. >> i wonder when you hear this is that representative of the action we have seen over the last year when it comes to reform it really has been and saying there's no consultation and no trying to water down some things this really has been a little bit -- the word from the macron presidency we said we'll do this reform he knows he cannot give in on this reform. it is quite symbolic many have reported and it hasn't worked out for macron it was related on this big reform agenda

>> thank you very much all right. let's bring the analyst who joins us down the line good morning to you, sir we were just talk about the anniversary of macron being one year in power. many people were going into the french stock market thinking that it would benefit from having a new so called reformer. do you sense that optimism is still there

at the end of the day parliments it is through some measures but the broader context is much more important than just the president. officially nothing wrong so to speak, but, yeah, we shouldn't give him too much credit about what's happening it is driven by economic conditions worldwide . >> you're saying the broader context is more important. it is coming at a time when it is beginning to slow down a little bit we see the snurnumbers ecently.

>> some economic indicators have become slightly weaker we think of it as temporary. if you look at the global economic picture it remains rosie. in europe i think most continue to be very favorable if you look at unemployment rates and consumer confidence, housing prices, stock markets, those are very favorable

>> what are the factors you see? why are that when it comes to earnings rates in particular >> yeah. u.s. we have seen more than 20% earnings compared the last year. a weak dollar implies there's a positive translation obviously the corporate tax rate has come down in the u.s in general inflation are abit higher in the u.s. finally it has helped. i mean about 2% ievery quarter.

it is clearly higher than europe >> very solid earning. let's check in on european markets. liquidity is quite thin. it is marking that one year anniversary. we'll tell you it raised the outlook to positive on friday. it is some good news for the president. you have a lot of stories this

morning. you can see oil and gas putting in a good show, up 4%. that is of course no doubt driven by what we have seen banks down .4% follow us on twitter coming up on the show, nestle and starbucks are brewing up a global alliance. more on that when we come back - i love my grandma.

- anncr: as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. [fbi agent] you're a brave man, your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances. ♪

with expedia you could book a flight, hotel, car and activity all in one place. ♪ the first survivor of ais out there.sease and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight.

sure. mom,what's up son?alk? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. [ chuckles ] download the xfinity my account app and set a password you can easily remember. one more way comcast is working to fit into your life, not the other way around.

welcome back the company expects moderate price increases and rate for that segment hannover came in at 99.5%. swiss are reportedly close to failing. softbank's enthusiasm has waned in recent weeks. >> he told me why a deal was in his company's interest.

it is about addressing this continuing protection gap that we see i think when we engage with potential partners it's always about how can we to pursue this strategy i think if you combine our role we want to extend our access to these polls. we want to make sure we are helping the world with this protection gap i think you can put it into the right context.

>> the ceo of zurich is weighing in >> it is in a radical revolution it will adapt and change and we become this. this is a great opportunity and we look carefully at all actions to gain your services.

you may be drinking it as we pick up this story today nestle has a deal with starbucks to form a global coffee alliance they want the rights to sell starbucks products outside of the coffee giant stores. starbucks uses the proceeds to speed up its own share buy backs. >> you may have already had yours but transatlantic, is this all about trying to get market

share? >> it is about improving both. it has been a difficult market. i think it's improving the growth and a unique opportunity to get there >> we have heard of many such deals. we had a guest on the show talking about it has been a year as far as years are concerned. many of them are in the retail

sector >> it is being disrupted by technology we think primarily super markets will have difficult times there. so they are really competing with that delivery i would say it is important that can be leveraged globally it is also a smart move by

necessa nestle to go by this so i think it will protect them against this whole technological disruption thankin thanks for that. is this mostly about improving itself in north america? >> yes i think it has been unrepresented in northamerica.

>> is there any downside to this deal >> i know they is had some bad publicity. si very well known on a global basis and i think it looks like a very interesting partnership they have had a joint venture with coca-cola it is not totally unusual in the

overall the consumer space >> one thing that has stood out in the past couple of years actually is the fact they are really struggling to achieve these high levels of organic growth they were growing at 7 to 8% a couple of years. do you think this type of partnership actually helps them with respect to the organic growth forecast in the future? >> yeah. i think part of the price this is typically growing faster. rel lay it would be using this to really push through it is

maybe online i think it will be a big driver and will contribute to organic growth on here. >> do you think nestle may be looking to finance parking lt o deal do you think if they start refocusing on their business areas they may come to the conclusion that it is no longer part of that.

so in the greater scheme of things they don't need do this deal i can't really see why they would do it. >> and starbucks already has quite a big presence in europe from the beginning everywhere you walk, every street has a starbucks aligned with it. i wonder what is in it for them. >> and the issue for starbucks is they lack distribution outside of their main coffee shopchannels

this is what starbucks really wanted they tried to do it themselves but they don't have the same sort of negotiating power. it would enable them to leverage starbucks through the various channels i described >> thank you for sharing your views on that. thank you cnbc will be asking how the deal could help the coffee maker's bottom line the ceo of nestle will also join that conversation. lava keeps flowing in

hawaii it has forced nearly 2,000 people from their homes. not good news for those living near by. ahh... summer is coming. and it's time to get outside.

pack in even more adventure with audible. with the largest selection of audiobooks. audible lets you follow plot twists off the beaten track. or discover magic when you hit the open road. with the free audible app, your stories go wherever you do. and for just $14.95 a month you get a credit, good for any audiobook. if you don't like it exchange it any time. no questions asked. you can also roll your credits to the next month if you don't use them. so take audible with you this summer... on the road... on the trail... or to the beach. start a 30-day trial and your first audiobook is free. cancel anytime, and your books are yours to keep forever. no matter where you go this summer make it better with audible. text summer4 to 500500 to start listening today.

theseare heading back home.y oil thanks to dawn, rescue workers only trust dawn, because it's tough on grease yet gentle. i am home, i am home, i am home

wake up and smell the coffee nestle puts $7.15 billion to seal a coffee deal with starbucks talks are reportedly

close to collapse as the group loses enthusiasm >> and oil prices drive higher as hopesfade >> all right it is a holiday n.u.k. we see that most of these imw t embassies are having a lackluster day let's switch to u.s. futures all of them end up in the green

after friday's employment numbers a bit of a mixed day there. let's talk about foreign exchange and the theme has been one of dollar strength all eyes on cable around 13550 they are not expected to spike but people looking for clues at how they are thinking about it from here. now, one other area that has clearly been in focus is oil we can see it is nicely through the highest level since 2014 it

has been with the backdrop of the upcoming iran decision >> they have warned the u.s. there will be historic regrets if washington pulls out of the nuclear agreement president trump set a deadline of may 12th nbc news filed this report for us >> a decision has to be made on the iran nuclear deal. netanyahu stepped up to end the iran nuclear deal calling it a

lie they warn if america leaves the deal it will have what he calls historic regret. he insists iran has plans and that his country would make and score as many missiles as it needed nobody knows what the consequences of unraveling the iran deal can be other than it be a catalyst for a series of unpredictable events french president saying we would open pandora's box nbc news >> speaking of the french president today marks macron's

first year in office we have a look what have they been saying about the president's first year here? >> reporter: we know there are still question marks about what macron will achieve one thing to look at is the 45% had a negative view on the first year in office and 55 -- and 55 had negative and 45 had a positive view so it doesn't look great

they had lost more than 30 points in the first year in office so down from 62% to 45 now to have a view i went to speak i asked him what his view was. take a listen. >> everybody has been very impressed to enact significant

reforms. it is probably not yet the u.s. and u.k. but very close to it. as far as tax reforms are concerned it is changes and significant decline of corporate tax. it is for personal taxation too. so all of this being done and now they see that the work is especially on issues that are

deemed to improve growth potential like unemployment benef benefits it gives a sense that are improving. >> there you go. i asked him what he thought would be the next big reform the president should carry to take it to the next level take a listen. it was the most esz enshlg, having addressed the issue of capital through the tax reform

that's why all of those sort of things are what we need to raise the growth potential and be able to reduce unemployment. >> the former governor to boost and they said there's too many reforms and everything is going too fast maybe a bit of a slow down would be welcomed opinion

back over to you >> and check out our web site, cnbc.com >> set to win more than half the seats and she is joining us now. some were shocked at the voter turnout. what can you tell us >> what we know so far has

picked up over 50% how is it going to play into what's happening this week we have this decision from donald trump on what to do about iran in terms of sanctions the question of course becomes how does it all play out when you a massive victory here? so many factors at play here it is an economy that has been at best.

they are asking can this government actually get it done? a lot of questions to keep an eye out for. what do you think it means not only for his future but in terms of the amount of power they have in the country now >> at the end of last year he came back to a real russia popularity we have seen him taking selfies with everyone everywhere and any time so there was a lot of support.

the question is whether or not he will continue the same amount of power with regards to parliment and how it is really going to work. >> thanks for that i do love the selfie reference there. very good. >> feel free to take a look at this >> what do you want me to do >> call up stormy daniels and fix this once and for all. maybe keep me on the phone and i'll be quiet and listen >> stormy, are you alone >> yes >> and what are you wearing? >> excuse me

>> okay. i can take it from here. i work in adult films. we are not really known for our acting >> what do you need for this to all go away? >> a resignation >> yeah. right. mr. elliot, what's your wifi password?

wifi? wifi's ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's super fast and you can control every device in the house. [ child offscreen ] hey! let's basement. and thanks to these xfi pods, the signal reaches down here, too. so sophie, i have an xfi password, and it's "daditude". simple. easy. awesome. xfinity. the future of awesome.

welcome back to street signs. i'll bring you numbers for the month of april merced mercedes benz is down. the is this is to 126,957 units. they have seen total sales volumes up 49% for the year.

pretty remarkable numbers. they would lose in any future economic downturn the health check was not a partial failed exercise which must have been the release. if you want more relative information we have live pictures there he will be

watching inside the kremlin. >> thatlook at that wonderful, wonderful >> right shall we move on it was a disappointment but the unemployment rate fell to 3.9% it was his first interview since new york's said president. he was asked whether he was worried about the economy overheating. >> still pretty moderate

very strong labor market i feel it is all prettypositive so we'll have a lot of stimulus right now. i think by 19 we'll grow a little more slowly and by 20 our own projections suggest we'll get back down to potential buffet said he regrets not buying stock in amazon and

alphabet buff fit also backed apple's buy back plan. he would love to see it take a dip so he could buy evenmore >> if you look at apple it earns almost twice as much it is a wide wide gap. it's an amazing business here are the earnings you can put our product on a dining room table. that's not the way it used to be in this country.

>> good morning to you >> good morning. this is on the earnings results so where is this going to come from >> yeah. it was a white knuckle period over the last three or four weeks. i think it will go to growth in terms of underlying demand

china has about 70 million of those upgrades even though it has been a double where they are hoping as a home run. overall the ultimate demand is still there. i think when you kind of put it through the numbers we believe it is a trillion buy back i think 100 billion is what they were expecting they have to ren know vat. i think when you get through

this iphone cycle what is the next thing on the whorizon. it is what they could get from 2020 it is about content at this point. it is from a content perspective. they have been behind that on content. facebook continuing to look up the peak at netflix. >> and you maintain a highly attractive rating. are you not concerned about the fact that amazon is perhaps trying to expand too quickly at a time when margins are sothin

>> yeah. i think they will tiptoe there they begin advertising and health care. those will be other sort of areas that they expand into so i think they need to sort of balance going in there in terms of right now they have a green field opportunity even as they expand international which is still early days >> one quick final question, was there any good reason to buy snap shares right now? >> snap is what i would call

speculative. i think it's a pivotal there can be a turn around it could be uphill battle. >> watching putin arriving as president. that's it. >> worldwide exchange is coming up next. ♪ with expedia you could book a flight, hotel, car and activity all in one place. ♪

tired of constantly battling lingering smells in your home, like pet, shoe, and body odors? for long-lasting, continuous freshness, try febreze plug. febreze plug provides 45 days of freshness, with a unique dual chamber design that alternates between harmonized scents for a continuous renewal of fragrance. plus, febreze plug is formulated with odorclear technology, which cleans away odors instead of just masking them. for freshness you'll notice week after week, try febreze plug. [sfx: mouse click]

oh hi sweetie, i just want to show you something. xfinity mobile: find my phone. [ phone rings ] look at you. this tech stuff is easy. [ whirring sound ] you want a cookie? it's a drone! i know. find your phone easily with the xfinity voice remote. one more way comcast is working to fit into your life, not the other way around.

oil topping 70 bucks a barrel for the first time since 2014 nestle striking a deal with starbucks. shares plunging. the ceo leaving the company and more evacuations ordered on hawaii's big island. volcanos spewing ash and lava into the air worldwide exchange start