this is pr for philip morris to sell products they struggle to advertise in other ways.l tobacco company with the majority of their business concerning combo stubble cigarettes. 7 million people will die from tobacco related illnesses globally this year. 80% of smokers are on low and middle income countries. those are countries where philip morris are continuing to promote their combustible products, and have lobbied against tobacco control regulations, and taking countries to court. if they encourage even some of those people you are talking about, some of those smokers, and at the very least switch to less harmful alternatives, you must welcome that, mustn't you? a one off pr campaign does not make up a one off pr campaign does not make upfor a one off pr campaign does not make up for the decades and decades of promotion that philip morris, makers of marlborough, one of the most recognisable brands in the world, you know, responsible for the uptake of smoking among children around the world, you know, you cannot weigh up this £2 million campaign where they wa nt to thi

vaping is an issue here, but i think today's announcement from philip morris isn't necessarily a badl journal reviewed some of philip morris's and data, and i will quote from the report, philip morris's own data failed to show consistently lower risks of harm to humans using its heated tobacco product they are trying to promote. thank you very much forjoining us. the budget airline ryanair has been criticised for failing to remove a man from one of their flights after he made allegedly racist remarks to an elderly black woman. the man wasn't removed from the flight as it prepared to leave barcelona to return to stansted airport in london. instead, he was allowed to stay in his seat while the woman was moved. the video was shared on social media and went viral, provoking outrage. ryanair says it has reported what happened to the police. chichi izundu reports. i will tell you this, if you don't go to another seat, i will push you to another seat. this video has now been viewed more than 4.5 million times on facebook and more than 3 million on twitter. it shows an argument between two p

we were going to do one on philip morris, the cigarette company.upporting a campaign to stop people smoking but of course they are known for cigarettes. we have had a bit of this this week because ads from car—makers were criticised, nissan was under fire for encouraging dangerous driving by their racy adverts. yes, a full page wraparound advert in the daily mirror brought this to something they had. the anti—smoking campaigners are saying you're not allowed to advertise tobacco in the uk and your kind of doing this through the back door. philip morris is saying, we are all aiming towards a society where nobody smokes but at the moment, 87% of their revenues come from cigarettes. they have been spending a great deal of money on alternative products. you can see, in terms of the campaigners, where they are coming from, that this could be some sort of indirect form of advertising. it is this idea of companies backing the side that is the most loaded criticisms towards them. the other day, people saying date the biggest weapon to society. you're absol

i think philip morris is the one i would stick w.rnational growth, the icoast piece of it. you get a 5% dividend yield. it's verycurrency sensitive. so watch the dollar. but i do for the long term prefer philip morris international. >> okay. now, doc, this one is for you, splunk where do you see it going in the future? i got in at $111, says kyle. >> kyle i like it, it's made almost a $4 pop today. they announced that $1.7 billion september, that's what hammered the stock. i like it going forward. >> all right let's do some final trades stephanie link >> oh. great. intel. i just added to it last week i will be continuing to add on the weakness >> let me see your smile you made jim palmer's day. >> there is a right price for everything >> give me quick >> qualcomm. >> seas, seas. >> thank you so much for watching "power lunch" starts now. >> i'm melissa lee rally on stocks rallying on strong earnings, wall street tries to put last week's sell-off in the rear view mirror plus, o canada, our neighbors to the north of us, set to legalize

one of the world's biggest tobacco firms, philip morris, has been accused of staggering hypocrisy overurges smokers to quit. the tobacco giant says it is an important next step in its aim to ultimately stop selling cigarettes. but the charity cancer research said the firm was simply trying to promote its smoking alternatives, such as heated tobacco. fiat chrysler is expected to announce a $7 billion deal to sell its high—tech car parts unit, magneti marelli, later on monday. several uncoonfirmed reports suggest that japan's calsonic ka nsei will take control, in a deal that will make it a world leader for parts, including electronics and lighting. a sale would be the frst big change made by fiat‘s new chief executive, mike manley. and now, what is trending in the business news this morning? the financial times is reporting on the fallout from the murder of saudi journalist jamal khashoggi. it says riyadh is trying to salvage this week's big investment conference, despite many foreign business leaders pulling out. here in the uk, the head of the biggest commercial tv channel, itv, has t

one of the world's biggest tobacco firms, philip morris, has been accused of "staggering hypocrisy" oversimply trying to promote its smoking alternatives, such as heated tobacco. sarahjakes is the chair of new nicotine alliance. what we are seeing is smoke accepting these alternatives and taking up the opportunity to reduce the harm by doing a live they don't give out nicotine, so philip morris, being one of the biggest purveyors of nicotine albeit in a combustible form, they want in on that —— —— they want in on that, clearly. we have much more coming up in a moment here on outside source. thanks to your company so far. it's that time in the evening where we ta ke it's that time in the evening where we take a look at the weather elsewhere around the world. we have an extremely dangerous hurricane bearing down on mexico. another storm just to the south and east. it started monday, it is a top end hurricane, very close to a category five and it might intensify further but it will really pack a punch either way. destructive winds and life—threatening storm surges and combine that with the

wanted to say something but we have reached the end of this program so thank you to all our guests philip morris and beg of each durant of love each and that man who skitch and thank you too for watching you can see the program anytime by visiting our website al-jazeera dot com and for further discussion go to our facebook page has facebook dot com forward slash a.j. inside story you can also join the conversation our twitter our handle is at a.j. in says store it from me whatever the hell meat and the whole team here in doha by for now. me. thank. you. with. president donald trump vice president mike pence of both added their voices to deepening international concerns over the disappearance of. his believe was murdered inside the saudi consulate in istanbul but the kingdom denies this the u.k. germany and the u.n. are also demanding answers. i am concerned about it i don't like hearing about it and hopefully that will sort itself out right now nobody knows anything about it but those are pretty bad stories going around i do not like it and us by.

wanted to say something but we have reached the end of this program so thank you to all our guests philip morris and beg of each there on pavlovich and that man who skitch and thank you too for watching you can see the program anytime by visiting our website al-jazeera dot com and for further discussion go to our facebook page that's facebook dot com forward slash a.j. inside story you can also join the conversation our twitter our handle is at a.j. in says store it from me whatever the hell meat and the whole team here in doha by for now. me. thank. you. the cricket world isn't not about match fixing i mean you have to think why would you give me a go read. to me and. i mean they have faith that they have al-jazeera as investigative unit reveals explosive new evidence still human trait conforms to my analysis of a very hard profile figure in much friction in question or do you notice my al-jazeera investigations cricket's much fixes the fog's coming soon. the u.s. finally speaks on journalist. as the last photo of him entering the saudi consulate in istanbul images. right now nobody knows that

wanted to say something but we have reached the end of this program so thank you to all our guests philip morris and beg of each durant of love each and that man who skitch and thank you too for watching you can see the program anytime by visiting our website al-jazeera dot com and for further discussion go to our facebook page has facebook dot com forward slash a.j. inside story you can also join the conversation our twitter our handle is at a.j. in says store it from me whatever the hell meat and the whole team here in doha by for now. thank you. thank. you. when our on line for humanity has been taken out of its goals it would hold you about numbers on a spreadsheet or if you joined us on sat i guarantee know what apple has a back story like yours this is a dialogue and i'm just tired of seeing the negative stereotypes about native americans everyone has a voice mistress and that's got comments or questions i'll do my best to bring them into the south to join the global conversation announces era the consequence of war i got ventures and russia will be served in the marine corps for one thous

one of the world's biggest tobacco firms, philip morris, has been accused of "staggering hypocrisy" over urging smokers to quit. the tobacco giant says it's "an important next step" in its aim to "ultimately stop selling cigarettes". but the charity cancer research said the firm was simply trying to promote its smoking alternatives, such as heated tobacco. there's been another angry exchange between the united states and china over trade. this time beijing has hit back at the us secretary of state over his suggestion that chinese involvement in developing economies doesn't always help the local population. sharanjit leyl is in our asia business hub in singapore. yet more evidence to show that any progress in these talks between the us and china are nowhere near at the moment. absolutely. essentially it all moment. absolutely. essentially it a ll started moment. absolutely. essentially it all started when us secretary of state mike pompeo said china is engaging in what he calls predatory economic activity in re reference to china's one belt, one road programme. he said in latin america la

philip morris — one of the industry's biggest players — has been accused of "staggering hypocrisy" overaker said the move was "an important next step" in its aim to "ultimately stop selling cigarettes". but cancer research uk said the firm was just trying to promote its smoking alternatives. a bumpy landing — as the latest profits come in at ryanir. they were down 7% — but still made just over £1 billion in the last six months. the budget airline blamed the fall on pilot strikes and higher fuel costs. this comes as ryanair faces heavy criticism for failing to remove a passenger from a flight this weekend, after he allegedly racially abused another passenger. minicab firm addison lee says it will launch a fleet of self driving taxis in london by 2021. this will set it head—to—head against its rival — the ride—hailing app uber. that firm is also planning to roll out driverless cars on its network, once regulatory permission has been granted. more now on the news that addison lee is planning to offer self—driving taxis in the capital by 2021, following a tie up with self—driving software s

still ahead philip morris is banking on a shift to noncigarette products as the traditional business faces pressure. our interview with the c.e.o. later on this hour. rishaad: but next, president meet and xi ping going to at the summit but officials on both sides not expecting much. >> it is not helping sentiment. shares down over 1% and also do not forget you can join the show and the conversation here. we have a lot of guests coming up. you click this link and this box comes up and you can send your comments and questions and we'll try and get them to our guests. check it out. tv go. this is bloomberg. ♪ >> this ongoing trade war between the two largest economies is already hurting companies' profits and clouding their outlook in this bloomberg review of earnings and transcripts of conference calls actually shows more global companies are feeling the bite. caterpillar for example out with earnings, 3m, united technologies citing headwinds from what has been happening with the higher tariffs. when you look at auto makers, harley davidson, ford, b.m.w. all see tougher times ahead. th

a little bit of fears seeping out of this market, philip morris, mo, that has a big dividend, charlieting this out to me, i don't know if we can get the stock up. it's interesting to see, jeff, that a stock that has a good dividend seems to be doing well today. jeff: yeah, i do think this pullback, i mean, you look at oil just to be clear on this, oil sold off big time into the close today, but in the after hours it hasn't sold any further. in fact, it's come back up since then. so, you know, i think people shouldn't be freaking out. things that happened in market obviously have impact on oil but don't jump out of the window yet. liz: oh, lord. apple still down, tough day for tech, guys, thank you very much for mobilizing really quickly. we have 9, make it 8 minutes left before the end of trade, dan coming up. capital management. he has an idea on a single trade that may help deal with spiking volatility. ♪ the consequences underwater can escalate quickly. the next thing i know, she swam off with the camera. it's like, hey, thats mine! i want to keep doing what i love. that's the reti

net revenue for philip morris avenue, the american tobacco giant rose by just 3% in the european unionby 48% in the middle east, africa, and eastern europe. as developed nations go green, they're dumping the dirty fuels on the developing world adding to already dirt y domestic supplies, the u.s. has increased its exports by more than 200,000% to india where air pollution was estimated in 2015 to kill over a million people a year so western companies and the governments that support them need to stop killing the millions of lives that western aid groups are helping to save. meanwhile the aid organizations need to rethink the aid organizations. and they need to keep up this fight. get primary care. but it's been deflected. some experts believe aid groups are undermined the provision of basic care by redirecting existing health infrastructure and expertise to its fighting specific infectious diseases. defenders say they have laid a strong foundation for health systems by setting up clinics, trading workers and establishing networks for care delivery. it's time to build on that foundation

. >> tucker: philip morris neighbor gave marlboros to his own kids.lling this garbage, through their schools, where they have to obey, why is that? >> it is unbelievable. it must have something to do was behind the scenes lobbying, special interest. these tech execs, there is a large amount of students that go to the waldorf school. and those schools do not allow any form of electronics. it is all paper and pen learning. 70% of the students in those schools are the sons and daughters of silicon valley tech executives. they know things that the average parent out there doesn't know. >> tucker: but they sell the products d anyway. and they don't alert the rest of us. and school district after bovine school district continues to believe that technology is the key to education, and they never warn anybody about the threat that they clearly perceive. >> i worked at a school for 22 years, inn addition to being a psychotherapist. the biggest thing that we are trying to get a handle on is the mental and emotional well-being of our children. it was really more

and philip morris, the tobacco giant rose in 3% in north america, but in the middle east and africa,grew by 71.4%. and also, in the developing world, fuel is being dumped and the united states has increased exports to the india where air pollution was estimated in 2015 to kill over a million people a year. so westerner s kucountries and companies that support them need to slowly stop killing the lives that western aid groups are helping to save. meanwhile, the aid organization s need to rethink the ooperations, and there have been wildly successful at combatting the infectious diseases and they need to keep up the fight, and yet the primary care has been neglected. some experts believe that the aid groups have inadvertently undermined the provision of the basic care by redirecting existing health infrastructure and expertise to fighting infectious diseases. the defenders of the aid groups say they have laid a strong foundation for the health systems by setting up clinics and training workers and establishing the networks for the care delivery and it is probably time to build on that

see philip morris make the same move. charles: you're not in these but not for moral reasons. they're ready yet. >> for rock and roll. not moral reasons. charles: he was asking about the bull market. at some point, listen comparisons get tough. can only keep -- in the jobs. longevity factor on this that plays out. only thing artificially derails it, only thing powerful enough to derail the rally. >> history isn't good with the fed. this market started with the fed what they did back in 2018. that was the start. trump came in kicked it into high gear. they could certainly end it if they take liquidity away. i'm pragmatic. i think powell is very much a market guy. i don't think he will press the pedal to the metal. charles: i don't either. i was shocked in february we don't know hot guy is, we'll sell off the market in case he is a wolf in sheep's clothing or hawk in dove's colleging. and he has given a lot of speeches since then? he has messed himself up. he has given some conflicting, what they put out in the fomc meeting, what he is talking about overshooting, that has scared

phillip morris which sells marlboros and other brands overseas this is pm philip morris has 5.4% yield's exactly the kind of bond market alternative stock we're talking about here moreno said that it's been stuck between 74 and 76 for the past few months kind of in a range phillip morris has been forming a -- it's forming a an inverse head and shoulders formation like an upside down person this is one of the most reliably bullish pattern in the chart book well, then there's the moving average convergence to divergence, the oscillator up top. it's a powerful momentum indicator that helps technicians detect the changes in the trajectory before they happen. if it's coincidence what good would it do? it's made a bullish crossover, last month it's been roaring higher and now a positive development plus we talked to the chacon money flow which measures the buying and selling pressure. it was very positive in august you can see this and stayed that way for a while and moreno thinks there's a lot of buying interest in phillip morris international we have this, we do this and we get a positive

one of the world's biggest tobacco firms, philip morris, has been accused of "staggering hypocrisy" overurges smokers to quit. the marlboro maker said the move was "an important next step" in its aim to "ultimately stop selling cigarettes". but cancer research said the firm was simply trying to promote its smoking alternatives, such as heated tobacco. plastic straws, stirrers and cotton buds could be banned in a year's time. environment secretary michael gove has launched a consultation on the government's plan to ban the items, which he said can devastate the world's oceans and wildlife. the ban could be put in place at some stage between october next year and october 2020, the duke and duchess of sussex have been visiting fraser island in queensland — one of their last stops in australia before heading to fiji. our royal correspondentjonny dymond has been travelling with them. harry has been in paradise today, quite literally. fraser island is one name for this place. the other name is gari, which translates as paradise. he came here to open something called the queen's commonwealth ca

one of the world's biggest tobacco firms, philip morris, is accused of "staggering hypocrisy" over an maker. jaguar land rover will stop production at its solihull plant for two weeks from today. i'll be looking at why. close, but not close enough. lewis hamilton misses the chance to become world champion at the us grand prix. and we'll hear how bees really have been busy delivering a boost to the honey crop. isa is a chilly start, but for many, it is going to be dry and sunny. but cooler than yesterday. the exception to that is the far north of scotland, where it will be wet with gales. it's monday the 22nd of october. our top story. the group representing hospitals, ambulance services and other nhs trusts in england is predicting that the strain on health services this winter will be worse than last year. nhs providers says the provision of cancer care and routine operations is already under severe pressure — that's before hospitals respond to the seasonal demand for emergency care, as ben ando reports. this was winter last year. a cold and bitter one for nhs england, with patients

. >>> look at philip morris. 4 1/2% gain. better sales.o cigarettes among others. >>> look at gap, gap, inc., down 4.6%. why? jpmorgan putting a sell on the stock. warning of continued weakness in sales. telling you to sell it, some people are. it is down 4 1/2%. >>> back to my editorial at the top of the show, hillary clinton, elizabeth warren keep making headlines, seems to be hurting the democrats. president trump makes all kind of headlines helping the republicans. charles hurt, "washington times" opinion editor and a fox news contributor. all right, charles, do you think that we're getting used to this president, larger than life president? i think in a lot of ways we are. they put some more of his outlandish things into perspective. don't pay as much attention to the stuff that the press is, spends inordinate amount of time focusing on. but i also think that there is, has been a little bit of discipline out of the white house, a little bit more discipline out of the white house. when he is talking about spending cuts and things like

the best stock is philip morris which has been terrible. >> before we get -- >> we were speaking aboutone reported numbers this morning. in part, their investor day not that long ago. there has been some hope they might move to a c-corp. that has been one of the key considerations. numbers look good. stock is not reacting. it did go up on the investor day. 18% increase overall in assets under management. they are talk ag lot more about the stickiness of those assets and the puerpetuity and the fact that they are going to be earning to even out. the market doesn't seem -- >> they have a great return. >> incredibly well run. >> cannabis, jim you have aurora going to begin trading here. acb will be the ticker on tuesday. >> i think this is the time canopy has come down. i will use this as stopping trading as we talk about constellation. i think there is too much fluff because we are not going to get a lot of earnings. i do recognize the long term thesis. the long term thesis is a very positive one. the long-term secular thesis in the consumer products has been mccormick. they bought frank

it's notal dividend-names from pharma to tobacco names like philip morris are moving higher into tradehe dow is down about 62 points. we'll see if the outperformance on financials can perhaps help the dow break back into positive territory. for now, back to you. >> seema, great stuff. thanks very much now the fed minutes, of course, out in the last hour or so officials saying gradual increases are consistent with expansion. some participants believe it's necessary to become modest -- gosh, modestly restrictive there we go for a period of time. >> just rolls off your fong. >> it does. >> it rolls off two people's tongues who we're about to talk to very smoothly others say they would not favor a restrictive policy without clear signs of an overheating economy. joining us now cnbc contributor richard firer, senior adviser at barb claes and former president of the dallas fed and also with us fresh mishkin, economics professor and former fed board governor richard, if i start with you, let's focus in on that lines, modestly restrictive what do you make of that i mean, the dollar jumped a li

flavors that appeal to and addict children shares of big tobacco companies, by the way, including philip morrise news from yesterday. >> we talked tod the association that represents e-cigarette manufacturers, they seem to be open for regulation in this space. why is the fda taking this route in terms of raiding the offices in a surprise raid when it seems like the company, at least on the surface is willing to aid in drawing regulation and sees a need for regulation? >> reporter: sure. by the way, the company here tells us that it was not a surprise they didn't know the date of when the fda would show up they said since april they have known officials would be showing up here. as far as like where that friction arises, it goes down to the fact that juul says their products are specifically made for people who are already smokers trying to transition them off smoking and off of the unhealthy stuff in a cigarette, like the tar but the fact of the matter is, is that early on, a lot of their ads were very sleek. they showed young people they have a lot of flavors that people say are addictive to y

things like verizons, the consumer staples, some reits, simon property group, even utilities, philip morris those are now coming back into view and it's a regression to the mean situation and certainly expecting a correction in this time is automatic. we've been way too long before we've had some type of an adjustment to high flyers. so you're tilting away from some of the market leaders and towards more of what we would call value stocks, right, chris? >> absolutely. i mean, value managers have skinned their knees a bit this year and even earlier i mentioned the financials is another area that i think is due for a turnaround on it and now i think they're coming into view. so embrace the new leadership is my words on it absolutely >> so david, let me ask you. a lot of people are pointing to a variety of factors contributing to this sell-off. the midterm elections, trade but certainly interest rates are a big part of it but here the fed has been signaling what they were going to do for a very, very long time why does that seem to be so upsetting now to equity investors? >> frankly, tyler, it

fundamentals of this market which are earnings and all the other stuff remain very, very strong, likes of philip morris topping estimates. a host of others doing the same. airlines cashing in on all the companies seeing a big boost in business travel. paying top dollar for it. demand in department stores is apparently higher than thought. consumer sentiment, earnings, as i say 84% of the s&p 500 companies reported thus far handily beaten estimates. so that is the backdrop for all of this. the question which wins out, the fundamentals, overall economy which is sound or these latest scares? and they're legitimate scares that this could get wildly out of control. it will be a battle royale for the next 3 1/2 hours. let's keep watching it. more after this. but allstate agents know that's where the similarity stops. if you're on park street in reno, nevada, the high winds of the washoe zephyr could damage your siding. and that's very different than living on park ave in sheboygan, wisconsin, where ice dams could cause water damage. but no matter what park you live on, one of 10,000 local allstate agents kno

but we're talking about philip morris up 9.2% walmart seeing a 5% gain walgreens up more than 4% evenreat month for consumer stables but not all of them are created equal. colgate has been one of the worst performing in this sector this month missing this quarter estee lauder down 14%. procter & gamble having a strong month despite a dip on friday. some of the best sales gains in the last five years. and the stock on track for its best month in more than five years. great results there. looking forward, investors will be watching if these consumer giants could continue to move up the momentum mondelez reporting after the bell today kraft heinz reporting after the bell coca-cola reporting on tuesday the soft drink maker dealing with consumers who are moving away from sugary drinks. back to you. >> bunch of laggards i thought earnings season was supposed to be over. isn't it almost november something to look forward to and maybe trade off of i'm not sure we got the trading from earnings season we were expecting this time around thank you, frank >> thank you >>> german chancellor angela

charles: philip morris says their goal is non-combustion product. they're working toward that.s even with e-cigarette, perhaps the same teens would go straight to cigarettes. maybe there is some buffer there. do you buy into that at all? >> we don't buy into any youth going in using e-cigarettes and vaping billioning addicted to nicotine. that is not right. there can't be marketing to them. we asked manufacturers of these products to come forward with an action plan to convince us they have the ability to prevent youth getting access to and becoming addicted to e-cigarette products. charles: what are you looking for to get rid of flavors and cute names? sort of like, you know, you know, everyone understands the things that sort of draw younger, younger kid in. candy king we're showing on the screen right now. can the government get them to do that? >> first off we've gone after those manufacturers have put products on the market basically replicate candice and other products. we've actually taken action against them. that is part of the process with the e-cigarette makers to lo

philip morris, one of the industry's biggest players, has been accused of staggering hypocrisy over itswear firm dr martens. earnings grew 33% to £50m in the year to march, with sales up 20% to £348.6m. the northamptonshire—based company, most famous for its distinctive boots, said it had seen double—digit growth in revenues and profits in all regions. we've had some news from addison lee today. that's right. addison lee is planning to offer self—driving taxis in the capital by 2021, following a tie up with self—driving software specialist oxbotica. a smart move if you consider the industry is expected to be worth £28bn in the uk by 2035. but the question is, would you trust a taxi with no driver? earlier we spoke to andy boland, chief executive, of addison lee. the move will pit it against rival ride—hailing app uber, which is also planning to roll out driverless cars on its network in the future, pending regulatory permission. there are so many issues that this raises but the main one has to be safety. they have been hailed as the future. they have been hailed as the future. they are