which is a holding and listed company stock exchange and a crime in things and do wire caught the bank which made by and then trade services . pretended to do business in age and trustee accounts was and who should leave nearly 2000000000 euro is money did not disappear or it never existed or only in a small extend so it. reached a peak prices and made the story to inflate the amount of shares that was the purpose of the activities of this company of course this is the market to use in the criminal securities fraud but is there something about the systems here in germany that allow a fraud like this to take place. no i didn't sing so we have a close network of regulation in the accordance with european law notably in banking and securities law this is mainly a case of criminal activity if this is a fraud case and the target of why a car was mainly to create a story you to maintain this in order to inflate the amount and deprive us of stark's shares and these were quietly long and now it was detected and so obvious aim is to get of course we need an improvement of controlling is or shou

of many global technologies companies such as uber and lyft having underwhelming debuts on the stock exchanges. wework had to jettison its ipo positions. since then, indian stocks have been focusing on economics and profitability. in these ipo's could offer investors -- infuse more investments in india's digital startup ecosystem.

record number of profit warnings issued by leading uk businesses that are listed on the london stock exchangethe first official photos of the wedding of princess beatrice and italian count edoardo mapelli mozzi from their private ceremony on friday attended by the queen and the duke of edinburgh. hello and welcome if you're watching in the uk or around the world, and stay with us for the latest news and analysis from here and across the globe. for the first time since the coronavirus pandemic began, the number of new daily infections around the world has surpassed a quarter of a million. the biggest increases were in the us, brazil, india and south africa. nearly a quarter of them were in the united states, which has been the country worst affected by the pandemic. more details from paul hawkins. according to the world health organization, this is the first time the number of new daily infections has surpassed a quarter of a million. the biggest increases are in south africa, india, brazil and the usa where there are now approximately 71,000 new cases per day. 41 states out of 50 are seeing a

zimbabwe's government closes the stock exchange leaving investors wondering what's happened to their money. how the heaviest rain the last 36 hours has been in southern japan as this thing went through but it's still an active system curling around in north korea in some parts of northeastern china so some pretty heavy rain just going offshore through the sea of japan which means showers in the north shore but persistent rain further south a wet day for tokyo and then your eyes bring you back through china is south of the young sea now but the next area of development is going to just get into hanna i think the orange always signifies where the heaviest rain is obviously there's going to be more flooding from this is the seasonal stuff south of that a lot of humidity in the showers are really building in hong kong will not be exempt just a few shots coming from beijing as viable temps his up to 29 degrees for the size the most active rain recently has been in southern vietnam and it's still there cloud was with discussion to shasta south of that that's still the case but they are bui

zimbabwe stock exchange is close to business until further notice staff are on the premises but no trading is allowed the sudden move has left stock brokers and economists juggling to explain to investors what exactly is going on the floor. coming in from travel abroad to the country good faith and i was told at the trial if i wanted. to take the money out of the country all rose promises are not being kept and their issue nothing but i'm sure from 3 government officials say the suspect more money was being used to buy shares and then that money was moved out of the country sabotaging the economy they say they want to stabilize the local currency which is just to be devalued since it's reintroduction last year after a decade of dollar a zation so what you saw was a recruitment eventually. trying to understand the fashion editors wanted to confirm it and i certainly. there are some you know suspicion of . financial movements. president who succeeded long time ruler robert mugabe in 2017 after a military coup is blaming the private sector opposition groups and some western countries for zimb

zimbabwe stock exchanges close of business until further notice staff are on the premises but no changing is allowed to send and move has left stock brokers and economists struggling to explain to investors what exactly is going on the floor. can she. tell me an investment capital brought to the country in good faith and i was told at the trial that if i wanted to liquidate to take the money out of the country now. on the issue nothing but i'm sure. government officials say the suspect more money was being used to buy shares and then that money was moved out of the country sabotaging the economy they say they want to stabilize the local currency which is just to be devalued since its reintroduction last year after a decade of dollar a zation. stand. firm and suddenly. there are some suspicion of. president who succeeded long term ruler robert mugabe in 2017 after a military coup is blaming the private sector opposition groups and some western countries economic crisis zimbabwe has struggled to stabilize its global currency since reintroducing it. there's a barbie doll it keeps devaluing i

founder, chairman and ceo lhenrk fisker is here on his unique route to the new york stock exchange, taking on elon musk and yes, he will explain what california mode is. pretty cool. >>> from california all the way to a tiny private island on the east coast where the wealthy elite are ready to pay a pretty penny to escape from the crowds and the coronavirus. we are about to take you to house island, maine, where its owners will tell you how he turned lemons into lemonade in a real estate deal that could have quickly turned sour when the outbreak first hit. >>> plus, why would the woman at the center of the jeffrey epstein sexual abuse case wrap her cell phone in tin foil? we will take you to ghislaine maxwell's bail hearing in new york. >>> a trojan horse stock, plus charlie breaks it on tik tok's future. less than an hour to the closing bell, let's start "the claman countdown." liz: we have this breaking news. a federal judge in new york has just rejected a proposed $19 million settlement between former movie mogul harvey weinstein and the women who have accused him of sexual abuse and ha

it was meant to be a siege of pakistan stock exchange in karachi but the attackers were killed before they could enter the building they were armed with automatic weapons and grenades a group called the liberation army or b. says its fighters carried out the attack the un security council condemned it and urged all states involved to work with pakistani authorities that really is bounded by the u.s. state department has also labeled it a terrorist organization the group is seeking independence for baluchistan pakistan's largest province which has been plagued with violence for years. this is the remote our own district where soldiers routinely sleep lords reform made problems before point what it's going to go through in the last few years the insurgency has been pushed back resulting in fewer attacks but he does accuse foreign powers of continuing to create unrest instability uncertainty instability and uncertainty was the plane we have no doubt it was planned in india like you have knows for the last 2 months that our intelligence agencies thwarted attacks michael when it was. pakis

exchange. let's talk about technology stocks, how have they been impacted to all of this?lar the core infrastructure of things like sg, infrastructure of things like 5g, these decisions have been far more political, it would be fairto far more political, it would be fair to say, than simply commercial. right here in singapore a couple of weeks ago, the country had to make a decision about which service providers to go, which telecoms infrastructure providers to go with in regards to their 5g network. the decision was made to make nokia and ericsson the main providers, with china's huawei providing some aspects of the telecom infrastructure. but i was told this decision has shown just how politically charged the environment has become. in 56, enterprise customers are going to drive the growth for all of these operators. we may have potential scenarios where the large american enterprises may be forced to say i cannot afford to use operators, or service providers who have huawei in the service. so these are a big risk for telecom service providers who look at investing in so

trading is under way at the new york stock exchange. you can see that the markets are up significantly, about 425 points. >>> and every week we're finding local companies that are hiring. and this week jobina spoke with an east bay company that that has seen a boom because of the pandemic. >> yeah, so reborn cabinets have dozens of open roles in the their pleasanton office. and this could be for you. >> reporter: what are you doing? is that the cabinet? you like cabinets? installation? design? i may have a job for you. >> we really want to get people trained and get them back to work. >> reporter: and the president of reborn cabinets, his company installs new kitchens and bathrooms. and there are loads of summer home projects and he needs more team members. >> people are tired of staying home, so they figure i can't go on vacation, i have this money, let's fix the home. >> reporter: and do you have a trendy eye? designers are in demand. or how are you with working with your hands? someone has to install it. and if don't have the exact s

elite many of whom have deep stakes in the mainland on monday and even drove markets hong kong stock exchange close to the 4 month high when a chinese state run newspaper encouraged bull market investment beijing's message you can engineer the stability the business wants under the conditions the china want. to our financial correspondent in new york against korda ins good to see you yes let's start the markets today quite a surge globally did the chinese state run newspaper really play an important role in the search where all of this stayed on term media tells investors it's time to buy stocks obviously at least investors in china follow it was quite remarkable specially if you look at the shanghai stocks over there up by almost i'm 6 percent you're definitely do not see that every day and maybe here on wall street fishing for any kind of you was to find another reason to buy into the stock market but seriously the big increase that we saw here in the u.s. was just a continuation from last week's big increase weaver you have actually reports or the prognosis that global central banks by the

big problem for the for the global economy and i chose to delay new reporting from the front of stock exchange thank you so much. and that is some of the other global business stories making news. a new report by the london based think tank has found that renewable energy sources have overtaken fossil fuels as the new use made generators of electricity the report shows the amount of electricity generated by renewables of the 27 member bloc rose by 11 percent in the period from january to june. and japan has launched a campaign to reinvigorate the tourism industry hit hard by the kobe $900.00 make but it's excluded tokyo due to a covered spike in covert cases in the capital under the campaign the government will come apart on the cost of people's trips to tourist sites. american airlines love turns and british airways have called to on u.s. and e.u. foreign cheese to allow a limited schedule of transatlantic flights the airlines say they're working on a coordinated common approach to anti coronavirus measures to rebuild confidence in the long haul flights. of 1st an economic crisis then inflati

zimbabwe stock exchange is close to business until further notice staff are on the premises but no trading is allowed the sudden move has less stock brokers and economists juggling to explain to investors what exactly is going on before. travel abroad to the country good faith and i was told of a trend that if i wanted. to take the money out of the country are already. being kept and their issue nothing but i'm sure. government officials say the suspect more money was being used to buy shares and in that money was moved out of the country sabotaging the economy they say they want to stabilize the local currency which is just to be devalued since it's reintroduction last year after a decade of dollar a zation so what you saw was a recruitment of. stand. firm and suddenly. there are some you know suspicion of. financial movements. these leads need a president who succeeded long term ruler robert mugabe in 2017 after a military coup is blaming the private sector opposition groups and some western countries economic crisis zimbabwe has struggled to stabilize its local currency since reintroduc

elite many of whom have deep stakes in the mainland on monday and even drove markets hong kong stock exchange close to the 4 month high when a chinese state run newspaper encouraged bull market investment beijing's message you can engineer the stability that business wants under the conditions the china wants. and britain's prime minister has said he'll have to think carefully about whether to use technology from the chinese telecoms for a while way in the u.k. 5 g. network or is johnson's remarks came after front moved to restrict telecom operators use of away technology china's foreign ministry spokesman hit back at paris in a press briefing calling for an objective and fair attitude huawei has been accused of spying for the chinese government and u.s. has pressured countries to shut the company. well the world's most a visit museum the louvre in paris israel after being closed for nearly a full months because of france's lockdown visits are being reminded to wear masks for maintaining social distancing around the mona lisa other times works of art will clearly be difficult. to secure up to

financial correspondent to chelsea delaney reporting from the frankfurt stock exchange well now here in berlin corner of iris restrictions have shut down the city's it whiles nightlife clubs have been closed for months and there's no sign they might reopen anytime soon and that's got some rivers raving mad summer notified authorities and are taking the party to the city's parks this next report contains flushing images to start. merlin's club scene is world famous but corona is threatening its existence. clubs like this one have been empty for months. a vaccine is the only hope for many owners. and we've already seen examples of brawn showing that it really doesn't work in south korea they thought they had the pandemic under control because they had hardly any new cases then they opened the clubs and they had their 1st case in a clump within the week which meant that the club's had to be closed down again. people are itching to dance again. illegal raves have been taking place weekly in berlin's house in hyde park. up to 5000 are thought to have attended one last saturday. laura was

now for more let's bring in chelsea delaney from the frankfurt stock exchange jessie 4 days of hard running or was it worth it. for markets it's a clear guess that it was worth that we've seen the dax actually a raise to all of its losses for the year now it's up about 2 percent so that's a pretty incredible again given the coronavirus economic fallout we've seen this year but for investors obviously there is a real need for this money in the euro zone economy is expected to contract about 8 percent this year but the discussions were so heated and they also really brought about these bigger questions about the future of the euro zone what these countries and the euro zone really to each other and so the fact that they were able to strike an agreement and sort of come together is a big win for investors so now all this money is agreed upon but how exactly does this deal work with the money coming from and who will get it. all the money is going to come from the capital markets this is a really unusual. situation in europe they're going to be basically issuing bonds and letting international

elite many of whom have deep stakes in the mainland on monday and even drove markets hong kong stock exchange close to the 4 month high when a chinese state run newspaper encouraged bull market investment beijing's message you can engineer the stability that business wants under the conditions the china wants. a star take a look at some of the other stories making news around the world. french president kim i know macross has reshuffled his cabinet bringing in new ministers of the interior and environment among others this comes after mccrone replaced the country's popular prime minister edward philippe on friday geoffrey epstein's former confidant delaine maxwell has been transferred to new york city to face sexual abuse charges she's doing court on friday prosecutors allege she helped the late financier groom girls as young as 14 to engage in sexual relations with him. atlanta mayor keesha lance bottoms has tested positive for covert 19 the 50 year old democrat has been considered a possible running mate to presidential presidential candidate joe biden bottom's as criticized georgia's gover

and now a look at the new york stock exchange.ou can see that we are up almost 400 points. >>> business owners in san francisco's fisherman wharf are concerned about the future of that iconic tourist area. on top of the pandemic, you will remember that fire in may that sdroired sdroired destroyed awa warehouse, and s and hotels have either not >>> and mlb is set to release their full schedule today. some reports say that the giants will open at the dodge ers on jy 23. owing day. teams will open brandon belt says that following health guidelines should allow for a full regular season to be completed. >> i'm pretty optimistic that we can get the season in. you know, hopefully we won't have any problems. but there is just a different way of living right now especially baseball field. we follow the protocols and listen to instructions, we should be pretty good. >> teams will play a shortened season which is 60 games. and across the bay, the as were supposed to have the entire squad report to camp at the coliseum yesterday are. but mos

. >>> and we're taking a live look at the new york stock exchange down 17 points right now. the markets are doing next. >>> and uber cuts paechblgs a deal during the pandemic. how you can 2345i78 your own price. >>> let's take a look at what is going on. a lot of 50s out there, and the east bay valleys are waking up to milder conditions, a lot of mid to upper tiks there. and the fog is hugging the coast.here. and the fog is hugging the coast. let's jump into the neighborhood numbers. 61 at 8:00 in the east bay, 77 at noon. and we'll manage out in the low 80s for a couple of hours this anxious. and peninsula, in the mid-80s this afternoon. and otherwise not much of a change from either side of the bay. maybe a little bit milder 71 at 7:00. and san francisco will go from low clouds this morning to high clouds and sunshine about this afternoon. a little breezy by 4:00 as we reach the upper 60s. and that breeze will help us taper to about 61 if you are heading out this evening. and we have that heat still building through the weekend. i'll show you 9100s coming up next jobina, t

. >>> and right now, we're taking a live look at the big board at the new york stock exchange.e're down a little this morning about 70 points. >>> and only on abc 7, you will see the waitress who stepped in to stop a race cist rant. >>> but first, we check in with mike nicco. >>> thank you. and hi, everybody. we'll talk about some warm weather. not necessarily? in san francisco, but low to mid-70s should be delightful. and on the peninsula, a lot of low level clouds hanging along the coast, 49 at pacifica, 54 at half moon bay. and 51 to 357 57 in san carlos. san rafael at 51. and let's talk about your commute. south of the bay bridge, it will be breezy and choppy. and the south bay. evening will be present,lenty, degrees. and 92 in the north bay at 4:00. and the last stop is the east bay valleys, warmest temperatures for the longest amount 6 time. after 63 at 8:00, 83 at noon, 1:00 to 7:00, low to mid-90s. 85 still a little toasty at 8:00 this evening. we'll talk about the weekend forecast coming up. >>> meet metering lights have been turned on at the bay bridge. and so aut ten

. >>> and a live look at the big board of the new york stock exchange.'re up about 300 points. >>> and stories to inspire you, one very young, and one old. how they are both marking huge milestones in their own right. did i just call her old? doesn't seem right. >> seasoned. >> seasoned. she is a senior. that's right. >>> but first, the give where live food drive will air this saturday at 7:00 p.m. it goes behind the scenes of food banks to discover how they are meeting the growing demands of feeding families and children. you can also learn how you can make a difference. just tune - ( phone ringing ) - big button, and volume-enhanced phones. get details on this state program. visit right now or call during business hours. and accessoriesphones for your mobile phone. like this device to increase volume on your cell phone. - ( phone ringing ) - get details on this state program visit right now or call during business hours. >>> keeping an eye on the marine layer and the breezes that are coming off the ocean. both of them -- one of them increasing, one dec

of the swiss stock exchange. thank you very much for joining us.ming through on the bloomberg. the e.u. court has banned the privacy shield data transfer pabt but the e.u. court cleared -- the data clauses. the court gives a binding ruling on the validity of data transfers. this has to do with the flow of data out of the e.u. i believe this started with a case involving facebook but has broadened out and has broader implications to do with the flow of data. we'll get some analysis what all of that means. it has been a busy couple of days in terms of legal rulings within the e.u. yesterday the apple ruling and today this one. the privacy shield data transfer pact. we'll get more details on that. up next, how far will the euro rise with e.u. film is luis? e'll get to the markets. this is bloomberg. ♪ more than economists are forecasting. however retail sales dropped 1.8% in june. american airlines is telling 25,000 staff they could lose their jobs once government aid expires at the end of september. that is under 1/3 of the total workforce with the c

future of the european economy so a lot of a lot of hope is writing ok a hopeful frank should stock exchange the ladies thank you so much. well the majority of the funds in the european recovery package for countries in southern europe like spain and italy they were hardest hit by the pandemic and months of lockdowns crushed their already vulnerable economies of the coals for european solidarity in times of pressure and president it's crisis at least for a time seems to fall on deaf ears and the blocks affluent north. spain reopened its borders to tourists only a few weeks ago but there are already new exit restrictions here in barcelona the number of coronavirus cases has gone up here and across spain a much hope for economic revival we had tourism is threatening to flop. other southern european countries are not fairing much better in portugal for example it's empty in regions that usually depend on tourism income. it's a total misery what we're experiencing right now there are people who cannot afford to eat but the. people in southern europe say they want to see some solidarity and they

. >>> and we're taking a live look at the big board at the new york stock exchange.we're up about 40 minut >>> we'll have more sunshine this afternoon than yesterday, but temperatures will be below average. 60 at the coast most of the afternoon, near 70 to 75 for the bay and inland neighborhoods at noon. 76 to 82 at 4:00. and near 70 at 7:00. high fire dangeringer continues in sierra due to the thunderstorms. the seabreeze will make it all the way to sacramento, 88 there. a little bit up into chico, 92. palm springs, 108. >>> breaking news at the live desk. we're looking at a big step forward as far as the covid-19 vaccine in the united states. the u.s. has signed a contract with pfizer to develop the first 100 million doses of a vaccine, it is set to be delivered in decemb december. the u.s. could buy another 500 million doses under the contract, this is part of president trump e's operatio"op warp speed" program. the goal is to deliver 300 million doses of a safe and effective vaccine by january. >>> the question of how to safely return to school and when is paramo

. >>> right now though, we're taking a live look at the big board at the new york stock exchange. done about 80 or so points. >>> and it is definitely a highlight every week, job hunting with jobina. the part-time position open right now until at least the of october and possibly longer. but first, we get to mike nicco. >>> hi, everybody. thanks for joining us. let's take a look at what is going up in the north bay, about 53 to 57 degrees. under cloudy conditions. and visibility across the board looks to be pretty good for the morning commute. we have a few 60s out there, tracy at 61, 60 at redwood everybody else around 59. bay bridge toll plaza, looking at the clouds as they bump up into the east bay hills. possibility of drizzle there in the higher elevation. otherwise breezy and choppy day four of that small craft advisory. east bay valleys, in the 60s through 10:00, but sunny and mid-80s this afternoon. another gorgeous evening on the way. peninsula, sunny and 66 by 10:00. 71 at noon. mid 70s to upper 70s this afternoon. and then 67 at 8:00. and for the south bay, we'll be sun

. >>> and right now we're taking a live look at the big board at the new york stock exchange. up this morning about 15 points. >>> heading into space in style. an inside look at an out of this world experience. >> where are they going? i'm ready. i like to be surrounded by luxury. where we're going, it doesn't matter. luxury. >> it is about the journey. >> okay. >> i don't think that we'll be going to mars. >> yeah, don't send that rover our way tomorrow, we're good. by the way, that is something that i've been following because they will set you up a weather station on mars. i'm so excited to follow that. let's take a look at what is going on back here on earth. we have mid to upper 50s in morgan hill, alum rock, milpitas. cloudy in the south bay, and even a little bit of fog. mid to upper 50s for the rest of our neighborhoods until you get to brentwood and redwood city, here is a look at the roof camera, you can see the low hanging clouds, a little mist in the air this morning. nothing extreme. today is our mildest day for ward york and there will be a small craft advisory a

. >>> and right now, we're taking a live look at the big board sft new york stock exchange, down thisorning about 150 points. the another update on how the markets are doing coming up. >>> and we're job hunting with jobina, she will tell us the role open right now for people >> first in our forecast. >> well come kcom come to to to smoke is being developed down to our south, so you may see some haze in the bay area today. and it is because of the two wildfires burning in the central valley. firefighters currently working hard to get a handle on the mineral fire near coalinga. it scorched more than 14,000 acres and is only 15% contained. the coyote fire burning just north of it has blackened 1400 acres and is 20% contained. and you can see there that it is tough terrain, hard to get to. and this is what it does in our neighborhoods, makes for amaze zi day. air quality overall will be okay. we have moderate today. so it is an air quality advisory, not a spare the air day. only really, really sick people would be susceptible to some smoke. we're mostly cloudy on the peninsula, we have 60

stock exchange is up a little more than 100 points. >>> hi, everybody. welcome to wednesday.s going on outside. already seeing sunshine in san francisco and temperatures range from about 51 to 54 degrees. a little bit of fog up around petaluma and 60s in the yush sp usual spot pittsburg and tracy. compared to yesterday, a little warmer.yush usual spot pittsburg and tracy. compared to yesterday, a little warmer. usual spot pittsburg and tracy. compared to yesterday, a little warmer. especially when you factor in the lack of the seabreeze are. and so it will be mild in san francisco but hot if you are taking mass transit anywhere else. calmer on the bridges, no small craft advisory, so smoother water for a ride on the ferry. let's take a look at the south bay, we're at 61 with sunshine. and 80 at noon, and that will start a string of low to mid-80s this afternoon. and look at all the sunshine in the north bay. 79 at noon, low to mid-80s this afternoon. and 73 at 8:00. and east bay valleys, 70 at 8:00, 84 at noon and low to mid-90s this afternoon. yep, air conditioning weather i

. >>> and right now, we're taking a look at the big board at the new york stock exchange.right now at 200 or so points. >>> and frustration in the north bay because some sonoma county businesses that were allowed to reopen have to shut down again. we'll go through the new guidelines. >>> and nemts though, it is 6:. a lot of back and forth. so we have to just you -- >> right.though, it is 6:. a lo of back and forth. so we have to just you -- >> right. >> i enjoyed the warm weekend. >> yeah, we had it pretty easy in san francisco, but everywhere else, it was anoff sve oeven. >> 71 yesterday in san francisco. >> it was delightful. >> and 102 at my house. >> no, no. >> you can keep it. >> that's what i figured. appreciate you not rubbing it in. so let's talk about how things will change today. we'll start in san francisco where it is mostly cloudy right now, 51 in ocean beach to about 55 in the ferry building, marina and also krissy field. other neighborhoods, you can see a lot of 50s out there. pittsburg 65 along with tracy. 52 in daly city. a little bit of fog along the coas

. >>> and let's take a look at the big board at the new york stock exchange.e're slightly down this morning. another update on how the markets are doing coming up next. >>> plus kfc's laboratory concoction. we're showing you what the hi. what's on your mind?in. can you help keep these guys protected online? easy. connect to the xfi gateway. what about wireless data options for the family? you can customize and save. what about internet speeds that can keep up with my gaming? let's hook you up with the fastest internet from xfinity. and now with our stores reopening, we're putting healthy practices in place. come visit a store today. stop in or book an appointment online at a time that works for you. now that's simple, easy, awesome. ask. shop. discover at your local xfinity store today. dearand with summer here,these energy bills are rising. together, we can save energy and money... by taking steps to stay cool while using less. keep safe and keep it golden. >>> welcome back. it is about 6:44 on a monday. let's take a blook frlook from came camera. there is a

we have been seeing hong kong stock exchange debuting a new tech index.gest tech companies listed in the city, including chinese giants tencent and alibaba. tracking this would have returned 47% are investors versus a loss of 12% for the hang seng. chinese listing in the pipeline. goldman sachs 3.9 billion dollar agreement with malaysia over the 1mdb scandal could pave the way for a settlement with the u.s. justice department. the malaysian deal announced late friday includes a payment billionillion -- $2.5 to resolve probes and guarantees an additional 1.4 billion dollars will be repatriated to malaysia for assets seized around the world. hsbc is denying it framed huawei, saying it didn't spot the u.s. probe into the tech giant. they made the statement in response to allegations from huawei, which claims the u.s. mid -- misled canadian authorities on a presentation given by a jailed ceo. hsbc says it has no hostility towards huawei and did not ensnare the company in the probe. the managing director of a bank reduced his holding to the lender, selling 7.4

. >>> and right now we are taking a live look at the big board at the new york stock exchange. looks like we're down a beit th this morning. >> it really like tugs at every single emotion. >> i talked to him about his emotional experience on a new episode of what would you do that airs tonight. so that will be very interesting. >>> but, first, we're going to speak with meteorologist mike nicco. >> no, first, i was sitting in the studio while you were doing this interview and i couldn't hear anything but all i saw was. and i said, what are they talking about? what are they doing? >> okay. so, last year -- we did a pose off which adam admits i won and he wanted a rematch. >> it was good last year. i need to see this. who won? who won? >> you do need to see it. you're going to decide, by the way. >> okay. >> oh, fun. was this part of "midday live." >> yes. >> ready. didn't recognize him. i would have recognized him just like that. then, again, i watch figure skating. so, let's take a look at what's going on outside weather wise and can't wait for "midday live." that's going to be

. >>> right now we're taking a live look at the big board at the new york stock exchange. this morning up 225 points. another update on what the markets are doing next. >> when i heard we could reopen i cried. i was so excited. the only thing that could stop us is rain. >> could your next hair cut be out on the streets? we have a live report on the bay >>> you're never more than seven minutes away from your accuweather forecast. >> this is abc7 mornings. >> this is a live look from sfo this morning. you can see the clouds are really low and wouldn't be surprised if there was a little drizzle as we look off towards the west. let's talk about your planner today. mid to upper 50s. pretty much where we were yesterday but during the afternoon hours 60s at the coast and 81 inland and refreshing breeze and temperatures maybe a degree or two cooler than yesterday. those thunderstorms up in the sierra. look at that. causing a high fire danger. red flag warning from 1:00 this afternoon to 9:00. 83 in tahoe and 88 in yosemite and even the cool sea breeze making it to sacramento. 88 t

. >>> right now taking a live look at the big board at the new york stock exchange. looks like we're down this morning about 215 points. another update on how the markets are doing coming up next. >>> and now that some scientists say covid-19 particles do spread through the air there are some steps you can take to purify your surroundings. >> i got some ideas. bye. leave. no. all right. i'll go. >> i was about to go grab barbara's personal air purifier and show you guys that. i meant to do that. did i show you guys that that yet? she has a little air purifier. >> i saw the pictures of her on the plane. >> there you go. that's what it was. i knew i posted it somewhere. i'll see if i can get it on the next commercial break. let's talk about air quality and this is due to the fires not the pandemic. you can see a lot of green out there right now. fairfield and you can see from the mt. meadow fire everything is pretty green right there. air quality is good and same thing around most of the reporting stations in the south bay. however, the bay area air quality management

it was meant to be a siege of pakistan stock exchange in karachi but the attackers were killed beforethey could enter the building they were armed with automatic weapons and grenades a group called the liberation army or b. says its fighters carried out the attack the un security council condemned it and urged all states involved to work with pakistani authorities that really is banned in pakistan the u.s. state department has also labeled it a terrorist organization the group is seeking independence for baluchistan pakistan's largest province which has been plagued with violence for years. this is the remote our own district where soldiers routinely sleep lords reform and problems before convoys can go through in the last few years the insurgency has been pushed back resulting in fewer attacks but leaders accuse foreign powers of continuing to create unrest instability uncertainty instability and uncertainty was the plane we have no doubt it was planned in india like you have knows for the last 2 months that our intelligence agencies thwarted attacks might go unnamed was. pakistan ha

tesla's shares closed on the new york s stock exchange on wednesy at a record high of $1,119. the price has risen fivefold over the past 12 2 months, and more than two and a half-times since the b beginning of the y, despite the coronavirus pandemic. tesla's stock prices have fluctuated in the past, due to a series of controversies. but it's attracted many investors with its one-of-a-kind models, which are ecofriendly and competitively priced. tesla sold just under 370,000. still, analysts say investors are drawn to tesla's status as the world's top electric carmaker and are pinning big hopes on ceo elon musk's business prospects. >>> the city of hiroshima is trying to bring some closure to families affected by the atomic bombing in 1945. ofofficials therere want to han over the remains of victims, who have been identified but not, yet, claimed. so they are making an annual effort to trace the families. officials sent the names of 814 victims to local governments and groups of a-bomb survivors. the victims are among about 70,000, whose remains are entombed in hiroshima's peace

they've traded on the near stock exchange and nasdaq, and they don't have to tell us the true story ofheir quarterly earnings the way every other company does. should they be on these exchanges if they don't follow the rules of america? >> yeah, i think we've gotten to a point where we are saying enough is enough. enough is enough in terms of intellectual property theft, enough is enough in terms of an unequal, unlevel playing field in the way companies are created. and this is another enough is enough. and i i think that people have to realize that we have crossed that line, that the tolerance that the u.s. was showing earlier is gone. and for good reason. the assumption was give china time, and they will adhere to global standards. and what has materialized is much less than that. maria: mohamed, obviously, we'll keep following it, and we enjoyed your op-ed. thank you very much for being here. >> it's always a pleasure, maria. maria: stay with us, my one-on-one with florida senator marco rubio up next. stay with us. ♪ ♪ the new house is amazing. so much character. original crown mold

maria: so explain the need for minority-own exchange we have several stocks exchanges. ou going to have the amount of volume that you think could actually sustain here? >> well, there's a number of different answers to that. yes, we're hoping to. the need for the exchange really is our design and our philosophy to reach down in small cap markets to things our country had close to 10,000 public companies and 3500 today, and hardest hit is the 50 million and under ipo market. at one time 70 to 90% of all epo were 50 million and under now we have two or three a year. and that's our research. so we're really going to be dedicating ourself it is to a small cap marketplace. and a diverse marketplace really going to go after seeing a minority community be able to participate in the equity market and we hope they'll be volume i think that as a national market exchange there will be plenty of volume for us to go around. >> and what have you seen so far what's the reception so far? >> so the reception is tremendous. i mean we actually, we've been working and dedicating ourselves t

are 19 and one set of calls on the hong kong exchange stock. shery: tech shares march on and are approaching one measure not seen since the dot com bubble. is betting on tack. he joins us online from california. tech is a core part of your portfolio. i want to bring in this chart for our viewers showing the nasdaq above its moving average and it's just one of the measures i'm talking about. another measure of velocity relative to the s&p 500. are we all little overstretched year? how much higher are you expecting it to go? think we are going to continue to see while we had this big jump, we continue to see a lot of strength in the tech area because it is these companies that are facilitating the distributed lifestyle and changes in behavior that are going to happen post this coronavirus and people working from home. these companies enable people to work in a distributed way and have a distributed lifestyle. the market has gotten a bit ahead of itself, so there's some bouncing us and volatility coming up over the next three or four months, but t

traders on the stock exchanges can trade bonds listed in both venues. toulators will allow both conduct issuance. china's bond market is the world's second-largest. still ahead, hong kong is facing challenges on several fronts from the new security lull to the resurgence of the coronavirus. were going to be speaking with calvin -- we are going to be speaking with calvin lampshade -- calvin lam. tightening containment measures except in beijing. will bring you the latest on covid-19. this is bloomberg. ♪ tom: welcome back. this is bloomberg markets: asia. , the global demand for electric cars, particularly those from tesla, are boosting a south korean battery maker. to as surged more than 60% valuation of about $30 billion and is now the sixth largest stock on the kospi index. carmakerss several but has been lifted by deal with tesla. apple is expected to have a new iphone producer in china, potentially setting up a clash with the increasingly anti-mainland administration in washington. luck share precision as buying. it is already the biggest maker of a

the opening bell of the new york stock exchange this morning.he dow drops more than 200 points despite blowout earnings from big tech. the dow down currently 221 points. >>> well, new for you at 11:00, a new law in australia will go into effect this year that will force social media giants like google and facebook to pay for original news content. so australia will become the first country in the world to require facebook and google to pay for news content from australian media companies. media companies around the world are going to be watching this and see how the social media companies react to all of this. this comes just days after the tech giant ceos were grilled in washington for their practices. >>> well, check out this unique new way people are coming together to help those struggling to make it in the bay. they are called community refrigerators. it's an idea that started in new york city and is coming to cities like san francisco, oakland, and los angeles. and now heading to san jose. so one fridge in west oakland was filled with prod

hong kong stock exchange closer to four months i when a chinesee state rurun newspaperer encourad ballestment. beijing's message, it can't engineer the stability that business wants under the conditions that china wants. brent: to talk about this more, i'm joined by my colleague from dw business. it is good to see you. do we know why facebook and twitter are doing this? stephen: it is not unusual for the social messaging services to comply with local laws when it comes to investigations, legal matters. better within the law and also meet those services terms of use. when we say terms of use, they do have provisions on human rights. they are not going to turn over human rights advocates in countries where they fear they could be persecuted. that is where we are now with this hong kong law. it is clear that the law is vague, but it is meant to target opponents of beijing, in but it is being applied very loosely. there is a fear that these requests that would normally be used to aid a government would be used to act to harm protesters who are expressing what these companies believe is a f

. >>> well, there you have it, the opening well at the new york stock exchange where the dow is up 367 points right now. the dow actually jumped nearly 400 points today as those tech companies lead the market surge. amazon and netflix hitting some records today. >>> well, san francisco's uber also making some headlines. it's actually swallowing up one of its competitors in the food delivery game purchasing postmates for $2.5 billion. postmates covers some of the same territory as uber eats. that moved uber's latest effort to gain ground. uber recently lost out on a bid to nab grubhub which was purchased by a european company. >>> the online site compare cards finds people are opening fewer credit card accounts. the number of new cards opened between april and may dropped to a whopping 65% from the same time a year ago. >>> tributes are pouring in this morning for broadway star nick cordero. yesterday he lost his battle with coronavirus. his death really touching the nerve on social media where his wife would actually share those ups and downs of that difficult journey. >> reporter: the