Australia. You are watching President Trump giving a press conference saying he is looking at a term limited payroll tax suspension. We have seen democrats and republicans oppose any action on the payroll tax, but the president is saying he is exploring additional executive actions and relief. He says he cannot go along with what he calls bailout money for the states. We have seen the states try to get some sort of relief. President trump says the goal is to protect Vulnerable People and avoid stringent lockdowns. He is headed to ohio tomorrow. He says that no states have s sn outbreaks or get worse since tuesday. We have seen some encouraging vaccine news. U. S. Futures at the moment are looking flat. We will see how things are just shaping up for the asian market. Our reporter is in hong kong with the latest. Futures are mixed and mostly flat. Plenty is happening this thursday with earnings galore. Later today, the r. B. I. Is in focus. Bank will pause after cutting this year to shor
With amosite in the Cloud Business. A new target seems to be retail customers. First, to our top story. Last year, apple ceo tim cook stunned investors when the company readjusted its forecast due to struggles in china. Official Government Data shows the apple smartphone shipments in china grew almost 19 . That marked a big jump from previous months. It is particularly remarkable when shipments of phones of all brands were down nearly 14 in the same period in china. Surprised about the amount of bullishness we seem to have on china . That number is a surprise. The broad push in china to focus on huawei and have consumers by huawei funds instead of iphones. That was the concern for a lot of last year. Some of the trade tension has come down. Athink more to the point is device like the iphone 11 is a little bit cheaper. The battery life is very long. The photos you can take are a lot better than the previous version. When you put all those things together and combine it with a large back
But a new target seems to be its retail customers. First, to our top story. That is last year, tim cook stunned investors when my company readjusted its forecast due to struggles in china. What a difference a year makes. Official Government Data shows the apple smartphone shipments in china grew 19 yearoveryear in december. That marked a big jump from previous months. It is particularly remarkable when shipments of phones of all brands were down 14 in the same period in china. For more, i want to bring in our reporter. Are you surprised by the amount of bullishness we have on apple and the iphone shipments in china . Certainly in china, that number is a surprise. Engine broad bush push in china to have consumers by phones instead of iphones. Has of the trade tension come down in recent months. Maybe that has something to do with it. I think more to the point, a device like the iphone 11 is a little cheaper, the battery life is very long. The photos you can take are better than the prev
Francine welcome to bloomberg surveillance. These are your markets. A lot of focus is on the Corporate News and a lot of the focus on the data we have from the u. S. European stocks are pretty much unchanged. Technology stocks are better than expected. But some of them are still disappointed. If you look at it, a lot of it is stock by stock. Eurodollar at 1. 1134. And then you can see the pound at 1. 2428 after jeanclaude said no. Coming up, right here, we hear from the renault chief executive. That interview in around 15 minutes from now, plus, we speak to the u. S. Secretary of state, and later on, to the starbucks chief executive. All of that coming up and much more. Lets get straight to first word news in london. Governments need to pitch in with fiscal measures if conditions in europe keep deteriorating. That is according to mario draghi. He signals more monetary support in september buts comments suggest the central bank is getting close to the limits of its power. The outlook is