A high ranking officers of the nazi regime mourned jointed by the allied forces. They were the 1st war criminals to be held accountable for their crimes. Our 2 part series the 3rd reich in the dark starts nov 12th on d w. 4 a rough touched out in an industry body warns that almost 200. 00 european airports are in danger of going bankrupt in the coming months as de coronavirus pandemic keeps battering the aviation sector also coming up with negotiations over a trade deal between britain and the European Union stalled Fruit Farmers in belgium are asking themselves what sort of ugly dense a no deal breaks it might leave. Program we start with fresh figures from germanys largest Financial Institution large bank has a 309000000 euro profit in the 3rd quarter of the year its sorely needed good news for the bank which had a disastrous year of 1000000000 euro losses in 29000 analysts warn the current news may be short lived though as the ongoing pandemic could reduce business but will need to
Regionally, as we saw a setback moments ago from Johnson Johnson. They are pausing the study here on their vaccine after one of their patients fell ill. We did of course look at, when it comes to the china 10 year, we are expecting a big dollar bond sale as well, and details as soon as wednesday. Still Holding Around the 670 level at the moment. Lets look at the rest of the market as we count down to those numbers out of china. Ratentioned in indonesia decision later today, jakarta coming online just slightly higher. Because ofpressure vaccine setbacks, and india as well, we could see a lower open in mumbai. A big power outage yesterday impacted volumes. We also saw inflation surge in september. We are watching fx as well, the dollar pretty steady and the rest of asia affects fx lower after we saw weakness in the chinese currency as well, the pboc made it cheaper to short the renminbi. We are watching the china and aussie tensions ramp up again. We see brent crude and new york crude, p
Facebook surges as advertising revenue holds up amid the pandemic. Socgen. Hear from later, shell ceo. Dont miss it. Manus good morning to you. 1. 7 3 billion people on facebook during covid19. Socgen doing more than being on facebook. It loses 326 Million Euros in the First Quarter. The Global Banking division, revenue down. Down by 27 . The revenue at the bank is down by 16 . You have a net loss in terms of guidance, expressing their guidance for the cost of risk in basis points. They are saying 70 basis points in 2020. The underlying return on equity is a negative number, 0. 5 . Loss revenues dropped by 16 . Global banking revenues crumbled by 27 . Those are the top lines. We talked we talked to the Societe Generale ceo. We the nejra virus clouding the future for the chemicals company. What we are getting right now is First Quarter adjusted even at 1. 6 4 billion euros. Thats more than we have got there. We have the withdrawals of the outlook for the 2020 business year. That already
The cash trade is an hour away. Lets get your top headlines for you off of the bloomberg terminal. Operation work speed. President is organizing a Manhattan Project file effort to fasttrack a coronavirus machine. Big pharma will work with washington and the military to develop it by years end. Lasting damage. Jerome powell voices concerns about the longterm fallout from the outbreak. Attention turns today to Christine Lagarde as economists expect the eurozone economy to pump the most since the Second World War. Grenada cuts. Norway joins opec in slashing oil output. We will see shortly what the ceo , after exxon mobil throws its dividend for the first time in 13 years. Just under an hour away now from the start of cash equity trading across europe. Lets take a look at futures here. We have gains on the euro stock. In bluechip benchmark index europe of almost 1 . Dax futures are up more than 1 this morning as ftse futures rise about three quarters of 1 . Anna . 6 anna lets talk about br
A Public Service and gives us his take on what lies in store for the banking goliath and how the sector has performed in recent times then as one bank has left another has their j. P. Morgan and you part profit we take a look at the best in the final quarter of 2900 and what does it mean for the forecasts of the u. S. Economy Going Forward without a mess of the out of messing with it so many stories so little time so lets go and dive right at. The head of the anticipate assigning a phase one the u. S. Treasury has decided to remove chinas designation as a currency manipulator never mind the fact that china should have never even been labeled that in the 1st place according to the im up Commodity Traders and analysts are now doubting these insane amount that china is committing to buy from the us under phase one of the trade deal china will pledge to buy over 50000000000. 00 more in us energy and increase ag purchases by 32000000000 over 2 years which is above the 24000000000 baseline t