France Business Leaders get together to push a positive message of the economy ful. Quotes welcome to countdown everybody. 6 00 here in london. Speak to newsmakers from bmw would car world, cars as easy as a oneway bike trip. Is a big day for fiat. The king ofting spain. The European Central Bank Governor refrained from quantitative easing in the eurozone but pledged to reassess the situation early in the new year. With inflation at a fiveyear , will action come too late . Here is what he had to say. Maybe they will start doing qe, but it will be too little, too late. , i think this would be over two years. They also have the right fiscal policy because qe works in the u. S. And u. K. Because we have monetary stimulus and you have backloaded fiscal consolidation. , they call the slowdown, started doing fiscal tax increase. You need to have fiscal stimulus in the eurozone. This will not be enough, you have to have demand. This will come too little too late. Today is at dartmouth profess
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
Have received 50 more pay. And the widely anticipated movie 50 shades of grey hitting the silver screen. Already breaking Box Office Records in europe. Could have a big valentines day weekend. Universal is part of the comcast family. In the meantime lets go to michelle with a check on the markets at this hour. Yeah lets take a look at the u. S. Futures following yesterdays 100 point gain on the dow and the nasdaq at a 15 year high. Strength in europe feeding into the u. S. The numbers suggest the dow would open higher by 33 points we want to bring your attention to the european markets. Theyre on track to end this volatile week on seven year highs. The german dax crossing the 11,000 mark after germany gdp numbers came in higher than expected. Greece however weaker than expected. Well talk more about that later. Shares of conagra tanking citing a strong dollar and weak sales. They are also appointing former chief Sean Connolly as the new ceo ceo. Kraft is switching up the ranks. Its cfo
Of the last 12 sessions. Were keeping an eye on oil. You saw that a moment ago on power lunch down to 48. 80. Its been the worst performing sector on wall street so far today, kelly. Meanwhile, huge news. The fcc voting to regulate the internet like a public utility. Well hear about the opposing views on this controversial ruling. Plus, a big lineup from d. C. Alan greenspan and sheila bair and Richard Trumka. Well get you caught up on the dow. Its down and s p is down 9 and theres the nasdaq. Yesterday, the first minus sign that weve seen in a couple of weeks but up three points. Joining me at the New York Stock Exchange kathy jones from charles schwab. We have Heather Hughes and jim lowell is with us today without a bowtie i dont recognize you. Doug gordon and welcome back Rick Santelli there in chicago. Ill start with you, mr. Market. While you were gone we had the testimony from janet yellen the yields continued lower, oil continued lower. What is the market telling you as you come
Despite a truce being in place. And a hong kong woman is sent to jail for six years for beating and stabbing her indonesian maid. The case has focused attention on the treatment of some 300,000 foreign domestic staff working in the city. Also coming up this hour, airbus is flying high as demand for its commercial jet soars. We will be hearing from the country companys chief Financial Officer. In the press review, we will take a look at media speculation over how young man from west london went on to become jihadi john. But we begin in berlin, where the German Parliament has overwhelmingly supported to extend Financial Aid to greece by another four months. The extension needs to be ratified by eurozone members. 542 lawmakers voted in favor. It was the biggest majority by far for any eurozone rescue package in the 631seek chamber 631seat chamber. Overwhelming majority of German Parliamentarians voted this morning, just moments ago, in favor of extending the bailout degrees 542 voted in f