Through 1. 55 , is back at 1. 56 . The dollar continues to strengthen as well. We are very close to the 100 mark for the dollar index. The your a particular the euro a particular feature of that. Story. Ple the big hsbc also worth focusing on, down by 6 today. The new strategy doesnt seem to be finding favor with investors. It is around 28 points off the ftse 100. Gives you idea of the skate and weight and of the of hsbc. Coronavirus certainly present when it comes to the coronavirus story. 1. 07 handle we had a one dollar zero seven cents level we had a 1. 07 level if you minutes ago. Vonnie apple saying work is starting to resume around china, but experiencing a slower to normal return a slower return to normal condition than expected. For more, we are joined by steven milunovich, Wolfe Research managing director, over the phone. Almost 50 of factory workers are not at work in china, so this statement, even though it came from apple and is providing a drag on stocks today, could almo
Apple warning that coronavirus will hit revenues. The drop in apple surprisingly small. Flat as investors see little new in this reboot. We are going to get 35,000 job cuts, though. And franklin buying legg mason. L scale project s of protect active Asset Managers from the storm ripping through this industry . From london, im guy johnson, with vonnie quinn in new york. We are counting you down to the european close on bloomberg markets. Vonnie grinding lower, but slowly. We are down zero. 4 on the s p 500 as more and more companies talked about the impact of the coronavirus shortterm and more intermediateterm on their businesses, including the apple, and of course which is what spooked the markets after a possible turnaround day yesterday. Apple said it would tried to china said it would try to shore up its economy. We are also getting some good earnings reports helping shore up some of the market. Gold futures above 1600 an ounce, and that is all just in the last few minutes. It does
Get the view from asia and this is the situation in the markets in europe as they open on the up. A lot of investors waiting for that key decision from the ecb. And reaching for the stars. Well be getting the inside track from a South African entrepreneur known for his passion for democratic technology and a spell on the International Space station. So today we are asking what are your astro ambitions . If you were given the chance to go to the International Space station, what would you do . Just use the hashtag bbcbizlive. Hello and welcome to business live. We start in frankfurt where in a few hours time the European Central bank holds its latest policy meeting. The big question when will it begin to raise Interest Rates from their historic lows and start unwinding the massive Economic Stimulus Programme thats been in place since the financial crisis . Its a big dilemma for ecb chief mario draghi. Lets show you why. The eurozone economy is in much better shape, growing atjust over 2
Polluting. Jaguar land rover announces big plans for new electric cars. Ill ask the boss if companies and drivers a ready for a Battery Powered future. Good morning. In sport, therell be no Federer Nadal showdown at the us open. Roger federer is knocked out byjuan martin del potro, so he will take on world number one rafael nadal, for a place in the final. Businesses are told to stop pushing unhealthy food and larger portions on consumers. Shoppers risk eating an extra 17,000 calories a year from unnecessary purchases. And matt is also on the coast today with the weather. Good morning. I have dragged the deckchair to sussex. We are looking at the effects erosion are having on the coast. Details on that and they forecast starting off dry but with wet weather coming later up next. And a forecast. Good morning. First, our main story. Hurricane irma has caused devastation across the caribbean killing at least seven people. The small island of barbuda has been severely hit, making it, in th
6 00 in london this wednesday morning. Standing byters are and ready to deliver stories that will drive. I bloomberg reporters are standing by and ready to deliver stories that will drive your day. And talks to sell its japanese pc business. And facebook footing pressure on rival, twitter. At the had has a look commercial future. Stay with bloomberg. From an auto expo, ralf speth. He is expected to make an announcement that will impact the markets. That will happen later on during countdown. They also got the chance to sit down with philip green, the majority owner of the arcadia group. He has nine retailers, including top shop. Interview onhat the pulse later on. Eye oneeping an operating profits coming in at 2. 3 one billion francs. This is swatch, the watchmaker based in switzerland. Sales have been very. They expect a healthy growth in 2014. They say they are in an excellent decision for longterm growth. Lets get a look at the markets. Management are advising clients not to panic.