europe, strong area for peugeot. outcome, for company exposed significantly to diesel cars, these making a 60% of peugeot's european sales, transited opportunity to say that comply with the emissions standards. after we saw dieselgate, the scandal that has embroiled of the jesus -- vw. confidence it sounds from peugeot. manus: absolute confidence. peugeot, as it says, never cheated on emissions. car sales rose. in ongoing vw debacle regarding to achieving emissions. some breaking news. the world's largest advertising agency. third-quarter sales rising in north america and africa. from 2.9 billion pounds a year ago. of, comments here in terms he warned in august, he said clients were reviewing their accounts. had no growth in the last month. the top line from wpp. balancing act. third quarter, up 3.3%. the next sales operating targets as well in terms of margins. 6%. by like for like sales up 3%. in terms of breaking, 2015 headline market margin improvement act of plus 3%. north america up up by 3.7%. europe 4.6%. lat

peugeot, and i've owned peugeots, nothing was greater than my 1980 peugeot 1.9 for all of you 1.6 muppets out there, i should say, 1.9. should have never bought that car, it was too powerful. the problem is it doesn't have a niche. another technical term, peugeot is stuck in middle frididdle. it has okay prices but it doesn't own the growth area. >> i mentioned the banks. you have a question of growth strategy. isn't this the same for peugeot. the first positive income in four years. it wasn't the coverage rate. now the question is it's very, very interesting. >> the sector, i don't know. i'm wondering at 12 times it with the sector trading at nine times on average albeit very big problems in there, does it deserve the premium? >> it's on china. >> china. >> exactly. the risk is a bet on the recovery of the european market that is much stronger than where we are currently. i think that basically you have to be a little bit cautious. i think that what peugeot has been able to do is to put at least a floor under expectations of margin compression and profitability improvement. it's been ver

european demand is picking up for the slowdown in emerging markets as peugeot.rofits are on the rise for dutch lighting and health-care giant philips. at 334fits came in million euros in the third quarter. the company says its operational performance remains strong despite worsening economic conditions in many markets, particularly china. next.y with china the ruling communist party has begun a weeklong meeting this monday. on the agenda, the economic and social development plan for the next five years. the meeting takes place at a worrisome time for the chinese economy. in the firstown 7% month of this year. the five-year plan is set to begin next year and last through 2020. genie: the ceo of one of europe's the us has weighed in on the migrant crisis. delano: it is an interesting opinion piece made over the weekend. he has come -- called on the country to deregulate its layer -- labor market to create more lower paying jobs and says it will help them to integrate better into society. intoid if the entry rate the labor market is too high, integration will fail.

france's economy minister announced further details of potential investigations that onealso spread to peugeot carmakers. volkswagen is the only one that has announced. we are having a fire drill in frankfurt. anna: we should let him get on with that. thank you for joining us. we will find out and maybe update you. the markets, dollar appreciation since 2012 is impacting earnings. a chief investment strategist joins us. >> it is going to put a lot of stress on the u.s. earnings. think ishat we driving me slowdown. not the type of trigger you normally get into with a bear market. that is good news and bad news. and a: does the dollar rally continue? the dollar could go 25% higher over the next three years. >> when you look at the history, u.s. dollar appreciating in five years, that was enough to stress the economy. so far, we have only gone up about 40% to read in the short run, when you look at some of the activity, we can see the u.s. slowing. europe slowing. going into the fourth quarter, you can see the dollar coming off which could give a bit of a lift to the markets short-term. guy: the