jinping to bring russia back to the negotiating table over ukraine and as part of his three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor from the sx business school to get his thoughts on mr macron s economic agenda. thoughts on mr macron s economic agenda.- thoughts on mr macron s economic agenda. there were some results. economic agenda. there were some results. and economic agenda. there were some results. and especiallyl some results. and especially another, the second empath assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. , . relationship between china and france. 3 . relationship between china and france. , . ., france. it s a tricky one, isn t it? france. it s a tricky one, isn t it? because - france. it s a tricky one, isn t it? because china l fra
to the negotiation table over ukraine. the economy it was also high on his agenda and during his three day visit deals have been struck including on green and nuclear energy. i spoke with a professor earlier from the business school we explained the balancing act that france needs to strike with beijing. what is happening is that president or an invited ursula von der leyen to come with him and they are looking at the different speeches that have been given in beijing. micron is playing the soft parts while ursula bandar lyon is playing the hard part because has warned china several times because of the alleged meddling of china and russia or in ukraine. so president micron is playing this card in order to say we can corporate with china. we are the biggest chinese partner in the economy field so there are ways we can corporate no while the european commissioner was given warnings. commissioner was given warninqs- commissioner was given warninus. . ., , ., warnings. that was
96% plunge in first quarter operating profit. in a preliminary earnings report the will s largest memory chip and tv manufacturer estimated its operating profit fell to $455 million for the first three months of the year. samsung electronics is due to release its full year earnings report later this month. crypto currency platform finance will close its australian derivatives business following the country s regulators targeted review of the country. the australian securities and the commission said the cancellation was requested by the exchange of. regulatory scrutiny of finance has increased, in much the platform and its founder was sued by the us commodities watchdog for operating what was alleged to be an illegal exchange. i wanted take you for a quick check on how wall street closed overnight. as you can see on our screens all the major indices wrapping up the week in the green despite recent signs of a weakening labour market.
weakening labour market. we will be focused on this later today when the us government releases its latestjob data. michelle story has more. for months now we have been talking about the red hotjobs market in the united states for the data released earlier this week suggests that bowl is starting to show signs of age. hiring is losing momentum and notjust in a tech sector. the fast food giant, mcdonald s, i noticed the latest downsizing of workforces. just how far the market has closed should become clear when the government releases is job reports for march. there were 240,000 workers hired last month a sharp drop from the 300,000 plus in february and a bigger reduction from the number in january. a gradual slowdown will be good news for america s central bank. the federal
for workers in developed economies, it is it stronger or weaker? it is it stronger or weaker? my best uess it is it stronger or weaker? my best iuess is it is it stronger or weaker? my best guess is demand it is it stronger or weaker? my best guess is demand will it is it stronger or weaker? my best guess is demand will be it is it stronger or weaker? my best guess is demand will be weaker. i i guess is demand will be weaker. i think the question is how much weaker and there i hold out some hope. i still think we are working through the effects of the pandemic and with the rapidly rising inflation that we believe is subsiding as far as wages are concerned in the us, we think europe as well, so ultimately we are hopeful that labour markets will help cushion the economic headwinds and we will not have such a dramatic weakening labour market as the headline economic forecasts would predict. headline economic forecasts would iredict. ~ 2, headline economic forecasts would iredict. ~