Tesla's Model 3 is finally launching, 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.: Finally here: Tesla's cheaper Model 3; FedEx starts deploying robots, and more top news
- Following much anticipation, Tesla is launching its standard Model 3 vehicle starting at $35,000.
- FedEx says it's testing out an autonomous robot called SameDay Bot to get packages to customers.
- HBO veteran Richard Plepler is resigning after almost 30 years with the company.
- California utility PG&E recorded a $10.5 billion charge related to the state’s deadliest-ever wildfire, in which 85 people died, saying its equipment likely sparked it.
- Gap announced that it will divide into two publicly traded companies: Old Navy and another company consisting of all the rest, including Gap, Athleta, and Banana Republic.
CANADA: Canada's going to the moon (and maybe Mars), Victoria’s Secret store closures, and more top news
- Canada is going to the moon, announced Prime Minister Trudeau, revealing Canada’s $2.05 billion commitment over the next 24 years to the Lunar Orbiting Platform-Gateway.
- Victoria's Secret said it will close three Canadian stores as the retailer continues to face increased competition from online and big retail rivals.
- Chinese telecommunications giant Huawei is expanding its footprint in Canada, where it employs about 1,100 people, reports The New York Times.
- Following much anticipation, Tesla is launching its standard Model 3 vehicle starting at USD$35,000.
- Martha Stewart is working with the world’s largest cannabis company to create a line of products for humans and animals.
- Mexico's stock exchange closed February with 2.6% losses.
- Mexico is the second fastest country growing in fixed broadband, according to OECD.
- There is positive outlook for Mexico's retail industry for 2019.
- Mexico is among the world's worst countries in the rule of law.
- The Mexican peso lost strength and ended February with losses.
- Vale's manager says that the company knew about the risks of the dam in Brumadinho.
- Brazil created 34,300 formal jobs in January.
- Honda reopens factory in S?o Paulo that was closed 3 years ago.
- GDP repeats 2017 performance and grows only 1.1%.
- Carrefour partners with Rappi and wants leadership in e-commerce.
EUROPE: The shift in UK migration, Switzerland mulls cannabis trials, and more top news
- Net migration from EU nationals to the UK has dropped 70% since the Brexit vote, reveals the Office for National Statistics.
- The Swiss government is considering allowing scientific cannabis trials.
- Sales and profits continue to stack up at Lego.
- The Booker Prize has a new sponsor.
- An infestation of rats, wasps and flies across Europe last summer made for a “very good year” for Rentokil Initial.
U.K.: Aston Martin's ￡30m Brexit fund, one in 10 adults has never had a job, and more top news
- Aston Martin has set aside ￡30m to prepare for a no-deal Brexit.
- Despite record employment, one in 10 UK adults has never had a paid job, according to official data.
- Rolls-Royce slumped to a ￡2.9bn loss last year, as the cost of fixing problems with its Trent 1000 engines ballooned to ￡790m.
- NHS England will reportedly scrap its four-hour A&E treatment target, sparking concerns it could become easier for bosses to hide poor performance.
- The Booker Prize has a new sponsor: Silicon Valley billionaire Sir Michael Moritz and wife Harriet Heyman.
- The strike at SNCF in spring cost the national railway company €890 million.
- Retailer Carrefour recorded profits in 2018, thanks to its new strategy.
- The “yellow vests” protest costs the French economy 0.2 points of GDP growth.
- Dassault Aviation announced record high profits in 2018.
- What does the ideal job look like in France?
- 51 percent of employees feel overwhelmed with work, a survey finds.
- Online fashion retailer Zalando announced it will open its platform to other companies.
- Of all family-owned enterprises worldwide, Walmart has the highest revenues.
- BMW and Daimler agree to cooperate on autonomous driving.
- Car parts supplier ZF considers acquisition of brake specialist Wabco in a push to catch up with rival suppliers Bosch and Continental.
INDIA: Subsidy for green vehicles, Naresh Goyal agrees to leave Jet's cockpit, and more top news
- The government is set to announce a subsidy of up to ?2.5 lakh for 60,000 electric cars and a rebate of up to ?20,000 for hybrid cars.
- Naresh Goyal has agreed to step down as Jet Airways chairman under a lender-driven bailout plan, several publications reported.
- India’s GDP growth slowed to 6.6% in October-December from 7% in the previous quarter, according to official data.
- Grofers has raised $60 million in a Series F round led by existing backer SoftBank, Financial Express reports.
- The average monthly 4G data usage hit 10.4 GB in 2018, up nearly a dozen times from 2015.
AUSTRALIA: Amazon to hire more permanent staff after criticism, Bega job cuts, and more top news
- Amazon has headed off criticism of its use of labour hire workers in Australia.
- Bega’s Melbourne cheese factory isn’t viable and will close this week.
- Most of Ausgrid’s new electrical apprentices are women.
- After his industry became one of several disrupted by online platforms over the past decade the chief executive of the 13cabs network and the Cabcharge payments processing system still thinks traditional cabs can defeat Uber and other ride-sharing companies.
- Marketing for bottled water endorsed by celebrity chef Pete Evans breached advertising standards.
- The last year of recruitment guidelines to hire new grads starts in March 1st.
- Advertisement agency Dentsu announces internet advertising market will overcome the television advertising market in 2019
- Trading company giant Itochu committed to raising its stake in Descente despite opposition.
- Starbucks opened its 5th flagship store in Tokyo
- Ichiran, famous ramen shop developed a "no pork ramen" for muslim tourists.
- China CEOs are more optimistic about global economy than their global peers.
- Netease cuts staff and businesses outside its video game business.
- Four in 10 internet users only have a middle school diploma.
- TikTok will pay $5.7 million over alleged children’s privacy law violations.
- Uber and Lyft compete for drivers and passengers ahead of IPO.
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6 年Lyft pure-play IPO, WhatsApp Coin to launch in Spring of 2019, Tesla closing stores, NY open-letter pleads for Amazon to come back, Brexit madness, and other stories.?