600 gaining. A lot of the focus is on earnings and the economic backdrop. 1134. Ollar 1 it has fluctuated but is very arrangedbound. Rangebound. Coming up, the World Economic forum in davos. We bring you all the biggest names in banking. Lets get straight to first word news in new york city. We begin with the new york senate approving Donald Trumps new freetrade agreement with mexico and canada. It handles the president and a major win ahead of impeachment. The overhaul of the agreement was a priority for mr. Trump. Mitch mcconnell called vote a rare moment of bipartisan cooperation. The white house broke the law in withholding aid the ukraine. Accordingting to an independent watchdog, saying the president should not have delayed money. This is a key part of the impeachment case against President Trump. , quoteg with them obsessed with the u. S. Trade deficit. This is according to bill hogan, saying americafirst policies are bringing about a priceless moment for global trade. This came
Im on the edge of glory. And im hanging on a moment of truth. Im on the edge of glory. And im hanging on a moment with you. Ill on the edge. The edge. Lauren happy friday. Welcome to fbn a. M. Im lauren simonetti. Tracee im tracee carrasco, in for cheryl casone. Lauren it feels like a tri. Tracee . Tracee a friday. Tracee . Lauren we have all three major averages up significantly, a quarter percent a across the board, ill all three major averages did close at record highs yesterday and are up at least one andahalf percent on the week. Tracee lets take a look at how things are moving in asia right now. Asian shares rising as data did come out showing that chinas economy grew as expected, that was 6. 1 . Lauren and investors in europe responding to two major trade deals with china and mexico and canada yesterday, so green on the board here. The big outperformer is the cac in france, up 1 today. We start with a fox business alert and that is just moments ago irans Supreme Leader praising
A new study says women are worth billions of hours each day the free t. W. Is in india for a look at what stops women there from getting paid just. Hello im terry Martin Thanks for joining us a push towards peace in libya World Leaders gathered in berlin over the weekend for a peace conference they agreed to stop interfering in libya and respect to u. N. Weapons and bargo but after 9 years of war the rival factions on the ground in libya are still refusing to meet face to face. Is a mighty gathered in berlin on a sunday afternoon world powers united in a mission of hope german chancellor Angela Merkel invited representatives of more than 10 countries to press for a solution to the long running conflict in libya. And it was only a few hours before the end of breakthrough no more arms shipments to the war torn country. We can confirm that we have all agreed to respect the arms embargo and will also money toit more closely enough in the stack of continue to hold this in the forgotten that
Estate market in the world sees its value slide a bit well take you to hong kong for the latest. This is your Business Report im Stephen Beers in berlin thanks for joining us. Ratatouille donald trump both are scheduled to attend the annual World Economic Forum Meetings in davos switzerland which are getting underway monday a sustainability and Climate Change are the main topics of the meeting activists like to embed are putting more pressure on governments and Business Leaders to do more in stopping Climate Change the form is introducing a scorecard this year to Rate Companies on how sustainably they act. Now ahead of davos American Money Management for black rock has grabbed a great deal of the attention of the finance world its c. E. O. Larry fisk announcing that the company would quote exit investments presenting a high sustainability related risk in quote for a start to festing hundreds of millions of dollars from coaling to businesses and that could be a big deal black rock is th
Investment announced at the france summit as Emmanuel Macron tops execs atop wider tensions. And Chinas Foreign Ministry calls for canada to correct its mistake and free huawei cfo as the trial starts today. Looks like a relatively positive start last week to the european trading session has not been reflected today. The european stock, 600 currently down around a quarter of a percent so far. If we look at the individual markets behind that number, you can see how thats happening it looks like here in london, look at the ftse 100, theres been an interesting negative start to the day, reflecting what you see around europe, quarter of a percent lower the c a. C down a third of the percent. The ftse mib down. If we look onto individual stories, though, that have been driving some action in the market, oil prices surged their highest after a military blockade in libya shut down the countrys two largest production facilities forces closed a key pipeline as rival factions continue to fight f