In MACRO & COMMODITIES NEWS, the US Senate passes a $95bn aid bill, the Bank of England's chief economist sounds cautious, UK borrowing is higher than expectations, we look at UK election timing options, Ithaca buys Eni assets, De Beers' output falls, farmers expand cocoa planting and Tianqi Lithium warns of losses. In EMPLOYMENT, CONSUMER & RETAIL NEWS, the US regulator bans non-compete clauses, UK grocery prices slow down, Asda sees a fall in sales, JD Sports expands in the US, ABF gets upbeat and Kering gets downbeat. In CAR NEWS, GM raises its profit outlook and Tesla doubles down on affordable EVs. In MISCELLANEOUS NEWS, Congress approves a ban on TikTok, Spotify's profits boom, Mattel falls short and Sunak champions investing in defence. AND FINALLY, I bring you a really expensive way to chop carrots...
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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!