Thomas Gottstein News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Will accept junk, recent fallen angels as collateral. Time now for todays market moving news from brussels in new york. We want to begin in europe, where the pandemic drove the economy to a record slump in april. Pmi Area Services completely decimated, falling to 11. 7. Manufacturing also dropped to 33. 6. Bloombergs maria tadeo joins me from brussels. Maria what you are seeing is that the Coronavirus Crisis is going to do a lot of damage to the european economy. [indiscernible] brussels tell us they do anticipate a contraction for the entire euro area. This is potentially huge. Youre seeing a...

Debt as collateral for loans as eu leaders meet today to discuss a 2. 2 trillion revival plan. Loan provisions jump at Credit Suisse as the lender builds reserves to withstand the coronavirus pandemic. We will speak exclusively with the banks new ceo just after 9 00 a. M. Hopes forrs crafted higher profit in 2020. And the earnings deluge continues. Revenueetting hermes out, down 6. 5 percent, which does not seem quite so bad all things considered. Anna we are getting numbers out of unilever as well, so the earnings daily continues. Things not looking great for unilever. Delucia the earnings de...

basis points in the u.s.. 1.59% is how we print on the 10 year. time now for global exchange. we will bring you today's market moving news from around the world. our bloomberg voices are on the ground with this morning's top stories. in china, cases of coronavirus are soaring overnight, jumping by almost 15,000 after the epicenter of the outbreak revised its method for counting infections. joining us from hong kong is rishaad salamat. walk through what we learned. rishaad: we've got 60,000 cases the 254 person death count extra now. what we have is a situation where we had this huge ...

♪ nejra: welcome to "bloomberg daybreak: europe." we get straight to a redhead line crossing the bloomberg. exit accepted the resignation of tidjane thiam. will the covering that battle later on. they are appointing thomas as ceo. top as thethe program has been moving forward. , unanimously accepting the resignation. we are seeing red on the screen -- seeing red on the screen. pullback. 10 year yields are flipping as well. yield is on a 1.6 to handle. markets are out with a note saying the bid for the yen is not as strong as previously. yield, at the 10 year ken griffin is calling ...

resigns. the board backs the board in the power struggle as chaos continues. global stocks stall after the s&p follows to fresh record highs. has 41 moren coronavirus cases. softbank searches as activist investors build a stake. plus, uber forecasts profits by years and. another potential boon to masayoshi son. get back to our top story. is -- suisse's ceo will step down following a power struggle between him and the chairman ernst wrona. joining us with analysis is our finance editor. this resolves what has been a tense time for credit suisse trying to put the spying scandal behind ...