In MACRO & MARKETS NEWS, China has a rate cut, US inflation slows, UK inflation proves stubborn and the Nikkei flies. In M&A NEWS, Goldman and Morgan Stanley reckon dealflow will turn around as we see big pharma deal-making, Bunge buying Viterra, Zensho buys Snowfox and the Microsoft/Activision Blizzard drama continues. In TECH NEWS, the UK government invests in AI, a French AI start-up attract ridiculous money, Insight Partners cuts its fund size and there's an interesting revelation about Twitter in India. In MISCELLANEOUS NEWS, we look at wage growth in the UK, why the UK jobs market is hot, how the Big Four accountancies should pay juniors more, Nio cutting prices, Ashtead knocking it out of the park and Bellway getting pessimistic. AND FINALLY, I bring you a clever card trick...
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Watsonβs 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!