i'm joumanna bercetche >> and i'm arabile gumede. these are your headlines. >>> european markets get off to a high wall street opening losses after fed chair jerome powell signals more rate hikes are ahead. >>> fourth quarter reported net products slumps 35%, but it still seeks expectations he expects economic conditions to improve. >> the central scenario we've had for many months is that of self-planning. not a great growth zero plus in the u.s. as well as in the eurozone, but amid a catastrophe b we see the market controls very well. >>> there's a record-break ing result on the energy sector. and the selloff deepens in the wake of monday's massive earthquake almost 9,000 people now confirmed dead with many more missing. we'll be live in turkey this hour >>> good morning, everybody, and welcome to "street signs." as we've been talking about the last couple of days, the stockmarkets are very much in central bank watch modes, and yesterday we got a little more commentary on fed chair jerome powell speaking yesterday in washington it

i'm joumanna bercetche >> i'm arabile gumede. these are your headlines >> bp doubles it's annual profit and adds $2.75 billion in share buybacks as the ceo defends against criticism on renewables saying the company is making significant investment >> we will spend more in the growth engines as at the same time invest $8 billion more this decade in oil and gas. that provides the energy security and energy affo afford affordability. >>> and siemens falls to the bottom amid the wind unit is off course the ceo says business is generally good >> we see the transform business we see the low level in the wind business >>> losses narrow at softbank vision fund, but the company has a net loss of 900 billion yen as the cfo sees the highly anticipated ipo. >>> and french bank bnp misses for the fourth quarter, but raises targets for 2025. the cfo tells cnbc the macro outlook is still uncertain >> it will take maybe one or two quarters it could be a slowdown it could be a stagnation it should be short in duration and business should pick up.

i'm arabile gumede these are the headlines. european markets take in the fed effect after the central bank hikes rates at the slowest rate in the year. now we turn to the bank of england and european central bank. >>> company news shell with $40 billion in annual profit and revealing a share buyback plan the ceo tells cnbc he aims to transform the company for the customer and the shareholder >> spimplification of the structure to make sure we are structured in the way to deliver the vision and real focus to move from a great company today to also being a great investment >>> waning covid demand weighs on results from roche with the ceo telling cnbc group sales will fall by low single digits this year. >> we saw the decline of 1 billion swiss francs with covid-related sales. we expect that to accelerate for the current year we expect a sharp decline of our covid-19 related sales now the pandemic finally comes to an end. >>> deutsche bank slides after missing fourth quarter profit expectations despite reporting the best annual re

i'm joumanna bercetche >> i'm arabile gumede. these are the headlines. >> the u.s. shoots down a suspected spy balloon as the foreign ministry says both sides should handle the incident with calm and without force. >>> and european equities in the red after the blowout january jobs report. the nasdaq higher for another week >>> at least 500 people have been killed in turkey and syria with many more missing after a massive earthquake toppled buildings as they slept. >>> renault and nissan with the renewed alliance with the carmaker and taking up to 15% of the ev unit. the ceo says now is the time for change >> the next level of the alliance requires a new approach this will enable the alliance members to prepare for future opportunities on an equal basis. >>> good morning again welcome to "street signs." you can see a lot of red on the screen behind me we had a negligative session frm wall street on friday with the flare up of political tensions the investors were looking at the non-farm payroll print at 517,000. more than 187,000. showing the unemployment rate has f

i'm joumanna bercetche with arabile gumede we are live in london and munich these are your headlinesthe u.s. and china trade barbs at the munich security conference with the shooting down of the suspected chinese fly balloon ramping up tensions between the super are -- super powers. >> this is quite the opposite. we advised the u.s. not to do such absurd things >>> as ukraine approaches the one-year anniversary of the invasion, the secretary-general tells cnbc that they are monitoring the situation carefully. >> we are watching what is going on in ukraine and that will impact their position how to behave in the area. >>> and right now, the eu is discussing billions of euro in additional purchases of weapons for ukraine as the foreign minister tells me the conflict is far from over. >> i will be satisfied when this will be the day i will be able to say who did what and what went wrong and what was good don't get me wrong we are grateful for everything done we did not get satisfaction until we win. >>> european and asian equities move higher and thin holiday trade with wall street clos

that's it for the show my name is arabile gumede. >> i'm joumanna bercetche.worldwide exchange" is coming up next. >>> it's 5:00 a.m. at your cnbc headquarters and here is your "five@5. the nasdaq does something for the first time in more than 20 years. this could be a good time for the investors and the next 11 months, but it's not all free and clear as the chairman takes center stage and powell delivers your eighth straight rate hike today. it's not just the fed. things are not looking any better at tech land as snapchat deliver as third straight disappointing earnings report. that's

i'm arabile gumede with joumanna bercetche. we are live in london and warsaw these are your headlines russian president putin delivers the annual state of the nation address hitting back at ukraine allies and warning trillions of dollars are at stake for the west >> translator: we were open for dialogue with the west and insisting on europe and the rest of the world to have an equal system of defense and equal system of security >>> the u.s. president joe biden makes a pivotal speech in warsaw this afternoon after the historic visit to kyiv this after the visit to kyiv to mark the one-year anniversary which is approaching of the russian invasion of ukraine. >>> business in the eurozone hits a nine-month high as recession fears fade. >>> quarterly profit at hsbc doubless as china reopens the ceo noel quinn says the outlook is positive. >> we see international franchise with good growth prospects in international w wholesale banking. that allows us to grow in 2023 and 2024 and beyond. >>> all right. we turn attention to the marke

i'm joumanna bercetche >> i'm arabile gumede. these are the headlines. >> apple with weaker sales and disappointing earnings from amazon and alphabet sends futures deep into the red. >>> and markets in europe look to close to the back foot with germany's dax leading the declines most of the majors are higher on the week as the new year rally extends into february. >>> the ecb and boe hike rates 50 basis points and a change of wording sparks stipulation the governor tells cnbc it is too soon to be sure. >> i'm not saying this is it the world is uncertain of that there is an encouraging downward path of inflation in the central projection there is a big risk in the forecast on inflation on the upside we've ever had. >>> and totale energy reveals a $3.1 billion exposure to adani group with investors welcoming the disclosure, but the volatility continues amid the accusations of widespread fraud. >>> pretty eventful week we had across the board we will unpack parts of it one element is the final pmi reading out of the eurozone. we had

our arabile gumede is standing by in our london newsroom. >> the market has been faltering a little bitut it's now shifted into some positive territory some of the readings, we'll touch on the u.s. inflation number coming in a little bit hotter than expected, but on the uk side, 10.1% is what the figure comes up to with that inflation number that's better than initially anticipated and lower than the 10.5% reported previously, but ill's still double digits. as i noted, then, of course, the interesting part will be the earnings numbers that come out today. moving generally in what was a positive movement now having seen the ftse in quite negative territory. speaking of numbers, heineken posting a 24% increase in operating profit. on the other side of the brand, we have the luxury brand, kerring sales. gu gucci's revenue jump 14% despite missing expectations, it's had a very encouraging start to the year as china reopens. it also has a new fashion lead teller as well coming to the floor which will take over very s soon it's due to costs related to overselling in the united states the bank

arabile gumede has the wrap. are you guys partying like 1999 there?> there's a lot of green today, even if it's only above the flat line we did see earning news coming it of vodafone and gsk, how things should be better and they're hoping the send-off, spin-off should help them as much as possible the outlook in the month of january, europe has certainly posted some positive numbers and really, really good trading pictures here. italy being the biggest gain in the market picture, up since november 2020 is what that figure really, really doesn't tell the german dax at 8.4 or 8.6 has helped them also, the best month since norchlt the ftse 100 may have some leg room headed up from last year it was one of the better performers across global markets as well. now still leading up, even if it's a laggard, but still moving in that positive territory the market figure pointing toward the positivity. the earnings picture helping quite a lot. what happens with the yields the ecb and barrack of england are going to be very interesting. still top of the agenda. >>

. >>> we have arabile gumede in our london newsroom.ood morning. >> a whole host of green it may not necessarily be the record-breaking territory that lebron james reached earlier today, but certainly what you're seeing is a record-breaking territory move for the ftse 100 on the uk, that's three-quarters of 1% to the good, loot of earnings playing its part in narth picture. so, too, with were the fed's comments yesterday coming through from jerome powell, helping the market go up so, too, are the energy stocks the european banks have said they found some european banks have not set enough money aside in order to deal with the bad loans and were bad at recognizing that problem in its annual review of the sector, the central bank said it would focus on bad loans for this year. i did speak as well about earnings news, mposting. the shipping group also forecast 2023 profits well below that 2022 level totalenergies posting an increase they pre proposed a dividend that is actually up 2% compared to a year ago. and volodymyr zelenskyy is set t

let's bring in cnbc's arabile gumede who joins us live from london.he market's looking in these early hours today. >> yeah, so a little hint of green is what we're seeing across that market picture. of course that interest rate picture is really the key focus for a lot of investors even despite the subpar perhaps if you want to call it that earnings season we have seen out of the united states as well, a lot of the s&p 500 companies missing a bit, that ppi number a bit later today set to be the key focal area. core ppi around 0.3%. if those numbers continue to rise, of course, it does mean it continues to have the kind of room they would need to continue to hike interest rates perhaps at a little bit more than just the 25 basis points, or they might hike and keep rates at those levels for a little longer. >> so arabile, americans still shopping despite the afore mentioned prices. give us the latest data there. >> yeah, i'm blaming you actually for this one, john. you keep trumping for what is it new ties? it seems to be the case. yeah, 1.9% retail fig

. >>> time now for business, and for that let's bring in cnbc's arabile gumede who joins us live.tial of future fed interest hikes? >> yes, so it certainly does mean that the pressure is on the fed here, right? jerome powell has spoken a lot about ensuring they do keep the pace up and another interest rate hike is more likely, of course having seen that 24-basis point hike recently could they actually enact another 24-basis point hike or with the number having stayed some stubbornly high, could they actually be looking to go back to a 50 basis point increase when it comes to those interest rates as well? so that will be the key question at this point. still pointed towards a 24-basis point hike again for the fed as inflation does look to be headed to that downward trajectory. but as it is, of course, a big slowing, in fact a reversal with that inflation number coming in at 6.4%. so markets turning a bit negative. >> after almost six decades of family ownership, subway which is one of the world's largest restaurant chains is now up for sale. what's the latest and the reason behind