Of Climate Change. I will be talking to the boss of the worlds biggest wind energy producer, who is here in davos. And we want you to be a part of the conversation. As quitting smartphones is described as the new quitting smoking in the ft, were asking, are you addicted to your device . And if you quit your smartphone, what would you miss most . Let us know just use the bbcbizlive. Thats an easy question, i would miss your tweets the most hello and welcome to business live. As europes biggest economy germany often sets the tone for whats happening across the rest of the continent. And a big pay increase could be on the cards if germanys biggest trade union, ig metall, gets its way in the latest round of talks with the industrial manufacturers that are the bedrock of the economy. Ig metall represents about 2. 3 million workers and wants an above inflation 6 pay rise. The other key demand is the flexibility of switching to a 28 hour working week. The union is threatening more strikes. Bu
Want to be. Auto stocks drive markets to the green after car sales hit a 5. 5 year high in june amid Strong Demand for luxury brands. Time for a change. Swatch has its best day in over two years as investors shrug off a 20 fall in profit focussing on the watch makers positive outlook. Greece passed the austerity measures required for a bailout. Tsipras urged lawmakers to approve reforms. 229 voted in favor of the bill. Chaos was outside parliament. Parts of the square were set ablaze as they chanted we have been betrayed. And anger inside parliament. Half of the no votes came from syriza as they condemned a very black day for democracy in europe. He wrote a scathing blog in which he likened the bailout to fiscal water boarding. No surprise that he would vote against that deal. He has been very outspoken. Yesterday we saw the deputy finance minister stepping down because he simply couldnt stand behind the deal. Whats so interesting here is that this vote went through because of support
Kate upton has gotten involved. Ashton kucher got involved. But kate upton got involved. Lets bring up pictures of Ashton Kutcher for andrew. Kate upton got involved. You didnt see the paper yet . I didnt see the physical version. Uber. Is that what they . Come on. Buber boom. They got in trouble. Did you see the nerve that twitter had a party and they had plastic cups with like i dont know animal house type of thing. I guess. Nobody has any fun. I understand. Welcome back. She had a family reunion. There were some complaints. Congestion. It was your family. No we had a great time. Serve there. Most of them are still there. It wasnt an actual revival. No. They had a good time. We had a lot more to talk about today but we had 30 people there in two houses. That sowns fun. Especially for kids. It was. Movie watching at night. Out on the beach all day. Did anyone say hold this beer while i do this . No. No. You know that one right. Hey, guys watch this. Someone in your family died after s
Headquarters. Lets kick off this morning with breaking news out of south korea. Rosemer prices in july 0. 2 from the previous month. Economists estimated a rise of 0. 2 . Looking at the yearoveryear change prices, it rose 7 10 of 1 compared to estimates of 0. 7 . It is coming in line with estimates. Modest Inflation Numbers have been the norm for south korea facing challenges of sluggish domestic demand. Inflation has remained below the Central Banks target range for over 30 months now. That target range over 2. 5 . Members out of south korea showing inflation data rising 7 10 of 1 on a yearly basis. Lets check in on markets in asia this morning. To new Zealand First where we are waiting for the commodity price numbers. We are seeing a trending down 90 after some momentum for new zealand stocks. The new Zealand Dollar spot at. 6568. We are counting down to the openings of japan, south korea and australia. We are also waiting for data on japans monetary base. It closed down 2 10 of a pe
The first half of the year and hikes its dividend. The ceo says the move is driven through growth in the global indices. Our Financial Performance warrants returning a little more money to shareholders as we now have the financial strength of a Company Operating across all the major continents generating a lot of cash. And shares tumble as the cable business sheds customer. This despite hits like the avengers. Welcome everyone to the show im seema mody with euro zone manufacturing and services numbers. Data breaking right now. July final euro zone composite at 53. 9. Services number coming in at 54 versus the forecast of 53. 8. We have been hearing from various countries across the euro zone. Mixed data so far. That service is coming in at 53. 8 while in italy their Services Sector is slowing down in the month of july. French Services Manufacturing activity in july hitting a three month low. What does this mean for the currency market . Well, you can see the euro trading at 108 against