In almost 50 years. And india softens restrictions on rice exports. We ll be live in mumbai. Welcome to business today, live from new york, i m ritika gupta. Us stocks inching lower this morning but, wall street is set to end september on a high. And earlier today, we saw a strong rally in asia chinese stocks surging 8. 5% off the back of more stimulus introduced by the chinese government. Joining me now is bob doll, ceo of crossmark global investments. Thanks forjoining us. Chinese stocks post their biggest one day rally since 2008, not seeing that feed into us markets. What are your thoughts on adding china to your portfolio? we are still sceptical. There is no question the government took a week ago are very strong, positive for china internally, but we are not sure that will spur much more demand and that is what they need. China is facing with their debt situation and real estate situation, some deflationary forces and it will take awhile forces and it will take awhile for them
Hello, im azadeh moshiri. As fears grow about an escalation of the Middle East conflict, saturday has seen a string of Cross Border attacks between israel and the iranian backed lebanese group, hezbollah. And the iranian backed lebanese these are live pictures from the region. Israel says it has Hit Thousands of Rocket Launchers in lebanon. Hezbollah says it has fired new waves of rockets into Northern Israel. Reuters video shows rockets coming from Southern Lebanon being intercepted by the Israeli Military. The Health Ministry has said that 37 people were killed in yesterdays israeli attack on beirut. Those are new numbers. Israel said it was targeting a top Hezbollah Commander who also died during the attack will stop it says it killed, in their words, 16 terrorists. The us national Security Adviser said he was worried about escalation between israel and lebanon. When he was asked about the israli Strike Targetting Hezbollah Commanders. He said its a good outcome when people are brou
To acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. Us presidentjoe biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees kamala harris and donald trump have also both committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of nippon steel s bid say the us shouldn t reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. If the deal is successfully blocked, the fate of us steel is unclear. The company warned that it would imperil thousands ofjobs if the deal falls through. It may also close plants and even move its headquarters out of pittsburgh. Meanwhile, vice president kamala harris is proposing raising the capital gains t
Nippon steel s $14 billion bid to acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. Us presidentjoe biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees kamala harris and donald trump have also both committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of nippon steel s bid say the us shouldn t reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. If the deal is successfully blocked, the fate of us steel is unclear. The company warned that it would imperil thousands ofjobs if the deal falls through. It may also close plants and even move its headquarters out of pittsburgh. Meanwhile, vice president kamala harris is propos
Nippon steels 14 Billion bid to acquire united States Steel has been caught in the cross hairs of an Election Year and in the crucial Swing State of pennsylvania where Us Steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both committed to keep Us Steel american, though any move to block the deal could potentially be subject to litigation. Proponents of Nippon Steels bid say the us shouldnt reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. If the deal is successfully blocked, the fate of Us Steel is unclear. 1 Million or more to 28 instead of president biden s 39. 6 proposal. The Vice President told supporters in New Hampshire she would also push for a 50,000 Tax Deduction for new small businesses which would be a ma