Disability. 0 will. See. Its the worlds number one telecom gear supplier and number 2 smartphone vendor around the south koreas. While ways revenue grew almost 20 percent in 2018 so passing 100000000000. 00 for the 1st time but the Chinese Technology companies at the center of the trade war between china and the United States huawei is blacklisted by the white house while way is something thats very dangerous you look at what theyve done from a security standpoint from a military standpoint its a very dangerous. Area in doha why is huawei regarded as a Cyber Security threat by the United States and is it in independent company which is an arm of the Chinese Government we find out as well ways chief Security Officer in the United States and he purdy talks to aljazeera. And he pretty thank you so much for talking to aljazeera today you work for the number one telecoms provider in the world the number 2 smartphone provider in the world and yet in the research that i did for this interview
Opposition says it wont support a congressional impeachment bid. To get us says hes listening to chileans demands and while he may be the obvious target of these protesters wrath most concede that changing the president is far less important than winning deep structural changes. Santiago. Will get a check on the weather next a man the day after a street battles in hong kong protesters plan pop up demonstrations around the city. Will also go up into the remote mountains of central asia to see how wildlife including these Snow Leopards are making a comeback. It is still stormy in western europe the story has been stormy now for 24 hours just look at the swirls of clancy the rapidity with which they move the worst weather of the moment is in the southern bay of biscay around the base of this low but it has been stormy all where west side you are its not over yet and just look at this this is the forecast for about a middle of today and the direction frequency of the era suggests has stron
Investments ever. Were closing in on new records in the markets, this amid new optimism for that potential china u. S. Trade deal as you saw stocks are set to open higher. And the tech lash heads to the states a major multistate investigation into antitrust practices at google, set to be announced later on this afternoon. David, kick us off on t. Interesting here. In so many ways. 3. 2 billion as you said the stake from elliott, the largest single investment i believe they made at the company, a long letter comes out this morning detailing the reasons why this could be a 60 stock within lets call it three years or so, 2021 is what theyre talking about. 65 or so upside to todays stock price. They believe 5 in dividends and 55 stock price, you could get to 10 earnings per share grower with significant margin improvement, what theyre calling for. And buyback. Something i want to make sure people understand here, it is interesting, people who know the company well, but sort of are vaguely
Return to growth. Results expected to confirm a 60 drop in operating profit rate and south korea Industrial Production for the month of june, when it comes to the seasonally adjusted monthtomonth we are seeing growth of 0. 2 . But still growth recovery from the contraction we saw in the previous. Estimates ofssing growth of 0. 3 . The number for may has been revised to a smaller concoction that it was thought initially, to a contraction of 1. 3 from a. Yearonyear, it is a bigger contraction than expected, a contraction of 2. 9 . The estimate was for a fall of 2 . It would mark the second consecutive month that the year on year gauge is in contraction for factory outputs and south korea. So both numbers missing estimates. The bigger fall is on the ronyear number from 2. 9 of 2. 0 . A down cycle in the Semiconductor Sector weighing on the economy. We are getting export numbers later in the week. That is also expected to contract for eight consecutive months. Already the first 20 days of
To decision by ab inbev do can its ipo has major implications for the hong kong market. Shery lets look at how markets closed, another day of record highs with the s p 500 closing above 3000 and the dow reaching 27,332. We had tech and industrials leading the gains. Energy stocks gaining ground as crude rallies on potential impact from Tropical Storm barry in the gulf of mexico. Seeing the nasdaq up. 6 , u. S. Futures not doing much. We saw data last week showing u. S. Producer prices gaining more than expected. Still u. S. Stocks managed to rent at a record high to end at a record high. We have japan away on holiday. Sophie looking at asian futures, they are looking mostly higher but sydney looking to open lower at the start of cash trade. Japan is offline, busy start to the week. We have chinese gdp and a bunch of activity data from the mainland. Stock markets flashing Warning Signals on the china composite with the worst week in two months on friday. We will gauge reaction to the ne