that's it for today's show i'm joumanna bercetche along with julianna tatelbaum. "worldwide exchange" icong nt.s mi >>> it is 5:00 a.m. at cnbc global headquarters. futures right now pointing towards a higher open following wall street's best week since november >>> red light. shares of hyundai and kia dropping in asia after the automakers say they are not in talks with apple to develop a car. >>> south africa will stop using the astrazeneca covid vaccine after they show it was not effective in preventing a variant of the

i'm julianna tatelbaum with joumanna bercetche and tease are your headlines vivendi searching for the stoxx of the 600 as they spin off universal music group. >>> italian banks ride the market wave higher as mario draghi is sworn in bringing a new technocratic approach amid the crisis. >>> they work together on a special acquisition vehicle to target european financial companies from an amsterdam. >>> trump acquitted. the former president cleared of inciting the deadly capitol hill mob attack leading the republican party and the trump brand at a crossroads. >> president trump is still liable for everything he did while in office. didn't get away with anything, yet. >>> good morning, everybody. welcome to "street signs." we are kicking off a new week here et cetera wroert noting china and hong kong are off for lunar new year and a holiday in u.s. activity might be slower than normal volumewise. the news from asia was positive. shares getting to record highs japan back to 30,000 it took 30 years to get there. it took some time for the japanese index to retrace those levels again very po

i'm joumanna bercetche with julianna tatelbaum and these are your head lipz -- european equities rallya surge in silver drives mining salts higher but investors remain cautious ahead of the retail trading frenzy which has turned its sights on precious metals >>> shares rally in early frankfurt trade. melvin capital down over 50% in january. >>> julius bar, the trade near the bottom of the stoxx 600 despite the swiss bank posting 60% jump in net profit the ceo tells us the lender is well placed in the current environment. >> we had share buyback which we had to stop due to coronavirus pandemic and regulatory action we will continue on that path. we are highly capitalized right now. we intend to return excess capital. >>> and as strazeneca strikes a deal with the eu as the bloc backtracks on a plan to put checks on the northern ear land border >>> good morning, everybody. welcome to the show. we've got a very busy one to get through. we're getting right into the heart of the corporate earning season in europe first, i want to bring you data we're getting out of the eurozone these are the

i'm joumanna bercetche and julianna tatelbaum thanks for watching.rldwide exchange" is coming your way next. >>> it is 5:00 a.m. on cnbc and here is your top five at 5:00 -- losing streak. could it be five down days in a row for the s&p 500? boeing in the spotlight again. it wants to ground some 777s after one suffers a dramatic engine failure and drops parts over a colorado neighborhood. >>> the biden administration signing off on emergency resources for texas. power still out for thousands of home the failout and bl

that trading is happening right now and julianna tatelbaum in the london newsroom. i can sense it's very green there as well. >> that's right. here in europe we are following asia and trading higher, extending last week's gains. the main benchmark, stoxx 600 up 0.4%, adding to last week's gains when the stoxx 600 rose 3.5% alongside that bumper week you saw on wall street, we also saw investors put more money to work in europe. this morning we're seeing outperformance of italian assets, the italian banks in particular on hopes that a mario draghi-led government will potentially spur economic growth and provide a more supportive environment for m&a, especially in the banking sector. they seem to be looking at the data over the weekend causing some concerns around astrazeneca and the south african variant. i want to give you a look at the sectors. we are seeing a strong bid in cyclical stocks as well as tech technology the tech sector up 0.8%, being lifted in particular by dialog shares, the semiconductor company has risen substantially, about 17% at the open after th

firm's widely used design shares are holding out down about 0.9% dom. >>> julianna tatelbaum with the latest in london thank you. alphabet's ceo and australia's prime minister holding talks amid tech giant's threat saying he had a constructive media over australia's media bill that would force internet giants like google and facebook to pay for news morrison saying pachai raised concerns about the bill: shares of ebay are surging in the premarket trade following the company's 4th quarter results. earnings and revenues for the online retailer topping expectations ebay providing first quarter sales and profit guidance ahead of wall street's forecast. those shares up nearly 10% in the extended hours trade and securities and exchange commission investigators are apparently digging through social media and online message board posts for potential signs of fraud tied to that big short squeeze volatility that was in play for markets according to bloomberg, the probe is being done alongside a review of trading data, to figure out whether posts were part of manipulative efforts to drive up sha

media, construction, chemicals and auto no major trend when it comes to si si . >> julianna tatelbaume in london with the latest there thank you very much. >>> tesla says its sales in china have more than doubled last year according to a filing yesterday. the company says sales in the country rose to $6.7 billion that's about 1/5 of the company's overall sales. tesla's model 3 was the best selling electric car in china in 2020 and the gains come after the company began ramping up production at its factory shanghai we're off 1% in the pre-market trade for tesla. >>> boeing's board is reportedly being accused of failing to challenge its former ceo on the safety of the company's embattled 737 max jet. or his push to counter negative reports amid two fatal crashes according to the "wall street journal," citing newly released portions of a shareholder lawsuit, after the lion air crash in 2018, dennis muilenburg designed a lobbying campaign to push back against bad publicity and criticism against the plan he discussed the plan with lead director and board member david calhoun who is now by

julianna tatelbaum joining us now with the details of a u.k. supreme court decision what do you have >> brian, good morning huge news for uber, just crossing the wires moments ago, uber has lost its u.k. supreme court case on workers rights this is a huge blow to uber and this means that workers at the company are now entitled to various rights currently uber drivers in the u.k. are treated as self-employed, they are afforded minimal protections. to take you back a little bit to understand how we got to today, back in 2016, two uber drivers filed a case against the ride hailing company which uber had then appealed several times in britain's lower courts today, the supreme court finally weighed in, which was uber's final resort this is a case that has been ongoing for several years now. the case does echo as uber's fight with california regulators over the employment rights of drivers there. this loss for uber could jeopardize its business model and could have wider ramifications for the gig economy. today's ruling is thought to have huge conseq

i'm julianna tatelbaum along with joumanna bercetche on this m & a monday dialogue rockets skyrocketin the second half >>> a hostile reception for hostile takeover bid a french cord orders it ai

i'm julianna tatelbaum with joumanna bercetche and tease are your headlines vivendi searching for theket wave higher