Season jpmorgan crushes estimates, citi and wells are mixed ahead of the open. Plus sustainability is becoming the new standard, blackrock ceo saying the Climate Crisis is about to trigger fundamental reshaping of finance. And the tesla rally rolls on shares now up more than 100 in the past three months alone. Well start with bank earning, jpm, chase, citi, each posting better than expected results. Wells fargo shares moving lower on its miss. New ceo charlie sharp our cost structure is too high and i believe there are many areas where we will be able to increase our rate of growth. Efficiency really the story on wells, jim well, i got to tell you, im a total believer in Charlie Scharf and what he did at visa hes the most technologically inclined ceo in the bank group it has the most opportunity after this washout it is a washout. I dont think charlie will waste any more time. He has to address these things and he will. In the meantime, jamie diamond, what can i say about jpmorgan . It
A breakthrough victory in one or 2. Im assuming some us going to thank you for joining us for a special coverage here on d w polls are about to close in Regional Elections in 2 states in eastern germany with possible significant consequences for chancellor Angela Merkels government in berlin as well the voters in the states of funding both in saxony have been casting their ballots until now both states have been governed by traditional establishment parties of the social democrats were s. P. D. And chancellor merkels christian democrats the c. D. U. Base but this time both parties are facing a stiff challenge from the far right alternative for germany the a. F. P. The latest opinion polls show that the party is running neck and neck with the s. P. D. M. One bug and just a few points behind michaels c. D. U. In saxony. Well we have complete coverage of these potentially pivotal elections on we have a Political Correspondent with us here in our studio and we have our chief Political Edit
Its estimated that could cost more than 5 billion. One of the buildings which was destroyed was the grace baptist church. Our correspondent sophie long is in hawaii and spoke to some of the congregation. The fire left more than a city devastated, and charred black buildings behind. Questions hover above the emptiness. How can you rebuild from this . What will exist here in the future . A now churchless congregation gathers at a coffee shop to share their pain. One of the Police Officers sent me pictures. It used to be my house. I wept, but weeping is not a lack of faith. Thank god that he gave us tears. Amazing grace. There are so many questions that remain without answers. Why did one survive to sit in a makeshift church when their neighbour didnt . What will become of their community so crippled by a loss thats still being counted . I dont think it will ever be the same. I hope it will be better. Thats my prayer. And i believe that, i think one day, you know, it can be an even better
And are Companies Set for the january 1 implementation date. The biggest billionaires for their Investment Strategies. First off, hes outspoken and unapologetic when it comes to critiquing everything from his nations neighbors all the way to the u. S. Administration. That is exactly where i started my interview with him. About what he has done so far on delivering those campaign promises. About that,ked me the most has not been done. Jerusalem is not part of the United States of america. It is for all the region of the world. For the jews, muslim and christian. It is everybody. The independence, not america. It will not happen. Yousef do you think there is worse to come from the administration of the United States to the point of the arab world . You said at the very beginning this individual is a loose cannon. Could it more difficult in terms of u. S. Policy in the middle east . I will tell you something very simple. Since he started, he promised a few things. First of all, he wanted
Equities market. Anna a warm welcome to countdown. I am anna edwards. Reporter and i am guy johnson from the greek capital. Anna lets get you up to speed on what is been happening. Lets talk about what has been going on. We will start with the euro. This is the last three days. Lower at the start of the Asian Session as the Foreign Exchange market picked up. We dipped below 110 and came up in the hours that followed moving a little higher. That initial flight to safety in a number of asset classes, definitely present but moderating a little bit. Looking at some of the other asset classes, you can see that as well. Look at what happened to the yen. Again, flight to safety but moderating a little as we get into our stride on this monday morning. How long will any calmness last in the london session . We will have to see. We may see that flight to safety resume. The treasury yield, another expression of the flight to safety trade this morning. Yield coming down on tenyear treasuries, but