Early Global News: Sunday February 10th, 2019

Early Global News

Sunday February 10th, 2019

Macro

No more congressional talks scheduled to avert shutdown: source  Reuters

Companies

APO  Apollo nears $3 billion deal to buy Cox TV stations – sources  Reuters

BZQIY  Searchlight Capital offers up to $133 million for control in Bezeq Tel  Reuters

PTNR  Partner takes first steps in financial services  “The telecommunications company has invited offers from credit card companies to back a customers club offering financial products.”  Globes

CAKE.L SPD (LON)  Sports Direct’s Mike Ashley cancels Patisserie Valerie bid  BBC World News

ELUXY  Electrolux told local leaders about a new product line. Instead, they closed the plant. Here’s what happened.  Business Journals

DELL  Dell recalls hybrid laptop power adapters over shock risks  Engadget

DB  Deutsche Bank’s funding woes deepen  Financial Times

GOOGL  Google Maps AR Is Being Tested by Some Users—But the Rest of Us Will Have to Wait  Gizmodo

INCZY  Australia’s Incitec flags losses as Queensland flooding hits rail route  Reuters

Linger  GE SIEGY  GE and Siemens energy deals with Iraq falter  Financial Times

Stake Changes

ALLT  George Soros cuts Allot stake to 4%  Globes

CXW GEO  PE firms pushed to offload prison company investments  Financial Times

Earnings Finance

UBS  UBS overhauls pay policy for 10,000 employees  Reuters

TOSYY  Toshiba to halve profit outlook as energy business costs mount  Nikkeki

Pharmaceuticals Healthcare

TEVA  FIMI buys Teva plant in Kiryat Shmona  Globes

FAMDF PFE  British firm is developing Viagra rival that takes effect in just five MINUTES  Daily Mail

REGN  One-Year Results from Positive Phase 3 EYLEA Trial in Diabetic Retinopathy Presented at Angiogenesis Symposium  “Trial showed that early intervention with EYLEA improved diabetic retinopathy severity and prevented serious vision-threatening complications”  Press Release

Entertainment Games

ROMA  Netflix’ ‘Roma’ wins Best Film at BAFTA awards  Reuters

T  ‘Lego Movie 2’ falls short with $34 million debut  Reuters

HKG: 1970 SSE: 600977  ‘Wandering Earth’ Sci-fi Film Earns $300 Million Chinese New Year Victory  Variety

NFLX  The responses to this survey show just how hopelessly addicted we are to Netflix  Boy Genius Report

LG Uplus seeks to acquire Korea’s biggest cable TV operator  Korean Herald

MGM-owned Epix is jumps into the streaming service arena with EpixNow  The Verge

Social Media

MTCH  Grindr and Tinder ‘must not risk children’s safety’  BBC World News

SNAP FB  ‘Whatsapp seems too formal for texting when we have Snapchat’ – A 16-year-old explains why Snapchat is king  Irish Independent

IAC  Users complain of account hacks, but OkCupid denies a data breach  TechCrunch

FaceBook

Facebook Goes Global in Courting Creators, Including YouTubers  Variety

Facebook sucks for privacy, but how good are advertisers at targeting me?  The Next Web

Travel Hotel

Paris seeks $14 million from Airbnb for illegal adverts  Reuters

CTRP TOUR  Travel in China grows over Lunar New Year holiday: Xinhua  Reuters

MAR H HLT  Hotels: Occupancy Rate Increased Slightly Year-over-year  Calculated Risk

BA  Boeing and Regulators Delay Jetliner Fixes Prompted by Lion Air Crash  “Software update, initially expected in January, now likely pushed until April or later”  WSJ

Auto

55 autonomous SUVs set a new world record  Autoblog

TSLA”  To All German Automakers: Believe Me, You Are Still Sleeping!  “Today, while I write this sentence, the Model 3 from Tesla, an affordable fully electric vehicle that works in the ordinary life of a human, was delivered in the thousands to waiting customers in Europe. I am not talking about just a few hundred per country or a few thousand, but a bigger picture — future annual deliveries in the hundreds of thousands in Europe alone.”  Clean Technica

TSLA POAHY VLKAY  Tesla Model 3 cost surprised Porsche and Audi after reverse-engineering  Electrek

TSLA  Tesla Model 3 = #1 Best Selling Electric Car in World, 7% of Global EV Market in 2018  Clean Technica

TSLA  Tesla releases new software update with blind spot warning and auto-folding mirrors  Electrek

GM RNLSY  SsangYong Motor rises at expense of GM Korea, Renault Samsung  Korea Times

EWY  South Korea’s automobile production slips 2.1 percent  Korean Herald

TSLA  Tesla is up to speed on Model 3 production, but now servicing them is priority  Marketwatch

TSLA  Tesla ramps up Model 3 deliveries in Europe, Elon Musk is there to supervise  Electrek

Opinion  TSLA  Where In The World Is Jim Chanos? #Tesla #Pravduh #King  Clean Technica

Retail

SSNLF  Samsung predicts it will own over half of 8K TV market share in 2019  ZDNet

CVS  CVS employee stole $2.5 million worth of diabetic test strips, feds say  USA Today

JD (BABA PDD)  JD.com reports robust Spring Festival holiday sales  “Sales from Feb. 3 to Feb. 8 rose 42.7 percent year on year, the company revealed in a report.”  Ecns.cn

DLTR DG  Dollar store customers unconvinced by pricing plan  “Starboard Value’s Jeff Smith argues the US discount variety chain should stop insisting on pricing every item — from spatulas to sunglasses — at only $1. “They’d lose a lot of business,” reckons Vicky Lewis, 37, laden with bags in a Dollar Tree car park. The nurse returned to the Nashville area recently from a lengthy stint in California and was surprised at the cost of living.”  Financial Times

Apple

An Apple store salesman questioned my intelligence, says customer  ZDNet

iPhone SE 2 featuring notch and full glass rear demonstrated in latest concept video  9to5Mac

T  AT&T offering FREE Apple TV 4K when you sign-up for its Fiber Internet service  9to5Mac

Apple being sued because two-factor authentication on an iPhone or Mac takes too much time  AppleInsider

Huawei Would Accept EU Supervision To Lay 5G Network  (default)

Energy Commodities

Trade war opens commodity floodgates  “Tariffs and China slowdown combine to shrink demand”  Nikkei

Final investment decision for Mozambique gas block seen by March-April  Reuters

USO  Yemen aims to export about 75,000 bpd oil in 2019-Minister  Reuters

Opinion  CLF  Cleveland-Cliffs stock benefits from Vale troubles -Barron’s  Reuters

Europe

EWP  Madrid demonstrators reject government’s Catalonia policy  Reuters

EWG  Germany’s SPD restores working-class appeal before regional votes  Reuters

Orban offers financial incentives to boost Hungary’s birth rate  Reuters

EWL  Swiss voters reject plan to curb urban sprawl  Reuters

EWU  North West and Yorkshire & Humber lead UK growth in January  “• London sees renewed contraction in business activity amid downturn in new work”  IHS Markit

China

LSE: RB  China’s Demographic Danger Grows as Births Fall Far Below Forecast  Wall Street Journal

China’s military drones ‘could lead to accidental war’  Daily Mail

(BABA)  China regulates financial information services  Ecns.cn

China, U.S. to hold high-level economic, trade consultation in Beijing from Feb. 14 to 15  Ecns.cn

China’s Lunar New Year sales lose steam as economy slumps  “Falling asset prices and layoffs crimp spending in major shopping season”  Nikkei

China hits back at European Union’s claim it has 250 spies working in Brussels  SCMP

Asia

INDA  Indian cotton fabric, yarn exports fall due to high duties: Study  Economic Times of India

EWJ  Japan Inc hit by China slowdown and trade disputes  Financial Times

EWY  Brokerage firms suffer negative earnings surprise in Q4  Korean Herald

INDA  Tariffs and China slowdown combine to shrink demand  “Thousands of new voters protest, demanding jobs and better education”  Nikkei

EPHE  Election risks reigniting Philippines inflation  “Failure to fix economic bottlenecks leaves country vulnerable to price pressure”  Nikkei

INDA  Anti-India protests erupt in Kashmir after 3 rebels killed  Washington Post

International

Venezuela’s Guaido warns military on blocked aid  AFP

EWA  Australian conservatives headed for big election defeat: Newspoll  Reuters

How Venezuela turns its useless bank notes into gold  Reuters

US Wants Security Council to Recognize Disputed Venezuela President  Al Bawaba

ENZL  Air New Zealand flight to China forced to turn back for not having permission to land  Channel NewsAsia

EWZ  Brazil’s economy minister outlines free-market reforms  Financial Times

RU  Venezuela’s PDVSA shifts oil ventures’ accounts to Russia’s Gazprombank — media  TASS

Middle East

Iran awaits Lebanese ‘desire’ to accept its military aid: foreign minister  Reuters

KSA  Saudi Arabia says has ‘nothing to do’ with Bezos-AMI dispute  Reuters

Israel agrees to reopen economic agreements with Palestinians  (default)

KSA  Saudi Allocates $3.1 Billion to Support Private Firms With Expats Fees  Al Bawaba

KSA  500 Companies Established in Saudi Arabia to Boost Entertainment Sector  Al Bawaba

KSA  Properties in Dubai, Supply to Outpace Demand in 2019  Al Bawaba

KSA  Wealthy Saudis trying to move 9-figure sums out of the country are being intimidated by the government  Business Insider

IMF chief says ready to support Pakistan after meeting PM Khan  AFP

Iran quakes with 5.3 magnitude earthquake  Jerusalem Post

Africa

Eeat Libyan force stops plane in campaign for south  Reuters

Sudanese security forces use tear gas to break up women’s protest  Reuters

Zimbabwe teachers’ unions suspend national strike  Reuters

Algeria’s President Bouteflika to seek fifth term: state news agency  Reuters

Isis Terror

Egypt prevented a clash between Israel, Hamas on Sunday – Report  Jerusalem Post

ISIS reduced to only ‘500 fighters hiding in just five square miles’  The Mirror

US-backed Kurdish fighters begin offensive into last Syrian territory held by ISIS  CNN

Medical Marijuana

Epileptic boy, 13, gets his first legal dose of medical cannabis in the UK  Daily Mail

The cannabis cash crisis: Where to put the money?  The Mercury News

Politics

DB  Democrat Schiff questions if Mueller probing Trump-Deutsche Bank link  Reuters

Senator Klobuchar joins Democratic presidential field  Reuters

Talks collapse on border deal as U.S. government shutdown looms  Reuters

Congressional talks to avert shutdown stall over detention policies  Reuters

AOBC RGR  Armed with new power, Democrats push for stricter gun laws  Reuters

Schumer announces fentanyl sanctions bill before China talks  Boston

House Intelligence chairman voices concern that Mueller’s scrutiny of Trump’s finances isn’t adequate  Washington Post

Chief Justice John Roberts emerges as U.S. Supreme Court’s swing vote  Japan Times

Advisers float Mar-a-lago summit as Trump plots next moves with Xi  Axios

Opinion

Climate change seen as top threat, but U.S. power a growing worry: poll  Reuters

Lack of sleep could damage DNA and affect gene repair, possibly raising cancer risk, University of Hong Kong study finds  South China Morning Post

SNAP SPOT TWTR  This week, we’re chatting about the latest financial results at Twitter and Snapchat, Spotify’s purchase of podcast properties, and a food (delivery) fight.  podcast  eMarketer

Global economic storm is coming, warns IMF  “Last month, IMF lowered its global economic growth forecast for this year from 3.7 to 3.5 per cent.”  Economic Times of India

Futurelook

On rooftops and in tunnels, city farms lead food revolution  The Guardian

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