francine: ryan chilcote with the latest on this amazing story. follow ryan on twitter, but also go on the website. we have a great story front page on tesla and young mosque -- and elon musk. next, alibaba has lost a third of its value since its ipo. we will ask why, next. ♪ alibaba reports earnings before today's u.s. open. let's get the latest from selena wang in shanghai. what are investors going to be looking for from alibaba's numbers? >> investors are going to care the most about its core e-commerce business. they are looking for a comeback in revenue growth, which has slowed considerably. they're going to be watching for gross margins. they are going to be interesting in seeing how acquisitions may have impacted their bottom line. francine: why has alibaba performed poorly despite earnings growth? >> dalai lama has more than hasled profit -- alibaba more than doubled profit in the span of a year. alibaba can't really control what is going on its stock. investors see alibaba as a stock -- a proxy for the chinese economy. francine: what do in

still let's bring in ryan chilcote. k at shell, was if rt from a low basis, or was it the fact that they beat on refining? ryan: the downstream business and the refining helped both np and to-- bp and total that helped shell. what would distinguish them from bp and total, it looks like their chemicals business did particularly well. and their trading business did well but perhaps as not as well as it did at the other company. so, very good performance overall. more money, $1.8 billion. shell, while a lot bigger after $200acquisition of bg, is a billion. francine: bga seems to have made sense. on the changes on a daily basis to see who gets the top spot, but most of the time, this year, it has been outperforming all the other big oil producers. the reasons for that, we sell more evidence today as they are cutting back on capex. they guided the market to $33 billion. they say it is going to be $30 billion. when it comes to the dividend yield, concerns about the dividend, those seem to be less pronounced when you look at sh

ryan chilcote has been watching the race. trump said it is all over if he wins indiana. ? ryan: he's not entirely correct. in terms of delegates, he is just short of 1000. 1237 to clinch the nomination. indianakes all in tomorrow, then he would still need just under 200. technically, he would have to wait until june the seventh, which is when you will get about five of the remaining half of california,s, and which has a huge treasure trove. the reality is that if he takes indiana, if cruz doesn't do well in indiana and cruz should have the kind of conservative support kasich has agreed not to run, it really makes it difficult, i think, for ted cruz to launch a serious challenge to an undisputed clinching of the nomination. mark: the final stand of the anti-trump the grade. hillary says obama is trying to poke the youth of america. she seems almost certain. ryan: she looks closer than trump. just yesterday, we had bernie sanders on television, saying that he is not going to resign just yet. his one supporter in the senate said june 7, when we have the final five primaries,

let's take a look at the numbers with ryan chilcote.w you are great reporter when it comes to numbers. problematic. the key to kuwait is -- russia is problematic but the key take away is china. the luxury market was in decline in china but how many people realized the chinese are drinking less beer? why is that a problem? that the -- that led to a decline in 1% of volume across asia. that is supposed to be a growth area for them. you in the last quarter eastern european we saw an increase. inbev turning his with announcements. ryan: budweiser is going to be rebranded as america. released oney also "america." e ryan: i know you are a bottle kind of girl. this is only going to be in the united states. this is not going to be in europe, maybe because the country is owned by belgians. francine: this is taking advantage of the u.s. presidential election. it has the republican candidate connotation. ryan: they want to get involved in election fever. about one third of the beer in the united states is drunk in the summer. it could be useful fo

ryan chilcote is chomping at the bit and the chief executive will be happy that the peg acquisition isrting to pay off. ryan: it had its doubters and skeptics. $54 billion sounds like an awful lot to pay for bg when we had oil prices the way they were the last year. what we seek year on year? the combined company has oil and gas output up by 6% in the majority of that comes from bg. not only are they pumping more oil and gas, but they are getting a lot of cash from it. they are getting more in earnings and investors love the cash. mark: give us some perspective. we have had bp and total on the side of the pond beating and you can throw in exxon mobil as well. what is the story we are getting from the big oil majors? ryan: the integrated oil business is is a good model. refiningtream business against saving the bacon, so does having a chemicals business good sodas training. chemicals business. so does training. exxon made $1.8 billion in the first quarter. exxon in terms of market cap is almost double the size of shell. that is not bad to be 200 million off. betty: how about the acquisi

ryan chilcote has joined us in london to run us through the numbers. lofty ambitions. ryan: lofty.ted to do already was effectively the sort of most aggressive if you will ramp up or ratcheting up production for a carmaker sense henry ford introduced the model t. that was the plan before which he moved up yesterday, by two years. the original was to get to 500,000 by 2020. good enough.is not a we are going to do it by 2018. to show you this chart, last year they produce 50,000. this year, they will do under 100. underear, to do just 300,000. 500,000 in 2018. the new goal for 2020 is one million. hurry?he in a he is an ambitious guy. the other reason is there is this subsidy for consumers in worths. for electric cars 7500 dollars. he has to get the cars out in time if they want to avail themselves which would help his sales. anna: they are looking to put their model x problems in the review mirror -- rear mirror. ryan: one of their goals is to ratchet up production. and the battery factory to come online. everything needs to come together, which hasn't always happened in the past. a

. >> thank you very much to ryan chilcote.preview the day ahead including the german figures which will be out a little bit later on. that is next. ♪ >> welcome back to "on the move," i am matt miller in berlin. greece's creditors have released -- reach an agreement that will allow 10 billion euros in aid. it also taken steps to relieve them of debt after an 11 hour meeting in brussels. the greek finance minister stressed the significance of the deal. moment for important greece after so much time. we have an agreement not only on the review and the structural measures, but on debt. into one.re collided your member we agreed first to finish the review and then there debt be a discussion on but these things have collided and that we have the overall package. >> joining me now to talk more about what this deal means for greece is the former greek minister for shipping and growth and the foreign european -- former european commissioner as well. thank you for your time. let me ask you about the euros and debt that they have taken

we want to go to ryan chilcote in london. take us behind these topline numbers in the earnings of shell. ryan: it is the same stuff that exxonompanies like bp, surprise when it comes to the earnings. it was the downstream side of the business, the refining side of the business. street -- the up upstream. the chemicals business at sheldon really well. loves to talk about how it's been performing so well. -- the chemicals business at shell did really well. $1.6 billion is not that bad if you think about it. did better with $1.8 billion. pretty solid results. the i was looking at combination my capital spending down one third over the same time. is there more fat to go? ryan: there is more fat to go. 33 to 30 billion. we saw the gearing go from 14% before this deal was completed 26.-- to they are relieved that the company's free cash flow, they don't need money borrowed to pay dividends. jon: thank you very much. after last year's record m&a boom, the first quarter of 2016 is off to a slower start. dropping 11% compared to last y