A poor harvest. And one in rome where cycle as the romans do the city is testing out a new ecology bonus for train commuters. This is the business im joined on in berlin welcome we begin in the tech world where 2 of its biggest names have presented their figures for the quarter that ended in june alphabet of the company that owns tech giant google reported quarterly profits tripling to 9900000000. 00 the figures beat most analysts expectations and came from higher advertising spend on searches and on youtube. Amazon 2nd quarter profits were up 3. 6 percent to 2600000000. 00 amazon sales jumped by 20 percent as customers flock to its one day delivery. Our markets correspondent was san luis joins us now from was st louis so 2 attack heavyweights 2 closely watched Quarterly Results what stood out to you. A couple of things that you know its a case that not only did company b. Done revenue on their names for sure but have even lowered costs that leads to where a spect in these represents t
Eels are a multibillion dollar business all european fishermen fight against smugglers to sell them to china. This is the new business. Berlin. Its an anxious time for markets as geopolitical tensions persist investors are looking ahead to a face off between the leaders of china and the u. S. At the g. 20 summit in japan that is asian markets are down across the board havent taken a little comfort at reports of a phone toll between 2 countries top trade representatives safehaven assets as that gold has hit a 6 year high. Markets are still sensitive to the ongoing trade conflict u. S. President s trumps goal is simple to narrow the gap between u. S. Imports from china and what the u. S. Sells to china on the other hand in short to cut the trade deficit Exchange Rates play a key role in this one countrys currency is weak then their goods are cheaper for overseas bias trump is accused other countries of keeping their currencies weak on purpose hes also accused the European Central bank an
On the japanese com. Is do business as in berlin welcome its an actress time for markets as geopolitical tensions persistent best as are looking ahead to a face off between the leaders of china and the u. S. At the g 20 summit in japan later this week as markets are down across the board have been taken little complet reports of a phone talk with 2 countrys top trade representatives european stock markets dropped as well with londons benchmark footsie 100 index opening half a percent down frankfurts ducks 30 losing 0. 4 percent safe haven asset gold has hit a 6 year high. Markets are still sensitive to the ongoing trade conflict u. S. President s trumps goal is simple to narrow the gap between u. S. Imports from china and what the u. S. Sells to china on the other hand in short to cut the trade deficit Exchange Rates play a key role in this one countrys currency is weak then their goods are cheaper for overseas bias trump has accused other countries of keeping their currencies weak on
Get much more expensive after the country raise tariffs on them from 30 to 120 percent. Peas lentils and apples are also included on a list of 28. 00 u. S. Goods to be subjected to higher importance of the school. The move comes in retaliation to washingtons recent withdrawal of trade privileges for indian goods. But trade tensions have been simmering for some time. The stage for the route was set last year when the us refused to exempt india from higher steel and aluminum tariffs. India is among a number of countries whose trade surplus with the United States has sparked president Donald Trumps ire. He accuses delhi of not allowing American Companies easy access to the indian market the issue is sure to feature in talks during u. S. Secretary of state might pump ales visit. But ironing out the 2 countries trade dispute will prove a tough nut to crack. John joins us from bangalore joe saying what happened is i thought the u. S. Was trying to tighten its relationship with india as a cou
A list of 28. 00 u. S. Goods to be subjected to higher importantly. The move comes in retaliation to washingtons recent withdrawal of trade privileges for indian goods. But trade tensions have been simmering for some time. The stage for the route was set last year when the us refused to exempt india from higher steel and aluminum tariffs. India is among a number of countries whose trade surplus with the United States has sparked president Donald Trumps ire. He accuses delhi of not allowing American Companies easy access to the indian market the issue is sure to feature in talks during u. S. Secretary of state might pump ayos visit. But ironing out the 2 countries trade dispute will prove a tough nut to crack. John joins us from bangalore josie what happens i thought the u. S. Was trying to tighten its relationship with india as a counterweight to china. Indeed ben i dont think theres any change in that direction that the both countries are moving in but you should see these as minor hi