daimler - daimler's profits rose. up from 2.46 billion euros a year earlier.rings us to the twitter question of the day. mercedes, audi or bmw. if you had a few dollars, which of these would you buy. which do you think i have? mercedes, audi or bmw? @manuscranny. ♪ manus: welcome to "the pulse." live from london. let's get more news. greek prime minister alexis tsipras faced down another party revolt and driven through another austerity package the parliament. we are joined by simon smith. thank you for joining us. they've done all the technical stuff, haven't they? they have met creditors' demands. the road is open to negotiating a deal. how is that going to go? simon: it is one thing putting these through parliament and the other thing delivering on it. that is one thing greece have struggled on. a lot of crisis has been delayed. creditor saying have we made progress on the reforms? that is going to be the issue going forward as we put together the bailout package and get to the situation where debt repair filing could be considered. manus: i had a new democ

daimler releasing a 50% surge in profits. who talk about that after the break. ♪ jonathan: good morning and welcome back. i am jonathan ferro. time to bring another ceo interview. unilever has reported sales growth at two point 9%, beating estimates. caroline hyde has been speaking to paul polman. paul: despite the things we have seen, the growth was very limited. the imf has lowered the global growth forecast, so we have to be mindful. the benefits of companies like unilever is we can sort off -- global risk. we see africa starting to pick up. six out of the 10 fastest-growing countries in the world. we are seeing humans of growth. it looks like there is acceleration there. latin america has always been strong and continues to be a strong region for us. some of their price driven -- despite economic challenges. although china is going up and down depending on which day you open the newspaper, we still see an underlying growth. where we have seen the slowdown is in southeast asia, countries like indonesia, thailand and the ph

anna: daimler the mercedes car sales growing.ut this in context and talk about where these european markets are headed. >> i am looking at the european stock futures here. they are pointing higher, indicating we might be seeing gains. this would come after today's of losses, for the stock 600 which snapped a nine-day rally. the longest rally since april 2014. in terms of what might be driving that sentiment and micro terms, the greek parliament approved those measures that are needed for greece to get its bailout. the athens stock exchange still close at the moment. we heard that it might open today. the dilemma facing greece is putting restrictions on trading? or do they invest as -- or do they exempt investors? the risk is that you can see more capital strike from the country. in the meantime, let me update you on some of the stocks that might move at the open. credit suisse second quarter net income beat estimates, even though profits failed. we might see that move higher. unilever, second-quarter sales growth me -- self -- sa

for years daimler siemens and bosch have been a common sight in the iranian capital of tehran. even an attack on a restaurant in 1992 could not do much harm. the policy has been reborn. business is not the only thing they can talk about. sarah: going on trial in the capital. the 72-year-old refuses to recognize the jurisdiction. the case is unprecedented. intentions are running high. >> as people file in the courtroom, tempers flare inside. they angrily denounce the trial is a farce. raising a clenched fist in defiance before security officers let him back out of the courtroom and moved supporters. the defendants seat inti as proceedings began coming after a 25 year campaign. >> the signal they sent this to a leader. they kill people, kill the innocent, commit other crimes against humanity. they may think they are getting away with it today. >> is around 100 witnesses due to testify, the trial is expected to last three months. africa he said must prove that is able to judge. sarah: john kerry has welcomed a new beginning with relations to cuba. they reopened embassy's in the fi

for years daimler siemens and bosch have been a common sight in the iranian capital of tehran. even an attack on a restaurant in 1992 could not do much harm. the policy has been reborn. business is not the only thing they can talk about. sarah: going on trial in the capital. the 72-year-old refuses to recognize the jurisdiction. the case is unprecedented. intentions are running high. >> as people file in the courtroom, tempers flare inside. they angrily denounce the trial is a farce. raising a clenched fist in defiance before security officers let him back out of the courtroom and moved supporters. the defendants seat inti as proceedings began coming after a 25 year campaign. >> the signal they sent this to a leader. they kill people, kill the innocent, commit other crimes against humanity. they may think they are getting away with it today. >> is around 100 witnesses due to testify, the trial is expected to last three months. africa he said must prove that is able to judge. sarah: john kerry has welcomed a new beginning with relations to cuba. they reopened embassy's in the fi

daimler finally caught up with the competition in china. the mercedes passenger car sales jump 34% in the second quarter. arrival carmaker suffered a slow down. the brand aims to keep double digit profit margins in the coming years with more new models like the next generation of sedans and newly developed suvs. ben: in south africa everywhere eight hours, a rhino is poached according to estimates from wildlife conservation organizations. it is worth billions of dollars every year. several airlines refuse to trans or hunting trophies as their way of supporting the fight against poachers but south african airways is not one of them anymore. >> hunting trophies have free passage again. 12 weeks after it announced an embargo on them. conservationists have accused the airline of succumbing to pressure from the hunting lobby. shooting captive lions is a booming and legal trade in south africa but the country is also hot spot for illegal poaching with rhinos in particular. and the carnage is growing steadily. the number of kills rose to pass 1000

daimler finally caught up with the competition in china. the mercedes passenger car sales jump 34% in the second quarter. arrival carmaker suffered a slow down. the brand aims to keep double digit profit margins in the coming years with more new models like the next generation of sedans and newly developed suvs. ben: in south africa everywhere eight hours, a rhino is poached according to estimates from wildlife conservation organizations. it is worth billions of dollars every year. several airlines refuse to trans or hunting trophies as their way of supporting the fight against poachers but south african airways is not one of them anymore. >> hunting trophies have free passage again. 12 weeks after it announced an embargo on them. conservationists have accused the airline of succumbing to pressure from the hunting lobby. shooting captive lions is a booming and legal trade in south africa but the country is also hot spot for illegal poaching with rhinos in particular. and the carnage is growing steadily. the number of kills rose to pass 1000

in europe we have big ones with the banks starting, we have novartis and daimler, we will see how daimlerly given the slowdown in china. then, you will take august off as you always do. manus: ok. let's leave it there. you have surveillance with tom keene taking up the bat. one response is is blankfein the epitome of a billionaire. ♪ announcer: this is "bloomberg surveillance." tom: the o's else in the room speaks. lagarde says the imf is not meddling. merkel faces growing revolt. greece tries to give the banks -- to keep the banks open till monday. markets react to a commodity implosion. oil, copper -- they all rollover. get out the checkbook. clayton kershaw and the dodgers are the best money can buy. we are live from our world headquarters in new york. it is friday, i say, july and 17. without question, the image of the morning was the financement surgery in a wheelchair. even i can see the bitterness in his voice. brendan: i am reading a headline that is taken from that speech. he says what really bothers me what tortures me is my responsibility to be just. this is his euro. he was pa

daimler would be the buyer. nokia has sought as much as $4 billion for the maps business.eporting second-quarter revenue that fell short of analysts telecast. 32 $.2 billion, two hundred million dollars short of estimates. earnings per share came in three cents better than forecast. the company directing -- expecting revenue growth of at least 3%. apple releases earnings after the bell. investors will have to dig revert to find out how many apple watches were sold. watch sales will be included in the other product category. those are your top stories at this hour. the s&p 500 hit another all-time high closing at 2128. if you look at the past six years, the s&p posted record highs in 53% of those years. what that means for your investment strategy, mike regan joins me to discuss. is my take away here that a market top is not a sales? a record is not a sales signal. that is the problem, you hit a new record high and you think this is the top. most tops are at record highs. in retrospect you think that was the top. what that neglects is all the records you hit on the way to t

analyst for morgan stanley and says that profit margins are approaching or even topping those of rivals daimler which means that it is time to sell shares of ford. meanwhile, breaking news tom brady, the winner of the super bowl new england patriots. the nfl, under commissioner roger goodell has upheld a four game suspension of tom brady for his role in deflation of the old used in the playoff games, the afc championship game in january. his four game suspension is upheld. he will be losing his appeal to reduce that suspension. coming up on the bloomberg market day coming u.s. workers are starting to question of at the cigarette industry shows no signs of slowing down. ♪ scarlet: welcome back to the bloomberg market day. it is a rare update for commodities. let's get a check on how prices have settled in new york trading . we have to begin with oil prices because yesterdays crude entered a bear market but today is stabilized. nothing has fundamentally changed. bank of america talked about the double-dip today. third-quarters forecast to about $50 from $54. the reason, part of the reason you can

daimler would be the buyer. they would reportedly pay no you about $7 billion.he possibility of a greek exit from the euro may be back on the table, but not until next year. almost three quarters of economists surveyed by bloomberg say greece could be forced out of the euro i 2016. almost half say the package negotiated will prove to be too small. nike has given the ceo a $30 million stock grant to get him to stay for five more years. he has been the ceo since 2006. shares of nike are up 46% over the past year. big blue is marking 13 straight quarterly revenue declines. shares are down today by about 5.5% after the company reported second-quarter sales that missed analyst estimates. alex byrne got covers the company. is the job in danger because she was put in place to do the turnaround but no turnaround has taken place. alex: after this result yesterday, analysts and investors are getting impatient, let's say. shares fall with that today, the last time they have been down this much was when she tossed out the five-year roadmap . 13 straight quarters of revenue

look at daimler, first quarter deliverables were up for mercedes-benz.r sales were up 24% in north america. strip out the currency up 7%. they're benefiting from it. jpmorgan has a 13,000 price target on the dacs. it is trading 11,700. good news out of greece is good news for germany. sandra: put this in broader perspective. greek banks opening today. asian markets, china still trying to stem losses there. government still stepping in. globally are we going to see markets settle down here. is concern over greece's demise, is it over? >> it is not over at all. they're actually kicking the can up a hill and it will still come back to them. they're only 2% of gdp we'll have a lot of volatility going out the rest of the year. imf is projecting europe will grow 1.5%. that is comparable to the u.s. >> the how do you play that? do you buy u.s. stocks? >> you go overseas. look at etfs that trade over there. that is where the real growth is. they're trading at lower valuations. germany trading at 14 pe. sandra: kevin kelly, thank you. bad news for celebrities and

>> if you look at the names working in europe, daimler mercedes-benz has done very well u.s. automobile manufactures that are producing the great results. gm is down 20% recently ford's not doing well having a hard time over there. the euro being down you're seeing a lot of german names doing well. charles: what about gm? you brought up general motors. it's starting to gain market share fiat is taking most of the market share we're under pressure a lot of people aren't sure what to make of it. are you a buyer? >> absolutely not. we would be a seller of gm going back to china, right. people talking about alibaba it's going to affect consumer confidence over there. charles: the crash in the stock market. >> the crash in the stock market is going to impact their consumers, but stocks are halted. they can't get money, they were borrowing on margin anyways. gm has significant exposure over in china. this is going to impact them significantly. >> more than 50% of the stocks in china on the exchanges are frozen. you can't sell it you can't trade it. what happens when they reopen and

daimler told us yesterday they are in talks. they are keen to get back.will be a key area to watch. there's not many white spaces on the global map these days. manus: indeed. that could be the opinion of a lot more people. chris reader. up next, we are going to talk tech. microsoft windows 10. you will want to stay with us for that. the barclays conference call is just starting as well. eyes down for any more lines coming from there. that's what the market wants to hear. the expectation is to hold the dividend flat for the rest of this year. this is a bank getting ready for fast and furious transitions. ♪ manus: welcome back. this is "the pulse." here's some more top headlines. greece has moved a step closer to reopening its stock market. the european central bank has approved proposals to end the closure of the athens stock exchange. an official with direct knowledge of the matter says trading may resume by friday with restrictions. las vegas museum dedicated to the mafia says it is opening an exhibit about fifa. the national museum of organized crime an

. >> daimler swerves. a slow down in china with a 54% in operating profit. the german car maker expects a significant rise in sales this year. >> welcome to the show. you're watching worldwide exchange. u.k. june retail sales with an unexpected fall. forecast of 0.4% on the month and up 4.9% on the year but as we just said u.k. retail sales for the month of june coming in lower than expected. sales of negative 0.2% on the month and 4% on the year. so that's the data coming out of the u.k. in terms of retail sales number. yesterday slightly hawkish mpc minutes suggesting that the rate discussion is picking up steam. we're looking at the currency falling after the u.k. retail sales data disappointed to the down side. we should put this move into perspective. over the past couple of weeks sterling has been gaining steam against the u.s. dollar. >> moving on shares trading higher despite the company cutting it's full year outlook. warning about tougher trading conditions in both the u.k. and latin america. let's get more on this story with stefen. >> we had a mi

if you look at the german dax index, trading at 13 pe as well as 3% yield on daimler where auto sales are doing well. same with volkswagen. munich re is owned by buffet. 11.6% he owns of the company. it's got 4.8% dividend. >> sounds like the german market is screaming buy for you. >> absolutely. you need to look. 30% of the gdp. the euro hasn't gone down. why is that? numbers are doing well. swiss national bank is buying euros because they believe in europe and the euro zone. that's why you are seeing a lot of political theater going on. europeans aren't caving. they want real reforms. >> trying to keep their own currency down. >> he gave us the reason why there is no grexit. germans love a euro cheaper than a d market if southern economies weren't in the condition they are. >> i heard people estimate $1.08 if it were just based on germany. thank you, guys. we've got breaking news on uber. >> uber filing a motion opposing class action status for drivers suing the company to be considered employees and not independent contractors. speaking out on the suit at length the company says, a