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You are very welcome to the pulse. European leaders are speaking openly about the possibility of a grexit and say they now have a detailed plan in place in case black scenario happens. They have said sunday is the deadline for greece to accept a rescue or risk in booted out of the euro. For mroore we are joined by guy johnson in athens and hans nichols in berlin. Hes i nn brussels, excuse me,. Lets talk to guy. Guy, obviously, these banks are still close. Whats it like in greece at the moment . Guy well, people are beginning to wonder when they are going to open. What is interesting is youve g...

Further support. A final deadline of sunday to prepare a new package of reforms as the block is prepared for a grexit. Microsoft is taking an ax to its work force again. The fresh layoffs will impact the hardware and smartphone business it acquired from nokia last year. In a surprise move barclays announced the departure of Anthony Jenkins. The search for a new ceo takes place. He said we are leaving value on the table and a new approach is required. He added that independent executives had concerned about jenkins leadership style for sometime. Shares under his tenure out performed all over u....

Hello from sydney where it is just past 8 00 a. M. Betty it is just after 6 00 p. M. On this Labor Day Holiday in new york. The top story today, the tensions that continue to rise after north Koreas Nuclear test over the weekend. The u. S. Calling for the strongest possible sanctions on pyongyang, saying kim jonguns regime is begging for war. That is from nikki haley, u. S. Ambassador to the u. N. This is expected to be a holiday weekend. It has been anything but for the president and his aides. Spoke to trump his south korean counterpart hours after the test by north korea. What came out of t...

Rishaad we want to bring up a chart here, showing what has been happening after the force we have seen of late, and a look at the tensions. Have broughtns other stocks into favor, while inside and the mainline in china, we have seen this a share against h shares in hong kong. The premium of those ashares expanding to kong the widest since july of last year. This is down to north korean inspired risk aversion weighing on the equity market. The hang seng retreating in line with. Stocks. Therehai composite we go, some investors suggesting ashares could outperform by the years end. That is just a ...

Minister is revving up for a major speech on the exit. We dont know when it will be, probably before the Tory Party Conference in the first week of october. It makes the negotiations more difficult on the one hand because it will upset the eu side is even during the transition period for two years after march 2019, even in that time the clamps will come down and low skilled workers will not be able to come to the uk and there will be freedom of movement being curtailed. On the other hand it will please some restive tory mps who want brexit, some labour mps who want it despite the position of t...