British Education Company sells its final stake in random house and ceo announces his retirement and fedex share another profit warning site significant challenges and changes well, good morning. We have a very busy show for you today. I want to get you to some german data lets break it down for you. We know p german business moral has risen in december. That is one positive for the current condition that has come in at 98. 8 higher than the estimate of 98. 1 the Expectations Index coming in higher than the forecast today at 93. 8 versus expectations of 93 Business Climate index was revised to 95. 1. The current index was revised to 98. 8 as well it appears to the upward revisions. The numbers for the month of december are coming in higher than expectations going into today. Worth mentioning that we did have the ifo a while back saying the german industry does remain caught in a session. Because the Manufacturing Sector does remain flagged. Not the least procured by the trade war. That
The margins there seems to be more optimism in the markets that the yearend wont bring the crunch we had forecast. This is the picture for european stocks up 0. 1 . 1. 3096. D, a phase one trade deal. At 96. 3,ng in betterthanexpected after they had a figure of 95. 5 and thats moving euro a little bit. Coming up we will discuss the and also dont miss our exclusive interview with the chief executive, thats coming up at 1 00 p. M. London time. Lets get straight to the first word news in new york city. President trump is accusing Speaker Nancy Pelosi of turning chamber. Into a star powerump laying out his and obstructed congress. Later today the house is effective vote to approve two articles of impeachment. The u. K. Credit outlook has been upgraded by both s p and after Boris Johnsons conservative party won a decisive majority in last weeks elections. S p raising the outlook from negative to stable. Fitch taking them off rating watch negative. It removes the immediate threat of a downgr
Slowdown on, weaker demand at home takes its toll as the abe government predicts a rebound. And europes Energy Supplies warn of an impending crisis forcing cutting of costs. Display youre watching Worldwide Exchange, bringing you Business News from around the globe. Italian gdp, Third Quarter, minus 1. Minus 0. 1 quarter on quarter, which is what we were expecting. Forecast minus 0. 1 , as well. And were getting the latest from the euro dollar. Just tracking 1. 3454. 1. 3295 was the twomonth low that we hit last week post the jobs. We havent hit that again, but we were down on the 1. 33 level towards the beginning of the week. We have the latest ia numbers out, as well. The ia is warning of up side price pressure. Supply up 600,000 barrels a day in october. More on the ia, more on growth, as well. Besides italy, france is sticking to its full year forecast despite reaction. The quarter on quarter data missed analyst expectations. It came in at minus 0. 1 . Although the finance minister
Of some 370,000 residents from areas near the sea and new york city. Officials have there have suspended subway and bus services. Sandy is disrupting corporate activity with Many Companies not opening for business. None of the theaters on the citys famous broadway will be running performances on monday. The u. N. Headquarters will be closed and the New York Stock Exchange will stop all trading on monday. Internet trade willing also be suspended. Well have more information on the hurricane from rash el ferguson of our weather team later in the program. With just nine days to go before the u. S. President ial election, the hurricane is altering the schedule and strategies of the two main candidates. President barack obama was set to campaign in three key states on monday, but he cut his trip short and returned to washington to monitor the storm. In 2005, obamas predecessor, george w. Bush, was harshly criticized for his slow response to hurricane katrina. The storm devastated the south o
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