• T-Mobile and Sprint head to court to defend $26 billion merger Link https://t.co/Sxkz6Gdkp3
    Reuters 2m

    NEW YORK (Reuters) - Executives from Sprint Corp testified on Monday that the U.S. wireless carrier has struggled to improve its network, hindering its growth and underscoring the need to merge with larger rival T-Mobile US Inc.

    U.S. state attorneys general, led by New York and California, are suing to stop the merger.

    The states seek to prove in Manhattan federal court that the deal between the No. 3 and No. 4 wireless carriers would raise prices, particularly for users on prepaid plans. The state attorneys general, all Democrats, asked Judge Victor Marrero to order the companies to abandon the deal.

    Sprint Chief Marketing Officer Roger Sole testified that the company’s strategy for enticing customers from competitors included slashing prices.

    But he said the promotion’s “early success faded away pretty soon” due to customers having a negative experience with...

  • Merkel expects Russia to cooperate in dispute over killing of Georgian Link https://t.co/4AfSkbCK2l
    Reuters 2m

    PARIS (Reuters) - Chancellor Angela Merkel said she had told Russian President Vladimir Putin in bilateral talks in Paris on Monday that Germany expects Russia to provide information for an investigation into the murder of a Georgian man in Berlin.

    German prosecutors suspect Russian or Chechen involvement in the murder of the man in a Berlin park in August. Russia has denied any involvement and said last week it would retaliate for what it called Germany’s “unfriendly” move.

  • The Tories say a vote for the Lib Dems is a vote for Corbyn, while Labour claims a vote for them gets you Brexit. Data prove both wrong ahead of Britain's general election Link
    The Economist Data Team 2m

    PERHAPS THE only view shared by Britain’s big parties is that backing the Liberal Democrats is a dire risk. “A vote for the Lib Dems gets you Brexit,” Labour warns. “A vote for the Lib Dems risks putting Corbyn in Downing Street,” claim the Tories.

    Both sides cannot be right. However, survey data of 100,000 Britons from YouGov, a pollster, imply that both parties are wrong. Because the Lib Dems have pulled votes equally from their two rivals, further growth in their support would probably cost both Labour and the Tories seats.

    With Labour neutral on Brexit, the Lib Dems are the main national pro-Remain party. Voters have noticed. YouGov’s data show that the few Leavers who backed the Lib Dems in 2017 largely plan to defect. But the party should pick up a fifth of the Remainers who voted Conservative last time, and 13% of Remain-supporting Labourites.

    This has doubled the Lib Dems’ vote share, from 7% in 2017 to 14% in YouGov’s poll. But it may not yield many...

  • Hong Kong leader Carrie Lam does not rule out a cabinet reshuffle, says focus is restoring law and order Link by @sharonlamhk @clarejim https://t.co/poHJ15ioqa
    Reuters 2m

    HONG KONG (Reuters) - Hong Kong leader Carrie Lam did not rule out a cabinet reshuffle on Tuesday but said restoring law and order was her top priority, as the Chinese-ruled city grapples with more than six months of sometimes violent anti-government protests.

  • WATCH: T-Mobile and Sprint head to court to defend $26 billion merger Link https://t.co/vWhhT98XBM
    Reuters Business 2m

    NEW YORK (Reuters) - Executives from Sprint Corp testified on Monday that the U.S. wireless carrier has struggled to improve its network, hindering its growth and underscoring the need to merge with larger rival T-Mobile US Inc.

    U.S. state attorneys general, led by New York and California, are suing to stop the merger.

    The states seek to prove in Manhattan federal court that the deal between the No. 3 and No. 4 wireless carriers would raise prices, particularly for users on prepaid plans. The state attorneys general, all Democrats, asked Judge Victor Marrero to order the companies to abandon the deal.

    Sprint Chief Marketing Officer Roger Sole testified that the company’s strategy for enticing customers from competitors included slashing prices.

    But he said the promotion’s “early success faded away pretty soon” due to customers having a negative experience with...

  • A look back at 2019: .@ArianaGrande holds the top three spots on @Billboard Hot 100, the first artist to achieve this since The Beatles Link https://t.co/WQ12NbcZ0O
    Reuters 7m
    pop singer Arianna Grande has achieved something not seen in the record business since Beatlemania the twenty five year old American singer can boast simultaneous songs in the number one two and three spots on the Billboard hot one hundred Grande is perched at the top with their single seven rings break up with your girlfriend on board and thank you next the last time that happened was in nineteen sixty four when music lover soaked up the Beatles can't buy me love twist and shout and do you want to know a secret from the era of sock hop to the spread of Spotify the music and the messages couldn't be more different fifty five years ago the top tune saying money can't buy love in twenty nineteen Grande declares happiness is the same price as red bottoms Grande responded to the achievements on Twitter saying quote wait what but that's not the only record she broke eleven of the top forty spots on the Billboard charts or held my Grande the most held by a female artist at one time
  • Asia stock markets mixed as attention on looming trade deadline, expected central bank inaction Link
    MarketWatch 7m
  • SoftBank sold its stake in the dog-walking app Wag back to the company Link
    Bloomberg Markets 7m
  • New Zealand police are opening a criminal probe into the deaths of tourists at volcano island Link via @AP
    Bloomberg 7m
  • Hong Kong leader says cabinet reshuffle is not her immediate task Link https://t.co/bUa9hXX3ff
    Reuters 7m

    HONG KONG (Reuters) - Hong Kong leader Carrie Lam said on Tuesday a cabinet reshuffle was not her immediate task, but rather restoring law and order, as the Chinese-ruled city grapples with more than six months of sometimes violent anti-government protests.

    The embattled Lam was speaking two days after the largest anti-government rally in the Asian financial hub since local elections last month gave a resounding show of support for the pro-democracy movement.

    On Tuesday, media said Beijing was considering a cabinet reshuffle by the end of the year.

  • The conspiracy site Infowars has been largely banned by Apple, Facebook, Twitter and YouTube. But one of its hosts still managed to disrupt the House impeachment hearing on Monday, broadcasting video using his verified Twitter account. Link
    NYT Business 12m

    Infowars, the website founded by Alex Jones that traffics in conspiracy theories, has been largely banned by Apple, Facebook, Twitter and YouTube.

    But one of the site’s personalities still managed to disrupt the House impeachment hearing on Monday, using his verified Twitter account to carry out a publicity stunt.

    [Read live updates on Monday’s impeachment hearing.]

    Moments after Representative Jerrold Nadler, the chairman of the House Judiciary Committee, banged a gavel to open the hearing, the Infowars host, Owen Shroyer, used Twitter to broadcast video of himself rising from his seat in the packed hearing room and shouting, “Jerry Nadler and the Democrat Party are committing treason against this country!”

    Mr. Shroyer continued to stream video of himself railing against Democrats and defending President Trump as the Capitol Police quickly escorted him from the room.

  • USD/INR drops to fresh monthly low amid upbeat China inflation, softer greenback Link #USDINR #TradeWar #CentralBanks #RiskAppetite #Crosses
    FXStreet News 12m
    USD/INR extends the previous day’s downpour to the sub-71.00 region, USD keeps the losses. Swaps indicate no more rate cuts from the RBI, fears of trade war keep bulls in check. Data from China suggest improvement in price pressure, imports also surged during the weekend.
  • Goldman says central banks are consuming a fifth of the global supply of gold, signaling a shift away from the dollar Link
    Bloomberg Markets 12m
  • Pups strike a pose at the first-ever Lagos Dog Carnival put together by animal rights activist Jackie Idimogu to raise awareness around pet care https://t.co/oEerckBVNB
    Reuters 12m
  • U.S. commission censures India’s proposed new laws that will prevent Muslim migrants from receiving citizenship Link
    Bloomberg 12m
  • An offer last month by Todd Boehly fell short of the £3bn valuation that Russian oligarch Roman Abramovich is believed to be seeking for London’s Chelsea FC Link
    Financial Times 12m
  • New Zealand’s a2 Milk has temporarily brought back CEO Geoffrey Babidge following Chief Executive Jayne Hrdlicka’s surprise decision to quit. His track record should be reassuring, but it’s a corporate playbook that has had mixed results. @jgfarb Link https://t.co/XPXu17R5SV
    ReutersBreakingviews 12m

    New Zealand’s $7 bln a2 Milk is following a well-worn corporate playbook. Companies from Apple to P&G have brought back former bosses, with mixed results. In this case, Geoffrey Babidge’s track record should reassure, even if succession and strategy concerns cloud his return.

  • The Woke Media: Apologists For The State Link
    zerohedge 12m
  • This country has not had enough of experts Link https://t.co/wNEt1KQDdN
    City A.M. 12m

    Michael Gove famously said that the “people in this country have had enough of experts”.

    Of course, that’s not the full story — at the time, Gove was specifically targeting experts who, he claimed, kept getting things wrong. 

    But regardless, the “had enough of experts” quote went viral, and came to be viewed as something of a slogan for a post-truth era.

    New research from pollsters Ipsos MORI shows that this isn’t the case. When it comes to making decisions about new government-led projects only 16 per cent of the public believe that politicians should be in sole control, whereas nearly half (48 per cent) think that politicians and technical experts should have equal control. 

  • Putin says Georgian killed in Berlin was himself a killer Link https://t.co/UaKFcROfFJ
    Reuters 12m

    (Reuters) - Russian President Vladimir Putin said a Georgian man murdered in Berlin in August was himself a killer who took part in bloody acts on Russian soil and that Moscow’s requests for his extradition had not been heeded.

  • Best of 2019: Vietnamese barber offers haircuts to mark Trump-Kim summit https://t.co/lyYwWu7V9u
    Reuters 17m
  • U.S. furniture factories are humming. The problem: There aren’t enough skilled workers available. Link
    Real Time Economics 17m

    HICKORY, N.C—Here’s the good news: There are now more reasons to make furniture in the U.S. than at any point since the financial crisis. Crate & Barrel and Williams-Sonoma Inc. are expanding manufacturing in the U.S., and the factories of longtime furniture makers are humming.

    Here’s the bad news: There aren’t enough skilled workers available to support the renaissance.

    Manufacturers...

  • Boomeranging dairy CEO milks the past, says @jgfarb: Link https://t.co/vUVZAppvTn
    ReutersBreakingviews 17m

    New Zealand’s $7 bln a2 Milk is following a well-worn corporate playbook. Companies from Apple to P&G have brought back former bosses, with mixed results. In this case, Geoffrey Babidge’s track record should reassure, even if succession and strategy concerns cloud his return.

  • Australia: Business conditions stabilising, confidence falling – Westpac Link #Australia #EconomicIndicator #Banks
    FXStreet News 17m

    “As the 2019 year draws towards a close, conditions in the Australian economy remain weak. Policy stimulus is struggling to gain traction. The NAB business survey for November reports that business conditions have stabilised at low levels.”

    “The business conditions index was unchanged at +4, a below average reading. The index has moved broadly sideways since April, after tumbling from +19 over the first half of 2018.”

    “Business confidence fell by 2pts to 0, reversing the 2pt lift in October. Confidence rallied in May, after the Federal election, but the bounce was short-lived. The lack of confidence is understandable in this challenging environment - with weak domestic sales and a slowing global economy, with heightened uncertainty around international trade.”

    “Australia’s September quarter economic report card was another disappointing one - confirming feeble and uneven growth, at 1.7% for the year. The private sector economy is in recession, with private...

  • This company is building a lithium-ion battery that won't explode Link
    Businessweek 17m
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