bigger role in the global digital economy and most of the funding will come from the bill and melinda gates foundation. finance ministers of the g. 7 meeting also move towards an agreement on taxing digital giants the u.s. had opposed the french measure a french measure to tax digital companies like facebook both now agree to focus on a minimum tax for businesses to generate income outside their base country. the european union has fined chip maker qualcomm $242000000.00 euros for what regulators call predatory pricing between 20092011 the charges relate to the sale of chips at the low cost which the e.u. says was intended to drive a rival out of the market. investor appetite for fin tech innovation just keeps growing the german startup in $26.00 has made big inroads it inroads in mobile banking and has now become one of the most valuable fin techs in europe take a look. 4 years ago and 26 was little more than a not without a banking license today the german company is one of the fastest growing banks in europe with more than 3000000 customers already signed up. n 26 is a so-called direct or mobile ba

bigger role in the global digital economy most of the funding will come from the bill and melinda gates foundation. the european union is fine chip maker of coke and $242000000.00 euros for what regulators call predatory pricing between 2009 and 11 the charges relate to the sale of chips at a low cost which the e.u. says was intended to drive a rival out of the market investor appetite for fin taking a vacation just keeps growing the german startup and $26.00 has made big inroads in mobile banking and has now become one of the most valuable fin takes in europe. 4 years ago and 26 was little more than an up without a banking license today the german company is one of the fastest growing banks in europe with more than 3000000 customers already signed up. n 26 is a so-called direct or mobile bank it has no branches and conducts all its business online on like traditional banks it has just announced a fresh round of funding from a host of existing investors and tooting chinese company 10 cent and german insurance giant allianz this values the fin tech at more than 3000000000 euros making it one of the

he's donated $3.6 billion worth of stock in his company berkshire hathaway to the bill and melinda gates foundation8—year—old billionaire intends to donate all his berkshire shares to charity through annual gifts. the ‘giving pledge' in which billionaires promise to give at least half their wealth to philanthropic causes — was launched in 2010. china's huawei says it is awaiting guidance from the us department of commerce on whether it can resume using google's android mobile operating system on upcoming smartphones. over the weekend, us president donald trump softened his stance on the chinese tech giant, and told g20 summit attendees that the united states will allow expanded sales of us technology supplies to huawei. ever since his first independence day speech in 2014, prime minister narendra modi has championed his "digital india" vision — including a flagship policy to get every village in the country online. but that project has fallen well behind schedule, and costs are mounting up. the hundreds of millions of indians who are yet to have access to high—speed internet will be hoping for more

role in the global digital economy most of the funding will come from the bill bill and melinda gates foundation. finance ministers of the g. 7 meeting also move towards an agreement on taxing digital giants the u.s. how to post a french measure to tax digital companies like facebook both now agree to focus on a minimum tax for businesses that generate income outside their base country. and the european union has fined a chip maker qualcomm a $242000000.00 euros for what regulators call predatory pricing between 20092011 the charges related to the sale of chips at below cost which the e.u. says was intended to drive a rival out of the market. mobility is one of the boss words today people want to get from a to b. fast smoothly and increasingly environmentally friendly only recently electric scooters started to pop up everywhere here in the streets of berlin mingling with cyclists and pedestrians the next big thing could be the iraq eat an electric pedal driven motorcycle. heads turn when this 2 wheeler whizzes by it's too fast for an e.p. like but a motorcycle with pedals. the rocket is the name

one of them is the bill and melinda gates foundation.ffett has given away 45% of his holdings, about $44 billion. -- prices are at their lowest level for this time of year in a decade. that is thanks to huge expansion in the u.s. -- it comes just as americans prepare for the just grilling day of the year, the fourth of july. a brookfield asset management fund has agreed to buy railroad operator genesee & wyoming for $8.4 billion. the price represents a 12% premium to genesee & wyoming's closing price. the deal will result in a company becoming privately held. i'm viviana hurtado. that is your bloomberg business flash. alix: ministers are meeting in vienna to signal rate cuts for another nine months. we want to go to the saudi energy minister who is speaking. >> we hope so. we hope it will be approved tomorrow. if there is a snag of any kind we will result in the next few weeks. by the time this extension finishes, we will have fully ratified by all member governments to have a permanent framework. >> iran is accusing you of unilateralism

he's donated $3.6 billion worth of stock in his company berkshire hathaway, to the bill and melinda gates foundation 88—year—old billionaire intends to donate all his berkshire shares to charity through annual gifts. hong kong riot police have regained control of the city's legislative council building. it comes as protests have intensified over an extradition bill — amid fears by demonstrators that the asian financial hub is being drawn closer in to china. our asia business correspondent karishma vaswani joins us now from hong kong... the worry is the worsening political crisis will have a knock—on impact on hong kong as the way it is seen asa on hong kong as the way it is seen as a global business hub? yes, certainly that was the fear of the business community in advance of that extradition bill when the government announced they were going to push through with it. you heard from lobby groups amongst big businesses here saying it would risk the credibility of hong kong. when the credibility of hong kong. when the bill was suspended there was a sigh of relief from business people here. it was the p

vonnie: melinda gates there, cochair of the bill and melinda gates foundation, speaking with our mariaow for our weekly factor funds segment. momentum factor has been a driving leader among factors in the united states, but are conditions sustainable as we move further into the second half? you to us is peter chung, bloomberg u.s. equities -- here to tell us is peter chung, bloomberg u.s. equities strategist. are they? peter: there are two strategies behind this. hi gross tends to help propel price-performance. the second factor and the more important one to understanding the strategy is liquidity conditions. when investors are willing and able to pay out for high-growth growth, it tends to really help moment him as a strategy. under ideal conditions, it performs best when those conditions are working for the factor. but under the current environment, what we are seeing in the marketplace is that momentum has really outperformed in anticipation of further accommodation from the fomc. it is because of this that momentum has really found its way over the last few months and has led facto

he won a full scholarship from the bill and melinda gates foundation and upon graduation, was admitted the bar. how did you do in law school? >> shon hopwood: surprisingly well. >> kroft: you were already a lawyer? >> shon hopwood: well, i mean, it was-- it was a new experience, doing well in school. >> kroft: he did well enough to land a prestigious clerkship with the united states court of appeals for the district of columbia, the second most important court in the country. >> waxman: the idea that a convicted bank robber was going to go work for janice rogers brown-- a very conservative judge on a very important court. surprising in the absolute sense? yes. in the context of who shon hopwood is and where, what he was setting out to do? not that surprising. >> kroft: a year later, it led to a highly competitive teaching fellowship at georgetown law's appellate litigation clinic, where he did so well, the faculty awarded him a position as a professor of law. how hard is it to get a job teaching law at georgetown? >> steven goldblatt: it's very hard. >> kroft: professor steven goldblat

to your point, the bill and melinda gates foundation, given away $45 billion, generally to those groupsal poverty, save lives. god bless them. mark zuckerberg has given 100 million to schools. here is the problem. you sometimes donate to groups that want to do good, doesn't always work. the impact of that money, okay, not what he was hoping for. certainly compared to what the government does with the money, great abyss, money goes in, disappears, you ask the whatthe heck do they do with it. neil: the question i had for bernie marcus at the time. they want to tax us more. >> write a check to the treasury. that is a great idea. fine to say that. but in reality, it sounds good. you get so much at some point you almost feel guilty about it. come on, tax me more. i would much rather money go to those causes, those groups working to do good in this world. >> they are very creative now, especially getting ready for an election year. >> yeah. neil: ways to come up with money than ways to save money. that is true of both parties, i do find here in the last two debates of the major candidate, man

have the number one position but he has given away $35 billion already through the bill and melinda gates foundationt. he's just been giving a lot away. stuart: when you can give away $34 billion or $35 billion -- deirdre: and not have it change anything. stuart: you're doing okay. all right. senator robert portman, rob portman, he just visited the southern border. he was there with vice president pence. he says yes, there is a clear humanitarian crisis. he's going to give us a report on what he saw in just a moment. we are going to be joined by the woman running for aoc's seat in congress, challenging aoc. i think she's got an uphill battle. a republican? can a republican win in the bronx and queens? by the way, we have a resident of that district who works on our show and he says no way. we'll be right back. ♪ [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. it's soft... the kohler walk-in bath features an

melinda gates, who runs one of the world‘s largest charity foundations along with her husband, the microsofte to pay men and women the same amount for the same job and the same work". shares in asos have sunk after the online fashion giant said that this year‘s profits are likely to be much lower than first thought. sales have been held back by a series of glitches in its warehouses. these problems meant that the range of clothes available to shoppers in these markets had been limited. that‘s all the business news. we will be back after the lunchtime news. thank you. tens of thousands of passengers every year enjoy a trip down the river thames onboard the historic "little ships". the oldest boat in service dates back to 1892, while another took part in dunkirk. however, the department for transport says new safety regulations could mean they have to be rebuilt, but owners say the costs involved will force them to scrap the boats. robert hall has been on board one of them. # when the weather is fine and you know it‘s a sign # for messing about on the river.# welcome aboard the connaught, a pa