Im Francine Lacqua in london. These are your markets. 0. 4 . An markets down a lot of the market put a position that the economy and a lot of the earnings would go through the coronavirus. Not so after the apple news yesterday. There is more concern about the deadly coronavirus trade looking at treasuries, they are rising. Americans reopening after a holiday. Yesterday was president s day. Jumping as much as 24 after unsuccessful bid for the small arrival. This may be the kickoff of banking consolidation in italy and then further into europe. Coming up on bloomberg surveillance, our exclusive conversation with the hsbc Financial Officer on the banks job cuts. First word news. Viviana hsbc is set to slash 80 of its workforce. The lender taking more than 7 billion of charges and suspending buybacks as part of a restructuring plan. Plans to exit some businesses and cut costs. Hsbc still hunting for a permanent chief executive. We also spoke to the lender cfo about the coronavirus outbreak
Appreciate it. Please. Jay and i go back many, many years. Thank you so much, j. I also just want to say what an honor it is to follow my dear friend, our Vice President mike pence. Isnt he doing a great job . [applause] together we are working on a bold agenda for the country, regulatory reform, health care reform, tax reform, rebuilding a military. After years of talking about these problems, we are finally doing something about them. But i do not viewed as a sort of a simple checklist for government or just turning the page in the policies of the recent past. This is much deeper than that. Its much bigger than that. It goes back to something i talk about right when i became speaker. Its something that is as relevant today as ever. It is about building a confident america, an america where people are confident that they can get a job that pays well in an economy that is growing. An america where people are confident that their children will grow up with a Real Security and opportunit
Taking control of the oil of the middle east. 100 of european oil came from the middle east. We wanted to make a shirt we had friendly arab regimes that were, if not aligned with the United States, at least keeping the soviet union out. Sunday night at 8 00 eastern on cspans q a. Next week the u. S. Senate will decide whether to confirm Appeals Court judge neil gorsuch to replace Antonin Scalia on the supreme court. The Judiciary Committee will vote on his nomination monday. If the Committee Votes in favor gorsuch, the mobile move to the full senate. Majority leader Mitch Mcconnell says he plans to hold the final photo week from today. Live coverage of the u. S. Senate is on cspan2. Met with trump manufacturing executives this morning and talked about 2 executive orders he plans to sign that would identify trade abuses by other countries and step up collection of fees levied against foreign governments that subsidize products that can be sold at a low cost next on cspan, President Trum