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Profit streak comes to an end sending shares lower in extended trade. Dont miss our interview with renaults ceo as the french carmaker cuts its fullyear Sales Guidance on a degradation in demand. No clear direction so far in european markets after that key announcement from the ecb about forward guidance, the introduction of quantitative easing down the road and what seems to be an almost certain rate cut in september in terms of the individual markets across europe, though, you can see the four major indices in europe are trading slightly higher. The ftse 100 in london about a fifth of a percent higher. Similar story in germany we have huge amount of earnings going on at the moment the cac 40 is slightly above the flat line. In italy, where weve been hearing from the two deputy Prime Ministers about the future of the economy, you can see the ftse mib is in negative territory ....
And events costs are set to climb higher through the remainder of 2023 and into 2024, due to inflationary pressures. Joining me now is suzanne neufang, whos the ceo of the Global Business travel association. Welcome, good morning. Is this a surprise . Its been awhile since pandemic now. I a surprise . Its been awhile since pandemic now. A surprise . Its been awhile since pandemic now. I wish it were. Since pandemic now. I wish it were but since pandemic now. I wish it were. But in since pandemic now. I wish it were. But in shortterm since pandemic now. I wish it were. But in shortterm memory, were. But in short term memory, just a year ago we were still really from omicron variant s. So we did expect last year that it would be a slower recovery so we were delighted at this time time last a great deal of this you will show another 32 . We added last year at about a trillion us dollars and we should get about 1. 4 trillion as you ....
Mcdonalds says its aware of a Technology Outage impacting restaurants, and that the issue is being resolved. They said its not related to a Cyber Security event. Joining us now from new york is michelle fleury. Not michelle mcfleury as i would be tempted to say in other circumstances. What is going on . Restau ra Nts Restaurants have been affected overnight and it seems to be able to play a big issue in bangkok, australia, also where you are in the uk and ireland. Some stores had to close reportedly because the it systems went down, people were not able to order because of the touchscreens are not able to place mobile orders. In some cases they went back to pen and paper to take orders and that old thing of accepting cash. All of this has been accepting cash. All of this has been a black eye for the chicago based co ....