The uk has recorded its second hottest day ever, with temperatures reaching over 38 degrees in cambridge. Forecasters are warning the heat could lead to heavy rain in some areas. Now on bbc news live to singapore for Asia Business report. Prime push heads and was on. It shares fall as earnings disappoint. And amazon and getting paid to play video games. We start with amazon as shares have fallen after its earnings disappointed investors. Revenues for the three month to the end ofjune came in at 63. 1; billion dollars. Up about 20 from a year ago, just over 2. 6 billion dollars was actually profit but the crux is it was less than expected. The company has been spending heavily, some 800 million alone in the past three months, to make one day delivery the norm but it is facing pressure of its size and power and facing an anti trust investigation as well as being probed in europe. Michelle flurry has more. The wave of record profits has more. The wave of record profits has a crested. By m
And apple inking a 1 billion deal with intel over its mobile smartphone business what it means for both companies. Its friday, july 26th Worldwide Exchange begins right now. Good morning im dominic chu. The four main stocks were watching this morning, its about earnings and m a, much more on these headlines coming up first heres how your money and the Global Markets are setting the day up stock futures indicating the dow will open up fractionally, just about 25 points or so. The s p up by 7. The nasdaq just by 62 after stocks ended lower yesterday on fears the fed will not cut rates as aggressively as previously thought. For the week, the dow is the only major index still in the red. The bond market now is moving slightly stronger here that benchmark slightly higher, just a hair below 2. 8 let us now go worldwide. On the asian side of things, the nikkei in japan down a half percent. The hang seng off twothirds of a percent. The shanghai up a quarter of a percent. In european trading, s
President donald trump who said iran made a very big mistake well weve now heard from the Iranian Foreign minister mohammed who has tweeted that the United States is lying over its train being hit by iran in National Waters as saying that terror on will take the matter to the United Nations ill be back in a couple minutes with more on that and the rest of days news. Dot com is a website and a company its part of. Sri lankas Easter Sunday bombings reverberated around the world with religious and ethnic tension rising one a one aced investigates by is the new front line in sri lanka on al jazeera. News is happening faster than ever before from different places from different people and you need to be pos of backs you need to be able to reach people wherever they are and that means be across all social media platforms this is where our audience lives as well as in front of a t. V. Theyre almost smartphone theyre on the tablet theyre on the computer. And thats the way aljazeera is a fall i
It was a big rally yesterday gave back many of the gains late in the session the dow did end up more than 100 points by the end of the session. Overnight in asia, a bit more muted today after the big gains yesterday in the markets the hang seng opening after being closed on monday for a holiday. Its the stock market trying to do some catch up it was up by 1. 2 . Shanghai was flat. Nikkei was up by a tenth of a percent. In europe, some early trading taking place a bit of a mixed picture there. Ftse up by a half percent. Modest declines for the cac and the dax. Stocks are higher in italy and weaker in spain. In the United States, if youre watching the threreasury market the tenyear is yielding 0. 15 lets talk trade President Trump saying trade talks have begun following his meeting with president xi jinping at the g20 speaking at the oval office yesterday, the president said the renewed talks are being held by phone any trade deals will have to lean in the u. S. s favor obserit has to be
10 00. Yes, our 10 00 get, Peter Navarro, looking forward to that as well. First hour, lets get to our road map renewed trade uncertainties, of course, thats what were talking about just now, weighing on stocks. The s p is poised to pull back from that record as the Trump Administration now threatens new tariffs on the eu. And as jim just said, white house trade adviser Peter Navarro will join us, first on cnbc interview. News, news, news, news. It should be. Always enjoy having mr. Navarro. Plus, cook, absurd and dont match with reality apple ceo tim cook blasting reports of tensions with jony ive. We have in nike backlash, the Company Cancels plans for some sneakers a big issue, but some sneakers they were going to put out with an early version of the American Flag you know their Customer Base my father, his workshop, we went there 50 times, across the street, and i just i know the countrys a changed country, but that is kind of a proud art of the philadelphia tradition but hey, you