We are at one dollar. 099 1. 099 dollar. There are your numbers. Manufacturing in france falling. As a price contraction. Euro off by 1 . Today is all about commodities. Copper lower. Goldman sachs says it has further to go. Oil, a little bit of a rebound. We are seeing it continue to decline, up by 4. 2 . Lets get back to how the you how the euro is responding. Continually lower, contraction for pmi is a surprise. Lets take on some of the equities. We did get a number of earnings. Terrible profit numbers. We expecting jump in air france and Anglo American. 4 on error finance on air france. Better than anticipated. Theyre having to reduce their cost, because they have been hit so hard. Desperate to take on the discounters in the area. Desperate to take on the likes of the longhaul emirates and the likes. How did a tackle it . They like the fact that there would be trying for more cost cuts. Anglo american, up by 30 . Were seeing the dividend cap where it was. Dividend cap where it was.
Commodities because we are sub 40. It could spell pain to some of the big Mining Companies. What is your breakeven point. They say the breakeven point is 40, for others it is 44. Bhp at 29. That is why they are able to continue. The question here is sam walsh once said at the start of the year that it was fantasyland if it ever made it to 30. Anna lets bring another boy voice into the conversation. Great to see you. Another sign of pain for the mining sector. It has been ongoing for a number of years. You have a dynamic in a large part of the commodity sector. Big, you have the two players who are still quite comfortable. They are not happy, but they are aware that their competitors cannot live down here and potentially at some point they will enable be able to pick them off and a live to fight another day. Manus lets get up to speed now with your first word news. In importsas slump extended to a record 13 months in november and exports fell for a fifth straight month. The import slowd
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
But waiting for further guidance from the saudi kingdom on what they want the u. S. To do next. Lets begin in detroit with the latest on the strike against gm. Tens of thousands of workers, business and politics reporter vanessa is there. What are Union Workers demanding and will they get it . Well, that is the Million Dollar question. Theyve been here striking since midnight. Almost 50,000 across the country, 31 factories in nine different states. If you take a look just behind me, at this plant here in detroit, this line has been really happening since about midnight. Now gm is saying that they have offered a very fair and strong contract, but the uaw saying it does not go far enough. They Want Better Health benefits, they want more protected rights for temporary workers and also want better starting salaries for their workers. Now we spoke to one woman earlier this morning who talked about what it was like to work in a gm plant and also why she is out here striking today. Blood, swe
The woman who has headed Autism Nova Scotia for the past 16 years is taking on a senior role in the Department of Community Services. Cynthia Carroll is hoping her experience and expertise in the non-profit sector will be an asset in her new job as associate deputy minister.