Deal as shares boosted by Restructuring Plan. Were going to be speaking to the ceo of carlsberg first on cnbc about the challenges its still facing in russia and china. The bank of england governor tells bankers were ending the age of irresponsibility. This ahead of mario draghi that could signal further easing. Okay we knew it was going to be big and its proven to be the case. A 10 billion day for chinas singles day. You see the heart here. November 11, it was a shopping frenzy soaring past last years record with alibaba raking in a whole lot of dough and they took in half that amount of last years take in just 19 minutes on the day. Eunice filed this report on the antivalentine event. Singles day got off on a solid start and the numbers are impressive. The Chinese Post Office expects 760 million packages to be shipped today. Alibaba alone already exceeded the online sales around the u. S. Thanksgiving day holiday. Black friday as well as cyber monday. Singles day san antivalentines day. It started with University Students that got together and wanted to give themselves and each other presents. Then they turned the day into a massive shopping extravaganza. This year its in beijing and theres a big gala last night where daniel craig took the stage. Now the event, the point of the event is to get chinese consumers spending and theres heavy discounts and deals for everyone. People today could preorder the ipad pro or get a 50 discount on a cadillac sedan. Theres concerns for alibaba Going Forward after today. People are worried theres i irregularities about it. And also about the fakes sold on the sight. They also face the economic slow down here in china and all of these issues threaten its global ambitions. Still the chinese premiere today got in on the action. His office called alibaba to wish them congratulations for singles day. Eunice yoon, cnbc beijing. It was a big event taking place last night. You saw jack ma there in his bow tie. And jet lee was in the audience. I could tell you more about the celebrities on stage but lets get into the numbers. You knew it was going to be a big day just in the first i think ten minutes they had a billion dollars in sales. Surpassing last years numbers easily. Last year we saw 2 billion in the first hour. This year it was much more than that. We saw roughly 3. 9 billion in gross merchandise value in the first hour. 74 of that was bought through mobile and i think this is really staggering. This is a huge number for mobile and that really show where is the growth is coming from. The mobile clicks, the mobile purchases. Yeah. But thats kind of where alibaba has focused right . The omni channels for marketing their goods and we have a lot of promotions of course. Get a lot of the merchandise moving but singles day, this blows away cyber monday just in the first 90 minutes, 5 billion in sales. Thats over twice the amount you get on cyber mondays for the entire 24 hours. These numbers are staggering, right . Were going to get it from jack ma himself. He has come back a long way from the declines in his stock price. Remember when the stock price hit in the 60 which is is below the ipo offer price but we have come back a long way back up to 80 and change. We have come back a little bit but if you chart it against amazon for example one of its biggest competitors in the u. S. , amazon share price has been steadily rising over the course of the year in part because Amazon Services has done so phenomenally well and we saw that china discount hammering shares of alibaba. But still lets go with the numbers and what we have so far since people are been talking about a slow down in the chinese economy. Not the case with the chinese consumer. At least not on singles day. So 10 billion. Still so many hours to go until the end of the event on singles day. You know this day started back in the 1990s but it was only a big shopping event thanks to alibaba. I didnt know that. Lets check in on u. S. Futures ahead of the open on wall street today. Most markets closed up slightly after trading relatively negative for most of tuesdays sessi session. Dow jones industrial priced higher by 53. Now heres a lead from the european side. Lets check in. Yeah its green across the screen were on pace for the worst week for the stoxx europe 600 since the end of december. But the ftse 100 up. And cac 40 up three quarters and the ftse mib with minimal gains today that is a six month low. Thats coming out of a speech by mario draghi here in london where he can signal further e e easing meantime he is looking forward to raising rates when the economy is strong enough. But speaking at the school of business the Chicago Federal Reserve Bank president also warned against pulling the trigger too early. Now i asked the ubs chairman when he thinks the fed will make the first move. U. S. Data are pretty strong and the u. S. Economy could stomach a rate hike. Weve seen good data come out over the last week so i think that increasing the probability substantially that the fed would move so my expectation is still that well see the move in rates this year but then there will be a much more slower and protracted path to normalization than in previous cycles so. This is clearly backed up by the very strong jobs report last week because theres still the chance that well see volatility. Theres still the chance that well see data taking a turn for the worse in the u. S. There is but the u. S. Is now at 5 unemployment rate. Probably full employment for the u. S. Economy so fairly good set of numbers. I dont expect except for, you know, quarter to quarter volatility that trend in the data to be broken and that would warrant the rate hike scenario for the u. S. Also got the trifecta of data points. Real retail sales and Asset Investment rolled in. Maybe we need more stim yulus. Lets check in with sri in asia. Id say the data on the whole was quite mixed. You can argue that it did hint at stabilization in the broader chinese economy but the Counter Point and negative and bearish Counter Point in the Economic Data is the alternative indicators. Both output of electricity, power and steel did contract in the month of october on year so demand sluggish broadly and we need more policy action to consolidate growth at the current levels. Thats what the market and the shanghai is factoring more policy support from the pboc and also on the physical side as well. The apple component makers, they were a drag on the index. We saw five week lows for taiwan and we didnt get much overnight. Lets give you a run down on this trading day. We hit the midweek there. No Economic Data points today as the bond markets are closed for veterans day that includes macys before the opening bell t. Chinese internet giant and fast food chain pop eeyes after the close. Still to come on the program, the gop president ial candidates square off in milwaukee wisconsin firing shots at Hillary Clinton and taking a firm stance against increasing the minimum wage. If i thought that raising the minimum wage was the best way to help people increase their pay i would be all for it but it isnt. In the 21st century, its a disaster. Alibaba sells 1 million in merchandise in 8 minutes. The biggest shopping event of the year. The euro slipping against the u. S. Dollar ahead of a speech by mario draghi and mcdonalds wont spin off its properties into a Real Estate Investment trust. An announcement from the Attorney Generals Office late on tuesday afternoon, ordering daily Fantasy Sports sites to stop taking bets in the state. Their operations amount to illegal gambling. Now letters sent to the companies, the two biggest by the way, the head of the Justice Department there saying he has concluded that the contests are essentially games of chance and not of skill. He also says their ads misplead players about their chances of winning. They insist their games are legal and are reviewing their Legal Options and this follows a move by the state of nevada to do the same. Lets get to upstart technology coming from, i dont know, the world of symphony. An investment from google is perhaps the best vote of confidence for this fast growing tech company. Google, ubs has contributed to and joining us in london today, ceo of symphony is with us a lot of people are concerned, but when the likes of Goldman Sacks is joining the ranks, leading the charge to change the business model, that has to make people sit up and wonder whats going on. Yeah, the forces are coming to market. There are first of all the technologies that is helping us to build the much lower cost than ten years ago. With that being at the center of all business interactions and the messaging system has become the nervous system of Financial Services. What i found interesting is youre not just targeting Financial Services. This goes beyond Financial Services and into other industries as well. Absolutely. Everybody needs something secure and symphony is designed for that. You have 50,000 members that already signed up. Yes. We are very happy with the progress. The biggest challenge is you want to be secretive and at the same time able to comply with wall street rules. How do you square that circle . Thats a real important element of our design process. At one time you have to protect the data of the customers and that means we cannot have a business around the data. Our business is based around connectivity as opposed to using the data so it enables the protection of data and while you have to do that you have to make sure that the firms that use this technology are compliant with the regulations. So we designed a system and talked to many regulators and proven that our organization is given the tools necessary for our customers to meet those regulatio regulations. Is that just a big investment or an indicator of where it lies. Google can easily acquire you from one day to the next. I was watching the interview earlier today of nicholas. And when you build a company you build it to be the best in its class. So our Partnership Goes beyond just the investment. Its google corporate that invested in us and not Google Ventures or Google Capital and that speaks to the extent of the partnership and they have other technologies that will compliment our offering. Its the beginning of a longterm partnership and were excited about it. How do you like being called the bloomberg killer . I think for such a small company, its an honor. Very influential backers. Our object is to solve a very important problem in the market and that problem of secure communities and creating businesses its something that goes beyond bloomburgs mission. So is there an overlap . Of course there is but were after a much broader need and we are going to continue to march along and build our organization and our business and the backing of worlds most financial important firms as well as google and were going to continue to forge ahead. Thank you for making time for us. My pleasure. David symphony ceo. Uber is back in business in south korea under a new set of rules. The black service will be available to all passengers by the end of the year. Previously residents were barred from using the service which hires drivers to operate rental cars. All right. Still to come on the program, the mouse trap. We speak to the ceo of pc accessory firm about a way to the pc market. Well get you that interview after this. Ken jennings. Ken jennings. I havent seen you since that tv quiz show. Hello, watson. You can see now . I can recognize people, analyze images and watch movies. Well i wrote a few books, did a speaking tour, i. Ive been helping people plan for retirement. And i help doctors identify cancer treatments. Is that all . I recently learned japanese. Yeah, i was being sarcastic. I havent learned sarcasm yet. I can help with that. 15,000 tech enthusiasts are gathering for the slush conference. Nancy is there on the ground. Nan nancy. Thats right. Here we are with a big gathering of entrepreneurs, start ups and investors as well looking for ways to keep the growth going in the tech sector but its not just the start ups and founders weve been speaking to. The Old Tech Companies are here as well looking for ways they can innovate. Can you give us an idea of what youre doing here . Are you looking for ideas for innovation or acquisitions or partne partners . Were here to steal ideas from the start ups. Im kidding. We started out trying to get deeper and deeper into the start up scenes and we do acquisitions and partnerships and we also learn a lot. I learn more from start ups than the old tech or the big companies. So youre learning a lot. Are you looking at acquisitions then . All the time. But theres always something going on. Its incredible. Can you give us an idea of what space . Is it mobile . Ill frame our business unit. Everybody knows us but we now have four growth businesses that are everything from gaming to speakers and we have new businesses that are top secret. Theyre all somehow connected. You mention that everyone thinks of you as the pc company when we talk about keyboards and the mouse that attached to your pc. Now tim cook said that the pc was dead in so many words. Do you agree with him . I dont know whether id say the pc is dead but we certainly have very negative assumptions about what will happen to the pc longterm so our emphasis is new categories and new businesses. We have grown 400 million of new businesses outside of the pc and we dont see any end in sight. We have an incredible ray of opportunities so whatever happens to pc well be fine. And resupresumably this is a investment to your bottom line. Were maximizing profitability in the pc space. Still innovating like crazy but with a much lower budget and moving that spending over into new stuff so were going to stay investing at a high rate but if you look at the new businesses its significant. Youre talking about mobile, some home features, how do you compete . Its a crowded sector when it comes to innovation and how do you shake the image of just being accessories for the pc . Most people that know us love our brand for its ease of use and set up and good functionality and increasingly beautiful products were not a start up that may fail. Were not a huge company that could be bureaucratic. Were a small Hungry Company that consistently can create new products that some of which i hope will become icons. So if youre, safe to say, winding down the pc side of things, where do you think your biggest line of business will be ten years out . I wouldnt say were winding down the pc side, were maximizing our performance there. If you ask me where do i think our biggest business will be outside of pc . Well be like a farm with an array of businesses. And youll see us more and more. Hes talking about how companies are coming together and looking at the next stage of innovation and how they can accomplish the demand Going Forward. Back to you. Thank you so much. Well go to break here on worldwide exchange. But still to come on the program its known as the sweet josephine and just sold at auction for 29 million. But what is it . Well tell you what sweet josephine looks like after the short break. Opportunities arent always obvious. Sometimes they just drop in. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Lets talk about singles day and its a 10 billion wind fall. Chinas single day shopping day helping alibaba soar past last weeks record. Hold your bets. New yorks attorney general bans draft kings and fan duel saying their operations amount to illegal gambling. Sab miller and ab inbev are getting serious about their 105 billion merger as shares of carlsberg are boosted by a Restructuring Plan. Well speak first to the ceo about the challenging its still facing in russia and china. Bank of england governors says were ending the age of irresponsibility. This ahead of a keynote address from mario draghi that could signal further easing. Hi, everybody. If youre joous tuniust tuning you for joining us. Most u. S. Markets ending up slightly higher after trading negatively for most of tuesdays session. The s p finally breaking that four day losing streak. Checking in on the futures, were above fair value for today and the implied open is telling us well be up across the board. S p 500 priced higher. Dow jones industrials called up by 45 points and the nasdaq looks like were pricing in in advance of 16 points or so we are on a positive note for this wednesday but the stoxx europe 600 still on pace for the worst week since the end of september. So the ftse mib is up and cac 40 with gains and the german dax up close to 1 and the ftse 100. Were on that four day winning streak. It came to an end and lets check in on asia markets because we got the china data that includes retail sales, fix asset, Industrial Production all still showing sign of a slow down taking place in the worlds second largest economy. Seeing gains and sweeking out minimal advances, being muted despite the blowout singles day. The index seeing declines and the nikkei 225 really didnt go anywhere. Carolyn. Lets get back to our top story. Ab inbev finalized its take over of sab miller in a deal worth around 108 billion. Theyre paying 44 pounds in cash for existing sab miller shares. In order for the deal to past u. S. Antitrust hurdles sab miller is selling its stake in miller coors. Its being acquired by the american beer maker for 12 billion. It is expected to complete in the second half of 2016. Check in london up by 2. 7 . On to another brewer, investors are cheering a Restructuring Plan sending shares in the danish brewing giant to the top of the stoxx 600. Higher by 6 . This despite the Company Warning that organic operating profit could decline as well as unveiling a 1. 4 billion impairment charge on russia, the u. K. And china. The 3rd quarter operating profit came in above ana