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Package. El wanted 500 billion, but the hardliners were said to be pushing for as little as 350 billion. Grants ase amount in opposed to loans that countries like italy, that stricken, would have to pay back. Bloomberg eulling hardliners are ready to accept 390 Million Euros in grants so a deal can be done. A mixed picture for stocks amid a spread in coronavirus cases. Infections hit a daily record as a u. S. Congresswoman calls floridas outbreak out of control. Underways in getting in europe. We will see how the pandemic impacted phillips when we get their earnings and we had to zurich as the...

In the u. K. , Prime Minister Boris Johnson defends his handling of the crisis. Phillips is set to produce 15,000 ventilators per week to ease shortages. This phillips number coming through. In terms of what we are looking at, 4. 2 billion euros. Estimate 4. 16. A little bit off a beat. Phillips said it wont provide 2020. Pecific guidance one of the questions, whether they would suspend that guidance for the rest of the year. They could not really quantify the impact or duration. Manus they had gone for a comparable target this year of 46 . They are aiming for cfg. Rise in 2020. In First Quart...

7 00 if youre watching in amsterdam. Get to the phillips breaking numbers. , 374 quarter adjusted million euros. They are saying that the lighting separation process is well on track and that is a key topic of conversation. They are trying to exit the lighting business. Whether that is an ipo or a sale. How well is the medical equipment part of the business doing as they are trying to suffer out the lighting separate out the lighting part . They are looking to streamline their costs, adding on Servicing Agreements and incorporating more technology into their health care products. They have hir...

Influx of refugees. Lets start with breaking news. Were waiting for results to come across the bloomberg terminal. This is regarding their exposure to china. In terms of numbers, we are waiting for those the break. The separation process is on track. Here we have the thirdquarter earnings, earnings for interest and tax amateurs asian amortization. That is in line with analyst estimates at the moment, and it is indeed grow from the previous year. They say they are updating on the transaction. We will have to dig into that. Remember, in their last set of earnings when we got that update, they di...

Either in northeastern u. S. And prepare for emergency. We have several hundred National Guard and will be stationed in new york city and long island area primarily. Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. A warm welcome. We will be speaking to the new ceo following the companys firstquarter results breaking right now. We will be speaking to the philips ceo for his first interview of the morning. And their earnings are coming fast. Just into the bloomberg terminal. First quarter matched analysts estimates. Upset by gains in other divisions. Profit from soc...