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Good morning, Quartz readers!
What to watch for today and over the weekend
The world greets its most expensive soccer player. Superstar Neymar will appear today at a press conference at 7:30AM ET, after Paris St-Germain bought the Brazilian forward from Barcelona for a [record-breaking â¬222 million]( ($261 million). The 25-year-oldâwho will now earn â¬865,000 per weekâwon seven major trophies in his four seasons at Barcelona. He makes his debut against Amiens at Parc des Princes on Saturday.
Rwanda goes to the polls. President Paul Kagame, seeking his third term, is expected to receive [more than 90% of the vote]( after a change to the countryâs constitution that [waived a two-term limit](. Amnesty International [has warned of]( a âclimate of fearâ in Rwanda under Kagameâs authoritarian rule.
Itâs US jobs day. Economists expect Julyâs employment report to add 183,000 jobs, with unemployment [ticking down to 4.3%](.
While you were sleeping
A Toyota-Mazda hookup promised US jobs. Japanâs most profitable company announced it was taking a 5% stake in Mazda, and the two will [build a $1.6 billion US plant]( to create 4,000 jobsâand develop electric vehicle technology. Domestic demand for Toyotaâs new models offset [a slowdown in the US]( and net profit for the quarter surged 11% to $5.6 billion.
RBS eyed Amsterdam as its new European home. RBS wants to set up its trading [base in the Netherlands]( after Britain exits the EU. The bank, which received a £45 billion ($59 billion) bailout during the financial crisis and hasnât turned a profit since 2014, [emerged from the doldrums]( in 2017âs first half. Today it posted a profit of £939 million for the six months ending in June.
Dubaiâs Torch Tower caught fireâagain. The [flames spread rapidly]( through dozens of floors in the worldâs 32nd tallest building, but authorities said no injuries were reported and the fire was put out. The blaze resembled the 2015 fire, which involved flammable panels. Similar cladding [contributed to the deadly June]( at Londonâs Grenfell Tower.
UK car sales skidded into a ditch. [Brexit uncertainty]( (paywall) is the fall guy for a 9% drop in new car registrations in July from the same time a year ago. Thatâs the fourth month of falling sales in a row. Meanwhile in the used car market, a surge in credit card borrowing and personal loans has driven up second-hand vehicle sales.
Donald Trump held a rally for his staunchest supporters. The president appeared to mock the Russian investigation [to crowds at]( a West Virginia rally, saying, âAre there any Russians here?â News emerged earlier in the day that special counsel Robert Mueller was setting up a grand jury to examine evidence of collusion between Trumpâs camp and the Kremlin during the 2016 presidential campaign.
Quartz obsession interlude
Isabella Steger and Soo Kyung Jung on the South Koreans gingerly embracing the âYOLOâ lifestyle: âKorean youth experience the same bleak feelings about their futures as people in other countries⦠But pressure from families and society at large to succeed is particularly grueling in Korea, and young people are starting to push back against these strict conventions in a serious wayâby staying single and seeking more âmeâ time.â [Read more here](.
Matters of debate
Why do women bully each other at work? âQueen beeâ behavior is [more common when]( the deck is stacked against women.
Trump-Russia collusion is not off the table. Two former CIA agents say the evidence thus far [is highly suspicious]( (paywall).
Swapping beef for beans could save the planet. It could get the US [a long way toward]( meeting ambitious emissions targets.
Quartz announcement
The great American road trip will look very different in 10 years. As truck driving becomes automated, the diners, motels, and stops that populate the main routes through middle America will become nothing more than nostalgic relics. [Explore this story]( and humanity's changing relationship with robots in our latest series [Machines with Brains](.
Surprising discoveries
Cyberheist proceeds are being laundered at the baccarat table. A Chinese duo that stole a cool $81 million from Bangladeshâs central bank [took their loot to a casino](.
A potato cartel jacked up the price of US french fries. A collective of growers used drones and satellites [to create âan OPEC of potatoes.â](
Apple owns more T-bills than Mexico or the Netherlands. The companyâs US Treasury holdings [are worth $52.6 billion](.
Researchers are using vibrators to determine the sex of turtles. The devices quickly [create a visible reaction in males](.
A cannabis startup wants to buy an entire California town. American Green, a self-described âseed-to-sale innovator,â thinks it can [turn Nipton into a stonerâs paradise](.
Our best wishes for a productive day. Please send any news, comments, baccarat tips, and anti-competitive french fries to hi@qz.com. You can follow us[on Twitter]( for updates throughout the day or download[our apps for iPhone]( and[Android](.
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