Deal. No let up in germany. Angela merkel ruled out further loosening of measures after europes largest economy records the biggest spike in cases in four months. Asian stocks trade mixed following a fresh record on wall street. European futures point to a positive open. Good morning, everybody. Welcome to the program this wednesday morning. Lets have a look at terms of breaking news. Notes coming through mace maersk. The fullyear numbers, 6,000,000,0007,000,000,000. This is new guidance coming through. That is interesting in itself. The guidance we previously had in the year had been withdrawn by this business which operates 20 of the world container fleet. They are giving us this new guidance here. Looking at the underlying profit numbers for the second quarter. This is the backward looking part of it. The underlying profit data is 359 million dollars. They have done better than the estimates. We will be speaking into the management of maersk later on in programming. We have u. K. Ct
Biggest spike in cases in nearly four months. Good morning and welcome to bloomberg surveillance. I am Francine Lacqua in london. This is what the markets are doing , european stocks moving to the downside gorsuch any trading sideways, despite record highs on wall street. This is what we are also looking at when it comes to gold, always look at gold because it gives you a good sense of where there is appetite, slipping back below 2000 on ounce. We saw declines in utilities outweighing gains in travel shares, of the stoxx 600 actually gained. Up, the chief executive of the Hong Kong Exchanges and clearing joins us for an interview after the Company Posted a record firsthalf profit. That is in a couple. Of minutes lets get straight to the bloomberg first word news. We start with joe biden, it is official. He has become the democraticc nominee for president. The second night saw a slate of speakers, from former president bill clinton to representative alexandria ocasio cortez. Biden himse
The simultaneous listing could bring evaluation of 225 billion dollars and may raise more than aramcos record sale. Day twot lady headlines of the republican convention. The theme is the land of opportunity as Melania Trump makes the case for her husband winning four more years. Working news at the moment. We are getting confirmation that the u. S. Business will be charged in a generic drug pricefixing probe. This coming from the department of justice, saying the Pharmaceuticals Company was charged for its role in a saying teslas u. S. U. S. Mers tevas consumers were charged 350 million. It was charged for conspiracy including landmark and glen tech. Nd apple it is falling more than 4 in postmarket trading. Teva pharmaceuticals being charged with conspiring to raise prices for generic drugs. This is after years of pricefixing in the generic drug market. The doj saying it is the seventh company to be charged with generic drug pricefixing. Teva was charged for pricefixing. You can see th
Impact of the virus. We will hear from the investor this hour. Western europe loosens restrictions and says infection rates are using. This highlights systemic weaknesses in the Global Health systems. Shery looking at markets, futures under pressure. U. S. Futures are down. 4 after the second straight week of gains. This coming at a time we are hearing from government officials in the United States the worst may he over for the coronavirus pandemic. Nikkei futures down. 4 . We are going to get march trade data for japan later in the show. Nikkei futures are already at a sixweek high. Seeing downside for oil. 4 while brent is trading at 28 a barrel. This of course after we continue to see this gloomy demand outlook when it comes to oil. President trump is slamming china yet again, suggesting beijing caused the covid19 outbreak that has killed 39,000 americans, and said there should be consequences if the country was found to be responsible. Ros krasny is on the line from washington. We
attend a big fund raiser tonight ahead of the president s first official campaign rally in philadelphia on saturday. now republican florida governor ron desantis is daring democrat california governor gavin newsome to quit throwing zingers are the cheap seats and enter the race himself. brace yourself, but the stit have hit the fan. i practiced that. oklahoma republican governor kevin stit for announcing that he s not backing the former president, but wait till you hear who he is backing. welcome, everybody. i m neil cavuto. boy, a fast and furious. that pretty much describes what is happening in the presidential race. mark meredith is here to break it down in washington. hi, mark. maybe i should be in florida. that s where the action is right now. three florida men seeking the republican presidential nomination. miami s mayor, francis suarez launched his campaign. he put out a video explaining why he s running. i m growing to run for president. i m going to run for your