Iran and russia are attempting to interfere with the president ial election. They say theres no hacking involved. There are 12 days left until the vote. Spain is the first nation in western europe with one million virus cases. Rome considers implementing a nightly curfew. It comes as u. S. Hospitalizations reach a two month high. German cases jump to a new daily record of more than 12,000. The pound surges the most in six months as the u. K. And European Union resume talks over post trex it trade deal a week after Boris Johnson threatens to walk away. Negotiators arrive in london today. Anna lets get to some breaking news. Corporate reporting. Lets talk about some numbers from unilever. Third quarter underlying sales up by 4. 4 . Increase of 1. 8 . That looks to be better than in then has been anticipated. An estimate of an increase of over one. On pricing, things are weaker. The pricing comes in below estimates. Topline takeaway, sales have been beaten estimates. They are talking abou
Are attempting to interfere with the president ial election. They say there was no hacking involved. 12 days until the vote. Spain is the first nation in western europe with one million virus cases. It comes as u. S. Hospitalization rates reach a two month high. Stimulus, the wrangling continues as the white house says the goal is to reach a deal in 48 hours. The pound surges the most in six months as the u. K. And European Union will resume talks over a postbrexit trade deal, just a week after Boris Johnson walked away. Negotiators arrive in london today. Its just gone 6 00 in london. It is 1 00 in washington where procrastination and politics play out. Some read headlines which we have to do first. To germany. We have breaking news there. Germanys daily coronavirus hits a record. Thats 12,330. A quick top line. A blistering beat. 2. 9 9 billion dollars. 2. 75 billion dollars. 36 margin, larger than expected. What sets the agenda for you this morning . Annmarie quickly going back to g
Dimer scraps its forecast for higher profits amid the pandemic. Results come they can pass. Credit suisse provides a full picture of its First Quarter. Dont miss that exclusive interview. Into some ofget those storylines. This is about a First Quarter that will be difficult to assess. Thats a beat, during the First Quarter, Credit Suisse beat on the estimates, delivering 1. 3 billion. For everyone who has a bloomberg terminal, look jump in there. Francs, theswiss estimate was for 203 million. All of the swiss banks have already adjusted and announced a dividend. Instruction there will be more impairment to come. Thats the top line. Nejra absolutely. As you hinted at, one corporate casualty in the Coronavirus Crisis has been dividend payments. Credit suisse has already said they would hold back on some of the payouts. Ist First Quarter provision the red headline to focus on. As you say, they may see more impairment come, another line dropping is that Credit Suisse may see more reserve b
Debt as collateral for loans as eu leaders meet today to discuss a 2. 2 trillion revival plan. Loan provisions jump at Credit Suisse as the lender builds reserves to withstand the coronavirus pandemic. We will speak exclusively with the banks new ceo just after 9 00 a. M. Hopes forrs crafted higher profit in 2020. And the earnings deluge continues. Revenueetting hermes out, down 6. 5 percent, which does not seem quite so bad all things considered. Anna we are getting numbers out of unilever as well, so the earnings daily continues. Things not looking great for unilever. Delucia the earnings deluge continues. Growth of zero, so 0 . The estimate was of an increase and itr just over 2 , seems on pricing and on volume they missed estimates. Pricing looks to be lower than estimates and volume looks to be lower than estimates. That seems to be where we are on the top line. They are also saying they are withdrawing their previous 2020. Uidance First Quarter underlying sales slack, as i mentio
Johnson changes the law to guarantee the transition phase is not extended. sis is the bank of england capital demand for the biggest u. K. Lenders. Welcome to daybreak europe. 6 00 a. M. And london, 7 00 in europe. There is room to run in the rally, the note from citi. Palladium breaks 2000. The taiwan stock market at the highest level since 1990 and there may be a sustained u. S. China trade truce and if that remains the base case an era scenario, we could grind higher. It depends if you are in the believer cant or the naysayers. Which one are you in . Nejra exactly, continuing the conversation from yesterday. Is it enough for the market . Are we at peak optimism and what is the outlook for Central Banks and whether the prospect of continued support through 2020 will keep the risk assets high. When we come to the u. K. , no deal risk a lot and well again. Manus boris and the hard brexit. You can literally taste it in the market. I want to bring your attention to the jgb market. We are