And. Exploding phones, Driverless Cars and Virtual Reality. Its been an eventful twelve months in the the world of tech, but what can we look forward to in 2017 . Well speak to our resident gadget guru rory cellan jones. Welcome to a very Special Edition of Business Live. This year saw two of the biggest political results of the decade as the recent trend towards globalisation took a step back. There are now dark clouds of uncertainty hanging over two of the worlds biggest economies europe and the United States. Lets start by looking back at what happened following the uks momentous decision to leave the European Union. Tonight at 10 the Voters Decide that, after four decades, it is time for britain to leave the European Union. I dont think it would be right for me to try to be the captain that steers our country to its next destination. Across asia today, we have seen shares fall on the major markets like japans nikkei, down more than 7 . Look what happened, it tumbled down to levels
For the oil industry are over. Traditional versus challenger. Lloyds banks misses estimates deposits jump. S we speak to the chairman and cofounder at 8 30 a. M. Gmt. Bit of breaking news kicking off the show today. Rwe, the german utility has told us they are taking an impairment, 4. 3 you billion euros. Nonoperating results. This is 4. 3 billion euros on the german utility. Nonoperating profit will be cut in 2016. Adjusted net income for 2016 will be. 8 billion. 2016 net loss of 5. 7 billion euros. Landscape forg them. From them, the news that is the top line as we get more details. The net loss for the year for r we will be 5. 7 million euros. Futures indicated higher. Europe itself was marching through 14 month high. The s p rates its alltime high. A nice trend in the market. They are up. 2 of 1 . In at the highest level it europe. It was energy that drove the market higher. To be had inief the market in the form of the australian market. Thats have a look at gmm. That is global ma
You cant confirm or deny whether that exists. Icann denies. Trinity accusations sparking a war of words between the white house and the fbi. The latest Census Bureau asked the Justice Department to rebut the wiretap claim. The news as President Trump expected to unveil his executive order and immigration later today. Breaking down changes we can expect coming up this morning. Commanderinchief also has north korea the hermit kingdom firing several missiles into the ocean this weekend. Escalating tensions from the north coming up. Snap just saw the headlines but it may be the Energy Sector you want to keep an eye on. A look at the ips event this last week. To the Broader Market features indicating a broader opening. Dow industrials to a pin down about 30 points this morning. In europe, investors watching several key deals. After it announced it would raise a point by letting dollars in new capital. Also planning to restructure. Gm making waves with the European Business opel for 2. 3 bil
Warships to the royal navy . Were going to talk to john parker who has published on the matter today. Less than an hour to the european open. Lets take look at futures here. Slight gains in futures after the big drop that we saw yesterday and the cash trade of and is unchanged as the kak the dek as well. Keep your eye on commodity for the direction of the market. Its a big future coming through on the g. M. M. Greece coming off of its recent great run. The dollar inching today i dont think its going anywhere. I think its wasting starting to get their arm around. 1 . Euro is down. 210 of weve got austrian vote coming he referendum come coming up. We are watching spread widening across europe. That is definitely a future. We are seeing some of the more core countries. Weve got yields dropping. Belgium moving as well. Another big move in iron other very volatile right now. So well get his take on what has happened particularly on the coal market. Plenty to think about. Heres julian. The s
Some extent. We are seeing some strength in stocks today, although the nasdaq is trading lower. We have the dow and the s p not currently s p touched a record. Dow is currently trading at record levels. Catching up with what we saw the nasdaq jew yesterday. Interesting what we saw the nasdaq do yesterday. Opec unexpectedly struck an agreement on production and whether they stick to the agreement is a question. We saw oil have its biggest singleday gain since february. 48. 35 a barrel. We have seen a surge in volume for oil trading. Whether there was an opec agreement or not, it seems the where oil is traded, cme group a winner here. In terms of daily volume, the green circle is an almost 2 million barrel in a single day in terms of Oil Contracts traded. That was on election day. That was, as you can see from the chart, pretty clearly a record. As you look at all of the oil opec surplus capacity in terms of number of barrels a day, this is a fiveyear chart. We have seen the surplus capa