Of hedging backup. People going out and buying protection. The cable rate going nowhere. Youre seeing flattening in the market for treasuries. 1. 82 is how we trade. Time now for the global exchange. We bring you todays market moving news from around the world. From riyadh to zurich, london and washington, our bloomberg voices are on the ground with todays top stories. In riyadh, history is being made. Saudi aramco jumping 10 in its debut, giving a value of almost 2 trillion. Bloomberg spoke exclusively to the ceo of the Saudi Stock Exchange. If the full offering size is offered in the markets based on ,he 1. 7 trillion valuation that is a on. 5 . However, thi changes every day. We are watching the price change over the next four days. But our anticipation of 8 to 9 would be the weight of aramco. Alix yousef gamal eldin joins us now from riyadh. Give us the latest on the ipo. Yousef its been a remarkable few hours. Trillion, to 1. 88 within firing range of the 2 trillion mark, which ha
Morgan stanley also taking down its price target on home depot by 10. Of course, the big event tomorrow in london and england is the u. K. Election. Guy, your outside with the lovely febrile room of st. Paul in the background lovely cathedral dome of st. Paul in the background. Narrowingthe gap between Boris Johnson and competing parties such as labour. Guy exactly. The big news over nice was that the latest poll basically cut Boris Johnsons lead in half to where it was only a few weeks ago. That really is the big story we are watching now. Does this continue into the election . Theres been a lot of talk about the fact that a Hung Parliament cannot be taken off the table. We are going to find out tomorrow at 10 a clock p. M. London time, when the first exit poll is going to come out. Basically, counting ourselves into the election, polls are going to open. The u. K. Is going to vote all day in probably one of the biggest and most significant elections we had for quite some time. As you
Will be Something Like 10,000 times faster in thinking than we are. And after missing last years wimbledon because of injury andy murray returns to compete in the mens doubles today. Good morning and welcome to the bbc news at 9 the two conservative leadership candidates have been challenged to urgently bring forward plans to tackle the social care crisis if they become Prime Minister. A committee of peers has called for an immediate 8 billion pound investment, and a move to a free, nhs based, system. Jeremy hunt has said he accepts more money is needed for care, while borisjohnson said a cross Party Approach is needed. The call comes as both candidates make further promises to try to win over tory Party Members who will decide which of them becomes Prime Minister. The frontrunner, mr johnson, has pledged to recruit an extra 20,000 Police Officers over three years if he becomes pm. Mr hunt has promised to offer mps a free vote on whether to lift the ban on fox hunting in england and wa
Now on bbc, thursday in parliament. Hello, and welcome to thursday in parliament, where the government says it will appeal against a court ruling on arms sales to saudi arabia. Labour says the government didnt check properly whether saudi led forces were ta rgetting civilians in yemen. That the government has failed to carry out such assessments is a matter i think of national shame. Mps condemn the delay in bringing in a scheme designed to stop under 18s viewing pornographic websites. Does not inspire confidence, which is externally serious, given that this is a matter about protecting children from harmful content. Also on this programme peers attempt to find out whats behind a recent increase in thefts of catalytic converters from cars. And an mp reckons theres no need to walk by ahead of brexit. Will my honourable friend confirm that my constituents in litchfield do not need to stock up with tins of spam or apricots in syrup . But first, the court of appeal has ordered the governme
It really is way to early on this monday on august 21st. Im Katty Kay On August 21st in for jonathan lemire. We begin with the Tropical Storm pummeling Southern California. Hilary is already smashing records for rainfall across california with some parts of the State Reporting nearly 3 inches of rain yesterday. In addition to the Tropical Storm, Southern California residents also experienced a 5. 1 magnitude earthquake yesterday. Officials are reporting it did not cause serious damage, but it did produce several aftershocks. In response to hilary, governor gavin newsom declared a State Of Emergency. Hilary is the first Tropical Storm to hit Southern California in 84 years, almost a century. Turning to politics and new polling shows Donald Trumps hold on the Republican Base is as strong as ever. In a yougov survey, trump leads ron desantis, 62 to 16 . In third place is entrepreneur Vivek Ramaswamy. Hes at 7 . All the other candidates at 5 or less. Among them, the poll shows they trust t