Falling back boeing is providing an advance for the dow inlyft customers cancelling orders this year in light of the pandemic. It is up 5 as we speak, 59 minutes left on this session coming up, kyle bass will be with us to talk about the Election Results and how president elect biden will navigate americas complicated relationship with china. Plus an interview you will not want to miss we will hear from carlos ghosn whose scrape from japan to lebanon Drew International attention. We will hear his side of the story,i his thoughts on what will happen to his former colleague and the men who helped him pull off his escape. Lets get straight to thesters we are watching mike santoli tracking the Market Action josh lip ton with the highlights from todays afternoon apple evenly joining us to talk about apple and the broader tech selloff is dan ives mike santoli tell bus the trend. Into value out of growth, into small out of large, and really out of defensive into cyclical thats been the team t
Start rebels against coke shot by lets turn to a hot spring coming from a poor family. Loves to become president challenges and god knows theyre credible story of bobby wind starts december 10th on g. W. Semen stays profitable despite the pandemic. The german industrial giant earns 4000000000 euros after spinning off its energy division. Well talk to the man in charge about the way ahead and asian markets look for new vaccine doubts while talk. Tech stocks rise globally as investors adjust their expectations. This is deja vu business. Im stephen beers, the end berlin. Welcome to the program. Well, siemens has just released its annual figures. The german industrial, i con, outperforming expectations, or net profits of 4200000000 euros. Thanks was strong 4th quarter. Not having to be, the last Quarterly Report for c. E. O. , joe qasr, which itself is just the latest chapter in the companys long history. That siemens once made everything from light bulbs to medical equipment to Nuclear Po
Years at the helm of siemens and activists point to massive human rights violation in violations of western china. Volkswagen plant their welcome to the show. Im Stephen Beardsley in berlin. The used to largest economies are signaling more help for business. As rising covert infections keep their countries in lockdown, french finance minister, bruno la, saying thursday, hes working on an aid package for small and midsize businesses, including rent relief and new tax credits. His german counterpart told reporters he will do everything necessary to cushion the economic fallout in germany. The government in berlin is currently working on a 10000000000 euro package to help restaurants and bars, among other businesses get more from chelsea delaney, our financial correspondent in frankfurt. Chelsea, how hard is this 2nd wave hitting european businesses . Were definitely seeing big divergences between european economies. If you look at germany, for example, what weve seen so far is a hit that
Republicans want pennsylvanias mailin voting process declared illegal. One of the president s most loyal supporters says it is time for mr. Trump to move on. Stephen schwarzman says the outcome of the election is certain today, and he is ready to help president elect biden. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Astrazeneca and the university of oxford the latest to deliver positive vaccine developments. Shares are lower today as analyst question some of the findings, although there is an outperform on the stock. We will speak with Matthew Harrison about the study and environment. We are talking health care with larry robbins. His outlo
Because the s p 500 is down a little bit more than it had been , down poured 4 . Earlier it had been down. 1 . Perhaps a reason for caution overall to think maybe the difficulties around the nearterm may continue to move ahead. If we look at havens on the week, we have the yen climate against the dollar and bonds higher. Some reason for caution, but small moves. David one piece of news overnight. Late yesterday we heard Steven Mnuchin had sent a letter to his friend jay powell saying please give us back the money we gave you for the emergency Lending Programs. He probably did not like jay powell do not like that much. Did the markets like that . Abigail we have not seen much of reaction. Bonds are lower which means yields are higher. What is interesting is we do have a reaction for the financials. The financials typically would climb on yields going higher, but they are not. There i be uncertainty around this bat and what it means. The lifeblood of this rally coming out of the march lo