Wednesday 08/02/23

In MACRO, OIL & ENERGY NEWS, the Fed warns of more interest rate rises, Sunak breaks up the business department, Modi's opponents double-down on Adani's problems, a state of emergency is declared in Turkey, BP reins in climate goals, Serica faces a bright future and the energy bailout won't cost as much as expected. In CONSUMER & EMPLOYMENT TRENDS, UK house prices level out, mortgage rates calm down, UK employers turn to temps and Zoom lays off employees. In TECH NEWS, Arm sees profits rise, Microsoft continues to cause a stir with AI, Meta aims for younger users, Nintendo cuts forecasts and SoftBank's Vision Funds post massive losses. In MISCELLANEOUS NEWS, we look at the failure of hybrids, Lidl vs Tesco and railway changes. AND FINALLY, I bring you very cute dog and kitten video...


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