Live Breaking News & Updates on Perifereia Kentrikis Makedonias
Stay updated with breaking news from Perifereia kentrikis makedonias. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
this is what the g7 is about. if they were somewhere else they would be drinking some other national drink. vonnie: unless they made a special one for him. that is also a possibility. tom: you wonder why he cannot have this relationship with capitol hill as well. what a week last week. here is vonnie quinn. vonnie: the new ceo of deutsche bank will be taking over millions of dollars in legal costs and questions about his strategy. done cry and has been named under jane, deutsche bank s chair deutsche bank s had the worst performance. we are not asking for immediately heads to roll, but really for the supervisory board to take another look at the composition of the management board. we are also not expecting changes within a few weeks, but overall with what has happened it is a good thing for deutsche bank. vonnie: shares of deutsche bank are higher in europe and in the premarket here in the u.s. pressure on greece this morning with g7 leaders meeting in germany am ....
embarrass stocks as the low as he fails to win the majority in parliament. greek uncertainty continue tos weigh on european markets this as g-7 leaders fail to come to a deal with creditors as they meet in bavaria. let s get straight to the top story. shares in deutsche bank have topped to the top of the german market after the top ceos resign. they have promoted krenn to the top post. let s get to aneta with the latest. reporter: well it was a big surprise yesterday that they co-ceos actually handed in their resignation. and juergen fitch will stay on board until early next year. traps the transition why did it come now? we only can speculate it was like a bad start to the year they had that whole expectation mounting up to the strategy. and the new strategy fails in convincing investors, analysts and even companies alike that this is a good strategy going forward about really electing details ahead of another slump in the share price. and then there were all the ....
slashed. behind apple s announcement. the operating system watch payments and big music unveil. what s it going to mean for the stock? and lululemon results are out. the retailer raises the outlook for 2015. first up hsbc announcing plans to cut up to 50,000 jobs and shrink its investment bank by a third. half of the reductions will come from a sale of businesses in brazil and turkey. they are looking to cut money within a couple of years. and ge selling the sponsorship business for $12 billion. ge says they re going to execute $100 million by year end. all part of the plan to sell the bulk of the ge capital. that s going to be positive and they are aggressively getting out. i wonder if there isn t a trend here. everyone is retrenching at a time you would think that rates being low, you would to be out there in different market vsmarkets. i was on a panel last night talking about jobs and people who are not in midlife crisis but people in their 40s and 50s. what a ....
weaker euro and recovery in europe. a round of downgrades for china. they lower gdp and inflation expectations. stock rallies as investors bet on further easing. it s germ man 10 year yield cross for the first time. unwinding of various european qe related trades. this week that has been in part to play but also a little bit of sentiment imported from the united states where yesterday some jobs data the jobs opening and labor turnover survey better than expected so this move certainly at least linked with the u.s. leading the charge rather than just the german bund yield itself moving based on european policy. it s not that high wilfred. especially looking at 2.4% in the u.s. ten year in the u.s. but it s psych lonlicologically significant. the question is what happens from here and how do stocks and current sys react interestingly enough. the u.s. ten year at 2.4%. large dividend paying stocks have been moving to the down side. down about 10% from their record hi ....
korean central banks cut rates. the bok also citing the impact of the mers virus. shares in rbs moving higher after the government says it will off load it s stake in the bank. royal mail in the red after it sold at a discount. and welcome everyone to the show. we just got out the most recent iea oil report. global oil supplies falling to 96 million barrels a day on lower nonopec output. short-term imbalances appear to be supporting oil prices. three factors have been lifting oil demand growth in the first half of 2015. those would be the global economic recovery. lower oil price and cooler that winter weather conditions and many large consuming countries. the iea says momentum is expected to ease some what in the second half of 2015. saudi arabia iraq and the uae pumped at record monthly rates to keep output over 1 million barrels per day. that s the main take away from the report and we have been seeing oil prices rally. that was the big story in yesterday. overnigh ....