The Rundown Rundown: Trump greenlights China tariffs, and more news from around the world
Every day, LinkedIn publishes 10 Daily Rundowns, in 6 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.
In reverse chronological order…
MEXICO: El peso, en caída libre, los mexicanos son los más felices del Grupo F y otras noticias
- Mexico's peso continues its free fall against the U.S. dollar, reaching its lowest value since January 2017.
- Mexico is the most unequal but the happiest country in its World Cup group, which includes Germany, Sweden and South Korea.
- U.S. and Canada agree to continue NAFTA negotiations.
- General director of Grupo Modelo to step down after 13 years at the company.
- Father's Day sales expected to hit 26,500 million pesos, up by 800 million pesos from 2017.
- Amazon is approaching companies including Natura and Grupo Boticário to sell cosmetics in Brazil.
- National Confederation of Industry appeals to Federal Supreme Court against new shipping rules.
- Average residential rental rates increased faster than inflation in 2018.
- IATA: Airport privatization has increased costs without improving efficiency.
- Correios (Brazil’s national post office) estimates a loss of R$150 million due to truckers' strike.
U.S.: Trump greenlights China tariffs, WeWork’s value could double, and more top news
- President Trump has given the go-ahead for tariffs on $50 billion worth of Chinese goods.
- WeWork and SoftBank Group are in talks that could see the value of the office-leasing company double to $40 billion.
- AT&T's takeover of Time Warner is officially complete, with the final deal valued at $81 billion.
- Uber and Lyft passengers can now buy insurance before their rides to cover any accidents, and even death.
- Online marketplace Etsy announced that it would increase the fees it charges sellers.
- Canada’s largest telecommunications companies will be investigated over concerns about misleading and aggressive sales techniques.
FRANCE: Bient?t un Netflix à la fran?aise, Renault accélère dans l’électrique, et les autres infos du jour
- The three leading French TV channels will launch a shared streaming service.
- French automaker Renault to invest €1 billion in electric car production.
- Brazil will win the World Cup, according to Goldman Sachs' AI.
- Priceminister-Rakuten partners with French retailer Boulanger to launch a click and collect service.
- GE will renege on hiring commitments it made when it acquired French rail giant Alstom.
DACH: EZB stoppt Anleiheprogramm; Rückkehr in Vollzeit wird einfacher; und weitere Themen
- The European Central Bank is winding down its crisis-era stimulus program.
- Going back to work full-time will get easier: A new law, planned to come into effect in 2019, will give people working part-time by choice a five-year window to move up to full time.
- Siemens will work on the next ICE model, Germany’s fastest train, without French company Alstom, as a planned merger is lagging behind.
- Germany passed legislation to allow class-action lawsuits to be filed against large corporations.
- Chicago selected Elon Musk’s Boring Company to build underground tunnels that will allow electric vehicles to transport travelers from downtown Chicago to O'Hare airport.
- Around 60 bank branches close every month in the UK, new research has revealed.
- Thousands more doctors and nurses will be able to migrate to the UK after a softening of visa restrictions.
- The “Royal Wedding effect” has boosted monthly retail sales.
- Apprenticeship numbers have fallen 28% year on year, and industry groups blame a “confusing” government levy for the decline.
- Google-owned Alphabet should not get more access to NHS data, a report warns.
INDIA: The alarming water crisis, Indian-origin CFO for GM, and more top news
- Inadequate access to safe water is responsible for 200,000 deaths every year and has a telling effect on India’s GDP.
- Thirty-nine-year-old Dhivya Suryadevara, an Indian American, will become General Motors’ first female CFO.
- Rail kitchens will be CCTV-monitored and AI-enabled so cooks don’t compromise on hygiene and passengers see live videos of meals being prepared.
- World Cup fever may compel five in ten Indians to miss work and school, according to a survey.
- The best way to respond to negative feedback: Take a breather and refrain from reacting immediately.
AUSTRALIA: Bank of mum and dad risks it all for love, telcos support Huawei, and more top news
- Parents need to stop guaranteeing their kids’ business loans, the Banking Royal Commission finds.
- Australian telcos are backing Chinese company Huawei amid a reported government ban.
- Coles is upping its private label products by an additional 40%, and suppliers are nervous.
- Australians distrust their energy providers more than their banks, according to a new survey.
- In regional Australia, 155 towns lost their only bank since the start of 2017.
CHINA: 头条上线“今日游戏”叫板腾讯，拼多多遭数十名商家上门维权，及更多资讯
- Toutiao launched its gaming platform, signaling an escalating battle with Tencent.
- Several merchants gathered at e-commerce platform Pinduoduo’s Shanghai office to protest its heavy fines and the withholding of deposits.
- Chinese search giant Baidu and mobile carrier China Mobile announced a comprehensive partnership to collaborate on AI, 5G and big data.
- “5G standalone” specifications have been officially approved, kicking off the final sprint towards 5G commercialization.
- Companies are using AI to predict the winner of the World Cup.
Love to hear Canadians talk about America as if we are done. :-) Sit down little brother. The adults are talking now. America is on an economics tear of a massive scale with a commander, like him or not, whole heartedly believes in American workers and our products. It’s about time. There has been an explosion of high tech manufacturing in Michigan. It will spread. We have the greatest and most educated workforce on the planet. I will take American Aerospace, engineers, skilled trades, over any workforce on the planet. America is the Gold Standard. Period. Get used to it cause it’s only getting better and we finally have a leader that believes in that premise. So be careful in telling Americans our days are over, our response may not be as nice as you are used to.
MIC at MICIi
6 年The question we must asked ourselves is does MBA graduates destroyed the economy???
MIC at MICIi
6 年In order to boost the property market is made sense to make America great again....
Retraité (Indépendant)
6 年Treat others like own self