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
South korean authorities formally charge the heir of samsung, jay lee, with bribery and embezzlement in the Corruption Scandal that has rocked the countrys political establishment. Were minuting away from speaking to the co of apple supplier after Warren Buffett tells cnbc he has doubled his holding in the u. S. Tech jintd. Good morning, everybody. Good morning. Good morning. Pancake day. It is pancake day. Were very excited. We have a crepe interview in about 45 minutes time. Were a global channel, well still celebrate. Any excuse for a pancake. European equity markets flat as a cpancake this morning. These are flat markets, and buy in large we may be waiting on this state of the Union Address to come from President Trump later today to a joint session of congress. More on his plans to cut taxes, deregulation, infrastructure, possibly also defense spending hikes, he could be talking about that. The issue is whether or not he underwhelms in terms of Market Expectations and whether ther
Welcome to countdown everybody. Friday morning, i am an and words. 6 00 here in london. Let us talk about the Global Equity markets. Yesterday we talked about how global stocks had the highest level since december. Things looking more sluggish overnight, a slightly weaker section in the u. S. And a weaker session in asia, despite the fact we saw a pickup in the oil price, often enough to turn the mentality around the stock market. Let us look at the rally during the trading day, here on white in a bloomberg with a rally that we have seen in global stocks, dating back to late january. We have also seen upper limit on in gold and silver, of course we talk about that on the program. Buying Precious Metals and buying the yen, despite the buying a stock. As the title of the chart suggests the markets are perhaps far from convinced about the strength of the moves that we have seen in equity markets with a rally we saw and equity markets the last couple of months or so. Let us check out the r
Its a busy morning for marks. Heres the bloomberg of carolyn hyde. 30 a barrel. The shanghai composite closed 6. 4 . Theyre not the highest of 2013. Some Bank Officials are said to have been anticipating a close all thats whether to expand records. They dim the ranch. The governor used to dabble to play down the impact of lisas turbulence on the economy. Meanwhile the federal economy says its meeting to decide whether they will pro side as planned today and tomorrow. The participants are unable to a tend in person but they can take part in a video conference. In washington as well as the federal government following a severe winter storm. Guy, back to you. Were less than and its having an impact. Let me show you what the live look likes. Ook at by 1. 4. 1. 3 for the company. It followed righty aggressive hang high. A quick look at oil. Friday, down 5 . This morning 29. 56 the shanghai id composite down by 6. 42 . I think this is fascinating. The e. C. B. Will do even more. Scentst. Eig
In london. U are watching the pulse Francine Lacqua on assignment today. Lets get you up to speed. Nejra thanks. European stocks are following for a second day on growing concerns over china and the continuing oil price rout. The shanghai composite slumped by 6 . At the same time, crude has plunged below 30 a barrel. A Hedge Fund Manager who is chinese stock thats returned 6000 says investors should sell their shares asap. Hes carried a winning streak into 2016 returning 35 so far this must. But now his adv cash, wait and watch. The Federal Reserve says its it is meeting to decide interestrate policy will proceed as planned today is tomorrow. Fed officers in washington as well as the federal government were closed yesterday following a severe winter storm which had distracted travel in the region. News 24 hours a day powered by our 2400 journalists around the world, from the bloomberg first word desk,. Guy another busy morning. Risk off the theme. This is the picture across europe. Mar