For you nestors Restoration Hardware is coming after the bell. Lets do a data check. Interesting market. Futures up 5. The yield moved lower over the last 24 hours. Dollar, weaker at 1. 37. Crude back to 100 and barrel. Finally weakens today after a good 6, 7day bout of strength. The yen was stronger earlier, it has given up back. Look at gold, under 1300. Look at the gold chart. Heres the surge in gold. The big rollover from june 2012. This is 1400. Here was the bull dash. People getting feverish about gold. We just bounced right off that. And curious that gold could not get up through that area up. As the vix was pushing you look at gold, and clearly, not the case. Three or four tough days for gold. We have scoured the newspapers and the web for what is important for your front page. First frontpage story is citigroup. The bank failed the Federal Reserve stress test for second time in three years because of concerns about the quality of their process. What does that mean . That meets
This is real money. You are the most important part of the show. Tweet me on eighth al ali vels. Or facebook. Comali velshi. Vladimir putin flew into change high to chum with his chinese pouncounterpart. While they still have not signed a gas pipeline agreement, some say its only a matter of time. This is not just about business. Its also about political security. And the growing confrontation with the west for both china and russia. Russia is the worlds second largest producer of gas and Third Largest producer of oil trailing only hyped the United States and saudi arabia. But there is a vulnerability for russia because threequarters of its experts right nowof its exports right now go to europe. The di veers flying from europe is key. Lets look at china. Its on a coalition course with the u. S. And its allies as it continues to asserting its rights in the oilrich south china seas. Two banks in russia and the bank of china is making waves. Both of these two banks agree to do business wi
The m astrategy at strategy. How to get your Business Customer who is runoff to write your document . This is microsoft going after playing catchup, which is putting their office suite on your ipad. You can look at it, but if you pay to use it, you have to 99. How much of this is catchup, how much of that is statement. Putting the product out to the market, sharing the scene with apple. It does take some big steps. Lets not decry the fact that ballmer was working like mad on this project. It just didnt he didnt get it to market before his departure. Of course were watching the italian banks. Yesterday we had results from the fed. The time, the french, spanish ones. This is by the way italys secondbiggest bank. It posted a 5. 2 billion euro fourthquarter loss. Investors are saying that this means theyre cleaning up their Balance Sheet paired they will be in a much better place in just a couple of months from now. The chief executive who replace the previous one in september is trying is
Is 6 00. Bloomberg reporter standing by, ready to deliver the stories that will drive your day. Live with details of the tugofwar for alstrom. Alibaba could be the largest ever u. S. Ipo, but it fired a warning shot. Story fromhas the hong kong. For twoh bloomberg exclusive interviews. The ceo will break down firsthalf results. Menswear collection for the First Time Ever in london. Several weeks after ge made a , a countertrom offer. We have got the details. Give us the details and tell us more about it. Siemens iswhat really interested in. Its pretty much focused on the turbine business. Offeringment they are 3. 9 billion euros for the gas turbine. The japanese partners are offering an additional pre. 1 billion euros 3. 1 billion , and for the joint venture finally, mitsubishi is offering 900 Million Euros for a 10 stake. For now vehemence is bying their offer trumps ge about one billion euros because it includes more assets. They needed to add a little bit to seduce the french govern
This is real money. You are the most important part of the show. Tell me what is on your mind by tweeting or using facebook. Com alivelshi. Chinas economy is slowing down from the torrid pace. If you listen to some people, you would think the sky is falling. Its not. China remains extremely attractive destination for businesses and invest whorz take a long view and want a piece of the action. Ors who take a long view and want a piece of the action. We learned chinaas Gross Domestic Product, the broadest measure of Economic Activity grew 7. 4 in the first three months of 2014. Now, this 7. 4 is compared to the same period last year. Growth is pretty good. But its down from 7. 7 which took place in the last three months of 2013. 24 is the First Quarter of 2013. 7. 4 is the slowest growth recorded by china in 18 months. Chinas real estate sector is struggling. There is reduced investment in stuff like machinery and buildings. But hello as the head of the worlds Biggest Advertising Agency