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SINCLAIR

FCC chairman has ‘serious concerns’ about Sinclair-Tribune merger, could seek to block deal

Reported by Seattle Times
WASHINGTON – Sinclair Broadcasting’s proposed $3.9 billion acquisition of Tribune Media has raised “serious concerns” at the Federal Communications Commission about the amount of control the combined company would have over the U.S. television market, said Ajit Pai, the agency’s chairman... »more

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AMAZON PRIME DAY
Amazon's Prime Day is set to be $1.2 billion bigger than last year, analyst says (AMZN)   Amazon Prime Day deals 'not what they seem'  

Amazon Prime Day Puts Pressure On Other Retailers

Amazon promises even more discounts this year, ratcheting up the pressure on other stores and chains to also roll out big promotions.
CBS 2

 
ENERGY

Electric car-share Mevo attracts more funding from Z Energy

Electric car-share Mevo attracts more funding from Z Energy
Z Energy has more than doubled its investment in Mevo, the Wellington-based electric car-sharing firm, with The Wellington Company and European Motor Distributors also investing.Z has lifted its stake in Mevo to 12 per cent, funding...
New Zealand Herald

 
RUSSIAN

Russian President Vladimir Putin says Moscow, Washington could cooperate in stabilizing the world's energy market

HELSINKI (AP) — Russian President Vladimir Putin says Moscow, Washington could cooperate in stabilizing the world's energy market.
New Zealand Herald

 
TRADE WAR
Trump’s trade war isn’t the only thing that’s taking a bite out of China’s economy   Exporters keeping an eye on looming Trade War   Trump's trade war to knock a fifth off US stock markets say UBS analysts   Liam Dann: Trade war shock just what NZ didn't need   Trump's trade war is a 'darkening cloud on the horizon,' and Americans are starting to get worried   Last Week in the City: Trade war rhetoric escalates  

Trump’s trade war isn’t the only thing that’s taking a bite out of China’s economy

Trump’s trade war isn’t the only thing that’s taking a bite out of China’s economy
· *China's economy expanded at its slowest pace since 2016 in the second quarter.*
· *The Chinese government has been cracking down on excessive debt and risk.*
· *At the same time, tariffs have been looming over domestic demand. *

..
Business Insider

 
ELON MUSK
Elon Musk's Twitter outburst rattles investors
Four days after Tesla's fourth-largest shareholder urged "a time of quiet and peace," chief executive Elon Musk lobbed one of his nastiest stink bombs yet: an accusation about an organizer of the Thailand cave rescue that investors...
New Zealand Herald

 
JEFF BEZOS
Jeff Bezos becomes richest person in modern history, topping US$150 billion
Jeff Bezos is the richest person in modern history.The Amazon.com founder's net worth broke US$150 billion ($221.3b) in New York on Monday morning, according to the Bloomberg Billionaires Index. That's about US$55b more than Microsoft...
New Zealand Herald

 
FARNBOROUGH
UK unveils next generation fighter jet at Farnborough Airshow
Tempest would replace Typhoon and fly with or without a pilot
FT.com

 
FEDERAL INVESTIGATION / UBER FACES
Uber Faces Federal Investigation Over Alleged Gender Discrimination
Uber is the subject of an investigation by the U.S. Equal Employment Opportunity Commission stemming from a complaint about gender inequity, part of a series of federal probes of the ride hailing giant.
Wall Street Journal






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