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Action not words needed over biggest public health failure of our time: pneumonia | Larry Elliott

Global elite at Davos 2019 must do more than talk about real-world problemsDavos this year will be like Hamlet without the prince. Donald Trump was all set to be the star of the show for the second year running but has decided that giving a keynote address to a hall full of billionaires is politically problematical at a time when the US government is shut down.Emmanuel Macron is giving the World Economic Forum a miss for similar reasons. If you have been dubbed the president of the rich the last...
Tags: Health, Europe, Business, US, Economics, World news, Davos, Theresa May, Hamlet, Donald Trump, Emmanuel Macron, Larry Elliott, Davos 2019


This is what a workday looks like for a CEO who runs his entire 40-employee tech company from a farm in New Zealand

Christian Mairoll is the CEO of Emsisoft — a company with no offices, where every single employee works remotely.  Mairoll now lives in New Zealand, where he manages employees in the U.S. and Europe in the early morning, and employees in Asia in the late afternoon. During midday, his work quiets down, so he'll take time to check on his sheep and chickens, do some gardening with his wife, or even go to the beach. For people looking to start a remote company, Mairoll advises them to hire emplo...
Tags: Google, Asia, Europe, Russia, Trends, Austria, New Zealand, Siberia, Silicon Valley, Marie Kondo, Emsisoft, Mairoll, Christian Mairoll, New Zealand Mairoll, Silicon Valley Ultimately Mairoll


How major US stock indexes fared Friday

Stocks in the U.S. and Europe jumped Friday as renewed hopes for progress in trade talks between the U.S. and China helped the markets finish the week with another strong gain.On Friday:The S&P 500 index leaped 34.75 points, or... [Author: [email protected]]
Tags: Europe, Business, China, US


Private equity suitor Apollo gets more time to make RPC offer: Reuters

RPC Group (RPC.L), Europe’s biggest plastics packaging maker, said on Friday the deadline for its private equity suitor Apollo Global Management (APO.N) to make a firm offer for the company has been extended to Jan. 23. RPC Group, which first announced the talks in September last year, said the takeover panel granted the extension on the company’s request and that discussions with Apollo are ongoing. RPC Group shares reversed course to trade 1 percent up after the extension of deadline. ...
Tags: Europe, Trends, Reuters, RPC Group, RPC, PE Deals, Apollo Global Management APO N, RPC Group RPC


Scout24 rejects $5.3 billion takeover offer from private equity: Reuters

German online classifieds company Scout24 AG (G24n.DE) has rejected a 4.7 billion euro ($5.34 billion) takeover offer from private equity firms Hellman & Friedman and Blackstone (BX.N), potentially paving the way for a bidding war. The company said in a statement late on Friday that Hellman & Friedman and Blackstone had submitted a joint bid to Scout 24’s shareholders of 43.50 euros per share – eight percent higher than Friday’s closing share price of 40.14 euros. “The management board of Scout2...
Tags: Europe, UK, Germany, Trends, Britain, Deutsche Telekom, Blackstone, Financial Times, Silver Lake, Reuters, Hellman Friedman, PE Deals, Scout24 AG G24n DE, Scout24 AG, Scout24 Silver Lake, Rightmove ZPG


A 'super blood wolf moon' this weekend will be the last total lunar eclipse until 2021 — here's how to catch it

A total lunar eclipse will occur on Sunday, January 20.  This "super blood wolf moon" gets its name because the eclipse will occur when the moon is full (called a wolf moon in January) and closer to Earth than normal (a super-moon). The Earth's shadow will make it appear reddish. The lunar eclipse is slated to last one hour and two minutes. On Sunday, January 20, the Earth will pass between the sun and moon, block light from the sun and casting a shadow on the moon. This is a total lunar ecli...
Tags: Europe, Africa, Trends, Nasa, Earth, International Space Station, US east coast, Earth Total, North America South America Greenland Iceland


Boring Company Could Lower Cost of Europe’s Next Generation Particle Colliders

The Civil Engineering for the proposed next-generation particle collider is 5 billion euros. Above: Cross section of an FCC-hh arc. The grey equipment on the left side of the tunnel represents the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: Europe, Fcc, Innovation


Stocks keep climbing as hopes for US-China trade deal rise

NEW YORK (AP) — Stocks in the U.S. and Europe are surging Friday as renewed hopes for progress in trade talks between the U.S. and China contribute to the market's newfound optimism.Stocks rallied after Bloomberg News reported that... [Author: [email protected]]
Tags: Europe, Business, New York, China, Ap, Bloomberg News, US China


Human rights protesters are standing outside Google offices recruiting employees to help kill off its China search engine

Tibetan human rights groups protested outside Google offices around the world on Friday to demand the company scrap its China search engine plans. The groups fear a censored search engine would be used to further propaganda and oppress dissent. They are approaching Googlers directly and asking for support to kill off the plans, known as Project Dragonfly. Reports emerged in December that Google had all-but killed Dragonfly, but the advocacy groups are unconvinced. Tibetan human rights groups ...
Tags: Apple, Google, Europe, UK, Tibet, Congress, China, Trends, Chinese communist party, Sundar Pichai, Pichai, Tiananmen Square, House Judiciary Committee, Tibet Network, US India Australia, John Jones Free Tibet


Tesla to cut 3,100 jobs as Musk sees ‘difficult’ road ahead

Elon Musk is cutting Tesla Inc.’s workforce by 7 percent — or more than 3,000 jobs — warning that the “road ahead is very difficult” in making electric cars more affordable for the mass market. Tesla shares fell as much as 7.7 percent shortly after the start of regular trading. Musk wrote in a blog post that the Palo Alto-based company managed to eke out a profit in the final three months of 2018, though narrower than the hard-won third-quarter earnings it reported in October. Tesla is under pre...
Tags: Europe, Business, Elon Musk, Mississippi, China, Tesla, Sport, Palo Alto, Frankfurt, Soccer, Ford, SEC, Jaguar Land Rover, Audi, Nissan, Morgan Stanley


Climate change threat to Germans’ need for speed on Autobahn

Draft environmental measures include proposal that would impose motorway speed limitThe days of unlimited speeding on Germany’s famously fast autobahns could be over if the government adopts draft proposals on climate protection put forward by its committee on the future of transport.Charged with devising recommendations on reducing the environmental harm caused by transport, the committee also proposed fuel tax hikes and electric vehicle quotas to help Germany finally meet European Union emissi...
Tags: Europe, Business, Germany, European Union, World news, Automotive Industry, Road Safety


Climate rules could put brakes on Germany's no-limit autobahns

Draft environmental measures include proposal that would impose motorway speed limitThe days of unlimited speeding on Germany’s famously fast autobahns could be over if the government adopts draft proposals on climate protection put forward by its committee on the future of transport.Charged with devising recommendations on reducing the environmental harm caused by transport, the committee also proposed fuel tax hikes and electric vehicle quotas to help Germany finally meet European Union emissi...
Tags: Europe, Business, Germany, European Union, World news, Automotive Industry, Road Safety


No-deal Brexit could put Mother's Day flowers at risk

Seamless import of flowers from Netherlands will suffer with chaos of no-deal scenario, say exportersMeet Brexit’s latest potential victim: the Mother’s Day bouquet. While the tumult in Westminster is keeping political pundits in clover, the decision by MPs to vote down Theresa May’s deal this week has sent petals flying among Dutch exporters, who are responsible for 80% of the flowers sold in British shops.As risk of a no-deal Brexit was raised, LTO Nederland, the organisation that represents D...
Tags: Europe, Business, Politics, UK, International Trade, Economics, European Union, UK News, World news, Theresa May, Foreign Policy, Netherlands, Michael Gove, Westminster, Article 50, Brexit


Whyd now helps companies create their custom voice assistant

Y Combinator-backed startup Whyd is pivoting from hardware to software. The startup had been working on a connected speaker with a voice-control interface specifically designed for music. But a couple of years later, it’s clear that subsidized voice assistant devices from Google and Amazon have taken over the market. Whyd is only keeping its own software platform and partnering with other companies. In other words, if you’re working on an app, a website or a skill for the Amazon Echo or Goog...
Tags: Google, Amazon, Startups, TC, Europe, Developer, Tech, France Newsletter, Google Home, Whyd, Gilles Poupardin


Oxford suspends research funding from China's Huawei

LONDON (AP) — Oxford University says it is suspending research grants and funding donations from Huawei amid growing security concerns about the Chinese telecom giant.It's another setback for Huawei's image in Europe, an important... [Author: [email protected]]
Tags: Europe, Business, London, China, Ap, Oxford, Oxford University, Huawei


SimplyCook dishes up £4.5M Series A for its subscription-based flavourings and recipe service

SimplyCook, the recipe kit service that focuses on flavour ingredients, has closed £4.5 million in Series A funding. The round is led by Octopus Investments. Unlike other recipe or meal kits, such as HelloFresh, Gousto and Marley Spoon, U.K.-based SimplyCook doesn’t send all of the fresh ingredients required to turn its recipes into food on your table. Instead, the subscription service consists of recipe cards and what SimplyCook calls “ingredients kits,” which are herbs, spices, sauces and o...
Tags: Fundings & Exits, Startups, TC, Europe, UK, Tech, Schwartz, U K, SimplyCook, Marley Spoon U K, Oli Ashness, Dolmio Knorr, Graze Notably HelloFresh


Elon Musk says he's firing more than 3,000 Tesla staff because of pressure on profits and Model 3 production challenges (TSLA)

Tesla is laying off 7% of its employees, according to an email Elon Musk sent to workers. Musk said the job cuts are because of "tiny" profits and difficulties producing the Model 3. Musk did not specify which staff are most at risk of being fired, suggesting the layoffs could be spread throughout the company. The move comes as Tesla seeks to prove it can become consistently profitable. Tesla is laying off 7% of its employees, according to an email Elon Musk sent to workers on Friday, which ...
Tags: Asia, Europe, Elon Musk, US, Trends, Tesla, Earth, TSLA, North America, Musk, Don, GAAP, Linette Lopez, Powerwall, Mark Matousek


Elon Musk says he's firing more than 3,000 Tesla staff because of 'tiny' profits and Model 3 production challenges (TSLA)

Tesla is laying off 7% of its employees, according to an email Elon Musk sent to workers. Musk said the job cuts are because of "tiny" profits and difficulties producing the Model 3. Musk did not specify which staff are most at risk of being fired, suggesting the layoffs could be spread throughout the company and will not have a disproportionate effect on any single division. The move comes as Tesla seeks to prove it can become consistently profitable. Tesla is laying off 7% of its employees...
Tags: Asia, Europe, Elon Musk, London, US, Trends, Tesla, Earth, TSLA, North America, Musk, GAAP, Powerwall, Mark Matousek


Flash, the stealthy e-scooter and ‘micro-mobility’ startup from Delivery Hero founder, raises €55M Series A

Flash, the stealthy mobility startup from Delivery Hero and Team Europe founder Lukasz Gadowski, is de-cloaking today, with news that the Berlin-based company has raised a whopping €55 million in Series A funding. Despite rumours that multiple VC firms would be involved, the bulk of the new funding comes from Target Global via its mobility fund, which led this round and was already an existing backer of Flash. Others participating in Flash’s Series A include Idinvest Partners, Signals Venture...
Tags: Fundings & Exits, Startups, TC, Transportation, Facebook, Europe, China, Berlin, Tech, Spain, Mexico City, Portugal, Switzerland, Bird, Accel, Atomico


Tesla is laying off 7% of its employees (TSLA)

Tesla is laying off 7% of its employees, according to an email Elon Musk sent to workers. The move comes as Tesla seeks to prove it can become consistently profitable. Tesla is laying off 7% of its employees, according to an email Elon Musk sent to workers, which was published on the company's website. The job cuts will impact more than 3,000 members of staff after Musk said last year that the electric carmaker had a workforce of 45,000 people. It follows a similar round of layoffs in June l...
Tags: Asia, Europe, Elon Musk, US, Trends, Tesla, Earth, TSLA, Tsa, North America, Musk, Elon, GAAP, Powerwall


Ryanair issues profit warning as winter fares fall

Lower-fare environment will shake out more loss-making rivals, says Michael O’LearyRyanair has issued its second profit warning in four months, blaming intense competition over the winter that prompted the Irish budget airline to cut fares.Profits for the year ending 31 March will be €100m (£88m) lower than previous expectations, at between €1bn to €1.1bn, the company said in a statement to the stock market. That was down from the €1.1bn to €1.2bn range previously expected. Continue reading...
Tags: Europe, Business, UK News, World news, Ireland, Ryanair, Airline Industry, Michael O'leary, Michael O'LearyRyanair


China, Germany promise closer financial cooperation

BEIJING (AP) — China and Germany promised Friday to open their markets wider to each other's banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and Europe.The two sides also affirmed... [Author: [email protected]]
Tags: Europe, Business, Washington, China, Germany, Beijing, China Germany


Car service firm Mekonomen warns on profit, European market "abnormally weak"

Swedish car service firm Mekonomen warned late on Thursday that its fourth quarter profit would land lower than expected, citing "an abnormally weak market" in Europe in the quarter.
Tags: Europe, Money, businessNews, Mekonomen


China, German promise closer financial cooperation

BEIJING (AP) — China and Germany promised Friday to open their markets wider to each other’s banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and Europe. The two sides affirmed support for a global trading system that other governments worry is threatened by President Donald Trump’s “America first” […]
Tags: Europe, Business, News, Washington, China, Germany, America, Beijing, Nation, Donald Trump


VC funding of cybersecurity companies hits record $5.3B in 2018

2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies. According to new data out by Strategic Cyber Ventures, a cybersecurity-focused investment firm with a portfolio of four cybersecurity companies, more than $5.3 billion was funneled into companies focused on protecting networks, systems and data across the world, despite fewer deals done during the year. That’s up from 20 percent — $4.4 billion — from 2017, and up from close to d...
Tags: Security, Europe, Technology, Maryland, California, Finance, China, Virginia, Funding, Tech, Economy, Cybercrime, United States, Washington Dc, Venture Capital, National Security


Microsoft CEO Satya Nadella took a subtle swipe at Amazon and other rivals by calling the uses of facial recognition 'terrible' (MFST)

Amid Amazon's ongoing drama over its AWS Rekognition facial recognition service, Microsoft CEO Satya Nadella had some words of warning. The uses of facial recognition are "terrible" a "race to the bottom," he said, and the situation is not good for society. Microsoft has been vocal in calling for government regulation of the tech, after it spent its own turn on hot seat. Microsoft CEO Satya Nadella thinks that some technologies are so potentially dangerous to society if misused that governmen...
Tags: Amazon, Facebook, Europe, Microsoft, Congress, China, Satya Nadella, Trends, Aclu, New York Times, Smith, Brad Smith, NIST, Nadella, Microsoft IBM, Joy Buolamwini


Copenhagen residents are torn over Denmark's proposed 'Silicon Valley'

The Danish government is building nine artificial islands known as Holmene off the coast of Hvidovre.The 33 million square feet of new land will house 380 businesses and 170 acres of parkland, creating 30,000 new jobs. Local residents fear this project will alienate the middle class while disrupting traffic and public transportation systems in nearby Copenhagen. None In 1997, I lived in San Bruno, just north of what has been referred to as Silicon Valley since 1971. While the term originally de...
Tags: Transportation, Europe, Politics, Technology, Los Angeles, San Francisco, Innovation, Urban Planning, Denmark, Silicon Valley, Copenhagen, Pacific, Golden Gate Bridge, Baltic Sea, San Francisco Bay, Public Spaces


Germany wants to extend CO2-related aid for firms beyond 2020: sources

The German government wants to extend beyond 2020 CO2-related compensation for companies that are heavy energy consumers as Europe's largest economy shifts towards renewables, several sources close to a government coal commission told Reuters.
Tags: Europe, Money, Germany, businessNews


Index has backed Immersive Games Lab, a new startup from founder of Tough Mudder

Immersive Games Lab, a new venture from Tough Mudder co-founder and Chairman Will Dean, has picked up around £2.5 million in seed funding, TechCrunch has learned. According to sources, London-based Index Ventures has led the round. In a call confirming the close, Dean told me Sweet Capital, and JamJar Investments (the VC fund set up by the 3 Innocent Drinks founders) also participated. Developing the “next generation” of immersive group gaming, Immersive Games Lab describes itself as “part indoo...
Tags: Fundings & Exits, Startups, TC, Europe, London, north London, Index Ventures, Index, Dean, Sweet Capital, Tough Mudder, Will Dean, JamJar Investments, David Spindler


Airbus CEO reveals why the company will be protected during an economic downturn

Airbus CEO Tom Enders told reporters that the company's large order backlog would serve as a buffer against many of the ill effects of an economic downturn. According to Enders, the company's 7,577-plane backlog will give Airbus the flexibility to move around production slots so deliveries aren't negatively affected. The Airbus CEO was in Mobile, Alabama, to celebrate the groundbreaking of the company's new Airbus A220 assembly plant. MOBILE, ALABAMA — With the potential of an economic slowdo...
Tags: Facebook, Europe, New York, US, Trends, Aer Lingus, Chrysler, Airbus, Dublin, Boeing, Mobile Alabama, Tom Enders, Ender, Guillaume Faury, Enders, Airbus Commercial Aircraft



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