South sue didnts president is expected to sign a peace deal ending a twoyear civil war. Thousands have been killed and over 2 Million People forced to leave them homes in fear of their lives, the president there is under heavy International Fresh to you sign the deal. The u. N. Security council is pled threatening immediate sanctions if he doesnt put pen to paper. Gabriel elizondo reports. Reporter if south sudans president backs out of the peace deal, the United Nations says it will act and do so quickly. That was the message from the u. N. Security council. They expressed their inning to ac. [ inaudible ] to act immey if he does not sign the agreement tomorrow as he had undertaken. The u. S. Draft a u. N. Security Council Resolution calling to targeted sanks and an arms embargo if he does not sign the peace deal. But there could be disagreements within the council over the proposed u. S. Initiative. And diplomats say any action to the resolution would require further negotiations whi
Cory im cory johnson in for emily chang and this is Bloomberg Technology. A 105 billion offer hangs in the balance. The history of attack is turning hostile. The telik on patch made it the telecom match made in heaven is no more. What went wrong for americas fourthlargest wireless character. The massive document leak. Sidestepped apple billions in taxes. Multiple documents in the socalled paradise papers. We will look at apples involvement in offshore financing. Thet, more details about bid by broadcom to buy qualcomm. Broadcom has made a 105 billion offer. The qualcomm Closing Price before bloomberg broke this deal is saying it is ready for a hostile takeover if qualcomms board doesnt play ball. If the deal goes through, it would make broadcom the worlds thirdlargest chipmaker behind only intel in samsung. Sullivan, letks me start with you. It is a little crazy to think about. Weve seen a time of really big a dealsa deals big m in the past few weeks. I think what is going to be intere
Billion. Economy, governor philip lowe said it was the makers are optimistic, but bill remain concerned about the path of Household Spending and debt. Global news 24 hours a day powered by more than 2700 journalists and analysts in more , markets inntries australia shipping closing up shop today. Ice level in 2008 at doing very well. 29,000. Ying, just short a picture of the other markets in the region. Cory im cory johnson in for emily chang and this is bloomberg technology. Broadcom and qualcomm brace for a battle. A 105 billion offer hangs in the balance. The biggest deal in the history of tech is turning hostile. The telecom match made in heaven is no more. What went wrong for americas fourthlargest wireless character. The massive document leak. It shows how apple sidestepped billions in taxes. Multiple documents in the socalled paradise papers. We will look at apples involvement in offshore financing. First, more details about the bid by broadcom to buy qualcomm. Broadcom has made
It is more of a trend. We are seeing stocks decline this morning extending yesterdays decline. Yesterday, we finished well off the lows. A lot of investors wanting the tax debate in washington for cues on what to do with their money. Particular interest is that Corporate Tax rate cut and whether it is going to be delayed or not . Elsewhere, we are taking a look at earnings rolling in. The Media Industry did see shares higher. They fell last night after earnings and then rebounded. Estimates. Es missing that was mostly because of onetime items that the company is spending quite a bit like on star wars. News corp. Also out with its numbers. Those profits Beat Estimates and saw growth in its Real Estate Services group. The ripple effect, viacom, which is yet to report their shares. 21st century fox is higher a continued speculation about some kind of potential deal that company. The retailers as well, we continue to watch those. Were jcpenney up big time. Nordstrom is down. Both out with
Of the Balance Sheet . Those questions will probably be asked in my guess is she will not give us an answer. Interestsin her best but she might give reassurance that they are on the same path and will continue another rate increase this year and a winding down before the end of the year. We will have to wait and see. You brought up Financial Stability, morgan philly Morgan Stanley out that the fed is growing more concerned about valuations in at the markets and want to keep a close eye which is a message mario draghi brought to the ecb gathering in central portugal. David it reminds me of the highback chairs there. How cognizant is the fed about to the market . Michael there has been a feeling in the markets if the markets react badly to something the fed does, the fed will that off and that started with a taper tantrum. Been verye fed has closely watched in terms of Market Reaction and the janet yellen works to minimize that. Said officials will tell you they do not care. What they ca