Are shaping up. And harnessing the power of sd printing in health care. We meet the firm thats revolutionising the way artificial limbs are made making them cheaper and easier for those who need them most. And as you are hearing. Like it or loath it facebook is bigger more profitable and more controversial than ever. What do you think about that . Has it got too much influence . Just use the bbcbizlive. Hello and welcome to Business Live. We start with facebook because despite the ongoing controversy over everything from fake news to extremist and violent content the Social Networkjust keeps getting bigger and more profitable. Facebook has been warning for some time it cant keep growing at this rate but the latest results show no sign of a slowdown. Facebook made profits ofjust over 3 billion in the first three months of this year. Thats a jump of more than 76 on the same period last year and more than investors were expecting. And it is creeping ever closer to two billion users 1. 91;
Profit climbs 12 . From hsbcs and cfos this hour. Trading now. We are 30 minutes away from the enend of the thursday session. Italy leaving the advance. 1. 9 . Alian met by those currency, all those currencies in the second column arising against the dollar today. Inlds continuing to fall greece. To tell younings about. The trial it prompted a surprise drop in First Quarter profit global and revenueservices up by 8. 3 . 4 . Ks up fixed income, revenue jumping 12. 8 . Bnp posted 30 plus increase for both businesses. Shares up by two thirds of one percent. Today, how much scope for a rally do we have in assets. Emmanuel wins the french president ial election on sunday . Look at what options data is us. Ing the one month implies volatility euro drops. Thats the blue line. Than 20 during the first round. Of lowthe sign protection against currency. Volatility ahead of the vote. That is the blue line. Keep an eye on that shot tomorrow. Is another interesting shot ahead of the big political e
Announcer this is nightly Business Report with tyler math make no mistake, this is a repeal and a replace of obamacare. Make no mistake about it. An historic vote. The house passes a bill to replace the Affordable Care act. Who wins, who loses, and what happens next. Commodity crush. Oil prices plunge. Gold hits a sixweek low. Is this the weak link in the market rally . Second life. Why boeings soupedup super hornet is gaining renewed attention in washington. This is nightly Business Report for thursday, may 4th. Good evening, everyone, and welcome. The gop cheered, the democrats jeered, when the republicancontrolled house of representatives passed a new version of its health care bill, overhauling, some would say scrapping the Affordable Care act and fulfilling a Major Campaign promise of the gop and President Trump. The margin of victory was slim but it was enough and it caps weeks of negotiations following the failure of an earlier gop version. In a nutshell, the bill eliminates the
Theres an me in team. Always has been. Well, im happy to be here. Youre fired up. If youre up at 4 00 a. M. , you might as well get fired up. Why not. If you put in that what time did the alarm go off . 4 05. So you im a 3 handle. Me, too. You say you can do this. You did it once. Try five out of five. I can barely do this. 52 out of 52. Youre a stud. I say it all the time. We have a big market day. Good to have you here. A check of u. S. Equity futures. This is what weve been matching all morning long. This could be the biggest move in the markets. About a half percent move or so. This would be on the s p 500. That would be the biggest oneday move. Weve been 0. 3. The dow looking to lose 100 points at the open. The nasdaq looking to lose 24 points at the open. The volatility index is surging this morning. Thats an interesting turn of events. Up by 11. 25 , almost 12 at this moment. Action in asia, big development. Here is long eem is snapping a sevenday advance. The nikkei finishing l
One china policy should be tied to trade. Prices, this Historic Deal to cut output. Oil jumping over 4 . Jumping to the highest since july 2015. Saudi arabia signaling it is ready to cut output more than agreed, while a nonopec countries including russia agreeing to pump less. Sophie we will have more about that deal in a bit, 30 minutes away from the open in china and hong kong. Singapore, taiwan, and malaysia coming online. What is going on in the oil patch . Game inhere is only one town, and it is demolishing every other safe haven. Gold retreating, bonds falling, all on the account of renewed Risk Appetite after the meeting between opec and nonopec members. Saudi arabias surprising the markets, saying it is willing to cut more than pledged. Russia and other noncartel members coming on board as well. Stocks, oil Energy Stocks leading the gains. Energyheavy markets like a straight up, the nikkei 225 getting that double boost, oil majors leading gains, but the impact of a weaker yen,