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Detailed text transcripts for TV channel - CNN - 20110524:08:32:00

Hong kong. you re watching world business today. air france s share price has rizen in paris so far this trading day. a short time ago it was up a little under 1%. that ash cloud is still making investors nervous here in the uk. british airways stock fell about 1.75% in early trading. have a quick look at the market numbers. we did see a little bit more strength at the opening but nevertheless, we are seeing all of these markets in positive territory after the big sell-off on monday. up by about 0.5% for the paris cac current. the xetra dax still holding up reasonably well, up by about 0. %. andrew? here in asia not quite the rebound you re seeing in europe. still a lot of concerns about what s going on in europe, about the weakness on wall street and a slowdown in the chinese economy as well. that s how the day finished. the nikkei up by 0.2%. ....

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Detailed text transcripts for TV channel - CNN - 20110524:08:39:00

Whether glencore can keep its magic but shake its image. reporter: the share interest, in an issue public offering. glencore has been the talk of investors for months. the offering of shares at 8.60, values a 37-year-old commodity producer and trader at $59.3 billion. today in london, it becomes only the third company to join the ft-100 share index on the first day of trading. though the price has fluctuated since unconditional trading began last week, demand has been extraordinary for the biggest ipo since general motors re-entered the stock market last november. it s certainly exciting that glencore s coming to market, that they have to become less secretive. there s only a few global trading houses like this on the planet. reporter: before having to open the books ahead of this ipo ....

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CNNW World Business Today May 24, 2011

canceled flights in scotland and northern england. mr. obama will be visiting buckingham palace where he ll spend two nights. the president left ireland for the uk ahead of schedule last night due to that cloud of volcanic ash. in the u.s., the tornado that blew through missouri has claimed 116 lives and left a trail of destruction. the u.s. national weather service says it was the most deadly tornado in more than 60 years. those are the headlines, i m zain vergee at cnn in london. world business today starts now. good morning from cnn london, i m charles hodson. and good afternoon from cnn hong kong. i m andrew stevens. you re watching world business today. the top stories on tuesday, may 24th, under the weather, travel trouble looms as volcanic ash blows towards europe. meanwhile, investors on the continent have caught debt contagent fever. the scramble in the cockpit to save the airliner. they don t have ability to go anywhere. they don t have abili ....

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Detailed text transcripts for TV channel - CNN - 20110524:08:03:00

Wall street closed sharply on monday after markets in europe dropped 2% for a range of reasons. europe has been moving to new lows and meanwhile, greek debt yields obviously a key measure of confidence in the greek economy and its ability to conquer crisis. those hit highs. standard & poors issued a warning on italy s credit rating. spanish voters gave their government a drubbing in rejecting mat drid government s handling of the country s economic problems and then just what european business needed least, the threat, just the threat, of that icelandic volcano throwing continental air travel into chaos. anyway, we re about an hour into stock trading here in europe this tuesday. we re seeing a bit of a buyback across the major markets after the plummet we saw in monday s trading. worth pointing out italy s benchmark index, the ftse mib fell 3.3% on monday. ....

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