i'm julia chatterley. >> and i'm ross westgate.ere are the headlines. >> the yellen effect carries through to asia and europe. the new fed chair assures she will continue the fed path. >>> china boosting confidence, trade numbers storm past even the most optimistic forecast. although questions remain over their validity. >>> and ireland claims its banks will pass stress tests this year. >> irish copper tax rate is based on law, it's transferred across the board, and from a reputational point of view, the minister has -- with these stateless entity. >>> and suffering from weakness in its refining business, shares are higher. >> globally, solid balance sheet, better and better results in our competitors. >> you're watching "worldwide exchange," bringing you business new from around the globe. >> just tuning in, thanks for joining us here on "worldwide exchange." let me give you a look at how the markets are faring ahead of the u.s. open later on. and a fourth straight session rally for the u.s. markets yesterday. supported, of course

. >> and i'm julia chatterley. these are your headlines around the world. >> ukraine's acting president calls an emergency meeting. he condemns what he describes is an armed occupation at the airport. >>> luxottica is hit with tax issues in the fourth quarter. >>> there is speculation the central bank will widen the country's trading ban. >>> and janet yellen says she needs a firmer handle on the data before she can blame the weather for recent weakness. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> warm welcome to the show. plenty of moving towards surrounding ukraine. >> absolutely. we just heard in the last few minutes the ukrainian prime minister separating out the political noise we're hearing for the economy. he said they're taking clear steps to provide the ukraine with international financial aid are being taken right now. they accept the ukraine is independent. they hope to boost reserves and stabilize the situation there. they talk about the imf h

. >> julia chatterley is standing by in rome. we're still got peter with us from brussels. we know about mr. renzi's four-point plan for italy. we know how the eurozone, how the eu stands on rome and on italy. but what about mr. renzi? what's his stance versus the eu? it's quite interesting, carolyn. he has actually said in the past that he doesn't believe italy is sticking to the 3% deficit is the right way to go. he believes there should be some flexibility there to introduce and allow the structural reforms. so it makes his choice of an economic minister crucial for whoever has to come to brussels on a monthly basis and negotiate and talk to those people there. but what we're focusing here, on, over the next few days is the critical elements of pulling a coalition government together here and deciding just who is representing what in the cabinet. and then we'll get a great sense of leverage we've had, what concessions he's had to make to the individual parties. we know the new center right has suggested that without them, this coalition government isn't going to go ahead

. >> and i'm julia chatterley. these are your headlines from around the world. >> european equities edge into the green in early trade. in the u.s., investors -- back. >>> and the sell-off comes to a hold. the market closes the session higher after strong earnings. >>> and swatch says growth is ticking along nicely. posting a jump in full year profit. the ceo said he's seeing strong sales in china. >>> and the tropical island of puerto rico cuts the debt to junk status and warnings of more downgrades. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> and a warm welcome to today. you're wearing green, very appropriate. >> exactly. >> the final pmis out of the eurozone, january final services bmi, 51.6. it was the flash, 51.9. so it has come down slightly. new business pmi, 51.8, the flash is 50.1, and the final composite, 52.9. a little weaker than the flash of -- i was trying to pull up the french number, as well. >> the composite employment pmi in line, as we

. >> and i'm julia chatterley. these are your headlines from around the world. >> will we be blaming the weather again? investors going up for the latest jobs report in the u.s. saying it won't give a clear reading of economic health. >>> hearing a turn around, arcelormittal says growth will finally occur this year. after two years of decline, shares jumped higher. >>> the euro dropped after germany's constitutional court ruled on the legality of the ecb's unlimited bond-buying program. >>> and the olympic flame arrived in sochi ahead of tonight's ceremony. many leaders will not be turning up at the 2014 olympics. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> the olympics get -- it's amazing to think the olympics are under way. it seems to far in the future. >> yeah. >> and yanick node is with us. come in, come in. what did you say? >> i'm going there next week. >> are you? >> yes. >> fantastic. are you competing? >> no, no, i'm not competing. >> we'll talk

. >> and i'm julia chatterley. these are your headlines from around the world. >> profit doesn't stop the bank from pumping more catch in its bonus pool. it's paying out nearly 2.5 million in bonuses. >>> india's country trade has recommended relaxing curbs on exports. >>> janet yellen is expected to comment on the recent weak's job data. she makes her first appearance since she got her new post. >>> and the french president is set to talk trade and iran with barack obama as the two get down to business. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> a warm welcome. miss yellen is on the agenda. >> in the spotlight. >> it's not officially called that, any more. >> not the old hump. other things on the show -- >> cat walk cash. >> that would be you? >> that would be me. we find out what the top trends are in new york fashion week. >> glencore ex strat what has posted higher output. we got chinese copper prices down in two-month lows. we'll have a discussion

. >> and i'm julia chatterley. these are your headlines from around the world. >> the sell-off intensifies european markets following asia lower. the nikkei off 4% pb back at its lowest level since october. >>> ubs shares outperformed, springing back to profits in the fourth quarter thanks to a larger tax benefits warned from current to market turmoil. >> the volatility out there is quite huge, a lot of unresolved matters. you see what's going on in the last few days or in emerging markets and overall. i just think that making prediction about stabilization of this environment is quite hard. >>> the latest -- to stop from refining weakness. the firm upping the amount of cash it's putting aside, as well, to deal with the gulf of mexico spill. >>> and toyota shares fall lower in japan despite the carmaker raising its forecast. the firm now expects a record profit this year. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> warm wake to today's program. we kick o

i'm julia chatterley. >> and i'm ross westgate.es today from around the globe. >> sony warps investors it will post a billion dollar loss for the year. it will cut 5,000 jobs. >>> markets are trading higher in europe following asia into the green as policymakers prepare to unveil their latest rate decisions. will the ecb make a move to battle deflation? >> shares of twitter tumble after a rattle in the key numbers by the company's earnings report. user growth is slowing. >>> daimler is expecting a drop in quarterly profits. we'll catch up with the chairman first on cnbc in 30 minutes. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> if you're just tuning in, thanks for joining us here on "worldwide exchange." let me give you a look at how these market res faring ahead of the u.s. open. stocks yesterday failing to post back to back gains. they did finish on the session highs yesterday. it looks like we'll continue to see that momentum continuing in the session today. we've got

. >> i'm julia chatterley. >> u.s. releases a scathing report from credit suisse. >>> positive earnings reports out of europe, a hike in production off of strong profits and inbev hosts a recovery in mexico. >>> mt. gox receives a subpoena from new york and japan announces they're also investigating the matter. >>> the bull's eye on target as the retailer has its earnings report since it suffered a security breach during the massive holiday season. >>> u.s. senate panel investigating tax evasion has accused credit suisse of using cloak and dagger tactics that belong in a spy novel. it alleges c.s. bankers made 150 trips to the u.s. between 2002 and 2000208 orchestrate a large scale tax evasion scheme. some of the things credit suisse is accused of operating remote controlled lifts, and bankers accused of filing false visa applications pretending they were tourists and advising clients how to dodge u.s. tax laws. the senate hearing kicks off late today, shares trading at the bottom, just down just over 3% in trading tod

i'm julia chatterley. >> and i'm ross westgate. >> ukraine delays forming a new government until thursdayt the conditions of an imf/eu bailout. it could include demands for devaluation. >>> blackberry will not back down. the ceo speaks exclusively to cnbc saying he's investing in the business, but would be open to selling the messengering service. >> i work for the shareholders. standard answer, right? it depends on how much. if somebody comes to me with $19 billion, i would definitely sell it. i would recommend to the board to take it. but it all depends on what it is. >>> bitcoin suffers another setback in its quest to gain accept wrans. the site for the mt. gox exchange goes down. major worries bankruptcy could soon follow. >>> and italy's new prime minister wins his first confidence vote, but only just by eight seats. he's promised swift action to reform the economy with tax cuts and institutional change. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> if you're just tuning in, thanks for joining us here on "worldwide exchange."

julia chatterley is going to be back on the show tomorrow. on today's show, though, beermaker's carlsberg is the latest to boost its dividend after strong sales in the fourth quarter. we ask the if the fizz will continue this year. he joins us live for a first on cnbc interview in about 30 minutes' time. >>> we take a look at how much money the free app producers actually makes. >>> president obama heads south to mexico for the three amigos meeting with his canadian and mexican counterparts. trade talks set to top the agenda there. we get a preview later on. >>> and your cup of morning joe may be getting more expensive. coffee prices state a historic gain as traders worry about supply problems in brazil. we get the buzz on that. >>> meanwhile, we're watching the scenes unfolding in ukraine. you're looking at a live shot in kiev. we will keep you updated on the latest. the death toll has been ridesing by the hour. once again, we'll get the latest from moscow with our very own jim maceda. >>> meanwhile, foreign banks have until 2016 to meet req

. >> and i'm julia chatterley. >> comcast and time warner set to reveal a $44 billion takeover that could rackel the regulators a bit. >>> a mixed picture for banks, shares in lloyd's and bp paribas both drop. and investors don't like the taste of nestle. the food group warning it could miss targets again this year we'll be speaking to the ceo in just over an hour. >>> and italy's prime minister fights for his political future. a challenge from within his own party destabilizing the country's coalition government. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> and warm welcome to the show. we'll be out with jules in rome in just a few seconds. first of all, let's get the latest on the ia's incident every national report, the international energy agency. there's bitterly cold weather pushed up demand for heating fuels. total oecd industry stocks plummeted by a further 66 million barrel necessary december. global supplies are falling to 92.1 million barrels a day on lower nonopec output in january. supply from opec rose marginally in

. >> i'm julia chatterley. these are your headlines from around the world. >>> south african president jacob zuma says the sell-off of the rand is not due to domestic issues. >> many currencies are having problems. it's difficult to say, we cannot move this direction or that one. you know for a fact that to defend that, you have the economic measures down because of the dollar. >> rbs shares drop, the lender posts a $13.5 billion loss. the chief executive expected to lay out his turnaround plan for the business. >>> and wpp weak margins. the ceo says he should have done more in emerging markets. >> they are our most profitable markets now. i think over the coming years we'll be more aggressive and if there's one thing i regret about the last ten years, it's that we didn't go faster. >> and a split picture for two of the world's biggest asset managers, pimco owner allianz suffers. >>> okay, welcome to the thursday edition of "worldwide exchange," plenty to get through today. i'm looking at the russian military e

julia chatterley is standing by in london. good morning. >> good morning, becky. 9 to 1 here, green to red. a bit of cautious optimism ahead of yellen's testimony in a few hours time. we're just coming off the highs here of the stocks. the outperformer here, the german markets up around 1.3%. portugal, managing to raise yet more continue-year paper this morning. a positive sign for the periphery of europe. it really is the cyclicals that are outperforming. the autos, chemicals and the likes. featuring higher by 0.6%. and the real focus this morning, as with yesterday, barclay's bank finally giving us the full breakdown of their 2013 earnings. down just shy of 5% here. profit is declining 37% last year. it's the signal that we've had from the u.s. and other european banks of the likes. they're doing further measures to support the capital position, including up to 12,000 job cuts this year. a bit of bad news in the fixed income division, not stopping them from raising their bonus pool by 10% this year. investors not impressed h