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Transcripts For BLOOMBERG Bloomberg Technology 20240712

Provide administrator to provide information about security protocols with chinese behemoth tencent. Meanwhile, bytedance and oracle have tentatively agreed to a deal has to be approved by the Chinese Government, and there is significant confusion about timelines. Lets check in without markets ended the day with senior markets correspondent scarlet fu , leading declines but outperforming all year. What has been happening . Scarlet there was a lot going on and to some extent, you can blame the federal reserve, j powell saying rate will stay at current levels, lower for longer, but investors were expecting a dovish surprise and were left hanging. When you look at equities, most of the damages from the large cap, big tech names, but it was a broad decline, eight out of 11 sectors in 20 active 24 sectors finishing lower. Outperformance today were value encyclical stocks. If you look at the past two weeks, it has been a clear theme. The two bestperforming groups were materials and industria

Transcripts For BLOOMBERG Bloomberg Surveillance 20240713

Everybody, in for Francine Lacqua today. This is the picture on the stock markets this morning, down 2. 2 on the stoxx 600. Ongoing fears about coronavirus, how its going to be handled. What are we going to see . What damages that going to do to eke economies globally . Thats the question as we watch the death toll rise and the infection rate as well. The u. S. Tenyear, incredible the pace of the movement we are seeing. Money going into the perceived safe haven of bond markets and sovereign bond markets in particular. The u. S. 10 year yield is now below 0. 8 . Brent prices below 50 a barrel, down 1. 5 overnight. Lets get to the breaking news for you. A french mp has been hospitalized after contracting coronavirus. This is the ongoing feat of information we are getting into where this virus is spreading next. We talked about the rising rate of infection in the u. K. , the u. S. , germany, and italy, of course. We will see how long it takes to get to peak infection levels. Lets get to o

Transcripts For DW DW News 20240713

A new wave of consolidation in the all the industry chrysler in france is p. S. A. From joe want to create the worlds 4th largest car maker plus the last to get it for the voice of authority in the bronx it debate. Thats been the speaker of the British Parliament john bercow retiring after 10 years in the chair. Im off to our viewers on p. B. S. In the United States and all around the world welcome we begin tonight with the historic vote in the u. S. Congress democrats have taken a major step in their efforts to impeach u. S. President donald trump the house of representatives today voted to move forward with the impeached. An investigation with a resolution that sets out the ground rules the lawmakers will use as they begin the transition from closed door sessions to public impeachment hearings the resolution is adopted without objection the motion to reconsider is laid upon the table. Nancy pelosi presiding over a historic moment as expected the democratic majority carried the vote p

Transcripts For DW Business 20240713

Clocks. The 1st smoko to the euro max you tube channel. Closed goldmine of story. With exclusive insights. And a must see concerning startup culture keep your a. Place to be curious minds. Do it yourself networkers looks so subscribe dont miss out on. Reaching for help but in a time of changing reality you have chrysler and other great the worlds 4th largest automaker to confront big shifts in the future of mobility also coming up tanzania farmers try swapping their crops with manila to cash in on astronomical market prices but its not any. Easy switch and dressing up yourself just is not enough americans go on the hunt for the best following. Providing it to retailers. Because the program as the automotive world is going through a profound changes some of the biggest names in the business are taking the carpool lane if you have chrysler and p. S. A. Peugeot have confirmed they intend to merge a tie up worth 50000000000. 00 which would create the 4th largest automaker in the world the

Transcripts For DW Business 20240713

A boon to. The program as the automotive world is going through profound changes the response of some of the biggest name in the business is take the car pool if you have chrysler and p. As a pushover have confirmed they intend to merge a tie up worth 50000000000. 00 which would create the worlds 4th largest automaker the move comes as car makers grapple with a downturn in demand of pricey investments in electric and soft driving vehicles. The future looks bleak for the internal Combustion Engine car makers worry about getting left behind. Chrysler has failed to invest in new technologies such as all thomas driving and electric power thats why its been looking for a partner for a long time. Enter. The French Company has plenty of modern technology but its completely absent from the north American Market together they could become a dream team. The french government itself a shareholder and peugeot has already given the green light and this is good news this is good news for you because

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