Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w
Welcome to bloomberg daybreak europe. Earnings season, here we go. To this, crossing the bloomberg. It is raising its fullyear 3. 5 to 3. 55ld to euros. That is the headline at the moment. It is also announcing clearance for metadata, so that is that deal that was announced not that long ago and it is announcing clearance for that, so thats another headline coming through and its also reaffirming its revenue target. Those are the numbers coming through. Coming up on bloomberg, the ceo joins us for his first interview of the day. We will get into a lot more details and talk about the industry as well. Do not miss that conversation. Speaking of industry, lets take a look at basf. Third quarter adjusted ebitda, that is the red headline. 1. 1 2 billion euros. Estimate, 1. 06. There was an expectation that in be Third Quarter, basf could hit by slowing industrial demand. That is the story we are getting for other companies in this earnings season as well. Third quarter adjusted ebit is a be
The former fed official draws criticism after suggesting the central bank hold back on stimulus that would help Donald Trumps trade policy and reelection. The president s deadline. Italys political leaders meet today seeking agreements on new government. Failure could mean a new elections as soon as november. Bp exits alaska. They sell their business in the state for 5. 6 billion saying it is no longer a competitive investment. Good morning. Matt good morning. We are looking at bund yields down to 70 basis points right now. Take a look at the threeday trade. Yields continue to follow how lower fall lower and lower. For the most part, futures are pointing to a negative open right now. We have futures down just marginally on dax futures and ftse futures. Futuresowing cac falling more significantly. Anna we look at europe versus the u. S. We will see how that levels itself out. I have a mixed picture coming through in the asian session. A bit weaker over in the chinese markets. The Invest
Welcome to power lunch. Scott walker the dow off the lows of the day when it was down nearly 300 points on the trump comments we just mentioned the s p 500 coming back a bit. The nasdaq the big loser down more than a percent. Check out the small caps in the transports, goth groups rebounding yesterday, but sinking deeper into correction territory. More on those moves a little later. As scott mentioned, stocks in the red as President Trump told reporters no deal is coming with tauschh china. Reporter the comment by President Trump calling into question whether talks with china would even happen next month is what moved the market because it raised expectations those new tariffs september 1st could go into place. Listen were doing very well with china. Were talking to china were not ready to make a deal, but well see what happens we have an open dialogue well see whether or not we keep our meeting in september if we do, thats fine. If we dont, thats fine but its time that somebody does w
Also plan to implement two projects this year, there is a large project, this is regarding billing, the company this also applies to sales, the problem there is that everyone was on oracle, and they need to switch, here by the twentysixth year it is planned to switch to the domestic system, these are. Twins, the digital twin of tets, the t luce company, these are objects in the area predictive analytics, a company, we, as rosseti, are developing, in principle, we are already finishing this one of the projects that will be implemented this year, the rs20 project, which we announced 2 years ago here on tsypre, i can say that the results are quite large, we we are already exchanging system operator, thanks to our rs20 platform, we also work with other etsk, which we consider very important, tomorrow we will sign an agreement with etsk e housing and public utilities, specifically regarding the rs20 platform. Please, next slide, and as i already said, on average, this was 85 for particularl