Corner. Its something we need to navigate through with a steady hand. The Power Grids Division is delivering, now its up to us to make this sustainable Going Forward. Rio in recovery. The commodity bounce back boosts rio tinto earnings as the mining giant raises its dividend and launches a share buyback. And Fourth Quarter sales miss analyst estimates, difficult Market Conditions are seen in the russian and eastern markets. Well speak to carlsbergs ceo in an hours time, 11 00 a. M. Cet. Hi everybody. Good morning. Glad youre with us on street signs. Just want to get you up to date on whats taking place out of india. The rbi keeping Interest Rates unchanged at 6. 25 . They state uncertainty surrounds the u. S. Economic policies at the moment and that changes theyre changing their stance from neutral to accommodative. 5. 75 , and Growth Prospects for the developing economy is improving. A lot of people are saying the upside in india could be more when looking at some of the emerging Mark
With just hours to go before article 50 is triggered we find out how prepared businesses are for this seismic change. And back in the race, samsung gears up to show off its latest smartphone, but can it regain Consumers Trust after its massive recall last year . Im sally bundock. Also in the programme, well be finding out how exporters are getting ready ahead of the uk breaking away from the worlds biggest trading bloc. Today is the day. After nine months of anticipation the uk is set to become the first country to formally tell the European Union it wants to leave. It means the two year Negotiation Process formally begins. For businesses across the continent it is time to sharpen their focus on how to deal with what, for some, will be some pretty drastic changes. Here in the uk Companies Large and small have been coming up with contigency plans, something that is quite difficult to do given the level of uncertainty. And in the case of the big banks some have threatened to move staff t
A london newspaper showing 55 of british people support them leaving the European Union. The tenyear yield at lows. How concerned should investors be about a socalled brexit. Tim seymour . To the broader market, i think obviously theres a mosaic of things. Wow. In terms of the brexit news today, be clear of one thing, theres a lot of publicity forcibly being put into the press in this. In other words, the more people feel comfortable its a done deal, and they will remain, i think the more actually it brings the odds up that they will not. What that means is actually the people that the more people that vote, the more chance there is it remains. I actually think this poll, if anything, will scare more people into actually voting to remain. Thats the labor party folks that need to keep the uk folks in. I dont think the world has changed that much on the brexit vote. If youre playing markets overall on brexit, it doesnt surprise me at the end of this week when you weigh a series of other
Really waiting for tomorrow and the ecbs latest decision. In the meantime, the dow little changed, just up 1 10 of 1 . Energy and technology are the two groups leading gains, as you will see from the bloomberg. In telecoms. A little change in Consumer Discretionary. Energy amtech are the two groups that have consistently been doing energy and tech are the two groups that have consistently been doing well today. Financials thats a group weve been talking a lot about, this seven Year Anniversary of the bull market. Its worth mentioning what has happened to the financials, not just during the bull market, but even before the bull market. Take a look at this chart that compares the financials performance with the broader s p 500 going all the way back to 2007. We have seen the s p 500 make new records. That happened last year. The financials have had trouble sort of getting there. They have lagged. They have helped lead during this bull market, if you date it to below 2009. But if you go b
We begin in the United States where a top general told a pentagon News Conference earlier that 16 military personnel have been disciplined for their roles in last years aerial bombardment of a hospital in northern afghanistan. 42 people lost their lives in that attack on a civilian hospital, which was operated by the medical Charity Doctors without borders. In question said the attack was a result of human errors and equipment failures. Investigations concluded that certain personnel failed to comply with the rules of engagement in the law of armed conflict. However, the investigation did not conclude that these failures amounted to a war crime. The label war crimes is typically reserved for intentional acts, intentionally civilians or protected objects or locations. Again, the investigation found that the incident resulted from a combination of unintentional human errors, process errors, equipment failures and none of the personnel knew they were striking a hospital. That was from a N