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DW Business July 13, 2024

Is in singapore for us and following this story closely. Maybe just explain to us who really needs because. I can guess a lot of these deals that beijing is doing with paris are just side deals in comparison to its problems and deals its trying to strike with the u. S. It may look like a site deal at 1st glance ben but china has smart and up its power playing now with the Us Withdrawing from the paris climate agreement and china reaffirming it actually makes china the lesser of the 2 bet guys what doesnt help the u. S. Image at this moment is todays a report by the United Nations that said that the u. S. Tariffs on chinese goods has hurt both economies and especially hurt American Consumers at the heart of it all so doing business on the environmental front is also quite a tricky one right now and a balancing act tel ....

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BBCNEWS Business Briefing July 14, 2024

We start with amazon, because the Online Retail giant has revealed another set of mind boggling sales figures. Ceo jeff bezos says efforts to make one day delivery the norm for prime customers are paying off with accelerating sales growth. Shares have fallen though as investors were disappointed with how little profit amazon is making on all that business. Lets show you the details. Amazon made revenues of 63. 4 billion in the three months to the end ofjune. That was up 20 on the same period last year. But only around 2. 6 billion of that was profit less than investors were hoping. And its forecasting profit could be lower in the current quarter. Amazon has been spending heavily 800 million in the past three months alone to try and offer one day delivery on more products. Ceo jeff bezos says its now available on 10 million items and that is boosting sales. But amazon is facing growing pressure over its sheer size and power. Its fac ....

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CNBC Street Signs July 14, 2024

Profit streak comes to an end sending shares lower in extended trade. Dont miss our interview with renaults ceo as the french carmaker cuts its fullyear Sales Guidance on a degradation in demand. No clear direction so far in european markets after that key announcement from the ecb about forward guidance, the introduction of quantitative easing down the road and what seems to be an almost certain rate cut in september in terms of the individual markets across europe, though, you can see the four major indices in europe are trading slightly higher. The ftse 100 in london about a fifth of a percent higher. Similar story in germany we have huge amount of earnings going on at the moment the cac 40 is slightly above the flat line. In italy, where weve been hearing from the two deputy Prime Ministers about the future of the economy, you can see the ftse mib is in negative territory ....

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CSPAN3 Senate Banking Hearing On Facebook Digital Currency July 14, 2024

[inaudible conversations] the hearing will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper ....

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CSPAN Senate Banking Hearing On Facebook Digital Currency July 14, 2024

[gavel] this meeting will come to order. Will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white pap ....

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