the my sex it's as you can see below the psychologically important market fifteen hundred points lukoil is down point six percent it says it's was fifty nine gas stations and the belgium after is in the red as it says it will be for it to be absorbed by twenty fifteen for modernization and sparkling wine make up it was up one percent in its second day to . smooth over two currency markets and the euro is gaining strongly versus the dollar lately this is been a good sign of basically money is not moving out of assets into dollars but since the euro is strengthening up so you're. it is not is not as bad as it was before this all the russian ruble is strengthening against the basket of currencies against both the euro and all that and in commodities we also are seeing a rebound in light sweet crude is up half a dollar was all big boost in the previous session while brant is correcting eighteen cents us our. growth in emerging markets is speeding up despite lower demand for their products in the developed world nations pcs index of business conditions in developing nations rose to more than

but cross now to the business desk that attaches there for us and tasha lukoil has found a way to significantly increase its oil production we understand absolutely and it's doing that by investing siri. money into a project in iraq a bit more. in just a moment but first let's take a look at how the markets are performing at the moment the russian markets are trading in the positive territory they opened less than twenty minutes ago so far so good as you can see there both of my six seventy r.t.s. are gaining around a quarter percent each and mainly of course on in sympathy with the global equity markets speaking of global equity markets asia was trading in the block moves to the morning but has slipped but japan's nikkei has slipped into red so it's trading mixed at the moment japan's actually facing some serious problems that mainly with its power supplies it may have to face a rolling blackout says it plans to close its a laska of remaining nuclear power plant and not solve the asli a big issue for the japanese economy in hong kong the hang seng is managing to sustain its gains over around a

lower than that on a strong political battle that brings on the my sex interesting stories surround lukoil it's up to and a half percent very good for a blueshift and that's on the rumors that basically it's spam vicious program to boost our could be increased dividends without increasing the debt burden may not go ahead at least according to analysts from societe generale the n.p.t. . gas problem is also at the spikes of correction more oil prices and met show has seen a very good session up almost four percent on commodity prices. all right in other stories begin to bash an acquisition going on in the brewing industry north america's most and cause has bought its star bev which is famous for its title crown and brand also of course says the three good half billion dollar deal will provide a route into central and eastern europe it's. right the way the markets look at this hour and he said all right thanks a lot for that update of course we'll be back next hour with much more but i took a short break here on our team and i'll be back with the headlines stay with. tonights commission dates

percent despite the slight pessimism that we're seeing on other global markets moving the my sex lukoil course among blue chips is showing have the gains more than two percent the company may not be going ahead according to sources visionaire island p.c.b. capital with its ambitious plans to boost output and dividends without increasing their gas problems also at more than one percent metro up more than three percent on high commodities. and move over to a currencies where the ruble is seeing as strong against them before around half a percent for the us dollar and a bit less than that versus the euro those despite declining oil prices take a look at that. light sweet brant correcting a slightly have to gain seen the previous session when the manufacturing data came out in the united states and manufacturers of course big consumers of oil products . and in europe the food see is down as is the dax also correcting also very strong against the seen in the previous and. that's the way the markets look at this out right well of course we'll join you next hour for more from the business that

less than that on the strong the ruble one point nine percent now interesting assets on the my sex lukoil gained two hundred percent very good for a blue chip and that's on rumors that it's ambitious program to increase output and boost dividends without increasing debt burden may not actually happened well that's according to analysts from c.b.s. an r. and b. to b. capital banks gazprom but two percent. on high commodities another story here we've got for you it's a big international acquisition a brewing north america's malls and cause there's more to the check start there which is famous for its start a problem and brand and most of course says the three. billion dollar deal will provide it a route into central and eastern european markets. and that's all i've got for you get ok good to see again well the catch was again in an hour's time there just one of us will just have to go to world wealth health check on the way to on this. after i've put your date on the headlines my name is kevin i went back in just. i fed him execution dates him believe me or just pay me one of the execution

banking stocks are doing particularly well with this and to be seen gains bucking the trend though is a lukoil which is well it's a flat but a negative territory still and that's the spike higher oil prices and we see prices have really given a boost that will and gas industry in two thousand and twelve and in fact exists expected to go up further hoylake to oil and gas majors in the u.s. the quarterly results which are expected to release later this week have been set that analysts are saying that there are concerns about the risks all of these prices to lead and economies and they say russia will not a state that either. increases the. budget surplus it pulls one percent of the expenditure undermine words goes into this economy. the problem is that when your other companies are in this united states army. border so. if it's sponsors on the. in the search on becomes a part or should be released for it's. we here. it says that it creates substantial capital flows will so on that it's a good source in stock market. but when it comes to the asian markets what we can see there a mixed picture of

see let's see the ok here are the numbers lukoil is losing just around half a percent the company wants fifty nine gas stations in the netherlands and belgium as part of its plan to expand our broad am off to vaas is almost ten percent in the red the company plans to grow up to two billion dollars by the year two thousand and fifteen to modernize its production plans and a sparkling wine maker abroad do so is doing quite well in the second day of trade actually have an i.p.o. on wednesday and raised one hundred thirty eight million dollars it looks like investors are welcoming the stock now want to cry. the greenback is actually losing value against the euro as you can see there with the russian move both a strange thing against both the greenback and these euro and now on to wall street which is about to win a couple of hours and had a pretty good day on wednesday you seen the closing figures there it managed to snap out of the spine session losing streak mainly supported by alcoa as the alan minium maker reported better than expected results actually everyone expected a loss but it ca

lukoil is up on higher commodities. over on the currency is markets the euro is still down massively versus the dollar the ruble managed to gain against both currencies and in the commodities sector we are seeing a somewhat recovery in light sweet it's up almost half a dollar whereas brant is down twenty cents and so. ukraine reportedly come up with a new idea to diversify its gas supplies away from russia which it claims are too expensive commissar newspaper says it's ready to invest around eight hundred million dollars in the construction of the trance caspian pipeline the eight billion dollar project is backed by turkmenistan and azerbaijan this pipeline would connect in a blue car which is intended to transport central asian gas to europe bypassing russia and that concludes this edition of the business news but i will be back of course in around thirty five minutes time to bring an update and the closing bell figures at the top of the hour and he said all right we will see you then thanks for that update we. on the

that snow across the business desk can join the tension high that's harsh and we understand that lukoil has found a way to well significantly increase its or production absolutely and is doing so by investing quite a bit of money into iraq a bit more about in just a moment but first let's check out the equity markets the russian markets in the second hour of trade are in the mixed territory as you can see the r.t.s. is gaining value while the my sex is trading in the red among the blue chips draws nafta is trading pretty much won after the company on wednesday signed yet another arctic deal this time with italy's annie just last week it find a similar deal with axel mobil to develop russia's offshore project and the projects and. other blue chips we're looking out as a truck maker kamaz and mobile phone operator m.t.'s are both outperforming the market as you can see there and of course. the main driver is the asian markets of the moment and they are actively trading and they are in the block as you can see there is the nikkei has bounced back into black over the past hour after slippin

is trading in dollars now among different stories on the nice legs lukoil up two and a half percent with investors. getting a hint basically from two banks most efficient are going to be capital that the company's ambitious program to go ahead and boost out towards at the same time quadruple dividends may not happen after rule and apparently they're taking this positively and therefore the gains kasparov up one point eight percent despite the correction and why. prices still a very good level of support coming from crude and they're gaining almost four percent on the higher commodity. among other stories big international acquisition and the brewing industry north america's more than cause has bought its rival czech starbury which is famous would start a problem in brands malls and cause the three and a half billion dollar deal will provide a route into central and eastern european markets and that's basically it from the business team for today you can always join us eight twenty of course on what is it wednesday katie will be here. to meet you thanks ever so much as promised as well th

brant is still managing to gain and staying with the oil sector russia's biggest private oil producer lukoil has started production at one of iraq's richest oil fields it's called west corn to the company hopes to boost output to five hundred thousand barrels a day by twenty fourteen that would be a quarter of new cools current daily production the project requires up to thirty billion dollars of investment spent on other things on clearing the area thousands of land mines left there from the time of the war with iran in the eighty's and that's all we have time for in this edition of business i will be back in about fifteen minutes we'll see that care all right natasha thanks for that update but i will be delving deeper into the world of business in just a few minutes as the cause a report unveils scandal. on the financial headlines that's after recap of our main stories stay tuned for. the. wealthy british style. that's not on the side of the. markets why not come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial

forty one percent to net profit growth in the previous year also pretty much in line with the market lukoil was a bit better than the market on commodities will look at them of course a bit like the two over in the united states well it's hovering around the same levels we saw at the close in the previous session that jones right now is lower now is that a bit better than that retail sales came out better than expected in the month of march and this is providing optimism to investors that despite higher gasoline prices people are still spending the economy's still recovering and jobless claims declined by six thousand this week. moving on to europe where yields for spanish and italian bonds been going up this has been putting pressure on the markets and therefore the dow is over the dax is still lower whereas the footsie managed to gain a cent on the currencies markets the euro continues to lose its positions i've been talking about this to you past couple of days at times of uncertainty and correction of course a lot of money is being pumped out of assets into cash and therefore demand is

join katie and our business down carrie you were telling us all about rosner yesterday and today lukoil is holding a long way to tell us more. now what it is karen is they intend to invest billions into a number of key oil fields are going to be chatting about that a bit later on but let's have a look at those european markets and see how they're fairing at this hour and i do by the still makes all the sense is always to be found but it's the dax that's been taking a hit today and that's largely because of they revealed their first quarter profits and it was thirty three percent drop for them that's the biggest bank in germany so that bank that stock is losing more than two percent such with the dragging down the dax today if we look at the euro dollar as well we see how much performing now it's slightly in was pretty flat actually to be fair now bounce off to the european commission they said that april sentiment indicator for the seventeen nation euro area fell to the lowest level since december such very much concern over the ruble on the screen as well that's gaining against the u.s

some two and a half percent we call prices helping energy stocks as you can see there a spill at the lukoil to the poles it is reportedly over two thousand tons of crude privatization could come by the autumn russia's first deputy premier said about an hour ago retailer reported nor most three fold jump in net for the first quarter is falling as that core economic data raises fears crude demand will fall the euro is losing value against the dollar and the ruble in the last hour after a dutch minority member of the cabinet refused to back the contrie spending cuts tokyo slipped into the red of the weak chinese manufacturing data the hang saying is extending losses as well and the producer of the kalashnikov is on its way to concluding bankruptcy proceedings is causing the world's leading maker of small arms the factory has wrecked up some five hundred million dollars of that as of twenty ten it's now finished the first stage of recovery. more the way to cook general more those which went through a very difficult or just rushing through the bankruptcy case and for creation of a new company wh

percent for the year two thousand and eleven and therefore the seeing against in this session and lukoil among other energy companies is gaining on rebounding commodity prices will look at them in just a second verse two currencies where the euro is continuing to the client versus the dollar but that is quite logical given that a lot of selling we've seen in the past couple of sessions means people are moving into cash notably in two dollars and the ruble managed to post some gains although it was noodling against the basket of currencies reverse that trend at the end of the session. commodities are seeing a rebound would light sweet up more than one dollar brant up around half a percent that's still on the back of those retail figures meaning that the economy in the us is still recovering and therefore despite the fact that gasoline prices are already quite high in the us there's still that process of recovery. in the other news ukraine has reportedly come up with a new idea to diversify its gas supplies away from russia which it claims is too expensive right now commissar newspaper say

we're seeing a correction in the stock down the around how percent some of the commodity stocks like lukoil are seeing gains well a slight rebound in resources. to move over now to currencies and the euro is losing massively for yet another session versus the greenback in this time of uncertainty a lot of people are moving out of stocks and into cash therefore a lot of demand for the u.s. currency and therefore the euro russian ruble is continuing to drop against the greenback and gauge i guess that you're. moving on now to europe and the footsie on the tax i'm not seeing as i mentioned any changes after that job claims data coming out in the united states spain's and it's in these bomb yields have gone up well france also had an auction of bonds this morning and saw that borrowing costs went up therefore the passivism about the state of the e.u. economy and therefore the clerks. over in the commodities markets we're seeing some not of a rebound in light sweet up twenty six cents still far from one hundred five dollars per barrel that we saw just two days ago and bren's is declining twenty

difference in exchange rates for the brief window because the obvious is not places and deals now lukoil was an interesting hour set up two and a half percent so that's a as investors speculate it might not go ahead become today with its ambitious plans to boost output and cord ruble dividends without increasing the debt good now gazprom was all set up despite correcting well prices and mitchell saw an impressive four percent gain on higher commodity prices. now there's a big international acquisition in the brewing industry north america's malls and causers bourse its czech star bev rival which is famous for its start up and brand cause say the three and a half billion dollar deal will provide it a route into central and eastern european. that's our goal for getting flamboyant russian back it's what a splendid world he said of a trip to see your cat so we can later i noticed that you know as well we've got the world's finances. the checks the states of america's economy and our half of the company of a washington d.c. studios coming up in a couple of minutes after i've updated you on th