The British Government told businesses today to be ready for big changes when the u. K. Makes its final break from the eu in one month. Opec and its allies need more time to reach a deal on Oil Production policy. A meeting today broke down today without any agreement. Again ministers will try thursday to allow more time to figure out whether to delay a planned increase in output starting in january. Supporters say the market is too fragile to absorb more oil. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Treasury secretary Steve Mnuchin and jay powell testifying earlier before congress on the cares act. Itsla says the fed will use tools until
Were up, and then lifted nicely at the pfizer announcement, 1. 11, up 12. We are near dow 30,000. To me, the clarion idea is that the vix is peeling away the fear , the volatility that is out there come up with a vix at 22. 01. Jonathan wejonathan have been doing that since the election, and the move got a big boost of the pfizer news from last week. The final efficacy rating, and the number is decent. Lisa 95 , better than the initial read last week of 90 . S is the mark on brands this is the more comprehensive data. Of over 65, so preventing illness. An incredibly good display here. The interesting thing to me is that we are not seeing more of a reaction in markets. It is already baked in, and in fact, you are seeing bond yields a little lower on the day. They are just flirting with this idea that longterm, we are not changing the scenario, even with this incredibly good news. Equity futures are elevated on the s p 500. A big move in the equity market. We stayed elevated over the las
The Senate Confirms Amy Coney Barrett to the Supreme Court. It is earnings galore in europe. Ig oil hsbc, santander. We speak to the spanish lenders cfo. Beach onis, it is a the core earningspershare. 44. Market penciled in 1. When it comes to net sales, they are expected to grow to mid single digits. They are talking about core operating income at a low double digit to mid teens so in terms of the earnings per share, its a beat, but on the sales side, it just comes in below thirdquarter sales. In 12. 4 8penciled billion, so certainly a solid delivery. They are upgrading their core operating income guidance as well. Analyst is parsing the numbers at the moment. We will have he will join the team. That is with jonathan. Bank, the banks have come hard and fast. They beach on their estimates. They said the full year will be around 5 billion in terms of profits. That has improved from 3. 66 on the estimate. Net income, 1. 75, up from one billion on the estimate. Jose joins the team. Emergi
Changes ahead of its big hong kong listing. New controversy for one of wall streets most powerful Investment Banks this time over Sexual Misconduct allegations. And then ditching sin city, yes, ditching it, one of the biggest casino operators in the world on a plan that would focus the company entirely on mccaw and singapore. Youre watching Worldwide Exchange right here on cnbc on tuesday, october 27th, 2020. Viva las vegas good morning im dominic chu in for Brian Sullivan today. Lets begin with stock futures right now showing relative stability after big losses yesterday. You can see here the s p implied higher by just about seven points the dow implied higher by 37 and the nasdaq by 36 not large gains by any measure implied. However, after yesterdays losses they could be viewed as somewhat stable. A closer look at the dow futures over the past 12 hours were well off our session highs as you can see here and just a hair below the lows of the level we saw in the overnight session as yo
A look at the Game Changing discovery that to transform space travel scientists confirm there is a lot more water on the moon than anyone thought. Welcome to the program in the United States Senate Republicans are expected to confirm judge Amy Coney Barrett to the Supreme Court the chamber is currently holding the final prevote debate the democrats dont have the votes to block the nomination judge judge barretts appointment will likely some meant a conservative majority for decades to come. Lets take a closer look at the woman who is dividing opinions across america. From the moment President Donald Trump presented his Supreme Court nominee amy kearney paris has been one of the u. S. Elections main figures for 48 year old catholic and former law professor has publicly opposed abortion and says the constitution shouldnt be reinterpreted but at Senate Confirmation hearings kone parents said she believed judges should stay out of politics. Judges cant just wake up one day and say i have a