United auto workers president is sidelined amid his own federal investigation just days after settling that gm strike. It is monday, november 4th and Worldwide Exchange begins right now. Good monday morning im ndomini chu if for Brian Sullivan. Mcdonalds has fired Ceo Steve Easterbrook. Those shares down 2. 5 at this stage in the early extended trading session. Now despite the drop in mcdonalds shares, futures are still higher this morning. If you take a look at the picture overall, the nasdaq up by 38, dow 85. The s p hit a record high on friday treasury yields again a certain big focus for investors these days look at the tenyear note yield ticking slightly higher, 1. 75 the last trade there, twoyear note yields 1. R8 as well markets in japan were closed for culture day. Look at the overall picture and its green across the board. A half percent gain for the shanghai the hang sang up 1. 75 the asian side of things very much in the green. European trading is exactly what were seeing th
Would be leaving the eu. The other news this afternoon there are reports of fighting in syria despite turkeys agreement to suspend its military offensive against the kurds. Coming up on afternoon live all the sport with jane dougall. Plenty of rugby to keep us occupied this weekend. Yes, and despite injury concerns for fly half yes, and despite injury concerns for fly half Dan Biggar Wales have named him ina fly half Dan Biggar Wales have named him in a full strength side for the quarter match against france in the robbie world cup, well be hearing from head coach. Thanks jane and chris has all the weather hows the weekend looking . The weekend is looking a bit better, lots of showers around on sunday, less on sunday. We will be looking at hailstorms that have hit cornwall recently. Good afternoon and welcome from westminster, where the Prime Minister is in a race to try to persuade mps to back his new Brexit Agreement before tomorrows vote in parliament. Borisjohnson says hes very con
These folks being added to the blacklist so to speak. Spokesman for the Chinese Foreign Ministry Says these accusations are nothing more than an excuse for the United States to deliberately interfere with chinas internal affairs. China will continue to take firm and resolution measures to protect its sovereign security. On the list, hike vision, the Worlds Largest supplier of surveillance equipment. They released a statement, that they have been engaging with Administration Officials the last 12 month to clarify misunderstandings about the company and addresses their concern. The company opposes this decision. They are not happy by deleted tweet about it general manager of the Houston Rockets, that tweet showing support for protests in hong kong. The chinese canceled games being shown, preseason games being shown from the nba in china. You cant find on line in retailers any Houston Rockets gear anywhere in china. The bottom line its a tough environment to go forward with a trade deal o
Thats likely to be down about. 33 . Lets see how they close. Lets get to hong kong because today, we see chinas clout. The general manager for the Houston Rockets, basketball team, tweeted support for hong kong. Beijing immediately objected very strongly. The tweet was immediately withdrawn. Lots of criticism for the nba this morning. They caved to the communists, to preserve basketballs appeal in china. Hong kong itself, im going to say its virtually shut down as violent protests returned over the weekend. Next case, what have we got for you . Joe biden. He says he will beat the president like a drum, end quote. The General Motors strike takes a rather ominous turn. And amid very visible security, joker hits the theaters and wins big. Varney company is about to begin. Stuart you know, this could be the stock of the day, maybe the week, maybe the month. General motors, down 1 . Its back to 34 a share. When the strike started, it was 37. Now, talks with United Auto Workers union broke d
By president bush. Have a listen. Always prepared, never haas been a country more prepared. I spent, i spent 1 1 2 trillion dollars. Were spending another 738 billion now. I spent 1 1 2 trillion dollars rebuilding our military. Obviously china is a threat to the world in a sense because theyre building a military faster than anybody. And frankly theyre using u. S. Money. Neil all right. So the president linking these two developments. Keeping an eye on both, iran and china, two very Different Cases to say it mildly, the target of iran is its central bank. Iran is all about black markets. Doesnt deal traditional fashion shipping out money. The central bank, trying to freeze assets coming in and out of there, the flow of funds there, might do that in the sort of the official diplomatic way but the fact of the matter, iran is notorious for finding endruns around that, working with other countries that help them find endruns around that. Well get the sense what this means with former trump