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CNBC Street Signs July 12, 2024

Takeover by veolia brexit back lash nancy pelosi says there is no chance of u. S. uk trade deal warning britten ain to break the divorce treaty a warm welcome. Lets kick off the show with a look at the markets. Extending gains after the rally. We have turned negative. You can see all four of the Major Regions are trading lower. The ftse down a half a percentage point the dax has turned negative now. The big event for european investors, no doubt that ecb meeting coming out later today and reacting to the turn around we saw in the u. S. Markets yesterday. We did see major indices recoup the selloff. The positive momentum not enough to continue to todays session looking to the break down and the best performing parts. Food and beverage and travel and leisure also rebounding. Noting every sector et cetera travel and leisure advanced. Now one of the better performing parts of the market. Chemical, utilities and auto the worst in contra ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

The ecb today likely in some time,ust merely to mark there may be some tweaks in terms of determining will it have an impact, but it will not be major. The ecb is waiting for more data. The ecb is also waiting for meetingnd the council which will determine this rescue plan, 750 billion euro rescue plan, and everybody is waiting to see what happens there. Yousef a medical meeting today tom medical meeting today, first do no harm. Right now with first word news in new york city come here is ritika gupta. Ritika President Trump is shaking up his struggling reelection campaign, replacing manager brad pascal. Pascal has been under fire for some time, coming less than a month after the residents sparsely attended rally in tulsa. The twitter accounts of some of the most prominent american political and Business Leaders have been hacked, amongst them, barack obama, joe biden, elon ....

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BBCNEWS World July 3, 2024

They get from the canal almost halving. On top of that, and despite a recent bailout from the International Monetary fund, the economy is facing pressures on various fronts, with the war in gaza also hitting tourism. Really important egypt. Egypts president Abdel Fattah Al sisi begins his third term in office today after an election where he faced no serious challengers. During his Inauguration Speech the president emphasised his intention to maximize the economic role of the suez canal. With me is mohamed taha from our bbc arabic service. Good to have you. To start, explain why this was canal is so important to the egyptian economy. So important to the egyptian economy so important to the egyptian econom. ,. ,. , economy. The suez canal is the main source economy. The suez canal is the main source of econo ....

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BBCNEWS World July 2, 2024

This came through in the early hours, a release for forward, not signed and sealed but it would seem tough negotiations have ended in an agreement. Good morning. Thank you for having me. This is good for the workers, this deal, because it is a 25 Wage Increase for workers, a Reference Point for the other Car Companies that are still striking and i think there is a lot of pressure to negotiate with workers and come up negotiate with workers and come up with a deal because the financial cost to the company to simply huge. We originally had the Third Quarter results from General Motors and they say the strikes so far have cost 800 million, a big hit in their profitability and the overall estimate for the strikes so ....

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CNBC Street July 3, 2024

European equities stumble off the back of disappointing inflation data out of the u. S. And china, but the ecb Council Member kazaks throws his weight behind a pause saying inflation is at a manageable level. Of course, we go from meeting to meeting and forecast to forecast taking a look at what happens in the economy. Hamas rejects warnings for civilians to leave gaza city and head south ahead of what israel describes as significant military operations in the coming days. And earnings season kicks off on wall street with numbers out of Jpmorgan Chase and citibank and wells fargo on the deck before the start of trade stateside. The uk market regulator has given microsoft the green light to complete the 69 billion acquisition of Activision Blizzard after a series of concessions for the takeover deal. Including activi ....

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