From my going to your backyard or for better. Or for. A move. Into this it is. Starting to. Christmas is here and that means well big business for many will take a look at what retailers are expecting in europes biggest economy and all shoppers here in berlin to deal with the more frustrating parts of gift giving. Also on the show well look at chinas growing economic influence over the past year on its massive infrastructure spending. This is your Business Report im stephen bears in berlin thanks for joining us. Its one of the most important periods on the christian calendar and for the Business Books christmas time is critical for retailers above all who rely on strong sales to make up for slower parts of the year the good news in countries like the u. S. And germany is that fundamentally strong economies look to drive strong sales at the stores and online but there are also downsides clark wrapping presents 3 shifts a day thats all these employees do here at a Department Store in cen
Nightmare. Something you dont want to see. Reporter two of the victims are brothers. Friends of the victim still some of the teenagers involved are students at dublin high school. Some of the students that were involved in the accident have other students at the high school, students that the middle school. Said, this will certainly grok our community and in a very hard way. Reporter the car crash just before 10 00 wednesday night. The car with five teens inside heading south when for unknown reasons, the driver lost control. A hyundai sedan traveling and that vehicle caused to the northbound lane, struck a power pole and also collided with a large tree. Reporter sp jenny works to fix the power pole, chp officers continue to investigate what caused the deadly crash. Telling us nothing indicated alcohol was involved. One month address the two lane country road often, says it can be dangerous. If youre about 40, 45, you can see have you could lose control if youre not familiar with that
Government rejects scottish demands for another independence referendum after the Scottish National party makes the big gains and the u. K. s general election. Youre watching are to international bring your live news update from our studio here in moscow welcome to the program. An investigation is underway to identify the gunman who opened fire outside the federal Security Service building in central moscow on thursday he killed an f. S. B. Officer before being shot dead himself 5 other people were injured local media have already named who they think is the alleged suspect. The one weve heard strange sound we needed to realize that we should hide its. Then we heard someone in the street shouting go back go back. To. The signals and the signal going. Randomly and i think we heard him shout out something but we didnt manage to make out what he was shouting at. The city in a basement were watching now when a guy came and we just cannot saw it and he told us there was a shooting alchemy s
Nejra welcome to daybreak europe. Lets get a look of the markets. Another day, another record for the s p 500 with communication and tech stocks leading the gains. The s p 500 riding rising above 3200 ever. 3200 for the first times ever. The 10 year yields steady. Still above that 190 handle. Could we push towards 2 on the optimism over u. S. China trade. Atexpect a deal to be inked the start of next year. Lets switch over the board. Yesterday, we touched 31 basis points, the steepest since october 2018 on the 210. That reflects the view in the market that we see a little bit more today. Recession fears receding for 2020. We speak to socgen this hour. They have gloomy forecasts out there. No deal risk has been coming to the top of investor minds again. Oil also heading for a weekly gain on optimism around u. S. China trade even if we are flat today. , andrew of england bailey has been chosen to succeed carney as governor. The chancellor could reveal the appointment later today. Governo
Has his work cut out for him. The former ceo Dennis Muilenburg has come under fire for handling of the 737 max crisis. Here is the man that will handle the crisis. Member of board of directors since 2009. Member of Blackstone Private Equity firm. He served as a ceo of nielsen and worked at 26 years with General Electric specifically with transportation and aircraft engines. Muilenburg as you know, critics said under him boeing was too cozy with regulators getting the 737 max plane to market. That the company was not transparent enough after the two crashes. The company says, new Ceo David Calhoun will bring a brand new commitment to communication. Number one is getting the 737 max planes in the air. The company halted production of the plane while it works with the faa to get it recertified. You see them sitting in the Production Facility parking lot in washington. Boeing a dow component. Boeing enjoyed a nice bump on the stock market today, but it hasnt been a great road since march.