On the markets. This is a phenomenal asset. The return on those insurance those instruments could be quite spectacular. There is much more growth than a lot of the skeptics think there is. I dont think there is enough confidence today that we have broken out of the 2 growth world. Anchor it is all straight ahead on bloomberg best. Anchor hello, and welcome. Im vonnie quinn. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from around the world. Lets start with a day by day look at the top headlines. The week began with a fresh batch of Economic Data from china. Chinas secondquarter gdp data show the second economy continuing to grow at that brisk rate of 6. 9 . Gdp was better than expected. , there expecting 6. 8 estimate of economists at bloomberg. Factories are pumping out goods at a faster clip. Goods production at 7. 6 , more than a full percentage point more than the estimate. Retail sales much better than expected, 11 . We w
Territory. We will have a look at the markets later. And piggy backing a mobile network. Well be looking at the growing trend of Virtual Network operators and ask whos winning the consumer or the company . And as facebook earnings surge 71 and its number of friends swell to over 2 billion, today we want to know are you a facebook Friend Or Foe and why . Let us know. Just use the hashtag bbcbizlive. I have just sent to a Friend Request, i hope it will be accept it hello and welcome to Business Live. We start in Silicon Valley where it seems there is no stopping the worlds biggest social network. Facebook has seen another huge jump in profits as Advertising Revenues keep on rising lets show you just how big. In the three months to the end ofjune, facebook made a net profit of 3. 89 billion. Thats a jump of 71 on the same period last year and better than wall street was expecting. Injune, the number of active monthly users crossed the two billion mark. That means more than one in every fo
Anthony scaramucci is an excommunications director. This interview from the white house was recorded earlier today. So the Chief Of Staff was literally sworn in about 52 minutes ago, so he is setting in place the procedures by which he will run the white house internally. Where anthony fits into that you would have to ask General Kelly. Well talk to anthony. But lets give him more than 52 minutes and find out later in the week. We didnt need that long. Here is a quick recap of how we got here. I love the president. And im very, very loyal to the president. When mr scaramucci got the job ten days ago, the White House Press secretary, sean spicer resigned over that appointment. Then last week, mr scaramucci publicly the then white house chief of Chief Of Staff, reince priebus. He was replaced last week. That was seen as a win for mr scaramucci. But mr priebus replacement, generaljohn kelly, demanded mr scaramuccis removal in turn. Mr scaramuccis attack last week may have made that an eas
I loved him. For me, every time i saw him it was a special feeling. Good morning. And im live here at the London Stadium. Its day eight of the World Athletics Championships and all morning here on Bbc Breakfast. Ill be rounding up the action for you. And there was no Fairy Tale Ending for Isaac Makwala in the mens 200 metres last night. He finished sixth while britains Nethaneel Mitchell bla ke was fourth. Should the locals get to decide on what happens in the rough neighbourhood . Is people power the answer to our Housing Crisis . A new Campaign Says locals should get more say over Planning Applications. It would speed up construction, but critics say it could ruin the greenbelt. Ill have the details. It isa it is a beautiful start to the day. Will the weather remain this way . I will have the full forecast in 50 minutes. Thank you. 15 minutes. Good morning. First, our main story. The scandal over Contaminated Eggs continues to spread across europe, with denmark the latest country to
Dear to youngster told us he lost everything dearto him. My wii fit plus, my wii console, everything. What do you miss about your old home . My bed, trophies. What trophies have you got . Swimming. You can Hearfrom Tyshondrey and his grandmotherjust after 9am. And as four supermarkets continue to remove salads and some juice containing eggs the body which represents the british egg industry says there is anger that potentially Contaminated Eggs have been imported from dutch farms. We will explain what the risk is and why this has happened. Hello. Welcome to the programme, were live until 11 this morning. This weekend sees the legend that is usain bolt take part in his final competitive race before retiring he has inspired thousands of people and we are talking to one teenager who took up running after she saw him. So who has inspired you . It could be someone from sport or from Something Else entirely, let us know. Do get in touch on all the stories were talking about this morning use