Economic collapse after 2 weeks of mass protests michel aoun calls for a government of experts for just 2 years the country out of crisis plus their arms are there on the front lines and theyre all women to meet zimbabwes female only antipoaching you. Im called aspen welcome to the program we begin with a historic vote in the United States democrats in the house of representatives have taken a major step in their efforts to impeach President Donald Trump voting to move forward with their investigation the resolution sets out the ground rules that lawmakers will use moving the process from closed door sessions into the public eye. The weather on capitol hill couldnt have been more symbolic the vote in the house of representatives means an uncertain future to the Trump Presidency with 232 yes to 196 nays the democratic controlled house adopted a resolution allowing more transparency in the impeachment inquiry the vote came after a heated debate this is soviet style rules maybe in the sov
Protesters in hong kong, saying the nba has acted like a subsidiary of chinas communist party. Bogard onn bulgari. We bring you our exclusive interview from shanghai. Shery later, we bring you more on amazons after hours stock plunge, but first, lets get you started with a quick check of markets. We see u. S. Futures unchanged at the moment after we sawtek shares leading the gains on the s p 500 which closed above that 3000 level. We had Semiconductors Leading the gains. The Philadelphia Semiconductor index gaining 2. 5 after we got a positive outlook coming out of lam research. The dow, though, underperformed. Had three of we results showing the Global Industrial slump we are seeing is really weighing on the company. Of course, this just part of a raft of earnings we got today including microsoft and tesla gaining on solid earnings, and as we said earlier, amazon plunging after hours, so we will dissect all of those numbers later in the show, but first, lets get you started with a qui
As american firms in china admit they are taking a hit from the ongoing trade war. And this is how the trading day has started in europe. Optimism in the air that governments, particularly germany, and Central Banks are about to invest to avoid a recession. Analysis on that and all these stories coming up for you shortly. And well be getting the inside track on learning english in a Virtual World from a boss who began in venezeula. And with thousands of shops closing here in the ukjust in the first half of this year, today were asking what it takes to get people back into their local shops. Perhaps the London Department store selfridges has the answer after it announced its opening a cinema. Let us know your thoughts. Just use the hashtag bbcbizlive. Perhaps it could be something as simple as free parking hello and welcome to business live. The worlds biggest tech giant apple has launched a new suite of products three new iphones, a new ipad and the fifth generation apple watch. It als
Company is hitting the brakes on operations. And later in the show, the city of San Francisco has a problem with the x logo from elon musk. It is monday, july 31st, 2023. You are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. We kickoff with breaking news from europe. We go to tatianajulianna tatelb the london newsroom. Frank, good to see you. Fresh numbers from eurozone with the gdp. The first estimate flash q2 has come in stronger than expected 0. 3 q on q growth over expectation of 0. 2 growth the year on year surpassed to 0. 6 against the expectations of 0. 5 why is this notable . Of late, industrial growth was weaker than the data stateside there was momentum building in the Manufacturing Sector that the economy is struggling. The gdp figures are better than expected and it will come as a surprise to investors. The caveat is the pmi which continues to show weakness in the eurozone the overall take away here is growth in the S
Estate loans. Should the government pay more attention to art lending . I love this story. A new report says sothebys and its lending arm could be creating a shadow banking system. To hide laundered money. Crazy. Robert frank will be along to talk about that in a little bit here. A settlement for Gretchen Carlson, the fox news anchor claiming she was a victim of Sexual Harassment. More on what it means for twenty First Century fox. There was plenty of deal making. We have the stories. Dom, you first. Kick things off here at the board. Bill, merger monday. No more. Labor day holiday. Takeover tuesdays today. Well talk about the first big one. The german pharmaceutical looking to buy monosanto. Thats up 2 from the 125 bid they had before and up from the 122 bid before that. When we combine them in a hypothetical deal, the biggest Crop Sciences seed manufacturer in the world and brings together monsanto. They own roundup and then bayer as we know it in america and dr. Scholls foot care co