Isis. British lawmakers look set to vote in favor of joining u. S. Led air strikes against islamic targets in iraq. Announcer youre watching Worldwide Exchange, bringing you you Business News from around the globe. Hello, everyone. Im seema mody. The ryder cup is under way. We get into the swing of the tournament with our very own europe versus u. S. Competition. Blackberry earnings before the bell, we speak to one analyst with a whole recommendation on the stock. You about is the hand setmaker due for an upgrade . And as the indian Prime Minister touched down in new york city, we ask if this visit will open a new era of relations between washington and new dehli. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. You dont want to miss our ryder cup ball at 9 30, but move important than that, i must admit, is the markets. This week, very much in the red and now in the red for september, as well. Yeah. But were going into october. Rbc put out
Stronger than expected set of results. This is a reminder for us that we really came in with a income of 195 million euro and for the first time can intend to pay a dividend to our shareholders. Banks are quoting catastrophic risk. According to a Senate Report which says Goldman Sachs, jpmorgan and Morgan Stanley manipulated prices. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Welcome to the show. The eurozone numbers just came in at 50. 4 for november. It was expected at 50. 8. The previous reading was 50. 6. The composite number came out at 51. 4 had. It was expected at 52. 2. The previous reading was 52. 1. And we should point out that the eurozone purchasing manager index for services came in at 52. 3. That was in line with expectations. Expectation was 52. 3. Lower than expected pmi data come out, but the Services Number coming in with expectations. Euro dollar, down 0. 25 on the day. It was a little bit off the french reading, fel
Bouncing back from profit warnings saying it will cut spending and step up asset sales this year. Spains economic continues to pick up the pace. Good news in germany where the jobless numbers fall faster than expected. And hanging up on hand sets, google gets out of the business of making smartphones, selling its money, using the motorola unit to lenovo for nearly 3 billion. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A very good morning to you. We concluded the feds last meeting. Ben bernanke as expected was a 10 billion taper once again. And not a huge amount of deception from the fomc. Equities following asia and the u. S. Lower, the dow down 189 points. Down to lows we havent seen since november 7th. The s p down to december 9th lows. Its a huge number of individual stocks to look at. How does that translate into the indices . The ftse 100 was down some 28 points. Its down another 28 points today. Xetra dax off 0. 4 . The cac 40 of
Theres strong ad revenue. And byebye bernanke, the fed chairman checks in for his last fed work as his tenure comes to an end. Janet yellen will be sworn in on monday. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. We saw plenty coming up on todays show. Consumer goods lexolux misses demand in the Fourth Quarter. Were going to be speaking to the ceo first on cnbc in about an hours time. Meantime, amazon disappoint onned with earnings. We asked the online retailer if it can turn around. Meantime, more evidence of japan moving away from deflation. Were speak abenomics in around 30 minutes. And sports fans are gearing up to super bowl sunday this weekend. And the game is being held this weekend in an open air stadium in a very cold weather centre. We hear from one Football Player and see how he thinks players and fans will cope. This is how markets are shaping up. Theres been quite a bit of selling on the market today. The cac has been tryin
To keep the lid on growth. European markets get a lift from the latest European Market data showing the private sector has expanded for the First Time Since april and signaling europe could avoid a recession in q4. And japans Business Sentiment sours in the Fourth Quarter. This reading comes two days before a nationwide vote that suggests it will hand the ldp position a landslide win. Were going to give you all the latest results from the flash december data for the pmi for the eurozone that were just getting out. The overall, the deposit is a touch stronger for the month of december. The details show the manufacturing weakened slightly and its services strengthened slightly. They are overall still in negative territory. And were seeing the euro dollar respond a little bit to the downside. Down about 0. 01 trying to fight back into flat on the day. 130. 75 is the level there. Again, the services pmi is at 47. 8. Compared with the 47 that was expected. Its a fivemonth high. The manufact