In MACROECONOMIC NEWS, China feels the effect of lockdowns and the UK heads towards recession. In M&A NEWS, Twitter gets interesting, Asda's buyers make a ton and SPACs hit legal challenges. In CONSUMER & RETAIL-RELATED NEWS, potential surge pricing could prove problematic, families face wages squeeze, streaming subscriptions fall, retailers plan to raise prices and gyms target retail space. In MISCELLANEOUS NEWS, South American farmers try to ease the shortfall, Rivian complains about the EV battery shortage and Bank of America has a positive revenue outlook.AND FINALLY, I bring you something interesting on battery tech and a Paul Potts moment...
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