You are watching the pulse. I am Francine Lacqua live from the Economic Forum in davos. We have a lan up heavy hitters for you today. We will be speaking to the italian governor for ike of italia, the italian bank and then we talk to the union credit ceo. We also speak to the chairman of audi. We have great panels as well. That is coming up. We will hear from the u. K. Prime minister David Cameron. He will be focusing on the economy and job creation. Well also hear from mark carney. Forward guidance, the buzzword here. Jonathan ferro, very excited about all of this. Hans nichols, was outside partying last night or inside partying. Where was he . This looks like quite a gig. He said it wasnt as much of a gig as it looked like but there are multiple parties. Had something from mckinsey, we have a google party, i am not sure which one that is. We will have to get it from the man himself. He will tell us where the action was on friday. Tonight we also have a party hosted by marissa mayer.
Another profit warning. Details of emerging of a capital shortfall in its irish business. Which is poised to exit its Bailout Program . Is it cause for cheers or concern . The Prime Minister tells cnbc the time is right. Its a great sense of achi e achievement attached what we set out to do almost three years ago now. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello. Welcome to the last Worldwide Exchange of the week. What a week its been. Plenty more, though, to come in the final two hours of the good stuff today. On todays show, an uncle of the north Korean Leader has been executed after being branded worse than a dog in the state media report. Well get the latest from seoul. And will gold finish the year having suffered its biggest slump since 19811. Well take a look at whats taken the shine of the precious metal this year and whether its time for investors to come back or not. Disneys animated film frozen has kicked the hunger gam
Consistent. Weve been talking about dive e diverging indexes for the last couple sessions. Its pretty clear whether youre looking at the Dow Jones Industrial average, which is off about 187 points, off the lows of about 220, still down better than 1 . Same goes for the s p 500 today. The broad market index telling you the same story. Very few components today, bill, in the green. Yeah, the dow was down 233 at the low of the session. Were told that there really is no pressure either way, to the buy or sell side, as we head toward the close. Lets talk about all these red arrows today. Joining us in our closing bell exchange, amy wu, heather hughes, jim lowell, jim oshaunnesy, and our own Rick Santelli standing by in chicago. Heather, youve been one of our resident skeptics about this market. You must be i dont want to say youre pleased about the selloff, but at least it brings you back to a level closer to where you might want to get back in. Hi, bill. Yes, i think theres been all this b
Indonesias political race. But some say its too early to call. 7 billion in the works for citigroup. Investigator look at paying out for mixed mortgages. Coming up on todays show, croatia plays the game of tourism and looks to cash in on the huge success of the series game of thrones. And brazils football coach luis ferarri describes it as the worst day of his life after the National Team suffers an embarrassing 70 defeat. We bring you all the action from brazil. And the u. S. Retailer the Container Store misses that america is now in the midst of a retail funk. Find out what he has to say about shoppers habits later. Sharp losses for the markets in europe, yesterdays trading saw the index in particular down at a sevenmonth low. Were currently switching between making gains and loogz them. The stoxx 600 down 0. 1 right now. Weve now taken out all the years gains, so relatively in change for that. The german dax relatively unchanged today. A bit of movement going on in the italian marke
We are live from bloombergs European Headquarters in london. I am guy johnson. Francine lacqua is off today, back tomorrow. Within the last hour, we have learned that the ukraines Prime Minister has resigned. He is stepping down to help ring protests the street that have paralyzed the country. Lets get the latest from Ryan Chilcote. Emergencyainian session began just a let just a little less than an hour ago. We got this surprise offer of resignation from the prime , who says he wants to try to encourage some kind of peace and reconciliation in ukraine. Immediately after we got that announcement, the broadcast signal for the Ukrainian Parliament was cut. Many questions remain. For example, will he remain in the job as the acting Prime Minister . If his resignation request is not excepted. What if no one takes the job or agrees to fill in for him . Over the weekend, we heard the ukrainian president , that is who many of the protesters would like to see resigned, say that he is prepared