Organization can play a bigger openness andting development. So that the multilateral trading regime can be more authoritative and effective. Later this afternoon, the chain the china side will host an informal wto ministerial meeting. We look forward to candid exchanges that will lead to globalctions to improve economic governance. I am happy to note that yesterday, 15 countries taking part in the original comprehensive economic concludedp or are cep textbased negotiations. I hope the agreement will be into fourthntered added early date. At an early date. [no audio] applause] china will be happy to include free agreements with countries. China r. O. K. Fta and a China Cooperation council fta. Will stay actively engaged in cooperation within the united and , the g20, a pick, move economic globalization forward. China will continue the belt and road cooperation. Today, with 137 countries and 30 international organizations, sign a has signed 197 documents on belt and road cooperation. Ch
We just met with china. We are doing very well im meeting with the vice premier at the white house i think it is going really well. Sap shares surge. Coceo tells cnbc mcdermott believes now is time for change at the top other than thinking about handing over the reigns and going through transition in the beginning of the year, he felt now is the appropriate time to come out we had a great strong quarter. Hugo boss cuts its out look for the second time. Puwlicis is also at its lowest since july 2012. A warm welcome to street signs. Lets kick off with a fresh report from the iea. They have reduced their Oil Demand Estimates for 2019 and 2020 to 100,000 barrels to 1 Million Barrels a day and 1. 2 respectively they lowered these to reflect weaker demand. They also noted that demand for opec they see falling in 2020. Also comments on supply there. Nonopec supply led by iran, brazil and norway to rise to 2. 2 million. Interesting that they continue to see a ramp upcoming out of nonopec count
To daybreak europe. Lets recap those numbers. Unitbs Wealth Management bringing in net new money in the Third Quarter, almost 16 billion, meaning assets in that unit hit a record. Atrd quarter net came in 1. 05 billion, a clear beat on the estimate of 9. 71 billion. Beat on therofit, a estimate for ubs. Profit came in at a beat, but ubs seeing 100 million restructuring charge at the Investment Bank in the Third Quarter. It also warned that lower Interest Rates would hurt income from lending compared to last year. The ceo, we will speak to later, saying in the statement, we continue to take action to grow productivity. We also have some breaking news coming through from novartis. A lot of numbers to come through here. The 2019 guidance has been raised. If we look at Third Quarter for operating profits, that comes in at 3. 75 billion. The estimate is 3. 59 billion. Third quarter core eps, 1. 41, eight on the estimate. Third quarter net sales also beat the estimate. Up in the high single
Prime minister also proposes a three day schedule for the votes. Trade talks on track. President trump says negotiations between the u. S. And china are advancing ahead of next months apec summit. Will they be ready to sign a deal . And ubs Wealth Management assets reached a record high with rich clients adding nearly 16 billion in the quarter. Sergio ermotti strikes an upbeat tone. Still a very Challenging Market condition. Am glad we were able to grow solid performance in this difficult context. Matt less than a halfhour away from the european open, im taking a look at the pound. You can see threeday trade, maybe its more exciting if i put it into a six month perspective here. And bouncing1. 2975 along under the 1. 30 level. We have broken it yesterday for the First Time Since may 10. Take a look at futures. We saw this morning a mixed picture in futures, a lot like the mixed picture we saw in asian stocks. Dax futures and cap gaining. Ftse futures down. You see these numbers are so
The caliban. This is about three hours. The committee will come to order. Without objection, all members have five days to visit made statements and questions for the record subject to the limitation of the rules. Ambassador wells and ms. Friedman, welcome to the members of the public and the press as well. We are glad to have our friends from cspan here as well. We need this mornings of the committee conduct oversight of the administrations policy towards afghanistan and iran now recognize myself for an opening statement. For months weve been attempting to get some visibility into the ongoing peace negotiations without success. We all want peace and the fighting in afghanistan do and do. Congress needs to know what the potential deal looks like and members need the chance to ask questions and offer views and in the last few weeks, weve seen the reconciliation process go off the rails in a spectacular fashion area to be learned from a president ial message that the administration was p