Library picture: Joshua Wong, secretary general of the Demosistō party, is seen speaking at an event during the Umbrella Movement in Hong Kong, 26 September 2014. Police took Wong into custody on Friday for allegedly organising an unauthorised assembly. Photo credit: Lewis Tse Pui Lung/Shutterstock.com
UK confidence down while Brazil’s economy is up. Delano’s breakfast briefing for Friday.
Hong Kong: Wong arrested
Joshua Wong, the prominent pro-democracy activist, and two other well-known Hong Kong opposition leaders were arrested ahead of planned unauthorised protests. Wong’s party said he was “forcefully pushed into a private minivan on the street” and taken to a local police station. Sources: BBC, Deutsche Welle, the Guardian and South China Morning Post.
Hong Kong: Troop rotation
China’s People’s Liberation Army conducted its “routine annual rotation” of its forces garrisoned in Hong Kong in unusually visible fashion ahead of this weekend’s protests. This was, one commentator said, to prevent “any misunderstanding and speculation about troop deployment”. Sources: Hong Kong Free Press, Reuters, South China Morning Post and Telegraph.
Brexit: Johnson bullish on talks
Boris Johnson said he will “step up the tempo” of Brexit negotiations with the EU. British officials are to meet with their Brussels counterparts twice a week in September. Sources: BBC, the Financial Times, New York Times and Guardian.
After shrinking by 0.2% in the first quarter of the year, Brazil’s economy grew 0.4% in the April-June period, beating analyst expectations. Sources: Bloomberg, Financial Times and Reuters.
Technology: Huawei without Google
Huawei’s next forthcoming flagship smartphone will be released without any Google apps. Sources: BBC, the Guardian, Reuters and The Verge.
Media: Youtube drops paywall
Youtube will make its original programming free (and will focus more on advertising than subscriptions) as it competes with rival video streaming services from Amazon and Netflix (and soon Apple and Disney). Sources: Adweek, Deadline, Financial Times and the Telegraph.
Here are 3 finance & economy article you may have missed
Investor fright: Ongoing protests have a hit Hong Kong’s property and stock markets hard, per the South China Morning Post. Culinary trade: “The United States is the world’s biggest net importer of cuisine, gobbling down $55bn more in foreign dishes than the rest of the world eats in American fare” and Italy is the biggest net exporter, per The Economist. Corporate manoeuvres:The Atlantic explained why stock buybacks are so popular among US listed firms.
Here are 3 science & technology stories you may have missed
Automotive: Tesla is reportedly looking for a site to build its fourth battery “gigafactory” in the German states of North Rhine-Westphalia or Lower Saxony, per the Rheinische Post via Observer.com. GDPR: Sweden’s data protection agency fined a high school €19,000 for using a facial recognition system to monitor student attendance, reported The Next Web. Health: “Optimistic people live as much as 15% longer than pessimists, according to a new study” covered by Science magazine.
Runners take care of yourselves
GQ has tips on treating “runners knee” and four other common running injuries. (Stating the obvious, but see a medical professional if it doesn’t get better soon.)