i'm johanna versace. >> i'm willem marks. >>> they're sending grocery giants to the bottom of the market >> we think it's a very positive move but it is in the context of a dynamic and changing market. we think if you don't change, you don't evolve and you don't move forward and in the current climate then that's very risky. >>> deutsch telecom shares dial up after t-mobile agrees to buy sprint in a deal worth 26 billion. >>> life after sorrell wpp topped first quarter sales expectations with full year guidance sending shares sharply higher >>> and president trump raises the prospect of a trade war with europe as he uses a rally in michigan to claim a meeting with north korea's kim jong-un could take place in the next month >> a meeting over the next three or four weeks. going to be a very important meeting. the denuclear meeting of the korean peninsular of north korea. denuke denuke. >>> good morning one of the big stories in europe and globally is the idea that a supermarket titan could be born. sainsbury and azda unveiled a 13.3 billion pound merger. azda parent walmart will become a

i'm johanna versace and these are your headlines deutsche bank wakes up to a new ceo. sewing is the new replacement. they say fourth quarter set backs will not be repeated under any circumstances. >>> novartis buys a company in a bid to build its gene business >>> rusal is sanking after they dragged glencore lower. >>> u.s. department of defense denies reports it is launching airstrikes in syria after international outcry over the apparent use of chemical weapons in an apparent take in douma >>> it is the first day of the week it is monday, and euro penal markets are trading on a much firmer footing versus where we left off towards the end of last week you can see that all of the four big indices are trading in the green this morning led by xetra dax which is shy of being up the ftse 100 is the relative underperformer up only .2% or up only 14 points or so definitely the week is starting off on a much better foot than what we saw towards the end of last week as some of the trade tension rhetoric has been dialed down it's something everyone is watching out for let's swi