bp will take on 500 woolworth branded outlets.he funds will shore up will worth's balance -- woolworth's balance sheet. betty: they are deepening with deliveries to top customers over the next two years. handovers originally planned for shipped --18 will be 2018 will be shifted to a year later. the airbus still plans to deliver about 12a380's through 2018. innne: economic improvement the quarter with gains across all industries in the beige book. at the new york private survey found revenue profits, jobs, and capital expenditures rose for the third period on new orders for stable. growth metrics in the world number two economy gained virtually across the board with on your improvement described as dramatic. let us assess all of that right now and with china's challenges as well, carlo casanova. good to have you. we already see the economists raising their forecast for china 2017. you are not as optimistic. i want to get your take on that. why? >> we feel like it will shift away from long-term reforms and words stability in the sho

bp in focus, buying woolworth's australian gas stations for 1.3 billion u.s.ollars, around 1.79 australian dollars, billions of course. moving further into the australian gas station market. this will cement the london-based oil company as one of the nation's biggest fuel providers. , the u.k.s homebuilder, expect volume delivery for 2016 to be lower than anticipated, between 3960 and 4000 homes. the number will depend on the extent of legal completions in the remaining days of the year. they attribute this to -- they are talking about lower-than-expected reduction across sites during the month of december, resulting in around 180 private homes which were expected to be complete in 2016 now deferred into 2017. lufthansa -- keep an eye on the german airline. lufthansa considering closer alliance with the abu dhabi rival. a german newspaper citing a fund manager saying lufthansa -- a fund manager, shareholder investment. they could have codesharing agreements for flights with die welt. the market open, futures pointing to moves to the upside. ♪ anchor: good morn

will take on some 500 woolworth's branded outlets.the funds will show up woolworth's balance sheet in its fight to regain market share in the supermarket business. struggle deepening. six aircrafts to emirates will be shifted to a year later. airier this month, iran came to [indiscernible] latest china beige book reports shows economic in the fourth quarter with gains across all industries. andnue, profit, profits jobs were on the rise. new orders have been pretty much stable. growth metrics gained virtually across the board. yu just getting on thisan -- just getting on this yuan. let's discuss that. fortrajectory has been gradual weakness. it's only natural. indies. i think the cdc is trying to stabilize the army against the dollar as well. nb against the dollar as well. it is trying to manage expectations amongst chinese households and incorporates. you don't have this very mechanical and one-sided depreciation expectations. we do not expected to break seven this year. but next year, it is a different story. rishaad: this year held

. >> from my research it turns out it's really an american tradition started by fw woolworth when he started importing glass ornaments from germany. there is a german background, but it's a lot more of an in the tree it's disguised a little bit. >> i have hidden the pickle in granny's tree so you can find that. >> that's fun for kids. i'm glad tiff mentioned the educational part of it. i think all of those things look really cool, but if you know something about it and looking for it it makes it that much more exciting for adults and kids. >> absolutely. it's a rich place and the devil is in the details. it's just, every corner is decorated and detailed so -- >> it's now t that people can visit right? >> absolutely. >> wonderful. members who are part of the museum, members get free general admission every day. free admission to special member events and discounts to events like breakfast with santa which you mentioned. family memberships start at $115 and pay for themselves if you go just two times. we have that information on the screen you can find out more by visiting the website

. >>> bp is buying a chain of gas stations from woolworths for $1.3 billion.up a half percent today. >>> hitachi is considering the sale of its power tools business. the move following reports that the company is in talks with kkr on a deal worth $1.3 billion that could be reached sometime next month. >>> lloyds banking group making moves ahead of the uk's planned exit of the european union. the financial times is reporting that the bank is creating a subsidiary in germany or the nether lands in an effort to ensure it can maintain clients in those countries and ensure it has access to the european payment system. it's the only london-based bank without a subsidiary in another eu country. >> and it matters less to lloyds it has less banking revenue which will be threatened. and less european revenue. s no a massive brexit factor story. >> time for top trending news. celebrities from around the world paying tribute to carrie fisher last night. the iconic actress best known for her role as princess leia in the "star wars" film series passing away. mark hamill say

bp will pay $1.3 billion for woolworth's network of australian petrol stations.will acquire 527 fuel outlets , as well as 16 development sites. the deal will cement bp as one of the country's biggest fuel providers. south korea's antitrust regulator has slept a record $853 million fine on welcome. companysion says the licensed its key patents only to mobilephone makers and did not properly negotiate licenses. this is the latest actions that threaten the u.s. chipmaker. qualcomm called the decision unprecedented and unsupportable, saying it will appeal. that is the bloomberg business flash. francine: they do so much. brexit, trump, and the return of opec were shockwaves that hit the markets in 2016. the consequences will rebound through 2017. investors expect inflation and further political instability. for more on the opportunities, i will get back to geoffrey yu. before we get to the opportunities, what is your main risk? geoffrey: if we are wrong on the dollar call, and we actually have a strong dollar and strong growth, and trump delivers on spending plans, an

. >>> and bp buying a chain of gas stations from supermarket giant woolworths for $1.3 billion. deal adding 500 stations to bp's growing footprint in australia. >>> hitachi is considering the sale of its power tools business. the move following reports that the company is in talks with kkr on a deal worth $1.3 billion that could be reached sometime next month. >>> we talk about this a little, carrie fisher died yesterday at the age of 60. she had been hospitalized after suffering a heart attack while flying from london to los angeles. kurt gregory has more. >> reporter: carrie fisher was born in 1956 into entertainment royalty. the daughter of pop singer eddie fisher and actress debbie reynolds. at the age of 15, appearing as a singer on broadway's irene. her film debut was in 1975 in the comedy "shampoo." >> i don't know what you're talking about where e. >> reporte. >> reporter: two years later she blasted off to stardom in "star wars." she would return in empire strikes back and return of the jedi. sharing her time on movie sets and on broadway. behind the curtain fisher batt