For the oil industry are over. Traditional versus challenger. Lloyds banks misses estimates deposits jump. S we speak to the chairman and cofounder at 8 30 a. M. Gmt. Bit of breaking news kicking off the show today. Rwe, the german utility has told us they are taking an impairment, 4. 3 you billion euros. Nonoperating results. This is 4. 3 billion euros on the german utility. Nonoperating profit will be cut in 2016. Adjusted net income for 2016 will be. 8 billion. 2016 net loss of 5. 7 billion euros. Landscape forg them. From them, the news that is the top line as we get more details. The net loss for the year for r we will be 5. 7 million euros. Futures indicated higher. Europe itself was marching through 14 month high. The s p rates its alltime high. A nice trend in the market. They are up. 2 of 1 . In at the highest level it europe. It was energy that drove the market higher. To be had inief the market in the form of the australian market. Thats have a look at gmm. That is global ma