Departure of the ceo, flint, in the role, amid a report that thousands of employees are set to lose their jobs. The yuan slides to the lowest in a decade, with the move being called normal, promising to keep the currency stable weve got some final pmi numbers for the yoeurozone it is in line with the estimate we got a few days back june number was 52. 2 this is a threemonth low. Services pmi is 53. 2 thats slightly lower than the flash of 53. 3 and slightly lower than the june final number we saw of 53. 6. Interesting looking at the services new export business down at 49. 2 into contraction territory, in line with the flash and very slightly lower than the month in june of course, this comes on the back of that very disappointing german pmi we just had a few minutes before pointing to a composite pmi number for germany of 50. 9, below the 51. 4 flash, and lowest in aggregate since june 2013 for germany, the lowest numbers since june 2013 for the composite. Euro zone as a whole, pmi co
Live from london also coming up. Warnings that to fear spreading fast in yemen let us hope more aid will start to arrive. But expresses pain and shame over chiles sex abuse scandal three churches were attacked on the way. In california after the discovery of thirteen. Captive by their parents some of them chained to their beds. And a potential military conflict is looming over syrias northern border after a u. S. Decision to form a border force led by kurdish fighters to military is preparing to strike against y. P. G. Fighters in syria because terrorists and kurdish civilians fear theyll become targets and the attack is likely to center on the african region in the turkey syria border reports. Really out about is one of many kurds whose quest parents left Northern Syria years ago but he still has family in africa which is close by on the syrian side of the border to maine and his relatives there are growing increasingly worried as turkey prepares for a military operation against few a
Carl quintanilla joining us Spark Capital quinn and roger, good morning to you both pressure continues to mount on Silicon Valley as u. N. Today, leaders from the uk, france and italy will call on social Media Companies to remove terrorist conten from their sites within two hours or be held liable for content on their platforms facebook, microsoft and alphabet are attending todays summit roger, it is sort of a continuation of the political pressure they are getting from all sides. To me its legitimate pressure facebook and google in particular take the position that they are not responsible or accountable for anything that happens on their platform. Given the things that happened over the last year, i think there is a need for the conversation about exactly what the limits ought to be i would think terrorism is only a small peaiece of the problem. Megan, is it possible with todays technology to remove the content in one to two hours. Theres all kinds of nseemly comments on social netwo
Meanwhile a republican Led Committee approved the house of representatives own plan under the houses measures u. S. Corporation tax would be reduced from thirty five to twenty percent democrats say the plans disproportionately benefit the super rich its all sets the stage for a vote to take place in the house as early as next week where the two bills would need squeezing into one. And so fishermans key is on wall street for us so we want a business is expecting from the tax reform. Well yes then you know the tax cuts would of course help companies to save a lot of money that they hopefully what invest in job status at least what trump was hoping plus it would allow them to bring money back into the United States money that has been hidden in tax havens like ireland for example and i think its not exaggerated to say that the tax reform is the most crucial piece of legislation for the american car economy and at the same time for this administration and the republicans wont manage to upo
Meanwhile a republican Led Committee approved the house of representatives own plan under the houses measures u. S. Corporation tax would be reduced from thirty five to twenty percent democrats say the plans disproportionately benefit the super rich its all sets the stage for a vote to take place in the house as early as next week where the two bills would need squeezing into one. And so fishermans key is on wall street for us so if you want a business expecting from the tax reform. Well yes then you know the tax cuts would of course help companies to save a lot of money that they hopefully what invest in job status at least what trump was hoping plus it would allow them to bring money back into the United States money that has been hidden in tax havens like ireland for example and i think its not exaggerated to say that the tax reform is the most crucial piece of legislation for the american car economy and at the same time for this administration and the republicans wont manage to up