The Rundown Rundown: 3 Japanese carmakers admit to falsified emissions data, and more news around the world
Adrian Sherratt/Construction Photography/Avalon/Getty Images

The Rundown Rundown: 3 Japanese carmakers admit to falsified emissions data, 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 next health care move, major media merger collapses, and more top news

  • Amazon is planning to open a health clinic later this year for its Seattle-based employees, reports CNBC.
  • Tribune filed a $1 billion lawsuit against Sinclair Broadcast Group for allegedly derailing a merger that would have created the biggest local broadcaster in the U.S.
  • The U.S. and EU are moving closer to reaching a trade agreement.
  • German-owned Aldi is betting big on the U.S. grocery market with more vegan and organic options.
  • The demand for data scientists is off the charts across the country, according to LinkedIn’s August Workforce Report.

And here’s the video version.

CANADA: Tariffs for Canada hit US newspapers, Amazon’s next health care move, and more top news

  • Local U.S. newspapers are dying as a result of tariffs on Canadian newsprint imposed by the Trump administration.

MEXICO: Inflation in July hits highest level in four months, Crocs to close manufacturing plants in Mexico, and more top news

  • Inflation in July hit its highest level in four months, according to Mexico's statistics agency.
  • Footwear company Crocs will close its manufacturing plants in Mexico.
  • Tania Ortiz is named new energy company IEnova general director.
  • Comparable store sales of Mexico's largest retail chains slow in July.
  • Mexico says working hard with U.S. on new NAFTA auto rules, which could pave the way for Canada to rejoin talks.

BRAZIL: Almost half of Brazilians only count on Social Security for retirement, number of defaulters grows in the country, and more top news

  • Almost half of Brazilians expect to rely only on the Social Security for retirement.
  • 41% of Brazilian adults were defaulted in July, an increase of 4.31% compared to the same month of 2017.
  • The National Bank for Economic and Social Development wants to raise R$ 10 billion by selling shares in companies.
  • Uncertainty with elections leaves Brazil "extremely vulnerable" in the fiscal sphere, says IIF.
  • The four largest banks in Brazil have a 12.30% growth in second quarter profit.

EUROPE: EU, US inch closer to trade deal, Apple takes wrong apps out of App Store, and more top news

  • The US and the EU are moving closer to a trade agreement, with the US asking its embassies in Europe to identify businesses suitable for the lowering of tariffs.
  • Apple has been accused of removing the wrong apps in its crackdown on gambling.
  • Yesterday proved to be a day of currency turmoil, with the rouble and lira both crashing.
  • A Dutch court has rejected Ryanair’s attempt to block pilots from the Netherlands from striking.
  • Profits at the world’s largest travel company, Tui, have taken a hit — but their outlook remains sunny.

U.K.: Emma's Diary fined £140k for data misuse, Mike Ashley closes in on House of Fraser deal, and more top news

  • Baby firm Emma’s Diary has been fined £140k for selling personal data without consent.
  • Sports Direct tycoon Mike Ashley is close to an agreement to buy embattled British high street chain House of Fraser, sources have told Sky News.
  • Theresa May is being urged to scrap her “blunt target” on immigration numbers after Brexit.
  • Profits at the world’s largest travel company, Tui, have taken a hit.
  • Scientists have developed a biodegradable paper battery.

FRANCE: The end of gender inequality at work? New York tackles Uber, and more top news

  • A report on how the government could tackle gender inequality in business is set to be released at the start of the academic year, according to Les Echos.
  • New York has imposed a minimum wage for drivers and frozen new VTC permits.
  • Arnaud Montebourg launched a honey made in France and a school of beekeeping.
  • IKEA has launched its first store in India.
  • The manager of a heating equipment maintenance company was fired because he was too “familiar” with his colleagues. The court said being too close with employees can undermine authority and is a valid cause for dismissal.

DACH: Toll collect agency under federal fraud investigation; Japanese car makers may have mishandled emission tests as well; and more top news

  • Toll collect agency under investigation for defrauding the German government of hundreds of millions of Euros
  • Japanese car manufacturers now facing problems about invalid emission tests
  • Ongoing crisis at Thyssen-Krupp leads to red numbers
  • About 1000 US news websites still not available in Europe – thanks to GDPR
  • The margins of luxury cars: Each Porsche sold makes 17.000 Euro, each Tesla loses 11.000

INDIA: IIT education may get a revamp, why Patanjali is losing steam, and more top news

  • A section of IIT faculty has proposed doing away with the JEE Advanced exam and scrapping the flagship B. Tech courses.
  • Baba Ramdev's Patanjali Ayurved is facing a slowdown due to brand fatigue, weak trade distribution, and a strong comeback by rivals.
  • More than 21,000 Indians overstayed their visas in the US last year, according to Department of Homeland Security data.
  • A former promoter of Bhushan Steel has been arrested for allegedly siphoning off ?2,000 crore from the company’s bank loans. 
  • 2018 could turn out to be a record year for PE/VC investments, data from EY’s deal tracker shows.

AUSTRALIA: Crown’s foreign high rollers spend $51bn, Suncorp exits life insurance, and more top news

  • Crown Australia's high roller VIP program delivered a profit of more than $51bn.
  • Suncorp Group has sold its life insurance business, months after Commonwealth Bank, ANZ and NAB all exited the sector.
  • Telstra customers at Thredbo have no internet and phone access after damage to cables.
  • Energy retailer AGL almost trebled its profits last financial year as prices increased.
  • NAB CEO Andrew Thorburn says staff acted dishonourably, but were not guilty of criminal acts.

JAPAN: Suzuki, Mazda, and Yamaha also used falsified emissions data, Mercari sales rose 60%, and more top news

  • Suzuki, Mazda, and Yamaha have admitted using falsified emissions data to inspect their new vehicles
  • E-commerce firm Mercari sales rose more than 60% yet not enough to avert another net loss.
  • Dentsu announced it is considering becoming a pure holding company in 2020.
  • Sony to open new landmark facility "Ginza Sony Park" in Tokyo.
  • Global Beer Consumption falls year-on-year for 4 consecutive years based on Kirin's research.

CHINA: Tencent responses to ‘Rocket Girls’ quit, Mobike probes into harassment accusation, and more top news

  • Three stars in ‘Produce 101’, Tencent’s most popular online talent show, will leave the show, citing burnout.
  • Mobike said it is probing into a case reported by one of its female engineer who allege having been sexually harassed by a male manager.
  • Walmart and JD invested 500 million USD in DaDa-JD, a JD owned logistic service.
  • Tik Tok, the short video platform owned by Bytedance, said it has signed agreements with several music publishers which will add 10 million tracks to its playlist.
  • 25.8 percent of young adults would block family members on WeChat, while elder ones put family first on WeChat, according to a report.

LinkedIn Editors

Arif ?e?en

montalama - rat

6 年

Gel türkiye ye gezdireyim

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Abedalrahman Mohmad

???? ?? ????? ? ??????

6 年

????

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Marc Anthony

Psychology / Growth Mindset neurologist

6 年

keep up the good work Miss katie

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