Time Mitsubishi Materials is in the limelight for the wrong reasons. And for the markets today it will be quieter with it being the thanksgiving holiday break in the usa. Yet europe is open and training and as you can see the markets are all headed south. And we meet the man who revived an iconic brand, the Royal Enfield motorbike, as it returns to the uk for the First Time Since the 19505. We will find out what has driven that decision. And as Holiday Shopping 5eason driven that decision. And as Holiday Shopping season begins i5 driven that decision. And as Holiday Shopping season begins is your budget squeezed, are you planning on spending more or less orjust cutting back on christmas. Let us no, using our hashtag, bizlive. A very warm welcome to the programme. We live, this is business live. I think we have our technical problems 5orted now so lets begin in switzerland. European Commission President Jean Claude Juncker will be holding talks very soon with the government. About tryin
By the computer chips flaws, well be getting the inside track on that and all the big stories of the week with our economics editor kamal ahmed. Today we want to know. Just use the hashtag bbcbizlive. Hello and welcome to business live. We start in new york, where the temperatures may be sub zero but the Financial Markets are hotter than ever. Us shares hit new record highs yet again on thursday, the Dow Jones Industrial average closing above 25,000 points for the first time. Its all being driven by wall street optimism about the state of the worlds biggest economy and, despite all the controversy in the white house, the pro growth policies of President Trump. On thursday, a report showed the us private sector created 250,000 newjobs in december a third more than was expected. That could bode well for official us jobs numbers out later today. Earlier this week, the Federal Reserve revealed it has boosted its growth forecast for the us economy this year to 2. 5 keeping up the pace seen
Bloombergs European Headquarters in london. Manus what a week. Volatility has been the byword. European markets are trading higher, as asia attract the against today gain on u. S. Markets in more than six years. Francine lets get straight to mark bartons for all the barton for all the details. Mark what an amazing week. Chinese shares, the epicenter over the last week. Have a look at the shanghai composite. As i showed you, a five day chart. Because this week has been an extraordinary week. In the last couple days, the shanghai composite has rallied by 10. 5 . Dont forget. Over this five day period, in a number there you can see the shanghai composite is down by 8 . It is down 18 since the yuan devaluation. 38 following the market peak. Resurgence is down to speculation authorities are propping up markets before the president takes the stage at a world war ii victory parade next week. Thats whats pushing the chinese equity market higher for a second day. I want to put it in the context
Breath to see the Economic Impact of the hurricane season. Well be getting inside track on saudi arabias plans to sell off oil operations. Plus, after an estimated 143 million customers were affected by the massive equifax incident, we wa nt to by the massive equifax incident, we want to know how often you change your password. Hello and welcome to business live. Welcome to the programme. Hurricane irma is continuing its path of destruction across the caribbean. The International Red cross says that more than 1. 2 Million People have already been affected by one of the strong storms ever recorded. At least 14 people have died so far. And many more are expected to suffer as it continues heading towards the us its predicted to reach miami at the weekend. Aside from the human cost of the disaster, experts warn it could also be one of the most expensive. Much depends on its exact path when it reaches densely populated miami but estimates range from 70 billion to 190 billion. Lets show you
On the last few days. The ftse just starting up a little bit. Well take a look at what this means for prices at the pump. And following the vice like grip of the handshake between president s trump and macron, were getting to grips with the perfect greeting and asking how important is the handshake . Hello and welcome to Business Live. Yesterday it was nato, today its the g7. A different place, sicily this time, a different combination of world leaders, a different agenda. Lets take a look at why its important. These seven countries account for getting on for half of the worlds wealth about 46 . But many of them are struggling with comparatively stagnant economies. The International Monetary fund is forecasting the worlds economy will grow by 3. 5 this year, butjust1. 9 in the g7. Also high on the list of worries the rise of Trade Protectionism after President Trump came to power promising to put america first. The other g7 members will be pushing him to soften this position. Then ther