Wednesday 18/09/24

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In BIG PICTURE NEWS, Trump launches a crypto company, traders bet on the BoE, there's uncertainty about BP's focus, there's another explanation for rising coffee prices, Amazon's RTO sparks debate and UK bosses are confident of full RTO within three years. In TECH NEWS, BlackRock and Microsoft plan a big AI infrastructure fund, Meta faces a massive fine, Microsoft seeks more clarity, Insta gets more parent/child-friendly and Snap bets on AR glasses. In CONSUMER & RETAILER NEWS, US consumer spending surprises, dollar stores continue to expand, B&Q's owner reports sluggish demand for kitchens and bathrooms, Tesco plants to get judgmental and Pret's sales break the Β£1bn barrier. In MISCELLANEOUS NEWS, Merc sells out of China, Tupperware files for bankruptcy, JP Morgan sidles up to Apple, US delays decision on Nippon Steel and Phililp Morris exits Vectura. AND FINALLY, I bring you an easy pineapple sorbet...

 


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Watson’s 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!

 

 

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