. >>> french finance minister bruno lemaire gives a pessimistic assessment of the brexit process saying the british public were lied to. >> the british people have deci decided to go out of the eshgu.. i would think it was a mistake, but that's the choice of the british people >>> aston martin shares skid towards the worst day in a month as the british car maker warns a disorderly brexit would stall producti production. >>> and jerome powell paints a positive picture of the u.s. economy but also gives a rare warning. >> i think this year has seen a gradual chipping away at that picture. you see a bit of a slowdown, not a terrible slowdown. you still see solid growth but you see kind of growing signs of a bit of a slowdown. it is concerning >>> our top story, out of the frying pan and into the fire dominic raab has resigned a day after theresa may received cabinet backing for her brexit deal following a five-hour meeting. the decision is a major blow to the british prime minister who faces the tougher task of selling the agreement to parliament and averting a potential vote of no confide

. >>> renault shows drive lower for a second day after bruno lemaire says carlos ghosn is not fit to lead the carmaker amid allegations of personal misconduct. >>> and deutsche bank shares slump to a fresh record low after the german lender once more acknowledges its role as a correspondent bank for scandal-hit gdansk >>> and theresa may promises to pursue her brexit deal as the dup votes against a series of budget measures and warns the prime minister to stick to her side of the bargain. >>> good morning it's been a negative start to the day for european equity markets. the stoxx 600 is down more than 0.4% if we examine some of the underlying markets, those four are trading in the red the ftse 100 down more than a half percent the dax down 1.25% in paris, the cac 40 trading almost 1% lower. in italy, the ftse mib down 1.3% let's look at individual sectors, utilities up a third of a percent. the banks led in part by deutsche bank down more than 2%. technology stocks down 1.8%. and the carmakers down 1.66% in part thanks to renault, nissan and mitsubishi let's talk about apple, which

. >>> coming up, bruno lemaire backs renault. geoff was saying on "squawk box" he didn't seem like he was backing necessarily carlos ghosn yesterday but he's backing renault saying the french government wants to continue the deal more after the break >>> welcome to "street signs." selling has stopped on european equities equities pushing higher ending the global selloff for now as investors go bargain hunting with the banking sector leading the charge. >>> italian ten-year yields set for the biggest one-day fall on reports that mateo salvini could be open for a budget compromise as rebounding bank stocks lead the ftse mib higher. >>> oil prices clawing back some losses as the president, mr. trump, says he stands by saudi arabia claiming it would be a terrible mistake to abandon support for crown prince mohammed bin salman. >> i won't destroy the world economy and i'm not going to destroy the economy for our country by being foolish with saudi arabia. >>> and renault shares driving higher as the auto maker appoints a temporary lea

braving areas where police fired tear gas and broke up the demonstration french finance minister bruno lemaire of met with representatives of the french business class earlier today to discuss responses to the protest and perhaps the grievances behind them present mccrone now polling over twenty six percent that's twenty six percent in approval ratings and burdened with a nine percent on unemployment rate reportedly will respond in a national address on tuesday. the venezuelan government has avoided losing a major oil asset to a creditor in court while the head of the ross enough the russian state oil giant is pressing caracas for a timely in kind payments of oil the government of president nicolas maduro managed to avoid the seizure of citgo they're refining and mark. getting subsidy or in north america by plaintiffs with a stake in christe alex international corporation a former canadian mining company on sunday crist alex's c.e.o. announced a one point four billion dollars arbitration judgment to be paid in installments and said and said venezuela has already paid five hundred million dolla

stay with us we'll continue the conversation in a bit >>> french finance minister bruno lemaire urged the eu to agree on a digital tax by the end of the year. he said taxing large international companies is a red line for his government but it remains open on the implementation >>> google and facebook have agreed on a new set of principles it will require internet firms to respect privacy regulations and keep the internet free >> for a long time, 20 years i thought all i had to do was keep it free and open and people would do wonderful things. there's wikipedia, wonderful things th then, in fact, if you talk to people on the street there's been a big change. >> karen is live from lisbon it's interesting some themes coming up is digital taxation, and the other one is actually trust in these tech companies and how peoples expectations of social media has evolved over the times. also over the last year or so. >> they are all major points we are hearing different angles from how academics try to bring you platforms into the mix that might change conditions for consumers, also talking abou

to hear any moment from bruno lemaire.p in mind that it's the biggest stake holder in renault. and he said that he's not capable of leading the company. he's under arrest in japan. hopefully this interim management will be enough to please him. he was meeting with the management team this morning. we'll late to hear from him. >> what is the latest on the man himself? >> this is the thing. we have not heard from carlos ghosn. he's been under arrest since monday. japanese prosecutors have told us what he's accused of. he's accused of alcoholic beverage collaborating. there were other acts of misconduct flagged. and there were other reports from nhk about various exotic homes. but we have not heard from the man himself yet. it's a hard story to report on because, frankly, the one person we want to hear from is silent. >> was this the first that anybody had ever heard about allegations against him? a whistleblower report had happened at nissan. i think it was that japanese prosecutors came out with it on monday and arrested ca

. >>> bruno lemaire has promised the government will continue to support the alliance between nissan and renault, but the french government would also like to know more detail about the allegations he faces >> we don't have extra information about the charges against carlos ghosn we have asked to have access to this information because it's important. i say again as long as we do not dispose of supplementary information there is an essential principal in a democratic state the respect of the presumption of innocence as long as we don't have supplementary proof on the contrary, we had a long exchange with the japanese economy minister about the situation with renault and nissan as an enterprise, what is important for both of us is the preservation and strengthening of the alliance between renault and nissan >> that was the french finance minister weighing in on the situation. i'm pleased to be joined by mattias holberg from the university of oxford i want to ask you, if ghosn goes complete completely, is it inevitable we see a fracturing of this alliance >> good morning. no, i don't t

this morning we heard from the finance minister, bruno lemaire, he said there is no proof of wrongdoingt this moment. echoing what we were hearing from renault putting this together, a very different stance, a different tone coming out of france compared to japan. the mood here is innocent until proven guilty. earlier this week nissan's ceo was very clear in assigning blame and assigning guilt to ghosn and motioning for his immediate dismissal. the next catalyst for this story will come tomorrow nissan is holding a meeting in japan. we expect to hear more from all sides tomorrow brian? >> thank you very much for that. >>> we have deal news in the healthcare space walgreens, boots alliance and humana are reportedly in talks the two companies are considering taking equity stakes in each other. this would be the latest drugstore operate tore team up wi operator to team up with a health insurer walgreens is higher in the premarket by just 1% >>> up next, mind the gap. more trouble at one of america's most iconic retailers. >>> and you will hear from goldman sachs's chief global equity strat