Businsess hub for the latest. This is how the european markets have opened. This is the situation in 30 minutes into the trading day. This is the situation in 30 minutes into the trading day. Game on well meet the man whos aiming to disrupt the Global Gaming industry by putting power into the hands of the punter. Also the un is about to release a report that calls on us to eat a more plant based diet and less meat to help combat Climate Change. So wed like to know, will you . Are you ready to change your diet to save the planet . Let us know just use the hashtag bbcbizlive hello and welcome to business live. We start with the us Ride Hailing Company lyft has reported its results and it beat Market Expectations and delivered an upbeat outlook. Its revenues soared 72 during the Second Quarter, compared to the same period last year. However, its net loss widened to 644] million, three and a half times bigger than a year ago. When it launched on the stock market back in march the company w
Into 20 20 into an effort to counter the u. S. Shale boom. Italy agrees to cut budget plans to fit your rules but the lock conflicted still over who should be president. Welcome to the program. The European Equity markets opening up in 29 debts. Lets have a look at pictures. After positivity, a slightly different picture. We are expecting to see some modest gains at the start of the trading day. To theyoking at the gmm were closed yesterday and they in reacting to developments the truce in the trade conflict between the u. S. And china. More mixed and we do have weakness coming through in a number of emergingmarket currencies, certainly in korea. That is part of the story. It would be difficult to follow on from the bullishness. A new record high on the s p. President trump says talks with china have restarted. That was a positive story. Details from the u. S. To we will get that story. U. S. Equity yen and futures and treasuries a little bit. Dollar andge in the the trading day. Lets
Nonopec allies. We are already seeing demand pick up, refineries that had been in maintenance have come back we Inventory Data out of the u. S. Prove what i said, that demand is picking up shares in Funding Circle plunge after the online lending platform cuts its fullyear revenue forecast in half and blames softer demand for loans as we mentioned, its been an interesting day for european bond yields. You can see the italian, spanish and portuguese there, theyre all at record lows really significant numbers if you think about the context. Over the last ten years, in germany the negative yield rising slightly back towards zero down still at 0. 36 . You can see the ftse 100 is in positive territory up 0. 5 . Similar story with the ftse mib. In germany and france, both of those indices slightly below the flat line. Lets look at the u. S. Markets over the course of yesterday we saw extraordinary numbers with the s p 500 hitting a record high the dow jones also up more than 0. 4 the nasdaq t
Financial and manufacturing sectors, but will it be enough to shore up the worlds second biggest economy . Markets in europe have been trading for half an hour. A very flat and lacklustre session. We will tell you why. And you are what you eat. Well be talking to one business founder who says its all about having a raw, gluten free diet. The uks biggest gambling firms have agreed to do more to help addicts. Today we want to know to what extent is the industry responsible for helping those who need it . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Just days after reaching a truce with china, washington has increased the pressure on europe as part of a long running dispute over aircraft subsidies. Its threatening tariffs on another 4 billion of eu goods including olives, Italian Cheese and scotch whisky. This news comes as eu leaders meet later today to try and break the deadlock over who should get the topjobs including the next European Commission pr
Lacqua in london. Stoxx 600 gaining. Optimism on the u. S. China trade war truce waning. Focus onear yield, Central Banks in the fed. President exclusively on surveillance tomorrow. The cut extension. Crude oil 59. 08. We will hear from irans oil minister. We focus in on iran and sanctions from the u. S. Opec extending production cuts into 2020, as the worlds , talks inporter vienna were wrinkling. The commitment to a ninemonth extension is solid, strong. Not only are recommitting to individual commitments to conformity from all countries. Tariffsd trump says against mexico are off the table, after the country stepped up efforts to stem the flow of migrants from Central America to the u. S. Trump said mexico is doing a great job and having a big impact on migration. Australia cutting the key rate for the second straight month. Policymakers attempt to provide support to a slowing economy. The Bank Governor lowering a key rate to 1 . Italys government lowering the deficit in a bid to com