Strengthened antiMoney Laundering levels. Rising virus cases across europe as the u. K. Government says it cannot rule out a second lock down and the white house grants tiktok another week to seal a deal with oracle and walmart as President Trump gives them his blessing but says they must create a 5 billion u. S. Education fund. It will be a Brand New Company and it will have nothing to do with any outside land, any outside country. It will have nothing to do with china. It will be totally secured well, a very warm welcome, everybody. Lets kick off with a look at markets. It was a brutal start to trade you have the dax trading down more than 2 the ftse underperforming down by 2. 5 and the cac 40 coming under massive selling pressure and a couple of sectors baring the brunt of the hit amid concerns around rising case numbers and further lockdowns across europe and the u. K. In particular and then the Banking Sector taking a hard hit down more than 4 and a couple of banks in focus but th
The ecb today likely in some time,ust merely to mark there may be some tweaks in terms of determining will it have an impact, but it will not be major. The ecb is waiting for more data. The ecb is also waiting for meetingnd the council which will determine this rescue plan, 750 billion euro rescue plan, and everybody is waiting to see what happens there. Yousef a medical meeting today tom medical meeting today, first do no harm. Right now with first word news in new york city come here is ritika gupta. Ritika President Trump is shaking up his struggling reelection campaign, replacing manager brad pascal. Pascal has been under fire for some time, coming less than a month after the residents sparsely attended rally in tulsa. The twitter accounts of some of the most prominent american political and Business Leaders have been hacked, amongst them, barack obama, joe biden, elon musk, jeff bezos, and warren buffett, an apparent attempts to promote a bitcoin scam, sending out tweets promising
Moreid things were much complicated because of the chinese. He also said the phase one deal on trade was a strong agreement. He expected to be implemented. Is he right. Is a good agreement . Us i am not sure it will be implemented. The world has changed a lot. U. S. China relations have changed quite a bit. Frayed, given that large tariffs have been imposed on china, and the campaign rhetoric, which is very , some of itst china very valid, like the actions in hong kong. On top of that, covid19 came along, which has made it difficult for china to implement this part of the trade agreement. It promised to buy 200 billion worth of products, agriculture, manufacture products and Financial Services and also opened up Financial Services. Is throwing the chinese economy as well as our economy for a loop. China will not be able to live up to its end of the deal. Onna wants to keep relations solid footing. That is part of why they have invited the secretary of state pompeo to meet with their to
Digital affairs. Fcc for greater access, the latest attempt to fight sanctions, but does that have legs . Our top story. Back to amazon. Bloomberg has learned investigators are looking into its massive Cloud Computing business. Sources say the agency has been asking Software Companies about practices around aws. The unit is one of the backbones of the internet and has a Cloud Computing market share of 50 . Rival microsoft is 16 . Anning us to discuss is analyst from rbc capital markets, and in washington, the person who helped to write the story. Regulatorsprised seem to be looking at almost every portion of amazons business . I think this is as surprise. Complaints about amazons Retail Business are well known. Independent sellers have been talking about ways they think the company is not treating them fairly on this platform, but complaints about age of u. S. Have been quieter, so the fact they have seized this as an area of concern is significant, especially because aws is such a lar
Digital tax when we talk to the countrys minister of digital affairs. Tech giant huawei sues the fcc for greater access, the latest attempt to fight sanctions, but does the case have legs . Our top story. Crackdownovernments on big tech and back to amazon. Bloomberg has learned investigators are looking into its massive Cloud Computing business. Sources say the agency has been asking Software Companies about practices around Amazon Web Services. The unit is one of the backbones of the internet and has a Cloud Computing market share of more than 50 . Its next biggest rival, microsoft, is 16 . Joining us to discuss is an analyst from rbc capital markets, and in washington, the person who helped break the story. Are you surprised regulators seem to be looking at almost every portion of amazons business . I think this is a surprise. Complaints about amazons Retail Business are well known. Independent sellers have for years now been talking about ways they think the company is not treating