Companies will meet today to thrash out a rail deal nestle says it will speed up share buybacks and pursue external Growth Opportunities as the Swiss Company pledges to improve margins and cut costs. Good morning, everyone its tuesday glad youre with us once again we have another jam packed show. Lets kick things off with a look at the equity markets youre onehour into the trading session. Were fairly even steven at this point. The latest escalation in the war of words between north korea and the u. S. Is not helping. We are largely brushing that off. Stoxx 600 is close to session highs. Safe havens are seeing inflows are gold, the yen and the swiss. Markets one by one, the xetra dax is just clinging on to the flat line, off by 5 points ftse 100 off by 0. 2. Cac 40 up by 0. 1 . When it comes to sectors, a couple interesting things to tell you about oil is not doing too badly up 0. 3 this as brent is moving closer to the 60 a barrel mark. Tech seeing underperformance. You have it down b
Made for minds. To seventeen beethoven says. To october first. At. The french president paints a sweeping vision of europe he wants Member States to share more or less depends if they do campbell. Another politically tricky project a new european rail champion in the works across the border merger worth billions and what do dying bees in romania have to do with europes mass recovery they want us to go. To school and lets do business. Cause europe speech has drawn mixed reaction from germany the french president says the eurozone needs a joint budget and harmonize taxes to stay globally relevant he argues that would also reduce inequalities across the block but one has laid out his proposals for european reform just as the german political elite attempts the daunting and drawn out task of building a Coalition Government hes hoping his ideas will have more influence that way one of the potential coalition linchpins other pro business free democrats theyve rejected macaws call to create a
Bribery case and. All that glitters is not gold the democratic republic of congos illicit mining business. Im daniel winter and this is your Business Update a man i want well microns a europe speech on tuesday has drawn mixed reaction from germany the french president says the eurozone needs a joint budget and harmonized taxes to stay globally relevant he argues that would also reduce inequalities across the block but he might not find the support he needs in germany one party in Coalition Talks here a skeptical of microns plants and f. T. P. Officials says the problem in europe is not a lack of public funds but the lack of reform. And speaking of french german ties zeman says confirm the deal to join forces with Frances Alstom to make a huge european trained builder the government there is privately encouraging the deal which analysts say is a change of tact the focus is now no longer on protecting French Business but about creating a european powerhouse after all the competition from
Been sentenced to five years in prison shes fled into exile. And how the push to defeat the hottest is taking a heavy toll on the people of somalia will have an exclusive report. Plus a long and winding road towards forming a new government germanys general election last weekend means chancellor merkel has been swayed to other parties to join her conservatives now that could take months. Im brian thomas welcome to the show saudi arabia says it will begin allowing women to drive now it is a big leap for the old truck conservative nation the only one to bar women from getting behind the wheel a royal decree announced on state t. V. Says the ban would be lifted in june now in the meantime a committee will be formed to work out how to implement that royal decree. The streets of saudi arabia have long been a battleground on one hand women wanting to drive on the other the religious conservatives who have called them too stupid their mobility a threat to society now it is the women who have
Happens next also coming up a bit more freedom for women in saudi arabia the ultra conservative kingdom is finally going to let women drive activists have been fighting for that right for years. How the push to defeat just how this is taking a heavy toll on the people of somalia we have an exclusive report. Plus the long and winding road toward forming a government germanys general election last weekend means chancellor merkel has to persuade two other parties to join her conservatives could take months. Hello im terry martin good to have you with us Thailands Supreme Court has sentenced for Prime Minister Yingluck Shinawatra to five years in jail she was found guilty of failing to stop corruption in a government rice subsidies scheme shinawatra was not present when the sentence was read out she fled the country in august when the verdict was originally due. Well for more on this story lets bring in our correspondent florian knows shes standing by for us in bangkok florian first of all