A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. Also in the Programme Advances in Neural Technology could give us the ability to read each others thoughts. The Royal Society warns this is worrying if these thoughts are shared with corporations. What do you think . Should we merge machines with the human brain . Just use the hashtag bbcthebriefing. President donald trump has fired his National Security advisor, the hawkishjohn bolton. A series of disagreements over Foreign Policy issues appear to have come to a head over a meeting with the Afghan Taliban at the us president ial retreat at camp david that had been scheduled for last weekend. Mr bolton is reported to have objected in the strongest terms, particularly in the light of the approaching anniversary of the 11th of september attacks on the United States in 2001. Gareth barlow reports. If there is one constant in Donald Trumps time in office is change. His administration h
U. S. And china are trying to temper some of the repercussions trade war is having. You can see euro stocks gaining 0. 6 . The yen is also a good litmus 7. 81and you can see one of 107. 81. Tomorrow, we also have the ecb to look out for. Coming up, we speak to the former u. S. Ambassador to the European Union. Dont miss that interview at 10 30 a. M. London time. We talk u. S. Foreignpolicy and brexit. Lets get straight to the first word news. U. S. Goods to be exempted from tariffs last year were announced by china at the top of the list are pharmaceuticals and lubricant oils. Beijing is seeking to ease the impact from the trade dispute without lifting charges on agricultural item like soybeans and pork. The ministry of finance says further rounds of exemption will be released. Morgan stanleys ceo warned against the fed cutting too easily but says he supports of the reductions made so far. He made the comments at the Columbia Business School in new york. I have supported the latest fed
11th. Lets get you straight to some breaking news that is happening now in San Francisco. We are looking live at the top of the Sales Force Tower at the top of the city. We were just in four moments ago that police what we saw coming from this building was demon was not smoke. We are told the contractors are working, that is what led to the release of the steam. Again, it is not smoke. There is no fire on top of the Sales Force Tower. We will stay on top of what is happening to keep you up dated on what is happening here at the salesforce tower. Anything that we see that looks like danger, look into it. This time, it is not dangerous. Strike a little cooler in the afternoon. It is warming up. Some patchy low clouds. Not too much that will last as temperatures start to kick in. You can see some of that over the tower. It is not mentioned making much of a move. These are very cool temperatures, but on the upper 70s and low to mid 80s today. We had rain yesterday. In northeast california,
Misses expectations. Casp casp the ceo the tariffs are entering into the game. It will be a loselose for companies and regions. Best in a decades. Zurich hales a strong first half and strikes a bull iish tone on the outlook. The ceo says cost cuts have begun to pay off the change in portfolios in Property Casualty and we continue to shape our life portfolio to be neutral to the Financial Market situation and to provide risk coverages to our customers. A warm welcome to street signs. It is thursday, it does feel like friday after some of the market gyrations weve had over the last 24 hours. Yesterday was a tumultuous day across the board, across all different asset classes. Lets talk about some of the u. S. Equities price action the biggest comeback for the year across wall street. At one point dow was about 2 weaker, almost 600 points lower on the day it spent the rest of the session clawing back up slightly ending in the red yesterday below the flat line. S p and nasdaq did manage to
Manifesto online. We talk with ellen pao, the former ceo of reddit. Plus, uber and lyft post earnings. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just