First, all the Business News with rico hizon in singapore and Asia Business report. We look at what companies in America And Asia want from the us fed s intradays meeting. Todays. Im glad you could join us. I am rico hizon. It is less than 2a hours before we find out if the Us Central Bank will raise Interest Rates for a second time this year. Analysts widely expect the fed to increase the cost of borrowing. It has fallen toa16 the cost of borrowing. It has fallen to a 16 year low and Economic Growth appears to have picked up, with inflation so low, wieters The Fed Stand ready to act again . Michelle fleurieu has more from new york. Fleury. This factory is growing at a dizzying pace. We have been grown for the last 18 months between 15 and 18 . This woman Left University to set up this start up, hoping to revive an industry many left for dead. Here, they sell close not to customers but directed to businesses, who demand a fast turnaround. The firm now employs 65 people, and has set up
Can extend the agreement if necessary, we can increase the amounts that need to be reduced, or on the contrary, we can move to reduce them, but everything will depend on the ongoing situation. The white house defends donald trump jr. s meeting with a russian lawyer last year as a new report suggests he knew the person offering compromising information on Hillary Clinton had russian government ties. And open for business we speak to a number of frances top executives at the europlus conference as the chairman tells us brexit will be a boom for paris. We have now plenty of the elements in order to convince the uk to reach institutions which want to come back on the continent to paris well, its a mixed bag for the european open just an hour after trading starts, resulting overall in the stoxx europe 600 being down by around onefifth so far today lets have a look at how the individual european boards are opening up this morning, and we can see here that its actually well, the cac is pretty
Good wednesday morning im Carl Quintanilla with jon fortt and sara eisen we have Jason Calacanis with his new book entitled angel. Nasdaq hits another record high. Were trying for backtoback days of record gains index is coming off the 43rd record close of the year one standout is going to be amd soaring after beating estimates in the recent quarter issuing strong guidance. That stock is on track for the best day since june 21st the best day in weeks here after an amazing run already. Yeah. First of all, thank you for having me. From what you have seen so far, i think 20 of the s p is already seeing strong numbers out there. From the internet point of view what were seeing, which is very Strong Demand that continues secular shifts, offline advertising coming online, you saw that in googles numbers they are expecting that in facebooks numbers it is strong numbers from advertising driving the demand. This is what we call jason, the sweet spot of the secular trends we have been talking ab
Because we are making the right decisions. Francine we will have plenty more from our exclusive interview with the economic minister of france, le maire. This is bloomberg surveillance and im Francine Lacqua in london. There is quite a lot going on and quite a lot of things we need to keep an eye on. European stocks are edging higher, bolstered by Resource Companies after iron ore surged. Fridays data seem to lead to gains. Amongst the biggest gainers, i andooking at bhp billiton anglo america. Oil, 39. 43. Lets get straight to the bloomberg first word news with taylor riggs. Reporter north korea is threatening to take action of justice in response to u. N. Sanctions imposed over Intercontinental Ballistic Missile tests. That is according to the korean central news agency. South koreas foreign minister briefly spoke with his northern counterpart yesterday, urging him to respond to the offer to resume talks. group of mercenaries attacked during the early hours of yesterday morning. Spea
Violence in charlottesville in an erratic News Conference prompting more criticism and departures by key Business Leaders. I think theres blame on both sides. I have no doubt about it you dont have any doubt about it either. Only and if you reported it accurately, you would say it good morning its wednesday welcome to another episode of street signs. Want to kick things off with comments coming from the ecb saying that the ecbs president mario draghi will not deliver fresh policy messages at the jackson hole symposium which usually takes place the end of august in wyoming, in the u. S. He wants to hold off on that debate until the autumn. Thats according to sources familiar with the discussion once again, reuters reporting this morning that the ecb president , mario draghi, will not deliver a fresh policy steer at jackson hole. We know jackson hole is usually known forbig policy announcements, whether it comes from the fed or the ecb. A lot of people were expecting for fresh commentary