former australian prime minister kevin rudd.companies are beginning to look for ways to ease disruption to the global supply chain. some say technology has prompted two big trends in our companies make their products around the world. there are fundamental changes that and trends in the market. on the one hand, a reassuring because of the new technologies that you see that enable also higher labour costs countries to bring back production and on the other side, if you look at asia, a general trend independent of the macro production moving out of the macro production moving out of china and into asean. probably they can be propelled the fundamentals are independent of this. a lot of manufacturing shifting from china to asean but can they keep up with china? particularly the made in china 2025? in the end for asean the challenge will be to upscale the people because this is the biggest challenge for all these countries. technology is there but you need to upscale the people because only the combination of people and technology wi

thank you for joining us kevin rudd, former australian prime minister >>> for european viewers, stayr our coverage of impre minister theresa may's statement to the house of commons. for u.s. viewers, "worldwide exchange" is coming up next. xfinity mobile is a new wireless network designed to save you money. even when you've got serious binging to do. wherever your phone takes you, your wireless bill is about to cost a whole lot less. use less data with a network that automatically connects you to the most wifi hotspots in millions of places and the best 4g lte everywhere else. saving you hundreds of dollars a year. and ask how you get xfinity mobile included with your internet. plus, get $200 back when you when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. >>> breaking brexit news the pound plunging as theresa may's top brexit secretary resigns. we are live in london with those details. >>> markets right now, the dow moving lower as it extends its longest losing streak since august >>> and crude realities. oil did snap a 12-

kevin rudd now runs the asian institute. brief you on some other business stories: eurozone finance ministers are piling on the pressure for italy to change its spending plans. the ministers ended a late night meeting in brussels by backing demands from the european commission for rome to submit a revised budget by november 13th. italian leaders say their plans are affordable, and that they won't back down. lego has won a new intellectual property case in china, after a court agreed that four local companies had illegally copied its building blocks and miniature figures. the guangzhou district court ruled that the firms should immediately cease the production, sale and promotion of the toys and pay compensation. lego won two similar cases last year. americans go to the polls later today in one of the most competitive midterm elections in years. it's being seen as a referendum on president donald trump. one of the states with a tight senate race is indiana, which is the biggest steel making state in america. it's also the cou

everyone else i have spoken to at the forum, including the likes of former australian prime minister kevin ruddged the us is firmly entrenched in a trait spot with china but they accept that how they get along will determine global stability and growth. thank you so much. the new economy for is taking place in singapore, interesting to hear what the delegates are discussing. a much weaker yen injapan, higher across the board in asia, markets are ina across the board in asia, markets are in a real holding pattern with the us going to the polls today for the us going to the polls today for the mid—term elections. let's look at europe trading at the moment. some of the big losers in london, morrisons, one of the biggest losers on the ftse 100, morrisons, one of the biggest losers on the ftse100, down over 4%. also bookmaker william hill's shares are down over 7%, it has lowered its outlook for future profits. down over 7%, it has lowered its outlook forfuture profits. new down over 7%, it has lowered its outlook for future profits. new look has very disappointing sales, some big names are struggli

kevin rudd back from china. we'll follow that very closely. the president has a long trip ahead of him. he might be tweeting so there is that. the battle between microsoft and apple to be the world's most valued company for the time-being. former top official at microsoft why he favors that company over that other company. after this. ♪ neil: we're getting confirmation from the white house it plans to hold a roundtable with technology executives including principles at microsoft and google, oracle, and qualcomm. there could be others as the list grows. former microsoft coo. always good to have you. what do you make of that? >> i think what you're see something that the tariffs have been a burden that caused a lot of negativism and the president is anxious to get the take from these technology companies who are quite die pen dent on foreign -- dependent on foreign talent and tariff discussion and talent discussion people being forced back to their own home countries because of our crazy companies with regard to technologists need to be put on t

. -- kevin rudd. >> the objective needs to be that both countries recognize that i fundamental conflictwill destroy hope and lead toorder conflict. i am fairly optimistic that it -- >> there is a deep realization in beijing that there is a fundamental shift in the american take on china. they see china no longer as a but changingwer international realities and in a washington no longer sees as compatible with its interests and values. we are in new terrain this year. >> we welcome from washington erin ennis, she is the u.s. china business council senior president. i have heard two different takes there. henry kissinger saying these two great powers have to recognize they are bound to one another in fate whereas kevin rollins is saying there -- kevin rudd is saying there is a shift in china. where do we stand? are you moving towards each other or away from each other? remarks thek at the vice president of china made in which he said china would not be bullied by outside powers but that china was ready to do a deal with the u.s. on trade issues. i think you can have both realities and hav