Worst Fourth Quarter since 2009. It is about changing the product. That is where the underwhelming side of these numbers comes in. The other two key names in the stable absolutely storming ahead. It is a company in transition. They are getting rid of the retail part of the business. We saw the numbers from the sports business yesterday. They have been trying to restructure that for years. That is also a company that has to transform. The numbers can turn it around. You are looking at Sales Numbers with a rise of around 19 . There is no doubt about it. The market will focus on the gucci. Ultimately, the leave upon turns around more quickly. You have to try to position yourself. Kering, the Company Formerly known as ppr down. David, what is the latest in ukraine . The presidency has said that it will sign an agreement around two hours time which will put this crisis to an end. There is a little bit of confusion out there. The French Foreign minister, also the polish foreign minister both
Also coming up, we will get reports that the drink maker could soon be a target of a takeover bid. Lets talk about the big story of the day. It is the United States read it is the first friday of the month. The markets and the fed are watching for signs that the economy is recovering. We will hear from Nouriel Roubini and what he has to say on u. S. Jobs shortly. He has been speaking to us from in anores of lake cuomo exclusive interview. But first manus cranny joins us to look ahead to the data. The weather has been a big factor. Over here, we have been blaming easter. Over there, we have been blaming the weather. A strong number is priced in. The 10 most accurate forecasters that we survey at bloomberg say 215,00. The adp number yesterday, services above the level. People are buying cars. How much of this good news is already priced in to the markets . It depends what evidence you want to look at. Bmw, toys r us a bit slow to hire people. Financial services under pressure. It is reco
Companies. They are based in austin and virginia. Talkingught tom was about priceline. He refuses to take a vacation. John kerry is not taking a vacation. He is the worlds busiest man right now. Mobilebout to have for Telecom Operators in the United States. One is becoming the new ceo of sprint. Not buying tmobile. In sydney. Y kerry, lets get a data check for you. Esocks, bonds, commoditi bouncing around. Oil is amazingly resilient. We will talk about that. On to the vix i would guess it would be above 16. Most of you show pretty resilient markets to end the week. There is the dow. Nicely under 17,000. Recapitulate, at 79. What an interesting weekend of international relations. Here are the newspapers. Chaos in iraq. Another political crisis. Maliki has now sent troops into the green zone. He has troops deployed. Call. Restisting the it is a hunk of baghdad. Be used to call it the seed of the empire. There was a subway and american contracts. It is the most westernized it is where the
At the moment we hit 1. 40 on friday. The climate index, 110. 6, so a little better than the forecast 110. We have seen the dollar weaker against the yen, but the euro seems to become more of a safehaven currency than the dollar over the last week or so. So plenty more to come on that. Joining us with his views, chris watley, good morning to you. Nice to see you. Good morning. The Germany Economy is chugging along rather nicely. The question is how much of a benefit it is to the rest of the eurozone. Europe is in a clear recovery phase. Thats been ongoing for 12 to 18 months. We have seen terrific flows over the last 12plus months into the equity market. The question now is whether you can start creating credit in europe. That is the last piece of the growth puzzle that were waiting to see, which we think may come this year as we see the credit expansion. Are you concerned about france or not . Pmi was slightly better than we thought. Yeah. Its the one that hasnt really embraced struct
Optimistic about the european environment in europe, the emerging economies are still pretty strong. There is Economic Growth. The ukrainian Prime Minister resigns as the parliament opens an extraordinary session. But u. S. And european leaders urge kiev not to declare a state of emergency. Plus, apple loses its shine. First Quarter Results top forecasts, but iphone sales and the companys Second Quarter outlook are quite a long ways short of analyst expectations. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And a warm welcome to you. Plenty more to come on those stories a little bit later. Jules is in brussels. Jules, whats coming up then today . Morning, ross. As you quite rightly said, ive been talking to some of the heads of the business boys here in europe. We spoke to the cbk, we spoke to the french medev to see what businesses can do to hire and invest. Later in the show, im going to be talking to the head of the bdi in germany to