17 Burst results for "Charlie Papa Bloomberg"

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 4 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"Eight dot net as we've been reporting shortly after mayor bill de Blasio said the city's schools will be closed for the rest of the academic year governor Andrew Cuomo said the mayor lacks the authority to do that in the mayor's position which is you want to close until June and we may do that but we're going to do it in a coordinated sense with the other localities the others meaning New Jersey and Connecticut nursing homes have been particularly hard hit during this pandemic The New York Times reports in all nearly two thousand residents of nursing homes have died in the outbreak in the New York region which includes New Jersey and thousands of other residents are sick as of yesterday more than half of new York's six hundred thirteen licensed nursing homes had reported coronavirus infections and deaths Japan's three biggest automakers are poised to add almost thirty two thousand people to the unprecedented ranks of north American workers seeking unemployment benefits more from Bloomberg's Charlie palette while Toyota is not following any of its direct employees in the U. S. Canada or Mexico the car maker says it will no longer pay the roughly five thousand people but temp agencies employ to help staff it's idle plants in the region the company says it will continue to provide benefits for the time being Toyota's north American unit announced a cost cutting move a day after Japanese peers Honda motor and Nissan motor said they would temporarily stop paying all staff of their idol do you S. plans and asked them to file for state unemployment benefits Charlie Papa Bloomberg radio global news twenty four hours a day on air and on QuickTake by Bloomberg powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna.

bill de Blasio Andrew Cuomo New Jersey Connecticut The New York Times new York Japan Bloomberg Toyota Canada Mexico Honda Nissan Charlie Papa Bloomberg
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:30 min | 6 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"And female actors Chris Hemsworth seventy six million and Robert Downey junior was sixty six million Sofia Vergara made forty four million and Reese Witherspoon thirty five million I'm Kerry she maker Nickelodeon star Amanda Bynes is getting married the thirty three year old bonds restored and all that and the Amanda show back in the nineteen nineties made headlines back in twenty twelve for series of arrests and drug use but is now saying the sober for instance and I'm mark mills in the Bloomberg radio news room Japan's gross domestic product shrank at an annualized pace of six point three percent from the previous quarter in the three months ending in December well beyond the three point eight percent tip forecast by economists Japan may be slipping into recession after sales tax hike in the last quarter left it at a low ebb just as the corona virus outbreak in activity of the start of twenty twenty prime minister Shinzo Ave may have to consider new stimulus spending to promote growth US financial markets are closed for the president's day holiday international markets are trading European shares rose after Chinese stocks advanced with investors encouraged by China's pledges to support its economy in the face of the corona virus outbreak shares in Japan fell after the worst nominal GDP performance since prime minister Shinzo Ave took office the foot two one hundred in London gaining about two tenths percent that action Germany up about a tenth of a percent Japan's Nikkei finished seven tenths percent lower car sales in China plunged to fresh lows in January more from Bloomberg Charlie Pellett mark the deadly coronavirus spread kept buyers away from show rooms intensifying the gloom hanging over the industry the China association of automobile manufacturers said sales to dealerships fell twenty percent to one point six one million cars last month that is the biggest monthly drop since January two thousand twelve the outbreak is exacerbating manufacturing dealership blows in the world's biggest market which is also being hit by a slowing economy and trade tensions Charlie Papa Bloomberg radio the lan must first electric car plant in Europe is facing legal delays that could set the project back by several months after court said clearing of a forest near Berlin for the Tesla factory must stop immediately while it considers a challenge by environmentalists global news twenty four hours a day on air and on quick take by Bloomberg powered by more than twenty seven hundred journalists and analysts to more than one hundred twenty countries I'm mark mills this this is Bloomberg.

Charlie Papa Bloomberg Charlie Pellett twenty twenty Nickelodeon Reese Witherspoon Chris Hemsworth Bloomberg Tesla factory Berlin Europe Robert Downey Germany London China president
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:04 min | 7 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"I'm Christopher Cruz and I'm Susanna Palmer from Bloomberg world headquarters China has announced a new top liaison official for Hong Kong replacing the former director amid months of protests in the financial hub the official Xinhua news agency reports Lou haunting will take over from Huang's union as the Hong Kong liaison office director tells was back on top Tesla delivered a record one hundred twelve thousand vehicles in the fourth quarter and has begun production at a new factory near Shanghai with the stock soaring to close Friday at an all time high of four hundred forty three dollars a one cent a share Tesla's market cap finish the week to short of eighty billion dollars that's more than double Ford's value and the model why it's next crossover SUV is slated to launch this summer one imports is said to be planning a significant increase in store closings more on that from Bloomberg's Charlie Pellett it comes as the distressed home furnishings chain seeks to cut costs and turn around operations sources tell Bloomberg the company expects to announce a new round of shut downs when it reports results for its third fiscal quarter this coming week sources say the company aims to restructure out of court in part by closing stores and using the savings to boost liquidity Charlie Papa Bloomberg radio vogue Italia the Italian version of vogue magazine what have photographs in its first issue of the new year imagine that with an eye towards sustainability Italian has put in fashion illustrations instead of photos it's trying to reduce the environmental impact associated with staging fashion photo shoots around the globe it was a mixed picture for stocks this week the S. and P. five hundred fell two tenths of one percent the Dow dropped less than a tenth of one percent the nasdaq was up two tenths of one percent global news twenty four hours a day on air and on quick take by Bloomberg powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg.

Ford vogue Italia Charlie Papa Bloomberg Hong Kong Xinhua vogue magazine Charlie Pellett Bloomberg Christopher Cruz Shanghai Tesla Huang Lou haunting director official China
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

09:48 min | 8 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"And managers from newspapers TV stations an Associated Press news rooms around the world have voted on the year's top stories as Christopher Cruz reports president trump figured in the top three the poll found the drive by the democratic led house of representatives to impeach president trump was the top news story of twenty nineteen Mr trump also figured in the second and third biggest stories of the year the fallout over his immigration policies and the investigation by special counsel Robert Muller into whether his election campaign coordinated with Russia the mass shooting at a high school in parkland Florida was voted the top news story of twenty eighteen I'm Christopher Cruz California wine makers who hosted a wind cave dinner that attracted so much attention on the democratic debate stage this week are defending the fundraiser for people to judge saying it was unfairly portrayed it wasn't that spend the they didn't even serve the most expensive wine and they're not sure any billionaire's attended Jim Johnson and I'm Susanna Palmer from Bloomberg world headquarters Bloomberg has learned the U. S. securities and exchange commission as market makers to hand over data and other information showing how trading is conducted on the opening day of high profile offerings at the New York Stock Exchange the inquiry's span a number of market debuts for so called unicorns including slack technologies PGA any Corp creditors trying to save their bid to take control of the bankrupt utility's restructuring sweeten their offer to wild fire victims and made new proposals aimed at winning over governor Gavin Newsom in a letter to new some creditors said they are prepared to pay the victims thirteen and a half billion dollars in cash up front instead of using stock in the reorganized company to finance half of the settlement all these group as a you said it would halt operations on the Nord stream to pipeline from Russia to Germany this as president trump approve sanctions targeting the project critics say it will bind Europe more tightly to Moscow meantime Russian energy company Gazprom and Ukraine reached a landmark agreement that will allow Russian gas to flow to Europe via its neighbors to the end of twenty twenty four and settle all of the related legal disputes this even as the U. S. impose sanctions on that separate Russian pipeline project in the Baltic a defining moment in the history of the oil refining and shipping industries is at hand Bloomberg's Charlie Pellett explains in just a matter of days thousands of ships the world over will be forced to use fuel containing less soul for in order to comply with global rules set out by the international maritime organization those who don't could face penalties and even imprisonment ports will be deploying drones to literally sniff out wrongdoers the regulations are having a profound effect on oil refineries and the cost of seaborne trade looks set to rise Charlie Papa Bloomberg radio global news twenty four hours a day on air and on quick take by Bloomberg power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg what radio bring you news comments and insights from Bloomberg opinions worldwide team of editors and columnists I'm your host Jim Ross so this week the key motivation for T. mobile buying sprint also on the show why you shouldn't expect a neutral jury of president trump's impeachment trial plus how angry mobs of online shoppers are not real life but first drug makers are used to rapid regulatory approval but twenty nineteen has shown that may be changing Roche holdings four point seven billion dollar purchase of gene therapy developer spark therapeutics finally close this week after a ten month regulatory saga Max Neeson Bloomberg opinion health care columnist writes that potential acquirers and targets in this corner of the MNA market should take note not to mention investors and he's here with us so Max tells what happened with this purchase of spark yeah absolutely so Roche's buying this company I'm large part because it has a gene therapy in development for Steve aphelia sewer treatment of patients with would take once and could potentially reduce the need for them to use clotting factors to use other drugs for years to come potentially permanently although the longevity of the therapies this is not entirely be determined regulators became concerned because Roche itself has one of the best selling hemophilia drugs in the world so they were worried about the potential anti competitive impact of of this deal no that doesn't make a ton of sense for for anyone observing from the outside all for one new you that's a lot of money to spend to kill treatment and the second is that sparks in the Philly gene therapy is not the only one out there it's it's one of I think three maybe four even more down the line so if bush killed it it wouldn't be doing itself much good if you know if any of you is going to cannibalize had leave rights drug you want students to its self so but ten months doesn't seem like a whole lot when you consider a lot of other purchases in different areas yeah I'd buy the spectrum love for you know in the context of other regulated industries that that's not so long at all but especially when it comes to your farm biotech acquisitions of around the size it's more common to see like forty days that is really small ones just because you know that the competitive dynamics are such that you know companies are generally buying other companies to spank their treatments they have every incentive to get them to market their their cases where there's the direct competition where where it may warrant a closer look but you know this this didn't immediately appear to be one of those which is why I think it it sort of has investors and and companies worried that there might be a higher bar going forward now what happened with Bristol Myers yes so this is the other sort of being again be gaining trust a look of of of this past year and be doing this is a much larger acquisitions seventy six billion dollars lots of different drugs lots of overlap of potential overlap but I I don't think that anyone really expected that the area that regulators with which kind of focus on was in on a couple of treatments for psoriasis so Bristol has a drug on the market so gene has a drug on the market and personal letters has a drug in development but none of them are the same category not the same type of drug and the the notion that there would be some potentially anti competitive incentive for Bristol to slow down the development of its drug which isn't even going to hit the market until it has gone to cell gene drug individually to soul was starting to face patent expiration dates and other thing just to just to I believe that there are probably too many healthcare mergers that there are a lot of there are a lot of negative consequences to consolidation played these specific instances are are not those so it it really did make a ton of sense but it does sort of indicate that the FTC is willing to kind of give the green light is easily easy used to so there these are not necessarily one off delays there might be a deeper meaning behind them I I I have to think so because you if if they were one of two ways you would think you would be instances where there was actually a more significant are obvious or compelling AT competitive rainy trust risk also does seem to indicate you know broader trend towards more enforcement and one that is likely or has the potential to grow more cute it depending on what happens in next year's election is a Republican administration traditionally a little easier on the the NHS front and if you look at and the platforms of some of the democratic candidates for president they specifically call out healthcare consolidation as a risk so you know it it's looking a little scarier now could get a lot worse in the future I I don't think these two deals in isolation or going to you know hold biotech and an eight by eight it does signal us something that has been a worry to pass that might be in the future it is it just the F. T. C. that regulates these order the justice department get involved as well need dean's case by case basis new justice department in either of these these cases and but you it has got involved in previous health coverage yeah no I usually just have to see what is there too much consolidation the area or the right yes and no in the sense that any any market power in healthcare is going to be used and abused we see it all the time in in how can our drugs are priced and if you if you consolidate your just concentrating that in in a single area but on the other hand there's a duplicate of research too many people doing the same things maybe some kind of been having fewer larger companies but you know I I if you're gonna get worried about consolidation health care I'm worried about providers name drug makers all right a lot of stuff on the healthcare front that's for sure thanks Max that's Max Mason Bloomberg opinion healthcare columnist coming up on Bloomberg opinion.

Christopher Cruz Associated Press president
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:05 min | 8 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"Crossed the Potomac I'm for server and I'm Susanna Palmer from Bloomberg world headquarters Bloomberg has learned the U. S. securities and exchange commission as market makers to hand over data and other information showing how trading is conducted on the opening day of high profile offerings at the New York Stock Exchange the inquiry's span a number of market debuts for so called unicorns including slack technologies PGA any Corp creditors trying to save their bid to take control of the bankrupt utility's restructuring sweeten their offer to wild fire victims and made new proposals aimed at winning over governor Gavin Newsom in a letter to Newsome creditors said they are prepared to pay the victims thirteen and a half billion dollars in cash up front instead of using stock in the reorganized company to finance half of the settlement all these group as a you said it would halt operations on the Nord stream to pipeline from Russia to Germany this as president trump approve sanctions targeting the project critics say it will bind Europe more tightly to Moscow meantime Russian energy company Gazprom and Ukraine reached a landmark agreement that will allow Russian gas to flow to Europe via its neighbor through the end of twenty twenty four and settle all of the related legal disputes this even as the U. S. impose sanctions on that separate Russian pipeline project in the Baltic a defining moment in the history of the oil refining and shipping industries is at hand Bloomberg's Charlie Pellett explains in just a matter of days thousands of ships the world over will be forced to use fuel containing less sulfur in order to comply with global rules set out by the international maritime organization those who don't could face penalties and even imprisonment ports will be deploying drones to literally sniff out wrongdoers the regulations are having a profound effect on oil refineries and the cost of seaborne trade looks set to rise Charlie Papa Bloomberg radio global news twenty four hours a day on air and on quick take by Bloomberg powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg this is.

Baltic Charlie Papa Bloomberg Moscow president Newsome New York Bloomberg world oil refineries Charlie Pellett Susanna Palmer Ukraine Gazprom Europe Germany Russia Gavin Newsom PGA Bloomberg
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:09 min | 8 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"The world's first all electric fire truck may be coming to northern California fire department in the Silicon Valley city of Menlo Park the hot bed of the nation's tech industry was contacted by an Austrian firefighting tech company three years ago and amid a cloud of skepticism in apartments mechanic Rudy Torres dove into the schematic and found with less moving parts the trucks will be easier and less expensive to maintain as says if a contract is signed to get it we're going to be one of the premier fire districts there will be a backup battery on the truck to avoid any unfortunate or untimely dead battery issues but with most emergency short distances and averaging about thirty minutes might not be an issue I'm Jim route Sally field is the latest star to join Jane Fonda's weekly climate protests in Washington DC she left yesterday's rainy demonstration in front of the capitol in hand cuffs previous protests to sing actress Diane lane and Ben and Jerry's co founders of Fonda onion Kate's and I'm Susanna Palmer from Bloomberg world headquarters Boris Johnsons election victory in the UK may help him take Britain out of the European Union but it could threaten the survival of the United Kingdom of England Scotland Wales and Northern Ireland Scotland and Northern Ireland didn't vote for breaks it and they didn't join in the conservative landslide that swept neighboring England on Thursday that's fueling demands in Scotland for another vote on independence Bloomberg has learned the US justice department is preparing a lawsuit against live nation entertainment over alleged violations of conditions imposed on the company I regulators back when it bought Ticketmaster nearly a decade ago the department's anti trust division approved the merger in twenty ten after imposing a host of roles that were intended to protect competition in live music promotion and ticketing that agreement expires next year and the division has been investigating complaints from industry players that it isn't working as intended Mercedes Benz is putting off the U. S. debut of its first electric vehicle by a year more from Bloomberg Charlie Pellett it is the latest sign of just how difficult a time auto makers are having replicating Tesla's success die millers luxury brand will start sales of the E. QC crossover in twenty twenty one rather than early next year the German carmaker said in an emailed statement that it made the strategic decision to for support growing demand for the model in Europe where deliveries began earlier this year Charlie Papa Bloomberg radio fort night players got the exclusive treatment a sneak peek of a scene from Walt Disney's Star Wars the rise of sky Walker it was embedded in the video game a week before it hits theaters global news twenty four hours a day on air and on quick take by Bloomberg power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg welcome to Bloomberg long I'm June Grasso I had missed our president trump is a house vote away from being the third president in our country to be in he.

California
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:47 min | 8 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"I'm in Kate's and I'm Susanna Palmer from Bloomberg world headquarters China has expressed cautious optimism about an agreement to start dialing down a trade war that it blames the US for starting Chinese experts and news media said today that the deal would reduce uncertainty for companies and lay the foundation for further talks they remain conscious though saying both sides will have to compromise to resolve their dispute the two countries announced a phase one agreements yesterday Boris Johnsons election victory may help him take Britain out of the European Union but it could threaten the survival of the United Kingdom are England Scotland Wales and Northern Ireland Scotland and Northern Ireland didn't vote for breaks it and they didn't join in the conservative landslide that swept neighboring England on Thursday that's fueling demands in Scotland for a vote on independence Taylor swift renewed her criticism of private equity more on that from the merge Charlie Pellett she is calling out the Carlyle group and the Soros family for helping her nemesis scooter Braun purchased the rights to her old music in a speech at a Billboard women in music event last week she called the increasing presence of private equity in the music industry quote a potentially harmful force decrying that the firms are on regulated and quote buying up on music as if it is real estate swift took direction ons of Soros Carlisle and the sports in media focused investment firm twenty three capital for helping music manager bronze ethical holdings by her old catalog Charlie Papa Bloomberg radio US stocks were up for the week of the S. and P. five hundred hit another record it's up twenty six point four percent with just a couple of weeks left to go in the trading here global news twenty four hours a day on air and on quick take by Bloomberg power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg well if you need on radio for you news comments and insights from Bloomberg opinions worldwide team of editors and columnists I'm your host Jim Brosseau this week Bloomberg opinion com this Noah Feldman on testifying at the congressional impeachment hearings also on the show why Facebook just can't seem to beat the Russians plus how satellites are changing the night sky as we know it but first earlier this week Saudi Aramco made its trading debut following the biggest IPO ever which valued the company at one point seven trillion dollars the shares surged ten percent putting around because market cap at a record one point eight trillion within striking distance of the emblematic two trillion dollar figures sought by the crown prince Liam Denning Bloomberg opinion energy columnist is here so Liam you wrote a column that put the Saudi Aramco valuation at just under one point five trillion dollars were you wrong in your projections after seeing how it popped on the first day of trading well you know wrong is an ambiguous I think particularly insulin about the Aramco IPO the way to think about this is you know whenever you go to a bank and you want to sell a company or you want to sell shares are you want to you know by a company nine times out of ten the client already has a number in mind now when it comes to prince Mohammad bin Salman and the sale of Saudi Aramco he definitely had a figure in mind it was two trillion dollars any told everyone that number you know even before we got close to having the IPO and that number is kind of subtle design ever since it was first mentioned which let's not forget was almost four years ago this is been a long time coming as so when when I valued Saudi Aramco him when lots of other people valued Saudi Aramco it was on under the impression that this was going to be you know recently regular I PO that be a road show it would be listed somewhere like Hong Kong or London or New York in the end it was listed in Riyadh now just to give you a sense of how big re ADS stock market is you know the average daily turnover of the entire market is less than a ton of of one oil company Exxon Mobil so when we talk about the valuation and I'm sort of making a bunnies with you OR is right now all of Saudi Aramco it's it's been very narrowly defined in the way it's been I peeled only one and a half percent of the company has been listed the the ten percent pop on the first day of trading was based on the turn of a all of I think was point zero one six percent of the shares outstanding so clearly anyone is is is quite entitled to take that as a price signal I would probably reserve judgment on that so what led to this pop well I think it's partly because of the way the the IPO was stage managed and you know this is been kind of the theme of some of my recent columns which is that you know the way to think about the Aramco what is in one sense yes it's an IPO a company is selling shares in itself another way to think of it is I think of it as an exercise in selling the Saudi Arabian dream you know it was the this IPO who was part of prince Mohammed bin summons you know vision for reforming the economy from making Saudi Arabia stronger as kind of a coming out party in some ways the shares were sold to Saudi Arabian citizens as as almost liberty bonds you know and and they were even given bank loans to help them buy it so when we think about this popping the share price we have to think about the way the shares were sold in a very narrow way there's a reason and he sold it domestically even though they could have gotten more money at a lower valuation if they've gone to bigger pools of finance in places like New York or London they they they instead opted for a very narrow IPO because that would give them the high a kind of headline number so it has nowhere to go but down I'm I actually think you know at least for the next six months or so it's probably more likely to go up or stay where it is that's partly because there was a you know as often happens with the privatization of a national champion that's a heavy retell element you're selling to the citizens of the country and in this particular instance you know the government bent over backwards to kind of gin up not just patriotic fervor but but also you know a reason to buy the shares and hold on to them so if you're Saudi citizen and you buy the shares if you hold them for six months if you don't sell them you get bonus says at the end of those six months the government has also guaranteed the dividend for the first five years of the company which is quite unusual particularly when your main product is oil in the price of that can move all over the place in in in essence what they saw people is sort of like a a preferred shares almost bond like so there's a lot of incentive for the early buyers to hold on to their shares you may not actually see it move that much the big test for Aramco will be what if and when it ever does a more global offering if ever less on a a New York Stock Exchange or or London Stock Exchange or something like that that's when it will be subjected to the kind of valuation than the risk tolerance of international investors who are not you know as bound to the fate of Riyadh as a Saudi citizens so is there any value in it being now the world's largest public companies surpassing apple what does that do perhaps for his vision for Saudi Arabia well I mean does it does a couple of benefits of one is there is the political benefit he has you know ostensibly delivered on the small stone that this thing that was announced four years ago it's brought in some money on the other hand is this you know apples to apples comparison with a company like apple you know with the daily turnover is in the shares is more like I don't know six of seven billion.

Kate Susanna Palmer China Bloomberg
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:05 min | 9 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"And I'm Susanna Palmer from Bloomberg world headquarters Berkshire Hathaway's operating profit jumped fourteen percent to a record this as Warren Buffett's company saw gains from its railroading got some long awaited earnings from Kraft Heinz operating earnings climbed to seven point eighty six billion dollars in the third quarter revenue climbed to two point four percent on increases from Berkshires insurers and manufacturing businesses the results pushed buff its cash pile to a record one hundred twenty eight billion dollars Bloomberg has learned Saudi crown prince Mohammed bin Salman finally gave the go ahead for the initial public offering of Aramco the partial privatization of the huge oil company will be a deal like few others and the biggest change to the Saudi oil industry since the company was nationalized back in the nineteen seventies a conservative government in the U. K. has banned hydraulic fracturing or fracking as a means to harvest gas from shale the move effectively bans new wells using hydraulic fracturing and ships the ground for companies in the U. K. ministers decided to implement a ban on new permits after new scientific evidence from the oil and gas authority down that it's not possible to accurately predict the probability and magnitude of earthquakes that are caused by fracking Hong Kong protests are crushing hotel demand hitting the results of US companies more from Bloomberg Charlie Pellett Hyatt hotels saw revenue per available room more Rev par plummet more than fifty percent in Hong Kong this month that follows a roughly thirty six percent decrease during the three months ended in September Hilton worldwide holdings is having similar issues CEO Christopher no set a set Hong Kong Rev par fell forty percent in the third quarter Charlie Papa Bloomberg radio local news twenty four hours a day on air and it took took on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg I'm very results you're listening to a masters in.

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:59 min | 10 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"Of oil fields in Brazil could be the priciest ever so between us he said the government and private compensations to Petrograd deduction can move around fifty billion dollars Ross is Brazil's state controlled oil company and Bloomberg Sabrina valets as energy giants are willing to pay up because they're getting access to working oil fields in this case not only the oil is there but it's on the production so whoever answers this area will by not only reserves but production as well and that means cash generation right away fourteen companies have signed up expectations are high around axon companies like shell so called B. T. the rolling for deep sea deposits of could hold fifteen billion barrels of oil almost twice as much as Norway's reserves spread across an area about the size of Ohio I'm Charlie Papa Bloomberg radio the life blood of tech start ups isn't just money its executive and technical skills the kind of skills that companies need to build real products and the skills that venture capitalist Chris Sutton of Edison partners season the graduates that are coming out of New Jersey institute of technology the amazing thing about NJ T. as their graduates they have multiple offers on average not just one they're coming out with a real skill sets that are immediately higher herbal and fail to them I think we see an understanding by the faculty and administration at NJ T. that we got a train and educate the holster not just there to one side of the brain I do think that sort of part of the DNA today practical and they're sort of academia and merging those two together and understanding that if we're gonna have our young people go get great jobs and have very successful careers they got have both sides to bring activated and I think we see that we then J. I. T. New Jersey institute of technology learn more at NJ I. T. dot E. D. U. she is is just a really really good guy the term good day isn't enough to describe is also certified organic and free range which puts the cap back on everything the toothpaste a low voice every day and he lets his ten year old nephew beat him that virtual tennis even though he can street of sleigh after the when the toilet paper is running low which replaces the role on the actual holder not just on the back of the toilet texting and driving each what do you do in which I was just telling everyone how great you are texting and driving makes people look bad visits text stop rex dot org a public service announcement brought to you by the national highway traffic safety administration and the ad council now the new to report US.

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:24 min | 10 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"In after hours trading as the company posted its first profit in almost a year Bloomberg's a blood lab reports from San Francisco almost nobody saw it coming but cost cuts that Tesla's Freeman plans and deferred revenue from auto pilot delivered apiece the margins and ultimately a profit Tesla did make critical deliveries in the third quarter but revenue dropped to six point three billion dollars in fact it was the first year on year revenue decline since twenty twelve on the Cole CEO you almost said the Shanghai giga factory is ahead of schedule and is full costing that the upcoming model why S. U. V. is going to outsell all of the other tests the models combined in San Francisco at Ludlow bring back daybreak Europe good means also out of Microsoft it posted quarterly sales and profit the topped analysts' projections the story from Bloomberg Charlie the software maker was lifted by demand for Asher cloud computing programs and internet based versions of office productivity software CEO section of Dallas has spent the past five years building up Microsoft's cloud business which lets customers avoid having to buy and run their own hardware and applications revenue from Alger cloud services rose fifty nine percent in the recent period slowing from a sixty four percent gain in the previous period I'm seventy three percent for the quarter before that as that growth decelerate the company is working to improve margins and rack up a steady stream of large deals for Asher which competes with Amazon's web services division Charlie Papa Bloomberg daybreak Europe early this morning no day I took a one point five billion dollar hit last quarter as the bank book glossies across a number of key projects including its much touted technology upgrade that contributed to operating loss of four hundred and twenty one million euros in the third quarter the biggest bank in the Nordics is pushing through a wholesale oval hole and slashing its dividend policy the new CEO Frank Frank Jensen says Emma that he could also be on the cuts we do see that we have a potential for growing the business I think of Gandhi the we are seeing at the op Molly in our main base we intend to to continue to to develop that of course when possibilities arise for doing about a acquisitions hole Nanak recession we could do that within the core segments of all this that was no day as CEO Frank vengeance and speaking to Bloomberg earlier this morning okay let's get the latest now in global news his Bloomberg yeah good morning good morning brought to you as president Donald Trump is lifting sanctions against Turkey off to comply with the ceasefire agreement with Kurdish forces in Syria trump says it saves his decision to withdraw US forces from northern Syria has paid dividends the sanctions will be lifted unless something happens that were not happy with this was an outcome created by us the United States and nobody else meanwhile the move was criticized by Republicans on his own and for you to the Syria crisis here in the U. K. two addresses in Northern Ireland have been such my piece investigating the deaths of thirty nine people found in the back of a lorry the twenty five year old driver who's from County Armagh is being questioned the bodies were discovered in a trailer in Essex which arrived from Belgium yesterday morning workshop manager antilock console the vehicle pops up before the discovery was made now not a sausage shock and I think that that.

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 11 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"And I'm Susanna Palmer from Bloomberg world headquarters as we've been reporting Saudi Arabia's oil production was disrupted by about five million barrels a day this after a fleet of ten explosive drones targeted the heart of the kingdom's oil industry starting fires at the world's biggest oil processing plant state oil company Saudi Aramco said the fires were contained Hootie rebels in Yemen who have launched a several drone attacks on Saudi targets claimed responsibility. more now on the violence between pro China demonstrators and other protesters in Hong Kong that broke out early today with angry clashes in different areas of the city and this is on a weekend when people traditionally celebrate the mid autumn festival holiday the demonstrations have continued despite chief executive Carrie lam September fourth decision to withdraw the extradition legislation that sparked the unrest more than three months ago helicon interactive is getting a muted rating of neutral in wall street's first official rating more from Bloomberg Charlie Pellett peloton is expected to price its initial public offering on September twenty fifth DA Davidson analyst Michael Kawamoto right said while the maker of connected exercise bikes has shown impressive revenue growth he's concerned about market saturation and the path to scale Kawamoto does not expect profitability of the company for about three to four years Charlie Papa Bloomberg radio the Sackler family that owns oxycontin maker Purdue pharma made about one billion dollars in transfers among themselves and their shell companies that according to New York Attorney General a teacher James in a letter to the judge in the case the transfers some through Swiss bank accounts were revealed in documents provided by an unspecified financial institution in response to a subpoena global news twenty four hours a day on air added tictoc on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg. these birds.

China Bloomberg. James Attorney New York Charlie Papa Bloomberg analyst Charlie Pellett Bloomberg official helicon interactive Carrie lam chief executive Susanna Palmer Bloomberg world Twitter Purdue pharma Michael Kawamoto
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:22 min | 11 months ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"Detect THC oil compound found in marijuana and pick up loud sounds like shouting which could be helpful in preventing bowling once detected a notification is sent to administrators who can then step in and stop the corporate Joe Ramsey former British prime minister David Cameron saying today he sorry for the divisions the brexit vote has caused he called for the public to decide in twenty sixteen if they want Britain to leave the European Union in an interview with a British newspaper published today he said he thinks about the consequences of the referendum quote every single day and says he worries desperately about what will happen next Christopher Cruz. and I'm Susanna Palmer from Bloomberg world headquarters as we've been reporting Saudi Arabia's oil production was disrupted by about five million barrels a day this after a fleet of ten explosive drones targeted the heart of the kingdom's oil industry starting fires at the world's biggest oil processing plant state oil company Saudi Aramco said the fires were contained Hootie rebels in Yemen who have launched a several drone attacks on Saudi targets claimed responsibility. more now on the violence between pro China demonstrators and other protesters in Hong Kong that broke out early today with angry clashes in different areas of the city and this is on a weekend when people traditionally celebrate the mid autumn festival holiday the demonstrations have continued despite chief executive Carrie lam September fourth decision to withdraw the extradition legislation that sparked the unrest more than three months ago hello Thanh interactive is getting a muted rating of neutral in wall street's first official rating more from Bloomberg Charlie Pellett peloton is expected to price its initial public offering on September twenty fifth DA Davidson analyst Michael Kawamoto right said while the maker of connected exercise bikes has shown impressive revenue growth he's concerned about market saturation and the path to scale coal moto does not expect profitability of the company for about three to four years Charlie Papa Bloomberg radio the Sackler family that owns oxycontin maker Purdue pharma made about one billion dollars in transfers among themselves and their shell companies that according to New York Attorney General a teacher James in a letter to the judge in the case the transfers some through Swiss bank accounts were revealed in documents provided by an unspecified financial institution in response to a subpoena global news twenty four hours a day on air added tictoc on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg. this is a sports should Major League Baseball short how do I resent football to the audience of the future I don't think that most players understand the power that they have flexible future of Indy car racing is looking for a. basic math here for bidders means more money no we will yeah the team value has essentially quadrupled and the leaders in the sports industry funded bring in our guest. National Hockey League commissioner Gary Bettman then the Braves president Derek Schiller president Donald. business of sports. hello I'm Michael Moore the newbie William Scott softening over the next hour we will explore the big money issues in the world of sports and talk to some the biggest players in the industry today we speak with the youngest.

president marijuana National Hockey League Gary Bettman Braves Derek Schiller commissioner Michael Moore Donald. business William Scott five million barrels one billion dollars twenty four hours three months twenty fifth four years
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:09 min | 1 year ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"Across parts of the city on Friday night followed by a Saturday destruction of airport transport infrastructure side carrier Cathay Pacific continues to find itself in the cross hairs now cautioning and staff that miss using social media platforms could breach rules set by Chinese authorities in Hong Kong Karen Li Bloomberg daybreak Europe causing a to Europe president micron has called on the G. seven to discuss what he describes as an emergency in the Amazon Brazil's policy towards the rain forest has been under scrutiny in the last few days data from the country says an eighty four percent year on year increase in forest funny is that Brazil's president says sensationalism wouldn't solve the problem and criticize micron full politicizing the issue and find a preschool television favorite pet the pick is moving in with the Power Rangers transformers hello Mister potato head this is American toy maker Hasbro was buying the independent British DJ which makes Peppa pig bring books Charlie Pellett reports his Hasbro's biggest deal ever according to data compiled by Bloomberg the acquisition expands Hasbro's slate of intellectual property to include preschool favorites Peppa pig and P. G. masks Hasbro CEO Brian Goldner says the acquisition will provide quota pipeline of new brand creation driven by family oriented storytelling Charlie Papa Bloomberg daybreak Europe level needs twenty four hours a day on Iran that take took on Twitter upon by more than twenty seven hundred gender some on the symbol them one hundred and twenty countries I me and Karen's this is pulling back Carolina thank you so much early on it was seeing a big pope an easy one a surprise by almost thirty percent this morning off to the house by a deal I think even Peppa pig is really interesting to me because it really captures the essence of Britishness I think that's what the hang on hang it captures the essence of perfect I think yes I think it's I think for that's what is so charming well I didn't I thought how might like to see okay over but I think people disagree with much of that because it's really popular it's popular in China is popular all over the world it's had billions of views on domestic online video platforms it's a matching the ice is everywhere we can go to Peppa pig well maybe a seven month to size I think you know these breaks into usually speak different image coming around most we can survive in time we don't have a big okay let's hope he threw one of all the top stories this morning because investors of course of waiting for the fed to derive house big speech today at the Jackson Hole symposium now blue because been speaking to the Kansas city fed president Esther George because once markets of price in a twenty five basis point cut next month three fed policy makers of now voice that resistance a fourth saying that he wanted to avoid taking further action unless we have to so Hey is Kansas city fed president Esther George as I look at where the economy is it's not yet time I'm not ready to begin to provide more accommodation to the economy without seen.

eighty four percent twenty four hours thirty percent seven month
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:00 min | 1 year ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"Good morning Caroline China is accusing the US of undermining global stability this is a country release defense defense white paper since president she initiated is sweeping military aid for holding two thousand and fifteen the beds currently reports America had provoked competition among major countries a departure from the previous report which focus on improving military to military cooperation between the world's two largest economies it comes as US trade negotiators will reportedly be in Shanghai next week in Hong Kong Karen leave Bloomberg daybreak here at I'll swim president trump is deciding how to respond to techies purchasable Russian missile defense system the deal has divided the two NATO allies it is also a letter outrage in Congress senators who met with the president say he's frustrated by the lack of options president trump has said he's not looking at sanctions against Turkey right now I wish to live on the line with French president Emmanuel icons picked to head the European Commission thanks Greg this greasy says they were very much on message when they met in Paris yesterday they both pledge the commission that would work in economic growth climate change and containing Europe's borders and they promised that they would work hand in hand with Boris Johnson deliver brexit but Paris is just one stop on long delay in strip across Europe Thursday she's in Poland were fighting on top of the nationalist government may prove more difficult in Paris screw this goofy Bloomberg daybreak Europe and finally design Williams and the most Herald NBA rookie since lebron James has signed a shoe deal with Nike's Jordan brand the verdicts Charlie pellets reports the top pick in last month's pro basketball draft will instantly become one of Nike's most important endorsers joining a list that includes Michael Jordan lebron James and Cristiano Ronaldo terms of the agreement were not released but it likely ranks among the most expensive shoe deals ever given to an NBA rookie Charlie Papa Bloomberg daybreak Europe gable needs twenty four hours a day on Erin it take took on Twitter by more than twenty seven hundred Jennison unlistenable them one hundred and twenty countries I'm Liane Gerrans this is being back Caroline thank you so much another is a big deal is and it's as the Nike shoes Osman it's a massive deal but we don't actually knows the money don't let a green man as of yet they say could be one of the biggest deficit we just have to wait to find out how high was really interesting because he signed this agreement for months after the play hurt his knee when his and Nike sneakers I just found a part in the game oh wow okay so that's going to turn around and not store thank you so much for that update some of these young parents that now with the morning's utensil sees his J. Wilson captain fair rate does not so expect single instrument take Cricket World Cup win to negatively impacts a site in the longer formats they face island in a full day game at lord's light set before the ashes series.

Caroline China US twenty four hours
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:25 min | 1 year ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"And seventy four post with a majority of forty one something of a surprise of the size of that some politicians worried that whoever's in number ten could try to bypass the house of Commons in order to get an ideal brexit through by October thirty first in the event seventeen conservative MPs defied the government and voted for that amendment meanwhile the E. U. plans to warn the U. K. that it should expect a rigorous assessment of his regulations before financial firms will be allowed to do business off the Briggs is that's according to a draft document to be presented in Brussels later this month the European Commission will lay out his most recent approach to the so called equivalent system officials have made it clear that the system is up all of its own offer basically for the city of London off to the UK's departure and of course we gonna be life next week from just outside parliament as we get the decision on who becomes the next Tory leader and that for the next prime minister of the U. K. meanwhile US banks are facing there in challenges Morgan Stanley was the last of the big six to release its earnings yesterday reporter fourteen percent drop in equity trading revenue steepest amongst the major banks but it's been a tough quarter for most on the banking and trading from to spank chiefs of a moaning what they describe as clients is sitting on the sidelines uncertainty about a trade war and the federal reserve's rate puff of course making investors extra cautious okay let's take you through the corporate news Boeing plans to record a four point nine billion dollar accounting charge related to his beleaguered seven three seven Max jetliner when the company reports quarterly earnings next week for more on that he's been back Charlie pennants the after tax charges equivalent to eight dollars seventy four cents a share and it covers potential concessions and considerations for airline customers who've been forced to cancel thousands of flights on line up replacement aircraft since the Max was grounded in March Boeing says the cost will clip five point six billion dollars from revenue and pre tax earnings in the quarter the right down underscores the financial cost of borrowing after two deadly ash is on a five month span in Gulf the U. S. playmaker in one of the biggest crises in its sentry long history Charlie Papa Bloomberg daybreak Europe and Barrick gold we just got this breaking news across the turtles Barrick gold has reached an agreement to buy acacia mining okay so that's a breaking news plenty of its keep you busy this morning let's get all the latest there now in political science is.

Brussels European Commission London UK prime minister Morgan Stanley reporter Boeing Europe Barrick gold Gulf Charlie Papa Bloomberg nine billion dollar six billion dollars fourteen percent eight dollars five month
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:10 min | 1 year ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"And gather some global news headlines again good morning Matt north Korea's economy may have shrunk by more than forty percent last year putting it in the way shape in more than twenty years since United Nations sanctions continue to pass at the rogue regime Plavix piece of pay has more that's according to Seoul National University economics professor can be online North Korea hasn't been in such an economic conditions since nineteen ninety seven Clinton Jones father had to battle floods droughts and a famine that may have killed as much as ten percent of the population in so okay okay Bloomberg daybreak Europe the house has voted to condemn comments from president trump that have been criticized as racist several Republicans joined Democrats in voting for the measure some Democrats complained that party leaders on to punching back at the president hard enough Hong Kong is starting to come to terms with the economic cost of weeks of historic anti government protest retail has been hit hardest Brubeck's currently explains okay also driving away local shoppers in deterring tourists from mainland China from the retail and financial hub Hong Kong's retail management association says most of its members reported a single to double digit drop in their average sales revenue between June and the first week of July in Hong Kong Karen Li Bloomberg daybreak here at and finally Bill Gates has never run lead with and number two in the seven year history of the Bloomberg billionaires index this he just file and note the bucs twenty palette tells us who has ended his run the Microsoft co founder dropped to number three behind France's Bernard Arnault LVMH Arnaud's luxury goods maker advanced to a record in Paris and pushed his net worth to one hundred seven point six billion dollars ahead of gates by more than two hundred million dollars Charlie Papa Bloomberg daybreak Europe cable needs twenty four hours a day on average take took on Twitter power by building twenty seven hundred Jennette sometime this symbol the one hundred and twenty countries I'm young parents this is Billy Bragg Anna thank you very much Leon if you have a bring back terminal which goes is a functioning put out is that not one of your favorites it's one of my favorite and it you know what it's fascinating that well Jeff Bezos's wealth which had been at one point I think well over a hundred sixty billion dollars has dropped because of his divorce so he's back down to one twenty five at the end and now with Bernard Arnault getting up to a hundred seven right now under seven point six it would be amazing if you saw him leap frog the way Amazon is not safe yeah it's sort of the the the European fashion luxury versus US tech that's how the rich will have to play out right now it seems like almost a needy should I mean compared to Amazon which is like the global retailer it's amazing that are no get so close yeah now let's get a morning sports all day so we will go to prison former England out the non destroys things just generally should be brought into the test team for the ashes the box and start for the World Cup winning one day tape but this never represented this country in the five day.

Korea hundred sixty billion dollars two hundred million dollars six billion dollars twenty four hours forty percent twenty years ten percent seven year five day one day
"charlie papa bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

10:32 min | 1 year ago

"charlie papa bloomberg" Discussed on Bloomberg Radio New York

"The cricket win yesterday on on this morning yeah exactly and Wimbledon on for me that one of course let me get back to reality Sally and tell you what the the stock markets doing this morning look we have the GDP figure Roger it was a week they came in line with estimates for China but that it was actually the monthly data that pizza a lot of interest that's what's really seems to move in looking across Asian markets now Japan is closed schools topics and topics and the Nikkei closed for public holiday but across the rest the hang sang ease up one tenth of one percent CSI three hundred up to tens almost three tenths of one percent Shanghai Combles save up to two tenths of one percent clearly reaction to what they see is better data in terms of sales and production which is certainly improved and the Caribbean that some look at The Cosby which is not but not being great sound warm yeah what one no zero point one three percent this morning yeah and date and because this that I think is interesting JP Morgan chase and Jeffries focusing a limited upside for global equities look recommending investors that take a little pools for breath as for the bond market schools castrating close in Japan but the issue around Australia and the potential for Q. we is been moving all the bones which have been quite interesting let me give you a price on the ten year this morning so you all the time at one point four six percent out by two basis points was actually the three year that was interesting because in June it slid below one percent for the first time the LPS cut a couple of times in the FX space briefly Japanese yen spoke was weakening just a tad one of eight it's one of a flat told the Japanese yen spot price to be big dollar index not moving at all the pound continuing to be under pressure more breaks it's related concerns we once bought twenty five for that the Aussie dollar gaining two tenths of one percent and the layer that we've been looking at because of that set patches of the Russian missile defense system down against the euro more than one tenth of one percent six bought forty five and just a quick spin on oil because of course has been that the storm in the Gulf of Mexico just like just a fraction W. T. I. just a fraction below sixty dollars a barrel down was four tenths of one percent said at the moment and gold as hovering around one thousand one and thirteen does that stone float down thirteen by tenth zero swat one three of them okay a tenth of one percent but and let set get to you all top stories and this morning delve deeper into the latest data out of China as the country's economic growth so to six point two percent on a yearly basis in the second quarter predicts bond Curtis has all the details from Hong Kong six point two percent was the weakest pace in at least twenty seven years but factory output retail sales and fixed asset investment data all beat estimates in June it suggests the government stimulus is starting to have an effect retail sales in particular jumped at nine point eight percent that was well above the estimate of eight point five percent in Beijing said that second half data will be better as it continues its policy efforts in on Kong brand Curtis Bloomberg daybreak Europe let's pick up on that so with mock crime fielder who's in Singapore for the markets life team said mark I'm the data this morning from China one of the phrasing for example six pushing into different directions the GDP not quite so good but but the latest data from June the retail sales looking much better absolutely there's a there's a lot to digest and as you say the the GDP I was the weakest for twenty seven years even though it still I was just about a six percent just slightly above that unusually stocks got a bit of a boost from these industry production retail sales numbers which are not too bad but as things are still settling down some of the U. Fauria is waning one of the things which didn't get so much attention nationally that people seem to be looking at is the employment side of it China doesn't officially have an unemployment rates but they have something similar and that's been increasing for a few this increase the going rate slightly in this latest round so if unemployment is taking up in in China that means that the the central bank will probably still have to seriously consider an interest rate cut later in the year so that is definitely getting some attention particularly with people in the the money market and the bond market so that something we should probably play out to look at more over the next couple of weeks yeah and to say I was reading about how Chinese graduates of finding it harder and harder to find high paying jobs in China so could that be a kind of a leading indicator I suppose also marked the M. life question of the day when will negative yields spread to the United States as a big the woods absolutely but shocking for some people are suspects but we've seen it in in Europe and Japan for some time they've been living with negative views for quite awhile and what we saw in the in the last cycle when the fed was lowering rates off the financial crisis week they go pretty close they got their official rate down to zero to one quarter of a percent no this time around of course the old the burden could well full on the United States because Europe and Japan have done so much as limited amount they can do now they're ready already in negative territory so if the fed really has to push on behalf of the global economy it could mean that the United States even asked to consider a negative policy itself so it would be pretty dramatic it already we have something like twenty five trillion dollars worth of bonds already in negative yields if the U. S. comes along that would just add another huge pie this row so it's a really big headache for people in the fixed income wealth but something which I'll have to consider quite seriously now thanks very much indeed not crime field and that is the amount in life question all the day when will negative yield spread to the US of real time market Coventry Mellissa checkout markets life as an ally V. on you'll Bloomberg terminal okay and now we were just talking about the slowdown in China with mall but we well it's helping to increase the focus on the need for interest rate cuts in emerging markets as well off to order those dovish fed comments last week in Turkey at least well into right because of of course the constant hot topic present right sit tight early one has placed that rates will be significantly lower by the end of the year that's a week off the house of the central bank chief because took his presence also downplayed the risk of US sanctions following the repurchase of Russia's S. four hundred missile defense system prisoner one says the White House what favor the penalties even if they all supported by some US officials the US says deploying the missile system could undermine NATO and jeopardize the F. thirty five fighter jet so that's why we keeping a close eye on the level that some live of what to that she say that the the penalties from the U. S. are expected to be weak because of the past the relationship between to one and trump and that we could see less reaction to the liver around the sanctions than you did around the far end of the central bank governor not coming to the U. K. Boris Johnson the is risking legal action if he becomes prime minister tries to shut down parliament to force through an ideal brexit the campaign the Gina Miller who previously use the courts to force and MPs vote on something that you exit process has brought together a team of lawyers Tory MP pretty Patel who supporting Boris Johnson says she's not surprised by this threat they should not be about the semantics of parliaments hold just both in parliament to Perot compartment we now have to get behind a new government that is very clear in the future determination out which is to get out of the European Union come what may by October the thirty first and that was the concert in P. pretty paternal yeah of course who have it does become the new toy late at still faces the challenges and has a three seat majority in the house of Commons many people expecting elections sooner only yeah and data let's also talk about the U. S. bank earnings of front and center this week a preview now from predicts Ali Pettitte falling interest rates have sparked concern the net interest income the money banks make from customers loan payments minus what they pay depositors will suffer Allison Williams is a senior bank analyst at Bloomberg intelligence the card had faxed sort of talking down the numbers we had estimates coming down into earnings the question is is that enough a probably gonna get the negative surprises I think for the large global banks and among the banks reporting this week Citigroup JP Morgan chase bank of America Wells Fargo Capital One Goldman Sachs Morgan Stanley BNY Mellon and State Street Charlie Papa Bloomberg daybreak Europe and movie on the corporate news Hong Kong's only PO market took a hit off the AB InBev backed out of a massive IPO freaks Asian unit last week Bloomberg so mackenzie has the story it was supposed to be this year's biggest IPO even bigger the numbers and without the nearly ten billion dollar listing Hong Kong's tally of money raised on IPOs that this year will be severely diminished analysts say among the things that could have hurt the IPO is changing tastes in China young people here are tilting toward higher price crossed bruise all cocktails instead AB InBev sites quite prevailing market conditions for putting the IPO on ice in Beijing I'm Tom mackenzie Bloomberg daybreak Europe well US companies may be approved to restart says to walk away within four weeks voices reports that the commerce department is evaluating all licenses off the Chinese tech John was blacklisted over national security concerns meanwhile the we'll see journal reports that wal way plans to cut jobs at its US subsidiary future way technologies that's an all in D. company with about eight hundred fifty self gilia is agreed to pay five point one billion dollars to raise its stake in the Belgian biotech firm Galapagos this is this is to deepen its research into from a tree diseases and other disorders give me I will pay just on the full billion up front and invest over one billion to boost its stake to twenty two percent okay so those of all top corporate stories this morning for you with the latest in cable these headlines fifty bags yeah it's good morning good morning Caroline the U. K. ten million from say they are deeply troubled by recent activity in the Gulf the Foreign Secretary Jeremy hunts heading to Brussels to discuss the nuclear deal with Iran after the country's decision to pre to limits on you by name in Richmond president trump previously pulled out of the agreement Iran's president Hassan Rouhani says he could be open to holding discussions with the United States all will perish well then we have to stand.

Sally one percent twenty seven years two percent twenty five trillion dollars one billion dollars ten billion dollar twenty two percent one three percent four six percent eight percent sixty dollars five percent one quarter six percent four weeks three year ten year