And it is beginning to look a lot like a socially distant christmas as the rock center tree lights up and as we all mask up and get in line. It is thursday, december 3, this is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan thanks for joining us. Here is how your money and Global Markets are setting up their day. Futures not giving us a lot of clues. Were pretty much mixed. We had more gains for the s p 500 yesterday. Yes, another record. Your 28th of the year if you are counting at home the nasdaq 100 also hitting a new record today though, we also focus squarely on oil. Opec and its allies meeting today to try to hammer out a deal to extend production cuts through march. They could not get a deal done on monday. Today rush 1sia and other natio join the talks if no deal is made or they reduce the cut instead of extending the entire thing, oil prices and stocks could take a big hit, tha
Hit a record of 23. 5 thousand. Europe heads closer to lockdown. Your money and france imposed strict monthlong measures to curb the virus spread. Can it spur an immediate dose of support from the ecb . Earnings keep coming. We speak to the top executives of credit sees Credit Suisse and many more. Your destination to understand the outlook and numbers. Net incomese with a dropping by 38 . 536 million swiss francs. The pencil that number was 597. That is a mess. Plans for a 2021 Share Buyback program producing 1. 5 billion swiss for that. Thats a similar trend that we saw ubs deliver last week. The provisions. This is incredibly important. The Loan Loss Provisions come in at under 100 million swiss franc. The estimate was 243. A very reminiscent story from Credit Suisse except that their net income is down 40 as opposed to the best ever across product lines at ubs. Promotes brady and masters to nonexecutive positions. They appropriate to share pay shareholders. What do the numbers mean
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From apple yesterday plus, jim, fedex and adobe to kick around from last night. Wow i mean, these were congratulations gentlemen and ladies calls because the numbers were so unbelievably good, much better than people expected. Now, this is rather amazing, carl why . Because there were firms that upgraded and pushed and raised numbers for weeks and yet they were dramatically exceeded, fedex because of e com, 96 of the growth is e com and adobe because its how companies are able to digitize quickly, particularly retailers, in order to be able to take advantage of this this amazing wave, this amazing boom of ecommerce to the home because of the pandemic so how can there be such a structural thematically strong story behind ecommerce and packages and growth and the targets that fdx has pulled forward by years and all the good news today on vaccines and therapeutics well, i think whats really convincing here with fedex is that theyre talking about how theres actually a weak economy in the S
Film is no time to land right growing. As the Venice Film Festival draws to a close and the movie industry is hailing a pandemic reboot for global cinema. And characters and welcome to the show and the bellary stand capital meant mass protests have started again amid significant security presence on the streets. I think this comes after saturdays protest where groups of masked men in uniforms violently confronted a march of thousands of women many were carrying portraits of Opposition Leader maria who was jailed this week after police tried to force her out of the country lot. Months and just few did president ial election has put president Alexander Lukashenko draw a lot of pressure. On the correspondent Nick Connelly is reporting for us from minsk make a protesters a keeping up with the pressure what does that look like today. Well that is the 1000000. 00 question how many people will do the test and get out today theres obviously pressure on them to bring out more every week and it