Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs to protect their own auto makers, making them more expensive. I think cheap chinese vehicles are a good thing for the environment. And i would tell you that china is transitioning from notjust being cheap but also being high quality and for us, we want to electrify our fleet and make sure it is affordable for our drivers to switch over to evs. The political considerat
The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the
And in the uk, conservative mps prepare to eliminate another candidate from the party Leadership Contest. Hello, im annita mcveigh, and welcome to Bbc News now, three hours of fast moving news, interviews and reaction. We start with all the latest developments in the middle east, and more than 100 rockets have been fired by hezbollah into the northern israeli city of haifa. Ma ny were intercepted by israeli defences. By israeli defences. But some did get through. But some did get through. Israel says it fired back at israel says it fired back at the launch is used for the the launch is used for the beirut, israel says it has attack. Attack. The latest salvos came the latest salvos came after a separate announcement after a separate announcement by israel that it had by israel that it had expanded its Ground Invasion expanded its Ground Invasion into south west lebanon. Into south west lebanon. In Lebanons Capital in Lebanons Capital beirut, israel says it has killed the commander of he
Three months 9 million jobs added after losing 22 million in march and april. Right my fear is that this may make it so that the negotiators for the package drag things out because things are better than expected so it looks like you could make a case lets be more considerate about this that would be bad because this number does not include a lot of reclosing, the biggest increase line item was bars bars and restaurants and we know that that backfired. So i intend to i think that its really important to keep the fire to the feet of these Congress People because, boy, i just dont think i think this is the last good one bloomberg is going with the headline that says the talks last night were rancorous and really no signs brink of collapse is one of the headlines out of bloomberg. Yeah. You dont think that the strength of jobs number today, jim, gives the democrats any incentive to blink ive been debating that all morning and i think that you heard you heard Speaker Pelosi on our show tha
It is the 32nd time this year the nasdaq has set a record close again. This morning, we are looking at a negative picture this morning, you are looking at red ar owes. S p indicated down by about 16 points everybody is waiting to see. At least right now, 10year looks like it is narrowing to 2. 5 jobs friday today. Forecasters will expect payroll to climb 1. 48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10. 6 from 11. 1 from june well take you through 8 30 a. M. When those numbers actually hit. News breaking this morning for those of us in new york city who woke up and thought what just happened. Con edison investigating widespread outages. As an upper westsider, no power there. You lost power . A true black out. We are in 2020, what could go wrong . I looked around and thought, it is so dark what is going on is the nasdaq going to have power. What am i going to do . Here we are middown. You left connecticut to come to