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Welcome to the pulse live from bloombergs European Headquarters in london. Im manus cranny. The shanghai composite index posted the biggest oneday move since 2009 after chinese authorities introduced more measures within an attempt to restore confidence in a stock market that has taken a battering in recent reeks. Regulators announced that banks can roll over loans backed by shares after officials banned major stockholders from selling in affected companies. Having marked 10 days of actions by the central bank by regulators, by the government, does it look as if this is a shortterm at the moment . That is the question isnt it manus . It worked for at least one day. Another day of wild swings manus. The index dropped to 3. 8 at one stage. It rose as much as 6. 9 . The most since 2008. The government battling to restore Investor Confidence in this market. They have ....
Live from bloombergs European Headquarters in london. Im Francine Lacqua. Manus and im manus cranny. Janet yellen has indicated that 2015 could be the liftoff. We were about to talk about the fed. Francine we have the decision of the norwegian central bank. It has kept its rate unchanged. Talking with the Central Bank Governors later on. Manus 2015, is it liftoff, is it not . The Federal Reserve chair has said that the december rate hike is a possibility. Ms. Yellen what the committee has been expecting is that the economy will continue to grow at a pace that is sufficient to generate further improvements in the labor market and return inflation toward our 2 target over the mediumterm. Informationncoming supports that expectation, then our statement ....
Mark welcome to countdown. Caroline im caroline hyde. Mark we look ahead to the last u. K. Gdp release ahead of next weeks general election. Manus we are waiting for numbers which is going to be health care and consumer business. There radically they radically changed the shape and focus on the 25 Million Health market. We are waiting for those numbers to come through. Organic revenue, we are waiting for, but expecting just over 5 billion euros. Lets keep an eye out for those numbers. Meantime, there is only one corporate story and that is apple. Barn storming numbers all due to the iphone 6 and 6 plus sales. Caroline has the breakdown. Caroline it was a blowout in the second quarter, fiscal secondquarter. They have yet more cash to splash. 70 billion. Lets look into the stellar report because profit really did escalate. We saw profit jumped some 33 bringing in 13. 6 billion. That beat analyst estimates. Sales went up 27 . It woul ....