Restructuring costs, well be speaking to the ceo in around 30 minutes time. At least two people left dead in ukraine as antigovernment protests escalate. Well spoo well speak to the chairman of the second largest lending bank. And a surprise shakeup at pimco, Mohammed El Erian resigns as ceo as investors are turning from bonds towards stocks. Davos 2014 well and truly kicked off here. We have some brilliant guests coming up at Worldwide Exchange speaking to the r rwe ceo as germany unveils their latest renewables for Renewable Energy. He doesnt pull punches so well be getting his latest thoughts on that and have you heard of the china shale boom . No, but im looking forward to hearing about it. I wonder whether it will be as important for that country as undoubtedly it has been as the United States. Will it be as game changing, one of the big things. Well be speaking to a top expert. How is it there . Pretty cold but im wrapped up warm, fully prepared for this and speaking to some real
Lenovos smartphone strategy is paying off. They deliver a jump in profit as its new hand set business offsets personal computer sales. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. You are watching worldwide exchange. We are just modestly lower, around 0. 2 . It is gdp day and the data we got out specifically this morning for germany and france, that was definitely disappointing. The recovery is losing steam. Lets have a look at the markets one by one and see how theyre responding to the data. The xetra dax is down by 0. 1 . Rew blaming its Renewable Energy subsidies for that big decline. The cac 40 is off by 0. 5 . The ftse 100 outperforming this morning by roughly six points or 0. 1 . Lets get to some of the top spots were watching for you this morning. Balfour beatty up 1. 9 . Carillion says it is confident on the new approach which would pay shareholders an additional Cash Dividend of 8. 5 pence a share. Rwes