pretty bad. Imf world bank, not many phones. Not many planes. Tom we have news right now, this does continue on, we are now indicating challenges. German confidence is actually very very low. Emerging markets and also because of the influence that russia is having in the middle east. Expecting 6. 5. Tom you see that in futures as well. You see it in yields. Breaking also getting news from volkswagen, so they are progressing 1 billion a year. Tom vonnie quinn is in new york. Vonnie good morning. There has never been anything like this in the brewing industry. Sab miller is being bought by ab inbev. One out of every three beers sold will come from one company. In china, imports are now on the longest losing streak, they fell for the 11th month in a row. Plus, domestic demand in china has been falling. There are reports that Russias Embassy has been hit by fire. A Russian News Agency says there was damage but no injury. There is report of Russian Military action in syria. A newrland is im
At the moment, not seeing any huge gains across europe. Well see how that continues as the trade settles. The bigve a look at movie spirit starting with kohlberg. The worlds biggest brewer in russia. The market has been a challenge for this company. It continues to be at what we saw today is earnings coming in just a little bit better than expected. The headline really is carlsbad cutting out 2000 jobs. Hat is 15 cutting costs to compete with more profitable rivals, e. On. Falling at 30 . Biggest net loss since 2000. A cannot say with the longterm effects are. Get straight to the breaking news. We have a confirmation. Bear lets bring ryan into the conversation. Quite a premium to go into it. Ryan it is the announcement of a packed. Buybeth making an effort to sabmiller. 44 bucks afering share. Events. Nteresting abn beth in the United States. They touch every country in the entire world. If this deal goes through if it is completed, then they would have a 30 share of the worlds bear ma
Welcome to the pulse. Im Francine Lacqua. Lets get straight out to guy johnson live from my cap headquarters with some very exclusive interviews. This is the companys ceo. Guy, over to you. Guy thank you indeed, francine. Welcome to icaps charity day. Raised 8 they million. It is a colorful affair. I feel massively underdressed. The good news is that Michael Spencer is also in his suit. Good morning to you. 8 million last year. Million pounds u. S. El 180 million dollars. Slightly is marketdependent, isnt it . Your sense for this year . Michael sounds good here. Listen, i dont control that, but our clients support us very generously. Start to the good day. Lets hope it continues. Ways, you are changing the nature of your business. You are going electronic. What is happening . Michael charity day will definitely continue. Month that weast are selling our and tile our entire global voice business. We will remain the brand name will change. Executive will move on. It is very important to
First time in almost seven years. Many forecast saying sub 60 is here to stay through 2016. A little bit of a rebound. Koppers, metals, a little bit higher, a 10th of a percent. Gold up. 1 . That to do with the Federal Reserve more than 80 probability they will hike. Those technical indicators are telling us when it comes to traders. Miner to keep an i on one , potentially some gold. One of its minds has suffered a spell of toxic residue it. This is in desperate this is being reported by the that breaking news from bloomberg sources that in the united states, dow chemical and dupont are in late stage merger talkers late stage merger talks. If is consolidation a good thing when you have a glut of temples in the market. Glut of chemicals in the market. Interesting news in terms of construction. Carillion coming up almost 5 . Why . Because things are looking pretty rosy. Jonathan thank you very much. European equities, i dont think that is a convincing bounce. We are up. 5 . You see the m
To y welcome manus welcome to countdown. Anna commodities a big theme. By some concern investors around the highyield markets in the u. S. The junkbond ecf close at a sixyear low. We talked about highyield bonds and the spread has been whitening. Widening. Now the Goldman Sachs event expressing concern. Talking about real carnage in junkbond market. Markets. They say they have the most Investment Opportunities since lehman collapsed. Manus it worries me when you have a Major International when you talk about this junkbond or these high yields, when you look at the oil industry a big portion the yields are rising to the highest level since 2009. That goes back to the conversation we had yesterday, a lot of restructuring. A lot of expense to repay the 1. 5 trillion that is the size of the u. S. Junkbond. News. Lets the first word reporter Chinese Consumer inflation Beat Estimates. Cpi November Rose 1. 5 year on year. The Producer Price index fell 5. 9 , extending declines. Meanwhile, the