1. Thames Water’s future hangs in balance
As talks continue with investors to avert a return to public ownership after decades in private hands, Thames Water bonds fell by over 34%
2. Apple on the cusp of the US$3 trillion club
This would be the second time for the tech giant since it first crossed the threshold in January 2022, despite navigating numerous challenges including disruptions in the China supply chain and a softer macroeconomic environment over the past 18 months.
3. UK medical cannabis' resurgence
Activity has already grown materially in the past year and according to some calculations is set to accelerate in the next few years.
4. FTSE 100 reaches 7,500 mark at the close after Powell speech
At the close of trading, the UK's blue chip index had added 39 points to reach the 7,500 level for a 0.5% gain on the day.
5. Diageo ends partnership with P Diddy
Legal documents filed in New York confirmed Diageo is ending its brand relationships and has served Combs' legal team with a notice of termination for their Ciroc relationship.