Begin to run out. Republican leaders met with President Trump as the party tries to get on the same page. I think i know what the final package will look like. Well discuss later with mattie duppler, plus . I am a believer in masks. Masks are good. But i leave it up to the governors. Charles President Trump is open to wearing of masks in a wideranging Fox News Sunday interview and were live at the Trump Campaign headquarters with reaction. That and much more on making money. Charles so now all your indices look like theyre trying to turn positive right now as we begin the week. Increased anxiety no doubt about it, but also resumption of the growth trade taking the lead. We saw second concerted effort to get the socalled value names to rally. The result was actually fantastic. We saw strong performances in industrial names, material names. Moreover, those gains actually came at the expense of technology and Communications Services names. Although friday we saw that reversal begin to cha
Karen lee, as well as in france, maria tadeo, and in jackson, karen hole, wyoming, Michael Mckee. First, we want to start in asia. China willorts that soon unveil retaliatory tariffs. Karen . Reporter based on what we know, china will take further retaliatory measures on billions of dollars of chinese goods measures in retaliation to tariffs on billions of dollars of chinese goods. At the same time, we have unrest in hong kong. We will be looking to see what those tariffs are. No details were revealed. Alix and hong kong, political turmoil potentially triggering a world recession. That was the conversation yesterday at jackson hole. These are not segmented regional effects. These have really global consequences. Pointould be a tipping that could trigger a very significant global slowdown, even a recession. Alix what is the talk over there . Thats Harvard University economist Carmen Reinhart saying it could be a detriment for the world economy. There are mobile shocks that could rattle
We start with netflix. Its shares have fallen sharply, down almost 12 in after hours trading after the tv streaming giant released disappointing results. Netflix has shaken up the world of tv with its rapid growth, but that growth seems to be slowing down as it puts up its prices. Lets show you some of the details. In the three months to the end ofjune, netflix had 151. 6 million paid subscribers. Thats a rise of 2. 7 million on this time last year. Almost half the five million the company itself was forecasting. In the us netflix actually lost subscribers for the first time ever. Revenues were just over 4. 9 billion dollars, up 26 on this time last year, but again slightly less than wall street was expecting. The compa nys market position is under threat like never before. Next year it will lose the rights to its two most popular shows, the office and friends, as owners nbc and warnermedia launch their own streaming services. Disney and apple are also launching rival services. That me
A first Interest Rate cut in three years for south korea the surprise move comes amid growing trade tensions with japan. Investors wary about some of those delays to trade deals around the world. Reviving a classic well speak to the man whos brought whisky and gin distilling back to an area of scotland that had been running dry for decades. We wa nt we want to know have price rises put you off netflix or are they are too many streaming options . Let us know just use bbcbizlive hello and welcome to business live. We start with the streaming service netflix. Its shares have fallen sharply down almost 12 in after hours trading after the tv streaming giant released disappointing results. Netflix has shaken up the world of tv with its rapid growth but that growth seems to be slowing down as it puts up its prices. In the three months to the end ofjune, netflix had 151. 6 million paid subscribers. Thats a rise of 2. 7 million on this time last year almost half the 5 million the company itself
Also on the programme President Trump was directly involved in talks that led to the illegal payments to Stormy Daniels according to unsealed court documents. And burger that. The patty without any meat at all. Could you tell the difference . Hello, i am katty kay in washington, Christian Fraser is in london. We are leaving the eu on october 31st do or die says the man many expect to be the Prime Minister this time next week. Borisjohnson is not wholly in favour of suspending parliament to force through a no deal brexit but neither has he ruled it out. And so today parliament moved to stop him, before he even takes office. The mps voted on an amendment to the Northern Ireland bill. The change they forced through, requires parliament to sit and debate progress on restoring devolved government to Northern Ireland. In theory it prevents parliament from being suspended through october. I7 tory rebels backed the amendment. A further 30 six of them cabinet ministers including philip hammond,