Good morning, everybody. Welcome. Youre watching the pulse. Were live from bloombergs headquarters here in london. Im francine lacqua. Bernie ecclestone goes on trial. Well see what the racing series would look like without its current c. E. O. And shaqenomics. Hes larger than life. Shaq tells us how he built an empire after the nba. Were getting breaking news. German Business Confidence just breaking fow. The data coming through a little stronger than anticipated. Expected of i. F. O. Number was 110. 4 so a stronger than expected read fitting in with some of the data that we have seen. The euro, well, up another leg his morning. We know someone in frankfurt who would not be too pleased about that. Mario draghi. G. E. In talks to buy Frances Alstomach for 13 billion. Matt campbell and Caroline Hyde are here. Matt, lets start off with you. Why did this work for him . There is a macro maker here. G. E. Is of course one of the largest American Industrial companies. It has enormous amounts