First half net profit jump for roche as they lift their Sales Outlook for the year the ceo tells cnbc the trend will continue into 2020. Given the strong momentum we have with the new medicines, we also expect growth beyond the current year and to be able to continue to overcompensate the effect of the entry of the bio similars. Astrazeneca shares hit a record high as they beat Second Quarter estimates. The ceo hales strong growth in cancer drug sales. It was a growth rate of 19 this was driven by oncology Franchise Growth of 58 . We got to 4 billion for the first half, china grew by 35 . So very great driver of growth for us and ab inbev beat Second Quarter forecasts as beer sales grow at their fastest pace in five years, while diageos ceo tells cnbc a taste for gin is boosting performance a lot of that growth is coming in the early evening occasion from ill call it boring wine an boring beer an beautifully served tangaray and tonics have a beautiful space to play. Just some of the la
Topped estimates signaling optimism around new Iphone Models. It is different for samsung. Shares drop after reporting sharply lower profits amid global trade tensions. Matt welcome to bloomberg daybreak europe. We are getting figures from Credit Suisse in switzerland, secondquarter net income was 937 million swiss francs compared to the estimate for 788 million swiss francs. Really beating the estimate on the bottom line. As far as revenue, Credit Suisse says Second Quarter net revenue was 4. 5 above the street estimate. Total revenue was 5. 50 8 billion swiss francs. The estimate was for 5. 34 billion francs. Leading on the top and bottom line, secondquarter wealth 9. 5gement net new assets at billion swiss francs. Credit suisse, doing quite well in terms of the streets estimates. A beatit comes in as it for bnp paribas, secondquarter net income, 2. 40 7 billion euros. Euros. 7 billion looking through the details, bnp paribas Second Quarter revenue rising 8. 8 to 793 Million Euros. F
And well be getting the inside track on signing up online for a box of goodies, which makes you feel and look great. Sounds too good to be true. Today we want to know. Would you pay 1,000 a month for a robot to clean your home or your office . Is it a good idea or a very expensive gimmick . Do you prefer the human touch for much less . Let us know just use the hashtag bbcbizlive hello and welcome to business live. Get in touch as sally says, use the hashtag tojoin the get in touch as sally says, use the hashtag to join the conversation. But First Oil Prices are rising again after tensions in the gulf have escalated. Iran seized a british tanker in the straits of hormuz on friday, and libyas Largest Oil Field declared force majeure after interference by an Unidentified Group shut down production. 21 of all the worlds traded oil passes through the straits of hormuz it is a Critical Energy chokepoint. This morning, theresa may will chair the uk governments Emergency Committee cobra to dis
Into the second session of the legislative council, which means at the end of that period, the bill, for all intents and purposes, will not be revived. But she never said it was dead. Shes been under pressure to actually withdraw the bill completely, to take it out of the process altogether, and shes refused to do that. I mayhes saying is, if put my interpretation on it, shes saying for all intents and purposes, the bill is dead. I will not revive it. Shes using that wording to say the bill is dead. That is why we are saying, is the bill dead . Well, yes it is, for all intents and purposes, but not withdrawn. I would find it very unlikely that any of the protesters find this to be a satisfactory way of dealing with it. They still want to see it withdrawn and she refuses to do that. I suspect it is a matter of face. , thee even last week protesters rejected meetings with her. David tweed, thank you for that update. David tweed joining us in hong kong. I mentioned how things are looking
Investors await the final pricing for the asia operation. They hope the Chinese Market will help drive down debt. Shery lets get you started with the quick check of the markets. Close of the thursday session. Reaching record highs with the doubt surpassing 27,000. S p 500 very close to the 3000 level. We have financials and industrials leading the gains. We got the tweet earlier in the session from President Trump saying china is letting us down. Bit. Took markets a little they were able to recover as we are focused on chair powells second day of testimony talking about the fed having room to ease and ties between the Unemployment Rate and inflation. Yields have 10 year reaching one month high as we got u. S. Inflation numbers coming in the hotter than expected. This friday we are facing a modest retreat in asian stocks after a two day gain. Hares flipping at the closing chinese trade headlines the agenda which comes after trump complained. Malaysia,e gdp plus japan, and india. Theill