this morning until tomorrow morning at 7 am. highs today in the 60s unless you get a north wind and then will be in the 70s. right now we have traffic that will be busy if you are driving on 80 westbound and driving into the macarthur maze area. i can see traffic is slow there and also unconquered, highway 4, slow traffic. we do have a look at the commute on interstate 880 and there s no major issues on the peninsula. a little bit of slowly beginning to develop in the south bay commute. now it s 6:01 am let s go back to the desk. we begin with developing news and east san jose were police are searching for a driver behind a deadly hit-and- run. the collision happened shortly after 10:00 last night at the intersection of alan rock and jackson avenue. the driver of a 1999 honda hid a tesla head on and then veered into another lane and hit a dodge durango. the driver of the honda ran off but left two passengers in the car. one witness tells us he got to the victims first
as the british asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. and china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawn-out trade war. the nato secretary-general tells cnbc the tension goes beyond trade. we need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. a very warm welcome to street signs. as you can see, a fragile calm taking hold of markets today in europe this follows a mixed session in asia and a rebound on wall street the stoxx 600 trading about 0.7% higher the calm really has come on the dak back of stabilization in the yuan the pboc fixed the reference point for the yuan slightly weaker than expected, but overall no more escalation in the u.s./china trade tensions and currency tensions. we have plenty of corporate earnings coming through t
shares sink of the german chemical firms to pay an t a couple $2 million in its third straight legal defeat. early falls after a full year loss and slashes its dividend as it focuses on its 5g network. welcome back to the show on this fine tuesday morning trade tensions between the u.s. and china. they ve estimated once more. that s after beijing announced it would impose tariffs of 25% on $60 billion of worth of u.s. goods. president g when they meet at the g20 summit in japan, and that s not until june. we re in a strong position. our economy has been very powerful theirs has not been we ve gone up a lot sense our great election in 2016 we re dealing with them and have a good relationship. maybe something will happen. we re going to be meeting, as you know, at the g20 in japan. that will be, i think, probably a very fruitful meeting. well, let s talk about the market response to china s response to the tariffs. yesterday we saw a weak session with all of the major
and with tottenham lurking. their managerial position has been vacant since antonio conte s departure in march. an emotional zlatan ibrahimovic has bid farewell to football at the age of 41. the ac milan striker had already announced that he would leave the club this summer and brought the curtain down on a glittering career after their final league game against monza. the swede is the all time top goalscorer for his country and scoed 511 goals for clubs including paris st germain, manchester united and both milan sides, winning league titles in four different countries. translation: thank you, all. from tomorrow i translation: thank you, all. from tomorrow i am translation: thank you, all. from tomorrow i am a translation: thank you, all. from tomorrow i am a free translation: thank you, all. from tomorrow i am a free man. - translation: thank you, all. from tomorrow i am a free man. it - translation: thank you, all. from tomorrow i am a free man. it has . tomorrow i
25% jump in earnings and vowing to restart its dividend. happy holidays for intercontinental. shares rise as the hotel group increases its dividend on higher full-year profits. the ceo tells cnbc the impact of sterling weakness is muted. it had marginal impact on us on the year, it reduced our overhead cost on sterling, but we had an impact on revenues because we re dollar-based, report in dollars. as far as the rate, very little amount. good morning. let s kick things off with a bit of data for the eurozone, that looks to be stronger than forecast. market february flash composite pmi came in at 56 versus a reuters pole of 54.3. this 56 print, that is the highest since april 2011 that follows upbeat data from germany and france this morning. in germany, private sector growth the fastest in three years, and in france, the composite pmi at the highest level since 2011. interestingly enough, also prices rising. that obviously could crimp growth going forward. now by in lar