The First Quarter. Profits down at yahoo but the numbers beat the street thanks to a great performance by alibaba. And russia warns ukraine it stands on the brink of civil war after kiev launches military operations to try to win background from the separatists. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and a warm welcome to todays edition of Worldwide Exchange. There is a huge amount to get through in todays show, an awful lot to talk about. Coming up, could the mobile phone as you know it soon be ancient history . Googles planning a modular smartphone that consumers can customize with various hardware features. Well take a look at that. Bank of america set to report numbers from the bell today. Find out why this is a top stock pick. And a fatal ferry industry. Well be in seoul later in the show. First, asian stocks are up. First quarter gdp came in at 7 another 4 , thats down 7. 7 from last quarter of last year. Lets get a breakdown of
Dependent. Whats the appetite . Just over an hour to go until we get the results of the ecbs first auction. With expectations that banks will take up around 150 billion euros in loans. Investors cheer plans to float its plastic business, allowing the german drugmaker to focus on its crop sooiz unit. Thumbs up, shares of solar surge to the top of the stoxx 600 on reports that rand is eyeing a merger with the industrial group. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. The central bank reassuring markets that rates will continue to stay near historic lows. The fed kept the phrase for a considerable time in its post meeting statement. Janet yellen noted the forecast hasnt changed much since their last meeting in june. There is no mechanical term of interpretation of what the term considerable time means. As ive said repeatedly, the decisions that the Committee Makes about what is the appropriate time to begin to raise its target for the
Retailer is struggliing as he says he cannot promise that things will get better. And big discounter offers stock at 21 euros per share. Good morning or good evening if youre in asia. We kick off with another set of data before the ecbs meeting tomorrow. Its the final pmis for may, final services pmi 53. 2. Its a tick down from the flash of 53. 5. It is still nevertheless the highest since june 2011. And it is higher. Aprils was 52. 1. The final composite pmi has come in at 53. 5, a tick down from 53. 9 which is the flash april 54. We did see of course the french number coming down just a little bit as well. The german private sector growing for the 13th straight month in may. Well break down that but of course another key bit of data ahead of the ecbs meeting tomorrow. Theyre widely expected to take action. How much, of course, is still to be decided as they will come back, euro dollar around the 1. 36 mark we were yesterday. Before that, though, lets talk about the g8. What was suppo
Friday, april 18th, 2014. Today. Rockefeller plaza. And good morning, everyone. Im Savannah Guthrie alongside carson daly, Natalie Morales, dylan dreyer. What a terrifying situation at the top of the world on mt. Guys were preparing for the killed. Others were missing. Nbc news was on the mountain at the time. Were going to talk to them in it was only moments after that avalanche that rescuers the slopes of mt. Everest early two are in critical condition. Hours to deliver supplies for the upcoming busy season in early may when climbing camps one and two. Camp, preparing to climb the 29,035foot Mountain Peak when tragedy struck. The avalanche hit in an area called popcorn field, just above everest base camp. Rescue operations are still under way, but todays accident 1996 when a snowstorm caused the summit since sir Edmund Hillarys famous climb back in 1953, savannah. Jonathan fierro is a producer with nbcs peacock productions. Ed wardle is a cameraman on everest this morning. Theyve bee
Way today, wednesday, april 16th, 2014. From nbc news, this is today. With matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today on wednesday morning. Im savannah guthrie. Im carson daly alongside Natalie Morales and dylan dreyer. Matt and al are off. Some v. I. P. S joining us in the studio, including some secret service. Its bigger than natalies normal security detail. Weve got Michael Bloomberg here and the second lady of the United States, dr. Jill biden. Both have some news to announce this morning, so well check in with them separately a bit ahead. But we want to get right to our top story, and its breaking news coming out of south korea this morning. Rescuers are scrambling to locate survivors from that ferry disaster amid fears that the death toll could rise drastically. Cnbcs eunice yoon has the latest. Eunice, good morning to you. Reporter good morning, savannah. This could be south koreas worst peacetime disas