Could the feds meeting be a catalyst for gains . Wrote erode. Dont miss our conversation with the ceo of automaker psa group. We saw gains on the s p 500. The benchmark erasing last weeks drop. The rebound in tech stocks overshadowing a slide in banks. Futures on the front foot today. Postinguropean futures gains after we saw europes benchmark close in the red yesterday. Pretty much flat right now. The 10 year yield back above. The dollar at a 22 month low. Gold futures touching 2000. If you look at the spot price we are trading at 1009 hundred 45 an ounce, edging up 0. 2 . Havee republicans presented a rescue plan to bolster the u. S. Economy. Before that, breaking headlines. 300 millionabout euros as an impairment in the secondquarter results. That is the headline just crossing from ing. We will bring more details as we get them. It is booking a 300 million euro as an impairment in secondquarter results. We have a line coming through from delivery hero, raising its guidance after gro
At the same time, we generated more capital through earnings. Thats why are ratio is 12. 5 . Talk to me about the merging of the two units. What is the reasoning behind that . The Investment Bank merger is something weve been discussing for months. Even my predecessor, it was already a topic. 2015, clearlyn the two had to be separated. We had to restructure the trading business. Are at a stage or we can put them back together again. Most of our competitors have it anyway. This is not a cost exercise. There will be some cost benefits. Its really about having one overriding business to have one Investment Bank globally, one equities business. A Global Trading solution business, which build on our success. It serves our equity, fixed income, transactional business for the private bank and institutional business. How difficult was it to do this in the middle of the pandemic . Thomas it was relatively good. You get used to resume calls. Zoom calls. We had many internal calls to get this lin
And the drive to attract tourists back to one of the worlds most visited cities but there are of course safety concerns. So then china is planning to push through National Security laws on hong kong following months of mass protests against the Central Government the draw floor is expected to be a rubber stamp to chinas biggest political gathering in beijing activists fear it could be used to limit its Political Freedoms as katrina you know reports 2. On the eve of Chinas National Peoples Congress the announcement of the National Security law which criminalizes secession foreign interference and a subversion of state power in hong kong. Could be shins entry hong kong as an inseparable part of the. Peoples republic of china the m. P. C. Is the highest organ of state power in light of new circumstances and need the n. P. C. Is exercising the power in trying to in the constitution to establish and improve at the state level a Legal Framework and enforcement mechanism for safeguarding Nati
to the emergency takeover of the swiss bank credit suisse, but are the fears now easing. turning powder into bear. a german brewery comes up with a new product that could change the whole alcohol market and be good for the planet. president xi of china is on a state visit to russia where he s been warmly greeted by president putin. the summit has been the focus of a good deal of speculation following the publication of china s plan to settle the acute crisis in ukraine . mr putin said that moscow was always open to negotiation. but the americans have already warned that the chinese peace plan could be a just a delaying tactic. the visit comes just days after the international criminal court issued an arrest warrant for president putin in relation to alleged war crimes. from moscow, our russia editor steve rosenberg reports. just three days ago, vladimir putin was named as a war crime suspect by the international criminal court, but that didn t stop china s president from f
marching against the government s planned pension reform, as demonstrations grow across the country. global financial markets react nervously to the emergency takeover of the swiss bank credit suisse but are the fears now easing. and turning powder into beer. a german brewery comes up with a new product that could change the entire alcohol market and be good for the planet. welcome to our viewers on pbs in america and around the globe. president xi of china is on a state visit to russia where he s been warmly greeted by president putin. the summit has been the focus of a good deal of speculation, following the publication of china s plan to settle the acute crisis in ukraine . mr putin said that moscow was always open to negotiation. but the americans have already warned that the chinese peace plan could be a just a delaying tactic. the visit comes just days after the international criminal court issued an arrest warrant for president putin in relation to alleged war cri