Slower Consumer Spending early in the year. Not affecting stocks at the moment as we see the dow with little change and the s p and nasdaq gaining at the moment. Lets look at individual stocks. I wanted to look at amazon and what we have seen so far this year. Shares were up about 9 today were up to date and 9 year to date and they are expected to close at a record depending on gains. Amazon is going to be raising its amazon prime fee but only for monthly customers. Most are annual, but the monthly fee is going up to 12. 99 from 10. 99, but they have been a on a good run so far 2018. Mark carney season continues to ramp are earning season continues to ramp up. Ibm coming out with increasing sales for the first time in six by as muchit is not as cloud computing, said those shares are down. American express spending more for its customers. In other words, getting more and rewards. Those costs are going up. Jeff campbell says renewing its aret deals were going going to crimp money this ye
5. 2 trillion in worldwide markets. Amundi some analysts worry is too conservative. We are in this period where we dont know who will be the faster or the question of overvaluation. The u. S. Government shuts down briefly but the Senate Passes the budget deal after a midnight deadline raising hope that a full agreement will be in place before most americans wake up good morning its friday, tgif. We had another weak session in the u. S. Yesterday dow jones was down about 4 . The hand over from asia was not that pretty either we saw the nikkei down 2. 3 down overnight. We saw weak performance in chinese stocks, down about 4 . Some of that is due to liquidity being squeezed into the Lunar New Year the picture for europe, we started off quite weak, but since then european stocks have been trying to make a comeback clawing back towards the zero line stoxx 600 is down about 0. 2 lets look at individual bourses. Yesterday we had big moves in the dax. It was down 2. 5 in yesterdays trading. It
Trading, they are all headed higher for now. We will talk you through the winners and losers. Savile row is world renowned for its razor sharp suits and classic style. But in a world of fast fashion how do the traditional firms stay relevant . Well meet one man on a mission to do just that. And, as ubers boss says flying cabs will be commercially viable in five to ten years, we want to know would you hail a flying taxi . Let us know use the hashtag bbcbizlive. Hello and welcome to business live. As usual, it is jam packed. Lets get cracking. Europes biggest bank hsbc has reported a big jump in profits for last year. But its mainly because its been able to shake off the huge costs the company has faced in restructuring after a string of problems. It means there will be a strong base to build on when the new chief executive john flint takes the reigns from stuart guillver on wednesday. Tomorrow. The numbers show that hsbc made a pre tax profit of 17. 2 billion for the calendar year of 20
Its stillness estimates. The Sales Forecast came up short as well. They were planning on selling a lot. Sales of the new apple watch were less than what analysts had estimated. Ceo tim cook says the company is pleased. Tim cook sales of the watch exceeded our expectation despite supply still trailing demand at the end of the quarter. To give you additional insight through the end of the quarter the apple one sold higher than the comparable launch times of the original iphone or the original ipad. 73 of old iphone users have not upgraded to the latest device. Plus, more than double, more than apple coming up in a few moments. Olivia boeings cash flow is surging thanks to the 787. Earnings beat analyst estimates. They lowered their forecast for the year. Also out beating earnings estimates. Increasing prices and cutting expenses. It is a nice combo. The price hikes helped offset falling sales in the u. S. And stagnant demand overseas. At ts proposed takeover of directv has cleared a hurd
This week that Northern Rock, the bank headquartered here in newcastle, collapsed and caused chaos for the Financial System so ive come back to find out what difference it made to our lives. In sport roys return. Hodgson looks set to return to football management with Crystal Palace, fifteen months after resigning from the england job. This is the second time and you get the sense, im sweating and quite uncomfortable, to be brutally honest. Theyre the fighter jets at the forefront of the battle against so called islamic state, but piloting a typhoon is no mean feat, as our defence correspondent has been finding out. And he tries to hold on to his brea kfast. And he tries to hold on to his breakfast. It looks amazing. Compared to yesterday, a little bit drier brighter and a bit warmer. But there is something wet and much windier on the way tonight. All the details 15 minutes. First our main story. One of the governments key pieces of legislation on brexit has won its first vote in the c