Everyone in the world is one of the great challenges of our generation. We are happy to play whatever small part we can. Breaking now, the fourth biggest brewer is releasing its numbers. Welcome to countdown. Coming up, another bloomberg exclusive. Despite recent difficulties, luxury is still growing. First numbers coming through this morning. We kick off with Fourth Quarter. The market was looking for 563 million the costs of doing business is dropping. A nice buffer of capital. But no news is news. We were waiting to hear whether philippa soccer we are still waiting for that. No new ceo. Lets talk danish beer. Sadly there was a bit of a miss. If you are looking at earnings, coming in slightly low. Not too much. 9. 2 3 billion they say profit is up, mid to high singledigit percentages. M a agenda will have to be a low priority. This is a company that is weathering a russian storm. They are the worlds fourth biggest brewer, but the biggest in russia. That is why we saw the share down 2
Japan crawls out of recession with growth slower than expected. How convincing is japans exit from recession . A lot of economists saying that this is a disappointing figure and yet it shows a slight improvement. It shows a slight improvement, but in many ways, what this number is about is the evils of raising taxes in a deflationary environment. Most economists would agree that raising sale taxes in april of last year was a poorly timed move. In many ways, consumer demand has never quite recovered. When you look at the enthusiasm toward abenomics, you dont see a lot of it here in japan. A lot of it is investors overseas who are looking at the different plans the Prime Minister has put together. When you talk to households here, Corporate Executives there is a lot of concern about economic headwinds that are increasing, not decreasing. In many ways, this economic number is not terrible news, but it is a reminder that japan is limping out of recession at best. How much progress are we s
Hello. Welcome to countdown. I am mark barton. And i am anna ed3wards. And i and manus cranny. A key transport hub, the second day of the ceasefire, and we will bring you the latest. Just about 6 00 in london, and lets talk about greece. Euro finance ministers reconvene in brussels, aimed at breaking the gridlock between greece and its creditors. The greek minister said he was confident of a favorable outcome for greece, signs of a willingness to compromise sending greek stocks and bonds higher on friday. And in athens yesterday, an estimated 20,000 people gathered outside the parliament in a show of support for the government. Hans nichols has been monitoring developments over the weekend. Good morning to you. What is the greek strategy going into this . They still want a raging loan, and dont they . They do. They are likely to plead for more time, not necessarily more money. I hesitate to report i am phil in berlin. I will be heading to brussels in a few hours. The market expectation
Redouble efforts to fight terrorism. Will the days to come we learn more about the terrorist and any accomplices he may have had with these events are a grim reminder that canada is not immune to the types of terror attacks we have seen elsewhere around the world. News, anothere chairman richard broadband is leaving. Earnings were overstated by 422 million, the new ceo says he cannot provide any guidance on fullyear profits. Switzerlands secondbiggest bank more than doubled. Revenues rose 77 . Ceo talks to bloomberg about the impact of volatility. Benefitse point it some of our businesses as you mentioned more volume and more volatility. From some points of view that is clearly a benefit but if you get too much Follett Hillary that impacts longerterm views too , that impactsy longerterm views. That is not so good. Nissan joins in, they have recalled more than a quarter million vehicles. In the last year, 7. 8 million cars in the u. S. Have been recalled for an airbag defect. Shrapnel i
Also coming up for you, anger on the streets of ferguson, missouri. New details emerge from the autopsy of a slain teen, and it threatens to push an already tense situation over the edge. Lots to get to, but we want to begin in ottawa, canada, where a soldier, and the man who shot him, are dead at this hour. Authorities still scrambling for answers. This all started wednesday morning in the Canadian Capital when the gunman shot and killed a soldier at the National War Memorial. From there, he ran to Parliament Hill, thats where he burst through the buildings main entrance and then began shooting. [ gunfire ] just got a sense of the chaos at the time. Police say the gunmans name and michael zehafbibeau. Witnesses say he opened fire inside parliament before he was shot by the sergeant at arms. Investigators a bibeau converted to islam and had his passport confiscated after he tried to leave canada to fight overseas. Prime minister Steven Harper addressed the nation. Fellow canadians, in