1 ,s p up by nine tens of tech leading the charge. European markets underperforming but the ftse 100 pushing on gains over the last hour. Most european markets gained early than flatlining into the afternoon. We are seeing a bit of a return to the dollar this afternoon, still trading at the 118. 119 earlier on and security markets continue to be in focus as the ecb suggests there may be rates that could be cut further. Lets start off our conversation on the u. K. Labor market which took a turn for the worse in july. Total job losses climbed to nearly 700,000 since the start of the pandemic. Tois considering plans support jobs as per the government cost Furlough Program ending next month. Businesses need support which is why many of the intervention we have put in place lasts the last through the next year. I have not hesitated to act and create effective ways to support jobs and employment and we will continue to do so. From brusselsg us is Vincent Juvyns from jp morgan. Sunak may be s
Facebook executives has been meeting with advertisers and Mark Zuckerberg has agreed to meet with civil rights leaders to hear their concerns. But he has had such meetings before. Will another meeting change anything . Joining us is the color of change Vice President , part of the folks who have been pushing the stop hate for profit campaign. Thank you for joining us. Were hearing that zuckerberg has agreed to meet with folks like yourself to try to hear you out. What are you expecting to hear from him, given that you have met with him before and his position has not necessarily changed . Thank you for having me. We are hopeful that in a meeting with Mark Zuckerberg, he will finally hear our real concerns about how the platform is operating. We have obviously been in conversations with the corporation for years, and our demands remain the same, but we are hoping that in light of this new pressure from corporate advertisers from across the globe that he will actually hear demands for a
We will see mixed pmi globally. The pmi will continue falling. It will be a big hit to china, hong kong, maybe all of asia. The bond market is saying something is wrong. You look at where we are in 10 year yields. Fixed income yields keep falling. Yields are incredibly low. Very low yields. They are pricing in structural stagnation, recession, or deflation. Weakness overseas, negative yields overseas and the relative attractiveness of the treasury. Investors trying to find safe havens to ride some of this out. Jonathan joining me around the table in new york, priya misra, vishwanath tirupattur, and from minneapolis, Tony Rodriguez. We will talk about the data and then move into the treasury market. Lets begin with the data. It is really quite messy and difficult to get your hands around. Priya it is, but todays data is the only data point where we can say the u. S. Might be impacted by the coronavirus. I would say you look at price action across asset classes, it looks like the treasur
Apple ceo tim cook the stage in cupertino tuesday, unveiling new Iphone Models with new colors and three cameras. Details on those products and more like the apple watch. And linking up, we check in with linkedin ceo jeff weiner and his thoughts on the Company Three years after microsoft acquired the job listing site. We begin with one of our top stories. Oracle announced wednesday mark hurd, the ceo, is taking a leave of absence for health reasons. This after the company disclosed the move along with Quarterly Earnings earlier than they said were to be released the company did not specify what issues hurd faces were how long his leave will be, but the executive chairman, larry ellison, released a statement saying, oracle has an extremely capable ceo ending the extraordinarily deep team of executives, many with long tenure at oracle. We will cover marcs responsibility during his absence with support from the rest of our strong management team. I spoke with our bloomberg Senior Intellig
Details on those products and more like the apple watch. And linking up, we check in with linkedin ceo jeff weiner and his thoughts on the Company Three years after microsoft acquired the site. We begin with one of our top stories. Oracle announced wednesday mark hurd, the ceo, is taking a leave of absence for health reasons. This, after the company disclosed the move along with Quarterly Earnings earlier than they said were to be released the company did not specify what issues hurd faces were how long his leave will be, but the executive chairman, larry ellison, released a statement saying, oracle has an extremely capable ceo ending the extraordinarily deep team of executives, many with long tenure at oracle. We will cover marcs responsibility during his absence with support from the rest of our strong management team. I spoke with our bloomberg Senior Intelligence analyst and Global Executive editor tom giles. There have been signs over the last year that he may not be him unwell, s