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DW Business - News July 11, 2024

Will take good care of you may sometimes be one fever took hold on the west coast of congo in 2700 stores made big promises, but years later, reality looks very different from shoes. Good Drinking Water shortage. High unemployment, nothing to god. No stream of black gold. Oil starts december 4th on d. W. Is china cracking down on its tech giants . Beijing dangles its antitrust laws are big players like alibaba in 10 sets. And markets react harshly. Also on the show will visit one of chinas most popular tech firms, ride sharing app, g. T. True, saying, and take a ride in its new autonomous car, just outside shanghai. I mean, a group of berlin tech workers joining together to promote diversity in a sector that tends to look pretty marginal flow. And welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. And shares of ali baba and 10 cent fell shar ....

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DW Kulturzeit July 11, 2024

Hello and welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. The shares of alibaba and 10 cent fell sharply on wednesday. Hit by concerns of a new anti trust legislation by the chinese government. Beijing has published a 1st draft of the monopolistic rules aimed at the countrys tech giants. Well, they are not accused of any wrongdoing. Investors fear that new rules could impact their growth in the future. Alibaba shares were down more than 8 percent on the day. That on the same date announced record turnover from its singles day sales promotion. Beijings actions come on the heels of growing regulatory action elsewhere against tech. The u. S. Justice department suing google for antitrust violations last month and European Commission filing antitrust charges against amazon. On monday. Lets go now to our financial correspondent in frankfur ....

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DW Nuhr Im Ersten July 11, 2024

Hello, im christine one. Boy, its good to have your company. The recent news off a potential breakthrough in the search for a Coronavirus Vaccine couldnt come soon enough reported cases in africa are nearing 2000000 with the infection rates. Exin orating in some countries, kenya has reported its highest state that so from over 1000 with 24 people succumbing to the virus. Now this number pales in comparison to other parts of the world, but its the increasing number of deaths comes as the rate of new infections, spikes across the country, mostly in nairobi and the number of people infected with the coronavirus in kenya is shot be rising. Its a worrying trend in a nation where intensive care beds are in short, supply or farts. He says started scaling up the countrys testing capacity, reporting more than 1300 new infections on tuesday with out of work seen without any cure in sight. Weve probably been looking at most people peeks ....

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FBC Mornings With Maria Bartiromo July 11, 2024

Mccabe grilled on capitol hill yesterday over the russia hoax, defending the investigation. But admitting he would not have signed off on the fisa warrant to wiretap carter page again, the very latest coming up. Markets this morning are rallying. A triple digit move this morning with the dow industrials up 190 points, nasdaq up 120 of, s p 500 higher by 25. This after a mixed day on wall street yesterday where Technology Stocks took a hit and cyclical stocks found new life. We will get into it with the dow industrials up 262 yesterday, the nasdaq down 159 at the close and the s p 500 yesterday down about 5 points. Jobs in america, employers are seeing a growth in job openings that rival prepandemic levels. Where are the jobs . We investigate. Plus, insure your bird, Financial Coverage for the centerpiece of the big thanksgiving day meal making a buzz this morning. Morn ....

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BLOOMBERG The David Rubenstein Show Peer To Peer Conversations July 12, 2024

In the United States today, there are only 38 women serving as ceos of fortune 500 companies. One of those with the best track record is tricia griffith, ceo of progressive insurance, one of the largest Automobile Insurance Companies in the United States. She started as a claim adjuster and worked her way up to become in 2016 the ceo. Since that time, the stock is up more than 175 . My big mistake was, i didnt know her then and i didnt buy stock in the company. If she ever leaves that company and go somewhere else, im going to buy that stock right away. So for those who arent familiar with progressive, and if you watch television you would be familiar, because you have a lot of television ads, right . I am just curious, why is it that Autom ....

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