giant ge is now in a bidding war with the german firm for the lucrative power generation business. e will also beand sitting down with the head of siemens today. >> general electric and siemens are in a bidding war to take french power generator. it will represent about 15 billion euros in 2013. they have offered guarantees and put money on the table. the american energy giant says it is willing to pay 10 billion euros for the deal. it promises to inject money into french plants. pickett also tensely -- it could also potentially keep many of the french activity -- italy's since the activities are different -- french employees since the activities are different. >> the problem with siemens' offer is the company activities are similar. they produce the same product. more people are likely to lose their jobs if siemens is chosen over general electric, whose activities are different and compatible. >> siemens denies and has reportedly pledged not to fire anyone in the next three years. it estimates the power generation arm at up to 11 billion euros. the german company also offers to sw

engineering giant ge said to be eyeing france's alstom. here with more, caroline hyde. paying quite a penny. >> on a five percent premium. -- 25% premium. alstom has said, we haven't heard of any approach of a deal. we understand that ge is eyeing up its smaller rival for $13 billion. that would be the biggest acquisition ever made by ge. chief executive jeffrey immelt is trying to reverse a stock slump since he took over in 2001. caution to the wind, going for a bigger deal. at $13 billion to snap up a company which really has serious engineering. it is all about locomotives, trains, power equipment. the timing is pretty apt. we are starting to see a turnaround in europe and in the united states. that are governments looking to start piling money into infrastructure. >> the timing looks good for alstom. >> alstom hasn't really weathered the storm all that well. crisis didnancial put a brake on infrastructure investment. since then, this is a company saddled with a lot of debt. this year, they announced that 1300 jobs are to go. they are cutting costs, selling assets all

eyeinggineering giant ge a french company. here on the routine million -- dollar $13 billion deal. they want to harness this wave on focus of investment in an structure -- infrastructure. onse are companies focused building trains. jet engines, locomotives. this is also alstom's focus as well. u.s. and europe recover, they are talking about building infrastructure. looking at in january giants. this could build in engineering powerhouse. is emerging with the margins improving. one of the juggernauts in engineering. aow it is eyeing buying smaller competitor. ge trying to hone itself down and focus. it got rid of nbc universal for $16 billion. it is not trying to reduce its dependency and go for what it is good at. engineering. jet engines. locomotives. >> some european companies have been complaining about the strength of the euro. not putting off ge right now deal.he the -- teh him -- als, oust tom's shares have decreased. this is a company having a few problems at the moment. they are trying to reshape managerially. they are cutting 1300 jobs. really reducing their debt verdant.

giant. germany's siemens or us conglomerate ge what lessons are on to the ukrainian city of donetsk in the east where pro and anti russian activists adult in the streets leaving fourteen people injured some seriously as the situation in eastern ukraine becomes more volatile the united states and the eu have unveiled a new round of sanctions against russia. targeting top government advisors and the number of companies of these new sanctions were milder than men in moscow had feared. washington says the kremlin is not doing enough to rein in separate groups another building seems to be more barricades going on a pro russian activists in the town of content in each cup about what a find the latest conquest on monday it was another sign that the separatist movement in eastern ukraine remains undiminished. brussels european union ambassadors scampered to discuss additional sanctions against russia which the eu and usa is actively backing the rebels. washington has expanded its own list of sanctions which now include export bans to mention defense contractors. russian president money to put in brushe

the french government today threatened to block ge's planned purchase of energy giant allston.anctions will target businessmen close to putin. and the pentagon is buying $180 million worth of sneakers from new balance. i'm jeff glor, cbs news. ♪ ♪ [ male announcer ] spring is calling. get 10% off in-stock wood fence pickets and panels at lowe's. [ male announcer ] spring is calling. i'm mom at the playground the kids get trail mix, and you get a delicious milo's kitchen chicken meatball. i wish you liked my cooking that much. milo's kitchen. made in the usa with chicken or beef as the number one ingredient. the best treats come from the kitchen. you have three questions. coffee or espresso? oh, coffee please. ♪ is this coffee? it's nespresso vertuoline. how do they make this froth? it's coffee crema. last question. ♪ may i have another cup please? thank you. next! [ penelope ] nespresso vertuoline. experience the revolution of coffee. my 4-year-old son was diagnosed with autism. as a dad, you have all these goals and dreams and hopes for your son. and you're faced with the know

the industrial giant is said to have intervened. geng making alstom its largest investment ever. now ge is trying to prevent the move. reporter macs candle originally broke the story. now we understand that siemens is also trying to negotiate. afford to let ly go. m very outspoken industry minister making his views known that he would rather see a deal m and siemens that would create a european champion in rail. it is a complex asset swap. ge thinks they have the better offer and that deal is much more advanced than the siemens proposal which came in over the weekend in very broad outlines. there is a government story here as well as a business story we will have to see which one wins out. >> is would be an old school takeover if the french government did not get involved. comments from the labor minister. are you concerned that once again the protectionist france that we have seen in the past will get in the way of a strategic alliance or a full takeover? >> the initial reports of the full takeover, i think it does appear that the hou

giant has sent to counter an offer from general electric. the chief executive of both the siemens and e.g. met with the french president yesterday. -- ge with the president yesterday. ose in the first quarter beating as thomas. norway's bigs energy company was helped by the u.s. two other companies we are watching our nokia and some some. it beat estimates. -- and samsung. -- it beat estimates. caroline hyde is here with the breakdown. let's look at nokia. who is the new man in charge? >> and the winner is -- rajeev suri. know why it ist surprising us. of the largest units. 90% of sales. the board has confidence in him. he has to be reviving growth for nokia. it's all about equipment. stations, mobile broadband. they want to be a player. technology. they want it to the forefront. l.ving to use outdated materia how do they do that would have ericsson and huawei offer just as good equipment and cheaper price? >> his very ambition. returning money to shareholders. >> we are talking 3 billion euros. doing buybacks. also, cut the debt. they are reducing debt by 2 billion euros as well stop big plans for new korea. >> samsung beat earnings.

ge. ♪ >>> 2008 super bowl was the game they won when that new york giants receiver caught the ball withhdown with seconds left to play. a few months later the giants made their ritual journey to the white house where they were celebrated by president george w. bush. look at eli manning. he's like a little kid at this point. they're having so much fun. the president and the players. and also it turns out the home state congressional delegation. this republican congressman, for instance, vito facella, the pride of staten island, new york. vito facella celebrated all night that night, right until the police pulled him over in the condition technically known as seeing three of everything drunk. congressman facella was blotto when they pulled him over. his blood alcohol rengsed more than twice the legal limit. an arrest for drunk driving is bad news for anyone. particularly was nude for any politician. but the trouble got wort for vito fossella when he would not say where it was that he was so drunkenly trying to get to. reporters soon discovered that the pride of staten island had been pick

relieved a little hearing out his rival from ge she is thirteen billion dollars bid for austin's energy division has the blessing of the french engineering giant's board thousands of jobs and france's energy policy at stake. the french president getting personally involved the general electric and siemens are in a bidding war to take over else to do after the french engineering groups power generation on the tree presents seventy percent of the house dems revenues about fifteen billion euros in two thousand twelve two thousand thirteen. to get it they've offered money and the guarantees on the table the american energy journey says it's willing to pay around ten billion euros for the deal. it promises to inject money into french plants. this could also potentially keep many of the house dems eighteen thousand french employees since the company's activities are different according to analysts siemens meal for less optimistic future on the job front. oh and the focus remains a problem with humans authors that the company's activities this image of them is what they produce the same product. more people are likely to lose their jobs this evening wa

ge or siemens? >>> plenty of other news, the mega merger of two advertising giants is in doubt. the wall street journal reports on the publicists that can't agree on the $35 billion deal announced last july. they are at odds over who will be the legal acquirer delaying paperwork with the sec. while both companies will own 50%, one has to buy the other for accounting reasons. the common publicists have held 70 meetings of integrate committees. this is a look at the shares today in frankfurt. shares are trading lower for omnicom at 2.7% lower and pub c publicis groupe is also 1.4% lower. mylan made an initial offer earlier this month that was rejected. meda plans to remain a single company. >>> let's move on to america reportedly close to a deal to sell the consumer health care unit for close to $14 billion. the business includes consumer brands such as coppertone suntan lotion and claritin allergy bills. they also own the rights to dr. scholl's and also sell mucinex. buyers of consumer brand include alcaseltzer. a big move in buy shares. a little bit less moving in the other two

giant. he and a plan to sell off its energy portion of its activists seven percent its activities to the american ge on the subject of costumes suitors the german rivals seam and swing and now the state no longer a shareholder to get back to what we're saying now the french voters expect in a lot from the state and it does say it's a stakeholder so when news broke last week and she put her team doing dollars on the table. well the economy minister weighed in. will the mall. with this deal the french government will demonstrate the patriotic kitchen and sat on that decision will be inspired by his greatness of french industry although it is the end of the falls. born to the double act and not in france you have on the one hand the reformist prime minister nguyen and the economy minister. this is sort of these left wing. more to the west of the party. i'm sure there have treated you the straight guy she'd be able to do much and use except for the store to buy it from me so weepy. the much visited before and how much more that he knew he had a call. and even the operation room in the end. his is not so

software giants beats expectations. >>> the cost of international expansion weighs on amazon after weakness in its china unit sets off a stellar performance in the home u.s. market. >>> and georks toward a potential buyout of alstom. the economic minister says he's worried about the loss of the firm. >>> you're watching "worldwide exchange," bringing you business news from around the globe. >>> if you're just tuning in, thanks for watching the program today. let me show you how u.s. markets are shaping up before the open. negative turn across these markets. ukraine with fresh concerns about the escalation of tensions. yesterday the markets had a choppy session. also on the back of these geopolitical tensions, the dow finishing unchanged. interesting finish for the first time since 2001. but the nasdaq getting some gains on the back of the apple effect. let's just take a look at how we're faring across on the global markets, the ftse cnbc global 300, down 0.1% but off some of the lows of the session. on european markets, it is the german stock market that has been weathering the full brunt of fees of sanctions with russia, the german stock market has been down close to 1% in

industrials he wants units eventually to account for 70% of ge's earnings, up from they did three percent last year. >> number nine is apple. the tech giantsong discovery feature in the updated i was a software that will allow a user to identify a song ended artist according to people with knowledge of the matter. apple is the worlds largest music seller through the itunes store. >> number eight is mattel, the maker of barbie doll and fisher-price, unexcited first-quarter loss, workforce cuts. luster holidayck season, sinking more than six 6%. number seven is goldman sachs. the wall street firm with the highest to report equity reported a decline in first-quarter results, but it still topped estimates. goldman sachs investment banking revenue jumped to the highest level since the financial crisis. six this and this. -- sandisk. they both of their growth margin fighting and improve product limit. >> number five is google. the internet search provider fell search of -- short of estimates. expenses were up 23% in the period. sales were 19% and mobile ad rates are falling. >> number four is pepsico. the food and beverage giants said first-qua

ge said he had friendly and productive talks with the french prime minister in maris. and siemens with a swap with its arch rival, one to focus on energy, and creates an industrial giant.creating national champions. jeffrey immelt has his work cut out for him. for a long time ge had a partnership with the french government in engines and already has a card to play on. >> it will be the sales job of a lifetime. thanks. >>> rico is record iing radiumo has been fired directly related to his conviction for domestic vitamin vils. kara, you call the story strange and dramatic. walk us through it. >> he is a very high profile person and sold the company to yahoo! many years ago for $300 million and cuts a swath of colorful people in terms of being out there, blogged a lot, read books, gives inspirational quotes on the web. there was an incident at his apartment with a girlfriend, and the san francisco police charged him with five felony counts of domestic battery and domestic violence and battery. there was a videotape apparen y apparently. it got thrown out because of the way it was taken and it got thrown out and pleaded guilty to two counts of misdemeanor violence and batt

ge, morgan stanley, pepsico and many more on the calendar. i can't say it in one breath. here are the numbers for citigroup, the giant profit of $1.14 a share on revenue of $19.3 bill

giant generates nearly two-thirds of its ad revenue from mobile devices. >>> m&a talk sends alstom shares soaring. the french trainmaker says it's not aware of any offer after reports that ges planning to buy the firm for $13 billion. >>> and telekom austria shares jump after carlos slim reaches a deal to take control of the firm. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> if you're just tuning in, thanks for watching today. let me show you how futures are shaping up this morning in the u.s. markets. we are looking for a bit of a. out of the gate. the nasdaq, the underper former. we are chasing reaction to apple out to that big after hours move, 8 plus percent on the back of the share buyback and the 7-1 stock split. facebook on its numbers as well, on european markets this morning, earnings have been driving these indices into positive territory, along with m&a wuk tap. the french market has had that boost from alstom with the reports in the background that ge is interested in buying the french trainmaker. it's the likes of the too i sub, also the spanish stock market out in front on markets. >>> apple shares are trading

ge, morgan stanley, pepsico and many more on the calendar. i can't say it in one breath. here are the numbers for citigroup, the giant is expected to report a profit of $1.14 a share on revenue of $19.3 billion. we'll have the analysis and people are looking for any comments on what is going on with the criminal probe in mexico. >>> also, one piece of data on economic data today. the retail sales report from march is due out at 8:30 a.m. eastern time. and economists expect the rise of .8% following 8.3% advance in february. that's the corporate news. i think our good friend michelle caruso-cabrera, even though she's here we have more on the international news. >> a deadline for pro-russian militants have come and gone four hours ago. as a result, ukraine is threatening a full-scale anti-terrorist operation if the protesters refuse to leave. they also offered amnesty to protesters to lay down their arms, but anyone who supported violence would be punished. and this hour there are reports of another police station being seized by pro-russian forces in another part of eastern ukraine. ukrainian security forces launch ed