Tom good morning. This is bloomberg daybreak europe, im Tom Mackenzie in london. Stocks in asia slide following a sluggish u. S. Session. The dollar rallies and the yen drops. Minneapolis fed president Neel Kashkari says rates will likely be on hold for an extended period. The Israeli Military edges further into rafah. Buys a biden pauses shipment of bombs to israel on fears the idf could deploy them in the densely populated city. Xi jinping welcomed with open arms in serbia. The chinese president looking to bolster support in eastern europe. From geopolitics to the earnings story and the lines from the brewer ab inbev with a beat in the First Quarter in terms of organic earnings, up 5. 4 percent, an increase versus the estimates of 2. 75 , so in terms of organic adjusted ebitda, a solid beat in the First Quarter for ab inbev, the brewer of budweiser and bud light. In terms of the margin story, also a beat in the First Quarter for ab inbev with adjusted margins coming in at 34. 3 perce
Revenues came in just over 1 billion, slightly more than forecasts. While the company is still struggling, mayer said shes taking steps for to position yahoo for long term success. Joining us now with more on those yahoo numbers, colin gillis, Senior Technology analyst at b. G. C. Sokolin, where they were up why date on that analyst call this afternoon, what is he going to do, and dow buy into it . Yeah, the wheels did not come off the bus on yahoo and that was very encouraging for investors. This is a company that still is facing some significant challenges. Revenue was flat. Theyre still struggling to find growth but she did paint the clear message that we all like about how she was going to turn around, focusing in on the opportunities on search, making sure she brings in employees and trying to chase after the mobile opportunities as well. You know, everybody talks about monetizing mobile. You know, listen, when su have the quantity of the users that yahoo has that is its largest a
Per share of . 35, . 10 above estimates. Revenues came in just over 1 billion, slightly more than forecasts. While the company is still struggling, mayer said shes taking steps for to position yahoo for long term success. Joining us now with more on those yahoo numbers, colin gillis, Senior Technology analyst at b. G. C. Sokolin, where they were up why date on that analyst call this afternoon, what is he going to do, and dow buy into it . Yeah, the wheels did not come off the bus on yahoo and that was very encouraging for investors. This is a company that still is facing some significant challenges. Revenue was flat. Theyre still struggling to find growth but she did paint the clear message that we all like about how she was going to turn around, focusing in on the opportunities on search, making sure she brings in employees and trying to chase after the mobile opportunities as well. You know, everybody talks about monetizing mobile. You know, listen, when su have the quantity of the u
Fallout from Japan s car testing scandal spreads, ensnares Honda scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Japanese officials descended on the headquarters of Toyota on Tuesday, after a safety test scandal at a number of automakers in the country widened this week.