Investors. Novozymes shares suffer the worst falls after it cuts guidance. Clear as mud. Markets await a data dump from the bank of england with everything due at once. This is sterlings super thursday. Coming up on the show tonight is the night. The first gop debate and John Stewarts last ever daily show but which one are you tuning in for . Were finding out. Plus could tesla have a deal with uber. Find out what has analysts speculating. Facebook serves another blow to twitter as it launches a Video Streaming Service but dont extreme to see Worldwide Exchange team on there yet. Well explain why, later. Yesterday a pretty strong day largely because earnings were impressive for european stocks. Today a slightly soft performance in the market and that comes out because of soft earnings from various companies. Lets look at the sectors, gainers and losers for the year. Stoxx 600 and its oil and gas wallowing at the bottom of the performance. Thats because oil prices having slid on monday s
Lay out his turnaround plan for the business. And wpp weak margins. The ceo says he should have done more in emerging markets. They are our most profitable markets now. I think over the coming years well be more aggressive and if theres one thing i regret about the last ten years, its that we didnt go faster. And a split picture for two of the worlds biggest asset managers, pimco owner allianz suffers. Okay, welcome to the thursday edition of Worldwide Exchange, plenty to get through today. Im looking at the Russian Military exercises down at the ukrainian border, 100,000 troops. Posturing, 150,000. Exactly. Well talk about that. Also on todays show qantas lays out plans to cut jobs and grounds some of its fleet after a disappointing set of numbers. Well get the latest from sydney. As weve been saying the russian flag is raised over the crimea Regional Parliament building. Well be in moscow for the latest. And some positive news from retailers stateside, jcpenney swings to a profit in
Independence. And the u. S. Economy is expected to show one of the biggest gains in hiring in months in april. With companies in all sectors putting out the help wanted signs. Youre watching Worldwide Exchange, bringing you Business News from around the globe. A warm welcome to todays program. We kick off with the latest on manufacturing pmi. Eurozone, april manufacturing pmi, 53. 4, a little higher than the forecast 53. 3. The march manufacturing pmi was 53. German april manufacturing pmi 54. 1, slight tick weaker. French manufacturing pmi 52. 1. Thats better than the 50. 9 expected. So the French Economy continuing to improve. We were very worried about it at the end of last year. Italian april manufacturing pmi, slightly weaker pmi. Euro dollar, at a threeweek high during the session yesterday, around 1. 3890. Very much within the ranges. Joining us for the first part of the show, James Butterfield, globe equity strategist. Thats the latest data out on the eurozone. There are those
Hello. Welcome to todays,. Im ross westgate. And im kelly evans. Asias main market shut for the Chinese New Year and large parts of the u. S. Struggling with extreme weather. Digging out from nemo, residents and u. S. Businesses hope to resume to normal business after Mother Nature dumped nearly three feet of snow in some areas. And ben afflecks iran hostage drama argo picks up the best film accolade. Daniel daylewis wins best actor. Were up for another week. We might do what they did and share the love around. I read the reports. Were going to talk about it later. There was no one dominant film. I thought it was interesting that argo won best picture . It was a great movie, but best movie . Really . Is that the lincoln only got sometimes theyre quite clued up. The nominations were very similar. Do you think lincoln would do better than it did. Daniel daylewis picked up an award. Help recap for those of us who didnt catch the whole thing or any of it, frankly, but yeah, britains big fi
My apologies. We seem to have some technical issues. Lets recap this morning some of the headlines. Desktop computers are not dead. A rallying call from meg whit man as the hpcoe tells cnbc exclusively a turn around plan is on track but admits there is still work to do. We have to continue to innovate and you can discover the innovation engine is alive and well at hp. A lot of heavy lifting ahead. The eurozone finance ministers outline a political bargain to wind down troubled banks that fail to agree on the crucial issues of sharing costs. Hes confident that a deal can be done before christmas. We can now see the outline uls of a compromise and im quite optimistic that next week we can finalize it. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. All right. We have the latest data coming out from the iea, their report just coming out. Highlights of this, theyre talking about the wti spread, which we have looked at. It was around 17. 55 a b