Abb shares get a boost as ceo bjorn prepares to assume the top job taking over from acting ceo peter in march. Campaigning from the cabana. Takes to the beaches of italy to push his snap Election Agenda but denies hell run an ant antieuro ticket. Persian Gulf Shipping lanes as well. Well take you aboard the uss Abraham Lincoln to find out what theyre doing to deter teheran well, good morning, everybody. Were starting the week with a positive tone. You can see right behind me broadly speaking were actually up in the green. Now, remember last week was an extremely volatile week. By the end of the week we had wall street indexes all three close in the red for the week, although much up from the lows asian equities as well europe, all the action on friday was on the italian index ftse mirks b was done 2. 5 Percentage Points on friday. Today were seeing a better tone to italian assets. Ftse mib is up. 6 percentage point. Generally speaking the mood is a lot more positive as we start off the
Meant to undermine hong kong protests. What the company says they are doing about it. And our exclusive conversation with the ceo of one of techs most secretive and hundreds of companies. Tells us why protesters wont stop them from doing business with the Trump Administration. Announced ahe u. S. Limited set of exemptions that have protected Rural Networks and other customers from doing. Usiness this comes as the trade war rages on. One ceo is taking his concerns about the ceo straight to the top, apples tim cook. A move that has impressed President Trump. He is the one that calls, thats why hes a great executive. Others go out and hire very extensive expensive consultants but tim cook calls donald trump directly. I would take your calls, but the only one who calls me his tim cook. Whenever there is a problem, he will call. Emily we spoke to an investor across the tech sector. Wantshink this president to u. S. Companies to succeed, so i think at the end of the day, this is part of nego
Undermine hong kong protests. But the company says they are doing about it. Our conversation with a. C. L. , one of text most controversial companies. Alex tells us why protesters will not stop them from doing business with the Trump Administration. At first, the u. S. Announced it would extend in mind that detected Rural Networks from doing business. This comes as the trade war rages on. Is taking concerns about possible tax straight to the top. A move that has impressed President Trump. Pres. Trump he is the one that calls me. That is why he is a great executive. He calls me. Out and hire expensive consultants. Tim cook calls donald trump directly. Pretty good. I would take their call. The only one that calls me is tim cook. Whenever there is a problem, he will call. Whoe spoke to kathy would invests across the tech sector. Wantshink this president u. S. Companies to succeed. I think at the end of the day, this is part of negotiations and just that. It will end in lower tariffs overa
You know that, right . Yes, sir. [applause] red flag laws, we refer to them as Risk Protection orders or gun violence restraining orders. They are civil orders, not criminal, wh officers depending upon how the law is written to move quickly and get firearms out of the hands of people who are identified as having risk of and showing violence. Host there is not currently a National Red Flag law. Guest that is correct. 17 states have authorized them under careful circumstances. There is no national law. Host why is there no national law . Guest these procedures require local implementation. They fall within the purview of state law. The federal government could play a role in encouraging them or providing financial incentives to states to implement them. That is under consideration right now. Host thats the effort by senator Lindsey Graham and richard blumenthal. President trump referred to this effort. What do we know about whats going to be in that legislation or proposal they are comin
We also had gains in yuan lifting currencies. You can see the u. S. 10 year yield at 1. 72. The fixing at 7. 04. We are getting breaking news out of the philippines, another central bank that needs to do something because of the world economy. 4. 25, cut the key rate to following india, new zealand, amongst others. Coming up, we hear from the chief executive of adidas about trade wars and global demand. Now, lets get straight to bloomberg first word news in new york city. This morning, oil is rebounding from a sevenmonth low. Looks tos saudi arabia stem the slide and processes in prices. Bloomberg learned react will not tolerate continued price weakness as oil has been driven down to the worsening trade work and a surprise increase in stockpiles. Pakistan suspended a trade with india and downgraded diplomatic relations after new delhi revoked decades of economy for the disputed region of kashmir. Islamabad says they will take the matter to the united nations. India says the issue is an