Maria we want to get a check on Global Markets this morning. A lot of action, rally in europe as well as the u. S. Right now. Take a look at european indices, cac quarante up 72 and dax up 147 points. Euro zone purchasing managing index better than expected. The spread of the coronavirus is expected to cause weakness going forward. Remember, the outlook thats materially changing right now. We continue to see the numbers today pretty strong. In asian overnight markets are mostly higher. Take a look, the weak spot was hong kong. The others fractionally moving although korea was up 2 and a quarter percent. We do have more bad Economic News out of china. The service purchasing manager index slide to go record low overnight. February car sales plummeting 80 year over year. South korea announcing stimulus package to fight coronavirus. People are saying if he has to cut 50 basis points before meeting, what does he know that we dont know. Maybe its a lot worse that we thought, as a result the
Tom good morning, this is bloomberg daybreak europe. Stock struggle for direction as investors eye u. S. Factory inflation data due today for fresh clues on the feds rape at the head. Apples biggest supplier is said to report. We will discuss what they mean and good thing about the help of the tech sector and john help economy. The clock ticks were tiktok, the fate of the Popular Video app is in the hands of the u. S. Senate after the house forces its owners to so or face a ban. Nasdaq ended lower by 0. 8 . As an be close lower. It was a press record for european stocks. The catalyst later today, Producer Prices out of the u. S. , whether or not ppi print out of the u. S. Confirms the stickiness that we saw in cpi, the Consumer Price index orbits a question mark over the sticky narrative. Retail sales and initial jobless claims that the u. S. S p futures flat, european futures flat after record gains. Ftse 100 futures at 7775. S p futures pointing slightly higher after a lackluster ses
And its time for lenny s last turn the comedian will present his final comic relief tonight after 39 years. Plus do you fancy more rain . I did not think so, but another wet morning for many. This weekend sunshine at times and hopefully more brightness. Its friday the 15th march. Our main story. Exposure to violent online content is now unavoidable for children in the uk, with many seeing it while still in Primary School, according to a new ofcom report. The regulator is urging social Media Companies to strengthen Child Protection on their platforms. Our Technology Reporter Shiona Mccallum reports. How much time do you think you spend on your phone a day . Even Prince William is asking these questions when meeting with a group of schoolchildren at a west london youth centre yesterday. Thats quite a lot. But i bet you feel better coming here. But when children are on their smartphones, their innocence can soon be compromised. Ofcom say out of the 2a7 children it spoke to, all of them ha
Can implement protections. And id like to especially thank my friend and colleague, Ranking Member, tom tillis and his staff for working with us on such a collaborative basis to put this hearing together. Welcome back from vilnius, senator tillis was over at the nato summit and im thrilled , hes able to join us and were able to do this hearing today. This is our second hearing in as many months on the intersection of Artificial Intelligence and intellectual property law and policy. You and your team have been great partners in pursuing this. If you will indulge me for a moment, senator, before i proceed with my remarks, id like to ask that we play just a little clip of something to frame the challenges of this this topic. Made with the permission of all the relevant rights holders. [laughter] start spreading the news. Hey, i got something to say. Its growing its own way of learning the rules today. Each digital mind, they are making the headlines. Creating new sounds in a world. Thank