Anna welcome to the program. This is bloomberg daybreak europe. Manus is in dubai. A new headline, we will alert you to that before we jump into the markets. The Weinstein Company has filed for bankruptcy after sale collapses. Lets move to what has been happening in the asian equity session. Futures up by. 8 , the dollar index down by. 3 . Were in limbo waiting for jay powell to speak. He spaced tomorrow and on thursday. Euro, and pound moving stronger against the retreat in the dollar. As to question jay powell, we get our first real market introduction to him in this current role. What we have said about wages, asset prices, and where janet yellen has taken the fed. Manus yeah. And on that whole concept, what will you get for mr. Powell . Most say markets will simply yawn, but have a look at this. The bond market may not yawn. A stronger yen is helping the bond market this morning. This is too bearish, too far. Bond yields have risen 22 times, to 2. 94 . They are at a record high. Th
Further support. A final deadline of sunday to prepare a new package of reforms as the block is prepared for a grexit. Microsoft is taking an ax to its work force again. The fresh layoffs will impact the hardware and smartphone business it acquired from nokia last year. In a surprise move barclays announced the departure of Anthony Jenkins. The search for a new ceo takes place. He said we are leaving value on the table and a new approach is required. He added that independent executives had concerned about jenkins leadership style for sometime. Shares under his tenure out performed all over u. K. Banks climbing 51 during that period. In the early years stock gains were boosted by the decision to side step government have since declined. Heres a few reasons why. In may 2014 a result of a Strategic Review lead to the bank cutting 9,000 job. In june 2014 the new York Attorney general opened a dark pools probe and in 2014 they were fined 2. 4 million for forex rigging. The change at the to
[ screaming ] and thats basically how the dow can mruj 181 points while the s p sits at 7. 3 and the nasdaq declines. 3 . I would say this market is enamored with growth meaning it would pay beyond reason for any company thats scoring much faster than the average name or company in the s p 500. Often, that gets hidden perhaps because of earnings surprises or takeovers. You may not see it that starkly as there could be momentary sparks of yearoveryear growth for just about anything. Sometimes, though, its so stark as to be painful. The house of pain and today was one of those days and it continued into the after hours. First, lets deal with the two stocks that caused the dow jones to yell timber in todays action. Before we get to the confluence of stocks including apple, microsoft, and yahoo and goprothat reported after the bell and not to mention chipotle. The first utex thats how its known on the street has been considered the bluest of blue chips whether its aerospace, defense, heati
Bilateral relations. On the 14th of december last, we heard the president of the United States, barack obama announced the policies against cuba had been wrong, causing damages and causing isolation to the u. S. Today, we have open than them the and all the countries recognize as a sovereign country, though this is a small and neighboring island. The reestablishment of diplomatic relations is apprehended in my country as a ignoble toward a process of civilized relations despite the differences and if the blockade is lifted if we are able to implement this type of relationship between the u. S. And cuba different from what has existed all along and history, in fact feel the recognition of the need to lift the blockade against cuba, the fact that during the talks we have had, we have perceived respect for cuba us independence to feel the determination of our people and that we can now talk as the secretary and i have now talked with absolute sovereignty despite differences show that the
Displaying good faith, honoring commitments, and adopting the right approach, then diplomacy can prevail over violence, suffering, and oppression. This will provide a Solid Foundation for further and more effective diplomatic interactions. Before i conclude, let me thank those ambassadors who supported the jcpoa and also those countries who helped this deal happen. Let me respond to some baseless accusations by some members, some previous speakers. It is ironic that the distinguished ambassador of United States accused of my country of harboring a hostage. Reckless acts of the United States in our region for so many years are at the root of so many challenges we are now facing in our neighborhood. Iran is a stable country in an unstable region. We want our stability to persist. We do promote a stability in the region and we help our neighbors to stabilize and cooperate towards that. In conclusion, let me also inform you that my delegation upon instruction from a government is forwardin