Wednesday 07/02/24

In MACRO, MARKETS & OIL NEWS,China's stock market has a bump up, Brussels concedes to the farmers and BP sees its profits halve. In TECH, MEDIA & TELECOMS NEWS, TSMC invests in Japan, China ups the ante on advanced chips, Spotify posts a loss and Snap misses its revenue targets while ESPN, Fox and Warner get together for sports streaming as ad agencies evolve and KDDI takes control of Lawson. In REAL ESTATE-RELATED NEWS, Neumann wants to return to WeWork, a Canary Wharf office takes a massive valuation hit, construction sector confidence rises and the UK gets Dutch-style mortgages. In MISCELLANEOUS NEWS, we look at the latest developments in the automotive and banking sectors as M&S outpaces Aldi, Pret gives up on veggies and the Woodside/Santos would-be merger collapses. AND FINALLY, I bring you an amusing husband/wife scenario...


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