Frances newly elected president Emmanuel Macron faces a diplomatic challenge as he meets with russias vladimir putin. But the countries do have deep economic ties. It used to call itself the worlds favourite airline, but with Flight Disruptions entering a third day, few of bas passengers are likely to agree. Welcome to World Business report. Im jamie robertson. In a minute well have Special Report from sri lanka on why the country is selling chunks of its infrastructure back to the country that built them, china. But first, today the new french president Emmanuel Macron will meet with his russian counterpart, vladimir putin. The kremlin was hoping that the meeting would take place under rather different circumstances in the recent French Election campaign, mr putin had voiced his support for the eurosceptic candidate marine le pen, who lost to mr macron. Nonetheless, the relationship between france and russia remains important to both countries. France is russias biggest foreign invest
A very warm welcome to bloomberg daybreak europe. Im anna edwards. Manus a little bit of breaking news coming across the bloomberg. For your revenues come in at. 7. 3 billion euros this is of course one of the leading Delivery Companies around the world. What they do in the world tells us how healthy the economy is. Terms ofpost rises in web shopping. Thats what is driving the numbers for the fourth order. Growth in ecommerce and a great christmas. Operating profit up 1. 4 billion euros up from year ago. It matched more or less with the market was looking for of 1. 1 billion euros. Thats what the market was looking for. We will have a conversation with the georgia post ceo in about 30 minutes with the Deutsche Post ceo in about 30 minutes. Lets talk about whats happening in the u. K. Today. The house of lords vote yesterday, we watched the article 50 process as it looms large. The chancellor will deliver his budget at 12 30. Is, do youquestion want to be long sterling going into the ch
Great reporting by alex sherman over the last few days for this. The verizon sale will not include yahoo cashiers in alibaba, and verizon will be integrated with aol. Alex sherman is joining us now. You scooped this on friday. Talk us through what happened in the last 72 hours because there were still stumbling brocks tumbling blocks on friday. Alex verizon was always a favorite and we have been talking about that since january. Verizon upped its bid. In the last round of bids, verizon was still only bidding between 3. 75 billion and 4 billion. That was not the high bid. Yahoo had more or less put pressure on verizon saying if you want to buy this thing, you have been the presumptive buyer the whole time, you have to step up and increase the bid. We realize you do not want the nonessential into little property that is not part of the deal, but you still have to bump it up a little bit. Verizon figured when push comes to shove, at the very end here, that is when we will make our move. B
Choice. Will be so good for detroit. We will also give our police and Law Enforcement the funds and support they need to restore law and order to this country. Law and order. [ cheers and applause ] thank you. Thank you. Without security, there can be no prosperity. Without security, there could be no prosperity. We must have law and order. We must have law and order. [ applause ] and by the way, our police in this country are really unrecognized for the incredible job they do. Thank you. [ applause ] in the coming days, we will be rolling out plans on all of these items. One of my first acts as president will be to repeal and replace disastrous obamacare, saving another 2 million american jobs. [ applause ] we will also rebuild our military and get our allies to pay their fair share for the protection we provide to them, saving us countless more, billions of dollars, to invest in our own country. [ applause ] we also have a plan on our web site for a complete reform of the veterans ad
Will head to the polls next week to decide whether the United Kingdom should exit the european union. The markets have largely shrugged off that threat but that is starting to change. Over the past few days volatility has risen and stocks have come under pressure as poll after poll show grow support for the leave campaign. And that is why stocks were lower again today. The Dow Jones Industrial average average fell 57 points to 17,674. The nasdaq down almost 5. The s p 500 was off 3. As investors flee stocks, money is pouring into relatively safe investments. So much so that the yield on germanys 10year Government Debt fell into negative territory. The yield on the 10year u. S. Treasury hit levels not seen since 2012. Lets turn to our two guests who have opposing views on how the u. S. Economy will be impacted should the United Kingdom exit the european union. Paul christopher is head of Global Market strategists at Wells Fargo Investment Institute and he says it will be negative for th