As the former managing director of the Monetary Fund goes on trial over an alleged vice ring. Hello, i am mark barton. And i am in its granny. I am manus cranny. Ryanair is reporting earnings, and their numbers for the third quarter, 40 9 Million Euros, valued above the estimate of 28 Million Euros and a significant improvement on the previous year. It is also above estimates when you look at just revenue. Traffic grew to 21 million customers, and the airline has raised its guidance, as well raising its fullyear forecast. They have done that a few times. They are also planning a 400 Million Euros Share Buyback for august of this year, so the fullyear forecast is raised to 450 Million Euros, and that is around 20 million or 30 Million Euros compared to the previous forecast. Well, lets get some expert analysis on these numbers. Covering airlines here at bloomberg, good to see you. So a strong set of numbers theyre in a period that is traditionally pretty weak for ryanair, so what does t
Inflation expectations have fallen to levels which seem to be fashionably low. I guess the market is poking on the dovish side of that saying or reiterating that they have to be super careful that Inflation Expectations are not the ankle rate. Inflation expectations would equal monetary tightening, i. E. , would harm the fragile economic recovery. Also, that he was referring to the recent data from yesterday that the pmi levels are showing that a stronger recovery is rather unlikely in the coming months. It was probably back in the view of the doves in the markets. We are seeing that directly in the Euro Dollar Exchange rate. The euro is sharply lower versus the u. S. Dollar. Here there was a clear reaction also to the draghi equities are rallying on the back of those comments. But also, the hawks have some reason to see a backing from draghi, he is reiterating they are preparing for the unconventional measures in case the outcome of already taking measures is not decisions to raise in
The Worlds Largest Electronics Show in las vegas. Sony using this time to address the cyber attack. I am very proud of all the employees and partners we work with, as well who stood up against some of the extortionist efforts of the criminals that attacked Sony Pictures and its employees. Announcer youre watching Worldwide Exchange, bricking you Business News from around the globe. Just want to get i up to speed on some data that just broke. Eurozone composite pmi coming out at 51. 4 versus 51. 9. That was the expectation versus what we got in november, which was 51. 1. Again, the december composite coming out at 511. 6. We have had the numbers out of the individual countries. Spain came first. That was a good reading, 54. 3 in euro, came up a little bit off the back of that. We then see that sharp selloff as you can see in the euro off the back of the italian number which was 49. 4 against a forecast of 51. 7. Since then weve had french and german numbers. France was 51. 6 against the
Officials meet regularly, and they promise to cooperate more closely on energy in light of polands plans to build Nuclear Plants. President komorowski had earlier spoken to nhk about the situation in eastern ukraine. Translator i can have no peace of mind about the situation there. I feel its a threat. I have doubts about whether the ceasefire agreement will be observed. Komorowski suggested the possibility of tougher measures against russia. He said the eu should work with the u. S. And canada to impose more sanctions if separatists dont honor the ceasefire. The president criticized russian leaders for threatening to cut the supply of gas to ukraine and warning of an impact on europe. He said theyre using energy as a weapon to undermine solidarity in the eu. Komorowski said eu leaders should negotiate Energy Prices with the russians. Germanys lower house has approved a fourmonth extension of the bailout for greece. Members voted after a eurozone finance ministers signed off on the gre
Partnership. They agreed to have defense officials meet regularly, and they promise to cooperate more closely on energy in light of polands plans to build Nuclear Plants. President komorowski had earlier spoken to nhk about the situation in eastern ukraine. Translator i can have no peace of mind about the situation there. I feel its a threat. I have doubts about whether the ceasefire agreement will be observed. Komorowski suggested the possibility of tougher measures against russia. He said the eu should work with the u. S. And canada to impose more sanctions if separatists dont honor the ceasefire. The president criticized russian leaders for threatening to cut the supply of gas to ukraine and warning of an impact on europe. He said theyre using energy as a weapon to undermine solidarity in the eu. Komorowski said eu leaders should negotiate Energy Prices with the russians. Germanys lower house has approved a fourmonth extension of the bailout for greece. Members voted after a eurozon