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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

Reaffirming its redline over taiwan. Coronavirus claims more deaths as cages cases approach ive million. U. S. Closing travel from brazil. Protesters to announce chinas security law in hong kong. Washington says it could be the death knell for asias leading financial center. How is that playing out across these markets . Declines from last week, there is a little bit of trepidation and caution across futures now. Your getting brent crude, pleasant surprise from the upside, nothing screaming higher. 29. 65. 2965. 34. 72 brent crude. Coming off weeks of sharp gains. Looking ahead you have more data that perhaps would give us more visibility on the path. We could get consolidation as we were talking about earlier in the program. Lets talkoned, about the renewed tensions between the chinese and the americans here with the foreign minister of China Morning the u. S. To give up warning the u. S. To give up Wishful Thinking about changing china. Saying some in america are pushing relations to

Transcripts For DW Business 20240714

The globe. And lets do business big tech is bracing for a fresh assault on several fronts activist back at the European Court of justice in luxembourg to challenge facebook in another case the right to privacy law the lost ones or a transatlantic Data Transfer system struck down over concerns u. S. Spies could get access to the new data analysts say todays case could be even. Privacy at the same time u. S. President trump is gearing up for a social media summit on thursday but the main Online Platform on Facebook Says it hasnt received an invitation to reports twitter has exploded the white house says Digital Leaders will discuss the opportunities and challenges of todays environment valley can expect a crackdown. On German Economy minister peter mieris. Tech and trade trip to the u. S. Hes visited tech giant google of maya has criticised the firm for its market dominance its Parent Company alphabet Reigns Supreme on the internet its take a look at the figures last year posted revenues

Transcripts For DW Business 20240714

To announce to the company stumbled during the world financial crisis and its share price has yet to recover. Has also been held back by a procession of legal woes the bank repeatedly saw itself confronted with fines worth billions of dollars for Money Laundering violating sanctions and its role in the subprime mortgage scandal but the restructuring effort is now being seen as a new chance by investors. This dawdling around for the past few years is over now concrete steps are being taken to give the bank a new direction and thats what we were missing over the past 5 to 6 years. While deutsche has said the move will cost 7400000000 euros and hopes it will return the company back to the top tier of banking many experts say it may be the last chance to save the bank as well as it im now joined by was telestial hes a Banking Expert at the Frankfurt School of finance and also in frankfurt our financial correspondent only bonsa standing by when he was start with you whats been the reaction

Transcripts For DW Business 20240714

Pleased to announce to the company stumbled during the world financial crisis and its share price has yet to recover. Has also been held back by a procession of legal woes the bank repeatedly saw itself confronted with fines worth billions of dollars for Money Laundering violating sanctions and its role in the subprime mortgage scandal but the restructuring effort is now being seen as a new chance by investors. By this dawdling around for the past few years is over now concrete steps are being taken to give the bank a new direction and thats what we were missing over the past 5 to 6 years. While deutsche has said the move will cost 7400000000 euros and hopes it will return the company back to the top tier of banking many experts say it may be the last chance to save the bank well im now joined by was telestial hes a Banking Expert at the Frankfurt School of finance and also in frankfurt our financial correspondent only bonsa standing by when he was start with you whats been the reactio

Transcripts For DW Business 20240714

On that leg on the plant weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet and in costs under control we now want to take the next step mats to align the bank with its strengths and that is what were pleased to announce to the company stumbled during the world financial crisis and its share price has yet to recover deutscher has also been held back by a procession of legal woes the bank repeatedly saw itself confronted with fines worth billions of dollars for Money Laundering violating sanctions and its role in the subprime mortgage scandal but the restructuring effort is now being seen as a new chance by investors. This dawdling around for the past few years is over now concrete steps are being taken to give the bank in new directions and thats what we were missing over the past 5 to 6 years. While deutsche has said the move will cost 7400000000 euros and hopes it will return the company back to the top tier of banking ma

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