along with rain and rainbows this evening, but it was winter in burbank causing trouble here tonight. >> reporter: these burbank travelers were rushing through the airport trying to get their flight. >> we immediately came to the airport and tried to get into another flight. >> i got a call from my mother saying that due to winds there's water in the valley and the roads and everything and i laughed at her. oops. she was right. mom was right. >> that's not even a ticket for getting me on the plane yet. >> reporter: also without a seat hoped to fly into another airport. >> i'm trying to get to burbank, although my car is in -- >> stressful and very stressful. >> reporter: that's how this bride to be described a weekend of wedding planning then described her flight to l.a.x. was delayed for three hours. for many this monitor delivered the unwelcomed news. one minute after this,usc student got to the airport, he was calling his family to get a ride home. >> every one of them from 5:00 to 6:00 to 8:00 got pushed to 9:00. >> reporter: the latest numbers are that's been at least four flight

is lower for the third day retreating point seven percent at the start of the trading gazprom is burbank and noise can make you falling and the noise next opened a little later is losing less than half a percent this sell. now to other stories russia's gas from germany's going to troll have agreed to join to develop gas fields in the north sea it will be the two russians giants. gas giants first effort in the region the deal will help gas from crease its presence in the european supply market analysts say it's a long term prospect development a start no earlier than five years from now gazprom and a unit of chemicals. already called great on several projects including exploration in the u.k. and in russia siberia. russian energy giant lukoil has reported a twenty nine percent jump in annual profit helped by rising oil prices the company's net profit rose to nine point one billion dollars while sales increased by twenty nine percent to one hundred five billion dollars look to the production of oil and gas that's available for sale by one point two percent last year the all major says high

awaited purchase as part of the russian state lenders plan to build its own investment divisions burbank will pay one billion dollars for the set now at a premium worth up to seven hundred million in twenty eight thirteen richard haynesworth hertz rust rating says burbank has made it a good deal but the price is approximately the same as what was rumored to be the price from the start. except that there is a portion of it that has been. delayed for three years they want to have a merchant they want to reduce their cash price now and they also want to make sure that the merger goes forward in a profitable manner because many mergers often lead to a disintegration of the brand actually destroy value so in order to try and keep the value in spirit they're providing incentives to the partners to stay with bank to work with. and to a smooth. and that's all for now we'll be back in less than one hour's time with nothing to alice's next with on our plate of what's going on i'm sick and in just a sec.

burbank's airport was hit the hardest with nine flights canceled. we were out at san jose airport trying to passengers. >> i'm trying to go to orange county now. expect my car is in burbank. >> flights came in late last night to help them get back on track this morning. travelers are still being advised to check with their career. career. it all started when two police officers started chasing the stolen car. the stolen car ended up crashing and three suspects inside got out and ran away. the officers followed the suspects but somehow injured themselves during the foot pursuit. the police are still on the scene doing an investigation. 5:07 let's go to 880 and oakland. that traffic is moving along nicely. also this morning we are looking at the bay bridge westbound a small delay. very small before you pay the money and get on to the bay bridge. this morning if you're driving in san jose northbound 280 is off to a nice start. let's go to rosemary ewes. take it ease out there. take a look at what we do have still the light rain showers continue to fall

live in burbank in front of warner brothers studio, back to you. >> before you go. hearing anything from the studio at this point other than what theyish you'd other day? >> reporter: no, not much. they did confirm that they did receive a letter from charlie sheen's attorney, and that is -- that is about it. what is going to happen next, whether they decide they are going to pay for those eight unproduced episodes or whether they are going to settle or whether they are going to just, you know, let charlie sheen go ahead with a lawsuit, we'll have to wait and see. >> sounds like a soap opera itself. thank you, jennifer. >> in one of the interviews charlie sheen was wearing a giants cap which leads us to this story. barry bonds' attorney are heading to court tomorrow where the judge will hear a list of motions in an upcoming perjury trial. ponds was indicted on charges of lying to a federal grand jury over steroids use in 2007. his trial is set for march 21st. lawyers for both sides are jockeying for position and have been for weeks now in regards to tomorrow's reques

we are live in burbank, back to you. >> it extends beyond charlie sheen? more craziness going on? oh, my goodness. you cannot make this stuff up. thank you, andi. you can see the second part of the "today" show interview with charlene sheen coming up at 7:00. it is amazing. >> i'm just talking about muni this morning. >>> they have shelled out a half million in legal settlements to passengers injured in the 2009 collision in san francisco. and this morning muni could owe a million more. they will consider settlinging 12 million claims. the payouts will come out of muni's budget. they have not yet determined the cause of the 2009 accident which resulted in dozens of injuries. >>> one of the very first smart phones is about to go down so to speak. scott mcgrew is here. it is time to give up the sidekick. >> it is time to give it up. hold on to yours. some people get new phones all the time. mothers hold on to them forever. the sidekick was one of the first smart phones with a rich history. apple's steve wozniak had a hand in this. t-mobile says this morning

it is coming down toward santa clara, burbank, fremont, homestead road, mountain view is getting pounded heavily here. brief downpours are are not out of the question. around marin county we are seeing moderate rainfall and out toward the east bay, some steady rain is falling. in case you live near a river and you want to know what your river stage is, it is over 17 feet right now. the flood stage is 32 feet. as you look at the list, most of the areas are well below flood stage right now, and they are not expected to reach flood stage. what we are concerned about are the smaller streams and creeks seeing rapid rise over the next few days. the temperatures in the 40s and 50s. wet and windy the next few days. chance of thunderstorms. there is a possibility of flooding and landslides which is why there is a flash flood watch for the north bay mountains and santa cruz mountains and areas along the coastline. here is the satellite and the radar and here is the front approaching. that's why we are seeing the rain has picked up the last couple hours. the wind has been kicking up 35 to close to

ben tracy is in burbank, california, with the details this morning. ben, good morning. >> reporter: good morning, chris. you know, warner brothers lot here in burbank is where they have intermediate "two and a half men" nearly eight years now. charlie sheen still a presence this morning but, in reality, the most popular sitcom on television that now lost its biggest star and sheen's behavior is becoming even more odd. >> what is not to love? it's my life! winning! >> reporter: after weeks of bizarre and erratic behavior, the producers of "two and a half men" have finally had enough of charlie sheen. they issued the following statement. after careful consideration, warner brothers television has terminated charlie sheen's services on "two and a half men" effective immediately. >> everybody wins! >> reporter: sheen took to the internet last night and more than ten minutes rapted in a self-produced web cast. >> people need to hear my goal as it's rolled out and not like it's sgapg disappearing like so many friggin' magician's rabb s rabbits. >> reporter:

and a half percent energy majors also including gazprom one point two percent of the territory but burbank was down zero point four percent price of gold is a new record highs investors turned towards the precious metal in times of uncertainty silver is also in demand half a percent to thirty four dollars eighty four it stands. severstal is seeing three steel plants in the united states go for sale for two hundred twenty five million dollars but he said the private holding firm the group has agreed to by warren wheeling and sparrows point facility is owned by seven stone of america the deal may be completed already this month and will include a cash payment and securities. high court of london has rejected telling those to post photos of them become shareholders meeting to approve the deal just in these wind and it's over twenty ten will come signed a deal with wind. and then they get so we it is in a bid to create the world's fifth largest mobile operator by subscriber numbers however no way is telling all which is holder said it would vote against the deal arguing that the matzoh scheme

were bucking the trend they were on the right supported by for the results from bank of america is burbank up one point three percent of the close bank was the video added seven point seven percent for that the second tier still lower nickel and copper futures are weighing on north nickel shares going down one percent and track yeah it's preferred shares gained eleven percent over the session the stock spiked thirty percent at one point causing an increase in spending of trading one hour but there's been no clarification so far as to the reasons behind. i think the most evident trend was the rotation from oil and gas into the financial world or so it's have been strong for a while so i think it's a question of process taking a bit lower oil prices more supplies from orbit and obviously your financial sector is not in the much. versus the world that's where it's stronger first the broader market. and russia's oil majors are also looking across the atlantic for investment opportunities as the country's largest private producer lukoil is scouting us shale fields lukoil wants to use u.s. high

taken its toll let's take a look at some of the individual stocks most banking shares are down was burbank v.t.v.m. leading the ball down two point three and two and a half percent respectively bucking the trend still is norris no call itself one percent that's off the russian metal holding metal invest said it was planned that it was planning to buy shares in russia's largest nickel mining company the damage incurred by japan's nuclear crisis is causing an energy squeeze in the country from unicredit bags that japan will be forced to become more dependent on energy imports . the major impact on the commodities market i guess would come from the restructuring of the japanese nuclear industry it is facing major constraints on the further development than even the construction so that we might be talking about p.v. actually reduction of the japanese nuclear energy industry as a whole and that respect these countries might be forced to be dependent on the five nuclear gas suppliers from also possibly from russia japan and we'll need a lot of construction materials a lot of from materials the

companies ross left and luke who are one point nine and almost three percent respectively also as burbank up four percent the biggest gainer of the session let's now get a recap of the day from when i was the mother. i think this is a lot of uncertainty in the market and that's what's really affecting markets it's of course the terrible events that have happened in japan and there's also a lot of concern about what's happening on the inflation front because. in the background you are still having a surge in commodity prices led by oil prices and the real concern is that to give ok recovery is just too for this point of time to be able to withstand all these pressures coming through and that's what's really driving markets going sound at this point in time. mother job from h.s.b.c. one of us is the biggest industrial agricultural holdings recycler says it's planning to hold national public offering on the london stock exchange it's book run a race and capital has value the company a bank point eight billion dollars now that's higher than last year's road show when the company was valued in

bucking the trend is up zero point three percent in the mindset meanwhile banking stocks are down this burbank down half a percent roster they call it is still the biggest gain of two and a half percent continue its rally from friday when it turned out to be the sole contractor for the social government program. russian oil group b.p. may be broiled in a dispute between its major shareholders but it's still trying to improve its operations as it gets on with the every day business of extraction the company's vice president explains to business out see some of its plans for increasing efficiency. we are going to spend time both one from a million dollars. in the following investment into energy if you show support and total results in three years will be a bald story follow the thing to me when goals f.x. will fit and to save all it's not a question about to doing more capacities so these money will spend two more energy efficiency to realize some innovations projects and draw us some energy intensity for improvements in our technical process so when i will be back next out with an update i'll

banks were the biggest gainers burbank up two percent over one hundred roubles i knew quite well also gaining one percent gas problem was bucking the trend of down point as. crude prices are retreating from earlier gains if we can look at those great there we are currently trading in the red this is as libya's foreign minister declared a ceasefire and said the government would stop military operations the situation in japan is also in the spotlight as reconstruction in the great country is likely to produce world demand given the expanded energy analyst says the upward trend is not over yet. people said boat. show from libya is going to be soon or in the next week i don't think. so we need to continue to count production out of the world's supply situation. if hangs on for a long time then the current sanctions would prevent a lot of that oil moving so that creates a situation to be upside i forget as well that the situation in the middle east is kind of very unstable. and we have seen for instance troops coming in in cuba rain all these things will continue to create. separation from

percent one of the biggest gains of the session kasparov one point two percent of the close and as burbank and other banking stocks were weaker than the markets down four percent analysts say the market still has potential to test new record levels. for putting the market recover a bit was sound so often when they vote in general they will admit it was much less put there others would have seen yesterday when the market was first in a very resistance level and i think that the people is that either way to see a problem to day trading to new york with all the girls or if it was one day correction on the neurosis about inflationary pressure from the comfort of their prices then we can see a continuation of buying in the russian market with. the. rush of the new levels set a style the selling free steel plants in the united states to run the u.s. private holdings as agreed to by warren wheeling and sparrows point facilities owned by service tell north america the deal which read values that one point two billion dollars may be completed as early as the end of this month so for me i'll be back

up to a whole percent at the energy companies strong gas prom up one point two percent burbank down point four percent down the say is the last potential to test new record levels. through negative markets recover the was so often when they both in general do well if it was much list today or others would have seen used to be when the market was based on the resistance level and i think that the people is that really waiting to see a poll today trading to new york will go to gold so if it was one the correction on the neurosis about inflationary pressure from the right come what is the prices then we can see a continuation of wind in the russian market with. russia to new levels not just new giants of us dollars selling three steel plants in the united states to run program the u.s. private holding firm has agreed to buy warren wheeling and sparrows point facilities owned by sevastopol north america the deal which ran through values at one point two billion dollars could be completed as early as this month. well that's all from the business desk today will be back on thursday morning arou

percent this hour and if you majors are mostly on the rise with gazprom up point six percent whereas burbank is still down around one percent. the price of gold indeed has a new record high as investors turn towards the precious metal in times of uncertainty however the prices way but since it's kind of the trading at around four hundred dollars per ounce and silver is also up around at around thirty four dollars seventy cents this. sevastopol is selling three is steel plants in the united states for two hundred twenty five million dollars the company said the private holding from the red group as agreed to by warren wheeling and sparrows point facilities owned by a service style in north america the deal may be completed already this month and will include a cash payment and secured nets. high court of london has rejected telling no one suit to postpone of them become a shareholder meeting to approve the deal at least when teleco. signed a deal with wind owned by egyptian billionaire so it is in a bid to create the world's fifth largest mobile operator by subscriber numbers however norway's

all the individuals here most banking shares are posting gains burbank is up one point six the sons and she says are the main winners the solidest final prices remaining bull the title sad news from japan is pushing for gold market markets lower but the situation in libya and bahrain is supporting high oil prices with ongoing insurgency old world food supplies out of the region. rising more than a sense and look the other is not far behind but he's eighty percent higher chris with a world that's claims by the current situation a spade bring russia. in many ways this combination of the threat of a disruption in the middle east providing sports to the old price while at the same time the risk of slower economic growth and of course disruption in japan. causing people concern about demand that combination which likely to keep the price of oil around the current in the current window is near ideal for russia because if you had a situation where the threat level of the structure were to rise too much on checked and the price of oil were to go to one twenty one thirty one forty that actually

a reconfirmed has plans to sell a part of its controlling stake in the country's largest land as burbank authorities hope to sell a seven point six percent stake and back in the second half of twenty eleven however the minister of economic development says the privatisation of a state run bank was quote i'm likely to happen before you get so right the first to be prime minister reiterated the government's commitment to sell off it's taken twenty eleven should market conditions been favorable the. if market conditions are favorable this year we could offer investors. we will not rush the sale and we'll try to do it as efficiently as we did in the case of the t v the stocks will be sold once the market environment is encouraging but we will do our best not to delay this process you look at the russians finance minister says oil prices may two hundred dollars per barrel and the near future that's against the backdrop of a political turmoil in the middle east on the crisis in japan he noted that speculation could also push the traces but in the medium to end there will be no sustainability t

controlling stake in the country's largest back door to its hope to sell a seven point six percent stake in burbank in the second half of this year however the minister of economic development did say the privatization of the state run bank was very likely to happen this year yet a first deputy prime minister reiterated the government's commitment to sell off at stake in twenty seven sure market conditions for the big. no. it's not conditions are favorable this year we could offer investors stocks we will not rush the sale and we will try to do it as additionally as we did in the case of the t. b. the stocks will be sold once the market environment is encouraging but we will do our best not to deliver this process. turkey has yet to give russia permission to start construction on the south street gas pipeline project over its territory that's according to death the prime minister said. turkey's delegation headed by the prime minister nasco on wednesday to discuss a range of bilateral issues but energy matters including south stream and some sunday on oil pipelines failed to make any headway in the

decreasing oil prices let's have a look at some individual show moves most banking shares are down bulls burbank and peter would be leading the full both are down the last three percent on the mite so it's bucking the trend as draws clinical around two percent of the r.t.s. that's after a russian metal holding metal you first started close to buy shares in russia's largest nickel mining company. and in order to support the japanese financial system the country's central bank says it's injecting additional ninety eight billion dollars into the markets that announced a one hundred eighty three billion dollars into its financial institutions on monday to help stabilize the country's economy but chris with her chief strategist also you believe that more money is still been made it and the action will inevitably weaken the national currency. but injecting that amount of money into the financial system always weakens a currency we can expect to see more money being injected into the japanese economy from the country's financial reserves are going to have the world's second largest financial reserves o

to stocks now in friday's trade burbank you're seeing quite a run coaster ride this week in stock was down one point six percent in. oil use gold was down after a pretty strong. bit in last if they could hit the introduction of the lobelia knowledge status for some consolidated companies as one of the steps forward in creating an international financial center in russia this comes as president very stressed the importance of reform in order to reach the status quo for doing you the creation of moscow as an international financial center remains the country's key priority and to do this we need to effectively settle two issues the first is a bird financial architecture of the century you should have a center featuring all basically natural instruments our task is also to raise muscle to the level of other leading financial capitals and the gas from lead nord stream consortium has secured almost three and a half billion dollars for construction of the second phase of the pipeline generated funds were thirty percent financed by shareholders and seventy percent from international financia

were trading in the red will snap shedding to half a cent luke or one point eight percent towards burbank was actually very better than the market asterism ause that it's placement will start and if the stock. market is dominated by profit taking and which is not surprising we are seen as a small price correction it's very very small nevertheless it gives investors a good spears to take some profits from their oil and gas sector names mostly you are seeing oil and gas majors dahlan by between chewing to a half percent on the day to day which is again quieter logical and explainable given the run up that they have had all of the past three weeks bill is next with the headlines they say about. fifty. fifty five.

has reconfirmed its plans to sell a part of its controlling stake in the country's largest lenders burbank authorities hope to sell a seven point six percent stake in the bank of the second half of this year however that we heard the minister of economic development say that the privatization of state run bank was quote unlikely to happen this year yet first deputy prime minister you should vote for you reiterate that the government had to sell off its they conspired to eleven should market conditions proof favorable. but. if market conditions are favorable this year we could offer investors sperm bank stocks we will not rush the sale and we'll try to do it as efficiently as we did in the case of d.t.b. the stocks will be sold once the market environment is encouraging but we will do our best not to delay this process. and turkey has yet to give russia permission to start construction of the south street gas pipeline project over its territory that's according to deputy prime minister going to see a trip so i guess delegation headed by the country's prime minister visited moscow on wednesd

talking about the russian markets saturday session was positive most blue chips were last week it was burbank p.t.b. up more than one point two percent apologies for this technical glitch. russia has been running fifty nine in the list of the world's most compelling. countries in terms of tourism report compiled by the world economic forum soak into account environment infrastructure and natural resources of one hundred thirty nine countries switzerland tops the list with germany in second place followed by roads russia got relatively high marks for its nature culture and culture but has yet to improve a number of aspects such as security and environment protection. all right we will be back in less than one hour the sun with an update matters next with the headlines on its neighbors. it's going. to. come. from a. wealthy british style. that's not on the type of. car. market why not. come to. find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into cars a report on our cheap. easy. to. see. monster. our h

previous session rosneft was shedding two and a half percent because nucor one point eight percent burbank is very invested in the market actually up just a notch. the market is dominated by profit taking and which is not surprising we are seen as a small price correction it's very very small nevertheless it gives investors agree skiers to take some profits from their oil and gas sector names mostly we are seeing oil and gas majors john by between two and two a half percent on the day to day which is again quite logical and explainable given the run up that they have had over the past three weeks. mark rubenstein from mexico light seen knowing could be poised to invest around thirty billion dollars in russia over the next twenty years the air space giant is looking at developing projects in the titanium valley special economic zone in russia's europe company officials as well the suppliers and partners are visiting the region this week which could result in a package of agreements being reached me in belize being set up to encourage the export of high tech manufacturing from. russia's budg

shipments to japan and rosneft is also gaining points eight percent at the close bucking the trend banks burbank is down one point seven percent and ross telecom down point eight percent on the license. russian oil company bastion after them final talks with lukoil to jointly develop the deposits in the arctic. on the disputed tender to develop the world deposits lukoil and a number of other companies total investment is estimated to be worth for from five to six billion dollars and brashness has been searching for a partner to share the costs and it was reported that india's oil and natural gas companies and talks to buy up to twenty five percent. and a third party has stepped into the long lasting basso between the legs. for control over and i don't believe the only sheriff says his. investors planning to increase its share in the world's top nickel producer the company already owns four percent who agreed to work together with on questions related to its nickel strategy wants to boost the stake as he seeks to merge russia's biggest metal producers into one huge company the moves that are pass

finished their last trading session in the black most of the blue chips were higher last week was burbank and b.c.b. up more than gun point two percent. continued growth in all prices and the strengthening ruble look to being the main drivers for us not it's in the coming week. from the credit security says google is giving room to boost the russian retail sector as well. ruble continues to strengthen obviously that's going to prove very supportive for a lot of the russian consumer names and we're getting more optimistic about make mead x five going forward the banks will benefit indirectly from the strengthening of the like spur bank right now but of course i would expect for some of the steel producers to come under pressure being at that they have to pay the majority of their fees locally here in rubles and they have to for any of the of the big important prices will be would be dollar denominated but the unrest in oil producing nations have led prices hitting the he's over the past few weeks has hit two year highs and is currently trading at around one hundred seventeen dollars per ba

at those in more detail banks are on the rise supported by positive results from bank of america's burbank is gaining around one percent on the my sax low in nickel and copper futures are weighing on metal stocks with north negotiating almost half a percent. oil prices are mixed with more middle east is showing no sign of abating france is trading one hundred and thirteen almost fourteen dollars per barrel while west texas has dropped to zero is actually risen one hundred five to one hundred five dollars eleven cents per barrel cost of insuring russian dead against default is falling to its lowest levels in more than two years high oil prices are helping the world's largest energy exporter cut this year's record boring plans so-called credit default swaps slipped to one hundred twenty three in the last two weeks the biggest drop of any nation investor confidence in russia's ability to repay debt is growing after the conflict in libya threatened oil supplies from the region a quarter of the russian budget comes from oil and gas in crude prices helped trim the plant boring by around seventee

burbank's wrong to send in the rubble my six. national journal the trading day. they've been really quite flat today the big story has obviously been around. the impact of present comments about the potential change in board of directors. suffered actually as a result of that and i think it's been the really underperforming for today i think that reflects you know uncertainty what does it actually mean for for obviously such as a. story. of the world's biggest. increase in net profits. show revenues were up by a third temple in dollars with a profit of two point eight zero solace traded on the hong kong market and shares have been almost five percent on the news because he says. production in twenty eleven. business. here on our team. there is not enough space for them. go down to the room get things nonexistence under the sun. fill the gap of adrenaline. discover deeply hidden secrets. they are seeking. final. and even. talking to god. from. under the ground.

decreasing oil prices let's have a look at some individual show moves most banking shares are down with burbank and p.g. be leading the full both a down almost two percent on nice it bucking the trend just north of little which is over if the signs are on the r.t.s. that's after mattel inverse plans to point shares in russia's largest mining company. in order to support the japanese financial system the country's central bank says it's injecting additional ninety eight billion dollars into the markets after each announced one hundred eighty three billion dollars into its financial institutions on monday but critics with a real say it believes more may still be needed and the action will inevitably weaken the national currency. but injecting that amount of money into the financial system always weakens a currency we can expect to see more money being injected into the japanese economy from the country's financial reserves remember they have the world's second largest financial reserves with a considerable amount of financial firepower that they can inject into the economy eyes that money comes i

is lower for the third day retreating point seven percent of the start of the trading gas bombs burbank and noise calling them isaacs is losing less than half a percent. or price is sliding are weak economic data from the u.s. and china as well as fresh concerns over european debt brands plan is trading at one hundred thirteen dollars a barrel b.w.i. is at one hundred and one dollars per barrel. now for more on how the world markets are reacting to the earthquake in japan and i'm joined by our own from singapore by angie financial markets chief economist timothy condon hello timothy can you explain to us how all this is affecting asian and european markets . well it's a pretty simple really markets of. the uncertainty of the about damage from the quake in japan by doing what they usually do when there is uncertainty they see the sell off sharply and. i would highlight that the. squad that virtually all of its initial depreciation depreciation immediately follow the news of the earthquake it's it's back where it was before that at this point and i guess that's what we can expect from for

it's also burbank was down around three percent of the heaviest traded stocks. this perception is turning more more more negative and this is hurting emerging markets so this is a shift from emerging markets to would develop markets and also hurting are basically the high oil price will be very costly for washington and that's why russia has been the best performing emerging markets this year and i do not think that what we are seeing today is the beginning of a new trend where russia underperformed performs i think just the correction a record number of billionaires of joined the list of the world's richest this year twelve hundred wealthiest people are now well for sale of four point five trillion dollars with russia's tycoons holding a significant part of that wealth. has been poring over the numbers. paycheck an exclusive area and must go in an area where you might be lying and one of russia's many high kings isn't right now heading for seven feet nine of the country's billionaires making the capital gains more billionaires than any other city in the world n

look at some individual banks were on the rise supported by positive results from bank of america is burbank gained around. added seven point seven percent lower the futures weighed on metal stocks with dollars twenty two sharing over three quarters of a percent and preferred shares gained eleven percent of the session. investors should be on the lookout for a head of equity trading at capital. for global markets the market will still be preserved. or thought will supply disruptions higher oil prices stronger ruble and higher valuations for russian stocks and i think one of their stocks will be resilient to any correction when i see. a correction i think is looming in the developed world given the higher rates and inflation are concerned for global. sales of new cars and light trucks and by eighty percent in five euro compared to the same period of last year this is he asian of european business is calculated that seventy three thousand vehicles were sold but as large it is the top. extended cash for clunkers program. analysts expect the market to pre-crisis levels in two thousand and thirte

energy shares were some of the biggest most gross nafta one percent gazprom one point two percent burbank another banking shares were losing declining two thirds of a percent on monday the chief strategist for the committee says the russian market is likely to see more activity soon. the russian investors are just struggling in the moment to find stories to trade or the enthusiasm for russia that we've heard of the first quarter of this year has really been because the oil prices traded up so strongly through the five dollars a barrel there is a story with a really clear catalyst investors have been coming in very strongly and we saw that in the end of last week and also the day with with ross telecom which is going to be added to the sci russia index of the end of may. and vest as her parents march their index need to. add to that position so we've seen a very large volumes in that stock. it is also in japan could reduce global car production by thirty percent that's according to latest research from i.h.s. consulting many japanese car market halted work at the local factories with produ

stocks bucking the trend with banks they were supported by positive results from bank of america's burbank was getting one point three percent at the close on the my sex bank was the idea second tier stock it added seven point seven percent lower nickel and copper futures were weighing on metal stocks with north nickel shelling over three quarters of a percent actually more than actually one percent of the close and tell their preferred shares gained eleven percent over the session the stocks liked thirty percent at one point causing an increase of suspension of trading for one hour but there's been no clarification so far as to the reasons behind this. and we'll be back next hour with a final update today. to . the. wealthy british style he said that's not i'm not saying that it's my fault i can write. anything.

ground on decreasing oil prices sake of those in more detail most banking shares are down seeing this burbank shooting three percent for the biggest losers ross nafta's down two point three percent norris nickel is strong very flat at the moment just i'm not sharp that's after russian metal holding mentality best seller plans to price shares in russia's largest nickel mining company and now it's prices they've extended losses as the deepening crisis in japan tends to scare investors away from risky assets markets are also concerned about the possible short term decline in demand from the world's largest economy. three and four percent respectively. but that region by japan's nuclear crisis is causing an energy squeeze in the country we're going to get unicredit access will be forced to become more dependent on energy imports the major impact on the commodities market i guess would come from the restructuring of the ship and these nuclear industry is facing major constraints on the further development on even the construction so that we might be talking about the the actual reduction of the ja

of the information society space project which means it will be receiving a lot of new contracts burbank is trading in the black on news that has increased its stake in the my sector from seven to ten percent a nice technology as are the process of appropriate number of jobs. and that's all we have time for now i'll be back in one hour's time with an update stay with us. first cream removal cold a clear cut. second the explosives are used to blast to go deeper than the fears of . earth the remains are removed by machinery and. finally the unborn and soil is because injured in vallecito. company. it's the secret incursion into the country. the invasion by means of. tradition the language is really from the first to compete totally and culture. the thing is the behind the dims are still unaware of what's going on in the land still asking them have no idea cuts like. i don't know anything about them alaska the great. on our cheap. down the field fishel on t.v. on flick a show on the phone all. i pod touch from the i choose out story. one john see life on the go. video on demand season long

be trading on saturday it's a working day in russia more info on the stocks for friday's sessions burbank has seen quite a roller coaster ride this week the heaviest trading stock is down one point six percent and friday's session is also also down after this recall rally and lukoil is bucking the trend itself point three percent at the close and why is that luke oil is sold more than the heart of its gas stations in the united states one of russia's largest oil producers all the third. of nine hundred gas stations to be u.s. based cambridge petroleum group which started its u.s. expansion back in two thousand. six hundred thirty five gas stations in the country and the save the cheerleader selling knowledge in the u.s. is going to be in the decision is financially justify. it. cast from lead the north stream consortium has secured almost three and a half billion dollars for the construction of the second phase of the fight line he generated funds are worth thirty percent financed by shareholders and seventy percent from international financial markets with twenty four banks involved cons

due course take a look at some of the stocks individually most banking shares are posting gains as burbank. point six percent but energy shares are the main winners that's as crude rebuilds one half the list now there's a tug of war between sad news from japan and the situation in libya and bahrain that are supporting high oil prices with ongoing uncertainty over world crude oil supplies out of the region rosny have to therefore rising one hundred percent lukoil one percent or higher. well just finance minister says oil prices may search to two hundred dollars per barrel in the near future that's against the backdrop of political turmoil in the middle east and the crisis in japan you know so bad as speculation would also push fluctuations but in the medium term there would be no state ability for such high prices on wednesday khujand said the price of one hundred fifteen dollars per barrel would help the russian budget to break even so we got for you i will be back in around fifteen minutes time with an update rory is next with the headlines and stay with. wealthy british style it's time t

top gainers burbank up one half percent lukoil up point six percent you can see that on the night gazprom is retreating however one percent bucking the general trend. crude prices are retreating at the moment from early gains brant is down eighty cents light sweet forty six this is libya's foreign minister declared a cease fire so the government would stop military operations situation is the plan is also in the spotlight as reconstruction the quake hit one tree is also likely to swirl demand given the extent of damages energy analysts working on prepared says the upward trend is not a. good possibility that. he's going to resume normality in the next week i don't think it's possible so we need to continue to count production out of the world's supply situation. if hangs on for a long time and then the currency would prevent a lot of that oil moving so that creates a situation to the upside and we shouldn't forget as well that the situation in the middle east is kind of very unstable rain mail and we have seen for instance troops coming in into bahrain so all these things will continue to

investment he lost billions of his my space investment it wasn't for a guaranteed stable not least burbank what's his name or barack murdoch would be selling hot dogs shea stadium well you mentioned the koch brothers involvement with governor scott walker of wisconsin anonymous actively probing koch brothers. corporate networks so in a statement anonymous accuses the koch brothers of fabricating grassroots organizations and advertising campaigns to sway voters based on their false the statement concludes anonymous hears the voice of the downtrodden american people whose rights and liberties are being systematically removed one by one even when their own government refuses to listen or were complicit in these attacks well don imus is filling in for the rule of law which is absent in america well exactly so they have the same ability and the virtual space to do what the egyptians are now doing storming the state security buildings and headquarters and having to get the physical pieces of paper and videotapes of movie stars apparently and powerful people from the gulf and other regions they h

never despite the ongoing conflict a possible conflict with china still up point five percent is burbank down as are most of banking stocks around the world point three percent. so we have time for we will be back next hour see them. a little bit.

said to him off the scent but energy majors we're up against from one point two percent of the close burbank and other banking stocks were down twelve bank down point four percent at the close analysts say the market still has potential to test new levels. never to markets recover the was so often mean they've worked in general do well that it was much list others would have seen yesterday when the market was based on the resistance level and i think that the people is that really waiting to see a poll today trading to new york will go to gold so if it was one the correction on the neurosis about inflationary pressure from the wanted to prices then we can see a continuation of wind in the russian market with. russia to new levels. that's it for me this i'll be back in one hour time with an update had allies on next nazi. come. in india in the movie joint people chose a movie let's the gateway ho to the grand imperial trilogy to talk west coast coromandel let's hotel close leisure good to see don't need to go and. read this in the kennel was her job as a treat. it's nine thirty pm we're also

gazprom putting on more than one percent meanwhile banking stocks are among the main losers with burbank losing around two thirds of a percent tom mundy the chief strategist. says the russian market is likely to see more activity soon. russian investors are just struggling in the moment to find stories to trade. for russia that we've heard of the first quarter of this year has really been because the oil prices traded up so strongly three hundred five dollars a barrel there is a story with a really clear catalyst investors have been coming in very strongly and we saw the end of last week and also day with with growth which is going to be added to the address here i rushed index of. may. investors have benchmarks the index need to. add to that position so we've seen a very large volumes in that stock rationale it's just a giant the federal grid company has listed its global deposed receipts on the london stock exchange the company's deputy chairman. reveals the reasons behind the move. and. the richer new look one of the main goals is to improve and share liquidity and we also want to ens

russia's largest lender its burbank plans to gradually increase the size of its dividend according to the bank's head to get money grab for a bank supervisory board recommended that shareholders confirm dividends from twenty ten. percent of net profits while previously that figure was ten percent for a given get. little economic news a financial giant citigroup upgraded russia's g.d.p. growth for cars for this year two point three percent from four percent because drivers fueling the growth are higher government expenditure and consumer demand but a degree of economists also warned that big inflation could be even ten percent at last in the first. one but the business news for now i'm back next hour with more and you can always find all the latest updates at actually dot com slash business. the. wealthy british style. is not the type of my current. market finance come to. find out what's really happening to the global economy with much cause or for a no holds barred look at the global financial headlines tune into cars reports on our feet. he.