A little more epic than it is now. There is plenty else going on. The outflow has continued, everyone else is can trying to reenact react. Laws the vietnam vietnamese, you see big things like that, you know things are happening. These are the two things for today. You have china going on, and he said and the fed. They are two big weights. Ways, they said is looking to move policy, and so are the chinese. People feeling that any stimulus would signify a worsening in the economy. The good news is we get Federal Reserve minutes. How much where they worried about chinese stocks then . We did not know how they were responding to the evaluation the valuation. Guy we have a great show. We will be talking about greece. One vote in the netherlands and another in germany, we will run you through those. Lets continue the conversation surrounding the asian market with juliet. Juliet good morning. Ride on the shanghai market. It is down by 2. 9 . Worth lossesn earlier in the session when it looks l
Also coming up, cathe pacific is hit by lawsuits. We speak to the chief executive ivan chu at 10 30 a. M. We are getting news from the Norwegian Wealth Fund following it decline. This is the biggest Sovereign Wealth Fund in the world. It has invested a lot in oil. It has tried to focus more on real estate. Falling 0. 9 . I think that is in terms of revenue. Manus cranny will have an interview, the only exclusive interview for International Media with the ceo of norgas bank later on. That will come to you on the pulse. The German Parliament is right now debating whether to approve the greek rescue package. Hans nicholsrlin has been following the developments closely. We spoke to a key Angela Merkel advisor. He was pretty confident this is the boat will not only go through but will go through with a very large majority. Our next guest says the greek house is burning. Microhe head of rbs credit in research. Thank you for coming in. Maybe a brigade is little bit too late, but in the last 2
A beat for sap. The Software Maker tops analyst estimates. We speak to ceo bill mcdermott. We are less than a half an hour until the european open. Lets have a check on how futures are performing. It looks like a day of green, a day of gains. Click on the futures button on weei. The ftse 100, slightly underperforming. This could be related to the minors, bhp billiton showing less production than expected. The minors. R we are getting some big beats when it comes to the earnings season. Goldman sachs, microsoft among them. The s p 500 has been in terms of profit. Guy guy looking forward to carrying on the conversation surrounding the earnings story. We will have more on that with bill mcdermott. 0. 3 on unchanged, the german 10year. Dollaryen, keep an eye on that one. An interesting survey talking about the fact that we could see a fall of 5 . His will be interesting to see as we work our way forward on that one. Lets get you up on what you need to know. Heres our first word news with j
Our reporting, apparently the team at sab miller is set to order a halt to integration with ab inbev. According to reporting by Thomas Buckley, sab miller management has asked employees to stop work on integrating its operation. this is according to people familiar with the matter. The cash portion of its offer for sab miller, but there were investors not content with the level of that offer. You can see anheuserbusch shares falling off as these headlines across. Sab miller had already closed in London Trading when the story came out. It is not as heavily traded that is the disclaimer here. We also sought reaction in multiple cores. That is the Company Expected to get the remaining portion of its joint venture with sab miller and United States if this deal goes through. We saw those shares falling off as well. We will bring you any develop its that we have, but it would obviously be a big deal at this deal did not go through. What about the Broader Market . Seems as stocks were shruggi
70 . We have that exclusive interview. Vonnie lets go to the market desk where julie hyman has the latest. Julie i will start with valium. In plunge that we are seeing shares down 34 . The company cut its forecast. We talked about the future where the company moved remarkably. Then, on the paul, a slide was put up. The company said today that it is going to focus more on the financial reporting, the transparency, and a typo happened. If you look at the bloomberg, you can see trading over the premarket and regular session. It is falling and then sharply falling again when we got the news that there was the revision. Something else we have been mentioning quite frequently. In the Shareholders Company are moving. A lot of these people have been moving a lot of money because of the stock. Thats 30 drop, that is the biggest drop in record. Vonnie we will keep an eye on that. What about stocks, broadly . Steep. They are not as we have declines. The bank of japan is not making any moves on th