Struck in september 2017. Nearly 250 survivors and victims of a london tower fire are suing American Companies that make products used at the residential complex. The suit claims healthy Building Materials helped spread the flames at the granville towers, turning it into a flaming coffin for the people who died. Whirlpool, and an insulation maker. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, and 1 00 in Hong Kong Unit im vonnie quinn. Welcome to Bloomberg Markets. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Trump threatens china again. The president saying he could impose tariffs of 25 or higher on 300 billion on chinese goods if president xi does not meet with him at the g20. Regul
Getting break news. Analysts we have spoken to expecting a slightly higher number, they were respecting 107. 1. Lets take a look at the fallout listed the market board up. Asian shares were a little bit lower in terms of what we saw earlier today. We saw all of that decline. 17 111. 17. 11 the german evoke confidence it fell to 106. 6. Lets get to the bloomberg first word news with near chance. Nejra the bank of japan has become a top 10 shareholder and about 90 of the nikkei 225 companies. That is according to estimates compiled by bloomberg from public beta. Vanguard which oversees more than 3 trillion. The bojs influence in stocks risks distorting valuations and undermining efforts to improve corporate governance. Officials today unveiled deputy crown prince vision for the kingdom of saudi arabia. He is looking to reduce reliance on oil. Koch sayse charles that Hillary Clinton may make a better president than any of the republican candidates. Immigrants were not thrilled democrats w
Michael mckee in london. We have a very busy week and we Start Talking about yields an Economic Indicators that disappointed. Michael we are starting to get ahead of the fed meeting on wednesday, the bank of japan on thursday. The bank of japan is a wildcard and it is having an impact on the market. Tom heard that vonnie quinn had been on assignment for several weeks and said he is not coming back until she returns. Nobody told him. She is back. Francine i thought he was getting caught up on game of thrones. I am sure he is also looking at jgbs. Isnie president obama pitching American Business today in germany when he spoke at a trade fair in hanover. So here we are proud to showcase americas commitment to innovation. You will see pioneering countries that are changing the way we live, work, learn, so this is another chance for me to tell everyone to come here and by made in america. The president also said Companies Looking to create jobs should set up in the u. S. The president is wr
India. The ruby, best day in four years. Road map begins with the markets on the heels of that strong gdp number. Futures are higher although concerns over syria weighing on investors. Telecom deal potentially worth up to 130 billion. Weve got details and what it means for the sector. Shares of one retailer on fire this morning after reporting stronger than expected guidance last night. Were going to tell you which one that is. Lets start with the mark markets. Second quarter gdp revised up. Previously estimated, thanks largely in part to an improving trade picture. And claims down 6,000 to 331, signaling a slight slowdown on the pace of layoffs and worries about military intervention in syria. A lot of places we could go, jim. What is most interesting to you . Well, im glad you see that the gdp is finally keeping pace with what has been the jobless claims. I couldnt understand why our gdp was so low given the fact the jobless claims have been best in five years. That is a positive sto
From our nbc news headquarters here in new york. Day 314 it was of the Trump Administration to put the president at odds of perhaps our greatest ally on the planet. And again its because of his cellphone and twitter feed. Tonight also brings reports about a meeting between trumps soninlaw turned Senior Advisor Jared Kushner and Robert Muellers team of investigators. Well get to all that in just a bit. But first well start with the news much of america woke up to this morning. A string of videos the president retweeted that are inflammatory antimuslim and antiimmigrant. They have also not been verified to actually show what the messages claim to show. According to the Washington Post, the videos were first shared by jada frantzen, deputy leader of britain first which builds itself as a Political Party but has been widely condemned as an Extremist Group that targets mosques and muslims. The president was widely criticized for sharing the content including the Prime Minister theresa may.