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The year. Hugo boss goes down a size. The fashion brand pledges to slim down operations, focusing on its two main brands as it pledges to get back to growth by 2018. The iea warns of a period of greater Oil Volatility ahead but prices wont peak before 2040. Well speak to fatih baril. Welcome back. We have a full hour for you on street signs. This morning, a similar story to yesterday with the markets, most of the markets hanging on to green. A couple markets trading slightly lower. The ftse off by a couple points. The cac 40 and the ftse mib trading higher, the dax just a bit lower. Weve seen heavy weightings in the likes of pharmaceuticals. Technology up by 1. 3 . And two sectors seeing some trading, healthcare and chemicals. Looking at bouygues shares, the company confirmed 2016 earnings outlook despite the french Industrial Group posting a 3 fall in sales for the first n ....
The bank. Welcome to countdown. 6 00 here in london. Lets go straight to the asian market story. Biggest weekly advance in six weeks. It was looking like it some of thoseg games early in the session but we have seen a pickup again. The shanghai composite up by around half of 1 . Shanghai headed for a weekly advance. We have had career closing pretty flat. The nikkei closing higher by about 1 10 of 1 . Some good gains australia. Up about one third of 1 . In hong kong, things looking a little bit flat at the moment. , the mood has been a little bit weaker in the afternoon session. Some of the main stocks we have been watching. The league performer in terms of Percentage Points of the msci regional pacific index. That is out in north and south agreed to talks. Sharpton japan having its best to date again in four months after an expected return to profitability. Reports that is going to launch a new budget. Elsewhere, prime primary ....
You are watching the pulse. Im guy johnson. Francine is in the building, just not on set. She will be back. Lets get straight to our top story. Oil trading at the lowest level in four years. This the day before opec meets in vienna. A deal to cut output looks increasingly unlikely. Saudi arabias oil minister has said that tumbling prices will stabilize and there is no need to reduce production. Nexen go, venezuela and russia have als decided not to take action. The boss of rosneft has the same view. He has been speaking to Ryan Chilcote in an exclusive interview. He says his country can 60 aand prices as low as barrel. We decided to monitor oil prices over the next year. Possibly everything is necessary. Industry was privatized a long time ago. Owners andrivate peculiarities to working in russia. Like the climate and logistics. Russias Oil Producers will. Eact to market demand ....
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