Negative after accounting changes. We speak first to stephan engles. Digital dismay. Publicis is the biggest faller in europe as the ad firm books a 1. 4 billion euro writedown on its Digital Business with underlying sales falling 2. 5 in the Fourth Quarter. A holiday nightmare for thomas cook. Shares sink as the Tour Operator reports a big quarterly loss and issues a cautious outlook for the year ahead. Welcome. Lets look at some of the Market Action across europe. Its fair to say some of the early confidence has started to cool on the markets. Only just holding on to the green for the ftse mib in italy. The French Market moving as big name caps are reporting there in the French Market, were ahead 0. 4 . The german stock market up about a third. And about 0. 10 added to the ftse 100. Lets look at the banks. Among those reporting today, socgen has been out with numbers today. Still trading positive. Up 2. 5 . Commerzbank initially positive, now trading weaker. It is a split picture for
Good evening, we begin in the United States where President Donald Trump said today he is considering four individuals to service top security aid. This follows the resignation of Michael Flynn earlier this week and controversy over his links to russia. Yesterday Robert Harwood turned down that offer. Keith kellogg is one of the four people trump says is being considered for that role. Scott pruitt will head up the financial protection agency. About the direction the Trump Administration may be taking its policy. Reporter dumping coal waste in the street. President trump why dont we give that to the minors . Reporter it is one of the host of regulations the present hope to quash in the name of job protection. President trump im continuing to keep my promise to the American People to get rid of wasteful regulations that do nothing, absolutely nothing but slow down the economy, hamstring companies, push jobs to other countries. Compliance rule it would be 50 million up for the coal indus
Good evening, we begin in the United States where President Donald Trump said today he is considering four individuals to service top security aid. This follows the resignation of Michael Flynn earlier this week and controversy over his links to russia. Yesterday Robert Harwood turned down that offer. Keith kellogg is one of the four people trump says is being considered for that role. Scott pruitt will head up the financial protection agency. About the direction the Trump Administration may be taking its policy. Reporter dumping coal waste in the street. President trump why dont we give that to the minors . Reporter it is one of the host of regulations the present hope to quash in the name of job protection. President trump im continuing to keep my promise to the American People to get rid of wasteful regulations that do nothing, absolutely nothing but slow down the economy, hamstring companies, push jobs to other countries. Compliance rule it would be 50 million up for the coal indus
As saudi arabias Oil Ministers say they may need to extend cuts. This is bloomberg surveillance. I am mark martin. Credit agricole crt head of g10 fx surge. A question for either of them, do run tv function on your bloomberg. Hit i. B. Show producers. Here it a look at markets across the globe today. The stoxx 600 gaining for a second day, marginally up by. 1 . Rising for the fourth day in five. One question i will be asking to valentina is is the election a game changer for sterling . 2. 22 percent. Yesterday evening, we had the feds beige book, the Regional Assessment of the u. S. Economy continuing to grow across the u. S. At a modest to moderate pace in recent weeks. A tight labor market. Mixed. R spending was that is worth noting. Crude oil rising today. 50. 66. Data showed crude production rose to the highest gasoline stockpiles climbed for the First Time Since february. Let us get the bloomberg first word news. Here is nejra cehic. Nejra japanese exports throughout the fastest r
The year. Hugo boss goes down a size. The fashion brand pledges to slim down operations, focusing on its two main brands as it pledges to get back to growth by 2018. The iea warns of a period of greater Oil Volatility ahead but prices wont peak before 2040. Well speak to fatih baril. Welcome back. We have a full hour for you on street signs. This morning, a similar story to yesterday with the markets, most of the markets hanging on to green. A couple markets trading slightly lower. The ftse off by a couple points. The cac 40 and the ftse mib trading higher, the dax just a bit lower. Weve seen heavy weightings in the likes of pharmaceuticals. Technology up by 1. 3 . And two sectors seeing some trading, healthcare and chemicals. Looking at bouygues shares, the company confirmed 2016 earnings outlook despite the french Industrial Group posting a 3 fall in sales for the first nine months of the year the bouygues operating profit came in higher than expected at 570 million euros. The firms