Tech talent is flocking to Toronto, 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.
U.S.: AT&T, Time Warner gets the go-ahead, Americans are feeling good about the economy, and more top news
- The U.S. lost its appeal of a decision allowing AT&T to buy Time Warner.
- Consumer confidence in the U.S. has rebounded to its highest level in 18 years, following an end to the longest-ever government shutdown.
- Oregon plans to become the first state to set statewide limits on rent increases.
- While Fiat-Chrysler prepares to hire 6,500 employees in Michigan, it will cut almost 1,400 jobs in Illinois.
- Walmart has changed its job description for greeters, and people with disabilities feel targeted by the move, says NPR.
CANADA: Ontario set to overhaul health care; tech talent is moving to Toronto, and more top news
- Ontario Health Minister Christine Elliott announced that the government is moving ahead with a new blueprint to reorganize the health care system.
- Canada's welcoming approach to tech visas is pulling in workers from around the world and bringing back Canadians who were previously working abroad, says the Financial Times.
- Unless the U.S. removes steel and aluminum tariffs, Canada won’t ratify the renegotiated North American free-trade pact, reports The Globe and Mail.
- New Brunswick’s Crown-owned power utility NB Power will work with a Florida-based company to develop power plants fueled by hydrogen extracted from seawater.
- Costco may be the latest retailer to give Amazon chase, with the bargain wholesale retailer being named the most-satisfying place to shop online.
MEXICO: Oxxo will start to sell Corona beer; Walmart workers are consider a strike, and more top news
- Oxxo store chain will start selling Grupo Modelo beers in April.
- Walmart workers in Mexico are demanding a 20% raise in their wage, otherwise they will go on strike.
- Mexico's National Commission for Regulatory Improvement (Conamer) announced a project to regulate the import of used vehicles.
- Goldman Sachs cuts Mexico's growth forecast for 2019.
- Mexico's Grupo Bimbo is among the most ethical companies worldwide, according to a ranking by The Ethisphere Institute.
- Petrobras will close its 300-employee headquarters in S?o Paulo.
- 46 percent of Brazilians reject pension reform.
- Caoa is negotiating its purchase of the Ford plant in S?o Bernardo.
- Advertisers leave YouTube after controversy over brand safety.
- Indicated by Bolsonaro, Campos Neto defends autonomy of the Central Bank.
EUROPE: Europe calls for facts in Huawei case, May offers MPs choice of no-deal or delay, and more top news
- European industry leaders are calling for facts, not fears, to rule decisions surrounding Huawei, reports Reuters.
- No-deal or delay? Those are the options Theresa May has offered to MPs preparing to vote in two weeks.
- The former head of the Swedish Academy, Sara Danius, has resigned.
- Ferrero has resumed operations at its biggest Nutella plant.
- A top-performing school in London is moving to a four-and-a-half-day week, reports The Independent.
- The EU is preparing for Theresa May to request a three-month delay to Brexit, Bloomberg reports citing two EU officials.
- Centrica lost 742,000 customers last year, as CEO Iain Conn warned the company faces a “huge number of headwinds.”
- Facebook founder Mark Zuckerberg will meet with the UK’s culture secretary in California to discuss online security.
- The government posted a record budget surplus last month, offering Chancellor Philip Hammond a pre-Brexit boost.
- Breakdancing could be the newest sport at the 2024 Olympics in Paris.
FRANCE: The Netherlands buy stake in Air-France-KLM, McDonalds pursues organic foods, and more top news
- The Dutch government bought more than 12.68% of shares in the Air France-KLM holding company to increase its influence.
- McDonald’s partners with Biolait to purchase 4.5 million litres of organic milk per year.
- The government wants to reform the national employment agency to increase its efficiency.
- Prices in public hospitals will rise by 0.5% in 2019.
- Siemens Gamera will build a factory of offshore wind turbines in the city of Le Havre.
- A property tax on the super rich could substitute the solidarity supplement, which today generates 17 billion euros , economists calculated.
- Ailing carmaker Opel reached it’s first surplus in 20 years.
- The SEC has asked to hold Tesla CEO Elon Musk in contempt over allegations that he violated a settlement deal.
- Fashion retailer Esprit cuts 400 jobs.
- Almost 2.5 million Germans use car sharing services.
INDIA: Mukesh Ambani is the world's 8th richest man, Delhi stares at groundwater crisis, and more top news
- Reliance Industries' Mukesh Ambani has become the eighth richest man in the world with a net worth of $54 billion, according to the Hurun Global Rich List 2019.
- Delhi could soon have a major water shortage on its hands.
- The RBI has recommended several changes in the compensation plans of top bank executives, including a penalty for under-reporting bad debt.
- Electric vehicles have several obstacles to overcome before they find favour with cab-hailing firms, shows a survey.
- More and more Indians from smaller cities are taking overseas vacations.
AUSTRALIA: Share price pain sought for wayward companies, Cadbury banned from zoos, and more top news
- Fines should be large enough to lower the share price of big companies that break the law.
- Mondelez-owned Cadbury and Natural Confectionery Company products were banned from zoos in Victoria.
- Don’t hold your breath for a big pay rise.
- A regulator tasked with assessing the quality of audits is still paid by accounting giant PwC.
- You no longer need to live in capital city to get start-up experience.
- Fair trade commission to probe Amazon Japan and other EC giants for dominant presence in the digital market.
- Walt Disney and NTT Docomo team up with content streaming for smartphones.
- Convenience store Lawson to ban plastic cups for cold brew coffee.
- Toyota and group 9 companies team up to hold educational event for women engineers.
- The number of seniors (age 65+) who are self employed increased 14% in 10 years, reflecting Japan’s aging society.
- Baidu began implementing a senior executive rotational program.
- A new hot pot restaurant in the Forbidden City triggered controversy.
- Wuxi edged out top cities as consumer favorite for customer satisfaction.
- 5G and folding-screen phones show up at WMC 2019.
- Elon Musk criticized SEC after incurring its scrutiny again over a tweet about production numbers.
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