Trumps campaign taking a vastly new direction, thiel is still in. Yeah, its also a bit puzzling. Its pretty late to give this amount of money, and it seems like, you know, the polls are bad for trump, so its strange that hes giving it now when things dont look good. You would wonder why he hadnt given money earlier when it might have had more effect. Im not sure what the point is, other than sort of there were some questions the last couple weeks whether he was still allin with trump. Some reporters had asked him and he hadnt really answered, so this sort of answers that question, but beyond sort of signaling hes still with trump, im not sure what the actual purpose is. Farhad, for someone whose estimated net worth is 2. 7 billion, what is the amount itself say to you . Because other Trump Supporters have given vastly larger amounts towards a campaign, and im just wondering if you think this is him putting his money where his mouth is, or if this is basically doing as little as possibl
Estimates. Road map begins with eli lily abandoning an important Alzheimer Drug, stocks down more than 13 in the premarket. Well have an exclusive interview with meg whitman, corporate americas relationship with president elect trump on the agenda. And the countdown to black friday and a cheerier Holiday Outlook for retailers. The winners straight ahead. First though to some news this morning on the continued search in the transition for the next treasury secretary of the United States. That list does appear to be shrinking. We can tell you this morning that jon gray, the man who runs the real estate business at blackstone, one of the more senior members of course of that firm, is no longer being considered for treasury. It had been reported earlier this week after meetings over the weekend that mr. Gray along with of course Steve Mnuchin who was the Campaign Finance manager for the Trump Campaign were perhaps two of the few candidates left for that post. But this morning i can tell yo
Out look from sainsbury after they will beat full year profit forecasts. Russia approves the use of military force abroad in a move that could see boots on the ground in syria. Good morning. We have a rally on our hands. The xetra dax bouncing back after two days of losses. Glencore continuing to bounce back after its 30 fall we saw on monday. The cac 40 with an impressive gain of 1. 8 . Yesterday the levels we saw at the close took us to the lowest levels since 2015 but since then a little bit of stabilization in the u. S. Markets but also a rebound in the asian markets. Speaking of, lets have a look at those as well. We were at 3 year lows but we moved off that thanks to the rally were seeing under fold today. Were up by 2. 7 despite disappointing industrial data we got out of that market but clearly ignoring that but still probably a little bit of caution in these markets given that tomorrow well get the chinese pmi numbers. Just in time for october 1st. Lets take a look at the ftse
They say the central bank has more tools if needed. If inflation dynamics change and if necessary, we would not hesitate to adjust our economic policies. Investors at glencores plans to spin off more assets as the embattled investors put their chile an mines up for share. Passing the government stress test trying to decommission germanys reactors. Good monday morning. Im susan lee. Coming up on the program, if europe needs swagger then ferrari can help. The car maker kicks off its ipo road show which could buy the firm almost 10 billion. Also, we go 100 meters below europe to take a tour of the Worlds Largest scientific laboratory. And europes got game, at least when it comes to football. We hear from a legend of the game, rio ferdinand. All this week on cnbc well be talking about why europe needs swagger. After nearly a decade of financial crises, bailouts and endless summits, europe is facing somewhat of a crisis. For all of its problems, we decided europe needs swagger. Firks lets l
A probe in countries like south korea. Switzerland launched their own investigations. She vows to take on excessive profiteering in the sector. Hungary orders the army to take on the influx along the border. Volume volkswagen hitting the skids for another. Were down 4. 4 today following the 20 decline yesterday. How did volkswagen take such is a wrong turn . 2013 they ran test on diesel car emissions. They expected diesel cars sold in the u. S. To be exceptionally clean due to tough u. S. Standards but they were surprised to find quite the opposite and reported their findings to the Environmental Protection agency. The epa finally challenged the car maker and issued a statement calling on volkswagen to issue a recall and warned it faces penalties of up to 18 billion. So that really begs the question. What is next . Reports suggest the u. S. Department of justice will launch a criminal probe. Internationally, south korea has opened its own investigation which it says could expand to all