petro poroshenko of ukraine.rench, whichthis the president of ukraine has gone indicate pitch -- has gone indication that it could come soon. davos francine lacqua in speaking with the president of ukraine. coming up later this afternoon, george soros speaks with francine lacqua as well. right here on bloomberg at 2:30 p.m., eastern time. do not miss that interview. ♪ betty: welcome back to bloomberg markets. it is time for the bloomberg business splash. as a prize in the labor market last week area and claims for unemployment benefits up to a six-month high. they climbed by 10,000 to 293,000. plunging oil prices may lead to more job cuts in the energy sector. cadillac named for a michigan city, will soon roll out of a factory far from the u.s. general motors opened a factory that will build luxury cars in china. the facility will turn out 165 sedans a year. more as theio has markets are slightly rallying right now. things could change but you will get to transport. ramy: looking at airlines first. last i checked

petro poroshenko: one of the most active sanctions, including financial ones, others, but the purpose be the most harmful to the russians, not at all. we just want to create the motivation. please, stop the aggression. please, stop the fire. please, stimulate the settlement of the agreement in the economic, social, humanitarian, and other spheres. we have an obligation what is necessary to do. ryan: i'm on my way to st. petersburg, where the russian president holds his annual forum. it will take place later this week. he effectively encourages business leaders to come there and pitch investment in russia. what would you say to the investors and business leaders that will gather in st. petersburg that are coming from outside? do you think they should stay away from russia? is that your advice to them? petro poroshenko: everybody should undertake the steps, which depending on them, to share the values which they believe. ukraine fighting here not just for the money, for the salaries, they are fighting for values. european values. i am very pleased that the people of the whole world are

that is petro poroshenko of ukraine right here from davos, switzerland.o you have to hear what he has to say about donald trump and certainly what's happening in russia. closing bell ringing in 19 minutes. today's laggards, no surprise the oil names here, integrated oil names, chevron and exxonmobil and, of course, the material names, dupont, cat pillar and apple which is a surprise here. dow jones industrials gang 21 points, the s&p clinging to half a point of gains here. up next, charlie gasparino in the tend in davos, switzerland. he will delve into the bank earnings we got this morning. bank of america and morgan stanley beating the street, both ceos expected to be on the ground in davos. charlie breaks it next from davos, switzerland. you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could

continue the discussion tomorrow with former british prime minister tony blair, ukrainian president petro poroshenkoho is furious at the russians and nasdaq chief operating officer adena friedman and stephen pagliuca. stay tuned. we've got see how this one ends! ♪ there's no one road out there. no one surface... no one speed... no one way of driving on each and every road. but there is one car that can conquer them all. the mercedes-benz c-class. five driving modes let you customize the steering, shift points, and suspension to fit the mood you're in... and the road you're on. the 2016 c-class. lease the c300 for $399 a month at your local mercedes-benz dealer. . liz: coming up on 26 minutes before the closing bell rings, and we're checking these markets. we're going commercial free from now until the top of the hour. down 143 points, the dow was down more than 565 points. to the new york stock exchange floor, bringing in doreen who has decades of experience. i need ask you, i need a pointed reason as to why we now see green on the screen in the bulls are thrilled but what are you seeing that would

we will be talking with ukraine president petro poroshenko who met with vice president joe biden.with the bank of america chairman and ceo ryan moynahan days after the