Wednesday 04/05/22

In MACRO & OIL NEWS, Australia raises its interest rate, UK factory gate prices rocket, Eurozone unemployment falls, China refiners buy cheap Russian oil and BP's bumper earnings prompt renewed calls for a windfall tax. In CONSUMER-RELATED & RETAIL NEWS, shoppers pay higher prices and Klarna spending is to affect credit scores while Estee Lauder suffers and Airbnb is hopeful, Tesco links with Uber and McColl's has its shares suspended. In CAR-RELATED NEWS, Merc/BMW's car share business gets ditched and Cazoo has a tough time. In INDIVIDUAL COMPANY NEWS, Facebook cuts its podcasting products, Twitter could go public again, Starbucks increases pressure on unions and Avalon takes a massive hit.AND FINALLY, I bring you a ridiculous roast dinner "innovation"...


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