A good monday morning to you. Youre watching countdown. Im anna edwards. Coming to you from london. Were getting numbers from heineken. Manus cranny, good morning. Manus heineken revenue comes in. First half revenue was estimated to be hundred 7 million. Of course think africa, middle east asia. 25 of the revenue comes from lets get you more net numbers. A dividend of . 44. You are seeing a bid on the numbers there. In terms of breaking it down, it is taking a little bit of time to get that you are free geography broken down here. These are solid results. It demonstrates further progress. It is very much ranking on the emerging markets. The pressure for heineken is the price of oil. It is impacting demand levels in nigeria. You also have issues about trying to get control in the emerging markets. 1. 5 billion. Anna we will be speaking later on. What are the challenges you need to be asking . We have gone through some of the headlines. Manus a couple of different things. The value of the euro has dropped. Allow them to grab more market share. How do you close that cap . That is the critical issue. Will they use the Euro Currency moving forward . They are making big bets on india. Also it is active in those two markets. They will build their market share. Anna thanks very much. All of that to come. It will be the first interview of that day. Manus and i will be having that authorization. Europes biggest Bank Reported firsthalf profits of some 10 . Numbers have been coming in better than estimated. They will be selling the resilient unit to 5. 2 billion. Some of the things they say about china for a business that has been it about the more accommodating should help them. Also positive things to say about the u. S. You talk about growth in the u. S. That is actually a on the revenue growth. Some of that is on the downside. It is leaning in the right direction. Those are some of the drivers on the pretax sale. There got in the analyst perspective on this. Lets look at what the share prices have been doing as of late. It is down by 5. 8 reset. The hong kong finance sector, many have this stock on hold. 16 analyst with this on hold. Look at london. This is a ceo trying to shore up profits. We have seen an increase in misconduct costs. Back in june, there was a turnaround plan. A threeyear plan. We will continue to talk about taking a little bit later on. Manus breaking news involving nokia. Nokia says they will do a strategic review. It looks like a deal has been done. Three major auto brands out there. Nokia will book a gain in that business. The price tag for selling the maps business anna we will see if the has an impact on the nokia share price. Thanks. Lets talk about what is happening in the asian air asian equities. Lets get more now. Good to see you. What can you tell us . Good morning to you. Im afraid i have bad news. It is a fairly riskaverse session. It is just at the threshold. That was the official number. It is a private survey. A more dire situation. I came in 47. 8. You take these data points. Im not going to mention this in detail. It painted a fairly consistent picture. There is emi data that came out of japan and indonesia and india. Things are falling or improving. That is the case right now for us. The shanghai composite is just out of the gate here. That is more or less the low point of the day. It is pushing 1 lower. The commodity story is still intact. You can see it under heavy pressure. There are cyclical parts. That is all of the things that are shaping up now. Were coming up three days. Wednesday, thursday, and friday. It is really no good news for trade this year. The fx market, Nothing Specific that marys much attention. It is near a sixyear low. That is another one you want to watch. 1998. Let me leave it there for now. Anna david inglis over there in hong kong. Breaking news. We have got numbers coming through. There talking about their aim for the full year. 1. 0 7 billion. 385 million. There are operating expenses. Theyre aiming to grow the revenue and their market shares. To give you some context, the net income is coming into the Second Quarter at 280 million euros. Looks to be a touch ahead of estimates. We were expecting to see a big drop. In the first quarter, they managed to get a Large Capital gain. Being aware of that. Weve had these numbers talking about seeing provisions in part of their business. It sounds like good news. Will be talking to the cfo. You will join the programming later this year. Sticking with the banking seen, the big asset sale. We started to return to trading in hong kong to pick up but we are seeing in the hong kong listing. Up around 1 in that trading day. A positive move in reaction to that earnings report. It is coming uncharacteristically early. David always used to announce them. Lets talk about greece. The offense Stock Exchange opened after a fiveweek hiatus. Greece acted to preserve its hans nichols is standing by with more. Good morning to you. Talk about the exchange behind eu. Hans behind you. Hans the restrictions are numerous, but they only apply to domestic buyers. That tells you a little bit about the goals they want to achieve. They want prevent outflow of capital from greece outside of this country. Capital controls are still in effect here. Other restrictions are pretty a sick. You will need to come up with new money. Rush money from outside the country or something that can prove was indeed new. None of these apply to International Sellers as long as they are coming in with fresh money as well. What is going to happen to the Stock Exchange . How much will it collapsed . Those are 25 trading days. It is linked to this market. The fact of the matter is, no one really knows. Well have to wait to see what happens when trading starts here. I believe it is about two and half hours time. It isnt about to a half hours time. Anna it is still very early. What did they have to say about these restrictions . Hans they are very concerned about what it means for liquidity. We will be speaking with one of their former members here later on today. They are quite vertical. It clearly favor sales rather than the reduces of financial instruments. When will they help trading . If it was down more than 10 in five minutes, that is when they would go ahead and trigger things. That would be the explanation. Now the rule is 7 and 10 minutes. They are making it much easier to go ahead and hold the trading of stock. No one knows on this exchange. Anna interesting times. Thank you. Well be speaking with the ceo of the athens stock in strange later in the Stock Exchange later in the program. The princess nicely to our question of the day would you buy greek stocks right now . Tweet me. That is my handle on twitter. That is where you will find me. It softly opens up this morning. Would you buy greek stocks . 15 minutes past 6 00 in london. There are a few things we will need to keep an eye on. Well hear from the bank of england. Weve also get the Inflation Report. Could we see the end of an era of record low rates . We take attention to the u. S. Where we get jobs data. It stays at a sevenyear low. Well get more and the jobs picture. But first, crisis as european leaders step up their response to the situation. We take a look inside where michael economy is emerging. That is after the break. Anna welcome back. Youre watching countdown. Here at the stories you need to know. China stocks have the biggest monthly loss in six years. A drop in manufacturing has been writing concerns reigniting concerns. A factory index came in and 47. 8. The athens a Stock Exchange is set to reopen today after a fiveweek shutdown. The country acted to preserve its financial system. It went 85 of the market value. Hsbc with a rise in profits. The bank agreed to sell its brazilian unit for about 5 billion. Earnings from hs and focusbc hsbc in focus. Lets big to julia who joins us on set. Good morning. Lets talk about the assets. Within 5 billion being raised. Why . Julia they had to look at what they are good at. They wanted to focus on asia. A lot are trying to expand in latin america. Brazil is hot to invest in paid the macroeconomic environment has changed there. Where could i make money . I think that is what they were thinking. I think that is important. There may be more to come. Anna they are seeing some positive announcement. Hsbc is cutting costs. Were this from a lot of thanks dont we . From banks we hear a lot of this from banks, dont we . Julia there are quite granular in details. They have been were detailed the deutsche bank. They still have a lot of confidence in them. They have unveiled deep costs. They also showed further drop dont cuts. Ducats job cuts. Anna focusing on what they do best. I noticed they sent said they complete the review by years and. Theyre changing the release time from the usual date to just 5 00 this morning. The fx broker, what does that mean . Julia it has been huge, monumental. There are not a lot of detail. There also expanding rid of their are authorities across the globe. They dont know what will come and neither do we. Anna a lot of uncertainty does. Liaoning just outlining their threeyear plan. This is going to continue. Julia when you look at the global market, their fx division did well. Theyre able to take advantage of that equity rebound. The markets are doing very well. It is quite a significant amount. They dont necessarily need that much. Anna thanks very much. There are makeshift shelters for migrant camps. Shops, restaurants come in a nightclub have brought up. A very precarious business. British and french leaders are calling on your to do more. They want europe as a whole did do take care of this problem. Tom thats right. This is in my grayson crisis. All of your needs to tackle it. They point to the fact that many migrants got off in greece and the italy. They want those countries to remotely role. The want to tackle the cause of the problem. Get to the point that the roadster france and the u. K. Is paved with gold, as they say. This request they want to tackle will take a lot of time money come and diplomacy. There is no shortterm fix. Anna what are the new measures that are being put in place . Greece is something of a distraction. Tom absolutely. There are security fences youd there is an infrared system. Those of the practical steps being taken. Uks looking to see if they could assist. Anna thank you very much. 26 minutes past 6 a. M. Another round of does a running data causes concerns over the chinese growth story. We will take a closer look at that growth driver with our guest after the short break. The only way to get better is to challenge yourself, and thats what were doing at xfinity. We are challenging ourselves to improve every aspect of your experience. And this includes our commitment to being on time. Every time. Thats why if were ever late for an appointment, well credit your account 20. Its our promise to you. Were doing everything we can to give you the best experience possible. Because we should fit into your life. Not the other way around. This is a great place to work. Not because they have yoga meetings and a juice bar. Because theyre getting comcast business internet. Comcast business offers convenient installation appointments that work around your schedule. And it takes done. About an hour. Get reliable internet thats up to five times faster than dsl from the phone company. Call 8005016000 to switch today. Perks are nice. But the best thing you can give your business is comcast business. Comcast business. Built for business. Anna welcome back. Youre watching countdown. Half past 7 a. M. If you are watching in brussels. Nokia is selling its unit for billions of euros. The unit supplies metadata data to about 80 of cars within das navigatingh systems. An evaluation of approximately 80 million. These startups are benefiting from investors who viewed the technology as the future of transport. China stocks are heading toads lowell lowest level. There are reunited concerns. It was 50 in july compared to 50. 1. It was less than forecasted. Lets get more and the latest setback for china. Good morning. Good to see you. It is still volatile. What is the out look after this pmi reading . As you mentioned, the numbers are not looking good. Todays number was a twoyear low. Also, we have had data recent lee showing that car sales are down. We had traded this weekend. Those numbers may not be looking good. Looks like they may struggle to reach its target. We need a little more time. The signals are not looking good for the chinese economy. Anna all kind of activity undertaken so far as far as rules around stop trading. It is a look in terms of their ability to boost the economy . At this point what they have made clear is they will do what is necessary to intervene. The government would take preemptive measures. Another looking at specific measures. They mentioned upgrading some utilities, specifically underground types. You talk about boosting the tourism industry. It looks like small steps. We expect they will bring out the bigger guns which might include an Interest Rate cut end of the bank reserve for hire minutes. Anna we will see what happens. The smaller outback cost chilean city is enjoying its annual invasion of Mining Executives australian city is enjoying its and invasion of Mining Executives. We tend to return for the First Time Since 2008. Also returning after a long absence is i will talk about them in a moment. There are a few who are not here. It is not surprising when you consider considered the severe fall in oil prices. There are some junior miners. Gold is surprisingly up. When you take into account the show you dollar, it produces it is still around 1500. It is pretty healthy. They are part owners of the biggest gold mine in us julia. It is just on the outskirts. We expect to hear a lot more from then during the conference. This is a good spot to be if you are involved in the mining industry. But it means is all of the delegates are in very close quarters. They socialize together here to face each other all the time. It is a small town. Paul allen for bloomberg in australia. Anna lets continue talking all things related to the chinese growth story. The chinese manufacturing data we had that out on saturday. Lets talk to jane foley. She is a senior fx strategist peter good morning. Lets talk about china. How do you contextualize the data out of china either a twoyear low or fiveyear low depending on what data you are looking at in terms of this gauge of manufacturing sentiment . Jane everywhere you look it is not to good. Part of it was due to storms and hot weather. We realized there is a structure here. After the horrible loss on monday, i think it is clear it is extremely fragile at the very least. We know there are signs of more stimulus. When it comes to fiscal spending, the economy can react quite well. They could spend a lot. No doubt in to get more well have more highways used. There is the likelihood is good it could add to debt issues. There is that problem as well. Anna if we return to the chaos we saw the chinese equity markets, does this put in terms of currency, it is a managed currency. Jane over a week ago, there was an announcement. They want is to be more of a market currency. It is kind of interesting. A be used to fall in order to stimulate the economy. Thus could make the debt a lot of debate about what is going to happen over the next couple of years. Anna the growth target, is that something that is still expect expected to be here . Jane they wouldnt believe the figures irrespective of what they are. They could still get close to that. Anna why are they taking we will see. Thank you very much. Jane stays with us a little bit longer and the program. Coming up, the fx Stock Exchange opens after five we shut down five week shut down. Can the markets get back on track . Find out more in a few minutes. And the twitter question of the day would you buy greek stocks . Get in touch on twitter. Greececrisis. Stay with us. Much more than reopening of the stock market when we return. Anna welcome back. 742 a. M. In paris. Athens Stock Exchange will be oh and after a five week shut down. Reopen after five week shut down. The halt in trading was a blow. Oil is extending its light this morning. Iran will boost production immediately after sanctions were lifted. Speaking on state tv and iran minister said they will raise input within a week after the end of sanctions. U. S. Crude is down on that news. President Obamas Administration will issue rules to cut emission today. The plan is estimated and is among the most complex in history. Lets bring in our editor. Thanks for joining us. Why the interested in buying this unit . It is ultimately about self driving cars and increasing automation in cars. In order to have a card drive itself down the road, you need an extremely Detailed Route to thoroughly a few of the world that have a map like this. This is one of them. It is like they decided to partner together. Anna how is ownership going to be structured . Businesses are working together. Right. This is unusual. It will be equal stakes. Theyll will make decisions together essentially. Anna thank you very much. Lets get more the story surrounding the opening up of the greek Stock Exchange. As nichols is live in athens at the Stock Exchange hans nichols is live in athens at the Stock Exchange. Hans i am joined by my guest. Thank you for joining me. Good morning. Hans what are we expecting today . Were expecting the trading to start after more than four weeks. We dont expect the market to move higher. They were considered very safe and secure. It seems they need new recapitalization. We expect they will fall. Hans [indiscernible] a drop in the single bank day is this your expectation . This is the expectation. Hans overall, how far . Another reason for the fault is that the market was divided into two parts. Greek investors and foreign investors. They could buy and sell and transfer the money. They could only sell and not by. Buy. This is the fair treatment of investors. Hans is there a chance the exchange could close again as the rules are not fair . They might be closed. Everything depends. This is a problem in greece. Hans you dont see the political expertise by the current government in advance to open this exchange properly . No. They have done thousands of hours of discussions. Itll have knowledge of the markets. It is too late. It should be before. Hans what you are suggesting is an early open and new restrictions. It is a very small problem. The market has to