and then from diageo's oint of drink better. and then from diageo's point of view. _ drink better., they _ drink better. and then from diageo's point of view, they are _ drink better. and then from diageo's point of view, they are operating - drink better. and then from diageo's point of view, they are operating in l point of view, they are operating in so many different markets, they are seeing the benefits of doing so. a big dividend and share buy—back programme. explain what's going on. the dividend is broadly in line with what they have been running with with the last 25 years so. gives you good visibility on the cash return there. from that standpoint, there is $1 billion, they talk about the physical 2a, is $1 billion, they talk about the physical24, is is $1 billion, they talk about the physical 2a, is slightly less than the last three years. that reflects on some uncertainty in terms of the global macro picture, they are still getting good results on share dividends and buy—backs. and getting good results on share dividends and buy-backs. and if you look at their— dividends

. >>> investors in high spirits as diageo posts a beat in full sales and operating profit the ceo saysouble digit net sales in beguinness is a driver for the group. >> people love guinness right now. >>> and daimler helps offset pressure with the bullish guidance for the trucking sector we will hear from the ceo martin daum this hour >>> we certainly have been following the busiest weeks for earnings across europe bmw released their numbers for the full year outlook. updating the full year outlook the margin is at 12.6% for the first half of 2023 also saying that it is 11.3% when one just takes a look at the three months of the second quarter for 2023 so far. supply chains set to be a head d wind in the second half of the year the autos delivers of 10.6% in the first half against the 9.2% which is seen in the third quarter alone of 2023. now, it always said that the group performance from bmw yielded a group, but the segment delivering to customers expected to see solid growth of a prior year level slight growth is what was previously anticipated now they expect solid growth the compan

but she only declared it last month, along with similar holdings in drinks giant diageo and finance firm twitter. i'm @noornanji. that's world business report. we'll see you next time. more on the build—up to the new premier league season to come and the latest on harry kane.— premier league season to come and the latest on harry kane. sweden are throu~h to the latest on harry kane. sweden are through to the _ the latest on harry kane. sweden are through to the semifinals _ the latest on harry kane. sweden are through to the semifinals of- the latest on harry kane. sweden are through to the semifinals of the i through to the semifinals of the world cup. japan missed a penalty but pulled one back in the closing stages but it wasn't an and sweden held on to win 2—1 win 2-1 111th win 2—1111th minutes goal, and the semifinal against widnes on tuesday. england take on colombia in the quarterfinal tie, south americans proving the surprise package, could take a better and knockout champions? i

trading up: a consumer shift to pricier brands boosts profits for the drinks giant diageo.artphones and medical supplies. welcome to world business report. more on those stories for you and just a second. 0il giant bp has just reported second quarter profits of $2.6 billion dollars. despite the big number, it's lower than analysts expectations and 70% down when compared to the year before. still bp shareholders should be pleased — the energy giant decided to boost its dividend by 10% and increase it's share buy—back programme by $1.5 billion. speaking now to mike fulwood who's a senior research fellow at the oxford institute for energy studies. good to have you with us. a big number there. what is behind the sets of figures? it is your assessment of what they mean. thank ou. as he assessment of what they mean. thank you- as he said. _ assessment of what they mean. thank you. as he said, it _ assessment of what they mean. thank you. as he said, it is _ assessment of what they mean. thank you. as he said, it is now— assessment of what they mean. thank you. as he said, it is n

two stock picks from consumer names people want to buyout right equities you have mcdonald's and diageo out in full force on this monday. dow and nasdaq looking not just second gains in a row, yes, the s&p will have the first back-to-back gains this entire month. we'll see you tomorrow. ♪. >> welcome to a special edition of "kudlow," i'm brian brenberg in for larry kudlow. republicans on capitol hill are demanding answers from the irs after th

. >> you're suggesting united health care, mcdonald's, diageo, lockheed martin as some of the choicesight now. do you think the volatility we've seen in august continues into september? >> i think you do. i think, obviously, with the inflation numbers being a little hotter, and that was a july number we saw today, i think in august, that i a little hotter. the fed moves again in august, i think, in september. august historically is a pretty volatile month to begin with. a lot of people on wall street are working, so the volumes are down. part of it is taking some money, slight profits allocating to ot that haven't had stock moves as much as the big tech names. >> what do i do with the big tech names, trim there? >> yeah. for example, a name like nvidia, up over 200 some odd percent, we love nvidia long term and have had it long term. when it goes from 4% of a portfolio to 9% in eight months, probably makes sense to take a little off the table. we still think it's, obviously, the best place to be for a.i., but a.i. is not going to be a straight line up. i think you've got opportunities

according to planet fitness and diageo at which point i say wait a second, hold it. these data points, which is what i live with every single day, every minute of my life, these data points, they're driving me crazy. and that's actually somewhat easy to do but they are the market's reacting to every twist and turn of the consumer right now and it seems to have the memory of a mayfly the market started weak, turned positive, sold off again, dow dipping 67 points, s&p backsliding .25% nasdaq declined .1%. but a lot of this flopping and chopping is precisely because people can't figure out if the consumer is retrenching or out of gas, maybe already beyond her means. none of that's good and it's got people wondering if this market has moved up too far, too fast now, look, i think it is time to admit something. this is hard for strat jifts to admit, analysts to admit but perhaps we just can't game the consumer right now maybe it's just too difficult. maybe it's not fruitful. i know my views -- sometimes you've got to know when you don't know i get it there's endless won t