Action now we are in the preparation but this is a big thing for the banks. You know the action we are in before now are becoming entireliness to take intoation for the reduced amount renault rallies on a plan to revamp with a plan with nissan and mi and. In hong kong, legislators debate a Controversial National anthem bill. A warm welcome to street signs this morning. European markets have been open about an hour now. Weve seen stocks advance. Going about 40 basis points higher we saw the risk on trade come higher in europe, we had travel and leisure going about 20 . A lot of reopening of the economies and airways with germany coming into focus to lift its warning for travel around europe in midjune. A lot of hopes around the summer months and the reopening all eyes on the European Commission we are looking to see whether they build on the french german agreement around a Eu Recovery Fund later today a lot of attention around the fiscal response. Weve heard from the ecb and the questi
Barrier. Softbank is said to be planning deep cuts at the vision fund which could affect 10 global staff, souring bets on tech are takingke their toll. Haidi a mixed start to a politically driven status when it comes to the markets today as we get that precedent being set with that security bill as well as greater considerations over what kind of reopening and second wave issues we are seeing across the rest of the regions. We are seeing new zealand markets starting off the day with tepid gains. The session looks a little bit more muted for the rest of asia. We are seeing japanese futures as well as Australian Futures pointed a little bit higher. Those in hong kong seeing retreats. The npc is being i to be passing the Hong Kong Security eyed to be passing that Hong Kong Security bill. The u. S. Sees 100,000 deaths. We are watching the oil story, seeing whether this pause in the rally will continue given concerns about renewed production out of the likes of russia. Shery to our top stor
Nissan scrapped its payout entirely. Changes at the top. Ubs begins its search for a successor to ceo Sergio Ermotti. They are said to be seeking internal and external candidates. Good morning, just under an hour away from the start of the cash equity trading day in europe. Lets take a look at the futures picture. The picture around the asian equity session was one that was flat and negative, and this is the picture we have for european futures. European futures showing a bit of upside to the start of the trading day, as our u. S. Futures. We are expecting to see more movement, but coronavirus remains a big topic of discussion. And expectations about what Central Banks can do is at the forefront of investors minds, when we look at the resilient futures. Lets get to the breaking data. We have german Economic Data for the German Economy, stagnating in the Fourth Quarter. That is our red headline across the board. The quarter on quarter number, unchanged. There is the stagnation for you.
Thousands in the southeast surrounded by bushfires forcing many to take refuge on the beaches. Jonah hall in london with the top stories from europe including 20 years after putin came to power we look back on 2 decades of russias strongman leader. Pole race with the sport including disappearance of a football this fall that colombias world cup made failed it demands from the new head of the countrys. United states is deploying additional troops to secure its embassy in baghdad after members and supporters of an iranian backed group marched into the green zone and surrounded the heavily fortified compound some managed to break into part of the facility a security post at the entrance to the building was set on fire as well they were responding to us and strikes in iraq and syria on sunday when camps belonging to the iranian backed group has been abrogated. Were targeted the violence all erupted on the same day funerals were being held for the fighters whove been killed in the u. S. Air
The unmissable, which is Fiat Chrysler that didnt go with allianz. They go with psa but its unbelievable, how can you lose that . How can you lose this huge opportunity to become the dominant player in this industry by developing ties with people who were eager to join you, who were totally complimentary to the lines . Obviously youll have 15 explanations, its because of ghosn, because this and that and that everything is on me, now, okay, but it is unbelievable that this happened, its unbelievable. So what i would like to say is, this is not a common case where you say mr. Ghosn, he didnt, and the media sometimes they say he didnt pay taxes. No taxes involved. He didnt compensation when i tell people i didnt receive any compensation, they are surprised b you the whole story has been put in a way to lead people to think something which is different from the reality. Okay, and i must admit, theyre very good at it. Thats probably the only way, the only thing because on everything else, w