Tesla's market value has overtaken Ford's after shares in the soared more than 7%. The electric car maker has a market value of $49bn, compared with Ford's value of $46bn. James Brydges asked David Bailey, professor of industry at Aston Business School, whether the news was significant.
US futures are down, 10-year Treasury yields are at five week low, and oil prices are sliding. What's going on? Ed Bowsher was joined by Chris Beauchamp, Chief Market Analyst at IG to discuss this and more of the day's big macro news.
Today on the agenda, Georgie and consumer rights expert Martyn James discussed how millions of customers unable to pay their credit card bills are being exploited by banks. Plus they look into why a row's broken out between the Church of England, Cadbury and the National Trust over the removal of the word "Easter" from an annual egg hunt. All these stories and more on The News Review.
The Prime Minister's promising an extra 160 million pounds to help countries look after refugees fleeing Syria. Later, she'll head to Saudi Arabia - and is having to defend the UK's links with a country accused of human rights violations. But to start off, Georgie Frost was joined by Jack Sommers of the Huffington Post to talk more on the Gibraltar Brexit deal.
Nigel Cassidy joined Georgie Frost to discuss the main market headlines of the morning, starting with ASOS. Plus we've also heard from Energy consultancy firm Utilitywise. Nigel spoke with the company's CEO this morning, what has it reported? And the housing market is causing problems for Topps Tiles.
Now to IPOs, which according to the latest E-Y Global IPO Trends report, are looking 'robust after promising Q1 results' despite global economic uncertainty, i.e. Brexit. So, what is the reason behind such a positive start to global IPO activity? Martin Steinbach, EY's Global IPO Leader answers.
The Railway Industry Association wants high-level talks with the government over the future of railway supply chain companies in the UK. Rail supply chain companies want to make sure that the industry is represented in the forthcoming Brexit negotiations. James Brydges spoke to Sim Harris, managing editor of Railnews.
What's going wrong at Paramount? Parent company Viacom has lost patience and changed CEOs after a string of flops led to a $455m loss last year. Brad Grey's been replaced by former 20th Century Fox chief executive Jim Gianopulos. Ben Hur and Zoolander 2 proved unpopular with audiences, and led to unfavourable comparisons with Disney's goldmine franchises like Rogue One and Captain America. James Brydges heard from Richard Broughton, research director at media analysis firm Ampere.
ASOS, the popular online retailer which offers consumers fast and cheap fashion, released it's latest interim results today. So how is this boom affecting our physical high-streets? And what issues do online retailers face despite their popularity? Joining Nigel Cassidy is Clare Bailey, Retail Expert to discuss further.
Utilitywise, the independent utility cost management consultancy, released interim results today. The deregulation of English water means thousands of local businesses will have access to ‘choice’ in supplier for the first time. Brendan Flattery, CEO of Utilitywise joins me on the line now to talk through Utilitywises' numbers and the recent deregulation of English water.