Klips for 13th June

Kim-Trump meet: Trump promises to end war games
– Says ‘provocative exercises’ cost US a lot of money
– Joint statement: promise to work towards ‘denuclearisation’ of Korean Peninsula

AT&T wins court case challenging $85bn acquisition of Time Warner
– Trump’s gov tried to block deal
– Ruling like to have cascading effect for other large deals

Industrial output rises 4.9% in April

NCLT admits Videocon for insolvency proceedings (CIRP)

US Fed likely to raise interest rates today

Tesla lays off 9% of workforce

Xiaomi sales grow 88% globally
– 3/4ths of its $18bn sales come from mobile phone sales
– Company set to launch biggest IPO
– Company likely to raise $10bn, valuing it between $70-100bn

Uber launches Uber Lite, by India for India
– Lite version of original app
– Size only 5MB

Interesting
Women in Saudi Arabia rev up motorbikes
http://www.thehindu.com/news/international/women-in-saudi-arabia-rev-up-motorbikes/article24146888.ece

Uber applies for patent to determine how drunk riders are
https://www.bbc.com/news/technology-44452259

Opinion
Asian Games
http://www.thehindu.com/opinion/op-ed/asian-games/article24146163.ece

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Klips for 12th June

Petrol, Diesel demand at record highs in May
⁃ This is despite record high fuel prices
⁃ Diesel 7.55mn ton Petrol 2.46mn ton
⁃ Passenger vehicle sales rose 20%


Bullet train project hits land acquisition roadblocks, likely to miss Dec deadline
⁃ Project funded largely by JICA through 50yr loan
⁃ Govt has offered 25% premium to market value
⁃ Japanese companies to supply 70% ofcomponents


‘Fair trade, fool trade’ – Trump continues ‘tweet war on trade’


Rolls-Royce to cut 4000 jobs due to engine problems
⁃ Trent engines in Boeing 787 Dreamliner ‘not lasting as long as expected’


Robert De Niro fires ‘F bomb’ against Trump
⁃ ‘It’s no longer down with Trump, it’s F Trump’
⁃ Said this on live TV at award function
⁃ Received standing ovation


WhatsApp to label messages as ‘Forwarded’ to keep spam in check


Interesting
What is Dolby Atmos? Explained in brief
https://www.howtogeek.com/355302/what-is-dolby-atmos/amp/

How to Pose for a Photograph
https://nyti.ms/2LJdNrF


Editorial
To the brink and back
http://www.thehindu.com/opinion/op-ed/to-the-brink-and-back/article24137866.ece


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