prices for the rest of this year roche, sanofi and merck making those announcements today. they make well-known drugs ambien, which i have never taken. i have taken tamiflu have you taken that?

the sanofi ceo. share price has bounced back privateow flat area banking in the swiss unit compensated for little bit of trading week is. join us now from zero is francine lacqua area -- from is francineich lacqua. >> i think he is relieved that he said this is basically now a trend. he said after the initial skepticism is starting to show results. this was pretty straightforward. if you look at most of the analyst expectations, what we got was better. he focused a lot on net new assets. i asked him if there was a market correction and how would impact and he said it's difficult to know what he was trying to explain to me the hedge. even if there's a big downturn in the markets in the outflows happened quite significantly, they could find revenue and other parts of the business. a try to press them on was global markets and a lot of investors think they are below par compared to their competitors but he was telling me global markets are just different. they don't look at it as a unified self use it t

. >>> and sanofi shares are flat after clawing back early losses.french drugmaker posted slightly higher than expected profits for the second quarter sales in the firm's genzyme division were up 30 cents. sanofi confirmed they're poised for stronger growth in the second half. >>> tesla is reportedly in talks with german and dutch officials to build its first major european factory according to the "wall street journal," the carmaker has held initial talks with two german states battling it out to hostess la's hostess -- host tesla's giga factory. >>> no deal brexit is just not an option. that's a warning from the head of society of motor manufacturers. according to the group, carmakers are increasingly concerned about the uk's future relationship with the eu post-brexit. with the industry and the uk dependant on car parts imported from the eu, the chief executive is warning that production could come to a halt if a no-deal brexit goes ahead. >>> president trump's attorney, rudy giuliani, has questioned whether colluding with russia is even a crime a

pfizer and sanofi both up a little bit in the premarket trade.beat on top and bottom lines they slightly lowered their guidance mainly on foreign exchange reasons sanofi also was a beat on the bottom line. slight miss on revenue for the quarter mainly driven by their vaccines unit. which they acquired a number of years ago did look very strong as for shire, that company, of course, is waiting for its planned takeover by takeda nothing should change there for the deal itself. what we've seen in this earnings season has been characterized by beats. it's been looking very strong. but also a lot of talk about drug prices. and of course that going back to pfizer really starting that conversation after president trump called the company and got them to reverse their drug price increases that they were planning to take the beginning of july. and here he announced in a tweet he'd had that conversation with pfizer's ceo and they were going to roll back their price hikes every single big earnings call, you heard their ceos give a pledge not to raise for th

prices for the rest of this year roche, sanofi and merck making those announcements today.y make well-known drugs ambien, which i have never taken. i have taken tamiflu have you taken that? >> i have. amazing. >> amazing we have agreement on a lot of different things your flu goes away that's so weird. >> stops it in its tracks. >> impossible. not supposed to happen but it does. amazing. plavix and valium, needed a couple of those before the interview -- no. this follows similar moves by novartis, pfizer and the u.s. merck. >>> tesla's batterymaker has suspended one of its cobalt suppliers over concerns that it mined in cuba. panasonic, the exclusive supplier of batteries to tesla said it was unable t determine how much of the cobalt used in the tesla batteries had come from cuba it suspended its canadian supplier after reuters asked about the cuban cobalt. >>> coming up, atlantic council ceo fred kempe will talk trade, russia and that interview with president trump. as we head to break, a quick check of what's happening in european markets right now >>> president trump tal