warns that the coronavirus outbreak could get much worse as the number of deaths exceeds the total from sars. risk assets retreat, stocks start the week on a down week as wti crude covers around $50. opec says an extraordinary meeting is unlikely. a bloomberg exclusive, french insurer cobia is in advanced talks to buy the agnelli billion business for $9 in cash. it would be a big payday. we are under an hour away on the trading insh equity europe. futures trading down in terms of equity futures. in europe, after a bit of a drop in stocks at the end of the week last week, last week was a good week for stocks in general. for the s&p 500, it was the best in eight months. u.s. futures are going up. they had a nasty friday but looks like investors are willing to bet on the futures monday morning. s&p futures are up .2%. interesting to see those futures moving higher. it did select the ability to get seem the ability to get back to work in china lifted futures. the asian session
Tomorrow. We have great interviews. Will president elect trumpish escher in protectionism, and what will it mean for global trade . We speak to the owner of the Worlds Largest container shipping line. Plus, is the Banking Industry headed for an uber loan . We talk about bitcoin, Cyber Security, and disrupting the banks with the former barclays ceo and the block chain cofounder, later in the show. Gett things first lets to the data check. We have a special guest from asia. This is the picture of these markets. Breaking news out of the iea, saying the opec deal will create on oil supply deficit in the first half of the year. We will monitor that. I wish i had the picture for oil, but overall stocks unchanged. Unicredit gaining 4. 2 . There you go. This is the picture for oil, gaining 3. 2 . 55 point 67. First, lets get to the news with nejra cehic. Plans to raiset 13 billion in an offer to sell off bad loans and slash costs. Italys biggest bank is targeting 4. 7 billion euros net profit
I am mark barton in london. And i am Francine Lacqua, right here in rome. We have been in rome the last three days. When you look at the markets, they seem very calm. Be buying some of the bonds to keep that safety blanket in check. We will find out more on thursday, when i am sure mario draghi will be fielding a lot of questions about the political upheaval here. One thing i keep being told over and over is that investors burned by brexit are still burned by trump, but this time took the right positions. Timetable. Talk when will lindsay step down as Prime Minister . Francine at this point, we dont know. We know that the president met with the Prime Minister, matteo renzi. We understand they met twice yesterday, once in the morning and once in the evening, around 6 00, 7 00 p. M. The second meeting was quite long. It lasted an hour. Matteo renzi tendered his resignation, with the president saying, hold on. I need you to first pass this budget law. Means that failing passing of the law