Dubai. Breaking news. Anna from the clothing retail sector, lets get straight to those numbers. Better than estimates the best way to summarize in terms of q1, 705 million euros, better than the estimate of net profit, firstquarter sales just a touch ahead of the estimate for the first quarter. They are saying that sales in 1 to juneose 15 may 13. And looking at the number, that is coming above estimate as well. Many, thene of the Global Presence is perhaps insulating the company from tougher sales backdrops that they might been seeing in various individual countries. But i would not stop some negative fx implication, we performance of weak performance that they cannot but better numbers, than estimated. Let us turn to the brexit question, manus. The Eu Referendum on the 23rd is just eight days away, marking them off as my calendar goes. We have a series of charts illustrate how the market is looking at the story right now. Manus we have. Look, no doubt about it. Let us talk about a po
New prime mister in place by the start of the conservative Party Conference in october. British Prime Minister David Cameron announces he will indeed step down. Saying a new Prime Minister will need to lead the negotiations with the eu. Francois hollande, the french president , says while he is disappointed with the vote, he will respect the decision of the british people. Hello, i am an that young. Welcome to france 24s special ongoing coverage of the decision by Great Britain to leave the European Union. As we now know, 52 of the population voted yes to leave, with 72 of brits turning out to vote. It was the largest turnout since the 1992 general election. Nigel for roger, the man behind rage hasaign nigel fa declared independence day. Prime minister David Cameron says he will step down. The british pound dropped to the lowest level since 1995 while the result has caused panic across the worlds stop mark. Stock market. Questions are now being raised about the future of the european p
Breaking news coming through. A little bit early, it seems. Manus never too early for a glass. Organic Revenue Growth 7. 7 percent. One of them will have to divest, what are the rules and regulation . Revenue growth 7. 7 . That is the top line revenue. But the volume, the volume of shipping, ab inbev is declining year on year. The episode was for flat line. Coming in at 4. 3 one billion. It is a mess. They have beaten on the top line revenue, missing on volume. The dividend will be paid out at two euros per share. Anna, that is a bit of a mixed result. Dividend in line, their missing on earnings numbers. Anna the megadeal eclipsing Everything Else in the industry. Caroline hyde is with us, back from the mobile World Congress in barcelona. The results from us. Caroline this time, we are seeing Deutsche Telekom numbers coming in ahead of numbers. Netre actually seeing income more than doubled in the Fourth Quarter at 959 Million Euros. You are seeing sales just ahead of estimates, 17. 9
With the ukraine. There is growing momentum for more sanctions against russia. Nato top military commander says russia is sending troops and equipment into ukraine. Later today, there will be a meeting of the eu and u. S. Officials in brussels. With sanctions of the agenda thomas r russian expert is ryan chilcote. In this overall discussion at the moment . What is on the table potentially for sanctions, first of all . There are three options. The first is to expand the list of individuals who have been sanctioned. The german chancellor talked about that earlier last week on the back of the election we saw that the west said was illegal. Individuals involved with preparing the election should be sanctioned, she said. We have appeared to move beyond that now when there is more chatter about economic sanctions. Those could take two different shapes. One could be an expansion of the companys facing restriction. For example, Russian Companies and their ability to Access Capital markets. We
I am anna edwards. Also, talking the deficit. George osborne tells charlie rose that the u. K. Is a front runner in the world economy. U. K. , weularly in the have a budget deficit, even though it has come down by half. Our debt to gdp is too high at 80 . We want to be in the front ranks of economic nations. Russias currency is in crisis, and its economy is unraveling. The ruble plunged to its lowest ever against the dollar despite the Central Banks efforts to stem the route with its biggest Interest Rate hike since 1998. There is the dollarruble over the last two days. It touched 80 yesterday, coming. Own to around 71. 75 today still, the russian Prime Minister held an emergency , deciding not to consider currency controls. The economy minister insists the moves are not reflective of the countrys fundamentals. Of course, everything weve been talking about is on the stabilization of the ruble. Ratelieved its exchange does not correspond with the fundamental macroeconomic development. W