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turmoil is spreading. credit suisse will borrow almost $54 billion from swiss bank. the bank stock surging in the first few minutes of trading today in europe as shares plunged to a record low on wednesday after getting cut off by its biggest shareholder. anna stewart is live in london. markets are now open there. what is the latest? >> reporter: i think that we're seeing a bit of relief now on the european indices particularly with the banking stocks. let me show you how the european market opened. all the major indices are higher by around a percentage point led by the smi in switz...

The next few hours. not great timing perhaps for the ecb, but i'm sure that they will want to talk about the crisis that we saw around credit suisse and slump in the banking stocks yesterday. will they still increase rates by expected half a percentage point. i don't know. they may have to increase it by lessor cancel the rate hike all together. i think other central banks will be watching this very closely. because next week is busy, we have the bank of england and the federal reserve and even the swiss national bank all making rate decisions. >> and you can bet all those policymakers will be...

From coronavirus in a single day for the first time since the start of the pandemic. former us president barack 0bama has confirmed he will attend the cop26 climate change summit in glasgow. he willjoin current president joe biden and more than 120 heads of state at the conference, which gets under way on 31 october. cop26 will be the biggest climate change conference since landmark talks in paris in 2015. let's speak to rob jackson, professor of environmental sciences at stanford university. he's also the chair of the global carbon project. good to see you, thank you for being with us. what i...

Do about the middle east, gun control, we'll see, maybe she doesn't want to deal with that. there's no doubt about that. >> everybody gets a car like two chickens in every pot. >> i'd rather get a car. >> stand by, guys. other major news we're following right now. we're standing by for the start of landmark talks, historic talks between north and south korea. cnn's will ripley, he's near the scene. we'll go there live right after this. there are two types of people in the world. those who fear the future... and those who embrace it. the future is for the unafraid. ♪ all because of you ♪ ...

>> all right. thank you all. >> thanks. >> well, the president has called for it over and over again and now a u.s. official says the fbi is investigating the clinton foundation for allegations of corruption. >> plus, landmark talks between north and south korea just a few days away. could this be a sign that their relationship is thawing now? >> could the u.s. relationship with north korea be next? make something for dinner.