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dove, lever 2000, all under the umbrella of unilever.eping your freezer stocked with ben & jerry and good humor bars. one could argue taking over as president of that company or at least the u.s. division right before a pandemic is not exactly the greatest timing, but first on fox business, that's what fabian garcia had and faced. he took over as president of unilever north america on january 1st. he joins us first on fox business on "the claman countdown" and i do have to say, the timing probably would inspire a lot of fear in people's hearts but talk to us, fabian, if you could, about the moment this country realized there was a pandemic and you had a company that was squarely in the sights of consumers who were either going to buy or lock down. >> first of all, thank you for speaking to us, liz. i am, of course, speaking on behalf of the 10,000 employees that work at unilever north america. of course, when i interviewed with unilever, there was no hint of a pandemic that would be the defining moment of my early days in the company. we

unilever is a leader.ream brands, and most consumers, especially many hurting post covid with the economy, same quality, same price, but green. need newlock that, you science, and we believe that especially biotech is now ready to industrialp scale light for home care. how much of a feature is this kind of concern? matters andut esg the environment. how much does it feature in shareholder conversations? when you and others meet with shareholders, peter, is this all they want to talk about, or is this an addendum to the conversation? how is this treated in conversations? like: ultimately, issues climate change have become part of the framework, and companies who are not willing to deal with their externalities are more risky companies. so all smart investors obviously now look at businesses like unilever covering all of their bases, and this is a very important one. climate change is real. plastic tax is real. all of these discussions. they are now here. they will not go away. and you need companies like ou

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in my country unilever it's the claim that they use 100 percent sustainable ball boy. i'll try it there are thousands of sustainability and quality labels but down no relevant liguori going to nations for this business that has had turned over all 37000000000 euros a year.

we are clear on the business case for sustainability and purpose at unilever. growth, wrote deuces cost. -- reduces costs. it is a magnet for talent. one of the enduring impact we are seeing from covid is consumers are shifting their spending toward brands and companies that operate with responsibility. we can measure that right away. please join us in trying to eliminate this idea that there is a trade-off between purpose and profits. purpose is the pathway to better financial performance. >> that was the ceo of unilever. now let's get to sophie and hong kong. after those gains on wall street, we saw the s&p snap a three day decline. asian futures pointing mostly higher. kiwi stocks rising for the third day. and engineering services firm pricing its ipo at one hong kong dollar per share. australia, potentially looking at a bounceback with energy leading the drop. w t i remaining under pressure. bonds, theg in on three year fell below zero for the first time. kiwi yields edging higher. .reasury futures lower let's get a snapshot of iron ore. a choppy wednesday

shery: unilever's ceo, alan jope.demic relief meant for small businesses ended up in the pockets of employees at the largest bank in the u.s. we will explain next. don't forget, if you are away from a screen, you can always find in-depth analysis and today's big newsmakers on bloomberg radio, now broadcasting live from our studio in hong kong. listen via the app, radio plus, or bloombergradio.com. plenty more ahead. stay with us. ♪ >> breaking news out of japan. we are getting core machine orders for the month of july growing six point 3% month on month, beating expectations of growth of only 2%, and this of course also coming after that surprise decline we saw in the previous month. the year on year numbers also beating expectations, still a contraction, but the smaller contraction than was expected of 16.2% and a smaller decline than in the previous month. those numbers looking pretty good. a surprise to the upside. of course, machine orders are leading indicators of investment. we have seen perhaps this being drive

the mocking crops and eyes we will must replace unilever and you only live in markets these products and the former and the friends brand names in supermarkets. in my country uniquely but it's the claim that they use 100 percent sustainable boyo. try it there are thousands of sustainability and quality labor costs but down known relevant liguori going to nations for this business that has a turnover of 37000000000 euros a year companies and as has he asians in all branches invent certification labels as they see fit standards are usually company clio pay. my . little resemblance in all single english doing it isn't what they were up to base an idea once into scientists and kindly is professor here and now i'm less intense in austin on kansas winds and i could also if that's not those captains on leaders honest examining on muslim holy land draft. brought night to me years you. can die of state covers fused as it is space has no wind in an hour you can buy stocks and make it more an environmental friendly and more fair but but then i look at the labels you are in most of the labels ar

shares of amc up more than 7% in the pre-market unilever will switch to renewable or recycled.1 billion clean future investment that will focus on water efficient products saying profits plunged. the company taking a $1.2 billion write down largely due to absolute which relies heavily on duty-free sales in airports >>> thank you. wework has faced a number of hurdles with its own problems exacerbated by the ongoing covid-19 outbreak. new set to face a new competitor in china eunice yoon will join us with more on this new rival what can you tell us >> the company is called ucommune and is already the arch enemy. they are eyeing overseas markets looking to open new locations in los angeles and london offices remain idle in china amid the pandemic but this shared one is fully rented out ucommune has recovered after plunging at the height of the crisis >> more and more people recognize co-working helps them out. the company leezs office space and rents them to businesses looking for flexible work space. >> he believes his model is different from wework because of his differences. >>

francine: we are getting breaking news out of lee unilever.- out of there was talk about moving the headquartersat got pushed back. it seems now the dutch volt --ders just puts a a vote are all on board. let's get back to the u.s., 42 days away from the election and early voting is already underway in several states. of ruth bader ginsburg may reshape the campaign for president trump and his opponent, joe biden. joining us now is stephanie kelly, senior political economist at aberdeen standard investment. great to have you on the program. this could reshape the election campaigns. stephanie: i think it certainly could, particularly if we look at the election campaign over the last few months and how incredibly stable it has been. remarkably so. we are wondering what might shake things up. president trump's election strategy, is now very clear. as a win particular for conservative voters trying to motivate is very large consistory -- consistency of white evangelical voters. francine: what does this do in the minds of people who did not know who to vote for? in thate: it is tricky regard because i

. >>> unilever to eliminate fossil fuels in its cleaning products by the year 2030 >>> the chinese diplomato get approval to visit u.s. campuses. the move comes as tensions between the two are heating up about espionage activities >>> you're up to date, kelly back to you. >> sue, thanks very much >>> we've seen big gains with march lows with chegg leading the way up 150%. the only thing we do know about learning this year is a lot of it will be done online what's less certain is what exactly virtual classrooms will look like. for more on that i'm joined by ylan mui ylan >> reporter: kelly, the pandemic is forcing schools to shift to an online classroom, and some of those issues will outline the coronavirus. the coronavirus is changing america's classrooms in some concrete ways, like socially distanced desks, sanitation stations and stockpiles of ppe other changes are less tangible but more fundamental as the pandemic turns the old model of education upside down. >> one thing we've learned along the way, we've got to think differently about creating a new normal within education. >> reporter

unilever paid him $800,000 for detergent. and serta mattress, and $15 million over several years., while he was able to make money through "the apprentice" and through the game that followed, the reality is that the president's own businesses, the ones that he owned and operated, they were not doing so well during that same time period. in fact, losing $175 million during the same period, suggesting that president trump was far better at playing a real estate tycoon than actually being one. >> right, he wasn't actually what he was portraying himself to be to the american people. has there been any reaction from "the new york times"? >> president once again ignoring shouting questions as he was leaving the white house about this but it seems that the president and his team can't quite pick a strategy. we've heard that the president say this is fake news, totally made up stories and some of the president's allies are following that tune. and in the same time, you have them calling for an investigation into the irs. eric trump, the president's son, suggesting someone at the irs actua

unilever is a gigantic consumer products company. they make them? >> yeah. and some of those products include cleaning products. they're now spending $1.2 billion to stop using oil and gas to make the products in ten years' time. so they will eliminate fossil fuels by 2030. it's a switch to renewables or recycles carbon. it's very popular. i find fit amazing, i charted this stock this year, it's only up about 6% on the year, i said, what? to not only to they make cleaning and laundry products, they also make hell match's, another pan -- hellman's, another pantry favorite. it surprised me, stuart. stuart: i just wonder if our producers can get me, can you show me netflix on the air? the reason i say this is because i've got a flash from from "thew york times" that says prince harry and meghan sign a megawatt netflix deal. that's in "the new york times" this morning. netflix, though, is down $8, $7, 1.4%. now, let's move on. the pandemic pushing the demand for home appliances. i don't think of samsung as a home appliance company, but y

con sus propias iniciativas durante este tiempo, vamos a conectar con fabiÁn garcÍa, presidente de unileveruar su educaciÓn, si tu audiencia o ustedes, las personas que nos estÁn observando ahorita quieren ayudarnos o quieren buscar ayuda, por favor conectese en una pÁgina que se llama united for amÉrica y ahÍ hay una cantidad de opciones para todos los que desean donar dinero, equipo, o pedir ayuda y hasta mandar cartas de agradecimiento a la gente que nos estÁ ayudando. >> muchÍsimas gracias, fabiÁn por esta bonita iniciativa, esta labor y por conectar con nosotros. >> gracias a ustedes. >> nos encanta lo que estÁn haciendo y deseamos que puedan seguir tambiÉn ayudando a muchas mÁs personas que lo necesitan, ya sea porque no se pueden conectar a travÉs del internet y ustedes ofrecen las ayudas o para esos bancos de alimento tambiÉn para familias que no tienen quÉ darle de comer a sus hijos. >> asÍ es, bueno, amigas, hacemos una pausa y si ya tienes pasado los 40, dependiendo de la ocasiÓn puedes ser fashion, moderna, tenemos los looks que te hacen ver mÁs guapa aÚn, y un poco mÁs joven. >