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Market, were both closed for holidays. memorial day in the united states, but we did see a little bit of trading. here we re seeing much more indecision a buy going on. a decent rally particularly on the xetra dax. gains for the banks there, zurich smi, each un. london ftse up by 30. and one hour 12 minutes into the trading day. all the same, still focused on the debt crisis, and something we re watching now. reports that germany is considering dropping its push for early rescheduling of greek bonds. that is having an impact on world currencies. we re also watching the yen, but we are seeing a little bit of strength returning to the euro. 1,4407. 1,6524 for the gbp and 81.75 ....
the president left the city. ja jacob zuma held talks. more than 100 military officers including 100 army generals defected to the opposition. and russia, importing vegetables including crucumbers. more than 1,000 deaths. the outbreak originated in organic cucumbers from spain. those are the headlines. i m zain verge any london. world business today starts now. captions by vitac www.vitac.com good morning from london. here are our headlines, this tuesday, may the 31st. more crying foul overshadowing fifa s one-man presidential race. economic growth in india slows, putting the squeeze on manufacturing. and cubans wake up and smell the rising price of coffee, as a bizarre concoction make as comeback. and doesn t seem in think his is in crisis but in the ongoing mire of controversy, undoubtedly he s in the minority. at the top of fifa, fans, sponsors and other stakeholders agree it s time for the tarnished institution to clean up its act. inside, sl ....
Right now down about 2.5%. that s after the company reported full-year earnings that missed expectations. net profit for 2010 surged 126% from the previous year to $13.2 billion. but analysts have been expecting earnings of around $14 billion. meanwhile, on the currency markets, the euro and pound are gaining against the u.s. dollar, but the japanese yen is weakening, the euros at 1.37, pound at 1.61, and the yen at 81.75. here in asia, most markets finished higher after reversing losses earlier in the session. unrest in north africa and the middle east continue to weigh on investor sentiment. though, despite the overall gain, property and banking stocks were lower in shanghai. we ll have more on that later in the program. australia s main benchmark ....