unilever was also disappointing.mens coming in strongly and they have managed to navigate some of those supply chains. french banks is pretty solid. the -- gains from 30 points a bit. now you look at the range bound from the benchmark. they dax is gaining 0.4%. the ftse 100 more modest. unilever will be something of a drag there. let us see how things break down sector by sector as we wailed these earnings. -- as we weigh these earnings. industrials are coming out 0.7% seeing as we will be part of that. insurance also up. we have a number of sectors still in the red. in terms of consumer, media, and finance, down between 0.6% and 0.8%. it is about earnings and inflation. we have a chart around cpi and the makeup of this. energy prices really important and have been a driver in terms of what we are seeing when you can break down the conversation of these energy prices for these expectations. services are blue and they have been a strong part of this as well. we have taken part of the inflation pressure coming through.

top ten shareholder says unilever should overhaul another wants the chair to be removed. could have prevented the ceo from raising bids on the consumer health business one to watch >>> and peloton shares surging in extended trade after reports of amazon and nike interested in the deal for the fitness company. the ecommerce giant has been speaking about approaching peloton and nike is considering its own bid. peloton's market value dropped in the past 12 months amid w worries it could not sustain growth rosanna, every time it gets knocked down, it gets back up. shares this morning are strong to the session stateside on the report that nike and amazon are looking at the company what would they want in peloton if they were to consider a takeover attempt looking through the community and research notes peloton has the enthusiastic user base. connected fitness is seen to be the future of fitness given the feedback offered between the fitness programs and users very different to watching a indi video and following along. maybe if peloton is part of the bigger group, that group

among the plmovers, unilever wi no pursue acquisitions quarterly income at siemens is jumping. it avoided supply chain disr disruption credit suisse is down 4% after the lender reported a fourth quarter net loss of 2 billion swiss francs back to you, brian >> rosanna lockwood in london on a super, super thursday. rosanna, thank you very much. >>> let's get to the top stories happening right now. tesla is being sued by california regulators. some people are alleging racial discrimination and harassment at the freemont, california factory. regulators received complaints from workers and did find black workers receiving racial slurs. >>> and wells fargo is expecting to bring employee back in mid march after delays from the pandemic most groups will return into a hybrid, flexible model on march of 14th regardless of vaccination status nearly 250,000 employees from wells fargo set a return to office in september of last year and set a postponement plan indefinitely. >>> and mcdonald's is preparing for the metaverse or probably protecting its real assets in the fake world applying fo

unilever, maker of dove soap an hikes ahead. this year.biden says he knows >>> two u.s. senators are calling on the cia to reveal more details about a secretive program collecting americans' data in bulk and declassified a letter about the program but redacted information on the nature of the data and the senators are raising concern about how the agency searches, stores and handles the information. congress banned bulk collection after the warrantless wiretapping controversy during the bush administration. but the senators say the cia is using an executive order to get around that ban. >>> the u.s. is sending more military power to europe as the standoff with russia over ukraine drags on. four navy destroyers have arrived in the region. president biden is warning americans to leave ukraine now. he says the u.s. will not be able to evacuate them if war breaks out. >> we're dealing with one of the largest armies in the world. it's a very different situation and things could go crazy quickly. i'm hoping that if, in fact, he's foolish enough to go in, he's smart enough not

unilever board it would take to years to return to pass probability because of the worst inflation thatt has seen since the financial crisis, eroding the benefits of faster growth. we will speak with the ceo. >> we think it will peak around the middle of the year. we are anticipating 2 billion euros in the first half, another 1.6 billion euros in the second half. the second half is more uncertain than the first half. we think it will start to taper off toward the end of the year. ♪ matt: this is bloomberg markets. i'm matt miller. as central banks around the world gear up to raise rates in the face of higher inflation, duration risks are rising for investors and investment-grade corporate bonds. joining us is meghan graper, managing director at barclays, along with bloomberg's and hammond. let me first ask you when you make of the comments we just got out jim bullard. he said he wants to see 100 basis points increases from the fed by july 1. he wants to see, implied, at least one 50 basis point move. what do you make of that? meghan: it is consistent with market expectations. it is clea

we saw that with your rivals including consumer goods, but unilever saying that inflationary pressuresill impact possibility for around two years. do you see a similar kind of longer-term impact and in the immediate term, could we see premium brands or certain sectors go up 10%? dolf: we have good visibility on the input cost development for 2022. that is why we are getting more specific guidance on the market expectations for this year. there is limited visibility of input costs for next year and that is exactly where we are cautious. there are different hypotheses out there. what we are starting to see because we are hedging our exposure is that we are starting to also see inflation happening for early next year. again, we would rather be cautious and wait until we have higher visibility on that. francine: what does that mean for the m&a front? i know you are looking at the south african rand. -- brand. and the other opportunities around there because of the inflationary pressure. the prices on raw materials, but do you actually scoop up bargains? dolf: we received very good news yes

look at unilever. up around .5%. evraz splitting off its russian coal business.he stock down around 7%. off of its earlier lows. this is a business a lot of people not be able to hold stakes in. the spitting out from the attention on the business and make concern among some they might have to exit some of those stocks and evraz hit on the back of that. and italian bank reinforces the point. unicredit is up sharply year to date. today it is down. we spent so much time during the european financial crisis talking about this link between the banks and bond markets. if we're going to start to see spreads widening out and start to see this debate coming back onto the table again, another aspect of the banking story in europe you want to pay attention to. unicredit not down a lot, but down 1.1%. guy: -- kailey: let's continue the conversation about the linkages in the bond market and equity market. joining us is rebecca chatsworth , state street senior equity strategist. jp morgan sent we are not going to seat the federal reserve or ecb move further into hawkish territ

unilever has other plans. have you spoken to the ceo about the bid?ve been very clear and very public since the news of this emerged in our price release -- in our press release statements that obviously, gsk's priority, in fact, since we announced 2d emerge -- announced to demerge, it has been about transparency. we did reject them unanimously, alongside joint venture partners as well, just for fundamentally undervaluing what we have built in this pure play consumer business, and particularly its future prospects for growth. we've had a lot of support, some of it very public, from our shareholders, who we listen to and talk to a lot, about continuing with the plan forward , and we have a great capital markets day coming up on february 28, when we are going to bring a lot more visibility to the above market growth prospects for this business, sustainable margin expansion, and the unique portfolio manager and great portfolio team. jonathan: is he aware of what your price is? i don't expect you to negotiate with me now, but does he know what the price i

similar story for unilever.lyst saying their margin for the next two years, profit ability will be difficult because of rising inflation is ugly. on the other hand, disney up 5.9%, a great quarter. beat profits by more than 85%, having everything to do with parks. subscribers very strong. they are saying that the disney+ streaming service is likely to accelerate into the second half of the year, really going right past netflix. uber also going fast, no pun intended, up four point 1%. a great quarter. their outlook strong. also the diversification of delivery very important there. guy: we will be talking to aston martin a little bit later on and get all of my car enthusiasm out at that point. we need to refocus now on what is happening with the story you have been focusing on, and that is the impact of inflation. the annual inflation rate in the united states hitting a little earlier today a four decade high, 7.5 percent. that is the headline number. the latest consumer price index rose last month significantly m

do you see an end in sight, and i'm thinking of unilever today. they don't seem to have the pricing power that disney has. >> yeah. a lot of companies don't. or if they have, they've been able to pass input costs to the consumer, but i'm not sure that that would continue. when it comes to disney if, you know, when you look underneath the earning report and see that parks and products and stuff, 7.2 billion, double quarter over last year's quarter, that's stunning. but can it continue? that's a one-off company that depends on people that are pent up fromming being locked none a pandemic. so, yeah, input costs, i still think we're going to see earnings growth in 2022, it's just that multiples will continue to contract because i don't think we can pass on the input costs to the consumer. lauren: and the theme is margin pressure. every company is feeling it, and only some are able to consecutively raise prices. peter, we heard from jim bullard. we heard that the market's pricing in the fed's going to go 50 in march. we get one more cpi print before th

have the brand strength, they'll push it to consumers coca-cola this morning, pepsi this morning, unilever talking about this morning there's a huge and growing list around this. of course, those are just some of the companies that are disney which continued to see strength despite the fact it was rising prices across many different segments on the flip side, you have other companies that are still struggling with some of the higher costs that maybe don't have as much pricing power in the marketplace or maybe aren't consumer facing and will have to absorb some of the costs i mean, this is inflation is something that is affecting every corner of the economy right now. we're going to be speaking to the ceo of huntington ingals industry in the next hour. you're seeing it affect margins supply chain issues for national security is concerned. nonetheless, mike, to the point you made, we've had a number of fed officials in the last couple of days basically tamp down or at least try to calm some of those greatest aggressive hiking fears that are playing out in the market right now how large the r

related concepts are also supported by our one source coalition including aba and the beverages, plus unilever, the national recycling coalition, and many others. almost 900,000 wwf supporters have echoed this call for change. the wwf and aba principles reflect the very same concepts you, chairman carper, and others have elevated many times in comments both to the epa and other hearings. extended producer responsibility, phase outs of truly unnecessary and problematic materials, accountability and oversight tied to circular economy objectives and projections to achieve public health. we also hope a national deposit return system will be included in the system. 20 more seconds. the break free from plastic pollution act introduced by senator merkley is the high water mark as articulated before. wwf, aba and many others support break free concepts. we hope stand alone legislation will ultimately pass. we also hope this chamber will make the most of moving vehicles, including to secure public/private investments in infrastructure and national deposit return system, and a virgin plastic fee such as

we got some movers starting with unilever which is a vast supplier.ill differ by market. we also know they raise prices by 3% last quarter. if you look at that, prices are up 130%. that is eating at their margins. rbc says there. raise prices is limited. that is a head wind. stuart: i don't know whether pepsi reported this morning the stock is down one%. lauren: they are calling labor price pressures, aluminum costs, relentless. stuart: disney started out well and are still doing well. lauren: record margins. they are getting back to pre-covid levels without the international tourist, their per capita spending increasing 40%. the consumer is spending money to do stuff. stuart: expensive places to be. a different subject. joe rogan turned downs offer to leave spotify. rogan was censored. i used to think it was just social media that did the censoring. now the audio platforms getting into the act. >> it is our culture. sometimes it is social media, sometimes corporate america and podcasting. spotify made a mistake. they try to differentiate themselves.

how tell us about your recent decision to reject three bids for that consumer health care unit for unileverormance for 2021, and good momentum into 2022 which is as you said going to be a landmark year both because it's going to be about a step change in performance for gsk the biopharma business with new reported growth. we're very happy to give our guidance for that today, but also because it is the year and a matter of months where we plan to demerge our consumer business and create this new company. obviously, we have said when i announced the pfizer deal which was followed on for a series of strategic moves for many years to create this consumer business, and we announce the intent to separate we had our priority for that was always shareholder value creation and that's exactly the lens, along with the opportunity to strengthen the gsk biopharma balance sheet. that's exactly the lens that the board looked at these unsolicited offers through and with that due responsibility taken, there was a unanimous rejection alongside our joint venture partners, i shouldsay because it fundamentally