Provide new for the quarter. Hsbc says 35,000 jobs will go after full profit misses expectations falling 33 italy sampalo getting rolling. Sending shares in the smaller rival up over 20 . The European Competition commissioner tells cnbc she had constructive talks with Mark Zuckerberg there is a change in tone a lot realize there is change needed not in detail. I think that is left for us. Good morning, everyone our number one top story today is about apple apple shares are sinking in frankfurt after the tech titan made a shart warning it does not expect to meet quarterly expectations the supply of iphones will be temporarily limited worldwide. Apple forecasted record revenues it has failed to provide a new revenue forecast, however. Shares in apple suppliers are sharply lower off the back of the downgraded guidance. You can see down almost 5 on the news big ripple effects were seen here you can see the broader complex down 3 to 5 this morning huge knock off effects having an impact let
What will macron deliver on brexit . Really enominated derivatives from london postbrexit, but can chicago come out the winner . Interesting question, guy, one we will talk about today. I will put that to Wolfgang Schaeuble a little later this afternoon. Stocks,f, a look at futures, gains across the board after drops yesterday. Then a look at ones. Investors selling off the german debt. Only to a lowlevel. The zero. 253 is what we are looking at. At theump in the yield beginning of the session this morning, about a half hour ago. Now, that yield has come down to almost unchanged. On your screen, it is showing as unchanged because it only goes two decimal places. 0. 253 in the german bund trade right now as investors look to get more risk in their portfolios this morning. Guy matt always taking the extra step. Lets talk about the gmm and walk you around the world. Energy stocks have done well in asia overnight. You are seeing this tech story fading and little. Intow a big selloff friday
To leave the uk. We believe that we offer opportunities in that area. The ceo of novartis strikes a bullish tone undwith healthca under president elect trump. This president elect is about creating jobs in the u. S. , this is a place we can build and grow. Some policies that could reignite the economy in the u. S. Would be good for this industry. The boss of Deutsche Borse seems optimistic that they will get the green light from regulators soon after the exchanges biggest shareholder throws its weight behind the tieup. We are right now in the middle of the brussels deliberations. Its a strong sort of competition analysis. Everyone who is approving or not this transaction wants to look at the facts. They want to wait until the outcome of brussels is secure. And will donald trump usher in a new era of protectionism . We will talk about the globalization backlash with the director general of the world trade organization. We have a jammed packed show once again today. First, reaction from
He was 86, and was suffering from a long illness. The labour leader, jeremy corbyn, called him constant friend. Now lets crossover live to singapore. Nokia goes back to the future. We will have the latest on the new designs from the phone maker. Will be new handset their success . And if the stress in yourjob is getting over your head, with a Fitness Session make you more productive, or are companies wasting their money . Would a Fitness Session. Hello and welcome to Asia Business report. Iam sharanjit and welcome to Asia Business report. I am sharanjit leyl. Nokia has reinvented its 3310 handset which was very popular 15 years ago. This is what it looks like now. It promises to be a simple phone with a battery that will last a week. With limited access to the internet, will anyone actually be interested . The new model was unveiled at the mobile World Congress in barcelona, and our Technology Correspondent is there. Barcelona, and as the Mobile Phone Industry arise for its annual jamb
Withdrawal, india will reveal how much growth has stalled since its controversial demonetisation programme. Sg connectivity what is its True Potential . Rory cellanjones has been finding out at the mobile World Congress in barcelona. Welcome to World Business report. Im sally bundock. In a minute well hear more about a tie up between two huge government backed companies. But first, could india become the engine which drives the Global Economy . The worlds second most populated country has attracted the attention of companies and governments, all keen to make the most of the opportunities. In a few hours well find out exactly how fast the economy is growing as india gives us their first gdp reading since novembers radical demonetisation experiment. Investors will be comparing it to the 7. 3 growth seen in the three months from july to september last year, but economists dont expect the figure to be so high this time around. And thats mainly due to the governments surprise move on Novemb