October, 2019

• 1 October

  Airbnb is planning for direct listing instead of traditional IPO

  

  Bloomberg Airbnb Inc’s long-awaited Wall Street debut is officially earmarked for 2020, but the home-share startup is charting an unconventional path to the public markets. San Francisco-based Airbnb is laying the groundwork for a direct listing rather than an initial public offering, according to people familiar with the matter who asked not to be named discussing private information. Airbnb declined ...

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• 1 October

  Online users must consent to cookies: EU

  Bloomberg European Union rules require people to actively choose to allow companies to install tracking cookies, judges said in another key ruling on privacy from the EU’s top court. The EU Court of Justice said in a judgment that the placement of cookies requires the active consent of internet users and that “a box checked by default is therefore insufficient.” ...

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• 1 October

  Nissan mulls moving UK SUV production overseas on Brexit

  

  Bloomberg Nissan Motor Co will consider moving production of its SUVs outside the UK if the country leaves the European Union without a deal, people familiar with the matter said. Manufacturing of the Qashqai SUV could be moved to Spain, while the compact Juke may move to another overseas plant, said the people, who asked not to be identified as ...

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• 1 October

  China’s rise is unstoppable: Xi

  

  Bloomberg President Xi Jinping presided over a grand display of China’s strength in Beijing — declaring that no force could stop the country’s rise — even as concerns grew over the condition of the first protester shot in Hong Kong after almost four months of unrest. Speaking at the start of a massive parade marking 70 years since the founding ...

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• 1 October

  Trump demand for whistleblower’s identity roils inquiry

  

  Bloomberg President Donald Trump and his Republican allies are dialing up pressure to unmask the Ukraine whistleblower in a breathtaking departure from how allegations of corruption and waste have been handled by both parties for years. The push to identify the anonymous intelligence official risks deterring future whistle-blowers from coming forward — particularly in the House Democrats’ current impeachment inquiry ...

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• 1 October

  US, North Korea to resume stalled nuclear talks this week

  

  Bloomberg The US and North Korea agreed to resume working-level talks within the next week, a move that could break a deadlock in discussions aimed at ending Pyongyang’s nuclear ambitions. “I can confirm that US and DPRK officials plan to meet within the next week,” State Department spokeswoman Morgan Ortagus said. “I do not have further details to share on ...

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• 1 October

  Johnson confronts moment of truth for Brexit

  

  Bloomberg British PM Boris Johnson is facing the moment of truth for his Brexit strategy as he prepares to present his blueprint for a deal to the European Union in days. The reception his plan receives in Brussels and among pro-Brexit members of his ruling Conservative Party will determine whether there is any hope of securing an orderly exit for ...

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• 1 October

  Brazil’s Lula refuses to swap jail for house arrest

  

  Bloomberg Brazil’s former President Luiz Inacio Lula da Silva has rejected prosecutors’ request that he leave prison for house arrest, setting up a potential clash with judges over his sentence for corruption and money-laundering. “I won’t swap my dignity for my freedom,” Lula said in a hand-written letter posted on his Twitter account. He added that prosecutors should apologise to ...

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• 1 October

  The best antidote for a bad election is a better election

  

  If Donald Trump were to tweet that 9 is a prime number, that Minneapolis is in Idaho, and that the sun revolves around the Earth — “Make Earth Great Again!” — would even five Republican senators publicly disagree with even one of the tweets? This matters in assessing the wisdom of beginning an impeachment process against the president. If every ...

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• 1 October

  ECB moves closer to all-out war

  

  It’s all kicking off at the European Central Bank (ECB). Sabine Lautenschlaeger, the executive board member from Germany, is to resign at the end of October, slightly more than two years before the end of her mandate. Her exact motives are unknown, but they add to a sense of chaos at the central bank barely a month before a crucial ...

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