they have told me that they have got extra things in place such as hiring and axa.ing lots to prepare. i have been in the council control room and they are monitoring things closely, even to the extent that tomorrow morning they are going to set up an emergency planning room and that is where all the emergency services will come together, so that they can coordinate a response, should they need to. because schools, social ca re need to. because schools, social care could be disrupted in the coming days. also, they are taking into consideration the fact that the homeless are amongst the most vulnerable here. and local charities are saying they are doing all they can to help and support these people with extra blankets and food ad offering shelter. but there is a worry here amongst the authorities that this might take people by surprise. there is a morning to night to people to be prepared. thank you. we will be keeping a close watch on how this situation develops. if you wa nt how this situation develops. if you want more information on the weather where you are you

she's thinking about it but it seems more about press rather than in is axa going to be a successfulroven... this is an emotional support, can hamster... what in your view merits emotional support?” don't think... i don't know, i am a dog person. there you go. 0k, well, it was one of the more bizarre stories we've had to do with the day but sadly, pebbles is no longer with us. we will see —— spirit air was the company that made that decision. thank you very much for your company here on the briefing. we have a lot more to bring you hear on the bbc. from me, david eades, and the rest of the team, goodbye. hello there. yesterday morning, some of the coldest air was across the southern counties of england. with a sharp frost, temperatures in shoreham, towards the south coast of england, got down to —6 degreees. compare that with northern ireland, where we were three degrees above freezing. but fortunes have rather switched around this morning. the coldest air across the north and west. it's mild further south, where we've got this band of cloud and rain moving its way slowly eastwards.

. >>> axa has aexpe expected net profit. they also proposed a 9% dividend, topping analysts forecasts. axa said it was not hit as hard as rivals by natural disaster costs thanks to its reinsurance contracts. it plans to list its american life insurance in the second quarter of this year >>> rsa has raised its shareholder payouts on the back of better than expected full-year operating results. speaking on "squawk box" earlier, the cfo told us about his plans to digitize the business >> would be wrong to assume that everyone wants to go digital and transact on a digital basis. many people still want to transact on a face-to-face basis. for more complex risks it's important that that happens. it's important advice and interaction that continues by the fact we're a sleepy company, and we're investing heavily in digital right across the organization, i think i said on here before we are now one of the market leaders in the young driver space, telemarket, that's digitalization at the leading edge >> full-year revenues have increas

axa could be open to sanctions because of business dealings in iran. spays around $21 million to rent space in trump tower. the italian government is reportedly investigating whether the company dodged 1.5 billion in taxes. nike pays $13 million a year for its niketown store near trump tower. the company is leaving the space this spring after opposing the president on trade and the nfl protests. trump's tenants also include two of the nation's largest banks. bank of america rents space in a san francisco complex, in which the president holds a stake. that rent is estimated at $18 million a year. one pays an sti milli estimated $1 million a year to represent space on park avenue. the president's tenants also include a federal agency that he oversees, the u.s. postal service pays $25,000 a year for an office in a brooklyn development. the president holds a 4% stake. and rupert murdoch's media empire appears to be paying 00 50$,000 a year to leasen a antenna. joining me now is dan alexander who worked on the story. dan, great job. thorough reporting. we d

i look at bitcoin as solving a different problem than what axa rv is solving -- xrp is solving. think you will see multiple players have success in this market. i think that is how the market is behaving we'll have a little bit of quality rising to the top and how the overall market s have been trending. emily: for some, there will be more regulation. what are you expecting? brad: i hope there is more regulation. i think if we want a whole asset class to grow up and mature, of course there should be regulation. those that combat regulation are not thinking about the benefit. the revolution of blockchain is not going to happen from outside the system. it is going to happen from within the system. governments are not going to go away. banks are not going to go away. some from the community come from that anarchistic libertarian view. one of the reason why ripple has been successful is we are working with the system. we count the bank of england as a customer, the saudi arabian monetary authority is a customer.central banks are working with ripple today. we expect that to continue

shares are down 4.5% >>> axa reported better than expected 2017 profit ahead of the planned ipo of itsife shirns business this year. the company says it wasn't hit as hard as some of its rivals by the series of costly natural disasters last year. it is up 0.9% in french trade. >>> shares of avis budget jumping this morning the car rental company blowing by estimates revenues in line but earnings were ahead the company offering upbeat full-year profit guidance. >>> in other corporate news, danone is suing a former high-level sales executive for allegedly stealing confidential company strategy and salary data before leaving for rival chiboni. according to the complaint the employee forward business details and downloaded thousands of company files and took a sim card out of his company's cell phone in the months before his rez zig naisignatio resignation. the case is being heard in a federal district court >>> still ahead on "worldwide exchange," the top stories and a run down of the global market picture. >>> and heading for an m&a showdown things are heating up between broadcom and qua

in fact, in a subsequent interview with the daily beast, jacob jared said that axa purchased a weaponor him and had trained with him until has he as well. on a twitter-like social media platform that was set up to provide a home for what supremacists who have been kicked off twitter for the odious views, jacob jared, the leader, walks that back and said, oh, we're a number of people named nicholas and i got confused. it is hard to know it jacob jared was using this tragedy is a way of getting his organization's name out there. if that is the case, it certainly worked. it is also possible that nikolas cruz did have some white supremacist views. the sourcing on that is a little bit shaky right now and it is hard to know. based on some of the comment he made against ant aggressively there was some politicalifa ideology on the right, but at the same time, is a little unclear whether he was indeed a part of a was a prim sister group are identified with a premises to ideology. amy: and you have his friends a islamaphobic, he was saying whitetes or supuperio blacks and latinos. and then cont

manus: talk to me a little bit a about axa. they are getting a boost from the u.s.of their business. ksenia: that is also a positive story. they did well because of their u.s. business, higher fees over there, as they prepare for an ipo of their u.s. unit in the second quarter. so this is the good news on the stock move as well. manus: thank you so much for being with us, joining us from russia. now, we have a conversation with mark cutifani in a little bit, just after 8:00 a.m. stay tuned for that. a couple lines coming through. this is from bae. mark cutifani will join the very shortly. hsbc a focus, barclays, also imperial. going ex-dividend. says-hawk ceo aroduction could act as headwind. stocks open lower. ♪ manus: a couple of minutes ago until your trading day begins. a quick snapshot of what needs to drive your thinking. dollars are bid, equities are offered. want awant? a haven -- hidden? the dollar is up for the fourth day in a row. you are seeing a little bit of decision-making here. volatility in the nikkei above 20 for the 13th day in a row. volatility h

in terms of the business, we heard from axa that they wereenw headquarters as well.e [indiscernible] to what extent are you facing out coverage for parts of the global economy that you do not like because of their impact on the climate? active onextremely theng our contribution to sustainability of this world. one thing we have been ends -- investing strongly in his the -- is the flood insurance. year is creating every many more damages than the other natural catastrophes. we have been leading in different places of the world to protect against the consequences of flood insurance and i am proud of what we are doing. maybe we do not have an insurance presence. to get better prepared. investing in on companies which are sustainable and we have been taking measures on industries which are polluting. but we're doing in flood is outstanding. anna: thank you for your time. we appreciate your insights. mario greco joining us there from zurich. we will be live in frank for it at the gic banking series. manus cranny has a host of great guests tuesday to about the developments

french insurer axa got a lift from its u.s. business last year. health to be income estimates.e learn from the ecb account from the january meeting although,orning that overall, they were comfortable staying the course for now, some officials were ready to remove a pledge to expand the bond buying program is needed. " some members expressed a preference for dropping the easing bias regarding the asset purchase program as a tangible reflection of reinforced confidence in a sustained adjustment of the path of inflation. that sucht concluded an adjustment was premature and not yet justified by the stronger confidence." we welcome from frankfurt, paul gordon. we don't want to read too much into this. at the same time, a piece of evidence that is new to us. paul: it is important not to read too much into this. these governing council members is did not carry the day. expand of continuing to your qe program, you say, we are going to carry on up to a certain date, we may be extended but we won't expand. ultimately, you shift to saying total stimulus, free loans to banks coming negativ

david: let's bring him back into the conversation from axa investors. this -- in hindsight when we look at the vix, it did not do what it was supposed to do, which was to provide an accurate indicator of where the market is. can i trust the vix again? mark: the vix is really the price of put options. at the end of last week, puts were really cheap. it was not reflecting complacency, but the fact that there are a lot of people selling puts. it was selling puts and buying calls. it is not a fear index. the inverse of it was a greed index. many people here in hong kong did very well out of hanging onto the hang seng. but it was the first christmas season in a decade for people said, you work and financial markets, should i be buying hang seng, bitcoin? there was a greed around after constant fear for a decade. reflectedys, xiv that. what we see at the moment is a shakeup. some people borrowed money from other people to participate in this peak. where it settles depends where the bond yields and leverage is. if i said it look at asia itself -- in china in 1

a little bit later on we will be axeld by axa labor -- weber.'s get straight to the bloomberg first word news. >> societe generale has the estimates -- has beat estimates. it was expected to post a loss. the ceo of france's second-biggest lender is upbeat. >> first of all, fourth quarter we did better. decline.very modest >> u.s. senate leaders have announced a budget agreement that would provide nearly $300 billion in additional funding. extend- the plan would the national debt to 2019. the dollar rose on the news about the deal as did yields on the 10 year u.s. treasury. senior white house aides have violencedomestic allegations against president -- against -- before his resignation. it was not clear who knew of his history with his ex-wives or how much they knew. 2 officials say that trump himself was unaware of the allegations. china's overseas at have held up, despite the strong you -- the strong yuan and higher trading tensions with the u.s. imports increased 36.9%. there was a trade surplus of $20.34 billion. global news 24 hours a day, p