English premier league along with a spat with the u. K. , all reports prius president xi jinping could close the u. S. Consulate in showing do. Tension and political Mitch Mcconnell good unveil a gop plan opening up discussions with immigrants. Cost cuts assifies it sees a considerable slump in economic output. Confirms its diagnostics unit. Units from unilever coming from across the wire. What are you seeing . Anna we got the numbers from unilever. Lets get to the story in london. Unilever with underlying sales, down. 3 , but better than the market anticipated. The estimate was for a drop. 3. 89 . That is a good number for the underlying sales story. They were telling us about what they plan for their tea business. They talked about moving it on in some way. Now with a that will hold they will hold on to some of it. They are retaining the tea businesses in india and indonesia and interest in the ready to drink tea joint ventures they have, but they are telling us the operations they w
Welcome to bloomberg daybreak europe. Earnings season, here we go. To this, crossing the bloomberg. It is raising its fullyear 3. 5 to 3. 55ld to euros. That is the headline at the moment. It is also announcing clearance for metadata, so that is that deal that was announced not that long ago and it is announcing clearance for that, so thats another headline coming through and its also reaffirming its revenue target. Those are the numbers coming through. Coming up on bloomberg, the ceo joins us for his first interview of the day. We will get into a lot more details and talk about the industry as well. Do not miss that conversation. Speaking of industry, lets take a look at basf. Third quarter adjusted ebitda, that is the red headline. 1. 1 2 billion euros. Estimate, 1. 06. There was an expectation that in be Third Quarter, basf could hit by slowing industrial demand. That is the story we are getting for other companies in this earnings season as well. Third quarter adjusted ebit is a be
equities jump as china says it will cut tariffs on $75 billion february 14.ts efforts to combat the coronavirus step up. lagarde warns the new outbreak adds a layer of uncertainty. she testifies in brussels today. we take you to that. and donald trump is cleared in his senate impeachment drama. in iowa, no further results are expected today for the democratic caucus as buttigieg and sanders sit and neck. just one hour away from the start of cash equity trading. let s look at the gains we see in trading. they are fairly substantial and we are back to 1% away from all-time highs. look at the dax up .6%. gainingp, ftse futures half. u.s. futures are also up 1% or more, depending on where you look. we are getting german factory orders, as you can see. month over month, the drop was 2.1% we were looking for again in our survey of economists, but factory orders fall again month over month, year-over-year. we are looking at a drop of 8.7% in german factory orders, which is worse tha
Lots of breaking news coming in, we will have numbers from daimler coming in. Let us deal with the swiss drugmaker roche. Thank you. Just a few numbers coming in at the moment. , theymonth sale number have raised the outlook. Rise in a sales concentrate grade if we look at pharma sales cynically, we are looking at billions of francs. We are seeing sales growth in the middigit single range, we are waiting for more of these headlines to come through. This is the swiss drugmaker of course that is actually the worlds biggest maker of cancer drugs trade i. It is really trying to count on new products to try and offset generic competition for some of its aging cancer blockbusters. We will see if more comes out, but right now ninemonth sales coming at 35. 5 billion francs. Anna later this morning we will be speaking to the roche ceo, the first interview of the day. Deliveringe action on targets. That is something you need to Pay Attention to. I would say the details in a moment. Also out with
Future of orange as it closes in on its ee deal. Vodafone reports Third Quarter results in the next hour. Mark welcome to countdown. Anna coming up, bill gates reduces his stake in truck microsoft to 3 as against 1. 5 billion of stock to his foundation. Mark frances biggest banks earnings for the previous quarter. Net income rising to 1. 3 billion euros from 110 Million Euros per year. That is when the bank set aside money for legal costs. That 1. 3 billion euro figure just below the 1. 4 billion average that analysts conveyed. Escalating levees on europes biggest banks will dent 2016 that income by 500 Million Euros. That will endanger the profitability target once more. The economic recovery is winker weaker than the bank had foreseen and Interest Rates are lower. On the dividend front, bnp will pay 1. 5 euros per share for 2014. That is unchanged. It did maintain the payout even though annual net income fell by 97 . It is the lowest since the bank was created by a merger in 2000. Bn