We have had six weeks of gains free u. S. And european equities. The longest run of gains like that in two years. The s p 500 hit another record on friday and we look to be on the front foot albeit in a muted fashion today. The seven that cut to day reverse repo rate in china which made the list in particular chinese equities. The 10 year yield dropping last week. We slid down from ed handel we had on november 7 and now back up basis point. What it will take to take us back up to 2 . A crucial few weeks ahead as weve had some positive news on andu. S. China trade talks Boris Johnson said all conservative candidates will back his brexit deal if he wins the december 12 election. Of course his party leading in the polls the moment. Coming up we will speak to u. K. Labour party leader Jeremy Corbyn. Dont miss out at 1 00 p. M. U. K. Time. We begin with evaluation target for aramco with saudi arabia to add as low as 1. 6 trillion per thats well below the much touted 2 trillion. It would all
May. Ease trade tensions. This is the euro stoxx 600,. 8 her, eurodollar 110. 2 1. 1024. 1. 78. S. 10 year yield up at theup, the president Info Institute for economic research. It is not having much of an impact on eurodollar. We will see what that means for the health of the european economy. Thatn Business Confidence 95, in line with continent estimates. Lets get to the first word news in new york city with Viviana Hurtado. Green to buy is a tiffanys for over 16 billion and the deal is for 3500 a share. Lvmh isnt as dominant in jewelry as fashion or cosmetics. The taiex gives it access to 160,000 hearings 160,000 diamond chains and the deal is expected to close 2020. Michael bloomberg is running for president in 2020, joining a mix of race and brings a moderate policies and experience and business. The 77yearold says President Trump is an existential threat to the u. S. And its values. Michael bloomberg is the founder and majority owner of bloomberg lp, the Parent Company of Bloombe
Issuing boarding passes as soon as next year. Voiceover live from our studios in london and singapore, this is bbc world news. Its newsday. Its midnight in london, 7 00am in singapore and 9 00am in melbourne, where the Victorian Court of appeal is set to deliver its ruling on the case of Cardinal George pell, the most senior catholic found guilty of sexually abusing children. A jury found pell guilty last december of the sexual penetration of a child under 16 and four counts of committing an indecent act with a child. He was sentenced to six years in prison, but his lawyers appealed in the hope of having the verdict overturned or a retrial ordered. Lets have a look at the outcomes we could see today. If the panel of three judges decide that there was insufficient evidence for the jury to be satisfied beyond reasonable doubt, then the convictions would be quashed and pell would walk free. If the court agrees with pells lawyers that the judge made errors in his handling of the original t
As next year. Voiceover live from our studios in singapore and london, this is bbc world news. Its newsday. Its 1 00am in london, 8 00am in singapore and 10 00am in melbourne, where the Victorian Court of appeal is delivering its ruling on the case of Cardinal George pell, the most senior catholic found guilty of sexually abusing children. A jury found pell guilty last december of the sexual penetration of a child under 16 and four counts of committing an indecent act with a child. He was sentenced to six years in prison but his lawyers appealed. Joining me from melbourne is our correspondent phil mercer. Now, feel, you were there at the court. Just as this appeal was dismissed and read out. What were some of the ground behind it . This has been described as one of the most important legal decisions australia has seen for quite some time. There were parked court rooms and an overspill room here at the Victorian Court of appeal for the decision. It began at 9 30am local time and within
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