Wednesday 29/11/23

In BIG PICTURE NEWS, the dollar hits a 3-month low, Channel 4 has its worst ad slump for 15 years, London becomes the redundancy capital while AI is set to affect jobs and inflation threatens mini-nukes. In BANKS/INVESTMENT-RELATED NEWS, Goldman Sachs reins in China growth ambitions, Barclays looks set to drop clients, anti-greenwashing reforms get delayed, there's reaction to the clean energy sell-off, tech funding craters and Hargreaves Lansdown looks set to drop out of the FTSE100. In RETAIL NEWS, Shein's not a shoo-in, Temu invests in the US, online marketplaces report a surge in activity and Farfetch considers going private. In INDIVIDUAL COMPANY NEWS,GM cuts investment in Cruise, Uber tries to sweet-talk cabbies, Rolls-Royce streamlines, easyJet's profits take off and Saga's chief resigns. AND FINALLY, I bring you an unexpected cure for heartburn and the cutest thing you'll see today...

 


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