Marble in that square. They stop to doing that for a long time. They are cleaning up the square. The statues are being cleaned as well. That seems to me to be a sign that someone thinks there is going to be and assigns of the nature of the economic recovery we are seeing in agrees. And there are others i will bring to you later. Looks interesting developments. Caroline is watching m a news. Bethe British Company getting a company. Climbing on the news. It has been reported in the british press. Based in scotland, and Engineering Company is eyeing a merger. 6. 5 billion pounds merger. It provides services to the mining and oil and gas communities and trading higher on the back. P 18 caroline, thank you. We are watching for japan. The index showing a corporate sentiment. Gains could be shortlived as the higher sales tax kicks in today. That sales tax goes from five percent to 8 . Will autonomic stand up . Will abenomics stand up . Will boj standup . About theoing to be debate of stimulus. Janet yellen, the head of the fed, squarely behind the reality that china aslack they go for more stimulus. That has been in the debate. Lets not forget wk we are looking for purchasing managers. All of that data. Terminal. He bloomberg we are looking for a confirmation that manufacturing is growing at the fastest rate in three years. That is the flash estimate. Not official confirmation. And france, confirmation of the robustness. Germany, declining unemployment. Rise in the manufacturing and the ability to add jobs in that economy. And in terms of some of the companies we are keeping an eye thewe had caroline mention lets see how that is trading. It was near 30 . 28 euros. The two Engineering Companies forn talks of potential doing a deal. And a deal potentially or four al for alstom. Of five. 5 . Up and reviewing their priorities to sell businesses and in the mining industry. The ceo said it might be an appealing time. Nothing new to buy businesses from the miners. Bhp is reviewing the asset sales and considering spinoffs. 20 billion. All on the agenda. Market, of the currency aussie have left behind rates unchanged. 166. Well see how the purchasing Managers Index a run. In one company saying they do not be surprised if we see another higher that is far from done on the outside. They use they leave the rates unchanged. The governor talked again about the high value of the currency there broke through the 93 level. What is interesting from pimco saying to get ready to sell the aussie dollar. Almost like a trade against china. They say china could be the big shock for australia and growth could come at as 6. 5 7 . That is lower than estimated. Or againstthe dollar back to you. Thank you. Our next guest. O joins who is the coci us now. Thank you for talking with us on on the move. Less the sum of the macro themes together. Especially in the United States and the u. K. About the capacity. When interest have to start arising. We are in into the debate and maybe we will start in europe because of disappointing Inflation Numbers yesterday. How much of the capacity do you think is left in the eurozone at how is in influencing the future . About center base of serving what kind of flak is in it economics and also, it has really discussed for the u. S. In the u. K. , we have a more. They have to stay very and for a long time. Even though they do not want to force the markets to go for free they are infore, communication. Very sensitive, that i think europe back to your question, itll stay very accommodating. Where will we see more steam is coming from Central Banks . If we look later in the year, china, japan . I think europe, we have to to more stimulus coming back the economics. It is need any europe. Continue on awill monetary policy. They will think also, reconvene in china even if it will stabilize after the last release. I think the central bank and the in japan will deliver more liquidity measures. Do you think the pessimistic store is overplayed . People talk about the soda and chinese growth. But i think it is absolutely overdone. Numbers, all of the sentiment on china is too negative. We have to put the chinese growth in more perspective. I would like to see people put it in the way chinese goes this year. 7. 2 or seven far 7. 5 . And also and belgium. Put it into good global context. He states a with us. Heres a look of what is coming up during on the move. N andales tax hike comes i off a number that is tested. Greece is on the rebound. Finding more aid. M a dixon to the deal that could help a company be a series bitter against nestle. Againstus bidder nestle. I am anna edwards. This is on the move. Here are the stocks on the move. The corporation, this nearing machineryss finish business. The time newspaper reporting that there may be a bid for metso overvalued at 30 euros per share. The sharem with price is up today. The other company is trading weaker. We talked about autonomic. It is facing its biggest test yet to rein in and biggest debt burden. Prime minister mr. Shinzo abe arrays of the tax rate. Data raised the tax rate. We bring in our economy editor. Japanese manufacturers rose to its highest level since 2007 in the tank can survey overnight. What does it tell us about the outlook . Yes, sentiment for manufacturing and none orufacturers is at a five six year high. The outlook is looking toward agenda. Much lower, expected to fall off which is quite a low recently. Manufacturing is in jeopardy. They are quite cautious. Thepessimistic about outlook for the next three months and possibly further into the year. I do not think it is an april fools day joke when i read, i asked one of the pieces that japanese consumers have been stocking up on is a rolexes to toilet rolss. What defects are we seeing from this increase in sales taxes . Were some increase in spending before the sales tax in the last couple of months. Not as high as what everybody is expecting. Which is showing the demand for lawful not be as much. To get thebig cues commuters. Which is showing the demand is not slowing down as much. Big a shockeen as as everybody was expecting. Japanese companies are quite conservative and they are quite cautious about what will happen in the next couple of months. It does not seem to be a surprising of a change as people were expecting. N, what areto tanke people expecting . Investment is looking very week for the next year. Forecast arrive at a. 1 over the next fiscal year which started today. Japanese companies are not planned to invest at all basically in the next year. Andonsumers do not dispense if it does not come back from is tax hike, the economy, it estimated to shrink for one quarter or maybe more. If that happens, there will be more pressure on the government and the bank of japan to stimulate a with easing to help the economy recover from the tax hike. Japanese companies, the companies we saw today, were very cautious. It remains to be seen what happens after june. But james, thank you. The economy editor. Still with us, asofa, cold chief Investment Officer at the door chuck cold chief investment all cochief Investment Officer at deutsche. Times,about in the talking about paying them up to 30 shares 30 euros per share for metso. Names wehink in some are invested. I do not think we are seeing the whole chance or sector. But nonetheless, stockpicking, if youre able to stock pick in bes area amish you should invested. There are pockets in the world where engineering is really highly demanded like in the u. S. Hisin the oil industry and is and these are the areas you have to look for comes with potential for stocks. Spanishe getting the manufacturing pmi, the games in spain, and through. If the 2. 8 is the rating we are getting debt 53. 8 is the rating we are getting ahead of 5 is3. 8 the rating we are getting ahead of estimates. Great restructuring. And i do think also that the refinancing cost changer medically down and this is a clear push for the economic andress free periphery it is not surprising that pmi is coming down. But you are invested and some european banks. You like some european banks. Released,he data is as a quality test, it might be too late. I do think again that european banks, select the names, a really great chance to perform as they are already performed. I would like to say that it is an area you have to look over. Stay with us. We will tell but the technology sector. Witter is wrapping up they are buying say u. K. Sync. To tell us what the acquisitions will add, here is caroline hyde. We are not allowed to just do one thing, we have to do about two things. First this about the Second Screen phenomenon. And this is about the second discrete phenomenon. They can tweak and interact with us. Remember the fervor that breaking bad caused. It is really very high. We are seeing it brady and the audience back to tv shows. Bringing the audience back to tv shows. Thathooked up with nielsen shows the number of User Engagement around tv. They want to bring it to europe and show how much how much for your pound you can get by engaging more with your viewers via twitter and engaging with your advertisers as well. This is why twitter is snapping up the likes of a french company. Just to bring that phenomenon more into europe. Expanding the relationship and also develop that in asia and africa. This about cashing in on international users, isnt it . Playing catchup. What is so phenomenal about twitter breakdown in sales, most in thesales are actually United States. Most of the years most of the user outside. Are international, but they are not getting that in terms of their revenue stream. 1 4 comes from international and they want to change it. They want to get a coming from europe. Theway is to lure advertisers and show them how much they can get by interacting more with their tv viewers while on twitter. This why they are making such a big acquisitions and maybe more to come. Thank you, caroline hyde. With us. S still lets pick up on the conversation and technology companies. You buying into Technology Businesses . What excites you at the moment . I think technology is a very cheap area of doing that because of the whole. And i do think that from the sector wise, one of the cheapest. What really, some people say it could be in a bubble and they hearken back to the year 2000. I think there are two tells it what you have to look at. As itr less, social media looks like people took profit already in the past. Say that is an area but i do think you have little more on a solid technological area and all of these areas. Tos is the area you have to be able to differentiate. The social media stuff looks like Everyone Wants to be there. It is a little bit expensive and in this part. Asoka thank you. A good distinction there. An important one. Joining us in the studio. Comic up on the program, greeces comeback. David tweed is a live in athens with a look of what is next. Well, it is slightly gaining momentum. The jury is still out if the economy will actually grow this year or not. When i look around, i am seeing anecdotal evidence that maybe we are seeing green. In 10 minutes, i will be interviewing some by from a group that is helping to foster entrepreneurs and startups. Stick around. I will be back. Welcome to on the move. I am anna edwards. Are some companies on the move will. General motors announce a new recall of the one point 5 million vehicles with faulty steering. It brings the number of cars recalled to over 6 billion. The ceo is set to testify before congress about the previous recall. That hearing will focus on why it took more than a decade to recall two point 6 million vehicles over a faulty ignition switch. How young, the biggest fall maker in italy has italia, thetelecom biggest phone maker in italy has sold its headquarters. Facebooks chief executive officer, Mark Zuckerbergs salary was a one dollars. It is down from 500,000 the year before. He owns enough shares to get from 60 of voting power and the stocks have more than doubled in value last year. He does not really these in the cash. We have plenty of european data. Lots to watch. It is all about tmi. The pmi numbers. Manufacturing and unemployment after the fall in inflation. The slack in the economy. Before the ecbs meeting, manus cranny joins us. Of the had a few pieces jigsaw puzzle. From the spanish manufacturing pmi numbers. They gave investors an estimate. What are we expanded expecting . Like a rubber stamp from last week. These flash estimates. Things are good. A threeyear high. German is going ahead. The periphery. The unemployment. Will stay stagnant. No Real Movement or improvement means potential inflation is a lesson. It means of the data burden just sits on your back. We cannot inflate it away . You cannot inflate it away. Zis reforms kick in. It is about capacity. The capacity seems to be afraid. One word, one phrase , you are you call it alluding to the same thing. How hard can you make your assets work . Correct. The three main central bankers, u. S. Have plenty. Mario draghi said it is hard to define and mark carney talks about slacking. A very elegant way of indicators. Manus cranny, thank you very much. Gas permits arise out. What will the end of cheap gas mean for the Ukrainian Government . That is coming up. You can follow us on twitter. Will be back after the break. Welcome to on the move. I am anna edwards. Have a little look of what is happening in the markets. The trading day in the European Equity markets. This the picture. We are little bit stronger on the ftse 100. And stronger in paris. Decent moves. A little higher in early trade. A little bit of a little for what happened overnight in the u. S. Manus cranny is at the touch screen with our top three stocks to watch. Thank you. Lessons check in on, lets check lets check in on metso. They are talking about doing a deal worth 30 euros per share. Sellin the discussions to part of their engineering the. 750 million euros. As we see the biggest miner talking again, simplify operations and looking at potentially spinning off up to 20 billion. That is the view. Three stocks, free deals. About the getting rid of assets or compounding. Thank you very much. These are the top headlines. Chinas Manufacturing Sector is showing weakness. The purchasing Managers Index fail to 48. The lowest since july. Anything below 50 signals a contraction. Iteparate reading shows up improvement from the month before. Index rose topan 17 in march. There reading measures sentiment missed estimates and is forecasted to drop to eight. A plant sales tax hike to 8 went in effect today. European finance ministers are meeting in athens to decide on greeces net bailout plan. An exclusive interview about whether the nation will need additional funds. After the moment, we do not see a need for a third bell out. Bail out. But lets stick to our guns. The basic thing is to continue for the economy to continue. Staying with the greek store, lets head out to athens where david tweed is standing by and is joined by a key player in the start up of movement. I certainly am. Talkingnce ministers about yes, they may not need a third bell out what it could a change on the economy doing better. One of the driver of Economic Growth may be the start up company. I have harris who was with funds. R National Group a Nonprofit Organization into per entrepreneurs. Lets talk numbers. How Many Companies started up in greece last year . 42 new companies a last year. Previously. Versus we are not back to precrisis figures. It does not sound like a lot of companies. What kind of companies . 90 follow the past. All that is wrong. As they focus on restaurant and smaller retail. Not exactly growth. Of the good news is emerging of minority new companies. Startups led by entrepreneurs. What did they start up here . Driven by growth the models. Led by an entrepreneur. Give me an idea of how big that little startup is . Last year, 44. There are not too many but they are having every year. We hope will support, that to be the drivers for the next year. The comments that will be employed people. 1. 2 million unemployed. Hugeannot expect numbers of unemployed. They can of course change the perception about agrees. Think about agrees. That the but, the model for greece. And some of them really growth and create for the economy to start moving. I asked tommy about the entrepreneurs were driving the companies. About the me entrepreneurs who are driving the companies. Oldhose who follow the models will do the new kind of entrepreneurs are similar to international. These are guys who are more extroverted. They have worked abroad before. They understand the business game is the world and not agrees. What kind of companies are starting . More than half, he is technology. This is of course a normal because it is easier compared to traditional companies. Inare also seeing companies food or tourism. These are the companies that are receiving funds. More buyer the traditional more about the traditional versus startup. The roadblock. Explain that. Compared to a few years ago just one day. Our hope is one day. Obstacles after the company start. When you want to operate or launch a new factory, it is still not there yet. If you start a company and do not have to have a factory, it will be much better . Yes, but a problem we need to fix. How we you fix . How will you fix it . Something the government needs to do . Tell me more about, you mentioned half of the cons are in the tech and a half in agriculture and tourism. Give me an example of your favorite startup. Just give me an example. International company that produces software for small and medium enterprises. 1. 5 million. It is an example of an was greeted byat the private sector experience. Of techa great example focus but locally based a. Is, thank you. The us down the number that maybe one day to start a business my take away is the number that maybe one day to start a business. It takes a lot longer in germany. Something is going right here. Tweed, thank you. He is and at this. Gas prices have a raise in ukraine. He is in athens. Raised ince have ukraine. What does it mean . People talk about gas as a potential weapon for russia. Sometimes it is just a commodity and maybe that is what we are seeing. Paying 260 per cubic meters of gas. Everybodye measure uses. Battles for the First Quarter. That has gone to 385. They