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stronger dollar story. people are still going shopping in the u.k. retail sales numbers really strong in the u.k. yields up by around two basis points. much more on that in just a moment. most the yields rose the it almost a year. abn egypt air an egyptair flight has gone missing over the mediterranean sea. we have the latest with riad hamade in dubai. please tell us what we know at this point about this egyptair flight. unfortunately, we know very little. it took off from paris, disappeared around 2:30 a.m. egypt time from the radar. airbus 320. is an it was given to egyptair in 2003. it is not a very old airplane. the pilots were very experienced. right now, the militaries of egypt and greece are searching forn any debris. david: we ve heard president that no causeris has been ruled out. was it at cruising altitude and what was the weather like? riad: as far as we know, the weather was good. this is from the air traffic controllers. it was at cruising altitude come ....
manus: welcome to countdown. anna: welcome to the program. it has just gone 6:00 here in london. let s get straight to these baking raking numbers. the full-year profit at ryanair has missed aphis estimates. ryanair full-year net profit has come in at $1.24 billion with investment of $1.28 billion. the revenue number has come in at $6.45 billion. average fares are down by 1% with unit cost excluding fuel down by 2%. their specter to give something of a cautious outlook. some rehab headwinds facing this particular industry. the full-year 2017 net incentives have been $1.47 billion so it looks like ryanair is guiding the consensus number of little bit low. the company is saying 2% better looked year on year for the peak summer months. we will get a chance to talk about how the summer is looking for ryanair, what the impact has been in paris and brussels. o leary sl get mark thoughts on what happened to the egyptair flight. there s a lot to talk to him about. the topli ....
warns of huge consolidation. opec dissents on the in a. crude dissents under $50. is saudi arabia s oil minister calling the shots? a warm welcome to the program. let s have a look on what is happening at the futures. we are not getting an incredibly strong picture from the futures this morning, i have to say. we ve got euro stocks up just a fraction at the start of the are p and trading day. the ftse 100, perhaps it s a little bit on the back foot. of getting a great deal momentum perhaps coming through from the asian session. we still have some big agenda items on the radar with the ecb meeting and the jobs report, plenty still to digest. matt: take a look at the nikkei, down 1.6%. take a look at the yen strength that we are seeing, 109.95, how many yen you get for your u.s. dollar. the aussie dollar on the other strength,owing some not the kind of strength we saw earlier in the session. we saw an hour ago a 1% gain against the greenback. 0.5%. only see it up losses i ....
mark: welcome to the polls. welcome to the pulse. i am mark barton. the manufacturing figures. 51.5, back in line with the earlier estimates. pmi manufacturing, 51.5, back in line. we have a busy show lined up today. in the next hour, we will bring you interviews with executives from embraer. live from the ground and the only cd formed in paris. speaking to year grumman you. just speaking to geer grumman you. stocks are lower. the stoxx 600 rises for the third month. don t forget the m&a fell for the first time against the dollar. as opec ministers gather in indiana, in vienna, crude is falling. wti, that was brent crude rising . the longest stretch since 2011. here s nejra cehic. nejra: japanese stocks fell as begin soared after prime minister abe confirmed he will untilne a sales tax hike 2019. oblique previously said only an economic shock or a major earthquake would cause a delay. china s official factory gains remain in expansion territory in may. that ad ....
will cover all the commodities. caroline hyde in paris on a warning by the oecd, and ryan chilcote in vienna previewing the opec meeting. we begin in asia where prime minister shinzo abe has decided to postpone an increase to the sales tax. delayed once, it is twice, and i am wondering if we will ever get it. enda: i think it just shows you how nervous the outlook is for japan s economy. japan has the biggest debt burden and they have been trying crying out for the government to do more to tackle debt. minister day has had to step back again and surrender and say, we need to do more spending and try and get growth going. the economy keeps flirting between contraction and expansion. it is also interesting in terms of what it needs means for the bank of japan. we have already seen the reaction, a big gain in the end today as it takes pressure off central banks in the yen today as it takes pressure of signature bank s. it shows you that japan s economy remains on qui ....