Oil supplies. Gdf falls to the bottom of the market. Trader say the sale rose 1. 5 billion euros. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome, again, to todays worldwide exchange. Some interesting news in the market yesterday. Selloff in the u. S. Market. Wall street. Can we call. 7 a selloff . What i found surprising was that the markets didnt react to the robust Economic Data as it was in the back with mirrors, lagging indicator, oil remains the big headline risk. Maybe they did react to the data, sri. Maybe were back to good news is bad news as far as the fed is concerned. Supporting consumer housing data, Consumer Confidence. Maybe this is the start of a good news is bad news. Like parting a baby from its candidate. You could say that, but the price of oil, i think, is going to be a factor that we continue to watch. The situation in iraq, headline risks from the oil market, is it going to be, though, the catalyst tha
Lowest level in almost six years, but still beat forecasts. The ceo tells cnbc, stress tests would send a strong signal to the market. Hopefully, weve seen that these stress tests are for real and that the european Banking Sector has to be to clean out their bad loans. That would be a signal of strength and that could help the sentiment in the market. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello, everyone. Im seema mody. Coming up on the show, senior hong kong officials sit at the bargaining table are protesters, but we hear from one person who says dont hold your breath for a compromise. Strong chilling ways on earnings as ae is the hos tries to avert sales slowdown. Will the Recovery Efforts pay down . We will discuss. And is we ask whether headwinds in china and russia will eat away at the bottom line. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. So, carolin, everything is calm
Ship. And the spanish jobless rate falls in may. Its the fourth month of declines but 4 Million People are still unemployed. Inflation numbers are due in, which are key for the ecb. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and a warm welcome to todays edition of Worldwide Exchange. Its the first or second trading day of the month of june. And as we start today, the u. S. President barack obama has arrived in warsaw. Poland is his first stop on a fourday tour of europe. Today hes taking part in a celebration to mark 25 years since poland emerged from the communist bloc. The white house has said u. S. Will hold up poland as an example in ukraine. He will also meet the new president of the ukraine. Now, while that is going on, the Gas Companies of ukraine and russia are considering a repayment plan for kievs outstanding bill. If signed, this deal would also guarantee europes supply until 2015. Meanwhile, fighting between Ukrainian Governme
Affecting our business. Europe is, i think, fully bottomed out. Easing from chinas central bank, the pboc saying it will cut the requirement for rural areas on friday in order to bolster the agricultural sector. He was described as the chosen one. Manchester united have sacked their manager, david moise. Youre watching worldwide exchange, bringing you Business News from around the globe. Hi, everybody, welcome. Yes, youre watching worldwide exchange, after a long easter weekend for many of you, now back at work in full in europe, coming on to speed after we saw a thinner trade in the u. S. Compared to whats normal given the european holiday yesterday and the stock is higher, just shy of 1 . Were still early days, right . Our main european markets looking like this. The ftse a big higher, the xetra dax shy and the ftse is a couple of points lower. Its been about m a, its also about worries and ukraine and whats taking place there. Back to whats going on in m a, astrazeneca shares soarin
Lenovos smartphone strategy is paying off. They deliver a jump in profit as its new hand set business offsets personal computer sales. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. You are watching worldwide exchange. We are just modestly lower, around 0. 2 . It is gdp day and the data we got out specifically this morning for germany and france, that was definitely disappointing. The recovery is losing steam. Lets have a look at the markets one by one and see how theyre responding to the data. The xetra dax is down by 0. 1 . Rew blaming its Renewable Energy subsidies for that big decline. The cac 40 is off by 0. 5 . The ftse 100 outperforming this morning by roughly six points or 0. 1 . Lets get to some of the top spots were watching for you this morning. Balfour beatty up 1. 9 . Carillion says it is confident on the new approach which would pay shareholders an additional Cash Dividend of 8. 5 pence a share. Rwes