where's caroline, come on in here! caroline! caroline speaks english, gloria speaks spanish. caroline we have a full staff of spanish speaking sales people as well. it doesn't matter what language you speak, we've got english speaking, we've even got a few other languages... hammy! we've got hamster covered, rodent. all right here a fuccillo kia, one stop shopping, whether you're looking for a brand new kia or pre-owned vehicles such as, this one, what do we have here? ryan. ryan what are you driving? 2013 nissan altima. can you tell me about it? it's got about 57,000 miles, bluetooth, cruse control, voice controls, all the jazz. lots of features, lots of selection too choose from here at fuccillo kia. whether you're looking for a new kia, or a pre-loved vehicle. and if you're looking for hugekiacredit.com. you love that website. it's the web of happiness, mark. you select your location at the bottom of the screen. so, if you're in wesley chapel, tampa area you select that wesley chapel location. if you're in the fort myers, cape area, south west florida area you're going to

caroline? caroline: let's check in here, because you say there's less volatility, but the stoxx 600, tom, already between gains and losses five times since last i checked. auto, banks leading the charge. you also have swiss bank strength this morning after the swiss national bank flashing their cash, still trying to push its currency lower, buying in foreign currency. worry at a record high of $580 billion of foreign reserves. nevertheless, they just can't fight it. the swiss franc goes higher. big story here, tom. miners are so well this week, but dow is going to the market to raise more cash. and lastly, gold is up .2%, a little bit of a trade there. tom: we've got a euro chart, and we'll show it. right over to the bloomberg, let's do that, and this is like the litmus paper of the banking system, the vanilla spread. here's the ugliness of recession, up we go, and this rollover got people thinking. i would suggest that the fear of recession is more about money coming in to the united states. t

caroline? caroline: thank you. eagerly watching brussels.expected to reach a deal in the u.k. with european union as soon as today. we are just hearing from the head of the eu at the moment speaking, saying there will be a deal done today. asp an eye on that as well inflation, expecting to have declined in january. tomorrow in the u.s. -- politics. south carolina holds its republican primary, and nevada holds its caucuses. let's keep this conversation about the u.s. now. you --stin geoffrey yu with us. the dollar strength, making back some of the losses we have seen in the prior month. what is your outlook when you have got political instability, when you are heading into an election in the united states? it is mainly about the fed. geoffrey: i think the that is not going to push back aggressively against the markets to attain expectations for rate hikes in the near future. are we seeing the transmission from the dollar into the outright weakness in the u.s. economy because at the end of the day, compared to germany and about wherell worry t

caroline? caroline: i am indeed, i. guy. none other than the chief executive of ford.aunching a car at a tech conference. you are plowing in the technology. >> here we are really emphasizing the point that we are transitioning from an auto company to an auto and mobility company. one of the reasons we are here is because we are talking about our core business which is designing and developing great utilities. it is also packed with great technology that will help you with the -- as a driver. what better way been seeing a technology-savvy audience? caroline: paint a picture for me. when will i not be driving? you are already investing a lot and driver assist. when do i not need to do any of that? >> we will probably see by the end of the decade that somebody will introduce a fully of economists vehicle -- autonomous vehicle. caroline: will it be you? >> it may be. the level we are shooting to come out with like the tech companies is a vehicle or the driver does not need to take control in a defined area. when we do come out we want to make sure it is true to our brand a

caroline? caroline: cmc holding that view that until we hit over $36 on need, that is the level we to see any sustained growth on oil. as we see that correlation write-down, let's focus on china. bank,na's central conducting open market operations every working day. let's go straight out to shanghai to get to the bottom of what this means. allen wan is joining us now. this is about control of liquidity, control of cash in the system. they want to do it daily. month it seems that last we had this record surge in lending and a lot of people saying it had seasonal effects but this will not continue. what we have seen the last few days is the pboc and government are intent on maintaining this lending momentum to boost the economy. --dman sachs came out with a they came out with a very bullish report on the economy saying that even though our growth has continued to slow and it will be bumpy, there is nothing to worry about. low and behold, the pboc comes out with all this measure that will reduce t

with me in london is caroline hyde. good morning, caroline. the bank of england today -- any fireworks? caroline: at incwe want to get perspective, tom. we want to get the idea that this extraordinary volatility -- oil prices, stocks following eike a lost puppy -- will we se what is happening in the markets reflect on the overall economy? the eu cutting growth figures for gdp -- that is a market d circumstance. tom: i'm bringing in vonnie quinn before she does the news. it really shows the growth tension. vonnie: and the inflation forecast, cut by half. that is a huge move. also assuming brent crude at $35.80 per barrel, down from $42.50 per barrel. tom: and this set that up perfectly this morning. we will look at the bank of england, announcements coming out, and david rosenberg will join us in the next hour. he is adamant that deflation fears are overdone. right now we need to check up with the news. vonnie: the euro strengthening. days after they began the syrian peace talks, geneva has been suspended. againste major progress rebel held are

>> caroline: it does. >> ridge: hi. >> caroline: hi. don' t get me wrong. i loved our loft. it was -- it was where we fell in love. it' s our -- our special place, our -- our little bubble. but it feels nice to be settled and feel like we' re putting roots down and have room for the baby. lots and lots of room. >> ridge: best place to raise a family. right here. >> steffy: so, quinn' s got a new boyfriend? did you meet him? >> wyatt: no. actually, but he was sick or something, so i didn' t even get to meet him. >> steffy: that' s too bad. actually curious about what he' s like. >> wyatt: yeah, you and me both. but she was -- she was being sort of mysterious today. >> steffy: she just broke up with deacon. you know, she has a new guy in her life. maybe she wants to impress him, keep it low key. "oh, hi, meet my son" is a little much for the beginning. >> wyatt: i know. that' s true. but he must have made an impact on her ' cause i' ve never seen her so anxious before. >> steffy: well, that -- that explains it. >> wyatt: explains what? >> steffy: quinn has been way behind deli

let's get to bloomberg first world news with caroline had. -- with caroline hyde. caroline: ireland is based in the prospect of a grand alliance. the general election left no party with the majority. enda kenny is expected to finish ahead of the pack, that will have to negotiate with other parties. that includes fianna fail and sinn fein. voters are angry at spending cuts and tax hikes. ted cruz says donald trump may all but walk up the nomination if he wins big on super tuesday. meanwhile, hillary clinton won a landslide victory over bernie sanders on saturday. rejected thet has economic pessimism dominating the u.s. presidential campaign as dead wrong. in his annual letters, the 85-year-old meet a case for a bright future, focusing on an all-powerful productivity trend in the u.s. leonardo dicaprio has finally won an oscar. he won for best actor in "the revenant." isomberg first world news powered by journalists from 150 years bureau's around the world. hans: we all know that leonardo dicaprio deserved it for " gilbert grape." we have seen a little bit of market

caroline hyde is here.ine: janet yellen says the central bank is not to blame for engulfede that has financial markets this year. it is unlikely to roll back interest rates in response. she argued that the fed's first rate rise has been widely anticipated and prompted little action in the market. the rba is keeping the door open to further rate cuts. governor glenn stevens told a parliamentary panel that the economy has flexibility for further easing. he says the board is weighing the sustainability. the u.s., russia, and other powers have backed an accord calling for a truce in serious -- in syria's civil war it demands the immediate delivery of humanitarian assistance to besieged areas. >> we are doing everything in the power of diplomacy to try to bring it in -- bring an end to this conflict. in a way that results in a unified, nonsectarian, minority-protecting, secular, whole state. caroline: we will speak to the u.k. defense secretary at about 7:15 u.k. time. jamie dimon, the chairman and was kind --ga

he is caroline hyde. caroline: tom, thank you. the u.s. described as has discouraged -- has discouraged other countries. russia is trying to return to form that markets for the first time since 2013. u.s. will send the united nations security council a proposal for new sections on north korea. the u.s. and china thought of new ways to punish north korea for its recent test of a nuclear device. american diplomats once china's support. ramping upouse is the pressure on senate republicans to vote for a supreme court nominee. the administration is already considering a republican for the job, nevada's governor brian sandoval. they think the next president should make the choice. a power. system swept across the east of the united states. a death occurred in virginia. weres and mobile homes damaged. tens of thousands of people in the region lost power. health officials in florida say three pregnant women have tested positive for the zika virus. all three cases appeared to be travel related. global news, 20 hours in a, powered by 2400 journalist

caroline: let's cross over to caroline hyde now.ine: fed chair janet yellen says the fed is not to blame for the tunnel that has engulfed the financial markets. winding up two days of testimony on capitol hill, yellen argued the fed's first rate rise in nine years had been widely anticipated. germany's economy sustained its momentum in the fourth quarter, growing 0.3%. europe's largest economy benefited in part from cheap oil prices amid an emerging market slowdown that heightened concerns about global growth and send equities plunging. euro region gdp is scheduled to be released at 10:00 a.m. london time. reserve bank of australia is keeping the door open to further rate cuts. governor glenn stevens told a they haveary panel the flexibility for further easing. he says the board is weighing the stability of recent jobs levels. the u.s., russia, and other powers have backed an accord calling for a truce in the syrian civil war. the siege delivery to areas of humanitarian assistance. >> we are doing everything in the power of diplomac

let's go to caroline hyde.ine: we were up more than 5% on the stoxx 600, on track for the best week since 2011. itwe maintain these gains, will be the best week since 2011. money has spilled into the equity side of the equation. on the weekly gain side, we can see a track higher. the cac 40 is completely dead. we have been having a negative day over in asia. in, trying tong draw out some of its exuberance. we saw a record amount of new credit injected into china over january. meanwhile, we are tracking lower when it comes to oil. we are down 5/10 of 1%. we are up when it comes to wti crude. today, the focus is more on the supply glut. we can see 504 million barrels, a record high. -- there, godld is no risk aversion today. it is down on the week as well. money is continuing to go into the yen. the dollar is down and the yen is up. we are once again getting that next correlation going on. ad, you are picking her assets and deciding where to put your money. let's have a look at the xts. down 4/10s a of 1%. they a

here's caroline hyde with the bloomberg first word. caroline: thank you. deutsche bank has become the largest lender in four years to compel to reassure investors and employees that it has enough cash to pay debt. the ceo has failed to generate confidence in his plan to cut costs. d has more than double this year. its share price plans yesterday. writers threw bricks that police that hong kong at one of the busiest subway stations. the protest came as police closed down illegal food sources. they fired warning shots in a bid to contain protesters. italy's finance minister says the expected decline of the public debt is here, marking a turnaround for the euro region's economy. changing financial markets are skeptical. erdogan spoke at an exclusive interview with john nicholsb y. >> given real growth, and given a bit more inflation, we will see dynamics of debt accelerating downward, and this will change the market. caroline: globally is, 24 hours a day -- global news, 24 hours a day. guy. guy: thank you. what a day it was yesterday. markets around the world

tyco caroline, thank you. -- guy: caroline, thank you.a back, hong kong back. >> it is due to multiple concerned that the channel growth story and the global growth story. plunging oiles and prices have a big impact. this has had a followthrough affect. you look at the asia-pacific stock index with the exception of japan, it is closed. we are seeing most groups trading lower good financials down 1.4%. let's see how markets are trading in respect to currency. risk aversion in the markets. comments from janet yellen have an impact on southeast asian currencies. they are gaining on the expectation that the fed may delay in further rate increases. taking a look at what we have in the markets that are closed. sold today, trading to the lowest level. in new zealand trading lower on the day. australia managing a gain. the miners doing well. these stocks we kept a close watch on in australia. down -- virgin australia expects a full-year profit. however the stock is not reflecting that today. tinto come on rio out with results. a difficult environ

let's go to caroline hyde. caroline: chemchina has offered to buy syngenta for more than $43 billion. the plan to take over the swiss seed maker comes as the company extends its shopping spree. the all-cash-- offer would be the biggest yet by a chinese firm. $30 crude is trading below a barrel again. japanese shares plunged more than 3% in less than two weeks. biggest two-day drop in almost seven years. u.s. industry data shows crude stockpiles increased. analysts are predicting oil prices will climb by around 50% by the end of the year. crude will reach $46 a barrel $48 --t will trade at $48 a barrel. guy, back to you. guy: thank you very much. less than half an hour ago until european market opens here it -- opens. take a look at where we think that's telling us it is likely to be half percent lower on the ftse 100. .8%.ax lower by jonathan: japanese equities about to erase all of the post doj gains. we'll get to the other asset classes. treasury yield continuing to climb lower. 1.85%. the yield on the u.s. 1

caroline hyde is there with a special guest. caroline?deed, francine. , take you for joining us. you are the network provider in the u.s. you are connecting cars, phones, everything. in the smartphone area, are you worried about the saturation? >> not at all. the smartphone just begun seven or eight years ago. growth,ill seeing whether from an os side or hardware side. it is still growing. they're still a lot of gas in that tank. what is exciting is what is behind the glass. what the innovation is what is behind it, what drives it. how it -- how we resolve problems for our customers. caroline: are using demand for the higher end phones? pace is a different discussion. we are still seeing demand. we are still growing. we are focusing on what the customer wants. on the high inside, they want a new phone every year. you saw bigger screens. we are seeing fabulous, which is a smartphone in a tablet combined. we are seeing it from all sides. about --nt to talk we're seeing it in the segment. everybody wants a smartphone. comes into our network

caroline? caroline: well, frontrunner donald trump was -- marco rubio and ted cruz went after trump with everything from his health care and at one point rubio brought up the now defunct trump university. >> and they are suing him now. $36,000. that's a fake school. and you know what they got? they got to take home a cardboard cutout of donald trump. that's what they got for $36,000. francine: more than a dozen states will hold primaries and -- this time in kansas. this time police say a man opened fire in multiple locations killing three people. they say most of the shootings took place at the factory where he worked. the united nations security council is preparing to -- they are aimed at forcing the country to curtail its news program. they obtained a draft and contained ships going in and out of ports. plus the country can no longer import aviation fields. voters in iran are costing president hassan -- rivals attempts to block the economy and british lawmakers want greater power and dismiss

i am caroline hyde. tom: thank you, caroline. of canada -- a earnings,ue miss on $5.5 billion canadian. whenis a big revenue miss they announced cutting 7000 jobs. we will get to our guest host in a moment on the real economy and how it fulton to the financial -- it folds into the financial. right now, let's get to a data check, equities, bonds, currency, commodity. nymex crude was up about 30, it shows what we have seen come onto the next screen if you would. 4.11,ic idea is the vix 2 not bad. brent crude $33.05. i am watching dollar-mexico as one of the emerging market stories doing better than good this morning. guy, what do you have? now veryre risk on much. the flip you see in dollar yen, now trading higher, the yen was up significantly earlier on. the nikkei was down. stock up 1.61%. what is slightly interesting is the fade on the gold trade, which was higher a little earlier. much more positive on the session right now. tom: they're a good. guy johnson, thank you -- on the session right now. tom: very good. guy johnson, th

>> caroline: because you're c.e.o. of forrester and you have obligations. >> ridge: no, my obligation should be here with you, with our baby. so please, no more false alarms. >> caroline: no, no. not that that wasn't actually very scary, thinking that i was gonna deliver our baby with its father thousands of miles away from me. but luckily thomas was there to, you know, take me to the hospital, which was very nice. >> caroline: mm-hmm. >> ridge: and everything -- everything has to take a backseat. >> caroline: clearly you've forgotten that we're throwing a cocktail party tonight for forrester's most loyal supporters. i mean, that's why we came over here, right? to check on the preparations? >> ridge: uh-huh. among other things. >> caroline: what other things? >> ridge: things that rick won't be too happy about. >> rick: you did, too! >> bridget: i did not! mom, will you please tell him? >> brooke: actually, honey, yeah, you kind of did. >> rick: see? >> bridget: wait. maya, help. they're ganging up on me. this isn't --

here's caroline hyde. caroline: good morning. stocks have soared in tokyo, with the topix posting its biggest gain in six years as investors show that japan's economy trying less than expected last year. china's trade numbers for january underline challenges facing the economy. exports fell and imports declined after a trade surplus of more than $63 million, the biggest on record. the figures suggest that the currency's depreciation has yet to boost competitiveness of chinese industry. it is president's day in the u.s. stocks and bonds markets are closed. president obama will be at work, greeting leaders from southeast asian nations for their first u.s. summit in california. hsbc has decided to keep its global headquarters in london, claiming u.k. is an important and globally connected economy. hsbc has been based in the u.k. for 23 years and said remaining there is the best option for both customers and shareholders. get world news 24 hours a day. guy: thank you very, caroline. markets, monday morning may actually feel ok for yo

let's go to caroline hyde. caroline: we're focusing in on travels. of your best performers. this is amedeos it. beatingee it expectations with its numbers. it is up 5% of that the moment. profit is in at 751 million euros. a good, strong story coming from the travel sector. belgian drugmaker ucb is also one of the top performers today. they are up about 4% for the moment. for 2016, its earnings per euros,ould be up to 3.2 well ahead of the 2.6 euros. analysts have been expecting. profit and sales are doing well for this particular drugmaker. on the downside, they have been drivingabout the rbs the stock 600 lower. the rbs is disappointing. we can see it is actually down 28%. the big concern is when will shareholders start to see some sort of return of cash? not by the first quarter of 2017. we are born by the chief executive -- we are warned by the chief executive. they have to pay 1.2 billion pounds to the government. we have such hefty charges coming in to the tune of about 4 billion pounds. back to you. guy: great stuff. the g20 finance minister h

caroline: thanks. the harris case ended up in a settlement and that was through the first of what we've seen through the years now as challenges to restrictions at the ballot barks -- ballot box, how people for sure counted, some people challenging and saying there is voter fraud out there area judith: -- out there. judith: after months of investigating, we actually filed the case in january 2001. it was filed against catherine harris and six of the counties and the division of elections. we were challenging everything that we knew happened. from the purge and people may remember there were two companies involved. we actually added one of them as one of the defendants because we knew we needed information about what katherine harris had instructed them to do. and we filed claims under the voter registration act. part of this was, you know, this case really -- the harris case really for us was the first time in which we actually saw that there were these cracks in our democracy and the way in which we a

first up, let's get you up to speed with caroline hyde. caroline: thank you. brent crude has risen ahead of a meeting between iraq and iran in to ron later -- in tehran later. the saudi oil minister described it as the beginning of a process. iran's oil chief will meet his venezuelan counterpart. david cameron has edged closer to membership of the european union. with the u.k. prime minister to in brussels next month, he won the backing of angela merkel. the dutch prime minister, the holder of the eu rotating presidency, also agrees that "there was a good basis for a deal." president barack obama says donald trump won't be elected president. he also said the republican primary campaign has alarmed or in audiences, who expect the u.s. to lead the world. >> i continue to believe that mr. trump will not be president. and the reason is because i have a lot of faith in the american. -- in the american people. they recognize that being president is a serious job. show or hosting a talk a reality show. it's not promotion. it's not marketing. it's hard. caroline: back

caroline: by how much? 11%.e total is by about caroline: talk to me about volatilities.re expecting a tough 2016? >> yes. francine: what our markets concerned about? discussion with our chief economist yesterday and i completely agree with him. disconnect.ve a lower oil price is good for the consumer. most of the gdp is consumption. if you put more money into the pockets of the consumer am a he feels good. he feels he is worth much more. is he isot happening not yet spending. they need a bit of confidence in the future. emphasis -- ifr you look at the price of oil over decades, we have had a few years of abnormal levels around $100 and $35 is the historic average so increasing the return to the historic average. -- francine: you think the correlation between the price of oil and the markets is wrong? >> we also feel strongly that the price of oil is not because of oversupply. the market is reading a lack of demand and a slowing down of world economies. clearly oversupply was a strategy. inventory and it ran coming, new suppliers coming so we don't see that as an early in

caroline: will it be you? mark: it may or may not be.we come out with an autonomous vehicle -- and we need to define what that is. there are different levels. the level we are shooting for is a vehicle where the driver does not have to take control in a defined area. but when we come out with one, we want to make sure it is true to our brand, and our brand has been about accessibility. we want to make sure it is accessible for millions, and not just folks that buy luxury vehicles. caroline: who wins out -- you, google, apple -- do they become your competition? mark: our view is we want to make sure that we continue to be a leader in the area. it is interesting. we are not only a leader in our core business, great cars and trucks, but at the same time, we are a leader in semi-autonomous features, things that will keep you in your lane. that will adapt your speed on the highway. we are a leader there. one of the the announcements we are making here is we are actually tripling our engineering investment in semi-autonomous features. at the s

caroline hyde is here.oline: david cameron's negotiations with eu leaders spills into a second day, as he searches for a deal on membership is something he can sell to the british voters. he is facing resistance over more demands for welfare curbing, and objections for plans to protect the financial industry. ecb the boj following the on negative rates, a quarter of the economy in the world is under subzero. those surveyed is in a negative rates will help governor k uroda. meanwhile, only 42% say the policy is succeeding in the euro area. china's currency is heading for the biggest weekly advance in a year. but the rally should not be taken as a sign of china's great reversal in capital flows. goldman sachs is warning that any further shock to depreciation will only accelerate the exit. with $550 billion of outflows in the second half of 2015, and the yuan is weakening $100 billion more. a $9 billion fund manager is pessimistic about the market. his global equity fund beat 99% of peers, but it now has a div

versed, let's get to caroline hyde. caroline: the antiestablishment candidates have claimed victory in the new hampshire primary. easily over hillary clinton which means the democrats can be heading for a long nomination fight. a crowded republican field with john kasich in second place. 2016 goldmanto sachs has abandoned five of its six recommended top traits. the bank was long on the dollar versus the euro. it was wrong on u.s. inflation expectations and more. that underscores the volatility that has beset to global markets. fund boosted its holdings of related debt. that is as a rush for the latest security send treasuries surging to the number one spot. the u.s. is attracting investment with 10 year yields of 1.7%. compare that to 1.2% in japan. global news 24 hours of day powered by 2400 journalists and more than 150 news bureaus around the world. 27 minutes away from the european equity market open. let me give you a quick heads up on what we think stocks will finish. 2% down for most european markets. we have muc

greg: caroline wozniacki, championship tennis player. fascinating and by the way see her in the news sports illustrated and wearing nothing at all. that is rhonda on the cover. let's see, caroline wozniacki inside the magazine wearing again no clothes. it is true. this looks like a bathing suit. rosanna: she's sitting right here. greg: this is not a bathing rosanna: okay, you have made a point. greg: well, it is body paint. no fabric. caroline, welcome back to "good day new york." rosanna: is that strange? well, really, the experience of doing that? >> well, before doing that, i was nervous, but you know, we really got very comfortable quickly. rosanna: when you put the body point on. >> wearing nothing. no. nothing. you feel naked and then looking in the mirror it is looking like a bathing suit. greg: who painted it? >> joann is amazing and she and the assistants and they did amazing jobs. greg: were you like, can't i have a bathing suit? >> no, i knew before. they wanted to do something different. theme and rhonda wearing the back and

at are the issue manus: caroline, you have a special guest. caroline: i do, indeed.ef executive of the biggest network in europe. thank you for joining us today. first of all, you are in 50 countries in europe. how is that affecting your business? are people upgrading less or are you still seeing economic sentiment growing? >> this industry is very exciting. in principle, our industry is growing from a demand perspective. the issue in the past was we had a lot of regulation. there is a public interest going lower and lower but we have a trend now in policymaker mindsets. there more adjusted in getting in high been to services. we look very positive into the future. are market's business is going by more than 10%, year over year. we are in better shape than we were in the party. caroline: you have the infrastructure of money and investment. we are seeing a lot of m&a consolidation within the industry but are regulators happy to see that consolidation? have an infrastructure it's like flying with big airlines over the ocean. the better the utilization of the network, t

caroline, how are things looking this morning? i'm live at ballentine i spoke with yonita simmons with the richland county elections office - and she says 117 people voted in the 2008 republican primary election. she believes those numbers will tripple and more people will show up to the polls today. other than that - she adds they have been extremely busy all week and that was no different for the final day of absentee voting. polling locations are open until 7 pm tonight... we'll be live all throughout the morning with more coverage on this election day live in richland county, i'm caroline patrickis, back to you in the studio. wis is the station for the most complete coverage on today's polling results. we'll also be live throughout today's polling results. we'll also be live throughout the evening at various campaign headquarters for our starts at 7pm tonight. you can get the latest numbers after the polls close right here on wis and online at wistv dot com. also important to mention today -- voters in nevada will head to the

caroline, thank you.n: the oil slump hits home in nigeria as a nation reaches $3.5 billion in loans. details next. ♪ jonathan: hello and welcome back to "on the move." 30 minutes into the session. let's get you up to speed on where stocks are trading. the dax is dead flat, the ftse also dead flat. switch of the board, we'll work through the other asset classes. the story in china, three-year low pmi. .opper is also lower the story in japan is negative from friday and it goes lower again this morning, down by five basis points. euro-dollar, so many stock stories. let's get to two of them with caroline hyde. set off thentander board rolling in a negative way, and the rest of the lenders seem to be doing relatively well. it's really driving the top performer up today, close to the 9%. it is very volatile but we are noting that this company is getting better net interest income, doing better on the profit perspective. that was a beat, all of this being highlighted by the analyst , saying that the capital was

>> caroline: because you're c.e.o. of forrester and you have obligations. >> ridge: no, my obligation should be here with you, with our baby. so please, no more false alarms. >> caroline: no, no. not that that wasn't actually very scary, thinking that i was gonna deliver our baby with its

here is caroline hyde. caroline: the u.s. dollar heading for its worst week since 2009 as traders bet the federal reserve will hold interest rates unchanged this year because of a weaker global economy the the demand for government debt has sent japan 10-year bond yields to a record low. oil has slumped towards its first weekly decline since january 15. president obama is planning to propose a $10 per barrel tax on oil. the money will be earmarked for green energy initiatives. the proposed levy could be phased in over five years but has drawn swift objections from the oil industry. it would also require approval from the republican-controlled congress. china's foreign exchange reserves, already at a three-year low, are poised to post a second consecutive record monthly drop as policymakers intervened to support the glut. the central bank will say on sunday that a currency board fell by $118 billion in january. back to you. guy: thanks very much indeed. , looks like we could have a fairly quiet open in europe. let me show you

here is caroline hyde. caroline: let's start talking about nestle.s company has been treating it sales growth. this is a chart of its stock prices. it has been a volatile 12 months for nestle. you know kitkat, you know it, you eat it. it had 4.2% growth, trailing their target of 5.4%. it did just me analyst's estimates. this is a company with a presence in asia and africa. they are doing well in the u.s., up 5.5%. they are being hurt by weak demand in asia. are overall still saying they are going to be hurt by ever softer prices. it is worth remembering, nestle is your biggest european company by market value. it has got the biggest number rating on the stock 600. this is a company we have to see as important. have a look at air france. it is going to be arriving today. the share price could actually move up from 7.48%. we are expecting air france's numbers. we see the biggest carrier with its first annual operating profit since 2010. the oil price actually has a benefit for these companies. low oil prices might not be around forever and therefore, t

mollie: that was caroline reinwald reporting. she also tells us that the governor says that the state has used the same funding formula since 1971. research shows now more than ever, consumers want to be healthier. foods that are better for you and for the environment. iowa growers say they are keeping up with the trend. united suppliers says sustainability grown products are becoming more and more in demand. the "sustain" platform involves green fertilizer, conservation, and nutrient management. a practice local farmers say they are on board with. matt carstens: products that are healthy as well as grown in the correct manner. bob finch: the ground that we farm, i don't want to ware it -- i don't want to wear it out. i want to take care of it so the next two or three generations can utilize it. mollie: major food company smithfield foods just announced it's collaborating with sustain along with the likes of general mills. the us agriculture department is asking grocers to accept food stamps for more healthy types of food. today

here is caroline hyde. caroline: thank you. chaseer j.p.s fined one point $2 million for failing to tell authorities about concerns he had for the bank's activities in the so-called london whale case. the head of the cio international for jpmorgan failed to inform regulators about concerns about lenders credit for folios -- credit portfolios. shales of tender have fallen to a two-year low. record -- report fourth-quarter earnings. and an american international funds.lans to exit hedge -- insurer has more that is the bloomberg business flash. tom? tom: caroline, thank you so much. we digress from a discussion of european banking and the knock-on effect to your american markets. our guest joins us this morning. erik, you took basic economics at lsc. give us an update. is there demand destruction, and are we being adults buyout -- adults about oversupply? think we have great oversupply in the market, and the single greatest disruptor has been shale. am: where is your target from 29, 30 yeah cap jeff currie was on bloomberg from goldman sachs e

caroline: lily bu? -- will it be you? mr. fields: it could be. level we are shooting for is to come up with a vehicle where the driver does not have to take control in a defined area, but when we come out with one, we want to make sure it is true to our brand, and our brand has been about accessibility -- make sure it is accessible to millions, and not just folks that by luxury vehicles. you,ine: who wins out -- google, apple -- do they become your competition? view is we want to make sure we are a leader in the area. it is interesting to it we are not only a leader in our core business, great cars and trucks, a we are a leader in semi-tommy -- semi at thomas features -- semi autonomous features, things that will adapt your speed on the highway. we are a leader there. we are tripling our engineering investment in semi-autonomous features. at the same time, we're also investing in autonomous vehicles, and as we do that, we will work with a lot of different partners, so our clear goal is to make sure we are a leader in this space, and where it make

here is caroline hyde.set of numbers but is this about alphabets/google or more about apples decline from the heavens. caroline: if you look at the chart, both have been encroaching on each other's space. not a good news story for output -- for outlook. they -- four apple. comparisonis tiny in to apple but the market police it could be a more valuable company. guy: this is an indication that apple has gone ask -- ex innovation. opens -- it's alphabet 550 billion dollars in terms of market valuation. ishares dropped 9.4%. valuablee most companies are tech companies. up 19% in terms of sales profit in the fourth quarter. they are increasing in terms of mobile search and the number of times we are clicking on their ads. the volume is going up by 31%. a tightmanaging to keep fist on discipline in terms of cost cutting. managing to bring that down 30%. -- 13%. you have apple claiming about the billion devices they have on the market. trying to sell itself as a services company. check out the google numbers. andr

anna: bold plan she says, caroline. caroline: inherent value in their assets.agree. we saw the shares falloff. we didn't see quite the optimism that marissa mayer was trying to talk. dramatic changes. really moving to where the activist investors are trying to push her. she says she will consider the sale of the core assets. are there assets maidens business did the video, the social platform. she is also taking drastic steps to try and secure this part of the business. about 1500 people to go to the closing officers, including that in dubai and mexico. $4.5 billion impairment charge really underlines the struggle this does is has had for more than 3.5 years. leading it, she has been making up acquisitions. now she has to write the value by $250that company million, struggling to keep up with facebook and google. drastic changes but overall, the activist investors not only one her to sell the overall heart of the young business, take away from the asian parts. notably they want her head. she is desperately trying to protect her job. anna? anna: caroline hyde wi

anna: let's get to the first word with caroline hyde. caroline: thank you.ge funds that predicted an age of credit meltdown to rival 1997 says more warning signs are emerging. they first expressed concern that a credit crisis was looming, was reiterated this year. they pointed to plunging oil and commodity prices and weakening of the yuan. brent crude has risen ahead of the meeting in tehran later. it comes after saudi arabia and russia agreed to these production. it is described as "the beginning of a process." they will also meet the venezuelan counterpart later. minneapolis fed president has called for greater regulation of u.s. banks. he led the 2008 bailout program for the largest lenders. once significant progress has been made to strengthen the financial system, i believe the act did not go far enough. i believe the biggest banks are still too big to fail and continue to pose an ongoing, large risk to the economy. caroline: david cameron has edged closer to securing a britishover the membership of the eu. thedutch prime minister, holder of the eu rota

over to you, caroline. caroline: nice, guy.by one of the biggest chipmakers in the world. thank you for joining us. >> thank you for having us. caroline: you are in everything -- auto, mobile, connected devices. how worried should we be about the so-called saturation, the so-called slowdown we are seeing in the hiring of the mobile sector? >> i think we have all realized that the high-end smartphones aren't growing at the same rate. the key is the killer applications, the functionality. we think some areas like mobile wallet, which makes our life easier, is an opportunity to continue to seek growth in the smartphone area. we think the opportunity to have that security comes along with the convenience of the mobile wallet. it's really the key that we are focused on trying to provide. caroline: we have facebook and mark zuckerberg, a call to arms yesterday. hey are trying to push forward connectivity, 5g. where are you in the 5g spectrum? i know you have strategic announcements, you are working with many -- >> we are. we are work

caroline: all about lloyd's today.best performer on the stoxx 600, dividend a light coming through on this -- and the lights coming through on this. years,t move in five actually if you strip away that 2.1 billion pound ppi protection, that claim they're having to set aside more money against a mis-sold payment protection we are seeing better-than-expected profits. pretext profit rose. boosting that interest as well up by 5% it will continue to grow. the chief executive is standing up and saying it is warmer when it comes to the u.k. economy. performancet to see returns that could keep on coming said the chief executive. meanwhile, one of the best performers in the stoxx 600, it's to have a better-than-expected set of numbers. to be potentially going bought up by silicon insurance. now, operating profit at 40% for rsa insurance with a record numbers. operating profit climbed to 500 million pounds. overall, a good set of numbers. if you have a bad to the numbers, you will be heard at the moment. --iac once again putting

caroline: talk to me about security elements. simon: i have been talking at the conference about security and iot. cyber security a big theme at the moment. that is a conventional commuting -- computing. got to start have thinking about security and a different way. the good news is now is the time to do it. if we let iot be deployed and try to fix security later, that is going to be a real problem. we are working on the low-level building blocks to allow secure software to be build on top of hardware. designer/you are manufacturer agnostic. apple in the news an awful lot regarding not security but privacy. where do you stand on the ongoing debate. have you come out saying we support apple? n: fundamentally, we believe that uses should own their data. they should have a say and how that data is used. what's interesting about this case is i think it will serve as a landmark for what happens in the future. iot being so new, the potential issues around security and privacy can potentially explode over the next two years. the coming

it is named after caroline with special needs. her mother came up with the idea after struggling to maneuver a wheelchair and traditional grocery cart at the same time. >> i had my 2-year-old son with me. i had caroline in her wheelchair and i remember her so desperately struggling. a 2-year-old and shopping cart and i thought there's a huge gap in the market. and i thought what would help me and i sat down and jotted out on paper and pencil a design of a shopping cart that not only would benefit caroline but many children as well. her favorite feature is caroline's cart can turn to a dime even loaded with groceries. because the cart holds up to 250 pounds it is not just made for children special needs adults and elderly are able to take advantage on that very special cart. >> dan: that's one of the things simple and way past due. >> absolutely. >> you think of all the moms out there just like her struggling. it is a great invention. >> still ahead, local elementary school doing something special for our troops. >> romona: coming

>> caroline: because you're c.e.o. of forrester and you have obligations. >> ridge: no, my obligation should be here with you, with our baby. so please, no more false alarms. >> caroline: no, no. not that that wasn't actually very scary, thinking that i was gonna deliver our baby with its father thousands of miles away from me. but luckily thomas was there to, you know, take me to the hospital, which was very nice. >> ridge: well, i'm here now. >> caroline: mm-hmm. >> ridge: and everything -- everything has to take a backseat. >> caroline: clearly you've forgotten that we're throwing a cocktail party tonight for forrester's most loyal supporters. i mean, that's why we came over here, right? to check on the preparations? >> ridge: uh-huh. among other things.

>> caroline: because you're c.e.o.f forrester and you have obligations. >> ridge: no, my obligation should be here with you, with our baby. so please, no more false alarms. >> caroline: no, no. not that that wasn't actually very scary, thinking that i was gonna deliver our baby with its father thousands of miles away from me. but luckily thomas was there to, you know, take me to the hospital, which was very nice. >> ridge: well, i'm here now. >> caroline: mm-hmm. >> ridge: and everything -- everything has to take a