breaking numbers from easyjet.eah. 108.4iscal year is at pence, easing pain related targets for executives. anna: full-year revenue, 4.6 7 billion pounds against an estimated 4.60 3 billion pounds. let's talk to somebody who knows these numbers better than we do. day,irst interview of the easyjet ceo carolyn mccall. she joins us here. great to see you, as always, on the program. we're poring through the details of this release. you made an announcement weeks ago to the market, so perhaps there aren't going to be too many surprises in here. how confident can you, do you feel, about the numbers penciled in for your performance next year in the wake of all the uncertainty you face? >> we've not given any guidance, really, for the next year. guidance,ven some rps but there are no surprises of these numbers. we have had a very resilient year, a very good year. you think of the external shocks that have affected us, easyjet was particularly exposed because we have such a strong network, which is city to city, and a lot o

exchange rate movements will cost easyjet almost 108 million pounds in the 12 month through september of next year versus 88 million euros this year pretax profit plunged 28%, expected. the brexit vote extending this drop in the town which has --ated easyjet's euro dollar dominated cost which may discourage britons from traveling abroad, with terror attacks in france and turkey aich is hurting demand amid capacity glut which was encouraged by low oil prices. okia shares down 4%, predicted a 2017 profit margin for its main business to trail estimates, the supporting investors that expected cost savings by the finished network manufacturer to kick in earlier, the forecast signal that the cost savings t ctive is seeking with the purchase of out until lucent may not be boosting earnings as quickly as investors have expected which is why shares are down by almost 4% today. the big piece of macro data in the u.k. today was inflation, cpi and ppi. inflation on the fact that unexpectedly slowed in october, cpi driven down by the price of clothing and university tuition fees. the blue line lin

easyjet's profits in the last year were down by more than a quarter, hurt by raising terrorist attacks in europe and adjusting sterling. losses at vodafone fell to almost 5 billion euros. they took a huge write-down over its business in india. revenues of the company are down by 4%. in six months. and using video calling for all users. it will be the mastering opened by facebook catch up with rivals like sick time fiber. it is significant given the -- they have one billion users around the world. finally, the never marched with the end of the year. amazon has announced it will all to its offering rapid customers in the united states, canada, and -- offering wrapping paper to its customers in the united states, canada, and mexico. the e-commerce giant was trying to minimize packaging, and wrapping paper has no most no value. sales were at $35 billion in the last three months of the year. imagine having no value. molly: very true. stephen, thank you very much for that business update. it is time now for our press review. i am joined in the story by that i am joined in the studio by flore

i am starting with easyjet.n's decision to quit eu will continue to weigh on earnings next year as a weaker pound plates -- inflates. moving on to vodafone. it beats analyst estimates. continental european operations performed better than expected. we are still waiting for merck to move. merck reported a 24% jump in third-quarter profit. it also boosted its earnings forecast for the year on lower than expected research costs in its health care operations. guy: thank you. talking about the bond markets. peter shaffer is with us. he kindly agreed to come see us today. peter, we have seen big moves in the last few days. this is the u.s. 10 year. big move to the upside. big oversold. did we get overdone a little bit in the last few days? peter: it is quite possible. -- if yousually see get a move like this, you get some kind of counter move. watchinge things i am is the composition of the yield increase. it is so different from the composition of the yield increases we have seen over the last few years. the break ev

. >> easyjet will overhaul operations.count airline said the exchange rate will cost 200 $25 million in the current fiscal year. ordering a more proficient organization along with savings. >> we will remain headquartered in the u.k.. we can say that with confidence. eu operatingp an company. this means we will be able to operate our roots across europe that isfidence because what we have been working on for months and know that that is something we have do. >> rejecting a 47 billion-dollar takeover from british american tobacco according to people familiar with the matter. create theuld biggest publicly traded tobacco companies. home depot posed a quarter -- earnings that beat estimates. signaling confidence that americans will keep spending on renovation projects. the company raised the profit year.st for the same-store sales were up better next to 5.5%. jaguar working on the first electric car. set for production 2018. based on the sport utility vehicle. increase -- an increasingly crowded field. 10 electric models by 20

anna: we are getting breaking numbers coming through for easyjet. 4.6 billion pounds against an estimated. carolyn: no surprises with these numbers. we have had a very resilient here, a very good year. then there was the devaluation of the pound, and then the dollar against the euro. year,e look for to next there remains a degree of uncertainty for obvious reasons, really, i think, is that consumers are going to get brilliant value. from an airline point if you, that means pricing will remain under pressure. and for all airlines across europe as well. yousef: is it perhaps a good time to set up a new headquarters somewhere on mainland europe? carolyn: no. it is different not a good time to set up a headquarters there. we've all remain in the u.k.. we will set up an eu operating company. haidi: jd.com, better-than-expected third-quarter results, and this is after a plan to spin off the $7 billion services arm. rishaad: what does the u.s. like -- why does the market like it so much? michelle: it really drives up our margins going forward. investors have waited for years, so finally, the com

easyjet had some decent numbers. standard chartered under a little bit of pressure on the back of its numbers. wolters kluwer r-slim 2%. not enough to support the stock. and moller-maersk trying to recognize some of the parts. oil business which is no longer diversified for it as long as the main shipping business of the firm is down 6.9% today. >>> so shares in yum china running on their first dave u.s. trade after the spinoff from its parent company but faces a series of challenges. >> reporter: curry rice bowls and wraps made with peking duck. not the menu of a chinese restaurant but a kfc in china. for decades yum brand, the company behind kfc tailored its menu to chinese. make this market the biggest outside of the u.s. but in recent years yum has struggled to lure in diners. food safety scandals and a surge in anti-u.s. sentiment have depressed yum sales and profits. the issues says this american restauranteu rx fc and pizza hut is a place to be to just another place. >> consumers are look at kfc as a quick mea

easyjet is seeing tough times ahead.ecasting a slump in the pound following the brexit vote. is saidcigarette maker to be looking for a higher price from bridge america. rk: and we look at the growth of alibaba in china and the grip it holds on the country's giant e-commerce market. vonnie: easyjet will overhaul operations because of the brexit vote. the discount airline says it million in the current fiscal year. that is more than twice what it cost last year. the ceo has ordered a more efficient organization and savings. the call also maintained where the company will be headquartered. >> we won't remain headquartered in the u.k. up a new operating company, which means that will be able to operate across europe with confidence because that is what we have been working on for the last nine months. we know that is something we have to do. america hasds rejected a $47 billion takeover from british american tobacco, that is according to people familiar with the matter. the deal would create the world's biggest publicly tra

taylor: easyjet will overhaul operations. the discount out airline will cost $200.5 million.than twice what it was last year. has ordered a review to produce a more sufficient organization. an italian shoemaker has fallen. there was an unexpected drop in third-quarter sales. to use discounts to clear inventory on the run up to question -- christmas. gone.ne: the economy has that is what we found out today. month'soost before next referendum. deutsche bank chief economist told us yesterday it's a deep rooted problem for italy. it won't go away anytime soon. we are joined by the economic advisor to the italian prime minister. thank you so much for joining us. you are very close to the prime minister. there is a lot of angst among international investors that he does not have enough reform. he could have gone a step further. there is concern about youth unemployment. is italy in better shape than or years ago? >> we have started growing again. we are reducing unemployment, which is still too high. we are starting to reduce our debt. this is the result of a massive and comprehens