from russia to remy. >> remy cointreau on the hunt for a new ceo.ed down after just three months. caroline hyde is here. was the market surprised? stock is trading a little weaker. bit surprised, maybe distracted, that is what analysts at bernstein are saying. this could cloud views of shares further. there will be internal wrangling for him to get on board. just three months into the job, he was cfo and coo before at remy cointreau. three months in he is stepping down for personal reading -- personal reasons. he still has some response abilities, but the chairman is taking over as they hunt down any leader. the chairman himself used to be ceo, he knows the business. a distraction and a surprise after three months -- october the first he started. >> this stock could not perform well last year, it has been a tough time for the cognac maker. analysts try to speculate. maybe there is a relationship to the poor performance of the stock. dependence of remy cointreau upon china, stock is down 22% since frederic pflanz took over. that has been due to a slo

caroline hyde with the latest on remi cointreau.houghts with our markets team coming up next. before we go, we will leave you with a live shot from new york. heavy snow, strong winds, very cold windchill, all expected or being seen already in the northeast of the united states. if you have travel plans in the region, we will keep you up-to- date on everything you need to know on that. final thoughts when we come back. ♪ >> welcome back to "on the move ." they specialize in 3-d software and are moving from businesses to consumers with a new product to help design your home. >> i am vp for dassault systems. we are presenting a new online service. you have the possibility to that you canouse customize to fit what you already have or brand-new furniture. you can play around with colors, dimensions, floors. right now you have an avatar that helps you to get a sense of space in the room. addwill be able to additional avatars in the future. then you can really give life to your project. solutions that exist where you can find inspiration o

sab miller, randy cointreau -- remy cointreau. bang, we are back on form. of their core business, fashion and leather. asia doing quite nicely. the transition to non-stamped lvmh bags has begun. it is playing through. bt signed over 2.5 million sports customers, trying for the sky. say things will be grand in the united states of america. europe will grow. but they missed their numbers because europe is low. trough it is down by 23%. that is the state of play as we go into friday. this is the dollar index. it has been the best january since 2010. westpac has a group of surprise index is a look at. -- indexes they look at. growth, earnings, and profit. will that trunk taper and the fiscal debate in the united states of america? right now, the market says yes. lex manus cranny with the latest on the markets. our next guest favors developed market equities in the u.s. and japan. for more, let's welcome the head of the london investment office at julian's. i want to get your take on the emerging markets. we had an interview with the indian central bank governor

world and they do not want the european union to become a political power which will necessarily cointreau all the behavior of the capital and we will blige the capital to all be to social justice mechanisms and values so that is why. the capitalists trying to oppose by your means the consolidation of the. european union it is doing that through. remember us media to keep our word which is indeed. attacking and denying any credibility to the european union process and it is doing that also. the creation of the financing of political parties is two months which indeed are putting into question the. european union are such the european union is the big big danger for the capital power which has been enormously growing in europe in the world. they know very well that it is not. a european union that consolidates that is asking but this capital have anything to do with their staring measures that are being implemented over and over again in the european union countries because overwhelming majority of economists are saying that these measures aren't working. not with this but the but these mea

remy is no relief for cointreau. china loses its taste for cognac. his musice launches streaming service today. will he find the same success as he found with his headphones? good morning, everybody. welcome to "the pulse." we are live at bloomberg's european headquarters in london. francine lacqua is setting up in the swiss alps in preparation for the jobless delusion -- the davos deluge that will be happening. got for you? we these guys are not exactly driving ferraris. this is a vehicle that maxes out at 12 miles per hour, but it is the most expensive ride you will find in davos. we will get on board with hans nichols. and we will consider the emerging markets, a big theme to run through today. why couture is still high- fashion. inside the houses that make this business work. to shampooigh-end and soaps. unilever is a company that says it has found its winning ways once again. let's take a look at what exactly the company has said today. very enthusiastic when he talked to caroline hyde a little bit earlier. the emerging markets are back. that is

remy is no relief for cointreau. china loses its taste for cognac. his musice launches streaming service today. will he find the same success as he found with his headphones? good

remy cointreau is down 2.28%. the ceo has resigned. the group said he was stepping down for personal reasons. and fiat chrysler, the stock after yesterday's jump is down 1% today. it's looking to list in new york, it comes after the italian carmaker gained full control of chrysler yesterday or announced it would be doing so. let's recap what happened with the u.s. equity markets. the worst day in two months for the dow. down 0.8%. the s&p 500, the nasdaq having their worst day in three weeks. volumes were fairly light, off 0.8% and 0.9% respectively. asian equity markets in response to that have been all down today. shanghai composite down 1.2 appears. hang seng off 2.25%. s&p/asx 200 off 0.3 % and the kospi is off 1%, as well. ten-year treasury yields, 2.97%. look at this spread, below 200 basis points for the first time since december 2007. and on the on currency market, a little bit of short covering from the levels that we've seen. so euro/dollar, back down to 1.3636. and sterling here just down at 1.5442. got a lot of data coming

yesterday, remy cointreau reported disappointing results. caused by the fact that china is clamping down on extravagant consumption, good luck, including no more alcohol at events hosted by government officials or army officers. this was certainly bad news for remy, but brown-forman barely does business in china and diageo gets 3% from people's republic. china may be a negative for diageo. a lot of people expected more growth and future from china, but really only a small one. probably does get mentioned in the conference call. the truth is, i like both companies here. which stock is a better buy, since i do like both? is it diageo which you might know as my friend johnny walker, j & b, captain of my team, captain morgan and a beer business that includes guinness where i have a pouring degree from when i visited dublin. brown and forman behind finlandia and corbel champagne among others. right here i think brown-forman is the superior stock. don't get me wrong, diageo has a fabulous long-term track record. but they have a problem. this compa

just cointreau, patron, lime juice and superfine salt. yes, ma'am.en, whitewood, what's the deal with the uniforms? what about them? what's-her-name said i gotta have uniforms. hey, buddy, give me a beer and a c&c. buttermaker, you don't actually buy them. you just need a sponsor. you're the coach. it's your job. okay, so not only do i have to coach the bronze medalists for the special olympics, but i gotta be an amway salesman too, is that it? buttermaker, don't turn this into high drama. do what other coaches do: restaurants, sporting goods stores, you know. you know, i got a job. i got houses to spray. it's ant season, you know? what is it about being a man that makes everything so hard? i own my own law firm. i'm a single mother, and i still have time for extension courses, pilates, the flower-seed business, pottery-- you know what? i'm busy too. okay? i got important crap to do. i got stuff stacked up all over the place. okay? come on, buttermaker, let's go. d hold the phone ♪ ♪ [ continues ] uh, mr. buttermaker? yeah. where are we going? i alre