You are watching the pulse. Beer is going hightech. A big data story may be about to kill happy hour. Will rocket internet take off . The idea that could be germanys largest. Number outg you the of germany. 104. 7. That is significantly below where the estimate was. But we are seeing here is more dismal Economic Data emerging from the eurozone. The french data yesterday, not good. The german data, mixed. Odays data, not exactly rosy we will get an economist take on where we stand right now. Lets hop across the border. Conflicting reports about the future of air frances discount unit. It is being scrapped outside of france, or the plans to expand it outside of france in response to the worst strike the century. Commentsny says those are premature. What is going on . Are aviation reporter joins us now our aviation reporter joins us now. It is a moving target. Air france saying it is premature and they have 3000 employees that have signed the petition asking the pilots to get back to work. They are not adding on anymore to this conflict. The members of the staff want everyone to get back to work. It is interesting to see this out of the transport ministry, one wonders if they are trying to put pressure on air france. T is an embarrassing situation the premised are saying, you guys need to the Prime Minister singh, you guys need to get things moving and get things back to work. It to be wants resolved. These are the striking pilots. This is them yesterday. They are not backing down. Have asked for the government to get involved. That was at their event yesterday. I did a strike outside the french they did a strike outside the french assembly. A significant section of the entire lobby. Intotrike is due to go friday and it could be extended. It is still on at the moment. Pilots,ncedes to the not a very good president to set. Precedent to set. If he does not go ahead with the project, he is putting himself in a disadvantage. Iag this is something that is pivotal in the longterm growth of the airport. What we are talking about is transaviaend a via the idea is they have the charter operation that was based in holland going into amsterdam. That has been extended a little bit and you france, a little over a dozen planes. They want to expand that to 100 planes. The pilots are worried that those pilots working at this space is outside of france would be on a different contract. The benefits would not be as good. The company has been able to make job cuts when it comes to the contract role terms, that is for things are task. Tough. The pilots are not backing down on this. Im sure we will have more information. Later this hour, we will love more on this story have more on this story. An expert on the European Aviation space. Approached have expressed interest in acquisition. Pfizer abandon its takeover of astrazeneca back in may. I thought we were done with inversions. Is this about tax or drug pipelines . This would be and version. That story of u. S. Companies trying to relocate abroad still has some way to run. Defiantas been fairly of these noises coming out of washington that to do these inversion deals is not patriotic. He is prepared to put his money where his mouth is, as we have reported. Ctavis is a big company. It is a bit of a legal dodge. Proper one ifely youre in pfizers position. Trigger on ahe deal like this. The ramifications of it later. We will fight the fight with Congress Later on but we need the transaction in place now. What we did see come out of washington the other day, these have not really been as dramatic as some people were expecting. They can to nibble around the edges. Rather than really going after the core rationale. With certain adjustments to your models, you can make an inversion work. Thank you very much. Thought it was all over. Matt campbell, our deals reporter. Blackberry will unveil its first major new device a little bit later on. It is called the passport. It is a big step forward for the new ceo. He took the helm last november. The company has a steep road ahead. Caroline hyde joins us with some details. The passport is a little bit different. We may have some shots of it, but this is not what you expect. This is not the traditional smartphone model. It is square and looks very different. They are desperately trying to user. E business the keyboard is still there. It is 4. 5 inches. Still smaller than either of the new iphones. It is also cheaper. Plan. Ithout a mobile they will be unveiled much faster in toronto and dubai today. That looks like it is built for accel. Excel. Theyre going for the doctors among us. They have a bloomberg assistant. You can be efficient while you are traveling in your car. It is Business Front and center. Bloomberg or a blackberry . Slip of the tongue. It got hardly any headlines. Everyone is saying, look, why on earth would you buy this . You have to be very niche if youre going for the expensive version. The new passport is trying to affirm, we think it is important and we want to woo you if you are a business person. This is a firm focus on business. Apple is focusing on video. Blackberry is getting back to its roots. Spreadsheets, the keyboard. It is all of the things that businesspeople want rather than those who are watching videos or youtube. Samsung and apple are killing it. We want video, messaging devices, pictures. Businesspeople do really like a keyboard. Is it enough when apple has already teamed up when ibm . Is it enough when you and i dont want for different devices. Four different devices. We have far fewer businesses providing you with a phone nowadays. Citigroup ran some numbers. Four years ago, 3. 5 billion phones per quarter were being provided by business. Now it is about one million per quarter. Ibm. Is teaming up with the ceo is an incredibly nice guy. He is not much of a device guy himself. Realized that Software Services is where its at. It is all about security. Like they are still trying to make it relevant. Carving out a small niche. Can they be profitable in that niche . Anecdotally, a lot of people seem to miss the keyboard. But you can get the keyboard for your iphones. You can do everything by your Android Devices were iphones. Or iphones. Sat. Are services, where it where it is at. Youre right, niche. When you have 10 million devices selling in a weekend for apple thank you very much. Blackberry, we will be talking to him from toronto. Right after we sue the unveiling of the new passport mobile phone. Business confidence in europes largest economy continues to decline. We will speak with an economist about the disappointing data we have seen this morning. Welcome back. 60 minutes past the hour 60 minutes past the hour. Hour. Minutes past the more uncertainty to the economic picture were seeing at the heart of the eurozone. Lets go to munich. Good morning to you. How depressing is this number . Seen a decline in all sectors, articulately in manufacturing particularly in manufacturing. Exports are weak. In sectors like construction, the Business Climate declined this month. What is behind that . Is that what is happening in russia . France . What is the message we should take away from this . The main reasons are probably the sanctions, russia and ukraine. The weakness in the euro area. Entrepreneurs, which had relatively strong investment, this year in germany, they are getting a bit cautious. There is a wait and see attitude. At the moment, people are very cautious to start new investments. What do policy makers need to do now to get confidence back and arising trajectory back on a rising trajectory . What do we need to veer from the ecb . What do we need to hear from Angela Merkels government . Problem. B is not the need is on the political scene to get a clearer picture that the russiaukraine problem can be solved. The new European Commission is getting started. The Business Community is waiting for some news to get started again to invest. Nothing. N do what impact will fullblown cue we have on the German Economy . Qe have on the German Economy . Credit is available here. The credit costs are low. For germany, at least, this is not the big problem. That was the point i was about to come to. Germany needs the rest of europe to get going. Should germany be supporting even more aggressive Monetary Policy and fiscal policy and the reduction of some of the austerity measures being imposed on the rest of the eurozone . To help support the german export machine . The ecb is already doing that. There is not much more you can ask of them. On the fiscal side, things are much more difficult. Already ies have some have room to maneuver and others are still fighting for it. It could, from the new commission. It could come from the new commission. You dont think that now is the time for bold action . We should see a significant loosening of the austerity rules . Qe is something the ecb should pursue . Moment,t say, at the just preparing our new report, so i will not go in detail. For the time being, the point i would like to make is that the ecb is doing their job. Some countries, the credit situation has to be improved further. This helps indirectly germany. Directly, we do not need such measures here. On the political scene, sanctions with russia may be some solution. That we get some peace agreement. That would help the Business Community. Gettinganguage we are from the ecb and outs where in europe seems to be elsewhere in europe seems to be pointing to a weaker euros. Is that something where you think the eurozone should be focusing its attention . How big a difference would it . Ake to the export story what should we be doing on the currency . How aggressively should we be getting that down . Changes,pact of such they operate slowly. Even if europe were to decline further, you could not see this immediately and exports. It takes a long time. A weaker euros is helping quite a bit of countries. At the moment, the your level would be ok the euros level would be ok. Italyreas, illegal is probably hoping for a weaker euros. In the end, this will probably be the trend. Ok. Thank you very much. The view from the institute. We will take a break, back in a couple of minutes. Welcome back. You are watching the pulse. We are watching the markets. Lets start with the german Business Confidence number. It is a slip for a fifth straight month. By have the ftse 100 down 10. Reaction in the euro, a little bit of a slip lower. Bottom line, you have to think about this. Ecb coming out with this plan and that plan. German Business Confidence just carries on sinking. This plan is to stimulate business across the eurozone. The money in the bond market going to burden the german 10 year, down one basis point. The data does not look good. Mario draghi says he will do whatever it takes. Anymore . That mean we will talk about big data in happy hour hour when we come back. Good morning, everybody. You are watching the pulse. We are here in london. Pimco says it has been cooperating with the authorities and it believes procedures are entirely appropriate. Massive amounts of suppliers are still needed in liberia, sierra leone, and ginny to help control the ebola outbreak. Or maybe a million cases by january. Issue, with a commitment of the population in the government of nigeria and the states, we will contain ebola. President obama is calling for a deal to combat Climate Change. More than 100 World Leaders gathered at a u. S. Summit. Global warming is the issue that will define this century. The climate is changing faster than our efforts to address it. The alarm bells keep ringing. Our citizens keep marching. We cannot pretend we do not hear them. We have to answer the call. What our business is doing to help tackle Climate Change . Caroline hyde is back. There was a clear voice from business at this new york summit. A lot of pledges being made to help emerging countries get their carbon footprints down. It is all about gaining momentum. It is a bit of a publicity stunt as well. A lot of european voices. You had air france, as if it was not busy enough. Siemens. Voices coming from the fossil fuel industry groups. Ikea promising they will phase. Ut the use of fossil fuels what if you are a fossil fuel company . Statoil making some interesting promises. 30 companies. Players european gas looking at how they can reduce. A lot of talk about Carbon Pricing. This is a way of pricing something that is being inefficiently priced at the moment. You could be taxed on the amount. 75 in terms of tax for co2 emissions. They analyze it would be 50 per time is what they build into their model per ton is what they build into their model. Committed to Carbon Pricing. The world bank has done the heavy lifting. A thousand companies and investors to say, Carbon Pricing is the way forward. We have been hearing from some big investors about the fact that they will be just investing into companies disinvesting into companies that have a big carbon footprint. If they will get involved, they have some big tools at their disposal. Interesting move that has been taken. It started as a rallying call in the universities. They are signed up to what seems to be moving out of 200 companies. Hurt. Will be fund,ckefeller brothers this is a fund coming from the oil itself. They have said that they will nvesting in the 200 biggest polluters. If you invest, and put more money into these companies, you have a bigger chance of changing their behavior. 188 billion dollars is how much the California Teacher retirement system has. They will boost their investment in clean energy and technology by a smidgen, 3. 7 billion. Quite a smidgen. If policy changes, that could go to 9 billion. Warren buffett, everyone likes to hear him lend his voice, he will be doubling his investment in wind and solar energy. Thank you very much. More on this a little bit later. We will be joined by the ceo of carbon culture. How do we make changes to the way we operate and how does that all come together . About rocket internet. Double the amount it is seeking to raise in a Public Offering. The tech investor could become germanys largest Public Offering this year. Lets get more details from hence deckles hans nichols. They may want to go on International Shopping spree. Rocket is a holding company. They have a bunch of different startups. If they will go up against the alibabas of the world, the amazons of the world, they may need more cash. Forooks like they will go 1. 4 billion, 1. 8 billion. Quite a lot of money. They are in the 35 euros range to the 42yearold range. Euros range. We will see what kind of pop it gets. Will the alibaba effect take place here in germany . They take successful models and localize them to markets where they do have some expertise. They did it with ebay. Darling is their version of eharmony. Slightlyays, that is a unfair argument. So much borrowing from all of the big tech companies. Bingo facebook and myspace think of facebook and myspace. We will see how they do. They want to raise 633 Million Euros. Thank you very much. Lets move on and talk more about what is happening in germany. Hence nichols will be back a little bit hans nichols will be back a little while later. Making sense of huge amounts of inflation from everything from shopping to dating. What has been used for his beer. Elliott gotkine and has this report. There is an art to pouring the perfect pint. Now there is a science to go with it. The quality and quantity is being measured. The information is transferred to a box like this ready to be analyzed by the bar owner and brewer. Using the system has helped to cut waste and boost profit. Exactly what to do. Up 50 more profit. Sometimes 80 more profit. The Realtime Data come courtesy of an israeli startup. How many beers were consumed and what days and what hours and what regions. Hey can leverage the data they can monitor their beer quality. They can offer some unexpected beer insights. Consumedf the beer is when the bar is closed. That is probably the owner. Some brands do better on certain days of the week and in certain times of the night. Was so much data now available, bar owners and brewers can be more targeted with their promoters promotions. It may also end up killing happy hour. Devicesf these wearable and the interaction between the data telling you how inebriated you are or not. Up in the air, air france conflicting reports causing confusion. Well have details after what happens next. Welcome back. 44 minutes past the hour. Lets talk about air france. Air france has scrapped its plan to extend its low cost operations. The company says those comments are premature. Who is running this business . Lets get some insight on this situation. If i was the passenger looking at air france right now, i will be wondering who was running this out airline, whether i should book a seat on this airline. I would be scratching my head about the news we have had this morning. What message is being communicated . Government says one thing and management says another. Passengers dont pay that much attention. In the french market, given how difficult the economy has been, the average person in france is used to strikes at the moment. I think, unlike where we have seen other strikes in europe, this is a market that is very price sensitive and customers are saying, air france needs to survive. You think that is the case. Does the government have the same view . It looks as though the government is putting pressure on the company to back down. Is a difficult situation. The government is a significant shareholder. They want to win votes. The elections are never too far away. We have to step back a little bit. There are two parts. Air france wants to expand transavia. Compete with easyjet in their own market. They want to expand in europe. That is about setting up bases that will gain more scale. That is about taking the fight to easyjet. They have to have scale. Ryanair is putting 200 new airplanes. Air france wants to get transavia up to 100. If they want this thing to have scale, it has to operate on a paneuropean basis. Air france will have to go this way. The question is just a matter of when. The concern from the pilots are about losing air france