If it holds. It could lead to a rally of sorts, and thats exactly whats happened here in the last hour here. We have a sense this was coming from the european session. You would have gone through the news flow about aid for Banco Espirito, some of the geopolitical stuff thats extremely troubling. Things would look different today. Not the case. Even oils struggling to catch a bid. Investors are awaiting a key Earnings Report from aig, due out in about an hour. It has a new ceo coming in less than a month and is trading at idiscount to peers. The numbers could definitely move the stock. Well have the information first and your analysis right away. All right, also, the president taking more shots at some of his favorite targets, namely wealthy businesspeople. I mean, if youve been watching television today, you know what he said. If you havent, then you will hear more of those comments where he told ceos essentially to stop complaining. Plus, well take a closer look at the president s re
Compressive opportunity. You are welcome to countdown. You might love to have the car but by the jacket or handbag instead. Market. s luxury good and for anybody who likes airplanes we have numbers from air busters. Airbus istantly, reiterating its guidance, releasing numbers for the ninemonth, Third Quarter. Overue increasing by 4 the ninemonth. Cash flow before acquisition was staying positive in the Third Quarter. To 2. 6 billion , euros. Should beued momentum about the same level as in 2013. That is exactly matching the guidance they gave back in july. In july they told us that airbus deliveries would be about the 2013. Evel as that guidance a lot of folks are looking ahead, that will be delivered when the first time to a customer, to Qatar Airways just last month. Remember, this is a business that changed its name to airbus and put military and space units together to try and save some money. And weve made progress, will get more from caroline later in paris. G20 nations have been
Good morning, everybody. You are watching the pulse. I am guy johnson. Im francine lacqua. We are getting breaking news out of italy. The a thailand economy shrank 0. 1 in the the Italian Economy shrank 0. 1 in the Third Quarter. Countrystory of a struggling to grow. Another recession, here we come. Difficult times for matteo renzi. He tries to figure out exactly what he needs to do to get this story flowing again. Lets go north and talk about where else we are seeing growth or no growth. Half of the euro zone economy, journey germany and france. Not great numbers from either in the Third Quarter. We had updates from the netherlands. Before we get the aggregated number, international correspondent, hans nichols, in berlin. We know a lot of the pieces. And we can deed is from the pieces. The aggregate number is going to come in line with expectations right about 0. 1 growth. Italy looks worth remembering. This is the 13th quarter with negative or zero growth. It is a negative run. We di
And we are just going to bring you to the europe sentiment data. The number was previously at 103. 2. Its coming at 104 for november. The expectation index has come in at sorry, im just going to get that one. Its come in at 99. 7 against a previous index of 111. 0. We are going to bring in the chief economist here to show us this is a pretty big surprise. This is a very important data point for two reasons. First of all, the economic weakness in europe over the last six, seven months has been largely germany. Positive germans are the turnaround we need. And the german weakness itself was focused on business investment. Investment is driven by expectations. And now that we have our sixth month of decline, it does show that business can start to go up begin at the end of this year and in the First Quarter next year. So these data suggest the worst could be over. Of course, its just one month. We have to wait for confirmation, but it is a very positive sign. Does this also indicate that i
Lauvens the first ltro are expected to disappoint. Results out in over an hour. Moving camps and demonstrators out of the financial district after more than two months of occupation. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. We are just getting news out of norway. Theyve cut the deposit rate by 25 basis points to 1. 25 . We were expecting a slightly easing meeting announcement. We werent expecting an outright rate cut until early next year. Low Oil Prices Hit a fiveyear low against the euro, which given the eurozone weakness is quite astonishing. The economy has been weakening. T inflation, the most recent number declining slightly more than expected, but only fractionally. That has led the central bank to cut the deposit rate to 1. 25 . The norwegian krona has strengthened against the dollar today by 1. 2 . And we should point out the norwegian krona has been depreciating against the euro over the past couple of weeks because of the