Reported killed. Germany says the expulsion of the cia top official was inevitable after the latest spying allegation. Hello. The u. S. Secretary of state john kerry has arrived in afghanistan where hell meet both candidates of the disputed election. Hes warned the future of the country hangs in the balance. Hes met one of the candidate who is now says he supports an extensive order of the polls. The report shows he won 56 of the report. Heres what he had to say a short time ago. Our commitment is to insure the election process is integrity of afghanistan in the world would believe it. We believe in the most extensive process possible to restore faith. From day one, our commitment has been inclusive government, government that can represent all and serve every citizen in the manner that every man deserves from the constitution. Mr. Kerry will meet his rival Abdullah Abdullah. He claimed victory in the Runoff Election last month also. Preliminary results show him second with 43 of the v
I am guy johnson. I am olivia sterns. Also coming up, a porsche for the people. We take the new family car for a test drive. Argentina advances to the World Cup Final but you dont have to wait to find out who will be the winner. We will explain later right here on the pulse. First, we begin with markets. A referral Government Bonds back in focus today especially portugal. Its shares lower after parent missed a payment, we need to focus on this story. Manus cranny. Santo, is owned by a holding company. They have about 25 holding. Look at both of these stock prices. The issue is that the Espirito Santo Financial Company missed part of their bond payment. What is the one nightmare scenario in europe . Sovereign bonds, governments linked to banks. That is why we care about this story. There has been an Interest Payment missed. The bank of portugal says, fear ye not. It is far enough away. We are not worried. Dont worry about it. One of the owners. There is a whole series of owners. There a
We are live at bloomberg headquarters in london. I am guy johnson. And i am olivia sterns. We are going to get into our top story. It is a big tobacco deal. Imperial tobacco confirmed that it is in talks to buy some major u. S. Cigarette brands. Could spend 7 billion on the acquisitions. Lets find out. Caroline hyde has been tracking the story. We have a merger taking place in the states. The regulators are going to want them to spend some out. They have some interest. Exactly. Have speculated on since the initial share sale of logista. Today, they will raise about 4 Million Pounds. Everyone wondered what they would do with this money. Will they invest it or pay down some debt . Could be could they be putting some of this money into these American Assets . They said yes, they are eyeing certain brands that would likely have to be disposed of between reynolds and lorillard. They are looking to form the secondbiggest player in the united states. It will be the biggest m a deal ever in th
Lower by 126 points, the s p lower by 14 and the nasdaq lower by 29. Yesterday, though, stocks did get a boost from last months Federal Reserve meeting. The notes are suggesting quantitative easing will likely end in october. The central bank will move slowly to raise rates after that. Today, the focus turns to the other side of the pond. Were waiting for a position decision from the bank of england. Thats going to happen around 7 00 a. M. Eastern time. Bank of england expected to leave its key rate on hold at a record low 0. 5 . As for the u. S. Economic calendar, here is what were watching. Jobless claims expected to increase by 4,000 to 319,000. Then wholesale trade is out at 10 00 a. M. Corporate news, bank of america is reportedly seeking fed approval again for a 5 cent quarterly dividend. In march, the firm revised an okay to boost its way out, but it had to withdraw the plan after discovering it miscalculated capital levels. In other news on the bank, attorney general eric holde
Portugal recovering by more than 2 . That doesnt get back all the losses from yet. Lets get more headlines from sara. Billionaire investor carl icahn putting up the caution flag. Reuters says it is time for investors to be cautious about the stock market and hes been very selective about the companies hes choosing to purchase right now. Well hear more from carl icahn next week. Do you have something to say . I can just tell you, ive known him a long time, ive been to dinner with him many times. Hes always every time i have had dinner with him, hes on the stock market, every single time. And especially like carl that looks at first vacations, a lot of these ooips guys always sort of think that things are overvalued. Im thinking this time i dont know if we had children, i mif just had any daughter. So its 14 years ago. We had a huge discussion at dinner on and on and on about it. All these reasons. And he went up well, since then weve tripled, probably. But weve at least doubled over the