Too slowly. In greece, the government says they could stumble out of the euro by accident if the Opposition Party wins. The finance minister is saying the Opposition Party might have to have the bailout extended. If the opposition wins, they do not have the knowledge of the experience in negotiations, they have certain ideas of their own, i think its prudent for them to ask for an extension. It will give them some time to manage the negotiations. The greek election is in a january. The opposition has a slightly. In france the magazine will print 3 million copies of the issue that comes out tomorrow. The normal press run is 60,000. The staff has been working since friday. The cover will show a cartoon with the prophet mohammed. An upset in the First College playoff football finer. Eczema deal elliott rushed for 246 yards. Ohio state won over oregon. Its the eighth National Championship for the buckeyes. Oregon was favored to win. President obama will meet with congress with plans to lay
Manus 1 million in breathing room from that ecb but the verdict is still out as to whether greece and be trusted to come up with adequate Economic Reforms before monday. Caroline i am caroline hyde. Manus i am manus cranny. Caroline coming up one heartthrob leaves the richest boy band in Music History. He says he is ditching one direction but will the four others carryon to make more megahits . Stay tuned, that story is coming up. Straight to manus for a quick check on the market. Manus this story sounds very reminiscent, lets talk but something slightly closer to my heart which is the equity markets, you are looking at two big global themes. One is holidays geopolitics the numbers were much worse than estimated. Durable goods were down one point or percent, jpmorgan has a comfortable growth target, have a look at the bottom of your screen, the philly semiconductor index. That is the Biggest Movement in that interact index. What is happening in the Technology Industry . Look at the lon
Caroline welcome to c ountdown, i am caroline hyde. Why he backs the takeover did. Bid. Manus airlines are adapting new rules in the wake of the german wings crash. Caroline. the french prosecutor suggested the pilot was locked out of the cockpit. Manus under the regulations already in place, a commercial pilot cannot be left alone in the cockpit. Easyjet, air canada and Norwegian Air are among the carriers confirming they will amend their procedures. Caroline its go to bloombergs aviation correspondent. Tell us more about this to any cockpit rule that resides in the u. S. After 9 11, there were so many rules about 9 11 and they made a firm rule anytime one pilot stepped out, a Flight Attendant had to step in to make sure they were two people in the cockpit. Part of that were if the first were to fall sick, the Flight Attendant could warn the other. It is not just about terrorism. In europe, the lots are different. It is left to each country and airline in europe to decide how they wan
It paves the way to grade the uks biggest wireless provider. Mark welcome to countdown. Anna lets get to our top stories. The two food giants giant and craft meriging with heinz. 3g capital is a Brazilian Private Equity Firm and they looking to buy into kraft. It is a philadelphia cheese. But the next step would be to merge it with heinz. This would bring together these key players in the food sector. No price tag yet. 36 billion is how much kraft is overall worth but well the deal could be announced as soon as this week. It is interesting because we are getting 3g capital luring alltime favorite Berkshire Hathaway. They have worked together before. Two years ago, they came together when they bought heinz together. They combined to make this big billiondollar purchase the last year, they came together. Berkshire hathaway, Warren Buffett helping burger king by a Canadian Company of doughnuts and coffee tim hortons. That was in 2014. They were together now. Interesting they are longterm
Shares at the Company Tanks as it scraps forecast pending and accounting pro. And accounting probe. Mark welcome to countdown. Also coming up today russian reunion. Angela merkel and Vladimir Putin meet for the First Time Since february to commemorate victims of world war ii. Tensions remain high over ukraine. The peoples bank of china opens the stimulus cap again cutting Interest Rates for the third time in six months. Challenging the countrys 7 growth target. Christine hah is on the story from beijing. Good morning christine. Whats is expected . Christine it was expected. A few economists had predicted the right path. Over the weekend, we also had Consumer Price growth most important, the shanghai market has tempered the rise over the last two weeks. A lot of space for the central bank to cut rates at this point. Cutting rates at this moment is more of a stabilizing a step a stabilization to the economy than a stimulus. Debt levels are ready so high in china. We have seen three rate