Japan increases the pressure on south korea. Europe braces for announcements on trade from President Trump today. Trade pains and job gains. Report is expected to be a takedown from the june number. After the release, we will hear from larry kudlow. Matt good morning. Is bloomberg daybreak europe. I am live from berlin. Se are looking at allianz earnings coming across the wire right now. Companyres to the compiled estimate of 2. 9 9 billion euros. It is a leading on it is beating on the Second Quarter. Seen a range of 11 billion, 12 billion on the year. If they hit that number bang on, it will be no change from last year. We are going to speak with the. Llianz cfo do not miss that interview at 7 00 a. M. London time. In about an hour. Nejra . Nejra i have numbers coming in from credit agricole. The context is it is joining fox capital. Listing the Second Quarter ratio, 11. 6 . Secondquarter revenue coming in t on meeting the estimate. If we take a look at some of the other numbers comi
The farm put sandbags in front of the farm put sandbags in front of the front door, and we had water coming under the door. Coming up on afternoon live, all the sport. Adam peaty talks World Records and the battle against doping in swimming. Plus, the build up to the ashes, as england prepare to host australia. And ben rich has all the weather. Hello there, if you more heavy downpours around today, they should slowly ease over the next few days, good news for many, i am sure, all the weather news plus a look at the state of the uk climate, that is coming upjust state of the uk climate, that is coming up just before state of the uk climate, that is coming upjust before her state of the uk climate, that is coming up just before her past. Also coming up, it misses the point, jousters are up in arms over plans to introduce var Video Technology to bring the medieval sport into the 21st century. Hello, everyone. This is afternoon live. Iam simon i am simon mccoy. An investigation has found t
All change in greece after a snap election, but what are the economic challenges facing the incoming Prime Minister . European markets look like this at the start of a new trading week. We will have the details of all you need to know. And, getting an early taste for business. We meet the former teenage entrepreneur who began selling ice cream at the age of 15 and turned that cash into a pizza chain. Today we want to know, with prom season in full swing in the uk and parents splashing out on their kids for the big day, are we taking this american tradition too far . Should we indulge our children . Let us know just use the bbcbizlive. Welcome to the programme. It was once the worlds biggest Financial Institution. But now Deutsche Bank has confirmed one of the biggest overhauls at an Investment Bank since the aftermath of the financial crisis. Its confirmed that 18,000 jobs are to go over three years as part of a restructuring plan. That will ultimately cost 7. 4 billion euros or 8. 3 b
Closing alley, you could call it im thinking about the lyrics in the song, g4 pilots on a firstname basis did you catch any of that . I did, dont ask me to explain it joining us this morning, raul sudd, ceo and founder of unicorn and ed lee, managing editor of recode welcome to both of you on this first trading day of the year, we asked you both to come with your 2018 tech predictions, from deals, ipos, and, yes, bitcoin and cryptocurrencies lets start with you you have some predictions in media. Media, tech and media thats my favorite topic, because i feel like tech has been sort of dipping their toes in the media water for years media, by the way, they see this threat coming for a long time and they are acting much more quickly and decisively, more dramatically with the tieups. You have at t and time warner, disney and fox whats coming next . Heres the thing, i think the next big step is for amazon in particular and possibly facebook and apple to take a deeper look at, you know what,
The fed releasing the monetary report to Congress Ahead of testimony next week. We go to cayla toushy. In the blue print, the new chair sticks to the script touting data base decisions, a strong labor market, and inflation that is moving toward that ever important 2 target. It should be noted that in this report the majority of fed members said they saw inflation at that target by 2019 and stabilizing at that target over the next few years. They did say that theyre monitoring the effect of online retailers and international effects on that inflation level over time. For unemployment, the fed report said that hourly wage growth has been moderate but the labor market is near or a little beyond full employment at this point. For 2018 and 2019, the median estimate is 3. 9 ticking up to 4. 0 in 2020 as for the markets, the fed report pointed out that notwithstanding recent weeks, that is the mention to volatility that weve seen in the markets that equities remain higher and bond spreads hav