Ican hear i can hear you all groaning. And you too. Lets talk about Elise Christie. Yes, all overfor her in young chang, she leaves another winter Olympic Games empty handed. Thanks 0lly, and susan has all the weather. Good afternoon, this will cool you down, this is what is coming all the way from siberia, a biting easterly wind, this should make a difference to the way things also coming up. The pressure of dealing with debt when suffering from Mental Health problems. A charity says thousands of people are being pursued for money while in hospital. Good afternoon. This is afternoon live. I am simon mccoy. The chief executive of oxfam has said sorry for the way he defended the charity after claims of Sexual Misconduct. Mark goldring had accused people of gunning for the organisation, declaring that no one had murdered babies in their cots. Appearing before mps, he revealed that thereve been 26 new reports of misconduct since the haiti revelations emerged. The scandal has taken its tol
Muchas gracias for the new arrangement. This comes as the spat between seoul and washington gets worse over steel tariffs. That is right. It is not only rewriting the free trade arrangement, but now seoul has a wide ranging complaint to challenge the antisubsidy duties slapped on seoul. The tariffs are a whopping 50 . Seoul is crying foul as it does not want countries to be hit by this tariff, while other exporters like japan and canada have been included. This ongoing negotiation between the koreans and the United States on free trade is happening now. Lots of detail on that story. Lets go elsewhere now. The worlds biggest miners seem to be digging up profits by the truck load as well as commodities. With the Global Economy firing on all cylinders theres resurgent demand for everything from coal to copper and this week weve already seen strong numbers from bhp billiton and anglo american. And it seems the worlds number one Mining Company glencore willjoin them when it gives us its lat
Sentiment. Weak pc demand sending revenue down 5 . But they buck the trend. The turn around strategy pays off as it defies a slow down in china by targeting the high end of the market. Welcome everyone to the show. Shares in apple fell in after hours trade after investors ignore the quarter. They focus on weaker than expected forecasts for revenue in the Fourth Quarter and there were some other reasons they turned sour on the stock. Iphone sales came in at 31 billion with shipments 3 billion below estimates. They also bundled other devices. The tech giant would only say june sales were higher than april or may but the lack of detail left some analysts speculating over the success of the newest gadget. The Earnings Report is also weighing on tech stocks here in europe. Investors are also shrugging off a 32 rise in Second Quarter profits from chip designer arm despite earnings being broadly in mind with expectations. Simon cigar spoke to cnbc earlier about a possible apple takeover. Ther
Tom lets begin our friday coverage. Here are top headlines with vonnie quinn. Vonnie they would have had real snow, where beijing will have to import snow. Representatives of the ecb, imf and European Union are meeting in athens with the cabinet minister. Tsipras made troika a dirty word during the campaign. There is a rebellion among members of his party. He told lawmakers today he never had time to lead greece out of the euro. Shares of linkedin are falling in premarket trading. The professional networking website forecast revenue. There is concern that linkedins growth is slowing down in its core business. President obama is warning that opponents of the nuclear deal with iran are putting the squeeze on congress. He held a Conference Call with allies last night and said supporting that it will be tough for lawmakers i can tell when they start getting squishy. A Top Lobbying Group is pressing for the deal to be rejected. And fitness fanatics cannot get enough of soul cycle. The chain
, at bloombergs European Headquarters in london. Manus ahead, we have two big interviews. In 10 minutes we speak to the ceo of italy secondlargest bank. Paolo. N francine then we are joined by continentale chief executive offers. Manus first, commodities are trading at their lowest in 13 years with oil, metals and crops being effective. Francine supply gluts and the slowdown in china and prospects of the yard the rise in u. S. Interest rates extending the rout. Us is the bloomberg managing editor for commodities. Been oversold are we are expecting bad news . That depends a lot on what happens in china, about how the story develops. We see data that shows a slowdown in the real economy. If you start to feel that, the bearish mood can continue. Links one of the biggest is between china and the producers. We have had everybody through the door. If we look at what the miners are doing and the china story, how does that balance . Will even at these prices, miners will still be making money.