Teleconference releasing results of the Fourth Quarter ceo outlook survey. Finally today, the International Olympic committee will meet in switzerland to decide on russias per dissipation in the 2018 games and south korea. Their decision is expected at 1 30 p. M. Alix that will be interesting. David there is a drug thing going on. Alix i would like to be a fly on that wall. Top stories this morning with first take, Deutsche Bank, tax reform and brexit. Joining us is the editor in chief of Bloomberg News and our chief content officer. Marty, what is Robert Mueller trying to ascertain with a subpoena . We do not at the question of the relationship between Donald Trumps businesses and Deutsche Bank has been subject of inquiry ever since he became a president ial candidate. Totsche bank has refused comment on the relationship, but now he has turned over documents to Robert Mueller and the thought is it is the relationship between donald trump and russia and whether those loans had any conn
Passes a short term funding bill bitcoin is cratering this morning and its the final session before a threeday weekend. Look for news dumps, europe is mixed and durable and consumer income a slight miss more data come in an an hour bitcoin down for first week since 2013 as Goldman Sachs throws its hat into the crypto ring. Shutdown avoided in washington for now waiting for President Trump and go live to d. C. For the latest. Eric schmit stepping down for his role as executive chairman at alphabet. What that means for the company. Bitcoin is the lead today extending this weeks bearish run hitting a record high on sunday the crypto currency tumbled sharply in asia and wiping out a fourth of the market value in a 24hour span 12. 5 is the price people are looking at for the week youre looking at 30 drawdown as our friend josh brown stepped in. Doesnt get you back to thanksgiving it was about 8,000 when it really started to lift off in late november, early december. Should have had so many
About, why dont you try and write it down . Hello and welcome to our look ahead to what the papers will be bringing us tomorrow. With me are henry mance, Political Correspondent at the Financial Times and Deborah Haynes, defence editor at the times. Will be take you through some of the papers at the moment. First, a quick summary. The times leads on an interview with a Government Security minister about plans to tax internet giants if they dont help combat terrorism. On a lighter note, theres also a colourful picture of eddie the eagle and fans some of the stuntmans tricks will be shown during londons new years day parade. The observer takes a closer look at the fallout from lord adonis resignation and the labour peers call for Chris Grayling to resign. The mail on sunday reports on plans for so called unpaid Border Guards at ports and airports it also shows rod stewart modelling an interesting choice of knitwear when he turned up to support his beloved celtic earlier this evening. The
Us the upcoming meeting between qualcomm and broadcom and a lot more lets give you a quick look at the futures at this moment we are set up of a higher open, this is has not been a great tale for the rest of the day given the volatility that we saw last week. We did end the week on an up note have not put the two backtoback there is germany though and the rest of europe like we are really, really weak. Come on, everybody is down the same amount, it just does not make a lot of sense. Tlhere is a shared concern 2. 86 calmer than they were at 3 00 a. M thats important. We can see wti is having a little bounce as well. We start with the course markets that bounced back after the worst week of stocks ins southeaster since 2016 you know what jim says about the futures. Plus, the white house is rolling out its budget and a new 200 billion infrastructure. Key question, how are they going to pay all of that broadcom continuing acquiring qualcomm it would be the largest deal of technology of all
Face lets meet some of those pioneers today welcome to made in germany and starting in italy which is holding a general election this sunday investors will keep a close eye on the outcome at the moment the Italian Economy is strengthening albeit less than its european neighbors unemployment has fallen slightly to ten point eight percent and the percentage of nonperforming loans is also down but twelve point two percent is still some three hundred billion euros a huge burden for italys banks and that reflects on italys business scene where its hard to raise capital still some startup pioneer is a managing to prosper like two entrepreneurs we met in milan. So now im entering the store to espouse it all develops b. To be Virtual Reality Simulation Software for retailers such as Companies Based in milan in italy a country he says is not up to speed in all respects you know immediately when youre talking about food fashion and design is ok when youre talking about technology. Is different i