Prime time tonight. There is speculation he may claim the title of commander in chief. We shall see. But reports out of the Trump Campaign are that the president will not concede until recounts are completed in states ranging from pennsylvania, where votes are still being counted at this moment, to a couple of others that we have just showed on our screen. Our fox Business Reporters are standing by live in the crucial areas with the latest developments. Pennsylvania, arizona and georgia. Meanwhile, as team trump yells election fraud, there is no talk of one thing. Foreign hacking. We have got the ceo of the company that state and local governments turned to for keeping their Ballot Systems safe. Matthew principles is he mathew prince is here on that. We wrap up the strongest week in seven months. The october jobs report, we will show you that, big gains but also signs the Pandemic Recovery may be slightly slowing. After a big runup this week, the Dow Jones Industrials down 116, less th
War in yemen is taking on children u. N. Says tens of thousands are suffering acute malnutrition and the risk of death is high. Im going to ask over the sport as paralympics printhead breaking his appeal to use prosthetic legs to try to qualify for the pics but he plans to fight the decision which he believes is based on the basis well. So then with exactly a week to go now before the u. S. Election theres been a surge in early voting in part due to and in spite of the coronavirus pandemic more than 63000000 americans had voted by monday night already 4000000 more than all the early votes cast in 2016 and National Polls are giving democratic contender joe biden a solid lead although its a lot tighter in some battleground states with a coronavirus pandemic continues to cast a shadow over proceedings infections surging with some states concerned about the lack of hospital beds and nearly half a 1000000 cases have been confirmed in the past week alone with more than 225000 deaths since th
500 futures up about one third of 1 . Ftse futures higher by 2 10 of 1 . Unbelievable to see a zillion euro in the mix a resilient euro in the mix. The story is the equity market yesterday. The more cyclical sectors, bottom of the pile in the u. S. And europe, Energy Stocks having a tough time of it in 2020. Annmarie they have. Both sides of the atlantic, energy getting pummeled. That brings us to bp results. The first of the oil majors to report earnings kicking off the week. Adjusted net at 86 million. The estimate was for a loss of 116. 8 million so that is something that will boost bp. Is expected to fall in the fourth quarter. So far, it is not looking too bad. Analysts were expecting a loss because right now, the refiners are having trouble turning a profit because demand is so low. When you turn that crude into things like gasoline, the demand is not there. The volatility buying all the oil and selling it at a higher price, that saves a lot of these majors in the last quarter an
Expectations, both stocks falling. We mentioned somebody was listening in on the Conference Call and it caused that trader to hit the sell button we wont tell you which trader it was just yet. Tim, it wasnt you what did you make of the Conference Call . I think you have a case here where clearly the numbers on the headline looked fantastic. But what was really causing that, that was about provisions, that was about credit quality. Which, its strange because we were complaining that we were fearful that the banks had bigger credit issues that were being possibly seen on the headline and therefore they were putting aside the major reserves what jp morgan look, that beat was a combination of some very strong Investment Banking and fic business but alsos the provisions that came down. Thats something we should everyall be encouraged about with banks bus i think there is more where that came from. But there was some sense this was the only reason. Net margins fell 14 basis points i think ba
Elusive. And suppose he says the house is. Transformed samsung into a global tech giant has died. Paul lets take a look at the markets right now. The asx in australia has just opened for trade at the start of the new week. We do have a staggered open. Pretty hard to get a bead on things. Pretty flat at the moment. We are waiting for cocacola to open on the news of this deal that the European Partners are moving to acquire the Company Valued at 9. 3 billion to underscore some of the consolidation going on. The aussie dollar holding a threeyear gain as the u. S. Stimulus talks continue to drag on. U. S. Futures looking a little weaker as well as nancy pelosi and mark meadows but he might accuse each other of quote, moving the goal post. Nikkei futures are pointing weaker as well. That is going to be a busy earnings week in japan. Starting off with kanaan reporting today with cannon reporting today. Lets start off with china at where the leaders are gathering in beijing to map out the fiv