action the hope would go through the day it was and that brings you up to date on all the global business news i'm ben i said business with you. clearing mines in ukraine one step at a time many young and highly qualified people want to free their country from land mines and booby trapped. there even retraining to do it. on the job 6 days a week away from their family and. what's driving them closer. in 60 minutes d.w. house penis fears for every human penises are very different from primates we have very little in predictable as a mammal size view nature david and this is climate change crisis sex how fetus and books you get smarter for free books are new to. welcome to global 3000 thanks for joining us. the horrors of long distance livestock transport swiss farmers are on the hunt for alternatives. we head to mexico to find out how indigenous people are coping with coronavirus. but 1st somber farewell.

stephen:n: accccording to ririos reports, the plan n would puputk totock's global business into a newompany where the current a majorityd be sharareholder and then o oracle, minority holding -- owner. treasury secretary steven mnuchin says they are committed to making tik tock global a u.s. headquartered company. this in an effort to put distance betweenen the app and s chinese owners. president t has set a deadline o this sunday or risk h having the appp banand. facingkok could be scrutiny in the united states. the wall street journal reporting the federal trade commission could bring an antitrust case against the social network by the end of the year. the report says the final decicision has n not yet been m. the competition regulator suspends more than a year investigating whether facebook used its dominant position inin social media to stifle competition. facebook is making its case to .he commissssion they sought a a pay record $5 pay an in fines -- saw it record $5 billion n in fines. olivia: there is perhaps some good news for some company? the spanish group says it has reached

now to some of the other global business stories making news online retail giant on the law is planning to create 7000 new jobs in britain by the end of this year it's a welcome boost to the country's coronavirus his economy the new positions will increase on the phone total u.k. workforce to over $45.00 and. the united states is reducing aid to ethiopia citing lack of progress in resolving a dispute over a huge down project on the river nile ethiopia has continued to work on the drama which downstream countries egypt on sudan that say threatens their water supply. could ghana become a car manufacturing hub for west africa the government is hoping so it's trying to lure international car companies to the country to do that it's introducing a ban on imports of vehicles that are 10 years or older it's a significant move used cars make up 70 percent of vehicle imports to ghana date of your correspondent i collect the scent of that for force. just to see fixes salvaged and used cars imported into ghana he works from his base in samara a capital crime. he and his employees fix more than 4 ca

now to some of the other global business stories making news. british finance minister richie soon unveiled an emergency jobs program to replace the current furlough scheme the new policy will see workers get up to 77 percent of their normal salary for 6 months. turkey central bank has raised its main interest rate by 2 percent as it tries to hold a mirror up from historic lows the move caused the lira to gain one percent against the dollar many investors welcome to move as a show of independence president to one opposes higher rates. german carmaker fox 5 is to compensate former workers in brazil for persecution they suffered during the country's military dictatorship between 19641985. collaborated with the regime to identify its suspect as a. where then fired detained by police and sometimes even tortured. california is who bombed a sale of gasoline only cars by 2035 in a bid to combat the effects of climate change the move a 1st in the u.s. received a mixed response from carmakers california the largest car maker in america markets i'm sorry

could see several growers and producers go out of business now to some of the other global business stories making news. intel says it's been given the green light to continue supplying certain products to while away the news comes after the us introduced new export controls that prevent firms from supplying the chinese tech giant with electronic components that use american technology. german chemical giant b.s.f. is planning to cut 2000 jobs and its newly created business services unit the company is sitting on a nearly 900000000 euro loss for this year due to falling orders from the automotive industry. the international air transportation association wants governments to speed up the development of the virus tests the lobby group says developing instant tests which can be administered in airports is key to protecting passenger safety on of restarting the stalled airline industry. the coronavirus has put many people off public transport leading to soaring demand for an eco friendly 2 fields alternative demand for bikes is growing faster than many suppliers can keep up with at the world's largest bic

now to some of the other global business stories making news . south africa's ailing state run power company eskom hasa suspended the monitors of 2 power stations it blames for exacerbating breakdowns that led to widespread power outages the firm announced it would reduce power cuts to to know where to mont and improved whether for years eskom has struggled to manage the flight from coal fired plants. german pharmaceutical company cure voc is to receive more than 250000000 euros to develop a coronavirus vaccine the german ministry for education research approved the funding care package is among a small number of companies using an r. and a technology experts say it could live rock but inoculation on a larger scale than traditional forms of sox nation. u.s. job growth slowed again in august as many american households find themselves without financial assistance from the government just under 1400000 jobs were added in august about 2 thirds of july's figures. job losses mounted faster in the u.s. than anywhere else at the beginning of the pandemi

and quite a at the tesla store in manhattan thanks so much now to some of the other global business stories making news. nike is taking a victory lap after its stock surged 9.7 percent in weapons during trading the sportswear giant says they've rise in online shopping help to offset falling sales in brick and mortar stores. u.s. banking giant j.p. morgan chase is set to move $230000000000.00 in assets to germany as it shifts its european business out of the united kingdom it's hoping to complete the move before the breck the transition period expires at the end of this year. u.s. president donald trump has announced new restrictions on cuba american travelers will no longer be allowed to stay at properties owned by the cuban government nor will they be permitted to import cuban cigars or liquor it's the latest move in a series of attempts to cripple the country's economy. consumer sentiment has stabilized in germany with a growing perception that the country is on the road to recovery one major factor is the increase in the number of people returning to work after a government support scheme kept them

now to some of the other global business stories making news british finance minister richie soon unveiled an emergency jobs program to replace the current furlough scheme the new policy will see workers get up to 77 per cent of their normal salary for 6 months. turkey central bank has raised its main interest rate by 2 percent as it tries to hold a mirror up from historic lows the move caused the lira to gain one percent against the dollar many investors welcomed the move as a show of independence president everyone opposes higher rates. german carmaker folks live in is to compensate former workers in brazil for persecution they suffered during the country's military dictatorship between 19641985. collaborated with the regime to identify its suspect as a. with unfired detained by police and sometimes even tortured. california is to bond a sale of gasoline only cars by 2035 in a bid to combat the effects of climate change the move a 1st in the u.s. received a mixed response from carmakers california the largest car maker in america markets i'm sorry in america has been battling historic wi

and to some of the of the global business stories making news. intel says it has received licenses from u.s. authorities to continue supplying certain products to cure way it enables you a way to continue its production of notebooks the u.s. tightened its export controls last week dictating that firms cannot supply the chinese tech giant with any components using american technology. airbus has unveiled 30 emission passenger plane designs using hydrogen powered technology the european manufacturer said today could enter service by 2035 years comes. under growing pressure from governments to tackle carbon emissions are facing and i'm president of the slump of demand amid the coronavirus pandemic. that brings us straight to look tons o. which is announced for the cutbacks on flights and personnel due to the coronavirus pandemic currently its beast $150.00 planes are due to be junked the company won't it would likely be forced to eliminate more than the previously announced 22000 jobs over the next 5 years. the coronavirus pandemic has made public t

and i just some of the other global business stories making news tesla is working on new battery technology c.e.o. even musk says this will enable the company to make sleeker were affordable cars that can travel dramatically longer distances on a single charge denouncement didn't impress investors though tesla shares shed more than 6 percent in extended trading. the international air transportation association wants government to speed up the development of rapid virus tests a lobby group says developing instant tests which can be administered in airports is key to protecting passenger safety and restarting the stalled airline industry. jimmy chemicals giant b.s. f. is planning to cut to 2000 jobs in its newly created business services unit company is sitting on a nearly 900000000 euro loss for this year due to falling orders from the automotive industry. a 4 weeks ago for delivery firm delivery hero join to the index of germany's 30 biggest listed companies a move that was nothing short of a small revolution shaking up the dax that's normally home to industry giants such as siemens or fox

now to some of the other global business stories making news. the international air transportation association wants governments to speed up the development of rocket virus tests the lobby groups have developing instant tests which can be administered in airports is key to protecting passenger safety and to restarting the stalled airline industry. german chemical giant b.s.f. is planning to cut 2000 jobs in its newly created business services eunice the company is sitting on a nearly 900000000 euro notes for this year due to falling orders from the automotive industry. tesla is racing ahead with the construction of a huge new factory just outside of berlin production there could start as early as 2021 with some $505.00 and electric cars rolling off the line every year but it's not just capacity tells us c.e.o. elon musk is after he's also planning to build more affordable cars powered by new battery technology. battery day it's tesla shareholders and coworkers so watching from inside their e-commerce social distancing tesla style on stage c.e.o.

now to some of the other global business stories making news. the international air transportation association wants governments to speed up the development of rocket virus tests to lobby groups developing instant tests which can be administered in airports is key to protecting passenger safety and to restarting the stalled airline industry. german chemical giant b.s.f. is planning to cut 2000 jobs and its newly created business services eunice the company is sitting on a nearly 900000000 euro notes for this year due to falling orders from the automotive industry. tesla is racing ahead with the construction of a huge new factory just outside of berlin production there could start as early as 2021 with some $505.00 and electric cars rolling off the line every year but it's not just capacity tells us because after he is also planning to build more affordable cars powered by new battery technology. battery day it's tesla shareholders and coworkers so watching from inside their e-commerce social distancing tesla style on stage c.e.o. elon musk who h

from the canon steep the world economy thanks for joining us now some of the other global business stories making the news. the russian ruble fell sharply on wednesday after a german government spokesman said kremlin critic alexina valmy had been poisoned with a nerve agent a loss more than 2 percent against the us dollar with dollar worth more than 75 roubles. and united airlines says it will further more than 16000 employees in october the number is considerably lower than expected 36000 layoffs but still one of the worst days in u.s. airline history that korea carrier has said it will postpone furloughs if washington approves more funds to help our lives. now we must has been meeting with senior members of the german government the tesla bosses in germany to discuss company's work on with pharma group which is developing a corona virus vaccine that's the fans all spend hours waiting for him outside the company's new gigafactory outside of berlin but mr moss proved difficult to pin down. during his german visit most made it clear where his priorities are right now the biotech company cure voc which is t

to look at some of the other global business stories making the news to manufacturing orders have risen for a 3rd month in a row following a devastating decline during the pandemic the value of orders raised nearly 3 percent less than expected but still rising orders are an important sign that's germany's most important industries are getting back on track. facebook will ban new political ads on its platform one week before the u.s. elections in november as part of efforts to battle this information the site will also add a label to any posts that challenge election results c.m. oxycodone said the move will lower the likelihood of any last minute smears going uncontested. and asian markets followed new york down after tech shares delivered wall street's worst day since june bull stocks plunged 8 percent in a day of drops representing around $180000000000.00 in market capitalization shares in facebook and tesla also took a beating. well now let's get more from our business reporter in frankfurt chelsea delaney chelsea tech stocks in the u.s. have been rallying for months now why the sudd

and out of some of the other global business stories making news. intel says it has received licenses from u.s. authorities to continue supplying certain products to while away it enables one way to continue its production of notebooks the us tightened its export controls last week dictating that firms cannot supply the chinese tech giant with electronic components using american technology. airbus has unveiled 30 emission passenger plane designs using hydrogen powered technology the european manufacturer said they could enter service by 2035 this comes as airlines are under growing pressure from governments to tackle carbon emissions of facing an unprecedented slump of demand amid the coronavirus pandemic. and of tons has announced further cut backs on flights and personnel due to the coronavirus pandemic currently at least $150.00 planes are due to be junked and the company warded would likely be forced to eliminate would then the previously announced 22000 jobs over the next 5 years. all the pandemic has made public transport unappealing for many

and now to some of the other global business stories making news. b.m.w. has to pay an $18000000.00 fine to u.s. regulators the securities and exchange commission accused b.m.w. and 2 of its subsidiaries of inflating sales numbers between 201520192 meet internal targets and imprison vestas during a bond offering b.m.w. accepted the penalty without admitting or denying the findings. british finance minister richie sonar has unveiled an emergency jobs program to replace the current furlough scheme the new policy will see workers get up to 77 percent of their normal salary for 6 months. up to make his including tender spotify and fortnight are demanding apple and google change the way they do business the app makers have formed a coalition for apple fairness they say apple and google take to largest share of app store profits and unfairly highlight their own products. grandpapa is probably the most enthusiastic fans of the world on the band the drain supreme among the k. pop icons is d t s now the band's hardcore fans cannot only collect posters and other mer

one a lot of people really experiencing a tough time against plata in new york thank you so much. 900 some of the other global business stories making news tick tocks potential buyers are trying to find ways of acquiring the company while complying with new to chinese rules on tech exports options include not including key software in the sale and seeking beijing's approval to share take talks algorithm without a sale the company could be banned in the u.s. by mid september. the russian ruble fell sharply on wednesday after the german government concluded kremlin critic alexina valley had been poisoned with a nerve agent the ruble lost more than 2 percent against the us dollar with $1.00 worth more than 75 balls. united airlines says it will furlough more than 16000 employees in october the number is considerably lower than the expected 36000 layoffs but still one of the worst average days in u.s. airline history the carrier said it would postpone for lows if washington approved more funds to help airlines. saying on this topic the decline in global travel has of course catapulted the aviation industry into the bigges

residents of green haida to next year's opening festivities now it is some of the other global business stories making newsfacebook will buy new political ads on its platform one week before the us elections in november as part of efforts to battle dish information the site will also add a label to any post that challenge election results see you know mark zuckerberg said the move will lower the likelihood of any last minute smear is going on contested. the trumpet ministration is conflicts some of the $3000000000.00 in contracts to 5 ventilators and orders months ago because the national stockpile is a ready enough to react to the coronavirus the suppliers including phillips are likely to do with future a man of revenue. france of government has unveiled a massive stimulus package to offset the worst effects of the coronavirus the $100000000000.00 euro spending plan includes a major investment in transport and green energy and a commitment to make the country more competitive front of currently experiencing at some worst economic crisis since world war 2 but the government expecting a lot of $805.00 in jo

lost in britain since the pandemic gained pace in march you know to some of the other global business stories making news turkey financial bank has raised its main interest rate by 2 percent as it tries to hold the year up from historic lows the move cause the lira to gain one percent against the dollar many investors welcomed the move as a show of independence president rhetoric tirebiter one opposes higher rates. tick tock has filed an injunction to stop the united states from bombing downloads of the app the embargo is due to go into effect on sunday but if take talk doesn't reach a deal to sell its american operations before then u.s. president donald trump accuses the company of being in cahoots with the chinese government hong kong has formally objected to u.s. plans to label the islands products made in china the move by washington is the latest response to a new chinese law curbing freedoms on the island for local producers the measure comes as a blow job news feed the call reports. it took a 1000 steps to assemble hundreds of tiny components that's how a delicate to a beyond watches made william

now to some of the other global business stories making news british finance minister richie soon unveiled an emergency jobs program to replace the current furlough scheme a new policy will see workers get up to 77 percent of their normal salary for 6 months. turkey central bank has raised its main interest rate by 2 percent as it tries to hold the lira up from historic lows the move caused the lira to gain one percent against the dollar many investors welcomed the move as a show of independence president russia tired to one opposes higher rates. german carmaker folks live in is to compensate former workers in brazil for persecution they suffered during the country's military dictatorship between 19641985. collaborated with the regime to identify its suspected opponents were then fired detained by police on sometimes even tortured. california is to ban the sale of gasoline only cars by 2035 in a bid to combat the effects of climate change the move a 1st in the u.s. received a mixed response from carmakers california the largest car maker in america markets i'm sorry in america has been bat

the plan would also extend loans for businesses. 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. i'm ritika gupta. this is bloomberg. ♪ >> i would say to you sensible, efficient, targeted measures might be helpful. i don't think we need another gigantic, multitrillion dollar package. jonathan: very little sign in washington of the spread between democrats and republicans coming in on fiscal stimulus. on this thursday morning, price action shaping up as follows on the s&p 500. a little bounce off the lows of the last hour. we are -0.3%. we will talk about that a little bit later as we count you down to the open bell. story atnd market, the the moment, there isn't one. market, crudety just south of $40. $1.1647.ar, claims,minutes from it's been underplayed in the news flow today, we forget that 800,000 plus is onyx of double -- is on a separable. jonathan: totally on except -- is unacceptable. jonathan: totally unacceptable. the argument most people are

now to some of the other global business stories making the news the russian ruble has remained flat after wednesday's shop for all the currency slumped against the dollar after the german government said kremlin critic alexina valmy had been poisoned with a russian made nerve agent western leaders have demanded an explanation from moscow . and the world's biggest online retailer amazon says it aims to create 7000 new jobs in great britain by the end of this year a welcome bruised to the country's coronavirus its economy the new jobs will take amazon's total u.k. workforce to $40000.00. now france's government will unveil details of a $100000000000.00 euro coronavirus recovery plan and just a few minutes time it will aim to restore french economic growth 229000 levels within 3 years the plan is expected to create $160000.00 jobs next year save struggling businesses and pull the country out of its worst economic slump since the 2nd world war among the industries hit particularly hard luck story goods and the agricultural sector. the finest grapes in the world grow here in champagne co

to some of the other global business stories making news. tick-tock has avoided a ban in the united states for now at least after u.s. president donald trump appeared to show support for a proposed deal but within the company partner with american firms oracle and wal-mart washington says the plans mean no american daisho would end up in the possession of the chinese government's. general electric have announced it will no longer build coal fired power plants she said it will continue to maintain existing facilities but will no longer manufacture any new ones the announcement is part of the company's broader shift to renewable energy. the richest one percent of the world is responsible for 15 percent of total carbon emissions the finding appears in an oxfam report published ahead of next week's un general assembly the data covers the period between 1009 $12015.00 and during which harmful emissions doubled. now to a story about seeing business and politics collide if the way nya is among the countries that has been strongest in its condemnati

for about 8 percent of carrying thing a tough time against clutter in new york thank you so much. 900 some of the other global business stories making news. tick tocks potential buyers are trying to find ways of acquiring the company while complying with new to chinese rules on tech exports options include not including key software in the sale and seeking beijing's approval to share tick tocks algorithm without a sale the company could be banned in the u.s. by mid september the russian ruble fell sharply on wednesday off to the german government concluded kremlin critic alexina vonnie had been poisoned with a nerve agent the ruble lost more than 2 percent against the us dollar with $1.00 worth more than $75.00 roubles. the united airlines says it will furlough more than 16000 employees in october the number is considerably lower than the expected 36000 layoffs but still one of the worst average days in u.s. airline history the carrier said it would postpone for lows if washington approves more funds to help airlines. saying on this topic the decline in global travel has of course catapulted the aviation industry into

now to some of the other global business stories making news. nikkei is taking a victory lap after its stock surge 9.7 percent in whedon's day trading the sportswear giants as they've rise in online shopping helped to offset falling sales in brick and mortar stores. u.s. banking giant j.p. morgan chase is set to move $230000000000.00 in assets to germany as it shifts its european business out of the united kingdom it's hoping to complete the move before the brics a transition period expires at the end of this year. u.s. president donald trump has announced new restrictions on cuba american travelers will no longer be allowed to stay at properties owned by the cuban government nor will they be permitted to import cuban cigars or liquor it's the latest move in a series of attempts to cripple the country's economy. consumer sentiment has stabilized in germany with a growing perception that the country is on the road to recovery one major factor is the increase in the number of people returning to work after a government support scheme kept them on

in new york thanks so much and a great weekend. now to some of the other global business stories making news google's parent company alphabet is to pay $310000000.00 to settle a lawsuit over how it handled sexual misconduct allegations thousands of google employees staged a walkout in 2018 after it emerged that on board creation of the reuben received millions in severance pay while facing misconduct allegations. b.m.w. is to pay $18000000.00 to settle allegations that it inflated u.s. sales figures between 20152019 apparently with the aim of impressing investors during a bond offering the german car maker except at the penalty without admitting or denying the findings. authorities in per brut have seized 11 tons of shark meat that was due to be shipped overseas a kilo of it fetches up to $900.00 on the black market making is a lucrative cause for criminals sharks are protected species in many parts of the world. cuba is a land of 2 currencies the 1st the cuban paizo is the money most cubans use day to day the 2nd the convertible paizo or cooke is known as the tourist cur

to some of the other global business stories making news. tick-tock has avoided a ban in the united states for now at least after u.s. president donald trump appeared to show support for a proposed deal with the company partner with american firms oracle and wal-mart's washington says the plans mean no american daisho would end up in the possession of the chinese government. general electric has a nice it will no longer build coal fired power plants she said it will continue to maintain existing facilities but will no longer manufacture any new ones the announcement is part of the company's broader shift to renewable energy. the richest one percent of the world is responsible for 15 percent of total carbon emissions the finding appears in an oxfam report published ahead of next week's un general assembly the data covers the period between 1009 $12015.00 and during which harmful emissions doubled. now to a story about seeing business and politics collide if the way india is among the countries that has been strongest in its condemnation of be

now to some of the other global business stories making news. intel says it's being given the green light to continue supplying certain products to huawei the news comes after the us introduced new export controls that prevent firms from supplying the chinese tech giant with electronic components that use american technology. german chemical giant b a s f is planning to cut to size the jobs in its newly created business services unit the company is sitting on a nearly 900000000 euro a loss for this year to falling orders from the automotive industry. the international air transportation association wants governments to speed up the development of rapid virus tests the lobby group says developing instant tests which can be administered in airports is key to protecting passenger safety out of restarting the stalled airline industry. the coronavirus has put many people off public transport leading to soaring demand for an eco friendly 2 fields alternative demand for bikes is growing faster than many suppliers can keep up with at the world's largest

now to some of the other global business stories making news. intel says it's been given the green light to continue supplying certain products to flyway the news comes after the us introduced new export controls that prevent firms from supplying the chinese tech giant electronic components that use american technology. airbus has unveiled $30.00 emission passenger plane designs using hydrogen powered technology that european manufacturers said they could enter service by 2035 this airlines come under growing pressure from governments to tackle carbon emissions while facing a big slump in demand because of the continent. general electric has announced it will no longer build coal fired fired power plants cine said it will continue to maintain it. distinct the silkies budget will no longer money factor any new ones you know it's just part of the company's broader shift to renewable energy. now the coronavirus has put many people off of public transport this in turn has led to soaring demand for an eco friendly to field alternative to mind for bik

now it's use some of the other global business stories making news. intel says it's been given the green light to continue supplying certain products to flyway the news comes after the us introduced new export controls that prevent firms from supplying the chinese tech giant electronic components that use american technology . airbus has unveiled $30.00 emission passenger plane designs using hydrogen powered technology that european manufacturers said they could enter service by 2035 this airlines come under growing pressure from governments to tackle carbon emissions while facing a big slump in demand because a pandemic. general electric has a nice that will no longer build coal fired fired power plants said it will continue to maintain. existing facilities budget will no longer money factor any new ones unites and it is part of the company's broader shift to renewable energy. now the coronavirus has put many people off of public transport this in turn has led to soaring demand for an eco friendly 2 field alternative to man for bikes is growing faste

now to some of the other global business stories making news google's parent company alphabet is to pay $310000000.00 to settle a lawsuit over how it handled sexual misconduct allegations thousands of google employees staged a walkout in 2018 after it emerged that would create a reuben received millions in severance pay while facing misconduct allegations. b.m.w. is to pay $18000000.00 to settle allegations that it inflated u.s. sales figures between 20152019 apparently with the aim of impressing investors during a bond offering the german carmaker accepted the penalty without admitting or denying the findings. authorities in pervert who have seized 11 tons of shark meat that was due to be shipped overseas a kilo of it fetches up to $900.00 on the black market making is a lucrative cause for criminals sharks are protected species in many parts of the world. cuba is a land of 2 currencies the 1st the cuban paizo is the money most cubans use day to day the 2nd the converse for paizo or cook is known as the tourist currency it's commonly used in foreign foreign exchange transactions the go

now to some of the other global business stories making news online retail giant amazon is planning to create 7000 new jobs in britain by the end of this year it's a welcome boost to the country's coronavirus his economy the new positions will increase on the phone to total u.k. workforce to over 45 minutes. the united states is reducing aids to ethiopia fighting lack of progress in resolving a dispute over a huge down project on the river nile ethiopia has continued to work on the job which downstream countries egypt on sudan that say threatens their water supply. could ghana become a car manufacturing hub for west africa the government is hoping so it's trying to lure international car companies to the country to do that it's introducing a ban on imports of vehicles that are 10 years or older it's a significant move used cars make up 70 percent of vehicle imports to ghana date of your correspondent i collect c. sent us this for force. just a few fixes salvaged and used cars imported into ghana it works from the space into a mine a capital a craft. he and his him please fix more than

the bank says employees need approval for any outside business activities. global news4 hours a day on air and at bloomberg to take -- quicktake, powered by journalists and analysts in more than 120 countries. this is bloomberg. annmarie: thank you. tech takes a hit as opposed pandemic world. our guest host says not a time to dig tech yet. that's coming up next. this is bloomberg. ♪ >> the ipo is a price discovery process. we were after a set of institutional investors. people that can hold multibillion-dollar positions for 5-10 years. people that don't chase momentum either up or down. his company's record ipo. bring up the board. snowflake made a name for itself yesterday with the biggest u.s. ipo of the year. the largest ever for a software maker. look at that. up 111% on its debut. manus: it did get higher than that at one juncture. it made it to a $70 billion valuation. we will stay with tech. commentswell, his pushing the sector lower today. the s&p 500 fell aztec stalled -- as tech slid by 2%. nasdaq futures traded layer this morning. looking at snowflake. i'm go

now to some of the other global business stories making news boeing's grinded 737 mach could receive record free approval to resume european flights in november that's according to the e.a.s.a. europe's chief aviation safety regulator local flight could however it keeps the scandal plagued model grinded well into next year. the british finance minister has unveiled an emergency jobs program to replace the current furlough scheme the new policy will see barker's get up to 77 percent of their normal salary for 6 months. in india thousands of farmers have taken to the streets to protest against proposed agricultural reform critics of the plan changes say the new rules will allow the government to stop buying grain guaranteed prices even leaving them at the mercy of private buyers the government for its part says the new rules allow farmers to sell to institutional buyers unthink retailers such as wal-mart. now korean pop both of the world's most enthusiastic fans among the bands that reign supreme is b.t.s. now for the 1st time hardcore fans don't have to settle for posters and other me

now to some of the other global business stories making news . south africa's ailing state run power company eskom hasa suspended the monitors of 2 power stations it blames for exacerbating breakdowns that led to widespread power outages the firm announced it would reduce power cuts to to know where to mont and improved whether for years eskom has struggled to manage the flight from aging coal fired plants. and german pharmaceutical company cure back is to receive more than 250000000 euros to develop a coronavirus vaccine the german ministry for education and research approved the funding care package is among a small number of companies using an r. and a technology experts say it could allow rapid inoculation on a larger scale than traditional forms of vaccination. u.s. job growth slowed again in august as many american households find themselves without financial assistance from the government just under 1400000 jobs were added in august about 2 thirds of july's figures. job losses mounted faster in the us than anywhere else at the beginning of

now time for a look at some of the other global business stories that are making the news german manufacturing orders have risen for the 3rd month in a row following a devastating decline during the coronavirus and the value of orders rose nearly 3 percent but that is slightly less than expected still rising orders are an important sign that germany's most important industries are getting back on track. the trump administration is canceling some of the $3000000000.00 worth of contracts to buy ventilators ordered months ago the white house says the national stockpile is already enough to react to the coronavirus pandemic as suppliers include dutch multinational philips. facebook will ban new political ads on its platform just a week before the u.s. elections in november as part of efforts to battle this information the site will also add a label to any posts that challenge election results mark zuckerberg said the move will lower the likelihood of any last minute mir's going uncontested. and global markets followed new york down after tech shares delivered wall street's worst day since june app

for tech talk not only to survive this danger but to to bridge its business into an even larger global global arena i think that it's a new form of business something that we haven't seen in this country since the banana republic years john foster dulles but on the other hand i think it's i think it's the type of logic that we would see from the type of businessman that trump is he tends to play pretend ship both in foreign policy and his business dealings wherever he thinks he has a strength he tries to leverage that create a crisis and then went on terms and you know i think that's what we're seeing here but i don't think that he got everything that he wanted in this deal and i don't think that this strategy will work broadly whether foreign policy or u.s. commercial relations with companies in other countries affect i think that it's sends a very dangerous signal to countries around the world that that you may be next. as all the best reporters say only time will tell we'll continue to follow it 27 pulse one moscow time thanks for watching this monday jackie's here in house and i'll be back again tomorrow maybe catch y

new findings have researchers made. information and background into. the corona update code 19 special. monday to friday on d w. business t w news live from birdlet remembering the victims of a globalandemic the corona virus is now officially claimed more than a 1000000 lives it is a tragedy spreading across nearly 200 countries that have even its family in belgium left grieving by their loss also coming up. to the top.

mnuchin described the details of this deal. 20% ownership by walmart and oracle in this new global tiktok businessthe data would be held in the united states. the algorithm would remain in china and remain under the ownership of bytedance. bytedance said we will continue to be the majority owner. then you have president trump saying if bytedance is the majority owner, i am not going to sign off on this deal. consequently you have china state media saying if you are going to force this tiktok selloff to majority ownership by the u.s., china is not going to stand for it. there are broader input patient beyond this deal -- implications beyond the steel, that -- this deal, that beijing does not want to be setting a precedent over technology and the competition we are seeing. it is looking uncertain. the opinion piece in state media saying if bytedance is forced to give up control, china is unlikely to sign off. shery: coming up, in the bag. confident it can pocket nearly $18 billion in a hong kong share sale. details ahead. this is bloomberg. ♪ people familiar with the impending blockbuster deal listi

new york. now to some of the other business stories making news. cruise giant carnival has announced close to $3000000000.00 in quarterly losses most of its global feat remains fleet that is stocked with cruise the suspended due to the bidding demick but the corporation says there were signs of recovery and that demand for cruise holidays was back to 2018 levels. the coronavirus crisis cost the global tourism sector $460000000000.00 in lost revenue during the 1st 6 months of 2020 the number of people traveling plunged the u.n. said tuesday international tourists arrivals fell by 65 percent with seeing the steepest decline. astra zeneca has resumed cove in 19 vaccine trials in south africa that's coming a week after tests were paused due to syria and some serious side effects in a participant in britain some 2000 volunteers in south africa are taking part in the trial. apple apple has announced a brand new fitness service the app will allow users to work out to video sessions with real trainers it's designed to link up with the company's apple watch a new version of which was also announced today it's. now the experience of dining out if one can dine

business outright. shareholders is a quick capital would take stakes in the new business. global cases have millionhe 29 mark. and the world health organization has reported more global cases in a day than ever before. india remains the second worst affected country and a surge has seen 90,000 cases reported each day for the past nine days -- past five days. the country has 4.8 infections -- 4.8 million infections. one day after astrazeneca announced its vaccine trials resumed in the u.k. with oxford university, reuters is reporting they remain halted in the u.s. it says regulators are still examining the side effects suffered by british patient. the fdathe company nor would immediately respond to requests for comment. the u.s. is recommending americans reconsider travel to hong kong. the state department raised its advisory the city based on the implantation of the national security law. u.s. citizens in hong kong are strongly encouraged to avoid any demonstrations. the moves comes as u.s.-china ties remain strained. in beijing's kite grip over hong kong. global news 24 hours a

newe unveiled sanctions on nations or entities that do business with iran. referred to venezuelan president maduro as the former president of venezuela, a reference to u.s. recognition of opposition leader juan guaido. globalay on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. amanda says welcome to bluebird markets. amanda: live from toronto, welcome to bloomberg markets. vonnie: i am vonnie quinn. global stocks in the red, it's closing -- the longest losing strength -- streak since february. discount.ic we discuss art and auction houses with the ceo of christie's. likes of justice ruth bader ginsburg. we discussed the legal legacy of the late justice and the high-stakes fight over whether to fill the court vacancy before the election, amanda. certainly seeing a negative tone across stock markets to kick off this week and some of that is uncertainty on the political front, not least, arguably, that supreme court nominee broiling markets -- broiling markets, but you could also put on the list china. china-u.s. trade back in focus. and of course, that probe today cut a lot of people by surprise. bank stocks are

the country has moments today against the forces of globalization but the most trickling in. smartphones business ideas and very new dreams with that. little. detail you know. in the eye of climate change. africa's mix of. what's in store the be the best to come for the future the best. comforting megacities. to get inside. the bench or. i'm neal i'm good looking but 2nd season only translates to about the environment still about society and it's still about us but all planets on the brink spoke to several leading experts in the field. like i just live only real sense of. place. blame free to any it is full of surprises plain stomach all out. to do something absurd one of the indians play the footsteps of the great cleveland in missouri northernmost town the fleet street played 3 times wanted to still marry much alive. challenge to specialise in germany good players recognize where exactly plane was flying. during the last hours culture history of their. travel extremely worth of. life on earth minute succumbing to and play gigantic coincidence eh back to the previously the earth was just a messy chemistry lab some

the bank says employees need approval for any outside business activities. global newsan bloomberg updates by more than and analysts. >> coming up on the program, janice henderson says low rates from the fed will make short-term treasuries your morning bid. this is bloomberg. >> welcome back to european market open. 20 minutes until the start of thursday's cash session. you've be pretty if followed these markets. let's talk to juliette salley, she's been waiting for some analysts. she joins us from singapore. you're looking at what the feds lower for longer yields mean. what have you found? >> that's right, anna, as you were saying before, look, perhaps the front ends is a place to hide here knowing that we do as the fed said it's going to be lower for longer. these lower interest rates for three years. but they are expecting that the curve will move to a steepening further. the analysts including nick moritz saying in terms of the fed they're not mentioning with their asset purchase plans. this is a bullet that the feds want to hold on to the we see a deterioration. th

you're one of the world's most iconic bands, even during a global pandemic, you can always get what you want. anchor: time now for business newsith stephen carroll that joins me in the studio. you're starting with news of travel of a major merger deal in e e luxury secector? stepephen: tiffany's is suing te for failingury giant to complete the 16 billion euro takeover of the company. tiffany clclaims t they are delg the regulatory process tovoid finalizing a deal before the november 24 deadline. position to a complete the deal in its current state. the takeover was originally agreed to in 2019, but the cocoronavirurus pandemic has impacted both companies. the frerench group was also askd by francis foreign minister to dedefer completing the d deal do a u.s. t threat of tariffs on importofof luxury gogos. in s switching to electric vehicles, the cars will be f fuy electrtric in europe a and north americica by 2030 and globally y 2040. they w will help save half a llllion nsns of carbonon emissions. taking a ride like this can amid 40% more carbon compared to driving your own car. the right healing app -- ride-hailing h happ wan