of light coming through. >> very, very good progress on our legacy. 30% reduction on the bad bank. going back three years, 50% of our capital was tied up to legacy assets, today that's down to 20%, a very, very good performance from the core bank. vivendi shares sink to the bottom of the stoxx 600 on a report milan prosecutors have opened an investigation into vincent bollore over charges of market manipulation in the mediaset stake. china hits back after president trump brands beijing the grand champions of currency manipulation just hours after treasury secretary steve mnuchin tells cnbc he is not making any snap judgments on beijing. >> we have a process with treasury where we go through and look at currency manipulation across the board. we'll go through that process. we'll do that as we have in the past. we're not making any judgments until we continue that process. welcome. kind of like that. good morning and welcome, gelcome. our european equity markets this morning, maybe a bit of a guac bowl. down 0.2% at the moment. just wrapping up what has been an eventful week, also digesting some of the latest comments that trump was making alongside with mnuchin as well. we'll talk more about that in a bit. our european equity markets opening lower, apart from some of the smaller markets which within the last hour have turned negative. everything is negative now. our main european sectors also reflecting that. to the down side you have media, chemicals, basic resources off bay percentage point. raw materials, commodities coming off quite a bit. copper, iron ore trading lower. that's pushing that particular sector into the red. >> and banks not doing well either off by 0.4% when it comes to sector. let's get to some banking names. standard chartered being one of them. they have returned to profit with a 409 million dollar haul for full-year 2016. the emerging market lender beat estimates but the ceo said the bank's returns were not where they need to be and they do not reflect the bank's earnings potential. shares in rbs are trading lower after it reported its ninth straight year without a profit. shares off by 2%. the numbers were hit hard by restructuring costs and misconduct charges which saw the lender post a 7 billion pound annual loss. the british bank added it was planning to cut costs by 750 million pounds. steve spoke to rbs cfo stevenson and asked him if the bank was still struggling to turn things around. >> obviously it's difficult to announce that sort of loss, one of that magnitude. as you said there were 10 billion pounds in offs, restructuring costs, ongoing conduct costs. winding down the bad bank and the payment to the government. i think underneath that you see two things going on. firstly, very, very good progress in winding up our legacy. you know, 30% reduction in the bad bank, if you go back two years, 50% of our capital was tied up in legacy assets. today that's down to 20%. and a very, very good performance from the underlying core bank. >> in terms of the one-offs, another 6 billion for conduct costs, a large part of that rnbs, that figure could be 10 billion pounds, it could be 15 billion pounds. when will we get a final figure? >> we've been making good progress, obviously with u.s., rnbs, we're still in discussions with the u.s. department of justice. we don't have new news to update the market on today. we would like to get that resolved as quickly as we could. we would like that fully provide for if we could this year that would then set us up as we announced today to make profits in 2018. >> can the mank move on until you got clarity on that? it's a dark cloud hanging over your rivals. until you get clarity, can you move on? >> there's been two significant issues overhanging the bank in recent months. one has been williams and lerman, the other is rbns. >> let's get more into this with the senior credit analyst from hermes investment management. let's cut to the chase. is a bank like rbs still investable at this point if it's still embroiled in so many legacy issues? >> i think the answer is yes. i think it's more than the legacy issue, it's the restructuring costs, because at rbs we have something which i call the recurring restructuring costs, which is a bit of an oxymoron in itself. really the profitability of the bank which has not been that bad over the last five to seven years, it's been brought down by restructuring costs, and they're taking more in the next two years. the doj in america is very important. they're making progress. it seems they may go close to a settlement, but there's no announcement yet. >> i think you hit the nail on the head when you talk about the restructuring costs and cutting so many revenue drivers. the risk is always that you're cutting too much. they want to cut another 2 billion pounds over the next four years. what's the risk that rbs in four years from now will not be able to turn a profit anymore because there isn't anything left? >> yeah. this is very true for corporate management of rbs which at the moment makes something like 11% of the revenue. if you chart it back to 2012, it's been really a downtrend, very, very severe. of course there are questions was the strategy right to cut so strongly in the investment bank? in hindsight you may say it was not the best. >> the question on whether or not they can move on before the litigation issues and doj issues have been solved, do you think they can? >> i think they can and they must. if they agree with the european commission, the disposal of williams and glenn, it's been a nightmare, a cost of 1.5 billion, if they come to an agreement with the doj in the first half or second half, they can focus more on being commercially active in the uk. on the retail bank, the bank has not been so bad. >> it is pretty extraordinary, they had more than 50 billion pounds worth of losses since the taxpayer led bailout of 45.5 billion. still 72% owned by the uk taxpayer. we don't feel like we're anywhere close to seeing that 72% figure decrease. >> you're correct. that's on trade to report tenth straight year of losses within the western hemisphere is unmatchable so far. but, yeah, i guess they know what they're doing, and hopefully they -- these 1200 days of restructuring will come to an end. they may return to profitability in 2018. it's quite a statement coming from them. they have been sanguine over the last few years. >> that does sound ambitious. they see the environment challenging for 2017, but nonperforming loans are down. is that the metric? >> it is. the commodity price on the oil and also the fact that they're very short on book, the average ratio is 3, 3 1/2 years, when there's an uptick in the commodity price, i think it's right because it doesn't want to disappoint shareholders, if the second half of the year is very bad to come back to the dividend decision. >> thank you very much for your time. >> thank you. e-mail the show, the address is [email protected] and find us on twitter, streetsignseurope@cnbc and tweet us directly at @carolincnbc or @louisabojesen. >> bald men. >> yes. >> bald men. we're celebrating baldness, a lot of people are. look at this. members of a bald men's club in northern japan, they held their annual competition honoring hairless heads. the night included a unique tug of war using their heads and section clubs. the club has members across japan, but the motto is to view baldness in a positive manner. have fun and brighten the world with our shiny heads. >> that guy isn't bald. >> cheating a bit. >> i have a friend who says you need to look at baldness as -- he said this is a solar panel running a high-tuned sex machine. i thought it was brilliant. >> not always bad. andre agassi. >> it's never bad. never bad. no it's a sign of strength. yeah. it's an attitude one of our guests might share, later in the show we'll speak to the entrepreneur behind the razor subscription service friction free shaving. hi everybody. welcome back. you're watching "street signs" on this friday. samsung top executives have offered to resign amid a scandal involving the south korean con dmr conglomerate. good morning. >> good morning to you. the two executives are the vice chairman and the president. the vice president has more than three decades of experience at samsung. the other executive is the president, and earlier today samsung issued new transparency rules that involve corporate donations to csr related activities or funds, in essence donations that go to charitable organizations. they say anything above 1 billion yuan, about $880,000, needs board approval. samsung was already trading lower before the news about the offer of resignation by these two executives, but it continued to trade lower after that news broke. samsung down 2.5. the kospi down 0.6%. we saw the dollar soften in asia trade as the yen strengthened, that weighed down on the nikkei, which ended down a half percent. toshiba up 4% as they outlined more plans to sell a majority stake of its chips business, which is the crown jewel. they say they will have the terms of the sale by the end of the month. back to you. >> pauline, thank you very much for that. the dutch far-right politician has suspended campaign amid next month's elections after security concerns. a government employee who provided security services for him was arrested last week for leaking information about the politician. the uk's opposition labour party lost the copeland by electi election, but labour did win on stroke on trent, seeing a challenge from ukip. presidential hopeful emanuel macron has begun laying out his plan, saying he would cut tax rates and lower welfare spending if elected. claire joins us from paris. this is not dramatically different from what we've seen in previous governments. can he reinvigorate the electorate with that? >> that's spot on it. doesn't make a huge break from the policies. basically with macron you have a bit of both worlds, you have a strong welfare state and you have also a toughness on public spending and the pro business angle. he wants to cut the public spending by 60 billion euros. he wants to reach the deficit target of 3%. and he reaffirmed his attachment to the european union, but he also wants to cut taxes, for example, so that will cost 20 billion euros. he will cut taxes for businesses, and also for individuals. and he will cut the corporate tax to 33% from 33% to 25%, which is the eu average. and he also wants stimulus package of 50 billion euros for the french economy. it's kind of a nordic economic model he's proposal. and he's reaffirming in these economic measures is that he's compatible with the center right, and he made the news this week by announcing an alliance with veteran centrist francois balore. >> translator: the political climate has changed. that's the shared conclusion we have come to. we cannot continue as before. national front is at the gates of power. it's playing with fear. >> so yesterday the two men were saying that this was a huge turning point in the campaign. a new era in french politics. we'll see about that. we'll see also if the potential voters will all turn to macron giving him the 5% to 6% of vote intentions that balore has for the elections, it has yet to be seen if this is bad for him, because he is not really liked by many in france, because he supported hollande in the last elections and they did not like that much. vivendi shares at the botmebot me bottom of the stoxx 600 after an investigation has been opened into their chairman, vincent bollore. shares of basf under pressure after a 6% fall in adjustedebit. higher oil prices presented bosstibos positives and negatives for the company. >> oil and gas prices should be above the level, that should help the oil and gas businesses. in chemicals, we have slightly lower raw material costs, and we are able to push up state prices so we can maintain margins due to a good underlying market demand. and solvay shares are under pressure after a 16% rise in core profit in line with expectations for the fourth quarter. the chemicals group expected earnings to grope by mid single digits in 2017 and proposed a higher dividend for 2017. pearson posted a loss of 3 billion pounds for 2016. the group also reported a 21% drop on the year in adjusted operating profit and announced it has started exploring a possible sale for its english language business. the ceo john fallon commented on the current environment. >> it is tough, but two numbers i would draw your attention to which show the future and promise of the company. the first is finding the $50 mi million and paying down the debt early, over 104% cash conversion. the second point is the 50 million pounds, that's how much we are investing each year in the digital transformation of pearson. the pain and disruption on the analog side is greater than we thought it would be. i hold my hands up. we underestimated that. but the promise on the digital side is greater than ever. the pearson ceo saying that it still has a tough environment. roger jones is with us. good morning. >> good morning. >> he's saying it's a tough environment. you pointed out there's been a knee jerk reaction towards cyclicals in the run up to the election and after the election in the states. since then, what type of trends have you been seeing? >> that's very much been the case. also even before the elections pmis started to improve. we had a better cyclical back drop there. this was accelerated after the u.s. elections. we saw more defensive quality stocks outperform, then after brexit we saw the reversal, pmi back up, bond yields back up, and cyclical value come back into favor in terms of markets. these have been driven very hard post u.s. elections. it's continued this month and this year indeed. >> a lot of our guests say you have to be stock selective at the moment. many of you still like financials. for how much longer are we liking the financials? >> yeah. it's a good point. in terms of financials, we're very specific in what we like. we like u.s. financials. it's almost highlighted today by some numbers you see in terms of european financials, where they still have a lot to do. still a lot of work repairing the balance sheet. the question there for european financi financials, is there enough time before the next difficult economic period comes along and they have to really face that with a capital position that maybe isn't as strong as the u.s. i think the u.s. financials still look well positioned. how long will it last? the big question there is in terms of how quickly these move. they move very quickly already. i think there's probably another leg up when we look at valuations, they're certainly not back to long-term averages, which i think still adds some support. contrary to the trend we've been seeing, you like some of the defenses, including global growing staples like nestle, n danon. is this an industry specific story in that you're chasing the m&a story? >> no, i think m&a highlights the point that these became very oversold and undervalued. you rarely get that in these compounding investments. when these come along, one has to take them. we had kraft heinz bid for unilever, i think that showed there was value emerging. the longer term dynamics of these franchises, they are very well set. in the first half of this year, probably not so much of a top line revenue growth story, but a lot they can do in terms of operating margins and improving efficiencies. >> one sector you wanted to avoid within the defenses, that's pharmaceuticals. that's a tough space to i vest in given the political risk and rhetoric around that in the run up to the election and after. why do you wanted to avoid this? is it purely political? >> no. we've seen quite a recovery this year in pharmaceuticals, and the stocks have bounced up. it's very much due to the pricing environment of pharmaceuticals which is extremely tough. not just political pressures, we have big structural change, we don't know how that will play out. it seems to speak to too much uncertainty. we also have had massive consolidation in terms of pharmaceutical benefit management companies, which is driving better pricing terms for customers and for insurance companies. i think all these pressures really are compounding for pharmaceutical industry which has probably been overearning for many years. so it looks optically cheap, the reality is there is room to overcorrect. >> roger jones, thank you very much. we'll be back after a quick break. but check out world markets live, our blog which runs throughout the european trading day. hello. welcome. you're still watching "street signs." i'm carolin roth. >> i'm louisa bojesen. your headlines today. standard chartered swings back into profit for the full year, but investors are unimpressed as the ceo says returns are underwhelming and issues no dividend for the year. it's the ninth straight year without a profit for rbs, after the bank posts a 7 billion loss. the cfo telling cnbc he sees some rays of light coming through. >> very, very good progress on winding up our legacy. 30% reduction on the bad bank. if you go back two years, 50% of our capital was tied up in legacy assets, today that's down to 20%, a very, very good performance from the core bank. vivendi shares sink to the bottom of the stoxx 600 on a report milan prosecutors have opened an investigation into vincent bollore over charges of market manipulation in the mediaset stake. china hits back after president trump brands beijing the grand champions of currency manipulation just hours after beijing says they're not seeking an advantage. >> it's leather friday. >> we did both get the memo. let's talk about the markets and the dow. the dow has done something it hasn't done in 30 years. you know what that is? >> tell me. >> it has seen ten consecutive record closes in a row. not bad. the perfect ten. let's see how we're shaping up this friday. looking to take some profits. the dow jones off by 12 points. s&p seen off by 3. and the nasdaq off by 11 points. the nasdaq was off yesterday as the tech sector snapped a 15-day winning streak. let's show you what's going on here in europe. we're seeing a sea of red. the xetra dax off by a third of a percent. well above the 12,000 handle yesterday, but couldn't hold on to that. the ftse 100 off by a quarter of a percent. we have more earnings, some of them disappointing including basf. for the week we're on track for a gain for the european markets. let's look at the dollar weakness. it is on track for its first weekly loss in three. the euro gaining some ground against the dollar. just very slightly. 1.0585. the euro has been benefitting from this centrist alliance in france. the dollar/yen is at 1112.44. purpose has told reuters a border adjustment tax could lead to more jobs. it has received luke warm support from american businesses. the president has previously offered his own mixed messages on the plan, but has vowed to penalize u.s. businesses which move jobs abroad. trump has declared that china is the grand champion of currency manipulation. his comments came after the treasury secretary, steve mnuchin told cnbc that he wasn't making snap judgments on bay sing and currency controls. the china foreign ministry said they were the grand champion of economic development adding that china has no intention of seeking advantages via an intentional devaluation of the renminbi. kit juckes is with us. the exchanges continue. trump sounding a slightly didn't tone than what mnuchin is sounding. how do you think the chinese are viewing this and how should currency markets view it? >> i think the chinese are getting used to this style of diplomacy, which is new on them. i always thought one day they would respond by saying let's stop intervening to defend our currency and let it fall on its own and see if you like that, and we won't be manipulating. that's the schoolyard response. in practice, it is actually calming down. in the sense you get the impression that the pace of capital outflows from china has eased off somewhat. so the currency won't weaken perhaps as fast from here as it looked possible at the end of last year. the renminbi will weaken again in due course. >> trump has been in office for a month now? he promised a phenomenal plan with regards to taxes before early march, by early march. we still don't have the details on that. are you in the camp thinking we'll continue to see a strong dollar through this? >> yes, i think we'll see a strong dollar eventually. it's going to be slow, partly because, yeah, it's now an extraordinary tax reform we're hearing. it will take time. you won't get a big boost to growth this year. you'll get more help next year if we get the tax plans through. underneath it all, the assumption is we'll get more accommodative fiscal policy into an economy which is close to full capacity and the federal reserve will tighten policy faster than they would have otherwise. the contrast between what they're doing and what the bank of japan is doing will remain striking, the dollar will strengthen. i come in this morning to find it was three steps forwards for bond markets at the beginning of this week and two quarters of a step backwards, and here i am again, it's very, very slow. you need higher bond yields to get the dollar up. >> that's very much reflected in the dollar trade. we're on track for the first losing week in about three. i read a note saying the currency market is in a state of limbo, there is no perfect place to hang your hat. there are very few convictions. what do you invest in in this scenario? >> you can hang your hat on the fact that the currency market is following the bond market and following real bond yields, and u.s. bond yields went up, came down some and went sideways. was i what do i hang my hat on? they're very low. investors are buying the ruble which has rallied, buying the turkish lira, still buying the south african rand, buying cheaper mexican peso. so investors are going all the way past the big low yielding currencies, in search of something with some yield. >> when it comes to europe, should you hang your hat on the pound sterling against the u.s. dollar? that pair has benefited from the political risk that clouded the euro/dollar trade. >> you have some comfort from sterling, it has fallen a long way since last year. the uk is the cheapest of the maj major currencies with the lowest real yields. i think it's more like wash around sideways. i would be happier in swedish krona, norwegian krona than in sterling. i'm not sure i would be buying the euro this side of the end of april. >> thank you, kit. kit juckes. president trump said he plans to bolster america's nuclear arsenal to make sure the u.s. is "at the top of the pack." peter alexander has more. >> reporter: the president today flexing america's muscles on foreign policy telling reuters he wants to fortify the u.s.'s nuclear arsenal. >> it would be wonderful. a dream would be that no country have nukes. if countries are going to have nukes, we're going to be at the top of the pack. >> reporter: president trump who has come under fire for potential ties to russia, now vowing he will confront russian president vladimir putin over the deployment of a cruise missile. a move that violated a decades old arms treaty. that potential showdown coming as the trump administration trying to diffuse a standoff with mexico. demonstrators there torching a fake wall overnight highlighting real tensions. the latest flash point mr. trump's new deportation policies. >> we're getting gang members out, we're getting drug lords out. we're getting really bad dudes out of this country. it's a military operation. >> reporter: that comment today quickly contradicted by trump's head of homeland security, john kelly, in mexico. >> there will be no, repeat, no mass deportation. no -- repeat, no use of military force in immigration operations. none. >> reporter: the white house later clarifying the meaning of military operation. >> the president was using that as an adjective. it's happening with precision. >> reporter: among mexico's complaints, that the u.s. plans to deport anyone who illegally crosses the border back to mexico, even if they're not mexican. secretary of state rex tillerson dispatched with kelly to deal with the difficulties. >> i said that's going to be a tough trip because we have to be treated fairly by mexico. >> reporter: tillerson trying to translate president trump's tough talk into diplomacy. >> two strong sovereign countries from time to time will have differences. >> speaking after his meeting with u.s. secretary of state rex tillerson and homeland security chief john kelly, the mexican foreign minister expressed concern over trump administration policies on immigration and trade, saying mexico was in a state of "worry and irritation." we're getting some flashes through via reuters on the wires with regards to marine le pen. the french far-right leader is saying she's refused to be questioned by police over the eu fake job probe when she was summoned last wednesday. this is coming via her lawyer. she refused to do that last wednesday when she was summoned. she said she agrees to be questioned by police, only after the elections this year. again, coming via her lawyers. >> that's handy. only after the elections. >> right. on the other hand, it's also -- a lot of allegations are made as we saw in the states as well, whether they're true or not true, and it comes in the way of the politicians campaigns. >> i guess she's seen what happens to fillon's approval numbers once an investigation is ongoing. she won't want to take that risk. not sure she'll get away with it. >> not sure either. meantime, the irish prime minister's st. pat trrick's day meeting will be in sharper focus. kenny said he will address his future after his visit to washington, d.c. let's get out to gemma who joins us from dublin. >> a lot of focus on the trip, as you mentioned. i was here a month ago, there was a lot of public outcry and questions over whether kenny should go ahead with this trip at all. because it was around the time of trump's travel ban that was deeply unpopular in ireland. yesterday i caught up with ireland's governing party and asked him why is this trip so crucial? >> this trip is crucial, irrespective of what political party is in charge, i would feel strongly that with a country of 4 million people, we get a lot of access not just with the president, but 27 other ministers traveling to 27 other different countries. every minister's visit is premised on st. patrick's day and the engagement of business leaders to sell the story of what ireland has to offer, particularly sell the message that ireland is very much open for business despite brexit and all the threats that brings around. there are obviously a number of key issues important to us when he pete's with president trump. the 50,000 nondocumented irish are, you know, of huge concern to us, how they are treated in any change of policy towards immigrants. so the idea that the leader of our country would pass up on that opportunity to me is ridiculous. >> that was martin hayden. he went on to talk about the importance of the eu to ireland, while he said that in a post-brexit world the intention is to maintain as close of ties as possible with britain, but at the end of the day ireland's heart remains with europe. this is a concern to the domestic economy. they are still very much dependent on the uk, its largest trading partner. agri business, talking about the area outside the city, so while dublin and cork might be getting big boosts from tech and pharma and financial services, outside regions have a dependance on food and drink. in a post-brexit world we need to have the irish government working on other end markets, other opportunities to help small and medium sized businesses in an era that will be more challenging to them. back to you. >> gemma, thank you very much. something completely different coming up. get ready for the scoop or else it could be a close shave. we'll talk to two entrepreneurs about their ice cream and their razor subscription start ups in a couple of minutes. we'll be right back. the final episode of pop up start up airs tonight. here's a quick look at what to expect. >> two budding entrepreneurs compete to win 20,000 pounds. >> the idea behind it, it's a modular system. >> just like the cast of "friends." >> with experts on hand, they'll accelerate their business plans, aiming to launch in just eight weeks. >> sounds great. >> i will go with riffraff. >> sounds cool. really cool. you, my son, are done. >> they visit china to meet suppliers. >> the doctor will see you now. >> disperses nicely in the hair. >> i'm excited to get the product in my hands, get it finished. >> i like the color. >> i'm happy with how it's turned out. really neat. >> before racing home to show off their wares to the british public. who will win "pop up start up. q" ". joining us now are two entrepreneurs, the founder of oppo ice cream, and briar keen, founder of friction free shaving. you get 30 seconds to tell us about your business, briar. >> friction free shaving is the first shaving subscription company designed for women. there's quite a lot of them for men, like dollar shave club in the u.s., but we are the only one that do it for women. it's exciting because the market is huge. it's worth about 650 million pounds a year in the uk, can go to 700 million by 2020 and women make up a third of that. >> charlie, 30 seconds for you. >> oppo ice cream is what i believe to be the healthiest dairy ice cream. we use steeva leaf instead of sugar, coconut oil, and it makes up less calories than an apple. it started after my brother and i broke the world record for longest distance traveled by kite. we found natural foods could make indulgent foods good for you. >> what's the pricing on this? oftentimes you go in, you wanted to buy something healthy, it's super expensive. the vast majority of people won't go to that price tag. >> quite right. we have a petition to the government called don't tax healthy which is trying to correct that with v.a.t. the pricing of oppo similar to other premium ice creams. 4.99 for a tub. >> every single ice cream has a super food boost? >> exactly. we try to make oppo as healthy as we can. for us, that's through healthy fats, no sugar. >> what has demand been like for your product? >> it's been great. we've only been around 18 months and have grown to 10,000 subscribers. the shaving market for women is broken. it's dominated by two big brands, the razors are generally pink and plastic, we don't understand why the men get lovely metal razors. ours are made of metal, they're cheaper, they come through the post and the model is more hygienic. women are shaving a lot to of surface area. when they shave their legs, the razors get blunt. they should be changing them every week. at the moment it's impos dosiblo do that, it's too much money. for us, we deliver four replacement blades per month to ladies for 5 pounds. >> i wanted to talk about your funding, crowd funding. briar, to what extent would your growth not have been possible if it was not for crowd funding? how much pressure are you feeling from the scattered investor base to perform? >> crowd funding has been phenomenal for us. we started out having to buy our product, that was hard. we took bank loans, we were just 150 subscribers in april, and now we're nearly 10,000. it's helped us. it gives you an access to funding that you wouldn't formally have. it's hard, crowd funding. it's not a walk in the park. it's a full-time job. you have to do that and balance it with your full-time job, charlie and i were talking about that earlier. >> would you agree, charlie? why is it a full-time job? you've been the most overfunded in 2015. you've been incredibly successful on cedars. >> cedars was brilliant for us. two days ago we competed in our third round. first time around became the fastest food company to reach global target. the mistake people often make by crowd funding is that you can go on there and achieve a high evaluation, raise easier than traditional methods, that's not true. it's an awful lot of work. you have to respect the many, many thousands of people that will be analyzing your pitch. >> for how long can you continue with crowd funding before you feel, well, we want to scale up bigger or roll out in a larger manner? . you can scale quite nicely. people raise a lot of money through crowd funding. we raised about 1.1 million in total through tree rounds. next round we will go to venture capitalists. crowd funding is in its infancy. people have to respect the crowd. that's the most important thing. >> yeah. >> use your investors for good. >> sure. briar? >> for us, crowd funding was a great win. we're looking at series "a" investment. we want to scale up really quickly, we're the only ones doing this for women. there's so many brands doing shaving subscription for men, but none for women which baffles us. we know we'll have some competitors chasing us, and we want to take advantage and glow quickly. thank you so much. charlie, one more final question, the like of dannon and nestle, they're looking for healthy food. do you wanted to to be part of bigger group. >> we have been approached. right now we're looking at everything. >> all right. time for a quick recap of our top stories. shares in standard chartered are trading lower after the lender announced it would not be paying a dividend this year. the ceo said the bank's returns were not where they need to be and do not reflected the bank's earnings potential, this despite returning to profit with a 409 million dollar haul for 2016. shares in rbs are trading lower after it reported its ninth straight year without a profit. numbers were hit hard by restructuring costs and misconduct charges which saw the lender post a near 7 billion pound annual loss. the british bank added it was planning to cut costs by 750 million pounds in a bid to combat headwinds. shares in hewlett-packard enterprise fell by more than 6% in after hours trade. the company reported a big miss on the first quarter revenue number. hp also reduced its full-year outlook citing foreign exchange and execution issues as creating factors for headwinds for concern. u.s. futures, a brief glance. the implied open, a bit lower on the board. it's been an eventful week. we were talking about all the gapes. ten straight days of gains on the dow. >> the dollar didn't go anywhere this week. >> not really. a bit of data, new home sales later on, consumer sentiment as well state side, foot locker and jcpenney also reporting, too. do you know what baobab is? >> no. >> it's an african fruit. it's in one of those ice creams. >> did he leave some for us to try? >> i hope so. >> that's it for today's show. i'm carolin roth. >> i'm louisa bojesen. have a fantastic weekend. "worldwide exchange" is up next. with x1 you get the best of the oscars. you're a funny guy. funny how? how am i funny? scorsese finally wins. could you double check the envelope? show me best picture. what's the difference? show me best actor. i do not take tonight for granted. thank you so very much. get all the greatest scripted and unscripted oscar moments on xfinity x1. the oscars, live sunday, february 26th 7eâ4p on abc. good morning. market alert. the dow pulls off something it hasn't done for 30 years. details coming up. breaking overnight, president trump calls china "grand champions of currency manipulation." reaction from beijing straight ahead. and big winners. a round up of the ceos who have personally made the most money since the election from a rally in their own company's stock. it's friday, february 24, 2017. "worldwide exchange" begins right now. ♪