First, to our lead. The continued fallout over the microchip security flaw affecting nearly all of the worlds devices. This week, microsoft said fixes for the vulnerabilities may significantly slow down servers and personal computers. In a blog post on tuesday, the company suggested they could be more substantial than intel previously indicated. Microsoft is also temporarily suspending some updates to windows operating systems that use chips that are freezing or not putting up from amd as a result of the fix. Monday night at ces, the intel ceo tried to reassure people that their data would be safe. The security is job number one for intel and the industry. So the primary focus of our decisions and discussions have been to keep our customers data safe. As of now, we have not received any information that these exploits have been used to obtain customer data. Emily we broke it down with ian king, who covers the chip industry. Ian to start off with, intel was very much, we are all in this
First, to the lead. The continued fallout over the microchip security flaw affecting nearly all work devices. This week, microsoft said fixes for the vulnerabilities may significantly slow down servers and personal computers. In a blog post on tuesday, the company suggested they could be more substantial than intel previously indicated. Microsoft is also temporarily suspending some updates to windows operating systems that use chips that are freezing or not putting up. Monday night at ces, the intel ceo tried to reassure people that their data would be safe. The security is job number one for intel and the industry. So the primary focus of our decisions and discussions have been to keep our customers data safe. As of now, we have not received any information that these exploits have been used to obtain customer data. Emily we broke it down with ian king, who covers the chip industry. Ian to start off with, intel was very much, we are all in this together, everything will be fine, nothi
Amongst the dollar weakness euro strength and that means european stocks are finding it hard to make any headway. 6418 right now. We are at a more than twoyear high. How will opec and friends respond . Heres emma chandra. Stocks fell more than 2 after a report that qatari fighter jacks jets intercepted an airline from uae. Its the latest escalation in the dispute between persian gulf monarchies. Saudi arabia, the uae and egypt all accused of destabilizing the region. Carillion has fired for liquidation filed for liquidation. The shares have fallen more than 90 since july. It employs 43,000 people worldwide. Its a further boost to the International Status of the chinese yuan. Liquidation filed for liquidation. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. Im emma chandra. This is bloomberg. We will get a perspective on whats going on in the markets today despite the holiday in the United States. The dollar is really dominating the t
Heinekens fouryear earnings, but the dutch brewer forecasts a lower marketing ahead impacting the environment. What were striving for is around 25 business points extension due to residual due to the fact of major integration in brazil at midyear. And the shares on the rise in one of the largest Pension Funds are teaming up in a potential 10 billion euro lid for a Specialty Chemicals unit and President Donald Trump prepares to unveil his 200 billion infrastructure plan relying on local government to rely on the heavy lifting. Good morning, everyone and happy monday, well probably have to pull you away from the Winter Olympics to see how the markets are doing, i had to do that myself. The picture is one of green. As you can see, everything is looking a lot more positive compared to the moves overnight. Overnight trading closed for the session, but the other indices were spiking and what that has meant, stoxx 600 opening up very strongly, about one hour, trading up 1. 6 . Lets look at th
Since september. Bigdr pepper is todays winner surging on the news of a 18 billion approach from coffee keurig. Yo betty that is a lot of caffeine to start your morning with. We saw ageold in the treasury market. They, it was really about bond market, and that is spooking investors. I want to pull up this chart. The yieldlking about curve flattening, there was a miss read of that, and we know primarily a big reason for that is the shorter end of the yield curve was rising faster than the long curve. Now it seems the 10 and the 30, which were lacquered, is finally playing catchup. Given the movement we saw today, that catch up might move up pretty quickly. We talked about what a wild week it was for traders. Announcing how much issuance theyre going to be having for this year, and also the report is a recipe for higher yields, and also the dollar catching up with this rising yield. You heard analysts with reports saying it is not going to last they arebecause saying, you cant exactly re