Eu Investment Plan saying its more than just moving money around. The money we are putting forward today comes from what already exists. Shares in thomas cook plunge after ce oharery green forced to pack her bags. And investors buying into europes Online Fashion retailer after orlando beat Third Quarter sales. Sdwla youre watching Worldwide Exchange, bringing you Business News from around the globe. And welcome, everyone. It may be a short week due to thanksgiving. But that does not mean its been a busy week. Much more important. Hello. Hello. How are you . Got a its fantastic, yeah. Absolutely. A new couple of days, right . Were going to have fun. Wilfred is doing the slightly earlier show. Im doing this one. I have one this afternoon. Were all over the place. As massively busy week. We were saying this week is crucial when it comes to all the data. Absolutely. Especially when you talk about opec. In the last 30 minutes, in fact, irans oil minutester has called on unity from opec amid
The future in china is blurry, but the stock is sent to the top of the stoxx 600. And u. S. Criticizes the use of google as lawmakers get set on a landmark proposal to break up the Search Engine in europe. Announcer youre watching Worldwide Exchange, bringing you Business News around the globe. Hi, everybody. Welcome to Worldwide Exchange. Weve got two hours together. I think its fit to go recap the days with us. Youve got the german november seemingly adjusted jobless rate, 6. 6 now. Thats after revised 6. 6 seen back in october. Youre looking at the november seasonally adjusted jobless change compared with the reuters forecast to a drop of 4,000, the seasonally adjusted total at minus 14,000 to just shy of 2. 875. So that figure having hit here in the last couple of minutes or so. Were just seeing the euro on the back of this. Weve been hanging on to that 1. 24 1. 25 area. Looking at what the policymakers are saying ahead of next weeks meeting. And its important to note germany does
Recovery. Stealing the lime line as the new ceo unveils a cost cutting plan to turn around its fortunes. But m s is in the red after christmas sales come in below expectations. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A man hunt is still under way following an attack on charlie hebo. Cnbc has confirmed in the last hour that at least one Police Officer has been injured after being shot in the south of paris. But it is not clear whether is the incident is linked to the event in central paris yesterday. Local reports say two officers were injured, one critically, and the shooter was arrested. The interior minister has left forever an emergency Cabinet Meeting to the site of this latest incident. Earlier, Police Released photos in two wanted people in the attacks. Police say a third man is 18 and has surrendered. Speaking ahead of the Cabinet Meeting this morning, the Prime Minister said seven people had been detained. Antiterrorist for
Sachs leverage finance conference with a number of exclusive interviews, including the banks chief european economist and the cfo of europes telecom giant. Youre watching worldwide exchange, bringing you Business News from around the globe. And were just getting news out of italy. Rates came in at 12. 3 for all in july. It was 12. 6 and its expected to stay at 12. 6 . It came in lower than expected at 12. 3 . The youth Unemployment Rate hit a new record high of 44. 2 in august. So the overall rate is falling, but the youth Unemployment Rate going up. Were getting some data on the health of the german labor market. The seasonally adjusted jobless rate falls to 2. 8 million. German september jobless unadjusted rate was at 2. 65 . Slightly lower. But the adjusted rate was 6. 7 . Obviously, a lot of focus on germany. It can rely on growth, were talking about the biggest economy in europe. A lot of questions or concerns around what further sanctions in russia will do to germany. Absolutely.
The countrys finance minister backs on demands that they write off the debt. Instead proposing a swap. They send the aussie dollar to a six year low. The Indian Central Bank keeping its powder dry. Youre watching Worldwide Exchange bringing you Business News from around the globe. Hello everybody. Good morning. Welcome to a full two hours of Worldwide Exchange. Good to be back on the show. Great to have you. Great to be back. Lots going on today. Bp shares are already trading higher this morning despite a Fourth Quarter loss on deplacement cost basis. It will reduce cap exspending this year. In a short time well be speaking with the bp ceo bob dudly for his take on the numbers. Well be talking to the man himself any minute now. Lets take a look at oil prices. They have been rallying in fact gaining about 11 . Were looking at light crude trading at 50. 67. Up about 2 . Brent crude up about 2. 5 . Interestingly enough were ceiling this rally in oil prices despite the u. S. Refinery strik