Welcome back, everybody. This is bloomberg daybreak europe. Welcome back to another trading week. We have a quick look numbers through from ryanair. 750 million euro Share Buyback in february. Thirdquarter revenue comes in exactly in line with the estimates at 1. 4 billion euros. Traffic up by 8 . At 129ve seen it million. Nothing enormously substantial. This is interesting. Some of this coming through in the numbers from ryanair. Fourth quarter fares will be up due to easter. The profits jumped into off percent, and they still see 2018 net profit at 1. 4 5 billion euros. Those are the headlines coming through. A lot of questions to ask in terms of employment cost. They finally recognize unions at ryanair. Little bit about that this morning. And how do they relate to the strong numbers we saw out of recently . We put all of that to the cfo of ryanair. Lets do a quick word on where we are in global markets. This is the big picture. The biggest selloff in global stocks in two years, and
And well be getting the inside track on marketing the world famous kew gardens. Its commercial boss tells us how the gardens funds one of the largest plant collections in the world. Today we want to know about your travel trials as ryanair profits take off, are you fretting about the prospect of disrupted flights over the summer hols . Let us know, just use the hashtag bbcbizlive. Hello and welcome to business live. The heir to samsung, the worlds Biggest Smartphone maker, walks free as south korea Court Suspends his jail term for corruption. The Appeals Court upheld jay y lees bribery conviction but cut his prison sentence to a suspended term, ordering his immediate release. Lee, the vice chairman of samsung electronics, saw his sentence for charges including bribery and embezzlement, suspended so he does not have to serve time. Lee was convicted in connection with the sprawling Corruption Scandal that brought down former south korean president too. Why is it so significant and that a
Briefing you on all you need to know in global news, business and sport. And you can be part of the conversation. Tell us what you think. Just use the hashtag bbcthebriefing. The stalemate continues in south africa, where president jacob zuma is still desperately clinging to power this morning, despite intense pressure from within his party to step down. Talks on sunday failed to persuade the former anc leader to quit. Senior Party Members will meet again later to decide their next move. It has now been almost two months since mr zuma was replaced as head of the ruling party. Andrew harding reports from johannesburg. He is swamped by scandal. South africas president , jacob zuma, has already been found guilty of breaking his oath of office when he upgraded his private home, lavishly, at the taxpayers expense. More recently, his friendship with the controversial business family the guptas has fuelled allegations of massive corruption. State capture, they call it here. During the zuma pr
Sentence. This is Bloomberg Markets middle east. Im yousef gamal eldin in dubai. A lot of the reaction we are seeing in the Asian Session is still a little bit in response to what we saw on friday. Jump into the bloomberg with me and lets take a look at the Global Market map. Some of the japanese stocks coming under german this pressure. The nikkei down 2. 5 . Electronics makers the biggest drag. The asiapacific index is on course for its biggest drop in almost 14 months. That is some context for you there. The Foreign Exchange space downg you got the chinese , also the brazilian r the brazilian riyal. Also some readjustments on the trade wti down over 1 . I want to show you what is happening with the bloomberg dollar index that is key to this conversation. A little bit of a downside as we speak. Dollaryen wanes. We see some of the capital flowing into that down 2 5 of 1 . Two blips. R up by u. S. Equity futures, where are we at . Down almost 2 5 of 1 . Lets check in on some of the big
Down oil and gas production. Haidi hello from sydney. This is daybreak australia. We are talking about the first major market open. Betty i am betty lou. This weekend has been quite eventful. Just what happened over the weekend with Hurricane Harvey, hurricane category four slamming into texas. The fiercest storm and 50 years. The worst hurricane since 2004. A quarter of the production now expectation is it will not hit the whole of the u. S. Economy but certainly texas itself. Lets get a quick reminder before all of that happened how stocks traded on friday. Watching with bated breath what janet yellen was going to say, she was on message friday. That meant the market did not trade that much, not a lot of volatility as we saw by the end of fridays trade, the dow up 30 points. The s p up 0. 1 . The nasdaq trading unchanged. We have a lot had this week including jobs data in the u. S. , likely to dominate the chitter chatter in the market ahead of the data on friday. That is a mixed ope