aston martin makes its trading debut.hat is toward the bottom of a marketed range already narrowed. joining us now, the senior of order in milan. covering car stocks. good to have you with us. what do you make of the pricing? it is at the lower of the range touted. they have had to narrow the top end. how do you see the pricing? clearly, there is 50% discount. on the other side, we have to consider where aston is coming from. that time,t stake at the company was valued about 400, 4 50 million pounds. in five years, aston martin rose by 10 times. it is a tremendous success. he will open it day, aston martin, and about 10 minutes. let's see how they react to the 19 pound price. me saying messaged there are few stocks, ipo's that such a dinner party appeal. remind us why it is so a conic -- iconic. >> it is iconic. second automaker listed in the global. the first, ferrari. listedhe first to be since 1984. such an iconic brand, famous for the james bond movies, going into the london stock exchange. it is clearly important and

. >>> and stock in reverse aston martin slips in its long-awaited debut a share price of 19 pounds values the british carmaker at more than 4 billion pounds >>> welcome to the show. to bring you some eurozone pmi numbers, the final numbers for composite future output, 62.1 against the flash of 61.9. services pmi 54.7. that's against the flash of 54.7 the final composite pmi, the one we should be watching, 54.1, slightly lower than the flash 54.2 that's against the august number of 54.5. you can see the euro trading strongly against the dollar. that looks to be much more to do with the italian news. so let's take a quick check at the major european indices the ftse mib is trading positively up. in london, the ftse 100 up a third of a percent in spain the ibex 35 is up 0.4%. and in paris, the cac 40 is up nearly 0.3%. some italian stocks affected by this market volatility unicredit, intesa, atlantia, a company with a lot of attention trading higher let's look specifically at the banks in italy, since they're the subject of the deputy prime minister's state inte intesa sanpaolo, unicredit, b

the aston martin ceo speaking earlier on.theless, vonnie, i would have thought not necessarily a happy man at the end of the day, 1810 with the price of it negative. lower, that's for sure. keeping an eye on treasuries, they hit highest for today. the 10 year is at its highest 2012 with its 30 year at the highest 2014. coming up, "balance of power." this is bloomberg. ♪ >> from bloomberg's world headquarters in new york, i'm david westin. of power.""balance kevin cirilli from washington on investigating the president taxes and scheduling a vote on the judge kavanaugh nomination. from london, david merritt, hitching up support for leadership. first, kevin, there's a lot going gone down there. let's talk about this remarkable story alleging that the president got money from his father and it may not have been done in the tax laws. the president's lawyer came out and called it 100 sent false and defamatory. how is it playing down there? --in: president trump play pushing back hard against it, but here inside the halls of congres

that's aston martin.hares tumbling on the first day of trade they priced at nearly $25 equivalent u.s. share giving it a market value of nearly $6 billions >>> some of the world's top investing minds are gathered in israel at the sone conference. we do it here, they do it there as well. they are revealing their best ideas. joining us from there is aaron stern, head of international investments at fir tree partners we love giving people new ideas and ways to make money at this hour in the united states. why are you betting so big on a german power company >> i spoke about eon today it's a simple story. it's a large german utility but in transition. initially this was a company that was unfortunately dealt a bad hand they were producing through nuclear sources, the government decided they no longer wanted to deal with nuclear power, so this management team has engulfed on a multi-year transformation, which has been nothing short of spectacular but has yet to be rewarded by the market they sold off a bunch o

and shares of aston martin are falling and their debut in london.de famous by james bond films went public in an offering that offer the company $5.6 billion. the ceo andy palmer was not worried about the early trading. >> we have taken 105 years to get to an ipo. i don't think we will worry too much about what the initial shares are doing. we will always look over the longer term, and our plan and the plan of our ipo is very much a long-term growth plan. taylor: global news 24 hours a day powered by more than 27 journalists and analysts in more than 120 countries. i'm taylor riggs and this is bloomberg. francine: thank you so much, taylor. we are in a delicate phase for the european union with italy under pressure from brussels after the budget deficit target scooped the market, and brexit continues to steal headlines. speech, was called through. joining us is alexander stubb. us a littler giving bit of your time. first of all, how serious is the euro area dispute with italy over the budget, the italian budget? alexander: it is always serious. it i

luxury carmaker aston martin has hit a bump in the road during its debut on the london stock exchange the company had been hoping to raise a conservative nineteen pounds a share doing its i.p.o. but it saw its stock slip by as much as six point five percent in early morning trading concerns over aston martins ability to deliver on an ambitious production schedule behind the rocky start. now though if i was so kid's eighth ish market and it was a tough and these institutions now fishmongers have been there for generations up in arms about a controversial plan to relocate the market to the newly constructed so your suicide in time for the twenty twentieth's tohil summer the banks. tell ya mcgauchie has been tending her family's fish shop in tokyo's famed suki g. market for more than fifty years and she's been fighting to keep her store there. and i don't want to move in fact i don't think we should move that's why i'm against the whole thing but the government is strong and doing everything they can to make us move using deception and lies i think that this didn't go. on peak days some

aboutially, we heard three years ago, aston martin investors a process for larry for a potential tie was trying to find ways to capitalize its investment. they decided not to pursue it for internal growth. ferrari has decided to develop itself different cars. finish into didn't the furry empire. -- we are here to see a very it is very iconic for the u.k. market. manus: thank you very much. martin a gelato is aston beats ferrari on the opening bid. ceo of astone martin joins us for his first interview of the day. he's not buying anybody a gelato. would you buy me a gelato? nejra: we really miss the ball on that, not having gelato with us on set today. is still with us. i'm going to pivot from aston martin to brexit. i heard some commentary this morning, it's a big mess. what does that mean for how you which allocate -- how you would allocate? >> it is a big mess. i wouldn't be looking to increase allocations to sterling credit. have a bias to be short sterling. i like long sterling volatility. at the end of the day, there's a withf noise at the moment the party conferences in the u.k..

and princess eugeine departs windsor castle in an aston martin following her wedding to her long—termhs and a day after being knocked out of the world cup by croatia, england are there ready to take them on again. usain bolt finally finds the net, scoring his first professional goals as he aims to win a contract in australia. and eddie pepperell leads the british masters by four shots at the halfway stage. he is on eight under par after another impressive round today. i will have more sport for you in around 15 minutes. the head of the company at the centre of controversy about medical waste has hit back against claims of mismanagement. garry pettigrew, the managing director of healthcare environmental services, told the bbc his firm is providing an excellent service but has found itself vilified. the firm has been stripped of nhs contracts after hundreds of tonnes of clinical waste piled up at its sites. mr pettigrew said the problems were caused by a shortage of incinerators, not the company's actions. he was speaking to our health editor, hugh pym. following the news there was a ba

let's check in on some individual stocks to watch luxury automakers aston martin having its first dayade in london, the stock falling as they are worried about the company's ability to deliver on new plans. it's down 5% market cap is -- we stand only about $5 billion it's overexposed to the uk, only 25% of sales in the u.s., only 6% in china, so those are the opportunities, and a lot of the analysts saying it really needs to deliver on its new suv that hasn't come out yet. the hopes are pretty high if it's going to deliver on that in order to sort of justify its valuation. >> i think the yes is does it deserve a ferrari valuation? >> right. >> that was the ipo because actually i looked back, in the first four months after ferrari went public, the stock was down 38%, but then it had a tremendous run-up and now it's up 156 since ferrari opened. >> yeah. >> there were a lot of concerns, but it has got its price range about 4%, 5% i was amazed the whole process that it's only a $5 billion market cap which reminds you how small it is as a company and when you compare it to massarotti, jagu

let's talk about aston martin. we like a good flotation.ted on the london stock market and it seems to be in robust health. it does. certainly when the story initially broke that there was a lot of discussion that there was a lot of discussion that the market cap was going to be a bit high. clearly there has been a strong degree of residual demand. it will be interesting to see how the stock trades over the medium term because there are a lot of crosscu rre nts because there are a lot of crosscurrents in the auto sector and the global economy as well. a manufacturer based in the uk which is obviously increasing its operations in the united kingdom is an interesting construct in the confines of the brexit process. the rupee at a record level today. it's all about the oil price. it is the case the oil price has been pressured. there is concern about the oil coming out of the market because of iranians sanctions. for india which imports all its oil, thatis india which imports all its oil, that is a problem. thank you. tell us that is a problem

we are about to get the ipo tomorrow morning of aston market -- aston martin. could be poised for a comeback. the same lenders taking the heat for it liquidating the company say they have canceled the plan to auction off. they want to reorganize the assets into a new company. vonnie: time for futures in focus. oil dancing around today after crossing the $75 a barrel mark. what is giving oil this post all of a sudden? we are talking about three dollars just in a few sessions. >> exactly. concerns reenter the market. it's just big-time supply concerns. is opec and russia going to make up the difference or not. these seeing a lot of refineries running at full capacity yet there still seems to be a lack of supply. that's a big concern as we move through this week. like people are taking off their long positions on wti. why is that? >> we are seeing a lot of money called buying going on. there seems to be some demand for the side optionality. brent is just easier to get to and i think that's part of the reason. capacity constraints in the united states are entering

and princess eugenie departs windsor castle in an aston martin following her wedding to her long—termtner jack brooksbank. this morning and st george ‘s chapel. an update on the market numbers for you — here's how london's and frankfurt ended the day. and in the the united states, this is how the dow and the nasdaq are getting on. trading in positive territory at the moment. now on bbc news, a look ahead to sportsday at 6:30 tonight... coming up on bbc news we are alive and croatia build—up to england's nations league match against croatia, beside which knocked them out of the world cup. no fans in the stadium, played behind closed doors. we will hear from those who have travelled and what they think of the new call ups. we will speak to michael carrick about his struggle with depression and asking what's going wrong at manchester united underjose mourinho, and an exclusive interview with the athletes making a stand on the approach to russian dubbing. all that at half past six. it is no temporary film review. —— it is now time. hello and welcome to the film review on bbc news. to take

circle down from last friday's price and aston martin down 6% since debut yesterday.back to you >> thanks so much. >>> let's get to sue herera for a news update. >> good to see you, julia. good morning, everybody. here is what's happening at this hour the justice department charging seven russian intelligence officers with hacking, anti-doping agency and other organizations hours after western officials leveled accusations, new accusations against moscow's military spy agency three of the seven were previously charged by special counsel robert mueller >> this indictment alleges a conspiracy to use computer hacking to obtain nonpublic personal health information about athletes and others in the files at anti-doping agencies and sporting federations in multiple countries and to release that stolen information selectively and sometimes misleadingly >>> iran's supreme leader says the islamic republic will quote slap the u.s. about sanctions to the nation he made the comments in a speech before thousands of people >>> and melania trump meeting in a classroom in malawi on t

staying with automobiles, shares in aston martin rose below their issue price on market debut in londonfor a limited period as applied to newly listed shares. full trading will start next week on monday. despite the glamorous association with james bond themes, the company has gone bust seven times in 105 years. before we go, we leave you with pictures from indonesia. the president made a second visit to disaster struck areas to help ramp up disaster struck areas to help ramp up efforts five days after a 7.5 magnitude earthquake and tsunami hit the island. the death toll has risen to over 1400. many were killed by a tsunami as high as six metres triggered by the earthquake. most of the dead come from palu, a small city north—east of jakarta. this is bbc news. the top stories this hour. rescuers say time is running out for hopes of finding more survivors after indonesia's earthquake and tsunammi. president trump mocks the woman who accuses his supreme court nominee brett kava naugh of sexual abuse. pret a manger is to label all of its products with a full list of ingredients, following t

and yes he parked his red aston martin right in front of our lobby. which raises a couple of big contrast between real world es pie and age and the hollywood version. first, if you are an under cover officer endeavoring not to be noticed a red aston martin probably is not the way to go. i'd go with the beige hyundai. second the average cia officer can only dream of parking right in front of the main lobby. even i can't do that. but whatever the real cia lacks in hollywood glamor, it more than makes up for it in job satisfaction. service at cia is the opportunity to be part of something bigger than yourself. to serve your country in a meaningful and compelling way. as one of my favorite former directors, george tenet, used to say, cia doesn't do easy. the hard jobs come to us. cia officers take on the toughest assignments at some risk for the sake of our nation. from my first days in the clandestine service and first overseas assignment in africa, the meaning of our work was clear to me. my training prepared me well for a moon less night in ha remote a

i want to ask if you would rather have a ferrari or and aston martin?us about where we are in the auto industry. we expected some softening, these car companies, one of which he repositioned with general motors, are they prepared for a downturn? >> i can only speak in terms of general motors, i would say that they are generally in good shape after going through a restructuring. the margins had improved over , nowast couple years commodity prices are going up. early in the summer, there were a lot of incentives in the industry. that has changed. ,hey pulled back in the quarter as the growth in the sales demonstrated. david: as they face an overall softening demand, they also go through huge readjustment in room -- a, whether it's electric vehicles, or connected cars, kind of capital is required back up can these companies come up once that capital on their own or do they need to partner? my natural inclination would be to partner with others, but i'm sure that strategy would be there he did across the spectrum of companies. when i was a general motors, w

analysts had been skeptical that aston martin would reach its previous goal.s in the u.k. are about to get squeezed. theresa may is looking to impose higher taxes on foreigners. about half of all residential transactions in london. but by the today company with the most exposure to london. that is your business flash update. come over from the u.k. the british love to talk about the property markets. joe: the irish border fund might happen, i saw something about using blockchain. romaine: if they work cannabis in, we have the trifecta. caroline: that would be a novelty. has this overcome something that has been in the u.s. as well? hasn't been in the u.k. much, but the idea of high end being hit -- maybe it is not so much a brexit issue but a global eco-issue. meanwhile, a trade deal name. new details on the agreement between the u.s., canada, and mexico. this is bloomberg. ♪ >> the senate will vote this week on brett kavanaugh's nomination to the supreme court. that comes from senator mcconnell. the fbi continues its investigation into whether it's -- brett k

what about aston martin?ours over the weekend and then the confirmation on monday, and their share price is really up, last i checked i think it was 25%, off the back this news. yes, really looking for a taker, for sale to happen in the company. this is again another story, and i think there has beena another story, and i think there has been a lot of disruption in the retail space, and one key thing, internet sales, they now account for about 18.2% of all retailing in the uk, soa about 18.2% of all retailing in the uk, so a massive disruptor into the retail space and brings in a lot of accommodation. notice in terms —— notjust in terms of accommodation. notice in terms —— not just in terms of style but price. retailers have to be more price. retailers have to be more price competitive. let's talk about aston martin. its first full day of trading, eimear, for the luxury car brand, and the issue is when it started trading on the stock exchange we were hoping, or it was hoping, for a valuation of around £5 bill

phil, we want to ask you about aston martin, as well. stock going public today in london, but not doing so great on day one >> oh, no, not good at all in fact, it was down basically 4% on the day. and when you look at shares of aston martin, and it's going to be under the symbol aml.gb because it's trading over in london, three issues are on the minds of investors first of all, what's the impact of brexit. especially because they're doing their manufacturing in the uk. also, there's a lofty valuation that they're looking for they're basically looking for a valuation similar to what investors have given ferrari and haston martin is not ferrari in terms of valuation and then they're going to be expanding into electric vehicles so they're going to be making some hefty investments and speaking of ferrari, i always get this question from people well, tesla is the best-performing auto stock, not since ferrari went public in 2015 since then, and it's almost three years, ferrari is easily outperformed compared to tesla >> that's a very interesti

aston martin, the car of choice for james bond but not for some investors ? handbag and where are the kids going to be? let‘s bring in simon french. let‘s stay on the car theme. aston martin, why don‘t you think the shares performed better than they did, given the anticipation and excitement? the price of this initial public offering was quite aggressive in terms of the multiple's, how investors value the company. it is on about 60 times earnings. uk shares are on about 12 or 13 times earnings. it is very much priced as a luxury brand on the basis they will be able to double output and improve profit margins. l think investors are a little bit sceptical this morning. they don't think they could deliver those things on a high multiple and still achieve the success story of recent years. another company whose shares have not done well at all, tesco. that was interesting, because they reported rising sales and rising profits. but investors are looking at it and saying, profits are not quite good enough? you would have thought registering a £930 million profit fo

we are business leaders, we are made to be cynical and mentally plan for risk, i am planning as aston martin not a no deal but a hard brexit. and then basically if you want, we plan for the worst and hope for the best. the duke and duchess of sussex have been visiting a kiwi breeding centre in new zealand on the final day of their pacific tour. the royal couple spoke to local conservationists and enjoyed a public walkabout. johnny dymond has been with prince harry and meghan throughout their trip. welcome to rotorua, your royal highness. he may have had a tribal robe... but the haka that greeted harry and meghan had a blood—chilling power. after that, tentative steps took the couple inside. he speaks in maori. there, he gave maori a try and got a warm reception. cheering and applause. this area has been a draw for tourists for many a year, but harry and meghan didn't come here for the famous thermal waters. they came instead to affirm that their trip to new zealand is for everyone, new and old. i think we have a very strong connection to british culture. if you look at some of our tribalflag

following a wedding reception hosted by the queen, the bride and groom left in an aston martin originallyr a james bond film. the government says eurostar might be suspended and the electricity supply to northern ireland disrupted if we leave the eu without a deal. and disappointment for england in croatia after gareth southgate‘s team fail to beat their hosts in a match held in a deserted stadium. and at 11:30 we'll be taking an in—depth look at the papers with our reviewers sebastian payne, from the ft, and the broadcaster lynn faulds wood. stay with us for that. good evening. an inquest has found that the westminster attacker khalid masood was lawfully killed after murdering four pedestrians and a police officer in march last year. the metropolitan police has again apologised for not preventing the murder of pc keith palmer, who was stabbed by masood within the grounds of the palace of westminster. his colleague pc nick carlisle who was standing next to pc palmer has told the bbc how he tried to save his friend. from the old bailey, daniel sandford reports. the second phase of last yea

aston martin hit the skids on its stock market debut, i was amazed to find out that despite the glamorousars or something? on lots of these small—scale sports manufacturers, they have gone bust millions of times. tvr and lotus spring to mind. the brand still mean something but running them of the company is very difficult. the ipo was significant because many people thought that valuation was too high, comparing it to the likes of ferrari and saying you are not in that league. shareholders have said you are not wanted. another big ipo was a fintech company funding circle which does small—business lending. —— funding circle. it is not very good for confidence when share prices begin to fall, investors get jittery. in the case of the fintech one, funding circle was seen as a unicorn, billion pounds plus, listed in london, it puts a fly on their out mine too. you are never the fly in my ointment. always the unicorn! in a moment we'll take a look through the business pages but first here's a quick reminder of how to get in touch with us. stay up to date with all the day plasma business news a

they said there was no aston martin, there was nothing, it was all very disappointing —— and they justhere is almost a deliberate attempt from the western allies to mock because it is one way to attack putin. rather like donald trump he hates to be embarrassed. and they are trying to, along with lots of other forms, more sanctions, retaliations, they are also trying to mock him in this war of words. there are lots of other things of course. the dutch prime minister, the british prime minister, we have had them making joint statements, hints sanctions. but it all does come back to, yes, there is a war of words at a cyber war going there is a war of words at a cyber wargoing on, there is a war of words at a cyber war going on, there is an energy war going down which it all boils down to and as long as russia is providing, particularaustria, italy and germany with such a the proportion, up to a third of gas supplies, their energy suppliers, they know those countries are not going to impose sanctions on them because they can't afford to. going to impose sanctions on them because they can't

aston martin has lowered the price range for its planned ipo in london this week.rts car maker made famous by james bond movies has cut the top end by about 11%. analysts had been skeptical it would reach its previous estimate. that is your bloomberg business flash. tom, francine? taylor: francine: thank you so much -- francine: thank you so much. ministeran finance will have to sell his budget proposal to his european counterparts this week. he is likely to face questions about the plan to set a 2.4% deficit target. markets have been spooked by the announcement. investors remain concerned over potential friction with the eu. john normand and janet henry are still with us. janet, do you worry about italy dragging down european growth? janet: not growth, per se, but i think what is happening in italy is a reflection of the ongoing challenges that the european institutions face in terms of getting all member states on board with the rules, effectively. i think the challenge with italy isn't so much just the headline budget deficit they are projecting for 2019. certai

aston martin had saw the benchmark against rival ferrari.her big question if james bond was chinese, would he prefer a great wall? i have no idea. markets are doing well at the moment. we were down .8% yesterday. it is useful to look at this group of automakers divorced from the broad ups and downs of the index. out saidt 20 come fourth-quarter will be about lower sales volume, inventories being drawn down and lower margins, as well. you are not getting the pop you are seeing elsewhere. in terms of the challenges within the auto sector as a whole. morgan stanley, help with a note on airlines. on the back of a weaker currency and higher oil prices, they are cutting their price target for all of these airlines stocks with the exception of spring airlines, which is still their top pick within this market. essentially what morgan stanley is saying, as far as positioning, neutral on currency and oil, spring air but as far as the top three are concerned, you are looking at china eastern and china southern. let's see how much they have cut, air chi

aston martin's trading debut hit the brakes after investors balked at the trading price.res closed down almost 5% in london. james bonds favorite car company had already scaled back. lead the selfto driving automobile space is revving up. billion toed $2.75 gm. a surprise tos industry watchers. honda had been checking out waymo from what some time. >> a kick in the tires of waymo. that was 2016 when both companies waymo and honda were saying we are thinking about doing some research together to try to get this up and running. now new announcement surprised a lot of people. $2.75 billion as you said. it really makes this a competitive industry now between waymo and crews. at 14.6 ninevalued dollars. that is $3 billion more than what it was valued at a few months ago. softbank which is also a backer of cruz decided to throw in a couple of billion dollars there. this major investment really brings up the timeline for some kind of launch for a self driving car. you better get ready for that. he spoke to bloomberg television talking about what that $2.75 billion really means.

. >> aston martin shares have tumbled after a valuation on par with ferrari.hares are priced at 19 pounds each, giving the luxury car maker a capitalization of 4.3 billion pounds. after hovering around that level , what is your take on the share price? taken 105 years to .et to an ipo i'd unthinkable worry too much about too much but with the initial shares are doing. we are always looking over the is aterm and our plan long-term growth plan. the u.s. has launched an investigation into the money laundering scandal as they canceled their 2018 share buyback program. >> it is not clear the details of the investigation, whether it has to do with clearances made in u.s. dollars. a fine would be a big hit. we have seen that with other banks. that is obviously a concern for shareholders. it is also a concern that they have ordered the bank to set aside 10 billion danish krone to cover risks. that prompted the bank to discontinue its share buyback program. that is also not good news. plans toer drops its leave the u.k. for a base and the netherlands. why the exit -- w

aston martin in reverse, making a false start after the ipo in london. bloomberg that he's not worried. ok, let's talk about the european markets and where

. >> aston martin shares have tumbled after a valuation on par with ferrari.hares are priced at 19 pounds each, giving the luxury car maker a capitalization of 4.3 billion pounds. after initially hovering around that level, they fell as much as 6.6%. what is your take on the share price? are you a little disappointed? >> we have taken 105 years to get to an ipo. i don't think we are going to worry too much about too much about what the initial shares are doing. we are always looking over the longer term, and our plan is a long-term growth plan. >> the u.s. has launched an investigation into the money laundering scandal that has engulfed denmark's largest lender as they canceled their 2018 share buyback program. >> it is not clear the details of the investigation, whether it has to do with people on the sanctions list or clearances made in u.s. dollars. a fine would be a big hit. we have seen that with other banks in europe. that is obviously a concern for shareholders. it is also a concern that they have ordered the bank to set aside 10 billion danish krone at

. >>> now elsewhere in some of my company news, aston martin has lowered the price range for the ipo.ares will be listed at 18.20 pence books in the offering are supposed to close midday tomorrow est. >>> u.s. regulators have settled charges with tesla over the ceo elon musk saying he will take it up as the -- and tesla will also get hit with a $20 million -- fine we were talking about this on friday it seems as though this is the best case worst case scenario? >> yes absolutely it's the best of a bad situation for tesla. if you go back there was a settlement deal for tesla before this happened. they charged alleged fraud and that gave the sec bargaining power to bring tesla to the table and get them to settle that was a big move. i think for investors in this company, they'll welcome the clarity. they'll woman come the moves to independent directors which should help theoretically dilute the power that elon musk holds on the board. >> doesn't it mean that now he can focus exclusively on production issues and things like that rather than engaging in a very public twitter war >> there'

with the capio you rockin what you still rockin casio ♪ ♪ ace of spades being popped on the patio aston martin broski had them ten a key ♪ ♪ we got chickens two a piece they gon have to murder ♪ ♪ they don't want my people free i know this was made for them i know this ♪ ♪ was said for me i'm just tryna take back every single thing ♪ ♪ they stripped from me i don't owe nobody nothing everything come ♪ ♪ straight from me young purple go get your bread only thing ♪ ♪ that's bred in meot some my rs still alive they already dead to me ♪ ♪ ah young i fear no evil ♪ ♪ don't spit the serpent for he deceitful i fear no demons ♪ ♪ i buy the chajus to free my people i dream of porsches ♪ ♪ and families that don't know divorces wake up to warring ♪ ♪ and people dying and buying jordans it's been a minu i been official ♪ ♪ i been efficient i been in corners i been that boy ♪ been in this -- i been at war and i been relieved ♪ ♪ and i been addicted i been recording they pay me good ♪ p ♪ cause id attention uh young purple ♪ ♪ y'all hands ain't fast enough to touch me ♪ ♪ you tryna box with god you tryna th

cars and aston martin not to doing so good.the deal, now is the time to accept especially at this price. anna: are the japanese a big driver of m&a? reporter: absolutely. japanese m&a is up about 60%. billion. the japanese economy is not a growing and we all know that. they are probably thinking all going on in the u.s., europe is a better market to come into. matt: are we going to see a lot more corporate investment? we have seen a lot of thatomerate selloff units they are maybe not wanting to focus on. is that the core? david: itavid -- ruth is all of these conglomerates that are going to focus on our quarter businesses. we saw it with fiat. and we saw it with the nestle. and a lot of a new ceos comment get to environment where guns on them as shareholders are more vocal. they want to do it as much as possible and make their mark. whether streamlining the company are doing big and bold m&a, as sums they got into the door, they are working on getting it done. anna: a number of companies associated, three in late trading on fri

aston martin has fall in more than 16% since ipo last week the spotlight on italy's bond market among concerns. the deputy prime minister saying that the country will not budge an inch on deficit target. the past two weeks, yield on the ten year italian debt has risen 84 basis points, now yielding 3.57%. a four year high still a lot of attention on higher rates, not just in the u.s. but europe as well. back to you. >> that's a global story thank you. >>> let's get a news update with sue herera at hq >> good morning, carl and everyone here is what's happening at this hour a new york judge dismissing one of six criminal charges against movie producer harvey weinstein, after prosecutors couldn't oppose the dismissal in light of new information learned while investigating the case the dismissed charge concerns an alleged sexual assault of a woman by weinstein in 2004 >>> nasa says two astronauts, one from the u.s. and one from russia are in good condition after a booster rocket failed minutes after launch they lifted off as scheduled from kazakhstan before an emergency landing at an unspe

yesterday, the couple left their first reception, hosted by the queen, in an aston martin.e a wedding dress. the car is one ofjust eight made for the james bond film spectre. there was then an evening party hosted by prince andrew at his home within windsor great park. it was windsor‘s second royal wedding of the year — a more low—key affair, but with a familiar choreography. and it's not quite over. today comes the final celebration — a more informal party, rumoured to have a fairground theme. daniela relph, bbc news, windsor. lots of guests there, celebrity guests there including robbie williams. but it was his daughter theodora who made the headlines. she was clearly enjoying her big day at the royal wedding as a flower girl and was involved in a cheeky exchange with sarah, duchess of york. here it is. you'd expect robbie williams to have a quietand you'd expect robbie williams to have a quiet and shy daughter, wouldn't you? chill. maybe not. what a great thing to ask. —— sure. two weeks after a devastating earthquake and tsunami hit the indonesian city of palu, major se

yesterday, the couple left their first reception, hosted by the queen, in an aston martin.ed to accommodate a wedding dress. the car is one ofjust eight made for the james bond film spectre. there was then an evening party hosted by prince andrew at his home within windsor great park. it was windsor‘s second royal wedding of the year — a more low—key affair, but with a familiar choreography. and it's not quite over. today comes the final celebration — a more informal party, rumoured to have a fairground theme. daniela relph, bbc news, windsor. robbie williams was one of the celebrity guests in at yesterday's service, but it was his daughter theodora who made the headlines. have a look at her. she's looking around at seeing what's going on. she was clearly enjoying her big day at the royal wedding as a flower girl and was involved in a cheeky exchange with sarah, duchess of york. i'm the mother of the bride, don't you know! i love children's questions! it's a good job she didn't ask the queen herself, can you imagine if she done that? some fabulous outfits on show yesterday.

or other it up next aston martin hits a bumpn the road we'll have details after the break. >>> comingon of neil armstrong will be presented by heritage auctions mark armstrong is neil armstrong's son and the president of heritage will join us in just a bit ron! soh really? going on at schwab. thank you clients? well jd power did just rank them highest in investor satisfaction with full service brokerage firms...again. and online equity trades are only $4.95... i mean you can't have low cost and be full service. it's impossible. it's like having your cake and eating it too. ask your broker if they offer award-winning full service and low costs. how am i going to explain this? if you don't like their answer, ask again at schwab. schwab, a modern approach to wealth management. >>> good morning welcome back to "squawk box" here on cnbc we're live at the nasdaq market site in times square among the stories front and center, mortgage applications remain flat. declining to 4.96% also a new report finds that u.s. retail vacancies remain flat at 10.2% in the third quarter. the mall vacancy rat

yesterday, the couple left their first reception hosted by the queen in an aston martin.mmodate a wedding dress. the car is one of just eight major the james bond film spectre. there was an evening party hosted by prince andrew. it was winter's second royal wedding of the year and winter's second royal wedding of the yearand a winter's second royal wedding of the year and a more low—key affair would afamiliar year and a more low—key affair would a familiar choreography and it isn't quite over. today comes the final celebration a more informal party room and to have a fairground theme. as we saw in that film, robbie williams was one of the celebrity guests at yesterday's service, but it was his daughter theodora who made the headlines. yes! she was clearly enjoying her big day at the royal wedding as a flower girl and was involved in a cheeky exchange with sarah, duchess of york. i love that! the audacity! the daughter of robbie williams, who would have thought it? well, argue her or not? first let's look at the front pages. a picture of princess eugenie and her husband ja

we were talking with saudi aramco but the smaller names like aston martin, funding circle, they've beenly. why do you think that is and what do you think the pipeline is looking like? andrew: it wasn't the easiest to get an ipo done last week. both are unique stories. both lacked immediate tiers on the stock market. that leads to valuations that are tricky. markets can decide they don't like the valuations of the ipo. the important thing is the traits in the coming weeks and months. anna: how much firepower to private equity firms have? how much is that influencing m&a? andrew: private equity has a lot of firepower. certainly between $600 billion and about $1 trillion. certainly plenty of money out there. assets.lenge is quality we've seen a reduction in the success of auction processes. prepared to pay up in those bilateral trades. 're also seeing british banks get more market share from your much larger rivals, including megadeals like sky comcast, fox. why do you think you're able to do that and you think this is something that can get bigger? or have we reached the tipping point? an

i am planning, as aston martin, lam planning for a hard brexit. not a no—deal, but a hard brexit.and rover has reported a loss of £90 million in the three months to october. global sales fell by 13% in the last year due to declining demand in china, and uncertainty over the future of diesel. the company says it's launching a cost cutting plan and reducing spending by half a billion pounds. a british pharmaceutical company has been charged following an investigation into the deaths and illnesses of babies at a number of hospitals. ith pharma faces seven counts of supplying a medicinal product which was not of the nature or quality specified. it's also been charged with breaching the health and safety act. ith pharma says it will defend the case vigorously. the headlines on bbc news. there are international calls for a ceasefire within days as the saudi—led airstrikes to support the yemeni government are heavily criticised. turkey says the saudi journalist jamal khasshoggi was strangled and his body dismembered as soon as he entered the saudi consulate in istanbul. scientists in swi

aston martin struggling in its market debut. we'll tell you what it's doing overseas right now.s loses his crown as america's richest person after 24 years. find out who is unseating him at the top of the forbes list. joining me to break it down, susan lee is here, james freeman is here and kevin kelly is back with us. great to a see you. >> good morning. >> great to be here. here's the ray craz crazy thingu mentioned ten cent going ipo. september was a gang busters month for ipo after ipo. that's a testament to the strength of the economy that the republicans should be focusing in on and harping on that. the other thing that's been lost in the narrative side with the republican side, is where's isis. there are a lot of wins that need to be put at the forefront. the side show of brett kavanaugh is just -- it's a traffic city r what has been accomplished. maria: the president's detractors have been insane over the outcomes. the outcomes have been very positive, whether it's economic growth or isis on the run. >> what about the wage growth, a record run in the stock markets, we to

now w seven has hit the london stock exchange or rather the maker of his famous sports car aston martin has it just nineteen british pounds a share the issue price was at the low end of the spectrum equivalent to a market capitalization of around four point three billion pounds well if its market value stays at this level over the next few weeks the luxury car maker won't meet the threshold for entering the footsie one hundred persons top share index after several tough years after martin only started making profits again in twenty seventeen in its one hundred year history the company has gone through seven bankruptcy. you're watching news still to come we'll go live to festivities here in berlin celebrating the anniversary of german reunification and a highly anticipated speech by one of germany's most senior politicians. after a short break see we will be back thanks for watching and do stay with us. in the last hope into the later it's ok but this time and. i'm looking forward to the fun rides and parties and and of course i want to try typical october first beer journey into the fes

"the south china morning post" says a woman was fined in shanghai when she fell out of her aston martin you've got some people who see this, of course, and are like, wait, i don't have money like that, but i'm going to make fun of this. they're just regular people who fell and, you know, dropped their tools. dropped their everyday items. >> oh, wow. >> mmm-hmm. >> so his protein mix. pre-workout. awesome. >>> so there is a woman who got on facebook from oklahoma who put out an appeal to everybody, saying do not feed her dog. ignore her pet who she claims has a tendency to sneak out to a nearby mcdonald's to bag a free meal. now, she shared the photo of her dog princess there explaining the dog liked to walk to mcdonald's in order to be fed burgers by customers. she's not even a stray dog. she pretends to be a stray. >> the dog is a scammer. >>> this morning on "world news now," the deadly outbreak involving children. a virus which is said to be highly contagious is now being blamed for the deaths of at least six children at a pediatric center and dozens more are infected. >>> breaking o