and shares of the danish logistics company maersk fell by 8% immediately after the end of the strike in the us ports. the local dockers' union reached an agreement with the authorities on wages and extended the current contract until january 15. at the same time, a longer strike would have allowed european companies to take a larger share of the market. in addition to maersk , shares of other carriers were asked for, for example, the german hapa cloyd lost 13.5% in price. these were economic news. briefly. the ebola epidemic began in west africa, a two-year-old boy died. yes, people are buried here from ebola, when they bury people from ebola, no one is allowed in, only the red cross, a highly contagious infection, even my teeth hurt, my whole body was twisting so much. i got infected from my husband, he... rospotrebnadzor, i just take my hat off, it was not only the work of our doctors with the population, but also the development of a very effective vaccine, which turned out to be the best in the world. the russians helped us a lot, a lot. the assault, movement. across rough terrai

maersk in the red. any reason why these stocks are trading lower?we are in the disruption right now. why are those stocks moving lower in your mind? >> simply could be one of the typical by the rumor and sell the news events. the strike is officially here. you note at the end of the day we have not seen freight rates pick up. they declined as peak season has come off. they have been running full steam since may and around july and august, they trailed off. at this point, rates are coming down and people are wondering if we see the spike. >> a lot of analysts say they should benefit in that air freight story. omar, thank you very much. >> thank you. >>> let's shift to the ecoimpac with bill lee from the milken institute. >> good morning, frank. >> omar and his team saying $4 billion a day to the u.s. economy. what about the markets? you have to remember we have the markets trading close to all-time highs right now. >> i think the market will brace for a huge supply shock. in the modern manufacturing economy, the one thing that is absolutely mandatory

. >> thank you we are obviously seeing maersk down significantly on the back of this.ome of the shipping names would have loved continuation of the strike to see some higher shipping rates maersk off 7.3% and the other names also down across the board. >>> eu member states are set to vote today raising tariffs on chinese electric vehicles amid competition fierce fears. arabile joins us now for a closer look. a lot of comments on the tape this morning as well >> we are looking at what comes off the vote you need at least 15 members to vote against it and see how that would change things as well. to give you a clearance of where the autos are trading in germany. you see the likes of volkswagen moving up 1.25%. 1% higher for bmw and stellantis here's the full story. the bloc imposes a 10% import duty on all vehicles the proposed tariffs and additional 45%, would be placed on top of this figure it then. it does come after a year long subsidy investigation into the chinese. the vichinese did retaliate in bringing their own brand in dairy and pork ports it would be hit with

household goods and health care under fore performing on the back of the shipping strike, we see maersk down a whopping 7.5%. dom. >> carolin roth with the early market action in europe. thank you for that >>> we have more to come here on "worldwide exchange," including the one word investors need to know >>> and fresh tub lrbulence on spirit airlines. >>> a choppy quarter, but have no fear. citi has the top picks that are set to takeoff in the final few months year. >>> and later on, former vice chairman roger ferguson tees up the jobs report and the impact it has on the fed. we have a very busy hour still ahead when "worldwide exchange" returns after this commercial break. at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. >>> welcome back let's get a check of some of the mornings morning's corporate stories with silvana henao. >> good morning, dom not a good morning for spirit airlines which are hitting an

for example, shares of danish maersk sank by 8%, and the german hapantloyd immediately by... 13.5. the us dockworkers' union reached an agreement with the authorities on wages and extended the current contract until january 15. at the same time , a longer reserve would allow european companies to take a larger share of the market. these were economic news. briefly. mom, why do we need these letters? for a fairy tale, in the three ninth kingdom, the three tenth state. for stalin, june 22 was a shock, when you get acquainted with the real documents, a completely non-media image arises, that when the members of the politburo arrived, they, on the contrary, they said, you must pull yourself together and return to governing the country, if the germans are in war, they will get it, the enemy will be defeated, victory will be ours. of course, it is impossible to talk about him in black or white, but the fact that he made a contribution, a big one, will remain forever in history, this is an absolute fact. obviously, ugledar was of great importance in the entire ukrainian system.

as i highlighted earlier, we talked about maersk with the strong third quarter and revised the globalontainer market growth outlook to the top of the range at 6%. now, ebidta came in at $4.8 billion in the third quarter driven by higher rates and exports out of china. important remark there in terms of what they're seeing in the chinese market. shares, however, marginally below the flat line. in the auto industry, stellantis posted a 27% year on year decline in third quarter revenue to 33 billion euro. that is better than what analyst analysts were expecting. it confirmed its full-year guidance. shares up almost 1% in the italian bourse. >>> when it comes to the euro market, we discussed this earlier on squawk, ab inbev coming in above expectations and soft demand in the key markets of united states and mexico. it posted third quarter revenue growth of just over 7% and 2% respectively while volumes declined 2.4%. all well below with the shares down 3%. staying in the industry, carlsberg narrowly missing analyst expectations. the danish brewer backed the guidance for the year and at th

the protest took place this afternoon outside maersk emeryville office on 66th street. we reached out to the company for comment but have not heard back. secretary of state antony blinken is in qatar tonight where he announced a new aid package for the palestinians worth $135 million and claimed cease fire talks will resume in the coming days. >> right now, we're working intensely to reach a diplomatic resolution and of course, we're working intensely to make sure that this conflict doesn't spread. >> blinken says the money will go towards water, sanitation and maternal health for palestinians in gaza. it comes as the fighting in the middle east shows no signs of slowing down. iran's supreme leader suggested on wednesday the conflict may intensify in the coming weeks. >> ukraine's military intelligence says the first north korean units who were trained in russia have been deployed to the kursk region, where ukrainian troops launched a ground offensive back in august. russia and north korea have denied the claims, but south korean officials say they believe around 3000 t

the protest took place this afternoon outside maersk emeryville office on 66th street.e reached out to the company for comment but have not heard back. >> the owner of the ship that caused the baltimore key bridge collapse is agreeing to a $100 million settlement. this agreement is between the justice department and the singapore based companies that own the ship. officials say the settlement does not include money to rebuild the bridge, but it does cover the cost to clean up debris and reopen the port. the state of maryland has filed its own claim seeking the rebuilding money for the weekend. >> just around the corner. now we're taking a look at some weather systems that could and probably will have an impact on how you plan your saturday and sunday. >> and an east bay pastor is demanding an apology after he was used in a political ad, an endorsement he said he nev approved your business needs a network it can count on... even during the unexpected. power's out! -power's out! comcast business has you covered, with wifi backup to help keep you up and running. wifi's up.

and when the secretary went to meet with the ceo of maersk, said if you could finance ships through goe, would you do it? of course, you in america can't build the kind of ships we want it buy. if we could build the ships that you want in america, would you prefer to buy in america, especially in times of conflict? he said yes. not only are we trying to do on the supply side, meet with ship builders and tell them about the new possibilities to invest in american shipyards, but on the demand side to speak to the world's biggest ship buyers and tell them that they also have some great incentives to take advantage of and then all the efforts ongoing, you know, you've heard of probably the kelly legislation and the legislation, the ships act, in various things related to that. in title 46, we went and saw pete buttigieg and secretary buttigieg and del toro have authorities in law to build ships, what they cost overseas except that account hasn't been funded since 1983. if money can be built into that account we could build ships in america for the same price built overseas and that's how we

now off 4.3% >>> maersk has raised the forecast for the fourth time the shipping firm said its benefittingrom strong demand and ongoing disruption in the red sea. the third quarter ebidta blowing past expectations. shares up 1.4% in frankfurt. >>> swedish defense material company saab beating profit with order takes rising 41% year on year the company says full-year organic saless growth will be i the 15% to 20% range we will speak to the cfo of the company at 10:15 london time shares at the top of the stoxx 600. >>> let's talk about cars. a lot going on eu car registrations fell more than 6% on the year in september driven by double digit declines in germany sales of electric vehicles rose and petrol and plug-in hybrids saw declines the quick check of the auto ma makers for you trading to the upside. bmw up 0.3%. let's get more perspective on the european carmakers with stefano at alix partners stefano, always great to catch up with you. how do the automakers get out of the rut they're in >> the market, as you said, has been shifting 2024 from growth of electric cars to actually a stagnan

after they reported a boost from trading in just over 15 minutes we will have the ceo shipping giant maerskening trade is next. anna: good morning from london. i'm anna edwards alongside kriti gupta. we are an hour away from the opening trade. another big day for earnings

and when the secretary went to meet with the ceo of maersk, said if you could finance ships through goe, would you do it? of course, you in america can't build the kind of ships we want it buy. if we could build the ships that you want in america, would you prefer to buy in america, especially in times of conflict? he said yes. not only are we trying to do on the supply side, meet with ship builders and tell them about the new possibilities to invest in american shipyards, but on the demand side to speak to the world's biggest ship buyers and tell them that they also have some great incentives to take advantage of and then all the efforts ongoing, you know, you've heard of probably the kelly legislation and the legislation, the ships act, in various things related to that. in title 46, we went and saw pete buttigieg and secretary buttigieg and del toro have authorities in law to build ships, what they cost overseas except that account hasn't been funded since 1983. if money can be built into that account we could build ships in america for the same price built overseas and that's how we

maersk does not have a timeline because the u.s.not have a timeline of when they are potentially not going to have vessels hit by houthis in the red sea. that is an underappreciated story for this global economy and the impact of what that story means for inflation. jonathan: this is not something you can provide a timeline for. this comes down to policy. you are provide appropriate deterrence in the region or not. annmarie: the deterrence is there right now. it means basically u.s. men and women are predicting what kind -- are protecting what kind of vessels are able to go through the red sea, russian and chinese. not western vessels. they are too concerned they would get hit. they're the ones paying the costs and going around africa. jonathan: that is the latest on our situation in the red sea. i wish we spent more time on that. the u.s. continuing to put pressure on russia, the u.s. sanctioned a new are to lng export facility last year but stopped short of sanctioning other plants. treasury yields continue their climb on inflatio

longer, you would have seen some of that in the markets, big downside moves in shipping stocks like maerskay season changes that narrative. we're seeing upside moves in other transportation stocks like fedex, jb hunt, the biggest container shipper in the u.s back over to you. >> is there a feeling that these issues are going to be resolved in january or that this is going to be a difficult conversation, particularly around automation and we're putting things off for a few months at this point >> reporter: i reached out and spoken to the two sides, but they didn't get into the weeds about the negotiations but automation certainly is a very contentious issue so right now globally, just to give you context, 4% to 5% of container shipping facilities are automated or semiautomated, but that range of automation varies there is conflicting studies when it comes to what automation means for jobs so just, you know, put this in context, the west coast port workers, they commissioned a study a few years ago and found over a course of two years automation costs their union to lose 5% of jobs. at the s