simone rossi, the italian, former chief financial officer and now chief executive of edf energy.while ago. originally they wanted the place up and running by 2017. the previous boss had said we would be cooking 2017turkeys from it. i asked would be cooking 2017turkeys from it. iasked him would be cooking 2017turkeys from it. i asked him when we would be working. 2025. i realise that's later than intended. we have used this time to be ready and get off to a great start. all this is now on plan. everything is going according to plans. there are 3000 people here. you can't see everyone of them because the site is huge. that's the target, december of 2025. very bullish and happy to nail his colours to the mast, by 2025 they say hinkley point will generate 7% of the uk's total electricity. an awful lot of the work here is being done by british and somerset contractors, partly down to this man, chris langdon, from the somerset chamber of commerce, pulling together small and medium companies. how big is this for somerset? we are promoting the south—west supply chain for this project. th

edf shares have been given energy from a nuclear deal edf is the owner after areva and they are set to sign a memorandum of understanding with china worth $10 billion. here in london we'll go over to joumanna shortly at the goldman sachs conference i want to give you news from the u.s. and the fed president of atlanta. he says the central bank may only need to do two rate hikes next year, possibly fewer. rafael bostic is concerned about weak price pressure, but goldman sachs is betting on four hikes this year and calling a short of ten-year treasuries as the top trade for 2018 joumanna joins us from the goldman sachs conference in london interesting sentiment there from them on the chances of a fourth rate hike. >> absolutely. as we heard earlier, they're sticking to their view of four rate hikes next year and are more affirmed by the recent price 5:sen prices with me now i have francesco garzarelli we will get into what trades are best going into next year. one of your top trades for 2018 is shorting the ten-year treasury why will that work this year >> it's interesting you ask. at th

the first floor flooded aft edf the snow and wind weren't enough. others nearby also experienced historic flooding. >> it was pounding. >> reporter: nearly 500 national guard members were called in for flood merges in several states. most are still digging out from the snow. plymouth, connecticut, got caught off guard by almost a foot and a half. the accumulation in maryland was so bad in parted even these two snow plows got stuck and in new york city, the iconic lights and signs were barely visible at the height of the storm. this tractor trailer was left blocking an intersection. as extreme cold is expected to freeze anything that hasn't been shoveled away. officials all day on the coast are asking people to stay off the roads. police officers in particularly warm weather states like here in south carolina are particularly worried about drivers who have never had to deal with icy conditions. >> unless you're driving a zambo zamboni, you're not going to be able to control the vehicle, especially at higher speeds. >> reporter: many states will be in

edf signing energy services deals, and another company signing an agreement to do nuclear waste recyclingppointment was around airbus. there had been hype that they may secure a number of new orders from china. that has not yet happened. they said they will step up thection of the a320 at engine production line, but we may get more detail out of that. so far, and you to disappointment around airbus. we did not get the big deals we saw around trump, coming away with $250 billion deals, some smoke and mirror around those deals, memorandums of understanding. emmanuel macron said he is coming back to china and is in it for the long-term rather than the headline numbers. he manage to move the dial on the trade relationship, make it a more reciprocal one as he set how to do? >> the reciprocal relationship is very much what he was pushing here, or a rebalancing. france is concerned with the trade deficit they have with china. he wants to open the market to french businesses, but wants chinese investment in france, but with a significant caveat, when it comes to high-tech, there is more protectio