CNBC Worldwide Exchange February 14, 2013
Hello. Welcome to todays edition of worldwide exchange. Fourth quarter data for germany and france comes in below expectations. And japans recession drags on. The boj shrinks for a tlird quarter. This year will be as challenging as 2012 after seeing sales growth less than expected in the Fourth Quarter. The ceo tells cnbc, europe remains a drag. Europe is depressed. Its going to take time. To solve it in part of europe is hard hit as its going to take longer. And a mega merger is cleared for takeoff. Reports say the boards at amr and us airways sign off on their 11 billion deal to create the w...