An additional 30 billion to the economy plan. Last night and took it to the session into europe, it looks as though the Trump Administration is going to take a harder line when it comes to hong kong and we will return to that theme in around half an hour with more insight on what the British Government is trying to do to kickstart the u. K. Economy and we will be joined by steve barker, and that conversation is live at a time in london and 11 30 in new york. Had cash for clunkers in 2009 and i guess you guys have cash for food. Lets take a look at where we is ourting, scarlet fu senior markets editor. The s p is off of its highs, the nasdaq and the nasdaq 100 are at record highs, no surprise that you have the record highs in apple and amazon. What we have been seeing are the european stocks moving, with plenty of demand for safety with gold prices moving about 1800 an ounce. Speaking of, take a look at these names, they are all at record highs and the bigger getting bigger. They have d
600 gaining. A lot of the focus is on earnings and the economic backdrop. 1134. Ollar 1 it has fluctuated but is very arrangedbound. Rangebound. Coming up, the World Economic forum in davos. We bring you all the biggest names in banking. Lets get straight to first word news in new york city. We begin with the new york senate approving Donald Trumps new freetrade agreement with mexico and canada. It handles the president and a major win ahead of impeachment. The overhaul of the agreement was a priority for mr. Trump. Mitch mcconnell called vote a rare moment of bipartisan cooperation. The white house broke the law in withholding aid the ukraine. Accordingting to an independent watchdog, saying the president should not have delayed money. This is a key part of the impeachment case against President Trump. , quoteg with them obsessed with the u. S. Trade deficit. This is according to bill hogan, saying americafirst policies are bringing about a priceless moment for global trade. This came
Expenses. Regulatory and privacy pressures mount. Dar p china spoke on alphabets ceo spoke about this. The momentum has been great. Ever since thomas has come in, he has continued to invest across the board. Focused a lot on operational teams. It is playing out well in this business. To be inortant for you as many situations as possible. Nejra joining us now is bloombergs opinion tech columnist and Marija Veitmane from state street is still with us. Before this release, alphabet shares had hit a record. How concerned are investors going to be about this latest news . People are fundamentally investing for growth. There was a bit of dip in aftermarket trading. The cloud is becoming a very contested space. We saw pretty much the same from amazon last week, that they are also investing to defend their market share. Investing tole is secure their market share. They do Something Like 8 billion per your revenue from the cloud. Amazon doesnt 9 billion per quarter. Doesan see that amazon 9 bil
Fierce. About 90 miles east of daytona is where it sits right now after really devastating the bahamas. David i dont think we still understand the extent of it. It is really tragic what happened in the bahamas. Theres a lot of rain and water coming. The storm surge they are worried about up and down the coast. Alix in the markets we are paying attention to the broader political sphere. 8 10 upres up by by 0. 8 . The cable rate up over 1 . Yields in the u. S. Now up by three basis points. Commodities, buy everything but the u. S. Dollar. Time now for the global exchange. Joining us in hong kong is bloombergs chief north asia correspondent stephen engle. From outside westminster is bloombergs anna edwards, and from new york is bloombergs michael mckee. First we want to start with hong kong, where leader carrie lam announced the government will formerly will formally withdraw the extradition bill. M the government will fully withdraw the bill in order to relay consent. Alix can we say the
This is a pope we seen before who doesnt shy away from talking about the tough stuff. So he is being advised not to use the word rohingya. He is being advised to use the word bengali. Whatever word he uses the word bengali. Whatever word he uses the bridge those local sensitivities, i am uses the bridge those local sensitivities, iam pretty uses the bridge those local sensitivities, i am pretty convinced pope francis is going to talk to Aung San Suu Kyi today about this issue, and put it firmly on the table. It is his style, it is his way. It is his way, and i think he feels he is called to a position to do this kind of thing. He has been very open about that since he became pope francis. But Aung San Suu Kyi will be prepared, she will be ready to say what she is going to say, but it is interesting how the Catholic Community are very nervous about this there. They are in a minority there. It is 1 of the population. The rohingya, bengali population is about 4 , or was 4 of the myanmar p