quickly reminded that i was still doing pretty fast. (jay) hey, ron, thanks for doing this show! you got all three, that was pretty darn good! (ron) hey, this is a dream. i appreciate you thinking of me. (engines revving) a very good morning to you and welcome to storm"street sig" i'm julianna tatelbaum these are your headlines morrison's dips. and reportedly lines up former tesco ceo. tracking european into the red with futures also under

pressure china's evergrande shares are suspended in hong kong pending a major transaction announcement with hobson development suspected to take a majority take for $5.1 billion. and the british army will begin delivering petrol today as prime minister boris johnson vows he won't soften immigration rules to ease supply chain issues. >> what we can't do is in all these sectors simplygo back to the failed old model, reach for the lever called uncontrolled immigration. a very good morning and welcome to the program we're going to kick off with a story that's been brewing for some quite some in the m&a space. clayton and rice is set to take

over morrisons the bid of 287 pents per share beat fortress' bid by a penny. they will vote on the deal on the 19th of october. let's look how morrison's share are reacting we're in a selling pressure, morrison's down about 3.8% one of the worst performers in europe this morning. this is how uk grocery ss are trading this morning we have seen some read across to the broader sector, potentially making the rest of the uk grocery sector more attractive potentially for those who missed out on the morrison's deal

we have tesco up about 0.9%. but it's sainsbury up 2.2% let's get to karen from west london who's been covering this story for us what a saga this has been. talk us through how the auction played out over the weekend and what this means for morrisons moving forward. >> the weekend process was probably the most under whelm m part of this takeover battle we saw bid after bid lobbed to the point it was reaching a point of no return for a number of bidders and decided to take behind closed doors for the settlement and both sides, settlement and cd&r were lobbing offers most of the entire power expended in the early part of the process and in the end cd&r

only bid two pent per share more than what fortress brought i think they were hoping the process would run hotter than it did over the weekend you saw the process go up friday but it didn't go up, which is why you have the reversal today. it is constituting a 61% premium from where the shares first offered back in june so a lot of upside for recent shareholders, longer term shareholders might feel shortaged. but there's been a lot of change and competition in the grocery sector in the uk the cd&r offer was led by the former tesco ceo, he's now

thought to be in the running of the group. he would like to work with current management, including the ceo david pots who would like to stay on. there's a lot of vigor with his work in the supermarket group. he's thought to be sticking around, we need to wait for confirmation of that also commitment to the main property chain don't forget one of the big problems here had been the 90% ownership of the stores, it's thought originally pe might come in, sell off that property portfolio and lease back the sale to investors. but they made pledges to keep the footprint. bernstein said if you want to get the typical returns you may have to sell 1.5 billion pounds worth of that property portfolio so wait and see if the commitments are made over the year

we saw cd&r pledge property so if in the event of insolvency, the pension plans are not pushed further down the line. there's 85,000 current and former employee benefits and when it comes to front line staff this is a grocery store that fed the nation. a lot of key workers on the line here, there's a commitment to pay the workers 10 pounds per hour and the other factor around growth what will the business do with this particular group now it's thought they may double down on the wholesale division, they have a group, trying to put links to convenience stores. the online has been a winner for morrison's at this point and a food delivery app here that has a lot of partnerships

and morrisons may be the new one. there's still a final hurdle here, this must go to shareholders in coming weeks for approval there had been pushback earlier but that was a lower price the bankers cleaned up here, a lot of money in the deal making process from fortress to morrisons to cd&r, morrisons spent about 15 million pounds for advice and fortress 53 million pounds so bankers did really well out of this deal. >> speaking of bankers if we look more broadly at the uk grocery sector there's a talk about some of the others coming into the mix as well now that fortress has missed out we are seeing a bounce in sa sainsbury in particular, what's the chance of looking out and going bigger looking at

sainsbury or even tesco. >> there was a talk whether awe poll low may come into the mix looking to team up with one of the bidders in this process but keeping a drive for something else they may see value in uk assets so they may regroup and add a bid. sainsbury is different than morrisons, the property smaller than morrisons sa sainsbury is much bigger in terms of market share here in the uk so that's one to watch there may be a lot of crossover when you talk about online and wholesale selling too. it is the one we're watching now for any takeover action down the track. >> thank you for joining us and breaking it down sainsbury is the third best

performer this morning the majority of stocks are trading lower this morning but we have bounced off the absolute lows so some stabilization coming through after last week's week for markets. the stoxx 600 dropped about 2.2%, marking the worst performance since february this came as we saw a global -- a rise in global bond yields, european bond yields going higher u.s. bond yields also going higher we are starting the week on the back foot but seeing muted losses in terms of magnitude in terms of region, we are keeping a close eye on germany with the political situation in flux over the weekend. we have the ftp and the greens essential to forming a coalition. so investors watching those closely. the dax opening 2% lower

the ftse down by about the same. we have more resilience in the spanish, swiss, and uk markets this morning this is what the set looks like in terms of sectors. we saw a sell off in cyclicals, autos and banks selling off still broadly the theme about an hour into the session. banks the worst performing sector down 1%, autos down about 1% as well and technology about .8. in technology, health care up about .5, along with oil and gas, utility and service we have an opec meeting this morning. oil and gas as a sector up about .3%. in terms of the individual movers morrisons one that investors are watching

sainsbury third best performer strong performance from the airlines and those around the airlines, up 3%. nordea down 7% bt down about 5. and deliveroo taking a hit down about 4.9% global investors continuing to watch developments in evergrande shares in if evergrande and its property management unit were suspended overnight from trade the group said trading was halted ahead of an announcement on a major transaction looking at asian markets more broadly. the picture from the overnight session, the hang seng dropping over 2%. the nikkei down about 1% china and its markets remain on holiday until thursday the australian markets up about 1.3%

let's get to matt taylor for more on evergrande and what is the latest that investigaors ned to know. >> reporter: these concerns lingering around evergrande and today news of a possibly divestment of a majority stake of a unit hitting investor sentiment. of course, hong kong was closed on friday, so playing catch up when we saw the heavy selling pressure at the end of last week the concerns around evergrande really on the hang seng index. when it comes to evergrande and evergrande property services awaiting any news out of the companies on any announcement. earlier today calling the trading halt ahead of what the companies are saying is a significant transaction, a possible general offer for shares of the company. it was then also reported by chinese state media, the global times in particular, that

chinese property firm hobson has been looking at the property services unit and will be making an offer worth some 40 billion hong kong dollars or around 5.1 u.s. billion dollars this is for a 51% stake of the property services unit but no confirmation yet from those companies as we await the final details of this transaction. it comes as evergrande continues to face off against this big debt load it faces $300 billion in liabilities we know in the last week or so it's missed the two offshore payments to foreign investors. yes, there is a 30-day grace period it remains to be seen whether or not those payments will be made. but this month alone an additional payment is due on october 12th three offshore payments due, one

on october 19th and another on october 30th so if the sale goes through, will $5.1 billion that evergrande will reap from this transaction, will it be enough to continue the company to bobble along and make these interest payments, meet its liabilities it has to front up with or still continue, as is widely expected, to see a wider restructure of the company what do we know about hopson it was founded in 1992 by a property billionaire, who also served as a government official as well in mainland china. apart from that, essentially a very similar kind of business to what evergrande and the property services and the property management division looks like as well. interestingly, you told us, of course, shares halted, evergrande and the property services unit. but the electric vehicle unit

surging today by ann around 30%, this not suspended from trade. and we know that evergrande has suggested a variety of assets could be up for grabs and we know that china has said they should take a look at the assets the electric vehicle unit rallying by more than 30% at one point. >> so many pieces to this story, thank you for the latest, matt coming up on the show, we head to dubai where they're hoping to drum up excitement about the future of business in the region by expo 2020. that's next.

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so you can stay ahead. get started with a great offer and ask how you can add comcast business securityedge. plus for a limited time, ask how to get a $500 prepaid card when you upgrade. call today. u.s. trade representative katherine thai is expected to announce today that china has not complied with the phase one trade deal agreed under former president trump. the u.s. is evaluating potential actions against china for breaching the deal, including more tariffs under the agreement china is

supposed to buy $200 billion worth of additional u.s. goods over a two year period house speaker nancy pelosi has written to her democratic colleagues urging them to pass the infrastructure bill ahead of an october 31st deadline after an extension was approved on friday federal transport workers could be put on furlough if the deadline is missed it comes amid divisions within the party. progressives have pushed to tie the bill with president biden's broader $3.5 trillion spending plan meanwhile, some of the party's more conservative members oppose the spending including senator joe manchin, saying his top line for the welfare package is $1.5 trillion. senate majority leader chuck schumer said he aims to pass both measures this month. >> we're trying to pass the most significant legislation to help working families throughout new

york and throughout the country that has been done since franklin d. roosevelt. i believe we're on track to pass both the bipartisan infrastructure bill and the build back better reconciliation bill. the dubai expo enters the fourth day after being delayed for a year after the united air of emirates looks to kick start from the pandemic. i had the privilege of going to 2010 in shanghai, it was extraordinary then to bring people together from all over the world. i can only imagine after the last 18 months how special, how much energy there must be in dubai. talk to us about who you caught up with today. >> reporter: certainly a lot of energy on the ground here. this isfascinating the expo in 2010 in shanghai

drew record numbers, probably one of the most successful to date you were there to see it with your own eyes. the expo in 2015 in milan wasn't necessarily declared a success, at least in the history books but dubai is looking to reverse the trend with the 2020 expo being host, thanks to a year-long delay as a result of the pandemic in 2021 we are in day four of expo i'm impressed by the number of people i can see walking around on the ground here sure it's a monday but we are likely to see more people coming out on the weekend and there has been huge events over the past couple of days, in order to bring people in. organizers here expecting around 25 million visits over the course of the six months i have spoken about the economic translation that organizers hope this event is going to have for the region with a number of policy makers. i had the opportunity to speak with the agcmo, the head of the

abu dhabi financial center this was his first interview since taking the top job in june i asked what is the economic translation for the uae going to be and about reforms being made in saudi arabia to drum up business and is that a threat for the uae and business. >> business has been surprisingly robust. we've had a large cohort of people that have come into our system and over 3,000 companies that are registered. we have, actually, quite an interesting backlog of companies, individuals, family offices and foundations that are making application so in that sense we are fortunate and i put us in the category of people who have sort of emerged from the post pandemic world on the right side

of things. overall, thumbs up. >> and the uae is on show at the moment, expo is under way. i want your take on this, this is a major capital works program, comes at significant expense. what's the return on the multi-billion dollar expo investment going to be >> the return has to be calibrated from a financial standpoint, money expended, money coming in. i think there will be people coming in and also staying for a few extra days for holidays. but you also need to measure, which is difficult to do in a financial sense, of the signaling of -- that we're back in business, the country's open and things are happening here. so between the two, i think the results are very positive. but if you ask me to actually give you the numbers, i don't know them. >> i think what's more important is the fact that when it comes

to retracting and retaining businesses what we see is regional competition rising. in saudi arabia we know there's moves to try to take business away from the uae so what is abu dhabi in particular doing to ensure this place remains the regional, financial and business hub? >> that's a good question. if you think of the world in terms of zero sum, what could take that angle. i would say as a -- because i spent all of my life in investments and in trading and on trading desks and banks, when i look at a place, at a jurisdiction, what i think about is, what are the benefits of being there? and there are multiple ones, right. because here it's easy to move your family, it's easy to live here, right. and yes, you have the rule of law. and yes, you have the pulls of capital. and yes, you have the business situation.

so it's the package. and i would say, you know what, come and take a look that's what i say to people, come and take a look if you're an astute business person and you want to protect your business, come and take a look i think, once you've spent two or three days in abu dhabi if you haven't, you'll know the answer to your questions easily. >> you don't think the reforms saudi arabia are making are going to m come at a cost to its neighbors? >> i don't think it's going to have a dramatic negative impact on abu dhabi, no >> expo 2020 dubai was forecast to bring in around $30 billion u.s. dollars investment for the uae but it's still unsure whether it's going bring in the reward >> you can hear more from dan's interview with mark cutis, just

head to cnbc.com tesla delivered 241,300 electric cars in the third quarter. topping expectations and what was a record period for the auto maker despite delivery delays due to global supply chain issues earlier this year tesla suspended some operations in shanghai, but plants have reopened in california and china and tesla is building a new factory in texas geely auto plunged 30% from a year ago volvo warned sales for the second half of this year may extend the fall due to material shortages. the global component shortage has caused major manufacturing delays and pushed several car makers to scale back output. >> reporter: as expected third quarter sales in the united states were lackluster for auto

makers, they were down right ugly because the chip crisis has hurt the supply of new vehicles, there's not enough vehicles at dealerships for people to buy. gm stands out with sales dropping by almost a third compared to a year ago honda and nissan down 10%. toyota, it did not release third quarter sales numbers on friday but said in the month of september, sales dropped more than 22% and again, toyota in the same boat with all other automakers hurt by the chip shortage, are things going to improve for automakers maybe. but they expect the chip shortage to improve in the fourth quarter they have all plants operating in some capacity here in the united states. maybe not in full operation but in some operation. as we move towards the end of

the year, the supply of chips should improve, the inventory of new vehicles should improve and then you should see a little greater sales at dealerships here in the united states. as for the sales pace for the third quarter, most believe it's going to be 13 to 13.4 million vehicles that would be down carrier blue from a year ago when the pace of sales was about 15.5 million vehicles still ahead on "street signs," barely a week after germany went to the polls attention turns to the latest polls ahead of next april's french election. we'll discuss next

welcome back to "street signs," everybody. i'm julianna tatelbaum and these are your headlines morrisons share dip as cd&r completes the takeover for just shy of 10 billion pounds and reportedly lines up former

tesco ceo as chairman. china's evergrande shares are suspended in had hong kong pending a major transaction announcement with hopson development expected to take a majority stake in the property arm for $5.1 billion european markets into the red with u.s. futures also coming under pressure as we kick off the first full week of the fourth quarter and the british army will begin delivering petrol from today in a bid to ease the fuel crisis as prime minister boris johnson vows he won't soften immigration rules to ease supply chain issues. >> what we can't do is in all these sectors simply go back to the tired, failed, old model, reach for the lever called uncontrolled immigration we are kicking off the week on the back foot in terms of european markets this is a look

at four x markets. we have a bit of strength coming through for awe row and the pound versus the dollar. we saw the dollar index rise last week about 0.8% the store was the selloff in higher bond yields the u.s. treasury ended the week about 1.1 bases points higher. and today we saw european markets open lower this morning, pair back losses if we can give you a check on european markets this is the picture we have 0.5% losses for the german, french and italian markets. in the uk, we have the ftse down just .1% we have morrisons taking a hit after the auction revealed cd&r the winner some people were hoping for a bigger premium after this weekend's developments but we

have sainsbury performing well this morning in the first hour or so of trade with investors speculating that sainsbury could be a target next in the uk grocery space. some who are long tesco hoping that could be a stock as well. so a lot of interest and movement in uk grocers this morning. u.s. futures we have all three major indices pointing to a weaker start this morning. the dow jones about 160 points lower, the s&p and nasdaq looking at a weaker start. it is a big weekfor data we have friday's payroll report, a key highlight as it follows last month's release which strongly underwhelmed expect talks and we have come po sit pmis out tomorrow. so a lot to look out for this week we have politics continuing to be a focal point for european

investors. we have germany entering exploratory talks the political parties there. but france is coming into focus, emmanuel macron and marine lepen will emerge as leaders a poll that measured opinions as opposed to the actual voting intentions shows macron winning against every candidate with 55 to 65% of the votes. charlotte joins us with more you sent around this new poll last night and it was pretty striking just how solid it suggests macron is right now what can we read into this latest poll? and what is really the biggest risk for macron at this stage? >> what is really interesting in this poll against every single candidate in the second round he would be the one winning but, of course, to get to the second round you have to get through the first round and

there things are more compl complicated. you have batron seeming to be the biggest challenger with 45 to 55 but we don't know what ticket he will run he said he would run but he has refused to take part in the primary election for the center party so if he doesn't run, that will split the center right vote giving them less chance to get to the second round. and another one is marine lepen, she had disappointing results in her local election recently for her party. she was hoping to have a reboot of the campaign ahead of the presidential election. but as a new figure, eric demu is a tv personality and hasn't said if he would run or not but holds controversial views on immigration and the decline of france, twice convicted for some

of these comments. and he's been -- we don't know if he's going to run but he's doing better and better in the polls. it would be bad news for marine lepen splitting the far right vote and maybe stopping her-to-from getting to the second round, which gives macron the better chance to win and things could get tricky as we see bertrand could be the greatest con totender into the second round some candidates not official yet including emmanuel macron, he hasn't said he's running but with the moving pieces we get in the next couple months the official beginning of the presidential campaign coming up. but the father of marine lepen, the founder of the party, will he give support over his daughter so a lot of controversy around

the names. >> we are coming off german's election results and germany entering coalition talks which many say could take months to resolve. is there any read across to the election results from germany to france >> it shows the center left will be watching how the spd came back a few months ago they were far behind in the polls and whether they could win the election and now, of course, in the lead so truly the french left will be watching, the socialist party will be watching and try to learn from the experience. we know the french left is still very, very split you have the green, the far left, the socialists, you have other independent candidates the left vote, each candidate is very low, under 10%. if they can get together, including with the green party, again like we see in germany whether the green and spd get together in france they will

consider is this the path ahead to victory so no doubt they are watching and potentially taking notes >> thank you for bringing us up to speed and look forward to your continued coverage in the lead up to the french elections. let's turn to the latest in germany. the potential king makers informing the next government held weekend talks with the winners and conservatives. polls suggest the voters favor a three-way coalition. however the spd didn't see eye-to-eye on everything. >> we have a few differences in terms of content we emphasize in terms of basis to our election programs >> meanwhile, the secretary general of the social democrats said the party has held factual talks with the spd saying they wanted formal coalition talks to

kick off as soon as possible >> translator: for us, today was a good factual conversation we're able to clarify many things in the first step and the spd is ready for tri lateral talks. we know there are other meetings, one is taking place now, another on tuesday between the greens, cdu, csu we wish the trilateral talks to be held quickly. professor of economics school of management joins us now. thanks for being with us as they kick off the exploratory talks the kingmakers seem to be leaning in different directions at this stage. what do you think each of those parties ultimately wants if they're going to join the coalition? checking if you can hear us? it looks as though we may be

having some technical issues with dhalia's line we'll take a break and work on the technicals coming up, in addition to fleshing out what's happening in germany, here in the uk the government has extended the emergency visa offer for foreign truck drivers as there's still problems at the pumps. we'll be right back.

welcome back to "street signs. let's get back out to dhalia marren who joins us to discuss what's happening in germany. the so-called kingmakers seem to be leaning in different directions at this stage how would you characterize their priorities when it comes to their ambitions and joining a potential coalition government >> so for the greens, the most important factor is climate change so they want the maximum out of this while the liberals, they

want smaller government, lower taxes. and so, in some way, that doesn't go together because climate change requires that the country starts to invest in climate change the only overlap that the two parties really have is digitalization because the liberals are also very much in favor of digitalization and they want also that the country invests more, but they want to increase the incentive of france to invest more in digitalization and climate change rather than the government the green says they won't achieve these ambitious aim without the government the government has big role to play here. and that's the conflict between the two.

>> the greens are in a somewhat difficult position, because climate change, you know, before recent years was really an issue that they could own. that was their chief premises and made them stand out relative to other parties now we've seen nearly every party adopt a stronger stance toward climate change what does this mean for how the greens need to address their strategy moving forward, maybe one of the reasons they didn't do even better in the elec election. >> that's true because the green agenda has been adopted in particular also from the conservative party and the social democrats so yes, in some way, probably that's the reason why they didn't gain as much as predicted a couple months ago. they were coming up as the first party, the winning party, among

all the others and then they lost and people proclaimed that it was the incompetence of the leader of the greens that led to this result. but probably the reason is that everybody was talking about climate change and everyone wanted to put it on the agenda but the greens were most credible in this anyway. >> that's a good point clearly it's been on the top of their agenda since inception young voters really turned up for both the fdp and the greens. i believe 44% of the under-25s voted for them how might that shape the direction of the new government if we see the fdp or the greens enter the coalition? >> i think they made a strategic decision, the greens and the liberals, to start to negotiate among them as the two parties who are the progressive element in german politics so if they can agree, and --

together they have most of the votes, even they outpace the social democrats so if they can agree on a platform, that will have a big impact on what the policy is going to be that's going to be implemented in the future. so yes, these two parties are the most progressive, and therefore, they appeal to the young who are very much worried about climate change and digitalization yes. >> and the flip side of that question, then, what does it mean for the cdu, because merkel is leaving in quite good standing, high approval ratings, but her party not so much? >> yes, the party is in a mess so basically, merkel leaves a big hole in this party and i think many people will

miss her, because what -- the whole winning of the conservative party was basically due to her personality and her authenticity and her integrity so people -- and her stability so she always went for stable issues so -- and they don't have, really, a successor that is really convincing. so there is very much infighting and it's possible that shed, who ran for the conservative party as successor for angle merkel, he might step down because there's a lot of infighting and it's not clear whether he's going to survive it's probably unlikely that he's going to survive >> dalia, it's been a pleasure speaking to you and hearing your

insights turning to the uk, the country has extended an emergency visa program for truck drivers. amid the continuing fuel shortage, the government says it will continue issuing temporary visas to recruit nearly 5,000 drivers into next year starting today the military will also be deployed to help with fuel delivery to petrol stations which have seen unprecedented demand recently. meanwhile, british prime minister boris johnson warned to returning to what he called an uncontrolled immigration model to improve job gaps. instead vowing to improve working conditions. >> our country has been growing at a low rate of wage growth for a long time, and stagnant produ productivity not as much growth as this

country can achieve. and that is because chronically we have failed to invest in people, we have failed to invest in equipment and you've seen wages flat >> let me just -- i'm sorry prime minister, let me come back to my original question -- >> the old failed model -- >> my original question. is -- >> let's get a check on european markets. nearly two hours into the first trading session of the week and it is red across the board we have the dax trading lower, the italian market under underperforming. here in the uk more resilience this morning we have seen a bid for some of the grocers, sainsbury performing well, this on the back of the wrap up of the morrisons election process sainsbury is now coming into focus with speculation that potentially private equity could look at them next.

now oil is in focus today. oil has paired back some losses after it was reported that opec and the allies are likely to stick to the agreement to add 400,000 barrels a day to the market initial reports were that opec would ramp up supply let's bring in alex booth to the conversation thank you for joining us, alex what do you think about this discussion that opec and its allies could potentially increase output beyond the levels agreed in july? >> good morning. the data that we're seeing just doesn't really support any great increase so while certainly the markets are tight, we drew inventories through september and they're kind of the next supply to the market was pretty tight. what we're seeing for opec plus is they have the ability to supply a lot more oil to the

market within the existing agreements they just don't really need to add further supplies into november they're currently running, through september at least, running at 1.9 million barrels a day under the kind of the potential supply that they already have within the agreement. and then you had the extra 400 to come through this month we just don't think it's necessary at this point in time. >> one of the other elements in addition to opec plus that investors are closely watching is what happens with iran and iranian barrels returning to global markets this year what do you think? >> so we certainly thought that at the start of the -- or going into the iranian election that there was a real risk once a new government had become established they would come back to talk to the u.s., basically that has really been pushed back while there is a loss of iranian oil just ready and waiting sat

on vessels offshore, sat in bonded tanks in china. the political will or -- we just don't see it's there at this point in time. so that's much less of a risk at the moment by the time we do come to it, then the demand will also be higher when we get to these conversations again next year. but we don't see it as a problem in the short term or the near term >> alex, last week and the week before that we've been all watching gas prices rise astronomically here in europe and in asia as well. how is the gas shortage in europe affecting oil markets and the tightness that we are seeing in oil >> so for sure the price of gas on a global basis is a real concern. but it's not just european markets really tit for tat between the prices in asia versus dutch and uk prices for

natural gas here within europe itself there's very limited scope, really, to change the power generation mix. so the -- as we move into cold weather that natural gas demand is here to stay. in other countries, though, we are seeing a backing away from imports and picking up for fuel oil for use in power generation. but ultimately with crude oil prices or product prices where they are, any incremental demand in that area is only going to make the situation worse and prices across the board are just going to go higher. we don't have the oil to give at this point in time >> alex, very quickly we have about 30 seconds left. at what price does oil begin to lead to demand destruction >> i think we're -- i think we're way off yet. we are still in a relatively low

demand economy on a global basis following on from covid. so i think, in terms of people's behavior at the petrol pump we have a way to go i don't think it's a problem quite yet. >> alex, thank you for squeezing it in 30 seconds really appreciate your insight alex booth head of research at kepler that's it for today's show, the first of the week. i'll be riding solo for a while. we'll wish the best of luck. that's it for me, i'm julianna tatelbaum, wek"worldwide exchan" is coming your way next.

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it is 5:00 a.m. in new york here's your top five at 5:00 developments around the evergrande group prices. reports say the company may have to sell off part of its business this as the stock halted in hong kong we'll show you how big the story really is. faceless at facebook no more the whistle-blower at the center of the latest scandal for the company. breaking her silence just days before she testifies on capitol hill and will congress act on her incredible claims just how dangerous the company might really be. a crisis i