Page 5 - Bloomberg Quicktake News Today

Anna absolutely. Trade commissioner phil hogan forced to resign because he attended a golf event which had normal times would not be that controversial, but these are not normal times. It is being investigated as to whether it broke the covid rules in ireland. As a result, he was under pressure and had to defend himself. Commissionropean needs to find a new person to fill that very busy trade brief. But this sets a very interesting precedent. Will we see other commissioners held to that . Tom le...

A weaker u. S. Dollar as well. 105. 38 to the japanese yen. Gold back about 2000. 003. 35 an ounce right now. Walmart benefiting from online orders but store traffic was hampered by the coronavirus. The companies cfo said comp sales growth slowed last month as the government relief waned. Lets bring in Morgan Stanleys Simeon Gutman. How did the Company Managed to get margins around 42 . Comp. they had a 9 rising tides lifts all boats, but they had gross margin in the u. S. Swing from down to 200...

Before we get to your morning brief, would you explain to our american audience on radio and this great ruler in britain . Great uproar in britain. Just in 20 seconds, what happened . So a levels are the exams you do that get you into the school or university of your choice if you do well. Nobody took exams this year of course, which meant the government had to put in place a system. People didnt like being downgraded by an algorithm and the process is in chaos. It has caused a huge political st...

Its possible. Nr investors weigh Economic Data against coronavirus investors anna weigh Economic Data against coronavirus warnings. Netflix shares sink on disappointing subscriber forecasts, but the Company Announces its chief operating officer will become its coceo. Bloombergo surveillance. One of the themes in the u. S. Equity market this week has been the underperformance of the nasdaq against the s p 500 after five weeks of out performers against small caps as well as s p 500. We are seeing ...

Americas top Infectious Diseases expert says he is confident we will have a vaccine by the end of the year as infections slow and california and arizona, but florida reports record deaths. Secretary of state mike pompeo praises australia for standing up to china as the traditional allies strengthen defense ties. Shery thats get a quick check of how markets are trading at the moment. U. S. Futures opening to the upside, point 1 , this as stocks fell. We had traders assessing corporate earnings, n...

The hardline view. Said to be ready to accept doling out grants as the Recovery Fund talks stretch into a fourth day. Will the rest of europe be willing to compromise . How will markets react . Stocks and futures trade mixed spread inead in a coronavirus infections. Hong kong hit a daily record as a u. S. Congresswoman calls floridas outbreak out of control. Julius baer kicks off European Bank earnings with a record firsthalf profit. We will speak with the ceo in just a few minutes. An interview...

Even about it. I have seen that today just a little while ago and i said what is this all abo it is just a continuation of the witchhunt. It didnt work out for congress, didnt work out for mueller. It did not work out for anybody so they are sending them out around of the country. It is a typical terrible thing they are doing. The witchhunt has gone on long enough. You mentioned Vaccine Developments. Can you ensure the American People that Politics Around the election will not interfere play a r...

Squash competition. All Companies Report today. An earnings onslaught in europe with results from big banks and oil. Standardto the ceos of charter, Credit Suisse, and shell. Welcome to daybreak europe. Lets get to that earnings onslaught. Credit suisse numbers broke a few minutes ago. Credit suisse is to create a Global Investment bank. We were reporting that Credit Suisse was planning to announce a Major Overhaul of the business. We learned that its creating a Global Investment bank, combining...

Top of his comment on the employees and what theyve done during this crisis. What i see here is best in class confidence. You wonder how the other banks will adapt to that. Call it lets conservative confidence. You can see where the headwinds are. They are going to be with us for quite a while. Lisa they boosted their reserves for credit losses highlighting some of the concerns about the economy. Shares of jp morgan right now and have the open up almost 4 . We will get more of a sense of how muc...

Ins a draw as they say soccer right now. Jonathan im not sure anyone calls Bank Earnings season the great derby. Darby. Y the fixed trading revenue number. Equity sales and trading revenue. Message fromng the the city ceo. Balance sheet a has plenty of capacity to serve clients. This is the continued message that the Balance Sheet is not an issue, this is an earnings issue. The Balance Sheet is still strong. Tom every bank has different language. 20 some billion dollars of cost of credit. Citigr...