In the stock brexit bounceback. Iag warned on profits just hours after the brexit vote. How are things looking . We hear from this Ceo Willie Walsh in london. Caroline . Manus. E yes, such anticipation building. Steaming hot, 29 degrees is what is expected to get in frankfurt. The question is a buzz. Will we get a change to quantitative easing . A change to amount of bonds they can buy back up notably, weve all got a question on how this rejections will look like from mario draghi . Is there enough risk in the system to push a move right now . Manus youve got it. Is he going to be looking at the conversation that carney had with the parliamentarians yesterday thinking to himself you went hard, fast and early, can i justify that to the germans . Caroline, great morning. Lots more to come from caroline in frankfurt. There is one thing on the markets. Lets get his truck desk lets get across to shery ahn. Lets get across to shery ahn. Shery apple has announced updates to the iphone and a w
Daimler doubles down. Find out why its smart cars are getting bigger. And it sounds like Science Fiction but jets that break apart and reassemble midflight could soon become reality. But first, russian stocks are taking a hit today. Ruble is sliding the u. S. Has imposed new sanctions on companies to punish president putin first up porting rebels in ukraine. Ryan chilcote joins us. What exactly are we seeing . Before werenctions personal, they really targeted individuals in putins inner circle, then these are much broader. They have gone corporate, going after some of russias biggest companies. Rosneft has been sanctioned. Rosneft is not just russias largest oil company, it is the Worlds Largest quickly traded oil company. Bp has got a 20 stake. Its gdrs fell by 5 novatek, russias largest independent gas producer. Shares traded here in london and fell by more than seven percent. Promm which that gaz is the Worlds Largest gas producer that provides europe was not of its gas session. Per
Forecast, hurt by charges for wind turbines. The ceo tells cnbc there are some clouds on the horizon for the german economy. The level of industrialization is very high. But then again, we do see some slowdown and we will for this one. Weakness at europes core ramps up pressure on mario draghi ahead of the Central Bank Meeting while the bank of england looks set to hold steady. And a Strong Performance in the u. S. Market gives astrazeneca sales a shot in the arm as the drug sales raises its full year forecast. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. Lets have a look in in European Markets. As you can see, there is more reds than there is green. The stoxx 600 is down 0. 44 so far in todays trade. Lets look at the individual markets, try and work out why theyre down. Yesterday, European Markets were pretty strong. And why was that . Well, there wasnt any specific data. It was more off the back of positive sentim
Welcome to countdown this friday morning. Happy friday, everybody. Also coming up on the program, if you cannot face the morning commute on a crowded train, join me on a trip that puts you in the lap of luxury. No worries about getting a seat on the service. This is coming up later. Should we talk about tax and luxembourg . ToJeanclaude Juncker seems be taking a little bit in the press in terms of what is going on with luxembourg. That is whats, might be the title for someone making phones today. This was an investigation by independent journalist that came up with detail and hundreds accompanies that have allegedly to save tax and luxembourg. We have a collection of news organizations, a Investigative Group and i came up with quite some salacious details about the special rates that individual companies were getting to actually cut taxes and have their own personal tax deal in sign of luxembourg. The question is the nexus and the role that we have from Jeanclaude Juncker because many
Pay a price for its actions in ukraine. That comes as u. S. President obama blames moscow for the crisis. Welcome to countdown. Get to our top story this morning. Our exclusive interview with the german finance minister wolfgang schauble. European central bank has run out of ways to help the eurozone. With bloomberg at the Business Leaders conference. Is sayingrio draghi again and again is what is needed is reform. It is not for the ecb to implement. There is a government. We agreed. Monetary policy can only buy time. Problems asderlying a matter of fiscal policy in this globalized economy. We have the competitiveness. If you look at whats going on , its veryal economy important that we all know in to do this we have again and again to enhance competitiveness. If we are complacent even in continueif we do not to enhance our competitiveness, we will lose. Should the ecb do more to fight inflation . I do not think they have the instruments to fight inflation, to be frank. Interest rates