German Growth Is Signaled Weaker, Bosomworth Says
Aug. 7 (Bloomberg) -- German economic growth is showing signs of weakening, potentially putting additional pressure on the European Central Bank, according to Andrew Bosomworth, managing director at Pacific Investment Management Co. in Munich. He discusses the outlook for ECB monetary policy with Manus Cranny, Mark Barton and Caroline Hyde on Bloomberg Television's "Countdown." (Source: Bloomberg)
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The Outlook for SAP Is Rosy, Says CFO Mucic
23:28 - SAP SE reported sales that topped estimates and raised its outlook for the year, as more customers signed up for its flagship S/4 Hana business software. Sales for the third quarter rose 8 percent to 5.4 billion euros ($5.9 billion), SAP reported Friday. That compares with the average 5.3 billion-euro estimate of analysts’ projections compiled by Bloomberg. Operating profit was 1.64 billion euros, just slightly below the 1.65 billion euro average estimate. CFO Luka Mucic discusses business with Guy Johnson in London and Caroline Hyde in Berlin on "Bloomberg Markets: European Open."