In MACRO, MARKETS, OIL & CRYPTO NEWS, China factory prices contribute to inflation fears (which hit global markets), confidence boosts share buy back plans and US petrol stations run dry while Peter Thiel backs a Coinbase rival and a Goldman Sachs MD quits on Dogecoin gains. In IPO AND M&A NEWS, a British SPAC king turns his focus on Europe and Farrow & Ball gets sold. In INDIVIDUAL COMPANY NEWS, China threatens Ericsson, L Brands decides to spin off Victoria's Secret, Renault considers battery-swapping and Deliveroo IPO backers tell us what they really think of it now. AND FINALLY, I bring you the Abercrombie & Fitch hierarchy and a useful maths hack...