Wednesday 20/07/22

In BIG PICTURE NEWS, China's real estate problems flare up, as do concerns about China/Taiwan, the Bank of England talks about a big rate hike, the IMF warns of European recession, France buys the rest of EDF, Chevron invests in fusion and BHP sees slowing global growth. In CONSUMER SPENDING TRENDS & RETAIL NEWS, consumers swerve big ticket items at Made.com, but buy "affordable" treats at Hotel Chocolat, we spend more on food and less on Netflix while Joules sees profit and fast fashion falters. In TECH NEWS, Twitter gets fast-tracked, Glassdoor takes a major blow and Darktrace prospers. In MISCELLANEOUS NEWS Johnson & Johnson cuts full-year forecasts and the UK boosts its tutoring "catch-up" plan. AND FINALLY, I bring you something that always makes me laugh - carrot-in-a-box...

 


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