Cameron’s last supper, stocks rebound, England brexits European soccer

[Quartz - qz.com] Daily Brief sponsored by Good morning, Quartz readers! What to watch for today EU leaders meet to discuss a post-Brexit Europe. The European Council gathers for two days of meetings in Brussels on the consequences of the UK referendum, with British prime minister David Cameron joining for [an awkward “last supper”] on Tuesday evening. Germany, France, and Italy have [refused to negotiate] the details of the UK’s exit until it officially starts its departure from the union. Jeremy Corbyn faces a no-confidence vote. The [leader of the UK’s opposition] Labour Party has been heavily criticized for running a lackluster campaign to remain in the EU; he suffered a mass exodus of his shadow cabinet since the weekend. Corbyn insists he’ll lead the party through a general election. Nike faces a steep climb. The athletic wear giant is struggling with a weakening apparel market [and tougher competition] (paywall), and is expected to post a 6% decline in earnings. The results could affect the race by three Nike executives to [succeed CEO Mark Parker]. Sponsor content by XEROX How data will make you healthier. Analytics improve disease treatment outcomes and care provider efficiency. But these applications are only the beginning: Healthcare organizations are [hard at work] developing ways for data to improve your health on a daily basis.[Advertisement] While you were sleeping The UK led global stocks higher. British shares on the FTSE 100 index rose over 2% in early trading, with [banks and travel stocks] leading the rebound. The index plunged more than 5% in the two days after the Brexit referendum, wiping over $130 billion off the value of the country’s blue-chip companies. German and French shares also gained, while Asian stocks were a mixed bag. The British chancellor doesn’t want to be the next prime minister. George Osborne, [once tipped to succeed David Cameron] and a strong advocate for remaining in the EU, ruled himself out, saying the Conservative Party had become too divided. Airbnb sued San Francisco. The holiday-rental platform [wants to block a law] that would force it to remove listings from unregistered hosts or face hundreds of thousands of dollars in fines. It complained that the city is violating federal law by holding it accountable for unregistered apartments. South Korea cut its growth forecast and announced a $17-billion stimulus package. The government [cited uncertainty from Brexit] and restructuring in ailing industries like shipbuilding. That follows the finance ministry’s surprise move earlier this month to cut interest rates [to a record low]. The flight data recorder of EgyptAir MS804 was repaired. Now investigators will be able to analyze data that might explain [why the jet plunged] into the Mediterranean last month en route from Paris to Cairo, killing all 66 people on board. Quartz obsession interlude Joon Ian Wong on the cities vying to replace London as Europe’s startup capital. “Besides Dublin, there’s Berlin, already home to successes including Rocket Internet and Soundcloud; Amsterdam, which has spawned the major payments player Adyen; and Stockholm, with Spotify and Minecraft’s maker, Mojang.” [Read more here]. Matters of debate Barack Obama should pardon Edward Snowden. The president would improve his own legacy [by allowing the whistleblower] to return to the US. Brexit offers a lesson for Hillary Clinton. Don’t neglect [your young voters]. Early puberty isn’t just awkward. Girls whose bodies mature before their teen years are [at higher risk] of breast cancer, depression, and heart disease. Surprising discoveries England left Europe again—and Brexit supporters were heartbroken. The country’s soccer team [was beaten by tiny Iceland], playing for the first time and coached by a dentist. Beijing is slowly collapsing. Excessive water pumping has [emptied out the city’s aquifers]. Marijuana shops are more lucrative than Whole Foods. Based on revenue per square foot, edibles may be [more profitable than groceries]. MIT trained an AI to predict sitcom high-fives. It can also analyze any scene for expected [hugs, handshakes, and fist-bumps]. Barack Obama may have a future career in venture capital. Silicon Valley is [salivating over the idea]. Our best wishes for a productive day. Please send any news, comments, AI sitcom analytics, and Icelandic heroes to [hi@qz.com]. You can download [our iPhone app] or follow us [on Twitter] for updates throughout the day. Want to receive the Daily Brief at a different time? [Click here] to change your edition. To unsubscribe entirely, [click here]. Like us on [Facebook] and follow us on [Twitter]. Quartz | 675 Avenue of the Americas, 4th Fl | New York, NY 10011 | United States