would you fly ryanair for business? have you flown ryanair for business?r thoughts and experiences. see you in a moment. ♪ marked contraction. speculation that the second largest economy will need to boost among sliding tax receipts. >> president obama suggests companies should pay 19% on foreign earnings. he is seeking a 40% tax on it $2 trillion in held in offshore centers. these are from people who are from a with his budget proposals. the money would be used to pay for roads, bridges and other infrastructure projects. >> the australians are ecstatic. he was detained. he is being deported from egypt. >> let's find it was going on in the markets. jonathan pharaoh has more. >> the dax is pushing high. it's a good day for manufacturing data. china is an contraction areas for the first time. you dig into the numbers and you look at the separate countries and that tells you the story area france, italy greece, in contraction. i don't a how much you can read into that. last week we had these down 14%. there is little bounce in the bond market. the yield of th

would you fly ryanair for business? do you? what is it like?♪ >> welcome to "the pulse." >> ryanair is when you're into -- one year into its always getting better program. our perceptions actually changing? let's talk to the man in charge of this process. he is kenny jacobs the chief marketing officer. one year in. how has the year been? how has the brand moved? where are you? >> we are really happy with the results so far. we have reached 90 million customers. we kept the cheapest fares. we have also greatly improved the schedule. through the always getting better program we have started a series of customer initiatives that have improved the in-flight experience comes the digital experience, the distribution of the project. we are happy with the results, we like change, we are excited about what we will be rolling out next year. >> how can you get better? >> you can always get better. we would say the program started off as our change initiative and it is a good way to describe the core value of ryanair. we like to do business quickly. we lov

let's check in on shares at the ryanair.oost in its profit goal and they have lifted their forecast for this year. a share buyback but they have cautioned on a slowdown in earnings growth. they are hatched at $92 a barrel. oil much a lower. a picture of the equity market in london. the fuzzy 100 up higher. deputy ftse 100 up higher. we will talk markets after the break. we are back in 2. ♪ >> welcome back. 30 minutes into your trading days. the ftse 100 is up a little higher. the chinese is in contraction territory. look out for that. stoxx 600 pushes higher. it is time to get some stocks to watch. >> cover the leaderboard. look at that. the profits are looking good and assets under management are rising. 36 billion. net income is up and almost doubled. we are cutting costs at home. the top of the leaderboard when it comes to the stoxx 600. on the downside ryanair is down and profits are pretty good. they are listing the profit goal and traffic is up. there is a big but. 2016 is hedging the oil higher. they will be hitting t

it has been an incredible year for ryanair. they started the year saying we are going to change our image, rolling out a bunch of business products, apps, improving their website, and they were doing something over the winter, which was keeping planes in the air versus parking them on the ground, and passengers are up and more importantly, the load factors are up, and the fares are up about 2% for the quarter. there is maybe a little weakness in january but yes, it seems like they are going full speed ahead at this point. >> they are, indeed you ryanair is 90% hedged. that is very, very high, but you have got more prices coming down, and some of the airline stocks are reacting to that. where are we in that debate? >> yes, they did make a point about that this morning. they have a cautionary outlook for fiscal year 2016 and they tend to be very cautionary which is maybe why they had so many upgrades this year. they tend to be very cautionary about the upcoming year. it is very early, and it has not even started their fiscal year

it seems the markets are being a little bit unfair to r ryanair. the problem is next year they henled their oil cost. their fuel cost. they'll be paying higher prices for some time to come. >> it's two stories. the quarter has been strong from last year in terms of a significant profit this year. as i think caution in terms of as you said the hedging is what seems now a high level and pretty well locked in on over 90% of that. they have indicated that will bring a lower unit cost per passenger. they're saying some competitors were not able to and will benefit from the day-to-day price much lower. thinking about it, i can't really think have many competitors who are in that position. most of the big guys the legacy groups who have weaker in the short haul space of ryanair. it would be norwegian which is a specific area of geography versus ryanair. time will tell. >> this is europe's largest low-cost carrier trying to reinvent itself or become more attractive to the business traveler. opening new routes including new services offering fast track serv

. >> kenny jacobs will come on, the chief marketing office for ryanair.ng in, giving us half an hour. we will talk how he repositions europe's biggest airline. the low-cost carrier that is ryanair completely changing the buy at their business. that is coming up later. we are also talking to the egyptian investment minister. normally that would not be something i would highlight, but there are reports coming out of the gulf that egypt is going to build a new cairo. we're going to talk about that. goldman sachs -- he'll be talking about the bond markets. and the french economy as well. >> bond markets. you and i had a sitdown yesterday and was looking at the german curve. the rally has been insane. this morning, we go to seven years. who am i to make a call on the? compared to last year, if we can get another year of that -- >> what i want to know is, will the ecb buy negative bonds of germany? >> how far down the curve will they have to go? >> you have got to start at 8, 9 or 10 and go all the way down to 30 each already has a yield of 1% which means once

ryanair has raised its profit forecast for this year on the back of falling oil prices and increasedpassenger numbers. the budget airline saw profits of 40 99 euros to the end of december. they say they'll expect modest profit growth next year with expected cut fares due to falling oil prices. the chairman and chief executive of the third-largest bank -- the banks of the massive outflows of deposits after recent elections. the share prices of 19% short time ago. >> last night was the super bowl but the action wasn't all with the athletes. >> it was on television as well. the super bowl is the biggest advertising event of the year could 61 32nd slots aired during the game come with $4.5 million each. it attracts the biggest brands, and this year's offerings try to sell by tugging at the heartstrings. >> daddy! >> stirring emotions with big budgets. brands spent up to a record $4.5 million for 30-second ads for the super bowl to some capitalized before the game picked off. one was watched 42 milligrams before sunday night. -- one million times before sunday night. ecuador is targeting

the fact that it is bigger than fiat ryanair, is quite phenomenal.e reason we know they are valuing themselves at $19 billion is because they are on the hunt for more money. francine: when you look at the valuation, there is a great article on bloomberg business that said, this is fear of losing out. investors are afraid they will miss the next big thing. if you look at the business model, does it support this valuation? caroline: i have to say, the amount of people using it and the use does make it attractive to many at the moment. looking at the scale of this company, it is important that they've got 200 million active users at the moment. one in three iphone users in the united states have the snapchat app on their phone. guy: do they make money? caroline: they are starting to see how they can monetize this. they are already showing adverts. you start to see the optional adverts disappear as well in the same way the photos and videos do. advertisers are using it. we are also seeing new features. content is becoming key. they are becoming a destina

ryanair is being helped by cheaper fuel. it is 26 past the hour.omberg television is on the markets. scarlet fu has more. >> time for features and focus. last month, $1.9 billion in gold related funds. is gold 2015 run poised to slow down? let's take a step back and look at what has been the recent driver in gold in 2015. >> gold under normal circumstances, would be under higher pressure, also a lot of chatter about the u.s. raising rates. we have seen a big deterioration in the eurozone, questions about whether not greece will maintain within the eurozone. whether or not they do, if they stay within or leave gold prices are going to get the boost up because the fiscal situation is going to continue to deteriorate. there is going to be a lot of question around the u.s. recovery. will it be able to read -- will it be able to maintain? gold got an immediate boost. with the etf influence it shows gold is starting to gain confidence. >> are investors find it? >> i do not think so. i think they are jumping on it. gold had multi-year decline. they are ge

budget airline ryanair is warning lower oil prices could bite into its bottom line.heaper fuel means airlines can cut prices, neck and trigger price wars. profit for this fiscal year will be about $950 million, that's higher than previously forecast. that's the latest world news. we have another update in 45 minutes past the hour. in other news, an important deadline for general motors has come and gone. victims of accidents involving 2.6 million gm cars recalled for faulty ignition switches had until saturday to submit claims. that was an extension from december 31. gm set aside about $.5 billion to pay those who prove they were injured or lost loved ones due to those switches. bloomberg spoke with a man making the judgment calls, ken feinberg, administrator of the conversation fund. >> g.m. was looking at direct evidence. they looked at the car. they looked at the blackbox data with the car. we are much more generous, we are much more lenient in applying a judicial approximate cause standard, based on circumstantial evidence. i'm not surprised the g.m. found 13 dea

it would value the disappearing photo and video app as more than fiat, ryanair, and burberry.ally. another company that snapchat could be worth more than is carlsberg. carlsberg reported earnings today that showed slowing sales as well as the departure of their ceo. caroline, the top line of the earnings is the big management shakeup. >> after seven years at the helm rasmussen is stepping aside. he will be handing over the reins in june. the man who is going to be doing it is cees 't hart. he is the first non-dane to ever run carlsberg. this is the first non-dande to take the helm. he was the chief executive of a dairy company since 2008. it is tough times he is embarking on. fourth-quarter sales that we got today, worse than expected, down 3%. full-year profit was down some 5%. it is all about russia. this is the biggest brewer in russia, the fourth biggest in the world. they own baltika and they are saying, the weakening ruble, the political turmoil in russia, and the fact that the government has been trying to crack down on drinking in russia, they've been trying to curb th

. >> ryanair warning lower oil prices could cut into its bottom line.airlines say the profits will be about $950 million. shares of -- are surging after profit nearly doubled. the company said it plans to eliminate 200 jobs and cut costs by about $108 million. -- is one of 14 people on trial in a carlton affair he resigned as managing director of imf in 2011 for allegedly assaulting a hotel maid. that case was later dropped. >> the denver post here. for those of you on radio, the mayor of whatever in pennsylvania, hugging the beast. for those of you on radio, it is the same film. i see bill murray on the left. six more weeks of winter. >> i wish you could see the angry faces. when am i doing here, why are these men wearing these hats, what is happening, who are you? >> it is not a cuddly thing to hold in your arm. >> technology is not just about ibm, intel. engineering is changing everything across america. it is not just about tech mn day -- m&a. >> every category has a tech component. manufacturing, we sold a company which is one of the biggest softwa

ryanair pitched a sim similar whered that is yet to get off the ground.pring hasn't released what its standing room section would look like, but manufacturers have created prototypes like this one that shows fairly tight quarters, to say the least. the other worst trade would be josh talking about hinge while his wife was watching the program. thankfully she did respond and say is he still welcome to come home. that's good. >> text me, honey. >> all good. >> final trade time. >> long marathon petroleum. >> josh brown. >> trading the tv in my home in for some cash. >> pete. >> go with deutsche bank. >> have a great rest of the bank. power lunch begins now. >> halftime is over. power lunch and the second half of the trading day start right now. >> scott, thank you so much. yes, the dow is rallying triple digits, but you know what the big story is. it is oil. prices surging right now. up 15% in just the past four days. oil stocks, they're going along for the ride. plus, oil, has it finally bottomed? we'll talk about that and more. shares of sinoco, archer da

that suggests strong competition from the likes of easyjet and ryanair.er legacy carriers, they are struggling with structural issues. they have been doing an excellent job of developing an airline model where they do not drag one another down. something lufthansa and air france is struggling to come to grips with. francine: time for other top stories. apple has sent out invitations to an event in san francisco where it is expected to unveil released details for the new smart watch. tim cook first unveiled the watch in september. weight watchers losing the race against fitness gadgets revenue. they fell to 10 -- they fell 10%. fitness tracker such as sit bit -- fitbit has been loring dieters away from traditional dieting programs. airasia has posted a loss of almost $119 million. speaking to bloomberg, the ceo paid tribute to his staff and how they dealt with the tragedy and expressed optimism about the year ahead. >> thailand is booming at the moment. indonesia, despite what happened, when we started re-advertising, sales have gone ahead. it is a tough p

anna: have you talked to michael o'leary and will we see ryanair? mr.thing can happen in the next 10 years. what is clear is only he felt -- only heathrow can deliver what britain needs. connections to global markets more exports for the whole of the u.k. anna: have you been talking to o'leary? mr. holland-kaye: he has been a customer of ours in the past. we had a good relationship and we will see how the market develops. i am delighted about customers wanting to expand heathrow. anna: john holland-kaye, the ceo of heathrow airport. guy: thank you very much indeed. anna edwards, live from the british chamber's annual conference in westminster. more on "the pulse." talking to the ceo of saatchi & saatchi -- not the ceo, the boss. an interesting conversation. hearing from the british prime minister later on. and hearing from ed balls, shadow chancellor. all of that coming up on "the pulse." see you in a moment. ♪ guy: welcome back. you are watching "the pulse." saatchi & saatchi will not be backing the labour party in may. a change of heart for the advert

ryanair has a number of shares as well. the airline pilots association has about 6%.ere are a lot of players in this and they all remain silent and the focus is on the government. we're a 25% shareholder. we don't control the match. we believe that willie walsh and his people have been very upfront and in their discussions with us and the discussions are continuing. >> if you look at the prospects for ireland do you think there is this idea that we can use dublin as a -- for heathrow on transatlantic routes. do you like the idea? is there a concept there that you think could work? the new dublin airport, the new terminal that is brand new and shiny and would be used as that option? >> there are certain advantages of people from the u.k. going through dublin rather than through heathrow. you can preclear customs and immigration and you go fly in if you're in one of the northern english towns you can fly to dublin as easily as flying to heathrow and get through quicker and then you don't have to go through the entry ports into the united states. you can flea fly to a ci

ryanair more hedged than you at 90. mr.eary talked about the airlines with lower hedging has an advantage. how are you going to use that to your advantage? >> well, first of all [indiscernible] to begina a lower cost going forward. contrary to hedged heavily and a cost element. the other thing what we do we will do the same building up to u.s. that's one more key. a key element and strategy. [indiscernible] good position to compete. >> a final question because we have breaking news, where are we in the agreement with the u.s. on the transatlantic? we have been waiting and watching you get a sense it is tough going. when are we going to get an announcement? >> it is a long time overdue. and, obviously, a long time ago. i think only because of competition. prices that we get our customers. that's why they tried to stop us. >> ok thank you very much. bjoern kjos ceo of norwegian air shuttle. >> of breaking news from vladimir putin is the cease-fire with ukraine has been agreed on february 15. he said they are expecting basical

with easy jet and ryanair. now in asia you have air asia, you've got tiger, you've got scoot.. so asia is catching up maybe 20 30 40 years behind. and the issue is whether infrastructure training capabilities experience whether these have kept up. and airlines will not admit it publicly. and many officials will not say it openly. but there is a view that the quality of airmanship in emergency situations -- >> is not as good as it perhaps might be. the planes are built to be flown by the medium to average to lower average. they are not built -- >> that's shocking. >> well that's the reality of the world. airbus and boeing build planes to be flown by pilots that may not be first-class. >> that doesn't make me feel good as a flyer, richard. >> it's a reality. in the same way that cars are built to be driven by the best drivers and the worst drivers. the issue becomes when a crisis happens how do they react. and that is the single biggest issue in aviation at the moment. >> let's talk about ratings, you pointed us to airline ratings.com. rate the airlines and to point out, because