Are looking like. Well tell you all you need to know for the day ahead. Banks down under in trouble as well. Some down graded by moodys. Today, as venetians vote to ban the big cruise ships, let us know what you think. Are you a fan of a cruise or is it possibly the worst holiday idea that you could even come across . use bizlive. Hello and welcome to Business Live. 7 . . . Newsub the former Chief Executive and three other ex barclays staff are also ba rclays staff are also facing criminal charges. The charge relate to the emergency funding. At the height of the financial crisis in 2008 this was. It was at the same time that rival banks, rbs and lloyds turned to the government here in the uk for help, but barclays government here in the uk for help, but ba rclays instead government here in the uk for help, but barclays instead opted to seek money from qatar, the gulf state. There are now questions over how the funds were raised and what barclays offered to qatar in return. Lets get the
Ground one with trade talks postponed until at least october. Haidi tesla is said to be close to making cars in china. That means it could avoid actually import taxes. Property making headlines. Hong kongs Financial Sector saying the system is sound, but moody is the problems in australia. Seeing problems in australia. Lets get to business. We will know in 24 hours when we are sitting at our desks about whether chinas a shares are being included in the msci global indices. Some people are taking bets that this is already happening. A series lets look at chart 31. This is a u. S. Exchange traded fund invested in mainland chinese stocks. It is swelling before that decision. We had been denied three times here. Etf has grown to around 138 million. It was 20 million in late february. People are positioning themselves. Haidi thats right. It is in a cyclical way. Could that be informing when the msci has made all these concessions . Looks like it might be given the green light. Some of the e
Plans going forward, very confident. Mark he spoke with matt miller Geneva International motor show where v. W. Unveiled a luxury sedan. The former french Prime Minister ays he wont step in to be a replacement candidate for president. The Republican Party primary. He faces pressure to step aside implicated in a corruption scandal. Dozens of Republican Party fficials have withdrawn their support. China is expanding efforts to reform the coal industry. Authorities plan to shut smaller dirtier power plants as part of against pollution and industrial overcapacity. Hina is the worlds biggest emitter of fossil fuel pollution. Lobal news 24 hours a day, powered by more than 2,600 journalists and analysts in over countries. Im mark crumpton. This is bloomberg. Scarlet live from bloomberg headquarters in new york. Im scarlet fu. Joe weisenhall. 30 minutes from the close of trading here in the u. S. The question is, what did you miss . Newlet is the president s irective, trump signing a skilledb
Under scrutiny as china clamps down on unusual movements in the markets. Let us know what you think of our stories. Follow me on twitter at rishaadtv and include trendingbusiness. Downome sales in australia 9. 7 . His is a volatile number lets find out. That number quite a big drop after an 8. 2 gain in june. Trying to see if there is reaction from the aussie dollar. It has fallen further than where it was. It was down. 25 percent, now off by. 3 . Weakness about the u. S. Dollar strength following those hawkish comments from janet yellen over the weekend . The chance of a rate hike coming through from the fed in september . You can check out on the bloomberg. We are seeing most markets under pressure. All stray off by. 8 australia off by. 8 . It is about the strong rally coming through in the nikkei, the yen weakness and governor kurodas comments lifting the equity market. On friday, but solid buying to kickstart the trading week, a different story across asia. Have a look at the asia
Are economic warfare. The eu has accused jpmorgan and other banks of colluding to rig interbank lending rates. Agricole weret also accused. Taking on the ipad. Microsoft is going to take on the ipad mini. Satya nadella expected to unveil a smaller version of the today with a qualcomm processor. Cory johnson is in new york. If you fail to make an ipad killer, try to make an ipad mini killer . Go small or go home. Microsoft has failed in the marketplace with the surface. The push of a push of a push and are trying to the corporate deals and big sales in a large institution. They are spending a fortune on marketing and getting this out there in the public eye. They are getting Product Placement and every possible tv show they can get it into. To make it seem like people are using it but in reality people are not. Fundamentally is it not a good product . One of the things we see havening is market leaders this experience with certain apps and they want to stay with them. The product has no