how can didi recover from this? the chinese government has taken a very strong approach against this, saying didi has this unshirkable responsibility and that they need to work with the government before they can restart the app again, and they said they are cracking down on what they call dishonest behavior. at the same time, didi is the largest ride-hailing app in the world, the most valuable company in china. the second largest competitor is a tiny fraction, so it is unclear if this will hurt their bottom line, and even if high-profile deletions will cause any sizable impact on its user base. emily: i know you will keep us posted. selina wang, thanks so much. much more coming up. this is bloomberg. ♪ emily: sears stock got a big boost. the struggling retail and amazon have expanded a tire purchase and installation program. customers who purchase tires on amazon can get them installed and balanced at sears auto centers. amazon has discussed cofinancing to bloomberg has learned the tech giant has tried to cofinanci

concerns over didi's hitch service. be talking all things start up tech. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. haidi: this is bloomberg markets: asia. asia-pacific markets are on the rise for a sixth day. china's industrial profits are 16% higher last month year on year but down from june's 20% rise. and south korea prepares tough new rules to challenge chaebol's control. possibly a new normal coming through for south korea's biggest companies. a glimmer of hope, at least when it comes to nafta. a are expecting reports perhaps a deal being done between mexico and th

didi chuxing is the world's largest ride—hail company by number of trips. action from the taxi giant to ensure passenger safety. britain's biggest payday lender, wonga, has said it is considering all options after reports suggested it was on the brink of collapse. it follows a surge in compensation claims against the firm, amid a government clampdown on payday lenders. wonga has faced criticism for its high cost, short term loans, which some said targeted the vulnerable. sellafield is one of the most contaminated industrial sites in europe. crumbling buildings are home to decades—worth of accumulated radioactive waste, a toxic legacy from the early years of the nuclear age. now its operators are in a race against time to make the most dangerous areas safe. we have been given exclusive access to one of the most hazardous parts of the site, where ingenious technology is used in the clean—up. technology used in sellafield in cumbria in the north of england. let's look at the market again, strong gains across—the—board in asia. lots of that is down to one perso

name—macro has had huge growth since they first launched. —— didi.re going to reinvigorate their business model entirely. it has been called for by the chinese transport ministry. they say they need better driver vetting and perhaps a system whereby passengers can call police through the app. they may be able to share their itineraries with friends and family. it is part a of wider call for tighter regulation of these right hailing services. thank you. keeping an eye on those stories. let's look at the markets. a flat day. investors looking for a new direction. they are keeping in mind the fact that although deals are being done on trade between the likes of the us and mexico, the big issue of china and the us is a stalemate. let's look at the european markets really quickly. london up slightly. one of the big stories from london markets is the aston martin flotation story. confirming plans to list on the london stock exchange. we have the boss with us in the studio. we will talk to him very soon. but first, here is more on what donald trump had to s

i have this rule that i do not touch the side of any handrail on the underground and if i didi handrailround and if i did i try to clean my hands. it is really intelligent because the chip isa really intelligent because the chip is a gigantic petrie dish. —— the tube. anyone living in london, would love to see this. they have had to combat of different bacteria is. you get the influx of people in the morning commute. in 11 different lines and everybody is going around and they are tracking the movement of the james but in a way it is important because human beings have to be exposed to james to keep our resistance. some james are important, otherjames not so much. let's move on. amazon has been hugely controversial in terms of tax in the uk. according to this report, amazon has paid £1.7 million in corporation tax in the uk. it is of the lowest bill in five years. the point of the story is, the uk high street has been suffering. we have seen so street has been suffering. we have seen so many street has been suffering. we have seen so many shops closing down, diminishing the number of st

the second murder of a didi passenger since may. china's transport said didi had responsibility for the crime and impose new policies by september 1st to be review bide the ministry. >>> the u.s. and mexico are getting closer to an agreement the two sides were likely hours away from reaching a deal and talks are set to resume at 9:00 a.m. eastern time. canada set off the latest round of negotiations and three-country nafta discussions are expected to stretch into next month. >>> honoring arizona senator john mccain and lester holt has a look at his legacy >> my country saved me and i cannot forget it and i will fight for her as long as i draw breath, so help me god >> reporter: john mccain's life was shaped by his wartime ordeal, by his years in the senate and by his own heritage >> i am the son and grandson of navy admirals and i was born into america's service >> reporter: he was a navy fighter pilot, known for his rebellious spirit. >> i was imature, i was reckless, i was cocky, but i also knew that i was going to follow in my fa

didi has suspended car pooling service. the company should face legal punishment if it fails to put customer safety first. uber ceo says it plans to shift focus from cars to electric bikes. those vehicles are better suited for inner city travel despite taking money away from uber drivers. >> would you ride that bike, kate >> i do like to ride bikes. >> that bike if you're on the radio, by the way, it is bright orange or pink and a small basket does it come with a small dog? get in a hot air balloon and go home thank you. >>> also topping your headlines this morning, tesla and elon musk making a big about face phil lebeau, there is a lot of different angles to this story >> right playing out over the next several weeks or months. this was the announcement that came late friday night tesla will remain a publicly traded company elon musk gave four reasons in his opinion why it should remain publicly traded. first of all, the shareholders' preference, unclear how investors would take part in a private deal and he said, look, th

. - arius]s] family fights forhis young motherer'sight to didi. this time in "62 days," onreel south. - [femalale narrator] support for this program is provided by south arts, sponsors of the southern circuit tour of independent filmmakers, with funding from the national endowment for the arts. [bluesy guitar rock] ♪

didi has halted service to adjust its business model.nd driver suspected of killing a passenger in and eastern city has been detained. that is your bloomberg business flash. manus: now to china and the yuan is a stable today after friday's surge. this after the pboc signaled it taking action to support the currency with daily fixing. this comes as there is little sign of progress in the nation's trade standoff with the u.s.. china hawks in washington look to be gaining in ascendancy. managing economist and director aji plus economics is still with us. at g plus economics is still with us. what do they want to achieve? stability? or do they want to achieve a stronger yuan? do they want what we had in 2015? 6.96.5? do they want that speed? >> this is a very important story. it is a story of two parts. the external side of the china story. , the onesna narrative depreciation has been very welcome, a very convenient tool to resort to. it signals that china is responding to the external shocks of a stronger u.s. dollar by decouplingfs financi

. >> nobody had the backss the new generation more than he didy >> reporter:ty was the back bone of his friendships in politics >> his legacy is one of civility and dignity and hono it's tough. >> reporter: defeats, however painful did not diminish mccain's stature. rmer presidents and campaign rivals mbre. from barack obama, few of us have been tested the way john wau once was. and george w. bush, some lives are so vivid it is difficult to imagine them ended. some voices i are so vibran is hard to think of them stilled. senator mccn did some of the planning for his own upcomin memorial including requests that former presidents be among those to deliver eulogies. >> you must have a lot ofme ries tonight. >> reporter: there were so many times where he would say a fight not joined is fight not enjoyed. he so relished the chance to ndar with colleagues reporters. we would pepper him and he would dish it right back. the topics were often serious, but he brought fun toolitics and so often he was funny. >> he had a legendary sense of humor. you very much. the senator, of course, also had a st

the killing comes three months after another murder was committed by a didi operative.o scandal aside and win another term as party leader. we will be live in tokyo for the latest. this is bloomberg. ♪ yvonne: time in hong kong. ramy: i'm in new york. you are watching daybreak asia. haslinda: the european union faces a new threat with italy's saying it is prepared to veto budget of illegal immigrants. it will look at all measures considering the zynga market finances and oppose anything that isn't convenient -- the market finances and oppose anything that isn't convenient. the lira has fallen sharply this month, half as much again as the next worst-performing currency. the imf expects saudi arabia's budget deficit the fall below 5% of gdp this year, the first time it has done so since the all crash of the kingdom finances. narrowed to 4.6% of gdp and 1.6% in 2019 on better collection of a new value-added rises,re energy price and hyper spending. several people are reported dead in a mass shooting at a mall in jacksonville, florida that was hosting a video game tournamen

s methods of reacting to something like that within two hours so there didi basically took the hit here and this is something that people have been talking about online as well as the fact that they've been talking about it. from the chinese government we've heard many complaints as well so any way that you turn this not a good thing for d.d. now look they've been taking this very same seriously here's a statement from them this is from the founder and the president herself two different peoples i should say we thought we were using technology to build a better world of mobility six years ago when we started this business the tragedy reminded us we have walked this path without enough respect nor humility now t.v. has changed its methods saying that you know it's not about growth anymore it's about safety and about protecting customers that's going to be their number one priority alex it seems to me that ober is making a pretty big shift there they're moving away from the ride hailing in urban areas they're moving to scooters and bicycles and i think what they've told investors is that.

now, china's ride—hailing giant didi chuxing has suspended its carpool service after police said a driveroperating until a full re—evaluation is completed. sri lankan forensic experts are trying to identify dozens of skeletons found in a mass grave in the north—west of the country. it's not clear who the victims were or what happened to them. this latest mass grave was discovered by workers digging the foundations for a new building in the town of mannar. the bbc‘s anbarasan ethirajan visited the town earlier this month and sent this report. sri lankan forensic experts have been carefully digging out the skeletons and other bones from this pit here in the town of mannar, in north—western sri lanka. they found the first skeleton in this grave a few months ago, and then a detailed inquiry was ordered, and the experts from different parts of the country are now trying to find out what is lying behind this pit here. and so far, they say they have found the skeletons of more than 70 people. the entire area, you can divide it into two. in one segment, you have a proper cemetary there. but here

s methods of reacting to something like that within two hours so there didi basically took the hit here and that this is something that people have been talking about online as well as the fact that they've been talking about it. from the chinese government we've heard many complaints as well so any way that you turn this not a good thing for d.d. now look they've been taking this very seriously here's a statement from them this is from the the founder and the president herself two different peoples i should say we thought we were using technology to build a better world of mobility six years ago when we started this business the tragedy reminded us we have.

if it didi appreciable harm to human health. i would be the person most at risk, as the primary user of the chemical. but personally, i am confident that if global religion we agencies are happy for me to be using it in a responsible manner, thenit using it in a responsible manner, then it is safe to be used to. and it's worth bearing in mind that the eu has really the world's most stringent regulatory procedures when it comes to such products and if it is being used in the eu, then there is being used in the eu, then there is really very little evidence that you shouldn't be using its. there we re you shouldn't be using its. there were some doubts expressed three yea rs were some doubts expressed three years ago by the world health organisation's cancer agency concluding that it was probably carcinogenic to humans, so the science is not entirely secure, is it? the overwhelming balance of science agrees that glyphosate is not harmful to human health. report you're referring to by the ira see is somewhat controversial inasmuch as

past the midpoint, and when i dig into earnings analysis on the stoxx 600, -- reporter: in didi, and the days have checked by that percentages bumped up. running the numbers this afternoon for today, we are north of 55% on the win their that is less than 40% on the miss. there is in lines in between. it has been good. overall if you look at the total figures, expectations come in for 8% growth, now running around 10%. not bad, and the set up coming in was set after the falls from the peak in may for good capital and the market has responded. caroline: you talked about the catalyst being set the we saw sweden off to a good start. .et's talk about geography when is good is there a breakdown we can look to? tim: sweden has wrapped up exceptionally well, notably better than expected, industrials and financials are big. france is the other that stands out on the standpoint of coming through notably better than expected. growth was supposed to be nine, it is closer to 13%. goods as a luxury high point. there are other segments. if you look at the u.k., netherlands, italy, spain, they had b

it has also private -- partnered with didi, so it is stretching out globally to all these companies inpart of that revolution in the auto industry. what is in it for uber at the end of the day? how important is toyota in a partnership with them? they have got other options, haven't they? then: certainly, but relationship with toyota is -- goes back a long way. toyota has been providing financing for uber drivers to buy cars and's 2013 at least. toyota first invested in over -- uber in 2016, so this has been going on for a long time. . there was a problem when in march of this year, uber was the first fatality in self driving cars when an uber car hit a pedestrian but that did not derail the partnership with toyota, as we saw today. for uber, this is a very interesting development because it adds to the prongs of their strategy. they operate their own fleet volvoull vocal cars -- cars. they are also allowing daimler to run their own autonomous cars on bloomberg's network and now networkota -- uber's and now toyota is building custom minivans, including the uber self driving technology f

. >> is the concern here, didi, that there's going to be so much liability when it comes to legal casesal thing? i remember there were already questions about monsanto and gmo products which are not exactly trendy right now >> yeah, exactly it's kind of a mixture tof both reputational and reliability issue. $289 million is no laughing matter indeed and when you combine that with the fact there are more than 5,000 plaintiffs all across the country in queue to file claims that's a lot. >>> coming up next we'll have the closing count down >>> and president trump is backing a boycott of harley davidson we'll speak to a former harley davidson dealer coming up after "the closing bell. ey greeted me as they always do. sergeant baker, how are you? they took care of everything a to z. having insurance is something everyone needs, but having usaa- now that's a privilege. introducing e*trade personalized investments professionally managed portfolios customized to help meet your financial goals. you'll know what you're invested in and how it's performing. so you can spend more time floating about o

our didi roy is at a restaurant in san francisco with some of the details. >> corn tortillas as well that you see here are some of the big staples here for tacos at this mexican food chain. and the ceo here says the trade war has actually benefitted his business because the items are cheaper. why? because the tariffs from china and mexico have caused a pileup in many items ranging from pork to potatoes because these items are a lot more expensive now to ship abroad because a lot of foreign buyers don't want to buy them to pay the extra tariffs. as a result that's helping the restaurant chains. the ceo here says he's saving 1% to 2% of his total cost because of the tariffs >> it's not free money because nothing's free, right? but it fact the tariffs have taken place and we are seeing a decrease in cost, there's nothing but positive for us, and i hope it continues. >> how much are prices going down plateixe q is a data analytics firm for restaurants, and looked at invoices from 3,000 restaurants and looked at data to see a price decrease in these tariffs. actually five key ingredients

in china, public criticism for didi.ost viable startup for safety practices after a second female customer was killed by a driver. it has halted its service to reassess its business model. it has fired two senior executives. exxon mobil has been looking to buy renewable energy for delivery in texas. the company asked wind and solar's -- solar power suppliers to pitch contracts that would last up to 20 years. bloomberg analysts said exxon involvement is a sign that renewables can be cost competitive. "crazy rich asians" was the top movie in north america for the second week in a row. the film about lifestyles of singapore's rich and famous took in $25 million at the box office. the distributor, warner bros., has started working on a sequel. that is your bloomberg business flash. guy: thank you taylor. is trading down 3% premarket this morning. facing possible bumps in the road after elon musk reversed his own plan to take this company private. his latest tweet after he first loaded that idea. that was followed by news tha

you look at didi and what they are trying to do with uber, i do think -- unfortunately it's cash flow reality that if you're not in china then you're vulnerable to all those protected chinese companies coming after you and i don't know how they balance their culture, what their employees want with the just hard-core business reality if you're not in china you're vulnerable. neil: weird in this day and age. kevin: i will tell you, every company is doing it, they are building data center, the data needs to be located on the mainland so people want to use icloud, they will use it. starbucks is opening so many locations over there but as michael said, listen, alibaba has giant data center based in silicon valley, they are building data centers all over the united states. neil: yeah. kevin: for consumers. >> i was going to see in january and my flight -- neil: consumer electronics. >> they're everywhere, expanding here, but google protecting its culture when you look at what's going out in facebook is to critical, people aren't into working there, they will go elsewhere and build something

s methods of reacting to something like that within two hours so there didi basically took the hit here and this is something that people have been talking about online as well as the fact that they've been talking about it. from the chinese government we've heard many complaints as well so any way that you turn this not a good thing for d.d. now look they've been taking this very seriously here's a statement from them this is from the the founder and the president herself two different peoples i should say we thought we were using technology to build a better world of mobility six years ago when we started this business the tragedy reminded us we have walked this path without enough respect nor humility now t.v. has changed its methods saying that you know it's not about growth anymore it's about safety and about protecting customers that's going to be their number one priority. alex it seems to me that lube are is making a pretty big shift there they're moving away from the ride hailing in urban areas they're moving to scooters and bicycles and i think what they've told investors is t