Wednesday 07/08/24

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In MACRO & OIL NEWS, Harris announces her running mate, China's export growth slows and we look at how the UK's recovery might keep interest rates higher for longer while Rachel Reeves suggests Canada-style pension funds, the government looks to ditch anti-strike laws and Saudi Aramco dishes out the dividends. In TECH & MEDIA NEWS, X goes on the warpath with advertisers, shuts down its San Fran HQ, pushes back against accusations of fuelling UK riots and Disney jacks up the price of most streaming plans. In REAL ESTATE NEWS,Evergrande's liquidators slap PwC with a lawsuit, the UK construction sector rebounds and Rightmove has a spot of bother. In MISCELLANEOUS NEWS, China's battery industry faces consolidation, Amazon looks to soldier on, Uber returns to profitability, Airbnb takes a hit, Domino's downgrades forecasts and Abrdn gets back into the black. AND FINALLY, I bring you a freezing challenge...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

 

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