Obtain. What you might see is a bit more bitesized approach to aspects of the trading agreements. To get a greater engagement in a more constructive engagement. You talked about the covid recession. We have had a second wave of covid coming across europe in the last couple months. Indicators of the economy show that is causing a double dip in many economies in terms of activity. Youhelpful you are are that we could have a fast recovery this time around and see that vshaped recovery people have talked about . I think the vaccine is going to be a very important story for the 2021. From the irish perspective we moved early on in the early the second wave, the Second Lowest interest in europe now. We are doing very well in terms of the downward trajectory of caseys. Of cases in hospital and icu. Somewhere at the end of this month we move out of what we call level 5. Our schools of state construction has stayed open. Our domestic economy. Our investment side is doing very well. Science and
Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to this set of results. What is so encouraging that we heard this morning good morning. You said it is all about the margins a
Details, talk about what it means for the industry and business in europe. Shares of pepsico on the move after beating street expectation. Were going to talk to the companys cfo Hugh Johnston in a few moments. Expecting fireworks today on capitol hill. Fbi director james comey set to testify about the Hillary Clinton email scandal. We will bring it live in whitewave rising in the premarket. The organic foods makers agreeing to be acquired by danone for 10 billion in cash. The deal values whitewave known for brands like silk and horizon organic at 6 25 a share. Danone says the merger will double the size of the u. S. Business and we will talk to the ceos of both companies tomorrow here on squawk on the street. North america now will be about 22 of their portfolio from 12 about now. A big bet on america. An important deal for danone. Of course as you say, getting larger in the u. S. Whitewave has been no stranger to those who believed it would be part of food consolidation and as sara ei
First we start off with apple shares falling 1. 5 as the country underwhelmed the developers conference. Josh lipton is there. Reporter melissa, the app store eight years ago had 500 apps. Fast forward to today, 2 million apps that have been downloaded. Some 130 billion times. Ceo tim cooks jobs keep these developers very happy. He started his key note today by talking to the thousands of developers about the companys products and platforms. Now we offer you four incredible platforms that power these worldchanging product experiences. Watch os. Tv os. Os 10. Ios. Were going to move each of these platforms forward today. Reporter other apple executives were also on stage today, including eddie cue and craig. Developers i talked to, most excited about one change in particular. Apple is now going to let them integrate siri into their answer. That would mean, for example, you could use siri to order an uber or book a reservation. Apple music, which critics had said was clunky, confusing, n
Civil suit. The Justice Department dropping its twoyear effort. Weve got the details on that coming up. Meantime, amazon is making a big bet on its echo device called alexa. All the alexas answering out there, people listening in. Theyre looking to make it a 1 billion business. Will increasing competition from apple and google get in its way. Thats something well look at coming up here. Plus, the end of an era. The partnership between American Express and costco will officially end on monday. Weve got new details on how American Express is looking to address the losses. What citigroup and visa are planning next. Lets start with the concerns over next weeks uk vote whether to leave the European Union. Will fred front is about to head over to london for coverage of that big event. Before you leave, though, will, give us the latest. Thanks very much. Campaigning on both sides of the Brexit Debate was postponed today following that Fatal Shooting of labor party, a member of parliament, jo