1. JD is the king of brand relationships and merchandising
JD has aligned and listened to what its brand suppliers have wanted in a way that others, like Sports Direct haven’t, which is “one of the secrets to the successes that JD have had.”
2. Aramco is now the most valuable company
Technology stocks have taken a battering in 2022, as Apple was replaced by Saudi Arabian oil and gas producer Aramco as the world’s most valuable company on Wednesday
3. Is Terra’s crash a Lehman moment?
In literal and quantifiable terms, probably not. But, as a pop-cultural reference to another landmark big, bad contagious collapse, the words ‘Lehman Brothers’ are likely to be thrown about quite a bit in the media over the coming days.
4. FTSE 100 reverses
The UK blue-chip index ended 114.32 points, or 1.6% lower at 7,233.34, above the session low of 7,158.53 but well below the early peak of 7,347.66.
5. More to come from BT
While the FTSE 100 company will retain a 50% interest in the JV, the US company, which is the product of a merger between Discovery and WarnerMedia completed only last month, will have a call option to buy BT's stake at specified points in the first four years of the JV and at a price to be determined.
Let’s take a look ahead at some of tomorrow’s news
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