2,094. we got to get to dominick chu. he has a market flash. global retail now. earlier in the past hour we told you the news about walmart taking a 5% stake in jd.com. they re going to swapt businesses a little bit. walmart giving over the china operations to jd.com and getting a 5% share. they were up about 8 pat% going into that trading halt. they are now up about 8%. so trading just a little bit below where they were when that news first came out. just call to your attention what is happening. there again, michelle, all of this on that bit of news that walmart is turning over its walmart china operations. it now be operated by jd.com. and i guess in compensation for that, walmart will get a 5% stake, approximately in, jd.com. back to you. operating in china has been tough for a lot of u.s. retailers. home depot got out of there a long time ago. they were so frustrated. absolutely. one more thing, of course, you re talking about dealing with this whole on line market
to buy the l.a. clippers. and investors don t sell in may, european stocks are ending the month near their best levels in more than six years, boosted by another record close on wall street. you re watching worldwide exchange, bringing you business news from around the globe. welcome to worldwide exchange again. let s get to one of our top stories, straight away, shares in pnb paribas tumbling after a wall street journal reports that the french lender could be hit with a $10 billion fine over allegations it evaded u.s. sanctions against a number of countries, including iran. in the last few minutes the bank of france says it s following the case very closely. stephan is in paris. this dwarfs the amount of provisions they ve made. my key concern is what this could mean for the operations in the u.s. going forward potentially, too. first of all, let s put the numbers into perspective. you re right, $10 billion, much higher than what bnp paribas reported as profit.
and the stimulus plan should not yet declare victory in the recovery. and denying all allegations over its winning bid to hold the 2020 world cup. the state has been hit by a string of corruption flicks. you re watching worldwide exchange. bringing you business news from around the globe. hello. a warm welcome to you. welcome to the first worldwide exchange of june and this week. we kick off with data right at the top of the show with the final may pmi numbers out of the eurozone that came in at 52.2, weaker than the flash. the 52.5. remember 53.4 in april. so this number is down to a six-month low. the final manufacturing pmi index is 53.4 in the flash. and the final pmi index is 53.4. they are saying more than they initially thought last month. what s interesting is we get the breakdown from the individual countries. the italian may manufacturing pmi, 53.2. that is weaker than expected 53.7. so if you re looking for some reasons why this is a little bit lower, tha
the truth is they are hitting some new highs. a lot of folks i talk still believe financials will be great in 2013. some of them are really doing well. liz: it s a great day at least for some of the handful of companies that are out there today. [closing bell ringing] liz: a carpet company, interface, we just had the ceo on in the last hour, they make the square do you see how they re holding up the pieces of square? that s carpet. david: if you have seen it on the news chances are you have seen it here even before it happens on the news. the bells are ringing. let s take a look at the indices. only one index is in the negative, that would be the nasdaq. apple not managing to find ground again today being pulled down. we thought maybe it had reversed that downward trend yesterday. not so today. all the other indices, though, in the green. some particularly spectacular moves i m thinking of morgan stanley and there s some other stocks we will be talking about this hour. liz:
Bosses at Revolut, Britain's biggest fintech, are drawing up plans to allow employees to cash in with a sale of stock valued at hundreds of millions of pounds.
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