States the person behind that report will be here and later, carson clock. Right now carson will join us to fight back you dont want to miss it. Power lunch starts right now lets get straight down to more on what we know about the phase one deal and what we are still trying to figure out what we know is its an 86 page deal in a leather bound book outlining principals on intellectual property and currency by which both countries will abide china will be purchasing 200 billion in u. S. Goods includin up to 50 billion in agriculture goods. It will be no new tariffs so long as the two sides are abidesing by the agreement and continuing negotiations. No additional tariff roll backs are scheduled beyond the september 2019 round that President Trump announced by tweet today. Ambassador Bob Lighthizer told reporters he expects some ministe ministers, not the leaders, to sign the deal in january in washington the deal will take effect 30 days after that. I asked what happened over the last two
Nora quoirins grandfather has said there remain many Unanswered Questions surrounding her death, thats according to the daily mail. Solicitor and father peter duncan was stabbed to death after he intervened in a row involving a group of youths in newcastle, says the mirror. The express reports that the number of criminals hauled before the courts has reached an all time low. And the litigation funder Burford Capital has demoted the wife of its chief executive from her role as finance director in a pledge to overhaul its board, thats according to the ft. Nice variety of papers, we start off with the independent. And its the story thats leading and everyone is talking about at the moment. Developing quickly. And its leaders at war over a bed too but no deal with joe swenson at war over a bed too but no deal withjoe swenson pictured there. You this could have been very bad news story for the Prime Minister of borisjohnson. Story for the Prime Minister of boris johnson. With all the oppone
Than expected. That means we have a bit of a risk off move. We had moves from the central bank of new zealand, and overall, new zealand stocks are gaining. There is quite a lot of movement when it comes to commodities and we will have a full roundup of centralbank action and its impact on stocks and commodities. Coming up, we speak to the commerzbank chief Financial Officer. Dont miss that interview live later on bloomberg surveillance. Lets get straight to bloomberg first word news in new york city. Chinas currency policy is staying at the forefront of the trade war. Referenceet todays rate at marginally stronger than seven a dollar. Avowing to keep the Exchange Rate is vowing to keep the Exchange Rate study. Westminster and brussels blame the other for the diplomatic breakdown. Michael gove is in charge of planning for a no deal and says the eu is not bracing for a new agreement. The Prime Minister has made it clear he will not sign a deal that includes the irish backstop from a red
Including the Stock Market Debut of snapchats parent company. The shares jumped more than 40 on their first day of trading. Well, one American School which invested 15,000 in the startup back in 2012, has banked millions, so today we want to know whats the best investment youve ever made. Just use the hashtag bbcbizlive. Welcome to the programme. We begin with advertising. It often serves as an important key early indicator of how well an economy is faring. When advertising is doing well, were buying and selling and economies tend to be growing. The worlds biggest advertising agency, wpp, hasjust published its full year results in the last hour and a half. In a moment well hear from the companys founder and chief executive, sir martin sorrell, but first lets take a look at the numbers. Annual pre tax profits of 2. 3 billion for the group, up 26 on the previous year. The group has reported 2016 like for like net sales up 3. 1 . However, that growth may be about to change as wpp has set
Burford Capital (NYSE:BUR – Get Free Report) and Upstart (NASDAQ:UPST – Get Free Report) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability and earnings. Insider & Institutional Ownership 63.0% of Upstart shares are […]