And south korea offers talks with the north a day after the north Korean Leader, kim jongun says he is open to dialogue with seoul, despite telling the u. S. That the Nuclear Button is always on his desk good morning, everyone it is the first trading day of the year i want to alert your attention we have the final manufacturing pmi numbers for the eurozone they came out at 60. 6, in line with the flash this is the strongest pace of expansion in the Manufacturing Sector since the series began in june 199 7 thats two standard deviations above the long run average extremely strong numbers out of europe bringing in our first guest, i have Derek Halpenny on the phone with us. It appears as though europe is off to a great start, in line with the momentum we saw in december i also want to point out that Euro Currency is up through 1. 20, and it appears the currency has lagged this morning. What have you pencilled in for the currency from here we think that the euro can gain further, but 2018
Welcome to power lunch. Im melissa lee. The bulls are in charge firmly today. The index up triple did you get right now, up about a half percent. We are off session highs s p also hitting 2800 for the first time ever. Its a broadbased rally also hitting record highs. Heres whats moving this hour ge is down about 3 , teak a 6 billion hit related to the reinsurance biggs. Fellow dow member, unitedhealth going in the opposite direction. The stock is rallies and amazon take a look at that, trading at alltime highs. That is the highest on the street brian . Thanks, mel here is what else is happen, a Big Hedge Fund eyeing twitter. Greenlights taken a small position in twitter. Its not helping the stock, though we have called the energizer bunny. Now theyre getting into the rally, buying ray ovac with specter and were going to head live to the Detroit Auto Show later this houring to a look at the cool car stuff. Roberto pisani is down at the stock exchange. Seven days, and were running out ha
Bezos, hes now the second richest person in the world. Right behind bill gates. And bezos has around 79 billion. He made 3 billion just overnight. Lets not forget google. This is extraordinary. Thats revenue up every single quarter for seven straight years, thats a juggernaut. That stock also going straight up at the opening bell today. All right, thats money. Now, politics. It takes longer than 100 days to drain the swamp. Oh, yes, it does. No vote on obamacare today, or tomorrow. It may be next week. And the left, no growth plan for the democrats. The New York Times and democrat leaders call the president s growth agenda, a give away to the pitch. They dont like it. Your money looking good. Politics and that swamp is still there. But its friday and were glad youre with us. Varney company is about to begin. Aint no stopping us now were on the move all right, okay, ill go with that. It seems like theres no stopping, certainly no stopping the big, big tech names that have been on such a
They may listen to demands of its activist investors. Inhine orders are released tokyo later this hour. We are keeping our eyes across on the latest from the white house as it denies reports alleging meddling by the president in the russia investigation. This is daybreak asia coming to you live. It is just after 7 00 p. M. Betty, where do i start . The perfect storm in d. C. New reports surfacing. On the heels of what we could have seen, the disclosure of sensitive information. How can you deny that . We are seeing that reaction with the dollar plunging. Youre absolutely right. A lot of questions here. The market seems to be shrugging off the chaos in the white house. It had a bigger effect on the markets in the lower dollar. Housing numbers this morning, in below estimates. That has people worried. Maybe this economic recovery and this momentum might the losing steam. Lots of people focused on the economic numbers to come in the u. S. Is pretty confusing. We did get production out gai
And how to stand out in a crowded market . We meet the firm thats using Computer Games to encourage us to buy more. Well explain how it works. And as critics blame ba for too many cost cuts we want to know is the golden age of travel over . Do you want more frills, not no frills . Let us know, use the hashtag bbc bizlive. Hello and welcome to Business Live. The no Frills Airline ryanair has reported its latest set of financial results. Europes biggest carrier by Passenger Numbers announced a 6 jump in full year net profit to 1. 46 billion. Ryanairs performance is a sign that its cost cutting measures are helping the business compete as overcapacity continues to dog the industry. Earlier, we spoke to neil sorahan, rya nairs chief financial officer. We saw our unit cost dropped by 11 last year. Excluding fuel, they were down 5 . So we are seeing unit cost savings coming through on all lines. There is a huge amount of uncertainty about brexit. There is no direction as to which way the uk