Net income as the recovery in the crude price helps oil major boost profits ahead of expectations, while refining margins improve. The u. S. And brazil give ab inbev a headache as earnings slip the brewers two largest markets, despite the tieup with sabmiller progressing well. Front France Equities hitting a high as emanuel macron tears into Marine Le Pen plans before the final election calling her plans nonsensical. To make this happen, we have to leave a system that coproduced you. You are living thanks to it. You are its parasite. Good morning. Glad youre with us once again. Straight to breaking news in the form of central bank decision, this time from oslo. As expected, norways bank leaving the key rate unchanged. The key policy rate will most likely remain at 0. 5 in the period ahead. There is no statement coming along with that decision today. No rate path forecast. It says the 12month rise in the cpi rate was approximately as expe expected. So no major surprised from the norges
Sale. Toyota beats Second Quarter estimates in the u. S. The hour is in and the truce in gaza continues to hold as israel removes its troops from the strip. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to worldwide exchange. Were expecting the composite services pmi out of the eurozone this morning. Weve had the individual ones. Its coming at 54. 2. It was forecast at 54. 4, so its a touch weaker than specd. It does fall on the Italian Services pmi. That is from 52. 9 back in june. Theyre pretty much in line as expected. 50. 4 in the last ten minutes or so. Arrived from last months 54. 2. 56. 7 versus 56. 4 in june. Were around 20 points lower, not much of a reaction, but a touch weaker on that. Lets give you a look at what else is on todays show. India says it has to bring down inflation, but the question is how. Were live in mumbai to discuss how they do that. Plus we ask how companies are doing with the flux in prices. Also,
Surprise rate cut by the rbi. They call it a vote of confidence in the budget. Come on. Urging skilled immigrants to return to ireland and take part in the countrys recovery. Coming up were live in dublin to talk to the countrys leader. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everyone. Im seema mody live at the mobile World Congress here in barcelona spain and the focus on the mobile ecosystem. It continues to expand. Ill be exploring the future of mobile payments as i speak exclusively to the ceo of bbva. Hacking back in the headlines after a freak attack is discovered at apple and google. Coming up ill be discussing Cyber Security with the head of avg technologies but its not all work. Ive also been having a little bit of fun here. A play on some of the whack i can gadgets that have caught my eye. Well discuss that as well throughout the show from mobile World Congress. Once again a very warm welcome to the show today. Lets bring you da