A very warm welcome to the program. I am anna and words. Just facets 00 year in the u. K. Will join us in dubai. The French Banking Group reporting their numbers, q1 profit at 227 Million Euros against the estimate of 220 Million Euros. That number beating estimates on the next level, Large Customer unit net profit coming in at 163 Million Euros. Cole reportingi that trading revenue fell at the bank began a reorganization to streamline the capital structure. The cost of a rebound, that is also of interest. Remember this european Banking Sector the largest having struggled this year, at record low Interest Rates, freezing income. And turbulent Financial Markets deterred clients from trading, listing, and other matters. That is something the whole sector has had to deal with. Back in february, we heard they were selling stakes in three dozen regional banks in 18 billion euro transaction to simplify the structure, reinforce capital, and pave the way for all caps dividends. Ollanta change
That is the longest losing and gas. Oil down by 8 10 of 1 after opec did not to reinstate production quotas. Unchanged, he tweaked some of the forecast. Hasbalance of risks improved. Lets get to some of the big stock movers today. Sharestrian steelmaker, rising as much as 7. 8 , the most since february. It announced plans to invest. Annual earnings approximately in line with the previous year. Shares have rebounded at 39 . Steel prices recovering. Money supermarket. Com shares have been hammered today, down by 6 . It is the u. K. Price comparison website. That is after jefferies caught the stocks. Recent data, some meaningful in the u. K. Competitive landscape, but the company is no longer leading the pack. , showingn old favorite how the euro has fared since mario draghi first implanted or announced qe last year. Qe began in march last year. 108. Uro fell to the euro was at 106. At euro was at 110 and today 111. Below wheree we were last year. It is targeting the credit and lending. M
Spent because he was trying to build the ranch of good intentions. That took a lot of his time. See all of our programs today at 2 00 on American History tv on cspan3. Tinsleyed admiral david is a retired meteorologist and expert in climatology. The penn state meteorology professor recently talked about the effects of Climate Change on security and public policy. This was hosted by Westminster College in fulton missouri. It is an hour. What is that . What is that black thing with the numbers on it . It is a sextant. Shat do you sextant for . Navigation. It is for shooting the stars. Maybe the professors here remember. I doubt if anybody else does, there was a time in this world where do you did not just pull this thing up and it told you where you were within 10 meters on this planet. Ship,ou went out on this this was my first ship, i got to be navigator, the coolest job in the navy. You got to tell the captain where to go. Nobody else got to tell the captain were to go. There was no p
More support in terms of his policy. Lets have a little check in. Rio and billiton coming lower along with anglo american. A little commodities complex shifting with a downward bias. Three companies are on the move. I know that you are going to play some of that interview a little later on. Theyali, they are saying are on target to deliver cost cuts of 750 Million Euros next year, one billion euros in 2016. They had a cap of 40 . They are free to do what they like. Trying tothey are sell 2 billion worth of assets in the north sea. Five people that we are familiar with say that deal is potentially under pressure. Icap. A profit fall at you are dealing with is one month with colossal volume, the next month, things changing. You have a couple of individual stocks that are worth focusing on in todays trade. Having a look at the broader complexion of where we are, i think this really says it all. The dollar generally reversing. You can see the population. It is a crowded trade, some people
It is just on 6 00 here in london. Oil producers have already got down to business and the leading players supply one third of the world posco crude oil got together last night to see if they could preemptively agree to a cut in output. Interviewgot the only with the chief executive of the biggest publicly traded oil rosneft,raws left what did he have to say then . It is a dark morning here and cold in vienna and especially for those were hoping for Higher Oil Price because the man. Coffer their hopes yesterday the stage was set for a grand deal between saudi arabia, venezuela two countries from opec and mexico and russia two countries outside opec to agree to cut output to boost prices. The first three of those countries mexico and venezuela and saudi arabia cooperated in 1999 when oil had just dropped below 10 a barrel and there was hope and suspicion that they might do the same thing yesterday, alas i spoke with him just as he came out of the meeting and he said oil is tumbling sayi