Miner and one of its top Power Generators talking about a 267r the could be worth billion. Rishaad noble facing another difficult day after its new york listed shares tumbled, it singapore listed stock at a 17 year low. Indeed, noble sure starting trading again, but lets start off with the big stories of the day. Sterling, the at election in the u. K. Taking place on thursday. What we have been seeing is that these terrorist attacks have not had that much impact when it comes to the polls, and indeed by influence, what is going on with sterling. Sterling has been beholding to the polls in a different sense. Show how as the labour party has been doing better in recent weeks, recent days even, we have seen of oars weakness for sterling. True when we had of course the pound weekend for the tories, so an inverse relationship if you will. It seems these terrorist attacks do not have a huge political implication running into that thursday poll. Side i suppose the other you could look at in t
They include the audi and porsche. Welcome to countdown. It is a busy morning. Let me walk you through where we stand right now. The Banking Sector is front and center. The the news from Standard Chartered rocking the banking world this morning. Bill winters is cracking on with changing this institution. Let me show you the share price reaction. Standard chartered, from top to bottom, 8 drop in hong kong. We will see how we trade through here in europe. Ubs has just been breaking as well. In terms of the headline numbers, we had a net income 07 billion swiss franc. Looking through the numbers, i would say that the Asset Management division has slightly underperformed. Few misses,is a a few gains. Manus cranny is going to be talking to the ceo later on. Really looking forward to hearing what he has to say about his bank and where it goes from here. 6 45interview coming up at london time the a big focus on the banks in london and in europe and in hong kong. Lets get the details on how as
Stocks declining. They are alike lower on oil prices. Tom lots to talk about, not only the markets, but look just across the bloomberg hd screen, francine. European unemployment coming bon stocks declining. They are alike lower in, and that was off that german unemployment. Its a shift from challenged markets with a good economy. Francine yeah, pretty good. Maybe pretty good is too optimistic, but the overall jobless rate decreased. So it is a little better than expected. Well itake it. Lets get to the first word. Vonnie thank you. The first test of the president ial campaign ended up with surprising results. Ted cruz won the republican vote while Hillary Clinton edged out Bernie Sanders. Cruz upset donald trump 20 to 24 , and marco rubio did better than expected with 23 . Victory for the grassroots. [applause] tonight is a victory for courageous conservatives across iowa and all across this great nation. Caroline meanwhile vonnie meanwhile, Hillary Clinton failed to get a decisive vic
Regulators. The headway number in just a few minutes. And is italy headed back to reception . This as german Industrial Orders see their largest drop in three years. 6. Announcer youre wachgs worldwide exchange, bringing you Business News from around the world. This is whats coming up on todays show. Whats your plan b . We bring you the highlights. Plus, a second ebola patient arrives in the united states. What is the real threat to developed nations. Can the companys earnings beat despite the weakness . 21st scentury fox is droppig its bid for time warner. He says the offer had merit, was compelling financially and foxs approach had always been friendly. He says the drop in foxs share price since the bid was unveiled last month makes the bid unattractive to shareholders. Time warner says its committed to shareholder value. 21st century fox, shares up by 5. 8 . Time warner down by almost 11. 5 . The other big story, cnbc has confirmed reports, sprinting dropping its 32 billion bid to b
Welcome to countdown. A very good morning. Two deals have fallen through. What is going on . Reneges ont murdoch a 25 billion dollar offer for time warner when everybody thought it was not going to go anywhere, does it matter . This has me puzzled for little bit. Of course it matters. Not everyone recognized the capitulation. If you look at the share price, investors thought he would still go for it. Secondly, he has thrown a bone back to foxx investors. It is something they have not they were not anticipating. It is a bit rushed. We have both time warner and fox reporting this morning. You can imagine trying to defend. I think it is fascinating they decide to pull out of this deal so quickly. Maybe they misjudged the timing. The buyback, what does it mean for shareholders . Here we go. Share price reaction was dramatic. 6 . Shares rose about i love market psychology. Time warner shares were just above 85. That was the bid price. Though shares fell 14 , down to 73. So much for the time