Coming out 124. 1, in june against last months 123. 3. We are also looking at Current Conditions expectations index, 106. 8. Thats the june against 106. 4 last month now, the Italian Government agreed to wind down two lenders. The deal could cost the state up to 17 billion euros. The government said it would offer additional guarantees to cover potential losses speaking at a press conference, he says it is to avoid disorderly failure of two lenders. This crisis reached a level that required rescue intervention to avoid risks to everyone over disorderly failure. This rescue intervention is directed as favoring account holders and savers of the two banks and in general in favor of the economy of the territory this is one of the most important territories for our National System and economy for the part of small and medium size businesses which certainly plays a major role and historically relies on these banks. You can see shares up 3 after the bank absorbed good assets from lenlders as
Energy contract has not been destruck ted by the boycott. Theres no interruption at all. We have flow of gas and oil going all the way to our client, no interruption. And in another cnbc exclues if, ermotti says investors are looking for sustained period of calm before they take out money from cash reserves geopolitical front is, you know, quite a warning in respect to whats going on almost every day, so investors are really fundamentally touched by all those, and need to see prolonged and stable pattern Going Forward. There are a lot of green tiles today on this screen european markets off to a positive start this week stock europe 600 is tracking up over a third of 1 today seen some gains from friday when we had solid job numbers lets look at whats happening in individual european indexes it is around a third percent the italian ftse up by a half so far today lets look at what sectors drive the gains this morning we see real estate is in the lead almost up by just over sixtenths perc
Now it is time for World Business report. Battling to boost prices. Opec meets to check who is sticking to the rules on Production Cuts, as the price of Oil Continues to flag. And the business of birth. We take a look at the cost of delivery around the world, starting in turkey, which has the highest rate of c sections in the world. Welcome to World Business report, im sally bundock. Also in the Programme Financial markets start the week on a high in asia. And south korean courts are holding their Closing Arguments in the trial of samsungs jay y lee. For most of us, a Lower Oil Price is a good thing. It means it costs less to fillup ourcars, and if you run a business, transport and energy costs are cheaper. But for the countries that sell oil, lower prices is a real headache, which is why opec, the cartel 01 14 leading producers, has been trying to push up prices. Today and tomorrow, they are meeting in abu dhabi. Since january, opec and 11 other Oil Producing countries have been aimin
German company to raise profit outlook. We talk to the ceo at 11 30 cct. Good morning, everyone it is monday hope you all had a great weekend and it is a new week, especially for those investors caught with political tensions between north korea and u. S. , sent stocks down, the worst performance since last november. On this monday morning, seeing a bit of a relief rally. If we look at the indexes one by one, these gains are broad based. Ftse up by a half point. Dax surging by 1. 12 we will talk to the cfo later today. When it comes to the sectors, what youll see is that we see a bit of a rebound when it comes to the Banking Sector, up by 1. 7 this is one that was hurt pretty heavily. Auto trading high on the back of fiat report that oil and gas are underperformers. Back to the big political story that kept us busy over the weekend. President trump under fire for failing to explicitly condemn white supremacist groups, this where a man drove his car into people protesting against extrem
Likely to know overshadowed. Polls are open in most of the country. With the presidency and control of the senate and house at stake, weve got your bases covered coast to coast. Live reports from battleground states all across the nation. Jim, you went into this pretty heavy last night looking at playbooks either way. What is your general thought about how to approach today . Were going to have a couple stocks tonight that win no matter what. I think the idea is i think from the very beginning, you go back to the day that trump started, it was about mexico. And mexico is a job taker. Mexico does make your products cheaper. But it is a job taker. And its a job taker in the sense that if youre mercedes or if youre bmw or if youre toyota, youre trying to figure out where to put a plant and youre indifferent whether you put a plant in mexico or the United States in terms of being able to reach california and new york, so the idea is that if you put a plant in pueblo, ksu is the winner beca