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Working with volkswagens audi and a joint venture between chinas g a c and japans toyota busy to provide their a high tech for self driving vehicles the waterway executive added that he expects the vehicles with autonomous driving components in 2021 or 2022 and that they would be available in china and europe. From tech to food in china the countrys consumer inflation grew to its highest level in 15 months and may the Consumer Price inflation rate jumped to 2. 7 percent in may thats the highest level since february of last year the number grew 2. 5 percent in april the spike is mostly due to t...

A bit demick which seems to be driving an increase in the chinese inflation rate and this unusual rise in fresh fruit prices by nearly 27 percent in may. Its important because the food prices are. Very visible to Chinese Consumers and Chinese Consumer confidence can be affected negatively by these kind of dramatic spikes. On the swine front one of the things through realize is that the Agricultural Sector in China Remains extremely fragmented there are literally millions of small farms and small produces across china and so while beijing has done a very good job of developing National Standard...

Lisa welcome to the stage please welcome to the intersect stage, iti board member and Vice President global Government Relations at meta. Hi, everyone. That wasnt a very good applause. Are yall asleep after lunch . Come on. Welcome, everyone. Its good to have you here and my honor to welcome you to the Second Annual intersect tech and policy summit. My name is kristin and i run global Government Relations for and i am proud to serve on the iti board of directors. This is a great crowd that we have here today. I dont think everyone is in from lunch and everyone is chitchatting the bit, which is...

Good morning, this is bloomberg daybreak europe. I am tom mackenzie. Asian bonds fall extending selling pressure seen in treasuries after a cell of 10 year notes was met with epidemic. China exports return to growth in april while the yen gains after one boj member indicates rates may rise faster than expected. The bank of england is expected to hold rates at their highest levels in 16 years, what will the central bank signal when it will start lowering borrowing costs . We will review the decision. U. S. President joe biden says he will halt additional shipments of offensive weapons to israel...

Is down over 15 in after hours trading. Erin delmore explains why. Meta Ceo Mark Zuckerberg piqued investors interest when he predicted 2023 would be the year of efficiency, and he won them over when he delivered on it. The stock nearly tripled last year. This year, meta shares are up another a0 . But on wednesday, meta released its First Quarter Earnings Report and shares initially slumped during after hours trading. Facebook� s Parent Company did Beat Expectations on revenue and earnings, but it disappointed on its Revenue Forecast for the Second Quarter of the year. Higher expenses also w...