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Transcripts For CNBC Closing Bell 20240713

S p breaching 3300 trump says the United States is in a great position for phase 2 trade talks with china retail sales rise in december, capping off a strong year for the u. S. Consumer. Joining us is anastacia am rosa great to see you today, so the second point is so thats whats lifting the market. As you we were talking about before the show, theres quite a few notes and and that is as likely to improve the business sentiment. The fact were still willing to engage with china despite, you know, the different agenda we may have on the tech space, i think thats actually quite positive thank you for being here anastacia. Will mike santoli has market dashboard. David faber is covering up unveiling of Nbc Universals streaming service, Peacock Morgan stanley soars, a very strong q4, let to about a 2 pop in the shares, but the new guidance they issued on the Earnings Call and the targets around that really drove shares higher q4 revenue what 10. 9 billion eps was 1. 30 per share it was a bro

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Transcripts For BBCNEWS Asia 20240706

routes in the area. there have been concerned the israel hamas would widespread the region. these are two of the world s biggest choke points. the situation has come to a head because two big shipping companies, maersk, the container company and hapag lloyd another big shipping container company have both announced that they would stop sending shipping through the babar el mandeh strip. you have to make a longer passage through the cape of good hope, this might add nine days or six days to the united states. forships days or six days to the united states. for ships traversing from the atlantic to the pacific ocean through the panama canal there are additional issues, let s hear from the independent economist cornelia meyer. cornelia meyer. when you look at trade from cornelia meyer. when you look at trade from shanghai - cornelia meyer. when you look at trade from shanghai to - cornelia meyer. when you look at trade from shanghai to new| at trade from shanghai to new yor

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Transcripts For BBCNEWS Asia 20240706

israel hamas wore widespread the region. here s our business reporter david waddell. the situation has come to a head because two big shipping companies, maersk, the container company and hapag lloyd another big shipping container company have both announced that they would stop sending shipping through the babar el mandeh strip. i lljust show you where that is. it is at the south side of the red sea. and at the north side of the red sea, we have the suez canal. these are two of the world s biggest choke points. if anything halts shipping through these points then it has a major effect on other shipping. any ships making their way from india or the philippines to europe or the united states, further west has to come through here and here then eventually through the straits of gibraltar before going further west or north from there. the alternative is to go south around the cape of good hope, suez canal and that adds 14 days possibly on to the journey time. now the suez cana

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Transcripts For BBCNEWS Asia 20240706

shipping companies may ask and halfback lloyd, another big shipping container company, have both announced they would stop sending shipping through the strait. i ll show you where thatis the strait. i ll show you where that is so it s here, at the south side of the red sea, and at the north side of the rest see, we have the suez canal. that s red sea. these are two of the world s biggest choke if anything, it halts shipping. making its way through to india or europe, or the unit states, it has to come here, they re here, through the straits of gibraltar before going further west or north from there. the alternative is to go south through the cape of good hope, adding 9 11; days potentially on the journey time. the suez canal authority has given a statement, saying, they are quite keen that business continues to flow through their. they have said that on sunday, 77 ships made their way through the suez canal, which i think is fairly normal. they said in recent weeks, since 1

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Transcripts For BBCNEWS Asia 20240706

there have been concerned that the israel hamas would spread the region. here s our business reporter david waddell. the southern end of the red sea, the northern end of the suez canal. you can t get through the suez canal unless you make your way through this chokepoint. two companies have announced they will make that acid. one is the shipping container company maersk and the other is hapag lloyd. you need to make this much longer passage around the cape of good hope in south africa. that might add nine days, possibly more to thejourney might add nine days, possibly more to the journey if you go to europe, possibly six days to the united states. four ships traversing from the atlantic to the pacific ocean through the panama canal, there are additional issues. it s here from the independent economist. when you look at trade from shanghai to new york and asia to the east coast of the us, if we can t go through the panama canal, because it is very constrained because of the lo

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