Lufthansa cuts profits, unilever breaks. We hear from the ceo in just a few minutes. Is not in the office in berlin. Shes outside the ecb in frankfurt. What are going to be the highlights today . The highlights are going to be the questioning, the barrage of questioning. Its damp in frankfurt and in terms of policy changes; its expected that the ecb will hold fire, wait until september, wait until it can read the tea leaves of the way the economy has been potentially hit by brexit. There will be questions about the impact of brexit, the slow down on the eurozone, the questions on the 80 billion euros of bond buying. Yields far below the deposit rate. What can they actually get their hands on at the moment . And of course, there will be questions about his hometown, italy, and the banking crisis there. The light of brexit shining on the italian banking concerns. Guy yeah. Another tough press conference for mario draghi. If he thought he would get a nice, relaxing one, turns out brexit a
Markets. Through lets whip some of these Asset Classes. A soft recession to europe when i got an early this morning. It has come back a bit further now. Market, shining bright red is sterling. About toright now, are break it. The flask pmis, ugly. Given team is quite a number cents 2009. Down for itk that we havent seen these number sense 2009. Well break it down for you in a minute. About threeown basis point. We will guide you to the markets to the rest of the hour. The worlds go around for indepth coverage over our urtire story all of o stories. Nejra is in london with the havoc wreaked on the u. K. Economy. We are joined in the public and National Convention the republican National Convention in cleveland. Like asurface it looked pretty stellar quarter. Sales were about 33 billion. Theis the stock down on report . Some expectations, they did beat expectations. Wasand gas was weak, but i worried about it being weaker. It is more about expectations and actual results. Alex where did
A slightly lower open. European markets have, well, weve been hearing from the ecb although not much action, there it is, at least the equity markets at this point lower, though fractionally so you have to say. How is the 10year note yield doing and crude oil, theres a look. 1. 6, 1. 6. Wow. Things are getting crazy there. Crazy. Wti you can see is right around 45, 50 or so this morning. Lets get to our road map. It starts with day four of the Republican National convention in cleveland. Ted cruz was booed, mike pence delivered his speech, and they are gearing up for trumps speech tonight. We will go there live. Elon musk is revealing his master plan for tesla. Part two, by the way. How realistic are his bigtime ambitions for this company . Qualcomm, intel, ebay, southwest, and more, all are on the move this morning after earnings. In fact, i mean it goes on and on biogen, travelers, american express. We will try to get to all of them or as many as we can, give you the numbers you need
Major party bid for the presidency. Present them president barack obama seeks to convert the doubters tonight. Laura we begin with some details about the attackers at the Normandy Church yesterday. He had been detained after twice trying to reach a syria could since then the 19yearold had been wearing an Electronic Security bracelet. Police are yet to formally a priest that released the identity of the Second Attack of it being a testing is being carried out on his remains. Those who knew him are trying to figure out what drove him to such heinous violence. Reporter according to friends ermiche was adel k family teenager until the Charlie Hebdo attacks last year, which triggered his radicalization. He was already wellknown to police after an arrest at geneva airport. His mother was interviewed, saying that he had the view he was not able to practice his religion peacefully in france and it was like he was under a ult. , in a c she became aware of the radical things he was fishing on so
Whats behind a startling rise in dangerous behavior at 30,000 feet. Nightly news begins right now. Announcer from nbc news World Headquarters in new york, this is nbc nightly news with lester holt. We begin with breaking news of another American School shooting this time an Elementary School in anderson county, south carolina. Where panicked parents learning that a teacher and two children had been wounded. One student airlifted to the hospital. Not far from the school, police have also found the body of an adult, the father of a teenager who tonight is in police custody, in connection with all of this. Nbcs Gabe Gutierrez is there and has late details. The chaos erupted just before 2 00, reports of an active shooter in south carolina. A heavily armed s. W. A. T. Team swarming townville Elementary School. The shooter is going to be a white male, all black clothing and blonde teenager opened fire, wounding two students and a teacher before being taken into custody. Deputies were on scen