A short time ago my colleague Sally Bundock spoke to a board member of the future Investment Initiative, matteo renzi, who was also Prime Minister of italy. He told her what the initiative is all about. Future Investment Initiative tried to offer a platform of dialogue, particularly in business and correctly you explained the quality. One point, european. 400 ceos from europe as well as china, discussing here the initiative that became one of the most attractive and brilliant possibilities of exchange. Last time was in the army the next time will be in hong kong but this is the pillar of the initiative of f at the same time, there are a lot of tensions in the economy so we need a new campus is the new title of this initiative. A new campus to understand what would be best for business and politics. Light to what extent is whats happening in israel and gaza are overshadowing this event now . I believe that everything thats happened in the last two years on the border is an unbelievable
Chinese government which it is why it has so many facilities on the chinese mainland and what we know about what it is being investigated for . There were few details in the article, but we know its something to do with taxes, land use and potentially breaking laws and regulations. Any indication of why this is happening now . Any indication of why this is happening now . There is no details on happening now . There is no details on what happening now . There is no details on what prompted i happening now . There is no | details on what prompted the investigation but its a sensitive time for taiwan. We are two and a half months away from a president ial election and taiwan is a self governing territory but china claims as its own. The other interesting thing is that foxconn s Billionaire Founder is running in the president ial election and that might be a coincidence its happening at the same time. It is largely seen as being pro china and pro business, something he has pushed back on
Plant in mid october. The tactic has been to play the auto makers against each other and in this instance, the uaw may try to pressure still lantus in an offer on the table. We will get a glimpse into what this means when gm and Ford Report Currently Earnings this week. In the fast, the ued have used pay and reports to fuel the argument that the companies can afford concessions to workers. Gm reports tuesday Given Wild Streak the first book. Ford falls on thursday. Streak the first book. Ford falls on thursday. Staying in the us, ramblings falls on thursday. Staying in the us, ramblings and falls on thursday. Staying in the us, ramblings and the l the us, ramblings and the market appear to have concerned investors. The snp closing at its lowest since may, as you can see since. 0ften its lowest since may, as you can see since. Often viewed as a safe haven investment. S p leading to a fall in the yield. That has bounced back on concerns that the fed will continue to hike rates. Last week
Is a Taiwanese Company has got good relations with the Chinese Government which is why it has so many factories on the mainland. Foxconn says it will cooperate with authorities and respond to whatever it is asked. ~. , respond to whatever it is asked. ~. Respond to whatever it is asked. ,. , asked. What you make of the timin asked. What you make of the timing of asked. What you make of the timing of the asked. What you make of the timing of the developments . J timing of the developments . Its not clear why its happening now. What we do know is its a sensitive time for taiwan. Two and a half months from a president ial election which will be of interest to china. China claims taiwan as its own, although it is a self governed territory. The other interesting thing is that the former foxconn ceo and Chief Executive and founder recently cut ties with the company so he could run in and theres no indication it might be a coincidence and at an interesting time for them to be investigated in
It is once again going to feel pretty warm. I will have all of the details very shortly. Its sunday the fifth of may. Good morning to you. Our main story the conservatives have suffered a significant defeat in the West Midlands after losing the regions Mayoral Election to labour. In the closely fought race, andy street, who was seeking a third term in office, lost out to Richard Parker, by a margin ofjust over 1500 votes. The result had been seen as pivotal for Rishi Sunakfollowing One of his partys worst ever performances in this weeks local elections. Our Political Correspondent Damian Grammaticas reports. Parker, richard labour and co operative party, 225590. It was a result that will send a shudder through conservatives. Street, andrew, the Conservative Party candidate, 224082. Labour victorious in the west midland mayoral race by 1508 votes a tiny margin in a region of 2 Million People. One of the conservatives high profile metro mayors andy street toppled. The Labour Leader was t