We also had gains in yuan lifting currencies. You can see the u. S. 10 year yield at 1. 72. The fixing at 7. 04. We are getting breaking news out of the philippines, another central bank that needs to do something because of the world economy. 4. 25, cut the key rate to following india, new zealand, amongst others. Coming up, we hear from the chief executive of adidas about trade wars and global demand. Now, lets get straight to bloomberg first word news in new york city. This morning, oil is rebounding from a sevenmonth low. Looks tos saudi arabia stem the slide and processes in prices. Bloomberg learned react will not tolerate continued price weakness as oil has been driven down to the worsening trade work and a surprise increase in stockpiles. Pakistan suspended a trade with india and downgraded diplomatic relations after new delhi revoked decades of economy for the disputed region of kashmir. Islamabad says they will take the matter to the united nations. India says the issue is an
You inspire many young people, one is here with me, if it is ok, he would like to ask you a question. You inspire me every single day, your message has spread all around the world. What advice would you give to someone like me who is trying to make an impact but once their voice to be louder . I dont, its, idont, its, in i dont, its, in the beginning i, i mean, my voice wasnt heard at all, as so many others, and ijust tried different ways until i found some kind of method, and that made my voice heard. So i think of course it is individually for everyone, and you just have to be creative and come up with may be something new to do. There are so incredibly many things you can do, and since this is such an incredibly big and global problem, it needs to be tackled from every possible angle. So, i mean, you can do so much. What im thinking now is that im only going to take it step by step, andi only going to take it step by step, and i will have to do is i feel, of course. I dont have anyt
As councils step up visits to the elderly and doctors warn of the risk of heatstroke. Meanwhile, rail passengers are told to stay at home, with the risk of rail tracks buckling. Sarah is at our Weather Centre. It is officially the highest temperature in july on it is officially the highest temperature injuly on record but there is a chance today we could beat the all Time Temperature record which is set at 38. 5 celsius. The heat is rising and so is the humidity, it is not going to cool down ina humidity, it is not going to cool down in a hurry. I will bring you all the details in about half an hour. Englands cricketers are slowly repairing some of the damage from yesterdays collapsed. They have a rather Unlikely Hero to thank so have a rather Unlikely Hero to thank so far. More later in the hour. Hello everyone, this is afternoon live, im simon mccoy. The temperature here at westminster has soared in recent days both outside and inside the houses of parliament where earlier Boris John
And well be getting the inside track on signing up online for a box of goodies, which makes you feel and look great. Sounds too good to be true. Today we want to know. Would you pay 1,000 a month for a robot to clean your home or your office . Is it a good idea or a very expensive gimmick . Do you prefer the human touch for much less . Let us know just use the hashtag bbcbizlive hello and welcome to business live. Get in touch as sally says, use the hashtag tojoin the get in touch as sally says, use the hashtag to join the conversation. But First Oil Prices are rising again after tensions in the gulf have escalated. Iran seized a british tanker in the straits of hormuz on friday, and libyas Largest Oil Field declared force majeure after interference by an Unidentified Group shut down production. 21 of all the worlds traded oil passes through the straits of hormuz it is a Critical Energy chokepoint. This morning, theresa may will chair the uk governments Emergency Committee cobra to dis
Is to leave apple after almost three decades. Here we have the markets. All of them starting up but only by a small amount. Our Technology Correspondent Rory Cellan Jones joins us live with his thoughts onjony ives legacy this is rorys son in 2004, as well as his pick of the big tech stories of the week. The number of people in the uk doing gig economy work has doubled in the last three years. Today we want to know how manyjobs have you done, or are you still doing, at the same time . Get in touch with us here on bbcbizlive. Hello and welcome to business live. We start in osaka, japan, where the g20 summit of the worlds top economies has begun with a warning from the chinese president xi jinping that protectionist measures by some countries are destroying the global trade order. Mr xi is due to meet President Trump on saturday, with Global Investors and the Business World holding their breath for a potential deal to de escalate their bitter trade war. Lets have a look and see how that