And World Business report. Va va voom the press are at the Geneva Motor Show taking in the latest models but despite Record Sales Profitability remains low in europe we find out why. And economic gloom for brazil as its set to reveal another year of recession. Politicians promise it will end but its already led to misery for millions of brazilians. Welcome to World Business report. Im sally bundock. Also in the Programme Shop shut we tell you why one of south koreas leading retailers is forced to close several stores. Details in a moment. But first, european carmakers are gathered in geneva for the annual motor show and they are celebrating record breaking sales figures. More than 15 million cars were sold in europe last year thats the best result since the financial crisis. But a sneaky peak under the bonnet of the continents automakers reveals a different story. Yesterday, General Motors sold its european businesses to the psa group thats the company which owns peugeot and citroen. T
Anna welcome to countdown. It is just now 6 00. , letsgen is a big story think about what is happening in the markets. That hasr index, but been doing since the Federal Reserve met, you can see it bounces up since the post fed fall from the dollar. We see it heading steadily upwards since last week. We have seen a number of hawkish comments coming through from the fmo say. Fmo see. Still on the table at the time when the Federal Reserve could increase Interest Rates . Janet yellen will be speaking later today, 10 00 london time. Anna lets talk about volkswagen. They are looking for a new chief executive after Martin Winterkorn step down. Stepped down. They will meet tomorrow to select his successor. Hans nichols is live on location at volkswagens headquarters. Said he did not know about the cheating, why did he leave . Transport the pressure the pressure was mounting. Among statements we had last night, most interesting is that volkswagen has pledged and referred this matter for crimin
Hello and welcome to audiences in the uk and around the world. Were covering all the latest coronavirus developments here in britain and globally. First borisjohnsons top adviser, Dominic Cummings, has refused to apologise for taking a journey from london to County Durham in the north of england during the current coronavisu lockdown. At a lengthy news conference, he said he had no regrets and he didnt believe hed broken the rules. Borisjohnson said he understood the confusion and anger caused by the row but is standing by mr cummings. Opposition mps will meet today to discuss the next steps in how to hold both the Prime Minister and Dominic Cummings to account. Our Political Correspondent iain watson reports. Something you dont see every day. Government advisers usually defend their political masters. This one had come to defend himself. Dominic cummings took his family 250 miles from london to durham during lockdown when his wife was already healed. Yesterday he was asked if he now r
Austrian media explores ski adventure of Georgia's mountainous Svaneti region agenda.ge - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agenda.ge Daily Mail and Mail on Sunday newspapers.
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