Message coming out of europe to start with, it is down, bucking the trend weve seen across asia and the us. Educating the masses well be speaking to the founder of a tutoring company thats helped 20,000 students in just four years. In the us, a turkey will be pardoned by the president ahead of thanksgiving. Today, we want to know about your holiday traditions. Is it trees and lights . Eggnog . Carols . Is it too early . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to business live. Easyjet has blamed a weaker pound for a 17 fall in annual pre tax profits. The budget carriers profits for the year ending in september came in at 540 million. However, it was not all gloomy news, with passenger numbers rising by 9. 7 to 80 million. In recent times, the company has been looking to expand, having put in offers to buy parts of the now defunct airberlin and alitalia airlines. Its been aided by the collapse of rival monarch earlier in the year, especially on some key routes. A
Stocks declining for a second day. A slump in chinese equities in a , which is why we might see exacerbated moves. More dovish than expected Federal Reserve. We had the minutes yesterday. We are getting pmi edit europe, better than expected. Better than expected if you look at services. Manufacturing also that are than expected. Manufacturing also better than expected. We are looking at a pretty strong economy. Au will get to europe in second. Eurodollar currently 118. 45. Coming up, we speak to alexander stubb. Brexit talk to him about and the eurozone. In the meantime, lets get to the bloomberg first word news. Democratsmany social are ready to start talks with Angela Merkel. Totin schulz is prepared offer her limited support for a full term. It is said he could back her in a minority government but not but would not offer another grand coalition. Philip hammonds budget has been welcomed by members of the conservative party, while stilla mays future is questionable. Some ball boy the
Its 9am in singapore, 1am in the morning in london, and 9. 30am in pyongyang, where north korea says it has no intention of using the Winter Olympics in south korea as an opportunity to hold talks with officials from the United States something that the us Vice President mike pence hadnt ruled out. On the eve of the Winter Olympics Opening Ceremony, north korea is preparing to display its military might in a military parade. These satellite images show the preparations being made at a military base in the north korean capital. The parade will mark the 70th anniversary of the founding of its army, and according to one source, as many as 13,000 troops are practicing. It comes as the Opening Ceremony of the Winter Olympics dubbed by south koreas president as the peace olympics is set to take place. For more, lets cross now to the bbcs china correspondent. Stephen mcdonell, who is in pyeongchang in south korea. United states and north korea are sending high level delegations to the Winter
Here in singapore and midnight in london. Half past eight in the morning in pyongyang where north korea is preparing to display its military might. Display is due to mark the 70th anniversary of the founding of its army and according to one source, as many as 13,000 troops are practising. This comes as the Opening Ceremony of the Winter Olympics, dumped by the south dubbed by the south korean Prime Minister as the peace olympics takes great. We arejoined by minister as the peace olympics takes great. We are joined by our correspondent at the Winter Olympics. Thank you forjoining us. So much talk about this military parade across the border. What is the sentiment among south koreans . It is interesting. If you were north korea and you were just about to achieve a major propaganda coup with your unexpectedly high level of engagement here at the Winter Olympics, what might you do today . Of course, hold a big and Scary Military parade across the border to remind everybody of your Nuclear
A swing to the right in austria after snap elections first results have the conservative Peoples Party led by sebastian corks on course to win well take you live to vienna coming up. Welcome to the show my names sara harmon its good to have you with us we turn first to the german state of lower saxony where the first results are coming in in Regional Elections now these Elections Come just three weeks after the National Vote and theyre seen as an important barometer of Voter Sentiment as chancellor merkel tries to form a Coalition Government a poor result from Eccles Christian democrats could weaken her position in those Coalition Talks opinion polls ahead of the vote put her neck and neck with the social democrats the far right alternative for germany was forecast to Enter Parliament in the state for the very first time. Im joined here in the studio by Thomas Sparrow from our Politics Department and ive also got michelle a cook in our reporting for us live from hanover well be speakin