Start rebels against coke shot by lets turn to a hot spring coming from a poor family. Loves to become president challenges and god knows theyre credible story of bobby wind starts december 10th on g. W. Semen stays profitable despite the pandemic. The german industrial giant earns 4000000000 euros after spinning off its energy division. Well talk to the man in charge about the way ahead and asian markets look for new vaccine doubts while talk. Tech stocks rise globally as investors adjust their expectations. This is deja vu business. Im stephen beers, the end berlin. Welcome to the program. Well, siemens has just released its annual figures. The german industrial, i con, outperforming expectations, or net profits of 4200000000 euros. Thanks was strong 4th quarter. Not having to be, the last Quarterly Report for c. E. O. , joe qasr, which itself is just the latest chapter in the companys long history. That siemens once made everything from light bulbs to medical equipment to Nuclear Po
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
We got a hard reversal all afternoon thanks to saber rattling over the south china sea. 560point gain to close up 11. Nasdaq led us lower plummeting 1. 3 and s p lost. 93 some will say this, that this today was a short term top i think it was just a hideous Money Managers eager to lock in gains. Who can blame them one was up 7 . Up 7 last week and you know what i think it could be short term in nature. Its got a great start to a week that sets the tone for the whole earning season what is the game plan for the next four days since i was away on friday . You know what . Weve heard from pepsi co today. Pepsi gave upmost of its terrific gains we also got a big Semi Conductor deal by entbetter than expected numbers and that the how it felt before the rolled over tomorrow is where the rubber hits the road, and it could be rough. We hear from the best of the banks and the worst of the banks. J. P. Morgan and wells fargo. I dont know if j. P. Morgues results will be good enough to offset well
Fox wagon is keeping its china production facilities shot over persisting fears of the new coronavirus initially v. W. And others planned to resume production today the move comes as analysts try to gauge how hard the virus is hitting carmakers business the impact could be particularly severe for german brands which make between 30 and 40 percent of their global sales in china alone. Car sales in china are falling rapidly in the wake of the coronaVirus Outbreak the bank u. B. S. Expects february total sales to tumble by half a clear threat to popular german brands like b. M. W. And mercedes because if that werent bad enough extended factory shutdowns and supply chain disruptions the set to lead to a massive drop in production china has so far been a Success Story for german carmakers the overall market is in recession but the german brands are still growing. Folks bargain notched up sales of nearly 4200000 passenger cars in china in 2018 the biggest single country for v. W. By far dima