we're covering deutsche telekom, and siemens.edit announced third-quarter earnings this morning and the big headline was in 2018evenue forecast and 2019 by 2% and 4% respectively. the bank also took a hit from its turkish business. 143he quarter it wrote down million euros as a result of the falling lira in turkey. ins all comes as the ceo is -- approaching the final year of a turnaround plan for italy's biggest bank. so far, investors have rewarded him and stock has been up over 20% during his tenure. it will be interesting to see how the market absorbs the news. . deutsche telekom, a different direction for this story. is an uphe telekom move today because the company raised its full-year forecast for the third time this year and beat its third-quarter earnings estimates. the firm is it awaiting the approval of its u.s. unit's acquisition of sprint telecom. the company is betting on u.s. growth because growth in europe has been muted. anna: what about siemens? what did the numbers reveal? >> we got not only a dividend raise, bu

both parties among the biggest donors are chemical company b a s f and telecommunications firm deutsche telekom with more than six hundred thousand dollars each contributions by pharmaceutical maker buyer clocked in at two hundred sixty thousand dollars. e.u. member states are divided on a proposal to place a three percent tax on big internet companies like google and facebook scandinavian countries and ireland fear the measure would make them less attractive for tech firms while others fear washington might retaliate still others want the measures approved by the end of the year and italy has said it will simply go ahead with its own digital tax if there's no e.u. agreement. the digital tax is a fraught issue in europe for taxing high tech firms like google facebook and amazon could help governments raise money some countries fear they could lose out especially if washington to tell us. of course there will be a reaction from united states which kind of reaction i do not know and of course we should decide for ourselves but we sure do think early on whether it is a good idea or not denmark say

and democrat candidates some of the biggest donors are companies seven telecommunications firm deutsche telekom with more than six hundred thousand dollars each contributions a pharmaceutical maker buyer clocked in at two hundred and sixty thousand dollars. now to tell us more about the story my colleague over common joins me in the studio first off who profits from german corporate money democrats or republicans well as you might expect with corporate donations they go to the more business friendly as you put it policy which is of course which of course the republicans about fifty nine percent of german corporate money went to that party but we also see that most parties are splitting their donations the top company on the list b.a.'s f. for instance almost achieved a fifty fifty right in their donations now obviously this is an election taking place in the united states. what does germany want to german companies have to do with that why they don't need well they're making business they're doing business in the u.s. tens of thousands of jobs are linked to german companies in the u.s. the gene

and telecommunications firm deutsche telekom with more than six hundred thousand dollars each contributions by pharmaceutical maker buyer clocked in at two hundred sixty thousand dollars. now to shed a little bit more light on this my colleague miles or of a column is here with us in the studio malta two point six million dollars where's this money go and it funds the candidates campaigns quite simply speaking it goes to both the democratic and republican candidates as we've heard german corporate money this year. mostly to republican candidates fifty nine percent of the money. and essentially companies are putting the money where they think it will benefit them in the future take the example of t. pac or the dutch a telecom which owns mobile in the u.s. they for instance gave ten thousand dollars to greg walden who chairs the committee that oversees tele telecommunications so you can see that that's obviously quite a link between the business and what this man is doing in politics and this is where this money is going so we know that american companies of course contribute to elections it

. >>> deutsche telekom raised its guidance for the third time this year after t-mobile boosted overallenues during the third quarter. the group says it expects adjusted core profits to reach 23.6 billion euros this year. >>> the ecb has chosen italy's andrea enria to head up the banking authority in europe. he's a former supervisor at the bank of italy and some bankers have criticized him for what they considered his harsh approach to unpaid bank loans. >>> the fed is widely expected to maintain interest rates at current levels when it announces its latest policy decision today. the meeting was delayed a day to take account of the midterm elections. policymakers are contending with a strengthening dollar and signaled the rate rise will be coming in december that's also in line with the latest cnbc survey steve liesman has more >> no rest for the weary fresh after dealing with the u.s. midterm elections, investors have to think about the federal reserves here are the fed expectations for the november meeting 90% of the panel says no rate hike in november 85% expect that rate hike in dec

. >>> eu antitrust regulators approved deutsche telekoms for tele2's dutch business they said it would the price or quality of mobile services for dutch customers. the entity would create the third largest telecoms company in the netherlands. >>> and lafarge expects full year sales growth to slow as volatility and business disposals take effect. >>> the leaders of nissan, renault and mitsubishi will meet on thursday since the arrest of carlos ghosn they will discuss the future of that three-way alliance. makiko utsuda has more details on this. >> yes investigations continue into ghosn's allegations and the focus is whether prosecutors can prove ghosn or his deputy intentionally falsified nissan's annual reports to understate his compensation they are also accused of knowingly misusing money for ghosn's personal use ghosn so far denied any wrong doing for all of these allegations. amid this the heads of nissan, renault and mitsubishi motors are meeting on thursday to discuss the future of the three-firm alliance. the three firms say they wish to maintain the strength of the alliance, bu

numbers coming through from deutsche telekom and the outlook is interesting, raising their and cashdjusted ebitda flow. it's well ahead of the 6 billion that had been anticipated. raising their forecast after earnings topped estimates. they are waiting to get approval for the $26.5 billion acquisition of sprint. that's what they're hoping the t-mobile u.s. unit can achieve in the united states. european business is looking more sluggish. turkey and iran have cost miss ise third-quarter in turkey, taking a provision in iran. the is what is knocking unicredit numbers. those are the factors of the report revenue and they're saying they are cutting their revenue guidance for 2018, 2019, buffers equity tier one of carbon. punch.triple we will get a breakdown everything. this year revenue will fall to 19.7. it had originally projected 20.1. when it comes to write down on turkey and its 850 million euros in the third order for the turkish business. net income 29 million, they have been wiped out by that write-down in turkey in this quarter. those are the breaking news on. how are the markets perf

and telecommunications firm deutsche telekom with more than six hundred thousand dollars each contributions of pharmaceutical giant buyer clocked in at two hundred and sixty thousand dollars. now to tell us more about the story over our common joins me in the studio he's my colleague on the w. business model who profits from german corporate money democrats or republicans well as you might expect with corporate donations the republicans got the most of it fifty nine percent of german corporate donations but we what we can also see is that a lot of the companies from germany a splitting the other nations b a s f we've seen it as the top company in the list just then they reached the relation of almost fifty fifty between democrats and republicans and these donations they're also of course a way of of hedging the bets of who will be in a position to return the favor after the elections and that's the reason why german companies are getting involved in an election the second place in the united states exactly that i mean a lot of german companies are doing business in the u.s. they are tens of

yesterday we had the ceo of deutsche telekom. is a utility that it is a utility.ot only do you have to do technological innovation but you have a responsibility to society. especially as we go into these more industrial businesses or mobility businesses. do you deal with life-and-death issues. yet to figure out how you will work with governments. you guys stay on the east coast and we are front of the west coast -- you can't do that anymore. question.s capitalist.nture what interesting areas are you investing in? rob: we are an interesting transition point in technology. the energy we saw around mobile is not mainstream. no one really knows what is coming. we're seeing a lot of interesting things on machine learning and how that is applied to specific verticals. anything from the duty space to pharmaceuticals to education. we are seeing a lot of nontraditional areas take advantage of technology and we are trying to follow great entrepreneurs going into those areas. .ason: rob siegel taylor, we may or may not come back. i might just hang out with rob. taylor: thank