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Transcripts For BBCNEWS Business Today 20241004

A question about whether or not there would be any improvement on retirement benefits that were offered in healthcare but perhaps, biggest issue of all was automation. When i was at the picket line earlier this week at the port of newark, one of the busiest on the east coast, there were lots of signs. People say automation doesn t feed families. There was a lot of anger and concern that essentially that advanced technology would replace them and theirjobs. And that is what they saw this fight primarily being about. So the question is, will they be any progress between now and january 15? i have reached out to the union but haven t heard back as to kind of whether there has been any movement on this key issue. The strike carried out for two three days, is there any way of knowing how much damage that caused? at this point, some of the damage would be things like perishable items. I was going to talk them next week because he estimated he run out by about monday or tuesday. Luckily, th

Transcripts For BBCNEWS Business Today 20241004

Were offered in healthcare but perhaps, biggest issue of all was automation. When i was at the picket line earlier this week at the port of newark, one of the busiest on the east coast, there were lots of signs. People say automation doesn t feed families. There was a lot of anger and concern that essentially that advanced technology would replace them and theirjobs. And that is what they saw this fight primarily being about. So the question is, will they be any progress between now and january 15? i have reached out to the union but haven t heard back as to kind of whether there has been any movement on this key issue. The strike carried out for two three days, is there any way of knowing how much damage that caused? at this point, some of the damage would be things like perishable items. I was going to talk them next week because he estimated he run out by about monday or tuesday. Luckily, the cause of the strikers lasted two days and people had the chance to anticipated, the damag

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Well. We are watching what is going on with individual indices. Hong kong coming back and a big way after that long holiday. Hang seng up more than 300 points. The nikkei 225 up more than 1. 3 . At this point, seeing positive signs of drug and his recovery, although there has been mixed messages about what treatment he is getting, the timeline of his diagnosis as well. We are looking at risk aversion trade that we saw on friday,. Hich were gaining not doing a whole lot here this morning. Moving on 70 basis points. Seeing the reversal from friday, ozzie gaining and the yen, which additionally i despite, it it kit. 1900 after that 4 brent crude just below 40 a barrel. Watching fx, watching the dollar, pretty steady this morning as well. The pound seems to be holding onto the gains as well, brexit set for a showdown at the eu summit. Aussie and your revenue be holding on the firstlets get world headlines. Republican leader Mitch Mcconnell says the fasttrack schedule of the Supreme Court t

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

Standing declines. Airbus orders takeoff leaving boeing by 30 billion to zero. The ceo. Kathleen lets take a quick look at how the u. S. Stocks ended the session. Modest gains. Modest gains better than none at all as trade wars tensions swirl. Across the board for the dow jones industrial, s p 500 up fractionally. 22 points on the dow. Three points on the s p 500. It was the nasdaq that had the best performance, up 6 10 of 1 . It was based largely on the faang stocks. In particular, facebook saying it is getting ready to unveil a cryptocurrency. Investors like that. The s p futures are indicating positive ground to be taken. However not as much as i was an hour ago. As for treasuries, interesting Economic News showing more signs that a trade war is have an impact. Treasuries ended at 2. 09 on the 10 year. Close to the 2 yield. One from the National Association of homebuilders saying it looks like tariffs are weighing on the prices of building materials. We also saw a Manufacturing Inde

Transcripts For BLOOMBERG Bloomberg 20240704

Perceptions around what the boj will do in its today meeting which concludes next week. We are seeing firming continuing in the japanese currency. Yesterday we saw the country avoid a technical recession. Better than what economists had been expecting. Perhaps we could see a shift in march. It seems for a economists, by april. It depends on what comes out of the wage negotiations. That is something that could force the boj to end its negative interestrate policy this month if the numbers come in pretty strong. That is what local media is saying here. Negotiations wrap up wednesday and the first estimate on friday ahead of the wrapup of the meeting the following tuesday. That is the japan outlook. We had a drop in yesterdays session. Korea coming online looking better so far. Range bound. Doing better than wall street. U. S. Stocks we saw inching lower. It is the countdown to the u. S. Inflation print still expected to be in the 3 territory. Core reading, three point 7 according to our

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