the numbers and for remy cointreau. french distiller has reported higher profit earnings and a -- expects normal consumption for the rest of its fiscal year. joining me now is the ceo for remy cointreau. so, you've got a cracking set of numbers here. margins are on the up. your net income is flying higher. strong organic growth. where is going to grow most significantly in the next fiscal year? >> this is a tricky question. i like to say it's harder to predict the next six months than the next 10 years in a current environment. the growth will definitely and hopefully come from china on our side. this is the way i look at it. obviously i'm not speaking for the very short-term. we hear about measures being taken this short -- this week that will not help in the short term. but the prospects are very positive. the wine and spirits account for only 1.5% of the total spirits consumed in china. every time against the rules against covert are eased, we see consumption back. the last example i have in mind is that we had three

earnings from remy cointreau, pretty positive essentially.y expect return to normal in the second half, they saw higher profit, confirmed their four-year guidance, taking a hit a 4% despite that. postnl in the netherlands posted a gain of 3.5% or so. the news there is that the czech billionaire has raised his stake in the dutch carrier from 25% to 31%. dr. martens, a hit of 17%. francine: in my teenage years, i was more of a timberland. francine: tom: there were the timberland wearers and the doc martens, i was all in on the doc martens. supply chains broadly catching up post-covid but disappointing when it comes to earnings in terms of the miss for doc martens, a drop at 17% on the stock price this morning. enel ceo francesco starace on europe's energy crisis and plans to sell off assets at the utility giant, we will bring you that interview live. this is bloomberg. ♪ francine: welcome back to the open. 30 minutes into the european trading day and here are your top stories. slowing it down. global equities had for the highest level in two mo

anna: the ceo of remy cointreau speaking to manus cranny on bloomberg tv.et's move from the micro to the macro. most federal reserve officials now seek to slow the pace of interest rate hikes. this according to the latest minutes of the meeting of policymakers. they might be shifting to 50 basis points rather than sticking to the 75 basis points we have seen as of late. our bloomberg equities editor is here with us. the fed seems like there are doves in charge. there are more dovish voices in the fed and some had anticipated and that is being seen as positive for stocks. >> and we saw that positive reaction on wall street last night. the only concern here is that equities have rallied a bit from their september lows already, so the s&p is up about 10% and we have seen a recovery in the dow jones, almost reaching bull market levels, so how much further can the rally go? perhaps investors have already priced in this sort of dovish pivot from the federal reserve on the back of this inflation on the back of robust earnings, so we will see how much longer the ra