Wednesday 28/08/24

In BIG PICTURE NEWS, sterling hits a new high and we look at how supply chains have evolved, how GM is delaying its Indiana battery factory, why Saudi Arabia is pressuring City law firms to hire more locals and why the UK market looks set for a brisk autumn. In RETAIL NEWS, PDD takes a hit as Temu's global expansion hits hurdles, Walmart broadens its offering and we look at why 7-Eleven is so compelling and how Kurt Geiger has seen a decent sales increase. In SOCIAL MEDIA NEWS, we see Zuck in defiant mood and why the Telegram chief's arrest is important. In MISCELLANEOUS NEWS, Klarna wants to cull, Ryanair reckons fares will fall, Gunvor sees earnings halve and Eli Lilly launches a cheaper version of its weight-loss drug. AND FINALLY, I show you what really goes through teachers' minds at parent-teacher meetings...

 


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