It is. We will be talking to Carmen Reinhart about it at 8 45. Stephanie greece has had deadlines before. European leaders gave a greek Prime Minister Alexis Tsipras, until midnight tonight. They want more spending cuts before agreeing to a bailout. Greece will not get special treatment. We remain fully engaged in order to help find the solution that will be most conducive to our mission, to try to help with restoring stability, growth. Stephanie wieters can decide how to respond to the greek proposal. Greece has extended capital controls through monday. In china, stocks bounced back after losing more than one third of their value in one month. The best marked shanghai composite index rose 5. 8 . Steve engle has the story from shanghai. Steve confidence and liquidity returned thursday as stocks rose the most since 2009 on a trifecta of announcements from authorities, including on the curates regulator, banning major shareholders from selling for at least six months. The banking regulat
8 million merger as the controversial deal sees them extend control in the largest smartphone maker. Shares of google up 10 in after hours trade. Hello everyone. Seema and wilf are on vacation. A very exciting show for you. This is germanys parliament set to vote on the new bailout deal with greece. That will follow about three hours of debate getting underway now but its widely expected theyll sign off on the greek bailout measures and then we can start the talk on the bailout package. Now this comes as imf chief Christine Lagarde warned about the sustainability of french debt. She wanted to see a full program implemented that includes financial reform. However she reiterated that some level of debt restructuring would be necessary to ease the burden on greece. Lagarde added she expects greek banks to open as planned on monday. Cash withdrawal limits at 60 euros a day but greeces deputy finance minister says that will decrease as the week progresses. This is after mario draghi announc
Trump to not reappoint the fed chair. They are expected to meet today. Anna a warm welcome. Im anna edwards. Outlook 2017he sales, thirdonth quarter cells coming in at 13. 1 billion, roger with the 1. 4 billion the analysts had penciled in. The real question going into the numbers as to what extent can be success in newer multiple sclerosis meds offset cancer drugs . They are relying on new drugs to drive growth as the biggest medicines that have been treating cancer. We got diagnostic sales and other areas of the business being broken out here. Said it wouldy show a rise by midsingledigit percentages. Manus thats good to sap and their numbers. Revenue diet from sap, will be 23 point 4 billion to three 23. 8 billion. Lowerentally a little bit , 23 point or23. 8, the original guidance was 23 and three. New guidance for them. Sales outlook, strong business software, and what theyre trying to do is be focus come getting customers to focus come getting customers to of eight their sap. They
Behavior by President Trump is the reason behind this decision. The white house was quick to respond. The president is focused as he went to the hill and met with republican senators to talk about tax reform that pushes legislative agendas of others that these individuals they are speaking and pretty loud volumes i think that they were not likely to be reelected and i think it shows that the support is more behind the president and it is the two individuals. Maria decisions come as the gop pushes for tax reform. The commanderinchief of made a decision on capitol hill yesterday to rally the party to get this done. Speaker of the house paul ryan also waited insisting intentions would not hurt the effort. And im hooked on wall street among the top names today. Going in cocacola today. We will bring you the analysis of numbers and tell you how they impact markets. Markets are flat right now. Features indicating a flat opening or dow industrials down for point. As you see there in europe, t
From bloomberg asia. This is Bloomberg Markets. Asia market extending, u. S. , rashaad oil continuing its best winning streak of the year. China and russia say they are getting on famously and the u. S. Is warned about new negativity. Fits,d if the face use facial recognition to unlock the new iphone. Happened, it left a , a mood oflanned about a billion dollars traded, china Corporate Bonds and government Corporate Bonds. What has been happening in the last few years when it comes to the bond market, it seems to have been grinding to a halt in terms of that growth. This will hopefully get this a buit of a fill up. We may see that spread between china tenure Government Debt and 10 year treasuries, perhaps that narrowing. Is this something to watch out for . Haidi the key is really patience here. Give it a couple of months over the next year or so to heat up because ht we are about 30 minutes away from the open of china and hong kong. Sentiment is starting to pick up globally. That is g