Biggest weekly gain since 2016 as the u. S. Prevents new sanctions on iran. The lira rallies after the opposition candidate wins a repeat of the istanbul mayoral election. Be for a blow could this erdogan . Ride for daimlers new ceo as the group issues its third profit warning in a year. Good morning. Matt im looking at bitcoin as well, climbing up at one point over 11,000. You can see we are trading for 10,733. The question is, if this all due to Facebooks Libra . We did see a rally before that. 10,000 tohed past 11,000. Futures rise. German futures were down this. Orning a little bit earlier then we got an announcement about lufthansa causing changing its dividend payout. 0. 1 . In is less than a little stronger, but not much on cac and ftse futures. We are just treading water this morning. What do you see on the gmm . The a bit of trading in asian session, you wonder how long that will continue. Weve got the trade conversation toward the end of the week in the g20. Even if expectati
so they really are looking for some political and economic stability. well, for now, markets are calm. but investors say any mis step in appointing a new leader could see the uk plunged back into financial crisis a place in uk political history as the shortest serving prime minster ever. she lasted just 44 days in office before announcing her resignation yesterday. but she s also contributed another record to the english language. the shortest lived economic catchphrase. we started using the term trussonomics just six weeks ago. a plan for a low tax, low regulation, high growth britain by liberated by brexit. with the phrase and its policies now on the scrapheap, our business editor simonjack takes a look back at the rapid rise and fall of trussonomics. can we afford these tax cuts, chancellor? the road to liz truss demise arguably started here the not so mini budget that she and her chancellor announced with great fanfare. and i commend it to the house. trusso
For more win win results. Hes expected to be making the case for the enabling of a self driving feature on tesla cars in china as the Electric Car Giant faces falling sales and increased local competition. For more on this, we can go live to our china correspondent Stephen Mcdonell in beijing. It was quite a few are when he arrived. He wasnt expected and he showed up in china. figs arrived. He wasnt expected and he showed up in china. 5 a arrived. He wasnt expected and he showed up in china. He showed up in china. As a bit of a mystery he showed up in china. As a bit of a mystery as he showed up in china. As a bit of a mystery as to he showed up in china. As a bit of a mystery as to what he showed up in china. As a bit of a mystery as to what this of a mystery as to what this trip is really all about. If you have a look at elon musk s feed on his own acts formally twitch our Social Media Site and just scroll through the last 2a hours, it is all the right wing conspiracy theories and v
Investors to rethink how they value the company and shares have lost more than 40 of their value so far this year so we can now get the latest with eric delmore in new york erin. There is a big question about whether tesla is a car company or a tech company . Or a tech company . Exactly, it is the reversal or a tech company . Exactly, it is the reversal from or a tech company . Exactly, it is the reversal from what or a tech company . Exactly, it is the reversal from what we or a tech company . Exactly, it is the reversal from what we used l or a tech company . Exactly, it is. The reversal from what we used to see from tesla because the questions used to circle around whether they could make enough cars to meet demand but now the question is more like, are there enough people who want to buy them . It has been a tough yearfor them want to buy them . It has been a tough year for them with shares down more than 40 and this reflects what the company has had to weather, competition from ch