i'm wilfred frost. here are your headlines from around the world. shares in had glencore surgery over 10% after the embattled mining company raises $2.5 million. and the move with stocks across europe sharply higher. >>> european rallies across china. the the italian prime minister tells us he's not too interested until now. >> we have to ask ourselves are there underlying factors which need to be switched. >>> tesco flips after selling for $6 billion. the uk prime minister is set to reveal plans to become more refugees in syria as germany opens its doors to more than 20,000 this weekend. there must be a collective effort, they tell cnbc. >> when a crisis occurs, europe usually is able to take the next best step. crisis should never be wasted. let's use it to work closer together. >>> a very good morning to you. let's get straight to markets which as you can see opened strongly predominant behind me. we're ups 0.6%. last week, we had europe down 2%, 2.5% during the week. the u.s. is down large, about 3.5%, that coming after the nfp was mixed overall

i'm wilfred frost. here are your headlines from around the world. shares in glencore surge over 10% after the embattled mining conglomerate announced plans to curb its debt. >>> china's foreign exchange reserves fall a record breaking $94 billion after the yuan intervention. the the italian prime minister tells s cnbc he's not too earne. >> if volty last too laong, we have to ask ourselves if they need to be fixed. >>> and tesco selling for $1 billion in a sale. >>> angela merkel opened its doors to nearly 20,000 might go grants this weekend. >>> let's have a look in on asian markets which are unanimously in the red this morning, this comes after further action. there you go, japan has made that. it's up 0.4%. the rest of the europe is in the red by shanghai down 2.5% after a small negative revision in the chinese gdp data in recent times. and it's as got australia down flat. let's look at europe. they were stronger by 1%. germany up 0.4%. the ftse 100 up 0.7%. of course, it volumes a very soft week last week here in new york city. it will bounce ba

i'm wilfred frost. >> these are your headlines around the world. >> a staggering slide weighs on asian markets. chinese equities make a u-turn amid reports of more government intervention. >> exports and imports hitting a high. >> shares spike in london after the british insurer is bought by japanese rival for 5.3 billion. >> and shares in commerce bank and deutsche bank rally. coming up, we speak to the analyst behind the call. >>> right another volatile session in china as august trade data reinforced concerns over the slow down in the world's second largest economy. imports sharply missed expectations falling 14% while exports fell for the second month in a row. we did have a decline initially in chinese trade but it rallied after talk of further intervention from the government. we're looking at about 3% of gains by the close. let's get out to eunice live in beijing with all the details. >> thanks so much wilfred t. focus, like you said was on the import figure. a drop by 14% for the month of august and this was a lot worse than the previous month and worse than what people expecte

. >> i'm wilfred frost. here are your headlines from around the world. >> a fed rate hike would be positive for the global economy. leaving policy unchanged. investors are pausing for breath ahead of thursday's fomc meet. >> auto stocks shift up a gear as european registrations rise for the 24th month in frankfurt. gm ceo says a fiat chrysler deal is not in the cards. >> we went into it in detail when the formal offer was put in front of us. >> but it's a no show. the fiat chrysler ceo buys a bit more time with the united auto workers union which says it will keep negotiating with the car maker. >> lift off for amazon's jeff besos as he brings his dream of launching rockets into outer space to florida's cape canaveral. >> we had the lowest volume session in a month's time. also the narrowest trading range that we have seen since august 18th. that tells us that everyone pretty much is on the sidelines right now awaiting that fed rate decision. let's check in on u.s. market futures. we're not going to see much

. >> i'm wilfred frost. here are your headlines from around the world. >> vw ceo is deeply, deeply sorry but his future hangs in the balance as the board holds an emergency meeting to tackle the fall out from the emissions scandal. >> millions of people all over the world trust our brands. our cars and our technology. i'm deeply sorry that we have broken this trust. >> no end in sight for china's economic slow down. pmi data for september surprises to the down side sending shares in asia sharply lower but europe shrugs off with a sector trading in the green. a bedrock of global stability. china's president urges stronger cooperation with the united states as he works to reassure business leaders amidst reform and cyber security. >> instagram tops with over 400 million people. >>> coming up on the show, find out how bank of america chief has held on to both his titles despite concerns of descent. a victory for hillary clinton. the pharma firm will drop prices but by how much? and new york yankees legend yogi

i'm wilfred frost. >> these are your headlines from around the world. >> a staggering slide amid reports of more government intervention. but the nikkei wipes out the gains. >> the dow set for triple digit gains as u.s. stock markets reopened. they close after correction territory after the second worst trading week of the year. >> uber takes a road trip to china. the ceo doubles his growth plan after raising over $1 billion to fund the expansion. >> congress returns from its august recess with iran's nuclear deal at the top of the agenda. the senate debate begins today as president obama appears to have enough support to ensure the deal survives. >> let's have a look at u.k. futures. this follows a very disappointing week last week. they're also negative now. month to date, quarter to date, year to date but today in europe positive markets and that's feeding through to the u.s. futures. a 300 point open for the dow. 37 point positive open for the s&p and the has tnasdaq to openy about 88 points. the european markets are very strong indeed. in particular, germany up 2.2%. that follows so

. >> i'm wilfred frost. >> dell bets big on choo in a.he firm to invest $125 billion into the country over the next five years in a move that will create over 1 million jobs. >> growth concerns remain after another round of disappointing data from beijing. the premiere says the economy is not heading for a hard landing. >> u.s. futures in the green despite a broad sell off in europe and asia. a volatile late day slide for the dow after the product launch soured the move on wall street. >> keep on trucking. xpo logistics buys con-way in a deal that could increase the annual revenue more than six fold. >> we have earnings hitting the tape from lululemon. that's slightly higher than what many analysts had expected. we're seeing a print of $453 million. that also seems to be somewhat higher than expected. they seem to be continuing the positive trend and positive momentum that we saw materializing in the first quarter. keep in mind this company has beaten earnings expectation every quarter. go back to 2009. with exception, one quarter, that w

. >> i'm wilfred frost. >> i'm susan li. these are your headlines from around the world. >> a fed rate hike would be positive for the economy. the bank of japan itself leaving policy unchanged while investors pause for breath ahead of the fomc meeting. >> stocks are going further into the red despite a crack down on illegal margin trading. >> we cannot coexist. alexis tsipras and his new democracy rival rule out forming a coalition as they go head to head ahead of sunday's election. >> auto stocks are shifting up a gear as they rose for the 24th straight month. they are not concerned by china's slow down. >> i guess nobody really could predict this. >> we are not so much concerned because we did our homework and we have a very attractive portfolio. >> let's get straight to it. checking in on european auto stocks, out performers by the names of fiat and diamler. let's get straight to the frankfurt motor show. a close to 10% increase in car sales in the month of august just below the average of its competitors and nancy just w

i'm wilfred frost. >> i'm carolyn. these are your headlines from around the world. >> vw ceo says he's deeply sorry but his future hangs in the balance as the board tackles the fall out from the emission scandal. >> million of people all over the world trust our brands, our cars and our technology. i'm deeply sorry that we have broken this trust. >> european shares now trading in the green after a negative session in asia due to disappointing chinese manufacturing data. french factory growth surprises to the upside while germany slows fractionally. >> global stability. chinese president urges stronger cooperation with the united states as he looks to reassure senior business leaders amid concerns over reform and cyber security. >> total slashes spending by $3 billion as lower crude prices take their toll. the firm also faces allegations of natural gas price fixing. >> good wednesday morning, i'm susan li. also coming up on the program, shareholders are backing brian moynihan. find out how bank of america's chief held o

i'm wilfred frost. >> i'm size san li. these are your headlines from around the world. >> european stocks see red after the fed holds steady but janet yellen is criticized for creating a third mandate and blames the growth concerns in china for the decision to hold. >> the outlook abroad has been more uncertain as of late and concerns about china and other notable market economies lead to notable volatility in state side markets. >> the dow swings 300 points. but today's futures are pointing to higher open. >> a vote could throw the imme menation of the bailout in doubt. >> japanese stocks closing in the red despite optimism for the bank of japan. growth is returning but they will keep a watchful eye on china. >> the reaction by european stocks this morning is a negative one as you can see. we're seeing red particularly in italy down 1.34. now the reaction was sort of simulate yesterday in the u.s. we didn't see a rally, certainly. it was sort of mixed to down and we are expecting a bounce back today for u.s. equities. the

. >> i'm wilfred frost. here are your headlines from around the world. >> the wait is almost over.futures are flirting with the flat line ahead of the rate decision which could mark the first hike in almost a decade. >> altice buys cablevision in a $17.7 billion deal that creates the fourth largest u.s. cable operator sending shares sharply higher. >> $1 billion on the line for gm as the auto maker looks to settle a criminal case over the ignition switch scandal. >> after a three hour marathon debate carly fiorina breaks away from the pack as she goes head to head over republican prooifl donald trump calling him out on his comments on her looks. >> women all over this country heard very clearly what mr. trump said. >> good thursday morning. thank you for joining us on the program today. let's check in on how markets are fairing ahead of what -- that's happening later on today? >> lunch? no, dinner. >> other things. >> something like that. >> yeah. okay. let's check in on u.s. futures a head of the fed rate decision of cour course. we did see two days of gains. we're looking at decl

. >> i'm wilfred frost. here are are your headlines around the world. >> janet yellen delivers a strong message. the fed could still hike this year but the central bank chair feels weak and needs medical attention during her speech. >> for most fomc participants including myself, we currently anticipate that achieving this conditions will likely entail an increase in the federal funds rate later this year. >> new developments in the flash crash case. sources tell cnbc that traders hearing may be delayed as they make last minute changes to their extradition request. >> who's in and who's out? porsche's top man is tipped to become vw's new ceo amid raeg investigations and lawsuits. >> nike sees a rise in profits thanks in large part to china. >> good friday morning. if you're just tuning in thank you for joining us on the program today. let's look ahead to the u.s. markets and how they're fairing after lee straight days of declines. fair value. we're up some 25 points for the s&p 500. meantime the dow jones in

. >> i'm wilfred frost. here are your headlines around the world. >> we're moving into the next bubble warns the german finance minister. this as european markets dip into the red with the u.s. set to follow. >> oil reverses some of yesterday's gains as goldman slashes it's forecast sending shares higher. >> a victory for u.s. president barrack obama as senators knockdown a republican resolution to block the iran nuclear deal. the saudi prince telling cnbc exclusively that his king tentatively supports the measure. >> they still want to see verification before any action is allowed to relieve the iranians from embargoes so skepticism is par from the course in this situation. >> slimming down, ge says it will sell it's transportation finance unit to bmo financial in the company's latest move to go back to its industrial routes. >> let's quickly check in on u.s. futures. we had the first nontriple digit day since last thursday during the session yesterday but taking a look at the losses across europe and the a

. >> i'm wilfred frost. here are your headlines from around the world. >> volkswagen keeps shares in the red as there will be personnel consequences. the ceo says the company screwed up. >> our company was dishonest. with the epa and the california air resources board. and with all of you. and in my german words we have totally screwed up. >> hillary clinton's war on drugs sends european and u.s.pharma shares into the red after she vows to take on excessive profiteering in the sector. the apple car could hit the road in 2019 but don't expect a self-driving vehicle. >> an enormous strain on our relationship. susan rice says cyber espiongae is hurting ties between u.s. and china. >> let's get back to our top story. vw shares hitting the skids for the second day. currently down by 5.5% as more pressure piles on the car maker to deal with the emission scandal that knocked the german firm. we need to go back to 2013 when the international council for clean transport ran tests on diesel car emissions. they expecte

. >> i'm wilfred frost.ere are your headlines from around the world. >> weak chinese data sending global equity markets lower. weighing heavily on the japanese nikkei which ended the session near a six month low. >> in europe, all major indices are off more than 2%. stateside the dow is called to open lower by triple digits after suffering it's worst month since 2010. >> the negative sentiment from china also being felt in commodities. wti and brent back on the slide after their best three-day winning streak in a quarter of a century. >> the original copy. apple is talking to hollywood executives about creating it's own shows in a bid to complete with netflix. this after announcing a tie up with cisco. >> welcome to worldwide exchange everyone. mixed messages coupled with worries over global growth is keeping investors on edge plus the disappointing read on manufacturing in china. the dow down 394 points in premarket trade and the s&p 500 here on september 1st of 2015 lower by around 50 points concerns weigh

. >> i'm wilfred frost. here are your headlines from around the world. >> u.s. two year treasury yields are spiking as the fomc kicks off. telling cnbc exclusively that it's time for lift off. >> the underlying economic data in the u.s. warrant a rate hike. the u.s. city can stand it. >> up to 30,000 jobs set to go at hewlett-packard's enterprise business sending shares down after hours. cnbc speaks to meg whitman later today. >> strike averted. fiat chrysler seals a deal with the uaw. it will end the controversial two tier pay system. >> founder mark zuckerberg makes a u-turn on the dislike button in response to user demand. >>> let's check in on u.s. futures and what they're indicating for the u.s. market open. we had a pretty good session last night. rally of 1.5%. really across the board. u.s. futures are telling us we're not looking at much movement out of the gate. the s&p 500 the implied open. we're down marginally, pretty much flat. the tow jones industrial is look at gains at 9 points and the tech heavy nasdaq looking at a decline of one point or so. >>

. >> i'm wilfred frost. here are your headlines from around the world. >> u.s. two year treasury yields are spiking as the fomc kicks off. telling cnbc exclusively that it's time for lift off. >> the underlying economic data in the u.s. warrant a rate hike. the u.s. city can stand it. >> up to 30,000 jobs set to go at

. >> i'm wilfred frost. here are your headlines from around the world. >> european stocks see red after the fed holds steady but janet yellen is criticized for creating a third mandate as she blames growth concerns in china for the decision to hold. >> the outlook abroad appears to have become more uncertain of late and heightened concerns about growth in china and other emerging market economies lead to notable volatility in financial markets. >> the dow swings nearly 300 points during the session while the dollar falls to three week lows but today's futures point to a higher open. >> 0, zip, nada, zilch, you got it in barclays sees no earnings growth for the s&p 500 in 2015 but they do say that the stock market sell off appears to be over. >> greece's leading parties are neck and neck ahead of this weekend's elections in a vote that could throw the implementation of the recent bailout into doubt. >> let's check in on the u.s. markets open. let's see how they're pricing right now. another decline. we do hav

i'm wilfred frost. >> i'm seema mody. here are your headlines from around the world. >> the nikkei tumbles to a 7 month low. the negative sentiment spreading across equities. >> pessimism on china is overdone this amid rumors that fears over a hard landing will be left out. secretary general tells cnbc he welcomes the stock market correction. >> it was a super bubble. a bubble of a bubble where you go there and the taxi driver is telling you what stocks you should invest in. it's wrong. >> ready, willing and able. the ecb pledges more easing as needed. this as the former greek finance minister tells cnbc that mario draghi is trapped in an ire cage. >> the central bank of europe is a paradox. on one hand it's extremely powerful. on the other hand it's utterly powerless. >> vladimir putin shrugs off the sharp fall in the oil price but how much of a threat is the china slow down? we have the prime minister later in this show. >>> welcome, everyone to the show. it is one of the most critical jobs reports in recent memory. thi

. >> i'm wilfred frost.are your headlines around the world. >> we're moving into the next bubble warns the german finance minister. this as european markets dip into the red with the u.s. set to follow. >> oil reverses some of yesterday's gains as goldman slashes it's forecast sending shares higher. >> a victory for u.s. president barrack obama as senators knockdown a republican resolution to block

. >> i'm wilfred frost. here are your headlines from around the world. >> volkswagen keeps shares in the red as there will be personnel consequences. the ceo says the company screwed up. >> our company was dishonest. with the epa and the california air resources board. and with all of you. and in my german words we have totally screwed up. >> hillary clinton's war on drugs sends european and u.s.pharma shares into the red after she vows to tak

i'm wilfred frost. >> i'm carolyn roth. these are your headlines from around the world. >> europe and asia catch wall street's cold. the dow and the s&p erase more than half of the week's gains. >> chinese premiere says the economy is not heading for a hard landing. >> dell banks big on china. the firm pledges to invest $125 billion in the country in the next five years in a move that will create 1 million jobs in the country. >> the brokers still love apple. the stock remains on most out perform lists. >>> coming up on the program. s&p cuts brazil's credit rating. also the case against a rate hike is at its most compelling. find out why he wants the fed to wait. we break the latest results later on. >>> something new today. >> new hair cut? >> it is a very warm welcome to london, susan. >> thank you. it's good to be here and great timing to be here. what's happening in asia and how it's effecting global markets. >> the last month or so has been the most crazy. as you say, the real spark for this correction is china. >> it

i'm wilfred frost. >> i'm carolin roth. these are your headlines from around the world. >> the wait is almost over. european stocks flirt with the flat line ahead of the fed decision. >> but the swiss national bank warns turbulence could have a major impact on monetary policy as it holds rates steady. >> francis's altice buys cablevision in a deal that creates the fourth largest u.s. cable operator sending shares higher. >> crude prices settle after a 8% strike. a bullish eai report for surprise move. >> i'm susan li, coming up on the program, general motors agreeing to pay nearly a billion dollars to end a u.s. investigation but will it end enough to restore confidence in the car maker? also a powerful earthquake shakes chile. we'll be watching for the after shocks as a mill people are forced to flee their homes. after a 3 hour marathon debate, carly fiorina breaks away from the pack as she goes head to head over republican donald trump calling him out on his comments on her looks. >> i think women all over this country he

. >> thank you very much, wilfred frost from london. >>> the s&p 500 is now out of correction. however, coming up, a very bullish money manager still thinks the s&p will end the year at -- get this -- 2 t 1 -- 2,100. that's about a 10% rally from here. >>> and, big cap stocks that are looking like a good opportunity in the sell-off. . we have the names right here for you on cnbc, first in business worldwide. nt's ever photographed mean ms. colegrove. but your dell 2-in-1 laptop gives you the spunk for an unsanctioned selfie. that's that new gear feeling. all laptops on sale, save $230 on this dell 2-in-1. office depot officemax. gear up for school. gear up for great. the drought is affecting at pg&e we've definitely put a focus on helping our agricultural customers through the drought. when they do an energy efficiency project and save that money they feel it right in their pocket book. it's exciting to help a customer with an energy efficiency project because not only are they saving energy but they are saving water. we have a lot of projects at pg&e that can help them with th