barclay's beach. what stuck out for ou? ., , barclay's beach. what stuck out for ou?for ou? . , ., , you? there was a bit about money in there and talk— you? there was a bit about money in there and talk of— you? there was a bit about money in there and talk of more _ you? there was a bit about money in there and talk of more funding - you? there was a bit about money in there and talk of more funding to - there and talk of more funding to help with financial funding of nhs technology in that announcement of protection for women's rights on nhs wards and something we've heard a bit about in the conservative party in the last few months and the way that different people are tackling and trans— patients, and clearly the governor thinking there is some political leverage on that issue but i was also really struck by the way that stephen barclay attacked the unions, the bma and said they were militant, not on the side of patients. let's chat this with over with gillian hartley, which is the memory chip organisation for nhs trust. gillian, thank you for speaking to us —— m

, he ran the private banking of barclays, he ran the private bankin- business of of barclays, he rane banking business ofjpmorgan of barclays, he ran the private banking of barclays, he ran the private bankin- business ofjpmor-an for banking business ofjpmorgan for high net worth clients, of which jeffrey epstein was one. now, following jeffrey epstein�*s conviction and subsequent suicide for six offences, the financial conduct authority asked barclay to try to characterise and find out about how close the relationship had been between mr staley and mr epstein, and the bank rate back to the regulator approved by mr staley, saying he insisted they had no close personalfriendship, it was professional only. e—mail that subsequently emerged showed that he was a cherished friend, as you said a new introduction, and not only that, but theirfriendship a new introduction, and not only that, but their friendship continued until weeks before he took the top job at berkeley. the regulator decided mr staley had misled about the board of barclays and indeed the regulator themselves, and therefore

barclays's i mentioned that stock down quite hard today.argin, bt group take a look at what's happening there. that stock up by 1.63%. we get really into the thick of the earnings picture and take a look at what's happening we are getting a whole range of numbers out. heineken is an interesting story on the consumer as well. there is an industrial side to that, a home furnishing side of that. we get deutsche bank earnings as well and we get lloyd's bankrate lloyds bank hitting a 52 week high. you may get some clues as to what happened with barclays. but lloyd's and natwest later on this week a little better tied together in terms of understanding what's happening. alix: media -- maybe some idiosyncratic issues. joining us is ben tom's, he is an outperform rating on the stock. what do you expect tomorrow? ben: i think you are right, you have two things, margin which is then driven by the deposit story and also costs. we have the barclays report today and that's because they downgraded it, it will be interesting to see whether the deposit fra

why is barclays reacting so negatively?> it is not just the beat, the profit beat, which is a positive element, but the devil is in the details. they are set to cut costs as they try to ensure the squeeze on margins and competition doesn't hurt the business continuously. they lost out with the core business or revenue which is seen as being strong. whether it is fixed income or the commodities division which fell 13%. market volatility is dampening trading. that continues to hurt business. they have put aside 433 million pounds and that is for the anticipation of more bad loans. it gives you a clear sense that not just in the uk, but the global business overall is anticipating a weakening economy across the board. the soft landing that we continuously have been asking about are seemingly dissipating a little bit. consumers are getting a little more hamstrung as well. this is now anticipated to move down from the initial 3.15 guidance which they put out previously and now sits at 0.35 to 0.1. that could be a scary factor for

charles—barclay finished just over three minutes ahead of germany's anne haug.ially after the journey i have had, i have been second here four times, that was backin second here four times, that was back in 2017, we lost championships here because of the pandemic and in that time i have also had two pretty bad injuries, so to come back from that and finally get the win just feels like a dream come true and it really does feel like i have dedicated my career to try to win this race. ., , ., ., ., this race. you must have gone into the race this _ this race. you must have gone into the race this weekend _ this race. you must have gone into the race this weekend feeling - this race. you must have gone intoj the race this weekend feeling good physically, how did it feel as you were going round the course, did you know at the time you were on course to win, did it feel good?— to win, did it feel good? from the moment i got _ to win, did it feel good? from the moment i got the _ to win, did it feel good? from the moment i got the win, _ to win, did it feel good? from

barclay.arclay. let's have a listen in. >> the militant bma leadership who strikes have resulted in countless cancelled appointments and pose a serious threat to the nhs recovery from the pandemic . nhs recovery from the pandemic. look, their consultant and junior doctors committee are relentlessly demanding massive pay relentlessly demanding massive pay rises, even if that means is diverting resources from patients . and despite junior patients. and despite junior doctors having already received a pay doctors having already received a pay rise of up to 10.3% >> i want to pick up with you. so much has been picked up on about lots of nhs worker and all the rest of it and we'll move on to that bit in a second. but specifically when it comes to the strikes and the bmas and the bma and who's to blame and all the of it, what do you make the rest of it, what do you make some stuff he said today? some of the stuff he said today? >> well, think there's a real >> well, i think there's a real attempt co

some bold announcements from mr barclay , but will it cut the barclay, but will it cut the mustard?tors are on strike yet again for a debilitating 72 hours. in fact, they've even set up shop just a few short yards from here. there was even someone dressed as a badger protesting against i can only badger culling, but only assume badger culling, but while the display is laughable, the consequence is are for the consequence is are dire for the consequence is are dire for the british public. hundreds of thousands of appointments have already many already been cancelled and many more will be cancelled. in addition . plus are how do you addition. plus are how do you have stake ? medium rare. have your stake? medium rare. well done or hormone treated? well, about hormone well, a remark about hormone treated australian beef seems to have upset the protectionist racket of the national farmers union and it's been suggested i ought to be deported. state of the nation starts now . the nation starts now. defiantly holding the state of the nation. flabellum tonight is the nation. flabellum tonigh

is barclays going to release those numbers?think the provisions are expected to be much higher, something like 500 million pounds is what analysts expect. that could be may be maybe where the surprises, seeing them perform better. but i find most times u.k. banks are pretty conservative on that front and it is that balancing act of they want to perform well but at the same time there is a lot of political tension on them. so perhaps they don't want to do that well. kriti: managing expectations, how british. tom metcalf are finance managing editor thank you for your analysis. plenty more ahead this is bloomberg. ♪ kriti: welcome back to daybreak europe, we are going to get preliminary october pmi data for france, germany and the euro area later. the contraction in manufacturing expected to continue. this comes ahead of thursday's ecb decision. i want to get more context from maria. let's start out with the expectations here, what might we see this morning? maria: of course we have the pmi numbers. especially the euro area number

barclays is one of them you don't run barclays anymore put on your big institutional banking hat.your desk to fund elon musk's buyout of twitter/ask would you have said yes? >> it's very easy with 2020 hindsight to say that was a bad decision by the banks that were part of the bridge but 2020 hindsight is awfully easy. what i would say most of the banks would look for an opportunity to exit and free up capital because their extraordinary opportunities and the leveraged finance business as you look forward over the next couple of years. obviously with hindsight i'm sure all of them would've preferred to not been a part of it. elizabeth: it is not looking good at the moment. although we have seen elon musk pull a rabbit out of his hat. it's great to have you we would love to see you on the show. >> it's great being here, see you soon. >> social media is lit up speaking about twitter ask the ex-ceo linda's performance at the silicon valley conference was disastrous last week, what does this mean for the thursday meeting with the seven banks in the bank rolled elon musk's bid to buy t

charles—barclay finished just over three minutes ahead of germany's anne haug.times, and four times before i was second, so i didn't get to grab that tape, so i feel like this time i was running up to the line and i did not even slow down. all i was focusing on was getting the tape and it was amazing to do it. and finally have a look at this. texas rangers slugger adolis garcia shows off his acrobatic skills and does a cartwheel after being hit by a pitch in game 2 of the alcs. garcia went on to help the rangers to beat the astros 5—4, taking a 2—0 series lead. and that's all the sport for now. hello, and welcome to your questions answered on bbc news. the conflict in israel and gaza is of course complicated, and you've been turning to the internet to ask questions. we've been looking at what people have been searching for on search engines, andjoining me now, is sebastian usher, our middle east analyst here with me in the studio and our chief international correspondent lyse doucet in southern israel. so, let's get started with the questions. this is one of the

barclays shares are under heavy selling this morning. we were 8% lower at one stage. one of the worst foreperforming stocks in the region. pressure for savers was beginning to hit the margins. they are forced to pass on the higher interest rates to depositors and savers and it is hitting margins. that is weighing on the barclays share price and uk banking sector. frank. >> julianna, thank you. julianna tatelbaum live in the london newsroom. >>> shares of chevron and hess are moving higher as investors are digesting the $52 billion takeover deal. hess dropped 4% and chevron fell 2% for the day. that was the worst performer in the s&p. mike wirth laid out the case yesterday on "squawk on the street." >> we need to operate in the world we live in and that is one which still needs oil and gas delivered by responsible producers. this is an exciting deal for us. this is about long-term growth and long-term value and commitment to the energy sector. >> will the deal and exxonmobil with pioneer open the flood gates or put a lid on the m&a sector? we have peter with the latest

britain's lucy charles—barclay set a new course record, as she won the ironman world championship for third briton to win the world championship, and told me earlier how it feels to finally be crowned world champion. it feels incredible to be world champion, especially after thejourney i have had. i have been second here four times, that was back in 2017, we lost two world championships here, because of the pandemic and in that time i have also had two pretty bad injuries, so to come back from that and finally get the win, itjust feels like an absolute dream come true and it really does feel like i have dedicated my career to try to win this race. you must have gone into the race this weekend feeling good, physically, how did it feel as you were going round the course, did you know at the time you were on course to win, did it feel good? from the moment the gun went, i felt great, i had a very strong swim, that's where my background is, i used to be an elite—level swimmer, so i had a solid start, i had about 90 seconds on the next group of women out of the water so the perfect start,

what will bring yields back down , i think barclays call is complicated. what would really crash stocks? guy: hi yields? >> the possibility of a mild recession could be the sweet spot for stocks and yields because we would get a scenario where markets start to price in the fed rate cuts because the fed would need to support the economy in the future. it is also a landing, something tangible markets can price in. the situation of no landing at all is what is spooking bond yields and that is why we are seeing the move. do not discount the fact that china is on holiday. alix: fair enough. what about you. what you think moves yields lower? >> the question ties back to why do you think they rose in the first place? will speak came out earlier and said it is puzzling to people in the context of the last few weeks, but if you extend that horizon you would expect the yields to push higher. what is confusing to me is while those yields push higher, inflation expectations have not gone anywhere and the view of the fed's policy path has remained unchanged. something

marc giannoni as with barclays. we are talking fancy economics.kets. >> they are trying to understand how sustainable they are and what does that mean in terms of the capital structure and cost going forward? >> under 30 basis points. this inversion continues. this is bloomberg. good morning. [speaking another language] ♪ to transform your business. but it still doesn't make you a rock star. so unless you work with an actual rock star. hi, i'm ozwald. hello ozwald. pam, you are a rock- i wasn't going to say it. ♪♪ >> the dots at the september meeting had 12 of 19 participates indicating that. if even some of this increase word to state, i think the fed could be done. lisa: that was richard clara to speaking about how his view would have changed view would have changed -- view would have changed. tom: i have richard clarida to in a panel. we are doing a one-on-one in october. i cannot wait to talk to him about the market outcomes if we get a clara to new level of interest rates. lisa: the pressure on whether to allow the economy to go along even if

and of barclay today of course, steve barclay today in speech, making some in his speech, making someannouncements. one of those, course, on new medical those, of course, on new medical schools try and schools in order to try and train nhs doctors that of train more nhs doctors that of course from the picket line. i spoke at manchester royal spoke to at manchester royal infirmary yesterday and certainly some the certainly from some of the placards that here today as placards that are here today as well. one of the messages placards that are here today as wellthe one of the messages placards that are here today as wellthe people of the messages placards that are here today as wellthe people herele messages placards that are here today as wellthe people here in messages placards that are here today as wellthe people here in the sages that the people here in the doctors on strike worried doctors on strike are worried about. the about. they're worried about the future nhs and where future of the nhs and where these qualified doctors these newly qualified doctors are, they're going to be a

. >> barclays calls it make or break. they use the word satisfactory season would be helpful for stocks to find a floor. we always show this now the earnings growth estimates, the bar chart. do you agree a satisfactory earnings season is enough? >> yes. a satisfactory earnings season allows you to say similar to what your jets were able to do on sunday, they won the game. didn't matter how they played or how they won the game, but they won the game. >> so the market will win ugly? >> if you have a satisfactory earnings result, you can say, okay, we're out of the earnings recession. and what we see looking forward where we're going to see subsequent quarters of accelerated earnings growth, there's validity to that premise. so i like that message, and i think that's really all you will need. i'm a little concerned about we're front loaded with earnings because we'll talk later, but i think the banks will be somewhat of a challenge here for earnings, the real strength of earnings will come later on. i like what steph mention

you had tony barclay, deputy chair— then. you had tony barclay, deputy chair of— then.l, and he resigned and produced a dissenting review and he has _ and produced a dissenting review and he has probably been on some of your programme _ he has probably been on some of your programme is criticising hsz. so, i don't _ programme is criticising hsz. so, i don't know— programme is criticising hsz. so, i don't know that rishi sunak had a chance _ don't know that rishi sunak had a chance to — don't know that rishi sunak had a chance to do it much earlier. we do know— chance to do it much earlier. we do know that _ chance to do it much earlier. we do know that the figures that are coming — know that the figures that are coming out to h5 to limited our astronomical. we do know that he wanted _ astronomical. we do know that he wanted to— astronomical. we do know that he wanted to keep the costs of face two hidden _ wanted to keep the costs of face two hidden until after hsz got royal assent — hidden until after hsz got royal assent. we think there is a massive waste _ assent. we

they will perform like they did through most of the 2000 when as barclays at -- equity strategist i was underweight in, but it will bleed over in new growth in credit. >> to the last thought here, the big question in the market is the yield curve. how are you reading some of these moves at the long end relative to the short end? brian: the interesting move in the last week was the flooding of the curve notwithstanding last week's auction, but over the course of the last several months, the story has been very steep being in the yield curve and i think barry talked a little bit about the expectation the fed is not going to hike november, november 1. that potentially tees up an interesting decision in december and i think that will be dependent on how financial conditions evolve between november and december but i think what we will be watching, whether an atypical scenario where the fed is on pause for an extended period of time, the fives and 30's curve steepen's. where there is a rally in the belly of the curve as the market prices hit the next easing cycle and the long end but lags th

we're going to throw to the secretary, steve the health secretary, steve barclay. expected barclay.mmon sense back into health care. that's what he says. news britain's says. this is gb news britain's news says. this is gb news britain's neihello. says. this is gb news britain's n61 hello. blustery, >> hello. it's a blustery, showery day . welcome to your showery day. welcome to your latest news weather update. latest gb news weather update. i'm burkill . if we start i'm alex burkill. if we start off looking at the bigger picture and there an area of picture and there is an area of low pressure just to the north of and tightly packed of the uk and tightly packed isobars that it is isobars indicate that it is going quite windy. breezy going to be quite windy. breezy for meanwhile, high for many of us. meanwhile, high pressure is building the pressure is building from the south is to going south and that is to going quieten our weather down across southern this through quieten our weather down across sou'restl this through quieten our weather down across sou' rest of this through quie

we will speak to carole madjo over at barclays.loomberg. ♪ - [mo] if you're thinking about going back to school, this is for you. ♪ - i ended up spending less money my entire time at snhu than i did in just one year at my other university. - [juan] my time at snhu has given me more confidence. now i can go for that promotion. - if you're ready to go back to school... you can do it. southern new hampshire university has changed my life. and it can change yours too. ♪ - [announcer] visit snhu.edu. alix: set to report there quarter sales and revenue tomorrow. clearly lecture regional has been under a lot of pressure. -- luxury retail has been under a lot of pressure. barclays updated estimates and as an overweight rating on the stock with a price target of 2 077 euro. carole, thank you for joining us. what is going to be the bright spot, what is going to be the negative? they have a lot more pricing power ability. carole: yes, height, thanks for having me-- hi, thank you for having me. it will be ok tomorrow. it is more defensive and

barclays moving into overway.vement in the tell con's giant driventive cash flow are still not reflected in its valuation. >>> also we even got ubs hiking its rating. the stock's near-term risk/reward looks balanced while there are still questions on chuy's buying power. shares are up 2% right now. >>> one of the stories this morning, we're talking microsoft, raising its earnings to 415 dll per share, b.o.a. saying it could drive an upside. alphabet shares up 3.5%. >>> time now for your global briefing we start with china's country garden. the report cited a notice of notice of lender citicorp. country garden said it would not be able to meet all of its offshore payment obligations. >> shares of lg energysolutions dropping 8% in south korea. it expects weaker demand for electric vehicles. general motors, which is lg's joint venture partner at a plant in ohio is slowing the launch of select ev models to cut costs. >>> deutsche bank beats projected higher annual revenue. it's on the back of higher interest rates. de

and pushing back steve barclay. is it from you? >> well. and i pushing back steve barclay.ou? >> well. and i just1ing back steve barclay. is it from you? >> well. and i just wonderk really well. and i just wonder the next time that there's a kind pay round in nhs, we kind of pay round in the nhs, we actually a ballot of the actually do a ballot of the royal college of nurses and whoever else, and say, well, we could you pay rise, but could afford you a pay rise, but these will have to go. these jobs will have to go. which you want? a pay which one do you want? a pay rise or do feel you need rise or do you feel you need these equality, diversity and inclusion officers on your shoulder make people shoulder in order to make people healthier? the nurses healthier? or i bet the nurses would vote for the pay rise instead negotiating the negotiating obe diversity trainer, industry. >> yeah, make yourself redundant. the redundant. you could take the job and then make yourself redundant. the way do redundant. that's the way to do it. >> what's your big story? >> what's your big stor

well, earlier we spoke to the health secretary, steve barclay . we asked him if the uk barclay. into gaza and to stop israel's blockade . blockade. >> well, the uk is one of the biggest aid donors , of course, biggest aid donors, of course, in terms of gaza . we channel in terms of gaza. we channel that aid through the united nations. we give about 10% of the aid. our aid budget last year was £13 billion. so the uk has a proud record in terms of aid, but israel has to be able to defend itself from these terrorist atrocities . and we terrorist atrocities. and we also need to recognise that there are hostages currently in gaza that have been taken from israel and israel needs to be able to respond to that . able to respond to that. >> well, the foreign secretary is in israel and has been holding talks to show the uk's support on the country's war on hamas. >> but not long afterjames >> but not long after james cleverly arrived, he was forced to flee to safety in a bomb shelter there, as air raid sirens warned of incoming rockets in southern israel . rockets in southern israel. >>

mikhail barclay, field marshal, russia is europe, my friends, albeit with its own unique history andhowever, the europeans themselves do not think so, so we have to remind them from time to time. there are reasons to think though so, they have, i remember, a dirty car on the streets, communal apartments, queues, peeling houses , turning my city into a shitty place, he knows that this is the soviet union, socialism, however, in the subway they read thick magazines, the new world , foreign literature, it is true, space ours, it’s true, is the best education, it’s true, no one... it’s true, but the truth of a single human life is one, to make sure that this short human life is well comfortable, isn’t this a task, so that there is no queue, so that all over the world, to have everything always and you could buy it so that the attempt is made, capitalism. question: why do tens of thousands of people leave their homeland and go to the west, because everything is there, the word has been found, freedom, it was the possibility of this freedom that moved people in 1999, rejecting socialism, w

ex—barclays bossjes staley is banned from holding senior positions in the uk over his ties tojeffreyorld business report. we start here in the uk where the former boss of barclays has been banned from holding senior positions, after he mis—characterised his relationship with the convicted sex offender jeffrey epstein. the watchdog — the financial conduct authority — have also fined mr staley £1.8 million, saying he'd claimed not to be close to epstein, when in reality he viewed him

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a lot of disappointment on the lack of the capital distribution plan barclays is down 10% as a wholehis week. this is tying up with the macro. net interest margin outlook has started to be trimmed. nat west with the regulatory breaches and from the business persp perspective, there is a lot of concern about the net interest income and lack of deposit flight of course, we talk about reputational damage with nigel and barclays is saying that the guidance from nat west likely implying double digit downgreat grade. if were you investing in the uk banks with the promise of strong capital returns, you will get dis disap disappointed >> no wonder the stock is down 10% this morning the one that caught my eye is sanofi it is rare to see a defensive pharma name plunge 15% this is usually a safe place to put money. two big issues this morning with sanofi they are planning to spin off the consumer health business and listing it next year and they are ramping up research and development. they are looking to low estimate declines in 2024 consensus sat at 7%. we are looking at 9% consensus downgrad

we start with barclays raising the rate on first solar.attractive entry for the market. shares up 3.5% in the pre-market. and clorox's struggles with the fallout of the company and ab bernstein with shares up .30% and wells fargo gives amgen up .50%. >>> time for the global briefing. goldman sachs suing malaysia over the payments over the bank's role in the 1mbd corruption scandal. they are in disagreement over paying to settle the criminal probe. >>> shares of china's four biggest banks rising after the wealth fund invested $73 million in the names. the first purchase in eight ye years. the sovereign fund will continue to add stakes in the next six months. looking at shares of banks, as we said, moving higher. >>> and the price of oil is moving high irrelevant. international energy agency said in the latest report that oil markets will remain on tender hooks as the israel-hamas war unfolds. the iaea adding it is focusing on the oil flows as the events develop. >>> ahead on "worldwide exchange," the one word you need to know today. victori

barclays corporate and investment bank powering possible. >>> all right. welcome back. let's get to some moves. joe, so the banks report next week. morgan stanley, you sold it. you like this name for a long, long, long time. >> i've owned it for well over six years. so this is a stock that has done phenomenally well, management has executed on all of the acquisitions, the intentions to grow organically. the reason i moved out is largely the perspective of managing the risks around a portfolio and the macro conditions i do not believe are favorable for goldman sachs, morgan stanley. i think there will be a degree of resiliency there. this overwhelming growth of private credit. private credit is providing the liquidity into the marketplace that the federal reserve is not providing and the banking community is not providing in the wake of the regional banking crisis. how, in fact, are these banks going to grow organically? they're going to be hoarding capital. i don't see where the organic growth comes from and, quite candidly, i believe owning the name of a debt like morg

barclays behind the wheel on the stocks. the stock is currently trading at $18.85. interesting as the whole world was focusing on those strikes in the united states. we will see where that goes. another stock is airbus. this is a nice story. jeffrey seeing a buyback story coming onto the horizon. the cash flow generation very strong. we will hear from airbus shortly. $150 price target. erickson, and nordic semi all hitting 52 week lows. the close is next. this is bloomberg. ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. nice footwork. be man, you're lucky,et watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. guy: a sea of gray out there. the cac 40 just turning green. london is outperforming. retail is doing ok, energy doing ok, maybe that is why london is having a slightly better go. we hit the lows mid afternoon on the retail

he says it's barclays to contain the wireless united states and cut her share. the goal of preventing this conflict spreading. we discussed in detail our efforts prevent any a state or non state. we're creating a new front in this topic. we're also working intensively together to secure the release of positive learning, american citizen being held by a mouse and gas and i'm grateful for the urgency the cutter is bringing this after . let's look at some of the new us concerning the conflict and ultimately strike of killed the, unless some injured 6 of those southern lebanon. if i'm up below, if the door to the new of agency was covered in classes on the board over the stern, un secretary general antonia quoterush won't be attacked, highlights the risk of the conflict. spelling over the key has the guns and in your mind a debt and it intended for god's them to doctors. air force plans have brought food and medical suppliers into egypt that are 5 border crossing in southern gaza is the only point where it can be delivered. so many expressive and frank was this time

barclays corporate and investment bank powering possible. people are excited about what ai will do for them. we're excited about what ai will do for business. introducing watsonx a platform designed to multiply output by training ai with your data. when you watsonx your business, you can build ai to help coders code faster, customer service respond quicker, and employees handle repetitive tasks in less time. let's create ai that transforms business with watsonx. ibm. let's create. (♪♪) our therapists give their all each day. and while we're in the business of taking care of others, it's important to make sure our therapists know that with benefits from principal, they're taken care of too. (♪♪) >>> welcome back to "worldwide exchange." take a look at futures. they have turned red across the board. the nasdaq is down about .25%. we will continue to watch this. futures turning negative a short time ago. >>> turning to the retail sector. we are six weeks away from black friday and the shopping season. we have the big consumer stat. 58% of digit

barclays has cut 50 senior dealmakers, the layoffs said to be part of a planter cut 300 pe across thestment it amounts to about 3% of the total headcount in the division and also includes barclays' training operations. general motors and other places, gm is bracing for more losses, saying that the first two weeks of strikes by the united auto workers have cost at $200 milion. sales have fallen 10% for vehicles being built in missouri where the strikes begun. gm says it is setting up a $6 billion line of credit in order to shore up liquidity. ford also, staying with the automotive theme, saying it will lay off an additional 400 workers as of thursday. . it is blaming the strike at its chicago assembly plant and that brings the total layoffs linked to the stop work to more than 13 hundred. earlier, ford had said sales of its f-150 lightning electric pickup truck sank 40% in the last quarter. they put that on the doorstep of delivery delays. yvonne: a market k right now. we're watching closely the inflation numbers out of asia. we saw the thailand numbers, missed estimates. bucking htren

the former chief executive of barclays has been fined £1.8 million by the financial watchdog.e financial conduct authortiy and the bank's board over the nature conduct authority and the bank's board over the nature of his relationship with convicted sex offenderjeffrey epstein. a reminder of our top story: america's top diplomat antony blinken is meeting with angevin netanyahu. these are of course the live pictures from gaza. mr blinken reaffirmed america's full support to israel and said... warned that precautions are needed to be taken to avoid harming civilians of every nationality. at least 1300 israelis and more than 1400 palestinians have been killed. another update to bring you before we leave you this hour is that the uk government says it will facilitate commercial flights to the uk for british nationals wanting to leave israel. the first flight is due to depart in tel aviv very soon. that is it for this hour. there is plenty more on the bbc news website. we will leave you windows live from gaza. do stay with us here on bbc news. hello there. a number of places in the

when asked about the siege, health secretary steve barclay declined to comment.tary was in israel yesterday being clear in our unequivocal support of israel's right to defend themselves from these most appalling terrorist atrocities that they faced. of course , civilian casualties need course, civilian casualties need to be minimised, and that's what the foreign secretary was clear about yesterday . but it is the about yesterday. but it is the case that israel needs to be able to defend itself from these attacks to rescue the hostages that are being taken and to deter future attacks of the sort that we've seen in. >> meanwhile, in the uk incident of anti—semitism, have increased by more than 300% since hamas's attack on israel. that's according to the community security trust, which recorded 89 incidents in just four days so far this month . they include so far this month. they include assaults, damage to jewish property and abusive behaviour. it comes after the home secretary warned protesting with palestinian flags could amount to a public order offence if it's

barclays corporate and investment bank powering possible.x: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ >>> we're back on "the halftime report." bob pisani with today's "etf edge." hey, bob >>> i am here at vanguard headquarters in pennsylvania sitting on the company's brand-new trading floor, and it's beautiful, the largest mutual fund and etf provider and the second largest asset manager, $7.8 trillion in assets under management let's talk with the man in charge of those etfs, greg davis. greg, before i ask about the etf business, direction of interest rates right now. what are you telling vanguard investors where interest rates are heading into 2024? >> thanks for the question, bob. what we've been trying to tell investors, they have to stay invested for the long term and the higher interest rate environment is something that for long-term investors they're having an opportunity to be more div

so far, anything from steve barclay�*s speech that you think was weighty enough that might turn the conversatione bit? ida. weighty enough that might turn the conversation a little bit?— conversation a little bit? no. don't think so. conversation a little bit? no. don't think s0- i — conversation a little bit? no. don't think so. i think— conversation a little bit? no. don't think so. i think h52 _ conversation a little bit? no. don't think so. i think h52 will _ conversation a little bit? no. don't think so. i think h52 will continue l think so. i think hs2 will continue to dominate the headlines, partly because the government is refusing to discuss it. we think we know broadly what will happen probably over the next couple of days, which is the manchester to birmingham leg isn't going to happen, the money that was supposed to be used for that was supposed to be used for thatis that was supposed to be used for that is probably going to be spent elsewhere, like on better infrastructure dedicated for the north of england in the midlands around birmingham. but we don't know for sure because the go

barclays corporate and investment bank powering possible.. you can age on your own terms. retinol overnight means... the smoothing benefits of retinol. are now for your whole body. plus, fast-working crepe corrector diminishes wrinkled skin in just two days. gold bond. champion your skin. >>> welcome back to "worldwide exchange." a number of transport companies opening the books this week with a mixed pick for demand and volume. csx with a 22% decline this eps year over year. that is an east coast focus rail. night-swift down 67% year over year, but growing revenue 6% helped by the truckload business. the same trucking business yellow was in before it went bankrupt. this is all as transports are set to cap off a 5% losing streak. joining me is ken from bank of america. >> thank you, frank. >> eps with big dips for two transports. earlier in the week, jb hunt said we are not at the end of the freight recession, but seeing signs of rebound. are we in the freight recession or out of it? >> this is a really elongated freight recession. normally

barclays dismissing roughly 50 senior dealmakers as part of its annual staff that.yoff is said to be part of a plan to trim the headcount by about 300 people across the corporate and investment banking divisions. it amounts to about 3% of total headcount in the unit that also includes barclays trading operations. ford is saying it will layoff an additional 400 workers from thursday blaming the strike at its chicago assembly plant. it brings total laos linked to -- layoffs linked to this to more than 1300. earlier ford said sales of its f-150 line pickup trucks sank 46% in the latest quarter due to delivery delays. we have more ahead. this is bloomberg. haidi: prosecutor say sam bankman-fried lied to the world as he built his cryptocurrency empire ftx. tracking the historic fraud trial. ava, who were the first witnesses? what is the jury looking like? ava: after a long day of jury selection yesterday we finally got into the nitty-gritty of the case today. we heard from two witnesses. one was a customer of ftx that explained what his expectations were in times of what

barclays corporate and investment bank powering possible. fresh, warm hot dogs!n a fund that advances innovations like robotics. fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh, you're a messy one. cool, right? so cool. anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. hot dogs! fresh, warm hot dogs! before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. >>> 3:00 eastern. we'll count you down totesla and and netflix. you can assess what it means, what's happening in the market, as well. "final trades," brynn, you're first. >> i want to continue to focus on companies with a high free cash yield. cows has a free cash yield of 9.5%. >> bitcoin. i have a speculative position. there's no use case that's been around for 13 years. but the scarcity of it, i think it goes higher. >> joey s y t.? >> hard to find a stock up, but adobe is one of them. >> "the exchange" is now. ♪ ♪ >>> thank you very mu

barclays corporate and investment bank powering possible.son and i've lost 202 pounds on golo. i was 424 pounds corporate and investment bank and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. ever since she was a little ki, all maría wanted to do was bak. i'm maría alvarez, owner of maría's cakes. and i'm axel, proud to be her state farm agent. her baking superpowers have brought sweetness to our community. i make delicious cakes to make special occasions even better. maría doesn't just bake; she also creates opportunities. small businesses like maría's, open doors for communities to thrive. support your community. support small business. >>> welcome back, everybody. here is a market check with stocks higher for a second straight day despite the terrorist attack this weekend and israel's declaration of war. lower bond yields might be helping with that. joining us with more, scott nations of nations index. it's good to have you here. start w

this week in a report barclays said it will take just five years of study growth in india to become thehsbc says india's investment and consumption are too low to overtake china and even 18 years. despite this debate, the imf says india continues to be the bright spot in global economy, but there are potential risks. inflation has slowed down, monsoons affecting food prices is still a worry. if the war in west asia pushes prices higher, india being a large importer could suffer, and this is an election year where government spending is already going up, and continuing high interest rates would hurt businesses too. and before we go — the us market is all closed in the right, as you can see. —— the us markets. obviously response to what we heard about the us interest rates will remain at a 22 year high. and that's it for this edition of asia business report. you can find more updates on the bbc news website. thanks for watching. hello. storm babet continues to bring hazardous weather, not least because of the amount of rain that is falling. a red warning from the met office covering parts

some bold announcements from mr barclay , but will it cut the barclay, but will it cut the mustard?gain for a debilitating 72 hours. in fact, they've even set up shop just a few short yards from here. there was even someone dressed as a badger protesting against i can only badger culling, but only assume badger culling, but while the display is laughable, the consequence is are for the consequence is are dire for the consequence is are dire for the british public. hundreds of thousands of appointments have already many already been cancelled and many more will be cancelled. in addition . plus are how do you addition. plus are how do you have stake ? medium rare. have your stake? medium rare. well done or hormone treated? well, about hormone well, a remark about hormone treated australian beef seems to have upset the protectionist racket of the national farmers union and it's been suggested i ought to be deported. state of the nation starts now .

it is talking to the big - lenders at the moment, to natwest and barclays.otentially might take those on. it'll be a question of price. they are selling good quality mortgages, but nonetheless this is a fire sale and the lenders will be looking to acquire the at a good price and that might not work too well for metro bank, but it does look like a desperate last measure to sell a third of its mortgage book. ., ., ., , book. how safe are the retailers, how safe is _ book. how safe are the retailers, how safe is their _ book. how safe are the retailers, how safe is their money? - book. how safe are the retailers, | how safe is their money? anybody book. how safe are the retailers, - how safe is their money? anybody who has deposits — how safe is their money? anybody who has deposits in — how safe is their money? anybody who has deposits in metro _ how safe is their money? anybody who has deposits in metro bank _ how safe is their money? anybody who has deposits in metro bank that - how safe is their money? anybody who has deposits in metro bank that are . has d

barclays, we believe we have substantial room to reprise lower before bonds stabilize. that's where the narrative is. everybody is getting negative, so maybe that's a positive. >> i think what you're hearing are the people are raising their voices and the people who have been bullish are very quiet right now because the last couple of weeks are not playing into anything that's optimistic. i think we have to see what comes out of those jobs numbers, and the jobs numbers that we saw from adp were lower. we know, by the way -- josh said, this could be lows for the year. we could see the market come down some, but think what's happened to inflation through the course of this year. it's continued to go lower, and it's still going lower. we had this spike in energy. now we have less demand, it appears, and energy prices are coming down. so i think the number can well be within a range the mark will be comfortable. this has been a hiatus period. it's fine. we understand that. and, frankly, i think it's time to sort of let the fed see what the numbers are. >> i'm hurrying you a

yes, that was barclays. >> we got it at 224 growth, 3 to 5% growth over the next five years. we will continue to expand gross margins. we'll see double digit growth in a.i., double digit growth in the intelligent edge. at the same time, actually our free cash flow conversion is improving because next year we're improving by 10% when you exclude the $200 million from the execution. so, it takes a little bit of time to get adjusted to the new narrative. but operationally, we are doing what needs to be done, continue to improve the shareholder return, which has been awesome. in the last three years we improved that shareholder return 121%. >> is there any degradation in the macro dback drop? if there is, why not say that? >> we didn't say that. we said we're adding $100 million to the total addressable market over the next three years. our intelligent edge business now represents 20% of the company's revenue. almost 50% of the company profit. we expect that market to continue to grow as we expand into new areas. the hybrid cloud market will continue to grow high single digits. o

barclays corporate and investment bank powering possible.you consider climate risk? changing weather patterns are impacting the way we live and the value of businesses large and small. this can mean disruption to supply chains, changing demand for products and shifting regulation. what does this mean for your business, your clients, and your investments? ice offers data and markets that can provide critical insight. manage your climate risk with ice. >>> welcome back. it's a big week for tech earnings with microsoft, amazon, meta and alphabet all on deck and with rates near 16-year highs, the street will be watching for the impact of those rising yields. deirdre bosa joins us to discuss how they've been hitting or not hitting the sector. >> yeah. i think more like not hitting at leasta the mega-cap side. the mega-cap tech companies have become defensive plays. they have the huge cash piles that are earning yield as rates go higher. they're growth at a reasonable price. they're relatively safe in this kind of environment, but at the very othe