31 July 2014



Today’s Issue Cluster: Autonomous Vehicles

Huawei, Xiaomi’s gnaw at Samsung’s share
Oil – India Drops Sea Claim to Unlock Offshore Reserves
US – Labor Ruling Bewilders Franchisers


MAJOR DATA POINTS

EZ – Jul: Inflation Slowed to Lowest Since 2009; 0.4% from 0.5% / B / FT / R / AP / NYT *

EZ – Jun: Unemployment Unexpectedly Declined; 11.5% from 11.6% / B / WSJ *

US – Week: Jobless Claims Rise; +23k to 302k / WSJ / R *


MARKETS

Bonds – Top-rated government bonds defy gravity FT / FT * *

Bonds – Asian Borrowers Gaining Upper Hand in Sales WSJ *


ECONOMICS

NZ – Kiwi’s milk-powered rally turns sour FT * *

Australia – Wave of Cash Returns WSJ *


POLITICS & FISCAL POLICY

Argentina – Defaults after last-minute talks fail FT / WSJ / R / AP / B / NYT / B * *


MONETARY POLICY

Fed – Yellen sees first dissent in favour of tightening FT / WSJ / NYT / R / AP / B *

Fed – Growth Rebound Stokes Debate WSJ * *

Fed – US banks braced for large deposit outflows FT


FINANCE

Germany – Five Landesbanks now face threatening ECB stress tests FT *


REAL ESTATE

Germany – Low interest rates sway habits towards home ownership FT *


SERVICES

Online – India’s Flipkart Raises $1b in Fresh Funding WSJ / NYT *

Online – Amazon $2b investment sparks India ecommerce war FT / AP / R / q *

Online – Google to Add Ratings to Look More Like Amazon wsj *


MANUFACTURING



TECH

Mobiles – Samsung Feels Pressure Over Sales WSJ / FT / R / B / WSJ *

Mobiles – Is Huawei Eating Samsung’s Lunch? wsj / WSJ / R / q *

Mobiles – Xiaomi’s star rises as Chinese handset makers gnaw at Samsung’s share R


TRADE & TRANSPORTATION

AVs – UK insurers worry driverless cars are ‘existential threat’ FT / wsj

AVs – Battle looms over plans for driverless Tube trains FT

AVs – Daimler Demonstrates a Self-Driving Truck NYT / FT / R *

AVs – Cars could drive selves sooner than expected after European push R

AVs – Google: Driverless cars are mastering city streets AP / FT / R / wsj

AVs – Google’s Next Phase: No Brakes or Steering Wheel NYT / WSJ / FT / AP / R / nyt *

AVs – China’s Baidu follows Google steer with self-driving car FT

AVs – Laser Eyes Pose Price Hurdle for Driverless Cars WSJ *

AVs – Driverless Cars Are Data Guzzlers WSJ *

AVs – If Robots Drove, How Much Safer Would Roads Be? nyt / NJ / AP


COMMODITIES



ENERGY & ENVIRONMENT

Oil – US Exports Ready to Sail WSJ *

Oil – Cash-Poor Venezuela Weighs Sale of Citgo WSJ *

Oil – Libya says its fields are safe from the fighting R *

Oil – Kurds struggle for energy autonomy FT * *

Oil – India Drops Sea Claim to Unlock Offshore Reserves B *


LABOR & EDUCATION

US – Labor Ruling Bewilders Franchisers NYT


HEALTH



ENDNOTE

NASA rover breaks out-of-this-world distance record AFP *


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