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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

A workaround for the dispute over ecb bond buying. Crude edges higher on signs of demand recovery. We get a clear picture on the fallout as aramco reports results this hour. Manus a warm welcome to the show. Allianz, a tough time for them, that is what they are reforming reaffirming this morning. An implosion by 30 . That was pretty much as they had warned the market. Call toe, there is this preserve capital. Were standing by the 2019 numbers. The word reopen, what is the view from the cfo . A drawdown of capital from pimco. They have ripped up the guidance , we put those questions to the cfo very shortly. We will speak to the cfo, he joins us for his first interview of the day. What have you got . Nejra great to see you again after my day off. Debt. First half net 7. 5 5 billion euros. They say they could use up to one billion euros in the fiscal third quarter. At first half adjusted ebit 30 million euros. In the meantime, im back, whatd i miss . Nejra you missed the whole debate manu ....

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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Austrias chancellor tells us shared debt is not the answer to the coronavirus crisis. Meanwhile, chancellor merrickle here in germany has a workaround for the dispute over e. C. B. Bond buying. Testing times. President trump says the u. S. Has prevailed in the battle to boost coronaVirus Testing to capacity. This as Boris Johnson is forced to water down his plans for rebooting the u. K. Economy. Plus, the fed dips into credit on the corporate side. Today marks the opening of a much anticipated facility to buy corporate debt e. T. F. , a key part of the Central Banks coronavirus strategy. Just you said an hour away from the start of cash equity trading in europe and the u. K. Lets take a look at futures here. Ftse n see that we have futures it is changed. Futures across the board are not moving very much, although at least i ....

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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Steve mnuchin says he sees a bounceback last year. Angela merkel vows to defend the euro. The bank of england governor hints more qe could be on the way. We still have breaking news that we are waiting for, looking at merck, First Quarter net sales at 4. 7 billion euros, the 4. 1mate was 4. 9 billion 9 billion. , 1. 1 billionda euros for the First Quarter, estimate was 1. 0 8 billion. That number coming in a little bit stronger in terms of the adjusted ebitda. Manus, what have you got . You think about pharmaceuticals and telecoms, they are two of the most robust sectors in this whole covid challenge. A limitedas had impact. They are confirming guidance. Using the word limited virus , they are using more broadband. Up by 10 ,er ebitda as are a lot of recovery markets in recovery mode. Deutsche telekoms down on the year. Much will theyow be rewarded for that sticking to guidance ....

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KPIX Face The Nation July 13, 2024

Intervenesly for intiitalized patients. Launn d manufacture a vaccine for covid19. But are we flattening the curve . Some experts say with the books closed on april, we havent seen the effective results from the stayathome orders, at one point in place for 90 of the country. With new predictions of the virus lasting for some time, perhaps as two years, are we moving too fast too soon . Well talk to the governor of illinois, j. B. Head ofr. Gilead science will join us. And well look at the fallout as the number of jobless americans jumped to more than 30 million. Well talk with rafs raphael bostic, and the c. E. O. Of american airlines. All that and more is just ahead on face the nation. Brennan welcome to face the nation. As we turn the page to a new month, americans continue to struggle emotionally, financially, and with just trying to plan ahead. In most cases, there are few clear answers to our many questions. We will continue to seek them for you. Our coverage begins today with cbs ....

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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Steps. Morgan stanley and wells fargo join european lenders in pledging to preserve jobs during the crisis. Deutsche bank says it will pause future cuts amid its restructuring. Welcome to bloomberg daybreak europe. U. S. Futures on the back foot today after the best threeday gain in mere nine decades for the s p 500. The dow is technically in a bull market but it is 25 below the february 12 record. In terms of asia, a mixed picture. Following that emergency 75 basis point cut by the bank of india. A big drop in industrial profits in china. That is the news overnight out of asia. The 10year treasury yeild slipped five basis points. Risk off coming back into these markets after the powerful risk rally. We ask the question whether it is a bear market after the devastating rest jobless claims numbers, so weakness in the dollar. The dollar is hedging for its biggest retreat since 2009. Gold has its biggest weekly advance since 2008 after the effects of the funding squeeze and oil heading fo ....

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