And game, set, match for Sports Direct as it agrees to sell its tennis brand dunlap for 140 million. Good morning. Welcome to street signs. Lets get you a check on how the european equities are trading an hour into the trading day. Were hoping for a little bit more action now that the uk is joining the post christmas party. A rather mixed picture. Again, we are seeing the uk outperform, but that market is playing catch up from what we saw. Gains in the neighborhood shy of 2 yesterday. Thats in line with the ftse 100 at the moment. The xetra dax in negative territory, same story for the french cac 40, and the ftse mib lower by 0. 2 . Just shy of that mark. Lets give you a closer look at the sector breakdown. Weve been following the outperformance in basic resources. Higher by 0. 2 . Similar to asian session. Strength in the australian miners spilling over to the uk market. Crude prices have ticked up again. On the down side, watching real estate, telecoms, food and beverage, travel and
Seven is the magic numberfor apple. The tech giant reverses its sales slump thanks to its latest iphone reporting its highest quarterly revenue ever. A growing transatlantic divide. The president of the European Council says the new government in washington is one of the biggest threats facing europe. Welcome to World Business report. Im sally bundock. Also in the programme the saudi 0il minister tells the bbc where he believes the price of the black stuff is headed. But first after three quarters in a row of falling revenues, apple has delivered a turnaround. High demand for the iphone seven boosted the tech giant and it reported its highest ever quarterly revenues. In the last three months of the year the firm sold 78. 3 million iphones. Thats a 5 rise since the year before. But its results werent all good. Sales in china fell almost 12 tojust over 16 billion. China has proved to be a difficult market with many homegrown rivals that are much cheaper. Dave lee, our north America Techn
News from some of the worlds biggest companies. Well talk you through the winners and the losers. Now, is a five day working week essential to make it to the top . Later in the programme well be speaking to bibi hilton. Shes a high flying Advertising Boss whos just been named on this years part time power list. Ad were talking robots again. Computerised hedge funds havejoined the ranks of the top performers and theyre beating us at poker. We want to know would you trust your cash with man or a machine . Just use the hashtag bbcbizlive. Just put your cash in a tin under the bed no, thats not my advice by the bed no, thats not my advice by the way. Thats just what some people are doing with it at the moment bp the us army has been ordered to allow the construction of the final section of a controversial Major Oil Pipeline in north dakota. Its a project supported by President Trump and that perhaps reflects his support for fossil fuels which is just one of a growing number of differences
An estimated 620,000 people in the uk have a faulty gene that puts them at risk of sudden death, the British Heart Foundation has warned. Mps will vote tonight on legislation that would allow the Prime Minster to formally start the process of leaving the European Union. The government is expected to win the vote quite comfortably, despite opposition from some labour rebels. Well be looking to see exactly how many. Plus the Liberal Democrats and the snp. Yesterday saw impassioned speeches for and against the bill in the House Of Commons. The debate went on right up till midnight and will continue today with a vote around 7pm tonight. If the bill is passed, it will continue its passage through parliament and ultimately allow theresa may to trigger article 50 of the lisbon treaty. 0ur Political Correspondent chris mason reports. Heading home into the winters night after nearly 12 hours of debate. Midnight in westminster with another afternoon of discussion to follow today. This is a debat
Complicated chemistry. Shares in actelion hit bottom of the stoxx 600 as a report suggests the swiss biotech firm is considering a deal with Johnson Johnson that would allow it to stay independent. No liftoff for lufthansa. Shares sinking lower after the german airliner faces a setback in the courts in its bid to block yet another pilots walkout. You just saw steve there. Well be crossing straight out to him now. Opecs Technical Team is said to have failed to agree to details of an oil output deal. Those reports are having a knockon effect on prices. Slightly lower. Not a huge reaction but pulling down a tad. Off shy by a percentage point. Steve people are saying the market is pricing in were not getting a deal this time. I would probably disagree with them, which is not a rare occurrence. I think the market is beautifully priced to go either way. Lets look at the recent history. Doha failure earlier this year, algiers, a degree of success in september. When the market didnt think ther