Im anna edwards. Were getting numbers coming through from phillips. Fourth quarter revenue came in at 71. 4 billion euros. Broadly in line with what the markets were expecting. Growth of 2 . Of course the focus is on the part of the business that philips is going to keep. They tried to sell to a Chinese Business but the u. S. Stopped them from doing that. Who are they talking about to . What kind of price are they looking for . How has that business performed . What can they tell us about the falling apart of that deal . Their ablingte ability of being able to sell that part of the business and the broader lighting section. Market turbulence and how the china theme is playing out. The numbers surprised everybody overnight. Despite all the turbulence and speculation about china, they raised their guidance. They will earn between six and 640. The earnings per share up by 46 . Their orders for at the mobile business doing better. The Energy Business doing better and of course currencies.
Because of worries of a global slow down. It did trigger the powerful move up today. Dow soared 275 points. S p shot up 1. 75 . Nasdaq rocketed 1. 9 because it contradicts the prevailing wisdom that the fed is on auto pilot to take rates higher no matter what. The rally was all encompassing. Here is the problem of putting too much stock in one days rally so to speak. If you are bullish it is terrific to note the fed isnt going to do something stupid. Hedgefund managers come on tv or call for much higher rates to teach a lesson. It is fantastic that our central bankers dont have the same desires of much more strident hedgefund managers who want to trigger a nasty recession who create a havoc in order to make a lot of money. However, the problems that many of our companies are facing are simply beyond the purview of the fed which makes you upon further review by the overseas markets skeptical of staying power. We are not in charge. To put it in stock terms we need more alcoas and fewer f
Chemical maker, facing corporate casualties in russia. Welcome to countdown. Coming up, nigel garage speaks to bloomberg. We will tell you what he has been talking about immigration and the upcoming general election. 6 00 in london and we are getting breaking news from airbus. Right now it gets two thirds of its sale from making airliners. 2014 sales came in at 60. 7 billion euros, a touch ahead of the estimate. The dividend has come in at 1. 20 euro per share. And estimates they are looking at a slight increase. They are proposing a riaseaise of 1 euro per share. They say they will live the family production rate to 50 from 2017 and increase against previous rates of production. The order intake that measure of how quickly the orders come in 1. 667 billion euros. We are getting various metrics coming through. Their monthly production rate for the a330 will be six per month. The a320 up. The a380 is still a target and that is one of the areas of question around this particular business
Could be the worst year in tescos history. Yanis varoufakis says greece and its creditors are narrowing their differences. A european official says the deadline for the reform to unlock funds is now in june. Welcome to countdown. Coming up, the concoction that could make you invincible. A former executive says the key behind brain function is butter in your coffee. That story later on the. Futures trader out of a suburban house has been arrested in london and charged in the u. S. With 22 criminal counts relating to the 2010 flash crash, which went 1 trillion from the u. S. Market on may 6, 2010. He is due to appear for an extradition hearing at westminster magistrate. We are outside his house in hounslow, good morning. What do we know about this man . Ryan we are learning quite a bit. He lived in this neighborhood, it would appear, with his family in west london just beneath the flight path to Londons Heathrow airport. He was presumably arrested around 12 30 yesterday. What we know is
Hello and welcome to bbc news. 1a people are going on trial in paris today, in connection with attacks in 2015 on the satirical weekly, Charlie Hebdo, and a jewish supermarket. 17 people were killed in three days of violence around paris, carried out by brothers, cherif and said kouachi, and ahmedy coulibaly. The attacks sparked large protests in defence of freedom of speech across france. Our paris correspondent, hugh schofield, has this report. Five years ago, this picture is brought france face to face with a new kind of horror. Shouting, we have avenged the profit, the brothers emerged from the office of Charlie Hebdo where they have just killed 11 people. In the getaway, they kill a 12, a policeman. It is the start of a frantic two days where the two are cornered at a print works north of paris and shot at. In the meantime, there has been another islamist attack. This timea another islamist attack. This time ajewish another islamist attack. This time a jewish supermarket with four