Global Breaking News - Monday, May 6, 2024
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[Misc] (HL-20190929~20191005) Weekly Headlines
최고관리자 | 19-09-27 11:57
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(Mon) Commerzbank aims for major job cuts, branch closures
코메르츠방크, 대규모 감원 및 지점 폐쇄하기로
Thousands of jobs, a fifth of its branches. Commerzbank - Germany's number two lender - closed out Friday with a dramatic heads up on what's likely to be cut as part of a strategy overhaul. No final decision has been made yet - the supervisory board will discuss the measures next week. But the bank said it would cut 4,300 jobs in some places - over 10% of its workforce , while adding 2,000 in "strategic areas." A sale of its stake in Polish subsidiary mBank - also planned - would shed a further 6,600. It aims to trim its 1,000 branches to 800 or so. Commerzbank has struggled to make profits and a merger attempt with Germany's biggest lender, Deutsche Bank, failed earlier this year. But there is investment planned, too: 1.6 billion euros - around $1.8 billion - for restructuring and new tech. The sale of its mBank stake could raise around $2.2 billion.
(Tue) WeWork CEO in talks over future role
위워크 CEO, 향후 역할 논의하기로
Boardroom drama at WeWork: Co-founder Adam Neumann could surrender his CEO post. Sources tell Reuters Neumann has started talks with board directors and investors over his future role. And that includes the possibility of him stepping down and transitioning into a chairman role. Another option: let him remain as CEO but bring in an independent chairman. Sources say a board challenge by investors that include its biggest backer, SoftBank, and Benchmark Capital, has been put on hold until the talks produce an outcome. It's unclear how many of the seven board directors oppose Neumann. WeWork declined to comment, and Neumann did not respond to requests for comment. Last week, WeWork postponed its IPO after the money-losing property company faced sharp criticism over its business model and corporate governance practices. But a leadership transition may mean the company may have to further push back its debut into next year. If Neumann steps down, it wouldn't be the first time the founder of a startup is ousted as chief executive. Uber's board replaced co-founder and CEO Travis Kalanick with an outsider ahead of its IPO.
(Wed) Facebook's Portal enters crowded streaming market
페이스북의 포털, 붐비는 스트리밍 시장에 진입해
Facebook has taken its first steps into the crowded market for TV streaming, with a new version of its Portal video-chat device. The tech giant is pivoting towards more private forms of communication after data-sharing scandals, anger over its hands-off approach to offensive content, and slowing growth. Portal's focus is on video-calling, using a wide-angle camera that means you can walk around the room and stay in focus as you chat. It can be used for WhatsApp calls too. Facebook is already one of the biggest players in private messaging - some 2.4 billion people a month use its WhatsApp, Messenger and Instagram apps. It's hoping the social side of Portal will be its big selling point - it lets users watch shows together via video call, for example. But it'll face stiff competition . It has few music apps and limited TV programming compared to established and content-rich rivals like Apple TV, Netflix and Roku. And it has had to lower prices to compete with smart speakers from Amazon and Google that sell for under 100 dollars. The new Portals will go on sale in November.
(Thu) FedEx tumbles on weak outlook
페덱스, 실적전망 하향조정에 주가 급락
FedEx delivered sour news to investors, sinking its shares Wednesday and pulling down other U.S. stocks. The package delivery company sharply slashed its profit outlook for next year. It put the blame on tensions brewing from the U.S. trade war with China, weaker international activity, and the loss of its contract with Amazon.com. The online retailer made up a small portion of its revenue but its loss will deeply dent FedEx's bottom line. FedEx CEO Fred Smith acknowledged for the first time Wednesday that Amazon had now emerged as a shipping competitor. The split with Amazon could help its rival, UPS, handle more holiday packages, but UPS shares fell today in sympathy. FedEx now sees its adjusted earnings sliding as much as 29% in 2020. That disappointing forecast for this economic bellwether cast a shadow ahead of the all-important holiday shopping season. As a countermeasure, FedEx will launch a new round of cost cuts that include grounding and retiring dozens of planes.
(Fri) A new way to hitch a ride in Paris: future 'flying' taxi
파리의 새로운 교통수단: 미래의 ‘날아다니는’ 택시
Seabubbles’ new 'flying' water taxi could be the next glamorous way to get around in the City of Love - along the Seine River. 'Flying' here, is used loosely by startup Seabubbles, as the electric vessel is actually propelled out of the water in order to reduce surface friction, in a zero-emission, zero-noise, and zero-wave experience that can reach speeds of just under 21 miles per hour. At around €200,000 Euros per taxi to make, Seabubbles' water taxi can run for up to 2.5 hours before heading back to a literal charging 'dock' that harnesses the power of the water, sun and wind. Co-Founder Alain Thebault calls it the 'future', and says the company aims to make use of quote "underutilized waterways." "In France, the focus is on the taxi version - one pilot, four passengers. We are waiting for the authorization to have a commercial line between east and west, to cross Paris every morning. We will wait six months, but have a look - there is absolutely nobody on the river." Seabubbles could launch in the city as soon as spring 2020, after jumping through regulatory hoops. The project's backers hope to obtain a commercial taxi license so the environmentally-conscious consumer can 'fly', or at least glide, above the Seine.
** Other Latest Headlines **
* McDonald's to debut new plant-based burger
McDonald’s is finally taking a nibble of the plant-based burger. McDonald’s said Thursday that will sell the PLT, or the plant, lettuce and tomato burger for 12 weeks in 28 restaurants in south-western Ontario by the end of the month. The small-market test is rolling out about six months after rival Burger King began testing the plant-based Impossible Foods burger, which no surprise, is a rival to Beyond Meat. It’s now selling those burgers nationwide because of strong demand from customers. The entry of McDonald’s, the world’s largest burger chain, into the alternative meat arena has largely been seen as a question of when, and not if. Shares of Beyond Meat Inc bolted 11% higher at the opening bell on the McDonald’s announcement. It has been a breakthrough year for the companies that are trying to perfect the no-meat burger. Beyond Meat became a publicly traded company in May when it listed its shares for $45 on the Nadaq. By July, those shares had risen more than 430%. Impossible Foods has raised more than $750m, but remains private.
* Fathers to receive 10-day paid childbirth leave from October
Male employees will be entitled to 10 days of paid leave after their partners give birth, up from the current three days, starting today, according to the Ministry of Employment and Labor, Monday. The move is one of a number of new policies to help stimulate the low birthrate that is plaguing the nation. The measures focus on providing more infant care support for dual income families by extending the number of childbirth leave days for spouses and reducing work hours for parents for up to two years. Fathers can apply for the leave before the baby turns 90 days old, also up from 30 days. To reduce the financial burden on small- and mid-size companies, the ministry will cover the cost of five days of the husbands' 10-day leave. A government survey in 2017 found that large companies with over 300 employees gave an average four days of leave for men, while small- to mid-size companies only offered an average three days.
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