The german lender taps Deutsche Banks retail head, manfred, for the top job, ending months of management turmoil. Shares and hsbc jumped the most in over a decade as its biggest shareholder, ping an, raises its stake to 8 . And buckle up, brexiteers. The e. U. And the u. K. Enter the final round of formal brexit talks this week as britains conservative Government Faces another Party Rebellion at home over emergency covid19 powers. Just under one hour away now from the start of cash trading throughout europe, and in the u. K. Take a look at futures. We see more than 1 gains across the European Equity indexes. European equity Index Futures contracts that are trading, gaining more than 1 with euro stoxx 50 futures up one point 1. 6 right now. Trading higher, up more than. 5 on the nasdaq contract right now. S p and down jones futures or jones futures trading. 7 . 8 . Anna you try and catch up with gains in the United States on friday. I want to mention what is going on. The real focus on
His biggest Daily Advance in three months. Lets bring you the bloomberg first word news and the u. K. Government is telling the to work from home if possible telling the public to work from home with possible full to the Prime Ministers holding an emergency cobra meeting this morning for briefing parliament, thewill make a broadcast to public at 8 00 p. M. Local time. The billiondollar initiative to the polio vaccine around the world is moving to the next phase. Over 150 countries and regions including 64 higher income nations are taking part. Solutionis to find a to covid a little sooner than we were expecting. Pressure onto put Alexander Lukashenko are on pause. Ministers on monday failed to agree. On how to handle turkeys energy claims in them eastern eastern mediterranean. That is global news 24 hours a day on air and on bloomberg quicktake. We will have plenty more on the markets and we will go over some of the other news we are watching. Tom, good morning. Tom francine, good morn
Superb compared to america, and frankly, many other countries. Can you feel that in the nation . Is the nation aware of the success of that . Feels very different, i have to say, tom. Bringing them down is one thing, allowing them to spike up in the first place is another. And a lot of criticism around the govern how it handled the initial stages of the outbreak, and in particular the care for the elderly, allowing it to take off the way it did in care homes. Tom it is interesting to see and we will be covering this throughout the week, from Johns Hopkins university as well. This final week of the summer in america, late labor day, september 7. So it is sort of an odd and to the summer at least here in america. Right now on monday, here is ritika gupta. From recovered patients will be expanded to more sick americans, access to the promising therapy even before we fully understand how it works. The Financial Times recording that the white house is considering crosschecking the Oxford As
To gains ahead of todays fed decision. Investors consider the possibility of a return to 1930s era yield curve control. Kowtows. Teaus mike pompeo accuses a company of bowing to beijing. A top investor adds its voice in the rebuke of hsbcs decision. Time is running out. Cerberus is tired of waiting for a turnaround at commerzbank, calling the banks performance an abject failure, the activist investor seeking two seats on the Supervisory Board to turn things around. We are just an hour away from the cash in europe and the u. K. Let us take a look at futures first. We have turned from losses to gains, now looking at green arrows on european futures after dropne to two plus percent we saw in cash trade yesterday, we are also looking against in u. S. Futures, right now 0. 5 , no matter which contract you look at across the dow, the s p, and the nasdaq. Anna . Of breakingle bit news coming through on the spanish clothing retailer inditex. Delaying its dividend for 2021, but we are waiting f
Equities climb as President Trump delivers a measured response to iranian strikes on u. S. Bases. He does, however, promise new sanctions on tehran. Fighting back, japan calls of itsghosns criticism legal system absolutely intolerable. This after he blasted tokyo for hostage justice. Plus, not so fast. Hard. In hong kong hits u. K. Retailers post sales britishafter what the Retail Consortium called the worst year on record. Speaking of that m s Third Quarter, looks like u. K. Sales theout, gaining 0. 2 , and fullyear guidance has been ishanged, but mark spencer out with like for like u. K. Sales. We are also getting german trade balance and current account data right now as well as industrial , the Industrial Production yearoveryear figure, a drop of 2. 6 . The survey was for a drop of 3. 7 . It is a bad number but not as bad as had been anticipated in terms of the current account balance. We are looking at 24. 9 billion, we were looking for 23 point 8 billion. German Industrial Produc