Coming together. Edward lawrence with the very latest. Reporter thanks for that intro, neil. President donald trump on twitter calling for more Federal Reserve rate cuts to take on china. Also help keep the economic expansion going. The president also saying he expected that drop in the dow this week but also expects ultimately a bounceback. I would have maybe anticipated even more but ultimately it is going go much higher than it ever would have gone. China was like a anchor on us. China was killing us with unfair trade deals. China, what they were doing to us, for years and years, taking hundreds of billions of dollars out, stealing intellectual property, targeting our farmers, all of that ending. Reporter this the price of taking on china now. Add into the drop of the 10year yield, helping the president s case for more rate cuts, falling to a lowest level since october 2016. The trade dispute more than a year old, hotter than ever now. Some experts say this could be a prolonged trad
Major currencies this morning. Iain conn, the chief executive of centrica, which owns british gas, announces hes stepping down after a challenging period for the company. Poorer pupils trail 18 months behind the rest of the class once they take their gcses, according to new research. Coming up in sport, gareth bale pulls out of real madrids pre season trip to munich after his big money move to china was blocked by the club. Greg and amber and, as the winners of this years love island are crowned, well ask whats made the reality show such a success. Good morning. Welcome to bbc newsroom live. A former high courtjudge says police may have broken the law in the way they investigated claims of a paedophile ring at westminster. Carl beech was jailed for 18 years last week for perverting the course of justice after lying about his claims. Sir Richard Henriques, who carried out a review of the Scotland Yard inquiry, claims that warrants to search the homes of some of those beech had accused o
Hard on the sector for years but to no avail this year its not showing up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank its turning its back on its ailing International Business and focusing on the domestic market. Weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet having costs under control now we want to take the next step and thats to align the bank with its strengths and thats what we are pleased to announce today that the. Bank was devastated by the Global Financial crisis and the share price is yet to recover. Legal disputes compounded delicious problems the bank was forced to pay billions in fines for russian Money Laundering breach of sanctions against iran and syria and for its role in the subprime mortgage scandal weary after years of uncertainty someone best received this radical reboot as an oppor
Other operations significantly. Investment bankers were the 1st to go entire teams were given the sack on monday from sydney to london. And could concentrate hard in the sector for years but to no avail this year its not showing up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank its turning its back on its ailing International Business and focusing on the domestic market. Weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet having costs under control now we want to take the next step and thats to align the bank with its strengths and thats what were pleased to announce today that the. Bank was devastated by the Global Financial crisis and the share price is yet to recover. Legal disputes compounded delicious problems the bank was forced to pay billions in fines for russian Money Laundering breach of sanctions aga
To know that 77 percent. Are younger than 6. Cuts me and me and you. And you know what its time all voices. Of the 77 percent be told. This is where. The 77 percent this weekend on d w. Wall street reacts as though its your bank plays out an ambitious Restructuring Plan for cutting thousands of positions and ditching its investment arm helped turn the bank around and whats the plan for the future weve got full coverage. And big game hunting has grown to a Huge Industry in south africa but its increasingly under fire look at what operation and the money behind it. This is your day to be a Business Report im Stephen Beard sambolin thanks for joining us. Deutsche bank shares tumbled more than 5 percent monday after the lender announced an ambitious Restructuring Plan worth 7400000000. 00 euros at the cost of 18000. 00 jobs and c. E. O. Christian saving or close the bank struggling Equities Trading business and shrink other operations significantly. Investment bankers were the 1st to go en