Groups say no. Hello and welcome to your business i want to get johnson berlin good to have you with us ever heard of and group if not now is the time to find out more and group is the Financial Technology of Chinese Commerce giant ali baba and its just filed for a do you a listing in shanghai and hong kong the i. P. O. Is being billed as one of the Worlds Largest stock market listings which could well raise a record 30000000000. 00 and group operates ali pay 1. 00 of chinas 2 dominant Online Payment Services now for more on this story lets bring in our financial correspondent in frankfurt thats Chelsea Delaney good morning to you and a man in taipei its so hans soo good morning to you too and id like to start with you. Because why is it you will have listing and both of those basically taking place in china. Well actually the end financial is not the 1st Chinese Company to list both and china and hong kong we know Companies Like net. And financial Sister Company they all went to hong
So much for these phrases that we love. Lisa we learned something yesterday. We take that pile of cash and split it into quarters and then you have more money. That is what we learn from our end has left. Apple and tesla. Tom we are doing a lot of strategies,equity fixed income strategies. Futures up, another equity lift to the markets. Lets get right to the morning brief. Lisa we are going to get the manufacturing data for the month of august at 10 00 a. M. Youre getting, u. S. July construction spending. Housing, red hot. We are likely to see more edification of that trend. Look at lumber prices tripling. U. S. August to get wards total vehicle sales. There may be cooling there. What does this mean about how much money people have to spend . Also today, President Trump visiting kenosha, wisconsin against the wishes of some local officials to discuss recent events that have transpired there, the death of one of his supporters, the rioting come of the protests the rioting, the protests
To sell the biggest composer. I cant even begin to imagine a world class one Player Center willers on a musical journey of discovery. 2 with the hope that mr september 16th. In the midst of a con demi queen my twit knows the worlds biggest i. P. O. Shares in chinese ecommerce giant alibaba jumped to a new record this morning a day after the groups financial on filed for a joint listing in shanghai and hong kong. Coming up new laws aimed at improving the lives of europes Truck Drivers could backfire we tell you why. Hello and welcome to do business i want to get Johnson Beilin good to have you with us and. Were starting with what could be the worlds biggest i. P. O. This year and to group has filed for a jewel listing in shanghai and hong kong and group of course is the Financial Technology arm of chinese ecommerce giant Alibaba Group back in 28 years it was valued at 150000000000. 00 in a private fundraising round making it the most valuable unicorn in the world but now its aiming for
Humanity a community in indonesia defies officials to shelter stranded wrecking the refugees. Also ahead bring the bidding farewell to its late leader a state funeral is held for president via. The sports. Ah. 30 years of waiting finally yields an English Premier League title for liverpool the. Iraqi Security Forces have raided a base belonging to an iranian backed Militia Group 10 rockets were seized and of these 14 members of the t. V. Hezbollah were detained including commanders members of the group demanding their release. The Iraqi Government has been promising to crackdown on because he has and other militias since july of last year the shia armed group was formed before the invasion of iraq on anti western and pro iranian ideals jury in the war it became known for deadly attacks against american and Coalition Forces the group has longstanding ties with tehran and is often considered to be an extension of the Iranian Revolutionary guard their former leader 100. 00 s. Was assassin
A joint care facility to help tackle the surge in infection. Begin with breaking news coming to us out of the u. K. British media reporting 3 people have been stabbed to death in an attack in the scottish city of glasgow the incident reportedly took place in the stairwell of a local hotel the local police force thats Police Scotland is saying they are not looking for anyone else those comments followed the shooting that we think by a Rapid Response unit of the alleged perpetrator lets get more now from Lawrence Leigh our correspondent following the story lawrence those are the bare facts what else do we know. Well there is that there are some conflicting reports peter in fact its not even clear that the suspect in the case has been killed some reports say he was shot but wasnt killed. The idea that it was in a hotel is also potentially slightly confusing it was a Hotel Building but the bins various reports one i heard suggesting that it was being used as a homeless hostel another repor