. >> i am anna edwards. are standingorters by a crossed the world and ready to deliver stories that will drive your day. we'll get stills from the world's largest jewelry maker. airline hide will have those numbers. we are also following microsoft news for the new ceo candidates. i'm getting tough on bank capital. and in sydney, the poor job numbers. sweetest have the story of the day. more regulation on sugar that affect profits. we will take a look at those numbers. china. the government is urging people to stay inside. breakingget to numbers. the jewelry rocket maker is releasing its numbers. >> we know the brands well. not living up to expectations in the third quarter. we are staying shy of just 3 billion euros. analysts expected just over $3 billion. it is a misstep there. the gross is also a miss. sales are rising nine percent in certain currencies. many have been hoping to see double digits. double digit growth is not out of their grasp. china, this is where they said they are expect in it to be the

i am mark barton. >> i am anna edwards.:00 in london this thursday morning. bloomberg reporters are standing by around the world ready to deliver stories that will drive your day. we have details of a slide in stock prices. manus cranny has been digging into bernanke's policy decision. and also looking at nintendo in desperate need of a power up. we will look at what the company is doing to boost its profits. anothernovo with purchase. hans nichols is in berlin. big on the super bowl with the new ad campaign. and caroline hyde on facebook shares. >> let's tell you what is coming up on bloomberg this morning. .e have some big interviews we have andrew griffin that will join "countdown" after the earnings break. we will also get results from menezes.'s ivan >> china manufacturing shares -- david with us from hong kong. good morning. >> good morning. it is a confluence of factors really. asia welcome to big declines on wall street. it is all of the uncertainty out there. you have a lot of these unexpected moves. you have new z

. >> i am anna edwards. bloomberg reporters are standing .y ready to deliver the stories in a berlin, david tweed covers sap. their earnings are breaking it now. >> unilever's numbers. and hong kong to the lenovo/ibm story. it's a possible to make a new profits in music streaming? a new company is trying it. getting earnings from sap, the german company, the biggest maker of software. they all felt fourth-quarter results. it is announcing its output for 2014. and 2015. it sees its operating profit this year between 5 billion euros and 6 billion euros. just slightly below analyst' e stimates. it delayed its margin operating target to 2017. it delayed its profitability target and that seems to be the biggest news pushing back profitability target of by two years. it is chipping stemcells from licensing business to program delivered over the internet. they said operating profit at adjusted for some items will probably reach 35% of sales by 2017 rather than in 2015 as previously projected. let's get contacts for

i'm anna edwards. >> and i'm mark barton.ond buying impact on financial stability, our next guest is the tapering of those purchases finishing by the end of the year, the fixed income director at hansen global directors. billione minutes, 10 per meeting finishing by the end of december? collected feels like it. the clear guidance was that yes, they are beginning to be concerned about some of the aspects of quantitative easing and want to keep tapering in place. they have greater confidence that the economy is doing well enough to continue. >> what about a potential called in the wheel concerns about the celebration in consumer prices over the year? many talked about that in the preferred measure over half lower than it should be. could more tapering be held off because of inflation at lower levels? >> it's possible. inflation is so low that it has to be a concern for the fed. unless it falls to extremely low levels, less than 0.5%, they will hold off. >> is this because -- you've mentioned that this is coming from emerging ma

. >> and i am anna edwards. reporters are standing by across the world. they are ready to deliver the stories that will inform your day. report on thes to president's struggle to keep his private life private. >> and how this veggie may have helped over the holidays. and the private equity firm may be hungry for a taste of one of the top companies. that story ahead. and what it will take to monetize sports franchises. >> some of the big inner views that are coming up on bloomberg television. we are meeting with some of the heavy hitters. first, the ceo of the u.s. team in brooklyn. we will be with him on countdown. ahead is the nba face-off in london against the atlanta hawks. >> and we look at how car racing is going global with the infinity red bull team. plus, we talk more with the chief commercial officer for the arsenal team. he talks about how he is working to promote the team to win international fan base. >> asian stocks are higher this morning. that after the world bank raises its forecast. it sees the world economy expanding 3.2%. that compares

i am anna edwards in london." on bloomberg television. let's have a look at one of the top movers today. vodafone down by 5.6%. at&t has said they are not bidding for vodafone. they had to satisfy the takeover rules in the u.k. they say they are not bidding. that comment is good for six months. that is it at the moment. 11.9% afterdown by that company came out with a profit warning, announcing a non-cash impairment of approximately $2.4 billion partly to do it egypt emma partly to do with the united states. numbers will be out on the fourth of february. we spoke exclusively to the former president of the european central bank, jean-claude trichet over the weekend. he told us the davos man -- told us what the davos man has got right about 2014. >> the davos man is probably right in thinking that year to is -- 2014 will be later with andth all over the world with a little bit more growth than last year. again, the mood is good and you can understand that from a short-term perspective. of course, risks are still the

welcome to countdown, i am mark barton. >> and i am anna edwards. check in with francine in davos. is the chairman and ceo of spain's largest power company. thanks for joining me on bloomberg. before we talk about renewables and the renewable sector, the mood is optimistic. >> there has been a tremendous change in the last year. last year, people felt upset about what was happening. this year is more optimistic. -- last night, i had dinner with the heads of the latin american countries. same thing in the rest of the areas of the world. the urine haveng to go, there was talk about a spanish bailout. do you really think the eurocrisis is over? mentioned, the spanish prime minister is a person who is reflexive. he had a lot of information. he will make the more right decision. he did. is most difficult decision with the bailout. we recognize that was a success now. spain has moved out of the crisis. -- spanish companies visiting the most important financial towns. i predicted it would happen. there was a concern about whether it will be real. spain is

. >> i am anna edwards. time in london is 6:31.casting beverly between bt and sky -- rivalry between bt and sky. investors are focusing on the company countries and the launched sports channel. jonathan ferro joins us for more. pitting these two titans of the u.k. business scene against each other. >> i don't think you can talk about one without talking about the other. we saw a record acquisitions at sky. the big question is how well has bt done? i spent almost one billion pounds to get the champions league rights. the big issue is not the right now but how this plays out in the next couple of years. just check out how many -- how much ram your league rights have ballooned. if you want to buy them, sky paid 1.6 billion pounds for three seasons. that jumped to 2.2 billion in 2013. the question is how much will they pay when the next auction comes about? that is at the end of this year at the start of 2015. look at that inflation. year back inunds a 92. now, 560 million. how does sky absorb these costs? bt is coming hard to push sky

a warm welcome to those just waking up in the united states. >> i'm anna edwards in for francine lacquanew year. >> a very happy new year. let's talk about samsung. a cultural shift in the company to stave off competition. next. uld be ech changes quickly. >> some sung has had enormous success competeing with apple. samsung has gotten the farthest there and by some measures, it has actually been more successful than apple, certainly in emerging markets and in asia. that can breed a certain amount of complacency. the landscape is littered with those that didn't keep up with the pace. asian companies struggle to keep up with more nimble american players, i'm talking about sony and panasonic, which have had terrible problems over the last few years. samsung is saying don't let this go to your heads. stay nimble and focus on software. that has not been their strong point. they have converted their energys into smart phones without picking up a lot of the software expert's which is so important. >> is this about taking on am or their relationship with google? >> the relationship with google

i'm guy johnson. >> i'm anna edwards. francine is off today.e pulse." >> let's start with the ukraine where the prime minister said he would resign. prime minister as rove said he could step down to help bring an end to street violence. >> the ukrainian prime minister has offered to resign. the president has not accepted his resignation request just yet. -- his offer is accepted by the president, he would remain acting prime minister until someone agrees to accept the job. he said he is doing this as an olive fwrooverage the on decision to quell the protests. the opposition or at least two opposition leaders said they don't want that job. so it is entirely possible that as prime him minister for sometime. they have been in recess at the parliament. they are supposed to come back in. he says i'm prepared to share power. why don't you accept it? >> to what extent is he prepared to share power? power is quite concentrated in the you can rain in the president's hand. >> the leaders are in the head of the parliament's office now. i suspect that is e

i am anna edwards. this is "the pulse," live from london.. >> euro area november unemployment has held steady at 12.1%, what the market was anticipating. >> the market was not anticipating the retail sales number. on the month.4% the estimate was for an increase of 0.1%, much stronger retail sales from the eurozone than the markets had been anticipating. we will keep an eye how that is affecting the asset classes this morning. how is that affecting the euro? 5. not at all, 1.360 a small pickup. is it the germans that are spending more money? that is a question that needs to be asked. >> one that jack lew will be thinking about, about to get tough on germany. he is in berlin and will be meeting with the finance minister wolfgang schauble, pressing the government to boost domestic demand. we are joined by hans nichols. we don't know how the germans are spending and this number, this is a eurozone number. we had retail sales yesterday from germany, an interesting picture. consumer isean spending more. german consumer is spending ,ore, this will

. >> i am anna edwards. a warm welcome to the program. are ready to deliver the stories that will drive your day. jon ferro is looking ahead. ryan chilcote is on the ground at the london boat show. >> we have another quarter of sliding sales. there is competition from chinese brands and, who better than manus cranny to talk about center stage in london. -- london? >> george osborne will set out his vision a more spending cuts in a speech and lower taxes. >> not a cheery message for a lot people in one of the fastest-growing economies in the western world. you have unemployment and -- of unemployment falling and economic activity rising. truths andr of hard the government will not be losing the purse strings. tempering andot this is about minimizing the government's role in the economy. incentivizing and hiring more. funded bynot be borrowing and, as we start 2014, really, this is about setting this up for next year. >> it is a big year because the election. despite the improvement in the economy, the conservatives are losing some of their

i'm anna edwards in london. 8:54.ecap on the biggest market movers, jon ferro is here and ryan chilcote and manus cranny as well. manus. talk to you. >> lloyds raised -- it could be investec. push for the liable, $200 billion and change. >> just briefly, ukraine. an update. the prime minister offered his resignation about 40 minutes ago as the parliament began an emergency section. he could remain the acting prime minister. somebody has to take the job. the opposition said they would not accept the post. you would expect instability and bond yields to go up. they are interpreting this as a concession to the opposition and yields are falling. >> jon, let's focus on the technology sector. the read from the apple numbers. >> apple projecting the first quarterly decline for revenue since 2003. the big supplies for likes of arm and dialogue falling. >> arm down by 2.6%. that is a wrapup of what you need to know in terms of the market moves this morning. "the pulse" is up next. don't miss guy's conversation with the former

"the pulse" is up next with guy johnson and anna edwards. ♪ . . >> giving the germans a hard time.. treasury secretary, jack lew, pushes berlin to reverse the country's widening trade surplus. >> alan mulally bows out of the race to run microsoft. >> and another big unveiling at the consumer electronics show. sony takes on netflix with its own internet-based tv service. good morning, everybody. you are watching "the pulse." we are live from bloomberg's europeea

. -- anna edwards. blackberry is looking to the past to brighten his future. how their newn ceo is driving a return to physical keyboards. the details ofs the profit samsung prayer to >> how to 1000 u.k. businesses feel about the economy? we dig into the latest report by the british chamber of commerce. and jack lew's agenda as he stops in paris. onemphasis is back keyboards. that is according to ceo john chen. chen is trying to rebuild the company after blackberry's 10 touchscreen models fizzled with what customers last year. it contributed to the means of dollars of write-downs. the return of the keyboard. >> i'm not going to hide it. i have been a blackberry user and i was sort of wondered what happened to a company when every new model they come out what -- out with is a little bit worse than their preceding model. as a fan of the keyboard, i had a big issue with not only the touchscreen but also in blackberry did that. even the hybrid ones. you did not know where to press and it was always making errant phone calls. >> and inconvenience. >> it is very inc

." ♪ >> i am anna edwards in london. this is "on the move" on bloomberg television.al rating for european factory output are released across the european union this morning. david tweed is following them from berlin. what do we have so far? we have numbers out of spain, also sweden and ireland. these are important numbers to look at. they are the final numbers but we do get a little more detail about what is going on with regard to manufacturing from the purchasing managers who are surveyed. 5000 are surveyed by market economics. 3000 of them put in manufacturing results. to me just give you ireland. those numbers were fresh and they did show a six-month expansion in manufacturing activity in ireland. the number we got for december, 53.5 versus 52.4 in november. purchasing managers who were interviewed said it has been driven by export demand. the main destinations for those irish exports, china come of the u.s. and the u.k. the other important information coming from ireland is the fact that we are seeing seven months of job creation. unemployment levels in ireland

welcome back to "countdown i am anna edwards. it is time for "hotshots."takes guts to drive off of acapulco's most famous cliff. it may take even more guts to climb them. they spent hours scaling the 35 meter cliff, picking up rubbish and by tourists. that sounds like risky business. purple grapes and luscious vine leaves are in abundance here. these grapes are growing in israel. hasdding wine group developed here. a 10 meter horse shaped lantern was paraded through singapore's chinatown. the celebration included colorful displays and was part of the official opening ceremony for the upcoming chinese new year which commences the year of the horse on january 31. mark, back to you. >> last night's golden globe awards proved a big night for american dramas. from the amc tv series breaking the two films like american hustle and 12 years a slave. our news correspondent joins us on the phone from los angeles. good morning to you. i suppose the awards were fairly balanced. it was evenly split. you probably have to say that "american hustle" came out the big winne

. >> i am anna edwards. of flights have been canceled in the u.s.ces blizzard conditions. a foot of snow has fallen in some areas. new york city- schools have been close. goldman sachs raised 2012 pay for u.k. bankers even as it --lines assets in the u.s. even as it u.s. peers decline. that was a 77% rise from the previous year. reported figures under the u.k. disclosure rule. advanced on the an unemployment dropped. let's get more on that with david tweed. how significant is this data? a very mixed picture emerging. look at these monthly numbers, jobless claims numbers out of spain. they are not seasonally adjusted. we often gloss over them in favor of the quarterly numbers. that shows a unemployment rate of 26%. you cannot ignore that we are seeing a market reaction to these numbers out of spain. the 10 year bond yield is down well below 4%, sharply lower. it felt again yesterday after numbers show that spain's manufacturing is expanding again after a contraction in november. look at the two-year bond yield, that is at a record low. it is worth lo

anna said. when it comes to that story snowden is no longer in control the journalists are in their promising more revelations edward snowden is not guiding the stories he handed over a certain number of documents needed to other reporters six months ago and he told us the hope that we would use around dutchman has not tried and would not succeed in telling us what to publish when not hopeless and dom in a week ago for one of the top of dough instead. in washington dc sent stocks artsy. believe it or not here now at the end of twenty thirteen it's been a monumental year to say the least. this year we saw huge advancements in the play for same marriage in the aftermath of the chemical gas attack with sa president obama in a us strike on syria most recently was on the death of former south african president and international icon nelson mandela. well it's important to reflect on the events that have defined it this past year in history. it's equally important to look forward so that i pull out what we can expect next year and twenty fourteen are cheese on the stasi a church and sat down with gerald soul and take. he's

edward snowden a 29-year-old hacker. during his speech yesterday he did acknowledge for better or worse that snowden has had a major impact. tucker, annaayton, back to you guys. >> thanks a lot, elizabeth, that was nice summation. the president says nothing he has learned since the review suggests that the program violates the law or that civil liberties have been breached, when is sort of amazing. we don't know what the law is its interpretation is classified. we are not privy to that. >> only gotten chunks of it after snowden releasing the information. >> some of the programs and one of which he addressed yesterday phone portion of it text messages? >> any text message you send that is up for grabs. >> they can keep those. >> emails will still be grabbed. a question is they are not ending this the next 60 days the government still has free reign to explore all of these phone records and they don't know where they are going to store them. >> not foreign leaders. foreign leaders, not u.s. citizens if they are allied can be spied upon, can you be spied on. protecting noncitizens but. >> angela merkel but not anna kooiman. >> angela merk