Veteran investor mark moby says helicopter money will be that bojs next move, but may not have the desired effect here and follow me on twitter at rishaadtv, and use trendingbusiness. A lackluster session in the u. S. , slightly to the downside. Here is david. We are not seeing a lot of price action. Equity prices, volume, orex, the dollar on the downside. Equity markets mixed, volumes not quite there. Japan, but a pickup in australia. In china, we will be watching reaction there. The banks report later on. Hp reported last night, very disappointing. How theve a look at tech and computer makers are doing. It was disappointing. You look at sales for hp, personal computers came in flat, printing revenue declined 14 . That is on top of 16 last quarter. Sector inook at the taiwan, you are a competitor to hp or eight supplier to hp. Have a look at some of the decliners. Have a look at some of the gainers. Decliners are doing this, 1. 7 there. You get the picture. That is the story so far. W
Valentino tells us that is where the money is. Good morning, everybody. This 6 00 in london wednesday morning. Bloomberg reporters are standing by across the world ready to deliver the stories that will drive your day. David tweed is at the Frankfurt International airport following the private the pilot strikes. Caroline hyde is looking at the headwinds for the fashion retailer. Lets tell you what is coming up on bloomberg with the big interview. Numbers break next hour, we will get more from the officer. Cutive lufthansa is bracing for a threeday pilot strike kicking off today. The airline is calling it the most severe strike in its history. Live fromd joins us Frankfurt International airport. What kind of disruption is the walkout causing . One is the disruption to the flights, 3800 flights will be canceled. Lufthansa flights in german wings flights. The real price will be borne by the passengers, four hundred 20 5000 passengers estimated to be affect the by the strike 425,000 passen
Income, so thats very positive. And the shell ceo admits to a disappointing Second Quarter. Investors agree they sent shares lower in london. You have a complex kind of result because we had impairments, we had effects like big Foreign Exchange movements and also we have a situation in nigeria which is giving us some concern. Japans top Consumer Electronics companies on the road to recovery. Sony and sharp both deliver better than expected earnings. Analysts arent sure if thats enough. Warm welcome to the program. We kick off with eurozone manufacturing pmi growing for first time in two years in july. Factory outputs surging. Markets using pmi up to 53. 3 in july. From junes 48. 8. Revised slightly higher from the preliminary reading of 50. 1. And over that 50 threshold for the First Time Since july 2011. Follows a string of fairly good or more promising Economic Data out of the eurozone. Unemployment also falling slightly. Did revise actually the june number. Still near the record hig
The president. The New York Times reports that Nadlers Committee is preparing new front of investigation, saying on the agenda for new scrutiny are mr. Trumps role to illegal hush money payments to women who said they had affairs to him, reports that he dangled pardons to officials and whether his resorts have illegally benefited from political spending. Political reports members of the military were staying at the president s turnberry report in scotland while refueling at a nearby airport. The president took to twitter this morning to deny any wrongdoing, congratulating the air force for the, quote, good taste required to choose his property. So our big question today, can an impeachment inquiry keep its momentum with four months to go in an Election Year . Joining me now betsy woodruff, Los Angeles Times White House Reporter eli stokolstokols, pau and joel payne. Thank you all for being with us. Paul, lets start with you. Please break down this vote for us. What exactly are House De