People. He says the move will raise about 800 million a year. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Emily i am emily chang and this is Bloomberg Technology. My see of the sun devils down on his quest for u. S. Consolidation. An offer for charter hanging in the balance. We will weigh all the options. The memo nobody missed from google. An engineers manifesto has gone viral. The backlash that hit resets on Silicon Valleys diversity problems. Netflix rolls the dice on its first acquisition ever. We will break down the back on the bet on superheroes. Softbank is back in the spotlight with earnings that helped softbank beat estimates. Good news for softbanks chairman and c. E. O. Masa Masayoshi Son. The billionaire is in the process of creating the 1 billion visions fund. The fund was included in the results for the first time. He says he considered various deal options. Joining us to
Meeting in birmingham. Now on bbc news, all the latest Business News live from singapore. Round one of nafta talks wrap up as the us, canada and mexico try to reva m p the us, canada and mexico try to revamp the 20 year old trade agreement. And find out why an entrepreneur in japan is agreement. And find out why an entrepreneur injapan is staking her future on dna analysis. It is a monday, everyone. Glad you could join us for this edition of Asia Business report. I am rico hizon. The first round of talks aimed at revamping the north american trade agreement, or nafta, ended a few hours ago. The us, mexico and canada held meetings in washington, dc and covered more than 200 different negotiation topics. Our Business Reporter has been following this story. A lot of wheeling and dealing, but was there progress made in this negotiation process . Based on thejoint statement in this negotiation process . Based on the joint statement the countries put out following the first round of talks, i
The trillion dollar Tech Industry gathers in las vegas In Search Of The gadgets that will get it growing again. Plus polarising opinion we find out whats behind the scramble for lithium and whether the boom is heading for bust. Welcome to World Business report. Im Sally Bundock also in the Programme Alibaba cracks down on counterfeiters. Details in a moment. But first. We start in las vegas where thousands of Technology Executives are gathering for the annual Consumer Electronics show which opens today. Its the most important event of the year for the Tech Industry a chance for companies to show off the gadgets we will, they hope, soon be buying. Its a huge business and also an increasingly tough one. According to the Consumer Technology association which organises the las vegas show we will buy Gadgets Worth close to a trillion dollars this year. The problem is the industry as a whole is not growing. If its accurate that figure would be down around 2 on 2016. And it would be the the f
Motor city motors on. Fiat chrysler says it will invest 1 billion in the United States as the Detroit Motor Show gets under way. Iron ore prices are set to plunge thats the message from the australian government, sending Mining Stocks down. Welcome to World Business report. Im sally bundock. Also in the programme The Boss Of Rolls Royce is here to tell us why luxury cars still have the edge. That is his view. We will talk to him ina that is his view. We will talk to him in a moment. But first over the next few days, the worlds car makers will be taking the wraps off their latest products at the Detroit Motor Show. The car seems more popular than ever an estimated 75 million were sold last year, but 2017 is already beginning to look like a big year of change for the industry. Not least because more of them are looking to invest in the United States. In the last few hours, Fiat Chrysler has said it will put 1 billion into two us factories, which will create 2000 newjobs. The incoming Pre
Home sales number that we got last week. Here. Trong numbers overall not a lot of change in stocks. Leading gains up. 4 . The focus continues to be on stocks, particularly today. Apple out after the bell along with twitter. The moversa look at on the earnings number. They beat analyst efforts in particular. Cars and machinery, the stock advised since 2000. United technologies saying its 2016 profit forecast is raising the lower end of the forecast. Not having to do with earnings, 6000 sharesorning of netflix, 8760 per share. What isears to be boosting the shares this morning. There are always winners and losers. On the downside, we have signed this point back by seven point percent. Forecast for 2016. It is lower but not having a negative effect on the nasdaq. Estimates at 3. 1 . Back, the company says stock to get. It will cut the Production Forecast for its indonesian operation, one of the worst forming stocks in the s p 500 today. Mark the equities session, where up for a second day