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June 27, 2024
Wti is higher by 87 cents, 54. 27. Brent is higher as well, 92 cents. 57. 10 over in london. Nat gas is lower by 7 cents. Decline of more than 2 . Among the top corporate stories, kraft heinz is withdrawing its bid for a merger with unilever. Kraft worried that it would be too hard to negotiate after the Public Disclosure of its bid so quickly. A kraft spokesman said the company intended to proceed on a friendly basis but found unilever did not wanted to pursue a transaction. Restaurant brands i...
June 27, 2024
This is bloomberg surveillance. We have a packed show for you. We have that great interview that john cryan gave us, talking about the restructuring. We also have to look at the markets. We look at china, what the fed, janet yellen told us on friday. This is the picture overall. I want to put a lot of these european stocks, Deutsche Bank down some 5 . This is after john cryan said he has a new strategy, including asking the markets for 8 billion euros. You can see a little bit of dilution in the...
June 27, 2024
6 billion in profits. The ceo makes 25 million as a base salary. They spent 11 million fighting the tax on tv. Theyve spent hundreds of thousands of dollars every month on lobbyists and lawyers. And they take it out on the guy in the bottling plant . I mean, to me, theyre using their employees as pawns to create anger and mistrust and to try to get the tax away. But the tax has been passed. Its not going away unless a court kills it. And from the retailer side, guys like jeff brown and others at...
June 27, 2024
On the u. S. 10 year. The euro firmer against the dollar. Alix take a look at commodities. Oil below the 100 day moving average. That is significant. I wanted to point out it is not just oil that is weaker. It is the entire commodity complex. Iron ore, copper also down. Gold a little softer as well. It is important. Not just about oil or the oversupply, but weakness permeating. Jonathan lets get over to pray for now. President mario draghi predicted to leave Interest Rates unchanged through the ...
June 27, 2024
Companies into the kingdom. Welcome to Bloomberg Markets. David china closer now. Have a look at this chart. Talk has been reflation trice reflect reflation priced in. Your candidates to bring the u. S. Yields, the top panel of the s p 500. Japan, thel is second most obvious candidate because of the implications of higher yield and dollar10. Guest dollaryen it does not necessarily benefit Global Equities equally. Yet the thing i want to point out before is that the relation has started to come d...
June 27, 2024
The numbers and why. Also in the programme, well be visiting the new silk road. It spans 7,500 miles, but how will businesses capitalise on the new train link between asia and europe . Its the uns International Day of happiness. Norway has come out top in the World Happiness index overtaking let us know what makes you happy in yourjob . Just use the hashtag bbcbizlive. Welcome to the programme. Its the lifeblood of firms. If people dont know you exist, or what you do, youll struggle to make much...
June 27, 2024
And eliminate jerks. Pledges to dober as it improves its work environment. First to our lead. Ibm is focusing big on the growth in the cloud, which makes 17 percent of company revenue. We caught up with ibms ceo Ginni Rometty and ousted what it is about ibms loud that sets it apart from the fears competition. It is the platform for new business. One is it is enterprise strong. Enterprise strong, but you have got to prepare for the future and there are two more things about her clout that are ver...
June 27, 2024
We were at the ibm cloud conference. In mix of 13 billion worth of business. Ibms ceo. P with the ibm cloud is the platform for a new era of business. Is it isinguishes it enterprisestrong. But you have to prepare for the future and there are two more things that are very distinctive one is that it is datafirst architecture. The third part is this idea of cognitive at the core and that is locked in. The other part is you have to put innovation and all the time. We announced a change on the cloud...
June 27, 2024
We were at the ibm cloud conference. In mix of 13 billion worth of business. Ibms ceo. P with the ibm cloud is the platform for a new era of business. Is it isinguishes it enterprisestrong. But you have to prepare for the future and there are two more things that are very distinctive one is that it is datafirst architecture. The third part is this idea of cognitive at the core and that is locked in. The other part is you have to put innovation and all the time. We announced a change on the cloud...
June 27, 2024
Step away from nafta. Rishaad and tech leaders push forward with grand plans locally and globally. I called for a moonshot of 5 million apprenticeships. 12,000 startups a day in china. 12,000 a day. Rishaad it is all ahead on bloomberg best. Rishaad hello, and welcome. I am rishaad salamat. This is bloomberg best. This week was marked by intense political disputes and startling events from washington to westminster to seoul to points in between with Significant Impact on financial markets. On mo...