Donald trump orders in and to hong kongs special status well signing legislation to sanction chinese officials. Beijing vows to take strong countermeasures. Earnings season continues. In the united states, Goldman Sachs reports after jp morgan, citigroup, and wells fargo set aside almost 28 billion for bad loans in the Second Quarter. Welcome to the program. Just under an hour away from the start of the cash equity trading day, lets have a look at futures. We do have a lot to talk about when it comes to the Banking Sector and the bad debt story in the u. S. All of that was quite dominant in yesterdays session, but we do have some catch up to play in the europe in europe. Plus, we work in the latest trial data from moderna over in the u. S. That particular vaccine getting some headlines. As a result of that, we see that lifting stocks in asia and futures in europe and the united states. Lets get to some breaking news. Some numbers coming through from burberry. Lets get to those in the f
Before the meeting. We will see what happens. Rosalind protesters keep pushing for concessions in hong kong. The u. K. Parliament takes a stand against a nodeal brexit. Parliament saying clearly we will not take kindly if you try and bypass us. Rosalind ibm and red hat seal one of the biggest tech deals ever. We will help extend their reach into 175 countries. Rosalind close Henry Mcveigh says recession may be coming, but investors should not fear the worst. If i were to quote shakespeare, it is sound and fury signifying nothing. Rosalind it is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin, and this is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a daybyday look at the top headlines. Deutsche bank announced a dramatic overhaul of its Global Operations in the struggling lenders latest attempt at a turnaround. David a banking bombshell. Deutsche ba
Rosalind protesters keep pushing for concessions in hong kong. The u. K. Parliament takes a stand against a nodeal brexit. Parliament saying clearly we will not take kindly if you try and bypass us. Rosalind ibm and red hat seal one of the biggest tech deals ever. We will help extend their reach into 175 countries. Rosalind plus, kkrs henry mcvey says recession may be coming, but investors should not fear the worst. If i were to quote shakespeare, it is sound and fury signifying nothing. Rosalind it is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin, and this is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a daybyday look at the top headlines. Deutsche bank announced a dramatic overhaul of its Global Operations in the struggling lenders latest attempt at a turnaround. David a banking bombshell. Deutsche bank announced a fundamental change in its bu
of a key supreme court ruling. shanghai residents face more covid 19 restrictions as china tries to crush an outbreak. millions have now been locked in their homes for seven weeks we are restricted on the food we can get over the next few days. no commercial deliveries, no group buys just government approved food deliveries. there s also further restrictions on access to the hospitals. and a passenger with no idea how to fly is given instructions to land a plane in florida, after the pilot fell ill. live from our studio in singapore. this is bbc news. it s newsday. hello, and welcome to the programme. ukrainian forces have been retaking a number of towns and villages, pushing russian infantry and artillery back towards the border. the fighting, which has led to a dramatic fall in russian shelling of kharkiv, has been slow and costly but ukrainian forces, say they now have the upper hand. kharkiv is just a0 kilometres from the russian border, and the russians retreat coul
Antitrust case tossed out. We will bring you the details. Scale ai skews as its valuation nearly doubles to a most 14 billion. The ceo joining us later in the hour. There is a macro bit of data we are waiting for the fed minutes coming later in the afternoon and we are basically flat ahead of that. We are still digesting some strong earnings from the tech ecosystem we are up just five points on the nasdaq. Record highs looking at 20 year yield just flat ahead of the auction we have seen bond selling often yields rising. We go back into the green just a moment. Inflation is cooling but its not cooling as much, of pound is higher and the u. S. Dollar as we see the bank of england not being able to cut at the anticipated rate that the market had wanted to see. Lets see whats happening in the world crypto because suddenly we regalvanize ourselves with the latest spot etf this one being an in him related one. For the compliance folks having to get the data and documents ready. We are curren