renault's catch up strategies to bet on suvs. they account for one third of the chinese market, and sales are increasing at a rate approaching 50%. renault also sees an opportunity for its electric cars. china needs to improve its air quality at cut pollution and has indicated an interest in promoting greener vehicles. will be often just under an hour's time to give you the closing figures on wall street. before that, let's look at how it open. miss from the piggy fromy- - miss the muppets to get the trading day underway. i adored being at the new york stock exchange, but where is the gift shop? i want to pick up one of those ipos i've heard so much about. kate: she is there to celebrate a new season of "the muppets" on abc. catherine: very happy to have miss piggy on business news. she can come back anytime. do stay with us. after the break, we will find out more about the zika virus. it has beenññ 02/01/16 02/01/16 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! >> let me just say this,

renault has said china is not its principal market, that is an unquestionably strategic one. catherine has more. >> cutting the ribbon on its first car factory in china. until now, renault was content to be a marginal player in china , leaving it up to his japanese alliance partner, nissan. the new factory, a joint benefactor -- will produce up to 150,000 vehicles, with sales of 20 million cars per year. >> even to say there is no reason i cannot beat and china. globally, market share will stay close to 3.5%. entry comeslt's the ina time of slowing growth china. for the past six months, the manufacturing sector has contracted, sending ripples throughout the stock market while car sales reached a new high in 2015, many analysts believe that growth is unsustainable. catch-up strategy is to that on suv's. they account for one third of the chinese market, and sales are increasing at a rate approaching 50%. china needs to improve its air quality and cut pollution and has indicated an interest in promoting greener vehicles. genie: let's come back now to europe. there is discouragin

. >>> and renault drives after a 50% jump in profits. after a joint venture with nissan. >> hi, everybody. welcome to the show. you are watching "street signs." do you notice anything different? friday capping off the week that was in turbulence? >> love. love. valentine's day weekend. >> i should have known. >> the love necklace. love is in the air. love is in the air and a lot more. finally. >> here in europe, at least. >> exactly. exactly. we have a bit of relief in europe. we're seeing green across the screens. we're higher by almost 2%. 1.7%. we also have a little gdp coming through. >> that's right, louisa. fourth quarter gdp is up about 071%. on the year basis annually, we're looking at growth of 1%. forecasts were looking for an increase of 0.3% against the actual measure of 0.1%. gpd italian growth preliminary basis falling short shy of that 1.2% forecast we got from reuters. euro/dollar continues to trade lower just about 0.4% against the dollars dollar now. >> i'm not sure if we're reacting to any of this at the moment. >> i t

last year, and no one knows about the challenges facing electric cars than carlo, the chairman of renault nissan alliance. the electric car, the leaf, saw sales fall 43% in 2015. i spoke to him at the world economic forum in davos, and asked about the challenge of selling cars in an era where oil dipped below $30 a barrel. here is what he told me. >> i don't think we would have expected to talk about oil with a 22 in front of it, i doesn't spect it with a three in front of it. at what point do you look at the line up, long term projections about what kinds of cars you are selling. >> we all know that the price of oil is unpredictable. we can predict it in one month, five years down the road, 10 years down the road. you cannot build strategy on pricing of oil. you have to build it acknowledging the fact that the price of oil is unpredictable and that is what you are doing. most of the technologies that we are developing, and cars of tomorrow, are more impacted by emission regulation, consumer expectation, technology evolution than the price of oil. it's not because we would love to see it,

renault saw its annual profit climbed 50%, reporting strong sales of new models. the french carmaker took a 620 russia.euro hit from are looking into boeing's books. the security and exchange commission is investigating into whether the firm accounted for s.ture costs in dreamliner shares of the company were down 25%, partly due to strong competition. mot is the business news, lly. molly: it is time now for our press review. i am joined in the studio by florence villeminot. you are going to start off with the news that we saw yesterday, yet another government reshuffle. how are people reacting? it must be said that the press is not very impressed. at " the front page of -- a look at the front -- of "le yourself, att home. with the government reshuffle, he essentially spruced up his cabinet, patched things up, making small changes to it why is that? because there is a presidential election around the corner in 2017. the right-wing paper in france also compares francois hollande to someone doing a little home improvement work on sunday. saying he is papering over th

started t dy, but roadontions were dry and perfect for rang -driver ego d'hen is riding shotgun a renault clio, helpindriver pietro scavone navigate some sty curves. it's all good till mboys hit one of those hin turns a hair-raisg 80il an hour. interpreter: i saw our sliding towards thoutside of the curve. because we ented the curve a little t fast. - the t--control renau jumps thcurb d baelst tar a group of spectators.intereter: usually a wall is a prey fe position. the wall was about 2ers high, soseemed safe. - key wo her "seemed." e crowd frantically scatters ashe goes airborne, thenlips endver end. inrprer: only thought was, "where a we going to end u" every one of the picd peop is able to jump out of the way in the nick of time, except this woman. - no interpreter:t poor girl who was tting there was so frozen by fear, she couldn'tov [people screaming] - unbelievable. e r tumbles rit her. mm ly, no ones seriously hurt, including d'hen and scavone, who escape with just minoinjues, interpreter: i think i'll continue,

coldplay, beyonci, renault mars? awesome. jubilation. once-in-a-lifetime incredible experience.>> lots of people still talking about that show. what i found really interesting is that at levi stadium they have charging stations for cell phones. people pay up to $1000 for a ticket. at one point though stations were just packed with people. i asked a gentleman, i said, you're missing the game. he said, if i can't post a picture it's like i'm not here. he had to power his cell phone. it was so funny to me.>> next time bring in extra battery see you can watch the game and post your picture so that your friends know you're really there. lesson learned.>> reporter: it was such a great experience. i agree with mark ibanez. has soft everyone there. was amazing to go to. thanks, management. >> there you go.>>> heading over to mike to -- mark tamayo.>> the weather is a superstar, too. everyone look at -- looking at the sunshine over the bay area. we are still in the clear. we have traces of upper-level wind. an area of high pressure that has warme

renault shares are swinging between gains and losses after the carmaker reported a profit jumped lastear. the stock rose as much as 5%. said it looks like a huge loss in russia, where unsold vehicles increased. global news 24 hours a day powered by 2400 journalists around the world. jon: thanks, caroline hyde. fourth quarter eurozone gdp data in just over half an hour after inmany recorded 0.3% growth the final quarter of last year. let's get out to hans nichols in berlin. germany holding steady. disappointment in italy. give me the rock up. hans: that is the story of the eurozone. soft growth in germany. stronger growth in spain. italy disappointed. 0.3% isn't the number to focus on. it is the inflation numbers. whether you think german resistance to quantitative easing further dipped into negative rates. the cpi numbers, you know, i know, we love it when the details come out of that federal statistics office. my favorite one, the cost of potatoes is up in germany 31%, but potato chips are down 9%. puzzle that one for me. what is your best. ? jon: i just know that the hans nichols fa

coldplay, beyonci, renault mars? awesome. jubilation.once-in-a-lifetime incredible experience.>> lots of people still talking about that show. what i found really interesting is that at levi stadium they have charging stations for cell phones. people pay up to $1000 for a ticket. at one point though stations were just packed with people. i asked a gentleman, i said, you're missing the game. he said, if i can't post a picture it's like i'm not here. he had to power his cell phone. it was so funny to me.>> next time bring in extra battery see you can watch the game and post your picture so that your friends know you're really there. lesson learned.>> reporter: it was such a great experience. i agree with mark ibanez. has soft everyone there. it was a super fun event and was amazing to go to. thanks, management. >> there you go.>>> heading over to mike to -- mark tamayo.>> the weather is a superstar, too. everyone look at -- looking at the sunshine over the bay area. we are still in the clear. we have traces of upper-level wind. an area of

renault mars look like he was in a dance competition and beyonci i eded some are close. much needed shot of energy. >> brought some positivity. she says that she enjoyed all three performers, they put on a great show and it looked like they were having fun doing it. katelyn alexander added that beyonci and bruno did not have much time to prprare so they said they did the best with the time that they had. >> ashley garrett criticized beyonci for the lyrics in her new song, beyonci should have never been allowed to sing her song as it is feeding the hate against police. a lot of controversy over the whole performance. if you would like to join the conversation please tweet at us. >> what were your general thoughts? >> coldplay should not have been there. i would have enjoyed beyonci and bruno mars battling each other the whole time. >> did you like beyonci song? >> i love the video. because it is set in new orleans, and a lot of imagery from new orleans, flooding and that kind of thing. lyrics of the song. >> lettuce >> let us hear what you think, tweet at us. >>> still to

reporter: witness after three 12-year-old boys were playinging way bike and skate boards on this renaulting pond when the ice began to crack as there's no 30 to 40 feet if land. >> i went over to pull them, walk over to tell them get off. by that time i had walked do you believe the bottom of my driveway, heard them screaming. >> reporter: neighbor jumped in after them. >> i went in the water tried to get to them. trying to break the ice. then it just got too much. it gets deep plus all the mud and everything. so we were able to get one kid out juiceing a giant branch. >> reporter: but the other two you too far out. one of the boys made it to a grate in the the pond. spoke to us had mother from the hospital. >> when he were had gotten there he was trying to pull himself up. he realized justin citizen was nowhere to be seen, he turned around, at that, colon gotten off the grate and swam bam back out to justin and pulled him with him. justin was like we're going to die and the boys couldn't feel anything. hand, feet nothing. >> both sat on that grate until the point pleasant dive team arrived

renault nissan is going to raise cash by selling shares to the market in france for renault, and thenwill buy back 400 million yen in shares for nissan. it may have to do with the currency fluctuations we have seen. 5% -- aw, two point very interesting move when you say that you are going to sell shares in the market, that they would actually rally. we are going to take a quick break and come back with more international movers. ♪ stephanie: if you are watching "bloomberg ." we are watching futures in the green across-the-board as we head into the end of the month. we are seeing things push higher. hitting that inflection point of 1950 on the s&p, could be a trigger for a whole lot of shortcoming. with us now are tom keene and peter collected let's get you some first-order news. here's caroline hine. caroline: it was marco rubio's last shot against trunk before super tuesday and he went up against the front runner in last night's republican presence ultimately -- present presidential debate. >> you're the only one on the stage has been fined for hiring illegal immigrants. caroline

innwhile, renault up 44% terms of profit. that is what i am seeing on this particular carmaker.hey are still managing to do well in europe. they have been beefing up their market share. they are trying to make themselves more profitable by sending more suvs. the more spark -- sport-utility vehicles they can get, they are trying to roll out the forecast. in russia, they are taking a hit. on the downside, look out for rolls-royce. they are cutting their dividend for the first time since 1990. futures up by 59 points. commerzbank is the stock to watch at the open. we will bring you that market open in just four minutes. ♪ we live in a pick and choose world. choose, choose, choose. but at bedtime... ...why settle for this? enter sleep number and the ultimate sleep number event, going on now. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store, right now save 50% on the ultimate limited edition bed, plus 24-month financing. hurry, ends m

that is the car that is driving the renault higher.hat is a beat on the estimate, looking for 2.0 percent. and they're forecasting further growth. that is the point. for the revenue, those like the numbers, $45.3 billion -- as the met was for 44.9 billion. achieving a 5% operating margin as early as 2015. that is one of the key numbers coming out here. rises byerating cost 74%, margin comes in at 3.5%, versus 2.2% a year earlier. the margins are moving upgrade what is driving it, volume growth? they are also seeing a decent mix in terms of pricing. the dividend, if you're a stockholder, you're getting 2.4 euros. bloomberg dividend forecast was for 2.3 per share. a year ago, you were earning 1.9. the global market, the global market according to them, will grow and rally by 1-2%. the european market by 2%. france by some 2%. in the meantime, let's get you the bloomberg first word with caroline hyde. caroline: federal reserve chair janet yellen said the central bank is not to blame for the financial market this year. it is unlikely to ro

. -- [indiscernible] earnings soared last year at french automaker renault. the company gained market share in europe thanks to new models. for thisproved margins year. that is our latest bloomberg business flash. guy in london? guy: thank you very much indeed. let's talk about the banking sector in europe. eonel on the l banking sector. is the banking sector more risky than it was on monday morning? >> this weekend has been incredible. we are seeking a repricing of risk. it is very difficult to reprice risk in the market. on the equity side, shares of credit suisse and deutsche bank are at incredible levels. guy: the book values. tom: incredible. side as well. investors say, we don't think a 2008 meltdown is going to happen, but we're not diving in because there are so many unknowns that we just can't really know how to properly value banks right now. guy: what is unknown? >> quite a few things. on the balance sheet, oil and gas. if you think about what they have disclosed, investors still aren't reassured by what could be coming down the pipes. if you think