Wednesday 24/04/24

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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