And keeping a close eye on the markets. , here in europe, they are ending ona markets. , here in europe, they are ending on a downward trend. And well be looking back at the Economic News of the week as the us cuts Interest Rates and oil prices prices continue their rollercoaster ride after the attacks on saudi oilfacilities. And as comedians head to a british girls school to give classes in confidence to pupils to help them with Difficult Conversations like those over pay in later life. Today we want to know what are your top tips for boosting your confidence at work . Let us know just use the hashtag bbcbizlive hello and welcome to business live. Lots to pack in for you this morning we start with thomas cook its the Worlds Largest and oldest travel company but its future is looking increasingly uncertain. A planned rescue of the struggling firm by chinese conglomerate fosun is now under threat after its banks demanded it find £200 million in extra contingency funding. Without the de
Likely to affect every sector of german life from manufacturing to housing and transportation meeting emissions targets will be a mammoth undertaking just look at that germanys Energy Sector is the countrys chief contributor to Greenhouse Gas emissions producing 311000000 tons a Manufacturing Sector is also high on the list with 196000000 tons of harmful emissions there followed closely by the transportation sector housing and Industrial Buildings as well as the Agricultural Sector so pretty much all industries crucial to our way of life simply producing too much Greenhouse Gas emissions something has got to give questionis what well for more im joined now by far my hes chief analyst at a solve a call and invest good to have you with us so germany needs to cut its levels of Greenhouse Gas emissions in half by 2030 who is going to pay for it. Well let me start with as one basic idea its a big risk the world in germany and europe is running was the Global Warming but the tosca is to make
Investigations for deceiving authorities, Price Transparency violations, bribery, and sexual reports of sexual harassment. Investors pushed out kalanick inhe ceo and founder, and 2017, Dara Khosrowshahi was brought in to fix it. He has brought in new management, worked to rebuild trust and reputation. Still, it hasnt been an entirely smooth ride. A big flashy i. P. O. Sparked excitement, but ultimately, investors were not impressed. Now the job is to prove them wrong. Joining me on bloomberg studio 1. 0 at uber headquarters in downtown san francisco, uber c. E. O. Dara khosrowshahi. It has been a long two years. Two years ago, it was announced that you would be replacing former c. E. O. Travis kalanick. And even you have admitted you were the unlikely dark horse, even accidental choice. So two years later, did they make the right choice, and did you make the right choice . Dara [laughs] i know i made the right choice, and i hope they made the right choice. Im confident that they did. Y
Oversight of the department of Energy Research and development enterprise. Welcome, mr. Secretary. Were delighted youre here today. This committee has jurisdiction over the department of energys vitally important science and Energy Research and development activities. The laboratories and facilities so i hope we see you much more frequently from now on, and i look forward to working with you throughout this congress. With the budget season mostly behind us, id like to bring just a few minutes and a few items to your attention. Ill start with the good news which is that despite the administrations best effort to make draconian cuts across the board to deo research and Development Programs, most actually fared well in the house of representatives. Im particularly pleased to see the increases to the budget for arpae and the long Programs Office both of which have yielded truly transformative results for Energy Technologies of all types. Im also quite happy that the house supported a subst
Test. Test. Test. And part of that reason is because of the research that is going on at our National Labs. And im going to, again, ask paul to share with you, just because hes fresh out of seeing some of this and has to do with the Battery Storage. And the progress being made on Battery Storage is really fascinating. And ive always said that Battery Storage is the holy grail. If were able to get to that point where we can use our renewables, solar and wind in particular to power these batteries that have long time storage, and what were finding now is that the the elements that are being used to create some of these batteries are not Rare Earth Minerals and theyre elements that we have right here in the United States, so were going to be in control of our future substantially more on the Battery Storage if you just kind of give them a glimpse of whats going on here and i think thats pretty exciting stuff. So a couple of examples, the complex, r d business, beyond lithium ion batteries