Fbn a. M. Starts right now. It doesnt make sense to anybody else. Who cares, youre all i think about. I searched the world and i know now lauren welcome to fbn a. M. Good morning. Happy monday, im lauren simonetti. Cheryl good morning, im cheryl casone. Today we celebrate the legacy of civil rights icon, Martin Luther king, junior. Lauren lets take a look at how your money is moving now. U. S. Stock markets are closed but futures are trading, dow down 20, nasdaq down 9. Cheryl taking a look at stocks in asia, again, the thawing and the reality of the u. S. China trade truce being over at least for phase one, still kind of sinking in for asian investors. The nikkei up a fraction, hang seng is lower, shanghai, kospi, higher. Lauren european markets, Business Leaders and policy makers descending on davos for the World Economic forum. Cheryl top story this morning, promise made, promise kept, President Trump taking a victory lap during a speech to americas farmers after striking two major
Minister nuri interim ot of focused on issues like smart cities and Renewable Energy while the leaders a keen to strengthen business and trade ties last year trade between germany and india was worth of 18000000000 euros but that figure is dwarfed by germanys trade with china 10 times as much as indias economy has been growing rapidly in recent years though the country has been keen to encourage investment from abroad but obstacles remain infrastructure the countrys legal system which is seen as lacking transparency and a big one bureaucracy every trade deal between the e. U. And india could smooth out some of those issues spot that wont happen any time soon lets go over to dave charity hes following this story for us from mumbai they have a germany and india really a good match. Absolutely do both countries up effect match for each other and they are made for each other for a long long time you mean you may be aware that in germany is companies are operating in india since 1967 so we
Dwarfed by germanys trade with china 10 times as much indias economy has been growing rapidly in recent years though the country has been keen to encourage investment from abroad but obstacles remain infrastructure the countrys legal system which is seen as lacking transparency and a big one bureaucracy every trade deal between the e. U. And india could smooth out some of those issues but that wont happen any time soon lets go over to dave charity hes following this story for us from mumbai. A germany and india really a good match. Absolutely theyre both countries a Perfect Match for each other and theyre made for each other for a long long time to me you may be aware that Germany Companies are operating in india 167. 00 so we have a long history as far as the business relations and. I mean to the. Businesses and now of the present and i go in get me into a lot of investments specially in the high tech areas like Artificial Intelligence. And of course india would be selling its spectru
Highlights. The senators blasted Dennis Muilenburg time and again on a wide variety of issues some accused boeing and the ceo of not being straight with them, outright lying in terms of questioning about the 737 max. Others basically said to him, youre the ceo, how could you let this happen . Youre the ceo. The buck stops with you. Did you read this document and how did your team not put it in front of you, run in with their hair on fire saying we got a real problem here. Those pilots never had a chance these loved ones never had a chance they were in flying coffins. I was walled walk before getting on a 737 max i would walk zbra there is no way just a few of the comments from senators asking Dennis Muilenburg and also offering their opinions in terms of the 737 max more Dennis Muilenburgs time he said time and again, look safety is at the core of our mission. We are committed to making sure the max is safe when it returns to flight and that the Company Makes changes that are necessary
Good monday morning. Welcome to squawk alley. Obviously watching the dow down 142. Oil is the story of the day. Prices surging following attack on the Worlds Largest Oil Production facility in saudi arabia, disrupting the Global Supply of crude. Brian sullivan in houston with more on this hi again, brian. Reporter hey, carl, good morning. Playing a little zeppelin rock and roll there the market is rocking and rolling. So many effects from the attack, moments ago the u. S. Telling saudi arabia they believe they came from iranian soil lets put size and scope into perspective. I know you talked about how big this outtake facility really is, and it is not completely analogous. Heres a good example. We showed it earlier 5. 7 Million Barrels off line, facility is 7 million total barrels, 10 million all together there were two attacks so the two attacks outcake is what the market is focused on they hope to come online slowly the next couple of days. If you factored in five of the biggest refi