Viewers. Is the pulse. Welcome back. Your first hour . It was terrific. Arsenal won. We take you inside the lab where starbucks taste team makes the perfect brew. Nutella, olivia likes it on her crepe. With a little bit of banana sprinkled on. We will see how some brands managed to test the time stand the test of time. Astra zeneca says the bid is not enough. To 60 raises the bid billion pounds before being turned down once again. Game over or not . Ive talked to one of my andnds on the sell side they have talk to the company directly and it sounds like they do not want to carry on business. It is not just about the price. There talking about social responsibility. That resonates very well with the Political Climate and the way this has been handled in the public domain. I think it is done for now. I dont know how many more degrees of freedom pfizer has in terms of its movements, at least for the next three to six months. What are pfizers options here . There are no other Big Pharma Co
Driverless cars are hitting the highway. Audisgoing to check out autonomous a7 that is paving the way for driving handsfree. And, lufthansa shares slide on weak results. We are live with the carriers cfo earlier eight are in the program. In the meantime, lets get straight into our top company story. Adidas shares are under pressure. The company slashing its profit forecast. This among other things, russian unrest. Lets find out what is going on. Hans nichols is in berlin with the details. Good morning. There are two things at play here. One, russian unrest. That is a weakening ruble. So much of their sales are in russia. Anthe last quarter, they saw 18 decline in sales. Whether it is golf or russia, stock is down more than 10 this morning. Here are the numbers on their profit warning. For 2014, they expect 650 Million Euros for profit. That was before estimates of 890 Million Euros. H, a is almost 25 slas remarkable move. When we get to the russia story, when are we going to see an Eco
Well show you some of the most expensive watches in the world and pickpockets in paris. Find out how petty crime is causing major problems for the citys tourism industry. Before all that, lets get back to our european g. D. P. Focus and lets take a moment to look at whats happening in the east of the European Union because poland has reported its g. D. P. Numbers. Quarteronquarter was estimated to o come in at. 5 . It is come in at 0. 6 . A little disappointment. A bit more than analysts had been expecting. Because of the geography and history and link between this part of europe and russia and the Political Climate that we find ourselves in at the moment, that is why we are focused on this little bit this morning. Well get some insight to what this number means and what the polish economic story looks like right now. There you can see the impact on zloty. It has been under a little bit of pressure. From poland lets broaden the picture around g. D. P. We had it from germany and france
We are live at bloomberg headquarters in london. I am guy johnson. And i am olivia sterns. We are going to get into our top story. It is a big tobacco deal. Imperial tobacco confirmed that it is in talks to buy some major u. S. Cigarette brands. Could spend 7 billion on the acquisitions. Lets find out. Caroline hyde has been tracking the story. We have a merger taking place in the states. The regulators are going to want them to spend some out. They have some interest. Exactly. Have speculated on since the initial share sale of logista. Today, they will raise about 4 Million Pounds. Everyone wondered what they would do with this money. Will they invest it or pay down some debt . Could be could they be putting some of this money into these American Assets . They said yes, they are eyeing certain brands that would likely have to be disposed of between reynolds and lorillard. They are looking to form the secondbiggest player in the united states. It will be the biggest m a deal ever in th
Wolfson, editor of the new republic frankly for, Politico White House reporter Carrie Rudolph brown making her debut, and our old hand Bloomberg White house correspondent hans nichol. There isnt much overlap between critics of george w. Bush and barack obama unless you are talking counterterrorism. Members of code pink, a group founded during the Bush Administration to protest the policies of waterboard and detention made their voices heard at yesterdays confirmation hearing for john brennan as cia director. They wont even Tell Congress what country we are killing children in. Please senator feinstein. If you could please expedite the removal. More important than the children of pakistan and yemen . Are they more important . Do your job the hearing serve as a public discussion of the most controversial counterterrorism policies that began under president george w. Bush and, in part, have continued and expanded under president obama. Brennans defense of the secrecy surrounding the admin