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To find out whether those that it owes money to will throw them a lifeline or claw the money back at any cost. Steinhoff may not be a household name to you. Let me give you a bit of background. Its origins are in the furniture business in germany in the 60s. But its now a global giant, with brands across europe and the us. Alarm bells were ringing last week when it failed to publish its financial results. What we did learn is that its grappling with a seven billion dollar hole in its finances. Little wonder that the regulators are now taking a look. The value of shares is down 80 since the new...

Yours biggest bank. Europes biggest bank. Europes biggest bank, hsbc, has reported a big jump in profits for last year. But its mainly because its been able to shake off the huge costs the company has faced in restructuring after a string of problems. It means there will be a strong base to build on when the new chief executive, john flint, takes the reigns from stuart guillver on wednesday. The numbers show that hsbc made a pre tax profit of 17. 2 billion for the calendar year of 2017. Thats up a massive 1a1 on the 7. 1 billion in made the year before. However, its still below expectations. T...

Thats what a lot of vineyards were dreading, 20s throughout a lot of the valley and east bay. Fairfield just dropped to 30 degrees, so we are below freezing in many areas. Parts of redwood city 31, then on the other side 37 degrees. So it just depends. Some valley spots are colder right now because that cold air didnt mix. So we are under a frost advisory around the coast and bay, except in the city of San Francisco. Everywhere else is under a frost advisory, frost likely with temperatures in the 30s. Please bring the pets in if you have not done so. Check on the people you love, be sure they ...

Democrat, are expected to take part in the meeting. He and senator durbin will work as a clearinghouse to field ideas from both caucuses. You can read more at the hill. Com. We may hear more during a White House Briefing, live on cspan starting at 2 00 p. M. Eastern. Henry kissinger and George Schultz and former deputy secretary of state will testify before the Senate Armed Services a minute on the u. S. Nationals 30 strategy. Ive coverage starts here on cspan. President trump will address a World Economic forum in switzerland, the first sitting u. S. President to address the forum since clint...

European markets are well underway and as he has pointed out a number of times they have been of late for our own markets and there they are up across the board. Not bad actually. No, our futures being down is a function of idiocy. Idiocy how about the ten year note yield were right around 210. Yesterday. And also we know if you buy the banks you get some leadership rally and oil goes to 42 they still have no place to put it which is incredible given the fact that at one point we would be in a state of emergency but instead were in a state of glut youre going to pushing and theres not enough p...