The one seemingly everlasting, huge, super stores on the outskirts of cities may have reached the end of their shelf life. Additional context to them change their closing down completely. Its becoming more and more difficult to invest. How do they compete . The how are they able to survive . Big super stores are not doing well. An entire sector is struggling. The. The big retail chains controls 70 percent of Food Supplies in europe. The agricultural and industrial sectors are directly impacted by this decline. To use it, these conversations can be very aggressive. So big Food Retailers are rushing to save what they can as the competition is already kicking off. Amazon wants to control the distribution of most of the goods in the world, and food is a huge part of the worlds economy to talk to the all total of a what do they need . So 10200. And they say that they have good intentions, and then theres no risk to us pocket for the home phone. So tell me, how can we trust such as johnny, w
The european equities failing to. Arry on that rally you are seeing france down 6 10 of a percent and the dax in germany down 6 10 of a percent. The ftse 100 down 7 10 of a percent. You are seeing some broadbased losses, but also if you look across the Industry Groups, most Industry Groups losing on the stoxx 600. The biggest losses coming from carmakers and household good companies. You are seeing Dollar Strength with a little bit of a bounce back from that threeyear low. Cable on the back foot at 1. 3992. Euro strength against the pound is what we are seeing, but a bit of Euro Weakness against the dollar. Look at what is happening in fixed income and you can see yields moving higher in the core and the periphery. The 10year bund yield up. Yields moving higher. Also, oil moving higher. Wti above 62 a barrel. Some of that might have been down to the dollar weakness. Lets check in the bloomberg first word news. Jessica summers has more in new york. Jessica President Trump is open to imp
Oliver we are here with megan murphy. To talk about this weeks issue. First off, jumping into a story that you wrote about, they storm that donald trump tweeted trump caused when he tweeted about taiwan . Megan this continues to reverberate days later. We had a call that ended 40 years of the approach of not trying to recognize taiwan but trying to bolster taiwan. And trump shows he is not afraid or not going to be reined in. When this initially came out it seems like a pr gaffe. This is actually a yearlong lobbying effort. We see people close to trump advocating for him to approach taiwan. And a tougher stance on china. China immediately came back and said that he was criticized the editorially on their front pages. When you think about the respect to china and putting in the trade tariffs, for your big first move to be a diplomatic call to taiwan, it shows people what the administration will look like. Carol another country in turmoil italy. It isnt just about the political situation
Oliver we are here with megan murphy. To talk about this weeks issue. First off, jumping into a story that you wrote about, they storm that donald trump tweeted trump caused when he tweeted about taiwan . Megan this continues to reverberate days later. We had a call that ended 40 years of the approach of not trying to recognize taiwan but trying to bolster taiwan. And trump shows he is not afraid or not going to be reined in. When this initially came out it seems like a pr gaffe. This is actually a yearlong lobbying effort. We see people close to trump advocating for him to approach taiwan. And a tougher stance on china. China immediately came back and said that he was criticized the editorially on their front pages. When you think about the respect to china and putting in the trade tariffs, for your big first move to be a diplomatic call to taiwan, it shows people what the administration will look like. Carol another country in turmoil italy. It isnt just about the political situation
Editorre here with the in chief to talk about this weeks issue. I want to jump into a story you wrote about a storm donald trump caused when he tweeted about taiwan and china. Vell us about how you don deeper. This tweet continues to reverberate. Officially recognizing taiwan but giving the military support, etc. Trump again shows he is not afraid. The most interesting thing about delving into this story is it seemed when it came out it was this amazing p. R. Gaffe. This is actually a yearlong lobbying effort with people close to trump, including bob dole, who have advocated for him to embrace the new approach to taiwan and a tougher stance on china. The important thing about this call is china immediately has come back and said he has been criticized on the front pages. But when you think about the policies donald trump is advocating with huge trade tariffs, for your biggest first moved to be diplomatic call with taiwan, that shows people what this administration will look like in ter