21 Burst results for "Telecom Italia"

"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:49 min | 6 months ago

"telecom italia" Discussed on Bloomberg Radio New York

"This is your big day break you for this Tuesday, the first of September in London. Coming up this hour dollars declines Global equities game for five months in a row and China's factory activity powers ahead. Germany slump may not be as bad as feared this year would get fresh forecast later and a raft of European PM I data JP Morgan sees the odds of a trump win Rising party due to violent U. S protests. And India's Corona virus cases. Spike Troops Clash one small on the border with China. I'm Leanne Parents with World news about 75,000,005 G iPhones for the autumn. Apple sees no let up in demand one soon video sores on surgeons. That's all straight ahead on Bloomberg. Daybreak Europe on the digital radio London Bloomberg 11th, Rio, New York Bloomberg 99 1, Washington, DC Bloomberg 1061, Boston. Bloomberg 9, 60, San Francisco. Serious except China 1 19. And around the world on Bloomberg radio dot com and Fire the Bloomberg business APP. Very good morning from London. I'm Caroline. Head care and I manage many into by your listening today. Break your live from London and Dubai on GHB. Digital radio. You thought you'd see me off Carla, I'm so pleased to have you back about his credit been months since you've done a bit of radio with me. So I'm really pleased to have you As of course, we start trading here in Europe, and it's back to school back to the classroom back to Parliament this week. We had the bank holiday Monday. Yes. Hey, Now it's all about the start of September. Didn't we see a surgeon? Global stocks over the last five months has been an incredible run, including in Uruguay. August isn't usually a good month. It is not usual great for either emerging markets or for equities per se. But I think count and the one thing about it is it is that narrative of Jackson Hole, it shifted the dynamic average inflation targeting And it is it is helping the momentum. I think for me, it's what if the best SNP run in August up 7% in 34 years. Where was I? 30? I think that might have in 1986, and I might have been just starting Queen's University. Very good. Okay, So you want to the markets of point eyes? See, you've pointed that out, Everybody. Let's have a bit of a market check, then, shall we? Yeah, the US sort 600 actually buy half of 1% minus yes and European stocks. Caroline? Of course. I've had a cracking run in August. The best In since 2009 your stocks 50 at the moment is 30 to 95 up. 22 points. London trades Just live it lighter down 2/10 of 1% 59 51. On when it comes to US equity futures. Of course, it is the S and P. The NASDAQ and the technology components that were most focused on the SNP futures traded 35 08 up 2/10 of 1%. NASDAQ futures trading It 12 190.25 up another 6/10 of 1%. That's after the stock splits and record highs for Tesla. And for our part we see Apple ordering Mohr five g phones for the wintertime. So that's good news on that side to the bond market. US Treasuries trade at the moment of 50.70 in terms of yield to the Bundang Could we traded negative 0.40 for as Germany is expected, Caroline as you will note to upgrade the view on growth, Yes, is going to be bad, but just not as bad. As we had, perhaps originally expected, so I stayed to play on the markets, Bones and equities. Okay, let's get the latest in terms of what stocks to watch this morning, then devil bit deeper. Print Kit Reese joins us now down the line kit. Good morning. AstraZeneca. This is kind of the hopeful news, isn't it that actually we could get a Corona virus vaccine AstraZeneca starting there. Final stage trial over in the United States. Yes, And so after delicate looking to enroll as many as 30,000 adults for the trial. This is for the AstraZeneca's Shaft, which was invented by researchers at the University of Oxford. And there's also the final stage trial going on in the UK, so lots of hope it's bad, he say on the show is up 1% this morning outperforming the 5100. That's some good news. Okay. What about job cuts, though at BMW? It's US business. What's that doing to the share price? Yes, BMW is cutting the size of the U. S workforce. The comic had declined to say exactly how many jobs are being cuffed. The show's actually the up 1.3% on. I guess you know this is being seen as opposed to move in terms of cutting costs, a specs said That move is aimed aligning the business of current market conditions caused by that's endemic on BMWs joining pairs such as food in the US, which is also looking to cut salary job. Okay? And then Telecom Italia's selling a stake in its secondary grid to K chaos. Quite interesting move. Yeah, the shares of liking it up 1.4% this morning about performing other telecom pairs. So this is the first step in a government backed plan to create a single booed by network Italy on Go is the creation of a national broadband network, which compared the cost of running out of fibre grade on. It's also able to sort of bridging it least digital divide with other European countries. They are the first stuff on the market is liking the user. Yeah, that's interesting. Also sort of part of Italy's move. Prime Minister Picante Great to have you on the program. Chetry. Thank you so much for delving into what stocks to watch this morning manners..

US Bloomberg London China BMW Apple Europe London Bloomberg Germany Caroline JP Morgan India AstraZeneca Leanne Parents Italy University of Oxford SNP Telecom Italia Jackson Hole
"telecom italia" Discussed on Techmeme Ride Home

Techmeme Ride Home

02:44 min | 1 year ago

"telecom italia" Discussed on Techmeme Ride Home

"All around the world we will be sharing all the details in the weeks ahead and quote now that announcement if you read it. All the way through doesn't even mention cove in nineteen by name and it kind of leaves the door open to holding some sort of event that would include some form of in person attendance but we shall see and despite all of that macrumors is reporting that anonymous sources have told them that apple is still planning to announce new macbook air models next week. Meanwhile Microsoft said it's build twenty twenty developer conference planned for May Nineteenth through twenty. I will be a digital. Only event. Bloomberg is reporting that in Italy currently subject to crevice related lockdown housebound. Italian kids have been straining that country's digital networks because of all their fortnight marathons quote. We reported an increase of more than seventy percent of Internet traffic over our landline network with a big contribution from online gaming such as fortnight Telecom Italia chief executive officer Luigi Gubacsi said Wednesday on a call with analysts in the UK a spokesman for Vodafone groups local unit said. The company has been adding to network capacity in case the government introduces stricter social distancing measures and quote perhaps in anticipation of something similar in the states. At and T. has suspended all broadband data CAPS DURING THE CORONA VIRUS. Crisis quoting vice. At and T. Is the first major? Isp To confirm that it will be spending all broadband usage caps as millions of Americans bunker down in a bid to slow the rate of cove nineteen expansion consumer groups and a coalition of senators are now pressuring other. Isp's follow suit. Telecom experts told motherboard this morning that broadband caps and overseas. Don't serve any real technical purpose and are little more than a glorified price hike on uncompetitive markets. We in turn reached out to ten of the nation's biggest. Isp's only one of which media com was willing to go on the record in the wake of that report. At and T. Has confirmed the motherboard that the company will be suspending all usage caps until further. Notice quote. Many of our. At Internet customers already have unlimited home Internet access and we are waving internet data overage for the remaining customers a company spokesperson said quote as Games. Nash tweeted straight up proof. It was never a capacity issue and quote should be noted that comcast says it will be offering free broadband to low income households as well as speed boosts through the duration of the crisis and at and T. comcast verizon and other icees joining the FCC orchestrated keep Americans connected pledge and will open WIFI hotspots nationwide not terminate services for late fees and pursue other measures to help keep.

Isp fortnight Telecom Italia comcast macrumors Microsoft apple FCC Bloomberg Vodafone developer verizon Italy Nash chief executive officer Luigi Gubacsi UK
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:09 min | 1 year ago

"telecom italia" Discussed on Bloomberg Radio New York

"That debuted last year and just flashing across the Bloomberg terminal telecom Italia is said to be near picking que que are for its open open fiber deal and also carnival Corp saying that the coronavirus crisis will have a material impact on its financial results the cruise industry has been reeling from the quarantines that have been put in place and also travel restrictions Carlos says it can't yet estimate the full effect of the virus on its current fiscal year the company said a complete suspension of its operations in Asia through April is a step that it doesn't currently plan but if so it would lower fiscal twenty twenty earnings by some fifty five to sixty five cents a share and Brian after the bell MGM resorts reported quarterly profit below estimates the company also withdrew its full cost for twenty twenty citing the impact of the corona virus outbreak the shocking news came when MGM said its leaders planning to step before his contract expires bluemix Chris Paul Murray says chairman and CEO Jim Marin is making the move under pressure Mar and say you know just completed this transition under pressure from activist investors for years to boost the stock price they've they've sold really almost all of their marquee assets to third parties and they'll continue to manage them under this sort of asset like strategy but there's no doubt that marine has been under pressure in recent years she has an MGM rose four percent in late US trading the outbreak is exacerbating the industrial slump in Germany Deutsche Bank is saying that the German economy could be on the verge of recession Deutsche Bank expects a slight contraction in the fourth quarter it's also casting some doubt on the prospect of any rebound at the start of this year twenty twenty German GDP figures due to be published on Friday all right for a close up look at what's happening in financial markets is our Asian trading day gets underway he is a yeah Chris thanks also one of the conclusions I think that the market seems to be making right now is that maybe the worst is behind us and I hesitate to say that because of a lot of the cabbie outs that Brian laid out at the top of the program but it seems to be the conviction here is that we're seeing a slower project a progression of the virus outbreak look at what the I MF of forecast today a very quick recovery kind of V. shaped for the Chinese economy and then we're hearing about the flurry of patent studies that are in China right now trying to see which effective power which agents would be most effective in combat in the virus Bloomberg data show that they are seventy seven clinical trials now targeting the virus that have been registered since January twenty third so here today was very much risk on with the Dow at a record high twenty nine thousand five fifty one we were up one percent on that front in the broader market a record as well for the S. and P. five hundred thirty three seventy nine a gain there of about seven tenths of one percent nasdaq top rises to an all time high ninety seven twenty five with a gain of nine tenths of one percent well saying also seeing other risk on mood in the crude oil space with WTI jumping two and a half percent we settle New York trading fifty one seventeen we're moving higher right now in the electronic session fifty one seventy five it's a little curious to because OPEC slashed its forecast for global demand and at the same time U. S. inventories came in above estimates both of those points would argue for lower crude prices after the bell Cisco predicted revenue will decline this quarter that was pretty much what the market was expecting the although this is kind of at the mid point of estimates and the stock was down about one point seven percent and we have the Singaporean bank a DBS group holdings reported quarterly net income above estimates two point four three billion saying dollars U. S. ten year treasury last quoted in New York at one point six three percent I'm a Christian or the Bloomberg interactive brokers studio in New York cuss Lynda dot get looks as if the cruise ship that has been sailing the South China Sea looking for welcoming port has finally found one ad Baxter has WC the Bloomberg nine six.

Bloomberg terminal telecom Ita
"telecom italia" Discussed on WAFS Biz 1190

WAFS Biz 1190

02:37 min | 2 years ago

"telecom italia" Discussed on WAFS Biz 1190

"His doing so Vivendi's zero point five percent and Telecom Italia. Which is the target of this discussion is up two point one percent. So shareholders are liking this discussion. More of a bounce for telecom. Italia Castro will so the German company warning that twenty nine prophets will drop as new plants are flooding the markets. Correct. And the stock is down was down as much as three percent now pairing declines obeyed down one point nine percent. Obviously, you know, cutting profit outlook is never good news for company. Yep. All right. So Castro coming under pressure. Thanks so much for speaking of the stocks to watch this Monday morning. Let's drill deeper into our top stories. Then in the reason in particular, why we are seeing Chinese shares rallying to such an extent, President, Trump extending a truce with China saying substantial progress has been made in the latest round of negotiations in Washington. China says differences between the two sides. Have narrowed box. Cautioned the talks could become harder his China. Correspondent Tom MacKenzie with the latest from Beijing. China's trade negotiators can breathe easy at least for now. Trump's threat to more than doubled tariffs on Chinese goods has been delayed beyond a March first deadline. Both sides have cited progress on issues ranging from intellectual property to the US trade deficit. China has warned of potential difficulties ahead, but shares have rallied on news of the tariff extension in Beijing, Tom MacKenzie, Bloomberg daybreak Europe. Now is this real progress? In an interview on Bloomberg television earlier today, Li Ye may CEO of China asset management sounded notes of skepticism around this extension. We would be cautious to see if there's an empty optimism or it's something concrete. So that was Lee may she's co-ceo at China asset management and the firm manages nearly one hundred forty six billion dollars. Worth of assets. Now, despite the Brexit day getting ever closer this week is shaping up to see a yet another round of delay rather than progress. Prime Minister Theresa may is in Egypt for the EU our nation summit there and will again attempt to win concessions four hundred deal. Bloomberg's Ian Wishart's reports now from Sharm-El-Sheikh talks will resume in Brussels on Tuesday over what the EU can do to sweeten the pill of the divorce deal. That's after Prime Minister Theresa may uses the second day of a summit in Sharm. Oh, shake today to hold private talks with German Chancellor Angela Merkel.

China China asset management Italia Castro Bloomberg Tom MacKenzie Prime Minister Theresa Telecom Italia Trump Beijing Vivendi EU Prime Minister Angela Merkel Ian Wishart Sharm US Egypt Brussels Chancellor
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:21 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Zero one percentage points from GDP December sales of household goods falling by two point three percents of that's partly where the where the problem is coming from. And just having a look at where the pound is moving as a result of that. What kind of reaction we see any weakness in the pound own that news newsworthy? The pound has been gradually making its way weaker against the dollar over the last couple of hours also, and he's not really moving all that much on this one twenty nine thousand five sister with a one thousand nine handled. Let's tell you what else is going on that on these markets. The stock six hundred making decent gains this morning and increasingly. So up by just over one percent now on the stock six hundred as is the Footsie-100 the cat. Karen getting the best of the gains up by one point two percent. The censured acts out by just shy of one percent. This is broadly positive session over in Asia. Where we saw the Asia Pacific up by six tenths of one percent. Dow and futures point higher by three or four tenths of a percent. So we look to make further gains on global equity markets as a result of optimism around trade, despite the fact that that story from yesterday was denied by the US treasury story that suggested Mnuchin was looking to do a deal and cut tariffs on Chinese imports. Let's look at the oil price. We had an update from about half an hour ago on that will price expectations or demand expectations. Fifty to fifty seven is where we trade up by percents once again on the oil price. That's the WTI price. Brent sixty one seventy up by nine tenths of one percent. Yield on the US tenure two point seven six percent, and the dollar is fairly flat. But we see weakness in the yen now two thousand eighteen saw activists investor move into Europe like never. Before Elliott management made a flurry of headlines with at stakes in Telecom Italia and Pernod Ricard, but Europe's biggest homegrown activists fund prefers a quieter approach. CVS capital own sizable chunks of some of Europe's biggest names, including and crop, Abe and Ericsson. Bloomberg's Erik chaska spoke to CVS and co-founder LARs froeberg and began by asking whether he approves of the recent changes at chosen crop. There's been a lot of change in two thousand eighteen for us. We have in our four main holdings citizen crop. He'd be be an Eric send there have been large corporate change programs that have been announced. Some somehow been Pushtu and somewhere in the process of being. Coop is breaking up. This is a historic move. No.

US Asia Europe LARs froeberg Dow Pernod Ricard Pushtu Telecom Italia Coop Karen Elliott management Brent Ericsson Erik chaska Bloomberg Mnuchin co-founder Abe
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:10 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"If you take a look at risk assets we've seen gains in the Asian session. Seeing futures point higher following the session in the US yesterday. I'll get more on that in a second. But first straight out of the gate, the stock six hundred as these equity markets open is up six tenths of a percent futures. Are indicating again all about that much. If we take a look at the European benchmarks Footsie-100 futures higher by six tenths of a percent. Cac forty futures higher by seven tenths of a percent footsie mid futures track higher by almost one percent were still waiting for the print on the docks as these markets get going. But in the meantime, is like equity markets have been pushed around a little bit by the sounds. We've had on trade reports that Mnuchin was considering easing those tariffs on China. Those reports were denied, but we still did see the US session and in the green, and it looks like we could. Another day of gains, judging by the futures as futures higher by two tenths of a percent. Dow futures higher by three tenths of a percent. Nasdaq futures higher by two tenths of a percent. Even though we got a report of slowing sales growth from net. Flicks pushing net flicks down in late trading. So optimism does seem to be a bounding certainly if you look across other assets as well if you take a look at dollar yen. You're seeing the dollar on the front foot against the yen for the fourth day in a row one. Oh, nightspot nine as where we trade on that the ten year treasury today steady. It was slightly lower earlier we're all two seventy five handled but the trend for the ten year yield this week last week has been higher. Meanwhile, not much going on in the European bomb? Markets of the tenure BT peeled moves a little bit lower and also talking of the risk rally. We've got to bring oil into this WTI up. One percent fifty two spot fifty eight so firmly above that fifty two line. Brent crude at sixty one spot two up nine tenths of a percent. Of course, adding to the rest- sentiment. We've also had an interview with Charles. Evans where he adds to the chorus ephedra voices talking about patients and caution in terms of raising rates. But now, let's look below the surface of the equity market rally that we're seeing in Europe three minutes into the session for more on stocks to watch this morning. Bloomberg's European stocks reporter Cassini Glychko joins us in our London studio. Extend your great to have you. So I guess we're going to start with the negative Ryan lowering its four year two thousand nineteen guidance. Good morning. Yeah. Ryanair? Unfortunately, it hasn't started trading yet. But pre-trading indicators are signaling that this will be painful one today. Ryanair had to cut its full year twenty nine thousand nine profit guidance mainly because of the slump ticket prices, but also battle with unions and bad weather and air traffic control strike definitely didn't help the company. Let's look to the commodities space as well. I've been talking about how commodities are sort of filling out the risk rally picture copper higher along with oil. But let's talk about Iran all at what Rio Tinto had to say about those shipments. So that's a big one today and the stock rose as much as one point three percent earlier today up one percent right now, very positive news Rio Tinto said that said, despite all the fears surrounding the China's slowdown it its iron ore shipments can climb further in twenty two thousand nine hundred and it's aiming to raise shipments from Australia. The main bulk OH is bound for these Chinese steel mills it's a very nice macro signal a bit of newsflow coming through on Italian stocks as well Italy's Jay has been downgraded by Fitch. On the risk to senior creditors. But also, we've got new slow from telecom. Italia. That's right. And that's another one like Ryanair that hasn't opened yet. But is probably going to be negative today is Telecom Italia is forecasting lower domestic earnings for twenty eighteen and the main reason is a very competitive market domestic market in bursting analysts have said that Jeb this is quite disappointing. Doesn't come this surprise. But it's a sobering reality check and also points to a weaker twenty nine thousand nine hundred for the company, and as you were just saying Cassandra, we were waiting for Ryanair to open this Friday. It is moving now. And we are lower by three point seven percent. Not only that but EasyJet perhaps affected by this too. Caught up in that sentiment down three and a half percent. Just want to highlight to the upside another stock that we were potentially watching which is Cassie Cassiano. That's up three point three percent of fourth quarter. French sales holding up in spite of the protests is the commentary. Got through from that Jeffries on casino. The CFO saying that the full year two thousand eighteen Abbott growth has been greater than ten percent, despite those Gijon protests so lot of stocks to digest this morning. Thank you so much for joining us in the studio Cassandra Gallucci co our Bloomberg European stocks reporter, let's get back to what has been pushing equity indices around those trade headlines which began when the Wall Street Journal reported the Trump administration is debating whether to rollback tariffs on Chinese imports. Then the treasury department disputed the report and said, no recommendations have been made Bloomberg Shaun Donovan says it's no secret. There's a raging debate inside the administration over trade policy. There are people like Treasury Secretary Steven Mnuchin, you're more concerned with calming the Mark perhaps less concerned with getting a really structural change out of China Endo, like Robert lighthizer, the US trade Representative who have been preparing for for years even. Decades, you could say feel strongly that they need to get every bit of blood, sweat, and tears. They can out of the Chinese President Trump has pledged to hike tariffs on Chinese goods, if the two sides can't reach a trade deal by March first China is warning Canada that banning technology from its next generation five g wireless network would have repercussions ambassador. Lucia Sharjah says there's no evidence that way equipment represents security risk. And he hopes the Trudeau government will make what he calls a wise decision. The warning comes with China and are at odds over the arrest of the hallway CFO in Vancouver. Chicago fed president Charles Evans says the US central Bank can easily take a patient stance toward further rate increases speaking, an exclusive interview with Bloomberg Evans who is voting member. This year says the feds in a good place for pausing. We're just doing a good point for sort of pausing. Let's look at the lay of the land. I'm not worried about inflation getting out of hand if anything the inflation data had been a little softer than I was expecting. And I would say. I'm going to be cautious and take more care to make sure that inflation's gonna continue up and perhaps above two percent. Evans comments, come as the US central Bank. Assesses the economic outlook amid turmoil in financial markets and muted inflation. Now, the US shutdown has prompted President Trump to pull the whole US team out of the World Economic Forum in Davos next week Treasury Secretary, Steven Mnuchin was to have led the delegation along with the commerce secretary Wilbur Ross and secretary of state Mike Pompeo, the president was going originally. But withdrew early on. He's also denied speaker Nancy Pelosi a military plane to visit Europe and Afghanistan. Now, speaking all political trauma as well. In the UK Prime Minister Theresa may has cancelled her trip to Davos next week to try to reach a Brexit deal with rival parties. She's also working.

US Ryanair Bloomberg Evans China Steven Mnuchin Bloomberg Europe President Trump president CFO reporter Davos Telecom Italia late trading EasyJet Nancy Pelosi Rio Tinto
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

11:27 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Use of European equities are just ought to the gates. We did see a fall back last week four Asia for European stocks. This morning, though, we all starting with the gains the stock six hundred putting on a little bit more than a third of one percent in the early start of the day. We're seeing the county by about three tenths of one percent. We still waiting for the opening figure out of the Dax in Frankfurt the Footsie-100 here in the UK rising by about a quarter of a percentage point and little unexpected. Perhaps as we saw futures overnight to fold back looking at some of the sexes were essentially seeing all of the sexes in positive territory this morning at led by Healthcare's, basic resources and construction looking at some of the Lakers in relative terms. We've got personal household goods retailers. Well, as industrial stocks when it comes to the handover Asian stocks did stall to make. A little bit early of. But they firmed up since the open the MCI Asia Pacific index the regional benchmark higher by about a quarter of percentage point. We've seen shares in mainland China in particular strengthened throughout the morning. The CSI three hundred higher by one point one percent. Looking over into the fixed income space. Treasury yields are heading higher this morning after declining on Friday led a bit of a snap back as I say from what we saw at the end of last week three point zero seven seven percent. That's why we all this morning, which means of that ten year treasury yield is increasing by about one and a half basis points when it comes to the FX space, the Bloomberg dollar spot index. Modestly higher this morning. We're seeing the euro on the back foot, but it's really in currencies like the AUSSIE dollar as well as the Kiwi that we've seen movement the Kiwi dollar being the main lager among major currencies off bomas half of one percent trade headlines, really setting the scene for the currency Pez. When it comes to oil prices. I just want to mention that as well on the front foot sixty seven dollars and thirty nine cents is where Brent crude is trading, which means that the international benchmark is higher by about nine tenths of one percent. All right. Let's get more on Sunday. Stocks were watching for you this morning. Bloomberg markets, Danny Bergara joins us in our London studio Telecom Italia. Let's are quite divided on this one. Now, the firm has a new CEO are investors making this? Yes, I mean, the thing for investors to assess here is whether this new CEO is going to able going to be able to resolve some the arguments between really the largest shareholders in the company off the gate here. We are seeing a bit of movement in shares currently for so yesterday they were higher Friday rather were higher by two percent up again nearly by two percent. And of course, this is after Telecom Italia is naming a Google as their new CEO, which is. Early victory here for Elliott management, which wants to see a spin off in the company. All right. The victory for management team. We are seeing Telecom Italia. Shares on the front foot. Let's also talk a little bit about AB the switching industrial conglomerate higher by about one point. One percent is on looking at these shares this on some interest from Hitachi, apparently. That's right. Del news. Always a good one to get shares moving as you said Marcus up higher by one percent Hitachi has been in talks, according to the financial times to buy part or all of Abe is power grid business. Analysts estimate that's worth about thirteen billion. And they're out of pretty fairly developed stage. Which is likely why we are seeing a pretty positive share reaction on what just is speculation of private talks. Finally, you're also watching UK homebuilders today following a particularly damning report on the property market again. Yeah. That's right. When you look at companies like a retro falling one percent Bovis down one percent Berkeley's getting there as well. So you k- asking prices fell for over a year for the first time since two thousand eleven that's being led by London in the most expensive properties. Now, this is according to write move asking prices slipping point two percent from a year earlier. So continuing to keep an eye on those homebuilders so far again, the biggest loss we're seeing is red row that's down more than a percent or Donny Berger. Thanks so much. Bloomberg markets reporter for speaking is through those stocks to watch this morning Yousef. Some of these top stories and a bit more detail on the one hand, you've gotta push Theresa. May. She is turning to British businesses and leaders today asking for their help to push her Brexit divorce deal across the line. It comes amid speculation about a potential leadership challenge and stiff opposition in parliament. Bloomberg's rob Hutton has more. The embattled prime minister with address the confederation of British industry in London today. Trying to sell it withdrawal agreement the few even in cytokine soda party. Think is ideal even members of her cabinet openly discussing trying to rewrite the text the one piece of good news. She has far the lawmakers campaigning for no confidence vote in Dame seem to have reached the threshold of forty eight votes. They need to trigger a formal challenge. In London, Robert Hutton, Bloomberg daybreak Europe tensions between the US and China were on full display with the APEC summit wrapped up this weekend. In Papua New Guinea for the first time since the event began back in nineteen Ninety-three countries failed to agree on a joint communique officials said that China balked at the word. A statement on trade, and the trade war really overshadow these talks with US President Mike Pence calling on nations to avoid loans that would leave them indebted to Beijing know that the United States offers a better option, we don't drown partners in see of debt. We don't coerce compromise. Your independence the United States deals openly fairly we'd do not offer constricting builder. A one way road when you partner with us. We partner with you. And we all brought but China's president Xi Jinping, spe cheating, ping, raw spoke just often and hit back at Pence. Well, let me make this clear. The bell in road initiative is an open platform for cooperation guided by the principles of the consultation and cooperation for a share of the benefit is not designed to serve any hidden geopolitical agenda, it is not targeted against anyone. And it does not exclude anyone nor is it a trap as some people have labeled it that was China's president cheating, ping speaking. Via a translator. Meanwhile, investors are watching a power struggle in India with the country's Reserve Bank, preparing for a board meeting today that promises to be anything. But though, that's Bloomberg's harsher money and explains the RBI's independence could be in question. The board of India's central banks meeting to discuss policies that have in the past few weeks turned into an ugly public spat with the moldy government on the agenda will be obvious restrictions on lending by weak banks, which the more the government believes this Harding, small businesses. Also on the list is a discussion on capital reserves of the RBI, which the more the administration believes us more than necessarily the Indian government is also pushing governor Patel to offer more liquidity support to India's shadow banks in Mumbai. Russia's reminding him, Bloomberg daybreak Europe. So that was the RBI and what we should be looking out for when it comes to other banking news the Danske Bank money laundering whistleblower. It said to be fully committed to working with parliament Howard Wilkinson is to testify before. Danish. European lawmakers this week despite the threat of prosecution under Bank secrecy laws Wilkinson left, the banks Baltic trading operation after lurching alerting management to suspicious mounts of money flowing through is Estonia units. And later spoke out through the media. The European Union is working on new rules to prevent foreign investment threatening security amid increasing concern at the pace of acquisitions by China draft legislation maybe announced on Tuesday, which will include how far you're members can push concerns about FDI with their peers earlier this year, Germany, unsuccessfully tried to block the Chinese conglomerate Medina from buying Rowett maker Kuka and traders will be keeping an eye on the Chinese smartphone makers Xiaomi today. Bloomberg's Yvonne man has this preview of the company's results. And that's we'll be watching to see if shall is internet services business grew and how much revenue came from hardware companies been pitching itself as an internet based innovation company. But last two quarters an average of only nine point two percent of its revenue came from that business. Citigroup. Says overseas opportunities are a strong point for Xiaomi along with ability to rope internet customers in with low price smartphones. Let's said he also says Shami Shaw. Trading history makes it high risk. In Hong Kong. I'm Yvonne, man. Bloomberg daybreak. All right. Let's get the latest now when it comes to all of the other international headlines here is Bloomberg's beyond GARRETT'S. Good morning, Markus. French president Emmanuel Macron has so far voided the mass protests and demonstrations have played his predecessors, but is being bags. Greg viscose explains that all changed this weekend that changes weekend when three hundred thousand people and about two thousand road blocks across France, the protests, gasoline taxes, one person died in hundreds were wounded or arrested. Now begins a blame game or whether it's the fault of irresponsible populace manipulated by opposition parties or out of touch government. That doesn't understand how is ecologically policies affect common people in Paris. Greg Cousy Bloomberg daybreak Europe. Here is saying finance ministers meeting in Brussels today. We'll discuss how to strengthen the currency blocks architecture. Bloomberg's Victoria Drina has the details debate as part of an effort to agree on some key aspects of reform for the euro-zone by December. But talk. Folks were mostly focused on strengthening the ruin era Bela fund, but it also discussed how to provide liquidity for banks in resolution and exchanges in your area budget. Then August is expected to neither of these two issues it in Brussels Victorian green of Bloomberg daybreak Europe. Elsewhere is he Liz populist coalition says it's ready to talk to the EU about its roof busting bunches. But the majors spending issue must remain in place. Five-star Ledin deputy prime minister Luigi Demayo said the government is ready to Radic wasteful programs. The basic reforms plan will stay Brussels is expected to reject that when a issues a review of you're spending plans on Wednesday. And the Trump administration will issue its report into the murder of Saudi journalist Jamal cash Kogi tomorrow, and increasing indicators that the killing was ordered at the highest level. They are opposed that the CIA has concluded that crown prince Mohammed bin Salman approved the measure, although President Trump says that may never be proved the president also said the CIA. Reporters. Premature will anybody? Really, no. But he did have certainly people that were reasonably close to him that were probably involved you. So we put on very heavy sanctions massive sanctions on a large group of people from Saudi Arabia. But at the same time, we do have an ally. And I want to stick with an ally. That in many ways has been very good Claiborne is twenty four hours a day on Erin at tick tock on Twitter by more than twenty seven hundred journalists. Listen more than one hundred twenty countries, I'm young guarantee. This is Bloomberg Marcus. Thanks so much Leon straight to sports with George Altman.

Bloomberg Bloomberg markets London Bloomberg Marcus Europe Telecom Italia UK president Brussels Hitachi Greg Cousy Bloomberg China European Union Asia Lakers Frankfurt prime minister US CEO
Telecom Italia names Luigi Gubitosi new chief executive

Biz 1190 Overnight featuring Bloomberg Radio

00:26 sec | 2 years ago

Telecom Italia names Luigi Gubitosi new chief executive

"To remain on the board of Google parent. Alphabet. Anna dance got Bank of money laundering. Whistleblower is fully committed to working with Danish. Parliament, even with the threat of prosecution under banking secrecy laws. That's according to his lawyer Howard Wilkinson led the banks Baltic trading operation from two thousand seven until April twenty fourteen he left after a learning management suspicious amounts of money flowing through Don, Scott, Estonian unit and later spoke out through the media. Black rock is said to be thinking of applying Brad mutual funds license in China to exert more control over its operations, their sources tell us. The company is in talks to sell at sixteen point five percent stake and Bank of China investment management, and has asked regulators about a majority controlled joint venture, the Larry thank has said, he hopes black rock and become a strong player in China. And that's your Bloomberg business flash. Thank you very much Deborah for that round up. Let's check

China Howard Wilkinson Bank Of China Google Anna Dance Bloomberg Deborah Parliament Brad Larry DON Scott Five Percent
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

11:12 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"This Monday morning. You're listening to Bloomberg daybreak Europe. Repegging up today where we left last week watching Westminster Theresa May's critics didn't have the votes necessary. It seems among Tory lawmakers to launch a leadership challenge over the weekend. Will that change as the prime minister negotiates with the EU? We're also watching trade headlines US vice President Mike Pence fight off another round of attacks in China's direction this weekend, fueling fears of another Cold War between the two powers all the back about two Asian stocks kicked off the week in a lacklustre fashion in Asia, the regional benchmark there. It's been flirting with a flat line now. Modestly higher by about eight tenths of one percent. We've also seen the for instance, if we look at some individual indices with seeing the ASX two hundred in Sydney down by about two thirds of Trump. Center. The Shanghai composite increasing by about four tenths of one percent. Japanese says also bid right rising here by runabout. Two thirds of one percent treasury yields they've been edging higher. Overnight after declining on Friday the ten year yield sitting at three point zero six six percents so slightly higher. The two year yield also higher by about two basis points here when it comes to affects the Kiwi dollars have been dropping against the greenback overnight with trae tensions very much in the spotlight. The yen rose to a two week high overnight with dollar now at one twelve spot eighty so dot to Japanese currency still slightly higher. But it comes to the major currencies though. The South African rand has actually overtaken the Kiwi and the alsi in terms of losses against the greenback. The Ron and now down by half of one percent all prices climbing today after six straight week of Louis straight weeks of losses, sixty seven dollars twenty one cents. That's where Brent crude is trading. This morning higher. By about two thirds of one percent. Let's get into our top stories then. And as I said, you k- politics very much front and center, this this as Theresa May. We'll today appeal to business leaders to help her deliver her Brexit deal. As Bloomberg's rob Hutton explains. This comes as the British premier battles insurmountable position in parliament as well as a leadership challenge. The embattled prime minister will address the confederation of British industry in London today. Trying to sell it withdrawal agreement the few even inciter conservative party think is ideal even members of her cabinet discussing trying to rewrite the text the one piece of good news. She has so far the lawmakers campaigning for no confidence voting don't seem to have reached the threshold of forty-eight verge. They need to trigger a formal challenge. In London, Robert Hutton, Bloomberg daybreak Europe. Okay. That's the Brexit story this morning. Let's also took it through the trade headlines over the weekend. The APEC summit round up in Papua New Guinea by failing to issue a joint communique for the first time. Since the event began back in nineteen Ninety-three officials said China balked at the wording of a statement on trade objecting to the language and a pledge to fight all unfair trade practices. The trade war was overshadowed. The overshadow the talks with us. Vice President Mike Pence calling on nations to avoid loans that would leave them indebted to Beijing know that the United States offers a better option, we don't drought our partners in c- of debt. We don't coerce compromise. Your independence, the United States deals openly fairly we do not offer constricting belt or one way road when you partner with us, we partner with you. And we all prosper. But China's president Xi Jinping spoke just after and hits back at Pence. Well, let me make this clear the belt and road initiative is an open platform for cooperation guided by the principles of the consultation and cooperation for a share of the benefit is not designed his serve any hidden geopolitical agenda, it is not targeted against anyone. And it does not exclude anyone nor is it a trap as some people have labeled it so that was China's president Xi Jinping speaking via a translator we're going to talk a little bit more now about Chinese assets crossing over to Singapore where whereas Goodman from the markets live team joins us from west great to have you on happy Monday to you. So Chinese bonds are actually out more than seven percent this year making it the world's best performing debt markets. How long can the rally last? Yes. I good morning. Hey, Marcus bonds a rallying because this trade war is threatening to curb economic growth and some people say that growth may be slowing enough even to get the PD to cut interest. Rates. The latest news over the weekend that we've just heard from vice president Pence criticizing China, you know, that makes everyone thinks that the trade wars going to last that the US doesn't really have any interest in ending these tariffs. So all these reasons all of these are reasons for the flights equality to keep going in China bonds, and there will almost certainly be the world's best performing major bond market this year. At the same time in the United States west people are scaling back forecasts for fed rate hikes. What's the outlook for the us central Bank? Now from your perspective. Yeah. Right. You know, this is all because the top two fed officials Jerome Powell and Richard Clarita. They both mentioned the risks of the global economic slowdown recently. You know, everyone still thinks the fed is going to hike in September. But now the outlooks a little fuzzier for two for for next year. Maybe one or two next year instead of two or three, you know, it's worth noting that some analysts have said this sort of repricing fed expectations is a bit premature and the fed itself is forecasting a faster pace of rate hikes. So people who think they might stop early may end up being disappointed. You know, if that's the case that means the bond rally we saw last week may get on done. Yep. All right. We'll keep an eye on that to the markets live question of the day, by the way, how much does it matter. That futures see fewer twenty nine thousand nine fed hikes. If you want to participate in that to bait you can Email markets live at Bloomberg dot net. Thanks so much west west Goodman. They're for real time market, commentary and analysis. Check out markets live that's M L on your Bloomberg terminal now, turning to some other central banking news this time around from emerging markets. Investors are watching a power struggle in India specifically with the countries. Reserve Bank preparing for board meeting today that promises. Promises to be anything. But dull as Bloomberg's harsher Romanian explains. The RBI's independence could be in question. The board of India's central banks meeting to discuss policies that have in the past few weeks turned into an ugly public spat with the moldy government on the agenda will be our beer's restrictions on lending by banks, which the more. The government believes is hurting small businesses. Also on the list is a discussion on capital reserves of the RBI, which the more the administration believes is more than necessarily the Indian government is also pushing governor origin Patel to offer more liquidity support to India's shadow bangs in Mumbai, reminding him Bloomberg daybreak Europe. In corporate news this morning telecom Italia's decision to name Luigi Gooby Tozi. As CEO marks another victory for Elliott management. And it's pushed for a radical overhaul. The ball chose the former Merrill. Lynch Bank gets to succeed, ammos Ganesh who was ousted last week for resisting. Elliott's call for the landline network to be spun off the decision. Entrenches? Elliott's influence and undermines top Telecom Italia shareholder, Vivendi and in banking news. The Danske Bank, money laundering, whistle blowers said to be fully committed to working with parliament, even with a threat of prosecution onto Bank secrecy laws. Howard Wilkinson led the banks Baltic trading operation from two thousand two thousand seven until April two thousand fourteen he left after a management to suspicious amounts of money flowing through down skits Estonia units and later spoke out through the media. Meanwhile, traders will be keeping an eye on Chinese smartphone makers. Xiaomi today. Bloomberg's Yvonne man has this preview of the company's results. And will we'll be watching to see if Chamisa internet services business grew and how much revenue came from hardware. The company's been pitching itself as an internet based innovation company but last two quarters and average of only nine point two percent of its revenue came from that business. Citigroup. Says overseas opportunities are a strong point for Xiaomi along with ability to rope internet customers in with low price smartphones. Let's said he also says Yami short trading history makes it high risk. In Hong Kong. I'm Yvonne, man. Bloomberg daybreak. All right. That's the latest when it comes to our top stories this morning. Let's also talk through what else is going on around the world. Here's Bloomberg's Leon Garrick. Good morning, Markus. French president Emmanuel Macron is calling for European unity amid warnings are unnamed powers was seeking to undermine it in a speech to Germany's parliament Macron renewed calls for coming budget. Hits and defense forces. Bukuvu in the coming weeks and months, there will be very intensive discussions and decisions on the German French level, but also at the European level because we must do a great deal by may next year to achieve a more United more sovereign and more efficient Europe, which we so urgently need the Trump administration will issue its report into the murder of Saudi journalist Jamal cash Kogi tomorrow, they'll reports at the CIA has concluded that crown prince Mohammed bin Salman approves the murder. Well, the President Trump says they met that may never be proved will anybody really, no. But he did have certainly people that were reasonably close to him that were probably involved you. So we put on very heavy sanctions massive sanctions on a large group of people from Saudi Arabia. But at the same time, we do have an ally. And I wanna stick with an ally. That in many ways has been very good only two thousand people remain unaccounted for in northern California's huge wildfires. Authorities say seventy. Seven bodies helping found rain is forecast for the area this week. But there are fears floods and mudslides could affect forty six thousand people under evacuation orders and the house of lords mascot, the number of peers urgently. A committee of 'em piece has demanded the number of loads must capped at six hundred instead of its current eight hundred limits, that's according to M P, Ben on Jenkin, the chair of the public administration and Constitutional Affairs committee, which produced the report so for every two pairs that retires or dies. She only appoints one replacement and over time this could reduce the size of the house lords too much near the size of the house of Commons. I six hundred global news twenty four hours a day on Aaron it take talk on Twitter powered by more than twenty seven hundred journalists, and and listen more than one hundred twenty countries, I'm beyond guarantee. This is playing back, Markus. That's very much. Indeed.

Bloomberg China Europe United States Mike Pence Theresa May vice president prime minister president telecom Italia fed Elliott Shanghai ASX Markus Xiaomi vice President EU India Xi Jinping
Telecom Italia, Elliott And Luigi Gooby Tozi discussed on

00:27 sec | 2 years ago

Telecom Italia, Elliott And Luigi Gooby Tozi discussed on

"Europe. In corporate news this morning telecom Italia's decision to name Luigi Gooby Tozi. As CEO marks another victory for Elliott management. And it's pushed for a radical overhaul. The ball chose the former Merrill. Lynch Bank gets to succeed, ammos Ganesh who was ousted last week for resisting. Elliott's call for the landline network to be spun off the decision. Entrenches? Elliott's influence and undermines top Telecom Italia shareholder,

Telecom Italia Elliott Luigi Gooby Tozi Ammos Ganesh Lynch Bank CEO Merrill Europe.
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:41 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Telecom Italia decision to name Luigi Guba Tozi as CEO marks. Another victory for Elliott management at its push for radical overhaul. The board chose a former Merrill Lynch banker to succeed Amos Janisch who was ousted last week for resisting. Elliott's calls for the landline network to be spun off decision. Entrenches? Elliott's influence and undermines top Telecom Italia shareholder, Vivendi. Google cloud is to have a change of leader. The Diane green will step down in January and be succeeded by former oracle executive Thomas curious. He will join the operation later this month and work alongside green until she leaves Google cloud expanded rapidly under green as she spent heavily to challenge, Amazon and Microsoft, she says she intends to remain on the board of Google parent. Alphabet. Anna dansko Bank, money laundering, whistle-blower is fully committed to working with Danish. Parliament, even with the threat of prosecution under banking secrecy laws. That's according to his lawyer Howard Wilkinson led the banks Baltic trading operation from two thousand seven until April twenty fourteen left after a learning management to suspicious amounts of money flowing through Don, Scott, Estonian unit later, spoke out through the media. Is said to be thinking of applying for mutual funds license in China to exert more control over its operations, their sources tell us. The company is in talks to sell at sixteen point five percent stake and Bank of China investment management, and has asked regulators about a majority controlled joint venture, the Larry thank has said, he hopes BlackRock and become a strong player in China. And that's your Bloomberg business flash. Thank you very much Deborah for that round up..

Elliott Telecom Italia Google Diane green Luigi Guba Tozi China Bank of China Merrill Lynch Thomas Amos Janisch Bloomberg Howard Wilkinson CEO dansko Bank Deborah BlackRock Vivendi Parliament
"telecom italia" Discussed on WAFS Biz 1190

WAFS Biz 1190

01:43 min | 2 years ago

"telecom italia" Discussed on WAFS Biz 1190

"Mount. Deborah. Telecom Italia decision to name Luigi Guba Tozi as CEO marks. Another victory for Elliott management at its push for radical overhaul. The board chose the former Merrill Lynch banker to succeed Amos Janisch who was ousted last week for resisting. Elliott's call for the landline to be spun off its decision and trenches Elliott's employer. Undermines top Telecom Italia shareholder, Vivendi. Google cloud is to have a change of leader. The Diane green will step down in January and basic seeded by former oracle executive Thomas curious. He will join the operation later this month and work alongside green until she leaves Google cloud expanded rapidly under green as she spent heavily to challenge, Amazon and Microsoft, she says she intends to remain on the board of Google parent. Alphabet. Dansko Bank of money laundering. Whistleblower is fully committed to working with Danish. Parliament, even with the threat of prosecution under banking secrecy laws. That's according to his lawyer Howard Wilkinson led the banks Baltic trading operation from two thousand seven until April twenty fourteen he left after a learning management suspicious amounts of money flowing through Don, Scott, Estonian unit later, spoke out through the media. Black rock is said to be thinking of applying for a mutual funds license in China to exert more control over its operations, their sources tell us. The company is in talks to sell at sixteen point five percent stake and Bank of China investment management, and has asked regulators about a majority controlled joint venture, the Larry thank has said, he hopes BlackRock and become a strong player in China. And that's your Bloomberg business flash. Thank you very much Deborah for.

Telecom Italia Elliott Google Diane green Luigi Guba Tozi China Mount. Deborah Bank of China Howard Wilkinson Merrill Lynch Thomas Deborah Amos Janisch Bloomberg Dansko Bank CEO BlackRock Vivendi Parliament
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:35 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Will start off with seven leading conservatives, including Boris Johnson. David Davis and Dominic Robb are actively pursuing campaigns challenge. Theresa May's premiership. That's according to the Sunday Times who are not saying where the information came from the pound ended last week more than one percent, lower is uncertainty about Britain's political future grip markets. President Trump says the US will they show a very full report on the killing of Tabatha Shuki by Tuesday follows media accounts, the CIA had concluded Saudi Crown prince Mohammad bin soman or that the assassination of the columnist. Trump denied the agency had made the judgment saying it hasn't assist. Anything? President Trump has visited California where he's seen firsthand the ravages of deadly wildfires. If killed seventy one people potentially left more than a thousand people missing president is now stressing common ground on how to approach the problem parking a change of tone to previous criticism of the state's democratic leaders. See what's happened here? Nobody would've ever thought. So the federal government is behind you all behind each other can truly say. Jerry. And I have been speaking and Gavin I have now gotten to know each other and work. Work together will. Do a real job. This is very sad to see. Sources say Telecom Italia is set to name former Merrill, Lynch spanker, give your toes Tozi as its new chief executive officer. That's after almost was ousted this week by allies of an activist shareholder people familiar with the matter. Samy ten directors for backed by Elliott management kore- on give Tozi conference call. They held yesterday. C N N White House correspondent Jim Acosta has returned to work hours. After a federal judge ordered Trump administration to immediately return, his press credentials, White House said it would do so quotes temporarily by the lawsuit over the issue continues because the spoke to his colleagues as he entered the gates of the west wing journalists need to know that in this country. Their first amendment rights of freedom of the fresh are sacred. They're protected in our constitution and. Throughout all of this. I was confident. And I felt that this would be the result at the end of the day that our rights would be protected to continue to cover our government and hold our leaders accountable. I would headlines.

President Trump president Boris Johnson Theresa May federal government Tozi David Davis Telecom Italia Dominic Robb premiership Jim Acosta Tabatha Shuki N N White House Britain Gavin CIA US California Samy
Gubitosi seen as favorite to become Telecom Italia CEO

BTV Simulcast

00:21 sec | 2 years ago

Gubitosi seen as favorite to become Telecom Italia CEO

"Sources say Telecom Italia is set to name former Merrill, Lynch spanker, give your toes Tozi as its new chief executive officer. That's after almost was ousted this week by allies of an activist shareholder people familiar with the matter. Samy ten directors for backed by Elliott management kore- on give Tozi conference call. They held

Telecom Italia Chief Executive Officer Samy Merrill Tozi Lynch
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:20 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Every fifteen minutes here on Bloomberg radio and Marcus. I've got a bone to pick with Jeffrey gun black because he says no one's talking about the ten year yield. Obviously, he wasn't watching daybreak Europe. Yesterday. All listening today Europe on radio because we definitely talked about it at ten year yield on a three six hundred right now, we'll get to that in a second. But first of all European equities dead flat of the open. Yeah. Absolutely. The stock six hundred not budging much as look at an hour. It has been on its best drawn essentially since July the stock six hundred we're going to see where it's heading this Thursday looking at some of the underlying indices, we're seeing the whole entire by almost two tenths of one percent. The Footsie-100 rising by tenth of one percent. Some modest gains in London and Paris. We're still waiting for that opening figure out of Frankfurt on a sector-by-sector basic. Basis. We are seeing basic resources rising this morning about perhaps on the back of rising oil prices. Yeah, we definitely seeing a WTI earlier was above seventy one dollars. A barrel is holding above that. Now, seventy one sixty eight up eight tenths of a percent. Brent crude trades at seventy nine seventy one we go that eventually data out of the US yesterday. Of course, as a few things playing into the oil dynamics here, but that inventories data dropping for a fifth straight week. So that's something we're keeping an eye on. And also, I'm gonna overdo it. Now, we're keeping an eye on the ten year yield. Okay. Three point zero seven percent is where we trae. What's key, right? Is not just that. It's about three percent of is actually holding above it for now, Marcus because five times this year, we've gone above it. And then pulled back quite briefly, but we're holding above it now. But the two year yield is also something I'm focusing on the front end because that two year yields of a decade, we're on to seventy nine hundred right now, which means that over the past couple of days we've actually seen some curves steepening as well on the twos. Tens we continue on that today. Twenty seven basis points is where we are on the twos. Tens risen from twenty basis points. On monday. What was the again, the ten year yield is not the one. I mentioned I mentioned it already. Maybe maybe shall we? Just also check FX markets as well. While we're at it. We all seeing the Bloomberg dollar spot index marginally lower this morning. The euro on the front foot at one spot sixteen eighty eight higher by about a tenth of one percent. We've also been watching the Kiwi dollar right overnight after better than expected. Second quarter GDP figures out of New Zealand. We have seen the Kiwi rise to fresh highs essentially trading higher this morning by a run about half of one percent against the dollar. We're also seeing the South African rand spiking one point one percent against the greenback. This says we're looking at a South African rates decision today. Yeah. That's something definitely to watch for in terms of whether we get a high Connor, I mean, generally if you look at EM FX, the MCI merger. Marquette FX index is up one tenth of a percent so on a broad basis gating for a third day against the dollar as I say with Asian equities. We saw a bit of a mixed session in Asia, the ship civic index up some two tenths of a percent is after we saw. Muted gains in the US and US futures trading. Pretty flat right now. Let's delve deeper into some of the stocks to watch in the European trading day. Bloomberg's to Shankar is joining us now in our London studio. Great to have you hear George? Let's kick it off with Nestle, shall we? Because apparently, it's exploring strategic options for its skin health unit. Yes. Marcus morning necessarily is exploring options through skin health businesses business with sales around two point seven billion francs. This comes as part of its plan to sharpen up its portfolio. Nestle said this morning that the skin care regions opportunities lie outside the group strategic scope, so there this this is all within the context of Nestle's sort of heightened period of buying and selling at the moment. They agreed fell Gerber life insurance earlier this week on also they're apparently considering selling their lunch meat, Bryan. Herta shares are actually up about point five percent because it's such a huge company that makes them the biggest. Move on the stock. Six hundred moment this morning. Good point. And speaking of buying and selling George Telecom Italia said to consider bidding for Nextel in Brazil. Tell us more about this. Yes. So Nextel is a career in Brazil with about three point two million subscribers and this all comes in the context of an ongoing fight between Elliott and Vivendi to to make telecom. Italia. Shipshape? There's currently no comment on this report from either company, but we would probably get something concrete by September twenty fourth which is when there is a plan board meeting between Telecom Italia shareholders. And we're seeing the stock full at the moment by point seven percent. So clearly not liking that. All right rocket internet. Meanwhile, rocketing ahead in German trading higher by three point seven percent talk us through the new slower on the stock. So Ruxton snap. Share buyback is the new slow. They're going to buy back up to three point six percent of their own shares 150-million-euro. So it's up. It's up nearly four. Percent. Now, they've posted first half profit of nearly three hundred million years and they're on track for the most profitable year in four years that gearing up for another IPO of their furniture retailer, west wing after other successful IPO's. But just put this in context. The stock has actually fallen twelve percent in the last month up to today. So they're now eight percent down over a month. Yeah. Thank you. Joel Shanker with our stocks to watch. I just want to point out George was saying that Nestle's the biggest move on the stock six hundred the function. He was looking out for that. Was Emo veto is the biggest one of the biggest move is in terms of index points on percentage terms, though. And this is where you go to are. You'll hear ima- set up three point nine percent. And that is the best performer right now the worst before my group down five point seven percent. Thank you Joe chunk with our stocks to watch. Yeah. Inmarsat rising as struck a deal with Panasonic avionics to team up on in-flight broadband, so one story to take into account. Let's delve deeper into our other top stories this morning European. The UK leaders have exchanged warnings that time is running out to seal an agreement on the Brexit. Neither side offered an indication that they can break the deadlock less than two months before the deal is due to be completed at their summits in Salzburg, Austria European Commission. President George Jonker said Brexit deal was quote far away. The UK's prime minister said that she still stands by her Brexit plan. I believe this is the right.

Nestle Bloomberg Marcus President George Jonker US Europe London Telecom Italia UK George Telecom Italia Jeffrey Nextel New Zealand Inmarsat Brazil Frankfurt Joel Shanker Brent
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:45 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Details meeting with the master lighthizer and his team the atmosphere continues to be cordial. There is a lot of goodwill on both sides. Our officials now have some more work to you. And we'll continue working evening. And then I agree to meet again. Canada's foreign minister there Kristie Freeland the Whitehouse. Meanwhile, says that President Trump will nominate economist nearly Leong to one of three vacant seats on the Federal Reserve Board of governors Liang is a senior fellow at the Brookings Institution. Who specializes in financial stability in credit markets earlier in her career. She spent three decades the fed and helped strengthen the banking sector after the financial crisis. In emerging markets. Turkey's government is set to reveal its economic plan later today. It comes as some economists warn the economy may be headed towards a recession. Bloomberg Semicon has more. Turkey's finance minister, all by is set to deliver the government's three-year economic plan. Investors will be looking for parties to commit to a tight fiscal stance to help narrow the country's to indefinite. A forty percent slide in this year has dealt a blow to an economy that relies heavily on foreign influence keep growth taking along inflation nearing. Eighteen percent isn't helping either an Istanbul. Simmons on Bloomberg daybreak Europe. Now in corporate news Volkswagen has been persuaded to fall in line with US sanctions on Iran and sources in Germany say will wind up almost all of its operations, then the US and VW finally reached an agreement off two weeks of talks with call make allowed to continue doing some business under humid, under a humanitarian exception VW hasn't commented, but the US ambassador to Berlin says that it has complied with. Sanctions. We are getting by the way read headlines crossing the Bloomberg terminal on the Japanese election. Shinzo Ave has won reelection of his this is an L D P leadership election, not a general election, but that should be positive for Japanese stocks already gaining in in the late session. We see the topics and the Nikkei up about a quarter of a percent, actually not really moving much as we heard from our Cranfield. It was already pretty much priced in. The question is how much did he win five hundred fifty three votes were for obey were cast for obeying. His rival is Sheba got two hundred fifty four votes in the ballot. Yeah. As you say mom, this was largely expected and that is by paps. We're not seeing that big of a reaction when it comes to any stocks, nor in the Japanese yen pounced perhaps strengthening somewhat by a tenth of one percent. Does that look at a now? Now, another culprit story here in Europe telecom Italia's, Brazil units is considering making a bid for the country's fifth largest mobile phone carrier. Nextel Bloomberg has learned the telecom Italia's CEO. I most Ganesh is considering discussing the possible deal at the European carriers. Plant board meeting on Monday representatives for telecom. Italia on Nextel were weren't on available for comment outside business hours. All right. Let's get the world national news. Now from leeann guarantees leeann good morning that the US and North Korea should hold a new round of tubes with the goal of achieving denuclearization by the end of Trump's first term pass. According to secretary of state, Mike Pompeo, Bloomberg's pizza pay. Reports the leaders of the two Koreas the legendary.

Bloomberg US Nextel Bloomberg Bloomberg Semicon Turkey Europe telecom Italia Trump telecom Italia Volkswagen Leong leeann Istanbul Mike Pompeo Brookings Institution Kristie Freeland Europe Canada
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:38 min | 2 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Tenths of one percent twelve twenty nine of the ons west Texas intermediate crude sixty nine fifty an advanced right now of one point four percent one. Oh two on Wall Street that, means it, is time, now for the market driver's report, with a focus on American depositary receipts and here is Dave Wilson thanks. Charlie eighty yards are falling unlike US shares the a DR index is down a tenth to. Represent while the s. and p. five hundred 's up three tenths of a percent eighty yards of. Automakers are lower after President, Donald Trump threatened to impose tariffs on all cars imported into the US Japan's Toyota Motor is dropped one point three percents in US. Trading Germany's BMW is slipped one Point. Nine percent and Mercedes-Benz maker dime learner is down two percent Switzerland's as seeing microelectronics has lost. Six point four percent the chip maker said it doesn't. Expect to be more profitable in the second, half Email with a rebound in demand from apple and other smartphone, makers the outlooks. Also weighing on German chip. Producer in theory on who's eighty ours down two point two percent Telecom Italia has risen two point. Six percent people familiar with. The. Matter said the phone companies. Going ahead with the sale of its undersea cable unit sparkle and is looking at digital sales activist investor Elliott management which controls Telecom Italia wants to. See divestitures and Brazilian supermarket owner GPA has, gained seven percent second quarter earnings beat analysts estimates, even though deflation and a nationwide trucker's strike hurt. Results Charlie, aren't we think very. Much Dave Wilson following those American Positively receipts are receipts mentioned two other big movers today after earnings a grub ticker. G. r. u. b. it is up twenty five percent also out this. Morning I robot it, is rallying twenty two point seven percent recapping. S and p off eight again there of three tenths of, one percent I'm Charlie pelletan that is a Bloomberg business flash well Charlie you said it trade and tariffs, are top, of mind on. Wall Street and that is certainly the case at. The White House where later. This hour President Trump meets with European Commission president John Claude Yonker and e you trade. Commissioner Cecilia. Malmstrom younger discussed his trip. In, Brussels last month We should do dramatize relations, we, need, these, relations, the US relations true that we will find an agreement between the US you opinion Union but we and watching along with all. Of us Bloomberg news global trade reporter Andromeda, he is here with me now in our Bloomberg ninety nine to one studios in Washington and I guess the operative question right now Andrew is can one man hold two diametrically opposed opinions. At the very same time when we have reports that President, Trump is pushing, for a twenty five percent tariff on all imported vehicles by the end of this year? While, at the same time the president. Tweeted why, doesn't Europe and the United States just drop all their tariffs what is going on yeah I think the answer is. Yes I mean I, think that the, president has shown that he can sort of be Schroeder's cat on I mean he can be simultaneously anti trade at almost in the same? Breath, he can he can propose, dropping. Tariffs across, the board this is actually very similar to something he did at the g seven summit Last month in Quebec with. Probably feels like a decade ago but yeah at the time he said that He actually. Proposed that all g seven countries lower their tariffs to zero so there's a precedent for him doing this so how's that. All going, to go over with the Europeans I think that you captured the view of. The Europeans in that clip that you just played I mean I think that Yonker is trying to downplay expectations. It is I, think significant though, that they are proposing multi-country deal the Europeans are floating this idea, that all major car exporting countries could reduce their terrorists at the same time so. I. Mean at, some point maybe the president puts on his his his dealmaker hat and says but, right now it's feels like he's playing more of, disruptor than, than deal may yeah I mean that is kind of a fascinating idea? To. To have something, of a multilateral move but given this president's disdain for multilateral. Trade agreements I mean how is something like that, likely to be received at the White House yeah as I said he. Seems to be relishing more the role of. Disruptor dealmaker if you actually look at the the trade deals That he has reached since he's become president all our is is, an agreement in principle with south Korea South Korea, there there, are no other deals that he's actually signed he's pulled out of TPP? He's. Threatened to pull, out a NAFTA I think that in the short term yeah. The chances of of multi-country dealer probably fairly slim And. In the meantime we now have the president planning this twelve billion dollar farm. Aid package to farmers who could be hurt by tariffs and, my question to, you Andrew is if the president will is prepared. To do this for farmers. Could this be a precedent for other. Industries down the road actually it's funny. You, mention that Peter 'cause I was wondering that myself But seriously I mean it Trump is just totally warping the traditional ways that we think about about. Economics you know usually a Republican has pro-market usually they would be totally aghast at the idea of this type of. Subsidy for for any part of the economy but the president showing. That yeah in some ways he's free market he wants to cut taxes but he does want to get tough on trade and. He's willing to distribute, revenue to to, cushion the blow arm so, we've left you just about thirty seconds. To handicapped what you expect to see from this White House meeting, today I think a significant that they're not holding a joint press conference I think that that naturally Yonker wants to. Stand beside the president right, now and and and go through the those the Trix I don't expect. Much but you know if there's no direct confrontation I think? That's, probably a. Good thing and we. Do know that the the president It will be making. An address at the center for security and. International studies later today as well so we'll. Be watching that, Andromeda global. Trade reporter, for Bloomberg news thanks as always straight ahead on Bloomberg politics policy power in law. The federal, government prepares to declare mission accomplished on family reunifications first we check the latest world and national headlines Nancy Lyons in the Bloomberg ninety nine one, newsroom thanks and President Trump, has, his share of, issues hanging over. His head as we approach, the November midterms the Russia probe the porn star scandal and now a tape that appears to show the president knew. About a cover up of allegations of an affair but it doesn't look like any of those issues will be having. An impact at the polls we get more on that from Bloomberg's. Amy more trumpet defied political grabbing numerous times so I I don't know why this would be any different than before Republican strategist. Kevin mcglaughlin of coaching, strategies tells Bloomberg, daybreak Russia doesn't really move, the needle with boaters neither do sex. Scandals voters don't care about they don't care About Russia voters do care about those bread and butter issues like trade, and tariffs and how that might impact President Trump's base in Washington I'm Amy Morris Bloomberg radio. The Trump administration is facing a deadline, tomorrow to reunite families that were separated at. The border, under a zero tolerance policy the federal judge who imposed deadline said yesterday. The lack of information on parents if separated. Kids shows a lack of forethought democratic Senator. Dick Durbin says it's a lack of compassion. American ketamine pediatrics Does happen to these kids there's a clinical term for it is. Institutional child. Abuse, at the hands of our, government is unacceptable whatever your position on immigration for goodness sakes would you take it out on children that's. What this administration did a racing government court filing says four hundred sixty three parents, may have been removed from the country without being reunited with their children, global news twenty four hours a day. On air and.

President President Trump Bloomberg John Claude Yonker US Charlie pelletan Dave Wilson White House Mercedes-Benz Telecom Italia apple Germany ons west Texas BMW Switzerland Russia Washington Andrew reporter
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:53 min | 3 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Has won a fight over telecom italia's board the slate put forward by the new york based hedge fund run by billionaire paul singer narrowly defeated vivendi's proposal it's a milestone for elliot the first proxy win in its four decades in operation joins your bank is taking more steps to pair its operations in the us bloomberg's ed corry has details according to an internal memo seen by bloomberg the german lender is closing its houston office that location has more than fifty employees going to a person familiar with the matter the cuts follow last week's announcement by deutchebanks new ceo kristen saving that the lender will trim it's global equities business and reduce us corporate finance activities with sectors that have links to europe it previously cut research coverage for latin american companies ed corry bloomberg radio bnp pari by failed to keep up with its wall street rivals in the first quarter trading income at the french banks global markets unit fell fifteen percent sales from fixed income currencies and commodities declined by almost a third nationally as close to a deal for starbucks business that sells coffee beans and drinks in supermarkets according to a person familiar with the situation and agreement will probably be announced monday the deal would not involve the seattle based companies cafes sales at a new yorkbased burr chain surprised wall street bloomberg's courtney donohoe has more shake shack shares hit a three year high today this is after the company reported same store sales rose one point seven percent despite the modest drop than analysts were expecting the first quarter strength was attributed to the company's mobile ordering and delivery initiatives and several analysts raise their price targets on the stock while others expressed concerns about the company's traffic and sustainability meanwhile shake shack increased its sales outlook for twenty eighteen instead of plans on opening thirty two to thirty five new domestic stores this year courtney donohoe bloombergradio facebook has been doing research to see if there's a market for an ad free version.

telecom italia starbucks europe kristen ceo houston bloomberg elliot vivendi new york facebook courtney donohoe seattle deutchebanks ed corry paul singer fifteen percent
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:50 min | 3 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"The ceo at credits we saw his paycheck shrink last year in the third year of a major restructuring the bank says t john received ten point two million dollars for twenty seventeen that's five percent less from a year before credit suisse says chums pay would return to levels in line with the bank's expected improvement may thanh diong ping a chinese food reviews and delivery giant backed by tencent is considering going public in hong kong initial public offering that's according to people familiar with the matter us companies are finding that the flow from the foreign money spigot is slowing we get the details from bloomberg's jeff bellinger foreigners showed signs of being net sellers of us investment grade corporate debt this week according to bank of america data and he's selling pressure comes after international investors bought just thirty eight billion dollars us investment grade corporate death in the fourth quarter according to you es the least since the beginning of two thousand sixteen when the corporate bond market was in freefall ubs as overseas money managers are a key pillar for the market having bought more than one point four trillion dollars of the security since two thousand thirteen jeff bellinger bloomberg radio activist investor paul singer has one around in his battle for influence at telecom italia with the chairman and six directors quitting the board the move gives vivendi's some time in its attempts to fend off singers elliott management in a contest that's likely to come to a head at a telecom italia shareholder meeting in may coming up oregon congressman greg walden on the cambridge analytical scandal i'm pat carroll this is bloomberg adopt us kids one eighty over one eleven and i had a stroke i couldn't speak i walk this is high blood pressure get back on your plan to lower your hp dot org brought to you by the american stroke association american medical association.

american stroke association cambridge congressman oregon vivendi telecom italia bank of america jeff bellinger american medical association ceo pat carroll greg walden chairman paul singer bloomberg hong kong tencent t john thirty eight billion dollars
Thiam's earnings dip as Credit Suisse overhauls executive pay

01:50 min | 3 years ago

Thiam's earnings dip as Credit Suisse overhauls executive pay

"The ceo at credits we saw his paycheck shrink last year in the third year of a major restructuring the bank says t john received ten point two million dollars for twenty seventeen that's five percent less from a year before credit suisse says chums pay would return to levels in line with the bank's expected improvement may thanh diong ping a chinese food reviews and delivery giant backed by tencent is considering going public in hong kong initial public offering that's according to people familiar with the matter us companies are finding that the flow from the foreign money spigot is slowing we get the details from bloomberg's jeff bellinger foreigners showed signs of being net sellers of us investment grade corporate debt this week according to bank of america data and he's selling pressure comes after international investors bought just thirty eight billion dollars us investment grade corporate death in the fourth quarter according to you es the least since the beginning of two thousand sixteen when the corporate bond market was in freefall ubs as overseas money managers are a key pillar for the market having bought more than one point four trillion dollars of the security since two thousand thirteen jeff bellinger bloomberg radio activist investor paul singer has one around in his battle for influence at telecom italia with the chairman and six directors quitting the board the move gives vivendi's some time in its attempts to fend off singers elliott management in a contest that's likely to come to a head at a telecom italia shareholder meeting in may coming up oregon congressman greg walden on the cambridge analytical scandal i'm pat carroll this is bloomberg adopt us kids one eighty over one eleven and i had a stroke i couldn't speak i walk this is high blood pressure get back on your plan to lower your hp dot org brought to you by the american stroke association american medical association.

American Stroke Association Cambridge Congressman Oregon Vivendi Telecom Italia Bank Of America Jeff Bellinger American Medical Association CEO Pat Carroll Greg Walden Chairman Paul Singer Bloomberg Hong Kong Tencent T John Thirty Eight Billion Dollars
"telecom italia" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:41 min | 3 years ago

"telecom italia" Discussed on Bloomberg Radio New York

"Including telecoms new energy vehicles education and health care to foreign investment lee also said tariffs on autos and some consumer goods would be reduced or removed in beijing told mckenzie bloomberg daybreak thank you tell them and deal news irish packaging makers smurfit kappa has rejected an unsolicited proposal from international paper shares of smurfit kappa are up eighteen percent this morning nordstrem's independent directors have turned down an offer by the company's founding family that value that shane at eight point four billion dollars the board told the wouldbe buyers to increase their offer her move on and activist investor paul seniors elliott management is building a stake in telecom italia according to people familiar the the matter the hedge fund wants changes in the way the company's largest investor french conglomerate vivendi is running it italian newspaper la repubblica says elliott has bought a six percent stake in telecom italia shares other telecommunications company are up four percent in milan features this morning are higher sp futures up five points dow futures up fifty eight nasdaq futures up twenty six the dax in germany is up one point one percent 10year treasury of 232nds he'll 287 percent yield on a twoyear two point two three percent nymex crude oil is up less than a tenth of a percent up five cents is sixty to sixty two a barrel straight ahead we have the latest world and national news and this is bloomberg bandic karen at brings us to five thirty three on wall street he wants to know what they want with his emails bloomberg's michael barr.

smurfit kappa bloomberg germany milan vivendi telecom italia international paper telecoms mckenzie bloomberg michael barr elliott shane beijing four billion dollars two three percent eighteen percent