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July 16, 2024
The c. W. Business. Has announced a loss of 3100000000. 00 euros for the 2nd quarter of this year its being attributed to the cost of a big Restructuring Plan announced earlier this month germanys biggest lender is drastically cutting back its Investment Banking operations with a loss of 800000 jobs c. E. O. Has already taken significant steps to implement that strategy. Lets bring in our correspondent. In the frank. Used to bad news from Deutsche Bank at a loss of 3000000000 euros that is monum...
July 16, 2024
Sustainable to take eco products Michael Institution goes for. This interview business welcome to the Program German Business Leaders warning britains incoming Prime Minister to avoid disorderly breaks it was johnson take selfies post later today having promised to get the u. K. Out of the e. U. By the end of october quote. The German Association of chambers of commerce commerce and industry points to figures showing imports from britain fell by 6 percent between january and may it says uncertai...
July 16, 2024
Deutsche banks restructuring cost went to 5 billion euros and push them to its 4th net loss in five year and shares rise for the second day a 3. 4 billion euro takeover bid. Well, as you can see, italian bank stocks are rallying this morning. The highest level in over two years after italy avoided eu disciplinary action. It expects the country to fall in line while they promise to reduce the deficit over the next two years. You can see there are almost 2. 8 unit credit particularly well this mor...
July 16, 2024
Is 4 years in power but all the change at the top ranks of days for generic greeks will go live to athens. And troubled Deutsche Bank is cutting 18000. 00 jobs germanys biggest game that is counting on a dramatic lease truck sharing to stamp huge losses will get the lowdown Business Correspondent. Hello im christine one to welcome to the program the 29000 womens world cup has ended in france and the United States have successfully defended their title off to beating the netherlands 2 nil Megan R...
July 16, 2024
Viviana july is here. The fomc has signaled rate cuts may be coming. Clevelands fed president shares exclusive insights on the policy outlook. I think the fed funds rate is about at neutral right now. Viviana plus, expert perspective on what is ahead for the global economy. I think the market is getting a little bit greedy in terms of rate cuts. If these escalate, there will be a global recession. Viviana it is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your...
July 16, 2024
18000. 00 jobs germanys biggest name the is counting on a dramatic restructuring to stamp huge losses will get the no doubt about Business Correspondent. Hello im christine bundle while come to the program. The Opposition Conservative Party has won greeces general election new democracy. Case says hes been given a clear mandate for change the election was hold 3 months in the office of the knife suffered heavy losses in mays european elections his new democracy took 39. 8 percent of the votes th...
July 16, 2024
His view on rates. Criticism of the fed, President Trump renews his attacks saying Jerome Powell and his team dont have a clue. Lets look at how markets closed. The dow fell for the first time in five sessions. Session,thin trading after the Independence Day holidays. S p 500 down. 2 , led lower by health care and utility stocks for the main focus during the session was on the very strong u. S. Labor report. 224,000,ayrolls rising leading expectations to pare back some of the fed rate cuts. You ...
July 16, 2024
18000. 00 jobs germanys biggest fan base counting on a dramatic restructuring to stamp huge losses will get the lowdown about business for us funding to. Play. Hello im christine will welcome to the program. The Opposition Conservative Party has won greeces general election new democracy. Takis ses has been given a clear mandate for change the election will score 3 months in the off to the left suffered heavy losses in maines year ph elections his new democracy took 39. 8 percent of the votes th...
July 16, 2024
Finance minister. President trump says Jerome Powell and his team dont have a clue. Haidi we saw shery we saw a downfall while the s p 500 was down. 2 of your declines on the s p 500. We have a very strong u. S. Jobs two hundred 24,000, beating expectations. That leading to traders curving back the fed rate cut expectations to the treasury yield, the 10year yield come at least 2 , and equity markets fall from highs. We see futures unchanged at the moment. Shaping upow we are for the asian market...
July 16, 2024
Trade talks. How long can the relief rally last. Cuts at Deutsche Bank. Jobs aser could slash part of its Restructuring Plan. Investment banking likely hit the hardest. European leaders pull another allnighter in the search for the next European Commission president. Is the momentum with the dutch socialist . This is the European Market open. We are less than half an hour away from the start of equity trading. Lets look at futures. No surprise after the g20, after the truce, after the huawei sur...