Jay blowing the speakers up im going to fight until i se the sunlight good monday morning, im jon fortt. Were going to start with two massive deals in tech. They have widespread Global Impact and two block buster deals, or are they deals, that are facing or have faced government pressure from over seas we will start first with tiktok as oracle emerges as you can argue, the winner, the trusted Technology Partner hear in the u. S. , what does that mean . What is included in this deal and what is not . Jul Julia Boorstin has more. They confirmed this morning saying the companys proposal for tiktok was received over the week they reviewed the proposal and look to have technical discussions with oracle over the next few days. Bitedance has chosen oracle as what they call a trusted Technology Partner as part of tiktoks corporate restructuring. What is in the works is not all of tiktoks assets rather oracle is taking a sight ni Minority Stake but oracle would be taking responsibility for priv
We have a show full of chief executives and experts when it comes to treasuries. We will have a conversation with scott f. Thiel shortly. This is what markets are doing. Charts withuple everything from s p to growth versus value stock. Oil is pretty much study. Decline in banks. That is pulling stoxx 600 index down. Crude, i look at it every day because of what we are seeing. Around 32 a barrel in new york day rally. Four we will have market checks every 15 minutes. Lets get to the bloomberg first word news. President trump is hoping reopening the economy will dampen the need for another round of stimulus. That is shared by republican leaders, with Mitch Mcconnell sang the only way out of the crisis is for america to grow again. President trump is predicting a great thirdquarter. Talks have soured with the u. K. Negotiator accusing the eu of offering a low quality deal. David frost says it is unworthy of the fair trade agreement. Michel barnier a says they want to keep the benefits of
This together . Into coh co coherent articlesf impeachment. And Trump Campaign planning to fly a banner outside of the tonight 2020 democrat debate, for all to see, saying that democrat socialist policies will destroy jobs, what the msnbc moderators will likely not ask the democrats, and we have former reagan an economic adviser art laffer on out of control liberal College Campuses two people arrested after his lecture in new yor network new t down. Can colleges allows censorship of free speech . We have more problem with fired fbi official strzok. New information surfacing all of the justice department, indicates that strzok buried Hillary Clinton email probe because of his prohillary and antitrump bias. And is it obstruction of justice . The evening edit starts right now. You are looking at a shot of President Trump boarding air force one, preparing to fly back to washington after touring the apple plant in austin, texas with tim cook. After impeachment hearing on hill today, Preside
As china and america edge towards a deal. Also on the programme this is the man who is billions of dollars poorer after weworks dramatic fall from grace. Well assess how Masayoshi Son got it so wrong. Talking of offices is your workplace up to the job . Well get the inside track on the changing face of the workplace with a boss of a global architectural firm. So today we want to know are you happy with where you work . What are the benefits of your own space or an open plan environment . Let us know your thoughts. Just use the hashtag bbcworklife. A warm welcome to your friday edition of worklife. Today were focusing on the changing face of entertainment. And the force is with walt disney, the house of mouse, which has been expanding its empire and is about to enter the world of streaming. Money coming into disney or revenue was over 19 billion dollars up by more than a third on this time last year. It was boosted by its takeover of 21st century fox which now finally gives it all the r
Global trade tensions, geopolitical uncertainty, its all playing on the minds of the worlds top central bankers this week. The most important, the Us Central Bank. It will tell us later today if it plans to cut the cost of borrowing to shelter its economy from the fallout. This week the Us Federal Reserve, bank of japan and bank of england all tell us the direction of rates. While the European Central bank, which met on tuesday, said its willing to cut rates or launch more stimulus if needed. As tensions rattle the global economy, Central Banks around the world are moving toward looser policy to keep their economic engines chugging along. In australia, russia, india and chile, Central Bank Bosses recently lowered the cost of borrowing. And the us president has hit out at the ecb boss mario draghi, who stressed hes ready to boost the flagging eurozone. Trump said it would weaken the euro against the dollar, unfairly helping european firms. The bbcs Samira Hussain looks at the issues the