Abb shares get a boost as ceo bjorn prepares to assume the top job taking over from acting ceo peter in march. Campaigning from the cabana. Takes to the beaches of italy to push his snap Election Agenda but denies hell run an ant antieuro ticket. Persian Gulf Shipping lanes as well. Well take you aboard the uss Abraham Lincoln to find out what theyre doing to deter teheran well, good morning, everybody. Were starting the week with a positive tone. You can see right behind me broadly speaking were actually up in the green. Now, remember last week was an extremely volatile week. By the end of the week we had wall street indexes all three close in the red for the week, although much up from the lows asian equities as well europe, all the action on friday was on the italian index ftse mirks b was done 2. 5 Percentage Points on friday. Today were seeing a better tone to italian assets. Ftse mib is up. 6 percentage point. Generally speaking the mood is a lot more positive as we start off the
Positive start after u. S. Stocks close in the green, but log their third negative week in a row while the Trump Administration seeks to calm recession fears. I sure dont see a recession despite a lot of worries if its a volatile stock market. Most economists on wall street had been marking up their forecast for the third and Fourth Quarter and hong kong prepares for more massive protests after millions brave the rain in a peaceful rally for the 11thstraight weekend of prodemocracy demonstrations in the chinese territory. Well, good morning, everybody. As you can see, there is already quite a lot of green on the board behind me, but first i want to take you to some european news that the german finance minister says berlin has the capacity to launch fiscal stimulus worth 50 billion euros in the event of an economic crisis now concerns of a slow down in europe have grown after weak Economic Data across the continent. Now on friday, the german magazine reported berlin could take on new d
Lost. Asian markets and investors dial back. But the bank of france governor hints that the ecb could act in its next meeting. We speak about Monetary Policy, we have several governing to come in the next month. And if and when needed, there must be no doubt about our determination to act and our capacity to act. New party wins a resounding victory as Prime Minister tells cnbc hes ready to deliver change. I feel if i have a strong mandate to deliver on my agenda, which is an agenda to grow the economy, to create more jobs but also to make sure that the greek people feel safe again. Hard to swallow. Shares sink after the French Food Company warns sales growth will slow in the Fourth Quarter as the caterer braces for the loss of several north american contracts. Well, good morning, everybody. Our top story today Deutsche Bank shares are trading higher after the german lender announced an overall which describes as, quote, the most fundamental transformation in decades. They will create a
In this country. An estimated crowd of around 1 million people. The pope really addresses the public in english but did so sunday even as he offered a final blessing. May god bless you all, god bless america. Reporter pope francis ended on a high note as his last day here in the United States began with some of his strongest comments yet about church sex abuse. God weeps. Reporter speaking two to three hundred bishops this morning the pontiff went offscript for nearly three minutes and acknowledged some clergy members caused grievous harm. Translator and i commit to a careful oversight to ensure that youth are protected and that all responsible will be held accountable. Reporter those remarks came after meeting privately with five sexual Abuse Victims inside st. Charles borneo seminary. Barbara blaine from chicago is the president of the Survivors Network of those abused by priests. What im looking for is that the pope and Church Officials to take action that will prevent some other ch
Know doubt about that. When we come back, well hear from thrilled students in just a bit. Local entrepreneurs look to cash in on this historic weekend. Well. Back now on Eyewitness News on your sunday night. Crews working hard to clean up the ben franklin parkway. Holy father is en route to rome after an historic visit to philadelphia. Pope francis made an unexpected stop to mass on the parkway. Showed up at st. Joes University Much to the delight of students and officials who happened to be in the area. Students chanting. Also surrounded the holy father as they except accepted a jersey from the schools president. Then blessed a statue there recently put on display. We talked to students and staff who have been waiting several hours hoping that what was rumors of the pope of rival turned out to be true. I never thought the pope would come, and they were sitting there. On a i started sitting a the 12 00 p. M. Today and 3 00 he came. I cant even describing im overwhelmed, just like. What