L'Oreal shares fell at the European Open after the French beauty group posted disappointing sales growth in the fourth quarter, held back by its luxury division and weakness in the region that includes China. Sales rose 6% on a like-for-like basis, L’Oréal said in a statement Thursday, missing analysts expectations for an increase of 6.5%. Eirik Lie, Kongsberg’s head of its defense & aerospace business told Bloomberg TV he sees demand for anti-missile and anti-drone systems growing and that the firm wants to expand NASAMS [National Advanced Surface-to-Air Missile System] to be a full-spectrum air defense system. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)