Aircraft investigators are 90 certain that a bomb that crashed. The president of emirates tells cnbc the incident will have a lasting impact. The airline has been in its 30 year history so much like this. What happened in egypt last week is almost of a game changer. And u. K. Prime minister david cam rop takes to the stage in the reports. Hes preparing to make a report on a possible e. U. Exit. God morning, everyone. Heres how were looking this monday morning. Friday up 0. 3 . Today were dragged just a touch lower by the auto sector. Energy prices are rebounding. That means the Energy Sector is giving us a little bit of a tail wind. The dax is down. In the currency markets were seeing the dollar losing a little bit of strength. What is this . Maybe a little bit of profit taking after we saw the dollar extending. We got chinese trade data slumping once again. Exports dropping nearly 7 in october which is the fourth straight month of declines and well below forecasts. Imports falling 18
Its official, halliburton buying baker hughes for about 35 billion, and weve got more on activists and the fight for allergan. Forget wasting time at work. Menlo park reportedly developing facebook for your office . Moving in on google, microsoft and linked ins turf, down 3 in the free market. Numbers inside japans recession, gdp down 1. 6 following contraction of 7. 3 in the prior quarter. This week japanese Prime Minister abe expected to announce delaying plans to race the countrys sales tax and call for parliamentary elections in december. Estimate was 2. 2, to the upside. No one expected this to happen. Now a bunch of policy decisions to make. Do you suspend sales tax . This felt like 1937 in our country where they thought, you know, weve done enough to make it so were coming out of the great depression, lets start raising taxes, be more conservative. There are a lot of people saying that, you know what, this was just being prudent because the country itself is so in hock. I saw th