In connection to the manchester attack. Further attack may be imminent. The change in the threat level mean theres will be Additional Resources and support made availability to the poliavailab police as they keep us all safe. Legacy issues hurt like for like sales for two of britains top retailers. France still provides a headache for kingfisher, with sales down over 5 while clothing weighs on m s. Good morning. Youre watching street signs as always at this time of the day. Glad youre with us once again. We have another busy show for you. Lets get straight to the European Market action. The ftse 100 a bit higher to the tune of 0. 2 across the board were seeing a fairly uneven picture. The dax is down a notch. The cac 40 is up by two points. A fairly uninspiring trade at this point in time. Lets show you the sectors one by one. You heard it in the headlines. Basic resources the biggest underperformer off 0. 6 . This may be down to the cuts in chinas Credit Rating and maybe oversupply in
Implosion in data in the last 20 minutes. As we open surveillance, what we see is, look at the yields come in. Francine look at the yields, we are in a riskoff mood. Great speech by the anglo gold ceo. Ths saying there is no good out there. Ing tom i would go to the bloomberg terminal and look it up but i have to pay my bill. Francine lets get to the bloomberg news. Heres a funny heres vonnie. The yuan has condemned north koreas launch of a longrange rocket. The Security Council has pledged new sanctions. Taiwan, two survivors from the killer earthquake were pulled out of a toppled highrise building. More than 100 people are still believed to be trapped. Saturdays quake killed at least 37 people. German chancellor Angela Merkel is feeling the heat as she travels to turkey. Merkel plans to urge the turkish government to do more to halt the flow of refugees bound for europe. Theres pressure in germany for merkel to follow other eu countries and turn refugees away. New hampshire votes tom
This is switzerlands number one insurer. Interim ceo guy he has been struggling to turn this around. The reality maybe coming home to roost. Anna they have been trying to equity, and other targets which were apparently thwarted. Guy lets get you the bloomberg first word. Manufacturing pmi has dropped to the lowest level in three years. In atficial reading came 49. 6 in november. Six Central Bank Interest rate cuts in your have not been enough to slow refectory manufacturing. In a historic move, the imf will to its list of reserve currencies. The euro lost the most with the changes. They Australian Dollar held a second day of gains after the reserve bank kept rates unchanged at a record low 2 . Ill ise seventh month makers have left the rates untouched. Morgan stanley is planning to month policyh makers have left the rates untouched. Morgan stanley is playing to cut fixed income jobs. Shares rose on the news. David cameron calling for a vote tomorrow on extending airstrikes into syria.
Hello. This is todays Worldwide Exchange. Im ross westgate. And im kelly evans. Rio tinto shocks the market. The mining giant reveals it will book a 14 impairment charge. And boeing hits more turbulence. This as top rival airbus gets set to report its commercial results within the hour. The biggest retailer in paris talked about sales improving in the Fourth Quarter because of strength in its two biggest hkts. And bank of america and citigroup will report earnings in the u. S. With mortgage lows expected to weigh on results. Hello and welcome to todays Worldwide Exchange. Plenty to get to on the corporate front. Maybe things are getting better. So much corporate thus. Much less of the European Central Bank Crystal Ball action. Well get to all of on those stories. Were going all over the world to bring them to you. Rio tintos ceo steps down ask well ask whether the miners mozambique actions are to blame for his sudden exit. Boeing is set to report 2012 orders. Here in london, well take