Musks promise of making cheaper cars sooner. Stocks gain in asia, pay 69 billion sale and solid demand as a 5 coupon appears allusive. Biden says a will flow to ukraine after Senate Passes and aid package. Lets check in on earnings. Volvo cars with the focus on price and cost cutting. We know sales across europe have been slowing. Volvo cars sees fullyear revenue up at least 15 , pushing forward, revenue is a miss. Logging 93 point 8, 90 4 billion krona in terms of revenue below estimates that had seen shy of 100 billion. In terms of operating income, that came in below estimates versus just shy of 6 billion. Margin is a mess. Just shy of 5. 7, but revenue up 15 , a company we will watch at the open as we contend with softness. Competition from china, price cutting. We will be speaking to the volvo car ceo and president at 7 15 am u. K. Time. And the swiss drugmaker firstquarter sales coming in shy of estimates. 14. 4 billion, estimates for 14 billion, a small miss. We know in terms of
Corruption just a day after a new president was sworn in the nations chambre was detained by the military jet in the takeover that forced president Robert Mugabe from office the high court has also ruled the militarys actions during that takeover were legal as of the headlines and news continues but first its inside story. Sealing the deal bangladesh in man maher region agreement for the padre shin of hundreds of thousands of Muslim Rohingya will it finally solve a decades long problem after a campaign of ethnic cleansing whats left for people to return to this is inside story. Hello and welcome to the show im sam is a done for nearly three months now hundreds of thousands of muslims have been fleeing me and mark their escaping a military crackdown in iraq and state the u. N. Calls ethnic cleansing more than six hundred thousand have been living in makeshift camps in neighboring bangladesh now the governments of the two countries signed a deal to send the refugees back to me and maher
This joint News Conference 45 minutes ago with the Prime Minister. The president also taking the time to attack Health Insurance companies for cashing in on obamacare saying quote hes not going to subsidize them any longer. He also said he thinks he has the votes to pass a fix that includes block grants for the state. But none of it, well see none of it before tax reform is finished. The second step in the tax reform process going on right now on capitol hill, the senate is debating the budget framework that could allow for a vote on tax reform and maybe passage this year. But is the administration pushing congress to rely on tax reform numbers based on fantasy . Or is it fact . Weve got in a fox business exclusive, two former Congressional Budget Office directors ready to face off on whether socalled dynamic scoring will lead to real growth, even though its not based on hard numbers. Don and doug square off. And nfl owners and players are huddling right now in new york city at this ho
Obamacare is virtually dead. What the president says will take its place. Plus the weinstein board of directors just delivering its disgraced cofounder ultimatum, resign or be fired. How Harvey Weinstein and his laura responding right now. Another big meeting underway, nfl players and owners going headtohead. Will everyone be forced to stand for the National Anthem . A live update from nfl headquarters. Among the guests we have howie kurtz, karl rove, judge Andrew Napolitano, a full house. Dow fighting for 23,000 in the final moments of trading. Doesnt look like we got the record at the close as we did earlier today. Nicole petallides on floor of new york stock exchange. What did it feel like down there today . Feels really exciting, melissa and david. You have to note were at dow 23,000. This is the 50th record close. Any gain today was a record close for the Dow Jones Industrial average. For the 50th record close under President Trump, it was exciting to cross the dow 23,000 mark. An
Rishaad asia stocks under pressure, but Global Equities are at record highs. Lets bring up chart 5892. Ly is all amid this extreme low volatility. It is the worlds best regional rally in turquoise. The 60 day volatility in the white line has dropped 5. 9 to the lowest since 1988. In line with u. S. And europe, and the vix markets hitting new lows. The calm, but no storm, at least for the time being. Pause. May be a muted at lofty highs when it comes to emerging markets in asia, japan in particular. I dont think you can blame investors for taking a breather. Lets get it over to sophie with 30 market reaction. Sophie we have corporate earnings perhaps giving impetus to profit taking for japanese investors given those highs. Leadingei 225 benchmarks in asia lower here it asian stocks falling for a second session. I want to highlight the currencies space. The korean won leading losses as importers why dollars. B. N. P. Paribas says it is better late than never to buy the currency as cyclic