For just eat. It hits the bottom of the stoxx 600 as orders slow in the Fourth Quarter. But the company says it is on track to deliver on fullyear results. The president elect names his soninlaw, jared kushner, as his Senior Adviser. The Incoming Administration claims the move will not violate nepotism laws as the role is unpaid. Good morning, everybody. Really glad youre with us. Do does it make a difference if a Senior Adviser role is paid versus unpaid as far as nepotism . Interesting one. Shares in britains grocers this morning have been on the rise. Morrisons raising its Profit Guidance after it posted a strong pick up in sales of the festive period. The Supermarket Chain expects its 12 month underlying profit to come ahead of consensus efforts. Tesco in the middle is planning on closing two of its uk Distribution Centers in the shake up resulting in a net loss of 500 jobs. Sainsbury is also trading higher on this supermarket surge. Outperforming the rest of broader europe where w
About the potential market impact. Togan stanley says you want buy a dollar papal calls that. David i dont think people are taking donald trump seriously, and its really getting narrow. Jonathan do you just go to cash in setback and we do see what happens . If you could pick a winner at this point, what happens after . Theres no consensus. David it also have to do with congress, whether it is split or unified. Alix we will follow this through the next three hours. And the one event oil traders have circled on their calendars, wednesdays informal opec meeting in algiers. Francisco blanch and Vice President of ihs dan juergen. Starting off with the markets, is decidedly risk off in the debate tonight. You may look at equities and europe. The banks of men actually hammered and the flashpoint is on the dax down by 1. 5 in frankfurt. The biggest loser is Deutsche Bank. Another record low for the biggest bank in germany. Some speculation on what that means to the bank Going Forward. Are we r
Confirms a possible deal with mylan. A merger could create a 23 billion company. Gloo and throughout the day, were at the workshop on the shores of lake como and theres criticism over the lack of action from d. C. Unimpressed about the with which the ecb is acting. Welcome to the show today. Plenty to come from the chinese computing firm lenovo, the brazilant development bank, good old richard koe will be joining us about an hour from now. Towards the end of the show, Luigi Zingales from the university of chicago. Jules is going to be there. Right now, though, we are just over an hour into the trading day in europe. Its all about the countdown to the employment report, as we know. The forecast is going to be 200,000. The numbers could be higher, 230, 240, Something Like that. Ahead of it, european stocks are weighted to the upside. Around about 6 3, thereabouts. Advancers currently outpacing decliners. U. S. Stocks down a little bit. The first fall in five sessions yesterday. Not far a
Growing optimism about the economy and improved corporate earnings are driving stock markets to record highs, prompting analysts to forecast further gains. Read on.