Business on robots in berlin welcome to the program the beijing motor show is finally taking place after an almost 6 month delay because of the coronavirus pandemic its the 1st major Auto Industry fast since the covered 19 outbreak and comes just months after reports a drop in car sales a record drop indeed the manufacturers passers by the economic fallout of lockdowns the event off as an opportunity to showcase their latest innovations as they strive to gain market share in the worlds biggest auto market one of the highlights is the array of socalled new Energy Vehicles thats electrics and hybrids which make up 25 percent of the exhibition this year. Lets speak to aunt ellen cost too much analyst with Investment Advisors bernstein how important was it for the Chinese Government to get this event off the ground this year. Well look i think its a hugely important to show the strength of the economy its back the consumerist back were handling the coronavirus relatively well in china and
Ups between azerbaijan and armenia the 2 former soviet republics in the caucasus accuse each album of reaganite a decades old conflict on the border. Plus in football the bonus legal springs a big surprise perennial champions by munich take such a tough time but the match didnt go like everyone expected to the left found an expert. Possibly shocked. And gather as welcome to the program u. S. President on the trump pass dismissed a New York Times report detailing years of tax avoidance according to the article trump paid 0 federal income taxes in 10 of the past 15 years and only 750 dollars the year he was elected from is the only present. Since the 1970s not to make his tax filings public report came just days before trumps 1st president ial debate with democratic rival joe biden and weeks before election day in november. According to the New York Times reports trump was able to minimize his tax bill by reporting staggering losses across his business and pot. Now lets bring in the spee
Equity futures after a negative close on wall street. Headlines fromop the bloomberg terminals. Better than feared. The German Government expects this years contraction to be less severe than previously forecast. The economy minister presents new forecasts today amid data from across the region. For more years . Jpmorgan says investors should position for rising odds of donald trump winning the reelection as the president visits kenosha, wisconsin. Apples production glitch. They asked suppliers to build at least 75 million 5g iphones for later this year in a sign that demand is holding up. Just under one hour away from the start of cash trading across europe. Lets take a look at what futures are showing yesterday after we closed yesterday down across the board in europe. We are now seeing futures rise. The ftse didnt sure cash in the futures are down. Index seeing the equity closed down with trading higher. Since the ftse missed out on the drop its futures are trading lower. We have gr
Humans to. Had taken stake in the huge slice out of sales for producers. Is all a lets do business the environment is a big window with economies around the world coming to a street chain holt as companies crank up production the dream of a clean a future is going up in Smoke International Energy Agency is calling for states to include aid for green policies in their corona rescue packages. Shuttered shops empty high streets life at a standstill in many parts of the world the pandemic has prompted governments to take action to stabilize their economies. Airlines have been rescued and stimulus packages of help Keep Companies afloat but with so much attention being devoted to the Health Crisis there been calls not to neglect other pressing issues like Climate Change. Such concerns have prompted the International Energy agency and the International Monetary fund to propose a plan that aims to unite climate protection with economic growth. Among the goals and you will Global Growth of 1 po
He was well aware of the consequences of the project for him to nonetheless decide to go forward with it means he doesnt understand the climate crisis. The siemens boss argues that indian industrial giant adani would have built the mine regardless even without siemens technology. The car Michael Coleman will be one of the biggest in the world siemens is providing signalling technology for a rail line to transport coal to the east. The mind will pump out Carbon Dioxide its emissions output is expected to be equivalent to the c o 2 produced annually by malaysia or austria once the coal is burned it will further add to Global Warming environmentalists are also concerned that it could threaten the Great Barrier reef. Siemens decision to continue its involvement with the mine doesnt reflect current realities according to environmentalist they warn the protests against the company will continue. Lets talk about this with our financial correspondent in frankfurt only bots what do you reckon h