on an underlying any basis, qantas domestic was down.e are seeing a lot of effect on the international market. —— australian market. but jetstar did well, and that was committed to a strong domestic performance, as well as improvements in profitability at the operations in asia. 50 what must they do in in profitability at the operations in asia. so what must they do in the medium to long—term to be to improve profitability and be more consistent with their earnings? they have started to work on a lot. we are about two years through a three—year translation programme that the cupboard has been through. they cut out a lot of cost. that has put them ona out a lot of cost. that has put them on a much more sustainable footing. i think from here on in, it will be down to just cut and goes, and it really depends on consumer sentiment. we see that qantas is already going into laws and you long more routes, and that is tried to ta ke more routes, and that is tried to take them away from that competitive market. they will be challenging, but if it

qantas, or any of the airlines. it is challenging. don't you love it when the ceo uses that word?ghosn is relinquishing his role as chief executive of nissan. and now he's going to be chairman, doesn't mean it is hands after today, or how it work? he is not released the thing back so far as the defining his role. it is true even though longer be the ceo, but he was to be very busy, —— he will still the chief executive. the reshuffle will allow him to focus on the alliances between the three companies and making use of the greater scale that the mitsubishi purchase might bring to the alliance. his old job will go to the alliance. his old job will go to the roto sarkar were, already the company's co—chief the roto sarkar were, already the compa ny‘s co—chief executive the roto sarkar were, already the company's co—chief executive and a 40 company's co—chief executive and a a0 year veteran of nissan, so likely to be seen as a fairly safe pair of hands was the do you or do you not like you're pineapple on pizza? you know, i kind of abstain from this one. pep you can't set of offence.

what qantas is dealing with is a lot of competition.re is not a lot of bad earnings, it is at a lower price. here is what the ceo had to say about it. >> we all want to make sure we have protection going forward. need it beinge hedged on our oil consumption for the rest of the year. iscourse, what we always do have that adaptability depending on conditions. interest -- interim dividend from qantas. alan joyce says it will be a regular feature. that is i think going to be me, paul. i think they are the biggest producer. there?s been going on these minerals are just a little bit better than estimate. of a proxytle bit for the copper price. 79%, allsomething like of that revenue comes from copper. is not complete without a question of where the asking that copper prices headed. >> we have a crisis strategy in place. greatnk copper is a commodity. the fundamentals are long-term very good. when you look at the supply and demand side. >> it is interesting looking at the share prices with the copper drop. they do seem to move. it does look lik

. >> qantas first-half earnings drop 7.5% as overseas competitors rolled out more roots and airfaresmain rival virgin australia also just announced last week about these direct services from australia to china, hong kong, and maybe even a southeast asian city. how do you see international affairs going now, and how will that impact your yields? >> we already compete on more than 50 routes. we massively outperform our competitor. our results indicate that. we have 62% market share, 86% of the profit pulls here in australia. both our qantas and jet star business are the two most profitable airlines in the australian market. internationally, our business is producing better margins than our competitor. we are confident in our position on these routes. >> hewlett packard enterprise reporting a 10% fall in revenue for fiscal first quarter. $11.4 billion company revenue and a profit of $267 million , for that unchanged from a year ago despite loads of acquisitions. if that weren't bad enough the , company offered a weak profit forecast for the current quarter and current fiscal year. as it

both our qantas and jet star business are the two most profitable airlines in the australian market.r business is producing better margins than competitors, so we are confident in our position on these routes. >> hewlett packard enterprise reporting a 10% fall in revenue for fiscal first quarter. $11.4 billion company revenue and a profit of $267 million dollars, but that is unchanged from a year ago despite loads of acquisitions. as if that weren't bad enough, the company offered a weak profit forecast for the current quarter and current fiscal year. as it relates to this quarter, what happened? >> so what you are seeing is that this is a company that has really cut and cut and cut. and is, you know, it is extremely lean in terms of over all expenses, so as the top line goes, you will see that right away on the bottom line. now the company experienced a few different dynamics in the quarter. they still are suffering from the impact of fx, currency fluctuations. commodity prices took a spike, so they saw a 50% increase in memory prices and that flows through to the bottom line. you t

qanta's saying -- canada's saying, come here. we should welcome them, and they create more jobs and companies than anybody. so it's very consistent. obviously, we have to do a little bit better convincing job, and some of the rhetoric has to go away. >> host: okay. michaela ross, this was your first visit to ces. c-span did not attend this year. what were your impressions, and what was a product that caught your eye? >> well, i have to say i am a motorcycle rider myself, so my favorite project that i saw on the floor, i was very excited by the honda's riding technology that helps you. it's a smart motorcycle, a technology that helps you balance your bike when you're in low speed. that was one of the things i took away wishing i could have gotten on the bike and and tried it. it was a fantastic first show. i was really impressed by just the brain power that was in the room. and it wasn't just -- it was a meeting of everyone from silicon valley, of course, and different tech companies in the u.s., but also washington as well which

australia is just tapping up an interview with the qantas ceo alan joyce. we are really focused in the u.s. on the fed and what they indicate for u.s. rate hikes and how it might impact central banks in asia. >> i am feeling that confusion in the start of asian trade with that failing soon comments. doesn't mean -- does it mean a march fed rate hike on minerals? >> do we ever think the fed will be clear? >> it is a balancing act for them, talking about inflation, too, not a whole lot of people in the fed think it is a problem at this point. as mentioned, odd minerals desperate first let's take a look how the market open is shaping up. were just you discussing, the central banks focus is on r.b.i., and today bank of korea will be in focus. it's forecast to hold its record of 1.25% as it waits clarity around a domestic political sandal. there are mixed signals when it comes to economic data. there is inflation on the rise in the community were desperately consumer -- consumer sentiment sliding. over on the nikkei 225, with a yen over doing around one dollar 1

and then to record the views qantas the first live news conference for the first time with president eisenhower. >> i was quite amused to have makeup applied to the shiny bald head. how do compare him to his comfort with the meander and in particular quick. >> but they did like to cover his style and then the way he talked about some things. but was transparent. with a heart attack in 1955 he says put everything out. but i could do without the of once a day update on my doll movements. [laughter] so those live gold nuggets of humor i was charmed to read one of the last dinners before he left office in they'll love 10 as a person i don't think they fully appreciated what happened behind the scenes or we did as a nation. so this enabled us to look through the narrative he was a humble leader and got that into his time as general. and these huge figures and had to give the same page for d-day. >> host: i am wondering with his sitters ship during of presidency teasing fave brought the same set of skills quick. >> so to air out these things and national security apparatus what he had in h

that's the kind of thing we're doing, whether it's marriott or starwood or qantas, some great customersow, because you have everyone, the panoply, i mean we're talking about a huge percentage of retail that uses you. you also have fantastic data. how about the data for valentine's day? >> well, i think to your point, we process over 90 trillion transactions, and it's amazing to me that -- >> that's a t, people. 90 trillion transactions. >> a year. and to your point, when we used to have government statistics, they actually didn't include actual empirical data of what was happening online. in fact, consumer price indices and the other indices didn't include what's happening online. so what i will say for valentine's day is if you bought early, you saved 15% over those who bought late because prices went up. and mobile is clearly where all the action is. >> let's talk about mobile and tube mobile. i have not seen you since that acquisition. i know it wasn't necessarily additive when you announced it, but what does it bring? >> well, you know, we have certain high poth sypotheses th and fo