Millions of Germans want to work more, 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. The news team creates this digest for internal use; is this something you're interested in seeing? Let us know in the comments.
U.S.: Amazon’s closing in on HQ2, AT&T accuses DOJ of colluding with Dish, and more top news
- Amazon has narrowed down its search for a second headquarters to a handful of places including Crystal City, Va., Dallas, and New York City, says The Wall Street Journal.
- AT&T’s WarnerMedia is accusing the U.S. Department of Justice of “collaborating” with Dish Network, in its current feud with the satellite company.
- Former GE executive John Flannery, fired as CEO after just 14 months in the job, will collect $4.25 million in severance payments in the next year.
- Ikea will trial one of its smaller outlets in New York, following the success of its first so-called “Planning Store” in London.
- Disney is pouring all of its marketing might into celebrating Mickey Mouse’s 90th birthday this month.
CANADA: Real estate race heats up between pot retailers, Amazon’s closing in on HQ2, and more top news
- Retailers selling recreational cannabis in Ontario are hurrying to secure prime real estate locations before April, when the stores become legal in the province.
- According to the U.S. Department of Commerce, exports from Mexico to the U.S. slowed down by 6.3% during September.
- People over 55 are the happiest in Mexico, according to a study that measures happiness conducted by Merlin Research.
- Grupo Televisa gets renewal of broadcast concessions.
- Wyndham Hotel Group plans to open eight new hotels in Mexico by 2019.
- German automotive manufacturing company Continental will invest over 1 billion pesos in Aguascalientes state to produce automotive electronics.
- Magazine publisher Editora Abril has two potential buyers.
- Informal jobs in Brazil hits record, with four out of 10 Brazilians employed in the informal market.
- Fitness centre chain Smart Fit will invest R$572 million in 2019.
- Elderly caregiving is the fastest growing occupation in ten years.
- Coca-Cola develops universal bottles for its soft drinks.
EUROPE: Europe’s banks pass stress test, New Caledonia rejects independence from France, and more top news
- Europe’s banks are now “more resilient to financial shocks,” according to the European Central Bank. The European Banking Authority has released the results of its 2018 stress test.
- New Caledonia has voted to remain part of France in a historic referendum.
- Uber has launched a subscription model that allows members to avoid surge pricing.
- Swedish retailer Ikea is considering rolling out more smaller outlets after the success of its first so-called “Planning Studio” in central London.
- When it comes to mastering English, France is lagging behind the rest of Western Europe.
U.K.: UK executives call for second Brexit vote, 180,000 employees get a pay rise, and more top news
- Senior executives of major firms including Waterstones, Innocent Drinks and Lastminute.com have backed calls for a second referendum on Brexit.
- Britons who work for one of the 4,700 companies that signed up to the real Living Wage will be getting a 2.8% pay rise this week.
- Patisserie Valerie chairman Luke Johnson has waived his ￡60,000 salary in the face of shareholder anger over the near collapse of the chain.
- Sky will cut the number of betting adverts it runs amidst rising concern about problem gambling in the UK.
- Energy firm Cuadrilla has announced that shale gas has flowed for the first time at its controversial fracking site in Lancashire.
- French President reaffirms the need to realign the taxation of diesel with that of gasoline to reduce air pollution.
- The 2018 transatlantic single-handed yacht race Route du Rhum attracts a lot of sponsors.
- Aids provided to employees by company works councils could soon be taxed.
- HSBC, BNP Paribas, ING and others leading banks team up to bring blockchain to letter of credit transactions.
- French bike industry sales outreach €2 billion in 2017 thanks to the boom of electric bikes.
DACH: The US enforce new sanctions on Iran; millions of Germans would prefer to work more ; and more top news
- The US have implemented new sanctions on Iran in order to make them more willing to renegotiate the 2015 nuclear deal.
- 2.4 million Germans would like to work more, a survey finds. Many of them are women and work only part-time.
- European banks are quite well prepared for another economic crisis, an analysis by the European Banking Authority shows.
- WhatsApp confirms that it plans to implement advertising in its popular messaging app.
- German car dealers call for hardware upgrades of diesel cars amidst signs of slowing interest in used diesel cars and fears of dealers going bankrupt.
INDIA: RBI governor gets show cause notice, a device to combat Delhi’s toxic smog, and more top news
- RBI governor Urjit Patel has received a show cause notice for not disclosing a list of wilful defaulters despite a Supreme Court order.
- Delhi-based Kurin Systems has won a patent for the “world’s largest as well as the strongest air purifier,” which, the startup claims, can provide clean air to 75,000 people living in a 3 km radius.
- Amazon's investment arm is set to acquire nearly 10% in Kishore Biyani’s Future Retail next week, Economic Times reports.
- Tesla co-founder Elon Musk tweeted that the electric car maker plans to have "partial presence" in India by the end of next year.
- IIT Delhi has slashed the yearly tuition fee for undergraduate foreign students by 31% and that for doctorate students by more than 96%.
- The government plans to halve Air India's debt by transferring ?29,000 crore of borrowings to a special purpose vehicle.
AUSTRALIA: Telstra glitch leaves 700 offenders unmonitored, stamp duty overhaul, and more top news
- A Telstra glitch left 774 South Australian prisoners unmonitored for more than a day.
- NSW is instigating the biggest overhaul to stamp duty in 30 years.
- Qantas is being pressured to introduce a U.S.-style war veteran policy saluting vets before takeoff and granting lifetime priority boarding.
- Coles is suing the tax office over its $40m fuel excise bill.
- While discount event Black Friday is only just taking hold in Australia, analysts are plotting its global demise.
- The Japanese government decided to revise immigration law at the Diet meeting and increase acceptance of foreign workers.
- Panasonic eyes to weave AI and internet connectivity to its home appliances by 2021.
- Tokyo Metropolitan Government releases a map that shows a prediction of traffic jam during 2020 Tokyo Olympics, urging commuters and transport companies to take measures.
- Smartphone makers are vying to develop “next-generation” mobile devices with a foldable display.
- The industry ministry releases the first guideline to tackle issues of no-shows at restaurants.
CHINA: Alibaba opens “Future Hotel”, Shanghai unveils rules to fuel private economy, and more top news
- Alibaba opens a “Future Hotel” staffed by robots in Hangzhou.
- Shanghai unveils several rules to fuel the city’s private economy growth.
- Chinese chip firm Fujian Jinhua denies stealing IP from Micron.
- Ofo confirms to move out of its Beijing headquarter.
- Tesla expects to invest up to $6 billion over next two years.