Musks promise of making cheaper cars sooner. Stocks gain in asia, pay 69 billion sale and solid demand as a 5 coupon appears allusive. Biden says a will flow to ukraine after Senate Passes and aid package. Lets check in on earnings. Volvo cars with the focus on price and cost cutting. We know sales across europe have been slowing. Volvo cars sees fullyear revenue up at least 15 , pushing forward, revenue is a miss. Logging 93 point 8, 90 4 billion krona in terms of revenue below estimates that had seen shy of 100 billion. In terms of operating income, that came in below estimates versus just shy of 6 billion. Margin is a mess. Just shy of 5. 7, but revenue up 15 , a company we will watch at the open as we contend with softness. Competition from china, price cutting. We will be speaking to the volvo car ceo and president at 7 15 am u. K. Time. And the swiss drugmaker firstquarter sales coming in shy of estimates. 14. 4 billion, estimates for 14 billion, a small miss. We know in terms of
Leading to the company having to pay out compensation to customers and slowdown its production of its 737 max. Its also being investigated by Aviation Regulators and the Us Department ofjustice. The figures tell us that revenues were down by 8 . Lets cross to new york now to erin delmore, our north America Business correspondent. Its not a surprise given boeing has beenin its not a surprise given boeing has been in the news so much lately are not in a good way. If anything may be the surprising thing is that the results were little better than expected. Expectations were low and thatis expected. Expectations were low and that is after a door blew out of a Jet Injanuary and in the resulting months that has slowed production for the plane maker. They reported a First Quarterly revenue drop in seven quarters and cashman was higher in the First Quarter but a little better than expected. The defence business was also a bit better than expected and the Service Business had good margins. Thos
Bbc our horses have returned to the barracks and are undergoing veterinary care. Three soldiers are in hospital receiving treatment and their injuries are not deemed to be life threatening. The bbc understands a fourth person was injured who was a cyclist and a member of the public. Plenty more on the bbc news website on that. Those alarming scenes we saw earlier today in central london. I think we can show you the pictures . No, while we wait for business ben thompson is here. Letsjust wait for business ben thompson is here. Lets just show you that auction thats going on in vienna at the moment, that painting that had been found. Very unusual apparently. The auction is just starting for that painting and you can see it on the left of your screen. This painting that has been found and its supposed to be extremely significant and very unusual. They are expecting it to reach somewhere between 30 million and 50 million. So a huge amount expected and we will wring you that when we have it.
Escalate. The row over hs2 continues as Senior Tories warn against axing the rail project. But rishi sunakis the rail project. But rishi sunak is said to be alarmed that the final bill could be over £100 billion and sick. Note britain sick leave has soared to its highest level in more than a decade. Are we getting lazy or are we just prioritising our own health . More than ever before . Know the answer to that. Answer to that. Its interesting. Its interesting , isnt it, andrew, interesting, isnt it, andrew, that in the Public Sector its almost double the rate it is. It is because in the private sector people have to work very hard because you dont get well. That you just lose its more that you just lose your job, wouldnt you . You would would. Anyway. Would you would. Well, anyway. Course covid, i think, and of course covid, i think, has it far worse. Has made it far worse. Well get well get indeed. Well get well get the that later. The reasons behind that later. We us we will. Email
Refugee. Shes saying its too easy, especially for people who claim to be a member of the Lgbt Community or indeed a woman. They should not, in her views, have an automatic right to asylum. This is going to be barnstorming. Its going to be standing on the world stage in washington, teeing off on illegal migration, Asylum Seekers at half seekers and refugees at half past three, we have all the build up , all controversy build up, all the controversy and reaction. With me and all the reaction. With me patrick. Gb news. Patrick christys on. Gb news. Yeah i dont take your eyes off it because like i said, weve got all that controversy, all the reaction and all the build up coming your way. Gb views of gb views. Com. Do you feel know feel from what we already know about braverman is about what Suella Braverman is likely things that likely to say, those things that ive there ive outlined there that actually do british actually we do have a british home secretary who wants to be world the world