Morning to our viewers in europe, good evening to those in asia and a warm welcome to those just waking up the in the United States. Im guy johnson. Im francine lacqua. This is the pulse. Live from European Headquarters in london. Moncler shares surging in the public debut, large is offering for an Italian Company since 2010. European Business Correspondent caroline hite joins us with the latest. It seems investors rushed to get hands their hands on the stocks. Surged over 40 in the open. Demand. Ng they raised about three quarters of a billion dollars but orders were put in in excess of 20 billion 20 billion euros, and that was just institutional. Retailers also want a chunk of the company. Up goes the market valuation. It now worth 3. 5 billion euros. Shares priced at the top of the range. It made a new billionaire out of chairman remo ruffini who keeps a 27. 5 stake. This time it was the private equity holders cashing in. The likes of carlyle group. It looks like they could have cat
Thanks for being with us. A court in turkey has sentenced an army chief and other officers to life in prison in prison for planning a coup years ago. Lawyers, academics, and journalists accused of trying to overthrow the turkish government. We will go live to assemble in just a moment but first, this report. Teargas, grenades, and water cannons. They moved in against the demonstrators that wanted to protest against the verdict in the trial. Ha 1 kilometer court raid. 275 defendants were sentenced to long jail penalties. The court saw him as the ringleader of the coup. Supporters called the trial and legal force. They say he he is trying to influence rivals. If youre trying someone for being a member of a terrorist organization, youre targeting in trying the army of the republic of turkey. The country sees itself as the guardian of secular turkey. Others see a state within a state with generals pulling strings beyond all democratic control. When he was elected, he pledged to limit the m
Thanks for being with us. A court in turkey has sentenced an army chief and other officers to life in prison in prison for planning a coup years ago. Lawyers, academics, and journalists accused of trying to overthrow the turkish government. We will go live to assemble in just a moment but first, this report. Teargas, grenades, and water cannons. They moved in against the demonstrators that wanted to protest against the verdict in the trial. Ha 1 kilometer court raid. 275 defendants were sentenced to long jail penalties. The court saw him as the ringleader of the coup. Supporters called the trial and legal force. They say he he is trying to influence rivals. If youre trying someone for being a member of a terrorist organization, youre targeting in trying the army of the republic of turkey. The country sees itself as the guardian of secular turkey. Others see a state within a state with generals pulling strings beyond all democratic control. When he was elected, he pledged to limit the m
This morning. I said it earlier, we were up in italy 8 . We were up in spain 4 . To italian stocks, Telecom Italia trying to bolster sales. Plus, a jump in chinese exports, but as beijing leaders gather for their policy meeting, just how strongly will they push ahead with economic reform . Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello. Weve got a full bumper show to end the week, but if that wasnt enough weve got jobs friday coming up and the impact of the Government Shutdown, as well. So on todays show, as they gather in beijing, some of the big question is whether they will agree on any Major Economic reforms. The anticipated meeting happens behind closed doors, but eunice will give us a preview at 10 15 cet. In a bid to boost finances and dial into the brazilian market, our guest says people might be overlooking the fact that there is still quite a lot of potential in italy. Thats coming up in half an hour. Plus, could shale gas
Orders and sales in italy, orders flat on the month, down. 2 on the month for sales and down nearly 5 on the year. So confirming some of the weakness that we know weve seen previously in the italian economy. Meanwhile, another gauge perhaps for the euro as we look to the strength of it lately. Thats the current counselor plus which in october was an adjusted 3. 9 billion euros, up quite a bit from the 2. 5 billion reported for september. Now that also comes after a day after the European Unions report suggesting that in fact the European Union would have to run a surplus, given its poor demographics over the next couple of years. Now lets get a quick preview of the news. For that we head to patricia, awaiting the results. What do we expect to see . Reporter were expecting the second consecutive month to the upside for the Business Sentiment next year in germany. November was a surprise after six months to the downside. We expect december to book in a little increase again, but importan