At the moment. On the minds of traders, all sorts. A Missile Launch out of north korea, us tax reform, the fed and bitcoin. Well talk you through the movers and the shakers. And well be getting the inside track on testing for diabetes without drawing blood. We will meet the man behind the firm that says it is using just lasers to instantly find out your glucose levels. He will be here to explain how it works. And amid new warnings that robots will force 700 million workers into newjobs over the next decade, we want to know whatjob do you hate and would happily let a robot do for you . Let us know, use the hashtag bbc bizlive. Hello and welcome to business live. Dont hold back, but keep it clean so we can dont hold back, but keep it clean so we can share dont hold back, but keep it clean so we can share your dont hold back, but keep it clean so we can share your suggestions with our viewers on business live rarely can the west african nation of ivory coast have seen anything like it. Do
Next few days, sending sterling to a high. And kim jongun declares north korea a Nuclear Power after the latest test proves the weapon can reach anywhere in the u. S. I can only tell you we will take care of it. We have general mattis in the room with us we have had a long discussion on it is a situation we will handle good morning yes, youre watching street signs. Glad youre with us once again what were witnessing one hour into the trading session is a fairly strong rally when it comes to the banking stockses. I do want to tell you what the banks are doing, theyre on track for the best day in two months we have the european banking index on a tear. This is on the back of comments coming from the fed chair jom , nominee, jay powell. We have progress when it comes also to the tax bill all of this is positive for the u. S. Banking sector which had a spectacular day yesterday, up by 2. 6 the best single day performance since early march on the back of those comments from mr. Powell were s
Challenges for the markets around the world. We will speak to the top newsmakers, regulators, and Market Participants reacting to a new generation of rules. To the top story, the sec says firms can accept payments from clients. They gained a 30 month reprieve on the research rules coming to effect in january with mifid ii. Ben from our Financial Regulation team joins us now. You have been all over this story from the very beginning. Why did the sec decide to do this . Was it the result of lobbying from the industry . Ben large wall street brokerages have been pushing for months to get the sec to tell them they can essentially accept payment from their european clients and not have to register as an Investment Advisor. They dont want to register as an Investment Advisor in the u. S. , because it creates it creates new responsibilities and costs, essentially fiduciary responsibilities. Meanwhile, the sec relief that they announced today is limited to european clients so they can Bundle R
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . You have now had to follow bill gates and steve ballmer, two legendary figures. Did you feel at that time you were really ready for the job following those legends . Or were you saying i could do a better job than they did . Satya the best advice i got from both bill and steve i think helped me a lot. Because theyre clear message was, dont try to be like us. Dont even bother to sort of say, oh, i am seceeding these people. Just be your own. In fact, i remember very distinctly, even during the interview process, the board was conducting they asked me, do you want to be the ceo . And i said, only if you want me to be the ceo. The feedback i got was that people who want to be ceos are like, i want to be ceo. I said