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July 3, 2024
You charl. I want to begin with you. This issue between india and canada has escalated quickly in the past weeks. Has it hit trade so far as well . Uh, not significantly yet. What are the reports do appear to be coming in steven . Uh for example. Uh there are reports that the link itll save us from canada to india have have already slowed down. Now. Um, india buys a lot of lentils from canada, which is a staple source of the protein here in india, and the post at the saves. Theyve already slowed...
July 3, 2024
Will be talking about oil prices today. They have reached their highest level in almost a year, approaching 95 a barrel for the First Time Since august 2022. Production cuts by russia and saudi arabia are partly to blame. And reserves at an important Storage Facility in the us hit their lowest levels in july last year. Facility in the us hit their lowest levels injuly last year. The price of oil is a factor in the rise in inflation which has been a driving of the cost of living crisis Around The...
July 3, 2024
Multitasking these, the modern man. Because if we do too much at once, we get it all wrong. We mess things up, risking brain damage. So lets stop this self sabotage, humans and multitasking. Watching our new to v w documentary, the ever grand tries to limit the damage as concerns over its debility grow. The chinese developers. Suspending trading in its chairs on thursday. And now says that ceo faces criminal investigation is time running out for a company teetering on the edge. Also on our show,...
July 3, 2024
With their own areas of expertise and distinct personalities. And its revealed a new product. Ray ban sunglasses with al built in that can film and upload videos and answer questions. They go on sale next month for 299. Heres a taste. Our correspondent in Silicon Valley James Clayton was at the event at meta hq and had a chance to try out one of the other updated gadgets the mixed reality headset. This is meta connect. Metas first in person event since the pandemic. Mark zuckerberg is just about...
July 3, 2024
Shery you are watching daybreak asia live from new york, sydney, and hong kong. Annabelle we are counting down to asias major market opens. Haidi risk off mood in asia. Treasury yields higher along with the dollar. U. S. Crude prices hitting a fresh one year high with shrinking stockpiles in the larger storage hub spilling demand for physical barrels. In battled Country Gardens takes a step towards restructuring its debt after narrowly avoiding default. Shery how u. S. Futures are trading early ...
July 3, 2024
Haidi welcomed today by garth roy im hiding stroudwatts in sydney. Annabelle im annabelle droulers. Shery im shery ahn. The top stories this hour. Treasuries excel off while equities churn as investors digest higher rates and Rising Oil Prices with the dollar extending its climate. Annabelle the largest u. S. Memory chipmaker warning of a steeper than expected loss this quarter. Shery how the new honda ce cash qantas ceo turns around mistrust after being grilled by australian lawmakers. How u. S...
July 3, 2024
From fed chair jay powell later this week. The thing is it is the higher Interest Rates putting u. S. Treasuries firmly in focus and the looming Government Shutdown not helping either. Lets have a look at the open for bangkok. The thai market down a fraction and at the moment as well we are seeing the thai baht relatively steady in the face of what we have been seeing. The baht actually is not that steady, around 38. Actuallya a big day for the dollar. A rising yield, weve got the japanese 10yea...
July 3, 2024
The fight between americas Biggest Car Companies and the uaw over pay and Better Benefits is playing out in a key Battleground State in the 2024 president ial election, that is michigan. So this visit by President Biden is no accident. Hes trying to turbo charge the market for Electric Vehicles, that is part of his policy to reduce Greenhouse Gas emissions. His signature legislation, well, its known as the inflation reduction act, and it includes billions of dollars in incentives to get more cle...
July 3, 2024
The Business News now with samantha simmonds. We begin in the us and the Strike Action affecting the auto industry. Because us President Joe Biden is today expected to join workers on the picket line in michigan. The industrial unrest has highlighted a clash between the president s support for unions and his push for clean energy. 0ur north America Business reporter, erin delmore, joins me. Good to see you. Joe biden๏ฟฝ s visit comes a day before donald trump is due to visit the picket line. Is ...
July 3, 2024
Haidi a very good morning and welcome to daybreak australia. I am haidi stroudwatts in sydney. We are counting down to asias major market opens. Vonnie good evening from bloombergs World Headquarters in new york, i am vonnie quinn. The top stories haidi thishour period President Biden says chinas economic downturn may reduce the risk of ai one as indias g20 submits its status as a rising power that can blunt beijings influence. Vonnie plus, alibabas former chief leaving the company just months a...