In MACRO, ENERGY & BUSINESS TRENDS NEWS, China's economy falters, the Eurozone nears recession, the UAE invests in the UK's wind farm industry, the UK services sector grows, the UK M&A market hits new lows - something Peel Hunt knows only too well. In CAR NEWS, the EU proposes a three-year delay to EV sales tariffs, Tesla's union battle deepens while the UK sits on the side lines of the Cybertruck launch and Toyota makes a momentous $2bn move. In CONSUMER, RETAIL & LEISURE NEWS, US consumers use more BNPL while its labour market loosens up, UK food inflation is particularly bad, more UK first time buyers use 35 year mortgages, Sainsbury's wins back customers, Moonpig benefits from AI while SSP and On the Beach benefit from more travel. In MISCELLANEOUS NEWS, SEC warns against AI-washing, Meta and IBM form an AI alliance, Novo Nordisk looks at what's next and we see that more English councils are on the brink. AND FINALLY, I bring you the latest dating slang...
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