Capital requirements for the insurance sector. The head of the Nation Authority at the top of this hour. And ruling himself out of running for the top job. Just who will lead europes biggest bank . Manus monday morning wake up reality check for markets. The expansion and contagion of equity market. Nasdaq futures are down. Hong kong morning that there is a tsunami like claddagh close facing them tsunami like facingthey that dad facing them. Gold. Ve i bugged hardline on the weekend story. Love the headline on the weekend story. It is warranted. Gold is in the midst of a perfect storm. Juliette saly is standing by to contextualize this new evolution in the coronavirus. The headline is that nonresidents are being able to leave the province. Good morning. Y are seeing these cases spread outside of china. Total to more than 160. Down 3 . Is you can see on my chart, heavy volumes. It is projecting changing hands for only the sixth time in the last 12 years. Samsung had to shut down a factor
The language not all of this gets me a little but uniquely to a truck would say you want to know their story muslims who are fighting and promote the mission for margaret. Saudi arabia is selling the family silver its offering a tiny slice of states own oil giant around tote but the 1. 5 percent of the company up for grabs still looks set to be the most valuable i. P. O. Ever. The bottle for the skies heats up as they do by air so with european giant airbus on u. S. Rival boeing competing to seal deals. Im sinai is investing billions in Artificial Intelligence some of the applications are improving peoples lives but there are concerns about how the technology could be used to it is our state control. This is the details of your Business Life from berlin i take for us on the welcome along. Saudi arabia has decided to restrict Oil Giant Aramco its i. P. O. To the Riyadh Stock Exchange with the vast majority of shares to be sold locally the decision is a huge step back from original plans
I mean when i was a women especially in victims of violence. Take part and send us your story you are trying in all ways to understand this new culture. You are not a visitor nothing yet you want to become citizens. In full migrants your platform for reliable information. In. Saudi arabia is telling the family silver its offering a tiny slice of state owned oil giants around college but the 1. 5 percent of the company up for grabs still looks set to be the most valuable i. P. O. Ever. The battle for the 5 feet up but its by air so with european side airbus. And us michael boeing company seem to seal deals. And if youre looking to get your hands on some the source milk there is a fresh ideas floating around and. This is detail the business im Kate Ferguson welcome. Saudi arabia is restricting a broncos i. P. O. To the Stock Exchange the decision is a huge step back from original plans to go public in other locations like new york the company has been valued at 1. 7 trillion dollars less
They have to pay back their expectations. Well i think of their expectations were slightly high to try and valued the overall. Business 2 trillion to me was partly a vanity project is very valued and when they were when they were asking the overseas investors to get involved it was lukewarm pretty much everybody said that its going to be 2 trillion is far too much and more realistic valuation now seems to be around the 1. 7 trillion to 1. 7 trillion but even then i think you know the market in general Still Believes that that could still be slightly on the high side so i think you know theyve just adjusted to reality to a certain degree was the valuation the only reason that International Investors stayed away. Well i think not necessarily i mean what youve got to look at is the Saudi Arabian market is a fairly limited access market for foreign investors. And there are concerns with regards to control and political influence within the saudi aramco business as a whole than unfortunatel
Bring in a head on the air hes an Investment Analyst at the share center and joins us now from london it will be the biggest i. P. O. Of all time but the saudis were planning to make much more from the sale why did they have to pay back their expectations. Well i think their expectations were ultimately slightly high to try and valued the overall. Business 2 trillion to me was partly a vanity project very valued and when they were when they were asking the overseas investors to get involved it was lukewarm pretty much of what he said that its going to be 2 trillion is far too much more realistic valuation now seems to be around the 1. 00 trillion to 1. 00 trillion but even then i think the market in general Still Believes that that could still be slightly on the high side so i think you know just adjusted to reality to a certain degree was the valuation the only reason that International Investors stayed away. Well i think not necessarily i mean what youve got to look at is the Saudi A