Your Daily Brief For December 9th

Your Daily Brief For December 9th

about 1 year ago1 min

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Your Daily Brief is ready: a rundown of the top two News Stories each day.

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Your Brief Summary

In today’s Daily Brief, we'll be looking at new data from Mckinsey that shows a big chunk of economic growth has come from cities.

"While it's probably not news that cities are economic hubs, new research from Mckinsey has shown that a small selection of cities – just 1% of the world's landmass – made up more than half of the increase in economic output in the first two decades of this century."

Key takeaways:

  • Big cities powered half of global economic growth this century, showing the importance of urban hubs in driving development
  • ExxonMobil’s sticking to its commitment to oil – and its boosted share buyback program should keep investors happy
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