Tiktok parent byte dance as hopes for a partnership with,el can avert u. S. Sanctions soft Bank Shares Jump as they agree to share to nvidia for 14 billion. The Japanese Investment company is looking to go private japans Ruling Party Leadership race setting him up to take over as Prime Minister placing the countrys longest serving premiere shinzo abe. Thanks for joining us. Let me take you to the European Market but we havent got 6,000 points which is very difficult territory in recent months so the dax chasing almost half of a percent and looking solid. Near 5,000 points last week and holding on to that leadership with another. 7 italian stocks also in the green. We saw last week that these markets would try to hold on to some of the gains despite selling on wall street very serious patches of volatility on the u. S. Markets but european stocks did try to put a little bit of distance between themselves and the market action. Lets take a look at the better performing parts of that mark
To gains ahead of todays fed decision. Investors consider the possibility of a return to 1930s era yield curve control. Kowtows. Teaus mike pompeo accuses a company of bowing to beijing. A top investor adds its voice in the rebuke of hsbcs decision. Time is running out. Cerberus is tired of waiting for a turnaround at commerzbank, calling the banks performance an abject failure, the activist investor seeking two seats on the Supervisory Board to turn things around. We are just an hour away from the cash in europe and the u. K. Let us take a look at futures first. We have turned from losses to gains, now looking at green arrows on european futures after dropne to two plus percent we saw in cash trade yesterday, we are also looking against in u. S. Futures, right now 0. 5 , no matter which contract you look at across the dow, the s p, and the nasdaq. Anna . Of breakingle bit news coming through on the spanish clothing retailer inditex. Delaying its dividend for 2021, but we are waiting f
Are close to sealing a merger agreement, telling employees a final pact is coming within weeks. And shares in the lse group trade higher as shareholders prepare to vote on the 27 billion takeover well, a very good morning and welcome to street signs. One of our top stories today, alibaba has closed almost 7 higher after its hong kong debut, the Largest Global listing so far this year the ecommerce giant listed at a price of 176 hong kong dollars to raise 11. 2 billion in fresh capital. And as part of the ipo, the Chinese Company issued 500 million new ordinary shares. Emily tan is joining us live from hong kong emily, the largest ipo of 2019, quite a stellar postmarket performance with the stock up almost 7 in trading how has the reception been overall . Reporter you know what, juwana, the newcomer to the market today was the most heavily traded in hong kong with 1. 8 billion worth of shares changing hands as you mentioned, the stock closed up more than 6. 5 , off the days highs, but u
We had a massive stimulus package. It is all straight ahead on bloomberg best. Welcome and hello. I am alix steel. This is bloomberg best. Interviewsview of from Bloomberg Television around the world. It has been a momentous week for Monetary Policy with Rate Decision from the bank of japan, the u. S. Federal reserve, endobag of england. On monday, the top headline was disappointing data from china. Latest data from china likely to get more pressure on the leadership as they try to meet this years growth target by 6. 5 . Retail sales slowed. Output rising just 5. 4 . That is below estimates and that suggest sluggishness in demand from abroad. Factory deflation is persistent now for some 48 consecutive months. Retail sales is a key barometer for the government for consumption trends. It climbed to 20 . That missed the 11 of forecast of economists surveyed by bloomberg news. We are also seeing pressure on the currency. Of calmroject a sense at this annual press conference on saturday. Wh
Alix it is all straight ahead on bloomberg best. Welcome and hello. I am alix steel. This is bloomberg best. A weekly review of interviews from Bloomberg Television around the world. It has been a momentous week for Monetary Policy with rate decisions from the bank of japan, the u. S. Federal reserve, and the bank of england. On monday, the top headline was disappointing data from china. The latest ecodata from china likely to get more pressure on the leadership as they try to meet this years growth target by 6. 5 . Industrial output and retail sales growth both slowed. Industrial output rising just 5. 4 . That is below estimates and that suggest sluggishness in demand from abroad. Demand at home. Factory deflation is persistent now for some 48 consecutive months. Retail sales is a key barometer for the government for consumption trends. It climbed to 20 . 10. 2 . That missed the 11 of forecast of economists surveyed by bloomberg news. We are also seeing pressure on the currency. He di