premier league football club manchester city is to buy a majority stake in india's mumbai city city football group is set to buy 65 percent in the of the club in the indian super league bollywood actor and be a kapoor and accountant female operator own the remains as stake city football group also owns majority majority states in the new york city of c. an australian a league team and city. group china great wall motors have announced plans to build a plant in to produce electric versions of b.m.w. as many electric many as possible use and all electric vehicles account for at least 15 percent of global sales in the next 5 minutes started losing electric model of its box office of england this year chinese factories schedules to go on line in 2022 and produce 160000 electric means. and that's it from me and the business team here in. our pride. india. to misery. in 20 minutes seen as devastating deadly and destroyed the cinemas can even villages. the survivors started creating dolls from damaged cloth giving up was never an option. a story of success. in the minutes w. . was the speech of his life

league bollywood actor and be a kapoor and accountant female operator own the remainder stake city football group also owns majority majority stakes in the new york city of c. an australian a league team melbourne city. group china great wall motors announced plans to build a plant in to produce electric versions of b.m.w. as many electric mini as possible and to have all electric vehicles account for at least 15 percent of global sales in the next 5 minutes south of losing electric model of the spot the faults of england is yet chinese factories schedules to go online in 2022 and produce 160008 took me. that's it from me and the business team here in the. news. thank you. india. to misery. in trenton teen devastating damage destroyed dishonest can even villages. survivors started creating dollars from damage clause giving up was never an option. a story of success. in 30 minutes gone d.w. . it's all happening go to visit a friend of. your link to news from africa and the world. your link to inception stories and discussions hello and welcome student news after going program tonight from funny to

and australian elite team open city. group china great wall motors announced plans to build a plant in to produce electric versions of b.m.w. as many electric many as possible use and all electric vehicles account for at least 15 percent of global sales in the next 5 minutes started losing electric model of its spot the faults of england this year chinese factories schedules to go online in 2022 months lose 160008 took me. that's it from me and the business team. up right next. earth home to millions of species a home worth saving. google ideas tell stories of creative people and innovative projects around the world ideas that protect the climate boost green energy solutions and reforestation. using interactive content to inspire people to take action global audience the environment series of global 3000 on t.w. and online. i'm not laughing at them well i guess sometimes i am but i stand up and whip it up and pretend you haven't thinks deep into jamma culture of looking at the stereotypes the question to me is think is leave t

and i'm proud to announce that the city football group will officially be in india now. lub, mumbai city fc. it is a sign that global football giants now believe in indian football. so mumbai city arejoining the manchester city stable that includes melbourne city, new york city, girona, and yokohama. russell osman spoke to me earlier from mumbai, the former ipswich and england defender works as an analyst on coverage of the indian super league. football is big here. it will never be as big as cricket, but the premier league is always on the television here. to be honest, it's actually brilliant that manchester city fc fit that they should take on somebody like mumbai city fc, and promote them as much as they can. it will do wonders for youth football over here, as well, with the access that manchester will give the academy of mumbai city. help with the players, the education, and i can honestly see everyone benefiting ina can honestly see everyone benefiting in a massive waste up what you say that cricket is king in india. but if you go down the street and you spot for in

manchester city is to buy a majority stake in india's mumbai city manchester city's owners city football group is set to buy 65 percent of the club in the indian super leak bollywood actor ranbir kapoor and account to be mark parikh own the remainder stake city football group also owns majority stakes in new york city f.c. and australian a league team in melbourne city. staying in india the economy there is losing steam fresh g.d.p. data do later today is expected to show the economy at its slowest quarterly pace in more than 6 years low consumer demand and private investment we can further global slowdown hit exports now more and more young indians consider to leave the country for better prospects approach ideally in the united states or in britain. and only about uses every spare minute to swat up on law the delhi attorney wants to apply for a master's degree in london she thinks it will improve her career chances but 26 she wants to put india's economic crisis behind her i have been thinking about doing here are doing my masters for a very long thing but i think that i know with over the p

cfg is buying 65% of mumbai city, meaning the group will now hold a stake in eight football clubs. trolling stakes in manchester city, us side new york city fc and australia's melbourne city — as well as minority shareholdings in clubs in china, spain, uruguay and japan. us investment bank morgan stanley has fired or placed on leave at least four traders for allegedly hiding losses of between $100 million and $140 million according to bloomberg. the bank has refused to comment on the report, which says the investigation relates to trading of emerging market currencies in london and new york and now what's trending in the business news this morning. quartz reports a new headache for elon musk — an investigation into serious allegations of racism and discrimination by black and hispanic workers at tesla's solar factory in new york. analysis by bloomberg finds china's financial warning signs are flashing almost everywhere — from runs on rural banks to soaring levels of personal indebtedness. and cnbc looks at some of the hottest toys retailers are expecting to do well this holiday seas

banning mae and freddie morrison in the bush today defended the decision to bail out citi group fannie mae and freddie mac. and asked for a total at green $1000000.00 more the sale out could get much of a back and ask for a total at green $1000000.00 more the sale out could get much bigger signaling even in troubles for the u.s. economy. are they willing even in troubles for the u.s. economy. and they're building up the next room. and they're building up the next term. a beach time. beach time the taxpayer is called on to bail out of those who created the crisis increase it taxpayers called on to bail out of those who created the crisis increasingly the major financial institutions. in a capitalistic can lead the major financial institutions. in a capitalist economy you would do that in a capitalist system that would wipe out the investors who made fun of you would do that in a capitalist system that would wipe out the investors who made risky investments but the rich and powerful they don't want a capitalist system risky investment but the rich and powerful they don't want a capitalis

stearns is running to the feds to stay afloat president bush today defended the decision to bail out citi group that in may and freddie macin asked for a total i mean $1000000.00 more to sail out could get much bigger billing even in troubles for the u.s. economy. and they're building up the next term. b. each time the taxpayer is called on to bail out of those who created the crisis increasingly the major financial institutions. in a capitalist economy you would do that in a capitalist system that would worry about the investors who made risky investments but the rich and powerful they don't want to capitalist system they want to be able to run to the nanny state as soon as they're in trouble and get billed a taxpayer it's called the too big to fail. i mean there are no will or it's an economics who significantly disagree with the course that we're following people like just stiglitz paul krugman others none of them were even approached the people picked to fix the crisis were those who created the robert rubin crowd the goldman sachs croak they created the crisis are no more powerful than bef

they're working with citi group and the stanford credit union.ll gain a gold mine of financial data on consumer spending. it will not sell financial data to advertisers. >>> if you want to shop on thanksgiving, you will have a bunch of stores to choose from. a lot long list of national retailers are sharing the holiday spending spirit with black friday specials on thanksgiving. 58% of shoppers say they plan to hit the stores on thanksgiving day. that according to a survey from marketing firm niq. here are some of the places you can go. walmart, target, best buy, j.c. penney, macy's, kohl's, game stop, bed, bath and beyond. stores opening on thanksgiving is a very divisive issue with opponents saying workers should have the day off to spend with their family. there's a good amount of retailers sticking with the tradition of staying closed on thanksgiving. the ones closed are nordstroms, lowe's, costco, sam's club, office depot and staples. take your pick. who do you like? >> it is a controversial issue. >> it is. >> thanks, michael, very much. >>>

citi group may just be secret sweet will i am pop store citi group may just be secret sweet will i am pop stores. are all these banks there because there's money to be made out of the bombing of yemen. or all these banks there because there's money to be made out of the bombing of yemen yeah of course as long as this war in yemen we've seen that the united states and united of course as long as this war in yemen we've seen that the united states and united kingdom out of deals is depend on creating conflict on wars in many editing them out of deals as depend on creating conflict on wars in many areas that they start with afghanistan by supporting al qaida and i believe those type of meetings and yes they start with afghanistan by supporting al qaida and i believe those type of meetings and so we did bring in many businessmen or our barbara starr's or whoever they are to bring. in many business men or our bubba stars or if there are 2 saudi arabia is is because that's all we. call it is the idea is it because that's all we. call it is milking cows because saudi have money because so yo

. >> hey, contessa, google is launching a checking account with citi group and stanford credit union the tech giant's immediate goal is customer data not necessarily profits right away they're looking into insights into purchase behavior, consumer finance to partially take on amazon in an ongoing battle for online search dominance. data research from jump shot shows amazon with 54% of u.s. product searches online. google is 46%. pretty solid duopoly google is behind here. the banking product offered through the google pay app will drive engagement to some existing products including google pay for citi group. on that side it helps to grow deposits from the bank going with checking accounts instead of credit card accounts is a key point here. goldman sachs, credit card, google going with checking analysts say google won't have to, quote, disappoint customers for not approving them for a credit card. guys >> kate, that's an interesting point. it was always a thought process with steve jobs that he didn't want any customers to be turned down from an apple product, which was fair for him

in the meantime, the hong kong offices of citi group and j.p.gan warning staff to cancel meetings and stay safe while luxury brands like canada goose and faragamo are saying local sales have been slashed. a look at the wide ranging business impact of the unrest in hong kong. that's ahead right here on "the exchange." >> that was fun. >> that was fun. you gdeveloping technologyt.pene to help the visually impaired. we are so good. we built a guide that uses ibm watson... to help the blind. it is already working in cities like tokyo. my dream is to help millions more people like me. by the way, she's the it wasnext mozart.g day. it is already working in cities like tokyo. as usual we were behind schedule. but sophie's enthusiasm cannot be dampened. not even by a run-away donut. we powered through it in our toyota prius. because a star's got to shine, no matter what. it's unbelievable what you can do in the prius. toyota let's go places. rowithout the commission fees and account minimums. so, you can start investing today, wherever you are even hang

watkins director of stocks at simpler trading so we all remember what happened in 08 when giants like citi group they were required an epic bailout to save them so with the creation of this giant are there concerns of a potential risk to financial stability and in the event of a failure who would be big enough to acquire them. well you know what i really pay attention to is that history doesn't repeat itself but it sure and so something like this if there is going to be a problem in the future it's not going to be like 2008 where was the financial mortgage subprime housing loan issue it's going to be something different that's what we're going to have to pay attention to we don't know where it's going to be if there's. going to be something like that as far as with this merger you know we hope that it's going to be good for everyone involved to expand the community to bring better services to them and really if we start seeing them fail i don't think the question should be you know who is big enough to acquire them or bail them out i think as a free market country we should be saying hey if they

offer checking accounts to consumers next year called cash the project will be financed through citi group and the stanford federal credit union but concerns are circulating as silicon valley leaders like apple and facebook have already encountered issues in the banking world this as consumers are worried about just how much personal information these social media platforms are collecting and exactly how secure their information remains but a google executive said in a media interview they do not intend to sell consumers data cesar's and group a says if we can help more people do more stuff in a digital way online it's good for the internet and good for us but not everyone is jumping on board former governor and current democratic senator of virginia mark warner says i'm concerned when we've got whether it's libra or the google proposal these giant tech platforms intreat into new fields before there are some regulatory rules of the road because once they get in the ability to. trap them out is going to be virtually impossible as new ventures begin some like the apple cart already off to a

while the abu dhabi controlled city football group is selling to a u.s. private equity firm their call silver lake and they originally invested in technology but have more recently moved into entertainment investing in things like the u.f.c. we have. a tremendous global organization over 1500 players around the world over 2000 incredible employees we play a little or 2005 and games across on our teams so this is a. this is a huge organization with a footprint in many places around the world. ok let's break down the numbers there are a lot of them as i mentioned cities are in no shape months or is selling a 10 percent stake in city football group for $500000000.00 the deal puts a record value of $4800000000.00 on the group remember shut months or bought man city for just under $200000000.00 back in 2008 and since 2008 they spent one point $7000000000.00 on players and one very successful manager and that's resulted in 4 premier league titles and vats let's have annual revenue of $687000000.00 or for more on this we spoke to sports mark

groups. reaching out to other city departments and other governmental agencies here in san francisco including the golden gate bridge at district. national park service is and such. we have a community forum where a's of the public, industry and community groups had an opportunity to understand what we were trying to accomplish with this process and provide input. groups like the bay area council , sf chambers, leadership groups that participated along with industry including jump and spin. through this process we have heard a few key concerns. one is that pedestrian safety is really important. that there needs to be user accountability. ongoing community engagement and that the city's infrastructure needs are thought about when approving these services. many of these things would be incorporated in that policy directive that i described. the engagement plan that would be required and then working with 311 and other channels to ensure that issues like sidewalk writing of scooters and things like that are properly addressed. i will turn it back over to kate to talk about where we go next. >> we

will continue to sell menthol pods and two poe bactobacco proa well >>> joined by our guest from citi grouphas been amazing. we saw the biggest spike in yields since president trump's election what changed 50 basis points in just over two months it is markets taking fear out of the economic out look? >> i'm saying we had very powerful assumptions i heard many break downs saying our yields are going to be zero in the market just like europe position, very, very powerful. you see losses accumulating. it is a repricing of policy. powerful expectations that will unfold will change that is different from the economy churning along that was going into all of this phase the assumption that we were cracking. increasingly the evidence is pointing to a rebound in trade in the coming year and higher interest rates important to know a lot of that is assumptions at this point clearly here, policy risk was the problem. when we are taking those risks out of the market, it is easy to see a move like that >> you say policy risk trade. >> and the fed itself. the assumption has been three rate hikes now it is

friends giving this is about celebrating thanksgiving with strangers on the subway in new york city. >>group full thanksgiving dinner on a subway train sunday and the video is now going viral. reporter jennifer bystrom talk to the people who prepare that mobile feast in the spirit of giving. >>and you >>we planned this for 3 months and we said you know what let's take it to that right western friendgiven on a train. >>and so take it to the l train. they did for a whole hour sunday evening, the tables and decorations while the train was making stops from union square to broadway junction. >>we have turkey we had we had big macaroni and cheese. >>the group of 7 served up the full thanksgiving dinner to commuters compliments of chef be who is a local catering business. fact that he was able to give back like that was so don't law many were taking place of food other took out their cellphones the heartwarming videos have now gone virabut that's not what man special for this group of comedians wrappers and content creators. >>the purpose of that video was to provide. good time for new yorkers and

the compa ny‘s owner, city football group is selling a 10% stake to us private equity firm silver lakeion. here's one analyst. just to put it into some part of context, we have been valuing and evaluating the top football clubs for the last 1a years. in q1 this year, we put a value of real madrid as the most valuable football enterprise at 3.6 billion sterling. this equates to 3.7 billion. so it's overta ken this equates to 3.7 billion. so it's overtaken the most valuable football club. so this will have ramifications across the industry. another way of putting that into context, this implies a seven times revenue multiple. we typically see the most viable for book club sorta valued at 5.5 to six times revenue multiple, so there is a significant premium attempt to enact —— attached to this. and city for book group, and for the people group, not only in manchester city, but they have a portfolio of clubs around the world, including new york. there is talk of stadium developing over there, which will enhance the brand into tapping into the us consumer market. but more significantly, they

the abu dhabi controlled city football group is selling to the u.s. private equity firm silver lake they originally invested in technology but of now moved into entertainment more recently investing in things like the ultimate fighting championship also said to have approached other football clubs including chelsea attracted by the multi-billion dollar broadcasting rights deals let's break down the numbers city owners shakman saw a member of the abu dhabi royal family is selling a 10 percent stake in city football group for $500000000.00 the deal puts a record value of $4800000000.00 on the group which aside from its flagship man city owns parts of football clubs around the world not bad when you consider that shakman saw port city for just under $200000000.00 back in 2008 since then they've spent $1700000000.00 on players that's resulted in 4 premier league titles and that's led to revenue posted last month of $687000000.00 so you can see why silver lake would think this is a great investment well for more on this we spoke to s

the abu dhabi controlled city football group is selling to the us private equity firm silver lake they originally invested in technology but have now moved into entertainment more recently investing in things like the ultimate fighting championship we have. a tremendous global organization over 1500 players around the world over 2000 incredible employees we played over 2005 games across all our teams so this is a. this is a huge organization with a footprint in many places around the world and let's break down the numbers city owners shake mensura selling a 10 percent stake in city football group for $500000000.00 the deal puts a record value of $4800000000.00 on the group remember statements or bought city for just under $200000000.00 back in 2008 since then they've spent $1700000000.00 on players and one very successful manager that's resulted in 4 premier league titles and that's led to annual revenue of $687000000.00. the industry in general is converging with entertainment and so we are beginning to see this in inter linkage b

headlines now, more than a dozen homeless activists have set up a camp in front of oakland city hall. the group. >>> police are searching for the suspects accused of burglarizing a restaurant last night. the owners had several ipads and his 20 year collection of culinary knives stolen. >>> well, make room for one more. democratic presidential field is now widening with former new york city mayor michael bloomberg entering the race today and bay area political experts are weighing in. >> here's car nell barnard. >>> following weeks of speculation, it's official, michael bloomberg is in the race for president making his announcement in his first tv spot. >> mike bloomberg for president. >> dropping more than $37 million on a tv ad campaign, the largest of the 2020 election cycle so far. his fellow candidates accusing the billionaire of trying to buy the election. >> democracy means that billionaires cannot buy elections. >> maybe the argument is hey i've got more money than the guy in the white house. i don't think they're going to buy that. >> bloomberg's ads will air in several key battleground

the team work we saw with the apple card and then google and citi group are launching a google brand back to you. >> thank you very much we appreciate that, kate. >> a taste of some of the other stories we are following today under armor may be retail's next underdog, shares climbing 5% after raymond james upgraded that stock saying they're on the cusp of a multi-year growth cycle, dipping 10% since founder and ceo kevin plank stepped down last month here are two cheers for underdog under armor. >> not just a change in management but also a disclosure of an accounting issue. >> inventory recognize igniti no and things like that. >> you would have to call in the management. >> and the board's oversight. >> exactly. >>> netflix's biggest ever film is available to streamers after a limited run in theaters. it might be the catalyst that the streamer needs netflix on track for its best month since january. 3 1/2 hours. >> 3 1/2 hours >> long time. >> i would rather watch it at home where i can pause it. >> me too. >> and come back and watch de niro at all in what is clearly a fine cast. >

city group and stanford university will run those account. they are joining apple and facebook in making moves like this. apple launched a credit card earlier this year and facebook is trying to launch cryptocurrency. google's move will surely raise some regulatory concerns as well as they are dealing with an anti trust investigation with 50 states attorneys general. >> the government reporting inflation rose nearly a half percent from the prior month. rising gas prices is a big reason for that. americans have paid more for used cars and healthcare. >> stock market is moving lower in the early going. dow dropping 55 points. nasdaq down bay 25 points. s&p 500 moving lower by 8 points in the early going. back to you. >> thank you. a deal for bay area residents but it is worth leaving the bay area behind? main street is offering $10,000 for anyone who wants to leave. it is for tech workers who want to work at cheaper rates than silicon valley. >> you have people, i want to buy a house. i want better schools for my kids. we let people say why do

stearns is running to the feds to stay afloat president bush today defended the decision to bail out citi groupthat in may and freddie mac. asked for today defended the decision to bail out citigroup fannie mae and freddie mac. asked for a total of $1000000.00 more to sail out could get much bigger the billing the total after being $1000000.00 more to sail out could get much bigger than billing even in troubles for the u.s. economy. and in troubles for the u.s. economy. and they're building up to the next room. and they're building up the next term. each time the taxpayer is. b. each time the taxpayer is called on to bail out of those who created the crisis increasingly these called on to bail out of those who created the crisis increasingly the major financial institutions. in a capitalist economy you would do that a major financial institutions. in a capitalist economy you would do that in a capitalist system that would work the investors who made risky investment in a capitalist system that would waive the investors who made risky investments but the rich and powerful they don't want to capi

they were hosting shakhtar donetsk, and — despite ending in a draw — city have won their group. ester city, the champions league anthem is a regular pa rt champions league anthem is a regular part of their soundtrack full of their team once again on a brink of their team once again on a brink of the knockout stage. but in the brisk november air, city came out cold. anderson froze into his line, a golden opportunity for shakhtar only kept upa golden opportunity for shakhtar only kept up a fernandinho. a moment he will quickly want to forget. one cup gordy look at scarcely believe it. after a sluggish first half, city we re after a sluggish first half, city were more like their usual self for the second, relief. it did not last long. shakhtar in behind again and backin long. shakhtar in behind again and back in the match. there fans with a momento for the 2000 mile journey home. on a day that raheem sterling again talks on the new contract, fittingly he had a chance to win it. it was not to be. in the last 16, not able to do much better. austin halewood, bbc news. in the championsh

to participate in a global net zero energy develop a program hosted by the sea 40 climate city leadership group known as reinventing cities. the city included the subject properties and to the competition. the city received three strong proposals for the use of this property in may have 2018. and a team of ten experts including some in the city and some outside of the city, including architects and housing experts rated the proposals in the spring of this year. following a subsequent vetting of the two remaining highest ranking proposals, before you is the final recommendation for reward of an exclusive negotiating agreement. the most responsive bidder is a team led by the kelsey's, supported by mercy housing on the architectural firm. their proposal is to develop 102 units of affordable inclusively designed rental housing on the site in a building of six stories over basement that would be no heavy vicki akil are parking bikes. twenty-one of those units will be set aside for the disabled which would be a substantial increase of new construction, affordable units tailored specifically to the di

parent company, city football group, has bought a majority share in the indian super. it's the eight club that city now has investment in. other clubs include new york city and melbourne city. the city chairman says that the investment will deliver transformative benefits to mumbai city and football as a whole. the former ipswich and england defender russell osmond spoke to me from mumbai where he works as a pundit on the indian super league. it is absolutely brilliant that manchester city see fit that they could take on boards a tea m fit that they could take on boards a team like mumbai city and promote them as much as they can. it will do wonders for youth football over here as well with the access that manchester city will give to the academy of mumbai city. it will help the players, the education, the administration of how the club should be run successfully and i can only see everyone benefiting in a massive way. there are five british sides playing in the europa league today. celtic, rangers and manchester united and wolves are all in action arsenal need a draw

my most recent purchases are amgen, merck, abb, can caterpillar, dow chemical, city group and at&t telephonecharles: wow. that is pretty electric. >> dividend payers. trade at lower valuations. >> did i hear energy in there? >> i've already been in energy. that was part of my long term -- charles: reason i bring that up, erin. it is crushing it. up 3 1/2% the sector. sector up 3 1/2% for the whole year. worst-performing sector, west texas intermediate edging higher. in some of the names getting crushed. getting hammered in some names, even with pioneer up 7% today. a lot of questions people are asking me, is this an area to get into? because they are, to your point looking for value. they want to buy something that has not participated in the rally. >> i would say if you're doing any of the energy stocks, i would look for more really high dividend payers -- charles: chevron, exxonmobil? >> at least you have the dividend play as well. they will stay at least somewhat a little higher, only because of low interest rates. that will be a little more defensive. most energy is still very volatile.

he is a ceo of citi group. >>> the first public hearing into president trump's impeachment inquiry is underway. and the law professor breaks down the democratic plan and the republican defense. >>> police, is your stress building over holiday shopping? what some parents are willing to do to put the christmas present under the christmas tree. >>> i believe in you more than anyone or anything. >> and before the highly anticipated sequel comes to theatres, we sit down with one of the artists from "frozen 2". >>> well, you know "frozen 2" will be huge in my house. i have daughters. do you have sons? it will be a nighs for your house. >> i am the only person in the world who has not seen the first one. >> all right. you're aware there is this thing called "frozen." >> and "frozen 2", just throwing it out there. >> i'll convince you with the interview today. >> the young lady who is coming in today is really an accomplished young graphic artist and she is responsible for a lot of what you see on these disney flicks. i am going to love talking to her and asking her how thing theses are made.

and finally city football group the owner behind the manchester city football team has sold more than 10 percent of their company to u.s. based private equity firm silver lake for $500000000.00 the transaction has set a record for a sports fair and tries valuing the abu dhabi based to $4800000000.00 see if the chairman khaldoon al mubarak issued a statement about the deal saying we in silverlake share the strong belief in the opportunities being presented by the convergence of entertainment sports technology the purchase still does face regulatory approval in some regions and silverlake has made a name for themselves investing in tech companies like ali baba dell and skype but there are portfolios recently expanded to the likes of sports and entertainment including ultimate fighting championship now kristie i actually you are big in the investing world you understand all of this is there a big space to be investing in sports and entertainment this is here because a space has been rapidly growing before you were able to buy a team for 150000000. $500000000.00 only like 50 years ago but

group and. was killed in gaza city gaza's health minister says a man and a woman have been killed in the strike israel has accused the iranian backed palestinian group of carrying out recent rocket attacks inside israel israel has now shot all of gaza's border crossings let's go live to how the foresaid in western used them how are you just bring us up to date with these airstrikes what more can you tell us. well we knew what you just said that the israeli military has claimed the strike that has killed. they say is a senior islamic jihad commander in the northern part of the gaza strip and as you say they have been blaming islamic jihad for the recent rounds of rocket attacks that have come out of gaza in recent months the kinds of escalations that we've seen which have led to israeli retaliatory strikes in the lead israel and gaza towards more and more difficult and dangerous territory in terms of those escalations however this in itself is potentially an extremely dangerous escalation israel has not targeted leadership in this way for some time and so this strike is i think excepted here to b

anticipating a 4th consecutive day of midweek demonstrations schools have been shot across the city the palestinian group islamic jihad has offered israel terms for a ceasefire the 2 days of cross border fighting egypt has been helping broker a truce between the 2 sides but israel has continued to bomb gaza and islamic jihad has fired more rockets 32 palestinians have been killed since tuesday the escalation began after israel killed a senior leader of islamic jihad. the u.s. has formally recognized bolivia's interim leader as its new president on wednesday to protesters and the deal with killed on jenin on his 1st day in office security forces fired tear gas at hama supporters of the former president evo morales as a resigned on sunday. well those are the headlines the news continues on al-jazeera after the bottom line statement on so much i think. the green doomsday cult is would hundreds of follow was to a tropical. one when a student mr gates the secretive sick accused of abuse violence in fiji. on al-jazeera. hi i'm steve clemons and i have a question what's brewing in heartland america are classic

trumps on the ground or joint push the city's nik gowing trump son in law gerry kush citi group may just be secret sweet will i am pop store. group may just be secret sweet will i am pop stores. are all these banks there because there's money to be made out of the bombing of yemen yeah of course as are all these banks there because there's money to be made out of the bombing of yemen yeah of course as long as this war in yemen we've seen that the united states and united kingdom out of long as this war in yemen we've seen that the united states and united kingdom autumn deals is depend on creating conflict on wars in many areas adjacent deals as depend on creating conflict. wars in many areas they start with i'll start with alan is gonna. buy some. and i believe i do and i have meetings. meetings and so did bring in many businessmen. there are. stars or if there are 2 saudi arabia is is because that's all we. call it is. it because that's all we. call it is milking cows because saudi have money because so you have the oil that's why i believe how because saudi have money because so you h

equity strategist at citi group. tobias, great to speak with you. you're worried about correlation. explain to us why. >> sure. so we look at the top 50 names in the s&p 500 in terms of market cap and see how they trade relative to another. right? they have different fundamentals different valuation. different drivers. when you do get high degree of correlation, past 21 days of trading in terms of directional activity, they tend to almost trade like an etf. that usually means that the market is in a sell-off mode people are selling both their winners and their losers kind of in a worrisome pattern and it generates opportunity share price dislocation, things like that. when you have very low degrees of correlation, what it's suggested now is investors are being a little too confident in their abilities to kind of ignore macro conditions and just focus on idiosyncratic investment themes. and in that sense, we are at that level today we've seen the numbers drop below 10%. about 8%, 8.4. somewhere depends on the day and investors are feeling a little frisky. and it's not surprising. the

with citi partnerin group and a small stanford university credit you know orunion. r notes that checking unts contain huge amounts of data about consumer spendin and income. >>> elsewhere, alibaba is reportedly planning a secondary listing in hong kong before the end of november. according to cnbc, the chinese e-commerce giant could raise about $13 billion. as you noticeablea is coming off dayccessful single's shopping event setting new records. experts say the listing could boost the m hong kongket itself which has seen business slow down amid protests there. >>> and those protests in hong kong are creating a new type of isk for some big american compan many of which are widely held by investors. eunice yuan explains from beigg. >> businesses in hong kong foreign and local are in a tough spot, not only bus thedown turn caused by the turmoil but now protesters are starting to label businesses as pro government or ro protesters based on their perception of how friendly that business is to the s. demonstrator several groups are creatingnd lists aaps that can be happen

authorities believe the shooting intentionally targeted members of the city's ethnic group from southeast asia. >> it appears that this incident was a targeted act of violence against this residence. possibly some people at this party were involved in a disturbance earlier in week. >> the police chief said it's unclear if the two incidents were connected. >>> and the "sioux falls argus leader" says south dakota is catching social media backlash after a new slogan to curb meth use. the governor launched the anti-meth campaign yesterday with the slogan "meth, we're on it." she said it was created to bring awareness to the meth epidemic in south dakota. but critics say it's probably not the best slogan to help people kick the habit. >>> still ahead, the feud between taylor swift and her former record company calms down. the pop star gets the go ahead to sing her own songs at the amas. wn songs a. for better things than rheumatoid arthritis or psoriatic arthritis. when considering another treatment, ask about xeljanz xr, a once-daily pill for adults with moderate to severe rheumatoid arthriti