Lundstedt. Pass the mustard mccormick buys Reckitt Benckisers food business for 4. 2 billion, adding frenchs mustard and franks hot sauce to the company spice rack the ceo of akzonobel steps down citing Health Reasons as the Dutch Chemicals Company continues to battle activist investor elliott managements attempts to oust its chairman. Weve had so many numbers out of scandinavia the last couple of days and speaking to so many ceos out of that region. Ericsson yesterday tough numbers there. Great numbers today from scedbank we spoke to tele2 who are weathering regulatory problems left, right and center and electrolux and volvo are moving in Different Directions on the market today, but electrolux upgraded its north american outlook after a stronger than expected rise in Second Quarter earnings. The swedish appliance maker upped air north American Growth star get to 3 to 4 citing strengthening demand and a favorable macro environment. Its not the only firm today citing a pick up in north
Off the meeting as fake news. And revelations of hundreds of cases of child abuse at a renowned Catholic School in germany. The outcome of a sevenyear investigation provoking more questions. It is 1 00 p. M. In paris and berlin. Also coming up, we cross the next hour of life news and analysis from suicidal robots to football. We have the most eyecatching stories from the National Papers in our press review. And making the most of the Tour De France. How sponsors cash in on a worldwide audience of billions. Well have the details on that in our business update. This is life in paris. We begin here in france where the head of the military has resigned. This for the first time in the history of the modern french state. Fought villers leslie with the president over plans to cut the military budget by 850 Million Euros this year. In a statement the highly regarded general said he no longer felt able to guarantee the robust Defense Force to guarantee the safety of france and the french people
The breeze different up a little bit yesterday, not howling, but today will be the warmest day. San francisco up by 2, and san jose from 78 to 81. You can see the airflow coming out of the north, and no doubt about it, the san mateo coast and santa cruz, down the gilroy and monterey bay, and here is that low cloud deck. It will probably make a move tomorrow. 40s and low 50s on the temperatures, a lot of 40s along the peninsula, and a big difference with that warm air loft, mid50s for some. 46 at menlo park and woodside. A lot going on out here with that stretch of moisture down to the hawaiian islands. We will see if that plays into the weekend weather, and today we have 70s, 80s. Good morning. A decent commute through the solano county, and traffic is moving well on i80 westbound. Lets take a look at the maps, you can see the vacaville, fairfield and vallejo have a nicelooking commute, and yesterday was so bad that people will want to check in on this all the time. Nothing in usual an
Supplementary budget . Brazils Largest Party pulls away from Dilma Rousseffs coalition. Is impeachment all but certain . Good morning, hans. Front andnter center once again. There are a number of questions that surround that. Does yellen have control, and where are the hawks . Hans if she doesnt have control, the markets to. That seems to be an interesting flip of the script, and we should also talk about brazil. I thought you were going to make the suggestion that you and i host this show from the beach. We are here in the dreary months of march, but i suspect you have other highminded plans. Guy lets go. I think that is what we should be doing, get us going down there to brazil. I guess the second point in my mind about the fed brazilian beaches sound much more attractive lets talk about the fed. Page, and youfed look at the speakers over the next few days. Doves. E all for the next few days, the conversation is going to be dominated by the dubs. The doves. Its many days until we sta
Most of the rainfall confined to the poke mconpoconos. Moisture work into parts of our area. North of reading now west of allen town. More activity in the next time line. Mid60s philadelphia partly cloudy skies. Clouds have not made it down the shore yet. Temperatures in the 60s, pushing to the 80s today with showers clearing into the afternoon. Ill go over the timing of your sunday in my full forecast. 6 01. New from overnight in burlington county, investigators are trying to figure out how a fire started at a vacant billing that used to house an auto body shop this. Happened in river side before 2 30 this morning. Luckily no one was hurt. Websi witnesses saw someone running from the scene. Police are investigating. Happening now, the philadelphia Streets Department is shutting down roads in center city as crews get ready to take letters off the philadelphia sky scraper. Matt delucia is live in center city. There will be road closures starting about now, right . Reporter yeah, ted. In