Opening. This is p. W. Business im joined now on in berlin welcome officially u. S. Companies are now supposed to already be banned from doing business with chinese tech supplier while way but the u. S. Is Commerce Department has again given wall way and 90 day stay at 2nd one in a row the move about odds with the u. S. President Donald Trumps harsher messaging towards the Company Leaving many unsure of what to expect when the current reprieve and in november. When the us wow it was announced 3 months ago it was a big deal for the likes of google as it meant it wouldnt be able to sell updates of its droid software to while away phones many other u. S. Companies such as the chip makers qualcomm and broadcom would also be affected. But over the weekend speculation grew that the u. S. Would postpone the ban on monday u. S. Commerce secretary wilbur ross confirmed news of the 90 day reprieve saying it was to help u. S. Companies prepare further for a time when there would not need while wi
Good afternoon. The subcommittee will come to order. Without objection the chair is authorized to declare recesses of the committee at any time. We welcome everyone to the second of our series of hearings investigating competition in the Digital Markets. This one on innovation and entrepreneurship. I now recognize myself for an opening statement. 30 years ago the First Software for the worldwide member was released into the Public Domain to create a Global Communications network. Within a few years, search and browsing services were built onto this software to give people tools to communicate, share, and explore information through decentralized platform that was designed to be open and nondiscriminatory. An internet pioneer and codesigner of the internets early architecture testified in 2006 on behalf of google that the overarches principle of the open internet was no central gatekeeper should exert control over the internet. As he noted this open and competitive environment meant ent
Earnings report. Were digging into the numbers on that and much more. Its primetime for lady gaga the pop superstar teaming up with the Worlds Largest online retailer its wednesday, july 10th. Worldwide exchange begins right now. Good morning and welcome to worWorldwide Exchange. Im Courtney Ragan in for Brian Sullivan stock points to another loss for the dow. This would be four straight losses if we tack on to this session. The dow more than half a percent off of its record high the s p 500 and the nasdaq also indicating a lower open. We know we have a number of hours still to go. Lets get a check on whats going on in the bond market. You can see the yield on the ten year, 2. 108. Its actually quite a move from what we saw on july 3rd when we were at 2 1 2 year lows there at 1. 9 and change that jobs report really changed a lot. Lets go worldwide and check and see what happened around the world while perhapsyou were sleeping overnight in asia you can see we had a mixed picture. The ja
German defense minister steps down as defense minister ahead of a secret ballot that could cement her as the first female European Commission president. Manus warm welcome to your biggest concern to daybreak europe, and what is your biggest concern, a meltdown or a meltup . This is the msci world index. To bail on stocks. Central banks are giving you a gift, that is their message. More of a risk as equity markets go up, and people dont appreciate that. The question is, do you believe that going into earnings season . The least attractive market for them, the usa, their top calls australia and japan. A couple more markets, even i cant make wti more exciting than it is. Downgraded, what will the inventory tell us . And gold, it was red, i do promise you, ahead of retail sales. The point, if you want to protect yourself as yields go back up, do you want a little gold for protection . That is a question for markets. You have the glorious s p. [laughter] nejra it wasnt so glorious yesterday
Second quarter loss and the psa chairman says Market Conditions are tough. We are entering now a chaotic period in the Automotive Industry as we all understand starting with the market downturn, the emerging markets are in turmoil we see the electrification is going to change many things. Aston martin shares skid off course after the luxury carmaker slashes key forecasts for the year as it weathers uncertainty in the uk and europe and the euro slips to a sevenweek low against the dollar after german and french flash pmis miss estimates. Good morning lots to go through today i want to start off with the macro data as mentioned, germany and france flash pmis for july disappointed we got the composite number, the flash composite for the eurozone came in at 51. 5, less than the 52. 2 number for june and less than the expectation of 52. 1 i want to break it down, though. The manufacturing pmi came in at 46. 4, that is again a miss versus the expectations of 47. 6. It is also the lowest sinc