last week s data showing new unemployment claims rose. other data fit the latest stronger-than-expected trend. manufacturing rose and new factory orders were up. in euro news, wednesday s move by the world s big banks had the desired effect on spanish and french bond auctions with yields falling. also addressing the debt crisis, french president, nicolas sarkozy, announced germany and france will push for broad new european treaty. on the street financials wednesday stars gave up some gains. costco, in orderstrom and other row tailors rose on strong november sales. barnes & noble plunged. yahoo gained on news it may have bidders. u.s. airways jumped on an upgrade and merger speculation. and sued bank of america, jp morgan chase, wellsing foro. for deceptive business
syrian state tv calls the move a conspiracy that lacks legality. two of the country s closest allies, lebanon and iraq, have distanced themselves from the sanctions. voteers in the democrat irk rhee public of conoco are heading to the polls this morning. there s a challenge from ten candidates. the gong lease are struggling to restore their country. those are the top stories from cnn, the world s news leader. i m monita rajpal. world business today starts right now. hello, and welcome to world business today. i m charles hodson at cnn lon n london. i m andrew stevens live from hong kong this monday the 28th of november. the imf denies it s planning a bailout for italy as moody s sounds the alarm on the whole of europe. can elections in asia yield the stability that investors are looking for? and america s nationality basketball association chalks up a financial win after striking a deal with players to finally get the season under way. let s take you straigh
the prime minister s home. demonstrators are demanding that he step down. fifa s president says he never meant to imply that racism isn t a problem in football. earlier seth blater said players who think they ve been abused during a game should shake hands with their opponent and move on. blater released a statement saying he is committed to fighting racism. president obama and australian prime minister gallard discussed troops. he announced a deployment of 2,200 marines to australia. i m zain verjee. world business today starts now. good morning. from cnn london, i m nina del santos. and from cnn hong kong i m andrew stevens. top stories this thursday, november 17. china on his mind. the u.s. president outlines the new u.s. push into asia. the cleanup is under way in asia as factories get back to business as usual. yes, the camera does lie. benetton is creating controversy already with its new unhate campaign. it s already been forced to pull one of its images.
these bond auctions and notes have been oversubscribed but the problem is, where will it go? charles? okay, al goodman joining us live from the spanish capital, madrid. many thanks to you. andrew? charles, we were talking at the top of the show about the gathering gloom from the volcano as well. that s the one erupting in iceland which formed a massive cloud. the question is how big a threat to air travel is it or is it just a lot of hot air? we find out the latest in just a moment. stay with us.
canceled flights in scotland and northern england. mr. obama will be visiting buckingham palace where he ll spend two nights. the president left ireland for the uk ahead of schedule last night due to that cloud of volcanic ash. in the u.s., the tornado that blew through missouri has claimed 116 lives and left a trail of destruction. the u.s. national weather service says it was the most deadly tornado in more than 60 years. those are the headlines, i m zain vergee at cnn in london. world business today starts now. good morning from cnn london, i m charles hodson. and good afternoon from cnn hong kong. i m andrew stevens. you re watching world business today. the top stories on tuesday, may 24th, under the weather, travel trouble looms as volcanic ash blows towards europe. meanwhile, investors on the continent have caught debt contagent fever. the scramble in the cockpit to save the airliner. they don t have ability to go anywhere. they don t have ability to