This is the exact moment where Boris Johnson may be about to speak to eu leaders. We understand that most of it is virtual. We are expecting the Prime Minister to give his response on whether he is continuing to negotiate. There was that selfimposed deadline on october 15. We dont know whether he is happy with the progress or whether he thinks even if there is not progress, he still wants to give it a shot. Tom there is your update this morning. Lot, like about the map of the fisheries. Its like a big deal, right . In the north . Francine i remember being a young reporter a million years ago showing up in brussels and actually going to at the time, it was not much to talk about, but our editor said watch out for fisheries, because nobody talks about them. Its always a fishing problem, as we see with brexit in 2020. Tom there we are with your update. Ritika gupta just nodded off. Lets start the show with the bloomberg first word news in new york. Ritika good morning. President trump and
Of that in about an hour. Apple is sometimes seen as a proxy on consumer spending, entertainment, computer, mass mutual fund reflecting how we all feel and our appetite to buy stuff. Some of this stuff were told could be very, very pricey. Depending how it all lays out, when tim cook makes the announcement, well have a good idea how much americans are willing to fork over if it gets you know, pricey. But again this is not really been a problem for apple in the past, as you have been hearing here. It is the most widelyheld stock on the entire planet. Just amazing. But, all eyes on amy barrett in washington right now, the judiciary committee, taking up her confirmation process to get on the Supreme Court as an associate justice but not without a lot of talking. Not so much on her part, on the questioners part. There are 22 senators, 12 republicans, 10 democrats who have been allocated 30 minutes to ask their questions. That works out to about 11 hours of questions and at the pace theyre
1 ,s p up by nine tens of tech leading the charge. European markets underperforming but the ftse 100 pushing on gains over the last hour. Most european markets gained early than flatlining into the afternoon. We are seeing a bit of a return to the dollar this afternoon, still trading at the 118. 119 earlier on and security markets continue to be in focus as the ecb suggests there may be rates that could be cut further. Lets start off our conversation on the u. K. Labor market which took a turn for the worse in july. Total job losses climbed to nearly 700,000 since the start of the pandemic. Tois considering plans support jobs as per the government cost Furlough Program ending next month. Businesses need support which is why many of the intervention we have put in place lasts the last through the next year. I have not hesitated to act and create effective ways to support jobs and employment and we will continue to do so. From brusselsg us is Vincent Juvyns from jp morgan. Sunak may be s
Sometimes entrepreneurial visions turn out to be casals in the sky or even a case of fraught busting bubbles in the Business World topic today a major welcome im starting with a major scandal thats rocked germanys financial well to the bankruptcy of Payment Company y. A cot what a story it could be straight out of a Martin Scorsese movie looking at the dock a side of humanity why a cod was a major tax listed company until an investigation by the Financial Times uncovered a fraudulent behavior in the end of the german Fin Tech Companys Success Story collapsed like a house of cards. Im a member of the Investigations Team of the Financial Times was the 1st to raise the alert about wild cards accounts this is a bit of a Strange Company in the numbers that its putting out dont quite seem to out of what a card with a highly promising tax a listed Fin Tech Company specialized in Electronic Payment Services Online Purchases also involve fees to the transaction provider such as why a card its a
Welcome and starting with a major scandal thats rocked germanys financial world the bankruptcy of Payment Company wire caught what a story it could be straight out of a Martin Scorsese movie looking at the dock a side of humanity why a card was a major tax listed company until an investigation by the Financial Times uncovered a fraudulent behavior in the end of the german Fin Tech Company Success Story collapsed like a house of cards. A member of the Investigations Team of the Financial Times was the 1st to raise the alert about what it costs accounts this is a bit of a Strange Company in the numbers that its putting out dont quite seem to add up what a card was a highly promising tax listed Fin Tech Company specialized in Electronic Payment Services Online Purchases also involve fees to the transaction provider such as why a card its a growing market that benefits from growing Technical Innovations so surely the sums should add up. The reporters revelations cools the high flying way a