We also had gains in yuan lifting currencies. You can see the u. S. 10 year yield at 1. 72. The fixing at 7. 04. We are getting breaking news out of the philippines, another central bank that needs to do something because of the world economy. 4. 25, cut the key rate to following india, new zealand, amongst others. Coming up, we hear from the chief executive of adidas about trade wars and global demand. Now, lets get straight to bloomberg first word news in new york city. This morning, oil is rebounding from a sevenmonth low. Looks tos saudi arabia stem the slide and processes in prices. Bloomberg learned react will not tolerate continued price weakness as oil has been driven down to the worsening trade work and a surprise increase in stockpiles. Pakistan suspended a trade with india and downgraded diplomatic relations after new delhi revoked decades of economy for the disputed region of kashmir. Islamabad says they will take the matter to the united nations. India says the issue is an
in los angeles. welcome to our viewers on pbs in america and around the globe. the uk s formerfinance minister rishi sunak will formally become prime minister later on tuesday after an audience with king charles at buckingham palace. he was named conservative leader after his only challenger, penny mordaunt, pulled out of the contest. mr sunak promised to work to bring the party and the country together. here s our political editor chris mason. cheering na applause today s new conservative leader, this week s new prime minister. rishi sunak arrived at conservative party headquarters this afternoon, his party s third leader this year. waves, smiles and handshakes done, he wanted to talk to the country, but didn t want to face questions from reporters. i d like to pay tribute to liz truss for her dedicated public service to the country. she has led with dignity and grace for a time of great change and under exceptionally difficult circumstances both at home and abroad. it is th
A representative from Ford said that the company will work with authorities to investigate an incident involving one of its all-electric pickups that resulted in the death Thursday morning of
In a state surrounded on three sides by water — more coastline than any of the other continental 48 states — and even more H2O up its heart, no chronicle