Being a lot lower in 02 this year than they were last year. As we well remember, they were running up sharply by last year. Bp has realised that prices were down by just under 40 year on year and a biggerfall, they realise just under 40 year on year and a bigger fall, they realise that gas price, 45 and also down by a 30 , that explains why the puppet are lower this year than last year. Lower, but still quite an impressive number nonetheless. It will always raise criticisms about windfall tax with big energy firms doing well on the back of these prices, though as you have said, they have come down from their peaks. Bp is not a big player in the uk any more. Its from their peaks. Bp is not a big player in the uk any more. Its not a big player. Player in the uk any more. Its not a big player. But player in the uk any more. Its not a big player, but reasonably a big player, but reasonably important. They pay tax there and i think, looking at figures, it is gone away, given the price of co
Approaching 96. Look at shares of meta, the owner of facebook. They have gained 150 so far in 2023. But over the past two months, shares of come under pressure, falling about 4 . They are about to begin the connect event where we expect Mark Zuckerberg to speak. For more on this event and the longterm outlook, lets bring in the roth and kim senior analyst, thank you for joining us. What do you expect to hear from zuckerberg and what are you can for . The most widely expected thing from todays conference that they hosting is a new headset. They will probably launch it, have it ready for shipping by halloween time. That is something that is expected. I think the surprise will be if they launch some sort of glasses or mixed reality glasses like we have seen from Companies Like snapchat. That would be the upside surprise but it is something we have heard as well. Matt how much are these ar and vr things hitting the bottom line . I know they have invested a decent amount of money and they o
Kriti good morning and welcome to daybreak europe. Im kriti gupta in london. U. S. Core cpi rose in august for the First Time Since february thanks to gasoline prices leaving the door open for even more hawkish Federal Reserve. Plus, it is decision day. Will the ecb hike or hold . Traders are betting on a 25 basis rate point hike amid sticky inflation worries. The nasdaq debut. It is the biggest listing of 2023. U. K. Based arm is set to start trading today, priced at 51 a share. What does that do to the macro . It is not the arm story driving it but it goes back to the ecb. It is a narrative when you look at futures trading. You are starting susie green to see green on the screen is silly for euro stoxx futures. You are talking about a hawkish ecb in theory and the stock market in europe should take a little bit of a hit. That is not what is being priced in right now. The question is if we see the 25 basis point hike again, one hike to for that some might argue. Does that mean it is p
Day, gmm , look at the color, equities down for a fifth day of declines for european equities, the worst since november. Stoxx 600 down by its biggest amount since november 9. On track to fall for a second week and the biggest weekly drop since 2016. To put it in perspective, the dax has given up all its gains for the year, up 5 through january 23 and today down 1. 5 . Currencies getting hammered against the dollar in the wake of the strong jobs report. Look at bond yields across europe, the german 10 year yield at the highest since september of 2015. Are falling with bond insurance is your final column on the wonderful gmm function. It is all about the markets, big news on the corporate front, astrazeneca says annual revenue will rise for the first time in four years. They releases a flock of new products from cancer, asthma, and other disorders, their chief executive working to transform the company into a Drug Development powerhouse that could rebound from waning sales of older prod