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electric terminates a $3.3 billion deal costing them $175 million in break fees. big day for french local elections as the front nationale wins after a reaction to the paris attack. translator: the people expressed themselves and with the people we raise our head. there is an uneasy calm in financial markets. that s the warning from the bank of international settlements which says the fed rate hike could trigger rate hikes in emerging markets. good monday morning. i m susan li. also coming up on the program today, nothing ventured, nothing gained. we ll be hearing from legendary tech investor sir michael moore on what s taking place right here in london. also, political sweeping changes in venezuela. we assess the implications of a new government after two decades with president meduro in power. and can climate talks in paris propel us towards a greener future. the ceo of vesta speaks to us later on in the program. welcome to the show. so we got a recovery in ....
nations to say they ll join beijing despite u.s. warnings. good morning you re watching worldwide exchange. the business confident rising to 103.7 versus consensus 99.8 and better than expected. this is a rise in all fronts. the march overall business confidence index rising to 103. consumer confidence that index has risen to 110. back in line with expectations and this is versus february of 107 rises in the month of february. let s have a look how the euro dollar is trading this morning. a little bit much pressure as a result of the uncertainty around the greek story. euro dollar changing hands at 108.30. we re down by a half of 1%. the story has been the strengthening of the euro over the past couple of days. it s come off the highs. it did reach 110 last week it was a two-week high against the dollar. take a step back and look at the euro it lost about 20% some analysts say. a big boost for export growth here. absolutely. a lot of question marks. and our guest ....
reject a multibillion dollar bid from the u.s. giant. and russia braces for further sanctions from the u.s. and europe as pro-russia separatists release one military observer but keep seven others hostage in eastern ukraine. you re watching worldwide exchange, bringing you business news from around the globe. french president francois hollande is currently meeting with alstom s gm to hear an alternative proposal. let s go out to frankfurt for more on this. annetta, what has this approach from siemens meant for the future? this is a good sign that they are quite old when it comes to act weations. so some people would have or already said it might be the case that he s more reluctant and that would be very bad for siemens, so he s not trying to miss out on an outstanding opportunity. siemens is calling that a good sign for the future. so what is on the table, siemens according to the letter that was sent to the ceo yesterday and circulated and leaked to various ....
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