What are we covering . Is janet yellen going to be trumped in terms of what is happening with russia question mark we saw a russia . We will talk more in a moment. I am looking at the eu and the u. S. Both of ratcheted up sanctions against russia. Ofwas the sanction individuals and a handful of companies, and has gotten much broader. Were talking about a lot of companies, some of them very big. One of those companies that has been sanctioned is the Worlds Largest publicly traded producer. Web some breaking news for you. Sap biggest Business Software company in the world saying that operating profit was 1. 2 4 billion euros, shy of analyst estimates. This is a company that is trying to change itself around with getting a reorganization. They are trying to focus in on the cloud. Saying secondquarter software and Services Revenue [inaudible] we have operating margin ahead of our missed estimates. Where speaking to the chief executive of how much they can push the cloud. We were talking ab
They are trying to diversify themselves and sell content. Kb bskyb happens to be the secondbiggest shareholder. Lets see how that plays out. Lets cross live to berlin. Sap having they will be cutting jobs. Remember, this is the worlds biggest Management Software company. Bill mcdermott takes over as the sole chief executive next week. The company confirmed there will be thousands of job cuts right across the business. This will provide more Good Software online. The chief Development Officer says the software should become more like lego. I will be back later to explain what he is talking about. Looking forward to that report. It is a big day in terms of the Inflation Report in the u. K. And the world is watching. You have the bank of england trying to push back against expectations. Unemployment is below seven percent. Wages have started to turn the corner. The more that accelerates, the harder it will get for the bank of england to justify keeping rates at record those. We know there
Kinds. You can have mallard ducks. There are different flavors of ducks. Corporate said bskyb. Corporate and bskyb. A lot of moving parts. They added 74,000 subscribers. To find competition for bt. Defying analyst. They did have a little bit of profit erosion cuts costs are up. That hurt revenues. As you can see, investors very happy right there, because there were a lot of analysts that were saying for the first time in 15 years, since they basically got in the paytv game, we were going to see a drop in sky tv viewers, and we did not. Bskyb gaining five percent in todays trading session. One of the few stocks that is open. Hans, you are following m a and prints and sprints possible bid for tmobile. They are talking to bankers and want to get their financing lined up to take over tmobile u. S. They need Regulatory Approval. The it if the fcc and in u. S. Department of justice. We will break that down in 10 minutes. Hans, thank you. I am looking forward to that conversation. Manus, we h
Beautiful enjoy it because temperatures will cool beginning tomorrow and into the week and will talk about that and the tell coming up in just a moment but at 601 us never to the traffic center. Any problems. The one problem we are tracking has cleared and rather nicely. An accident on the nimitz freeway north about 880 embarcadero now gone from the traffic lanes and from the freeway. The chp is completely wrapped up at the scene of the accident and traffic here it is quickly than thankfully report returning to normal. No. Did at the bay bridge of the metering lights have been activated for just about 20 minutes. There were turned off fairly early and the back up is already starting to build past west grand ave. And even the 80 the approach is starting to back up as well. This happened in the parking lot of the chevron gas station. Some of the great actor involved in this accident. New information this morning santas the police just told us that the victim in this is in Critical Condit
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