Japan increases the pressure on south korea. Europe braces for announcements on trade from President Trump today. Trade pains and job gains. Report is expected to be a takedown from the june number. After the release, we will hear from larry kudlow. Matt good morning. Is bloomberg daybreak europe. I am live from berlin. Se are looking at allianz earnings coming across the wire right now. Companyres to the compiled estimate of 2. 9 9 billion euros. It is a leading on it is beating on the Second Quarter. Seen a range of 11 billion, 12 billion on the year. If they hit that number bang on, it will be no change from last year. We are going to speak with the. Llianz cfo do not miss that interview at 7 00 a. M. London time. In about an hour. Nejra . Nejra i have numbers coming in from credit agricole. The context is it is joining fox capital. Listing the Second Quarter ratio, 11. 6 . Secondquarter revenue coming in t on meeting the estimate. If we take a look at some of the other numbers comi
All change in greece after a snap election, but what are the economic challenges facing the incoming Prime Minister . European markets look like this at the start of a new trading week. We will have the details of all you need to know. And, getting an early taste for business. We meet the former teenage entrepreneur who began selling ice cream at the age of 15 and turned that cash into a pizza chain. Today we want to know, with prom season in full swing in the uk and parents splashing out on their kids for the big day, are we taking this american tradition too far . Should we indulge our children . Let us know just use the bbcbizlive. Welcome to the programme. It was once the worlds biggest Financial Institution. But now Deutsche Bank has confirmed one of the biggest overhauls at an Investment Bank since the aftermath of the financial crisis. Its confirmed that 18,000 jobs are to go over three years as part of a restructuring plan. That will ultimately cost 7. 4 billion euros or 8. 3 b
A hole has promised legal action to take control of the rest of egypt well take you live to madrid im the boss a lot of them also on the program a tale of survival after five months adrift in the pacific in our exclusive interview thanks for the Commanding Officer of the ship but rescue the sailors lost at sea but also hear from one of the women who was sacked. Votes are being counted in kenya as of rebound president ial election but the date sounds so deadly clashes with police im such a boycott voter intimidation on local time but the latest from nairobi. At the end of an era the last two decades of their lives for us to take off today seems its last ever flights landing here in the german capital. And back to that defeat on penalties in the german cup when i ask how Bobby Knights that you can bounce back to beat by. War. Im phil gayle welcome to the program. I will start with the breaking news from spain the catalonia is Regional Parliament has voted in favor of declaring independen
Or other asian muslim origin is well established. Today, ken macdonald, a former director of public prosecutions, said it is a disease of racism and sexism that will not abate until it is confronted. Labour mp Sarah Champion said that people are more afraid to be called a racist than they are afraid to be wrong about calling out child abuse, which has inhibited exposure of wrong doing. She asked, why are we not commissioning research to see what is going on and how we need to change what is going on, so that it never happens again . Theyre good questions, so we are going to ask them for the first part of the programme this evening. First, Rabiya Limbada reports from oxford. Some of the 18 men and one woman convicted of abusing girls in newcastle. The men convicted were mainly british born, and came from bangladeshi, pakistani, indian, iraqi, iranian and turkish communities. A report in 2011 by the Child Exploitation and Online Protection Centre identified over 2000 potential localised
Kayla tausche, to talk about the market impact. The president of the United States this morning commenting about the overall stock market. Yes. And how much people who bought in since the election have been rewarded. Your thoughts. It is true. I mean, theres no way to get around the timing of it all, but ive been sort of saying a lot had to come together, both with regard to policy and policy hopes and outside of that for the market to do what its done since the election, as many people have commented. Ah all of the leading indicators turning up, earnings pointed in the right direction and bond yields globally going up. All this fed into an idea that things were Getting Better. And then you had the overlay of there will be businessfriendly policy coming out. And i think it did keep investors focused on this story line, that yes, things are Getting Better now, but maybe we could even count on some help down the road. Now, what happened over the weekend and what happened into today is yo