Everyone to bloomberg daybreak euro. I am anna edwards. You am matt miller joining here in berlin. An interesting day. It does not look like we have seen much move in risk assets as a result. Even though the policy announcements have been with no change. Anna we have had a lot from Central Banks. We have also heard from the Central Banks and the boj clearly on a different path at the moment at least from the the doe even from the boe. I want to talk about the equity markets. We have a great chart, the world equity capitalization near parity. 75 trillion seems to be the magic number whether youre looking at global gdp or global stock market valuations. At the bottom, we have the ratio between the two. At the highest since 2008 relative to the value of global gdp or. Not necessarily suggesting it is overvalued. It seesill lynch says global stocks as overvalued. It is a nice and simple way to look at stock market valuation. Matt fascinating chart. Let us take a look at the movements insid
Travis kalanick is out as investors try to move past scanda scandals jack ma on why globalization is good david will sit down with him Martha Stewart shares her take on the state of retail the media mogul is going to join us live. First up, Travis Kalanick is out as ceo of uber bill gurley this morning, big investor in uber said books will be written about kalanicks entrepreneurship and few have changed industries the way he has. Yeah. Adam lashinski wrote a fantastic book fortune writer that came out four weeks ago about kalanick had he to break billions of eggs to make a couple of really fabulous omelets its almost as if i dont want to say his job was done, but i would say that you got in there and it wouldnt be so bad to have a more a lesser addict story. Personal tragedy you have to weigh this i think obviously the people got an image of what the company was like inside that was a little bit distressing. Listen, this guy did it. And i dont think theres enough good being said. I kno
Another financial crisis in our lifetime. We have the world covered on daybreak asia. We go to San Francisco and the followed from the cyber fallout from the cyber attack. We go to shanghai on the growth of the internet of things. Asia. S daybreak im in new york, where it is just after 7 00 p. M. We are in for some central bank speak. What an eventful tuesday, right . First it was mario draghi a bit more hawkish when it came to inflation. Then the selloff fueled by janet yellen talking about rich valuations in the market. Betty you used to not be able to get anything out of these central bank chiefs, but now they wont shut up. Particularly janet yellen and her talk about valuations getting more rich. That also sent some of these tech stocks tumbling, dragging down the nasdaq. We will talk about that in a few moments. Yvonne that is right. A lot of jitters when it came to tech. Alphabet slapped with a record fine from the eu. We will look at the cybersecurity attack we have seen that ha
Breaking news coming through. A little bit early, it seems. Manus never too early for a glass. Organic Revenue Growth 7. 7 percent. One of them will have to divest, what are the rules and regulation . Revenue growth 7. 7 . That is the top line revenue. But the volume, the volume of shipping, ab inbev is declining year on year. The episode was for flat line. Coming in at 4. 3 one billion. It is a mess. They have beaten on the top line revenue, missing on volume. The dividend will be paid out at two euros per share. Anna, that is a bit of a mixed result. Dividend in line, their missing on earnings numbers. Anna the megadeal eclipsing Everything Else in the industry. Caroline hyde is with us, back from the mobile World Congress in barcelona. The results from us. Caroline this time, we are seeing Deutsche Telekom numbers coming in ahead of numbers. Netre actually seeing income more than doubled in the Fourth Quarter at 959 Million Euros. You are seeing sales just ahead of estimates, 17. 9
Draft resolution to the u. N. Security council with an eye towards punitive measures for north korea for its recent military action. And keeping watch. Police are on high alert to make sure that a split in japans gang doesnt lead to violence. Police are vetting why a car hit multiple pedestrians. It left two people dead and nine injured. It happened in the center of osaka. The car hit pedestrians crossing an intersection and then ran onto a sidewalk and hit more people. It stopped when it rammed into a concrete flower box. Police say one pedestrian and the droiver died. Nine were injured and one is in critical condition. Translator the driver was going fast. I dont think he applied his brake brakes. They think the man was in his 50s and may have had a medical problem. The area is often full of shoppers and tourists and it was even more crowded because people were out on luchblgs. Sharp executives agreed to a takeover by taiwans hon hai. Theyve reach add deal that makes sharp the first