21 Burst results for "Baxter Bloomberg"
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Defendant takes the stand that whole way thing the in the jury's mind becomes a credibility game how credible do they find him. Bloomberg's June Grosso says Sam Bankman freed faces as much as 20 years in prison on each of the most serious charges will be sentenced in March. Well Nathan Bloomberg's legal reporter Ava Benny Morrison was in the courtroom during verdict the and she continues our team coverage. He was pretty emotionless he was asked to stand up by the judge when the jury delivered its verdict. He faced the jury box and he held his hands in front of him and it looked like he was staring down at the floor as the jury as the full person for the jury confirmed guilty to each of the seven charges. He then sat back down when the jury walked out of the room, he was whispering with his lawyers, he While was nodding a he wasn't very emotional his parents were holding each other and his dad doubled over at one point. Bloomberg legal reporter Ava Benny Morrison reports Bankman's is lawyer considering an appeal. Karen Bloomberg Businessweek investigative reporter Zeke Fox wrote a book on It's his crypto roller coaster and he says Bankman Fried struggled under cross -examination. When his his lawyer. There was questioning him he had a lot to say but when the prosecution had their turn cross to -examine he suddenly didn't remember anything and in one moment that was dramatic I mean especially for me The prosecutor asked him about the statement there was more leeway and he said I don't remember saying anything like that she whipped out a copy of my book Number Go Up and walked it over to him like a hard copy and was like turn to page 224. Bloomberg Businessweek's Zeke Fox adds the conviction is the first in a wave of legal action against crypto companies. Now Now Nathan to the other major trial happening in New York Donald Trump's 250 million dollar civil fraud case the former president's two oldest sons took turns on the witness stand denying any role in preparing their company's financial records after a Donald Trump junior addressed reporters before even having a day in court I'm Apparently guilty of fraud for relying on accountants to do wait for it accounting Donald Trump juniors brother Eric Eric is set to continue testifying today their sister Ivanka will take the stand next week she lost an appeal to delay her testimony we now turn to the war in the Middle East Secretary of State Antony Blinken is back in Tel Aviv we're determined conflict that this not spread and we'll be talking to both the Israeli government partners in the region about what all of us are doing to prevent that from happening. Secretary of State Blinken's talks come as ground operations continue In Gaza, the Hamas -run health ministry says more than 9 ,000 Palestinians have died in the fighting Israel says 17 of its its soldiers have been killed. Well Nathan the house has passed the aid for Israel bill but Bloomberg's Ed Baxter reports it have may have a troubled future this is a victory for House Speaker Mike Johnson but it looks as if it is dead to become law Senate Majority Leader Chuck Schumer has been saying taking funding from IRS enforcement is a bad idea and President Biden is out saying if it were to hit his desk he would not sign it House Speaker Johnson says it will get done. There is absolutely no equivocation here we have to stay Israel. with And Republican Congressman Tom Cole says there are different paths to get the aid. We have a lot of unspent money we ought to use that toward a more important purpose and that's Israel. So the issue is far from settled. Ed Baxter Bloomberg Thanks Ed. Turning to markets, shares of Apple are down about 3%. The world's most valuable company reported its straight sales decline and its morning holiday revenue will be about the same as last year. Angelo Zeno, a senior equity analyst at CFRA Research. It's not the most favorable landscape out there for PCs even though the broader PC appears landscape to have found some sort of footing for the time being. But at the moment the consumer landscape is still very challenging in nature. And CFRA's Angelo Zeno says the results also suggest a acceleration in China. On the economic front, Nathan, a busy week concludes with the October jobs report. a preview We get with Bloomberg's Michael McKee. Which means markets will parse the October jobs report trying to determine what it signals. Is hiring still much stronger than what's needed to absorb an increasing labor force? Have higher interest rates led companies to pull back on hiring or even start letting people go? Are companies still paying up to attract workers? While the Fed will also see the November payrolls report before its next meeting, Powell says it will take several months of data to make any decisions. Michael McKee, Bloomberg Radio. Okay, Mike, thanks. And ahead of all that, S &P futures are down a tenth of one percent, five or points. Dow futures a little changed. They're up seven points. NASDAQ futures are down three -tenths of percent, one the decline of 47 points. The 10 -year Treasury is little changed. The yield on the benchmark 4 .66 percent. The two -year yield, look at that, 4 .99 percent. listening You're to Bloomberg Daybreak. 607 on Wall Street. It is going to get to near 60 degrees this afternoon under a mostly sunny sky. It'll be partly cloudy tonight. We'll get down to near 45. And it's 41 degrees right now in Central Park. Let's bring in Michael Barr to find out what else is happening in New York and around the world. Good morning, Michael. Good morning, Nathan. New York City Mayor Eric Adams ditched House a White meeting on the migrant crisis and flew back to the city. The mayor explaining his abrupt return at an event in Midtown. But you probably heard the reports involving one of my campaign staffers. The staffer is lead fundraiser 25 -year -old Brianna Suggs whose Crown Home was raided by the FBI along with the officers of a Williamsburg construction firm called KSK. It made $14 ,000 in campaign contributions. The investigation is looking into whether the company along with Turkish nationals made improper donations. Adams was supposed to be mayors with the of Chicago and Denver to ask Congress to approve President Biden's request of $1 billion
Bloomberg Surveillance
Fresh update on "baxter bloomberg" discussed on Bloomberg Surveillance
"What are your favorite going sectors into year -end and beyond? Well, look, as yields fall, for I think the near term, at least tech stocks still can hold up well. This is also a period of time after the last hike and before the first cut, that stocks tend to do okay, so I don't necessarily see a huge drawdown unless there's some exogenous shock. But going into 2024, I think that we need, if the bull case comes true, we need some broadening out in the equity market. I am still nervous about a drawdown. I am worried that we're going to get data that cools it too much. So I would be cautious and goals so I would still be looking at things like consumer staples. I think the utilities trade is okay. If you're looking for growth but you don't want that rate sensitivity, I think healthcare is a good place to be and I do think that we a see resurgence in energy stocks because supply will continue to get cut. Interesting final point. Liz, thank you. I'm going to catch up with you as always. Liz Young there of SoFi and this equity market in Stuart Kaiser's corner over a city said of much the same thing. Be careful what you wish for. When the economy starts to slow down, the data goes too far, then he's going the other way, in other the direction. Which is essentially JP Morgan's call and they're going to be pilloried because of how far they're going with exactly the price 4200 target. Nonetheless, the rationale is actually pretty consistent across Wall Street. It's just a matter of how that translates to markets. If you're just joining the program, welcome. I'll get you up to speed on the scores briefly on the S &P. We're negative here by 0 .2%. Now, with the latest news from New York City and around the world, here's Michael Barr. Lisa, John, Secretary of State Antony Blinken is in Dubai today for the COP28 climate talks. Blinken announced the U .S. is among the more than 130 countries signing a new landmark COP resolution that tackles the relationship between what we eat and the changing climate. Earlier, Secretary Blinken was in Tel Aviv when fighting resumed between Israel and Hamas today after a seven -day truce. Bloomberg's Ed Baxter reports Blinken delivered a message to Israel about war conduct going forward. While Blinken says the U .S. stands with Israel, conduct is very important. The way Israel defends itself matters. It's imperative Israel that acts in accordance with international humanitarian law and the laws of war, even when confronting a terrorist group that respects neither. Blinken says the U .S. will help Israel in its effort to eradicate Hamas but civilians should not be paying a heavy price. Ed Baxter, Bloomberg Radio. Meanwhile, a new bombshell report claims Israel had intelligence about the Hamas attack months before October 7th. In a stunning report from the New York Times, Israeli officials say that they had the Hamas battle plan in their hands for more than a year before hundreds of Hamas fighters stormed into Israel and slaughtered more than 1200 people. According to the Times, the Hamas plan was dismissed by the Israelis, who believed it would be too difficult for Hamas to carry it out. Live from the Bloomberg Interactive Brokers Studios. Global news 24 a hours day and whenever you want it. With Bloomberg News Now, I'm Michael Barr. This is Bloomberg. When it got. Wildfires, droughts, wars and floods. There's doubt no that 2023 has been a tough year and the challenges continue. What are the tools we need to build a more resilient future? Find out in the next episode of the risk opportunity, a series brought to you by Bloomberg Media Day. A special episode of Bloomberg Surveillance live from Apollo's headquarters. Join Tom, John and Lisa for exclusive interviews with top leaders in finance, including Mark Rowan and Jim Zellner about the state of private markets, recession risk in the new year and making amid high interest rates. It's all happening December 5th, starting at on Bloomberg. Context changes everything. Mm. Car here that experts said was impossible experts that said would never be made tougher than bullets toe pretty much thing faster than a 9 -11 while towing a 9 -11. So, uh, and delivery spring again now. That's the pitch. Test the CEO Elon Musk speaking of the Cybertruck delivery event in
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"To research and development to advance weapon systems. One thing that is expected to be looked at is new export controls on sensitive technology to China. In San Francisco, I met Baxter Bloomberg daybreak Europe. Away from the markets, one of the most powerful earthquakes to hit the Middle East in years has killed hundreds of people in turkey and Syria and trapped hundreds more. The quake struck before dawn with a magnitude of 7.7 and an app epicenter near the Turkish city of gaziantep, authorities have said 284 people were killed in turkey and 237 in Syria with destruction concentrated in border areas that housed millions of refugees. In corporate news, the boards of Renault and Nissan have signed off on a deal to rebalance their troubled alliance under the agreement the French carmaker will reduce its ownership of Nissan from 43 to 15% the rest of its current shareholding will be put on a trust which will be slowly sold down, representatives from Renault Nissan and its third part to partner Mitsubishi are holding a news conference in London this morning. 100,000 nurses and 10,000 ambulance staff in England are expected to strike today in what's expected to be the biggest walkout in NHS history. Members of the Royal College of nursing at 61 health trusts are taking action, along with GMB members at 7 ambulance services, both unions are demanding pay talks with ministers, saying the government could have prevented the strikes. Those are our top stories this morning coming up next on Bloomberg daybreak, Europe. We'll be talking to roger Lee head of UK equities drastically out in vast deck as we had that record high in the FTSE 100 last week. The omens, though, not great for the UK's blue chip index for the coming months. We'll also be discussing, of course, the continuing market reaction to Friday's U.S. jobs report stay with us for that markets conversation. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest edition of the Bloomberg business week podcast, a conversation with ark investments Kathy wood on Bitcoin, robots, and more. So I think our base case going now is in 5 years, I think roughly 670,000, something like that. And then by 2030, as we see more use cases and more of these insurance policies taken out against this bill and policy regimes are not healthy, we think it could pass a $1 million. Kathy, we don't have a ton of time that I want to make sure to get to a few more of your big ideas in your research for 2023. We've talked about AI. We've talked about crypto. Let's talk about a few more, specifically robotics. What's appealing to you and what's exciting to you, what do you see as investment opportunities for robotics? Well, I think everyone thinks robots have been around forever, and they kind of have, but they've been locked in cages inside auto companies and so what we have now is really the dawn of the age of robotics. It's really going to happen because of battery technology and artificial intelligence. And we're talking about industrial robots. Amazon is adding 1000 robots per day. And by the year 2030, we think they will that Amazon will have more robots than people. Why is this happening? Well, as always with technology, the technology is ready. And even more important, the costs are low enough now. Really, AI battery technology critically important. So we think we're going to see a lot of robots rolling
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"From 30 to 14 hours per week. Mayor Adams went on to say it doesn't make sense for a person making minimum wage to be told they make too much money for city assistance. Federal prosecutors in Manhattan have declined to file criminal charges against Rudy Giuliani over his lobbying activities in Ukraine. Prosecutors had been investigating whether the former New York mayor should have registered as a foreign agent over his lobbying of the Trump administration to house then U.S. ambassador Marie yovanovitch from Ukraine. Giuliani maintained he had done nothing wrong. Tech entrepreneur Brandon Williams has been elected to Congress in a district in central New York becoming the 11th Republican to win a house race this fall, AP finally called it late last night. Williams defeated Democrat Francis canola in the contest to pick a successor to U.S. representative John katko, a Republican who was retiring from office. Doctors in New Mexico are warning of what they are calling the threat of a triple democracy. Bloomberg said max to reports. That is the convergence of the flu RSV and COVID at the same time. Doctor John Peterson is a pediatric specialist in Albuquerque. It's not uncommon for us to have a very significant respiratory viral season for children. What's different about this is that it's occurring very early. Peterson says hospitals nationwide are already seeing a large number of cases in infants with RSV and fear a very serious season overall. In San Francisco, I'm Ed Baxter Bloomberg day break. President Joe Biden and Indonesian president joko widodo will announce a climate finance deal providing $20 billion to help Indonesia pivot away from coal power. The deal brokered between the U.S. Indonesia and Japan came on the sidelines of the G 20 summit in valley. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than a 120 countries. Michael Barr, this is Bloomberg, Nathan. Thank you, Michael
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Was afraid of disrupting oil shipments but now that the G 7 is approved cutting those shipments it decided to go ahead In San Francisco I'm at Baxter Bloomberg daybreak Europe Elsewhere the UK has unveiled further trade measures including import towers on Russians platform platinum and palladium And now in other news in the UK the Northern Ireland secretary is set to meet the leaders of the region's political parties today to encourage them to restore government after last week's election A nationalist party came top of the poll for the very first time marking a significant shift in the region's balance of power Sinn Fein whose ultimate goal is to unite Northern Ireland with the Republic of Ireland intends to nominate its northern leader as the region's first minister and Hong Kong's incoming chief executive John Lee has vowed to strengthen national security and speed up integration with Mainland China Bloomberg's Brian Curtis has more Lee was the sole candidate just after his victory He said the new job calls for accountability to both Beijing and Hong Kong people It's the first time ever for only one candidate in the selection process Lee comes from the police and security bureau He's known for helping crack down in Hong Kong demonstrators and implementing a national security law That law has resulted in the arrest of some 182 people and the closing of at least a dozen news organizations Brian Curtis Bloomberg daybreak hero Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries and the anger and this is Bloomberg.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Has been guaranteed good morning Leon Caroline good morning and thank you and let's start with a war in Ukraine which is escalating and the road to congressional approval for U.S. president Joe Biden's $33 billion relief bill for the country may not be easy Bloomberg's Ed Baxter has that story The Ukraine part has broad support across Congress but it risks getting snarled in his ask for COVID funding and immigration The Senate could vote on the emergency spending next week but the house will be on recess So Congress could finish by the week of May 9 and send it to the president but if Democrats insist on attaching long stalled funding for vaccinations and immigration costs it could be delayed indefinitely Biden did urge Democrats to pass them together In San Francisco I met Baxter Bloomberg daybreak Europe Now the mayor of Kyiv says authorities still can not guarantee safety to residents hoping to return after Russian forces pulled back from the outskirts of Ukraine's capital Vitali Klitschko has told Bloomberg TV the exodus of businesses and people has already caused a hit of at least a $1 billion to the city's budget We can't guarantee the safety in capital just a week ago The Russian record in buildings in our hometown and 5 civilians is dead Meanwhile several Russian strikes have hit key as a UN secretary general Antonio Guterres is in the city for talks with president Vladimir zelensky and a British national has been killed in Ukraine in a second person is missing Scott silby was believed to be fighting with Ukrainian forces in either Mario pole or elsewhere in the Donbass In earnings news Apple grew faster than expected last quarter generating record sales of a non holiday period sales and profit topped estimates fueled by strong demand for the iPhone and digital services where the company announcing $90 billion in new stock buybacks but the tech giant is warning supply constraints especially chip shortages could cost it four to $8 billion in revenue during the current quarter And Elon Musk is said to have floated the idea of cutting costs and jobs at Twitter in his talks with banks to leave over the social media giant Bloomberg understands he discussed ideas to monetize a platform in boost cash flow including potential subscription services Meanwhile filings show the Tesla's CEO sold about $4 billion worth of shares in the electric carmaker since announcing his deal to buy a Twitter Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in will then 120 countries I'm Leanne gerrans this is Bloomberg And I'm actually staying with you all and that is to interview One of my colleagues Sarah rap and she's going to be speaking about the iconic Camden venue coco which is reopening today after three years of closures and a 70 million pound revamp and she has been speaking to the CEO that's Ollie Ben go Sarah it's Friday night It's a bank holiday on Monday Do you know what I'm getting at It's Friday night Entertainment is back Yeah And you know this is such an iconic venue I remember going here 15 years ago I absolutely love live music It was just something that was so exciting So tell us about the redevelopment of the venue in what it means Yes after a fire flooding in the pandemic coco is opening its doors again tonight And this is an iconic theater as you said yet people like Amy Winehouse performing the libertines Prince did his last show there in 2015 And it was historic as well Charlie Chaplin used to do shows there when it was a Victorian theater and not maybe the known for gigs as it is now But they poured so much money into the 70 million pounds Over three years of development and they had a lot of problems along the way the iconic dome caught fire in 2020 and took 60 firefighters and cabin to put it out And that set things back a little bit and then there was the pandemic When you obviously can't have gigs in live music during the London lockdowns But it's back tonight and arcade fire is reopening the doors It's sold out but there's going to be a thousand shows a year so if you can't get in tonight you can get in some other time Well I'll definitely want to get in I've not even heard of arcade fire I feel like since the last 15 years I've definitely got all the touch It'll be a nice night No absolutely But what else is new So I know that you went to see the venue so what else is can we expect And what is the CEO saying It's been in the upscale revamp as well so you have the original theater which with English heritage it looks the same and to keep those historical aspects of it But they've added four stories onto the building For a members club called House of cocoa a little bit like a solo house type venue We have to apply But music lovers are going to find this amazing because we can get early access You can go down secret staircases to watch gigs from a different standpoint They have a vinyl listening room that looks like a Victorian train carriage They have a special jazz spaces to listen to like secret performances So you can see an artist on stage and then see them in a smaller venue as well If you're a member now So I love this story I love your reporting on it You've got beautiful photographs of it on the Bloomberg terminal I mean this speaks to and the reason I like this story is kind of London regeneration This is my stomping ground has to be said I'm any few minutes down the road from coca No really well So I've seen the hoarding up there for years and now it's all going to be revealed And I also think as you say it's really interesting in terms of London's iconic buildings that are being revamped from the inside out and Camden is just a classic for that that you see the facades of the buildings and behind all is modern So I guess COVID's over for London I mean we're going into a cost of living crisis where people come and pay the money I think they're sure hoping that Caroline like you said in Camden it's an iconic building I know you spoke to the architects in November when they were still working on the building And they said everyone who has come to London who loves live music knows the venue And I think they're hoping that people will be back and willing to go out and enjoy time to gather in person again The communal experience the CEO says unique communal in person entertainment But there's also a streaming spaces as well because all modern artists want to connect with their fans who can't be with them in person Bloomberg Sarah rapp thank you so much for joining us this morning and bringing us all the latest on the revamped cocoa which is due to open tonight and arcade fire will become the first band in three years to play a show at London's historic venue which is of course Caroline's local and old stomping crowd So we might all have to go there together girls Tom McKenzie There we go Yes because we can't be well privileged thank you Yeah they're a little slightly lighter That's wonder there Yes You have to come Actually my local is really the roundhouse if you know The ram house is fantastic Beautiful Theater and live event space and it is Anyway Sarah is great stuff Love the piece on the terminal Thanks so much for that Yeah that's lightened by mood then this Friday On which note let's turn to that cost of living crisis that I mentioned in the UK that is worsening The latest survey this morning from Lloyd's banking group highlighting that almost 6 in ten companies are expecting that they'll have to raise prices as costs and wages go up It's a problem for the government too under pressure to help more We spoke to the conservative MP Simon hall on Bloomberg Westminster and asked him whether he thinks that the government is now on the back foot on this cost of living and cost of energy concern I think we've been slow to it I think that is true But that doesn't necessarily mean that future progress has to be slow I mean I think you're right.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"In bucha is not the random act of a rogue unit It's a deliberate campaign to kill the torture to rape To commit atrocities And blinken says it will all be documented and reported in San Francisco I met Baxter Bloomberg daybreak Europe Meanwhile in a virtual speech she called the task of reducing inflation pressures paramount for the fed brainard didn't say whether she supports a half a point hiking may but said she's open to stronger action if that is needed And COVID cases in England last month reached their highest since the pandemic began the increase was driven by a more transmissible omicron sub variant and waning immunity among older adults Imperial college in London's Paul Elliott says although they are not seeing a significant rise in hospital admissions we should be prepared for those numbers to increase There is a worry that with very very large numbers of older people who are more vulnerable and more likely to go to hospital with the very high infection rates that we're seeing in that group that some of that might spill over into more serious illness The highest rates of infection were in primary school age children and those over 55 years old Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in 120 countries I'm leann gerrans this is Bloomberg Caroline Thank you so much With our top stories yes COVID cases in the UK really rampant And now of course under primary school a student can be vaccinated So that's the next leg in terms of the story of vaccinating young children in Britain Thanks so much Leigh Anne garnes with our top stories Also you were mentioning the U.S. EU G 7 are coordinating more sanctions against Russia and as they do that A direct meeting now between Vladimir Putin and Ukraine's vlogmas zelensky is looking increasingly difficult That was the word used by the Ukrainian president's deputy chief of staff illegal who was speaking to Bloomberg's Maria todayo Now she asked him whether the atrocities in butcher now jeopardise the chances really of any ceasefire between Ukraine and Russia and how Ukraine's government is going to respond All the world has seen this act of brutality acts of violence genocides against Ukrainian people not only in bush by the way but in some neighboring cities like the cities of urbino costume and in borogan The world has changed I think There will never tolerate what Russian R forces commanded by Russian politicians did in Ukraine They simply hate Ukrainians and they want those Ukrainians as well as Ukrainian cities to be devastated to be wiped out from the ground from the world Which will never happen So now current currently the main task for all the international community is to bring those responsible for these atrocities to immediate international justice That's why my president has already announced the creation of special task force in Ukraine who will be dealing in already dealing with fixing those are war crimes bringing them to relevant institutions and supervising the process of bringing those responsible to justice This regard we need to support the international community and we already turn to our partners worldwide to help us with the relevant experts with the analytics experience with our own people lawyers human rights protectors who know how to deal with this such cases because yes it is not the worst the first four in the world which has the atrocities of that kind But this is probably the hardest The most difficult atrocities in the 21st century in the middle of Europe near the capital of Ukraine and definitely those who are responsible for those animals those these should be brought to punishment and justice And of course you say that the Russia based on what you just told me this is Russia that hates everything that is Ukraine and everything that Ukraine stands for you yourself you say these people are animals So I wonder at this point is there even a diplomatic way forward because I can imagine that at this point is very difficult to sit on a table with the Russian counterparts and talk about a diplomatic solution to this Can you still have these talks When my brother was asked about this his reaction was you know it's really hard to speak after that atrocities with any Russia official political representative You have to understand that another possible unfortunate examples of atrocities can be revealed later when we start to liberate some cities we just see besieged but my president told that we have to continue these diplomatic talks Ukrainian delegation has to talk with the Russian official representative Because we want to bring peace to my country Secondly we want to establish conditions when those atrocities and those barbaric acts when those aggression should never happen neither against Ukraine Nor against any other European country So that was the Ukrainian president's deputy chief of staff Speaking to Bloomberg's Maria tadeo on the somber situation of course we have seen Vladimir zelensky speaking to the UN in terms of the newspaper headlines here in the UK a lot of them picking up on the Ukraine president's address Saying that the UN should stop Vladimir Putin that's the lead of the telegraph and if the UN can't it should dissolve itself Meanwhile The Guardian leads with the renewed demands for Russian leaders to face a war crimes tribunal There are other headlines though in the newspapers this morning quite a few different stories making it onto the front pages including the channel for the sell off of channel four the idea that that deal may have to be sweetened has been a real backlash against the idea of privatizing that public sector broadcaster here in the UK so they could be quite a lot of political competition hurdles for that Also they're making newspaper headlines this morning The COVID case jump that Leon gorons was talking about Leon you're here in the studio I thought I'd mention this There is a real worry now given that the march numbers were so high particularly for those aged over 55 and younger children that we don't have COVID testing for free at the moment in the UK I mean the idea that that could be reversed the bill for.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Good morning Caroline good morning and thank you as a war in Ukraine continues U.S. president Joe Biden is calling for Russia's removal from the G 20 Bloomberg's Ed Baxter has that story President Biden answered the direct question of whether Russia should be removed My answer is yes Depends on the G 20 I read question of whether Russia should be removed My answer is yes Depends on the G 20 I that was raised today And I raised the possibility if that can't be done If Indonesia and others do not agree then Ukraine should be invited there to witness the proceedings Biden also said if Russia uses either chemical or nuclear weapons a response should be in direct retaliation and says that military supplies are going into Ukraine on a continuing basis In San Francisco I'm at Baxter Bloomberg daybreak Europe That was at Baxter there now in other news we're going to have a look at what's happening right here in the UK Consumer confidence is plummeted for a fourth month to its lowest since November 2020 as inflation does begin to bite Bloomberg's Hannah George has more on those very details The surging cost of living and war in Ukraine is weighing on sentiment in Britain JFK's monthly consumer confidence index dropped 5 points in March to -31 matching a level last hit when coronavirus cases were rising JFK says people's confidence in their personal financial situation and the wider economy is severely depressed That's as inflation is rising at its fastest pace in three decades driving up the cost of food and fuel and swallowing gentle increases to pay The figures may fan criticism that the Chancellor Rishi sunak isn't doing enough to help those struggling with soaring prices In London I'm Hannah George Bloomberg daybreak Europe Now Roman Abramovich's private jet was spotted in Dubai as a sanction free city does attract wealthy Russians who are facing restrictions Bloomberg's Sylvia calamari reports While the Russian billionaires were about unknown Roman Abramovich is said to be house hunting in Dubai Abramovich has been sanctioned by the UK and EU but not by the UAE The gulf state has taken a careful political position aimed at maintaining its ties with Russia demand from Russians for Dubai properties up 40% in March compared with February according to the Russian newspaper commerce and the outrage over Putin's actions is drawing and wanted attention to the UAE's international money flows in London I'm Sylvia climate Bloomberg daybreak Europe And the bedding wall for Chelsea does continue Bloomberg understands that at least three groups of mainly American investors have made it through to what is expected to be the short list so they include a consortium led by billionaire Todd boley another by Apollo group management and a third by the ricketts family Now they're the owners of the Chicago Cubs who have teamed up with the Citadel boss Ken Griffin numerous bids have been submitted after sanctions were imposed on Russian owner Roman Abramovich following the invasion of Ukraine Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in war than 120 countries I'm leann gerrans this is Bloomberg Caroline Thank you so much Hank goes with our top stories So yes the battle to buy Chelsea F.C. Europe's richest football division is heating up football club Bloomberg understands three groups mainly of American investors are on that short list but of course it's about more than money the government has to sign off on this too Joining us now is professor Simon Chadwick who is director of the center for Eurasian sports Simon good to have you on I mean you've got deep knowledge about the business of sports So just for the record the money how much do you think it could sell for before we get on to the issue of who signs off for it in the UK government Obviously this is to a certain extent This is a little bit a little bit of a fire sale And so there was an initial speculation that the sum of money that Chelsea would go for would be relatively low but the speculation is intensified over recent weeks and at one stage there were even reports of there being over 200 expressions of interest We're clearly down to a much smaller number than that but this speculation that potentially this could be the most expensive or the most valuable football club sale ever And figures of over 3 billion pounds have been have been reported I think clearly what we fairly healthy interest from the United States and there's a crucial detail in all of this which is that The Rain group the intermediary that is managing the sale of Chelsea their continuing to consult with or to talk with the existing senior management team at Chelsea sub Bruce book a U.S. lawyer and Marina granovskaia who was a Roman Abramovich ramovic right hand woman and it seems that whatever is happening and whoever is involved they're driving a pretty hard bargain and the price that Chelsea will go for I think will be considerably more than was initially suggested So Simon where does that money go And I guess if the numbers are getting out towards 3 billion that rules out John Terry's attempt or any form of supporter led even if it's arsenal Supporters buying it to close it down But I mean what is the likelihood of someone other than a very very wealthy U.S. conglomerate buying it in any realistic terms now I think it's looking increasingly likely that it will be a U.S. acquisition There was some reported interest from Saudi Arabia that potentially could have been highly lucrative but it would also have raised some important issues around ownership and directorship because there was clear evidence of connections between people involved in that Saudi Arabian bid and the existing owners at Newcastle United which under Premier League ownership rules would have created some issues My feeling is that the British government is sitting behind their maybe not visibly and maybe not being heard or seen to be doing things but the last thing the British government needs right now is for the political temperature to be turned upon this deal already because of Abramovich and Russia It's a very very sensitive issue And so for the likes of a Saudi Arabian investor to get involved particularly if there are concerns about connections to what's happening at Newcastle United that is something the government just does not want So I suspect that there will be an instrument.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"We're just about four hours away from the open of U.S. trading Let's get you up to date in the news you need to know what this shower the situation in Ukraine remains front and center this morning President Biden says it's not verified that Russia's pulled troops back from the border with Ukraine and Bloomberg's at Baxter has the story President Biden says so far intelligence is not showing it And the fact remains right now Russia has more than a 150,000 troops and circling Ukraine and Belarus and along Ukraine's border and invasion remains distinctly possible Biden says if that happens Russia will be held responsible globally for death and destruction He says sanction packages are in place and that the overriding issue that governments have is the right to plot their own destinies In San Francisco I'm at Baxter Bloomberg daybreak Okay Ed thank you Meantime there's a standoff on Capitol Hill over President Biden's 5 Federal Reserve nominees Republicans on the Senate banking committee have questions about one of them Sarah bloom Raskin and her role on the board of a FinTech company Raskin is President Biden's choice for fed vice chair for supervision While Nathan this afternoon the fed releases minutes of January's meeting on monetary policy We get the story from Bloomberg's Vidal giudice Bloomberg The minutes could reveal whether the fed has an appetite for a half point march rate increase the bad inflation such sentiment could explain hawkish comments by fed chair Jerome Powell following January's policy meeting Recent speeches by fed officials have also been hawkish in signal central bankers are open to aggressive action with inflation running at the fastest pace since the early 1980s The fed's March meeting is set for the 15th and 16th If any doubt you dice Bloomberg daybreak Okay Vinny thanks in the UK inflation unexpectedly accelerated for the fourth month in a row annual price growth in January rose to 5 and a half percent a new 30 year high And Nathan on the earnings front shares of Airbnb at more than 3% in early trading the San Francisco based travel company beating revenue and profit estimates in the fourth quarter Futures this morning are moving lower S&P futures down 11 points now down futures down 92 NASDAQ futures down 26 the Dax in Germany is down a tenth of a percent Ten year treasury up two 30 seconds the Yale two O 3% and the yield on the two year 1.55% Straight ahead your latest local headlines plus a check of sports and this is Bloomberg Thanks Kron 5 33 on Wall Street 30° in Central Park sunrise highways closed in Rockville center in John Tucker's here with more on what's going on in New York and around the world John Nathan another.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Games Yeah Tom good morning and thank you The Federal Reserve says get ready for higher interest rates The Central Bank is leaving things for now but chair Jerome Powell says it will hike soon and then shrink its bond holdings We'll make a decision whether to raise the federal funds rate I would say that the committee is of a mind to raise the federal funds rate at the March meeting assuming that conditions are appropriate for doing so The next meeting is in mid March the fed's benchmark rate has been near zero since the pandemic erupted in 2020 Now a flurry of meetings regarding Russia and Ukraine appear to have made some progress Bloomberg's Baxter has his story NATO secretary general John Stoltenberg is urging a direct meeting with Russia We are prepared to listen to Russia's concerns Real conversation on how to uphold and strengthen the fundamental principles of European security that we have all signed up to As well in Paris direct meetings with high level diplomats from Ukraine and Russia both saying marginal improvement have set up another meeting in two weeks in Berlin and the U.S. has delivered a letter to Russia with proposals to end the standoff In San Francisco I'm at Baxter Bloomberg daybreak era And in earnings news Tesla has beat but warned of chip shortages the story from Bloomberg's Charlie pellet Tesla had fourth quarter profit that beat Wall Street estimates in fact et cetera for the electric carmaker but supply chain troubles will limit production into 2022 The automaker reported revenue grew 65% to $17.7 billion compared with estimates of 16.6 billion The company delivered more than 936,000 vehicles worldwide in 2021 up 87% from the year before and above the 50% average annual expansion projected over the course of several years In New York Charlie pellet Bloomberg daybreak Europe And it sent here in the UK Boris Johnson is batting away labor calls to resign as he awaits a key report into lockdown breaking parties The prime minister told the House of Commons he could not comment on the matter while it's still under investigation and says he's getting on with the job We've taken the top.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Dramatic dissents in Silicon Valley history She could face 20 years that her sentencing which will take place in a few weeks She remains free on bond In San Francisco I'm at Baxter Bloomberg daybreak Europe Onto oil and OPEC and its allies may boost production again when they meet today Bloomberg Simone foxman has the preview OPEC plus delegates say the groups on track to ratify another modest output revival of 400,000 barrels a day restoring supplies shuttered during the pandemic The decision would come after the group's analysts cut estimates for the surplus expected in the first quarter They see a surplus of 1.4 million barrels a day in the first three months of 2022 about 25% smaller than what they estimated a month ago OPEC plus were started about two thirds of the production It halted in 2020 And it's seeking to drip feed the remainder to avoid sending the oil market into a new slump In Doha I'm Simone foxman Bloomberg daybreak Europe China's factory activity expanded in December as production and sales picked up Bloomberg's world's Lincoln has the details China's Tyson manufacturing PMI rose to 50.9 last month from November's 49.9 topping expectations for a smaller rise to 50 Output rose at the fastest pace in the past year supported by improved market conditions and stronger customer demand while inflation eased but employment fell for the 5th month in a row The job market was still under pressure and businesses were less optimistic indicating unstable economic recovery In Hong Kong and Rosalind Chen Bloomberg daybreak Europe Now the United Arab Emirates is at increased risk of being placed on a global regulator's watch list over dirty money The list covers countries subject to more oversight for shortcomings in combating money laundering and terrorist financing even after a recent government pushed to stamp out illicit transactions in the UAE Bloomberg understands the financial action task force that compiles this list is leaning towards adding the UAE to its so called gray list early this year On to corporate news flow and Apple stock market value briefly rose above the $3 trillion Mark yesterday shattering another record The story from Bloomberg's Charlie pellet The company is the first to achieve that milestone although it failed to hold above the level through the end of the trading day it closed two and a half percent higher at one 82 O one with a market capitalization of $2.99 trillion The iPhone maker's share price has climbed steadily for years leaving it up more than 200% since COVID first sent the world into lockdown in early 2000 and underlying the centrality of technology for work education entertainment and keeping connected In New York Charlie pellet Bloomberg daybreak Europe Now let's get the latest in global news flow Here's Bloomberg's Leanne guerin's happy new year Happy new year Anna nice to see you in 2022 Now let's start with some grim news out of the U.S. which has set a global daily record of over 1 million coronavirus cases today The tally was almost double the previous record set just days ago Health officials are hopeful that deaths will not rise as much as infections Now prince Andre's lawyers will present arguments to a U.S. judge later asking for a civil case against him to be thrown out Bloomberg you and pulse has those details The newly released documents show the woman suing Prince Andrew's sexual assault took a half $1 million payment in a confidential 2009 settlement with Jeffrey Epstein According to the paper's Virginia agreed not to sue anybody connected to Epstein who could be described as a potential defendant The Duke of York's legal team says that means her lawsuit is barred Due phrase lawyer says it's irrelevant The prince denies allegations of sexual assault In London I'm your import spring break day break Europe Here in the UK Boris Johnson is warning the house service will remain under strain for weeks amid the current search in cases but the government is insisting there is no data suggesting further restrictions are necessary in England The prime minister says he amaran variant seems to cause milder symptoms but we must not get carried away about that Looking at the pressures on the NHS in the next couple of weeks looking at the numbers of people who are going to be going into hospital It will be absolute folly to say that this thing is all over now by the shouting Meanwhile multiple hospitals have declared critical incidences amid warnings the NHS is in a state of crisis in the face of.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"For the latest world news good morning Good morning Carolina thank you In the U.S. the house has passed a bill targeting China over alleged human rights abuses Bloomberg's at Baxter has the story The bill to punish China over Uyghur oppression This goes further than what's already in place It will put sanctions on all goods that come from the Xinjiang region which has large manufacturing capabilities It also would require Homeland Security to create a list of entities collaborating with the Chinese government in the repression It now goes to the Senate China is expected to react very strongly In San Francisco I'm at Baxter Bloomberg daybreak Europe And the Financial Times reports that the U.S. will blacklist sense time on an investment just on the day that it's set to price its Hong Kong IPO over Xinjiang In a Hong Kong a court handed media tycoon Jimmy lie another guilty ruling He was convicted for his role in a vigil last year for victims of the Tiananmen Square crackdown He pleaded not guilty The founder of the pro democracy Apple daily newspaper this is 7 years in prison for the charge He's already serving 20 months in jail for his role in anti government protests President Joe Biden said the U.S. and some of its NATO allies are planning a meeting with Russia aimed at deescalating tensions over Ukraine The move comes after Biden says he threatened president Vladimir Putin with consequences should Russia invade Ukraine.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Latest in world peace Caroline good morning and thank you the European Union's preparing to unveil a global gateway program to challenge China's Bloomberg's Ewan Potts explains of block is seeking to raise billions Apologies we don't appear to have that sound at the moment Now Germany's incoming Chancellor has indicated his support for making COVID-19 vaccinations compulsory Olaf Schultz called for a parliamentary vote on the measure before the end of the year saying he would allow lawmakers to make the decision a mandate would be a major step forward for the new administration as it seeks to increase Germany's relatively low vaccination rate of less than 70% Now over in the U.S. The White House plans to tighten travel rules in reaction to the potential oh Macron threat Bloomberg's head Baxter has more The first step is increased testing All air travelers to the U.S. to be tested within a day of their departure regardless of vaccination status This is reported to be on top of the travel restrictions that have barn arrivals from foreign nationals who have been in any of 8 South African nations in the past 14 days President Joe Biden is slated to announce the new requirements in a speech tomorrow In San Francisco I met Baxter Bloomberg daybreak Europe And foreign ministers from the security alliance NATO while meeting for a two day meeting in the Latvian capital Riga today Bloomberg's Aaron eglitis says this is.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Travel restrictions laid down over the weekend the UK introducing mandatory PCR tests for all arriving passengers and saying they must self isolate until receiving a negative result Israel closed to all inbound foreign nationals for 14 days while the Philippines has travelers from European countries including Switzerland and the Netherlands will not be welcome for several weeks Spain and Switzerland then slap restrictions on arrivals from the UK Now this of course impacts business travel and a huge way as the uncertainty continues In San Francisco I met Baxter Bloomberg daybreak Europe Meanwhile oil has rebounded after a dramatic 13% plunge on Friday the most in a year OPEC and its allies delayed two technical meetings this week to assess the damage but the main meeting will go ahead as planned OPEC plus is increasingly inclined to ditch their plan to raise output next week Bloomberg susannah Palmer has a look We're hearing from delegates who don't want to be identified that the 23 nation alliance led by Saudi Arabia is leading toward abandoning a plan for a modest production hike set for January Its next meeting is this Wednesday and Thursday The group was already considering a pause after the U.S. and other consumers announced the release of emergency oil stockpiles last Monday The group now worries that the emergence of the coronavirus variant could mean renewed shutdowns and travel restrictions Susanna Palmer Bloomberg daybreak Europe And in top corporate news this morning Nissan will invest almost $18 billion over the next 5 years.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Karen chase From the Bloomberg newsroom U.S. stock markets are closed today for the Thanksgiving Day holiday but will reopen tomorrow for an abbreviated session Overseas markets have been trading today and most posted gains on good economic news from the U.S. The footsie in London closed up 24 points about a third of a percent of its value the cac in Paris gained 34 points The Dax in Germany added 40 points Stocks in the U.S. had a down day yesterday even after positive job market and personal spending numbers were released The fed later released the minutes from their last meeting expressing the need to be flexible in the timing of their tapering of economic boost to programs to support the economy through the pandemic suggesting they're open to higher interest rates sooner and an inflation gauge showed high rates Investors felt uneasy the Dow closed down 9 the NASDAQ was up 70 and the S&P up 11 U.S. stock futures are in the green at this hour Pfizer says a soon to be former employee has spilled company vaccine secrets to competitors Bloomberg's and Baxter tells us an investigation is ongoing Pfizer alleges as soon to be former employees stole thousands of files including trade secrets related to its COVID-19 vaccine Pfizer is seeking a temporary restraining order that would keep sherry leave from it using disclosing or sharing any information she possesses It also charges she provided a decoy laptop when confronted about the downloads Pfizer says it takes this very seriously saying privacy is essential to innovation In San Francisco I'm at Baxter Bloomberg radio Apartment rents are soaring all across the U.S. the biggest increase has been in the Miami area jumping 36% higher in October close behind the New York City area including parts of Westchester county and northern New Jersey which saw a 31% gain in rents according to Redfin Global news 24 hours a day On air and on Bloomberg quick take Powered by more than 2700 journalists and analysts in more than 120 countries I'm Karen chase.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Here with global news flow easily as younger And a good morning and thank you The U.S. and China have surprisingly agreed to work together on climate change Bloomberg's Ed Baxter reports This comes as a bit of a surprise as the two have been trading body blows on everything they could get their hands on and China has been bucking coal goals but the statement has the two agreeing to boost their efforts to cut emissions including tackling methane and illegal deforestation U.S. climate czar John Kerry acknowledging differences but on climate cooperation is the only way to get this job done They are scheduled to form a working group that will meet regularly through the decade with the first meeting to be scheduled The first half of next year In San Francisco I'm a Baxter Bloomberg daybreak Europe Meanwhile Boris Johnson is hitting back at mounting sleeve's allegations in golfing his government Yesterday the prime minister's cop 26 speech was overshadowed by the growing crisis He's been facing questions after a senior conservative was found to have been voting from the Caribbean according to the daily mail newspaper Jeffrey Cox has earned more than 5.5 million pounds from his work as a lawyer while he was an MP Cox insists he has done nothing wrong Now Russia's president has brushed off a request by German Chancellor Angela Merkel to influence ally Belarus which is channeling thousands of migrants to the border with the EU member Poland commission president speaking outside The White House said the regime in Minsk is orchestrating a hybrid attack on the EU This is not a bilateral.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"These headwinds in blueberries Good morning Good morning Caroline Boris Johnson's sudden U turn over Owen Paterson is riling some of his backbenchers who we're told resent being forced into a plan they knew was unpopular Patterson resigned after the government backtracked on its vote to block his suspension and overhaul the MP's standards watchdog commons leader Jacob riis mock hinted at why Last night's boat has created a certain amount of controversy It is important that standards in this house are down on a cross party basis Labor will put up a candidate for the by election after opposition parties discussed an independent anti sleaze candidate In the U.S. the house plans to vote today on president Joe Biden's $1.75 trillion economic package and a separate infrastructure Bill The vote follows months of intra party tension and last minute negotiations by speaker Nancy Pelosi approval of the infrastructure measure which already passed by the Senate will send it directly to Biden's desk Also in the U.S. the Justice Department has filed a lawsuit against Texas regarding voting rights Bloomberg's Ed Baxter has the story Justice says they are restrictive This is the legislation passed in September the DOJ says a legislation improperly prevents voters from getting assistance when they have basic questions or need help with things like translations Assistant attorney general Kristen Clark said in a statement restrictions on which absentee ballots can be accepted are unlawful and also indefensible Texas governor Greg Abbott said the legislation helps ensure confidence in elections In San Francisco I'm at Baxter Bloomberg daybreak here up And in the post Brexit fishing spat France has praised the latest round of talks with UK Brexit minister David Frost Paris says the size are keeping dialog and options open but a solution over fishing licenses has yet to be found talks will continue next week Global news 24 hours a day on air and Don Bloomberg quick take power by more than 2700 journalists and analysts in more than a 120 countries I am a George This is Bloomberg Anna Hannah thank you very much for that Now still ahead on Bloomberg daybreak here at time to check the toolbox the U.S. might need to tap its emergency oil stocks after the OPEC plus decision fell short of its supply requests We'll have the full story for you OPEC deciding.
Bloomberg Radio New York
"baxter bloomberg" Discussed on Bloomberg Radio New York
"Were in the streets again today in Yangon, large crowds demanding the release of ousted leader on son Souci, who is reportedly under house arrest after being detained during last week's military takeover. American volunteer Laura Kay, who was serving their told ABC How she saw many of the protesters laying red roses at the feet of the riot police. Their argument was not with the police officers. Their argument is not with their neighbors who just happened to be. Serving as police because a week ago these people were just residents. Last week's coup drew a sharp rebuke from World leaders. President Joe Biden says his administration hopes to offer a plan to increase in person school openings this week. Bloomberg's Ed Baxter as the story President Biden says he want schools to reopen as soon as they can do it safely. Our CDC commissioner was going to be coming out with science based judgment within, I think as early as Wednesday as the land what the minimum requirements are. Meanwhile, Chicago's reached an agreement between teachers and unions to reopen in San Francisco. I'm Ed Baxter Bloomberg Daybreak. George Shultz, who oversaw the coupling of the U. S. Dollar from the gold standard in the early 19 seventies and was Ronald Reagan's secretary of state. Has died. Phil Todman was shelters biographer. Well, I think they're number of factors that the world could benefit from that George embodied one of them. Was kind of don ideological outlook on the world. George Shultz was 100 Global News 24 hours a day on air and on Bloomberg Quick tank powered by more than 2700, journalists and analysts and more than 120 countries, Michael Barr, and this is Bloomberg. Nathan. All right, Michael. Thanks just about 6 36 on Wall.
Bloomberg Daybreak
Kim Jong Un has Xi Jinping's support for 2nd Trump summit
"President Trump and Kim Jong Hoon. Bloomberg's Ed Baxter has the story. A flurry of activity came at the conclusion of the meetings between China's president Xi Jinping and North Korean leader, Kim Jong UN state media on both sides pushing out stories at both support. Another Trump Kim summit then South Korean president moon. Jae-in said, it would take place soon, and that it would be a turning point for peace. He is also suggesting the US sanctions. So that the two Koreas can start joint economic projects in San Francisco. I'm Ed Baxter. Bloomberg daybreak.
Bloomberg Daybreak
Bloomberg, White House and Arosa discussed on Bloomberg Daybreak
"Here's a buyer or bear if. You prefer are down more than ten percent it's US Monsanto unit was hit with almost three hundred million dollars in damages in the. First trial over claims that. Roundup weed killer causes
Bloomberg Daybreak
China Stocks fall as the yuan continues to weaken
"Nathan and it is a big week for central banks with policymakers in the United States Japan the United Kingdom Brazil and India all set to me Bloomberg's John Tucker is. Here live with details morning John See an interest rates, is expected when Federal Reserve officials. Gather on Tuesday and Wednesday that's according to pricing in federal funds futures. And all but, one of the fifty seven accommodates pulled by Bloomberg get rational testimony earlier. This month. Fed chairman Jerome Powell didn't signal that the economy is overheating or warranted in imminent hike. For an economy that expanded four point one percent of the second quarter. The feds real policy rate is still. Around zero or even slightly negative and despite speculation. The Bank. Of Japan, could. Soon flesh. Out, a plan for adjusting stimulus all forty four economists surveyed predict the b. o. j. will maintain its current setting on interest rates the Bank of England expected to hike even amid Brexit gloom and Brazil's central Bank is, seen a standard Pat India central Bank will probably raise its benchmark rate John Tucker Bloomberg, daybreak John thank, you meanwhile the. Bank of Japan today. Conducted, its third bond purchasing program in a week, by One point six trillion yen worth of. Ten year bonds the central Bank bought the debt stem rising yields after they touched, a nearly eighteen month high of eleven, basis points stocks. In Asia started the week on a negative note has, investors show caution. Ahead of those central Bank, meetings Bloomberg's Juliette Sally reports from our Singapore bureau technology companies in pharmaceutical firms with the biggest drag on the topics, which closed down four tenths of. One percent Chinese companies related to infrastructure construction continued to rally after the. Government unveiled new, measures to aid growth however the CSI three hundred finish down eight tenths. Of one, percent while the on show Yuan added to last week's slump elsewhere Indian Stokes defied the. Downbeat trend the sensex holding onto record highs ahead of an expected rate. Hike from the country's central Bank this. Week, in Singapore Juliet Sally Bloomberg daybreak Juliette thank. You China's. Benchmark Shanghai, composite, as Lund. Eighteen, percent since January high still emerging market investor Mark mobias says he expects Chinese stocks To fall even further in the case of China you've got a, number of problems first of all debt that. Is a big problem for companies in China number two you've got the tech situation with these stocks there's going to be a real, problem because it's such a big part, of the index and the third thing I think is. The trade, war of course that's going to be affecting number of companies and the psychological effect would be even greater Moebius capital partners co founder Mark Mobius, also tells us is keeping an eye on the you want Beijing will likely be tempted to use. The, currency as a weapon in its trade war with the US also on the trade front major car producing nations are set to meet for talks to coordinate, their response to us tariffs sources tell Bloomberg representatives from the European Union Canada Mexico South Korea and Japan convene tomorrow in, Switzerland now discuss. How. To respond. If the Trump administration does impose levies on car imports is another busy week for. Earnings with more than one hundred forty Companies. In the SNP five hundred scheduled to report to. Bloomberg's Charlie, Pellett reports so far upwards of ninety percent. Of companies reporting results of come in above analysts estimates Michael Gino is president of Pacific. Heights asset management earnings revenues are up and that was. Expected I, think so it's not really a surprise I. Think that you get into company specifics and industry specifics with, obviously had some high profile beats of high profile non beats if you will Twitter. Facebook and Intel certainly falling into that category this week we'll be hearing from financial giants including Berkshire Hathaway I n. g. b. m., p. Potter bond MetLife car companies tesla Toyota and BMW and tech giant's apple Samsung and Sony Charlie. Pellett Bloomberg daybreak mad Charlie on today's, docket, we, get results, from fourteen companies in the s.. And p. five hundred including Caterpillar Bloomberg's Jill Schneider has a preview shares of. Caterpillar have been battered by the lingering uncertainty around trade negotiations the company Is expected to top analysts estimates for the ninth street quarter today but the stock may not get a reprieve to last quarter saw good numbers failed to boost caterpillars valuation chill Snyder Bloomberg daybreak. Thank, you a Bloomberg news has learned the. Board of CBS meets today to discuss the future of, CEO les. Moonves says we get the details. From Bloomberg's Ed Baxter Moonves was accused of sexual harassment by six women in a New Yorker article published last week, giving article. Moonves acknowledged there, may, have, been times. Decades ago when he may have made, some women uncomfortable by making advances, but he says. He never used his position to harm anyone's career, sources say, this, is, a regularly, scheduled board meeting CBS, independent, directors have already said they plan to investigate. The claims and, we'll hire an outside law firm to do so in San Francisco I'm Ed Baxter. Bloomberg, daybreak all right Ed thank you straight ahead, we have the latest world and national news and this. Is.