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Financial Times

Uber makes Chinese U-turn with Didi deal: This time last year, Uber’s chief executive Travis Kalanick was on the road raising money for Uber China, seeking to conquer a market that he called “one of the largest untapped opportunities for Uber”. Mr Kalanick was personally overseeing Uber’s growth in China and travelled there extensively, spending nearly one in five days in the country last year. He announced plans for Uber to expand to 50 cities, and then to 100. However, Uber’s abrupt decision to sell its Chinese unit to its rival Didi Chuxing highlights the extremely costly battle that was raging behind the scenes. Both companies were pouring money into subsidies for drivers and riders to gain market share, with Uber spending more than $1bn annually.

The Guardian

Trump calls Clinton ‘the devil’ and suggests election will be rigged: Donald Trump has claimed that there is a possibility of the US presidential election being “rigged” as he tried to divert attention away from a disastrous week for his campaign by also labelling his rival Hillary Clinton as “the devil” and praising the primary opponent of Republican speaker Paul Ryan. The Republican nominee has in the past few days faced a barrage of criticism following his controversial comments about the Gold Star parents of a Muslim soldier killed in Iraq. In response to an emotional attack on him by the parents of 27-year-old army captain Humayun Khan, who died in a suicide bombing, Trump had claimed to have made sacrifices equal to their son. A range of figures and organizations from across the political spectrum from John McCain to Barack Obama to the Veterans of Foreign Wars have criticized him for his comments.

The Economist

The future of printed electronics is on a roll: Making things with 3D printers is an idea that is being adopted by manufacturers to produce goods ranging from false teeth to jet engines. Conventional printing, though, has not remained idle. Machines that have their origins in the high-speed rotary presses that apply words and images to large reels of paper, like the ones which turn out the physical versions of this newspaper, have started making other things as well. The extent of this transformation can be seen at a factory in Accrington, a town in one of Britain’s former industrial heartlands, Lancashire. Here, Emerson & Renwick, founded in 1918, has expanded beyond its formative business of making wallpaper-printing equipment. The latest piece of kit to which the finishing touches are being added is part of the firm’s Genesis range. It is about the size of a shipping container and is designed to coat and print electrical devices. Like a conventional printer it does so on long rolls of material, called webs.

New York Times

As ISIS Threat Looms, U.S Guides Brazil on Security: Worried about possible terrorist attacks at the Olympics in Rio de Janeiro, Brazil’s government is working closely with American law enforcement and intelligence services to identify threats and thwart potential disasters at the Games. Despite its notorious battles with violent crime, Brazil has largely been spared the kind of brazen terrorist attacks that have rattled much of the world in recent years, with Brazilian officials long playing down the nation’s vulnerability to homegrown extremism. But jihadists are calling for mayhem at the Olympics, building on a wave of killings in Europe, the United States and elsewhere over the last year, including the massacre of 130 people in Paris and “lone wolf” attacks inspired by the Islamic State, that has raised broad fears about Brazil’s security preparations for the Games. 

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