Company announces a 1 1. 7 billin charge from the deep water horizon disaster and says Cash Payments for cases will rise to 3 billion in 2018. Shares in hugo boss jumped after they beat sales expectations amid strengthening u. S. Markets and robust online trade. And asian equities swing back as china fixes the one mid point at the strongest level against the dollar in two years. U. S. Futures point to a big open for the dow after a long weekend there. Good morning it is tuesday. You can see the handover from asia was strong overnight. Hang seng has made new highs up 1. 1 , on track for the highest close on record. We also saw good performance from nikkei up 1 in overnight trading. Topix had a decent session overall for europe the picture is more positive stoxx 600 up around 0. 1 lets switch into european markets and see how things are shaping up there ftse 100 is the laggard there. We get uk inflation data in a half hours time thats expected to dip a bit xetra dax up 0. 2 . Cac is flat
Johnson joining us from our european headquarters. Headline number for me unchanged. Guy they will keep the they purchase facility are saying they do not have enough information to make a decision at this stage. Maybe at the beginning of august we may see a rate cut. Sterling has picked up on the back of that, no rise to see what is happening. We will have to wait a few more weeks before we get that decision. Everybody waiting to see what will happen. I do not know a reflection of whether they believe a rate cut will have zero impact on the u. K. Economy, or want to see the effect of the brexit referendum story will have. It a stronger pound, kneejerk reaction in the fx market, yields higher off the back of the 10 year gilt yields around 0. 7 . Is this to do with a lack of data . All we have is a confidence survey. A bit of data but not much. Sentiment about consumer there are not much indications that some businesses are delaying investment and hiring, some signs pretty brexit vote st
Reporter police have since arrested 51yearold Yakubu Abdulazeez who was allegedly caught in the lounge. This mom questions how long these alleged acts were going on and if there could have been other victims. If he did it to her, half the kids cant even talk. They dont have a voice. He took away her innocence. He took away her trust in people. That was wrong of you. And you will pay for this. Abdulazeez has no prior arrests. Hes set to appear before a judge tonight. Aj ross, channel 7 Eyewitness News. Just heart wrenching. Thank you, aj. An arrest tonight in connection with a destructive fire in new jersey. Three adjacent businesses were destroyed in the fire in keyport last friday. 28yearold andrew meyer is working without a permit. He was doing roof work on one of the buildings before the fire started. A raging fire ripped through a home overnight in Suffolk County. The fire broke out in a house on west smith street and North Amityville just before 1 a. M. By the time firefighters ar
Women are being victimized all over the city and most dont even know it. A warning about a crime spree. Its called upskirting. Steve pictures of women when they are walking up stairs. Jeffrey is in the village with what women should be on the lookout now that the weather is warmer. Reporter unfortunately thats the nature of the warmer weather. You do have people who will take photographs of women without them knowing it it. In march alone five people were arrested for doing it. Its a problem that has become so worrisome the manhattan d. A. Has put out a social Media Campaign again to the crime of spring is upon us and new york are shedding those extra layers the manhattan d. A. Has her for women you could be unknowingly exposing yourself decrease with cameras. Its good to know about it and i will start taking the proper measures when im wearing a skirt. You have to be carefully been going up the escalator. Reporter new ads are warning women of the crime of upskirting to report to autho
Up for cleanpowersf i think that commissioner courtneys point we want to make sure that every avenue exfoliated to get interpose e people into the program and theyre telling their friends and not get lost in the overall puc program. How long to build a twitter follows they have over 8 hundred formals. Thats been dormant and we have about 13 thousand followers on the cleanpowersf. The hash tag clean power. Right . What. The hash tags will cross the traffic; right . So, yeah that is the request and if you can keep us posted on the piece i think the wanting to do this marketing and activate the social commitment it is important. We have a couple of good things general manager kelly mentions for getting ready for a grassroots using video for signing up and ill be happy to to share that with you. That sounds like great, thank you. Anything else so theres an item action item before you is p there oh. 18 sorry. So next item, please. Item 18 for the general manager to seek the board of supervi