Now spread to northern italy. This as travel freezes up and global case numbers approach the 77,000 mark. Coming up, weve got right here on the claman countdown the Luxury Travel company on the front line, high end destination site embark beyond is here on which countries they are now redirecting travelers to so that 100 gut punch to its China Business doesnt spell a tko to its bottom line. China has other problems than just the coronavirus. The white house has just hurled a new jab at top Telecom Giant and 5g powerhouse huawei. Huawei chief Security Officer andy purdy used to work at Homeland Security. Hes now with huawei. He is here and ready to push back against the administrations latest snub. And from the white house to sin city, the president trolling his democratic rivals in las vegas on the eve of the nevada caucuses. We are live on the ground as the oval office incumbent looks to trump any blue wave from trying to break out in this key purple state. Plus, we have brand new bre
Final day of campaigning ahead of tomorrows election basic resources outperform stocks amid information the u. S. Could push back tariffs on chinese goods. Credit suisse citing joongoi pressure and trade tensions. Good morning and welcome to street signs. We have a very busy show for you. The top story, the Worlds Largest ipo has made its debut saudi aramco shares have made its way 10 higher on the exchange after listing for 32 per share giving the company a market value of around 1. 88 trillion, we can round up to 1. 9 trillion, not quite 2 trillion lets go to hadley it has finally happened. The ipo has occurred the stock is trading and yet still shy of that 2 trillion number 1. 8 not that bad especially given the negative press weve heard. Rounds and rounds of pretty negative press it is pretty fantastic for me to see this not just having covered the kingdom for 10 years you about from the initial announcement in 2016 when the saudi prince made this part of the situation for saudi vi
Across the curve in the u. S. We also have some powerful services in europe, bunds one of the biggest underperformers, yields higher. We also have jpmorgan and we are getting some headlines that i wanted to highlight, net to 55t income of 54 billion. They are also targeting, if you take a look at the pretax income compared with 40 in the last year. David it looks pretty good. And that return on tangible capital, we are all projecting broad numbers. Alix and we see them benefit from tax reform. David and in the meantime, discover communications came out with their earnings, 636thquarter adjusted is over the projected 612. , so it Beat Estimates looks like they are having it good day. Alix yes, indeed. They are also looking for some doj clearance and are looking for that information. David it is now time for the morning brief. Jpmorgans investor day begins with remarks from the ceo, no doubt about the things we just talked about. Also 8 00, macys will release earnings. And then we will g
The eus top negotiator says progress is slow on brexit talks. His british counterpart claims the uk is showing flexibility. Were live from brussels with the latest in tokyo, british Prime Minister theresa may secures a deal with japan for trade ties after brexit music to vivendis ears. Shares are on course for their best day in four months as impressive sales of smash hit despacito boosts revenues for subsidiary umg welcome to the show. Well kick off with some breaking news. We have the euro area august manufacturing pmi out. Its come in at 56. 6 having been forecast at 57. 4 so were looking at a slight miss there try to bring you more details on that but for now thats all were getting. Once again, that came in at 56. 6 after a forecast of 57. 4 lets look at how the stock markets have opened today. Were seeing more green than red on the board so, another positive day its not going to be enough to help the markets overall this week we saw they did indeed european stocks closed down for
Shares of nestle open higher after the swiss food giant launches a 20 billion Share Buyback and says it will focus on capital spending, just days after third points dan loeb pressured the firm to shake up its structure. Maersk shuts down a number of systems after hackers strike in another largescale cyberattack targeting the shipping giant and several other corporations and government institutions across europe and the world. Good morning its wednesday, im glad to be back in the seat hope you enjoy the show today. We have a jam packed show for you. Lets kick things off with a look at the heat map the stoxx 600 is down by 0. 8 . A lot of weakness extending yesterdays losses the stoxx 600 at this point is at the lowest level in two months we saw tech stocks underperforming in the u. S. And a similar thing is happening in europe this is also on the back of the renewed cyberattack. Well spend more time talking about that during the show oil and gas also underperforming given that prices ha