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We are live from bloombergs European Headquarters in london. Fax coming up, taking on the transformers. We check out the Wearable Technology that gives you superhuman strength. Italian fashionistas invade london. Valentino tells us that is where the money is. It is the business that makes more money. Quite a tan. A lufthansa is bracing for three day pilot strike kicking off today that will see canceled a vast majority of flights. The airline is calling it the most severe in its history. David tweed joins us from frankfurt. Talk us through the disruption. Destruction taking place on two levels. One is the level of the operations. 3800 flights are going to be canceled over the next three days. That includes cargo as well. Wings,so includes german a subsidiary here in germany. As you mentioned, 425,000 passengers have seen that their travel has been disrupted. That i ....
Europe very good evening to our viewers in asia and good morning to those just waking up in the United States. Im guy johnson. And im francine lacqua. Coming up, how do you revitalize a centuryold brand . Francine has gone inside fendi. We have another exclusive interview for viewers in europe. The American Ambassador to the u. K. Joins us to talk about the crisis in the ukraine. Russia says it is are paring retaliatory sanctions against the west after the eu and United States rod and their list of targets. We have all the angles covered on this story. Jonathan ferro is on the market reaction. Ryan, lets kick it off with you. Russian lawmakers are in the final stages of pushing ahead with annexing crimea. That is exactly right. Ive been looking at some of the sanctions which target individuals. Going through some of t ....
Worst strike in history. We had the company estimating it is likely to cost between 40 50 million. That might make it hard to achieve their operating profit goal of 2. 5 6 million in 2015. Thank you. We will have more throughout the program. Much concern about profitability suddenly in rooting as they invest far more and are exposed to currency weaknesses. Very keen to shrug off the currency. Are unveiling a new tactic, and they are going to be changing pricing to make it more local. We suddenly see the currency weakness. Expectedoming far more for the australians to buy the product . Overall sales lineup 34 . Profits down 22 . Its all about capacity. They are just opening 2. 3 higher. Atthe kremlin lashed out jpmorgan after the bank blocked the payment of 5,000 from the Russian Embassy to a russian insurer. It was like jpmorgan was just trying to comply with u. S. Sanctions because the insurer this was going to look like it thea ....