Her efforts to rein in the industry giants. And here to help us dig into the future of big tech on both sides of the atlantic plus so much more is out a mess to see out a mess Trading Group adam welcome back to the show. Thanks so much pleasure to be here now adam 1st when you heard the news that margret of us together was returning with this enhanced role it was reported as as a surprise to most people were you surprise and what were your 1st thoughts on stock price affects from this news. So the 1st thing i do is i checked the stock prices other than facebook being down a little bit that didnt have much of an empath i read someone say its better to fight the dragon that you know but she has not been easy on Tech Companies so i think if i was one of these Tech Companies and i saw this appointed that she was there because i felt. There was only upside for somebody else and theyre going to remain under fire. And speaking of that fire here in the u. S. We saw the heat on big increase sig
December 2008. Brent had its best day since collecting data. You are still looking at wti at 61. 81 and present at 65. 85 in asia, the knnikkei up about 3 points this morning, some early trading in europe, fairly muted there. Ftse slightly higher in france, the cac slightly down, so is the dax. Check out treasury yields, the soyear is now yielding 1. 833 the 30 year a little lower but well above what weve seen in recent months. Lets talk about the corporate story of the morning wework now delaying its ipo. Surprise but says it will still go public by the end of the year the company has been prepared for its investor road show which was supposed to take place today. But made the decision last night to stand down. This reportedly over concerns that there is not enough stock mark et investors. Work reporting they will not go public until at least october at the earliest adam neumann wants to get through the jewish holidays before he considers the next steps. Because that is what is keepin
This is boom bust broadcasting around the world and covering the 21st Century Global economy on danube radio in washington Christine Ali is on assignment in singapore weve got another special show on deck for you today 1st big task has found itself in the crosshairs of regulators on both sides of the atlantic and one prominent regulator has been given and 12 in europe all u. S. States turn up the heat. For the boy sometimes between aggressive Business Practices and illegal ones usually the line is very clear and again our investigation will determine whether google has crossed that line. At a mash of the ad a mesh rating group is on hand today to break what the future breakdown what the future could be for todays tech giants as regulators wake from their slumber plus. Always had markets going to continue to have bad. Markets until the end of. The war. Weve got more great content from chrystia in Singapore Today bringing you this 2nd part of our interview with world Renowned Internation
Important Economic News of the day into 127 minute broadcast we got to keep it moving lets go. Surprising return for a major antitrust regulator at a time of increasing scrutiny for big tack leads our global report today as margret of the us together is nominated for a 2nd 5 year term as competition commissioner of the European Union the incoming president of the European Commission ursula bonn laden bonder laden has also slated to go for a new role as one of the 3 executive Vice President s of the commission allowing ms massacre to consolidate and expand her considerable influence over antitrust regulation most specifically Technology Ms besser has previously taken on the titans mostly us based that dominate our wired world the returning competition competition commissioner previously tangled with apple and forced ireland to claim 15000000000. 00 in taxes to recoup overly generous tax breaks to apple that ran afoul of. E. U. Rules as vested are also has imposed fines of nearly 1000000
A new role as one of the 3 executive Vice President s of the commission allowing ms vesting her to consolidate and expand her considerable influence over antitrust regulation most specifically Technology Ms besser has previously taken on the tech titans mostly us based that dominate our wired world the returning competition competition commissioner previously tangled with apple and forced ireland to claim 15000000000. 00 in taxes to recoup overly generous tax breaks to apple that ran afoul of e. U. Rules and its best to her also has imposed fines of nearly 10000000000. 00 against googles Parent Corporation alphabet her record of accomplishment at a time of growing global scrutiny a big tech may have won her a reheard renewed and enhanced role but that same record suggests she may soon openly clash with the trumpet ministration in the us which has pushed back hard on her efforts to rein in the industry giants. And here to help us dig into the future. A big check on both sides of the atl