We bring that to you live. Welcome to bloomberg surveillance. The markets. N on the hs is closing shortly and hang seng index sores soars. Carrie lam is going to withdraw her controversial extradition bill. That is the bill that kicked off the last 15 weeks of protests. Some of them with more than an estimated 2 Million People which is an incredibly impressive figure. They got that, hong kong has a total of 7 million citizens. From babies to the elderly. That would be like if you had a protest in america and 100 Million People showed up. Reportthe stock moves on the chief executive carrie lam is going to formally withdraw the controversial extradition bill. We saw moves around europe as well and we even see futures moving higher. Is South China Morning Post reporting the news after months of protests in the city. You can see here, these luxury stocks are getting the biggest boost. Swatch is up, lvmh is up 4 . This is such an important hub for luxury sales, for the chinese, with tons of
Approach with Jeanclaude Juncker. We are in luxembourg. Manus a warm welcome to daybreak europe. We are waking up to 5 Million Barrels of oil being taken out of the system by saudi aramco. Is it a fourweek affair . How much of the 20 price rise that we saw at the open is geopolitics and how much of it is supply . Good morning. Nejra yes, the biggest sudden disruption ever is what we have been waking up to this weekend. We have certainly been mispricing oil markets up until now. We have indeed. Let me show you the single biggest daily move. I put it in the library. Here we go. This is the kind of size and scope move we have seen on the oil market. We opened up on the biggest move since 1988. Since 1990iggest when kuwait and iraq were at war. The question we must ask ourselves is how quickly can aramco get this oil back online . You need to speak to the market and make it very clear what is the damage, what is the damage limitation. Lets look at the rest of the implications. We are seein
Blackstone and we speak to a ceo first. It is 6 00 here and we have breaking numbers from phillips and we will fill in these details with them delivering revenue and the markets have and theyin sales expect the market to grow by with a on the basis flatter this and there is a lot of upset with the reorganization and that presents an opportunity for phillips. There is a man who has the himers and we will speak to in 15 minutes on the numbers and thehina was as giving in third quarter. Andets get to the numbers the flagship moment. Revenues andotal the principles with the latest butmates, if you like, looking backwards over the past is a touch below and the same could be said for with 6. 81 andmber we have had a lot of changes in Accounting Practices and businesses announced and they thosehey have purchased in this is a conversation you will not want to miss later with the ceo with the bloomberg team. Selloff in asia and we have strong levels in the the lofty levels and will anything dis
Any risk believes the latest move by the pentagon is time to mount to an admission of failure afghanistan. Seem some horrific attacks launched by the tyler taliban and by isis which have now begun to target kabul the afghani capital previously we saw that they know there were attacks by these extremist groups but they wont focus so much on kabul kabul was considered to be relatively secure what weve seen now is that even the capital is no longer secure so a lot of these failures in this who are u. S. War i think that the pentagon burned basically or the american mistreated as a whole had no choice but to take this step to try and the heart of the reality which is going on on the ground because i think that if the American People are exposed to the real situation there will be huge amounts of popular pressure for the u. S. To begin to just cut and withdraw from that country. In the west bank u. S. Officials had to flee an event in the city of bethlehem off to angry protesters stormed th
The production of the maltese cell miner see with mining its simple a machine takes part in every day Crypto Currency Exchange operations and gains the owner eight percent for each shands action the latest chinese bit main mining machine at twenty three hundred dollars will produce you around twenty five dollars worth of bitcoin daily r m c s two miners in the works the sixteen hundred dollars sunrise Bitcoin Miner that has more mining power than the mains machine thats producing thirty to forty percent more daily revenue and the multicell alternative coin miner it will be a breakthrough for the worlds Mining Machinery but speak with himself and get the latest on the progress so you had a tough line some deadlines were blown but everyone is eager to see the miner whats the progress so far the progress is good the sunrise mine is ready and as we speak were beginning mass production of the factory while the multicell should be ready by august twenty eighth multicell is a microprocessor w