1 00:00:01,680 --> 00:00:04,800 Speaker 1: News when you wanted. With Bloomberg News Now, I'm Brian 2 00:00:04,880 --> 00:00:08,880 Speaker 1: Curtis in Hong Kong. US Secretary of State Anthony Blincoln 3 00:00:08,920 --> 00:00:12,039 Speaker 1: and Defense Secretary Lloyd Austin say they see the risk 4 00:00:12,080 --> 00:00:16,080 Speaker 1: of escalation in the Israel Hamas conflict. Here's Blinken speaking 5 00:00:16,079 --> 00:00:17,560 Speaker 1: on NBC's Meet the Press. 6 00:00:18,079 --> 00:00:20,200 Speaker 2: We are taking steps to make sure that we can 7 00:00:20,280 --> 00:00:24,560 Speaker 2: effectively defend our people and respond decisively if we need to. 8 00:00:25,040 --> 00:00:27,720 Speaker 3: This is not what we want, not what we're looking for. 9 00:00:28,080 --> 00:00:32,479 Speaker 1: We don't want escalation, and Defense Secretary Lloyd Austin on 10 00:00:32,560 --> 00:00:33,840 Speaker 1: ABC's This Week. 11 00:00:34,440 --> 00:00:38,720 Speaker 4: If any group or any country is looking to widen 12 00:00:38,760 --> 00:00:42,400 Speaker 4: this conflict and take advantage of this very unfortunate situation 13 00:00:42,520 --> 00:00:48,320 Speaker 4: that we see, our advice is, don't we maintain the 14 00:00:48,400 --> 00:00:52,240 Speaker 4: right to defend ourselves and we won't hesitate to take 15 00:00:52,280 --> 00:00:53,200 Speaker 4: the appropriate action. 16 00:00:53,720 --> 00:00:58,680 Speaker 1: Defense Secretary Lloyd Austin on ABC's This Week. To Politics 17 00:00:58,760 --> 00:01:01,960 Speaker 1: in Washington Now, the roster for this week's vote on 18 00:01:02,000 --> 00:01:05,000 Speaker 1: the House Speaker has been set. Bloomberg's Ed Baxter with 19 00:01:05,120 --> 00:01:05,959 Speaker 1: the story. 20 00:01:05,760 --> 00:01:09,000 Speaker 3: Former House Speaker Kevin McCarthy is immediately endors Tom Emmer. 21 00:01:09,040 --> 00:01:11,479 Speaker 2: We need someone who understands how to do this job. 22 00:01:11,760 --> 00:01:14,400 Speaker 2: I believe Tom Emmer our whip. He's been in the 23 00:01:14,480 --> 00:01:17,080 Speaker 2: room with all of our successes, from our bills to 24 00:01:17,120 --> 00:01:20,400 Speaker 2: secure the border, from Parents' Bill of Rights, from cutting 25 00:01:20,480 --> 00:01:22,800 Speaker 2: two trillion dollars, getting work requirements. 26 00:01:23,000 --> 00:01:27,399 Speaker 3: Along with Emmer, Jack Bergman Byron Donalds, Kevin Hearn, Mike Johnson, 27 00:01:27,520 --> 00:01:32,560 Speaker 3: Dan Muser, Gary Palmer, Austin Scott, Pete Sessions. McCarthy also 28 00:01:32,640 --> 00:01:34,520 Speaker 3: called what has gone on so far in the party 29 00:01:34,560 --> 00:01:37,600 Speaker 3: and embarrassment. I'm at Baxter Bloomberg Radio. 30 00:01:37,800 --> 00:01:41,080 Speaker 1: Chinese authorities have recently launched a number of probes that 31 00:01:41,240 --> 00:01:44,200 Speaker 1: might shake the confidence of foreign companies in the country. 32 00:01:44,600 --> 00:01:47,640 Speaker 1: State media said over the weekend that regulators are conducting 33 00:01:47,720 --> 00:01:51,320 Speaker 1: tax audits and reviewing land use by fox Conn Technology, 34 00:01:51,880 --> 00:01:54,600 Speaker 1: that is Apple's most important partner and one of the 35 00:01:54,680 --> 00:01:59,520 Speaker 1: largest employers in China. ONNEI Precision fox Kahnn's public arm 36 00:02:00,080 --> 00:02:03,960 Speaker 1: it would cooperate with authorities. In addition, sources say that 37 00:02:04,000 --> 00:02:08,040 Speaker 1: an executive and two former employees of WPP, the big 38 00:02:08,080 --> 00:02:12,560 Speaker 1: advertising company, have been arrested in China as well. The 39 00:02:12,600 --> 00:02:16,280 Speaker 1: government also reportedly detained a local employee of a Japanese 40 00:02:16,320 --> 00:02:19,720 Speaker 1: metals trading company who was announced this week, but the 41 00:02:19,840 --> 00:02:24,080 Speaker 1: arrest happened back in March. Australia will suspend its case 42 00:02:24,120 --> 00:02:27,919 Speaker 1: at the World Trade Organization over China's tariffs on wine imports. 43 00:02:28,280 --> 00:02:29,760 Speaker 1: More from Bloomberg's. 44 00:02:29,240 --> 00:02:32,720 Speaker 5: Paul Allen, China will undertake a review of its tariffs 45 00:02:32,760 --> 00:02:36,000 Speaker 5: on Australian wine and that's expected to take five months. 46 00:02:36,400 --> 00:02:39,639 Speaker 5: During that period, Australia has announced it will suspend its 47 00:02:39,720 --> 00:02:43,400 Speaker 5: wto dispute over China's actions. This is according to a 48 00:02:43,400 --> 00:02:46,560 Speaker 5: press release from the office of Prime Minister Anthony Albanesi, 49 00:02:46,880 --> 00:02:49,360 Speaker 5: and this comes ahead of a visit by Albanesi II 50 00:02:49,560 --> 00:02:53,040 Speaker 5: China from November fourth through to the seventh. It's the 51 00:02:53,080 --> 00:02:56,480 Speaker 5: first by an Australian leader since twenty sixteen and another 52 00:02:56,560 --> 00:02:59,280 Speaker 5: sign of warming relations between the two governments. 53 00:03:00,280 --> 00:03:04,119 Speaker 1: Paul Allen Prime Minister Albenizi will be in Washington tomorrow. 54 00:03:04,160 --> 00:03:07,000 Speaker 1: He will meet with President Biden Well. Nearly a third 55 00:03:07,000 --> 00:03:09,760 Speaker 1: of S and P five hundred companies will report earnings 56 00:03:09,800 --> 00:03:13,959 Speaker 1: this week. These include Meta, Amazon and the US automakers. 57 00:03:14,080 --> 00:03:16,320 Speaker 1: More from Bloomberg's Denise Pellegriney. 58 00:03:15,960 --> 00:03:19,120 Speaker 6: Profit margins will be scrutinized as investors. That says how 59 00:03:19,160 --> 00:03:23,760 Speaker 6: businesses are coping with rising wages, fuel prices, and other costs. 60 00:03:23,919 --> 00:03:26,760 Speaker 6: Ford and General Motors, still in talks with striking workers, 61 00:03:26,880 --> 00:03:30,280 Speaker 6: along with UPS and Chipotle, may discuss how they're dealing 62 00:03:30,320 --> 00:03:33,520 Speaker 6: with the challenges, and investors hungry for info related to 63 00:03:33,639 --> 00:03:36,520 Speaker 6: artificial intelligence may be able to learn more about the 64 00:03:36,520 --> 00:03:40,320 Speaker 6: cost of the emerging technology when Microsoft, Alphabet, and Meta 65 00:03:40,400 --> 00:03:43,720 Speaker 6: opened their books and cost savings could be in focus 66 00:03:43,720 --> 00:03:46,760 Speaker 6: for Amazon after making an effort to reel things in, 67 00:03:47,000 --> 00:03:50,720 Speaker 6: According to analysts at Cown, Denise Pellegrine, Bloomberg Radio. 68 00:03:51,160 --> 00:03:54,080 Speaker 1: That's news when you want it with Bloomberg News Now. 69 00:03:54,400 --> 00:03:56,840 Speaker 1: I'm Brian Curtis. This is Bloomberg