The premier says china will continue to champion economic openness. Its bloomberg daybreak europe. City ofre in the london, im manus. A day of breaking news. One of the biggest nordic lenders, the critical thing on their mind was what would they do with the dividend . Committeds if theyve 65, its just a snap below the estimatet consensus. This after the ceo this time lester shifted gears in terms of having promised to pay out 75 of its former dividend, shifted gears and said its going to a progressive level. You,ple of key numbers for the loan loss estimate is for 148. 8, quite a significant fourthquarter net loan losses. It will be eventful and we will be prepared, according to one banker. 1. 20 one billion euros. Net fee income, 876. The key message here is that the and the is in line buffers of capital are there. Sixmonth earningspershare 34 and 44 . Those other breaking news headlines. I thought we would start with a moment in time, have a look at this. This is the Dow Jones Indust
And we will speak to the ceo of unilever after the consumer goods giant reported sales that missed estimates. The interview at 7 15 london time. Matt we are less than 30 minutes away from the open of european stocks. It looks like the rally is set to continue. Here you see gains in theaters cac. E dax, ftse, this, after we saw gains in trading yesterday in the u. S. , asia, and carrying through to us here on the continent. Manus lets have a look at gmm, because it tells the story. The dollar is unsure. Yesterday i was confused. This morning the dollar is flipping it ever so slightly against the aussi. There is a sentiment that the fed will be provoked a little bit like the bear with a stick into doing a rate hike every quarter next year. I was in a session yesterday where they talked about dr. Jekyll and mr. Hyde with trump. The dollaryen, 1. 1360. When it comes to trade policies in the u. S. , somebody might want to brief the administration on if they dont produce enough aluminum, iro
Bonds as we get q2 gdp this time tomorrow. Earnings, the busiest day of the season. Majors like facebook and ford on the move, dow chemical, inside look of the quarter from andrew. Hey, you get on to my cloud. Oracle buying netsuite for 9. 3 billion citing strats youlike synergies. The final day of the Democratic National convention ringing endorsements for Hillary Clinton from the president and Mike Bloomberg last night. The candidate takes the stage tonight and we will go live to philadelphia. First up, facebook with a massive earnings beat that has the stock set to hit alltime highs this morning. Eps 97 cents, beats by 15 cents, 6. 4 billion in revenue, monthly active users 1. 71 billion an mobile continues to grow, mobile ads 84 of the ads that facebook shows. Mark zuckerberg stressed video again and again on the call. Even turning a question about pokemon into an answer about video. Take a listen. One of the big themes were talking about here is becoming video first. Right. And as
The a and b shares. 15 billion worth of cuts over the next three years. In an interview, he said the dividend was safe. It was about longterm investment. In terms of the overall headline numbers 4. 2 billion was the headline. They missed the core number by over 1 billion. At shell, that transfers through with the hhe told us its natural that suppliers will see the most and youve got a supplier. Vallourec is the supplier. They said because of the oil pressure, that is literally what they said, they said this is where they had to take 1. 2 billion euros worth of a breakdown in the european and brazilian business because of the hammering in the price of oil. The word they used is not battered. Brutal is the word. Deutsche bank. There is one ceo sitting in smiling. Why . Because we are looking for over 400 Million Euros loss. That came in with the fourth quarter. That was a shock. Legal costs are down. This is a bank that, up 2. 47 . The rest of the markets are lower. Its trading at 60 of
Hello. Welcome to countdown. I am mark barton. I am anna edwards. 6 00 in london this thursday morning. Bloomberg reporters are standing by around the world ready to deliver stories that will drive your day. We have details of a slide in stock prices. Manus cranny has been digging into bernankes policy decision. And also looking at nintendo in desperate need of a power up. We will look at what the company is doing to boost its profits. Anothernovo with purchase. Hans nichols is in berlin. Big on the super bowl with the new ad campaign. And Caroline Hyde on facebook shares. Lets tell you what is coming up on bloomberg this morning. E have some big interviews we have Andrew Griffin that will join countdown after the earnings break. We will also get results from menezes. s ivan china manufacturing shares david with us from hong kong. Good morning. Good morning. It is a confluence of factors really. Asia welcome to big declines on wall street. It is all of the uncertainty out there. You ha