Job cuts at ing. The dutch lender plans to slash jobs, 13 of its workforce. Our low rates to blame . Pulling the brexit trigger. The pouncings as theresa may says she will invoke article 50 by the end of march next year. Caroline the pound trades lower on that news. U. K. Futures are in the green. Caution affecting european traders. Germany is closed. Everyone else is enjoying their holiday. Overall, the dax will be shot. Shut. Still some nervousness, some risk aversion out there, as we build up whether a deal will be struck by Deutsche Bank this week. Guy lots of pmi data out of europe this morning. 820 ofayed 20 attention. The british pound firmly in focus, dropping on the back of news we will get a trigger on article 50 before next month. We will hear from Philip Hammond hammond later on, chancellor of the exchequer. The bond market will probably respond to what happens with the data throughout the morning. Here is the bloomberg first word news with rosalind chin. Rosalind the pound
Profits. Signed, sealed and delivered. Shares in japan post surge higher on the first day of trade in the Worlds Largest ipo of the year. Good wednesday morning. Lets get to break news before we get into the rest of the program. We have euro zone, the september composite pmi above the boom bust line of 50 so were looking at a lead of 53. 6. When it comes to the forecast, which would be october, were looking at an improvement of 50 for the euro, still trading below 110 versus the u. S. Dollar. Now lets check in on european markets and how theyre fairing on this wednesday as we had another boost yesterday on wall street which means were at the highest since july this year. Europe sees green across the screen. The ftse 100 seeing gains. The france cac 40 as well. Now one stock i want to highlight today in german trade is vw. Volkswagen porsche shares are skidding back into the red and for the first time prices have been dragged into the vw scandal. The Company Announcing 800,000 vehicles
Biggest lakes. No closer to catastrophe, Scientists Say they are keeping the dooms day clock at a three minutes to midnight. Hello there, good to have you here. The u. N. Has finally sent out invitations to the geneva talks on the war in syria which are due to begin this friday, and there are conflicting reports about whether the main group has been included, the syrian army is claiming a key victory ahead of the talks taking shape, in the province which helped security supply routs from the capitol. Well, the United Nations humanitarian coordinator has called the humanitarian disaster in syria, the most devastating crisis in the twentyfirst century. With children, bearing the brunt of the war. Al jazeera diplomatic editor reports. A place of importance on the road between damascus the place where the revolution started almost five years ago. The timing just days before is due to convene peace talks is no quince dent. Among the first items on his agenda are cease fires in syria, the go
End of the world could come sooner than we think. Hello, the u. N. Has sent out invitations to this weeks planned talks in geneva on the war in syria. It follows weeks of dispute about which opposition groups should be asked to take part. James bayes is in geneva and has more on the diplomatic movements behind the talks. We knew 24 hours ago when stephane de mistura said he was going to go for the widest possible representation of the opposition. One country, saudi arabia, would go and find who the opposition were, who should be part of the opposition delegation. Saudi arabia did that. They pulled together lots of opposition groups and pulled together what they called the riyadh list. Saudi arabia and those on that list, believe they should be the opposition that comes here. But russia objected to that reed a list, saying that there were too many fighting groups, too many jihadists, there werent enough kurds and secular people on the list. And in the end under a u. N. Resolution passed
A warm welcome in rome as irans president embarks on a tour to drum up bus in europe. Plus. Im allen fisher in washington, d. C. Where the digout begins after the weekends blizzard and people face the course of near record snowfall. Hello. Health experts are warning that the zika virus which has been linked to babies born the brain damage is linked to almost every country in the americas. Zika virus has been found in 21 countries since it was found in may in brazil. The only exceptions in the region are chile and canada, where the ades mosquito is not found. The symptoms of the disease include mild fever rashes and headaches. But scientists in brazil have noticed a link between the spread of zika and higher rates of babies being born with smaller heads. Women in these countries are advised not to get pregnant. Christian lindmeyer tell us about the challenges they face in battling the zika virus. Its a very difficult situation because you have to see the moment that a baby gets born, an