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
All right. Were back. Hello, welcome to Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Heavy metal profits brings the first u. S. Company out of the gate with earnings season. But results will continue to be pressured by weak demand. Samsung electronics operates a fifth straight quarter, but sales flip. And government is on track for the austerity measures as Angela Merkel gives up for election. And aig just finished off paying off its massive bailout, but the company is now weighing on whether to sue the u. S. Government over that very rescue. Now 2013. Its been so long. How long has it been . Months. Better make the most of it, though. Two days. Yeah. Two days. Then its onward. Anyway, look, were here. I still dont know what time zone and country im in. There was snow, right . There was. It was beautiful. On todays show, we hone in on samsung in seoul. Im all frufterred because youre back. The electronic giant will expand its
Hello. Welcome to todays,. Im ross westgate. And im kelly evans. Asias main market shut for the Chinese New Year and large parts of the u. S. Struggling with extreme weather. Digging out from nemo, residents and u. S. Businesses hope to resume to normal business after Mother Nature dumped nearly three feet of snow in some areas. And ben afflecks iran hostage drama argo picks up the best film accolade. Daniel daylewis wins best actor. Were up for another week. We might do what they did and share the love around. I read the reports. Were going to talk about it later. There was no one dominant film. I thought it was interesting that argo won best picture . It was a great movie, but best movie . Really . Is that the lincoln only got sometimes theyre quite clued up. The nominations were very similar. Do you think lincoln would do better than it did. Daniel daylewis picked up an award. Help recap for those of us who didnt catch the whole thing or any of it, frankly, but yeah, britains big fi
Pound impairment charge. And chinese backtrack continues to pick up in october. The pmi data shows smaller manufacturers may be struggling to keep pace. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. All right. A warm welcome to todays edition of worldwide exchange. If you just joined us in the states, as well, welcome to the start of your global draid trading day. The ftse down 46 points. A lot of focus in rbs will come on to that. Right now, down 0. 1 . The xetra dax is currently down 0. 2 . And here in france, the cac 40 is down 0. 3 . Were focused on renault shares taking a hit on news from its japanese partner nissan. And so renault down 3. 7 . Nissan, down after the auto giant reported earnings and cut its profit outlook for the year by 20 . Nissan was expected to report its Second Quarter numbers tuesday, but moved the announcement forward. You can see nissan says down 2 . Our tokyo bureau chief karen geogi has been in japan at the
Business. Chinas central bank promises to watch for inflation after the premier league sounds a hawkish warning. And initiating countdown sequence, india just minutes away from launching asias First Space Mission to mars, heating up a new global space race. All right. A warm welcome. Were into the twohour Worldwide Exchange again after the u. S. Changed their clocks over the weekend. Now, a lot of earnings out today. Details out in a minute. Nissan shares taking a big fall in japan today. The automaker cutting its profits down by 20 because of weak sales in asia. Well get the details in around 10 minutes. Helia is in london for a first on cnbc interview with the owner of Imperial Tobacco. Well get more at 10 20 cet. And in new york, the yearlong mayoral race draws to a close as voters head to the polls today. About frontrunner bill deblasio score a victory or is a lastminute upset on the cards . Plus, well speak to the italian finance minister about his vision for the future of europe.