Emily but first to our lead and a bloomberg scoop. Uber has a new number two. The worlds most valuable startup has named Barney Harford its chief operating officer. Hartford is the former ceo of the Online Travel site orbitz. He is the secondprofile hire by the uber ceo. He has worked for and competed with khosrowshahi in the Online Travel sector. And it is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a Transportation Company rather than a digital company. The ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. We spoke with the capital managing partner from london along with Bloomberg Technology partner eric newcomer. Eric he has a long history with khosrowshahi. I think that is definitely helpful. This is sort of a loyalist you can bring in, a trusted hand. So i think that is part of it. Barney did a really good job at orbitz. It was a debt
Bitcoin. Emily but first to our lead and a bloomberg scoop. Uber has a new number two. The worlds most valuable startup has named Barney Harford its chief operating officer. Hartford is the former ceo of the Online Travel site orbitz. The second high profile hire by the uber ceo. He has worked for and competed with khosrowshahi in the Online Travel sector. And it is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a Transportation Company rather than a digital company. The ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. We spoke with the capital managing partner from london along with Bloomberg Technology s eric newcomer. Eric he has a long history with khosrowshahi. I think that is definitely helpful. This is sort of a loyalist you can bring in, a trusted hand. So i think that is part of it. Barney did a really good job at orbitz. It was a de
Emily but first to our lead and a bloomberg scoop. Uber has a new number two. The worlds most valuable startup has named Barney Harford its chief operating officer. Harford is the former ceo of the Online Travel site orbitz. He is the secondprofile hire by the uber ceo. He has worked for and competed with khosrowshahi in the Online Travel sector. And it is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a Transportation Company rather than a digital company. The ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. We spoke with the capital managing partner from london along with Bloomberg Technology partner eric newcomer. Eric he has a long history with khosrowshahi. I think that is definitely helpful. This is sort of a loyalist you can bring in, a trusted hand. So i think that is part of it. Barney did a really good job at orbitz. It was a debt l
Exchange to fail. Its not a Merry Christmas for apple. Analysts have lowered iphone x projections for the First Quarter citing weak demand. Say 10 million fewer units will be sold in the First Quarter of 2018 compared to the current quarter. Worn cs shipments falling by 5 million. They blame the high price and lack of innovation. Lets give you a feel of whats going on here. And a few other elements are playing out. Australia and hong kong are closed. We did see quite a bit of pressure on selective chinese companies. The nikkei was lower as well. Turkish stocks having an astounding rally. S p futures unchanged. U. S. 10 year, 2. 48. Across in the commodities space, some important moves for wti. Had u. S. Rigs not adding anymore. Is at 1000 children 78 an ounce. Its not a Dollar Strength story. A little bit of anxiety coming from the catalog election. We have a few other elements as well. Dollar yen up. Currently that level is still a sixweek low. Policy getting back into focus for inves
Letsthings first, quickly check on your markets. First of all, i wanted to have a look at the yuan, this is on the back of what we heard from china. Stocks in europe in to be drifting sideways a touch. I think investors are trying to figure out what the next catalyst is. Draghi is due to speak today. And then, the independence claim is tomorrow. N, that thats the bloomberg dollar index, up a touch. Heres nejra cehic. Reporter donald trump claims tax reforms would be worth 4000 a year for the average american household. He asked for help so he could give the country the best christmas president of all. Today are business tax rate is 50 higher than our average economic competitor. This is a giant selfinflicted economic wound. Reporter the u. S. President has said he plans to choose from amongst five finalists to be the next Federal Reserve chairman and will make his choice soon, before he leaves for his 11 day trip on november 1. With canadawound up and mexico rejecting what they see as