Uber could pull out of Spain, 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.: BuzzFeed could be cutting jobs, China’s closing in on US retail dominance, and more top news
- BuzzFeed plans to lay off 15% of its employees, or 200 jobs, in a bid to hit profitability this year, reports The New York Times.
- China, already the global champion for e-commerce sales, is this year set to overtake the U.S. as the world's largest retail market, says USA Today, citing eMarketer’s forecast.
- IRS employees are skipping work to protest a Trump administration order that they return without pay amid the partial government shutdown.
- The super wealthy are getting younger: the average age of U.S. investors with $25 million or more has fallen by 11 years since 2014, to 47 years old.
- Magazine publisher Condé Nast is set to place all of its titles behind a paywall by the end of 2019.
CANADA: Canada top choice for millennials, Condé Nast plans paywall for all, and more top news
- The best country in the world may be Switzerland—but Canada ranks third, and was the top-rated country among millennial respondents.
- Magazine publisher Condé Nast is set to place all of its titles behind a paywall by the end of 2019.
- Cabify and Easy Taxi announced their merge in Mexico.
- According to Manpower Group, electricians are one of the most in demand professions in Mexico.
- Uncertainty and inflation will impact supermarkets’ sales this year, according to Mexican retailers association ANTAD.
- López Obrador sent a proposal to Congress that would allow adolescents between 15 and 17 years old to open bank accounts.
- Mexico's statistics agency's budget was reduced by 10.5% this year.
- Amazon opens first distribution center of South America in São Paulo.
- Former president Temer pardoned R$ 47.4 billion of corporate debt.
- IMF forecasts higher GDP for Brazil in 2019.
- Director of CNN Brasil, Douglas Tavolaro, promises: we will be neither left nor right.
- After receivership, banks question payments to Livraria Cultura directors.
EUROPE: Sony shifts Europe HQ to the Netherlands, Uber warns it could pull out of Spain, and more top news
- Sony is relocating its European headquarters to the Netherlands.
- Uber and Cabify have threatened to leave Spain.
- Google says it will challenge the €50 million fine imposed by France over GDPR breaches.
- Babies’ nappies in France have been found to contain hazardous chemicals.
- The best country in the world is Switzerland. That’s according to the latest US News & World Report, which surveyed business leaders and citizens from 36 countries.
- Tesco’s former UK finance boss has hit out at the supermarket chain after being acquitted over a £250m accounting scandal.
- Poor work-life balance is the number one reason doctors and nurses are leaving the NHS, a LinkedIn survey has found.
- Sony is relocating its European headquarters from the UK to the Netherlands.
- Facebook will introduce a new button to enable UK users to report scam adverts.
- John Lewis is to close its first shop in 13 years, putting 127 jobs at risk.
FRANCE: Carlos Ghosn resigns from Renault, household purchasing power is increasing, and more top news
- Carlos Ghosn resigns as Renault chairman, Jean-Dominique Senard should be appointed as his successor.
- French households’ disposable income will increase by 1% in 2018 and 2019.
- Uber threatens to leave Barcelona over conflict with taxis.
- Retailer Carrefour’s worldwide sales increased by 1.9% in 2018.
- The destruction of automatic radars by “yellow vests” will cost €500 million.
- German carmakers VW, BMW, Daimler and important suppliers consider a broad alliance over autonomous driving.
- After massive strikes in early January, German airport security staff announce an agreement for higher pay.
- Germany is the second most competitive economy in the world, according to an annual Bloomberg ranking.
- Car brands Audi and VW offer deductibles for customers who exchange an old diesel car for a new car across Germany, not just in selected cities.
- A commission of experts has outlined a plan for the coal phase-out in Germany.
INDIA: What's choking innovation in India, 100% electrification by month end, and more top news
- India's patent office sits on an application for more than four years on average before taking any action, Economic Times reports.
- India is likely to achieve 100% household electrification by January end, PTI reports.
- Ola has applied for a licence to start an NBFC, Economic Times reports, quoting unidentified sources.
- India’s 119 billionaires made ₹2,200 crore a day in 2018 even as the poorest 10% languish in debt, according to a report by Oxfam.
- India will soon have its own size chart for clothes.
AUSTRALIA: Australia drops down innovation list, Chinese banking giant moves forward, and more top news
- Australia has taken a step back on a list of innovative countries
- Chinese-owned WeBank is moving ahead with plans to open in Australia
- Foot traffic in retail stores was down again in January.
- Companies are using electoral data to identify Australian customers.
- A decline in Australian real estate values continued
JAPAN: Yamato punished over excessive charging, Pasona boosts hiring of senior workers, and more top news
- Transport ministry announced it will punish the moving subsidiary of delivery giant Yamato Holdings Co. for intentionally overcharging corporate clients.
- Staffing company Pasona announced it will start hiring retired seniors amid increasingly graying population in Japan.
- Subaru halted car production in Japan due to defective car parts.
- More apparel brands started to leave Japan’s largest online fashion retailer Zozotown, claiming selling clothes online at discount prices will harm their brand image.
- Sony decided to move European headquarters from U.K. to Netherland to avoid disruptions caused by Brexit.
CHINA: Baidu search services got questioned, Mobike renamed Meituan bike, and more top news
- Baidu’s search services that prioritize its own content in the search result trigger public outrage.
- Mobike will be renamed as Meituan bike.
- China tops U.S. as world’s No.1 retail market in 2019.
- iFlytek lays off 30 percent of its employees.
- Big data depicts common characteristics of people who are listed as dishonest people by the administrator.
From 2004 to 2019, I have been working in the Food and Drug Organization of the University of Iran in Tehran
5yسلام عیار در ایران و یا با متخصصان در ایران تماس ندارید ایران غنی از ثروت است