Plus an increase in News Coronavirus cases, declines are being led by tech. Microsoft, amazon and apple all sharply lower today. Thomas peterffy is the chairman of Interactive Brokers hes our closer today coming on the heeled of the tieup will he now sell his companies well ask hem later in the show. Clearly coronavirus, again still only down just over 1 the markets overreacting i think if you do the math, basically if you lieu that only represents about 1 of the earns of the company no indication that this is nothing but a shortterm problems lets get on the base stories. Seema mody Steve Liesman tells us what the fed is talking about. First, lets start with seema. That safe haven play is certainly evident in different parts of the market. One standout is shares of the post 5 a new record high, up 7. 6 certainly outperforming on a day. A pause in the u. S. china trade relations. According to our ceo deere did address the coronavirus, expecting freight costs in the Second Quarter relate
This week, a phone is born and we are exclusively behind the scenes. Can Artificial Intelligence block the bullies . And driving monsters. Just across the water from hong kong, on the chinese mainland, lies a city at the heart of the countrys technological revolution. Welcome back to where stuff gets made. When you think of chinas electronic scene, this might be what you think of. Thousands of factories and millions of people mass producing billions of devices. More than 70 of the worlds mobile phones are manufactured in china. Their components, also made locally, as aust from the citys famous giant electronics markets, where everything is for sale. But all that industry is taking its toll on the city. As the buildings go up to accommodate the influx of businesses, this mob has come down to remind everyone of the price you pay for a rapidly expanding industrial economy. The middle class here is also consuming more power. As well as demanding something else, good quality home grown prod
From hong kong, on the chinese mainland, lies a city at the heart of the countrys technological revolution. Welcome back to shenzhen. This is where stuff gets made. When you think of chinas electronic scene, this might be what you think of. More than 70 of the worlds mobile phones are manufactured in china. But all that industry is taking its toll on the city. As the buildings go up to accommodate the influx of businesses, the smog has come down to remind everyone of the price you pay for a rapidly expanding industrial economy. The middle class here is also consuming more power, as well as demanding Something Else good quality home grown products. And Chinese Brands are rising to the challenge, with names like zte, xiaomi and huawei even breaking out of china and becoming recognised and desired worldwide. One such brand is oneplus. Now, despite only being four years old, its already turned out a number of phones that have been compared favourably to the top end samsungs and iphones and
Million for the first time. In sport, the man who took wales to the semi finals of the euros has stepped down. Chris coleman has gone to manage the championships bottom side, sunderland. And philip has the weather. Good morning. A bit of everything in the weekends forecast. The bulk of the weekends forecast. The bulk of the sunshine in northern parts for saturday and more cloud in southern areas. All the details in a few minutes. Good morning. First, our main story air accident investigators are trying to work out what caused a plane and a helicopter to collide over buckinghamshire yesterday, killing four people. Teams will continue scouring the area around the National Trusts waddesdon estate, near aylesbury, for wreckage. Ian palmer reports. Beneath the canopy of autumn colour belies the wreckage of two light aircraft. This is the tale of the cessna plane. Nearby lies its wing and a little further away in a clearing are the remains of what is believed to be the helicopter. Two people
Manager after Chris Coleman stood down. After reaching the semifinals of the euros, wales failed to qualify for next years world cup. The next challenge is to rescue sunderland from bottom of the championship. Northern ireland manager Michael Oneill had been linked to thejob manager Michael Oneill had been linked to the job but has now been given permission to speak to the scottish fa about their vacant manager position. New zealand are out of the Rugby League World cup in a brilliant tight low scoring match. The 2008 winners will be to four points to two by fiji. Thats the kick that proved the difference. They will play the holders australia in the semifinals. Timeous arrived with a scare to reach the semifinals for the first time, just scraping past 11 and winning 3a points to 22. They will be in withs next opponents said they would beat papa new guinea tomorrow. Its the second week of the mens autumn internationals with all four home nations in action. Wales play georgia, ireland ta