In MACRO NEWS, sterling rises, BoE economists debate the next interest rate move, China continues to retaliate and Shell is set to get $1.2bn. In FINANCIALS NEWS, Wall Street suffers Citrix impact, Dimon blames regulators, Credit Suisse investors vent and Rathbones buys Investec. In EMPLOYMENT NEWS, US job openings fall, Kirkland & Ellis gets brutal, McKinsey winds down and GM says it'll shed 5,000 workers. In MISCELLANEOUS NEWS, Tesla, Stellantis and BMW talk batteries, TikTok gets fined, L'Oréal buys Aesop, Saga suffers and asking prices fall.AND FINALLY, I bring you some egg warnings...
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