Readiness. Ignals a we will be speaking to the ceos mobil, and fedex, right here. Manus we are live in abu dhabi. That does not stop us from bringing you breaking news. 14. 85 is the thirdquarter revenue. About jobese stories cuts. Estimates flipped. There is just that little bit of a drop. Going through a monster transformation. Net income, 1. 2 6 billion. June, they said the prophet for this year would drop. 3. 2 billion. They are confirming their earnings target for 2018, and through 22020. There are bright headlines. Eadlines. D h i dont we have a number to get through. Friedman is to leave. Ofre has been a great deal change in regards to one of their hedge funds. Alexander friedman is to leave the company. Have more on this story throughout the show. A new ceo at gam. David jacoob. David jacob. You have more . Lets have a look at what is happening with the asian trade. The u. S. Midterms are very much in focus. We have seen the regional benchmark index slightly higher across asia.
you re welcome to the pulse live in london. our top story. china s second-quarter gdp beat estimates. rising 7% from a year earlier . 7%, a, i m always a skeptic. coming in bang in line with what they wanted to achieve. what are these numbers? andy: you are right to be skeptic. it is a bit like last year. we had a slow start to the year. and a slow first couple months, but now it has picked up again. exports being better. consumers are back into the game. house prices recovered. it was enough to get gdp up to that 7% figure. i ll gveive your one anecdote. cinema sales boomed, which gives an indication that the high street is actually spending a bit. manus: a take away from that is buy popcorn. does it mean where in for a better second half? these numbers are better than the market hoped for. it depends on whether there is more rate cuts and more support given by this administration. enda: it does. one wild card we have is the stock market. we know the story about the huge g
how much does it show china s concern about the economy? how much will a hurt companies selling the to china? the yuan not getting u.s. much bang getting eu as much for your buck. out of greece, a deal is done. greek minister. we want at devil and the detail. it moved a bit. the euro is declining. the dollar rise. up against 16 major trading peers. it is dominating because of the yuan move. china trying to devalue and trying to play catch up as we will speak at the stephen saywell. the dollar has rallied higher against asian peers a global peers, will not see will not seen it. the overall affect market to very stable. they let go because the data makes too much sense to start a export growth. dollar rallying higher. will it play in for the federal reserve thinking of a rate rise? is this exporting deflation to the rest of the world from china? will it mean they are less likely to do rate hike? dollar goes higher. 1.9% higher. willolleagues in asia point you through that. ot
search business. and prudential prepares to deliver first-half earnings in about 15 minutes. profits are expected to surge by 10%, but investors eye the challenges ahead. welcome to the show. let s get straight to european markets, which were indeed quite strong yesterday. a slew of earnings and oil prices recovering by a couple of percent allowed equity markets to perform relatively well, better in europe than in the u.s., but positive across the board. now, today we are down 0.6% for the broader stoxx 600 as you can see, a correction from yesterday s positivity and more of a continuation of how august as a whole has kicked off. ftse 100 down 0.6%, germany and france down a little bit more than that. athens is in positive territory and seema will tell you why. absolutely. let s take a look at that top story. greece and its international creditors have agreed to a deal on bailout terms following long negotiations. finance ministry sources telling cnbc that a number of m
it is election day in the u.s. 226 million americans cast their ballots in one of the most among jewish u.s. presidential elections in recent history. one of the most tumultuous u.s. presidential elections in recent history. hillary clinton held a narrow lead in most pre-election polls. her campaign has and armed by federal probes into her handling of classified e-mails, questions about her family s foundation, and public doubts over her trustworthiness. republican real estate magnate and reality tv star donald trump, defeated 16 primary opponents and promises to drain the swamp of washington corruption. he has faced criticism for his treatment of women and denunciations of immigrants. we bring you the analysis you need on this historic day. i am joined by bloomberg s politics and economics editor, michael mckee. in london, we are joined by alexander friedman for the first half of the program. alex, good to have you on the program. first, let s get to the bloomberg first