Former British Prime Minister’s Slip Of The Tongue Over Brexit May Make You Gag

Former British Prime Minister David Cameron had a slip of the tongue while talking about the United Kingdom’s 2016 Brexit vote to leave the European Union, sending TV hosts into a fit of giggles.

“I shat at the TV,” Cameron said on Thursday’s broadcast of ITV’s “This Morning.”

“I shouted at the TV,” he immediately clarified.

But his initial statement had already set his wife Samantha Cameron and TV hosts Phillip Schofield and Holly Willoughby into laughter.

Check out the clip here:

It was a moment of levity amid the political chaos of Brexit, stalemated as current Prime Minister Boris Johnson vows to extricate the country from the EU “do or die,” with or without a deal on Oct. 31.

Cameron ― who advocated for the country to remain in the EU ― is currently promoting his new memoir “For The Record” in which he details his decision to call the Brexit vote, blasts Johnson as a liar and apologizes for the division the referendum result has since caused.

Cameron stepped down after voters narrowly approved Brexit. 

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European Economics Preview: BoE Rate Decision Due

Interest rate announcements from the Bank of England and the Swiss National Bank are due on Thursday, headlining a busy day for the European economic news.

At 3.30 am ET, the Swiss National Bank is set to announce its quarterly monetary policy assessment. The bank is expected to hold its new policy rate at -0.75 percent.

At 4.00 am ET, the Eurozone current account data is due for July. The surplus totaled EUR 18.4 billion in June.

In the meantime, Norges bank announces its rate decision. The bank is expected to hold its key rate at 1.25 percent. Also, industrial production and producer prices are due from Poland.

At 4.30 am ET, the Office for National Statistics is scheduled to issue UK retail sales data. Economists forecast sales to remain flat on month in August, following a 0.2 percent rise in July.

At 7.00 am ET, the Bank of England is set to leave its key interest rate unchanged at the final policy session ahead of the Brexit scheduled on October 31. Policymakers are likely to retain the interest rate at 0.75 percent and quantitative easing at GBP 435 billion.

ABC’s Peter Lewis and SBS’ Peeyush Gupta to retain board roles

ABC director Peter Lewis and SBS director Peeyush Gupta will keep their roles for another five years after a federal government decision to reappoint the public broadcasters' board members.

Mr Lewis, a former Seven West Media chief financial officer and current chair of McGrath Limited, joined the ABC as a non-executive director in October 2014 and is one of the most experienced media executives on the board.

ABC director Peter Lewis.Credit:Jim Rice

ABC chairwoman Ita Buttrose has backed Mr Lewis to retain his role, which will now continue into a second term from October 2. Mr Lewis also chairs the ABC Audit and Risk Committee and undertook an efficiency review into the public broadcasters in 2014.

Mr Gupta will also move into his second term from October 16. He is a director at National Australia Bank, and chairman of Charter Hall Property Management.

Mr Gupta's second term will start on October 16, 2019.

Communications Minister Paul Fletcher said in a statement the reappointments helped maintain leadership and stability at the taxpayer-funded broadcasters.

"I congratulate Mr Lewis and Mr Gupta on their reappointments and look forward to the valuable and ongoing contributions they will make to the ABC and SBS Boards," Mr Fletcher said.

Barclays initiates coverage of Beyond Meat, saying it's 'not your typical meat company'

• Barclays is initiating Beyond Meat as overweight with a price target of $185.
• Barclays said Beyond Meat "provides growth and earnings acceleration unparalleled in the space."

Barclays initiated coverage of Beyond Meat on Thursday and said the company was "well-positioned" with the "potential" to capture a large share of the alternative meat market.

The firm gave the alternative meat company an "overweight" rating, with a target price of $185 a share.

"We estimate that BYND could reach a 4.5% market share of the global alternative meat industry, which itself could represent 10% of the global meat industry within a decade, " Barclays analyst Benjamin Theurer said.

The sky may be the limit for Beyond Meat, according to the firm.

"There's a big potential, both at the top and at the bottom: We expect growth to continue at high levels for upcoming years, and expect the company to achieve a 15% EBITDA margin by 2029, in line with its long-term guidance," the Barclays analyst said.

On Wednesday shares of the company dropped nearly 6% after Restaurant Brands International's Tim Hortons removed Beyond Meat from all but two provinces in Canada. The restaurant hospitality company said the Beyond Meat products were only intended to be for a limited time.

Shares of the company are up 1.16% to $155.77 in premarket trading.

Airbnb to go public sometime next year

Airbnb Inc. said Thursday that it plans to go public during 2020. The home rental and travel site made the announcement in a single sentence published on its website. Airbnb was valued at $31 billion in April, according to The Wall Street Journal’s Billion Dollar Startup Club. The company made the announcement at a time the Renaissance IPO ETF IPO, +0.82% has gained 31.9% year to date while the S&P 500 SPX, +0.45% has advanced 20.5%.