Percentage point hang canning down and shanghai off by about. 9 active trading in europe now youll see red arrows across the board. Biggest decliner is the ftse 100. Look at whats been happening in the treasury the 10year is yielding is 1. 824 zben well above 1. 8 talk about pg e, saying its power lines may have started two wildfires over the weekend in the bay area the fires began in a section of town where the utility opted to keep the lights on another round of blackouts is expected to begin today as more strong winds move on shore the u. S. Is considering extending tariffs. Skapgss on nearly 1,000 products in september, they plan to exclude American Farm goods. Bowings ceo said that their company made mistakes and got some things wrong. We own that and are fixing that. Saying boeing employees felt pressured during the certification process. That hearing begins at 10 00 a. M. Eastern well watch closely and talk to two senators who will be questioning mullenburg lets talk shares of G
Inspired this years viral halloween costume. It is tuesday, october 22nd. Fbn a. M. Starts right now. We got the beat. We got the beat. We got the beat. Yeah, we got it we got the beat. We got the beat. We got the beat. Cheryl and welcome to fbn a. M. Good morning. Im cheryl casone. Lauren hey, everybody. Im lauren simonetti. Cheryl lets take a look at how your money is moving this morning. Right now we have red arrows, dow is down 25, s p down 2 and three quarters, nasdaq down 4 and a quarter. Were getting earnings before the bell from four dow components, including travelers and mcdonalds. Lauren upbeat in asia. You have hope that this trade deal will be signed next month. The shanghai composite gaining half of 1 , the japanese market is closed and Hong Kong Market is higher. Relief measures being put in of to boost that economy. Cheryl over to europe, dismay as Boris Johnson is trying to secure the u. K. s exit from the eu today. That challenge seems daunting. The cac is slightly in
London and various european capitals on whether or not Boris Johnsons deal will fly. The lira trading lower by around a percent today. I suspect that has to do more with Interest Rates than what is potentially happening in syria. Vonnie hsbc looking to cut 10,000 jobs, dropping its french Retail Business entirely. The interim ceo looking to potentially take the reins on a permanent basis. Banks begin reporting next week. We are with mike mayo, wells fargo managing director and head of u. S. Largecap research. Not a huge amount, but still, 10,000 jobs is very substantial. Does hsbc need to rethink its strategy and potentially become a china vanke once more . Mike i think all banks globally need to rethink their strategies. A response to slow revenue growth, what do you need to do to control the bottom line . Control expenses. One way you do that is with technology. Benefit of technology at banks is in the nontechnology space, and that comes down to headcount. Youre seeing that other ban
Just sargents of course and through a slightly smaller ups we met up with these 2 who sound like an old married couple. With us who. Called book losing a court to move acquitted in the mikado. Of formal mounting a more more careful bringing goods japanese contingent in full force and we trace the roots of the man who cant keep himself out of the headlines at the moment so not very well can. Say the man who always claims. Stops. As a strategy for when hes already a top stock right by growing up of course you want to be a professional but again making a fire and then bringing these guys on sept 11th is an impressive and hes not taking me impressing up by hand hes becoming equally indispensable to gemini. To success has taken time hes a confident guy. Took him a long time to find his his own way. Hurdles to have to overcome and what steps to take along the way. For them one by one. Whether britain. Has finally reached stardom status. Gone to a german mother and father cannot 3 story begin
Withdrawal agreement. Also on the programme the Us Federal Reserve cuts Interest Rates for the second time in a decade. Climate campaigner, Greta Thunburg, comes to washington with a message for lawmakers the time to act is now. I dont want you to listen to me, i want you to listen to the scientists. And i want you to unite behind the science. And then i want you to take real action. Hello and welcome im Michelle Fleury in washington, and Christian Fraser is in london. Donald trump has promised a coordinated response to the weekend attack on two saudi oilfacilities. The us secretary of state, mike pompeo, arrived in riyadhjust a couple of hours ago, to present the saudis with intelligence the white house says will prove the missiles were launched from southern iran. The saudis have evidence of their own. This afternoon, they have been displaying the wreckage of iranian drones and cruise missiles which were recovered from the site. President trump has announced on twitter that he has in