Has a new goal insight as it remains at with creditors. It needs to come up with a reform plan its creditors can agree on. Guy for more, we are joined from greece by our international correspondent, hans nichols in berlin. A reporter who normally is in greece, but ive got this completely wrong he is in london with us today, which is great. Hans, walk us through the roadmap to may. Hans in many ways theres a lot of talk about deadlines. The European Commission is saying that midmay after that may 11 meeting, is the real deadline. Mr. Dice alone heads they he may have said it best when he said the real deadline is when greece runs out of money. We got 80 million coming due today. Later in may, dont forget that may 1 payment. A lot of focus is on the may 12 payment. That is to the imf. There are another 200 due on may 1. Mr. Dijsselbloem seems to be the most negative. He says they are still far apart. Take a listen and have a sense of how many people are talking about isolation and contag
There is bouygues up 2. 7 on the open. Lets talk to ryan. Royal dutch shell, these are the guys that started the profit war at the start of the year. They smashed expectations. For 5ts were looking billion. Investors very pleased. It will be interesting to hear what the boss has to say on his conference call. Everybody wants to hear about russia. A very sizable interest in russia. One reason why van burton was meeting with putin, kissing the ring if i might say. We heard president putin yesterday warning that there could be retaliatory moves against western interests if they ratchet up their sanctions. He said he may have to look at western energy deals in russia. We can see Royal Dutch Shell up over 3 . Alstom we are waiting. I am getting excited about alstom. It was called up 20 . Lets have a look at another stock, barclays. Everybody is doing it. It is a bad bank. The commodities business, the fixed income business, some u. S. Mortgage assets and european lending books in spain and
Took him to countdown. I am manus cranny. I am anna edwards. Bloomberg reporters are standing by across the world ready to deliver the stories that will drive your day. In mumbai, the votes are counted in the worlds biggest election. Jonathan ferro is following Credit Suisses potential deal with u. S. Tax authorities. Hans nichols is in berlin with details on key votes for the swiss. Zeb eckerte on is in hong kong as japan debates beefing up its military. Later, they are crafted with the most precise workmanship. These are not the most expensive pair of glasses you will ever buy. How one startup is trying to up and the business of highend eyewear. It is vote counting day in india. The election was the Worlds Largest taking place over more than a month. Nine rounds of voting. 551 million votes were cast. Joining us for more on the latest is sent hundred. What parties are leading . Looks like heodi is ahead in the polls in the moment. It definitely seems like that. Like you were pointing
Lets check with caroline hyde. The markets are going to be looking at china. They are going to be looking at the United States as well. The chinese effect helping a little bit of green in the markets this one. Ftse up, spain getting a boost as well. The United States traded much higher. They have a bit of an influx, an appetite for risk on the back of the chinese news. Equivalent toan, 81 billion, is being pumped into the five biggest lenders. They are getting each 100 billion yuan. Instead of cutting the reserve ratio requirements, instead of cutting rates, this is an equivalent stimulus thomas so says goldman sachs. Worry about the chinese data . Spending over Retail Service have not been good. Investment has not been good. The central bank is reacting. I want to show you the reaction it had on commodities. Copper, look at how much did move. Up 1. 2 and continues to trade higher, up. 5 . We can also look at the oil market and the effect it had overnight. 2. 5 jump on the oil market.
Passed. Yearly sales are set for six years of decline. Cars sold. N nowhere near precrisis records. Thank you very much. Well have more on the car industry shortly. We have recommendations for london. The interim report comes from the Airport Commission that there is need for additional runways. By 2050. Ional runways they shortlisted the options. One is in the south and one in heathrow. Wants, it is that of the shortlisted. It will be reinvestigate it. What ever happens is politically charged. It will have impact on travelers across the world. You are watching dixons. Is a big retailer. Electrical retailer. Number one here. Number two in europe. They have had their first pretax profits in almost five years. The strategy of turning around helps when the competitors go out of business. The goto destination for shopping. You are probably the only destination for real shopping. Their numbers should be taken quite well by the markets. A few other bits of data as well. A will look at that i