Early Global News: Tuesday March 12th, 2019

Early Global News

Tuesday March 12th, 2019

Macro

‘IRA’ claims responsibility for bombs found in London and Scotland  “Four bombs found in London and Scotland last week were sent by the “IRA” – with fears a fifth bomb is yet to be discovered.”  The Sun

Pakistan air force, army on high alert; lines border with F-16 fighters, troops  Hindustan Times

Tuesday: CPI  Calculated Risk

Companies

Recommended public cash offer by Saxo Bank for all issued and outstanding shares of BinckBank  Press Release

GOOGL  Google Agreed to Pay Execs Accused of Sexual Harassment $135 Million  Gizmodo

FFIV  F5 acquires NGINX for $670M to move into open-source, multi-cloud services  TechCrunch

BRK.A  Berkshire Hathaway-owned insurance firm under investigation  NY Post

BIIB  Fujifilm to buy Biogen Danish subsidiary for about $890 mln  Reuters

RFIL  RF Industries Agrees to Acquire Connectivity Solutions Manufacturer C Enterprises  Press Release

NWSA  News Corp set to bid for Mergermarket owner  Financial Times

SIEGY  Siemens files most European patents in 2018, surpassing Huawei  Reuters

INDA CTSH WIT INFY  India’s engineers struggle for work as jobs crisis worsens  Channel NewsAsia

GDDY  GoDaddy becomes official sponsor of ICC World Cup 2019  Livemint

XPO  XPO Logistics fires COO, says it anticipates less M&A activity  Marketwatch

Linger  MU  DRAM contract prices continue downward trend  “Nevertheless, falls in the contract prices are expected to slow in the second quarter, said the sources. It is likely the prices will return to the levels two years ago, the sources continued.”  Digitimes

Linger  FXCNY MSFT  Foxconn rejects Microsoft patent lawsuit, says never had to pay royalties  Reuters

Monday’s story  AMZN  Report: Amazon Warehouses Called 911 for Mental Health Crises At Least 189 Times in Five Years  Gizmodo

Stake Changes

Briefing: Xiaomi-backed trading firm Tiger Brokers to raise $91 million in US IPO  TechNode

BMY CELG  Third Point holds Celgene stock, in bet Bristol-Myers deal will close -source  Reuters

BX  Spain’s Enagas to partner with Blackstone, GIC for stake in TGE  Reuters

BABA  Alibaba’s EWTP Fund Backs Chinese O2O Cross-Border Marketplace KK Guan  China Money Network

Chinese Clinical Stage Biotech Firm InventisBio Closes $70M Series C Round  China Money Network

Brazil power company Neoenergia to seek banks to relaunch IPO  SEC Filing

STMP  Stamps.com Announces Share Repurchase Plan  Press Release

Earnings Finance

GOOGL  Google Cloud hires another Oracle veteran for top role  Reuters

Largan launches recruitment campaign  Digitimes

INTC SSNLF  Intel surpasses Samsung in semiconductor sales revenue, IHS says  Digitimes

CPT to cut 70% of jobs  Digitimes

Everlight, Epistar see decreased February revenues  Digitimes

Opinion  TSM  TSMC likely to post first annual profit drop in 8 years  Digitimes

Pharmaceuticals Healthcare

Surge in STDs as 8,000 new cases of chlamydia diagnosed  Ireland  Irish Independent

CRSP  Hospitals are saving lives with CAR-T. Getting paid is another story  Stat

UNH  UnitedHealth gives drug discounts directly to consumers in move beyond Trump crackdown  “UnitedHealth says all of its new employer-sponsored plans in 2020 will pass discounts paid to so-called pharmacy benefits managers to consumers at the pharmacy counter.”  CNBC

PFE RHHBY  UPDATE 1-FDA approves Pfizer’s biosimilar to Roche’s Herceptin  Reuters

JNJ  Lawsuit says Johnson & Johnson was opioid “kingpin”  Axios

Fact  PFE  Pfizer pays $975,000 to settle charges over misleading copay coupons  Stat

Futurelook  Seniors who eat more mushrooms may have lower risk of cognitive decline: NUS study  Channel NewsAsia

Entertainment Games

DIS  Four groups vying to buy Disney’s 21 remaining regional sports channels  NY Post

SMIVY  K-Pop Stocks Can Still Hit the High Notes  “If Korean pop music can gain a fraction of its Asian popularity in the West, the companies producing it will be major beneficiaries”  WSJ

Competition in gaming monitor panel sector heating up  Digitimes

Military Surveillance

Dell Wins $231M Navy BPA for VMware Software Licenses, Maintenance Support  GovConWire

JEC  Jacobs to Provide Instructors Under $785M Army Contract  GovConWire

F-35 fighter jet plan ‘not aimed at China’  Global Times

Blockchain Bitcoin

Thinking of buying bitcoin? First take a lesson from these sad investors  Quartz

Proposed Texas Bill Would Require ID Verification for Crypto Use  Bitcoin Magazine

Alibaba Group and ABBC Foundation reach worldwide settlement for Alibabacoin trademark  Blockchain Magazine

Casinos Gambling

Plan to allow horse racing and gambling in Hainan stalls yet again  South China Morning Post

Macau March GGR likely flat to 5pct up y-on-y: analysts  GGRasia

Macau’s assembly to debate city tourist capacity  GGRasia

Century Casinos 2018 Vietnam loss capped at US$3.6mln  GGRasia

Casablanca Casino ops return imminent: Frontier Capital  GGRasia

Social Media

The UK’s Extremely Dumb Plan to Force Porn Sites to Verify Users’ Ages May Come Next Month  Gizmodo

New privacy bill would give parents an ‘Eraser Button’ and ban ads targeting children  The Verge

Another reason to fear Facebook: Trump admin considers using social media to deny you benefits  Mashable

TWTR FB  Unlike Facebook, Twitter is a ghost town for political ads in India so far  Quartz

GOOGL NWSA  News Corp’s Australian arm calls for Google breakup  Reuters

GOP funds messaging sites that look remarkably like trusted local news  Ars Technica

TWTR  Teenager arrested for Twitter scams on BTS merchandise and beauty products  Channel NewsAsia

SNAP  ‘Biggest transformation to Snapchat is scalable ROI’: Snap’s global head of creative strategy Jeff Miller  Digiday

MSFT (GOOGL)  WPP appoints Microsoft UK CEO to board  Reuters

Linger  TCEHY BABA BIDU WB SINA  China may use facial recognition to stop kids from livestreaming  Tech in Asia

FaceBook

Why Facebook Removed Elizabeth Warren’s Ads For Breaking Up Facebook  Gizmodo

Facebook’s ad team shoots itself in the foot by pulling Elizabeth Warren campaign ads  TechCrunch

Instagram founders say losing autonomy at Facebook meant “winning”  TechCrunch

Thanks for restoring her ads, but Elizabeth Warren still wants to break up Facebook  Mashable

Instagram founder admits he blatantly stole Stories from Snapchat  Mashable

Instagram’s founders don’t think breaking up Facebook will fix tech’s problems  re/code

Facebook is paying 12 publishers for Watch shows starring video creators  Digiday

Facebook Bans Zero Hedge  Zero Hedge

Travel Hotel

BA  ANA has no plans yet to halt purchase of 30 Boeing 737 Max 8 jets despite two deadly crashes  Japan Times

BA  Australia suspends 737 MAX flights to and from the country  Jerusalem Post

BA  Mexican airline Aeromexico suspends Boeing 737 MAX amid Ethiopian Airlines crash  Jerusalem Post

CTRP TOUR  Chinese tourists did 150 million outbound trips in 2018  MercoPress

BA  LaGuardia passengers terrified about flying on Boeing 737 MAX 8 planes  NY Post

BA  Boeing will release a software update to make the 737 Max plane safer  Quartz

EWM  Malaysia to decide fate of Malaysia Airlines ‘soon’, PM says  Reuters

BA  U.S. to mandate design changes on Boeing 737 MAX 8 after crashes  Reuters

BA  Mexico’s Aeromexico suspends Boeing 737 MAX planes  Reuters

BA  U.S. Air Force resumes Boeing’s KC-46 tanker delivery  Reuters

BA  U.S. senator calls on FAA to ground Boeing 737 MAX 8  Reuters

ASX: QAN  Boy’s letter to Qantas boss for ‘CEO advice’ goes viral  BBC World News

MAR  Marriott picks downtown Phoenix hotel to debut new brand  Business Journals

Auto

HYMTF  ISS backs Hyundai over dividend payouts  Korean Herald

TSLA  Elon Musk’s lawyers argue he should not be held in contempt for tweet about Tesla’s production rate  TechCrunch

GOOGL (SFTBY)  Report: Google’s Waymo seeks outside investment and a sky-high valuation  TechCrunch

BIDU (BABA)  Baidu and auto firm Chery launch AI-enhanced electric vehicle  TechNode

GM  GM Cruise snags Dropbox HR head to hire 1,000 engineers  TechCrunch

SFTBY  Uber looks into solution regarding drivers reportedly gaming for cancellation fees  Mashable

TSLA  Elon Musk claims tweet about Tesla production didn’t violate SEC settlement  NY Post

Linger  VLKAY  VW accelerates electric push with more models, more production  Automotive News

Could electric vehicles be the future for Kenyan travel?  BBC World News

GOOGL VLKAY  Volkswagen CEO says he has not considered taking a minority stake in Waymo  Reuters

TSLA  Tesla is bringing Autopilot prices ‘back to normal’, Elon Musk admits mistake  Electrek

TSLA  Tesla’s online-only sales strategy disguises massive pay cuts  Electrek

Monday’s story  NIO KNDI  China’s NEV sales continue robust growth  “With both production and sales continuing to jump, the market of new energy vehicles (NEV) in China remained vigorous last month, a bright spot amid a lackluster automobile sector.”  Ecns.cn

Retail

MO  E-cigarette maker Juul Labs seeks Korean market entry  Korean Herald

AMZN  Amazon reportedly nixes its price parity requirement for third-party sellers in the U.S.  TechCrunch

AMZN  Trader Joe’s looks to surprise Whole Foods with massive Midtown lease  NY Post

YUMC  Yum China to open restaurants at Sinopec, CNPC gas stations in China  Reuters

Opinion  A Place for Digital Natives to Test Brick-and-Mortar  eMarketer

Apple

SSNLF  Another Samsung foldable phone patent appears, this time with a wearable twist  TechRadar

S TMUS T  Sprint Takes Out Full Page NYT Ad Calling Out AT&T for Misleading 5GE Branding  MacRumors

Apple says ‘it’s show time’ March 25, TV service announcement expected  Reuters

QCOM  Former Apple engineer claims idea for Qualcomm patent, does not seek inventor status  AppleInsider

China to invest up to CNY1.5 trillion in 5G networks in 2020-2025  Digitimes

China’s February 2019 Domestic Handset Shipments Down 20% YoY  China Academy of Information and Communications Technology

QCOM MDTKY  Asian chipmakers mount 5G challenge to Qualcomm  “Huawei aims to be next chip powerhouse while MediaTek shifts 3,000 workers to 5G”  Nikkei

Apple wins a Patent for Augmented Reality Smartglasses  Patently Apple

Opinion  ‘Tech constraints’ may slow China’s 5G rollout, says Jefferies  TechNode

Energy Commodities

Brazilian government confirms solar will compete in June A-4 auction  Pv magazine

KOL  New Zealand investigators to re-enter coal mine years after disaster  Reuters

Pakistan to offer gas fields to foreign explorers, investors -official  Reuters

VALE  Brazilian town fines Vale, closes port terminal in Rio de Janeiro state  Reuters

BGCP  BGC Partners, Inc. GFI subsidiary expands Asia footprint with acquisition of energy broker Ginga Petroleum  Press Release

ASIX  AdvanSix Issues Statement on Phenol Customer Force Majeure  Press release

Germany’s oil, gas output falls 3 percent in 2018  Reuters

Metals

London metal prices rise on weaker dollar, Brexit boost  Reuters

FCX  Pakistan military eyes key role developing giant copper and gold mine  Reuters

MMG says output at Peru copper mine could fall due to road blockade  Reuters

BHP  BHP crew applied brakes to wrong ore train before runaway crash  Blooomberg

Western Australia looks to capitalise on growing battery market  Creamer’s

NEM GG  Newmont Announces Special Shareholder Meeting and Files Definitive Proxy on Combination with Goldcorp  Press Release

Europe

ECB rate hike would push young families into arrears  Irish Independent

Britain must leave EU by May 23 or hold own EU vote  Reuters

GREK  Eurozone delays Greece debt relief over reforms  AFP

EWU  UK economy avoids ‘Brexit black hole’ with 0.5% growth in January – business live  “Britain grew faster than expected in January, as consumers shake off Brexit anxiety”  The Guardian

EWU  UK Trade Deficit Widens In January Amid Falling Car Exports  Alliance News

EWP  IHS Markit Spain Business Outlook  “Confidence subdued as political and economic uncertainties persist”  iHS Markit

China

China official says West using Christianity to ‘subvert’ power  Reuters

ABT LSE: RB.  China lawmakers urge freeing up family planning as birth rates plunge  Reuters

As patenting grows, an era of big IP lawsuits is coming for Chinese startups  TechNode

Linger  Briefing: China’s top fingerprint chipmaker says trade war hurting growth  TechNode

North Korea

NK media stress commitment to ‘complete denuclearization’  Korean Herald

N. Korea to limit number of foreign visitors starting next week: report  Korean Herald

U.N. investigating North Korea sanctions violations in 20 countries, document shows  nk  Japan Times

Asia

EPHE  Philippine news website Rappler loses court appeal on foreign media ownership violation  South China Morning Post

EWJ  Japan’s Nikkei surges on Wall Street rally, weaker yen  Reuters

EWJ  Japan Business Outlook  “Japanese business confidence ranks weakest globally”  iHS Markit

EWT  Taiwan shares close up 0.91%  Focus Taiwan

EWJ  Nikkei to change components of stock average  “Showa Shell to be replaced by Idemitsu due to merger”  Nikkei

EPHE  Duterte’s tax reform puts brake on foreign investments  “Philippine FDI fall for first time since 2015 as investors await clarity on policy moves”  Nikkei

Opinion  INDA  We are heading for a 10-year big bull market: Porinju Veliyath  Economic Times of India

International

US withdraws all staff from embassy in Venezuela citing the deteriorating situation  Irish Independent

EWZ  Brazil to sign accord with U.S. on space technology next week  Jerusalem Post

Maduro calls on supporters to offer active resistance to opposition protests  TASS

Venezuelan parliament declares state of emergency over power outage  TASS

Venezuelan opposition leader calls for protest actions on March 12  TASS

Desperate Venezuelans swarm sewage drains in search of water  Reuters

EWZ  At least 10 groups interested in Brazilian airports auction -official  Reuters

Venezuela suspends school, business activities on Tuesday: minister  Reuters

EWZ  Brazilian companies signal brightest prospects globally  iHS Markit

Russia Ukraine

U.S.’s Pompeo criticizes Russia’s Rosneft for buying oil from Venezuela  Jerusalem Post

Units armed with new S-400 missile systems enter combat duty in Russia’s west  TASS

Russia blocks encrypted email provider ProtonMail  TechCrunch

Lawmakers to invite NATO chief to address Congress  Military Times

U.S.’s Pompeo criticizes Russia’s Rosneft for buying oil from Venezuela  Reuters

US business threatens to stay away from Russian forum  Financial Times

Units armed with new S-400 missile systems enter combat duty in Russia’s west  TASS

Russian arms exports to India fell 42% over five years, says report  Livemint

U.S. Blames Moscow for Venezuelan Crisis, Sanctions Russian Bank  Moscow Times

Russia Business Outlook  “Russian business confidence remains robust”  iHS Markit

Kremlin says talks with Japan over territorial dispute could take years  Reuters

Kremlin Abandons Plans to Hand Islands to Japan – Reports  Moscow Times

Middle East

Iranian human rights lawyer sentenced to 38 years in jail, 148 lashes  Haaretz

Hardline Iranian cleric Raisi gets second powerful job in a week: IRNA  Reuters

Some 20,000 Iraqis could return from Syria in weeks: Red Cross  Reuters

UAE’s GDP to Increase to 3.5 Percent in 2019  Al Bawaba

38 ISIS fighters die in Syria, U.S.-backed force confirms  Jerusalem Post

Africa

Air strikes kill 22 civilians – including children – in Yemen  Irish Independent

Twenty-two civilians killed, including children, in north Yemen – U.N.  Reuters

Home security firm ADT’s outlook disappoints, shares fall 10 pct  Reuters

Climate Change

U.S. minorities consume less but suffer more from pollution: study  Reuters

BP  BP lobbied against US methane rules despite green public stance  Financial Times

Extreme storm in the central U.S. may generate blizzard, flooding and severe storms midweek  Washington Post

Medical Marijuana

CGC TLRY CRON  Scientists produce active ingredients in marijuana using yeast  “Biologists from Berkeley genetically engineered brewer’s yeast to turn sugars into THC and CBD”  Haaretz

PEP  SodaStream CEO goes from fizz to buzz with cannabis investments  Haaretz

Subjects of Mass Weed Arrest Sue Over Violation of Constitutional Rights  High Times

Legalization in New York? Maybe Not This Year, Governor Says  Leafly

LSD and magic mushrooms can enhance cognitive abilities, help win wars, study claims  Military Times

Medical marijuana industry proposes minority hiring program  NY Post

Police bust major cannabis-trafficking network, arrest 42 top members  Israel  Times of Israel

Economics

Worried about next downturn? U.S. credit funds may offer early clues  Reuters

IATA cuts annual air cargo traffic growth forecast citing trade frictions, Brexit  “That is lower than a previous estimate of 3.7 percent traffic growth issued in December and leaves airlines more dependent on passenger revenue for growth.”  Reuters

Seattle Real Estate in February: Sales Up 12.1% YoY, Inventory up 164% YoY from Low Levels  Calculated Risk

Politics

Pelosi: Impeaching Trump ‘just not worth it’  Boston

U.S. rule changes could mean more startups would need government approval to hire immigrants  TechCrunch

The Trump Administration Really Wants to Cut Education Funding. Congress Doesn’t.  The Atlantic

Researchers Find Critical Backdoor in Swiss Online Voting System  Motherboard

GOP searches for way out of border clash with Trump  Politico

New York attorney general is investigating Trump projects: NY Times  Reuters

Beto O’Rourke heading to Iowa, fueling speculation about White House bid  Reuters

Election commission fines Jeb Bush Super PAC, Chinese company  Reuters

‘Absurd’ to say Trump unreliable trade negotiator with China: White House  Reuters

Senators ask U.S. border agency about reported tracking of journalists  Reuters

Mueller probe already financed through September: officials  Reuters

U.S. transport chief: ‘tight time frame’ for $1 trillion infrastructure boost  Reuters

Trump at risk for alleged role in hush payments, Stormy Daniels’ former lawyer says  ABC News

Fact

Study Finds Alarming Number of Preteens Who Visit the ER Have Thoughts of Suicide  Gizmodo

Scientists found moving water on the Moon  Boy Genius Report

Opinion

Trump’s Budget Is a Disaster for the GOP  New York Magazine

Morgan Stanley raises EMs’ target by 8%  Economic Times of India

DB  Regulators fear Deutsche Bank could bungle Commerzbank merger  Financial Times

Linger

BA  Relax, the FAA Says the Dozens of Boeing 737 Max Planes in the Sky Right Now Are Totally Safe  Gizmodo

BA  FAA has no plans to ground Boeing 737 Max airliners; software fix expected in April  Marketwatch

Judge gives deadline for arguments relating to unsealing Jeffrey Epstein documents  NY Post

WFC  CEO Sloan pitches Wells Fargo turnaround to bank critics in Congress  Reuters

Futurelook

LBTYA  Virgin Media’s “Intelligent WiFi” promises to boost home Wi-Fi by up to three times  TechRadar

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