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Germany is set to rein in public and private parties. Its inflation rate falls further below zero. The ecb may need to do more. Christine lagarde speaks in 90 minutes time. Disney cuts deep. They will lay off 28,000 workers at its resort business, leaving one of the deepest economic scars of the covid era. Welcome to the program. Just gone 7 00 in london. Waiting for data to come out from the u. K. Economy and some news expected from shell. Lets get to the u. K. Data first. This is the final reading on u. K. Gdp, coming in not far away from where we anticipated it to be. Estimate was 21. 7. 19...

Matt u. S. Authorities worn americans to prepare for a can potentially coronavirus outbreak to prepare for a potential coronavirus outbreak. Meanwhile, rio tintos windfall. They report their highest fouryear profit in eight years on a surge in iron ore prices, but the Company Warns of significant uncertainty if the coronavirus persons. And a South Carolina freeforall. Democratic president ial candidates turn on Bernie Sanders and his rivals came to stall the front runners momentum. Matt, let me pick up with whats going on with breaking news this morning. Weve got a number of corporates reporti...

S p and fitch approve their assessment of the u. K. s Credit Outlook, but the pound continues to slide as fears of a Nodeal Brexit mount. Fedex in freefall. The carrier cut its profit forecast for the second straight quarter. Deutsche bank called the results rest taking lee bad breathtakingly bad. A 5050 merger. Of course, one is buying. The others. We will sort out which. They will sell some of their steak but not all in peugeot. Lets get more on that major socalled merger with milan. Ureau chief tommaso i know that pr wants us to believe this is a merger of equals as so many do. Is psa buyin...

Time now for global exchange. We bring you todays market moving news from all around the world. Joining us from hong kong is enda curran, from saudi arabia we have in dipaolo, emma chandra from london, and bill faries in new york. A chinese trade delegation calls off plan to visit to american farms, according to people familiar with the matter, but the chinese official says the cancellation isnt indication of a negative turn in talks, saying negotiations on the agricultural area went very well, and the two sides held throw in candid communication. Enda curran joins us from hong kong. Give us t...

Manus yesterday we broke the news that there was a ratcheting higher in the tariff wars wars. What are the implications . The economy is stable. They will adjust Economic Policy as is appropriate. It really is about the next response lever from china for me. Nejra questions are being asked about whether they need to do more to fuel credit and support the property sector, loosen some of the controls. Some of the reaction we are seeing is not because of pmi, because they show a little more pressure from trade, but more because of the response and the words weve had from authorities today. Manus ...