stay on board when we ask carlos ghosn about this and much more allianz q4 targeting 2018 operating profitf 11.1 billion euros. about 15 minutes ago we had the euro sales numbers, disappointing, expectations were at 2.6%. they came in at 1.6% that is higher than the december of 1.5%. relative toex pe relative to expectations, this is another miss. the consumer spending habits in the u.k. continued to come under pressure that's something to keep an eye on and has been weighing on all markets, currency, in the last 15 minutes >>> elsewhere, the race to mars has the competitive juices flowing amongst aerospace users. the falcon heavy launch by elon musk the boeing ceo says the work of musk and others is competition >> they are adding energy to the space market we like the attention that that is generating. it is good for the country i prefer to put our focus on performing, operating, delivering for our customers we are building that first rocket to mars it is about 36 stories tall. we are going to the first test flight in 2019 the first person that gets to mars is going to get there on a boei

interesting to hear from carlos ghosn this morning.atch the auto stock on the open in what is expected to be an update for markets. this is bloomberg. ♪ ♪ -- it is theet european open, 15 minutes ahead of the start of cash trading. back to the bloomberg's new/with ed ludlow. says therance cfo company won't launch a discount arm yet. afterng to bloomberg tv reporting full-year operating revenues up 42%, the air france cfo says demand and load factors are increasing. europe's biggest carrier planned a major hiking capacity with a boost to seeking as much as 4% this year. he played down the prospect of investment in joint venture partner and italian -- alitalia. alitalia, if they are able to be a partner, would be good. we are interested in what is happening considering alitalia, but it doesn't mean we will be involved with the other company. ed: europe's biggest insurer is raising its dividend and sticking with a planter retaining cash -- return cash to shareholders despite a year of natural disasters. 5.3%,z will increase by that is the

and to ceo carlos ghosn's management decision.is you elusive unknown to the success of right now is we the success of cobblestones business model which is focused o on providing access to the product. was many consumers as possible. something that few people dead to try that was. it's a great success. positive geographic expansion which will bring morere success in the futur. as well as healthy management focus on a long time. but the good news comes with a copy out for the chief executive. of the board renewed his term for another four years his salary will be cut by thirty percent. at the request of the french government which owns a fifty percent stake in a car company jeez how long. items the gone very clearly that we could not vote for a leader had such high earnings. and if you want to stay to vote for his contract to be put on. the salary had to be decrease the muzak. despite the renewal of his contract. is gradually preparing his departure. name's terry boulder a chief operating officer positioning him as is most likely su

chief executive carlos ghosn will continue to take the reins at the company for another four year term toymaker bandai has parted ways with saban brands. they‘ve been making power ranger toys for 25 years. power rangers is still shown on us tv and remains one of the highest—rated and longest—running live—action series for kids. its been an interesting morning on the markets — with wall street and asian markets continuing their recovery after the early february slump, european share prices are off to a good start in early trading. on the currency markets — the pound was heading for its best weekly performance for a while — but its now slipped into negative territory against the dollar, as investors mull over that weaker than expected retail sales. that‘s all the business news. i will be back in an hour. let‘s get more now on the news that oxfam is setting up an independent commission to investigate allegations of sexual exploitation by staff. speaking to our diplomatic correspondent james landale , the international head of the charity , winnie byanyima , explained why she believes the

french car giant renault has asked carlos ghosn to stay on as chief executive for a further four years of the world's biggest automotive group, which also includes the nissan and mitsubishi brands. us regulators have rejected the sale of the chicago stock exchange to a group led by chinese based investors , over concerns with its ownership structure. the deal has drawn criticism from us lawmakers who questioned the sec‘s ability to regulate the foreign buyers if the proposal was approved. japan's government has today nominated haruhiko kuroda for a second term as the country's central bank governor. the decision is being seen as an indication that the country is in no rush to dial back its massive stimulus programme. let's go to our asia business hub where sarah toms is following the story. tell us more. how is this going down? it's been a good day for japanese markets, investors breathing a sigh of relief. the markets up just 1%, the yen is the strongest in 15 months up against the us dollar, showing investors wa nt the us dollar, showing investors want continuity over change. kuroda

the strong financial performance may help chief executive carlos ghosn to resist pressure from the french has also agreed to cut his salary by about 30%, renault confirmed, securing government support for his reduced package. last month renault said global vehicle deliveries rose 8.5% in 2017, with about a third of the growth coming from europe, helped by its new koleos mid—sized suv and recently revamped megane japanese toymaker bandai has ended its partnership with saban brands to produce power rangers toys after 25 years. it may surprise you to know that toys from the mighty morphin children's tv show have been made consistently from the 1990s — but production will stop at the end of 2018. power rangers is still shown on us tv and remains one of the highest—rated and longest—running live—action series for kids. european share prices up to a good start in trading. the pound is slightly down on the back of that wea k slightly down on the back of that weak performance on retail. so that is all from me. the actressjennifer aniston has announced she is to separate from her husband justin th