We are going to bring you todays market moving news from all around the world, from london to brussels, istanbul and washington. Our bloomberg voices are on the ground with this mornings top stories. We want to begin in turkey. The country has agreed to tip a rarely halt its military offensive in northern syria, but it is not withdrawing its forces. The lifting of sanctions may come with a permanent ceasefire. Theence with implementation of a ceasefire, the United States will not impose any further sanctions on turkeys, and once a permanent ceasefire is in effect, the president has agreed to withdraw the economic sanctions that were imposed. Joins usimin demokan from istanbul. How does this play out over the next 24 hours . Simikin turkey is expecting the kurdish fighters to withdraw from the areas. President erdogan said he expects to create a safe zone once those kurdish militants have left the area, and the safe zone will be 444 kalama theres long. 444 kilometers we also expect turk
Lets look at where we stand in the markets the dow hitting a new high up 117 points the s p and nasdaq all in record territory. Earnings are driving the market highs its getting rewarded. Bob is at the New York Stock Exchange with more were at new highs because the market has successfully rotated into former out of favor sectors. Im talking about cyclicals. Whatever happened to the Global Economic slowdown. Those are the two classic cyclicals on a global level. Communication services are Media Companies also doing well. Even bank stocks doing well as the yields curve has steepened in the last month. Its not just here in the u. S. I think a lot of people were surprised to find that europe is moving up. We had new highs in italy and germany and france theres your european etf. A lot of this is because the bank stocks have turned around italy, germany and france even japan at eight week highs. A little bit of this is about trade optimism a lot of people believe that will help the global e
Capitol Hill Facebook hashares down 10 in te past three months. The risks facing the stock all in on apple. Two big price hikes. One, a new street high its our call of the day microsoft earnings after the bell the stock outperforming all the fangs over the past one year the traders take their positions. Halftime report starts right now. Good to have you with us on this wednesday our investment committee, joe, stephanie, the brothers najarian were going to monofacebook. A hearing going on on the hill there mr. Zuckerberg another big dayfor earnings steph, you own caterpillar missed they cut guidance. China story. This is b about weak demand in china . Well, it is, but nothing theyve said today was surprising and if you look at the sell and buy side, earnings estimates, theyre around 11 so the midpoint rath eer is about 10 48 so its not that much off. They destock 1. 2 billion of invenntory in a years time. I like the risk reward and the stock reaction is telling you everything you need
New figures reveal cancer survival rates in the uk are on the up, but still lag behind other high Income Countries. Good morning, welcome to bbc newsroom live. Iamjoanna i am joanna gosling. The Prime Minister has insisted that he didnt lie to the queen over the suspension of parliament. Hes been speaking this morning. Heres what he had to say. Prime minister, your announcement today, whats the aim behind it . Well, the uk is one of the great centres of shipbuilding and were expending that now. I think that shipbuilding is an area of industry, which is of massive promise for this country. We are exceptionally good at it, we make loads of frigates used in australia, the canadians are buying them and we are now announcing another five type 31, a new type of frigates that will be built at shipyards around the uk, so they drive high qualityjobs here in they drive high qualityjobs here in the uk, the shipbuilding programme, but they also represent a massive export opportunity for this count
Ilene bovin coalition for San Francisco neighborhoods here on my own behalf. On the overhead is the proposal for the 2019 Building Code update. It was presented at the Capital Planning committee on july 22 of this year. In its presentation, the department of the environment stated that 35 of the citys emissions today is from privatesector natural gas. To reduce these emissions, the proposal is to encourage all electric design in new construction. The timeline for this proposal is for review by the department of building inspection and Code Advisory Committee in august, the board of supervisors Land Use Committee in september, and the full board in october. While not in the department of the environment presentation, the Capital Planning Committee Members expressed concerns. With increased reliance on electricity, the issue of reliability was raised. The response was possible use of Battery Storage for electricity. Although not specifically related to this presentation, the issue of und