This news that apple could be moving into the auto space along with google . These are some big tech players aiming to shake up the Auto Industry. And they have big piles of cash. On those two fronts, the Tech Companies are in a good position. Where theyre going to their parts from, what kind of engines they were built . He said that they can learn a lot because the cars themselves are starting to become more technology focused. They all have wifi and have an integrated driving experience. But the key depends on how many engines the Tech Companies intend to produce. If they just go with electric, they could get there a lot faster. If they try to compete with combustion engines, it will be a harder road to travel. That the soft the passat won the car of the year. Manus disclaimer, i dont drive a car. Mark we will be back there in a couple of minutes. He is bmws sales chief ian robertson. Manus Mark Zuckerberg stole the show at the Worlds Largest mobile conference last night. He took to
We have also got the overall number at 108. 6. That was forecast at 108. 4. Thats the Business Sentiment index and the Business Expectations. Lets have a look for that has come in at 103. 5. The forecast was 104. 4. So lets just have a look. Overall the expectations just below forecast the Business Sentiment and Current Conditions just ahead of forecasts. Of course this follows yesterdays pmi where germanys came in at 41. 9 down from 52. 8. So mixed set of data coming out of germany over the last couple of days. We saw the euro dollar there bouncing in fact in todays session. Lets get a comment. He is chief economist. Good morning to you. So slight contrast to yesterdays data but still mixed this morning. This ifo sentiment. A bit mixed but not very much. If you look at it the key thing is that Current Conditions have improved a lot and then of course expectations where people are asked whether it can get much better than what the currency is are no longer as stellar as they used to be
Hire in a big way. Machine orders blowing past expectations after a fiveyear high. And a shakeup in why look, Marissa Mayer out a little after a year after taking her from google. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Warm welcome to thursdays edition of Worldwide Exchange. I wouldnt mind walking away with 60 million. A 60 million pay package. Does that include bonus, as well. No, i dont think it is. But anyway you could be punished for that. That was a bad call. Wow. Have you seen the stock price . Theyre going with her for now. Theres a love affair with her for now, but will it continue . Also on todays show, egypts central bank is expected to hold Interest Rates, but will the on outcome of that decision alter that decision . Then, with the worlds biggest money manager black room earnings before the bell today, well look at the firmsco lassal portfolio and ask, is it too big to fail . Its a not so theory for the yahoo ceo. Citigroup is r
Instrument in the tool belt. The protests in bangkok gathered steam as demonstrators defined new security laws and surround key government limits in a bid to top trillion government. A boost for investors, the spanish oilmaker strikes a deal with argentina over a price for the stake in ybs in 2012. And shipping into gear, crisis as it intend toss lift shares on the New York Stock Exchanges. The automakers ipo plans will likely be delayed until sometime next year. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Announcer youre watching hello Worldwide Exchange bringing on todays show, were joined sclus you Business News from around ively by the the globe. Announcer youre watching Worldwide Exchange bringing smiping manager of oocl. See anna looks to approve ads 3 billion Capital Increase were going to enter in as well as the new san paolo chief carlos sanchino attends his first management meeting. Well get the latest on the winter storm thre
Enough to offset the damage if the u. S. Economy goes over the fiscal cliff. And the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying Interest Rates directly to the u. S. Unemployment rate. Plus, investors cheering the plan to save danones plans to offset losses over the next two years. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the program. Coming up on todays show, well be plenty busy. We head out to tokyo where carry enjoji has been talking about the upcoming elections. Then, we hone in on Central London where one Pilot Project is living roof and major buildings. Find out what green living can do go r to improve the area. And today, the 1 billionth International Tourist will reportedly arrive at a destination in the world. At 11 20 central time, well speak to the World Travel Council to find out why france is still the worlds top destination but more money is spent in the u. S. And