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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

Chinas factory deflation deepens in may with Producer Prices falling the fastest in over four years. A surpriseower in jump of u. S. Inventory. Manus its just gone 6 00 a. M. In london. It is seven in frankfurt. The seat of the latest breaking news story about banking. Capital. Erberus a five page letter. This is the language that is being used. You got the same story in front of you. An abject failure to take appropriate actions and the refusal of management and the Supervisory Board to acknowledge the seriousness of the situation. Good morning. Nejra good morning. Exactly. Basically, the letter talks about commerzbank suffering from leadership, lax resolve to slash a bloated cost base. This is according to bloomberg news. That raises the possibility of a shareholder revolt if the bank refuses to appoint its representative. This demand is likely to be a topic of the
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BLOOMBERG Bloomberg Surveillance July 6, 2016

Surveillance, francine the clot in london, tom keene in new york. Francine lacqua in london, tom keene in new york. Tom what a movable feast this morning. Tick by tic as we went into this opening, francine and i were going backandforth over the dynamics, and i have to say this, we do note we do not know why Deutsche Bank is south but it is south. Francine i think there are concerns that the brexit shows investors are very nervous and it goes into the weak spots so i think we will see many more spots like this. There may be something more underlying. Lets get straight to the bloomberg first word news. Nejra the field is down to three and the race to become the next british Prime Minister. Theresa may took the lead in the battle to succeed david cameron, winning 165 votes in the first round. She was followed by Andrea Leadsom
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