A suspected bomber. And the head of Japanese Technology Company Toshiba quits. We look at how the scandal could impact the japanese economy. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] i am sarah kelly. Thank you for joining us. Marooned in special election has taken place against burundis special election has taken place against a backdrop of violence. Leaders have guided the vote saying it was unconstitutional and other serious candidates were prohibited from campaigning. It has plunged the room d into crisis fearing the violence could escalate into another the room the burundi into a crisis fearing the violence could escalate into another civil war. The polling stations were almost deserted. I did not go to vote, this man says. I reject the idea of a third term for this president. It is unconstitutional. Many fear a return to political unrest. There is no security in burundi. We are not sur
Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Year to date General Motors pickup sales, both fullsize and midsize up 25 . Thats one reason why gm is doing so well in north america which we saw in the 2q numbers. Eli lilly beat the street. Meg tirrell, the Company Raised its forecast for the year. The beat on the adjusted earnings was 16 cents. Raise only by 10 cents though. Ceo on squawk box this morning address what went into that question. As we are launching products and bringing drugs through our late stage pipeline that drives certain am
To mark the symbolic handover of the project to the scottish government. Good morning. Its tuesday, 29th august. Im annita mcveigh. Welcome to bbc newsroom live. Japan and the United States have requested an urgent meeting of the Un Security Council later today after north korea fired a missile that flew overjapan before crashing into the sea. The missile flew over northern japan before it crashed into the sea off the countrys east coast. The launch prompted an alert and people were told to take cover in basements or concrete buildings. The japanese Prime Minister, shinzo abe, said the launch was an unprecedented, serious, and grave threat to his nation. North korea has fired rockets over japan twice in the past, once in 1998 and again in 2009, but on those occasions pyongyang claimed those they were satellite launches, not weapons. Just before midnight, foreign secretary borisjohnson tweeted that he was outraged by what he called north koreas reckless provocation. The Chinese Governme
Taxes and nuclear topping the agenda as candidates stake out their campaign ground. Sayse the baidu President Donald Trump is bad for the world. We hear exclusively from chung. Let us show you the reaction to what happened last week to the move on the reserve rate in china. Happenedou what has because we have Smaller Banks with different reserve ratios to the larger ones. It could boost the confidence of investors in china. Not to say china is turning to easing policy but there is a vast improvement. One of the strongest Central Banks can execute some easing when required. You can see this as the reserve cut is taking place. Interest rates, 4. 3 , way above 1. 75 interestts rate there. Inflation at about the same, about 2 . Releasedhe pboc september new lending today. That is what we are looking for. Paul allen has the first word news. Has baidus president warned that President Trump approach to free trade may be bad for the world. He said protectionist policies would limit flow into t
2thirds coming from chinese equities. They vow to defend its deal with ge amid reports that regulators are concerned over competition. Theres a change up at swit twitter. He grew with a market cap of 25 billion but his ten year was marked about criticism of slowing user growth. On a Conference Call he says the discussion began last year. Were fully committed to maximize value per shareholders and we see no reason why we cant continue to do that as an independent company. Were focussing on executing against the Strategic Priorities repeatedly repeatedly. I do not foresee any changes in strategy and direction. I believe in the course that the company is on and the Management Teams ability to fulfill it and execute on it. Twitter shares reacting positively. You can take a look at how its trading in frankfurt. Shares up about 4 . They will be on squawk on the street in an exclusive interview at 10 00 a. M. Eastern time. You wont want to miss it. To get those two individuals together and se