Early Global News

Your First Read of the Day

Early Global News: Wednesday August 15th, 2018

Early Global News

Wednesday August 15th, 2018


Dollar hits another 13-month peak on continuing concerns over Turkey  Daily Mail

U.S. Satisfaction Still Running at Improved Level  Gallup

Mueller Probe Seen Pushing Past Trump-Demanded September 1 Deadline  Bloomberg

TUR  Turkey Limits Banks’ Ability to Short Lira in Latest Crisis Move  Bloomberg

Wednesday: Retail Sales, Industrial Production, Homebuilder Confidence, NY Fed Mfg  Calculated Risk


STZ CGC  Corona beer maker to invest $4 billion more in weed producer Canopy  Reuters

EGN  Diamondback to buy Energen in $9.2 bln deal to boost Permian presence  Reuters

CESDY  Brazil’s Patria Investimentos considers bid for Cesp -source  Reuters

SHLD  Sears CEO’s hedge fund offers to buy Kenmore brand for $400 million  WSJ

MRT  MedEquities Realty Trust Is Exploring a Sale  Bloomberg

TSM  TSMC board approves US$4.5 billion for capacity expansion  Digitimes

GS  Goldman shareholders can again pursue class action over CDOs  Reuters

Opinion  MU  Large-capacity SSD demand for consumer computing to boom  “Falling NAND flash prices are set to accelerate the adoption of high-capacity SSDs in notebooks and other consumer computing devices, according to market observers.”  Digitimes

Opinion  QCOM  Qualcomm Snapdragon 850 chipset for Windows 10 devices may still have disappointing performance  TechRadar

Stake Changes

ET CVX SNAP P NFLX TMUS BLK PYPL AAPLBAY NVDA  Soros Fund Management adds popular tech names, BlackRock in second quarter  Reuters

ADP  Ackman’s Pershing Square trimmed ADP stake in second-quarter: filing  Reuters

Co-working company Ucommune eyes 2019 IPO  TechNode

BRKA GS TEVA AAPL  Berkshire boosts Goldman, Teva stakes; buys more Apple  Reuters

NWL  Activist Starboard Value halves its stake in Newell: filing  ReuSEC Filingters

AAPL  Buffett’s Berkshire Hathaway buys another 12.4 million Apple shares  Marketwatch

TSLA  Major Tesla shareholders trimmed stakes last quarter -filings  Reuters

Earnings Finance

HDSN  Hudson Technologies Enters Into an Interim Waiver and Second Amendment to Its Term Loan Credit and Security Agreement  Press Release

VWDRY  Orders surge to all-time high at Vestas in the second quarter  ReCharge News

GILD  Gilead Sciences Announces Executive Promotions  Press Release

HMNY  Moviepass losses jumped from less than $3 million to $126.6 million in a year  The Verge

Pharmaceuticals Healthcare

CYDY  CytoDyn Announces Strong Preclinical Results Using PRO 140 in Human Colon Carcinoma  Press Release

ANGO  AngioDynamics Provides Updates on Oncology and Vascular Access Businesses  Press Release

ESRX  Express Scripts staking out million dollar gene therapies  Reuters

UNH  Pronovost leaves UnitedHealthcare weeks after being named chief medical officer  Business Journals

MRK  Congo deploys experimental Ebola treatment as cases rise  Reuters

ADAP  Third Dosing Cohort to be initiated in MAGE-A4 SPEAR T-cell Basket Study After Favorable Review of Safety from One Billion Cell Dose Cohort  Press Release

NVCR  Novocure and US Oncology Research Announce Collaboration on PANOVA-3 Trial for Patients with Advanced Pancreatic Cancer  Press Release

Opinion  GSK  Long-acting injection a shot in the arm for GSK’s HIV business  Reuters

Futurelook  Effects of psychedelic DMT ‘similar to near-death experiences’  BBC World News

Linger  ESRX  Express Scripts staking out million dollar gene therapies  Channel NewsAsia

Entertainment Games

TCEHY NTES  Chinese regulators freeze license approvals for online, mobile and console video games  Bloomberg

VZ GOOGL  Verizon’s 5G home internet launch will come with free YouTube TV or Apple TV 4K  “And a fourth launch city is announced”  The Verge

SPOT P  Spotify’s User Growth Continues as Pandora Plateaus  “Pandora is the most popular music streaming service in the US. But that will change in the coming years, according to eMarketer’s latest forecast on digital audio listeners.”  

TLSYY  Foxtel announces dedicated 4K cable channel  Australia  TechRadar

CNWGY IMAX  Regal installs first ScreenX location in Irvine  Business Journals

ADDYY TWTR  Adidas will livestream high school football games on Twitter  Engadget

HMNY  MoviePass’ new 3 movies per month for $10 plan is live  Cnet

Opinion  We talked to Overwatch League’s franchise director about the future of esports  The Next Web

Linger  FanDuel’s founder didn’t make a dime when his company was acquired. Now he’s suing for millions.  re/code

Military Surveillance

LMT  Lockheed wins $2.9 billion contract for U.S. missile warning satellites  Reuters

Elizabeth Warren Demands in Letter That U.S. Military Explain Its Role in Yemen Bombings  The Intercept

GD  Report: CACI to Buy CSRA’s Former Systems Engineering Business Unit From General Dynamics  GovConWire

Blockchain Bitcoin

Bitcoin price falls below £5,000 and ethereum plummets as crypto markets ‘hit panic mode’  June 29th “El-Erian calls bitcoin a buy if its price falls below $5,000”  The Telegraph

Ether Price Analysis: Historic Support Breaks, Leads to Signs of Capitulation  Bitcoin Magazine

Wyre Adds MakerDAO Stablecoin Pairing for Global Money Transfers  Bitcoin Magazine

Trouble on the Horizon? What Last Weekend’s Ruckus Means for Bitmain’s IPO  Bitcoin Magazine

How blockchain technology could alter the real estate business  Business Journals

Blockchain buzz among advertisers starts to fizzle  Digiday

Playboy sues blockchain startup for screwing its cryptocurrency porno payment plan  The Next Web

Blockchain phase 2: Will it scale?  Computerworld

Cryptocurrencies have been crashing: Here are some explanations  Quartz

Casinos Gambling

MPEL  Labour group to petition Macau Chief Exec over Melco  GGRasia

Crackdown on Hong Kong triad-controlled gambling dens and prostitution leads to 48 arrests as ‘Thunderbolt 18’ operation ends  South China Morning Post

The Star applies to build Ritz-Carlton with help from HK firms  GGRasia

Nettleton speaks at AGE 2018 on industry legal trends  GGRasia

Opinion  Everi to outperform with EBITDA of US$229.88 mln: Telsey  GGRasia

Social Media

GOOGL  New Google Search Console adds mobile usability report, manage users & add site features  “Google brings more features from the old version of the Google Search Console to the new beta version of the Google Search Console.”  Search EngineLand

FIT  Fitbit Charge 3 leak hints at massive changes  Slashgear

SNAP FB TWTR  Social media platforms are losing traction with content marketers  Digiday

Retailers are turning employees into influencers  Digiday

TCEHY  Researchers have figured out ways to dodge censorship on WeChat  Quartz

Linger  TWTR  Nearly 50k people have blocked Twitter’s biggest advertisers over the Alex Jones debacle (and you can too)  The Next Web

Linger  TWTR  Twitter suspends Infowars host Alex Jones’ ability to tweet  Cnet


Instagram now lets you send private polls through DMs  The Verge

Linger  How a Fake Group on Facebook Created Real Protests  NY Times

Lingering Opinion  MTCH IAC  Facebook is turning matchmaker. Is this a good thing?  Financial Times

Travel Hotel

DIGTF  LA To Become First In US To Install Subway Body Scanners  AP

EIRL BKNG  July breaks records as Dublin Airport’s busiest ever month  Irish Independent

HA  Hawaiian Airlines launches new turboprop interisland cargo service  Business Journals

RYAAY  Flightright taking Ryanair to court over compensation for passengers affected by the airline’s strikes  Irish Independent

Fact  Passengers suffer nose bleeds after plane plunges in emergency landing  NY Post


AAPL  Apple Car could drive off the lot in only 5 years  Cult of Mac

Amazon.com patents driverless car tech to navigate traffic jams, construction and weather  Biz Journals

TSLA  Members of Tesla’s board of directors are lawyering up as crisis around Elon Musk deepens (TSLA)  Business Insider

F  Ford to invest $740 million in Detroit train station, city development project  Reuters

Futurelook  Here’s a real robot electric car fast-charging station like the one Tesla has been promising for years  Electrek


AMZN  Amazon Australia opens the doors of its massive Sydney warehouse  TechRadar

Reebok’s first plant-based shoes go on sale for $95  Engadget

TIF  Tiffany & Co to Spend at Least $250 Million on Fifth Avenue Store Remodel  Fortune

ADDYY  Court dismisses Rick Pitino’s lawsuit against Adidas  NY Post

WMT  Walmart is taking a page out of Target’s playbook and launching a fashion line with Ellen DeGeneres, and everything costs less than $30  Business Insider

WMT  Walmart teams up with Ellen DeGeneres to launch fashion line  Channel NewsAsia

WMT AMZN INDA  Flipkart outpaces Amazon in sales growth  “In the six months to 30 June, Flipkart sales jumped by roughly 50% as compared to Amazon India whose sales increased by 35-40%”  Livemint

AMZN  6-year-old orders herself $350 worth of toys on Amazon Prime  NY Post

BABA  Alibaba launches nine cloud products, paving way for new retail global expansion  TechNode

Opinion  Gluten-free diet increases risk of diabetes: research  Xinhua

Linger  AMZN  Trump-Amazon feud shadows critical Postal Service report  The Hill


BBY D AAPL HPEVMT  Global Notebook Shipments Grew by 10.2% QoQ in 2Q18; Apple Retreated to Sixth Place in Market Share Ranking  Trendforce

VZ  Apple TV 4K included in Verizon’s upcoming 5G service  9to5Mac

SSNLF CTXS  Citrix brings unified workspace app to Samsung DeX-enabled devices  ZDNet

Opinion  Kuo: AR glasses coming in 2020, Apple Car launch 3-5 years later  9to5Mac

Linger  Warren Buffett’s Berkshire Hathaway increases Apple position by 5 percent  AppleInsider

Energy Commodities

TSLA  Tesla wins contract for another massive battery system with Powerpacks  “The project is expected to cost “approximately $38 million” (~$27.5 million USD) and the Australian Renewable Energy Agency (ARENA) along with the SA Government are each committing $5 million in grant funding ($10 million in total).”  Electrek

UNG  Natural gas explosion collapses Denver building, people trapped  Reuters

China says U.S. solar tariffs violate trade rules, lodges WTO complaint  Reuters

BTU  Peabody Announces Agreement To Repurchase $300 Million In BTU Shares Directly From Entities Advised By Elliott Management  Press Release

Brazil’s Omega Geração diversifies into solar to cut risk  ReCharge News

Kibo to acquire 60% stake in UK energy company  Creamer’s

Tongwei, Aiko Solar to set up new plants  Digitimes

Germany kicks off new round of wind, PV auction without extra volume  ReCharge News

Infra fund set to put U.K. CHP assets up for sale  Sparkspread

Opinion  China can play the oil card if its trade rift with the US deepens  Business Insider

Fact  VWDRY  Vestas shares up 8% after results  Marketwatch

Linger  Beef on the hoof vs. Beef from the lab: Cattle, clean meat strategies on agendas  Food Safety News


Gold prices slip to 18-month low on sturdy dollar  Reuters

Gold prices slip to 18-month low on sturdy dollar  Reuters

FCX  LME copper hits over 1-year low as fears over Chile  Daily Mail

X  China’s Jiangsu province to consolidate steel mill locations in efficiency drive  Daily Mail

Wheaton Precious Metals Reports Higher 2Q Adjusted Profit  Kitco

TUR FCX  Metals poisoned by Turkey contagion as copper nears bear market  Mining Weekly


EWU  Rail fares inflation measure falls to 3.2%  Sky News

EWU  UK rail fares to rise by 3.2%  The Guardian

EWU  London house prices continue to fall  Daily Mail


China’s central bank buys net 10.8 bln yuan in FX in July  “China’s central bank lowers the daily currency midpoint by 0.23 per cent to 6.8856 yuan per dollar for the sixth straight day”  SCMP

Number of mainland Chinese migrants coming to Hong Kong drops, government data shows  South China Morning Post

EWT  US denies change to ‘One China’ policy after Taiwanese President Tsai Ing-wen’s speech in California  South China Morning Post

Foreign Investors Buy More Chinese Bonds  Caixin

China’s Liaoning culls more than 8,000 hogs after African swine fever outbreak  Channel NewsAsia

New firewall prevents Pentagon cooperation with Confucius Institutes on American campuses  South China Morning Post

Yuan outlook cloudy as currency falls to 20-month low amid Turkish lira concerns, trade war  Daily Mail

China accused of using Belt and Road for spying  Financial Times

Hong Kong defends currency peg for first time since May  Financial Times

ENZL FXI  New Zealand bars foreigners buying homes: Chinese blocked but Singaporeans are still allowed  South China Morning Post

China braces for 16th typhoon of the year  Xinhua

China Hushen 300 index futures open higher Wednesday  Xinhua

China treasury bond futures open higher Wednesday  Xinhua

China remains confident despite cooling economy and trade spat with US: analysts  “Data may be worrying, but govt will stick to reforms”  Global Times

Opinion  Annuity plan not enough to sustain Hongkongers after retirement: Allianz survey  South China Morning Post


EWJ  Japan’s Abe sends offering to controversial shrine on World War Two anniversary  Reuters

Eight people infected with anthrax disease in Inner Mongolia: report  Global Times

Private home sales soar 55% in July on panic buying  Singapore  Reuters

INDA WMT  Modi says ‘sleeping elephant’ India has woken up  Channel NewsAsia

EPHE  Philippine leader says China wrong to police airspace over disputed sea  Channel NewsAsia

EIDO  Indonesia suffers double-digit decline in foreign investment  Nikkei

EWJ  Nikkei drops; gaming sector hit by China halting approvals  Daily Mail

INDA  July sees 11 PE exits worth $376 million: EY  Economic Times of India

EWY  S Korea economic plan with North risks US ire  Financial Times

EWT  Taiwan shares close down 0.99%  Focus Taiwan

INDA  More than Rs 3,000 crore lost in Kerala floods in last 24 hours  Livemint

INDA  Narendra Modi says taxpayer base has shot up, money feeding poor  “In his speech on India’s 72nd Independence Day, Prime Minister Narendra Modi reiterated his government’s commitment to tackle black money and corruption”  Livemint

INDA WMT  Narendra Modi says India will be engine of world growth for three decades  Livemint

THD  Thailand scraps new economic zones and plans regional linkups  Nikkei

TUR EIDO  Turkey crisis pushes Indonesia to raise rates again  “Fourth hike in five meetings prompted by carnage in emerging market assets”  Nikkei

Opinion  EWJ  Why investors are bullish on Japan’s venture growth  Tech in Asia

Politics  EWJ  Japan emperor expresses ‘deep remorse’ over war; PM sends offering to Yasukuni  Channel NewsAsia

Futurelook  Putin ready to meet North Korea’s Kim at ‘early date’: KCNA  Channel NewsAsia


ENZL  New Zealand teachers strike for first time in 20 years, challenge government’s fiscal plan  Reuters

EWZ  Brazil’s state-run utility Eletrobras 2nd-qtr profit soars  Reuters

CUBA  Cubans cheer as internet goes nationwide for a day  Reuters

EWA FXI  Foreign buyers tax may be blocked in WA  Daily Mail

EWW  US, Mexico to announce new plans on cartels  Daily Mail

EWW  Mexico violence: Newly elected Congresswoman kidnapped  BBC World News

EWZ  There Is a Right-Wing Coup Underway in Brazil, but Justice will prevail  MercoPress

ARGT  Argentine Peso stabilizes, country risk falls and stock market rebounds  MercoPress

Opinion  ICOL  Colombia and corruption: the problem of extreme legalism  Financial Times

Linger  Venezuela arrests two high-ranking military officers in relation to an attack on president Maduro  MercoPress

Russia Ukraine

DRR’s southern areas under intense mortar shelling by Ukrainian troops — agency  TASS

State Department Official Suspects Russia May Have  An Unknown Space Weapon  Jalopnik

Russian-backed separatists are using terrifying text messages to shock adversaries — and it’s changing the face of warfare  Business Insider

Trump adviser Bolton and Russian officials to meet next week, Kremlin says  Jerusalem Post

EWW  Mexico interested in developing security cooperation with Moscow — Russian ambassador  TASS

UN Rights Panel Rules Against Russian Gay Propaganda Law  Moscow Times

Middle East

Russia exerts growing clout in Middle East as it begins patrols in Golan Heights  The Telegraph

KSA TSLA  Saudi Arabia Gears for a Future Without Oil  Al Bawaba

Car Sales Fall in Lebanon Due to Economic Slowdown  Al Bawaba

Israel reopens its only goods crossing with Gaza  Daily Mail

EIS  How much is Israel worth? $4.3 trillion, says expert valuation  Haaretz

TUR  Turkish court rejects U.S. pastor’s appeal, upper court yet to rule: lawyer  Reuters

TUR  Erdogan spokesman says Turkey will continue talks if U.S. is constructive  Jerusalem Post


African countries still lag in global innovation ranking, but there is good news  Quartz

Nigeria is trying to spend its way out of extreme poverty by cash handouts  Quartz

Isis Terror

6 years after capture, US believes journalist Tice still alive in Syria  Times of Israel

Hezbollah chief says Iran sanctions won’t affect backing for terror group  Times of Israel

Senior Israeli minister admits to emerging Israel-Hamas deal, says his party will vote against it  Haaretz

Climate Change

Brace yourself for five years of exceptionally hot weather, as natural fluctuation doubles man-made warming: study  South China Morning Post

Draft details Trump’s plan for reversing Obama climate rule  Politico

China’s Hebei province vows 15 per cent cut in smog by 2020  Channel NewsAsia

Remote China glacial lake bursts, no casualties  Reuters

NHC says 80 percent chance of cyclone south of Cape Race, Newfoundland  Reuters

Medical Marijuana

Epileptic 5-Year-Old Granted Permission to Bring Cannabis Oil to School  High Times

Hawaii health department approves first Big Island medical marijuana production center  Business Journals


Metal tariffs are pushing up US consumer prices  Business Insider

Opinion  US growth under Trump slowest since World War II  Global Times


Bernie Sanders won the Democratic nomination in Vermont’s Senate primary, but he turned it down, fueling speculation he may run for president in 2020  Business Insider

Chan, FCC may have committed criminal offenses: legal experts  China Daily

Sanders cites inaccurate numbers to claim Trump has created more jobs for African-Americans than Obama  The Hill

Kansas Governor Colyer concedes Republican nomination to Kobach  Reuters

Trump Hires Harder, Hulk Hogan’s Gawker-Toppling Lawyer in Dispute Against Omarosa  Fortune

Tony Evers wins Wisconsin Democratic primary to challenge Scott Walker  WSJ

Linger  Omarosa: DeVos said black students don’t have ‘capacity to understand’ her goals  The Hill


BAYRY  Monsanto Roundup appeal has uphill climb on ‘junk science’ grounds: legal experts  Reuters

Economists warn on power of US corporate megastars  “The rising grip of a small group of large companies comes under scrutiny”  Financial Times

INTC AMD  Intel’s ‘Foreshadow’ flaws are the latest sign of the chipocalypse  MIT Technology News

Rich people are more likely to cheat, steal and ignore those in need  Daily Mail

NLSN  Nielsen Should Get a Break From the Market  “TV ratings firm has struggled as a public company but a breakup won’t solve its problems”  WSJ

SMH  Size of semiconductor acquisitions may have hit limit  IC Insights


TRNC  Tribune executives will get bonuses after Sinclair deal collapses  Reuters

TSLA  Elon Musk’s Tesla Tweets Could Spark a Fight With the SEC  Wired

Priests Produced Child Pornography on Church Property, Pennsylvania Grand Jury Report States  Fortune


INDA  India to launch first manned space mission by 2022  Channel NewsAsia

How EVs will transform our grids, or the death of the combustion engine  Pv magazine

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