Ross spoke to bloombergs Francine Lacqua over reports that he did not disclose a business relationship with Vladimir Putins soninlaw. It has to do with his ownership stake in a shipping company and its links to a Russian Energy company. Secretary ross there is improper either in the way we handled the investment itself. Francine when you keep the stake . Secretary ross probably not. I have been selling it anyway, but that is not because of this. Mark u. K. Labor party leader Jeremy Corbin wants offshore investigated including the holdings of queen elizabeth. Documents from a law firm show that the queen made a serious investments in a Cayman Islands fund. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Julia live from bloomberg world that was in new york, im julie chatterley. Scarlet im scarlet fu. Joe im joe weisenthal. Julia stocks are rising, bonds are advancing, the dollar drifting from and
Particularly as they pertain to not something you just happen in the past . Thats right. This has been going on a long time. This is nothing new. Only the cost of doing it has been lessened. I would add that the use of cyber, social media significantly increase the. Mpact and capabilities obviously, this has been done for years and even decades, but the ability to use the thatconnectedness can all provides, they have up to their game where it is having a significant impact. For my perspective comes cyber is enabling them to access information that was not quite obtainable to the same level previously. Other times, actually dumping raw data which we saw during the last election cycle. Senator feinstein. Thanks, mr. Chairman. Onees obviously more than threat to our country, i would argue the greatest danger to the United States is north korea and im one of those who have been worried in trying to follow this as close as possible. In the statement for the record, you say north koreas miss
In central europe. Particularly, Cyber Security stocks are doing well this morning. Sally. And following that cyber attack, today we want to hear from you have you been affected what changes are you making as a result . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Microsoft says a huge global cyber attack, which has hit more than 150 countries since friday, is a wake up call. A huge number of companies were targeted in the initial attack including spains telefonica, fed ex in the us, and germanys railway firm deutsche bahn. Europol says the attack hit 200,000 victims in more than 150 countries and warns more people and businesses could find they are infected this morning. The national Cyber Security centre urges companies to Keep Security Software patches up to date, use anti virus software, and to back up your data regularly. Nicole eagan is Chief Executive of Cyber Security firm darktrace, shes here in the studio. Good morning. Just tell us a litt
It is monday morning, time to look at your data and what it is telling us. There is a little bit of a rally european stocks. Oc crude is the story of the day 48. 93. The nymex is up the tory government, after the weeks we had from the labor manifesto, the pound 1. 2924. We will have more on those equities rising in the optimism surrounding the Chinese International spending plan infrastructure, but first lets get to the bloomberg first word news. An unrivaled global cyber attack will continue claiming victims today as people return to work. Even after hospitals and other facilities gains the upper hand against the malware, it affected organizations and businesses, including the National Health service, russias ministry of interior and nissan. Saudihas jumped after arabia and russia said they favor extending Oil Output Cuts through the end of the First Quarter of next year. The Energy Ministers of the Worlds Biggest Oil producer spoke at a joint News Conference in beijing. We have to th
China. The expectation is for the weakest reading since september. We have world coverage here on daybreak asia. Live in San Francisco soon to talk about ubers latest speedbump in self driving cars. Betty what a story there. We will be live in washington, the controversy surrounding the trump administration. , live daybreak asia from bloombergs u. S. And asian headquarters. I am betty lou. Yvonne it is just after 7 00 a. M. In hong kong, i am yvonne man. Breaking news from south korea. Industrial production, a big miss of the month on month protection figures, falling for the month of april. We were hoping for a slight rise of 0. 6 . Inramatic fall from the 1 march. Those have been revised to 1. 2 . Year on year coming in at 1 at 1. 7 . Of 5 from estimates economists. We continue to see this recovery in global trade reaching a peak. Export growth figures have been off of the highs. We seem to have stabilized. It continues the story, is this as good as it gets when it comes to the numbe