Will take good care of you may sometimes be one fever took hold on the west coast of congo in 2700 stores made big promises, but years later, reality looks very different from shoes. Good Drinking Water shortage. High unemployment, nothing to god. No stream of black gold. Oil starts december 4th on d. W. Is china cracking down on its tech giants . Beijing dangles its antitrust laws are big players like alibaba in 10 sets. And markets react harshly. Also on the show will visit one of chinas most popular tech firms, ride sharing app, g. T. True, saying, and take a ride in its new autonomous car, just outside shanghai. I mean, a group of berlin tech workers joining together to promote diversity in a sector that tends to look pretty marginal flow. And welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. And shares of ali baba and 10 cent fell sharply on wednesday. It by concerns of a new anti trust legislation by the chinese government. Beijing has published t
Hello and welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. The shares of alibaba and 10 cent fell sharply on wednesday. Hit by concerns of a new anti trust legislation by the chinese government. Beijing has published a 1st draft of the monopolistic rules aimed at the countrys tech giants. Well, they are not accused of any wrongdoing. Investors fear that new rules could impact their growth in the future. Alibaba shares were down more than 8 percent on the day. That on the same date announced record turnover from its singles day sales promotion. Beijings actions come on the heels of growing regulatory action elsewhere against tech. The u. S. Justice department suing google for antitrust violations last month and European Commission filing antitrust charges against amazon. On monday. Lets go now to our financial correspondent in frankfurt, chelsey de laney. I do not believe that is jealousy. Maybe we can get chelsea up. Theres jealousy. Good morning, josi
Hello, im christine one. Boy, its good to have your company. The recent news off a potential breakthrough in the search for a Coronavirus Vaccine couldnt come soon enough reported cases in africa are nearing 2000000 with the infection rates. Exin orating in some countries, kenya has reported its highest state that so from over 1000 with 24 people succumbing to the virus. Now this number pales in comparison to other parts of the world, but its the increasing number of deaths comes as the rate of new infections, spikes across the country, mostly in nairobi and the number of people infected with the coronavirus in kenya is shot be rising. Its a worrying trend in a nation where intensive care beds are in short, supply or farts. He says started scaling up the countrys testing capacity, reporting more than 1300 new infections on tuesday with out of work seen without any cure in sight. Weve probably been looking at most people peeks over the next coming months. Kenyas government brought back
Investors see less chance of new regulations, equity futures writing rising in tokyo and hong kong. In china tries to reassure the Business World that it is open to trade. Concern of the moran sealer approach. Shery breaking out of south korea. We are getting the currentaccount surplus in south korea for the month of september, widening to 10. 21 billion. We had seen a previous surplus at around 6. 5 billion. This has widened to over 10 billion. The goods surplus coming in at above 12 billion. We have seen continued surplus for the current account in south korea. Consecutivee a five months surplus, not to mention exports in october contracted a little, but in september they rose for the first time in seven months. South koreag pmi in so weoday twoyear high, are getting a widening of the surplus. Haidi pcb numbers crossing the bloomberg, betterthanexpected, eating the analyst estimates on the bloomberg, Third Quarter 1ome coming it at just billion, better expectations than 850 million.
As is tradition, two tiny communities in n hampshire cast their ballots after the stroke of midnight. The results were a sweep for biden, while in millsfield, trump won 16 votes to 5 for biden. The 2020 election is taking place amid the growing coronavirus pandemic and a risingocial divide in u. S society. The response to the coronavirus and the reopening of the economy have become Major Campaign issues. Johns Hopkins University in the u. S. Says the total number of confirmed cases in the country stands at nearly 9. 3 million. The death toll has topped the world with over 230,000. Restrictions on mailin voting were eased to address concerns about spreading the virus. Millions of people opted to cast ballots early. Turnout could be the highest in a century. There are concerns as voting gets under way. Trump has insisted mailin votes are prone to fraud, and the results could be contested in court. Some reports say trump may declare victory unilaterally before all the votes are tallied. T