Upbeat on business activity. Recent data pointed to signs of a slow down. Meantime chinese stocks jumped to more than a fiveyear high overnight. Suggesting more government stimulus was ahead. And the New York Times reporting that the federal authorities investigating the october data preach at jpmorgan they are confident that a criminal case will be filed against the hackers. It means several of the suspects live in a country with which the u. S. Has a extradition treaty. The u. S. Is hitting the debt limit again. Jack louew will have to take extraordinary measures from defaulting on the debt. Well talk about that with ben white who is going to join us in a bit. And a few stocks to watch. Ge selling the Consumer Lending business of ge capital to an investor group. It carries an surprise value which includes debt of about 6. 3 billion. An a Clinical Trial shows that the heart drug can cut the risk of death another heart attack or stroke in patients that had a history of heart attacks cu
Of sanctions. European Union Foreign policy chief Catherine Ashton is courtney being content with the iranian side shes setting up meetings with negotiators from the United States and russia and china france and britain and germany. She met with Canadian Foreign minister mohammad jem but that need to try to close the gaps. He renamed it before and missed our bus that had she says the negotiators have worked through some details of major differences remain. The rainy and demanded that the major powers to recognize their right to enrich a rainy and cleaned the ride is an amiable and constitute the peaceful use of Nuclear Power are not terrified here in the community and beyond a certain level of purity. What enabled the ukrainians could keep the Market Nuclear weapons. Korea plans to set up fourteen year economics and sing in an apparent bid to attract Foreign Investment and it comes as the economy is being hampered by International Sanctions as well as the shortage of Raw Materials ener
His annual vacation in hawaii to deal with the fiscal cliff. No sight of congressional leaders. Theyre not in town. Investors getting a little bit nervous. Will congress get it together in time . No talks that we know of are imminent. It was by at least one measure, the weakest Holiday Retail sales growth since the financial crisis back in 2008, but could a postchristmas holiday sales bounce be around the corner . And what a year it has been for tech. Gadgets and gizmos. Apple, facebook, microsoft all have big news. Will 2013 be a lucky year for the sector . Which tech titans might lead the new trends . Simon hobbs is in at the new york stock exchange. Good afternoon. When president obama arrives back in d. C. , can he prevent america falling over the fiscal cliff . House republicans havent yet called their members back to washington. Our chief political correspondent, john harwood, is with us. John, this feels very much like it might be the calm before the storm in more way than one.
I am guy johnson. And i am Olivia Sterns. Giants arete, how ad sinking their teeth into the suarez incident. And alibaba picks its new picks the New York Stock Exchange to host its ipo. The name, baba. The eu has signed a trade deal with the ukraine. That country is very much now at risk of seeing retaliation from russia. Hans nichols is at that you summit in brussels, where leaders are meeting this morning. First, the details of the deal. Well, this is an association agreement, which basically lois lowers tariffs between 300, angola, moldova, and ukraine. This is the approximate cause which irritated russia and started this entire crisis. Here is what happens next. One, we wait for a response from moscow. Poroshenko has that he plans to ratify this as soon as possible. Once it is ratified, you start harmonizing all of the different agreements and languages. What does this do to a potential . Xtension for a ceasefire the ceasefire expires later tonight. We must say it what it has not b