To be in talks with the u. S. Government to avoid a sale. Lets get started with the quick check of the markets. U. S. Futures coming offline. Down given the rally we saw in the regular session. There was really solid buying throughout the session. A big reversal from the selloff we saw yesterday. The s p 500 saw the best day since june. 500 sectors11 s p up led by tech. Higher. T was also the nasdaq gained. And headingalling toward the 37 per barrel level. This is after it saw the biggest jump since june. There has also been expectation that u. S. Crude stockpiles would extend their streak of declines. We are waiting for the brent open but we have seen it back above 40 per barrel. Of the oil ande gas names here in asia. Lets look at how asian markets are setting up for the day given that we had a rebound we saw in the u. S. Most stocks ending off the session highs. Just half ais percent higher. Sidney futures looking much more positive. We are also getting increasing nervousness when i
Lets start with some Retail Therapy and if youre a shop owner you probably need it. A new report says top destination shopping streets can still thrive in select parts of new york and london. But this is a far cry from the rest of the Retail Sector which can feel like its fighting for survival. According to a recent prediction, amazon is expected to control nearly 50 of the us e Commerce Market by the end of the year. It also became the Worlds Largest retailer this year, surpassing walmart. In the us, 2019 has been dubbed the retail apocalypse some 8,600 stores will have closed by the end of this year. Its a pattern thats being repeated elsewhere. |n the uk, 1,234 high Street Stores shut in the first half of this year. But shops are starting to move away from just selling things they are begining to offer an experience instead. From things like pop up shops, where customers can try out products, to technology firms, like samsung and apple, who are offering a Customer Service like the g
Bond traders price of fed rate cut one month earlier in november ahead of todays key u. S. Jobs report. Apple jumps after hours as it forecasts a return to sales growth. The iphone maker announcing a 110 billion Share Buyback, the biggest in u. S. History. In europe, the focus switches to banks with french lenders in the spotlight. Socgen reporting a profit beat as equity traders help lift results. A beat across the french lender. First quarter net income coming in at 1. 9 billion euros. Profits comfortably above the estimates of 1. 5 billion euros. Full year underlying net income at 6 billion euros. Rev knows for the First Quarter, 6. 8 one billion euros. Above the estimates for Credit Agricole in terms of some of the other details around this earnings picture. The Investment Banking side of the business also coming in with a beat. Upbeat in revenues, profits, in terms of the Investment Banking side of the business for Credit Agricole. The stock is up 13 year to date. The deputy ceo o
The search giant. The iphone turns 10. How the device changed the world as we know it. First, to our lead. A cyber attack similar to wannacry spread around the globe this week infecting , computers in dozens of countries. Companies like wpp and mercy were all victims. Its been carried out by a virus called petya. It locks into systems and demands 300 and bitcoin to regain access. We talked about the severity of the attack and what can be done to prevent future breaches. Chris the real story here is the evolution of ransomware. If we did see a global we did see a Global Ransomware attack, but the way we have seen this attack work, its gone from single instances where you users would get phished to wear now you have hybrid attacks. This Ransomware Attack used an exploit that we saw a few weeks ago, but its now using different types of exploits to go after user credentials and attack machines that arent necessarily unpatched. That was the case in want to cry wannacry. We are now seeing th
The search giant. The iphone turns 10. How the device changed the world as we know it. First, to our lead. A cyber attack similar to wannacry spread around the globe this week infecting , computers in dozens of countries. Companies like wpp and mercy were all victims. Its been carried out by a virus called petya. It locks into systems and demands 300 and bitcoin to regain access. We talked about the severity of the attack and what can be done to prevent future breaches. Chris the real story here is the evolution of ransomware. If we did see a global we did see a Global Ransomware attack, but the way we have seen this attack work, its gone from single instances where you users would get phished to wear now you have hybrid attacks. This Ransomware Attack used an exploit that we saw a few weeks ago, but its now using different types of exploits to go after user credentials and attack machines that arent necessarily unpatched. That was the case in want to cry wannacry. We are now seeing th