Wednesday 10/07/24

In MACRO, ENERGY & COMMODITIES NEWS, the US makes progress, efforts to oust Biden lose momentum (although Europeans are hedging their bets), renewables firms plan new onshore windfarms, BP warns of lower profits and it's not looking good for coffee prices. In BUSINESS & EMPLOYMENT TRENDS NEWS, Begbies Traynor expects higher insolvency levels, Dyson announces deep cuts, Page Group issues another profit warning and Linklaters partners rake it in. In CONSUMER GOODS & LEISURE NEWS, a US non-alcoholic beer brand doubles its valuation, Nike's turnaround efforts stumble, Samsung Electronics workers vote for an indefinite strike and Loungers knocks it out of the park. In MISCELLANEOUS NEWS, Ariane 6 launches, Vistry expects a Labour boost and Shein launches a €200m fund. AND FINALLY, I bring you gourmet food on a budget...


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