World full wednesday wall street stocks slide with major indices losing ground over a toxic cocktail of worries including Global Growth trade and higher bond yields also coming up the e. U. Agrees to curb car emissions by thirty five percent much to the displeasure of german carmakers but will it really be enough to make any difference in the big picture of Global Carbon emissions. This is your Business Update on how to humphrey in berlin glad you could join me wall street stocks fell on wednesday with major indices losing more than three percent the selloff was prompted by the sudden jump in u. S. Foreign yields the move raised fears the economy is overheating which could prompt the fed to raise rates more aggressively while at the end of a hard session the Dow Jones Industrial average had lost three point two percent or
Eight Hundred thirty points to finish at Twenty Five Thousand Four Hundred Ninety Eight and that is the dow his biggest loss since february losses were fairly broad b
Huge or maybe green if you can kick its fictions of coal and Nuclear Power. Welcome to you business asia im stephen beards in berlin thanks for watching us Class Action Lawsuit claims that chinese video sharing app ticktock secretly transferred vast amounts of user data to chinese servers the lawsuit filed in california accuses tech talk of collecting the information without user content consent rather saying it could be used to identify profile and track customers. Has become hugely popular with teenagers since it launched 2 years ago last month to hit 1500000000 downloads thats already more than instagram. And for more on this lets bring in rob watts hes been looking into this rob 1st off for months to give what is to talk so take talk is the International Version of a chinese doll un and its a simple concept uses post 15 2nd video up to 15 2nd videos most like it pays to
tweet on twitter or a photo on instagram but they tend to be sort of quickie videos like sinking along to a song
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