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Now its time for World Business report. Hit by the eu profits fall at googles Parent Company alphabet, after a huge fine levvied by the european union. And bitcoin whats it for . Well, now you can use the cryptocurrency to pay for art. All will be explained. Welcome to World Business report. Im rachel horne. In a minute sharanjit will tell us how sk hynix increased its profits by more than 500 . Three of the worlds most valuable Internet Firms release their latest numbers this week. The biggest ...

Make it in America Brian set to Showcase Companies that not only are making their products here in the usa but theyre also making money doing it power lunch starts right now thats right, melissa break out the National Anthem and send in the eagles because were going to america this week all right. Stop me if youve heard this one before the dow hitting an alltime high on this final day in july. It has been a red hot month for your money the dow, s p and nasdaq all on track for their biggest gains...

Good morning, everyone want to kick things off with a bit of data in the form of the eu pmi numbers the german manufacturing number posting more solid growth in july the french number showing another sixyear high. And once again were still waiting for the pmi numbers. We will bring those to you as soon as we get them. Let me double check whether theyre out. Not for the time being but well bring them to you as we get them. When it comes to european markets, we are broadly higher xetra dax up by 0...

The u. S. Economy. Your money, weve got it all covered. We break it all down for you tonight. Welcome to risk and reward. Im Elizabeth Macdonald in for deirdre bolton. But first, we are monitoring the confirmation vote in congress for President Trumps fbi director nominee. He is Christopher Ray. The voting just began. We will bring you the vote results as soon as we get them. Back to your money, the dow zooming to a new record high. Up almost 20 since election day. Thats the 48th record close si...

His son released. Meeting government officials as they try to quell growing government anger over emissions. Oh caroline welcome to bloomberg daybreak europe. From here in the city of london, on anna edwards. With got commerzbank reporting a secondquarter net loss, 630 537ion euros, a loss of million. That lost a bit wider than what we expected. They are giving us guidance in 2017, saying they see it slightly positive net result. This is germanys secondlargest listed bank. That antly found out c...

The adp employment report in july ahead of the jobs numbers on friday and at 8 30, the treasury refund announcement. They are refunding the treasury. They are going to be trying to limiting the effect of the fed reducing its Balance Sheet. Also what 8 30 this morning eastern time, alix steel will interview Goldman Sachs Ceo Lloyd Blankfein. Lesters speaks at a business conference, and John Williams speaks in las vegas on Monetary Policy. Late yesterday we got news of Apple Earnings for its Third...

That 22,000 milestone which we are back above once again even though the s p and nasdaq lagging, weve had this divergence recently, especially between the nasdaq and dow, and that divergence continuing today. We havent had the confirmation high by the record other major averages. Also, keep in mind that in terms of what professional traders watch, its not typically the dow. Theres not a lot benchmarked against the dow, which is a price weighted average versus the market cap weighted averages of ...

That 22,000 milestone which we are back above once again even though the s p and nasdaq lagging, weve had this divergence recently, especially between the nasdaq and dow, and that divergence continuing today. We havent had the confirmation high by the record other major averages. Also, keep in mind that in terms of what professional traders watch, its not typically the dow. Theres not a lot benchmarked against the dow, which is a price weighted average versus the market cap weighted averages of ...

Well. It is important to remember that june did coincide with the weeks price for iron ore so far this year at 50, 55 per ton before recovering to 65 a time later in the month and coincided with the beginning of this strength in the australian dollar. Of the austrian dollar, it is slipping, though not enormously so. A bit of a miss for the june trade data, 856 million. Rishaad thank you so much for that. Thats get it to sophie at reactionlooking to that and the pmi number. The dow puts in an all...

Is a profit stream and earning stream that is going very well. We have the momentum, it is working. Alix and i ask Lloyd Blankfein how goldman intends to fix its problem. There are several reasons in retrospect that we can look at and say, gee, we may have messed up. Alix all of that ahead on bloomberg best. Alix hello and welcome. Im alix steel. This is bloomberg best. Your weekly review of the most important business news, analysis and interviews from Bloomberg Television around the world. The...