Bloombergs European Headquarters in london. Im francine lacqua. Lets get to the markets, Global Equities holding near a high for the year. 600. Is a picture for stoxx i wanted to show you automakers. Folks like an volkswagens market share reached a low. We have been talking about it all week. It did see a little bit of weakness. A sign of relief for governor kuroda. Lets get straight to the bloomberg first word news with nejra cehic. Nejra thanks, francine. Goldman sachs is said to be advancing on its biggest costcutting pushing years. According to people with knowledge of the effort, Ceo Lloyd Blankfein is calling for the push which includes firings and curbs on travel and entertainment expenses. Bonds are inyield the midst of their worst twomonth selloff since 2014. Investors say they have yet to fully price in the risk of default. Speaking in washington, the governor of immediacy set of corporate debt burden is heavy, is not veryrage high. Federal reserve bank of atlanta president D
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LONDON : Spanish company Cepsa is considering the sale of a chemical plant in Shanghai as the oil and gas company pivots to a greener strategy across its various business lines, according to three sources familiar with the situation.A sale would see Cepsa's exit from China and comes after the company aban