Th aussie dollar bond market remain unfazed, as the rba keeps rates unchanged, but warns further tightening may be required. In asia, stocks selling off. Bonds under pressure. Cleveland fed president Loretta Mesters has one more hike maybe in the cards this year. Jamie dimon warning the u. S. 10year could go much higher than expected. Can it go to 7 . The answer is yes. Are there factors that would drive it higher than where it is today, yes. Is supply and demand kaput . Yes. Kriti bank of england takes aim at the central bank forecast, predicting permanently higher Interest Rates in the u. K. Lets get right to the data because you will see action coming across futures. The theme of the day around the world seems to be a more hawkish tone for Central Banks. Do the markets believe it is the major question. Take a look at this a lot already underway in the futures market. A lot of this will be impacted by sentiment in asia. Euro stoxx 50 futures down 0. 8 , ftse 100 futures outperforming
Coming up, is time running out for nouri almaliki, the iraqi Prime Minister . We will ask the foreign minister if the country needs a new Prime Minister. First, lets get straight to our top company story. Poised to make his case again to french leaders today. Tomis making the case for als Energy Assets. Things going on surrounding this deal. It is becoming increasingly political. Will france be set aside . Bothine, ge and siemens improving their offers and both meeting the president today. Thats right. A pretty exciting day today. The french president will meet with the siemens ceo at 2 45 french time. And he will also meet with the General Electric ceo. Sides improving their offers. Ge last night said instead of just taking over alstoms Energy Assets, they will also create a joint venture with alstom in renewables as well as relliance on nuclear technology. Ge is selling israel for naming business selling its rail signaling business to alstom. Siemens decided to improve their cash com
They will be the Worlds Largest Marketing Group by revenues. Under structure they will retain headquarters in paris and new york and plus a Euronext Paris listing as well. David perrigo in the United States has agreed to buy irish drug company elan for 8. 6 billion. Guess, u. S. Company is going to ireland because they have lower taxes. The deal isnt expected to close until the end of the year. Liz want a job. Maybe amazon will hire you. They plan to add 7,000 jobs to meet rising demand. The company will add 5,000 fulltime jobs in the Fulfillment Centers in the United States and 2,000 Customer Service jobs. David that is good news. Ben bernanke should give a deposition in the lawsuit being brought against the government by former ceo Hank Greenberg over the rescue of the company, aig. Bernanke was one of the central decisionmakers in the huge bailout of the firm. Liz sec resting its case in the fraud trial against exgoldman sachs trader fabrice tourre. In a move the defense team didnt
Regulatory News: NHOA has been informed of the intention of TCC Group Holdings Co., Ltd, NHOA's indirect majority shareholder, to file a simplified tender offer for the NHOA shares at a price of
NHOA Has Been Informed of TCC Group Holdings Co., Ltd's (f/k/a Taiwan Cement Corporation) Intention to File a Simplified Tender Offer for the NHOA Shares, With a View to Delisting NHOA marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.