Want a role in the new government but tells me rome is open for business. I can have vote of confidence i can support. I can block salvini and give a message to international investor, please invest in italy. Europes real estate index hits the highest level in a month fuelled by German Property stocks following a report that a plan could be less strict than previously expected. And Boris Johnson vows to step up the tempo on brexit talks as he braces for a show down in Parliament Next Week with opposition leaders ready to ignite attempts to block a no deal well, a very warm welcome to street signs happy friday to you. Markets ending the week on a positive note as far as we can tell extending games this morning the stoxx 600 up about 0. 6 . This followed a solid day where the benchmark ended 1 higher. We saw strong gains in most regions. In particular strength in the ftse mib closing up nearly 2 yesterday. A lot of movement on the political front and resolution coming with the new coalit
Offer for aer lingus. A very warm welcome, live from bloombergs headquarters in london, i manus cranny. In a bid to keep his country in the euro, Alexis Tsipras has offered to meet most of the demands made by the european creditors in exchange for a bailout, 53. 5 billion euros. The package of cuts, tax increases almost mirrors the proposal put forward by creditors to weeks ago which were rejected by greek voters in the july 5 referendum. Alexis tsipras is insistent on restructuring debts. Guy johnson is in athens, hans nichols is standing in as well. Guy guy what is your take . Guy you could look at it in a number of ways, most obvious yes he accepted everything they creditors demanded. I suspect there will be changes along the way, yes, it feels as if he blinked. You can understand why the greek banks if they do not open on monday will be bankrupt. That is a major blow for an economy already flat on its back. He has signed up for the deal that was on the table and voted no any refere
Powerful pmis. The European Manufacturing sector powers on with german and european pmis hitting a sixyear high. Good morning, everyone. Were back from a long weekend. We have plenty of data to get through. Want to tell you about the eurozone factory activity hitting a sixyear high in april. The eurozone final factory pmi is at 61. 7. Inflationary pressures stayed quite strong. Lets tell you what the european markets are doing. Were higher to the tune of a quarter percent. Euro dollar at 1. 0904. Lets look at the european markets one by one. What were seeing is that if we can swap on to the indices. We are broadly higher across the board. The cac 40 up by a quarter of a percent. Ftse 100 up by twothirds of a percent. The xetra dax inching higher to the tune of 10 points. Lets get back to the bigger stories. Ocado shares surging to the top of the stoxx 600 on reports of a tie up with marks and spencer. Better than expected numbers are lifting Aberdeen Asset management and bp. Lets show
And a surprising statement. President elect donald trump says the United States is not necessarily bound by the one china policy. Theres been more developments ahead of the key summit between the members of the leaders of japan and russia this week. Holding vice minserial talks beforehand as they try to move ahead with discussions on a longstanding territorial issue. If the Deputy Foreign ministers meet a key topic is Economic Cooperation on russiancontrolled islands. In japan theyre known as the northern territories. Japan claims them. Its government maintain an ininherent part of its territor and says they were illegally occupied after world war ii. The two countries didnt sign a peace treaty after the war because of the dispute. Russian officials have been urging japan to take part in joint Economic Activities on the island, but japanese officials want to make sure that would not lead to recognizing russian sovereignty. A former Russian Ambassador to japan said he had a solution to
Million subs, compared to that guidance of 2 million. The company beat up earnings in revenue. Reed hastings last night talking about competition on the call. We had a great couple of years at these price points and theres a lot of competition entering the market. Were focused on increasing value by having more spectacular shows so that people watch more of netflix. Lot of analysts are struggling how to value these guys. Is it a cash flow story . Is it a mushy hit maker story . Whats your take on this . How do we know what where its going to go. People were short the stock yesterday. Obviously were seeing major shortcomings. Carl, i think youve actually frame this had correctly. This is an unbelievably difficult company to analyze quarter to quarter. I have a rule of thumb, never bet against netflix or Reed Hastings. That said its extremely difficult to forecast whats going on here. Essentially the u. S. Has reached some kind of maturity and the rate of growth there is modest at best.