Just a last posting before I shall disappear for 2 weeks. Market Updates: This week is Options Expiration week and it should be more volatile. How much more “volatile” can it be when uncle Mario and uncle Ben is doing everything to prop the market higher, right? However market is already at high and after […]
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BBC News – Business- Train strikes cause more disruption for passengersSome rail operators are running no services as 6,500 train drivers walk out in pay dispute.
- Bike seller Peloton and meditation app Calm cut jobsAfter pandemic success, exercise product maker Peloton and meditation app Calm slash jobs.
- Co-op joins rivals in dropping disposable barbecuesSainsbury's, Morrisons and Tesco are among retailers who have also stopped sales due to the heatwave.
- UK economy shrinks as outlook on recession darkensThe economy shrank by 0.1% leading some experts to warn a recession could start sooner than expected.
- Liz Truss defends energy firms saying profit is not evilThe Tory leader hopeful says profit is not "dirty" and windfall taxes were about "bashing business".
- Government proposes more help for energy-intensive firmsSectors like steel, paper and glass that use a lot of power could be set to receive more support.
- Argentina rate hiked to 69.5% as inflation hits 20-year highThe move comes as figures showed inflation in South America's second largest economy hit a 20-year high.
- Lee Jae-yong: Why South Korea just pardoned the Samsung 'prince'Lee Jae-yong, who was convicted for bribery and embezzlement, has been granted a presidential pardon.
- Johnson & Johnson to replace talc-based powder with cornstarchBy 2023 J&J will make all its baby powder using cornstarch following legal battles over talc's safety.
- Superdry boss warns shoppers will choose Europe over BritainTax-free shopping is no longer available to international visitors to Britain.
- Train strikes cause more disruption for passengers
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