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June 23, 2024
Betty hello. Im betty liu. Welcome to bloomberg best. A weekly look at the most news around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcomed the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it ...
June 23, 2024
Betty hello. Im betty liu. Welcome to bloomberg best. An indepth report of news around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcome the chinese urrency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt ...
June 23, 2024
And brent, which is the global benchmark. Wti gainingpresents on brent. This chart goes back to the start of the year. We have seen the pace of that game by wti close the gap on brent. Just around the time that we saw the u. S. Government, the decision air to end the u. S. Export ban. Decision to end the u. S. Export ban. We get u. S. Crude inventories as well as an update from opec. Plenty going on in the commodity space today. Royal dutch shell, europes Largest Company largest oil company, agr...
June 23, 2024
Strategies may be unraveling. David faber first reported that the tech company may not move forward with its longplanned spinoff of its multibillion dollar stake in alibaba, the giant chinese internet company. It will examine a deal involving yahoo s core internet business. An official announcement of the change could come as soon as tomorrow. Shares of yahoo moved higher initially after the report. The moves raise a host of questions, they come to mind. John ford is here to answer them. Welcome...
June 23, 2024
David faber first reported that the tech company may not move forward with its longplanned spinoff of its multibillion dollar stake in alibaba, the giant chinese internet company. It will examine a deal involving yahoo s core internet business. An official announcement of the change could come as soon as tomorrow. Shares of yahoo moved higher initially after the report. The moves raise a host of questions, they come to mind. John ford is here to answer them. Welcome. Why did the board step in he...
June 23, 2024
David faber first reported that the tech company may not move forward with its longplanned spinoff of its multibillion dollar stake in alibaba, the giant chinese internet company. It will examine a deal involving yahoo s core internet business. An official announcement of the change could come as soon as tomorrow. Shares of yahoo moved higher initially after the report. The moves raise a host of questions, they come to mind. John ford is here to answer them. Welcome. Why did the board step in he...
June 23, 2024
Just 17 days to go before the iowa president ial caucuses. The gloves have come off, as they say, with two the Top Republican candidates. The bromance between trump and cruz. Rising tensions dominated the forum leaving little time for other candidates to make an impression. The blow by blow. I have spent my entire life defend, the constitution before the u. S. Supreme court, and i will tell you, i am not going to be taking legal advice from donald trump. The long simmering smackdown between ted ...
June 23, 2024
Earnings season. Alcoa the First Company out of the gate with mixed results. Specifics in just a minute. But the broader moment set up here perhaps more nerve racking to markets. Thompson reuters predicting the s p 500 profits will contract 4. 4 in the Fourth Quarter. That would mark the Second Straight Quarter of negative Earnings Growth and the fourth straight time Profit Growth declines from the prior period. Ill be watching for any sign of Revenue Growth which is also set to contract this se...
June 21, 2024
To fight ebola. First, i want to get to you get you to the top stories of today. Her greenhouse gases, the chinese resident wrote ranks with india, brazil, and that the, setting its target for the first time to reduce fossil fuel emissions by 2030. President obama pledged to double carbine Carbon Dioxide to 2020. This is a major milestone in the u. S. China relationship and shows what is possible when we Work Together on urgent, global challenge. By making the announcement today, together, we ho...
June 21, 2024
Two feet. Boston may top attitude feet instead of three. More than 7000 flights have been canceled greater the travel ban has been lifted along with several neighboring counties. Policymakers will start their meeting today. They are not expected to raise Interest Rates. Inflation slows down. The yield is approaching a record low. A number of earnings reports to talk about. Caterpillar came up short. The maker of heavy Construction Equipment missed wall street estimates. At procter gamble, it fel...