The Rundown Rundown: Spanish taxi drivers protest Uber, 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.: Uber hits the brakes on self-driving trucks, GE is selling more of itself, and more top news
- Uber is halting its autonomous truck efforts. The ride-hailing company said it would focus exclusively on the development of autonomous cars.
- GE is seeking a buyer for its digital assets. Parts of GE Digital will likely be sold off to software companies or “industrial players seeking to become more digital-focused,” The Wall Street Journal reports.
- T-Mobile has agreed to buy $3.5 billion of 5G network gear from Nokia.
- WeWork is getting into office design, helping clients such as UBS make their workplaces “more convivial.”
- Harley Davidson is looking to produce smaller motorcycles to attract younger riders and boost declining sales.
CANADA: Canada is nearly out of EpiPens, Uber stops self-driving truck efforts, and more top news
- Canada could run out of EpiPens “in coming days or weeks,” warns Health Canada, due to manufacturing delays.
- The United States and Mexico plan to hold ministerial-level NAFTA trade talks on Thursday in Washington, the second such meeting within a week.
- The Mexican peso started the week on a high gaining strength, thanks to the U.S. dollar’s global weakness and to the optimism over NAFTA
- Ford is the company with the most satisfied workers in Mexico, according to a Love Mondays survey.
- AT&T will connect operations of the new Mexican stock exchange BIVA with brokerage firms.
- National Geographic will launch in Mexico in the second half of 2018 an entertainment center which includes a virtual reality experience for kids.
- Gross debt of Brazil reaches the highest percentage in history.
- Product made in Brazil is 30% more expensive than the one made in the USA.
- National Health Agency repeals measure on coparticipation in health plans payments that harms consumers.
- Cosmetics brand O Boticario hires afrodescendant family for new advertising and suffers racist attacks on YouTube.
- Itaú Unibanco's profit rises 3.45% in the second quarter, reaching R$ 6.382 billion.
EUROPE: German pilots add to Ryanair turbulence, Spanish taxi drivers protest Uber, and more top news
- Ryanair’s woes continue as 96% of their German pilots agree to strike over pay and conditions.
- Spanish taxi drivers are blocking main streets with their cars in protest against Uber and Cabify.
- Portugal, Spain and France have signed a deal to build an undersea powerline in the Bay of Biscay.
- Tesla is in talks with Germany and the Netherlands to build its first European Gigafactory.
- Workers at the Eiffel Tower in Paris are also preparing to walk off the job in response to “monstrous and often lopsided” queues.
- House of Fraser has been approached by Sports Direct tycoon Mike Ashley in a new investment deal.
- Condom maker Durex has issued a product recall over fears some of its condoms could split.
- Dixons Carphone has confirmed that as many as 10 million customers were affected by a massive data breach last year.
- The number of sick days taken by UK workers has hit a record low.
- The funeral industry must be better regulated, according to one of Britain’s biggest funeral providers.
FRANCE: The resources of the Earth over for 2018, the boom of holiday apps, and more top news
- On August 1, humanity will have exhausted the planet's resources for 2018.
- Vinci (construction firm) has launched Ulys to share traffic info or geolocate gas station (and other apps to download this summer).
- According to a PwC study, robots in UK should create more jobs than they will destroy in the next 20 years.
- Louis Vuitton will open in 2020 a new workshop in an old barrack of the 18th century.
- McDonald’s has just opened a plant in India to turn its cooking oil into fuel.
- German farmers request 1 billion euros in additional subsidies to help battle climate change caused drought and low harvests.
- Low and negative interest rates put increasing pressure on german pension funds.
- In preparation of Brexit, Deutsche Bank is moving large parts of their investment banking business from London to Frankfurt.
- New York is planning to strictly regulate Uber and Lyft. The reason: Traffic in the city is actually up because of the ride sharing business.
- Employees are the largest IT security risk for any company, say experts.
INDIA: Millions may become stateless, e-commerce watchdog in the works, and more top news
- The future of more than 4 million Assam residents hangs in the balance. That's because they failed to make the final draft list of the National Register of Citizens, which is considered as proof of Assamese identity.
- India is likely to get a regulator for e-commerce, Mint reports, quoting a draft policy document.
- Antigua may soon revoke fugitive diamantaire Mehul Choksi's citizenship, CNBC-TV18 reports.
- Healthcare startup Cure.fit has raised $120 million in Series C funding from IDG Ventures, Accel and other VC funds.
- Indian CEOs are more bullish on the global economy than their country's, shows a KPMG survey.
AUSTRALIA: Dreamworld devalued by $75m after tragedy, richlister can’t get a loan, and more top news
- Dreamworld’s owners are set to write off $75m in value after the tragic ride accident.
- Rich lister Christian Beck says he can't get a bank loan and blames the Banking Royal Commission.
- Victoria beat NSW as the country’s strongest economy while WA is in last place.
- Deliveroo Australia’s boss is considering a new ‘gig economy’ sick leave system where a worker would accrue paid benefits based on their output rather than hours worked.
- “Mission: Impossible — Fallout” opened with a new high for the franchise, bringing in an estimated $61.5m in the U.S. and Canada.
- After 18 months, Government-backed campaign to clock off early campaign "Premium Friday" is now considered to be "Shining Monday".
- Softbank's computer chip design firm ARM Holdings to buy Treasure Data.
- Car makers are preparing for EU's new regulation WLTP starting from September.
- Rakuten ties up with restaurant finder Gurunavi investing ￥4.5bn.
- Japan's traditional stage actor Mansai Nomura to oversee Tokyo 2020 Olympics ceremonies.
CHINA: Alipay will launch mini-app, China to crackdown spam calls, and more top news
- Alipay will launch mini programs after one year of test drive, in the hope of adding social element to the online payment app and competing with WeChat.
- China will start a 18-month-long crackdown on spam calls.
- Alibaba invest $200 million in Canxing, the media production company that incubated talent show The Voice of China.
- Flight MH370, missing since 2014, was probably steered off course deliberately, according to the Malaysian government’s latest safety report into the disaster.
- China Central bank fines two payment companies following its initiative to strictly regulate the industry.
IT Strategist - Helps stakeholders achieve their objectives through technology
6 年Hi, this is great. Quick snapshot of the world from a local perspective. /twist.