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3 Noticias economicas ingles

BHP aims to ease tribal tensions over US copper project with Rio

Financial Times Markets - Jue, 10/14/2021 - 16:04
Miner seeks direct talks as partner struggles to regain indigenous landowners’ trust

BHP aims to ease tribal tensions over US copper project with Rio

Financial Times Companies - Jue, 10/14/2021 - 16:04
Miner seeks direct talks as partner struggles to regain indigenous landowners’ trust

As Inflation Rises, Beware of the Money Illusion. It May Cost You a Lot.

The Wall Street Journal Markets - Jue, 10/14/2021 - 16:00
People often focus on the actual amount of money they earn or spend, rather than its purchasing power.

Toyota Is Accused of Using Stolen Motor Technology in Rare Lawsuit

The Wall Street Journal Business - Jue, 10/14/2021 - 15:50
A longtime Toyota supplier, Nippon Steel, alleges the car maker and a Chinese supplier, Baoshan Iron & Steel, infringed on its patent on material used in steel sheets that make up Toyota engines.

Fund to Let Retail Investors Bet on Early Tech Startups

The Wall Street Journal Markets - Jue, 10/14/2021 - 15:45
Regulators typically limit the purchase of private shares to individual investors with a net worth of more than $1 million or annual income above $200,000.

Morgan Stanley, Citigroup, Plug Power: What to Watch in the Stock Market Today

The Wall Street Journal Markets - Jue, 10/14/2021 - 15:40
Bank of America shares gained after its earnings report; Alcoa shares were following aluminum prices higher.

When it comes to messaging privacy, WhatsApp now beats Apple thanks to end-to-end encrypted backups

Fast Company - Jue, 10/14/2021 - 15:32

WhatApp just announced it has launched the much-anticipated ability to back up chats that remain fully end-to-end encrypted to Apple’s iCloud and Google Drive. Prior to today’s rollout of end-to-end encrypted backups, when WhatsApp messages were backed up to iCloud or Google Drive, the messages could be accessed by Apple or Google under certain circumstances when the companies were compelled to do so by law enforcement.

But with WhatsApp now offering the ability to back up messages to the cloud that remain fully end-to-end encrypted, no one but the user can ever read those backed-up messages no matter what. In a blog post announcing the rollout of the much-anticipated privacy and security feature, WhatsApp said:

“While end-to-end encrypted messages you send and receive are stored on your device, many people also want a way to back up their chats in case they lose their phone. Starting today, we are making available an extra, optional layer of security to protect backups stored on Google Drive or iCloud with end-to-end encryption. No other global messaging service at this scale provides this level of security for their users’ messages, media, voice messages, video calls, and chat backups.

You can now secure your end-to-end encrypted backup with either a password of your choice or a 64-digit encryption key that only you know. Neither WhatsApp nor your backup service provider will be able to read your backups or access the key required to unlock it.”

The rollout of end-to-end encrypted backups does have one potential downside: since no one but the user can now decrypt their backed-up messages, if they should forget their password or encryption key there would be no way the user could unencrypted their backed-up messages. But that’s the tradeoff for anything that is fully end-to-end encrypted.

Today’s news also means that the Facebook-owned messaging app is even more private and secure than Apple’s own Messages app. While Apple encrypts iMessages that are backed up to a user’s iCloud account, Apple continues to hold the key, which means they could be ordered to decrypt a user’s iCloud backup and hand the messages over if compelled to do so by legal bodies. So far Apple has resisted calls to end-to-end encrypt iCloud or Messages backups, but perhaps now that WhatsApp is offering end-to-end encrypted backups, Apple may finally decide to do the same.

WhatsApp notes that while it’s rolling out the end-to-end encrypted backups feature starting today, it will be a phased rollout, which means some users may not see the option for a while.

More than 10,000 John Deere workers are on strike

Fast Company - Jue, 10/14/2021 - 15:15

More than 10,000 unionized John Deere workers are on strike as of the night of October 13, 2021, after rejecting a contract proposal from the farm manufacturing company, marking the largest U.S. strike in two years.

Members of the United Automobile, Aerospace and Agricultural Implement Workers (UAW) union say they are striking against Deere & Company, the corporation that makes the John Deere brand of products, for higher wages, improved retirement and healthcare benefits, and a better work environment.

The strike deadline was announced earlier this week after union members overwhelmingly voted down a tentative agreement reached between the union and the company, with 90% rejecting the proposal. “Our members at John Deere strike for the ability to earn a decent living, retire with dignity and establish fair work rules,” Chuck Browning, vice president and director of the UAW’s Agricultural Implement Department, said in a statement. The company said in a statement that it is “determined to reach an agreement with the UAW that would put every employee in a better economic position.”

While John Deere’s profits grew 60% in recent years, including a 160% salary increase for its CEO during the pandemic, workers say their wages have been cut, Good Morning America reported. In the third quarter of 2021 alone, John Deere reported a net income of $1.6 billion, and forecasted full-year earnings of up to $5.9 billion. Workers hired after 1997 have also seen their out-of-pocket health care costs rise, LaborNotes reports, and have lower pensions than those workers hired before 1997. “UAW John Deere members have worked through the pandemic after the company deemed them essential, to produce the equipment that feeds America, builds America and powers the American economy,” UAW President Ray Curry said in a statement.

The strike includes more than 10,000 workers at 14 facilities. It’s the largest strike in the U.S. in two years, since nearly 50,000 UAW members were on strike against General Motors for six weeks in 2019, but it’s just one in a series of labor actions by workers across the country amid the turmoil of the pandemic. (CNN reports that the U.S. Labor Department says the number of strikes this year is actually fewer than the same period in 2019, before COVID-19. Still, workers have continued to call out labor practices, even quitting in droves, after working throughout the pandemic.)

Last week, more than 1,000 Kellogg workers went on strike, and workers with the International Alliance of Theatrical Stage Employees (IATSE), which represents some 60,000 film and television employees, overwhelmingly voted to authorize a strike. On October 11, 24,000 Kaiser Permanente workers also voted to authorize a strike over pay and working conditions in the health sector, and 2,000 hospital workers in Buffalo have been striking since October 1.

Parts supplier Rubix set for largest London industrial IPO in a decade

Financial Times Markets - Jue, 10/14/2021 - 15:12
Listing of company will provide boost to market after other floats were pulled

Parts supplier Rubix set for largest London industrial IPO in a decade

Financial Times Companies - Jue, 10/14/2021 - 15:12
Listing of company will provide boost to market after other floats were pulled

Top scientists want you to help them locate walruses in the Arctic before it’s too late

Fast Company - Jue, 10/14/2021 - 15:04

With climate change continuing to threaten the Arctic in new and terrifying ways, a group of top scientists and conservationists is trying to recruit half a million “walrus detectives” from across the planet to help them carry out a “walrus census.” The World Wild Fund for Nature and the British Antarctic Survey have partnered with space tech company Maxar Technologies to launch the “Walrus from Space” project, which is effectively a crowdsourced search for walruses along the Arctic’s Laptev Sea. The research is predicted to take four years to complete, and will require scientists and the public to scour thousands of high-res images for signs of these whiskery, tusked Waldos.

How hard is it to find two-ton mammals that lay on beaches in large colonies? you may wonder. The British Antarctic Survey’s Hannah Cubaynes—whose official job title is Wildlife from Space Research Associate—explains that using traditional methods to assess walrus populations isn’t effective because the creatures actually “live in extremely remote areas, spend much of their time on the sea ice, and move around a lot.” Her group’s solution to this problem was to collect satellite imagery from the areas where walruses live, and go through them one by one. That project would be far too massive for their team alone, so Cubaynes adds: “We need help from thousands of citizen scientists to help us learn more about this iconic animal.”

Although walruses play a vital role in the Arctic ecosystem, scientists admit they aren’t sure how many exist along the coastline of Russia’s inaccessible Laptev Sea, which measures almost 10,000 square miles—almost as big as Massachusetts, to give you an idea of this task.

The WWF says the project is crucial because, like every other animal up there, walruses are feeling the effects of climate change in the Arctic, which is warming almost three times faster than the rest of the world. Walruses need sea ice to rest, breed, and eat. But sea ice is melting, and the organization says once the problem gets serious enough, the walruses will have to relocate to land, which will likely cause overcrowding and require them to expend vast amounts of energy to get their food from the ocean.

Eagle-eyed walrus detectives can join the hunt by visiting wwf.org.uk/walrusfromspace, where they’ll be asked to create an account, then complete a training module before getting started.

Six dead in Beirut after snipers open fire on Hizbollah-led rally

Noticias del Financial Times (Ingles) - Jue, 10/14/2021 - 15:01
Worst violence in years as tensions rise over probe into 2020 explosion that devastated Lebanon’s capital

Six dead in Beirut after snipers open fire on Hizbollah-led rally

Financial Times World - Jue, 10/14/2021 - 15:01
Worst violence in years as tensions rise over probe into 2020 explosion that devastated Lebanon’s capital

Evergrande-exposed fund house Ashmore suffers fall in assets

Financial Times Markets - Jue, 10/14/2021 - 14:52
UK group is one of the biggest international investors in struggling Chinese property developer

Evergrande-exposed fund house Ashmore suffers fall in assets

Financial Times Companies - Jue, 10/14/2021 - 14:52
UK group is one of the biggest international investors in struggling Chinese property developer

Entry into S&P 500 could be influenced by ratings sales, research suggests

Financial Times Markets - Jue, 10/14/2021 - 14:36
Benchmark index says academic paper alleging links between the list and credit ratings is ‘flawed’

Junk Loans Shine as Investors Pile Into Riskiest Parts of CLOs

The Wall Street Journal Markets - Jue, 10/14/2021 - 14:33
The riskiest securities tied to collateralized loan obligations returned over 29% to investors through August, beating major stock indexes.

Citi and Morgan Stanley ride dealmaking wave lifting Wall Street

Noticias del Financial Times (Ingles) - Jue, 10/14/2021 - 14:27
BofA also benefits as M&A boom helps US lenders overcome low interest rates and weak loan demand

IKEA Struggles to Stock Shelves Amid Supply-Chain Woes

The Wall Street Journal Business - Jue, 10/14/2021 - 14:25
The world’s largest furniture seller said a significant share of its products are missing from store shelves around the world, with many of its flatpacks and houseware items sitting idle at warehouses waiting for trucks.

Battles over patents can be productive

Financial Times Technology - Jue, 10/14/2021 - 14:12
Abolishing the system may be tempting but it remains the best way of rewarding inventors and disseminating knowledge

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