Jubilation as the Space Program and a speeding,. This is deep and Scientific Understanding and captured the publics imagination. Im sarah harmon, welcome to the program. Friday sought a roller coaster ride for Deutsche Bank. Share prices on the frank for Stock Exchange after the bank reportedly reached an agreement to settle legal penalties in the u. S. And it looks like they will be paying significantly less than what is expected. The news agency afp says deutsche and the u. S. Government will settle on a 5. 5 billion payout. It might sound like a lot but the americans were originally demanding 14 billion for the german lenders role in the 2008 financial crisis. A big sigh of relief for the bank. The German Government. And perha people in general. For more, i will bring in our colleague from our business desk. Good to have you here breaking down the story. Give us context. How bad is this . The next Lehman Brothers or are they out of the woods . I dont think it is. Despite what they a
Expects them to reach the 2 target in time. Baileys has revealed it is under investigation by the sec. The probe is separate from an existing investigation into the company. Valeant is also facing questions about its ability to cut debt. The Share Price Fell more than 18 . ,lobal news 24 hours a day powered by 2400 journalists. Guy busy morning. Welcome to on the move. We are counting you down to the european open. I am guy johnson alongside hans nichols. Barclays confirming it is selling its African Business. Jes staley telling bloomberg there was a difficult decision. We will break down whether he is making the right move. Glencore posted a 69 slump in profit. Afterl talk Miners Glencore reports that net loss. And the slowdown stevens. Steepens. Fresh figures from china. Alan greenspan tells us that chinas economy will slow even further. , once again, it is about the big banks. Barclays, some comparisons with Deutsche Bank. Hans one thing he did say, the ceo, at the end of that inter
Calling a historic step towards establishing a vast freetrade area comprising 40 of the worlds population. At the close of the asiapacific summit, china underscored its rising trade and diplomatic clout, putting its freetrade area in direct competition with a similar pact of pacific nations under american leadership. The summit also saw a flurry of diplomatic activity with russias president for reputed meeting with these u. S. Counterpart, barack obama. He was able to get a majority of states to sign off on one of his major initiatives. The freetrade area of the asiapacific. It is a landmark agreement which he believes will bring the countries closer together. It represents the confidence and determination and would benefit the economy is on both sides of the persistent. C we all prayed for the death penalty. We wanted the crew members to suffer as much pain as our children did. But, they got just five years and about 30 years for the captain. The ferry sank in april with 476 people on
Applause throw out of israeli lawmakers are thrown out of the chamber for protesting as he spoke. Also coming up in the next thirty minutes the latest from the punters league at runaway leaders pirate munich and didnt have everything their own way against vadra bremen but that the reigning champions and for good reason highlights from that match up more of the weekend for bowling action on the way. Im phil gayle welcome to the program so many social democrats are promising intense and tough negotiations with im ackles conservatives forming a new government in s. P. D. Only narrowly voted in favor of pursuing formal Coalition Talks the party says it isnt satisfied with the preliminary agreement and is calling on its leaders to bring negotiate some of the points possibly putting the s. P. D. On a collision course with the conservatives before talks even start. A special meeting of the social Democrats Parliamentary Group there is relief in the air that the Party Congress has paved the wa
Most glorious stories about motivational change makers taking their destinies into their own hamstrung his new multimedia series. D. W. Dot com africa on the most. The Dow Jones Industrial average takes is biggest nosedive since twenty eleven rattling investors across the globe in the wake of the drop in new york markets in asia tumbled and european indices also began the day in there good of territory are we seeing the opening stages of a real market crash. Well this is the business under how the office in berlin. Many are already talking about a black monday but that might be a bit premature in financial circles this term is reserved only for the most severe of shocks but after a rally that has been going on for many months monday was a busy day of reckoning on u. S. Markets lets have a closer look the Dow Jones Industrial average tumbled four point six percent is the biggest loss for six years and marks the largest intra day decline of all time in asian markets picked up the sentime