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June 29, 2024
12. 5 billion into its second dollar denominated bond show of the year. The markets from with our guests. If we look at the tadawul, we do not see a major reaction. 1 , but wes down have the insurance sector performing extremely well today. We have an index composed by 33 members, a good number, a good sample of the saudi market and rising 4 to the highest level since march. Some of the names within the it was theup 10 to best performance for the w in seven months. Theres clearly an idea between...
June 28, 2024
Missing revenue targets. Shares sinking after hours and supplies fall in european trade. A shot in the arm for novo nordisk, profits beat forecasts and the drugmaker raises its outlook. Hugo boss shares fall out of fashion sinking to the bottom of the European Market as investors shrug off better than expected earnings. Good morning. Great to have you with us once again. We have a jam packed show for you. We have plenty covered for you from earnings to the outlook for the middle east. Lets kick ...
June 28, 2024
Legal firm. Oil, every debbie National Company posted its first profit since 2016. We asked how they did it. Are very happy with the result after two years of a Transformation Program that we gained the benefits of 3. 6 billion. We have seen the result in the First Quarter. We are very happy with the result. The business is much more lean and focused. We should get the benefit of that going into the future. We also had discussion of potential asset sales. Is that still on the table now that you ...
June 28, 2024
First, Abu Dhabi National oil Company Posted its first profit since 2016. We asked how they did it. We are very happy with the result after two years of a Transformation Program that we gained the benefits of 3. 6 billion. We have seen the result in the First Quarter. We are very happy with the result. The business is much more lean and focused. We should get the benefit of that going into the future. We also had discussion of potential asset sales. Is that still on the table now that you have r...
June 28, 2024
Of edged up yesterday. Jamie dimon am i too early in that promote . Yes, you are permeant yesterday, you got me all confused. Im all over it theyre producing a lot, but theyre not but they dont have the pipelines. Lets get to the road map this morning. Well get to oil but for now, were going to talk markets. The dows win streak is at 10. You saw their futures are looking, at least for a lower open plus, Michael Koors and ralph lauren delivering some upbeat news you got that right, upbeat for the...
June 28, 2024
Live at from bloombergs u. S. And asian headquarters. I am betty liu in new york to read it is just after 7 00 p. M. 7 00 a. M. Ust after here in hong kong, i am shery ahn. You see equity markets in the u. S. , relative calm to trumpet dismissing his two advisory boards. The u. S. Dollar did take a hit, especially from the fmoc minutes worrying about inflation. Hold we did see them gains after those minutes came out. On a day it should have been the minutes at the top headline, but it was what w...
June 28, 2024
Corruption verdict. That verdict is going to be closely watched in south korea. Markets are waiting with bated breath, on the fed speakers at jackson hole. Be payingen will attention to tomorrow here in the u. S. There were some jitters in the markets. Ceilingk about the debt rattling investors. The dow off 30 points. Off 1 . Aq also s p down 2 10 of 1 . The declines are there but not as much as you might expect. Most investors are on the sidelines awaiting janet yellen and her comment. Yes. We ...
June 27, 2024
Shells profit slides but the oil maker out maintains its outlook. Confidence signal [inaudible] we are talking to the ceo, the first here on bloomberg. And the fed. Sitting tight. Taking a waitandsee approach as it awaits clarity from the white house. Avp [inaudible] we are less than half an hour from the European Equity market. We will focus on all of the news as we work our way through. Weis start off with the screen. It is pointing to a negative stock. London looks like it will outperform a l...
June 27, 2024
Rebuild relations. Marketshis is bloomberg middle east. We just saw the end of the First Quarter in the u. S. And europe. Lets take a look at how markets performed friday. Cautious tone. People usually dont want to begin building new positions. Stocks hiteuropean 600. About 0. 5 up. Take a look at what happened. 5. 7 over the full quarter. Best quarterly performance since 2015. Again, look at european stocks. Up almost 5 . Pretty amazing. Yousef it has been one of the quietest quarters in a long...
June 26, 2024
Has a few more steps to unlock a 12 billion loan. This 5 00 a. M. In london. Welcome to the program. What a dramatic few days it has in for the british pound. Losing as much as ex. 1 . Lets look at a chart i have crafted for use or you can look at the scale and scope. Fall in theing at a span of two minutes. A 31 years low, the biggest fall its 2009. We are looking at the numbers, the data. There was a dry patch in liquidity. The rhetoric on the socalled hard brexit playing in as well. Underscor...