Today’s Issue Cluster: eTaxis
US – Jun: Consumer Spending Increased; +0.4% from +0.4% / WSJ / R
US – Jun: Core PCE below Fed’s 2% target; +1.6% / R
Asia – Manufacturing in China and Japan Can’t Find Its Mojo WSJ *
Taiwan – A series of unfortunate events E *
SK – Seoul Targets Executives, Pressed by an Angry Public NYT
Japan – Approves $274b Stimulus Package WSJ / FT / NYT / B * *
Japan – Return to Fiscal Lever Shows Failure to Hit High Goals B *
India – Go-Slow Reform Hamstrings Economic Transformation WSJ *
India – Railway Plans More Debt Than GDP of Some Nations B *
RBA – Australia cuts interest rates to record low 1.5% FT * *
India – Child labor law raises concerns FT
eTaxi – Uber Sells China Operations to Didi Chuxing WSJ / FT / R / NYT *
eTaxi – Didi/Uber: foster children FT *
eTaxi – Financial Pressures Shaped Didi-Uber Deal WSJ
eTaxi – Earlier: ‘Uber/Didi Fight Drives Merger Talk’ WSJ / FT / R *
eTaxi – Uber’s China Deal Moves Ride-Hail Giant a Step Closer to IPO B
eTaxi – Foreigners Never Win in Tech WSJ / WSJ / B
eTaxi – Uber-Didi Tie-Up Threatens Lyft in US WSJ *
eTaxi – Didi’s anti-Uber axis under strain after deal FT * * *
eTaxi – Didi Chuxing raised $7b in new capital FT / NYT *
eTaxi – China Clears Road for Services to Operate Legally WSJ / NYT / R / FT
eTaxi – Uber to challenge Deliveroo food delivery FT *
eTaxi – Uber to pour $500m into global mapping project FT
eTaxi – Hailo to merge with Daimler’s MyTaxi FT
eTaxi – GrabTaxi Seizes Lead in Southeast Asia WSJ *
Nuclear – UK under fire over fresh delay to Hinkley Point FT / WSJ / FT * * *
Nuclear – Japan Jitters Weigh on Global Uranium Market WSJ *
Beef, ban and bloodshed in India IT *
