GBP News 

Advertising agency clients don’t want all-white teams for global campaigns

“The days when white, male, middle-class teams of ad men would run marketing campaigns are now firmly the domain of the 1960s-set TV show Mad Men, according to U.K. advertising industry heads” writes Adam Eveddb for cnbc.com. The U.K.’s Advertising Association (AA) has this week launched a campaign showing its cultural diversity, highlighting ad industry workers from parts of Europe as well as Egypt, Korea and Sri Lanka, urging Brexit decision-makers to let employees move freely between the U.K. and the European Union (EU). The campaign launches alongside its “Advertising…

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News 

Wildfires expose glaring risk in legal cannabis: lack of insurance

“The devastating California wildfires of 2017 have exposed a glaring risk in newly legal cannabis: rampant lack of insurance, underinsurance, and terrible insurance policies among growers and other industry operators” writes David Downs for greenstate.com. Cannabis industry losses are estimated to reach into the hundreds of millions to more than a billion dollars, industry experts say. “We’re going to see a big conversation surrounding the cannabis industry moving forward based on this tragedy,” Drayton said.You need to look at a policy — whether it’s a homeowner’s policy or a property…

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News 

Taiwan Ministry Expresses ‘Deep Concern’ About Qualcomm’s Antitrust Fine

“That followed a $975 million fine from Chinese regulators in 2015” writes Min Read for reuters.com. In December, South Korean regulators fined Qualcomm $854 million for violating competition law.REUTERS/Mike Blake/File Photo TAIPEI (Reuters) – Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc (QCOM.O), in a rare public display of disagreement between authorities.Taiwan’s Fair Trade Commission (FTC) fined Qualcomm last week, saying the U.S. chipmaker had abused its monopolistic position by opting against licensing some modem-related technologies to other…

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News 

Akzo Nobel earnings fall 13% on headwinds, FX hit

“Paint and specialty chemicals company Akzo Nobel N.V. AKZA on Wednesday reported a 13% drop in third-quarter adjusted earnings before interest and tax, citing industry headwinds and unfavorable foreign-exchange conditions” writes Oliver Griffin for marketwatch.com. The company also reported that net profit dropped to EUR216 million from EUR285 million in the year-earlier period.The Dutch company, which owns brands including Dulux, Sikkens and Interpon, said that adjusted Ebit, the company’s operating income excluding certain items, for the quarter ended Sept. 30 was 383 million euros ($450.6 million) down from EUR442 million…

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News Oil 

Canada natural gas emissions far worse than feared

“In one region dominated by heavy oil wells, researchers found that the type of heavy oil recovery used released 3.6 times more methane than previously believed” writes Ashifa Kassam for theguardian.com. However, they found that only 6% of methane emissions in this region were from industry-reported sources, with the remaining emissions, known as fugitive emissions, from unreported sources such as unintentional equipment leaks.The findings excluded mined oil sands, which are believed to be responsible for about 11% of methane emissions.The pioneering peer reviewed study, published in Environmental Science & Technology…

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News 

70 Percent of Musicians Say They Have Suffered From Anxiety or Depression. What’s Next?

“How do we quantify the weight of mental health issues in the music industry and, more crucially, how can we move from data to action?” writes Cherie Hu for billboard.com. Even more concerning, 57 percent of those respondents who reported struggling with mental health did not receive treatment and 53 percent reported that it was difficult to find help.Help Musicians UK (HMUK), the United Kingdom’s leading independent music charity, strives to answer this question with the second installment of its mental health study Can Music Make You Sick?, which was…

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Markets News 

UBS: AI is growing like crazy — and these chip makers are set to dominate the industry

“Nvidia and Intel are the only two companies Chin sees as having a solution for every part of the current AI market” writes Seth Archer for businessinsider.com. The autonomous car space could be a huge market for chip makers, coming in just behind data centers, said Chin.Computer chip makers have realized this, and are currently in a race to provide the chips that can power current and future AI systems.The companies that can provide the best chips for that growing market stand to benefit from the sector’s explosive growth. Source: businessinsider.com Share…

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Coding bootcamp’s $375,000 settlement highlights challenges for new industry

“The settlement comes as the coding bootcamp industry is facing a reckoning” writes Jillian Berman for marketwatch.com. A new deal between the New York Attorney General, Eric Schneiderman, and The Flatiron School, a well-established New York City coding bootcamp, highlights the challenges faced by the industry and by officials trying to regulate it.Flatiron will pay $375,000 over claims the school operated without a license and improperly advertised its job placement and graduate rates.When the industry first began ramping up about four or five years ago, individual bootcamps would publish metrics…

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News 

Explosive ‘60 Minutes’ investigation finds Congress and drug companies worked to cripple DEA’s ability to fight opioid abuse

“The Ensuring Patient Access and Effective Drug Enforcement Act was passed in 2016 to improve enforcement around prescription drug abuse and diversion” reports businessinsider.com. Drug distributors – of which the three biggest are Cardinal Health, AmerisourceBergen, and McKesson – are in charge of shipping drugs around the US to pharmacies and hospitals.In recent years, the Drug Enforcement Administration has cracked down on distributors when they’re sending too many opioids to a particular location.But in 2016, Congress passed a law that made it harder for the DEA to carry out those…

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News 

City warns transition deal ‘disappearing by the day’ as May heads to Brussels 

“With patience wearing thin, industry lobby group TheCityUK has published a summary paper formally outlining its concerns surrounding a transitional deal” writes Lucy Burton for telegraph.co.uk. Britain’s finance industry has warned that the value of a post-Brexit transition deal is “disappearing by the day,” repeating its call for action as Theresa May prepares for a crucial meeting with European leaders. “This isn’t just about business leaving the UK. It is about the very high risk of jobs, capital and inward investment leaving Europe entirely,” said Miles Celic, the chief executive of TheCityUK.The finance sector has…

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