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That position mirrors that ofjoe biden, who said back in march that us Steel Corp should remain a domestically owned american firm. Us steel it should remain american owned and american operated. In other News Volkswagen is considering Closing Factories in germany to cut costs. Its an unprecedented move and sets up a showdown with powerful unions. The Auto Maker which employs around 680,000 staff is struggling with its passenger car brand. Profits are getting squeezed amid the transition to electric vehicles and a consumer spending slowdown. A four Day Conference to attract foreign investment ...

The u. S. And china are dusting off corporate deals in anticipation. Austria braces for a hotter weekend as fires continue to burn out of control. Thousands are urged to seek shelter. This justin, the u. S. House is voting on the or powers resolution. , as is mostly symbolic resolution that would seek to limit the President Trumps options for military action against iran. House speaker Nancy Pallone says democrats were not satisfied by the administrations justification for last weeks airstrikes that kill a top iranian official. Nancy pelosi saying this is more than a symbolic gesture. We have ...

Thats with a t, according to the wilshire 5,000, the Goldman Sachs is warning that the good times could come to an end if one of the many Many Democrats pushing to reverse trumps tax cuts takes the white house next november. Goldman is estimated for every 1 change in the effective Corporate Tax rate, there would be a roughly 1 change in s p 500 earnings per share. And if tax cuts were entirely reversed, it could even shave off half a percentage from our gdp. The economy, liz, are they being overly dramatic . No, i dont think they are. They are basely saying you roll back the tax cuts, earnings...

For more on all our stories go to the bbc news website. The address is bbc. Co. Uk news or download the bbc news app. Now on bbc news, live to singapore for Asia Business report. Hong kong protests and business as the city sees the 13th week in a row of demonstrations, we will get the impact on companies. Indias economic slowdown, with the growth figures available, what the government is doing to attract investment. Happy friday, everyone. Welcome to this friday edition of Asia Business report, live from singapore, with me, rico oy. Lets begin with hong kong. This weekend will mark the 13th we...

Katie welcome to bloomberg markets, its a quiet start to the trading week when you look at the bench marks. The s p 500 behind me, its slower, just slightly. Were talking about a tenth of a percent there. Still really healthily above the 5,000 mark. Well see how that shapes up. You look at big tech, things are a little worse off there. Of course, weve been talking about apple, and you can see the nasdaq 100 currently off about. 3 , but its early. A lot can happen there. And then you take a look at the small cap index, i thought this was fun. The russell 2000 outperforming, currently up. 6 . We...