Good morning and welcome to street signs. Im Joumanna Bercetche and im Julianna Tatelbaum these are your headlines french lucxury brands after the response to the Digital Services tax basic resources underperform after President Trump reforms tariffs on brazil and argentina. The 70th anniversary of nato as tensions continue saying Member States must stand together im looking forward to the leaders meeting on wednesday because when there are differences, its even more important we sit down and address these facetoface as well do on wednesday. And the overhaul gets a warm welcome as italys largest lender puts 8,000 jobs and 500 branches on the chopping block a warm welcome to street signs. You can see the european luxury stock is under pressure following the double tariff threat washington is putting levees on french goods including handbags, cheese and champaign the move comes in response to the new Digital Services tax the u. S. Also says it may raise tariffs on a variety of goods afte
Power lunch starts right now good day welcome to power lunch lets get a check on the markets. The numbers are in the red all the averages are as investors try to digest mixed signals on the u. S. China trade talks but the indexes are off the lows the dow is down. The s p 500 call these numbers pretty flat except for the russell which is off about a half a percent we begin this hour with major deal news as Charles Scwab is in talks to buy Td Ameritrade could we be in for wave of deals that turn the disrupted back into disare you positive tors. For more on what led to the talks, let head to the New York Stock Exchange you have a combination of two big forces going on. First you have the synergy more importantly its about skill. Revenue per customer is dropping because commissions have gone do zero theres other reasons for this as well. The trend, for example, to low cost and a way from higher cost mutual funds and into etfs hurts anyone or collects revenue sharing from funds on their pla
Youve always dreamed of a luxury that rare blend of the impossible elegance. Like this handbag for example who isnt. But luxury is also worth 300000000. 00 International Market wild Famous Brands who shops populate the most beautiful avenues of major capital cities. But behind the glamorous exterior all that glitters is not gold. The back rooms of these luxury boutiques are hidden away on the other side of the alps in the heart of tuscany. Hundreds of supply is timing leather for world Famous Brands with subcontracting the law employees are overworked or in this case i was. During our filming. We met some questionable bosses. Welcome to a rather chilling industry. We began our investigation on our hometown of. After all being in france we have paris. Paris we have fashion week. But of course you know all about fashion. Star studded catwalk shows. And some want to be stuck. With a no no no theme deal. Who cheese dental chic with little. Happy Smiling Faces at louie vito. But it wasnt re
Also in the programme some Asian Airlines cut flights to hong kong as Anti Government protests rage on. Well cross live to the city. How an african designer is hoping to bag a share of the Luxury Goods Market with his home grown leather products. And well be getting the inside track on gut health. Is bacteria the clue to Better Overall Health . Well find out. Today we want to know whether christmas has become too commercialised, as harrods limits visits to santa to shoppers spending more than £2,000 thats 2,600 in store. Let us know. Just use the hashtag bbcworklife. Hello and welcome to worklife. A warm welcome to our new business show. Do get in touch and we will discuss your comment is a bit later. The future of cars may be electric but is the Technology Mainstream enough to become mass market . Are electric vehicles still too expensive and how practical are they for long journeys . Well, in the past few hours, ford has unveiled its brand new electric suv,called the mustang mach e,
Have made their way through this school and we will hear from aco, and joe lake up, the owner of the war and the inns coming ceo of nike, and they will talk about their experience here and also what they are seeing in the world of business. So much here from stanford plus back at headquarters back in new york, this week it was all about the year ahead summit, a 306 to degree view of the most urgent topics facing every executive. We set down with the Providence Equity ceo commend the ceo of macys and coceo jim coulter and also i should mason manson and alum of the school. First lets get to Stanford Graduate School of his nest dean on taking the number one spot on the best School Rankings for the second year in a row. To thes a testament fantastic faculty and staff we have here and i could not be happier to be the Top Business School this year. Dark of the students will be here very shortly. What is on their minds right now. As they prepared to get into the whatstage of their career, are