Early Global News: Friday March 15th, 2019

Early Global News

Friday March 15th, 2019

Macro

Equity funds see biggest weekly inflows in a year  Reuters

U.S. investment-grade corporate bond funds enjoy 7th week of inflows -Lipper  Reuters

49 killed in terrorist attack at mosques in Christchurch, New Zealand  Washington Post

Friday: Industrial Production, Job Openings, NY Fed Mfg Survey  Calculated Risk

Companies

UBS  UBS sets aside 450 million euros for French tax case  Reuters

207940.KS  S.Korean prosecutors raid exchange in Samsung BioLogics probe – bourse official  Reuters

RCII  Rent-A-Center not bound by merger deal with Vintage Capital -judge  Reuters

INTC  Intel to start engineering projects for 5G modem chips in 2Q19, say sources  Digitimes

GOOGL  Margrethe Vestager to hit Google with another antitrust fine  Financial Times

ASUYY QCOM  Qualcomm, USI and Asustek team up in Brazil  Digitimes

SSNLF  Samsung launches 12GB LPDDR4X mobile RAM  Digitimes

Futurelook  Z  The next frontier in real estate technology  TechCrunch

Linger  GIS  FDA posts Pillsbury flour recall after Hometown Food Co. delay  Food Safety News

Stake Changes

SAN  Santander Brasil acquires remaining 40 pct stake in payroll loan business  Reuters

MDCA  Stagwell Group Reportedly Agrees to $100 Million Investment in MDC Partners  Adweek

Blank check B. Riley Principal Merger files for a $125 million IPO  SEC Filing

Earnings Finance

NWL  Newell Brands CEO Polk to retire  Reuters

ORCL  Oracle’s forecast miss overshadows cloud growth, shares fall  Reuters

PZZA  Papa John’s adds two independent directors to board  Reuters

Bird Lays Off Dozens of Employees  The Information

BIDU  Baidu president the first to retire in bid to reinvent  TechNode

Pharmaceuticals Healthcare

YourChoice Therapeutics is developing unisex, non-hormonal birth control  TechCrunch

ADMP  Adamis Pharma stock jumps after FDA agrees to review injectable opioid-overdose treatment  Marketwatch

Entertainment Games

HEAR  Turtle Beach is buying fellowing gaming accessory maker Roccat  TechCrunch

Steam now lets you stream and play your games on a phone or desktop anywhere  The Next Web

SNE  Sony/ATV Chief Slams Streaming Services’ ‘Incredibly Disappointing’ Copyright Appeal  Variety

NFLX  Netflix Doubles Down On Mandarin-Language Content With Taiwanese Horror Drama ‘Green Door’  Deadline

Military Surveillance

LMT  Lockheed Martin Corp wins $507 million defense contract: Pentagon  Reuters

Pentagon: US starts work on missiles prohibited by INF Treaty  TASS

RTN  Raytheon Gets $403M Contract Modification to Produce Navy Air, Missile Defense Radars  GovConWire

Blockchain Bitcoin

Japan court hands Mt. Gox founder 2-1/2 years suspended sentence: Kyodo  Reuters

MIT Bitcoin: Legislators Discuss Regulation, Potential of Blockchain Tech  Bitcoin Magazine

Drones Robots

Olympics: Tokyo 2020 unveils robots to help wheelchair users, workers  Reuters

More Than $21 Billion Invested in AI and Robotics in Dubai  Al Bawaba

Nuro’s awesome robot delivery pods are tootling into Texas  Digital Trends

Casinos Gambling

Macau govt ducks queries on 2022 as casino tender date  GGRasia

MGM fee to SJM for permit extension, both face higher costs  GGRasia

Paradise City Macau office to tap Chinese clients: firm  GGRasia

Building workers say press ganged, sue Saipan casino  GGRasia

Pagcor duty to fight local law imposed on Quezon City casino  GGRasia

SJM, MGM concessions extended to June 2022: Macau govt  GGRasia

LVS  Suen and LVS settle 15 yr battle over Macau licence  GGRasia

GPI owners nod merger into Japan’s Angel Holdings  GGRasia

Hong Kong owner of Pacific island casino sued over forced labor, trafficking claims  Reuters

Social Media

TCEHY BABA QQ  WeChat, Alipay, QQ top-ranking apps in February  TechNode

GPRO FB  New Zealand shooting: Gunman uses GoPro to live stream terror attack on Facebook  The Mirror

TWTR  Twitter Wants Its Work Force to Be 53% Women, 5% Each Black and Latinx by Year-End  Adweek

Tumblr traffic tanks after users flee following porn ban  NY Post

FaceBook

Facebook product chief Cox to exit as focus shifts to messaging  Reuters

Love-struck 65-year-old cashier in Hong Kong scammed out of HK$1 million by ‘American businessman’ she met on Facebook  South China Morning Post

Facebook’s updated mobile app now has a dedicated gaming section  TechRadar

Facebook’s chief product officer and head of WhatsApp to leave  Financial Times

Facebook’s News Feed era is now officially over  The Verge

Travel Hotel

French investigators start black box data review from Ethiopia crash  Reuters

Passengers rage over disruptions at India’s embattled Jet Airways  Reuters

BA  Malaysia Airlines currently reviewing order for 25 Boeing 737 MAX aircraft  Reuters

Linger  Airlines wrestle with calls, cancellations after Boeing MAX fleet grounded  Reuters

Opinion  BA  Boeing 737 Max Planes Could Take Six Months to Fix, Cost More Than $500 Million, Analysts Say  Fortune

Auto

Jeep, Jaguar winners as European sales fall 1% in February  Automotive News

Germany’s Varta applies for battery cell production subsidies  Reuters

VLKAY  SEC sues Volkswagen, Winterkorn, citing ‘Dieselgate’ fraud on investors  Reuters

TSLA  Tesla unveils Model Y as electric vehicle race heats up, price starts at $39,000  Reuters

Imports of Chinese auto parts set to rise as government pushes for electric cars  Economic Times of India

Opinion  TSLA  Why Tesla desperately needs the new Model Y, in 3 charts  re/code

Retail

A new rash of highly covert card-skimming malware infects ecommerce sites  Ars Technica

YUM  KFC chicken shortage could be back after fast food restaurant chain’s main supplier DHL quits  Daily Mail

HPE  HP recalls 25,000 MORE laptop batteries two months after first revealing flaws that could cause fire  Daily Mail

M  Macy’s to lay off dozens of IT employees in New York  NY Post

Apple

German 5G auction to go ahead after court throws out challenges  Channel NewsAsia

Huawei CFO wanted to quit job just before arrest, says founder  Reuters

QCOM  U.S. judge rules Qualcomm owes Apple nearly $1 billion rebate payment  Reuters

Apple touts data privacy in TV ad campaign  Reuters

Facebook just lost two key execs: Why the impact could be huge  Slashgear

Google’s foldable patent hints at a compact clamshell phone  The Next Web

Cooling module maker gearing up for 5G handset market boom  Digitimes

BlackBerry Establishes New Subsidiary to Deepen Ties with U.S. Government  Inside BlackBerry

Apple Invents a Specialized Surface for their Future AirPower Mat to Keep Devices in Place while Charging  Patently Apple

Opinion  Chinese iPhone demand ‘recovering’ as supply chain stabilizes, analyst says  AppleInsider

Linger  SPOT  Apple says Spotify wants benefits of a free app without being free  Reuters

Energy Commodities

TYO: 9507 URA  Japan court rejects bid to shut Shikoku Electric nuclear reactor: Kyodo  Reuters

India LNG demand journey to be shaky, slow due to infrastructure limits  Reuters

U.S. acts to keep Citgo operating in face of Venezuela sanctions  Reuters

IEA warns of supply risk due to Venezuela crisis  Financial Times

Metals

Zinc sheds gains, spreads surge after China flags April tax cut  Reuters

Gold rises on softer dollar, global uncertainties  Reuters

South African court blocks mine union AMCU plans for industry-wide strike  Creamer’s

SQM  SQM receives Chile’s approval for lithium plant expansion  Reuters

Gold, Silver, Platinum To Follow Palladium’s Rally — Bloomberg Intelligence  Kitco

Silver Has Better Fundamentals Than Gold — Mining CEO  Kitco

Linger  Advantage Lithium replaces CEO in wake of college admissions scandal  Reuters

Europe

UK wants orderly Brexit but default is to exit on March 29: Lidington  Reuters

Brexit supporters reject UK attorney general’s additional legal opinion: The Telegraph  Reuters

General government expenditure in the EU in 2017 General government expenditure in the EU in 2017 – Highest proportion of government expenditure goes to social protection and health  European Commission

February 2019 – Annual inflation up to 1.5% in the euro area – Up to 1.6% in the EU  European Commission

China

China’s premier says can use rates, other policy steps to support economy  Reuters

Linger  Activists in Hong Kong and Taiwan feel heat as China fears ‘separatist’ collusion  Reuters

China to lower funding costs for small and micro firms by 1 percent point this year: premier  Reuters

China will cut value-added tax for manufacturers on Apr 1 – premier  CNBC

China approves new foreign investment law designed to level domestic playing field for overseas investors  “Attempt by Beijing to address key issues raised by US President Donald Trump as part of the US-China trade war including forced technology transfer and market access”  South China Morning Post

China, U.S. make further substantive progress on trade talks: Xinhua  Reuters

U.S. mulling measures against those behind abuses in China’s Xinjiang  Reuters

Linger  China says will fulfil promise to open up economy  Reuters

Linger  EWT  Premier Li says China opposes Taiwan independence  Reuters

North Korea

North Korea may suspend nuclear talks with ‘gangster-like’ U.S.: diplomat  Reuters

China says Korea peninsula problems cannot be resolved in one stroke  Reuters

Furious North Korean official says Trump threw away golden opportunity for peace  Daily Mail

Asia

EIDO  Indonesian police arrest Islamist ally of president for suspected graft  Reuters

EWJ  Nikkei rises as chip-related stocks, exporters lead gains  Reuters

INDA  Economists condemn ‘politicisation’ of Modi government data  Financial Times

EWT  Taiwan shares close up 0.88%  Focus Taiwan

EWJ  BOJ’s Kuroda: Global slowdown affecting Japan’s exports, production  Forex Live

EWY  S. Korea’s export prices showed upturn in February  Korean Herald

INDA  Sensex extends winning streak, jumps sharply  Economic Times of India

Opinion  EWJ  Bank of Japan downgrades views on exports and output amid China slowdown  Japan Times

International

EWA  One Christchurch shooting suspect is Australian: Australian PM  Reuters

Earthquake of magnitude 6.5 strikes in southeast Bolivia: USGS  Reuters

EWW  Mexico’s lower house passes measure to cut short presidential term  Reuters

EWW  Mexico’s Congress OKs new national guard championed by Lopez Obrador  Reuters

ARGT  Argentine inflation in February, 3.8% and 51% in twelve months; central bank new measures  MercoPress

EWW  Five of top six most violent cities in the world are in Mexico, report says  South China Morning Post

EWZ  U.S. to upgrade military ties with Brazil during visit next week -sources  Reuters

EMERGING MARKETS-Latam shares fall, Argentina peso firms on dollar sales plan  Reuters

V MA  U.S. considers sanctions to restrict Visa, Mastercard in Venezuela: official  Reuters

EWZ  U.S. to designate Brazil a major non-NATO ally: sources  Reuters

Linger  EWZ  Brazil Supreme Court decision seen as ‘blow’ to Car Wash probe  Reuters

Linger  In Venezuela, not even the dollar is immune to effects of hyperinflation  Reuters

Russia Ukraine

Sanctions-hit Evrofinance’s forex operations to be restricted – Moex  Reuters

Russia’s extra budget revenues since launch of OPEC+ deal total $107 bln, says RDIF CEO  TASS

European Lawmakers Pass Resolution Backing EU’s Own Magnitsky Act  Moscow Times

Russian Spacecraft Arrives at International Space Station After Successful Launch  Moscow Times

Middle East

Islamic world reacts with disgust at New Zealand mosque attacks  Reuters

IDF: About 100 targets attacked in Gaza in response to missile attack against Tel Aviv  TASS

Iran pumps up “massive” offensive exercise with over 50 drones, maybe  Ars Technica

EIS  Four rockets fired at dawn into the Negev, three intercepted  school hit  Jerusalem Post

Ambassador Danon: terrorists will encounter ‘uncompromising force’  Israel  Jerusalem Post

Isis Terror

Israel launches Gaza strikes after rockets fired at Tel Aviv  Reuters

Russia restarts bombing campaign over rebel-held Syrian city of Idlib  The Telegraph

Gaza sources: 30 Hamas, Islamic Jihad targets attacked by the IDF  Jerusalem Post

Climate Change

Proposal For United Nations To Study Climate-Cooling Technologies Rejected  Slashdot

Global student protests demanding climate action underway  South China Morning Post

Cyclone Idai batters Mozambique coastal city, several injured  Reuters

‘Bomb cyclone’ pushes east across the U.S., flood risks remain  Reuters

Medical Marijuana

From casinos to cannabis: the Native Americans embracing the pot revolution  The Guardian

TLRY  Tilray earnings: Time to prove it can actually sell some pot  Marketwatch

Politics

Linger  Cindy Yang, Republican operative linked to Florida ‘sex spa’ scandal, opposed crackdown on foreign money at Donald Trump fundraisers, says ex-boss  South China Morning Post

NY attorney general: Evidence shows Trump misused charity for presidential campaign  The Hill

Lindsey Graham Just Made It Less Likely the Public Will See the Mueller Report  New York Magazine

House Dems mount campaign to stem defections on GOP ‘gotcha’ votes  Politico

Fact

One of Wall Street’s top investors in Silicon Valley is leaving  “Lee Fixel epitomized how attractive private tech investing has become to New York finance.”  re/code

Lee Fixel is leaving Tiger Global  TechCrunch

Study: One in three teens screens positive in emergency rooms for suicide risk  USA Today

Astronomers discover 83 supermassive black holes at the edge of the universe  Cnet

Opinion

China’s US$59 billion internet and technology bubble will trap many private-equity investors when it bursts, Bain says  South China Morning Post

Few Americans see savings from Trump’s tax reform: Reuters/Ipsos poll  Reuters

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