7 00 this monday. Bloomberg is standing by, ready to deliver the stories that will drive your day. Hans nichols is looking forward to renzis meeting with the italian president. Its rainygle buys start up slicklogin. Elliott gotkine has the details. Is looking at hunters. First, italys Democratic Party leader will meet with the italian president in what could be the first steps towards a new government in italy. Hans nichols joins us with the details. Of last week in italy following this story. What are the first hurdles for moscow renzi . Perhaps the biggest hurdle is the senate. This happens if president napolitano asks renzi to form a cabinet. That is what we expect. He would be the youngest Prime Minister in the history of postwar italy. First he has to cobble together a cabinet. Then he faces votes of confidence in both houses of congress. It is the Upper Chamber where we expect him to have more of a problem simply because of the way the coalitions are aligned. That is what he has
Biggest victim in the result crisis, of course the economy is stagnating, but when you compare it to spain or portugal, france has done relatively well. There are economic problems. Why do we see this strong . Ejection of europe 4 of the votes but will command 1 3 of the seats in european parliament. This is huge. France has 74 seats and she has between 20 four and 25. They will be able to make a lot of noise on behalf of france in the assembly. Lets head across the channel to britain where the u. K. Party came in with an astounding first as well. Another victory for the independence party. It is interesting because britain voted thursday. Therding to european rule, results were only announced yesterday after 11 00 p. M. The apartheid that party followed by conservatives and the labour party. This was expected. It will be interesting to see what sort of effect it will have on the conservative party. The conservative party of David Cameron is extremely divided over europe. Are callingsk
Italian bonds and shares following after cabinet leaders, Silvia Berlusconi threatens a new election. Well talk with ross westgate. Hsbc purchasing Managers Index is showing growth. It has been below expectation. Thats three big stories for a monday morning, joe. All of them probably more important than any merger that could happen on a merger monday. 6 beltway ben. I think hell have an answer. Hell have an answer. Redskins won finally. Redskins won finally. Can we take a look. Do we have the stock of gray matters by the way . Are you pumping another one of your pieces . I dont want to talk breaking bad at all if we can avoid it. Do you think the stock may be up or down . I dont know. I dont know where it will be this morning. I dont have an article about it. Given what it must be something to do with gray matter and the final episode which i havent seen. I mean, i saw the daily news which says dont say it. Its on the front page. You should not spoil it. Its on the front page. For peop
Italians could be proud to be italian. Be proud to wave the flag. This is our task and it is the one we will fulfill if we are called upon to govern the nation. The yield on the 10year bond edges to the tenyear mark since 2013 all ahead of the ecb rate hikes and tighter market. And turmoil intensifies with the 10year gilt yield at the highest level since 2008 unileve vrks eunileve rcee after five years at the helm no great surprises pretty much as you called it from your travels to sicily. Well played. The polls got it right Giorgia Meloni on track to be the next Prime Minister of italy with the center right Coalition Led by brothers of italy party on pace to win majority in both houses of parliament meloni would be the first female Prime Minister the center right coalition is on pace to win a majority in the both houses of Parliament Taking 44 of the seats melonis brothers of italy got over a father of the vote by itself the five Star Movement and pd are the opposition parties taking
Carrefour at the top of the cac quarante as they reap the benefits of its turn around plan. Sales across europe sluggish despite the better performance in france. All right. Warm welcome to you. Watching german german unemployment data is what we have got out. Engineering orders have fallen 3 in july. And the Central Banks Forward Guidance assures markets of low Interest Rates for the foreseeable future. What were looking for is the unemployment jobless number. The jobless total down, sorry, up 7,000 versus reuters forecast for it to contract minus 5,000. The adjusted jobless rate, 6. 8 , unchanged from july. Plenty to get through today on the program. Well continue our focus in germany. We head out to a siemens turbine plant to find out more about a job program that helps power the economy. Annette is there. Rather apropos. Well speak to an asset manager who says the cac has two advantages compared to germanys dax when it comes to performance. One is the type of government they have i