W business i want to go jones and berlin good to have you with us just 3 months after joining tick talk with great fanfare kevin is quitting the chinese owned video app and his short career with the company the former disney executive 1st found himself bang in the middle of a current tech war raging between the u. S. And china. The big question is will kevin mayer find a u. S. Buyer for chinese video platform ticktock before he goes. 4 ringback so far microsoft facebook and oracle have expressed their interest u. S. President donald trump says the app will be banned in the u. S. Unless its brought up by an American Company open competition far from it tick tock belongs to Chinese Company bite what it actually does with the data of tick tocks 100000000 u. S. Users is unclear chinas willingness to spy on app uses generally is well known. Thats why us social media platforms like facebook you tube and twitter have been banned from operating in china for years there are 2 worlds when it com
And oil is up to the tune of 25 . The jobless claims rocked the street. We were expecting them to be bad. We were not expecting them to be 6. 6 million bad. Jackie deangelis, jackie. Reporter good afternoon to you, neil. Lets go ahead to start with the tweet from the president that had the dow jones up more than 300 points now. The president said, i spoke to my friend, mbs, crown prince of saudi arabia who spoke with president putin of russia and i expect and hope they will be cutting back approximately 10 Million Barrels and maybe substantially more, which if it happens will be great for the oil and gas industry. The markets are rallying on this, because low oil prices are good for consumers and businesses that use oil. Statement, you dont want the price to be so low that the shale producers go out of business. That the Oil Producers have a hard time, staying, conducting, keeping things going. So prices spiking today, more than 20 is a positive sign that it is all moving in the right
2019. Heres todays eye opener, your world in 90 seconds. We have trees that blew apart. Dozens of tornadoes in mississippi, louisiana, and alabama. The same system causing major problems across the middle of the country. Severe weather is responsible for deaths. The danger is far from over as the storms push east. Significant icing will cause major problems. A major showdown is coming to a head. Hes being impeached for doing the right thing as president of the United States. Nothing to be defensive about. A mississippi death row inmate tried six times is granted bail. Curtis flowers was arrested 23 years ago. Im so excited. Boeing is temporarily halting the production of its 737 max jet. Work on the plane will stop in january. All that christmas came early for this Major League Players mom. The gift that keeps on giving. All i want for christmas is you has finally hit number one. All i want for christmas is you and all that matters it was a starstudded event for star wars, the skywalke
Good morning, everyone. Good afternoon if you are watching from asia. This is bloomberg surveillance. I am in italy for the ember city ambrosetti forum. Lot to do with the economy, the trade war, with no end in sight. Although the two sides did decide to meet her we go back to our wall of worry. What im looking at. European stocks were up at the open a touch, now they are down. 1 . A lot will have to with the number we get from u. S. Jobs. Looking at treasuries, they are slowing some of the declines we saw yesterday and we shot a sharp selloff. Im also looking at gold. It is probably the perfect litmus test when comes to risk on or risk off. And wti, there is little change their. There. So we will get back to the markets and great interviews, but first, lets get straight to london and first word news. Hong kongs Credit Rating has that is as months of persistent protests and violence continue. Fitch says it is testing the framework that governs the relationship with china. Carrie lam sa
At the emirates. Good afternoon and welcome to the bbc news at one. Downing street has described as unacceptable remarks alleged to have been made by one of the conservative partys biggest donors about the mp, diane abbott, during a Business Meeting in 2019. The guardian claims that frank hester said ms abbott made him want to hate All Black Women and that she should be shot. This morning diane abbott has called the alleged comments frightening. Mr hester has admitted making comments about her which he described as rude, but his spokesperson has said this is not a confirmation of the quotes in the guardian. Henry zeffman has the story. Some people who give millions to Political Parties have high public profile is. Frank hester didnt. Until now. This is what the guardian says mr hester told staff at the Health Care Software company he built from scratch at a meeting back in 2019. Its like trying not to be racist, but you see diane abbott on the tv and you just want to hate All Black Wom