Who's Mario D. ? Does anyone know?
Ah Thank you, a call out would indicate his days are probably numbered, sounds like trouble for him.
Thanks reading now.
ECB's Draghi pulls European stocks back into black
(Reuters) - European stock markets recovered from early falls on Tuesday after European Central Bank chief Mario Draghi promised more monetary stimulus if the economy does not improve, offsetting another warning on slowing sales from the chip sector. Speaking at the ECB’s annual conference in Portugal, Draghi pointed the way to cuts in interest rates or new asset purchases if inflation does not return to target, weakening the euro, lowering European bond yields and pulling stock markets higher.
The pan-European STOXX 600 index was 0.1% higher by 0817 GMT, having fallen around a third of a percentage point at opening. The interest rate sensitive banking sector tumbled 0.6%. The newsflow from European corporates continues to point to a euro zone economy struggling to get back off the ground after a decade of monetary efforts to reboot growth. German chipmaker Siltronic tumbled 10.3% after it warned U.S. restrictions on exports to China would hurt business, saying Q2 sales would be “significantly below” the first quarter and were likely to decline further.
The profit warning came hot on the heels of U.S. chipmaker Broadcom’s shock statement last Thursday that trade issues would knock $2 billion off 2019 sales and Frankfurt’s trade sensitive DAX remained deep in negative territory, down 0.7%. “The series of warnings in the chip business is further proof that the trade war is a key risk in the background,” said Simona Gambarini, a markets economist at Capital Economics. Another German chipmaker Infineon Technologies and STMicroelectronics, dropped 4.8% and 2.9% respectively, pulling the technology sector 1.1% lower. Infineon’s move came after it launched a 1.5 billion euro capital increase.
Concern over the protracted trade war between the United States and China drove European stocks 6% lower in May, their worst performance in more than two years, and spurred bets that central banks worldwide would turn more accommodative. The rising hopes of moves by both the ECB and the U.S. Federal Reserve has helped the STOXX 600 gain 2% so far this month.
The U.S. central bank is expected to leave borrowing costs unchanged at a two-day policy meeting starting Tuesday, but its many traders expect its statement to open the way to rate cut next month. In M&A news, Tieto rose 4.7% after the Finnish technology firm agreed to pay 13.2 billion Norwegian crowns ($1.51 billion) for Norwegian competitor Evry. Evry’s shares surged 16.9%.
https://www.reuters.com/article/us-europe-stocks/ecbs-draghi-pulls-european-stocks-back-into-black-idUSKCN1TJ0KB?il=0
Ex-Trump aide Hicks to be the first star witness for House committee
WASHINGTON (Reuters) - Hope Hicks, once a close aide and communications director for President Donald Trump, becomes on Wednesday the first member of his inner circle to testify to the congressional panel leading a probe into possible obstruction of justice by Trump.
Democrats who control the House of Representatives Judiciary Committee believe Hicks can provide important insights into troubling chapters of former Special Counsel Robert Mueller’s report on Russian meddling in the 2016 presidential election, and Trump’s efforts to interfere with the investigation. “She’s our first fact witness,” said Jamie Raskin, a Democratic lawmaker on the committee. “Having somebody talking about what happened from a personal perspective will be a dramatic debut for the committee.”
Hicks, who was one of Trump’s closest aides during the 2016 campaign and the first 14 months of his presidency, was subpoenaed to testify and is due to appear at 9 a.m. (1300 GMT) on Wednesday, the committee said.
https://www.reuters.com/article/us-usa-trump-hicks/ex-trump-aide-hicks-to-be-the-first-star-witness-for-house-committee-idUSKCN1TJ10S