Ranking executive to leave amidst the 737 max crisis. Nike names a new ceo. John donahoe will take over next year as the Company Looks to sharpen its technological edge. Shery first, lets get you started with a quick check of the markets. We are continuing to see pressure on u. S. Futures which are down 1 10 of 1 . This after we had the major indices finishing in the red. The s p 500 lost 4 10 of 1 . We had some weakness for the tech sector offsetting the rally we saw in energy companies. Oil jumped after the report of the opec plus discussing their cuts. The dow down to tenths of 1 , while the nasdaq lost 7 10 of 1 . We have uncertainty over what happens with brexit. We had key votes happen in the u. K. Parliament. We will discuss that later in the show. We also have a mixed bag of earnings when it came to those results out of the u. S. 1 5 of s p 500 companies are reporting this week. We have some solid performance out of united technologies, Harley Davidson but also disappointment f
We will find out. This is the picture across the markets across europe. Positive sentiment lifting them towards the end of the week. And well be getting the inside track on the past week in business from all the latest developments in brexit to the us plan to tax billions of dollars of european imports after it won its dispute over state aid to airbus, with our economics correspondent andrew walker. And as uber test launches its new uber Works Service that puts casual workers in touch with employers we want to know if you think its a good move . Would you sign up as a worker or business . Let us know just use the bbcbizlive. Hello and welcome to business live. For one last time and ill explain later. We start with uber, the taxi giant has been branching out into everything from food delivery to electric bike hire and later today its launching this uber works, an app that puts casual workers in touch with employers. It will allow say a waiter or a cleaner to compare pay rates and condit
Steve mnuchin the treasury secretary says that the Trump Administration does not intend to intervene in the currency markets right now. And mixing it up. Well be getting the inside track on a Company Making a stir with its cake mixes. A global slowdown in the diamond market is hitting the sales of industry giant de beers. Today we want to know have diamonds lost their lustre for you . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. The Business World reacts to the british Prime Ministers decision to suspend parliament in the run up to brexit. The speaker of the house calls it a contitutional outrage. Business groups here in the uk have been quick to condemn the move. The British Chamber of commerce says while the bosses lobby group, the confederation of british industry says the uk government, though, says its working closely with businesses and unions across the country to help ensure they are prepared for the uk leaving the eu on october 31st, whateve
They have already lost a wicket. We some people were joking that at least england didnt lose any wickets in the morning. Have some plate at least. England well, it only took about 5 for australia to make the breakthrough with Craig Overton, may need a bit more of a helping hand from Mother Nature if they want the nightwatchman, dismissed for 5. To regain the ashes. Thanks, ben. England have since snuck on to 55 2 and nick has all the weather in theirfirst innings. Hows the weekend looking . Rory burns and joe root are at the crease. The weather is getting into the itll be a near Impossible Task for england to win this match now weekend mood. Over the weekend it is the best they can probably hope for is a draw and hope to regain settling down, the focus coming up the ashes in the deciding match plus what is in a name . Quite a lot at the oval next week. Ifa its after steve smiths double plus what is in a name . Quite a lot if a storm is on the way. The met century in the first innings f
Top grades have nudged up slightly despite concerns opening day of the third test but about the difficulty of exams. The rain is playing havoc at ryanairs uk pilots have walked out in a 48 hour strike, headingley. Thanks. But so far theres been little disruption for passengers. Record numbers of fires also coming up are burning in the amazon, the microscope thats sparking brazils president claims opponents a biology revolution as it captures images at previously of his government are unseen levels of detail. Lighting them deliberately. Coming up on afternoon live all the sport. Hello. An early wicket for england and after rain delays, the third hello everyone test at headingley has just got back this is afternoon live. Borisjohnson is in paris under way. Thanks. Where his efforts to try and break the brexit impasse have met plus all the weather. Opposition from the french president , Emmanuel Macron. Mr macron has insisted and it is warming up. Good news for that the controversial iris