Have data points pointing at clients and investors being more optimists and ready to be constructive about the situation. They are really looking for concrete actions by the new administration in the u. S. Bts head of Continental Europe steps down amid via italian accounting scandal but the companys ceo says the situation is under control. Time to raise a glass as lvmh posts record fullyear profit and sales lifting the stock towards alltime highs spurring gains throughout the sector. Good morning. Welcome to street signs on the last trading day of the week. Enough earnings optimism this morning but thats not enough to lift the overall stoxx 600. We are looking at a bit of weakness across the overall heat map today. The broader index lower by 0. 3 . Yesterday the dow jones hit yet another record high stateside. The s p 500 and the nasdaq pairing off their own intraday record highs. In europe, investors are digesting a fresh round of earnings and m a activity. Lets see how that is carryi
Declines. Thats the first backtoback losses youve seen for the dow and s p 500 since late january. Futured are muted this morning. Dow up by 2 points. Nasdaq up by less than a point. A lot of things happening, were waiting on adp numbers this morning. That may give us insight on what to expect friday from the jobs market. That can het let us figure out the Federal Reserve will do. In asia, the nikkei down by a half percent. The hang seng up, and in europe, a similar story to what were seeing here. Muted moves one direction ortd othe or the other. The dax up by . And a look at currencies. The dollar is up across the board. Euro at 1. 056. Dollar yen at 114. 05. Here are the storying were watching. China posting a trade deficit of 60 yuan. Exports dominated in yuan, they rose 4. 2 in february, imports jumped more than 44 . That import growth driven by a construction boom. Analysts say the data may have been distorted eby the long lunr new year sell breaks. During the sell breaks,celebrat
I want to apply myself more to make up i want to apply myself more to make upfor i want to apply myself more to make up for what i have lost. A train carrying British Goods will leave essex this morning for a 17 point 5000 mile trip to china. In sport, Sergio Garcia pips justin rose to win the masters. The spaniard beats rose on a Play Off Hole for his maiden major title on his 74th time of asking. What a day of golf and weather. And carol has the weather. Yesterday, the temperature in cambridge was 25. 5. Today in cambridge, more likely to be 13. Temperatures are warm, but coming down today. Settled but sunny spells. Sunshine in Northern Ireland and parts of eastern england. I will have more details later on. Thank you, carol. See you later. Good morning. First, our main story. The funeral of Pc Keith Palmer, who was murdered in the Terror Attack in westminster last month, will be held later today. The 48 year old was stabbed to death by Khalid Masood as he stood guard outside the Pal
To know for the trading week ahead. Investing in the future. Later in the programme well speak to the boss of a company hoping to develop the next generation of coding geniuses. And also today, do you hate mondays . Ido the green party in the uk want to introduce a three day weekend. Would you want one, and would you work longer hours to get one . Just use the hashtag bbcbizlive. How about if you still work longer hours but you still have to do a five day week . That sounds like what we do here welcome to the programme. We start in italy where the Foreign Ministers of the worlds biggest economies are meeting in the historic city of lucca. This year italy holds the presidency of the g7 group and rome has already made it clear that one of its priorities is fighting all forms of protectionism. But why does it matter . Well, its important because the g7 accounts for just over 46 of the worlds wealth. And this meeting is important because it comes before next months leaders summit. Last mon
Europe it will head to the u. S. Matt it is all straight ahead on bloomberg best. Matt hello and welcome. I am matt miller. This is bloomberg best your , weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. The week began with a blockbuster media merger as at t announced its intention to buy cable giant time warner. Now to the big deal everyone is talking about. At t agreed to buy time warner for 85. 4 billion. Is this even possible . It is possible. You just have to turn the clock back 18 months or so, when at t bought directv. That was another Large Purchase for at t and this deal is bigger. The deals have something in common, a lot of people invest at t t or indexes with because of their dividend so they look for companies that are Free Cash Flow positive that will turn money so they can keep paying everincreasing dividends. At t is still ultimately seen as a utility to many investors. Directv and time warner are big