Halting max production plus, iff is merging with duponts biosciences and nutrition unit it is a deal that will create a new consumer giant valued at more than 45 billion. Iff ceo and duponts executive chairman will be joining us to discuss the deal in just a few minutes. And record rally, the iss p and nasdaq new highs lets start with boeing, moving lower in the premarket, the journal is among those reporting that the company is considering suspending or cutting production of the 737 max. In response to the story, boeing issued a statement to cnbc saying it would continue to assess production decisions based on the timing and conditions of a return to service for the max. And as we know, guys, faa last week through cold water on that return happening before year end. Right i think that this is something that some people say it is a foregone conclusion. And that the reason why you didnt see this before was that the way that accounting works, something i think a great cfo would understan
Credible look. Welcome tonight. Every week w. U. A rebuilds with political connotations china is reportedly ordering Government Agencies to get rid of all foreign made computers and software could this be in retaliation for western all still being towards. Also coming up off war at the World Trade Organization bodies leadership trying to save the Appeals Court as the United States blocks the appointment of the judges and making the switch take you to a dairy in mexico which makes cheese using solar thermal signal. Was called welcome to. The Financial Times says china has ordered all its government on. Offices and Public Institutions to remove foreign computer equipment and software within 3 years it is the 1st time beijing has given buyers if you could start since to switch to domestic Tech Companies it comes in the midst of the trump administrations Global Campaign to curb the use of Huawei Technology outside of china the move is likely to have a big impact on u. S. Tech companies suc
A crisis moment for the Global Trading system the World Trade Organization is Appeals Court is on the course to collapse after successive u. S. Administrations blocks the appointment of new judges global trade looks set to lose its ultimate umpire. The man is not for budging and unless theres an 11th hour breakthrough the face of the World Trade Organizations top of course has been sealed the u. S. Ambassador to the w t o dennis chase says hell continue to block the appointment of new judges whose job it is to rule on trade disputes. Here is what that means the applet body is made up of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature or get to his statement in a minute but what
A crisis moment for the Global Trading system the World Trade Organizations Appeals Court is on course to collapse after successive u. S. Administrations blocks the appointment of new judges global trade looks set to lose its ultimate empire. The man is not for budging and unless theres an 11th hour breakthrough the face of the World Trade Organizations top of course has been sealed us some bosses are to the w t o denis chase says hell continue to block the appointment of new judges whose job it is to rule on trade disputes here is what that means the applet body is made up of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature or get to his statement in a minute but what he said w
Of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature ill get to his statement in a minute but what he said was that he thinks we need to dig deeper and we need to have a broader look at what we might be able to do in order to get a permanent solution to this problem involving the appellate body many of washingtons objections center on rulings related to trade with china. Without a court the 164 member w t o would no longer have a binding dispute Settlement System in a global trade environment that is a ready highly volatile that prospect has many feeling highly alarmed. Lets check in with our china expert cliff coonan who is in hong kong at the moment. Are they really that diffic