rbc was in that position.hey did not mention any need to go out and raise debt or sell extra equity. they can do this out of what they have on hand. it is an interesting time they are able to make these big deals pretty easily. jon: interesting. we will get a snapshot of how they are doing the report their quarterly results this week. thank you for your reporting to kevin orland on the big royal bank deal. coming up, housing playing a role in a canadian economic report. potentially giving rbc the ability to slow down the rate hiking. this is bloomberg. ♪ me things are good to know. me thlike, where to find the cheapest gas in town. and which supermarket gives you the most bang for your buck. something else that's good to know? if you have medicare and medicaid, you may be able to get more healthcare benefits through a humana medicare advantage dual eligible special needs plan. call now and speak to a licensed humana sales agent to see if you qualify. depending on the plan you choose, you could have your doctor

recognized rbc as among the negative consequences of indexing.rova calls what then you have to redistribute budget money, and resources are limited, and as a result, the pensions of non-working citizens will have to be reduced. and the pension fund also calculated that if i return indexation of the pensions of working pensioners, then half a trillion rubles will have to be found in the federal budget. therefore, the pension fund and they say working pensioners. there is a salary, and a pension for them is essentially a benefit, according to rbc in the third quarter, the number of working pensioners in russia reached 8 million 100,000 people. and this is at least since 2004. egor in economics all thanks to denis business news, the russian government is forming a unified management information system for the cooperation of science and business, its first services will be launched before the end of this year . deputy prime minister dmitry chernyshenko said this at the science and education forum in the head in the face of global challenges. such a s

here, according to rbc, referring to the federal tax service, the payment went through a terminal thatelong to the restaurant, and then these restaurants bought cash from travel companies and car dealerships. rbc adds that the organizers even had their own showroom in moscow, where they could see how the scheme works. of course, such dishonest behavior created unequal competitive advantages for such market participants and distorted the competitive field. we consistently stand for fair conditions competition. in one of the districts of st. petersburg , they held a snow removal exercise, even the fact that the snow itself did not appear at the event did not appear on clean streets, snow-removal equipment drove under the metal imitated that it was spilling reagents on the roofs, there were janitors waving empty shovels, depicting that others carried snow in them with empty snow scrapers. on the paving stones, the administration of the central district of st. petersburg explained that what is happening is being worked out a mechanism for synchronizing the discharge of snow from the roof,

compared to what happened a year ago , rbc drew attention to the statistics of the national bank of kazakhstang the money transfer systems zolotaya korona unistream and from russia to kazakhstan more than 5.5 billion rubles were sent in october. as a result, russia accounts for almost 58% of all transfers that come to kazakhstan, while more money was sent from russia to kazakhstan in october than in may in june and july, as rbc was told in the blockchain laboratory and fintech school of management, skolkovo kazakhstan could be a transit point for russians to come to other countries, and therefore the money was first transferred there, the ministry of labor of kazakhstan reports that more than 400,000 people have arrived in the country since the end of september of them, 100,000 russians still remain in kazakhstan. and the problem with paying abroad for russians arose due to the fact that visa and mastercard payment systems left the country, so all these cards were issued in russia abroad now does not work. world oil prices are rising today after they slipped yesterday to a minimum of almost a

recognized rbc as among the negative consequences of indexation.etrovna says that then you will have to redistribute budget money, and resources are limited and, as a result, you will have to reduce the pensions of non-working citizens. and the pension fund also calculated that if the indexation of pensions for working pensioners is returned, then half a trillion rubles will have to be found in the federal budget. therefore, in pension fund and say working pensioners. there is a salary, and a pension for them is essentially a benefit, according to rbc in the third quarter, the number of working pensioners in russia reached 8 million 100,000 people. this is the minimum since 2004. today , the intrigue with the new place of work of the former head of tourism growth, zarin daguzova, was resolved, according to tass and ria novosti, referring to her representative, zarin doguzova agreed to join the expert council under the government, on its website it is reported that this is an advisory body that organizes the examination of economic and socially sign

frederique carrier from rbc wealth management.oming up, we will speak with the allianz seat -- cfo, giulio terzariol on the buyback program. that is all to come. this is bloomberg. ♪ manus: this is "bloomberg daybreak: europe." i am manus cranny in dubai with dani burger in london. as you said, when you look at on high -- hon hai, the estimate was $41 billion. the income is at $38 billion. we talked about production issues with apple factories. they are at 57% of the revenue from apple. dani: many folks watching this program will know them by their tradename foxconn. their earnings also confirmed they are seeing weakness in the consumer electronics sector. they say fourth-quarter consumer electronics sales are falling. so our products. this is the theme of why apple is pulling back on producing. their biggest iphone producer. manus: we will keep an eye on that as the morning goes on. dani: in the meantime. first word news, simone foxman. >> good morning. russian troops up been ordered to withdraw from a southern ukrainian city tha

follows from the amendments to the bill to the anti-money laundering law, as rosfinmonitoring told rbct photos and videos taken after the amendments were put into effect, the department explains this is necessary in order to counteract illegal cashing out of money and fraud, for example, when one person withdraws money from several other people's cards. and they still want to find those who are wanted, while the association of russian banks notes that there is no single regulation. in what format to record, and most importantly, how long to store photos and videos now , banks are required to provide photos and videos from cameras at the request of the court, and as they say in a law firm, most often at the time when these records are needed, they have already been deleted, because their storage period and stack. trading on the russian stock market has started, but this, though not very noticeable, is likely to be investors before buying anything or decide to sell, wait, what they say at the g20 summit on the foreign exchange market is the same lull, dollar, 60 48 euros, 62, 34. the dru

rbc got acquainted with the results.ut that in july-september, alcohol took the last place in the top 10 goods and services on which russians saved. only 36 respondents saved on it. but most of all, the russians limited themselves to buying clothes, such turned out to be 71% more often than on alcohol, the russians saved on entertainment outside the home and on trips to restaurants and on the purchase of furniture and utensils. yes , even russians are ready to sacrifice their annual vacation more willingly than the cost of friday evening. the refusal to save on alcohol in the wine group, the guide of russia, is explained by the fact that alcohol often becomes perfumed for people and so people try to distract themselves in stressful situations in the research center of the federal alcohol market they say people start saving on alcohol last and explain that alcohol depending on the price leads the quotation. to a certain psycho-emotional state, so russians can buy products cheaper, but no less. and everything in the econom

now at rbc? you say things are slowing down, people start saying collapse, i don't think that is where we are. i am looking at certain nuances and the nuances are that wages are slowing. i've said this many times, i prefer average weekly earnings. i think it's a better measure of wage dynamics. if you want to look at that on the six months exchange basis, year and year is very lumpy right now. the six-month change, it has slowed down. you are running at 11.5% pace. the rage dynamic is slowing down but i think this will be a slow grind to this weak labor market. something we've been saying for a long time now. tom: how does jerome powell adjust to the slow grind that you predict? >> it's a great question because there are two ways or two boss -- two boxes they need to check. they need to see inflation slowed down he was asked what he's wanted to say and he was fake. by the time we get to the march meeting, i think inflation will have slow down enough to put this hiking cycle on pause. the next box

we're live from rbc's global technology conference. nasdaq erasing the gains as they continue to grow into make or break holiday season more on the key tech names at risk this hour plus, a look at the street's top ecommerce names amid the volatility why it's no longer anyone wins and do not miss with ar arynd krishna. >>> we're going to kick off today's feed with the latest consumer warning target down double digits. seeing the worst day since may after profits fell 50% in q3 as the company reports a, quote, precipitous decline that only got worse in recent weeks. while the company is planning $3 billion in cost cuts they're not the only ones tightening the belt. consumers cut back on their discretionary spending john, a lot of inventory coming in sooner than they had been expecting. that's leading shipping rates and more bloated goods and layoffs. >> yeah, carl, exactly their overall inventory levels have been coming down quarter over quarter then consumer demand also slowing down so this goes to what we've been talking about here for

rbc capital markets, head of marketing strategy, loricalvasina, and reminder, listen to "closing bellllowing the "closing bell" podcast on your favorite podcast app. we're hanging on to a gain up 54 points for the dow, more than that on the s&p and nasdaq going strong up 1 1/2% we'll be right back. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades and stay on top of the market. [drone speaking] technology lets drones deliver pizza. no,no,no! have a nice day. but to deliver powerful insights that are on target you need more than technology. you need cdw. we can help transform and manage your it environment with a dell technology solution, so you can use your data to innovate. wooh pizza is here! i'm still gonna eat it. me too. tip please. de

as rbc clarifies, he agreed with the tass president.ndex co-founder arkady volosh asked alexei kudrin to help him split the company into russian and international assets. precisely kudrin will have to lead the russian part of yandex in april yandex got rid of its news services from zen which sources said. rbc cited a lot of criticism from all sides, but the european union did not help by imposing personal sanctions against arkady volzh, and he resigned from all posts in the company to all this news, yandex shares on the moscow exchange reacted today, first with growth, but by the close of trading. they rolled down by five percent, and in general, the russian stock market went into the red today. maybe players like the ruble usually did not take risks before the weekend , thanks to the november peak in tax payments , the dollar rose in price, but not by much. ra euro lost 17 kopecks. each pensions of non-working pensioners will be indexed by 4.8% from january 1, the head of the ministry of labor said. anton kosyakov. he recalled that thi

i think we're back to normal right roads, rbc park service e. as snow parks rbc everywhere is absolutely busy, so it's good to be back to normal now. by around like it's not too many masks like the regulations are very relaxed. so it kind of does feel like we're like on the tail end of the pandemic. in san francisco. i mean to quintana ktvu, fox two news. today marks 44 years since the assassinations of then san francisco mayor george moscone e and city supervisor harvey milk milk was the first openly gay american elected to public office. mosconi was credited in bringing more diversity to the city hall. they were shot and killed by dan white, who had recently resigned from the board of supervisors and blamed several people, including milk and mosconi for not getting reappointed back to the seat march. in honor of the two men is set for later this evening organized or say there will also be a vigil for the victims of the mass shooting at the l g b t q nightclub in colorado. and that march is set to begin at harvey milk plaza at castro and market

it rbc hasn't.ecause it hasn't faded, there are voters who are still engaged and extremely tuned in. and independents who can flip either side are still voting democrat because they are afraid of trumpism and want to reject it. just because he is not in office anymore doesn't mean it is not animated. that is the big story. >> i think trumpism and trump are two different things. now we are in a situation where republicans are asking who is the person who can still provide trumpism, still give voters what they want in that sense. that is not donald trump. >> in talking about that and thinking about that, michigan saw these huge wins because for the first time in 40 years, they will have a democratic-controlled legislature and governor's mansion. that message was all about anti-trump and also making sure women's rights were going to be protected, lgbtq rights. i sat with the michigan governor who said it will be a national fight. the people coming up, the names we are seeing, governor whitmer being one

follows from the amendments to the bill to the anti-money laundering law, as rosfinmonitoring clarified rbclking about those photos and videos that banks are already doing. nothing new. as they say, you don’t need to withdraw, the department explains all this is necessary in order to counteract illegal cashing out of money and fraud, for example, when one person withdraws money from several other people’s cards. and also so they want to find those who are wanted in the association of banks of russia note that now there is no single regulation. in what format it is necessary to record a photo video and the main thing. how long to store materials now , banks are required to provide photos and videos from cameras at the request of the court, and as they say in the legal company sobi, most often at the time when law enforcement officers identify some kind of illegal cashing, these records have already been deleted, because the storage period is all. trading on the russian stock market these minutes are going with losses similar players decided to sell shares that, in their opinion, have risen i

has banned russian aircraft from flying on its territory, which are registered in two jurisdictions, rbc about this from its sources, and anna podgornaya, the general director of the tour operator pegas touristik, confirmed the problem in the ministry of transport, since russian airlines now have to fly to turkey for a duration of flights of egypt rose by 20-30 minutes, but the words of mana. podgornaya on the cost of tours. this was not reflected in the ministry of highway reported that negotiations should be held with the turkish authorities in the near future. the problem with double registration arose due to the fact that in mid-march the aviation authorities of bermuda suspended the airworthiness certificates of russian aircraft. they explained that due to sanctions against russia, bermuda cannot oversee their security. and on february 24, about half of the fleet of domestic airlines was registered just on reeds without such a certificate. you can’t fly even within the country, and therefore the authorities allowed airlines to re-register aircraft in russia, and now, on the one hand

demand for 5 years was shown by kazakhstan armenia tajikistan given by the fsb border service leads rbcird quarter of the country went abroad. 9 million 700,000 russians. that's almost double what it was in the second quarter, many times below the showing. prior to pandemin's 1919, 16 million russians left the country during the third quarter. well, of course, then there were simplified visa regime with europe and direct flights there. egor on the economy thank you denis talalaev with business news new aggravation of the situation in kosovo the president of serbia expressed the opinion that almost tectonic shifts are taking place in the unrecognized republic serbs have left all institutions of power in kosovo, rallies in the streets, and in the press. this new result of tension is called the planned action of brussels who benefits from the escalation of the kosovo conflict sergey khloshevsky dealt with the serbian enclave, state flags are everywhere, but not kosovo but serbia local serbs took to the streets, in fact, defending their right to exist. the day before, as a sign of protest a

were 48.5% now 51 1/2 - these are data from the nielsen q iq research company, which was reviewed by rbcame out tea, instant coffee, pasta and olives a year earlier, most of the discounts we had were chocolate dishwashing detergents and loose sweets. and in place of h&m stores in russia, clouds will open and domestic and turkish brands will occupy the area zarina befree coton and others, tass reports. will begin to open in march-april next year, let me remind you. h&m shut down 185 outlets in march, leaving russia for the sixth largest market in terms of revenue will cost the retailer $200 million. this was the news of the economy in a nutshell. perm was. maybe, i am not a human factor.

of the largest publishing houses in the country, eksmo ast, oleg novikov, said in an interview with rbc bill banning the so-called lgbt propaganda, which has already passed in the state duma. the first reading jeopardizes up to half of the titles of books on the russian market wording in the document. oleg novikov continues to be so vague that , for example, all books by viktor pelevin and the biography of tchaikovsky may fall under the ban . alexei ilyin, general director of the alpina publishing house, agrees. and if for example, the book explores homosexual relationships among animals. this is not encouraged or condemned in the text in any way, this violation of the law or not, earlier the russian book union feared that, no matter how in the country, it came to the removal of ivan bunin's light breath from the shops where inquisitive minds can find sexual violence and roma na fyodor dostoevsky demons that can be categorized with the rotation of juveniles, deputy alexander khinshtein explained the meaning of the law, so he forbids not to mention either traditional sexual relationship,

i think we're back to normal right roads, rbc park service e. snow parks are vc everywhere is absolutely busy, so it's good to be back to normal now. by around like it's not too many masks like the regulations are very relaxed. so it kind of does feel like we're like on the tail end of the pandemic. in san francisco. i mean to quintana ktvu, fox two news. accord hearing is scheduled tomorrow for the man accused of attacking paul pelosi . superior court records show. david pap has a hearing at nine o'clock tomorrow morning in san francisco. he's facing both local and federal charges. the san francisco district attorney's office is charging him with counts, including attempted murder, elder abuse and threatening the life or serious bodily harm to a public official, authorities said to pat broke into the home of house speaker nancy pelosi and attacked her husband, paul, with a hammer. this is 13 years to life in prison if convicted on the local charges, and the trial is set to get underway tomorrow for the former warden at the federal correctional

events in the conditions of war, the mayor of kyiv , vitaliy klitschko, stated this in an interview with rbce is going to cancel the new year and christmas, and the atmosphere of the new year should be, we cannot allow putin to steal our christmas - said the mayor, according to klitschko , he discussed the celebration of the new year with the military who are on the front lines, and one of the boys said why will my child be without a christmas tree now, without a new year, without a new year's mood , klitschko said. and the city authorities turned to a business that agreed to install christmas trees without new year's pathos at its own expense. there will be several locations in many areas of our city and on sofia square. it is also, so to speak , a hint that new year and christmas do not pass by. christmas trees will be installed, but as the classics said. in any situation, i understand what churchill is doing . well, here it was important to study, for example, the experience of great britain during the second world war, if great britain was given a christmas tree, of course, without loud

briefly, first of all, that the spokesman of the ministry of foreign affairs, nikolenko, confirmed to rbc of ukraine that the un security council on the 23rd meeting i understand that according to kyiv, the meeting will be held on the 23rd regarding today's missile attack. well, at 11:00 p.m. in new york, it will be about minus seven o'clock, 11 minus seven, it will be four o'clock there, so it will be somewhere around that time . things uh, there is a point about applying to the un so that russia is deprived of its vote in the security council in well, i think that it would be a good signal to start with at the table of civilized leaders, well 2.5 there are still hours, so to speak, of this entire service at the un, which will work to prepare this meeting. well, it is possible that a similar decision will be prepared, well, let's listen to it again at the band, it's just very interesting that the band will tell today what they were aiming for and what happened there, let's listen but in reality it doesn't matter, does it? only for the sake of history. thank you very much. viktor shenchak

chamber instead of alexei kudrin may be headed by the first kind of state duma speaker alexander zhukov, rbceports, citing seven sources. one of the interlocutors says so quote. zhukov is a good candidate. he is a professional and not corrupt , he supports him personally. kudrin although the source adds, there are other candidates and the most unexpected decisions by the president are possible last friday at yandex for the first time confirmed that it is going to be divided into two parts, russian and international, it is reported that the businesses of self-driving cars and cloud technologies of educational services and data markup will continue to work in the russian market, but their international parts will move into a separate company that will change the name for the russian assets of the company will create a new legal entity , which will retain the yandex brand from numerous sources. they say that it is this russian part of yandex that, in some form, will be headed by the current chairman accounts chamber aleksei kudrin tyoma about the economy so far, yes, thank you. marina marina pi

in october of this year, the russians issued foreign passports by a third more than a year ago , rbcttention of the statistics of the ministry of internal affairs. past 355.000 of course on statistics, previous years could have been affected by covid, but this year the restriction is not enough visa problems and the lack of direct flights to europe there is another interesting trend, usually after the summer holidays, russians issue passports less actively, but not this year in october compared since september, the number of issued foreign passports has increased by 11%, at the end of september, the ministry of defense stated that partial mobilization does not imply the introduction of restrictions on the movement of citizens of el a in the economy. bye everything. thank you marina pimenova with an economic review. europe is experiencing the strongest personnel shortage in the healthcare system, as analysts say, doctors are leaving the profession in search of more decent conditions and higher wages. great britain tens of thousands of vacancies is not the best situation in other count

and, perhaps even more, comparing the data of the central bank, rbc calculated that as of december 1,eld less than $60 billion in foreign currency accounts and deposits in banks; from deposits and accounts of the population took place in march april and september 2022. and since the beginning of the year, foreign currency deposits of russians have decreased by 38% managing director of gazprom rules banking. egor susen. he says that devaluation is going on through several channels, leaving the dollar and the euro for the ruble, leaving for the yuan and transferring the currency to foreign banks on october 1, as the central bank reported on deposits in foreign banks, the russians. they kept currencies, about the same as in russian , the reduction in foreign currency deposits is also due to the fact that some are russian. banks now they simply do not open new deposits in dollars and euros elya and everything is in the economy for now thank you marin marina pimenova with an economic review. more than 60 enterprises in russia today are engaged in the construction of civil and military ship

services in russia has increased by an average of 15%, the results of a survey by rosgosstrakh cites rbces say, prices have risen sharply , where a lot of imported consumables are used. so most often the russians complained about prices in dentistry are considered high by 76% of russians more than half of the respondents consider plastic surgery expensive, next come specialists in reproductive medicine and prices for ultrasound and mri every fifth pays for medical services, no more than 5,000 per year, and only 11% of russians annually spend on them from 20 up to 50.000 rub. at the same time, 66% of russians are forced to save money for complex medical procedures. elya a in economics. so far, thanks to marina marina pimenova with an economic review. computer addiction in adolescents, it can lead to disturbances in the functioning of the nervous system, conflicts in the family and difficulties. in communicating with peers, psychologists came to this conclusion, according to scientists, in children who spend a lot of time in front of the screens of smartphones and laptops, not only psychol

banned russian aircraft from flying over its territory, which are registered in two jurisdictions, rbced about this from its sources in the ministry of transport, the problem was confirmed by the general director of the tour operator pegas touristik anna podgornaya says, since russian airlines now have to fly around turkey , the duration of flights to egypt has increased by 20-30 minutes, but according to anna podgornaya, the cost of tours was not reflected in the ministry of transport. reported that in the near future negotiations should be held with the turkish authorities, the problem with dual registration arose due to the fact that in mid-march the aviation authorities of bermuda suspended the airworthiness certificates of russian aircraft, and on february 24, about half of the fleet of domestic airlines was registered precisely on bermuda without certificate. can't fly. even within the country, therefore, the authorities allowed airlines to re-register aircraft in russia and now, on the one hand, an international organization civil aviation. and they accuse russia that with its d

in russia, the demand for stars and comedians for new year's corporate parties has fallen, as rbc wase national association of event organizers. russian companies have cut budgets for new year's celebrations in an average of 20%. in the first week after the start of partial mobilization, half of the event agencies had a significant outflow of clients to the associations. they add that now there is mainly a demand for the business nature of events summarizing the results of the year or a congress of representatives. as a result, the fees of stand-up artists have almost halved, now prices are from 600,000 to 1 million rubles. for one event. as they say in the event holding knyazev, the budgets for new year's events have decreased by 30-40% compared to pre-pandemic years. dima about the economy so far thank you, but really, how not laughing marina pimenova with business news. the volume of parallel imports to russia is increasing by about 12% per month and is steadily approaching $13 billion, these figures were reported by the leadership of the federal customs service. most often, this w

head of vtb andrey kostin stressed that it would be good and be satisfied with the central bank, as rbc on data for the first two quarters of the year, an auditor from a business company solutions and technologies valued the bank at more than 350 billion rubles. however, official confirmation. there is no information. we are ready for any development of events this year and next. the fact is that the opening is profitable profitable. we are not only according to russian standards, but we are absolutely sure that according to international standards. we will have a profit at the end of the year, and therefore this is a good business. uh, good growing customer base, so here, uh, as our shareholder decides, we are ready this year and next uh and the competitive procedure and for the sale of vtb's cost of living, we feel quite confident in the financial statements from january to october of otkritie bank received 28 billion rubles. net profit for comparison for the same period last year, the result was 74.5 billion. head of a credit institution. mikhail zadornov noted that in september and

team rbc. just awesome. tom: this is the heritage. who? ok. is different and the canadians, they get underplayed a little bit in the american media, that is baloney. they are strong and the rbc is particularly strong in london. jonathan: so another guy who listens to the show. dave if you would like to sponsor a trip to the world cup, you know where we are. we thank you and appreciate it. london, trading volumes. tom: we know that. jonathan: going into christmas off of a cliff with the world cup. tom: for your we can, daniel ives, thank you for joining us. twitter, a money pit. i saw $4 million a day is mr. musk's working pit. jonathan: i listens to that talk , a couple of days ago, he had every brand under the sun listening to it. interesting to follow, following day what happens? tom: do i lose my blue thing that weekend? jonathan: when do you have to start paying for it? official is back under official brands now. it has been a mess the last couple of days. ben has been looking for the squeeze for a while and joins us next. i know you are l

as rbc says, opec is likely to err on the side of caution as we go to vienna. . bitcoin scrambling at $15,700 . tom: elon musk laying off sales workers, twitter already diminished by sales cuts and resignation. china is increasing covid zero curves, adding to a litany of investor worries over tesla. joining us with more is katrina nicholas in singapore, what are the other factors weighing on tesla? you've got the china effect, and concern about just how much attention elon musk is able to pay to tesla? >> exactly, china is tesla's most important market after the u.s. it recently updated its factory in shanghai to double capacity, about a million cars a year. last month it shifted 72,000 vehicles from that plant, a lot of supply going into the market at a time when consumer sentiment may not be as strong as it was and amid recession worries. that's one concern, another is this recall of 3000 cars due to faulty taillights in the u.s. over the weekend. fortunately, that was rectified via an over the air software update but not helping the stock in any way. it is dow

rbc capital estimating incentive going up slightly.nsaction price dip under $4,600 inventories 33, 34-day range, well below where it was pre-pandemic november sales coming in somewhere between 14.4 and 14.6 million. in a normal market, this time of year it would probably be closer to 16.5 to 7 million for all of 2022, sale pace is currently at 13.7 million. take a look at the auto dealers stocks showing you auto nation in group one comparing it with carmax and carvana. why? show you definitely a split when it comes to those who deal primarily with used vehicles those compared to -- compared to those in the new vehicle market. one last chart for you, brian. tesla. why show tesla big week for tesla investors hope 0ing when the company delivers its first tesla semi truck thursday night, that at that presentation that will hear from elon musk haven't heard much from him when it comes to tesla, really, in the last several months. we'll see if that hat changes on thursday night, brian. >> supply chains getting better? >> yes -- but it's stil

the reported a loss in rbc.as interest in fiskar given that they were planning to start production of their suv. it is built by a third party. and then you have a aurora innovation, more focused on the autonomous driving space. they are capitalized to get them through 2024 and aurora is telling investors they are on track to launch a commercial autonomous trucking business. fighting talk, the stocks seemed to like it. is fighting talk enough? there's lot of questions in the space right now. emily: hang on. i want to stick with aurora. they are giving the world real-world prospects for self-driving tech, but the industry is having a rocky patch with competitor argo ai shutting down after volkswagen and ford backed away from a deal. is that a small crack in a bigger fissure in self-driving technology? chris, what do you think? chris: yes, i think it's just normal. what we are seeing is what happens in any industry that if you look at the automotive industry at the beginning of the 20th century, there were 200 car

you will see estimates and rbc depends on the magnitude of the slowdown. >> hopefully you can hear me can, how quickly can the company diversify? mandeep: they talked about autos being a bright spot and that's where you see sequential acceleration. you probably see acceleration in the next two quarters as well even though the rest of the business will decline simply because they have a $30 billion pipeline and they talk about how panicked everybody is when it comes to connected cars and systems. clearly qualcomm has a good product portfolio but for a company like qualcomm is 80% mobile, autos is still 5% off the overall revenue and so it will take a while to diversify and i think that's the challenge they have. guy: do thing apart -- alix: do think a positive outcome is depend on china functioning? mandeep: i thing the high end android market. have a high exposure to china so clearly china reopening will be an element. the problem is they are already over shipping to the channel and so because the oems are carrying a lot of the inventory it will be interesting to see some esp pressure

of tiktok and instagram owned by meta, a recognized extremist organization in russia, according to rbcects submitted and pre-approved by the government to luka's social network from motivational solutions llc, one of the functions of the future application, it can transfer photos to story captions. and subscribers from instagram and luka is also called the authors of an improved version of instagram for this project asking 460 million rubles. in the social network sunlight play from llc gri, they focus on the video. it looks like tik is asking for 286 million rubles. and the new true conf enterprise 2.0 service presented to the state from tcs jsc should replace skype, the issue price is 162 million rubles. project on import substitution of foreign of social networks of platforms is considered by the industrial competence center in the direction of communication services. in total, the government created 32 such centers. egor on the economy all thanks to denis talalaev with business news, well, then ntv viewers and the release is waiting in the capital today in moscow and we will contin

. >> all right bring in global head of commodity strategy at rbc capital markets and a cnbc contributor. probably know jeff but a competitor as well you don't have to agree with him one bit, but do you? >> i actually like him a lot exceptional. >> here we go, i would say the market, though hars been waitin with bated breath for reopening. last week expectation based taking new vaccine technology, shortening quarantine time, and basically saying, okay this is going to be it now today you can see oil and record covid cases in china, particularly places like beijing and matsch manufacturing centers. i do think people are going to wait to see how we really, have we really turned the corner on china reopening? certainly this has been the big headwind for oil amazing that oil prices are this high when chinese demand is this weak if we to get a reopening, combined with the eu sanctions, ultimate full story for oil, but i think we need to wait a little longer to see when china really reopens. >> like i heard morgan before the show i like brian, but -- anchoring, one of those things. stay with j

maternal yandex is now registered in the netherlands according to one of the options, according to rbcock will remain just in arcadia volodia. he will also receive the right to intellectual property in the field of unmanned and cloud technologies and educational services. but the russian yandex will have a new parent company, it will probably be controlled by alexei kudrin egor in the economy all thanks to denis talaev with business news, ntv viewers of the capital are waiting for the release today in moscow, and we will continue to broadcast for other regions of central russia, the us congress demands to establish tight control over american biological research because of a series of scandals. it is known that in the biolaboratories of the united states for years they hid data on incidents with deadly viruses. in addition, the pentagon conducted dubious studies outside of america, for example, in ukraine, russia pointed this out, but the last drop was the suspicion that the country's chief infectious disease specialist was a well-known doctor. houch, hushed up information about the or

equity strategy at rbc capital markets.ke that consensus on wall street going into this fed meeting was jay powell's turn is up, it is no earnings that are driving the story. is that still true? >> as much as we would all like the fed to fade into the background i don't think that is likely to happen anytime soon. the fed has still been an important undercurrent. we said coming into yesterday that the market had kind of already done the typical rally it see is coming off of the october volume -- bottom in a midterm election year. we felt there were some dovishness baked in. earnings are a bigger part of the story than they have been good there is going to be a lot of uncertainty over that outlook until february and march of next year. i have been reading a lot of transcripts. i'm astounded you are seeing analysts say what do you think about 2023, maybe not on overall outlook, but companies are like come back in february, we are not talking about it now. earnings are dragging in the short-term but there is still massive unce

demand for 5 years was shown by kazakhstan armenia tajikistan, the data of the fsb border service leads rbc , 9 million 700,000 russians left the country. this is almost twice as much as in the second quarter, but much lower than before the pandemic year of 1919 , when 16 million russians left the country in the third quarter. but then there were simplified visa regimes with europe and direct flights there. egor about economics all thanks to denis talalaev with business news in russia they plan to create 8 ecological industrial parks in all federal districts, the government allocates almost a billion rubles for this project, and this is only the initial stage of talking about the territory where they want to concentrate enterprises for sorting and processing waste, which is extremely difficult to dispose of without harming the environment. tires plastic, chemicals. in the same parks, they are going to establish the release of goods from recycled waste, for example, building materials and packaging, the government also allocates additional funds to developers domestic software. we must have

rbc clarified that we are talking about those photos and videos that banks are already taking. needs to be withdrawn; everything is explained that is necessary to counteract illegal cashing out of money and fraud, for example, when one person withdraws money from several. other people's cards, and so they want to find those who are wanted in the association of banks of russia note that now there is no single regulation. in what format should banks record photos and videos, and most importantly, how long to store materials? now banks are already required to provide photos and videos from cameras, but at the request of the court and, as they say in the law firm, sodby, most often at the time when law enforcement officers identify some kind of illegal cashing, these records have already been deleted, because their storage period and the stack of the former aeroflot representative in the uk dmitry fedotkin was sentenced to 13 years in a strict regime colony in the case of the state. change, as news agencies add. the verdict was handed down back in august, but it became known about

factored into the opec plus mind melds right now in terms of what the analysts are saying, other at rbcthey have said this decision to meet virtually was a signal opec wants a no-drama optics meeting and meeting online probably increases the likelihood of a rollover decision and that was backed by analysts at standard charter as well. they say the case for rolling over the current charter is stronger as a result so we watch and wait to see exactly what comes out of this meeting, but nonetheless, goldman sachs and in particular this interview steve has done with jeff currie in the last 24 hours also suggesting we might see an output cut, opec sticking with this brent forecast for next year. the direction of markets still very uncertain at this point and so much lies in the hands of the opec meeting that is hatching on sunday back over to you. >> thanks for the preview. >>> dutch tef futures have pulled back after nation fill their gas reserves with new data showing they're set to end the year prices are at a six-year high and supply issues in norway and the uk eu nations are trying to ha

and in october of this year, russians issued foreign passports by a third more than a year ago , rbcntion to statistics from the ministry of internal affairs. this october, the ministry issued 471,000 foreign passports in the past 355,000, of course, covid could have affected the statistics of previous years, but this year there are enough visa problems lack of direct flights to europe there is another an interesting trend, usually after the summer holidays, the russians are less active in issuing passports. but not this year in october, compared to september, the number of issued passports increased by 11%. and the record for issuance this year was set in march. then the russians received 553,000 foreign passports at the end of september, the ministry of defense stated that partial mobilization does not involve the introduction of restrictions, but the movement of citizens. world oil prices have started to fall according to the newspaper wall street journal the european union and j7 countries can set a price threshold for russian oil at the level of 60-70 dollars bloomberg calls the

that will allow rbc to expand its roster of business clients and bulk up its presence on the west coastsaction represents domestic acquisition for one of canada's big banks. and a surprise to partner at amc networks. known for series such as "the walking dead," the ceo has stepped down after less than three months in the job. no reason was given for her departure. the countries board said it is coming up with a replacement. mc shares up this year. that is your latest business flash. alix: thank you so much. time now for your red eye, looking at top tech stories in the bay area and around the globe. we want to get the view from the valley. let's bring in ed ludlow from san francisco. one of the top stories is musk taking on apple. why, how, what is the logic behind this? ed: there are several grievances musk outlined with apple on twitter unsurprisingly in the last one he for hours. the first is the revelation from musk that adds by apple have been pared back. if you going to twitter right now, apple's account has more than 8 million followers and follows zero people. but you will see it

rbc calling severity of the earnings misquote -- miss, quote, surprising. opting for cheaper in-house brands as opposed to the more expensive national brands. craft heinz getting a lift at this hour as the packaged food giant tries to brew up some excitement for its household brands which include oscar mayer, velveeta, philadelphia cream cheese and runs lunchables. today the company's kraft peanut butter brand has launched the kraft cafe barista coffee line in canada, the first expansion ats s s s s s s l l l l l heheht yoyoyod d d d d d ctctct..... ststststststststststts a a a a a ononon..... e lelelelelelele t e t iv of pecan pie or chooseo between pecan and pumpkin, because i am doing both. of and i know you are too too. and you should. >>> we've got tom and gisele, they may be divorced, but now they are wound together in a new lawsuit -- bound together in a new lawsuit. contagion now spreading as top celebrities get pulled into the fray. and yet another company makes moves to stop the bleeding. hester possessor is the sec commissioner, otherwise nobody

this year when it report, one of the key metrics to watch will be growth at the disney plus service rbc stocks welcome, good to have you with us what do you say about disney, and what do you expect when they report later today >> thanks for having me. and on balance, we remain bullish longer term. a lot will depend on direct consumer we're focused on three things. at the parks, we see continued momentum, and believe the recent price increases speak to management's comfort level around forward demand trends and the about to drive up modernization. media investors have shifted their focus to streaming profitability over the last year management's commentary on the path to achieving its target at disney plus profitability in fiscal '24 will be key, and last i l of course, on core disney plus net ads, we think street expectations around 8 million in the quarter are reasonable based on the content slate and recently international market launches that said, you know, we do worry that the near term set up is less favorable because the december quarter seems to have fewer fireworks from a progr

in october of this year, russians issued foreign passports by a third more than a year ago, rbc drews of the ministry of internal affairs. this october, the ministry issued 471,000 foreign passports. last october, 355,000, of course, covid could have affected the statistics of previous years, but this year the restriction is not enough. visa problems lack of direct flights to europe there is another interesting trend, usually after the summer holidays, the russians draw up foreign passports less actively, but not this year in october compared with september, the number of issued passports increased by 11%, but the record for issuance this year was set in march. then the russians received 553,000 foreign passports at the end of september, the ministry of defense stated that partial mobilization does not imply the imposition of restrictions on the movement of citizens. for the first time in russian history , a domestic airline will receive a plane with used engines, and the superjet, which replenished the azimut company's fleet, writes the kommersant slice newspaper, the sources specif

. >>> and let's bring in lori of rbc of capital markets welcome back to the nasdaq great to have you back here in person >> thanks for having me. it is great to be here >> if we knew that republicans could control congress as a result of the elections and what would you do you think that is best case scenario for the s&p 500. >> think that the idea that they're going to take back the house, i think that is baked in the market i'm not saying it won't be a few days of good and giving us stability. but if they need a kicker, they need to take back the senate and watch the governors races because that is viewed as a read through into 2024 and how much momentum republicans really have going into the presidential contest. >> how strong of a catalyst do you think republican-controlled congress would be for equities in year end. we were posing the question of two year knowing you're collecting 4% and if the republicans sweep, what is your view >> so if you look back at at 2002 and that is a year that 2022 looks a lot like. there is about a 76% correlation. it was another midterm year. you go

the deal will allow rbc to expand its roster of business clients and bulk of its retail presence on thents a domestic acquisition for one of canada's big banks. global news 24 hours a day, on air and on "bloomberg quicktake." powered by more than 2,700 journalists and analysts in more than 120 countries. i am lisa mateo. this is bloomberg. ♪ girls... the chess club has gained an edge on our bake sales. we need more ways of connecting with customers, fast. i know some consultants with great ideas. can they help us improve our digital experience? absolutely. they've invested over $2 billion in tech. that could really help us manage inventory. and save us a ton of dough. then let's take back our market share. checkmate, chess heads. girls, i said “bedtime”! >> further tightening monetary policy should restore balance and bring inflation back to 2% over the next few years. it will take time, but i am confident we will return to a sustained period. jonathan: that was john williams, the new york fed president. let's get you price action going into the opening bell. equity futures higher by 0.