I think. Investors drop saudi stocks in light of the caution case and the last of the big Foreign Companies pulls out of a key Investment Summit in riyadh officials are scrambling. Just one notch above junk status a Credit Ratings downgrade for italy but other markets actually worry. Joe kayser the c. E. O. Of german industrial giant siemens announced today that hell pull out of the davos in the desert now thats the massive Investor Conference set to begin this week in riyadh move may not be a surprise in the wake of the suspected murder of journalist jamal shogi but for kaiser and his company its not an easy one. Preparations are well underway the mood though is muted said his future Investment Initiative a conference known by some as davos and the desert kicks off in riyadh on tuesday
but the number of participants is dwindling delicious Business Leader to pull out at the event is this man seaman c. E. O. Joe kayser he announced his withdrawal following pressure to respond to allegat
that s the moment rogo for it and then i suppose it s all given its reputation even before he joined the euro the government there kind of reputation for spending too much and how big inflation may join the euro is to spend too much but it couldn t have inflation even though ended up with that it s a little being the limit during your country since the beginning of reputational problem people think that it s and his finances are going to get out of control. dr john would occur with lancaster university thanks for joining us carmaker fiat chrysler has agreed to sell its subsidiary mine yet the model a the auto parts supplier will be taken over by cal sonic khans eye from japan for six point two billion euros the deal will boost the japanese component makers operations in north america and europe chrysler had planned to float its subsidiary but was put off by low i.p.o. valuations for industrials the takeover will create the world s seventh largest