Trading, they are all headed higher for now. We will talk you through the winners and losers. Savile row is world renowned for its razor sharp suits and classic style. But in a world of fast fashion how do the traditional firms stay relevant . Well meet one man on a mission to do just that. And, as ubers boss says flying cabs will be commercially viable in five to ten years, we want to know would you hail a flying taxi . Let us know use the hashtag bbcbizlive. Hello and welcome to business live. As usual, it is jam packed. Lets get cracking. Europes biggest bank hsbc has reported a big jump in profits for last year. But its mainly because its been able to shake off the huge costs the company has faced in restructuring after a string of problems. It means there will be a strong base to build on when the new chief executive john flint takes the reigns from stuart guillver on wednesday. Tomorrow. The numbers show that hsbc made a pre tax profit of 17. 2 billion for the calendar year of 20
Companies to larger companies. We are starting to think about welcome to countdown. It is 6 00 youre in london on getting back from the asian emerging markets. This friday morning. Bloomberg reporters standing by across the world, ready to we are just thinking about the deliver the stories that will value that might be coming drive your day. Through asian markets rather than trying to be so country specific about it. There are two big things. Can we move geographically a little bit over the next quarter manus cranny is gauging the appetite for ipos, plus big data or so. The first rate hike in the u. K. , what do you think, or big mess . Caroline hyde has the story. November, december . We did say november. Immelt is making of the one was laughing at us. His case to french leaders. The Inflation Numbers that came out this week were not strong, he sweetened the deal. So it could be delayed a little will france be satisfied . Bit tired november is where our money is at the moment. Carolin
We are waiting for eurozone confidence to come through a little later. It is expected to be the highest since 2007. If you want to see european recovery take a weekend away. Travel in europe is phenomenal. The view fromat the ecb is. Some companies we mentioned in initial public offerings. We will wait for those prices to come through. The valuation at 1. 3 billion pounds. A little less. Devin nims is a big retail stock. Hams is anumbs deben big retail stock. They said, we have made three offers. They did invite. Take a look at some of the currencies on the move. Thats a moment of darkness for me. The lights went out. The music stopped. What have thet. Reactions been . Approved the have offer. Some analysts are saying this could reduce the cash component. They have improved the cash component of their bid by one point 2 billion euros. I talked to union leaders. The reactions were quite mixed. Some are saying the new numbers on the jobs front were reassuring. New job guarantees are stro
Coming up, is time running out for nouri almaliki, the iraqi Prime Minister . We will ask the foreign minister if the country needs a new Prime Minister. First, lets get straight to our top company story. Poised to make his case again to french leaders today. Tomis making the case for als Energy Assets. Things going on surrounding this deal. It is becoming increasingly political. Will france be set aside . Bothine, ge and siemens improving their offers and both meeting the president today. Thats right. A pretty exciting day today. The french president will meet with the siemens ceo at 2 45 french time. And he will also meet with the General Electric ceo. Sides improving their offers. Ge last night said instead of just taking over alstoms Energy Assets, they will also create a joint venture with alstom in renewables as well as relliance on nuclear technology. Ge is selling israel for naming business selling its rail signaling business to alstom. Siemens decided to improve their cash com