Volkswagen faces investors. The people get their say in the first ag m since the emissions scandal. Will shareholders grab the wheel . Than 24 hours away. The polls will be open this time tomorrow. It is getting quite exciting. Matt miller wants to amp up the story. Caroline he is american. He can look with interest. Guy we are british and reserved, but nevertheless, the Financial Markets are not feeling reserved. The bounce we have seen over the past couple days has been sensational, and today, it looks like we are going to carry on. For the euro stocks, its called up another 1 . It was up 0. 8 yesterday. European market pretty much across the board are up 0. 8 . The remain bounce is very much intact this morning. Caroline its being played out in the fx market. We are seeing the pound, one of the best performers, currently thing percent. On the flipside, you are seeing money going to the young. Is this a haven trade . Yellen sounded all the more dovish yesterday, of course coming out
Level, before big deals get done . Where Companies Feel comfortable selling or buying . Typically. Whether that is economics are e confidence, its like Energy Executives are like any other executive. They will do things when conditions are good and when there is positive momentum. Because investors will follow that and they it takes a lot to print a transaction in an environment where he have a tremendous amount of volatility. One of the positive developments in 2016 and we are so going to hit 3 trillion plus in m a, a pretty nice number has been asian, mostly Chinese Companies going outbound, Chinese Companies looking at deals either in the United States or europe. Wire the chinese looking outside . Are they concerned about that why are the chinese looking outside . Are they concerned about their internalare they concerned abour internal gdp . . Are they worried about the slowdown or looking to expand into other regions . The driver for china to look outside have been strong and conti
Exclusive. Some of the biggest names in bank arrange at the global summit to rethink banking models. No small topic on the agenda today . Yeah, the future of finance and there are some big, big questions. We talked a little bit about credit provision. When you compare and contrast what happens heres have in the United States. You look at the United States, some of the big fines imposed and there is a risk of regulatory overreach. Are these banks becoming overwhelmed . Something that doug also flint talked about recently Douglas Flint talked about. Ill be talking with him and then i have Andreas Dombret of the bunde bank. Well talk about his role on the supervisory mechanism. We have to be clear about this. What are the difficulties here in the eurozone . I know he has something to say on what he calls reform fatigue. Look at for that one, anna. Interesting when you consider just how much banks are spending and should be spending on regulation when we have witnessed some enormous fines
Him to take what he values in the opinions of dr. Fauci and dr. Birx and others and do what he thinks is best for the country. There is an explosion of covid cases largely in the sunbelt states and what we are in for if we cant get this under control. Here is dr. Fauci earlier today it went from an average of 20,000 to 50,000. Thats doubling. Any state that is having a serious problem that state should look at shutting down. We have to get our arms around this. That goes against trumps assertion that the u. S. Is, quote, in a good place with respect to handling this virus. With november in clear view, trump says there will be no more shutdowns. It is staying open. The latest push is to open schools. Today trump said, quote in germany, denmark and many other countries schools are open with no problems. The democrats think its bad politically for schools to open before november election. May cut off funding if not open. I disagree on the tough and expensive guidelines to open schools. Th
Briefing. This afternoon the White House Press secretary was asked directly about faucis status. Does the president still have confidence with dr. Fauci . The president has confidence in the conclusions of our medical experts and its up to him to take what he values in the opinions of dr. Fauci and dr. Birx and others and do what he thinks is best for the country. What theyre hearing is the explosion of covid cases, largely in the sun belt states and what were in for if we cant get this under control. Here is dr. Fauci earlier today what we were seeing is exponential growth. It went from 20,000 to 40,000, 50,000. That is doubling. I think any state thats having a serious problem, the state should look at shutting down. Weve got to put our arms around it. Weve got to be stringent. We have to relook at whats going on. That kboes against trumps assertion that were, quote, in a good place when it comes to handling the virus. His latest push is to reopen our schools. This morning he reissue