Severe consequences. Switch Company Roche will role out rapid test that will provide results in 15 minutes. We speak to the ceo of diagnostics in the next few moments. The swiss market watch dog offers a fresh case over the top scandal. Japans chief cabinet secretary is expected to announce hell join the race to replace Prime Minister shinzo abe. Warm welcome to street signs, we have just finished watching the Deutsche Bank chief who warned that it is not likely well see the economy return to precry si levels this year or next he noted how germany has done a decent job managing the economy through the coronavirus pandemic he did warn the large number of zombie firms to come out and have significant affect on germany. Well bring you all things german banking on that later in the show annette will bring us and plenty more on that topic to discuss. I want to push on what one Health Care Story in focus has come on roche. Rolling out new rapid coronavirus tests by the end of the month. Can
Tiktok parent byte dance as hopes for a partnership with,el can avert u. S. Sanctions soft Bank Shares Jump as they agree to share to nvidia for 14 billion. The Japanese Investment company is looking to go private japans Ruling Party Leadership race setting him up to take over as Prime Minister placing the countrys longest serving premiere shinzo abe. Thanks for joining us. Let me take you to the European Market but we havent got 6,000 points which is very difficult territory in recent months so the dax chasing almost half of a percent and looking solid. Near 5,000 points last week and holding on to that leadership with another. 7 italian stocks also in the green. We saw last week that these markets would try to hold on to some of the gains despite selling on wall street very serious patches of volatility on the u. S. Markets but european stocks did try to put a little bit of distance between themselves and the market action. Lets take a look at the better performing parts of that mark
Abramowicz and tom keene. The first full week for america. We welcome all of you to our simulcast, Bloomberg Radio and bloomberg television. It is merger monday. Across the headline from verizon, they will buy track phones from america mobile for 6. 25 billion. It is like an afterthought this morning when you look at the frenzy to get out there and by revenue. Announced 60 minutes ago, if you have access to these Capital Markets and many people do, they have the money to go do it. Immediate fixed income picture, William Gross will join us at the bottom of the hour. We will get an update from the retired one. I want to talk to him about the financial repression. Lisa, that is a backdrop to everything we talked about. Anybody with yield after inflation is losing. They are falling behind every day. Lisa it is cheaper to borrow money and invest in anything else because it is so cheap to borrow. That is what is driving a lot of the frenzy. There is a question about how far can the financial
Relationship as slackers take time off. Interesting to see just as far as going back to work, we are getting some data out of macys, showing betterthanexpected results. The loss not as bad as people expected. Are your banker friends getting back to work . Paul schools in many new jersey towns are opening again. I dont know about the suits, though. I think work from home is through the end of the year at the very least. Lisa it looks like tom keene and jonathan member and Jonathan Ferro have not gotten the memo with everyone back to work. Very much in focus is jobs. 8 15 or later this morning new york time, we get u. S. August adp employment change. Bloomberg economics saying it will show a modest gain before things start to sour a little bit more. 10 00 a. M. , july factory orders, as well as durable goods orders. Interesting to see if we get any sign of Capital Investment by companies. At 2 00 p. M. , the fed releasing its september beige book, called the beige book because it is usua
We will take a look at the picture at the start of this week in israel and d europe. U. S. President donald trump promises to visit california as it battles the worst wildfires inin the hisistory of the stata. Our reporter t takes us to the town o of paradise, all that butroyed in 2018 all destroyed in 2018 wildfires and surrounded once again. Coming up on the program in business, we will look at the saga surrounding tiktok. Apposofofts bid to buy the has fallen through. First, the embattled president of belarus is to meet Vladimir Putin today as protests calling for his resignation show no sign of abating. Over 100,000 people took to the streets over the weekendnd, marking the start of the sixweek of antigovernment demonstrations. Alexander lukashenko is to meet putin. The embattled belarusian president is hoping to walk away with political backing from moscow. Lukashenko arriving today effectively to ask for clintons support. Putins support. That is a change for lukashenko, who not l