boosted by lending income, net interest income doing well for abn amro.etting aside less in terms of loan provisions as well. they are in credit quality remains solid and credit agricole, the traders particularly in the fixed income commodities in currencies session. they have done well for the french lender, up 4% on the back of solid numbers, posting a record performance in the first quarter and beating many larger rivals with a 42% gain in the thick part of that business. more on that shortly. credit agricole investment bank coming up -- and with a set of solid numbers. the ceo spoke to bloombergtechtv earlier. take a listen. >> again, we have been able to capture a lot of customer opportunities. we have not been taking any additional risks and indeed, the value of risk for example that we posted for this quarter was slightly decreasing as compared to the previous quarter, but definitely our teams are able to seize opportunities towards our customers and to be relevant in their commercial proposal that they are able to make to their clients. definitely

joost beaumont, head of bank research at abn amro.y secretary janet yellen warns there are no good options for solving the debt limit stalemates. that is other than congress lifting the cap. we will get more next. this is bloomberg. ♪ francine: welcome back to the european market open. we are now 42 minutes into the trading day and we have european equity markets flat to positive up to .2% on the stoxx europe 600. janet yellen says there are no good options for solving the debt limit stalemate other than congress lifting the cap. she spoke on abc's this week. >> all i want to say is that it is congress's job to do this. if they fail to do it, we will have a an economic and financial catastrophe that will be of our own making. and there is no action that president biden and the u.s. treasury can take to prevent that catastrophe. francine: let's get more on this from bloomberg's bruce einhorn. bruce, give us your thoughts on what we just heard there from janet yellen because the is in the context of some people suggesting maybe this is

it is not just credit agricole, abn amro is breaking earnings. we are going to be speaking to the deputy cfo at credit agricole. then we get to abn amro, that profit a beat. 523 million euros is the first quarter profit, the estimate had been 372.3 million. that is about 200 million euros higher than was expected. their underlying costs, this is different from credit agricole which saw costs rise, are 2.5% lower than in the first quarter, so they have been able to lower costs. loan loss provisions, they have reduced those by a whole lot more than what was expected. loan loss provisions just 14 million euros, the estimate would be over 100 million in terms of loan loss provisions. this is surprising given concerns about credit right now. but it sounds like a vote of confidence from abn amro that they are putting 14 million aside for bad credit. 10 minutes ago, we got toyota earnings, too. full year operating income came in in-line line, ¥3 trillion. global auto sales were 11.8 million units. they will be buying back shares for 150 billion yen. sup

all the western project has been, i'm the, here's one of the western nations like your abn and like tonight and space had been and the mind here in syria, if you remember last year and we have seen that that says, so it would be king and the so the account brands to refuse it. so they took it from card from president by the. 5 because they felt that the united states became more and more weeks and there is no a no need to be a western phone in order for its invitations. so west side of nations are very much angry because president a said was that say, good man. oh, good, under my a bit of a project for them. understood. can i just expand on on something you said there? syria is re admission to the art of league. how will that affect its relationship with known our country such as russia on china? perhaps steph? as i, you know, what i signed up time uh, supported on all of the nations in building and for us to match out and, and do pay thing more and more people and in building factories done is that something i'd set that up and saw china and rush, i'd prefer to or can do then with a concre

and the, here's one of the western nations like your abn and light tonight. that space has been ends on mind here in syria. if you remember last year, we have seen that that is, so it will be king that does so the congress that if you is it glass, i said a phone call from president biden. why? because the fact that united states became more and more weeks and there is no need to be western phone in order fits and dictations. a slate of anti red slogans where i heard during and this really parade in jerusalem on thursday. flag march day celebrates the capture of the city in 1967. as street fights broke only between israelis and palestinians. at least 2 members of the media were reportedly injured. is really police have been accused of using live fire with all of us to mean flags draped on board or fences in gallons in support of protesters in the muslim quarter of jerusalem's old city. and the accusations of mister treatments are just focused on the mainland, as ortiz maria notion to discover of the dishonest. slowly going down at the pool to gather them, the

all the western project has been and the here's one of the western nations like your abn and light tonight. that space has been in the mind here in syria, if you remember last year, and we have seen that that is so we can get the so the account rest of the fuser law. so they said a phone call from president biden. why? because the fact that united states became more and more weeks and there is no need to be a western phone in order fits and dictations. alright. time again to develop into our journey across the world's biggest country, shown thompson as being the thing. fascinating people experiencing some incredible sites on sharing it all with us in the show in love and visions on today. the way for peace. rubbing it with us for the the look forward to talking to you all that technology should work for people. the robot must obey the orders given by human beings, except where such orders. a conflict with the 1st law show alignment of the patient . we should be very careful about personal intelligence. the point obviously, is to create a trust rather than to the area. i mean with artificia

and the here's one of the western nations like your abn and light tonight. that space has been undermined here in syria, if you remember last year, and we have seen that that is so it would be king that does so the account brands to refuse this law. so they said a phone call from president biden. why? because the fact that united states became more and more weeks and there is no need to be western phone in order fits and dictations. the u. s. is conducted see a wide spread search by legends chinese spies in the country near the eyes, open thousands of cases and the set sail hearings on the mass of incomes. this flight, a previous initiative in 2018 that produced questionable results on things couldn't open things up. the story. a i congressional committee decided to hold yet another hearing about alleged chinese spying in america. the ccp took advantage of our good faith as well as our technology, our know how and our capital to grow strong. but once they felt ready, they began to decouple from us. well now the air of wishful thinking is over us leaders cont

once we destroyed the soviet union through the abn, now it is through this front of the enslaved peoplesonvince these peoples who are in russia under the russians under putin to get their independence, it is the same the anti-imperial struggle is now actually our, well, not our state policy, but it is very close to the state policy and, for example, of our baltic countries, they are absolutely clearly convinced that the security of the baltic countries will only when russia collapses, well, in the end, we are also convinced that the future generations of ukrainians will be safe when russia collapses, that is, these nationalist ideas of ours, what are we , what were we going with, were we fighting, they are current now, they are in politics political struggle and in the sense of coming to power there, well, the organization of ukrainian nationalists is not a political party, and we do not go to the elections, that's why i am convinced that you see, mr. oleg, but several important principles are important here. i seem to be asked questions very often i discuss with the nationalists on the

about this multiple myeloma abnormal pro teens genetic mutations, right tumor look at it with tumor has abnave known seen done before that is why you are seeing this success rate more we work with this technology, better it gets the better the fit is. remember, we also have genetic that we can snip out genes that are causing the immune cells to do things we might not want with cancer cells can edit genes also being studied closely. maria: we stalked about that with michael milken recently incredible innovations what about cancer drug shortage we are hearing about in united states forcing doctors to reduce chemo doses, what -- how do you see that access what it can be done to alleviate the supply shortage. >> i thought "the wall street journal" did great editorial on this a few days ago due to the fact 90% drugs are generic, even cancer drigs mostly generic blood clut busting generic, with cancer drugs you have companies like teva saying i can only afford to make so many i can't make all i am not going to compete with 15 other companies then we have the united states government with medicare

they're taking abn idle rig and bringing it back this is a good name. >> thanks, everybody i'll see youy. welcome to "the exchange." with a big hour ahead. i'm kelly evans. google's developer event is cooking off right now. investors want some reassurance about google's ai plans.l the b headlines as we get them >>> speaking of ai, it's helping shares of ba lingual so how are they using ai to its

they're taking abn idle rig and bringing it back this is a good name. >> thanks, everybody i'll see you on the "closing bell." ♪ ♪ >>> hi, everybody. welcome to "the exchange." with a big hour ahead. i'm kelly evans. google's developer event is cooking off right now. investors want some reassurance about google's ai plans.l the b headlines as we get them >>> speaking of ai, it's helping shares of ba lingual so how are they using ai to its benefit? the ceo joins us alive >>> and with fresh signs that inflation is cooling and new data that spending on services is slowing, is the stage set for a fed pause in june? you know we'll debate that first, a look into the the markets. hi, dom. >> it is a debate in the markets and it's about the fed if you look at the markets right now, it's mixed. kind of flattish you look at the broader s&p 500. but the real story is about the trading range that we have seen today. some of the more encouraging parts of that cp ireport this morning did lead to a high of the day of around 35 points in terms of gain for the s&p 500. we've been down as low as seven. s

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all the people that murdered my child that was there, hannibal tomas, paris, andrew, jason tomas, abne hunter, marcus carter. one of them is deceased and it may be the marcus the last one. but you have all the names of the perpetrator who murdered my child. why isn't my case solved? we brought up about money being paid out for our children so that we can, so the cases get solved. they said they were going to hire people to at least talk to any tipsters that give information, that can help us with our cases. what do we do? sometimes i just don't know what to say when i come down here, that's why i talk with my pictures, that is what i'm left with. my son's case number, i'm sorry, his case number is 060862038. anyone can call in and reference that case number to talk about if anything about my son. and not just my son, there is other mother and fathers out here. again, please let the mothers call in. they're going through mental issues, they cannot come down here. >> for any members of the public that has information on the murder of aubrey casa, you can call the tip hotline. is there an

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