It got within one basis point of 4. 7 . Lets take a look at aluminum futures. A big pop in the month of april but we have seen a steady advance all of 2024 in tandem with commodities. Bloomberg reporting President Biden will propose higher tariffs on chinese steel and aluminum during a visit to pittsburgh today. Some movers on the equities size to tell you about. Chinese steel tariffs sending metal makers higher, although steel coming down at the moment. President biden expected to call for 25 tariffs on chinese steel and aluminum. There totaled 1. 7 billion in 2023. The ftc is preparing a lawsuit to block a fashion companys 8. 5 billion takeover of capri potentially killing a luxury conglomerate. Capri controls highend labels like versace and jimmy choo. In private markets, david hunt says the credit market is heading for a shakeout as investors set higher standards. Here are some of his comments from this morning. All kinds of people set themselves up and immediately are able to rais
The day. Voting with 5 all week long kid the dollar spot index on its sixth day of increases. We are going to talk about king dollar on this show. Before that row going to talk about midday movers on the equity side. Night at health among the best performers on the s p 500 beating wall street profit expectations affirming the outlook for the year despite the cost associated with a cyber attack one of its subsidiaries has roiled the health care industry. Netflix which is trading above 600 per share just had its price target raised to 700 by guggenheim coding confidence going into thursdays earnings report. Bank of america reporting elevated expenses and chargeoffs for sour loans higher than wall street expected. 3. 2 lower on the day. Morgan stanley delivered in trading First Quarter revenue exceeding expectations. The company addressed concerns on reports over Money Laundering safeguards in its booming Wealth Management business. That new money way above analyst estimates. The dollar i
Service. Mr. Abbas gholami, director of development of downstream industries of National Petrochemical company. We are in this program, mr. Gholami, welcome, give more details, lets sell masouds credit, in the name of allah , the most merciful, the most merciful, and the most merciful, greetings, dear guests , dear guests, Program Agents and dear viewers, completing the value chain we believe in completing the value chain from the perspective of the ministry of oil completing the value chain up to the production of petrochemical products, if i want, now in terms of laws , duties and authority , i have asked for my service. We offer it, they will buy it and it will be converted into the final product. During the new government, the ministry of national oil thought and said beyond the rules and instructions , well, we should really think about it nationally. And they have distanced themselves from gas and oil. From my point of view, the ministry of labor has finished dealing with petroch
For territorial gain. But theres no reference to russian aggression. It reads, in part, quote we highlighted the Human Suffering and negative added impacts of the war in ukraine with regard to global food and energy security, supply chains, Macro Financial stability, inflation and growth. The text from last years summit reads, in part the 620 deplores in the strongest terms the aggression by the Russian Federation against ukraine and demands its complete and unconditional withdrawal from the territory of ukraine. We should note two key leaders were missing russian president Vladimir Putin and his key ally, chinese president xijinping. Disagreements over language on ukraine threatened to overshadow the 620 this year, as south asia correspondent Yogita Limaye explains. During the 620 summit in bali last year, member countries took a very long time to agree on the wording regarding the war in ukraine, so that was expected this time around as well. In fact, there were worries about whether
Buildings are made of traditional materials like mud brick, and nearly every one was damaged. Ten people here were killed and the survivors face sleeping out in the Cold Mountain air for a second night. As rescuers dig to find victims, families rush to dig graves. Islamic tradition requires bodies to be buried as soon as possible. In the past few hours, moroccos king, mohammed the sixth, held an emergency cabinet meeting. The government has told local authorities to stockpile tents, food and drinking water. Authorities are also rushing to reinforce the National Stock of blood, and people have been queuing up to make donations. The bbc s nick beake sent this report from marrakech. First, the panic as they run for their lives. Then the chaos as debris rains down and dust consumes the streets. This is marrakesh in the moments after the quake. Late night diners flee their tables. At this mosque, screams as the tower seems to sway, but doesnt succumb. But many other buildings in the city cr