you know of several of a foreign including foreign brands like the h b, lenovo. they were very interested in manufacturing in india, but then this licensing requirements suddenly, you know, uh, made their plans uh, go topsy turvy. so uh, initially the scheme uh was due this licensing requirement was to kick in from september. then the government probably had to rethink and the date was extended to november. and now that i'm media reports that are claiming that the licensing requirement may not be implemented for at least the next few months as well. so it appears that there's been some rethinking government policy as far as this licensing requirement is concerned. but the objective essentially remains to be the same. that is to incentivize local manufacturing. let's talk a bit more about this 2000000000 dollar incentive program here. apple has not applied for it, even though some leaders in delhi had been hoping the company would. why would you say it's a bit of a surprise to some people, but uh many believe that apple is, is, is really for us, but very focused o

but they're not the only ones with manufacturing operations and india to a ser, apple dell, lenovo and samsung also make hardware in the country prime minister and the render . moti is expanding india manufacturing sector as companies diversified production beyond china and the growing tension between washington and beijing s n t, a guarantee for the dw correspondent char cartridges, following the story for us from delhi charo. this incentive plan by the government seems to be gaining traction there. what are the companies getting under this incentive plan? well, it, chris, it's specifically a production link incentive plan, especially specifically designed for manufacturing off of laptops, tablets, bc's, so was a cetera in india. uh, its budget is about 1900000000 euros. according to the scheme and incentive of 5 percent will be provided by the government of india on net increment to sales by a company. that's a big incentive earlier this percentage was lower than it was high once again, companies will get an additional option incentive of cheapest. and if they use confidence made and

they are offering a hybrid ai solution, which means use nvidia's ai cloud service but run on lenovo's so think of it as a big mix of both companies together so that you can run your models on the cloud and on location at say the nasdaq or whatever company location you are around the world. it sounds super techie, but the takeaway is that nvidia's ecosystem is further integrated into other company's ai platforms. so it's not just about the gpu chips that are in backlog, but nvidia's various software and cloud programs. nvidia shares are lower this morning. you can see on the intraday chart, the company said that export controls are already in place, versus the 30 days from october 17th that it was initially supposed to start. so that timing has been moved up, but the reaction is priced into the stock when news hit last tuesday, which is why it rebounded after this morning, kelly. incredible developments last couple of days. christina, thank you. >>> and closing bell overtime, a lot more on this story with the ceo of qualcomm in a first on cnbc interview at 4:00 p.m. eastern time. don't

google is pre installed on android phones from samsung, lenovo, or l g. even apple as google search, and it's safari browser by default bar step. so, because google pays billions of us dollars each year to devise make us and browse up developers according to the us department of justice, all the o j plus all the use of data. a google connects create an even bigger advantage for the tech giant a deal j a tony class. this has been going on for years. this feedback loop. this wheel has been tony for 12 years, and it always turns to google's advantage kind of been so from the us department of justice set that makes it really hard for us to compete. what about alternatives or? well, there really are plenty of other search engines. google says that product is also set as default because they offer the best service. the competition strongly disagrees. spokes person of the search engine provided to go said prior to the trial, google makes it on june. it's difficult to use dr. go by default. the fact is, google is big, meaning guessing into this market is so tough

google is pre installed on android phones from samsung, lenovo, or l g. even apple s google search and it safari browse that by default, was that so because google pays billions of us dollars each year to devise make us and browse up developers according to the us department of justice, all the o j plus all the use of data that google connects create an even bigger advantage for the tech giant deal j a tony class. this has been going on for years. this feedback loop. this wheel has been tony for 12 years, and it always turns to google's advantage kind of been so from the us department of justice that, that makes it really hard for us to compete. what about alternatives? well, there really are plenty of other search engines. google says that product is often set as default because they offer the best service. the competition strongly disagrees. spokes person of the search engine provided dr. go said prior to the trial, google makes it on june. it's difficult to use desktop go by default. the fact is, google is big, meaning guessing into this market is so t

google is pre installed on android phones from samsung, lenovo, or l g. even apple s google search, and it's safari. browse that by default wife, that's so because google pays billions of us dollars each year to devise make us and browse up developers according to the us department of justice, all the o j plus all the use of data. a google connects create an even bigger advantage for the tech giant deal j a tony class. this has been going on for years. this feedback loop. this wheel has been tony for 12 years, and it always turns to google's advantage kind of been so from the us department of justice set that makes it really hard for us to compete. what about alternatives? well, there really are plenty of other search engines. google says that product is also set as default because they offer the best service. the competition strongly disagrees. spokes person of the search engine provided to go said prior to the trial, google makes it on june. it's difficult to use dr. go by default. the fact is, google is big, meaning guessing into this market is so toug

lenovo and cdw. ♪ >> welcome back. it's the first installment of our special consumer coverage.tionary sector falling nearly 5% since the last fed meeting in september. key bank out with a note warning that higher interest rates could be pointing to more risk ahead for consumer credit. the average credit card rate is now up 21%, the record high. for more i am joined by tedrosman here on set with me along with hennessy fund's neil hennessy. you brought your top consumer pick and welcome to you both. first of all, give us the landscape. it seems like one day we hear that the consumer is still strong by a variety of metrics and the next day the picture does not sound as good. >> this is the nature of the economy right now. we have all of these ups and downs. i thought bank earnings recently were pretty positive about the state of the consumer and blink witnessies. delinquencies. i feel like normalization is back to levels of delinquencies after being artificially low. no doubt higher rates are squeezing people, but i think people are hanging in there and they've been remarkably res

i that are the rebels prepared to stay and fight for a lenovo at this point. absolutely. the shots, uh, tactics and a series of being practiced on the streets of syria as we speak. now, what we do is promote these tactics and explain them to people through the facebook pages that we have and also the youtube channels. this is how you all fine from you know, putting flowers on these spots way forward in here. sell any demonstrations from graffiti campaign while you march from the cleaning streets and making it, you know, nice the best site is we can do something even better than maybe redeem can do in terms of uh uh, services the easiest, but uh do you do the daily g beautiful sheets, you want to go see, but the, the dp threats any decades of the city. and then uh the, and is i can see the admin uh outside edge look to have it on belmont. okay. on a medical move, you find it on the front of the civic one. 0 $1.00 on that mean month the codley. the last good. he looked the jim moore has that a job with them to see the and have in the will supply in that amount. but as long

i that are the rebels prepared to stay and fight for a lenovo at this point. absolutely, the sauce to, ah, the dixon and the series of being practiced on the streets of syria as we speak. now what we do is promote these tactics and explain them to people. certainly facebook pages that we have. and those are the youtube channels. this is how you all find from, you know, putting flowers on these thoughts way for them here. so and the, the most raisins from graffiti campaign, why you march from cleaning streets and making it, you know, nice the best site is we can do something even better than maybe with team can do in terms of services the basis. but do you do the daily team, the tools you'd see on it go see, but the meeting, the people that see need to guide the story and then uh, scan is i can see the admin uh outside ej look to have it on belmont. okay. on a medical move, you find it on the front on that because i want that mean monthly, costly the last that he looked at, jim moore has got a deal with them to see the i'm in of, in the will supply in that amou

children getting out from what you understand. ivan, are the rebels prepared to stay and fight for a lenovo at this point. absolutely. de solvece, a tactics and a series of being practiced on the streets of syria as we speak. now, what we did is promote these tactics and explain them to people. certainly facebook pages that we have, and those are the youtube channels. this is how you all fine from, you know, putting flowers on these thoughts way for them here or sell any demonstrations from competing campaign. why the marsh, from the cleaning streets and making it, you know, nice the best site is we can do something even better than maybe what team can do in terms of services. the easiest buckeye to can assist being to, to g mail do because you too and they don't seem to defeat that. so you need to guide the story. and then uh i can, uh is, i can see that been uh outside of me look to have it on belmont. okay. on a many account move, you find it on the front of the civic one. 0 one on that mean month because the, the last good. he looked the jim moore has the joe way down, busy the i'm and

children getting out from what you understand. ivan, are the rebels prepared to stay and fight for a lenovo at this point? absolutely. the sauce uh, tactics and a series of being practiced on the streets of syria as we speak now to what we did some of these tactics and explain them to people. certainly facebook pages that we have and also the youtube channels. this is how you all find from, you know, putting flowers on these thoughts away for them here, or sell any demonstrations from graffiti campaign. why you march from the cleaning streets and making it, you know, nice uh best site is we can do something even better than maybe with team can do in terms of services the basis. but god can assist you to to jean because you to want to go see that the meeting. does he need to guide the city and then uh and is i can see that been uh outside of me. look to have it on belmont. okay, own medic, i'll move you find it on the front of that because i want that mean month to costly . the last good he looked at, jim moore has got a job with them to see the and have in the will supply and that amount. b

children getting out from what you understand. ivan, are the rebels prepared to stay and fight for a lenovo at this point? absolutely. the shots, uh, tactics and then series of being practiced on the streets of syria as we speak. now, what we did some of these tactics and explain them to people. certainly facebook pages that we have. and those are the youtube channels. this is how aside from, you know, putting flowers on these thoughts way for them to use fell in the dose raisins from graffiti campaign. why the marsh, from the cleaning streets and making it, you know, nice uh and that site is we can do something even better and maybe redeem can do intensive uh uh, services the phases. but uh, do they need to, to jean if they will cause you to when they go seem to be meeting the people that you need to guide the city and then uh, in uh, is that going for you that been uh outside of me look to have it on, on belmont. okay, own a medical move you find it on the front of said because i want that mean month because the, the last good. he lifted the more uh, how's the way down, but you know, i'm

i that are the rebels prepared to stay and fight for a lenovo at this point. absolutely be shots, a tactics and a series of being practiced on the streets of syria as we speak. now what we did is promote these tactics and explain them to people. so the facebook page is that we have and also the youtube channels. this is how you all fine from, you know, putting flowers on these thoughts way for them here or sell any demonstrations from competing campaign. why the marsh, from the cleaning streets and making it, you know, nice the best site is we can do something even better than maybe jean can do in terms of uh uh, services the easiest, but uh do you do the daily g beautiful sheets you want to go see, but the, the, the people that see need to guide the city and then uh and is i can see the admin uh outside of look to have it on belmont, the own emetic on the refund it on my front us. that because i went on that mean month to costly the last good. he looked the gym or has that a job with down the sooner and have in will supply in that amount. but as long as they

children getting out from what you understand, ivan, are the rebels prepared to stay and fight for a lenovo at this point? absolutely. be solved a tactics and a series of being practiced on the streets of syria as we speak. now what we did is promote these tactics and explain them to people. certainly facebook pages that we have and those are the youtube channels. this is how you all find from, you know, putting flowers on these thoughts way forward in here. sell any demonstrations from competing campaign. why you march from the cleaning streets and making it, you know, nice uh and the best site is we can do something even better than maybe what team can do in terms of uh, uh, services the basis but uh can assist any duty daily g because you to want to go see, but the, the dp does he need to guide the city? and then uh, in uh is i can see that been uh outside edge look to have it on belmont. okay. on a many account move, you find it on the front of the civic one. 0 one. and then in a month because this the last good he looked at, jim moore has the joe way down. busy the i'm and i've in a su

children getting out from what you understand. ivan, are the rebels prepared to stay and fight for a lenovo at this point? absolutely be tough uh, tactics and a series of being practiced on the streets of syria as we speak. now what we do is promote these tactics and explain them to people. so the facebook pages that we have and those are the youtube channels. this is how you all fine from, you know, putting flowers on these thoughts way for them here or sell any demonstrations from competing campaign why the marsh, from the cleaning streets and making it, you know, nice and that site is we can do something even better than maybe with team can do in terms of services, the easiest, but god can assist me to do the daily g. beautiful sheets you want to go see, but the meeting the people attending didn't guide the city. and then uh, in uh is i can see the admin uh outside ej miller habit. oh no, belmont. okay. own a medical move you find it on for the civic one. 0 one on that mean month the costly the last good. he looked at a month, i was little joe with them to see the i'm and have in the wil

google is pre installed on android phones from samsung, lenovo, or l g. even apple and google search and it's safari, browse that by default wife. that's so because google pays billions of us dollars each year to devise make us and browse up developers. according to the us department of justice, all the o j plus all the use of data a google connects create an even bigger advantage for the tech giant, a d o j, a ton expense this has been going on for years. this feedback loop, this wheel has been tony for 12 years, and it always turns to google's advantage kind of been so from the us department of justice set that makes it really hard for us to compete. what about alternatives as well? so really all plenty of other search engines, google says that product is often set as default because they offer the best service. the competition strongly disagrees. spokes person of the search engine provided to go said prior to the trial, google makes it on june. it's difficult to use duct go by default. the fact is, google is big, meaning gets it enter. this market is s

children getting out from what you understand. ivan, are the rebels prepared to stay and fight for a lenovo at this point? absolutely de shots, a tactics and a series of being practiced on the streets of syria as we speak. now, what we did some of these tactics and explain them to people. certainly facebook pages that we have and those are the youtube channels. this is how far from you know, putting flowers on these thoughts away for them to use cell and the dose raisins from graffiti campaign. why the marsh, from cleaning streets and making it, you know, nice and that's like this. we can do something even better than maybe with team can do in terms of services, the easiest, but i don't see any duty daily g cause you to want to go seem to be meeting the people that you need to guide the story. and then uh, you know, is i can see that been uh, outside of me look to have it on, on, belmont. okay. on a medical move, you find it on the front of that because i want that mean month because the the last good the lift the gym or how's the way down but you know, i'm in of, in the will supply in that

. >>> we will also speak with pc maker lenovo with the very special partner. >>> and later in the show, the ten-year yield hovering close to 5% we speak to the old national bank ceo when "worldwide exchange" returns. stay with us i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. the power goes out and we still have wifi are likely to recommend us. to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> welcome back to "worldwide exchange." time for a check of the top corporate stories with silvana henao. happy monday, ilvana >> good morning, frank the united auto workers widening the strike against general motors over the weekend targeting the spring hill, tennessee plant. the lar

taiwan semi, sk hynix and lenovo down. we want to get a check on the bond market. jumping to its highest yield since 2006 following yesterday's retail data. you can look right now. well above 5% at 5.1%, the benchmark 4.8. pretty close to its highs this year. we have to check energies. taking a look you can see it's moving higher, up more than 3.5%, trading close to 90 bucks a barrel. brent crude, pretty close to 93 bucks a barrel. also up just about 3.5%. that's your setup for the u.s. market. now time to get a check on the top corporate stories. our bertha coombs is back with those. bertha, good morning. >> good morning, frank. microsoft and amazon reportedly teaming up on a deal involved the cloud. according to insider, microsoft would bring amazon on as a customer for its 365 cloud productivity tools, the report adding that the union would be worth over a billion dollars. over the next five years amazon is expected to start setting up the new systems early next month. >>> carl icahn is suing current and former board members of illumina over its purchase of gene

that's the money microsoft makes every time a third party like lenovo or samsung sells a pc with windowsof pc demand which we know has been cratering all year. >> absolutely. that's been certainly the soft spot. steve, we'll catch up with you soon once the numbers are out. julia, snap, i would imagine investors really have a little bit of skepticism toward this. what do you expect? >> snap shares did gain nearly 3% today into the close. the stock is down about 23% since the last earnings three months ago. on concerns about two consecutive quarters of declining revenue. the company's earnings are expected to swing to a 4 cent per share loss from 8% share gain. so the key question here is when will snap forecast a turn around to its revenue growth? analysts are looking for 2.6% revenue growth in the fourth quarter. the other key issue is user engagement in light of the ongoing popularity of tiktok and others. going into earnings, 73% of analysts have a hold rating on the stock, 15% have the sell and 12% have a buy. mike? >> yeah, and, ulall i wonder about snap's pla in the industry. how ar

lenovo makes seamless productivity possible.nt contact's advanced automation lets you send the right message at the right time, every time. ( ♪♪ ) constant contact. helping the small stand tall. ♪ ♪ ♪ ♪ the l'or barista coffee and espresso system. now brewing peet's coffee. >>> let me be clear. nobody is more disappointed than i am. adding to that list of the people disappointed. we will get together as a group and figure out the path forward. there is always a group to have conversations across the aisle? of course. was confidence eroded? yes. we will figure out a way forward. >> that was brian fitzpatrick on "squawk box" yesterday dishowin the disappointment of the ouster of kevin mccarthy. here to talk about it is congress member scott gottheimer. i guess i was going back thinking, wow. this is the group of 34 who work across the aisle. 64. 32 of each party who work across the aisle and who have always been able to talk to each other. i wondered how much tension this put on all of your relationships with each other. this exer