we got to these 2 engineering once added. >> caroline hyde.ompany we are looking at is a distant second behind nestlÉ with baby food. becreaks down how it could ome a serious contender. this is all about combine it with another business in the space. we are not saying they are planning to buy but an analysis of what would happen if they did. >> correct. analysts are saying danone could buy the company. of $4ave a market cap billion. to get a stronger position in infant nutrition which is dominated by nestlÉ. danone is not going terribly whichn its core business is consumer products like and supermarkets. this is a way for them to get a piece of the growth as protected himself from a slow. and in the things that make up the bulk of their selves. >> won the ceo said never under estimate how much pet owners will spend on their past or how much parents will spend on their babies. why would be important to get this is the infiltration space? not tend to skimp when it comes to their babies. exactly. the result is it is a resilient business. it's eco

thank you, caroline hyde.we had to break, we will have full coverage of the ecb's latest policy decision later on. that is what we will be talking after the break. ♪ >> welcome back to "on the move ." i am francine lacqua at bloomberg's european headquarters in london. we are 30 minutes into the trading day. this is a picture for the overall market. little changed. the ecb'sawaiting interest rate decision. we have a couple moves in terms of our print. let's dig deeper. caroline hyde is at the touchscreen. >> journalists love nothing more than a pond. we can go wild with just eat. appetite, that lowering the shares, whatever you want to say. shares are rising. up 5.2%. this is a company valued at 1.5 billion pounds. kingfisher also just gaining up about 1%. it is all about home improvement. m&a in the air. they may be buying a french company, mr. bricolage. they're offering an 11% premium. renkaat, this is a tiremaker heavily exposed to russia. they say russia will drag them down. shares off by almost 5% at the

caroline and catherine. caroline is five and catherine is three. indeed.for every one of you who are parents, you know god makes every child very different. is the essence of sweetness. she is just a sweet, sweet little girl. rascal. is a , heidi had those girls up in d.c. one weekend. a beautiful fall day. we decided to show the girls mount vernon. we are driving down the george washington parkway. the trees are turning. they are red and orange and yellow. we are driving down and caroline is sitting behind me kicking the back of my seat like she always does. catherine is sitting on the other side. caroline asks her sister, catherine, what do you want to do when you grow up? catherine says, i want to work in the u.s. senate. i want to work with daddy. boring. says, that's we are going to be rock stars instead. zinger. tosses out the besides, daddy will be dead by then. [laughter] that's a real conversation. i'm sitting there like, hello, i'm right in front of you. de me wonderake me if maybe caroline had been speaking with republican leadership. [laughter]

our european business correspondent caroline hyde., that is a pretty bad headline. >> it is. they still posted growth. 4.2% increase in sales, in organic sales. it is emerging markets that are still supporting the growth. 8.5% growth in emerging markets compared to the 0.6% squeezed out of europe. clearly, there is growth still coming, but it is a slowdown. they had warned us about where those headwinds were coming from. i merrily, the swiss franc is still very strong relative to other currencies. when you bring back your sales from the emerging markets, from the united states, you get less bang for your swiss franc. deflationary pressure as well. that is an interesting one affecting europe heard vice is not been able to be driven higher. rises are having to be reduced for nestle products in europe. they say that is going to remain a key theme. notably, a late easter. not too much gobbling up of your smarties easter x in the first quarter because it is in the second quarter. that is putting it at a slightly different -- difficult adva

caroline high joins us. it is no longer enough to -- caroline high joins us.nger enough to just watch television. >> it is a second screen. you might be watching your favorite show. it is close to your fingertips, might be a tablet or smartphone. might be tweaking. twitter has realized the power and potential money it can raise interaction. when you have twitter trending on your broadcast, you get more viewers. they're trying to educate broadcasters and advertising companies to get more bang for their buck. not just bang for the buck, bang for the euro, bang for the pound. they have already played with this in the u.s. they have hooked up with nielsen and they have twitter tv ratings to show you how much traction your tv shows getting while it is on. they're making acquisitions in europe. they're buying companies in france and u.k.. they are getting analytical devices to show you how much. this could be a value to tv companies and advertising companies as well. they want to extend the relationship with a u.k. analytics company. they want to drive those tv twit

this is where i get deep and personal with caroline hyde.there how close do you sleep next to your partner? it matters. this is a study. study, of 1000 couples, partners who sleep less than an inch apart are more likely to be content in the relationship than those with a gap that is wider than 30 inches. >> that is the whole then. -- whole bed. [laughter] >> if you sleep within an inch of your partner, your relationship is going to be happy. in addition, couples who make physical contact through the night were happier than those who implement a no touching rule. >> there is a no touching rule? >> there is a no touching role in my life when i need to get up at 2 a.m. one injure 30 inches? -- one inch or 30 inches? >> is there a no touching role? -- rule? [laughter] >> i think you're happier if you get a good night sleep and not uncomfortable with one dead arm under someone's head. >> when they have physical contact were happier than 60% of those who did not touch. not have any did arm they had to remove. >> no touching. that is a rule i like.

a message of hope to a city 3,000 miles away. >> caroline, we got her name from the sweet caroline song. she's kind of a boston baby i guess you could say. >> reporter: bob woodruff, abc news, new york. >> way to go, aaron, that home run, and sweet caroline. you can see much more of possible's special, e 60 presents dream on, stories of boston's strongest tuesday at 7:00 p.m. eastern on espn. >>> in the meantime there's much more ahead an "world news" this saturday night. the outrage this evening. here's the question, should the irs be able to take money from your tax refund if your parents owed money and didn't pay up? they're collecting millions of dollars right now. >>> later tonight, did prince william let something slip this saturday revealing something about his family? we'll tell you exactly what it was he said. [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. a

caroline, you are watching

here with me now, caroline hyde.n ferro on the markets and david tweed also joining us. , another weekend, another pathetic -- prophetic statement. really, we are talking about it. it is the dollar side of this trade that is going to drive the euro lower. >> that is the big number. caroline, you are looking at l'oreal on the skin product side and peugeot. >> a bit of a mixed bag. they are both french. l'oreal coming out after the bell today with a sales update. a 4.4%expecting increase. this is a phenomenally inquisitive company. 28 brands. i defy anyone to walk into the bathroom and not own something l'oreal makes. only one is homegrown. they are buying in china with magic. they are buying in luxury as well. i want to focus on peugeot for the opening this morning. business plans, every journalist loves a pond. every cheeky executive at peugeot loves a pond. they are back in the race. that is the business strategy they are outlining today. they want to cut costs, get more profitable. shares up by 1.6%. -- off by 1.6%

here with more is our european business correspondent caroline high -- caroline hyde. >> the third biggestworld. >> dismissed -- the shift to mobile is not a smooth one. they are struggling to monetize. why? the main amount of revenue is advertising. advertising is cheaper on smartphones. isn though larry page ramping up the amount of adverts price hee to sell, the can charge for them is going down by nine percent. belowe came in slightly what people have been estimating. stock declined six percent after hours because of this concern that they are not growing at the pace they used to. the chief business officer says, eventually, mobile adverts will be priced higher than desktop adverts because you can it's so much more information. -- because you can get so much more information. eventually, they should be able to sell them for more value. area worthanother noting. >> the question is, when will these investments, when will it isa acquisitions -- the most, the biggest dealmaker out there in the world. when will they start reaping the profits? will they really drive up earnings per share? qu

thank you very much, caroline hyde.2 magnitude earthquake that rocked northern chile late yesterday. early in european hours this morning. 7:40 in london. countdown continues. >> first. bloomberg. >> time for company news. just a zone is this -- jeff bez effort toping up his reach customers in their living rooms. amazon will reveal a television viewing device. this will put them in closer competition with apple and google which offer their own gadgets for this purpose. grain trader has agreed to pay $1.5 billion for just over half of the agricultural training unit three the deal highlights china's push to sell more food overseas. motor's joint venture is cutting 950 jobs. market was auto declining even before the annexation of the crimean potential -- peninsula. car deliveries fell four percent in january and february following a five percent drop. welcome back to countdown. 7:44 in london. joins me with a preview of what is to come. lacqua joins me with a preview of what is to come. >> this will be descended straight d

caroline hyde has more on the amazon fire tv. also steps being taken by the chinese government to support wrote. manus cranny has a look at what is on the menu for just eat in london. the european central bank is meeting today. concerns field growing that it is sliding toward a spiral. david, good to see you. will the central bank at today? what are you expecting? are looking for a cut in the refinancing rate down to zero. most economists expect not to do anything on the front when it comes to interest rates. there are other things going on. there is quite a bit of discussion going around this. they give everyone quite a bit of shock when they saw the number. there is an argument that the european central banks simply isn't discharging its mandate. that mandate is to keep prices below or near two percent. they have been closer to zero percent since november. that is one side of the argument. the other side says the headline number that came in for the eurozone insulation is an anomaly. that is based on the structural reforms that

what exactly has been going on here, caroline? >> it's all about the safeguarding of your data and your e-mails and the like. open-source where called ssl is used by about two thirds of all websites. what it does is to julie mix up your data when you send an instruction to your bank, as it travels to your bank software. some sort ofs scrambling service. it has been found that basically there has been a bug for two years. the reason it is called heart lead is it is about the area that is vulnerable in open ssl that websites get a license for. it is the heartbeat, a series of communication sent between your computer and another device. >> this is what the confusion is. no one knows to what extent it is bald herbal or the vulnerabilities -- to what extent it is vulnerable. security and another security company revealed the issue. and facebook,ogle before it became public fixed it before it became public. at amazon andlook bank of america. it appears from their homepage that they are not vulnerable. now who iss vulnerable, for how lon

thank you. >> thank you, caroline. i want to thank the partners for having us here today on this is truly well-timed discussion. we had a modest election observation mission on the ground in kabul. we have been observing the political process in afghanistan since we observed the provincial council. our initial assessments are very much consistent with the open source reporting you have seen. despite significant threats, personal threats, amidst great personal risk, the fact so many afghans came out and voted in those elections on saturday is really inspiring, and we certainly observed that enthusiasm in the places that our observers were able to get out and observe on election day. the turnout being reported at this point is somewhere around 7 million votes cast. i think we will see that number refined a little bit as the results sheets come in from the polling stations. a few weeks ago, we were sitting around talking about perhaps we distributed too many ballots around the country, and the fact that one of the issues

caroline hyde is here. >> yeah, it hatched. down, so it's not all firing on all cylinders. two quarters we've seen an improvement in sales, tiny numbers, but it is better than the six years we saw a decline in sales. still, there are areas of concern. italy, your home country, francine, is number one, and they're definitely trying to turn that particular area around. also, they're very negative on china. interesting comments coming out saying that china, they're seeing no pickup. in fact, they see a deterioration going forward. but generally, emerging markets, and this is what they sell for the time being, when you've got weak innocence the emerging markets. they're very big in brazil and latin america. that's going to eat into their seasms >> this is a huge retailer. i'm fascinated with the spanish story, because you have more and more investors saying there's value in spanish banks, and this is something, you know, we tend to forget. this is a good sifpblee >> it's a great hunt, isn't it? >> ok, caroline. >> let's talk about

up next, caroline glick argue that is the u.s. pursuit of a two-state solution to the israel/palestine conflict has failed miserably and is based on palestinian claims to land that are unfounded. this is just over an hour. [applause] be. >> we live in surreal times. it's my privilege and pleasure today to introwith deuce a remarkable woman who has written an extraordinary -- to introduce a remarkable woman who has written an extraordinary book. i'm going to let caroline explain why this should be so. but in order to understand the magnitude of the task she has undertaken and the difficulties her solution will encounter, you have to remind yourself first of the surreal nature of the times we live in. we're not long emerged from a 50-year cold war which began when the soviet empire swallowed eastern europe and the baltic states and ended only when the united states undertook a vast rearmament and applied enough pressure over enough time to bankrupt the communist system and force its withdrawal from the occupation. the russian succes

we just heard from caroline, mr.een is going to be on your show. >> we look forward to that conversation. get his take on what is happening in the broader retail story. is looking to take on some of the grocers too. one of the world's most recognizable hedge fund managers , we will get his take on what is happening in the banking sector. fascinating,both yields in italy, what does he make of that? what is writing that story? we will talk tech as well. the twitter story, we will get his views on what is happening. plus, a bit of m&a. the ge story with alstom. that has probably implications in terms of french policymaking. what does it tell us about the state of the market? and a day dominates. -- m&a dominates. how long will it last? >> looking forward to it. with bring you up to speed some companies that are on the move. air france narrowed its first-quarter loss. the operating loss shrunk to 445 million euros from 532 million euros a year ago. the carrier has cut more than 7500 jobs in three years to compete with th

caroline and catherine. caroline is five and catherine is three. i do indeed. for every one of you who are parents, you know god makes every child very different. catherine is the essence of sweetness. she is just a sweet, sweet little girl. caroline is a rascal. last fall, heidi had those girls up in d.c. one weekend. a beautiful fall day. we decided to show the girls mount vernon. we are driving down the george washington parkway. the trees are turning. they are red and orange and yellow. we are driving down and caroline is sitting behind me kicking the back of my seat like she always does. catherine is sitting on the other side. caroline asks her sister, catherine, what do you want to do when you grow up? catherine says, i want to work in the u.s. senate. i want to work with daddy. caroline says, that's boring. we are going to be rock stars instead. then she tosses out the zinger. besides, daddy will be dead by then. [laughter] that's a real conversation. i'm sitting there like, hello i'm right in front of you. it kind of make mede me wonder if maybe carolin

caroline hyde has the details.aroline, his samsung doing enough to remain number one in smartphones? >> they're certainly trying to woo people over with the new design. it has a bigger screen. a better battery, a heart rate sensor, a fingerprint sensor. but, as you are saying, the competition is rife. there are the cheaper new kids on the block. sub $100? apple with its iphone 5 s, what do they do? they bring another war, not just a price war, but it freed the war. they're packing this new phone with $600 worth of free applications and vouchers. a paypal voucher, linkedin premium, at least for fitness apps. clearly, they're feeling the turf wars are in. they're desperate to remain top dog. it is worth remembering that last year they shipped war than 300 million phones. that is double what apple shipped. they're still very much for out in front. they're terrified that they're losing market share amid the saturation in the high end of smartphones. aboutalso seems to be wearables this year. with the samsung has to off

caroline hyde is live with more.out the importance of the life sciences in the british economy. my oh sotalk about stylish lab coat. we're showing you the leaps and bounds pushing and drug development. u.k. has such a rich history. penicillin, the dna structure we found in the u.k., they want to build on that. the 15nt to build on billion pounds being brought in per year via life scientists. it is only 1/10 of what boston manages to bring in. johnson is boris trying to push forward his idea medcity. >> why would london prove a good addition to the expertise and cambridge and oxford? >> the proximity helps. -- when you are across the atlantic in the northeast, it is a small region. what london really has is a wealth of expertise with universities. you have imperial college, kings college, the amount of research already being done here. businesscial and sectors are here. they want to leverage that, to bring in the investment so they can do the pr stuff that boris johnson is good at, to show the with thecan be twinned b

caroline hyde is here to tell us all. off with amazon. >> jeff bezos going front and center in the competition on hard weight -- hardware. he has even readers, package this time, itnes, is the battle for your sofa. a television viewing device will be streaming from the internet, television programs, movies, making use of the huge portfolio of content. it is about sucking us into the amazon ecosystem. they want more of us to get their reamy him t -- premium subscription called prime. they are coming up against google chrome cast and against netflix. people familiar say it will be the online tv. >> this is the battle they have been starting, that has been started a couple months ago with comcast. stick has beenst available in the united states. it is getting you sucked into the content story. netflix is the other big one. >> talk to us about microsoft. about ifnadella was you cannot beat them, join them. they were admitting that they wanted to make the most of their office subscriptions. if you are not going to buy the surf

caroline hyde is at the touch screen with three stocks to watch. caroline?m going on the optimistic side of things and sticking to the gainers. hays posting very strong increases in net fees. up 8% in general. asia a little bit weaker. europe up 11%. u.k. up 14%. they say we'll be at the top end of our profit target. hays the standout performer today. lvmh up 3.8%. leather good. trongest sales in two years. arks & spencer, up 2.4%. trying the get people to buy the clothing arrangement and getting it more stylish is starting to pay off. shares 2.4%. back to you. >> thank you, caroline hyde there with the very latest on some of the main stocks we're watching today. these are the bloomberg top headlines. chinese trade fell sharply for the month of march. xports and imports missed. bloomberg is monitoring prospects for additional stimulus. speaking of surprise declines, australia's unemployment rate -- that sent y in australia to a high. eir jobless rate fell to 5.8%. greece, a sale of five-year bonsd could be worth 2 billion euros. now for an exclusive intervie

caroline hyde is here. we have a 4.2 increase in hownic sales and it shows the organic markets are so superior for returns. they are up 0.6% and that is why we are seeing these companies. nestlÉ is pushing into china with some of what they offer. they have buxton. coffeehey have taste in in china. strengtheningthe frank is way airing on the desk is weighing on the sale -- is weighing on the sales. it is far less in value. you also have other headwinds. notably, rice deflation. 2014 withntinue into a lot of the food producers prices.o reduce their it fell in the first quarter last year. >> it will be consolidated in the second quarter. >> coming from nestlÉ, it will be what they do. >> stay there. we will see you later. before i ask you, finishing off with china. it is $3.82 trillion, the world 's biggest. is that proof of the weakening in the first quarter being a result of the heavy intervention by the central bank? >> the biggest driver of the reserves is how much money in investment goes into the country

the biggest faller. >> caroline, thank you. these are the top headlines.an deputy foreign minister said the new u.s. sanctions against some officials and 70 companies will not go unanswered. the targets included the chief , sechin. of rosneft draghi is said to have told german lawmakers that a quantitative easing program is not imminent. draghing to an official, said central-bank is ready to start a qe program if needed but it is relatively unlikely for now. church prime minster issued the first intelligent -- turkey prime minister issued the first -- he made the comments to charlie rose. he does not recognize it as genocide. because it is such a genocide had been the case, wouldn't there have been armenians living in the country? we have citizens who are transports and armenians who are here in our country. we do not exclude them. >> you can watch the four interview tonight on "charlie rose" at 10:00 p.m. london time. turning to one of our top corporate stores. stmic shares are lower. they reported a loss. better than expected. quarter --est draped it is

caroline and catherine. caroline is five and catherine is three. indeed.for every one of you who are parents, you know god makes every child very different. is the essence of sweetness. she is just a sweet, sweet little girl. rascal. is a , heidi had those girls up in d.c. one weekend. a beautiful fall day. we decided to show the girls mount vernon. we are driving down the george washington parkway. the trees are turning. they are red and orange and yellow. we are driving down and caroline is sitting behind me kicking the back of my seat like she always does. catherine is sitting on the other side. caroline asks her sister, catherine, what do you want to do when you grow up? catherine says, i want to work in the u.s. senate. i want to work with daddy. boring. says, that's we are going to be rock stars instead. zinger. tosses out the besides, daddy will be dead by then. [laughter] that's a real conversation. i'm sitting there like, hello, i'm right in front of you. de me wonderake me if maybe caroline had been speaking with republican leadership. [laughter]

. >> caroline hyde is with us. >> perhaps not. this is a man who had engine blood in his bones and has been added for 25 years. had thatyears, he turnaround credential that is clearly shown when he was at the helm in 2006. it was a thorn in the side of he has driven it to profitability. margins inenviable the industry. 10%. double what most car manufacturers think is a good track record. nine years in helming the u.s. area. notably, he runs the weekly business review when it was first introduced any speech to the employees about four on a weekly basis. this was a guy who said we would not tolerate failure and this will be ongoing. he rescued four. what happens next? talk to me about his tenure. >> fascinating, isn't it? they honed the management skills in boeing. billion so-called business loan. without that, they would have been doomed. they were literally betting the business. to drive them towards the future with fuel-efficient models that are more fresh and stylish. the fusion sedan and the escape suv. to $40rts you brought in

caroline. >> good morning, francine. it is the calm after the storm. last night, we had see every for lens -- we had celebrity friends such as sienna miller. the crowd was enormous. now i have to say it is a pretty nice shopping experience. all the rails have been restocked. you can find yourself a gold embellished tress for 600 pounds. numbers also a leather down in theunds flagship store is already on ebay for 350 pounds. this is what they want, the social media frenzy to build on their relationship. >> let's talk about how this all works. this is designed to generate revenue. it is meant to boost the bottom line. it seems to be a collaboration that works. >> it is. feels it isip green a collaboration that works. it is a british style icon with a british retail force. his growth strategy is very focused internationally. he is pushing hard into the united states, unveiling more stand-alone stores, not just those with nordstrom. he needs the brand that is kate moss to help them drive off the competition. a u.k. retailer is opening its first stores in t

caroline and catherine. caroline is five, catherine is three. i do indeed.areevery one of you who parents, you know god makes every child very different. catherine is the essence of sweetness. she is a sweet, sweet little girl. is a rascal. , heidi had both girls up in d.c. one weekend. it was a beautiful fall day and we decided to drive down to mount vernon and show the girls mount vernon. we are driving down the george washington parkway, trees are turning, they are red, orange and yellow and we are driving down and caroline sits behind me in the car seat kicking my seat and catherine is sitting on the other side. sistere asked her little , catherine, what do you want to do when you grow up? want to work in the u.s. senate. [laughter] i want to work with daddy. and caroline says that's boring. we're going to be rock stars instead. then she tosses out losing her. she says besides, daddy will be dead by then. [laughter] that's a real conversation. i'm sitting there going hello, i'm right in front of you. made me wonder if maybe caroline had been speaking wit

caroline hyde has more. talk to us about what is happening in the states. >> the u.s. -- it all goes back to january. the u.s. court of appeals said the regulations for open internet aren't good enough. it still meant that service , those you use to access the internet, could legally slow down certain websites, block certain websites. if they felt they were too much of a competitive threat, netflix springs to mind. they weren't saying they were doing it, they were saying they were able to do that. with comcast also buying time warner, the fact that you had fewer internet providers became a concern. the fcc looked to tackle this. the draft regulations they are circulating arguably don't go far enough. that is what many are feeling. they say netflix has been very vocal about this, saying that you are still allowing content betterrs to pay for access to the internet, to speed up their services so that when you are downloading a video you don't get it all jumbled, you get a pure signal. netflix already has paid

for more, we are joined by caroline hyde. also, fabrice. caroline, let me start with you. thinks it is worth it. >> it is very dna. brand they how much own. 27, they bought. shop, this isdy driven forward, the brand in general, making it the biggest cosmetics player in the entire world. it seems to be on one emerging-market. particularly with snail cream. snails are a hot topic. luxury products, shiseido is another deal they have done this year. mass market is where the bulk of their revenue comes from, but the faster paced growth tends to be the luxury area. >> the french are good at being aggregators. very similarh, a story. is it very similar, though? .t does not have to do that as l'oreal have to do what it is doing? operandi. modus and china, it is relevant. shiseido is smaller than l'oreal, so for l'oreal to go and buy existing brands, it is important for that market, where their own brand has not been as successful as they would expect it to be. >> why are they not being successful? they are still keeping maybelline. is the chinese buyer -- do they not like brands t

back tousm >> caroline, thank you.e there with the latest on amazon. >> still ahead -- the secret source behind the superhero move he's why, the captain america sequel will make you marvell. ♪ >> good morning, everybody, welcome back. you're watching "the pulse." let's talk about the currency markets. the e.c.b. is meeting, press conference to follow. you're row dollar not doing much in advance of that. now there's a dollar component to this. payrolls tomorrow, so think about that in the context of this number as well. but nevertheless, if we start to see movement from the e.c.b. today, could see a big reaction in euro dollar. it has been levitating at a much morrell invited level that is justified. single currency, a big part of the e.c.b., speaking at the moment, we heard draghi talk about it recently. we also spoke with the bank chief. now, he seems to be warming up to the idea of maybe a deposit rate to deal with this inflation problem. we asked him how the strength of the euro is now impacting policymaking. >> thi

caroline hyde joins us. shares are up but you have to look for a silver lining pretty hard. >> there was no big shock but let's not put roasted the glasses on. at the moment, profits down for a second year. we have seen sales down three percent in the last quarter. that was worse than estimated. more than one billion pounds worth of write-downs coming in china and europe as profitability sunk. shocks, but the surprise isn't going to be -- there is no surprise. it is a tough environment not just for tesco but all the key players. price wars. you have morrison's channeling a billion pounds worth and cutting their overall prices. that is something tesco is having to tackle. they are losing market share to the likes of aldi and their prices aren't managing to entice people to come in. >> i spoke to an investor who said yes, we are disappointed. it, tesco isabout still the third-largest supermarket retailer in the world. >> it is. it is huge. the amount of profit it does bring in, still in excess of 3 billion pou

caroline hyde, it is embedding a can lead to more users to its exclusive content.hat is why we saw shares after hours because they are hoping they can bring out more profitability from each of the users they have. they already have more than 48 million subscribers. they are going to add about 25% in terms of the price they charge. dollar.ar-two you can do a limited web viewing. they are the bigs online subscription service. onlinebiggest subscription service. also profit a beat. times, at $50 million. sales grew 24%. it looks to be able to grow in its exclusive content and lure people in. >> is international growth is also growing. as that is interesting. the pace is picking up up 16% we saw growth of international subscribers in the first quarter. we are seeing half of that for the united states although domestic is where they are strongest. 75% of all of their subscribers are based in the united states. they want to drive that to more than double. they want to get 60,000,000-90,000,000 in the u.s. six percent growth in the first quarter. interestingly, the focus

caroline hyde with some of the biggest movers in today's trading session. are the bloomberg top headlines. toyota is recalling more than 6 million vehicles worldwide. the recalls include 27 models, the pontiac vibe. company is trying to improve this process after regulators punish toyota for delaying recalls in 2009 and 2010. the european union is moving to overshareholders a veto pay packages for executives. the financial services chief introduces the plan today. it will require a shareholder vote on pay policies for company directors at least once every three years. approvedlators have covered leverage caps for america's biggest banks. eight lenders will now need to hold capital equal to at least 5% of their total assets. that is higher than their overseas at -- investors, who much hold -- who must hold at least 3%. >> we await the latest minutes from fed policymakers later today. as janet yellen leads the u.s. out of qe, the ecb may be leading europe intuit. have you onreat to the program. my first question is a simple one. what is more interesting, what

and talking to caroline about a new tool, twitter. >> and good morning from washington. it's thursday, april 24, 2014. this is "the daily rundown ". i'm kristen walker in for my friend chuck todd. developing news in afghanistan where four americans have been shot and three killed at a charity hospital for children. the gunman was a security guard at the cure hospital in kabul. the guard shot the four americans, then shot himself in the chin before he was taken into custody. he targeted an american doctor and three hospital visitors. the doctor, a father, and his son were all killed. both the women had surgery at the same hospital and both are stable. the taliban is not claiming responsibility. the cure hospital is run by a faith-based charity out of pennsylvania and treats 37,000 patients per year. >> and turning now to the president's four-nation asia trip, president obama is wrapping up a state dinner at japan's imperial palace, where he exchanged toasts with the emperor of japan. take a listen. >> it's been nearly 50 years since my mother first brought me to japan, bu

here with more is our european business correspondent, caroline hyde. a growth trend of u.s. retailers taking europe i storm. >> it is not just michael cores, --kors, but michael cores kors seems to be the standout performer in terms of growth. like for like sales up 28%. that is more than double wear burberry was. came second in the list of who did well in luxury. you have got to remember, growing from a small base, $3 billion is where we are thinking this year's sales will be. that is just 10% of lvmh, but is chief is negative ambitious and feeling confident. he said he is stealing market share from the likes of louis , those european big houses that have been here for the last 50 years. he is stealing market share. be 100er is he going to stores in europe, it is going to be 200. i think it walks a very fine line of luxury but at a good price point. at the moment, things are relatively cheap -- when you look at their watches or their -ags, they are about 300 euros 1000 euros. compare that to gucci or louis vuitton, which are about 1000-2000. they are

hyde, ourou, caroline european business correspondent.ll have more on l'oreal's beauty lay book in the next hour. the next hour. we will talk about the playbook that they are pushing through. also coming up, peugeot, under pressure. slighting. can i get back on track? we will be live in paris next. writing by the seat of his pants, he is putting it all on thesene to sell powerboats. nice job. see you in a moment. ♪ >> good morning. welcome back. you are watching "the pulse." i am guy johnson. let's talk about something happening in france. peugeot, under pressure. stock is down. they are preparing to splash their model line-up. to the principle on the energy and transportation team. he joins us from paris. the market seems unimpressed. are they waiting for details of the new plan? stock is trading lower today. >> there have been some announcements. they'rehe fact that going to build cars that are in line with a different market. they're going to set the original division, one for russia, one for jamaica, one for china. they are more a tom

caroline is here. are you a gulper or sipper? you better explain.article but apparently for you coffee fanatics, getting high on caffeine, apparently we should all gup to get more aroma from the coffee according to this article. don't complain when somebody is taking big drawls of their coffee, making a noise, because they say it has a higher roma release and it has a significant impact on each other. therefore, we take 25 milliliter mouthfuls. >> do you like coffee? >> i love coffee. fan, dave?a coffee how do you consume your coffee. >> yes. >> the italians love their coffee. >> i don't even drink it. i am a tea man. the masters, round one is over. is, and the american is leading. he followed a couple of groups, including arnold palmer, jack nicholas, gary player, the three old boys, and he has written loving things about how things are policed in the gallery, what you can and cannot do. signs, no cameras, no phones, no chairs, no radios, no sitting in standing areas, no outside hats, fans, or fanny packs, no outside drinks. >> you can't do anythin

here to tell us more about moss mania, caroline hyde is here on the flagship store.id it go last night? it seemed to be a huge crowd here at yesterday. it lost a fanfare of djs. kate moss was taking to the stage. once again, the british style icon teamed up with the british powerhouse in retail. time, theyh gathered. it moss unveiling a large collection of pieces. 600 pounds for one dress. 17 million [indiscernible] than thousands of crochet. >> is to be a collaboration. >> it is. this is a company in which top 350 has stores in almost countries right now. really pushing hard to germany and france. kate mavs is not just a british style icon. she is a worldwide famous face. she has helped launch -- kate styles not just a british icon. she is a worldwide famous face. she has helped launch many -- i think it was in 19 [indiscernible] at the tender age of 14. this is why this is all about kate moss the business. she rates and 12 million pounds. gather inre tax x i >. collection good >> there was a stampede to get in when it was unveiled. people were snatching dresses off

let's start with caroline.> the telegraph has the top 50 best. 100.ow the top amazing how much it dominates. pretty phenomenal. i mean, it is all about sebastian. the number two. -- in spain. 3 and the top 10. noma was number one. really become the trend in taste and vogue. that fury. in the top five we have a brick. -- brit. and the leveree. notable new editions. that is near me. >> the fat duck is three michelin stars. >> in the top 50. >> how they choose? >> one of the 11 -- notes. should be taking >> what have you got? >> news, mark you can use. cigarette butts. there is a charge. they never enforce it. they have a helpful table a what will cost you a fine. public urination is 20 euros. let your car idle unnecessarily, 20 euros was a throwing away your banana peel is 35 euros. let your dog walk without a leash is 35. letting go fireworks, 100. 's will tabulate mark vacation. [laughter] >> that is hans. pick up your banana. >> the barcelona player. thrown onto the pitch was not he picked it up and took a bit

caroline, tesco is in trouble still.is the second year of losses. >> a second year of declining profit. moree seeing sales down than estimated in the fourth quarter, down 3%. they are very much sticking to wear their plan is, to revamp stores. they are cutting costs. there is a price war going on in the u.k.. 200o is only throwing billion pounds at it. it could hit profitability, although a bit of release. it could have been worse. china could have been worse, tesco could have been worse. investors want to know what is the future of management. we have someone at the home was been there 15 years and people are starting to question whether he is the right one to continue? three carr has been there years as an executive. he joined in 1974 stocking shelves. he has a life-long career at tesco. he is the only man standing in the whole board. the original board that he inherited is gone. , we have tesco, we are watching ukraine. we are watching -- >> janet yellen. what will her words to the market be today? will she be more ca

i think caroline kennedy is having a positive impact. i would say that she is not a heavyweight on diplomatic fronts, not herselfyweight on economic issues and that does signal about our changing relationship with japan. in 1980s -- >> more symbolic than anything else. >> and cultural. they are no longer the number two economy in the world. >> sure. >> that is very much an indication of that and sort of the change in how we view them and how we're going to work with them in the future. >> one of the central thrusts of this trip is the transpacific partnership. can we get this thing finally done, and there's no guarantee that it will get done. there's a lot of hurdles especially around beef to get this done. if we can get it done what do you think will be the value to americans, "the washington post" is writing about this saying if you're a business owner, this is going to be great. if your job is building cars and planes, you should be worried. what do you think, john? >> i don't know. these kind of trade deals, both sides oftentimes wil

. >> caroline: rick is an excellent president. why should he step down so you can take over?ridge: i'm pretty sure i explained all that. >> brooke: you were gone for over a year, and we had to pick witht you.ces and move on >> eric: ridge, what you're proposing -- >> rick: dad, don't even consider this. he's got no authority about who stays or who goes. ridge, what are you doing? i'm president. nothing is going to change. >> ridge: change is exactly what we need. that's why we're all gathered here today, and i'm not gonna hurt anybody. i'm gonna be very, very nice. >> caroline: no, what you're trying to do is throw your weight around. on what grounds? >> eric: now, let's make certain that we stay very calm here. >> brooke: [ sighs ] okay. you're a designer. you're a very gifted designer, but that doesn't give you the power to appoint yourself president. >> ridge: but i'm back, i

that would be great. >> ambassador caroline kennedy with chuck todd in tokyo. >>> still ahead for us on the broadcast, new rules just announced for what is being marketed as a smoking substitute. the feds are stepping in on the e-cigarette industry. and later, what a 10-year-old visitor handed to the first lady during a visit to the white house. a moment caught on camera and getting a lot of i a tension. >>> the federal government today announced the first steps toward regulating e-cigarettes. they are growing in popularity, especially among those trying to quit traditional cigarettes. the fda needs to know much more about the risks and so far they say they don't know much. our report tonight from nbc's tom costello. >> reporter: they are springing up across the country, vapor bars, caters to e-cigarette customers, many trying to wean themselves off of tobacco. in los angeles, the liquid nicotine business is booming. >> it's water vapor, so it's very light tasting. >> i have green tea lemonade, like a pineapple peach. >> reporter: fueled by a massive marketing campaign. >> i've been

much.nk you so caroline hyde, jonathan ferro. keep it right here.he china slowdown continues and we will find out what it needs for market later in the hour. ♪ >> welcome back. i am francine lacqua. here are some companies on the move for you. biggest network maker is focusing on more lucrative contracts. this is the fourth consecutive quarter that eric since profitability -- ericsson's profitability has not improved. wrapped up talks with french regulators about how to pay for content and to comply with streaming news. it is proposed merger with publicist is moving slower than anticipated. approvals from french tax authorities and the residency commission. . few final thoughts he is a member of the investment committee. thank you for sticking around. we talked about the tech stocks that you like, including facebook. he talked about the world in general. emerging markets -- you quite bullish on the emerging markets. >> you need to be very selective -- we still find some great opportunities for couples. >> how do you rank brazil at the moment? we're

caroline, you have been we had the chief executive on.areas of money gathering, royalties. that is flowing. percent, about four but they are signing more licenses. it means more royalties in the future. many of the stock traders say it sounds upbeat. look for arm holdings to rise about one or two percent. a beef foods, we know it -- a foods, we haveb been talking about it expanding in the united states. are continuing to go down. s becoming a problem, sugar becoming a thorn in its side. expansion in europe and they will have stores in the northeast of america. >> thank you. storyl have more on that and on stocks to watch we come back. ♪ >> welcome back. minutes until the start of european equity trade. thank you for coming in. caroline was running after the headlines on the details behind the primark story. interesting move now that primark is going into the north of america. excitement or trepidation? >> we had to greet it with excitement. we are walking into europe and the u.s. story is a bit of a surprise. you would not really guess th

european is our business correspondent, caroline hyde. sales are up, but costs are up as well. >> and in exactly the same proportion. it is quite amazing. increase in expenses, spending. nearly $20 billion is how much jeff bezos is plowing into this company. one investor we spoke to earlier this week was saying it is always jam tomorrow, never jam today when it comes to amazon. investors like building the company up, because shares rose after-hours. and they are trying to increase profitability a little bit. they are charging more. if you want to be a prime subscriber, you are charged 25% more now. you are charged $99 per year. overall, he is sacrificing profitability because operating margin fell .7%. million, this is a company that is getting $20 billion in terms of expenses. the profitability is not what you are looking at. you are looking at potential growth. >> and not just in the core business, it is venturing into other areas as well. rex it is quite amazing. jeff bezos does think outside the box when it comes to amazon. yes, they

european business correspondent caroline hyde is live at imperial college, london.g, carolyn. >> good morning, mark. we have all heard of tech city now. to coin a new phrase, they want to have midcity. they want to add london in terms of expertise to the arty successful areas of oxford and cambridge in the u.k. to build in four -- the foremost area the world for life sciences, to take over the likes of boston. you can check out some of the labs behind me now. hopefully going inside a couple of them. dying my white lab coat. currentlyng you why already the u.k. has 50 billion pounds worth coming in file life-sciences and how it works, to grow that even further. >> thanks, caroline. stay with us for analysis of emerging markets with a p morgan asset management's chief investment officer richard to therington. -- ti ♪ >> time for today's company news. the bank's wealth management business in the region jump 38% in the last two years various the biggest pool since ubs started its operations in the region. in carrefours. at 1.3 billioned euros in yesterday's close. combi