when compare iag to us. when you compare iag to other european airlines, it has m- this?this? yes, it's done very well. doing this? yes, it's done very well- the _ doing this? yes, it's done very well. the margins _ doing this? yes, it's done very well. the margins that - doing this? yes, it's done very well. the margins that they i doing this? yes, it's done very| well. the margins that they are are some of the best achieving are some of the best the world achieving are some of the heat the world for an airline. e haw are'they'd'aing'it? ithink very bae in particular, on the transatlantic. that market is much in demand and it is fairly 25” city_ 7 e c—fiaity, m” tight capacity, so when you look at their numbers, their revenues were very strong in the transatlantic, that is where the beat estimates. when we talk about _ where the beat estimates. when we talk about these _ where the beat estimates. when we talk about these very - we talk about these very transatlantic routes, at leisure or is it is at leisure or is it business, do know? is at leisure or is it business, do

. >> and british airways owner iag launches a ■k71 billion buyback after a better than expected 27% jump>> in. >> operating profit. in. today's top story, president trump has confirmed tariffs against mexico and canada will go into force as planned on march. >> 4th. >> while also hitting china with an unexpected additional 10% levy. well. >> that was. >> enough to really rock markets. we saw a major dramatic sell off stateside yesterday, and that negativity is spilling into europe now. this morning you can see red across the board. the xetra dax down 6/10 of a percent. the cac40 over in france also down by about half a percent. the ftse mid. >> and the ftse 100. >> also trading in the red. >> and this follows a down. >> session yesterday which saw about a half a percent pullback for the main stoxx. >> 600 benchmark. >> and heavy selling in asia overnight. so it's. >> turned into somewhat. >> of a global story. let's take a look at the autos in particular. yesterday we saw very heavy selling in the auto space. and now this morning the selling continues. renault down about 1.4%. you got bm

he didn't specify oil" our the 01.1 language the cu language at the cu i and iage at the cu i and potentially inff f f f thfquhfele infffgfasaf,ff hostages still held in gaza, both alive he didn't both alive and dead. he didn't also specify whether meant the three hostages who originally were scheduled to be released hamas at the of the week said it was start of the week said it was freezing the releases, accusing israel of the israel of violating the ceasefire deal, leaving the —: �*for to step; in. door for mediators to step in. what we have door for mediators to step in. what we saying that analysts saying that although we have had ministers and we have had key ministers and a senior israeli official briefing the media that netanyahu all remaining fremaining hostages remaining hostages coming here back. people here believe there still some room and for mediators to get 3,599,99f” mediators to get and try to keep at involved and try to keep at least the initial stage of the somewhat on track. at ceasefire somewhat on track. at the same time, we are hearing in israeli media that the in the i

iag is down after goldman sachs downgraded its rating on the stock to neutral from buy.the telco space, nokia has named justin hotard as its new ceo, replacing pekka lundmark. hotard is currently at intel and leads the data center and ai unit, and will take up the new position in april. outgoing ceo pekka lundmark spoke to squawk box just a few weeks ago, and was asked about nokia's succession plans. >> we are doing succession planning pretty much for, for continuously for all board roles and management team roles as well. and in that succession planning, we are identifying both internal and external candidates. and we are doing some. >> of that. >> work with external partners as well. i don't know if, if any of that would be behind those. those rumors, but what is important is that all of this is done is done in. >> full cooperation. >> between the board and management. >> tsmc says it expects to see its first quarter revenue closer to the lower end of its guidance, but reiterated its full year guidance. the chip maker also said it is making every effort to recover lost