alix steel brings up siemens energy.pany has put so many feet wrong on his journey to where we are now the it is hard to encapsulate it. the fact we are now having to go to the german government, not only to support the renewables business, but everything else, to be able to deliver turbines and delivered to the gas industry. what is the government's response? what happens to them? how much time does the company have? elizabeth: like you said, siemens energy has been under a crowd for quite some time, stemming from issues in the onshore wind turbine business. they have been trying for years to get on top of these problems. it will be said that the other parts of the business, making gas turbines or transmission lines are comfortable. but these issues are now starting to seep into other areas of the business. sucking up funds and thereby forcing the company to seek help from the state. the response is likely to be positive because siemens energy is a very important company in the green transition. alix: exactly. is it 16

the critic of plans for the german government to rescue is siemens energy. mr. foster, why do you think this is such a bad idea? but it's a very bad idea because it is primarily the responsibility of the humans energy. it spans maybe also its power and z mens to, to finance these guarantees and certainly not of the government. the trouble is when companies have issues have difficulties by time to the government and when they make profits, they've privatized those profits baptist on file, and it also sets the wrong incentives for management, inviting them to act in a very risk away. so there's no reason why the tax payer should have the events energy in this situation. the banks can do that. the parent company can so do it. what about the idea of a level playing field though? siemens is facing competitions from china, which provides mass of subsidies to it's renewables. companies. surely the last thing the company language is and nobody's interest, including that of the german people. well that all ways to deal with farm subsidies if they are unfair that i've

let's take a look at the stocks moving to the upside siemens is 9.5% higher and electrolux is weakere take you to u.s. futures and the picture from the states, no doubt, is helping the sentiment in europe. we watch triple digit point numbers for the dow and across the other indices. as we closed out on friday, it was negative from the nasdaq and s&p. we see a slide here from peak to trough >> the part of the month where we look at the monthly declines. as much as we talk about the ten oil stocks 4.4% decline i will do what i did last week to reiterate the point dow and russell 2000 have led the declines in the states the former is down 9.4% for the month. the latter is down 8.3%. >> the european markets in the context at 4.5% for the month. today is helping, obviously. that is more than what you had off the dow and similar range to with what you are seeing off the nasdaq >> look, let's move on to the big story. >>> the g7 called for immediate repeal of import restrictions on japanese food products with chinese and russian curbs on fish imports tokyo started pumping water from the fuk

siemens energy shares lost more than 1% after the firm sought 15 billion euros in government guaranteesnd major problems. >> in the provided sector, the cost are enormous. interest rates have exploded. it has gotten very expensive. the company can no longer go it alone without state support. that's why i expect a state to -- a state who wants to fight climate change to help siemens. >> the prosecution has rested its case in the currency fraud trial of former cryptocurrency founder sam bankman-fried. the judge sent the jury home so that he could hear bankman-fried's testimony before deciding what jurors will be allowed to consider. the disgraced entrepreneur has reportedly told the judge the ftx legal counsel were involved in a number of decisions in a run up to the company's collapse. spf -- sbf, as he is known, has had several former colleagues testify against him. if convicted, he could potentially face life in prison. a bit harsh. who among us has not misplaced the odd $8 billion here and there? no harm, no foul. mark: brian quinn. that's all i can say. brian quinn with business. tim

is very intertwined there that it was actually the head of the representative office at that time siemenst is, here are three layers of the state, and directly the ethnic group and directly the person. of course, in china this is all very much divided, they understand this history , but returning to the middle east, and the fact that now a war could break out, and the hegemon leaves, and everyone is now acting on their own, we are entering into a completely unpredictable perspective. , how turkey, iran, israel, and so on, saudi arabia will behave is absolutely unclear, but the fact that the united states is losing positions there, the chinese people are taking these positions republic, and that the usa at least. to set fire to this region so that china does not come there, this is obvious, because we remember that assad was in beijing before this conflict, and netanyahu was invited to take one train, one route, that is, beijing thought in the head of the chinese, like the chinese, that the americans were leaving , we are coming to replace them, the change will be peaceful, nothing of the

for the next year or two and then, going forward for our large clients — your samsungs and bosch, siemensed, as you said, for a little while about internet of things and smart things and smart home of the future and i think that's already taking off and catching fire but it's been much slower than they've wanted to, you know? when proper intelligence gets into your machines and they can really start to influence your life, really be of help and assistance to you and help you make choices and do all sorts of different things, then i think you will see the hardware really jump. and i think there's going to be some revolutions in the home that happen once the power and the capability of a! really gets understood and built into the software and then, the hardware of some of our home appliances. and after spending a little while with desdemona here, i am actually starting to believe that smart appliances of the future really could add — well, at least a little personality to our homes. what can you tell me about the presenter of bbc click? they say the presenter of bbc click is an expert on al

for the next year or two and then, going forward for our large clients — your samsungs and bosch, siemenstalked, as you said, for a little while about internet of things and smart things and smart home of the future and i think that's already taking off and catching fire but it's been much slower than they've wanted to, you know? when proper intelligence gets into your machines and they can really start to influence your life, really be of help and assistance to you and help you make choices and do all sorts of different things, then i think you will see the hardware really jump. and i think there's going to be some revolutions in the home that happen once the power and the capability of a! really gets understood and built into the software and then, the hardware of some of our home appliances. and after spending a little while with desdemona here, i am actually starting to believe that smart appliances of the future really could add — well, at least a little personality to our homes. what can you tell me about the presenter of bbc click? they say the presenter of bbc click is an expert o

corporations in europe and the us, including and non oil related firms like volkswagen dime or, or siemens. however, an escalation of a conflict could fundamentally change the situation. for example, in the strait of 4 months, this narrow, straight, just over 30 miles wide, is controlled by iran, considered to be the main supporter of hamas and hezbollah. 20 percent of the entire global oil production must pass through here in the past overall, and has repeatedly threatened to block the straight and has impeded the passage of tankers from western countries. a military escalation could trigger over onto stuff and again and cause the global economy to collapse. let's see the risk of recession in the euro, so cannot be ruled out due to an escalating conflict. now they're all gone simply because the you're selling with this high energy demand isn't primarily dependent on the gulf states in the middle east as a holes, because i'm think countries with energy intensive and processing industries like germany would be particularly affected. right, let's discuss this further with robots from the dat

but for tech got a, so come back to the deal. tributes is up to assess the siemens of those items on the phone. so i'll say on the, please on us for you. they, as i'm feel political, some on i said i have to some the funding whiskey. american love so much stuff. you know much. this is still still see less and bill it is a, is a z. run that up to you last but they were 5. you does, does anybody that listing stuff to go in? so the, to do i, you know, find them some of them of to put up. does that go with the agent own oprah, which i should be nice of skis, a mazda, fiscal ok? split to the, to what's going on? i certainly important what does have to come from a bus. i was actually not on the appointments, she's fine and i was running away know pretty much so then i said was, i'm old enough to still trying to affordability is to tell them a sense of that. so me be able to have some i love them. yeah. so get those shows seeing and i've looked at the some of the a mobile yes. and those less as little as the mobile phone is a number quiz photos when mueller. beautiful style made this come b

got a so called back to the deal tributes is up to assess the siemens of those items on the phone. so i'll say on the queen's, on ask for you. they feel political. some on i said i have to some the funding whiskey. american love so much stuff. you know, so, so you'll see lots of deal. it is a, is a z run that up to you last, but they were 5 you does. does anybody know that the listing separately going so the tutoring and i would find them, some of them hooked up without the j. j. o. going over, which i should be nice of skis, a mazda, just a little k, split to the, to what's going on. i certainly important what does have to come from a bus. i was actually notes on the appointments. she's fun and i was running away. know pretty much so then i sort of, i'm old enough to still train definitely be able to use to tell them a sense of that. so me be able to have some i love them. yeah. so get those shows seeing and i've looked at the some of the mobile app you'll send those loves as well as the mobile one is and i'm a questionnaire as well. mueller. beautiful style made this come because

got a so called back to the deal tributes is up to assistant siemens of those items on the phone. so i'll say on the queen's, on ask for you. they is, i'm so political. some on i said i have to some of the saw the english american law so much stuff. you know much. this is still to see lots and deal. it is a, is a z run that up to you last but they were 5 you does. does anybody know that the listing separately going? so the tutoring, and i would find them some unable to put up. does that go with the agent own oprah? which i should do that is that of skis, a mazda, fiscal, ok, split to the, to what's going on that my son important was some, some a bus. i was actually not on the appointments. she's fun and i was running away, no premier. so then i said was, i will not have to still train definitely be able to use to tell them a sense of that. so me be able to have some i love them. yeah. so you have to have, so seeing, and i've looked at the, some of the name of the list and those loves that sort of scheme of, of 2. 1 is, and i'm a quiz to those who mueller. beautiful postpone may ju

got a so come back to the deal. tributes is up to assess the siemens of those items on the phone. so i'll say on the, please don't ask for you. they don't feel political. some on i said i have to some of the saw the english american law so much stuff, you know, so, so you'll see lots of deal. it is the one that up to you last but they were 5 you does. does anybody know that the listening stuff to go and so the, to do, i, you know, find them some unable to put out the j. j. o. going over which i should be nice of skis, a mazda, fiscal ok. split to the, to watch football. almost 70 important. what was some, some, a bus of, i was actually not on the appointments. she's fun and i was running away. no premier. so then i started was i'm, i'm not up to still trying to affordability so totally in a sense that that's so me be able to have some i love them. yeah. so they've got to have, so seeing, and i've looked at the, some of the mobile just and those loves that sort of scheme of, of truth one is and i'm a quiz to it as well. mueller. beautiful style made this come because i'm not, i don

speaker for me to eat breakfast has got a so called back to the deal tributes is up to assess the siemens of those items on the phone. so i'll say on the queen's, on to you, they feel political. some on i said i have to some the saw the english american law so much stuff. you know much. this is still to see lots and deal. it is a, is a z run that up to you last but they were 5 you does. does anybody know that the listing shuttle going so the tutoring and i would find them some unable to put up as a bow, a j. j. o. going over which i should be nice of skis. are my best to locate, split to the, to what's going on. i certainly important of to come from a bus. i was actually not on the appointments. she's fun and i was running away know pretty much so then i sort of, i'm old enough to still train. definitely be able to use to, to name a sense of that. so me be able to have some i love them. yeah. so it'd be up to have, so seeing, and i could do some of that. me a mobile just and those loves that sort of scheme of, of to one is and i'm of course the formula beautiful. the style may just come b

14% as automakers came under pressure with the competition from china dax is down 3% the worst is siemens is down with the wind energy falling and the swiss index with the focus is down 5.3% the drug manufacturing seeing a lot of issues with the departure of the ce ouo. this is the picture for auto makean -- automakers. mercedes-benz cut the margin outlook a couple of days ago uk bank with the picture across the sector all trading in the red a weak and -- a week and month to forget. frank. >> thank you, joumanna bercetche. let's dive deeper with vince from cloud capital >> good morning, frank >> we have talked about the losing streak for stocks down for the month. how do you attribute that for the season or higher rates >> i think it is a combination higher rate environment is putting pressure on stocks and bonds. it is not just the month which is tough for capital markets it is where it was in april of 2021 two and a half years ago this is a difficult part of the cycle. we are late cycle. the economic growth level is slowing. the fed has increased rates a bit. >> you said the economic cy

the jew, but the story there is very intertwined that at that time he was actually the head of the siemens, and the ethnicity itself and the person directly, of course, in china this all very much divides, i understand... this story, but returning to the middle east, the fact that now a war could break out, and the hegemon leaves, and everyone is now acting on his own , we are entering a completely unpredictable prospect, which means that how turkey, iran, israel, and so on , saudi arabia will behave is absolutely incomprehensible, but the fact that the united states is losing positions there, the people’s republic of china is taking these positions, and that the usa wants to light this region so that china does not come there, this is obvious. because we remember that assad was in beijing before this conflict, and netanyahu was invited to take one train, one route, that is , the chinese thought of beijing in their heads as the chinese, that the americans were leaving, we were coming to replace them, the change would be peaceful, nothing like that, as it turned out, the americans are not r

a boost of siemens energy which came under selling pressure last week is up right now travel and retail and media is one reason why the french index is doing well. i want to take attention to one stock in particular that we are watching today that is hsbc up .70%. they have announced a new $3 billion share buyback program after reporting third quarter profit which missed estimates. pre-tax profit rose to $7.7 billion from $3.2 billion a year earlier. the net interest rose 19 basis points on the year to 1.7%, but dipped 2% on the quarter as customers moved to fixed-term deposits despite that, investors are cheering on the fact they introduced the $3 billion share buyback program. one sector of green in the banking sector frank, we have the bank of england meeting on thursday. frank. >> joumanna, thank you very much. >>> loota lot more to come on "worldwide exchange," including one word the investors need to know plus, nelson peltz gets help from his friends as he puts the squeeze on disney. >>> we will also speak with pc maker lenovo with the very special partner. >>> and later in the sh

siemens breaking news coverage of this of this unprecedented s in israel will continue right after a. [music] >> we are continuing our breaking news coverage this hour.the u.s. secretary of defense is scoring israel after this morning's surprise attack by hamas that has killed at least 40 people and wounded hundreds of others put secretary often met with top u.s. military officials just a little while ago including the commander of u.s. military central command. we are also waiting to hear directly from president biden. the white house has issued a statement condemning this attack on israel by hamas. seen in military analyst retired lieutenant general mark ripley is joining us right now. to general ridley, thank you for joining us serpent we are watching all this unfold. what's surprising to me is that this is a major surprise that the israel military intelligence committee was caught off guard. what is your sense?>> i believe the intelligence was certainly lapsed this morning wolf. it was problematic in terms of the kind of things that hamas has been doing with regard to operational

siemens, phillips, but i have been a big fan of ge since i started the company.i think the fact that they got spun off from the mothership earlier this year has definitely been a benefit, not only for ge, but really for the innovation, which i think they are now freer to do, and which will accelerate some of the changes in the technology. >> that is great, one of the largest, and i know we're on the right track, because you are in the business. now, you got a huge number of centers. your in certain states, which is very clear that you got critical mass to work with certain organizations. but what i thought was incredibly interesting is that when you have these done in a hospital, they can be much more expensive than when you do them., which is incredible. how does that work? well, i think that is part of the legacy that we are all living with. some of this equipment started in hospitals. and has only over the last, let's say 20 years, began to gravitate to the outpatient space, which is the area that we do not operate inside of hospitals, although, we have joint

solar, wind, batteries since the fed began raising rates on march 17, 2022, solar edge down 78% and siemensnergy which needs a bailout of germany or the offshore wind and down 61% with oil and gas here's the real worry. if we're taking off power, will the federal reserve and high are rates crush the new energy revolution that's a huge question >> and to what extent are -- is the state willing to step in and continue tosubsidize it? because in the low cost of capital era. >> exactly they were often egoer and will willing to do so and you wonder if voters are saying and realizing it's not that these aren't important priorities, but we can't afford to just subsidize going a direction that undermines our ability to have a reasonable standard of living. >> you may have heard a guy in europe talking about this. germany's in dire straits and they've been saved ironically by a mild weather they had a cooler summer in the industrial parts of yuld and a fairly mild winter and they've got enough gas to last this year back to the united states, my point is this. you said the states. new jersey recently

cherkassy is work for space, kharkov, this is not only tanks, but turboat, they are smart, it’s only siemensid you come to us? we met with usaid and the coordinator, or rather the administrator, we met, these are loafers who are robbing our budget, when i came across this organization, the first i realized is that they are engaged in promoting the ideals of america and are essentially soul catchers, that is, they begin to work with those , who professes these values, for comparison. other cis countries, compared to ukraine, that is, from 2013 to 23, 25.5 billion dollars, what could be done with this money, what? and i’ll tell you, they do everything, first, they catch all the leaders of public opinion, and not only there the government, parliament, local bodies, at any level, for example, counting nature, animals, that is, the leaders of all, corruption, while we , were engaged in the primary accumulation of capital, yes, they worked on textbooks, wrote, rewrote our history, there was a generation that was surprised to later learn that we really defeated the nazis and so on , and that there

had already changed his name -- i think he was traveling under the name of stanley because he had siemensapers with the name stanley on it. he then later changed his name to johnson. when he got to new bedford, there were too many johnson's in the community and so things were rather confused so he changed it to douglass and he kept that name for the rest of his life. >> what was his life like in the first years in talbot county? prof. medford: as a child in talbot county, he talked about not having to work hard for the first seven years of his life because he was a child he talks about the hunger. always being hungry. he talksut being cold during the winter. he talked about having to wear a one-piece outfit should it was just a long shirt. a course linen shirt that stopped at its knees. no trousers. he was so delighted when he found out he was going to baltimore because he would be able to wear pants. it is interesting that is what he is thinking about. not whether or not he is going to escape the hard labor of being in a rural environment but it is like he is going as a grown-up. he is n

siemens energy bounces a little bit.we do not need government support but the bounce is tepid. they are only up around 2%. that tells you how cagey the market is. the numbers disappoint, but they come back and deliver a significant buyback. hsbc has significant dividend. you think about the comparison with 5% on treasuries. they opt for the buyback, but maybe that is the more rational way to go. it has not been enough to support the stock today. hsbc drops by 2.5%. alix: s&p is up by .6%. we have seen stocks rally on a monday in the u.s.. how much emphasis do we put on this? the worst performing stock had a terrible outlook, so you're still getting punish if you do not deliver. it does raise a question. are investors too bearish? article after article. which leads me to dollar-yen because that is something that can surprise the market. maybe we will see 10-year above 1%. it will maybe talk about yield curve control at their meeting. i do not know. we are still near that level and here is something perplexing. we are seei

intel and siemens are pulling out of new york's biggest tech conference after the events later criticizedrn support for israel following the hamas attack. prominent venture capitalists, including members of sequoia capital have canceled plans to attend. the events organizer has apologized for his remarks. citigroup has fired an employee who posted an anti-semitic comment on her social media page. the firm said it was investigating the matter after the post was screenshot it -- shared on the platform x. citigroup says it does not tolerate hate speech. authorities have seen increasing threats targeting jewish and muslim institutions following hamas's attack on israel. and of course, we are watching risks at the moment, the regionalization and worsening of the middle east conflict with the war between israel and hamas, as well as some of these concerns and jitters on the rates side as well. fed chair powell not wanting markets to run away with enthusiasm in november, probably not happen, but keeping rates and the risk of hikes on the table going forward. this is a picture and it comes to yie

he had been in instrumental in the commissioning of the siemens vehicles and this experience with testing trains in atk's territory of the muni metro subway made the commissioning of the atc's at central subway much easier to accomplish this work behind the scenes. his work behind the scenes to arrange vehicles and support personnel for testing and special events such as the visits of speaker pelosi, secretary buttigieg and the mayor breed freed me to focus on ongoing work towards the goal of bringing the central subway project into service. jasmine charles, who is not here today either, but she has been with the agency since 2009 and the head of station operations since 2020. at the start of the pandemic. nick, like manny, she was instrumental in arranging support personnel for testing special events, training, life safety drills for the cpuc and san francisco fire department. she arranged for inspectors, operators and other transit operations personnel to support the start up of the subway with a clear understanding of overall operations of the system. she did an excellent job at briefi

a lot of indians coming there working at coming in there working at companies i've companies like siemens loyal following where are recommending me where people are recommending me as a used dealer and as a as a used car dealer and i am benefiting from indians coming in with their young families cleaning up. families and i'm cleaning up. it's and it's families and i'm cleaning up. it great and it's families and i'm cleaning up. it great leveller and it's families and i'm cleaning up. it great leveller because,:i it's families and i'm cleaning up. it great leveller because, you; a great leveller because, you know, if you're from europe, you have unfettered access to the great whereas a great britain, whereas all of a sudden you be unskilled sudden you could be unskilled and be tossing around at and you can be tossing around at the bottom of town in leamington spa, boozed a spa, getting boozed up, not a penny name and milking penny to your name and milking the of sudden the system. all of a sudden you're having qualified, you're having highly qualified, highly individuals highly intelligent