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Welcome to the pulse. Im francine lacqua. If filtered through here in the european stocks. It we opened lower. In the last 20 minutes we saw complete reversal tiered the dax is gaining. European stocks are rising. We are seeing some haven buying. Oil still dropping. Did the screen for you. This is china trying to stabilize the yuan. Lets get to the bloomberg first word news with nejra cehic. Take it away. Nejra chinese stocks have extended last weeks plunge. Thees data fueled concerns slowdown is deepening. Extending declines to a record 46 months. The cost of borrowing has jumped by the most on record. Followingy suspected intervention by the chinese banks. The biggest ever ipo. Jpmorgan and Deutsche Bank are in position to win a role if saudi arabia goes ahead with the offering of aramco. They are considering selling parts of the business. David bowie has died at the age of 69 after battling cancer for 18 months. He was one of th ....