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Transcripts For BLOOMBERG Bloomberg Markets 20240713

Results as leadership speculation swirls. Lets look at how we are positioned on the markets. Australia, looking like a flat open. Moved loweres have on that news from apple. Nikkei futures off about a fifth of 1 . New zealand has been trading for about an hour now. Ospi futures the latest company to announce fallout from the coronavirus. Joining us, mark gurman. Background into this announcement. Apples second revenue adjustment to years in a row. This time it also has to do with china but for a different reason , coronavirus. Billion for the march quarter. They are not saying what the new Revenue Target is. It is very clear that this is happening an impact on them. Sales in china are down dramatically. Two stores, most of which have been closed in february. China is the third biggest market. Second, the iphone is temporarily constrained, meaning they are producing less and selling less in the quarter. Andiphone makes between 50 60 of the revenues depending on which quarter you are loo

Transcripts For BLOOMBERG Bloomberg Best 20240713

A prolonged photo. Political leaders deal with challenges internal and external. Investment is being reviewed to attract investment and provide jobs. How long are you willing to wait before you take legal action . We are patient. The worlds top investors shared perspectives in a turbulent year. China iy like wish america had better industrial policy. All the Central Banks around the world are moving towards lower rates. The headlines, the trade war has put americans on their heels as far as investing in china. Juliette while hong kong has suffered political unrest for months financial leaders have faced the economic future. Mediumterm outlook for hong kong in the region continues to be positive. Juliette it is all straight ahead on this special edition of bloomberg best. Hello and welcome. I am juliette saly. On this special edition of bloomberg best, we will look back at 2019 in asia by revisiting some of the years most interesting interviews with newsmakers, policymakers and leading

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Leader Chuck Schumer asked Mitch Mcconnell for there to be additional witnesses called in a senate trial. John bolton, mick mulvaney. Mitch mcconnell has just responded and said that is not going to happen. Democrats not going to like that response. Meanwhile, we are also getting new words from nancy pelosi about who will lead the prosecution process from the house of representatives in the senate trial. Once the houseboats to impeach president trump, there will be a handful of impeachment officials from the house who will make their case in the senate. That willlosi said not come until the next day or so. All indications are pointing toward House Committee chairman adam schiff and House Committee tworman jerry nadler, familiar faces with this process. Kevin thanks so much to kevin cirilli. Now we turn to edward evans in london. We heard Prime Minister johnson once a brexit no matter what year. Edward so much so he has changed the law so that the transition period of that will apply af

Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240713

What curves. Output curves. Kathleen and the biggest demonstration in hong kong in months. The protests will drag on into the new year. Markets have opened. What do you see . Gaining. 2 . Sx 200 ceosurprise resignation of futures are pointing higher. Policy decisions from the fed and ecb as well as aramcos big trading debut in riyadh. And the fed will close out its current session this week with Prime Minister of a going to win a deal. We are waiting on japan final Third Quarter read which could be revised up. We will get a reading on chinas credit data. Seeing the offshore yuan holding steady, the weekly gain trading at the midlevels. The aussie dollar under pressure this morning. The line of 68. 10, easing compared to dwindling odds for the fed rate cut in 2020. Aussie benchmark bonds are mirroring treasuries, falling for a Third Session and looking at cable, marginally lower but above 131 at a sevenmonth high. A big week for british politics and progress of brexit. More on that stor

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Black friday discounts in france, dozens of anticapitalist and environmental activist staged sit ins outside amazons french headquarters northwest of paris. They blocked two depots before being cleared out by police. Protesters have blamed the online giant for the introduction of black friday in france. They say it contributes to hurting the planet. Global news 24 hours a day, on air and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Am ritika gupta this is bloomberg. Romaine 12 00 and new york, 5 00 in london. Live from bloomberg world headquarters, i am romaine bostick. Taylor i am taylor riggs. This is Bloomberg Markets the close. Romaine London Bridge under lockdown. U. K. Police say a man has been shot after a terrorist incident. A mixed message from germany. Unemployment falls on a national audi, but daimler joins and bmw in announcing big job cuts. And we announce how private equity players are beating warren on the deal front. All t

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