1. It’s North Korea’s biggest day tomorrow, the anniversary of its founding. An ICBM has been spotted on the move and CNN reckons this time it could be fired “at an ordinary angle”. That could mean it will fly over more countries than just Japan. But if that means it would also bring it into range with US anti-missile systems, surely the best reply would be for the US to test bring it down with a test anti-missile missile? That would be fun.
2. Hurricane Irma demolished 90% of Barbuda. Gaston Browne, prime minister of the dual-island nation of Antigua and Barbuda, described the island as “a rubble”:
And Richard Branson says Necker Island faces a long rebuilding process. He emerged safe from his wine cellar, even though the windows and doors were blown 12 metres away.
3. Citi analysts just put out a note to clients this week saying Amazon in Australia has already placed its first orders with suppliers. That suggests a pre-Christmas launch is likely. “We would expect a formal launch to occur sometime in October 2017, ahead of Black Friday on 24 November,” team leader Bryan Raymond and his team said.
4. Double-deckers are out. You can ride now a driverless shuttle bus around East London right now. But if you want proper British elegance with an all-electric drivetrain, save up for the e-version of the most beautiful car ever made. Jaguar last night took the wraps off a 1968 Series 1.5 Jaguar E-Type Roadster at its Tech Fest event:
And even though it’s Indian-owned now, that really is a 1968 Series 1.5 Jaguar Roadster which you can buy and which pulls from 1-100km/h in 5.5 seconds.
5. To markets, and the euro roared as ECB president Mario Draghi refused to talk it down and confirmed plans to taper the bank’s bond purchasing program in October. A surge in jobless claims after Hurrican Harvey helped drive the US dollar down further, putting the Aussie within touching distance of fresh highs. The ABS has housing finance figures and RBA governor Philip Lowe will give a speech in Sydney this evening.
6. The podcast is in. This week, we’re joined by Stephen Koukoulas of Market Economics and Tapas Strickland of the National Australia Bank to discuss Australia’s GDP report, the outlook for the Australian dollar and interest rates, along with the greatest risks posed to the global economy in late 2017. Also, footy finals. You can find the show on iTunes, or listen in below:
Want to tap into our bigger picture? Sign up for our new service, Business Insider Research, and get daily briefings and regular reports from Australia, as well as free access to reports from our US research service, BI Intelligence.
7. The Greatest Of All Time? Not quite, but GOAT Lyon took out of one Shane Warne’s best records as Australia swept aside Bangladesh to win the Second Test last night. The Adelaide groundsman took the match figures of 13-154, one better than Warne’s career-best 12-for, but one short of the Australian record of 14 held by Clarrie Grimmett. He also saved Australia from tumbling to sixth in the world Test rankings.
8. Atlassian is replacing HipChat with Stride. The $US8bn Aussie startup has rewritten its workplace chat app from the ground up to look like this:
It’s probably not a coincidence that Atlassian competitor Slack is holding its first user conference in San Francisco on Monday. Here’s a rundown of what Stride can do for your workplace.
9. US president Donald Trump is receiving praise from unlikely sources, such as Mark Cuban, for cutting a deal with the Democrats that keeps a debt ceiling decision on the table and sends $US15 billion in relief to Hurricane Harvey victims. Just quietly, it also sets up a nice little precedent in case his Mar-a-Lago resort gets hit by Irma. Questions still remain over how much, if any, of a $US17 million insurance payout was spent on the resort after Hurricane Wilma hit it in 2005. And Trump’s $US17 million, 11-bedroom estate on St Martin has possibly already been destroyed.
10a. Since Friday is [email protected] people day, here are some stories from the careers of six concierges at world-renowned hotels about the kind of requests they have to deal with, like planning $US15,000 weddings for dogs and lining a room with plastic sheeting for 25 finches.
10b. And the world’s most hated pharma bro Martin Shkreli has more than 300 bids on the Wu-Tang Clan album he bought for $US2 million. It’s gone from $US250,000 to over $US1 million in 48 hours, so still some way to go yet:
But whatever you think of Shkreli, you have to admire his patience in answering six pages of hilarious, insulting, bizarre and outright offensive questions from prospective buyers.
BONUS ITEM: This makes my tummy unhappy, but you might like it:
Have a great weekend.
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