And adjust for growth rates, there is not a meaningful valuation difference. Haleon eyes higher revenue in 20 24 and the ceo says shoppers are sticking to brand names. Moving to private label is minimal. We have seen Little Movement to generics with a pharmacy business in europe. Overall, categories have moved well. And the luxury brand beats with a 17 jump in group revenue. And air france shares are wider in the Fourth Quarter despite record fullyear re revenue. Good morning and good afternoon to everyone. Happy leap day. Lets get back to earnings. Hong Kong Exchange has posted a 13 drop in Fourth Quarter net profit. A slowdown in the chinese economy and fewer listings hit the volume at the hkex hit at 20 . Emily tan spoke to the ceo and asked him whats guiding sentiment. Interest rates are important, especially in the market like ours, with a lot of Technology Companies. This high pe companies, like hkex, we are trading 20 times e earnings which means cash flows are in the future. Ha
the dax higher as well. you see a lot of gains across the board. let s get back to the sectors. defensive. health care, telecoms. just above the flat line oil and gas down that s an interesting one to note you did have brent somewhat recovering now down .20%. the defensive stocks and health care down. construction and materials up 1.8% the building scene and the mortgage environment here in the uk interesting one to note. home build ping is having a boom we want to give you a look at the european the mega cap value tech stocks state side they were the big sufferers. here in europe, you are seeing a bit of recovery across the stocks nokia is higher. st micro is the only one down .50%. we have been keeping a close eye of chips, julianna rosanna, i made a better choice with my green dress it could all change by the end of the day on that note, let s look at u.s. futures. we are trading higher this morning. u.s. futures with a positive start. dow jones industrial average at
A political crisis is brewing in germany. Who breathes down your back . Alexey prokin figured it out. Hello, you are greeted by the Information Service of the ntv Television Company, in the yulia bekhtereva studio. Israel is expanding its shelling radius in the gaza strip. This was stated by the Palestinian Ministry of health. They noted that the death toll is growing not only in the north of the territory, but in the south. It was there that tsakhal called on civilians to evacuate. According to the latest data. V almost half of all houses in the enclave were destroyed. The Regional Government compared this situation to the bombing of hiroshima. Since the beginning of the escalation of the conflict, the idf has dropped more than 12,000 tons of explosives on the city sectors. That night , the Israeli Military worked in a different direction, striking syria. As a result of an air attack in the south of the country , eight soldiers were killed and seven more were wounded. Hamas is also at
Increase fourfold. This is going to take longer than we thought because of the interruptions in the Energy Security because of where the moneys going to go. And stay tuned as i speak to the ceos of bp and shell and other Energy Groups coming up on programming. Chinese factory expands for the first time in six months as the country eases into the golden week holiday. European index gains boosting hopes the fed could be done with hikes. Wall street highs a positive trading month. And kicking the can down the road. The u. S. Government narrowly avoids a shutdown. President biden points fingers at hardline republicans. My colleagues brought us to the brink of a Government Shutdown. Enough is enough is enough. This is not that complicated. The brinksmanship has to end. Warm welcome to street si signs. Quickly getting data in from the pmi. The eurozone september final pmi in at flash estimate. Eurozone activity is mired in a deep downturn according to the survey data. In terms of the detail,
Sectors rally and u. S. Futures trade higher after the long weekend break. Opec and allies ease output a fraction announcing a symbolic cut of 100,000 Barrels Per Day from october. Reversing this months hike. And shares surge after the government agrees to a 2. 5 billion euro Emergency Support package. Welcome to street signs. Lets kickoff the top story. Russia will not resume gas supplies to europe until sanctions from the west are lifted that is according to the kremlin spokesperson who reiterated putting nord stream 1 is dependent on sanctions being removed. This somcomes that repairs are needed saying it cannot comprehend gazprom representation of the situation and findings do not constitute a reason to cut supplies the comments come after the deputy ceo said an oil leak needed to be fixed before resume russia will fix more oil to asia the countrys Energy Minister warned of further volatility of Energy Prices. This comes after brussels recommended a cap on gas prices according to t