To a remote corner of south africa, close to the borders of botswana and namibia, to a place called the hakskeen pan, on the southern edge of the giant kalahari desert. So here we are, we have come to the hakskeen pan. Beautiful, flat, miles and miles of dried mud, this lake bed, surrounded by these low, dark, red brown hills. A stunningly beautiful place. We are 800 metres above sea level here, a lake bed of mud and salt that floods briefly, once every year or two, and those white tents on the lake edge, well, think of them as ground control. There is something a bit mission to mars like about this whole project. Imagine trying to do something as complicated as this in a climate like this. Today, it is about 35 degrees centigrade. Yesterday it was touching a0. But there they are. Inside the tent, a quiet frenzy. At the centre of it, the bloodhound, flown out in pieces from the uk and now being reassembled. The aim, this year, to test the car at speeds beyond 600mph. Yeah, we have got
Now on bbc news its 22 years since a british driver broke the sound barrier and the world land speed record by driving a car across an american desert at 763mph. Today, the same man is trying to smash his own record with a new car, the bloodhound this time, in africa. Andrew harding has been following his progress. Well, the thing about the land speed record is it is the last of the amateur corinthian sports. It is done purely for the love, the fascination of it. Some people argue, well, the old cars are no more, but forget it is a car, we are pushing the boundaries of engineering to its absolute limit. Every day i go, why are we doing this . It may be the last land speed record as we know it. This is a story about stubbornness and ingenuity, and yes, about speed, too. It is the story of a quest to design and build the worlds fastest car, and then to find a place flat enough, long enough, to actually drive it. There are not many spots on this particular planet suitable for racing faste
Munster. Hospitality disruptor. Shortterm holds that combine elements of hotels and apartments. We will hear from the ceo. But first to our top story. Record highs on tuesday on averages, but Something Interesting happened during the day. The s p 500 tech index closed down slightly. Is this a sign of trouble to come . Joining us to talk about what this means is bloombergs abigail doolittle. I want to take a look at a chart im showing in my terminal which highlights some of the profit taking. I am wondering if that is what happened today given the overbought levels on the tech sector. Abigail i think you are dead on with that, taylor. That is exact a what that represents, you little bit of profittaking. That stock up so much this year, and that is really what makes today so interesting, the nuances you were talking about, the nuances, each finishing at a record high. The stocks and chip index also finishing i record high. The reason that stands out is they are leading up all year, up mo
Most expect it to end in the Fourth Quarter of this year. If that does not happen, that could really take a chunk out of the rally and make 2020 difficult. Plus, trade. That agreement still has to be signed. President trump indicated that could happen over the next few weeks. Then we are looking at phase 2. 2020 could bring some new risks that are not priced in, at least not now. Kurt certainly something we will be following. Thanks to bloombergs Abigail Doolittle for that update. The final stretch of the Holiday Season and shipping deadlines loom. Amazon cites a decline in fedexs delivery performance. Here with us, spencer, who covers amazon for bloomberg news. What is happening here . Spencer you basically have a big fat vote of noconfidence in fedex from amazon as we enter the Holiday Season. These are the dates that people decide, will i buy this online and hope it gets here in time for christmas or not. Amazon has narrowed the amount of time people are willing to make that call. A
This is a story about stubbornness and ingenuity, and yes, about speed, too. It is the story of a quest to design and build the worlds fastest car, and then to find a place flat enough, long enough, to actually drive it. There are not many spots on this particular planet suitable for racing faster than the speed of sound. You cant just pick a straight stretch of road. At 500, 700, 900 miles an hour, the wheels would rip apart mere tarmac, which is why we have come to a remote corner of south africa, close to the borders of botswana and namibia, to a place called the hakskeen pan, on the southern edge of the giant kalahari desert. So here we are, we have come to the hakskeen pan. Beautiful, flat, miles and miles of dried mud, this lake bed, surrounded by these low, dark, red brown hills. A stunningly beautiful place. We are 800 metres above sea level here, a lakebed of mud and salt that floods briefly, once every year or two, and those white tents on the lake edge, well, think of them a