The cash trade here in europe is less than an hour away. Lets get your top headlines. Softbank plummets on reports it made big bets on derivatives linked to u. S. Tech. A selloff looks set to continue, although u. S. Stocks are shut today for the labor day holiday. Johnson plays hardball. U. K. Officials say britain is not scared of walking away from brexit negotiations emptyhanded. Talks restart on that note in london this week. And cracks in the pipeline. Germanys board member former minister links nord stream 2 to the poisoning of alexey navalny. We are less than an hour away from the start of european trading. There will be no u. S. Equities trade today. You can see european futures are gaining. We are getting more german data out now, economic data. Up 1. 2 . Strial output the estimate was for a gain of 4. 5 percent, so a mess in terms of Industrial Production so a miss in terms of Industrial Production. Yearoveryear, there was a drop. The actual drop was 10 . The estimate had bee
Was he was it even seeing President Trump centrists cracked mr my contact with mr giuliani began as i said very late in the process after august 1st where when i was 1st introduced to him i by a text but from ambassador volker so we had already begun those discussions i believe with the ukrainians prior to august 1st so everything was being funneled through others including mr volcker ok but. You testified that mr giuliani was expressing the desires of the president correct thats our understanding again but how did you know that who told you well when the president says talk to my personal attorney and then mr giuliani as his personal attorney make certain requests or demands we assume its coming from the president i dont i dont im not testifying that i heard the president tell mr giuliani to tell us so if thats your question i put your deposition you said the question was at the may 23rd meeting when the president said go talk to go talk to rudy you responded he didnt even say go talk
To u. S. Drug companies. Reinvention as a business overhaul aimed at raising over 2 billion a year through 2022 sent shares higher. And a bitter taste as the hong kong protests hit congac sales and damage first half results. Good morning, everybody. Welcome to street signs. Happy thanksgiving for those of you who are celebrating. Were obviously not celebrating because were here in the studio bringing you the latest on the market action. To recap wall street yesterday we saw record highs for the major eking out gains despite a holiday weekend. We had u. S. Data yesterday, higher gdp numbers coming in at 2. 1 versus 4. 9 also improvement in chicago pmi. So all in all the picture was a little bit better for the data yesterday coming out of the u. S. But one of the major developments overnight was the news that President Trump has indeed signed legislation that passes into law u. S. Support for hong kong protesters that has not been well received by china. And, in fact, the tit for tat sho
Grandmother in west bank on humanitarian grounds. On twitter, the michigan Lawmakers Said silencing me and treating me like a criminal is not what she wants for me. It would kill a piece of me. Israel said today that it will let her visit her family one day after refusing entry along with fellow congresswoman ilhan omar. Trump administration has informed congress it plans to sell f16 fighters worth a billion dollars to taiwan, a move that issue to escalate already high tensions with china. Two u. S. Officials and a congressional aide says the administration have informally notified lawmakers of the proposed sale. The deal would behind the controversial because china loosely opposes all arms sales to taiwan, which it regards as a renegade province. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im ritika gupta. This is bloomberg. Live from bloomberg World Headquarters in new york, i am vonnie quinn
Crown prince discussed ways from prevent the war from escalating as the you and a best of demands secretarygeneral resign for saying the october 7 attack did not happen in a vacuum. Microsoft jumping in late u. S. Trading after the cloud unit is worth picks up steam. Rival alphabet sinking as they are offering lags. Bank earnings continued rollout. Deutsche bank meeting estimates where they spent finish pumping santander some better than expected thirdquarter net income. We will speak exclusively to the cfo later this hour. I want to get a recap on the numbers which is important when we look at Deutsche Bank. We are seeing estimates and they are kind of being met but you are not seeing much outperformance. This is stark contrast to what you saw with unicredit but thirdquarter net revenue is 7. 1 3 billion in the estimate was 7. 1 one billion. Pretax profit is 1. 7 billion euros. The estimate was 1. 6 billion. There 2023 Net Litigation charges are exceeding their 2022 levels as well. I