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June 30, 2024
Of the biggest trade disputes in history. Tech earnings avalanche with microsoft, facebook, alibaba, alphabet, and amazon reporting. It is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Investors are betting on an expansion in corporate earnings. Asia up 8 this year. Let me show you the broader market. Let me give you a quick tour, asian equity session higher, led by the kospi. China down 1. 2 . To theto your attention Foreign Exchange sp...
June 30, 2024
All right, this is a shock or block week. But thisa note that suggests that these markets are moving high. Becausehave good reason earnings have been so impressive so far, really big ones dominating the agenda this week. Ish, we are looking at crucial levels when it comes to stocks in hong kong. Rishaad absolutely, looking at what happened with these shares, these Chinese Companies trading in hong kong. We want to bring up gb tv 9440. Investors bid for these underperformers. This is a third of t...
June 30, 2024
Sedition charges. Pope francis said today that countries have a responsibility to fight antisemitism and the quote virus of indifference that threatens to erase the memory of the holocaust. Popes remarks come as the largely Roman Catholic poland considers legislation that would pulllaming bullocks climate thehe crimes of the holocaust. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. In hongits 1 00...
June 30, 2024
Scene on january 3rd and that circle there, you see that, the yellow circle, he says that is a gun that was being held or wrestled for by the suspect, tindle. He walked out, the chief did to discuss the interpretation. The people who released the video yesterday says it shows that tindle was shot in the back while he was helpless. The chief said the officer responding to that upon getting shot saw what he believed to be a gun and he warned or at least said several times, put your hands in the ai...
June 29, 2024
And el chapo, his wife delivered his child in america, thats called an anchor baby and speculations are running wild about the help he must have had to get out of a maximum security prison. There are no summer doldrums. Facebook, netflix their stock is powering healed. Here comes donald trump. Varney company is about to begin. I am confident that this deal will meet the National Security interests of the United States and our allies. So i will veto any legislation that prevents the successful im...
June 29, 2024
Of its creditors, including the imf and the European Central bank did greece got a alone last week after parliament agreed on new austerity measures. In the meantime, great thanks reopened for the first time in three weeks,. There are still limits on withdrawals overseas. Merkel is suggesting that greece cant get limited debt relief. She ruled out a haircut on greek debt. A classic haircut of Debt Forgiveness of 30 cannot happen in the currency union. It may happen outside, but not within. Erik ...
June 29, 2024
Anna welcome to countdown. Ryan we will be talking to the ceo of this swiss drugmaker later in the day. Just missing sales the estimate on sales coming in at just over one billion swiss francs. The expectation from analysts was 1. 3 billion. Anna the swiss drugs giant considering reporting what they call a good Second Quarter. That number is for the Second Quarter and that is actually 12. 69 billion compared to 12. 7 2 billion that was the forecast. A touch shy or broadly in line with analyst es...
June 29, 2024
Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Ye...
June 29, 2024
Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure w...
June 29, 2024
Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us ...