On a lot of programming go and bury me show you can you tell us that our innovations magazine for any show of our trip every week and looking to the future on t w dot com science and research for. The Global Equity selloff continues stocks slide again in new york office such a long bull market is this a big correction. A south korean surprise the era of samsung walks free judges to spend jay wileys corruption sentence and with bulgaria having taken up the e. U. Presidency critics accuse the government of failing to fight rampant corruption. And bad physical and lets do business. Yes the jitters are returning to trading floors around the world the Main Financial markets have been enjoying record after record of course that can go on forever up wall street ensuring further falls of up to one percent today friday still the biggest weekly losses on the New York Stock Exchange in two years a u. S. Jobs report showed a surge in wage growth sparking Inflation Fears and worries about an accele
London. I am yousef gamal eldin. Tracy and im tracy alloway. This is trending business. We had no event for a week. This is trending business Bloomberg Markets middle east this isBloomberg Markets middle east this is Bloomberg Markets middle east. We had a very eventful week. Increaseds, the rates by six to 597. That means that u. S. Rates are off to the best start since 2017 began. So that is the best start in five years. Look at that. Look where we have come from theremid2016 all the way in midfebruary. You see it there. That is your reference line. That is wti. Interesting, tracy, here, we had the gas line and column and they said, you know what . Traders are not caring about these numbers, including the inventory bill from last week. Is right. T we had investors look through everything happening in the almostoking focusing entirely on opecs production cuts. Lets look at where markets close to your eyes josh closed in the u. S. Last week. The dow jones average basically unchanged. T
We are 30 minutes away from the open in china and hong kong. Asiabergs southeast markets, singapore, malaysia coming online, joining this session which has been positive. Japanese market leading and gains after getting a arrest by it on the dollaryen. They are ahead of the key speech from President Trump. Sophie is tracking the markets for us. To the respond in the dollaryen strength, we are seeing japanese shares higher about six or send following the rally on wall street. Take a look at some movers on the nikkei. Gaining. 5 . This Company Makes jet engines. It also builds refineries and Nuclear Power plants. It is said to have booked a onetime gain on a Properties Sale in tokyo. Toshiba following about 2. 6 , using the earlier drop. We did have a japan ceo saying it does face a risk. One of the reasons including this liability could exceed assets. We are seeing a gain of about. 1 . Earlier we did have australian stocks open weaker, now up about. 33 . Helped driveally the seller profi
To buy its major rival, Time Warner Cable, for a massive sum, over 60 billion. And it is the checkin app that many had given up on, but now foursquare is telling you what is nearby and giving you ads on the spot. About theo the ceo turnaround. Nest up, google is buying labs in an all cash deal, still subject to regulators. It is part of googles push deeper and devices. By awas founded in 2010 former apple executive and matt rogers. Google has the our senior west coast correspondent Jon Erlichman has been following this story from l. A. As i mentioned, faddell feelss cofounder nest like apple. I always thought if anyone would die them, it would be apple. Why google . For the position for google, apple, and samsung in the story, here is how things may be playing out. Google has never shied away from doing an acquisition if it allows them to go into a new area. Keywonder if this is their to getting into the connected home and a bigger way, which you just alluded to. I was at the Consumer
Over 60 billion. And it is the checkin app that many had given up on, but now foursquare is telling you what is nearby and giving you ads on the spot. We speak to the ceo about the turnaround. First up, google is buying nest labs in an all cash deal, still subject to regulators. It is part of googles push deeper into devices. Nest was founded in 2010 by former apple executive tony fadell and matt rogers. Our senior west coast correspondent Jon Erlichman has been following this story from l. A. As i mentioned, fadell and his cofounder nest feels like apple. I always thought if anyone would die them, it would be apple. Why google . As for the position for google, apple, and samsung in the story, here is how things may be playing out. Google has never shied away from doing an acquisition if it allows them to go into a new area. You wonder if this is their key to getting into the connected home and a bigger way, which you just alluded to. I was at the Consumer Electronics show in las vegas