Market. Lenltds are a go. Airbus on hier plane deliveries. Booking a charge related to its military program. Good morning, everyone. Thank goodness, its friday. Lets get straight to Economic Data points. We just got the italian june unemployment numbers. It has jumped up to 12. 7 from 12. 5 in may. Another rise. A look at youth unemployment. Thats been worrying over the last couple of year as were just emerging out of the midst of the eurozone debt crisis. Even if the Italian Economy is recovering, were not seeing that through to the labor markets. The overall jobless rate, 12. 7 . Were expecting the euro zone jobless rate. That should hold steady at just over 11 . Lets go back to earnings. Frances biggest lender by ses t asse assets, bnp paribas. Lets get out to stephane who has been speaking to the cfo. The bank posted much stronger than expected earnings in the Second Quarter. A loss of 4 billion euros last year when the bang had to pay a settlement to the u. S. Department of justic
Spain. Another Significant Development in spain. Spains Constitutional Court has suspended an upcoming session of Catalan Parliament. This is designed to stop a planned declaration of independence. The court says that would be a breach of the constitution. Bear in mind, the same court said the referendum would breach the constitution and the organisers went ahead anyway. Were also seeing signs the fallout is impacting the economy. Spains fifth biggest Bank Sabadell will shift its registered domicile away from catalonia, a Company Spokesman said thursday, after threats by the regions leaders to declare independence. The catalan minister for external relations has spoken to the bbc in the last hour or so. This is what he said. That is a new attempt from the Constitutional Court, which is by the weight very politicised body, it is not newco, to impede the normal voting of the catalan institutions. It isa voting of the catalan institutions. It is a new attempt to take control of the Catala
You what that means for your favorite reasoning and the freeze art fair in london is offering the latest contemporary pieces to our boss and buyers. This is do you have your business on. Companies are starting to move out of catalonia as the regions leaders say they will declare independence over the coming days spains fourth biggest bank banco it is somebody else said it will move its headquarters out of the region the countrys leading retail bank bank is set to decide on friday if it wants to change its legal basis based both banks fear of cattle and the clarion of independents could see them kicked out of the euro zone and out of the jurisdiction of the European Central bank and its not only spanish corporations that are thinking about. Protesters on the streets of catalonia are confident theyre doing the right thing for their region many think the spanish economy is propped up by catalonia that theyre the ones driving it and attracting foreign investors. There are one thousand thre
They will probably already promised to do seems to me pretty commonsensical thing to go for and in practical terms do you think this award for i can well boost to now or give new impetus to these efforts internationally to achieve a nuclear ban yes i do think so i dont know that this will be the thing which finally generates success for that for them and fought for their campaign but i think it must push the conversation forward and give it more profile you know after all when is it that the first item on news reports around the world has been discussing the proposition to create a Nuclear Free World so that no its already achieving that effect of greater coverage and greater consciousness. Dan smith a director of the Stockholm International Peace Research institute thank you very much for joining us thank you my pleasure. Well on social media lots of reactions to the announcement already a director general with the European Commission stefano months or v. C. Writes congratulations i c
Under way before the uks General Election. We will have all the details. 100,000 hotel rooms and 20 million visitors. Dubai sets its sights high as it prepares for the 2020 world expo. Well get the inside track from the hotelier hoping to cash in on the Building Boom. So luxury hotelsment we want to know whats the best perk you got from a hotel. Keep it clean. Let us know. Just use the hashtag bbcbizlive. I dread to think what people will send after that comment from sally. There is just one day to go until voters here in the uk head to the polls for the General Election. Its the Second National poll in two years after the referendum on eu membership. In light of recent terror attacks, security been a key issue on the campaign trail, but the economy will be a key factor that influences how people vote. And that could be determined by brexit. Minimising disruption to the economy is one of the most divisive issues between the governing conservatives and the opposition labour party. Since