Apple unveils new gadgets, and more news around the world
Every day, LinkedIn publishes 12 Daily Rundowns, in 7 languages, around the world to get professionals up to speed. Here's a translated look at what each market is talking about today.
U.S.: Uber debuts subscription service, GE chops dividend amid new probe, and more top news
- Uber is launching a monthly subscription service, similar to that of Amazon Prime.
- General Electric has slashed its quarterly dividend to a penny, from 12 cents, and says the Justice Department is opening an investigation into its accounting practices.
- Apple has unveiled an updated Macbook Air with a retina display, a new version of the Mac Mini and a new iPad Pro at an event in New York City.
- As parents face a holiday season without Toys "R" Us, a number of retailers are competing to fill the void.
- A cluster of media companies, private-equity firms and sports teams are circling the 22 regional sports networks up for grabs, following Disney’s acquisition of 21st Century Fox.
CANADA: Court challenge to carbon tax, Apple unveils new gadgets, and more top news
- Lawyers for the Attorney-General say Canada’s Constitution grants the federal government the right to impose a carbon tax on the provinces.
- Mexico's economic growth picked up in third quarter compared with the previous quarter’s contraction, with gains in industrial output, services and agricultural production.
- The peso gained strength against U.S. dollar after incoming president Lopez Obrador announced cancelation of new airport in Mexico City.
- Sequoia Capital invested for the first time in history in a Mexican startup.
- Mexico is the Latin country with the greatest decline in English proficiency ranking.
- 75 percent of Mexican households consume some type of alcoholic beverage per year.
- The high-end option of iPhone XS Max will cost R$9,999 in Brazil.
- CNI criticizes the possible end of Ministry of Industry and asks for sector’s own bureau.
- Brazil drops 12 positions in English proficiency ranking.
- Penguin Random House takes control of Companhia das Letras.
- USP surpass Unicamp and is once again the best university in the country.
EUROPE: Italy’s storm death toll rises, easyJet on track for electric planes, and more top news
- The death toll from fierce storms in Italy has risen to 11.
- EasyJet is moving to the next stage of development of an electric engine.
- Amazon has launched its first ‘try before you buy’ fashion service in the UK.
- Former Audi CEO Rupert Stadler is set to be released from prison.
- Turkey has officially opened its new mega-airport, set to be the world’s busiest.
- Billionaire Mike Ashley will close half of Evans Cycles stores in the UK as part of a deal to buy the struggling chain.
- US lobbyists have hit back at the UK government’s plan to impose a 2% levy on the revenues of tech giants such as Google, Facebook and Amazon.
- Luxury carmaker Bentley has warned that a no-deal Brexit could lead to the temporary shutdown of its Cheshire factory.
- BP more than doubled its profits in the third quarter of 2018, chalking up its best quarterly result in five years.
- Wagamama has been bought by The Restaurant Group in a deal that values the London-based restaurant chain at ￡559 million.
FRANCE: Halloween is big business, EasyJet plans electric planes by 2030, and more top news
- 46 percent of French people consider Halloween as a commercial holiday, and only 45 percent decorate their house for the occasion.
- EasyJet has pledged to develop a fleet of electric planes to cover short-haul routes by 2030.
- France’s growth rebound remains limited; it was +0.4 percent during the third quarter, contrary to governmental expectation of +0.5 percent.
- French sporting goods retailer Decathlon launch a new service: its customers can now test the products at home and pay later if they decide to keep it.
- According to a study, drug consumption at work is more and more common. For example, cannabis use has increased by 40 percent over the last 7 years.
DACH: Former Audi CEO Stadler released on bail; unemployment in Germany hits record low since reunification; and more top news
- Former Audi CEO was released from prison on bail.
- Unemployment was below five percent – a first since Germany was reunified.
- Researchers can extract patients’ history through a widely-used healthcare app Vivy, causing serious security problems.
- General Electric shocks investors with quarterly losses of 20 billion euros.
- Media corporation ProSiebenSat1 acquires US dating platform eharmony.
INDIA: Delhi may ban private cars, why it's dangerous to be a journalist in India, and more top news
- Delhi may ban the use of private cars from November 1 if its already-severe air pollution worsens.
- India ranks among 14 nations with the worst track record of punishing journalists’ killers, according to the Global Impunity Index.
- RBI governor Urjit Patel is considering resigning from his post following an “irreversible breakdown” between him and the government.
- The government may opt for an outright sale of debt-ridden IL&FS to a financially strong investor, Bloomberg reports.
- Ola’s valuation is likely to top $5.5 billion following a $100 million fundraise from existing backer Steadview Capital.
- Four in 10 Indian techies almost never finish online reskilling courses, shows a survey by e-learning platform Edureka.
AUSTRALIA: Uber launches in the bush, ANZ earnings fall 5% after commission, and more top news
- Uber will launch in 15 new regional centers spread in locations such as New South Wales, Queensland and Victoria in December.
- ANZ bank has announced a 5 percent reduction in annual cash earnings.
- Commonwealth Bank will sell part of its asset management branch to Japanese bank Mitsubishi.
- The Financial Services Council has decided people no longer need to disclose genetic test results when applying for insurance.
- Food delivery business Deliveroo is opening another delivery-only commercial kitchen.
- Apple reveals new iPad Pro, Macbook Air and Mac Mini.
- The government to stick with the current recruitment guideline for the class of 2022.
- Tokyo University of The Arts will open a new course aimed at studying and creating video game in next year.
- NetEase Games’ Knives Out and Bytedance’s TikTok placed the largest amount of smartphone advertisement in the first half of 2018, according to Internet research company Video Research Interactive.
- Twitter may delete “Like” button in a bid to promote healthier conversation.
CHINA: Legendary Chinese novelist Jin Yong died, Meituan-Dianping restructured after IPO, and more top news
- Legendary Chinese novelist Jin Yong, who created a generation of martial arts novels, died at 94.
- Meituan Dianping was restructured to focus on “eating” after IPO.
- Xiaomi, Suning and several other internet firms were called out for irregularities in accounting practices.
- Bike sharing company Ofo withdraws from Japan after six months in the market.
- China’s five social insurance and one housing fund will roll out a blacklist policy that records people’s untrustworthy behaviors.
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