For the tech sector. Ai Chip Giant nvidia has been surging on reports that the us government is considering allowing it to export advanced semiconductors to Saudi Arabia itjumped some 8 in Wednesdays Session pulling up the rest of big tech. Melissa 0tto is from S P global visible alpha where she heads up their technology research team. Just had us Producer Price Index data a little hotter than expected. That coupled with a little hotter consumer Price Index data yesterday. Does it change anything for when the fed meets next week . Are markets too optimistic about the pace of further Rate Cuts . Thank you, great to connect with you today. 0verall, thank you, great to connect with you today. Overall, the economic data that we saw Yesterday And Today was broadly in line with expectations. Based on S And P intelligence submitted for the September Rate cut of 25 basiS Points, what we have been seeing and driving some of the volatility in the market is there was some rhetoric over the past f
Coronavirus cases and political tensions. The Trump Administration rejects beijings claims in the South China Sea, accusing it of bullying. The u. K. Is set to ban huawei from its 5g mobile network. The plan would mean British Companies need to remove huawei infrastructure by 2027. Welcome to the program, everybody. Lets check out the futures. Lots of moving parts in terms of the market action. Lots of geopolitics to talk about as well. We have futures pointing to the downside in europe. We have to play a little bit of catchup with the united states. Lets get to some of the breaking news out of the u. K. That is certainly going to be one of the focuses in our program. The u. K. Economy shrank by 19. 1 in the three months ending in may. Getting a three month figure. Main manufacturing production rising by 8. 4 . Somecoming out manufacturing facilities coming out of the Strict Lockdown measures, working out how to manufacture in the current environment with covid safe practices. Mayecono
Join us, the brexitcast gang, in half an hour, to look back at the year that was in the world of brexit. Good evening and welcome to bbc news. The chief executive of boeing has been sacked less than a week after the plane maker said it would temporarily halt production of its troubled 737 max airliner. The company has struggled to recover after 346 people died in two crashes involving its planes. Our business correspondent, theo leggett, has the story. Two devastating accidents, and 346 people died. The first plane crashed into the sea off indonesia late last year. Then, in march, an identical aircraft went down in these fields in ethiopia minutes after take off. Since then, boeings newest and fastest selling aircraft, the 737 max, has been grounded worldwide. Blames been placed on a piece of Flight Control software, known as mcas, that activated at the wrong time and forced both planes into a catastrophic dive. Boeings failures and mr mullenbergs leadership have been angrily condemned
At the papers with our reviewers Kevin Schofield, editor of politics home, and the broadcasterjohn stapleton. And also, in 45 minutes, private eyes editor, ian hislop, joins the bbcs media editor amol rajan to look back on a year of front covers, cartoons and satire. Good evening and welcome to bbc news. The chief executive of the us aircraft manufacturer boeing has been sacked less than a week after the company said it would temporarily halt production of its troubled 737 max airliner. Boeing has struggled to recover after 346 people died in two crashes involving the 737. Our Business Correspondent theo leggett has the story. Two devastating accidents and 346 people died. The first plane crashed into the sea off indonesia late last year. Then, in march, an identical aircraft went down in these fields in ethiopia minutes after take off. Since then, boeings newest and fastest selling aircraft, the 737 max, has been grounded worldwide. Blames been placed on a piece of Flight Control soft