busy news day. hi everyone. i m jessica dean and this morning new details surrounding the indictment of former president donald trump, the first former u. s president to face an indictment on criminal charges cnn has learned. trump is expected to appear in a manhattan court tuesday. sources say. that s when he said to be arraigned. this is quite a day. quite a moment in u. s political history. donald trump, former president and current candidate for president in 2024. is facing. we re told more than 30 counts related specifically to business fraud. if convicted, trump could be sentenced to a maximum of four years in prison, though no legal experts believe that s likely all of this connected to his alleged role in a hush money payments scheme and cover up involving the adult film star stormy daniels overnight, his attorney, joe tacopina, says the former president is quote ready to fight. we re on this notable day our reporters, correspondents and guests all standing by to b
Perkins. Christine lagarde is under investigation for negligence in france when she was the french finance minister. Many around the world are astonished by that latest adult development. The s p will kick off today at a new high but that is just a part of the story. Rallies in brazil and japan helped push the value of Global Equities to its own record, 66 trillion sloshing around the global market. Trillionmore than 2 in value since august 7. The markets correspondent scarlet fu has more. 1000e index first reached in 1998. It took 16 years. It was last below 1000 has recently as september, 2009. From that point of view, it has taken almost five years to go from 1000 back to 2000 and now it has closed above it. I was looking at the movers and you have cyclical groups leading nine from 2009 until until now. After stocks are up 125 percent. Industrials gaining 120 . These are Industry Groups that have doubled in value since that period. I was speaking with liz and sanders she says the si
Bloombergs European Headquarters in london. Breaking news from the iea, the International Energy agency. The report is out and the iea says opecs supply they see opecs supply jumping the most in four years on saudi surges or beget we had a story saying iran is the latest country to jump on the bandwagon, asking for opec production to the cut. Nymex at 54 brent 59. Chinas economy is in the spotlight with all Global Economic indicators pointing to a deepening slowdown. Stocks are headed for their biggest drop in weeks. Bloombergs chief asia economist joins us now from beijing. Tom orlik. Gdp came in target on 7 . The data actually disappointed. What should we read into all this . Tom i think that is right, francine. There was some good news. The premier said he wanted 7 growth for the year. In the first quarter, he got it. Gdp coming in at 7 . There was also bad news. A lot of the monthly data was disappointing, in particular industrial output which is the main monthly measure of growth.
That, we have new events and new products being unfolded by nokia. In just a moment, i will sit ceo. And talk to the ono we will talk particularly about a andkes of mna m growth in spain. More than 4000 chief executives are gathered in barcelona for one of the biggest mobile industry events of the year. Consolidation has been a major theme of the Telecom Sector this past year. Caroline hyde is standing by with the chief executive of one of the Largest Companies to resist a takeover so far. By onos chief executive, spanish company, making its way into mobile as well. Thank you for joining us this morning. Talk to me about the growth that you are seeing, not only in customers, but internet and mobile as well. Yes. Our strategy is to have profitable growth. The growth part is very important. We just reported our last Quarter Results and we showed customers, but also big growth on mobile. 600,000 lineshan of mobile. Right now, growth means growing in broadband, television. Todo you have an
Economic sanctions look unlikely. They are saying the issue is not just a lack of consensus. So far, the only consensus has been avoiding the topic altogether. Thank you. We will have more throughout the day. We are watching retailers. 2013 as a great year. The chairman is saying that there is an increase in profit now. It is a 130yearold rival. Say that this recovery is it no way certain. Investors have been betting big, though. Is going up 1. 2 . They had a fantastic 2013. We are getting some news. We think it is breaking news. We have more complete news. Australia is now sending surveillance claims to see if objects in the ocean along to a missing passenger jet. We will keep on top of that news and the press conference in 1. 5 hours. We have a lot of components. We have Corporate News and janet yellen. We have a stress test today. What else are we watching. The focus is on the Federal Reserve. There are surprises. Lets see how it is impacting europe overnight. You see the nikkei goi