Brownforman the worst call in the s p 500 after disappointing. Guy european stocks, as they are in the United States, fairly flat right now. Only up less than zero point 1 . The story continues to be where is happening in the pound. Theres a lot of talk of resistance up at 1. 32. Breaking through that would make a big difference. This ahead of next weeks general election. Glencore being absolutely pummeled today, down by over 7 . This as it faces another legal woe, this time out of the United Kingdom and United States. They will investigate the miner for bribery on the backs of investigations in washington, driven by the doj. Glencore down by 7 . Vonnie General Motors and south koreas lg announced plans to build a new electric vehicle battery plant in ohio. Bloombergs david westin joins with the two executives at these and what the deal at the center of the deal. David thank you. We are joined by mary barra, chairman of General Motors, as lg, as the vice chair of well as the ceo of the
Outperforms european rivals with earnings that beat estimates. We speak to the ceo, bob dudley, in just a moment. Back to the table, chinese trade negotiators hope the u. S. Hosts the u. S. Trade team as huawei reports earnings. Mexicos president says he wants lower rates to boost. The economy is not growing as we would want it to grow. On the other hand, there are no risks of recession. Matt less than a halfhour away from trading across europe and in the u. K. Im looking at a fiveyear chart of the pound. We are getting back down to the 2017, asit in 2016 and the likelihood of a hard brexit seemingly increases. That is not affecting equity Index Futures in a negative way. Take a look at equity Index Futures across europe after the gains that we saw in asia. We still see gains in ftse futures, as well as cac futures. However, dax futures are still down this morning, although just marginally. Euro stocks, ftse futures indicating a flat open. What are you seeing on the gmm screen . Anna l
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The high success rate of drilling and appraisal activity offshore Africa s southwestern coast is spurring Big Oil to boost acreage in the area and seek other exploration frontiers.