We showed objectives and we did it. Every dividend helps tesco restarts its shareholder payout after nearly three years of absence as the largest retailer in europe sees strong growth in sales and profit we looked at how we could become more competitive for customers. The volume increased that we could give suppliers, we changed some of the business shape and the costs. The eu is expected to slap amazon with hundreds of millions of euros in back taxes as it concludes its investigation into the tax arrangement with luxembourg good morning great to have you with us on the show once again. Just want to get through some data talking about the eurozone pmis for the month of september the pmi print came in at 55. 7. It seems according to market, the firms in the eurozone built up a big backlog of work, thats encouraging. We had a couple of individual pmis this morning from spain, for example, very interesting given the latest political woes in the country it was the september number, it didn
Inflation leaves many wondering if president mario draghi to halt for a stock. Germanys second biggest lending beating forecasts with a 15 rise in net profits. And its all change at se seemans. Making the freshly appointed ceo vowed to return the company to growth. Ready to look forward and bring the company back to where the Company Stands for. And it is about innovation, about reliability, quality. And that is what we are going to do by exploring our Market Opportunities and then return to growth. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello and a warm welcome to you. Its a busy few hours here on cnbc. On todays show, london gets its first j. Crew store. But it wont be the last. Well have the ceo first on cnbc to speak about j. Crews expansion plans at 11 20 cet. While other pcmakers are feeling the pressure, lenovo sees its profits up 13 the . Well have analysis of the earnings at 10 30 cet. And it looks like a rough road ahead
Economies Chug Along Despite Rate Hikes; Asian Trade Woes Damp Inflation; Yellen Sees Bank Mergers By Michael Maloney Good day. The world s central banks raced at an extraordinary pace over the past year to cool inflation, but it hasn t proved enou.