Apple's developer conference starts today, and other news around the world: The Rundown Rundown
Every day, LinkedIn publishes 9 Daily Rundowns, in 4 languages, around the world to get professionals up to speed. Here's a translated look at what each market is talking about today. The news team creates this digest for internal use; is this something you're interested in seeing? Let us know in the comments.
BRAZIL: Congress sees no reduction in gas price, domestic diesel production is the lowest in 15 years and other news
- Congress does not see how to reduce gasoline prices.
- National diesel production is the lowest in 15 years.
- New credit card rules determined by the Central Bank take effect.
- PCC, Brazil's largest criminal organization, reaches annual turnover of R$ 400 million.
- Piped gas is up to 8% more expensive for those who live in Sao Paulo.
U.S.: Apple's plan to fight phone addiction, meal kits hit supermarket shelves, and more top news
- Apple’s Worldwide Developers Conference (WWDC) begins today. One feature set to be unveiled: The Digital Health Initiative, which aims in part to curb smartphone addiction.
- HelloFresh will sell its meal kits in nearly 600 Giant Food and Stop & Shop stores starting this week.
- The historic meeting between President Trump and North Korean leader Kim Jong Un is back on, with the pair set to meet in Singapore on June 12.
- Microsoft (LinkedIn’s parent) has agreed to acquire code repository GitHub for $7.5 billion.
- Many women with early stages of breast cancer may not need chemotherapy, according to a new study.
CANADA: Canada and allies condemn US, Apple’s plan to get you off your phone, and more top news
- Canada, France, Germany, the U.K., Italy and Japan have released a statement against new metal tariffs.
- Many Vancouver residents support the government’s plan to impose higher taxes to cool property market.
FRANCE: AccorHotels lorgne sur Air France, le retour de l'inflation ?a change quoi?, et les autres infos du jour
- AccorHotels has proposed to buy a minority stake in Air France KLM.
- Inflation in France has reached its highest level in six years.
- Startup Klaxoon has raised $50 million to improve your meetings.
- Renault and PSA may have agreed to hike spare part prices, Mediapart reports.
- The EU Budget 2021-2027 will reduce the CAP (Common Agricultural Policy) budget by 5%.
U.K.: Amazon faces legal action over worker rights, the pay gap between young and old workers grows, and more top news
- Amazon delivery drivers are taking legal action against the retail giant to fight for better employment rights.
- A “fresh look” at migration rules “will be cheered” by UK firms, says the British Chamber of Commerce. Home Secretary Sajid Javid has pledged to review the UK’s visa system for skilled migrants.
- The pay gap between younger and older workers has risen by 50% in the last 20 years.
- A 25p “latte levy” on disposable coffee cups could see 11,000 jobs axed, manufacturers have warned.
- Clydesdale and Yorkshire Bank has sweetened its ￡1.6bn takeover offer for Virgin Money.
INDIA: Trains may soon run on time, Mumbai is world’s most overworked city, and more top news
- India's trains may soon start running on time. Railway minister Piyush Goyal has given zonal heads an ultimatum: Unpunctual train services will cost them promotions and delay their appraisals.
- Mumbai is the world's most overworked city, a UBS study shows. The average Mumbaikar clocks 3,315 hours a year, way higher than the global average of 1,987 hours.
- In three years, the government may become a minority shareholder in most PSUs. The Centre is planning to pare its stake in all public sector enterprises (except those in strategic sectors like defence and oil) to 49%.
- India is absent from Mary Meeker’s 2018 Internet Trends report. While the country accounted for 55 out of 355 slides in 2017, it failed to find a mention this year.
- India is poised to be a world leader in shared mobility. The increasing share of electric vehicles means shared mobility will account for 35% of all miles travelled by 2030, up from 10% now.
AUSTRALIA: CBA to pay $700m penalty in Austrac settlement, Myer's new chief goes to the shops, and more trending news
- The Commonwealth Bank of Australia has reached a $700m settlement to resolve AUSTRAC allegations.
- Myer’s new chief will spend his first day on the shop floor in Melbourne today, hearing the opinions of staff and customers about the beleaguered retailer.
- Channel 7 will be eagerly awaiting audience data today after its $150,000 interview with Barnaby Joyce and Vikki Campion.
- A former EnergyAustralia executive has blown the whistle on “unethical” retail practices.
- Jamie’s Italian has closed another Australian restaurant after failing to come to a lease agreement with its landlord.
CHINA: “头腾”互诉将对簿公堂，国家税务局展开演员涉税问题调查，及更多资讯
- Tencent and Toutiao have sued each other, the latest moves in an escalating legal battle.
- The State Administration of Taxation launches investigation of tax evasion by Chinese actors, after a famous former talk-show host reported “fake contract”widely used in showbiz industry.
- China warns any progress on trade talks would be nixed if U.S. imposes tariffs.
- China's antitrust agency launched an investigation on Samsung, SK Hynix and Micron regarding continued price hikes of DRAM memory chips.
- Meipai, China’s popular short video app owned by Hong Kong-listed selfie touch-up app Meitu, shut down for 30 days after talks with government departments in term of publishing spreading vulgar content involving minors.
DACH: US-Z?lle strapazieren EU-Beziehungen; Daimler droht Diesel-Milliardenstrafe; und weitere Themen
- US tariffs on steel and aluminum are stressing transatlantic relationships with the EU.
- Investigations into Daimler’s alleged emissions manipulations have widened and could mean billions in fines.
- Italy’s compromise to find a new government has alleviated fears of a new EU financial crisis — although it is still looming.
- Money can lure millennials and young professionals into your company, but it won’t keep them there, according to a study.
- Cows will get their own fitness tracker devices, to help optimize their health care.