Pelosi shifting the deadline to tuesday. After gdp misses, Industrial Production and retail sales accelerate. And a pair of losses on a bloomberg exclusive as the u. K. Could rewrite its lawbreaking brexit bill, a move that would revive talks with the eu. It comes after a downgrade from moodys. Its a barnstorming beat for phillips. 6 00 a. M. In london, 7 00 a. M. In amsterdam. The adjusted ebitda is up. Free cash flow will be above 2 billion by 2025 is the guidance. Phillips targets accelerated growth and higher profitability. September where they cut their guidance because the u. S. Slashed the ventilator contract by 650 million. This is going to be something which bolsters it. They are targeting comparable sales growth of 5. 6 . We will put those questions to the ceo, who joins us in just under 28 minutes. Management. Et nnmarie the standout is the new money inflows. They say considerably they have risen in the Third Quarter. Under management are up 3 . We know the ceo has been tryi
Coronavirus vaccine trial. There are three weeks until the u. S. Election. President trump returns to the campaign trail in florida. President trump now, they say im a mean. I feel so powerful im immune. I feel so powerful. I will kiss everyone. I will kiss the guys and the beautiful women on the everybody and everybody. I was just will just give you a big, fat kiss. Good morning. Manus cranny is off on holiday. Its not even winter and england is introducing lockdown measures, including closing pubs. As the rest of europe, the United States deal with the resurgence of cases, wall street closed higher, with the nasdaq having its best athans april. All of this has me wondering its best day since april. All of this has me wondering, are Financial Markets diverging from reality . Johnson and johnson halting its Covid Vaccine study. S p 500 futures under a little bit of pressure. Msci asia relatively flat. The hang seng index has not traded at alternate due to a typhoon at all today due to
Small businesses. The airlines in dire situation. United and american saying they have to cut jobs, tens of thousands of them, as borders remain pretty much locked down. Yvonne you are seeing the president trying to do at least some damage control after he talked to negotiators to pull out of talks for a stimulus. Perhaps we are seeing some targeted measures. You have seen the market impact. The nasdaq and futures reversing the losses we were gaining. U. S. Futures are up. We will see if this bodes well for the rest of asia. If you look at the rest of the asia region, it looks like risk assets are looking less entire than the wall street session. We are seeing a bid for aussie against the japanese currency. When it comes to u. S. 10 year yield, we are holding steady, but the move up in yields on the announcement from trump. Stocks have been lower. Jakarta life coming back online. We are heading lower in jakarta. Hangseng up about 163 points. A touch higher for some markets. The rbi is
Are attempting to interfere with the president ial election. They say there was no hacking involved. 12 days until the vote. Spain is the first nation in western europe with one million virus cases. It comes as u. S. Hospitalization rates reach a two month high. Stimulus, the wrangling continues as the white house says the goal is to reach a deal in 48 hours. The pound surges the most in six months as the u. K. And European Union will resume talks over a postbrexit trade deal, just a week after Boris Johnson walked away. Negotiators arrive in london today. Its just gone 6 00 in london. It is 1 00 in washington where procrastination and politics play out. Some read headlines which we have to do first. To germany. We have breaking news there. Germanys daily coronavirus hits a record. Thats 12,330. A quick top line. A blistering beat. 2. 9 9 billion dollars. 2. 75 billion dollars. 36 margin, larger than expected. What sets the agenda for you this morning . Annmarie quickly going back to g
A stimulus before the election. Nancy pelosi says the white houses offer remains short. Plus, a brexit roundabout. Boris johnson seems willing to overlook the deadline. The finance minister tells bloomberg that a deal could happen at the last moment. A very good morning to you. Manus cranny is off this morning. If you are just waking up, europe is waking up to intensifying efforts to control the coronavirus. President macron announced in 9 00 p. M. Curfew. London could face tighter restrictions tomorrow. And chancellor merkel to germany that the next days and weeks are decisive. Germanys new coronavirus cases rose to a record of 7173. Adding to all of this doom and gloom, in the backdrop, we have yet to strike a deal on fiscal stimulus or brexit. Lets look at where we trade this thursday morning in the markets. We are riskoff. Lockdown measures across the continent coming back into focus. It looks likely we will not have a stimulus deal out of the United States before the u. S. Electio