In MACRO NEWS, South Korea's president is arrested, the new French PM opens up, Reeves doesn't discount an emergency Budget and the UK economy veers towards stagflation. In TECH NEWS, the EU and UK watchdogs consider tech probes, OpenAI makes a key hire, there's doubt about Starmer's AI hopes, Intel cuts costs and Zuck wields the axe. In FINANCIALS & INVESTMENT NEWS, private credit looks vulnerable, Solomon's reckons that the US economy is in a "fragile place", emerging markets could get trickier and the net-zero alliance slides further. In MISCELLANOUS NEWS, things are looking good for Fortnum & Mason, Ocado and Games Workshop and less good for JD Sports while Country Garden loses over $24bn and Persimmon beats housebuilding targets. AND FINALLY I bring you a classic Chris Pratt impression...
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