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Workers in Japan can’t quit their jobs so they hire resignation experts to help.
Pick & Scroll News
September 13, 2024
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Good morning. It's Friday and we are pretty happy about it. Here are some of this week’s headlines you may have missed:
Ireland begrudgingly accepts $14B from Apple after both parties had argued against it.
Raygun is now ranked the number 1 breaker in the world which doesn't at all question the credibility of the rankings.
iPhone 16 launched with the internet reacting as quick as always.
The gender wage gap in the US just widened for the first time in 20 years.
All the headlines and more below...
AUSTRALIAN NEWS
Canberra is billed as the '20-minute city', but many commuters are still too reliant on cars
Despite being billed as a "20-minute city," Canberra residents are still heavily reliant on cars, with the city having the lowest use of shared transport among Australian capitals. LINK
Renewable energy reached a record 72.2% of total electricity generation in Australia. LINK
More than 10,000 homes in NSW are supposedly being built by risky developers who could leave buyers with costly defects. LINK
Brisbane Airport has unveiled a $5B upgrade plan that includes a third terminal and upgrades to the domestic terminal. LINK
ASIC is scrutinising superannuation funds' handling of unlisted assets and pushing for greater transparency and disclosures to investors. LINK
GLOBAL NEWS
Sexual harassers face life ban from trains in Jakarta and other Indonesian cities
Indonesian authorities will impose lifetime bans on sexual harassers found on the country's trains. LINK
India has led global cryptocurrency adoption for the second year in a row, despite tough regulations and high trading taxes. LINK
US crypto stocks fell as bets on Kamala Harris' victory in the US presidential race rose following her debate performance and endorsement by pop star Taylor Swift. LINK
Ukraine businesses, facing labour shortages amid the war with Russia, are hiring more women, teenagers and older workers for traditionally male-dominated roles like truck driving. LINK
Global EV sales rose 20% in August, driven by record sales in China, though sales in Europe dropped 33%. LINK
Video game companies, including Epic Games, EA and Roblox, are facing EU consumer complaints for allegedly misleading gamers into spending money, amid rising concerns about gaming addiction. LINK
COMPANY NEWS
Deloitte monitors staff logging in from overseas
Deloitte is monitoring staff logging in from overseas as part of a crackdown on employees violating work-from-home policies. LINK
PwC to slash 1,800 jobs in the US, its first mass cut since 2009. LINK
CBA reported a 15% increase in vehicle and equipment financing despite broader business concerns about a potential recession. LINK
CFMEU administrator has removed 2 union-appointed directors from the building industry superannuation fund. LINK
Telstra Health has cut 300 jobs as part of a company-wide restructuring. LINK
Samsung Electronics is planning to cut up to 30% of jobs in some divisions globally by the end of 2024. LINK
Adobe will launch a generative AI video creation tool later this year, allowing users to generate short clips based on text and image prompts. LINK
Mike Sneesby, CEO of Nine Entertainment, is stepping down at the end of September. LINK
Healthscope has secured tens of millions of dollars in additional funding from major health insurers Medibank Private, NIB and HCF. LINK
Brickworks is seeing declines in multi-residential building activity and rising costs. LINK
Centennial Coal will lay off 200 workers after failing to secure a new supply deal for its Eraring mine. LINK
JPMorgan has warned of a potential sharemarket correction, as recession fears grow following recent disappointing US manufacturing and jobs data. LINK
Endeavour Group, owner of Dan Murphy’s and BWS, has launched a new data tool for liquor suppliers and a supplier charter to strengthen partnerships and transparency in the retail liquor industry. LINK
Former Qantas CEO Alan Joyce received another $3.4M payout, including a $3.15M bonus. LINK
Turkish Airlines has announced plans for non-stop flights between Sydney and Istanbul by 2026. LINK
Inditex, owner of Zara, reported a rebound in sales of its autumn/winter collection after a slower-than-expected summer season in the northern hemisphere. LINK
Amazon's AWS will invest $1.8B in Brazil by 2034 to expand its data centre operations. LINK.
Google is under investigation by the EU’s lead privacy regulator to determine if it adequately protected user data when developing its AI model, PaLM 2. LINK
OpenAI is in talks to raise $6.5B from investors like Apple, Microsoft and Nvidia. LINK
PrettyLittleThing, owned by Boohoo, is bringing back free returns ahead of the holiday season as part of a competitive strategy to attract more customers. LINK
THE ODD PICK
Workers in Japan can’t quit their jobs so they hire resignation experts to help
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Wouldn’t it be nice if the world was…
It's international chocolate day today. Get 5 out of 5 below and earn yourself a (self-funded) Friday chocolate treat.
Which country do the below brands come from?
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Toblerone
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