A bny mellon forecast really concerned investors because deposits, both interestbearing and noninterestbearing, will be lower. So the next earnings quarter is in doubt. Not so for Morgan Stanley. That stock is getting rewarded. Here in europe come of the equity markets dont look as exciting in the United States as we are tracking now towards 30,000. Hints that may be more stimulus is on the way. The South African rand taking a hit today. The reserve Bank Delivering a surprise 25 basis point cut. , this isd bombardier kind of a joint story. Bombardier being pummeled today, mainly around the airbus aircraft, basically a narrowbody shorthaul aircraft. Bombardier may walk away from that project. Muchs not really reacting to this today. The expedition was that airbus was ready for this, but it seems like the market wasnt. Basically, the rampup of this aircraft costing more. Is worried that this may affect the turnaround planned, and thus may walk away from it. That stock down 35 . Vonnie le
Well, less of an outperformance, but a little bit of one. We are seeing a bid when it comes to crude. European equities not exactly having the same story as the United States, only up by 0. 1 . Markets actually in negative territory. The you is a little bit softer today. Christine lagarde speaks in frankfurt tonight. Weve got a policy meeting next week. The rand, a little bit of surprise from the central bank in south africa, delivering a to five basis point cut today. The big question, is there more to come . Is there going to be further rate cutting and south africa in what is a critical year for south africa . Somebody are getting absolutely pummeled today. The Canadian Company under pressure on a number of fronts on the train business and the aircraft business. Airbus a220, the ramp up to that program costing more than anticipated, and a buddy are essentially talking about walking away. Essentiallyrdier talking about walking away. Lets get some more insights on these markets and wh
As always, weve got lots more on oui as always, weve got lots more on our website and we are monitoring what is going on at the emmy awards. Congratulations to phoebe. Now it is time to go to singapore to catch up with the latest Business News from Asia Business report and rico his own. Asia Business report and rico his own. Hizon. Thomas cooks future hangs in the balance. Holidaymakers prepare for the worst amid talks to save the iconic British Travel agent from collapse. How do you, modi trump pushes four deals with india and japan is the trade war with china drags on. Good morning asia, hello world. Its monday, the start of a brand new business week. Glad you could join us business week. Glad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets begin with the travel industry. One of the worlds oldest holiday companies, thomas cook, is on the brink of collapse. It agreed toa on the brink of collapse. It agreed to a rescue deal with a Chinese In
And in sportsday at seven thirty, well bring you the latest from the premier league as well as all the action from the Rugby World Cup good evening. Differences within labour on brexit are coming to the fore at the partys conference in brighton, whereJeremy Corbyn has chosen not to join other senior figures who say they would campaign to remain in the eu in any future rerendum. The labour leader says if elected Prime Minister he would get a new deal to leave the eu and offer it to the people as well as an option to remain. Meanwhile several new policies have been voted on by conference delegates. Our Political Correspondent nick eardley reports from brighton is this britains next Prime Minister . But on brexit, some of his own supporters are not convinced of his plan. The labour leader is promising to get a new deal and put into a referendum against the option of staying in the eu. But he still says. This is the best deal we could get, this is the remain and hopefully be reform option.
Hello and welcome to world news today. Ahead of the uns Climate Conference on monday, scientists have warned the impact of Climate Change is already hitting harder and sooner than expected. A report compiled by the World Meterological Organisation says levels of Greenhouse Gases in the atmosphere are reaching new highs. And the world is heading towards three degrees of warming by the end of the century. Ive been speaking to the head of the organisation, who told me things are looking grim. Unfortunately, we have been the messengers of bad news. Global emissions have grown by 2. 1 and this was the case in 2017 and we have been breaking records in main Greenhouse Gas concentrations, carbon dioxide, which is the most important one and also methane and nitrous oxide. Those are all striking. And we have been breaking records in that system. We have seen this warming continue, lastjuly was the warmest single month since the 18505. And last 5ingle month since the 18505. And la5tjune 5ingle mo