Wednesday 31/01/24

In MACRO & OIL NEWS, Russia benefits from war, the Eurozone avoids recession, the IMF warns Jezza, councils are told to sell off assets and Saudi Arabia surprises on oil. In BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS, Hong Kong moves to tighten the rules, UK business confidence hits a new high after insolvencies hit a 30-year high last year and deal activity is expected to rebound. Return-to-office orders ramp up while job cuts are announced for UPS and Sky employees and consumers will like the fall in mortgage rates. In RETAIL, RESTAURANT & LEISURE NEWS, John Lewis looks set to turn a profit, Pets at Home falters, SSP keeps getting better, Starbucks suffers from Chinese competition and Saga cruises while Carnival changes course. In TECH & MEDIA NEWS, Microsoft knocks it out of the park, Alphabet doesn't and Samsung posts terrible earnings while Universal threatens TikTok and WPP frets about AI. AND FINALLY, I bring you some gadgets that you never knew you needed!

 


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