Barrier. Softbank is said to be planning deep cuts at the vision fund which could affect 10 global staff, souring bets on tech are takingke their toll. Haidi a mixed start to a politically driven status when it comes to the markets today as we get that precedent being set with that security bill as well as greater considerations over what kind of reopening and second wave issues we are seeing across the rest of the regions. We are seeing new zealand markets starting off the day with tepid gains. The session looks a little bit more muted for the rest of asia. We are seeing japanese futures as well as Australian Futures pointed a little bit higher. Those in hong kong seeing retreats. The npc is being i to be passing the Hong Kong Security eyed to be passing that Hong Kong Security bill. The u. S. Sees 100,000 deaths. We are watching the oil story, seeing whether this pause in the rally will continue given concerns about renewed production out of the likes of russia. Shery to our top stor
Orderly multiple world and a universally beneficial an inclusive economic globalization will be in visiting serbia and then hungary. The chinese president says china is always open to expanding cooperation with states that put the National Interest of the cross goals well and the total flight in dont yet city. In tribute to the 27000000 men, women and children sold as prompt as honors that last night and live during the great pipes youll take walk civilians in the front line russian dont ask for public. Celebrate victory to andrew Ukrainian Rocket and from the attacks which caused multiple casualties on the day of commemoration the live in the russian capital. This is our t international. Im rachel ruble with the Eurovision Song Contest in full swing and sweet and voices supporting palestine has been very loud. Thousands of protesters gather to show their opposition to israels participation. People receive assigns, calling to stop the genocide in gaza, pallets in, in flags and pictures
We are seeing the aussie stocks of a third of 1 , extending the gains we saw last week of five Straight Days of gains. The aussie dollar seeing a little bit of weakness. Lets take a look at how new zealand is faring. We are also looking at the opens in japan and korea. The nikkei 225 into the day on friday a third of 1 up. We could be seeing some modest gains. It is going to be a weaker yen today. 113. 81. Note trading in mumbai no trading in mumbai. It is all about china today. China has rejected fears of a hard landing as leaders outland outline their target in the latest fiveyear plan. Rule number one will be development. He acknowledges difficult times ahead. Haidi is in beijing for us. They still have this growth addiction. On the back burner. Development and growth our top priorities. He spoke to the nation and the world on saturday morning. 6. 5 or 7 out that growth target for 2016. 6. 5 is the baseline. A lot of economists saying it is far too high in order for china to be able
It has just gone 6 00 in the morning here in london. Givingsh retailer numbers for the full year. It looks to be in line with estimates. 4. 7 billion euros is where the number has come in. The estimate was for 2. 9 billion euros. Fullyearalking about like for like sales rising by 8. 5 . Lyear sales coming in it 57. 8. A touch like where the analyst had the fullyear gross margin. Nomura has been talking about looking for updates on possible Additional Capital returns. We will see if we get any news on that front. Erin mind this is a stock that has been increasingly loved by analysts. We have a lot of upgrades coming through on this one recently. Rated as a new performer at macquarie. Relative to the sector it does have a premium value that trades times Retail Sector. Numbers from the german logistics business, giving us an update, confirming their 2016 target. That will be some comfort to some people who follow the company because it is a business that has issued two cuts to its profit
And the biotechs sbas he things could have a potential upside. And jeff bezos. Producing an agreement. The real story could be a power struggle in saudi arabia that appear taos be emerging. Well take you live doha for more on that story, but lets begin with netflix. Two big stories out. Our Julia Boorstin is standing by. Josh is all over ibm. Give us a little preview here to kick things off. When netflix reports all eyes will be on ids streaming video subscribers and whether they need or sur paez the nearly 18 million that would reach this quarter and we could expect particular focus on how many they project for the Second Quarter. Also the impact of some price hooiks rolling out next month in the u. S. The companys forecast to grow revenue 25 , 1. 97 billion while earnings per share are expected to fall. This is the companys Global Expansion as well as more original and exclusive conflict. Well also be listening to see what is said about amazons new offering. Prime video service, stan