Fight against the virus. Netflix plunges in extended trading on disappointing subscriber forecast. They announced the chief content advisor will become joint ceo. This is bloomberg daybreak europe. Getting some numbers from in aton, net sales coming 55. 6 billion swedish kroner. A little bit of a beat there. Operating profit numbers also 4. 5 billiongh, swedish kroner, i had of the estimate of 3. 22. They had to take provisioning in china was a question analysts were asking, and what impact that would have on their margin. The ongoing conversation about 5g and the travails of huawei, how much is that impacting the ericsson business model. Some of the market moves we had seen overnight, stock specifics in corporate reporting. Plenty more of that coming. This is what we have on the data, euro stoxx 50 futures higher. S p futures higher but not by much. The Asian Session has been mixed. Nasdaq futures also higher, despite the disappointment of netflix. , we have had the ecb meeting, but n
this is bbc news. the headlines: the first picture of king charles since his cancer diagnosis. the king and queen camilla seen here leaving clarence house. he has now started his treatment. prince harry has arrived back in the uk from california to see his father. in other news, a us appeals court has ruled that donald trump doesn t have immunity from charges that he plotted to overturn his 2020 election defeat. and we are here from michael] fox, who opens up about his parkinson s diagnosis ahead of a new documentary about his life. time for a look at the business news now with ben thompson. in the last few hours, the european commission has proposed new ambitous climate targets. it wants the eu to slash greenhouse gas emissions by 90% compared to 1990 levels by the year 2040. the eu s climate commissioner called for a fair transition that will allow eu businesses to thrive, and emphasises the urgency with which countries needed to act. we have just lived through the hotte
since he took over from bernard looney, who was forced out after a scandal over workplace relationships. bp s share price has languished while rivals such as exxonmobil have soared some investors are uneasy about its huge and costly investments in green technology. some analysts say it is a potential takeover target. earlier i spoke to cornelia meyer, ceo of meyer resources an energy consultancy. she was a former senior executive at bp. you are damned if you do and you re damned if you don t. some investors would preferfor bp to do more on the green agenda and others, you know, sort of more activist investors who are after the quick short term return, favour the fossil fuel the hydrocarbons strategy. and i think bp is trying to walk a middle way and they have to straddle that middle way. your next story is about the net zero targets of europe. and bp is in europe. it has big operations in europe. it s ftse listed, so it has to deal with european and uk regulators, which m
rates are expected to rise from 4.25% to 4.5% as the bank of england tries to rein in soaring inflation. inflation is still running at over 10% and at a as year high, largely driven by soaring food and energy prices. the bank rate is already at its highest level for m years, and further increases will pile more pain onto borrowers, particularly homeowners through higher mortgage rates. let s look ahead now with azad zangana, senior european economist & strategist, schroders. this deal we will get in half an hour but it feels done and are priced n. it hour but it feels done and are riced n. , hour but it feels done and are priced n- hour but it feels done and are ricedn. ,, , . ,. priced n. it is pretty much expected end has been priced n. it is pretty much expected end has been flagged priced n. it is pretty much expected end has been flagged for priced n. it is pretty much expected end has been flagged for some - priced n. it is pretty much expected | end has been fla
Her assault weapons ban was passed. Senator, i know something about what firearms condition after the ban sunset in 2004 feinstein repeatedly tried to get another assault weapons ban passed. But as congress became more polarized, she failed to win support. It exempts 2000, 271 weapons. Is this ad ucfs for the people in the United States that will moderate democrat feinstein championed in offshore Oil Drilling Ban after the bp oil spill in 2010. Were here to announce this band that would permanently ban all new offshore oil drilling in federal waters all along. The west coast, she was also behind the california desert protection act, which among other things designated death valley and joshua tree as National Parks, though, few by some as a late convert to support same marriage. She spoke in favor repealing the defense of marriage act in 2011. You know, have a bill that strikes doma that says if aa state takes action to legalize same marriage, then that is a valid marriage. And the fede