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President trump or outgoing Federal Reserve chair, janet yellen . A warm welcome to the Programme Briefing you on all you need to know in global news, business and sport. Facebook is hitting back at a former executive who has openly criticised the social media giant. Does facebook need to defend itself . Or, do you agree with the executive that says it is ripping society apart. Tell us what you think just use the hashtag bbcthebriefing. Its the senate race that has both captivated and appalled america. Now, in a major upset, Democrat Doug Jones has beaten his republican opponent in the deep red state of alabama. It was a narrow win the difference was less than 1 in a state which has reliably voted republican for decades. His beaten opponent, roy moore, was a hugely controversial figure accused of being a bigot ....
Shares of nestle open higher after the swiss food giant launches a 20 billion Share Buyback and says it will focus on capital spending, just days after third points dan loeb pressured the firm to shake up its structure. Maersk shuts down a number of systems after hackers strike in another largescale cyberattack targeting the shipping giant and several other corporations and government institutions across europe and the world. Good morning its wednesday, im glad to be back in the seat hope you enjoy the show today. We have a jam packed show for you. Lets kick things off with a look at the heat map the stoxx 600 is down by 0. 8 . A lot of weakness extending yesterdays losses the stoxx 600 at this point is at the lowest level in two months we saw tech stocks underperforming in the u. S. And a similar thing is happening in europe this is also on the back of the renewed cyberattack. Well spend more time talking about that during the sho ....
Apple takes yet another giant bite out of its competition, making a profit of over 11 billion in the Third Quarter of the year. Up up and away, us shares hit a record high for a fifth day in a row. We tell you whats driving the astonishing growth. Welcome to World Business report. Im sally bundock. Also in the programme well be live in china for the latest on a possible trade war with the us. Lets start with the worlds most valuable company. Apple has published its latest set of results and they show revenue growing to 16. 1 billion for the three months tojuly. That combined with a prediction that it will bring in as much as 52 billion in the next quarter saw shares rise by up to 6 in after hours trade to hit a record high. Apple made a pre tax profit of 11. 3 billion in the three months from april to the end ofjune, a solid rise on the previous year. This year the iphone is t ....