Thank you for watching bloomberg surveillance. The stocks europe 600 down a touch. A lot of the focus is on the jay powell. You can see the u. S. 10 year yield at 2. 10. And we are looking at the pound. Boris johnson is the person who will probably become the Prime Minister and keep saying no deal brexit should still be on the table. We seeing Market Movement with the pound extending. You can see cable at 1. 2458. Coming up, we talk commodities with blackrock at 10 30 a. M. London time. But first, lets get straight to bloomberg first word news. China are. And holding the first highlevel talks since a truce was called in the trade war. Top trade officials are speaking on the phone. Larry kudlow says the initial talks were positive. There was headway last winter and spring, then it stopped. Hopefully, we can pick up where we left off. Ambassador lighthizer and secretary mnuchin are exploring all that. Discussions today went constructively. But its too soon for details. Factories and bare
Biggest trading partner. European stocks are open, as you can see, they are looking pretty flat. And well be taking stock of some of the biggest financial stories of the week, including majorjob cuts at Deutsche Bank. Today we want to know as new figures show a big fall in concert revenues, do you think rising ticket prices are to blame . Are high costs putting you off going to a live music event . Let us know just use the hashtag bbcbizlive. Dos santos your thoughts, we have had a huge response already. Do send us your thoughts. Hello and welcome to business live. We start with the struggling British Travel giant thomas cook, the worlds oldest package holiday company. It could be headed for a new departure under chinese ownership. Shares in thomas have slumped around 90 in the past 12 months and debt has soared amid growing fears for its survival, as it competes with Budget Airlines and Online Travel firms. In the first half of this year, it announced losses of 1. 88 billion as it str
This critical summit for him. The president will be talking to nine of the 20 leaders. That will start tonight japan time. President trump will be talking trade with japan and china. On japan, the u. S. Trade representative Robert Lighthizer believes he could have a deal, a trade deal in place within weeks, on china and in exclusive phone interview with our maria bartiromo, President Trump says the next round of tariffs on chinese imports may not be 25 . I havent done phase two yet. Now, phase two doesnt have to be 25 . It could be 10 which people can absolutely handle. But our people arent going to pay for that either. And the president argues that Chinese Government is actually paying for these tariffs and the way he says that is the Chinese Government subsidizes their companies to keep the export costs low on to these tariffs. Thats the way he says china is paying for this. This week will go a long way to see if we can have a trade deal in the near term or longterm with china. A sou
Across the nation heading into 2020 election. First up, here is what is new at this hour. Melissa Mark Zuckerberg is set to take the stage this hour in aspen must be nice following President Trumps comments saying the social Media Company and others should be sued over bias allegations. Well bring you his comment the moment the event begins. That is Mark Zuckerberg. Well have much more from miami as 10 democrat candidates take the stage to kick off night one. Well speak with the Dnc Communications director as well as the miami mayor, what we can expect to hear. Tensions continue rising in iran. The commanderinchief telling fox business, quote, i hope we dont have a war with iran. Well tell you where we stand now. We have fox Business Team coverage keeping track of todays stories. Edward lawrence is live in japan ahead of the g20. Jackie deangelis is standing by at the New York Stock Exchange and phil flynn watching oil and gold from the cme. Lets kick it off with edward. Reporter melis
This is broadcasting around the globe and covering the world of business and finance of the impact upon us all on the inner burrito and im christiane washington heres a look at whats on deck today joyce the bank stock is bleeding after the Company Begins a massive layoffs period International Regulatory attorney miles edwards is standing by to delve into digest shrinking pains. That are back up after iran has responded to its tanker being seized in off the coast of japan alter taught or with above the training joins us to sift through the seizure on the seas and later British Airways is facing a major record find over its data breach molly barrows contributor to americas lawyers lend us a hand to check in on the turbulence facing the english airline showed today the lets go and die right in. A dismissal by president ial decree for the governor of Turkeys Central Bank leads our global report today as president crosses a new line in his push for lower Interest Rates the turkish president