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5 Things You Need To Know, Today, on Wednesday 11th May 2022

05:34, 11th May 2022

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5 Things You Need To Know, Today, on Wednesday 11th May 2022

5. Elon Musk says if his bid to buy Twitter is successful he will reverse Donald Trump's ban from the platform.

The richest man in the world agreed a $44bn (£34.5bn) takeover bid with the Twitter board last month.

(Click here to read more)

4. Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai.

The firm says the production halt will come into effect on Monday and stay in place until of end of next week.

(Click here to read more)

3. Apple has announced it is discontinuing its music player, the iPod Touch, bringing to an end a device widely praised for revolutionising how people listen to music.

When the first iPod was launched in 2001, it could store 1,000 tracks.

(Click here to read more)

2. An advertising campaign for Tesco Mobile which used the names of foods as substitutes for expletives has been banned.

The newspaper ads, Twitter posts and outdoor posters used words like "shiitake" and "pistachio" instead of swear words.

(Click here to read more)

1. An estimated 1.5 million households across the UK will struggle to pay food and energy bills over the next year, as rising prices and higher taxes squeeze budgets.

The National Institute of Economic and Social Research (NIESR) predicted the UK will fall into recession this year & called on Chancellor Rishi Sunak to do more to stop people sliding into debt and destitution.

(Click here to read more)

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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