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The eus Top Court Rules that uber is a transportation service, not just a digital provider the company says it wont change how it operates in most countries. Enerthe innogy ceo resigns a profit warning and more pain for steinhoff, shares plunge again as the retailer faces a credit squeeze after accounting troubles. Uber is a taxi company, so says the europeanjustice after a landmark ruling. The definition of uber as a Transportation Firm rather than a tech Company Means it will have to comply with european transport law and regulations in eu Member States the app has responded by saying it doe...

Performance in what is normally its weakest quarter. The slumping crude price takes a toll on oil stocks, which underperform the European Market as investors worry an extended output agreement wont address the supply glut. Less than 48 hours to go until the polls open for the final round of the french president ial election. As emanuel macron extends his lead over Marine Le Pen. Good morning. It is friday, but not just any friday. Its jobs friday in the u. S. More importantly here in europe, it is the last trading day and the last friday before the second round of president ial elections in fr...

Not a threat for the european economy. Weaker crude prices also weighing on oil stocks. Saudis Energy Minister hints that the Oil Market May not need a producer deal to rebalance itself. A resounding victory for francois fillon. The second round of conservative primaries putting the Prime Minister in position to win next years president ial election. And aberdeen hitting the top of the stoxx 600 after the value of its managed assets rises by 10 despite a net outflow of funds amid political volatility. Speaking to this program, the ceo downplayed the impact of the u. S. Election. Obviously, wev...

And margin calls are triggered over secession plans in the country. And japans Prime Minister hailed this weekends vote as an indication for economics. And paris taxi drivers stage a citywide protest against uber. Youre watching worldwide exchange, bringing you Business News from around the globe. Lets get straight to our top story this morning. The ongoing hostage situation unfolding in sydney. These pictures recorded earlier show armed officers outside a cafe in the Business District. A lone gunman is holding an undisclosed number of people but local media says about a dozen hostages are hel...

We have less than an hour until the close of trading. Lets go to the breaking news desk where scarlet fu is looking at the action on the street. Scarlet the action was concentrated in the moment morning. There is some drama that has given way to a quiet afternoon. A sharp drop, and a recovery. We reached session highs about 90 minutes ago. We have since been drifting lower. The morning did feature disappointing economic data. An unexpected drop in Consumer Confidence for one, and another month of contraction in the richmond manufacturing. All of this is as the fed began a twoday meeting that c...