renault planet -- renault planning to cut battery costs. will it be enough to stay competitive?e will hear from the ceo look at demeo -- ceo luca de meo. you want to look at what the first have has looked like. we are under a little bit of pressure has well. european inflation data out earlier on, still kind of at target for the ecb, but nevertheless, jenny by the economist reaction today, the expedition is that that will pick up this year. alix: let's take a look at where u.s. markets are ending the first half. not a lot of movement happening at all today. the nasdaq pretty much flat, the longest winning streak since 2019. the s&p having its best start to the year pretty much ever. the fix goes absolute nowhere. bring to still inching higher here, 0.4%, having -- brent still inching higher here, 0.4 percent, having its best start to the year since 2009. it does set us up for if we peak in data in the second quarter, where do we govern here? ? is this the best it is asked where do we go from here -- where do we from here? is this the best it is going to get? guy: i want to go ba

dollars in northern france with renault.y are hoping to provide the batteries for an affordable range of evey's from that french automaker and will create about 2500 jobs in france. they also say they are looking for partnerships with cars beyond renault. france is strategic and this tie is central to them. it is a reminder this investment, despite the friction between brussels and beijing, investment in chinese companies does continue in the ev space where the demand for factories is hot and china is playing a major role. haidi: what lessons can be learned from this ev experience in china? tom: there's one particular city of about 4 million people where they have about 30% of all the cars being delivered in recent years. they are electric and the city has seen as the capital of electric vehicles in china. if you think about 30% of the cars in the city are electric, that's about five times china's average, about 4.5% of all cars globally delivered are electric, so it is way above that. but crucially, they have a local carmak

renault last sold bonds in 2018. learned that hong kong's -- has filed confidentially for u.s. ipo. the on demand logistics and delivery from also known as fa la la in china is looking to raise $1 billion. it provides on-demand van hailing and courier services about asia and latin america. bullish crypto currency exchange backed by a group of billionaires is in a merger talk. the deal could value bullish at $12 billion. with an agreement possible in the next few weeks. the final valuation could change depending on the price of bitcoin. blackstone ceo stephen schwarzman says the risk of a u.s. capital gains tax hike has led to explosive growth and potential targets for his firm. the company was part of a -- consortium that bought a majority stake. he spoke at the qatar economic forum. >> it's really like an avalanche now of opportunities. people want to sell things before their taxes are much higher for selling the same thing potentially next year. so, it is giving us a lot of opportunities. what we have to do is be c

renault planet -- renault planning to cut battery costs. will it be enough to stay competitive?eo look at demeo -- ceo luca de m

the first i want to start with his renault.tors bringing preliminary charges against the company on suspicion of emissions fraud. in the same vein as the volkswagen scandal we saw that started almost six years ago. renault denying any allegations and saying it did not have software to dupe monitoring, but this is part of a broader french investigation into automakers. take a look. we are going to be watching volkswagen as well as to lantus. both of those could see charges from french investigators. now the new ceo has been the president of micro electromechanical systems and sensors at a company called st microelectronics. that is the stuff that deals with when you move your iphone, those are the sensors around that. an interesting ability for ferrari to come into the digital age. anna: thank you very much. simone foxman with the latest on stocks we need to watch. we should give a moment to think about u.k. macroeconomic policy, the comments we are getting from the bank of england. some of it might need international translatio

vw will stop selling combustion cars in china and also in the u.s., but did not provide a date >>> renault announces a partnership with china this move comes as the french president meets with 100 international ceos to shift operations to the country post brexit. >>> france's far-right party failed to reach consensus on sunday 12 regions were won by center-right or right parties. marine le pen criticized the poor turnout as she turned to the next year's presidential election >> when two french people out of three persist of not going to vote, especially the young people and the working class is a message that we must look closely at because this civic disaffection is a signal sent to the political leaders and society. we are sdgoing through the profound crisis which requires a reflection process >> charlotte is joining us more with the elections in the region the low voter turnout, charlotte. what is going on in france keeping people from the polls and what does this mean for the upcoming presidential election >> reporter: it seems the younger voters did not vote and the older voters did v

group will spend as much as $2.4 billion on a battery plant in northern slants to power renal -- renaulta startup that makes power packs for larger and premium models. the carmaker says the factory will help toward its target of producing one billion electric vehicles in europe by 2030. global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. electric vehicles and more efficient planes driving the headlines. yousef: absolutely. although i miss the sound of the larger engines, there is just something to a v8 that cannot be replicated. thank you, simone foxman in doha . i also want to check on the markets in hong kong because we are back online. the morning session got literally washed out because of the severe rainstorm. at the moment, we are just a little bit to the downside, by a whisker or two on the hang seng. the broader story is fascinating, the tech heavy chinex rising as much as 2.2 percent, set to close of the highest level since june of 2017, seeing -- is were markable how p

so we've been advised to not go into renault so which is across from mccowan, the rio bravo is also gettinghe comic inundated as well. it's open borders that we seen today, and it's not good for anybody. >> tucker: is not good for anybody, that's exactly right. julio process. thank you. when several hundred mostly senior citizens got frustrated with the election results in january, broke the law and walked through the u.s. capitol building, members of congress were so afraid that they built a wall immediately around their workplace. then they brought in the army to protect them. our country has no southern border effectively, you just saw that, and no one is doingha anything and that's totally fine. the question tonight is why isn't the state of texas stopping this? they are border, too. they have a national guard to come they could shut this down. why are they doing that? mr. miller, thanks so much for coming on. i know these problems are famously complicated but o this one is maybe not that complicated. why doesn't texas shut down the border? >> i'm glad our governor is doing something, f

it's renault foot with a grounder of the right side, darren rough to the plate, one luxurious state ballgameer angels win, but new look at the replay. buster posey laying the tag on lecaros, a research it they replay it. and the giants get new life. it's still tied to and the giants score one with the bases loaded 11 on a wild pitch and two on this ground on the right side. by stephen duggar. when's the last time you saw to run in field? it's all happening for the giants and get this two batters later, mike talk mentors who had struck out five consecutive times leading up to this and a two strikes on him again when he launches one, no doubt about her three run shot. daca he can't get over his day, and that turns it into a blowout 92 at the time. 93 is the final, the giant hitters struck out 19 times today, but who cares? first place best records and 22 games over 500. take it on the a's this weekend who, by the way have cooled off if you haven't noticed, getting beat at their own game, it's usually them launching home runs. not tonight, bob melvin and company finding out how stubborn and ten

as i said the next renault rodriguez's car was seen traveling on i 70 near grand junction colorado. police say she was last seen on may 31st checking herself into a denver area hotel metro police in vegas. they believe she's traveling alone. now, as we know her son found dead. they need help from local hotels. anybody to try and find her. and the rest are the father so far. not a suspect at all is what police are saying. he's been in constant contact with police who say this has been an extremely hard time. >> i spoke with the father about 60 minutes ago before i came out here because i didn't want him to see this press conference without me explaining what was about to transpire. i will tell you it's a heartbreaking conversation to have. this has been an emotional last 10 days for myself. all the investigators that have been working on it and we're just glad we're able to get some closure for liam and then hold the person responsible for this crime. >> now take a look at your screen. this is very, very important. the car they're looking for in connection to the boy's mother. it's a

they are facing charges over diesels, joining vw and renault in the probe led by french authorities..s. plans to buy 500 million doses of pfizer's coronavirus vaccine to share internationally. the word came as president biden plans to join other g7 leaders in a campaign to end the pandemic by distributive shots worldwide. the leaders have gathered for their summit in the u.k. president biden and british prime minister boris johnson will commit today to resume travel between the two countries as soon as possible. it is not clear how soon that will be. the leaders are meeting ahead of the g7 summit and will launch a joint task force to export travel options. myanmar's military junta has formally charged the military official and other individuals with corruption. the ministry of information said she was found guilty with committing corruption using her ranks. if convicted, she could face up to 15 years in prison. suu kyi has been held by the military since the february 1 coup. this is bloomberg. anna. anna: thanks for that, juliette saly, with your update. there are now more than 12 mi

we've heard that from this president time and again in renault weeks. it's really honed in on that.o be able to broadcast as a role model on the global stage. and what we're seeing here, the attack on voting rights in so many republican-controlled state legislatures, the refusal for the republican party to go along with a bipartisan january 6th commission to look into what happened there, that insurrection at the capitol, one of the darkest days in our nation's history, and that maukz makes this president's job all the harder. let's be clear, to president obama's point, aides around this president know that his job got harder because of what's happening here at home. they know that vladimir putin, when the president meets with him in geneva will seize upon the trouble at home, the restrictions to votes, the january 6th and the riot to try to attack the u.s.'s standing as that global leader for democracy and freedom. >> yeah, i mean, clint, i think about that every time we cover this phony audit in maricopa county. i mean, to the millions of people who went along with the big lie, th