And is expected to meet National Security adviserjake sullivan. Blinken told the Un Security Council on tuesday that he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements on other issues, including trade. Earlier this week, beijing restricted the exports of graphite, of which it produces 90 of the worlds supply. Graphite is a Critical Metal used in many products including electric cars. The us responded by advising its top tech firms which included nvidia to stop exporting some of their latest ai products to china. Soaring demand for its chips has driven nvidias share price up by more than 200 over the past year, with china being its leading buyer. Joining me now is rory green, chief china economist, and head of asia research, at ts lombard. Thanks for being with us today. What you expect to come out of these talks . ,. ,. , you expect to come out of these ta
Engines, Nuclear Power plants for submarines, defence and civil aerospace, and the problem they have identified is that it is underperforming relative to its peers, so when he came into thejob he promised to shake things up, and what he wants to do is take the three big divisions that make up rolls royce, civil, aerospace, defence and a Company Called Power Systems in germany that makes large engines, and bring them close together, rationalise them, meaning there will be a lot of duplication in back Office Functions that can be got rid of, so that is where we expect the job cuts to happen, other parts of the business, its Nuclear Submarines business, we dont expect cuts there, and in civil aerospace, people who make engines, a lot of those job cuts will trend back during the pandemic, in fact rolls royce is now recruiting in those areas so that is unlikely to feel a big impact, those areas so that is unlikely to feela big impact, one of those areas so that is unlikely to feel a big imp
Have just voted in in centerright government. Annabelle i am Annabelle Droulers in hong kong, we are counting down to asias major market opens, in australia have just come online. Shery i am shery ahn in new york. The top stories. Asian stocks set for losses, as the prospect of a ground offensive in gaza is large of a market. The u. S. Warns iran against escalating the war between israel and hamas. Washington and its allies stepping up efforts to prevent a wider conflict. And the baited administration is set to tighten measures to curb chinas access to advanced chip tech, adding design firms to a restriction missed. Adding design firms to a restriction missed. Annabelle asx 200 had just come online. We will see how it starts to trade. Really the focus as you said in the headlines is all around the flight to safety. It started to kick off in the session on friday. The question is whether it is extending into the start of another trading week given the prospect of another ground offensiv
The minister of defense also inspected the workshops where the an124100 aircraft are repaired and maintained. Ulyanov is rightly called the Aviation Capital of the country, produced by the aviastar company, the air giants have no analogues in the world in terms of flight range maximum Load Capacity and cargo cabin dimensions, new engines produced in perm expand the capabilities of domestic aviation. According to the contract, which is carried out for 60 engines in 3 years , they planned the delivery of this. We have the same engine, as an option we have modified, there are two options worked out, either the modernized d18 or the development of the opd, yes, Sergei Shaigu held a working meeting with the leadership of the United Aircraft Corporation and the relevant Central Military command bodies discussed the state and prospects for the development of military transport aviation. An extremely important issue for today is the state. Increasing the capabilities of military transport avia
Shery you are watching daybreak asia live from new york, sydney, and hong kong. Annabelle asia is major market opens. Haidi a big week with centralbank decisions in focus and the dollar is slightly weaker in monday trade. Michelle bullock is taking charge of the rba. Fresh tests ahead for Country Garden with deadlines for bonds. Shery u. S. Futures with a little upside after stocks fell in new york on friday. S p 500 had a weekly loss and nasdaq 100 fell 2 . We are watching many things including triple witching options expirations and anxiety over the fact we do not know how long the auto sector strike will continue and data showing new york and you fracturing unexpectedly expanded with treasury yields gaining across the board with two year yields holding at the highest level in 16 years and Oil Prices Continue extending gains over 90 a barrel after three weeks of gains already it is the supply outlook and reports we got last week including from opecplus that we might see a deficit for