i'm here in london. 30 minutes into the trading day, i dole and dank london -- a dull and dank london. european equity markets are just closing, london up 131%. -- london up one third 1%. up.ks in europe have been let's move it along because the real impact from the jobs report along with the chinese data is in the foreign exchange market. the euro just trading up i one quarter of 1%. goldman sachs is still calling for parity on the euro-dollar by the end of the year. the real impact of the process act of the federal reserve hitting tightening mode in december. there is the dollar index this morning. moving,ysian ringgit the biggest loss in almost three weeks, down 19%. the aussie dollar down. the chances of them having to cut rates in december has now slipped 20% from 26% as a result of the federal reserve data. let's have a look at the energy markets. oil halting its decline at the $45 level. -- let's pull that off. some strange dinner there are for you. sorry about that mistake. we want to bring you some breaking news headlines now, coming across the bloomberg terminal. this is in

needs action to keep tanks in london. -- to keep banks in london. we have a great guest in new york, adair turner. given what we know, should britain wish them the best of luck and send hsbc off, somewhere else where they would be able to tolerate a monster sized financial institution? adair: one of the crucial issues is what happens when a large troublee hsbc gets into hearing if you think this is a place where -- if you think that the place where it is headquartered has to look after it, then there is a big issue for a country being home to a monster sized bank. there is another way to approach it, which is to say we should think about a group like hsbc as being an agglomeration of separate banks, and if it got into trouble, the u.k. authorities, the treasury and the bank of england, would look out for the u.k. subsidiary, but hong kong would look out for the hong kong business. to a degree, in terms of what are called resolution plans, that is the approach which the world takes to banks like hsbc, or particularly, to for instance like the spanish

i'm going to find london in the morning. i'm going to find a way. don't you worry. i'll find a way. >>> coming up. >> you don't know what they've got inside that vehicle. it is extremely dangerous to confront these people. this is their property. they're criminals. it runs on op. it's what sparks ideas. moves the world forward. invest with those who see the world as unstoppable. who have the curiosity to look beyond the expected and the conviction to be in it for the long term. oppenheimerfunds believes that's the right way to invest... ...in this big, bold, beautiful world. spending the day with my niece. that make me smile. i don't use super poligrip for hold, because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well fitting dentures let in food particles. just a few dabs of super poligrip free is clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. t

london and football are calling. washington will play cincinnati next year in london. there is also the possibility of a second game as well. how did the players take the news today? >> reporter: there was a mixed bag of emotions when they got word that the redskins will go to london on october october 30 to play the cincinnati bengals. that was the talk, about the redskins getting ready for the new york giants at fedex field. >> it will be exciting next year but i could care less right now. we are thinking about the giants. we will deal with that when it comes. >> i guess it is exciting. i am not a big out of the country guy. we could play all of the games here, i would be happy. i don't know, we will see. >> i have no thoughts on that. i have not had one seconds of thought about it. it is so far away. in this league i tried to focus on the day, the week, my contract ends after this season so i am focused on right now. >> reporter: great point by kirk cousins, who knows if he will be on the team next year. we do know this, they are going to london next year. back to y

sisi's visit to london. she says prime minister david cameron should never have invited the former general. >> knowing that the u.k. caring for human rights yet the man who arrested my brother and put him in jail for two years, over two years and a half, he is invited to the u.k. >> reporter: london isn't sisi's first state visit to europe. he's already enjoyed visits to france, and more recently to germany. ♪ >> reporter: european governments may say they don't approve of much of what president sisi does at home, but they feel he provides a degree of what they call stability in a troubled region. and as paris and berlin think, so does london. >> we should not have any illusions about government's priorities which are usually in descending order, security both domestically spins nationally and economically. and we also should not forget that governments usually can only look no further ahead than the next elections. which means that when we are in office, they will have to talk to the people who happen to

police and protesters face-off at a million mask march in london. and saving money and saving the planet. we'll tell you about the revolutionary way plastic bottles are being used or reused in south africa. >> "inside story" takes you beyond the headlines, beyond the quick cuts, beyond the soundbites. we're giving you a deeper dive into the stories that are making our world what it is. >>> held going, the top stories here on al jazeera. outbound british flights from sharm el-sheikh on egypt are set to resume under tight security. several european governments are warning against travel to the resort because of fears a bomb brought down a russian airliner on saturday. dozens of people are feared dead after a dam burn the at a mine in brazil. homes were engulfed by a massive mudslide. >>> there are allegations of threat and intimidation against opposition party workers in the run-up to sunday's historic poll in m myanmar. >>> what exactly caused that russian plane to crash in the sinai peninsula has overshadowed the visit of the egyptian president to u

we have a report from london. >> reporter: it was a highly's mated visit. egyptian's sisi finally arrived in downing street on thursday but his trip started with unwelcome news that the you can had suspended all flights too and from sharm el-sheikh a popular destination for hollandy makers. outside downing street hundreds of protest is gathered to denounce the visit. their view that a man they hold responsible for killing thousands of civilians and arresting over 40,000 people should never have been invite today the yo u.k. >> we are saying very clearly that sisi has committed crimes against humanity. he should not be welcome in britain and that he is a threat to security and stability in egypt and elsewhere. >> reporter: some demonstrators dressed in body bags? & nooses lay down outside the prime minister residents blocking the entrance, a symbolic protest to detect the hundreds sentenced to death or killed since the 2013 coup. they were eventually forcibly removed and arrested by the police. >> we have brothers and sisters in egypt they are killing them e

paris, london, and new york. this is bloomberg "surveillance." ♪ francine: the chancellor of the action speaking at -- the chancellor of the exchequer speaking, george osborne saying the u.k. will double funding for cyber defenses as europe braces for further attacks from islamist extremists. with this is charles lichfield, lead analyst for france from eurasia group and geoffrey yu from ubs. when you look at these statements, how important is it that we use ciber, fending off cyberattacks or ciber to understand where the money is coming from. very important. if you think about the u.k. position in the global economy and how much the u.k. economy depends on i.t., a transaction hub, for instance, any situation where an attack, whether from a government or nongovernment organization would wipe out transaction records would be catastrophic. francine: how much do we know about the vulnerability of our cyber attacks coming from radical islamist extremists? charles: we can certainly do more. the u.k. is familiar with

or outside of london? the london market is pretty saturated. >> in london but throughout europe, yes. we're well built for these secondary tertiary markets. >> when we think of the fitness crazes of the last couple of years, certainly in central london i would say that it's much more about classes rather than ongoing memberships. it's like soul cycle and core gyms, those sorts of gyms. does that threaten your model or can you benefit from that as well? >> i think the more awareness the better. we also have one on one training with our boot camps. look, i think the more people work out, the better. you know, fit ness will grow. >> i'm going to ask you about the ipo market. do you think that's because pricing was too optimistic? is there an inherent fault somewhere in the pricing of the u.s. gym market? >> i think people are leery of the competition. we also know we have an attrition problem. if you look at public markets forfeitness, it's been a very soft year over the last decade. i think there has to be a

to london, and here is francine lacqua. is aine: joining us now managing partner on the future of france. thank you for coming on the show. when you look at france, the market reaction has been muted, but the repercussions from the fallout we saw on friday will be first of all on the political scene. are you worried that france will become radicalized and more in stream -- and more extreme as we head into an election? >> there are local, regional elections in three weeks. if the government does not step up with the measures that are most required and expected from the french people, from public opinion, i think there will be the risk that the french will be radicalized. francine: what does it mean for france? brice: the french economy will be quite muted because the french economy is diversified, and if you look at what happened after 9/11, if you look at what happened in 2005 in london and 2004 in madrid, the impact was minimal. francine: madrid was a long time ago, but now we have a divided europe that cannot speak with o

he met cameron at downing street in london. hundreds of people have been protesting the human rights record. cameron said that it's more likely than not that a bomb was the cause of the airline crash. and passengers will only be able to carry hand baggage. >> finally laid to rest,ishenko's six-year-old canteen worker, devoted mother and grandmother. the first of the 224 victims to be buried. as the investigators in the sinai increased the search area around where flight 962 came down, the egyptian leaders met in london. they discussed flying 20,000 holiday makers home safely. >> the procedures that we assure our friends that the security measures in place at the airport are enough. and the airport is at a good standard. >> earlier, it said that they had different intelligence, saying that an isil affiliate could be behind the disaster. >> we cannot be certain that the russian airliner was brought down by a terrorist bomb, but it looks increasingly likely that that's the case, and so i act on the advice of the experts that it's

. >> mark carney is due to speak at the forum here in london. he'll be focused on financial market regulation but mario draghi will also be taking the stage today. we'll bring you live coverage of that speech at 14:15 cet. don't miss it. >> very busy today. let's talk about m&a activity. ab inbev finalized it's stakeover of sab miller in a deal worth around $108 billion. they paid 44 pounds in cash for existing sab miller shares and in order for the deal to past u.s. antitrust hurdles sab miller is selling it's stake in miller coors and it is being acquired for $12 billion. so the ab inbev sab miller tie up expected to complete in the 2nd half of 2016. >> now investors are cheering a restructuring plan sends shares in the danish brew giant to the top of the stoxx 600. organic operating profit could decline as well as unveiling a 1.4 billi 1.4 billion impairment charge on russia and china. the company reported a loss for the period after the impairment charge was accounted for. we'll be speaking to the ceo of carlsberg at 11:30 cet. a number of a

this is a look at london. we will leave you that shot for just a moment. ♪ the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. anna: welcome back to "the pulse ." i'm anna edwards. here are bloomberg's top headlines. president obama told americans preparing for the thanksgiving holiday that there is no sign of a terror plot in the united states. he added that the u.s. is stepping up security in the wake of the deadly paris attacks. ande know of no specific credible intelligence indicating a plot on the homeland. let me remind the american people of what our coalition is doing to destroy these terr

he's a much, there with the london stock exchange ceo. we will get back to the battle of the charts coming up ♪. ♪ to howi want to get back the european markets closed. we are up ahead of the fed minutes, but mark, you guys close lower, mostly? ftc in london,he rising for the third consecutive day. gaining, after losing run it has had to endure. i suppose the big question is -- what is the fed going to say in the minutes of its last meeting? betty: and what was the dialogue around not just when they will raise rates, but how the path is going to look. i think of that is what traders are looking at, that journey, asthma home at el-erian mike's say, the journey for interest rates. we will get a year and that i'm sure you guys will follow-up in europe. mark: we will talk about it tomorrow, 4:30 london time. betty: all right, that is it for us. we will be back with more "bloomberg market." ♪ >> welcome to bloomberg markets. ♪ scarlet: good afternoon. alix: here is what we are watching. top hedge funds are cutting back on stocks. what

the sun is just coming up in london. 7:30 here in london. from theirn update nejra. have: france and russia agreed to coordinate in syria after president hollande and putin met for almost three hours in moscow yesterday. the two leaders failed to bridge differences. today marks the traditional kickoff of the holiday shopping season. e-commerce sales surged yesterday, raising questions about how many shoppers would show up to brick-and-mortar promotions. according to adobe systems, yesterday's online sales total to $1.7 billion. xi jingping announced a major overhaul of china's military to make the world's largest army more combat ready. heording to a news agency, told military officials that all branches of the armed forces would come under a joint military command. he has also said that the military will maintain "correct political direction." an update on the u.k. housing market -- nationwide reports that the housing market missed estimates for a monthly and yearly basis. it came in at .1% versus .5% in october. for more on these stories and others, had to bloomber

london is the exception. we live here and we get excited by developments in london. if you go across the rest of the country, there is not enough happening. anna: you talk about that often. the money you are putting to work outside of london. why are not doing the same? nigel: people have been discouraged from doing that in part as of the lack of devolution. having a mayor in london has been positive. ing more powers is a good thing and they will try to stand on their own two feet. attract equity capital. we spent too much time on the banks and short-term capital. we should spend much more time figuring out how to get the institutional and pension money to work more efficiently, investing for the long term. guy: are we going to build one billion -- 1.5 million homes in five years. nigel: i don't know if we are going to do that. we have a pipeline of houses. hopefully, i will have more exciting news about the things we think we can do. there is an excess demand for housing and a lack of supply. potentials a massive for economic growth and real jobs. we are not ceasing

we are live in berlin next. ♪ guy: it is 6:17 in london. that means it is 7:17 in frankfurt and zÜrich. standard chartered is set to raise 3.3 billion pounds. the company says it will remove $15,000 by 2018. the bank announced a surprise $139 million first-quarter loss. analysts had expected a profit of $903 million. so a big swing. ubs reported higher than estimated net income, more than doubling year on you numbers. the swiss bank took a tax credit to set aside euro provisions for a legal probe. meanwhile, they postponed next year's probability -- profitability target. and the vw scandal is widening. regulators have ended their pro two include more models from regulatorsrsche -- have increased their probe to include more models from audi and porsche. blizzard -- activision-blizzard has agreed to buy king digital entertainment for about $1 billion more than the value of their close yesterday. -- -- ndy crushed" maker "candy crush" maker has fallen from its highs in july. king is essentially headquartered in dublin and based in london, lis

al jazeera, london. >>> let's bring in charlie an los angeles live for us in london with more on the plane crash in egypt and sisi's visit. charlie, so britain's foreign secretary says there is a significant possibility that isil brought down that passenger plane. what is he referring to? >> reporter: yes, this is the most significant and the strongest statement from any official on the plane crash so far i'll give you a the bit more detail in what he said in that statement. he said we have looked at the whole information picture including that claim but lots of other bits of information as well and concluded that there is a significant possibility, ask that's a correct quote from for be minister philip ham you would were right now the government is preparing an emergency security meeting known as cobra that will take place in the building just behind me and that will assess the new information that's obviously come to light. on the ground in egypt at the moment u.k. i've chris experts were flown in on british military aircrafts and they are there to put in short-term measures. [ aud

. >> commissioner avalos supervisor president london breed supervisor campos supervisor christensen supervisor cowen supervisor farrell not that present supervisor kim supervisor mar supervisor tang supervisor wiener supervisor yee madam president we have quorum. >> thank you ladies and gentlemen, can you please join us and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. >> thank you, madam clerk any communications. >> i have no communications madam president. >> colleagues, any changes to the regular board meeting minutes of october '68 sienna motion by supervisor mar and seconded by supervisor christensen colleagues we'll take that without objection. those minutes passes unanimously they'll be passed unanimously after. madam clerk can we please go to our terrors item >> the the first order of business is today is appearance of the honorable mayor ed lee no questions from supervisors the mayor may address the board up to five minutes. >> unfortunately, the mayor couldn't join us today all to taken a motion to a data of december 1st boa

tom: they published in london. newsook business and the business is more vibrant and london than it is in new york and all of america. wikipedia bombs print back to 1997. this is a really ugly chart, the s&p mid chart. other beasts are in here as well. jimmy wales is with us, and i was stunned at the gloom in london over print. we need print. we enjoyed print. i am being told that people are going back to books, a little bit away from digital. how is anybody going to make money at this? my: one of the things that is booming is digital books and magazines. i subscribe to four or five magazines on kindle, and i have not subscribed to a magazine for that.ly five years before i am paying for the content because it is in a form i like. ads?do people look at anti-ad in mentally digital space. when does that change? sure that does change. tune out theo standard banner sizes and things like that, but there is some progress. for newspapers, clearly there is the unavoidable fact that the revenue from advertising, from print

it is 15 degrees celsius in london. betty: you are going to start have -- start having me do the math. mark: yesterday, you got it wrong because julie e-mailed me and said it's hotter in new york . actually it's exactly the same temperature. betty: i will have to start doing my math. let's turn to similar important matters -- the bloomberg business flash, a look at some of the biggest stories in the news -- single day was a recordbreaker for alibaba during china has one-day shopping bonanza, alibaba handled more than $13 billion in transactions, beating last year's record. mayrman jack ma says he extend the single day event to the u.s. and u.k.. a strike by the tons of's flight attendant is stranding travelers today. a labor report cleared the way for them to expand the walkout. more than 900 flights were canceled and labor leaders are fighting back against efforts to restructure so that it can compete with low-cost airlines. walmart workers have successfully lobbied for hire wages. now they want a discount on food. toc

i am jonathan ferro joining you and london with tom keene london. so much news. what takes your fancy? up we go, we will re -liquefy. navigate that, and at the same time is tweaking communication. we will discuss that. let's get to vonnie quinn with bloomberg first news. ta recall of defective airbags is more costly than the multimillion fine. they will no longer use takata airbags. that was their biggest customer. honda says that they misrepresented and manipulated test results. they say that they'll use a more inflatedemical to its airbags. the other airbags caused eight deaths. say that the fine could be a record. the russian jet apparently had no warnings of trouble before it crashed in the egyptian desert. includees black boxes no discussion of mechanical or system problems. all 224 people on board were killed when the airbus crashed. most were russians returning home from vacation's in egypt. bodies were burned. most of them will be identifiable. news of a diplomatic salt between china and taiwan is pushing shares higher on the island stock exchange. they g

security in egypt will be at the top of the agenda during president el-sisi's visit to london. he's due to hold talks with prime minister david cameron in the coming hours. >> a former military strong man who would love t for the world to see him differently. the 2013 massacre of hundreds of unarmed protesters as they gathered in the capital of cairo. since then according to the human rights groups tens of thousand was opponent of el-sisi have been imprisoned, some sentenced to death. this woman spent several months in jail before being released by her brother remains behind bars. >> for more than 40,000 remain behind bars. i'm avenue able to talk about my brother today. there are others who are not. she says that david cameron should never have invited the former general. >> the man who the arrested my brother and put him in jail for two years and a half, and then he's invited to the u.k. >> london is not el-sisi's first visit to europe. he has already enjoyed visits to france and more recently germany. european governments may say that they don't approve of much of what presi

i'm lauren taylor live from london. romania's prime minister and government has stepped down in protests of a nightclub fire that killed 30 people. >>> rescuers continue to look for survivors of a collapse of a factory in pakistan. >>> justin trudeau is

i'm going to send it back to mark in london. mark: it's battle of the charts. i'm going to explain why this chart says about global economics. don't miss it. ♪ betty: you're watching bloomberg markets. we take a look at some the most telling charts of the day. joe weisenthal is joining us. mark barton is still with us. isk: goldman sachs consolidating its money-losing brick and next. how did they fair since 2002? next is upck and 113%. it is 50% below its record. sincedex has risen by 70% 2002. it's just one perform -- 1.4% above the record. question, ishe basedhe end of acronym investing mark --. >> is this a sign that we are getting closer to the bottom. i want to look at the chart of the usd versus the euro. that is the proper line. the gold line is the spread between the two year yield. . . and: it is new in new york 5 p.m. in hong kong. betty: welcome to bloomberg markets. alix: from bloomberg world headquarters in new york, good afternoon. i'm alix steel. scarlet: and i'm scarlet fu. alix: mark zuckerberg is sitting down with bloomberg news. he is an in

for now handing it to you at london. manus: coming up on "the pulse," business and the prime minister david cameron is getting ready to deliver his keynote speech to the c.b.i. we'll bring you that live and in full right here on "the pulse." stay tuned. manus: welcome back. this is "the pulse." live from bloomberg's european headquarters in the city of london. time to chart the markets. marc: two inreports swaying investors, including the job report which with a rate hike of 2.7 america. -- 2%. the other is china export data, weaker import data hurting sentiments in emerging markets. coming close, you think the shanghai index would be falling today but no, it's rising. china stocks have reached the highest since august 20. this is the shanghai composite. the reason why it's rising today is the government has announced plans to resume initial public offering by the end of the year. the end of this five-month freeze on new share sales signals investor confidence in the equity market. back on august 26, the market hits the

london, where trading has just ended. a joint news conference between president obama and president isne -- francois hollande scheduled. we go back to mark barton. fallingropean stocks after turkey shot down a russian jet near the syrian border prompting and move it into haze en assets. the european close a starts right now. erik: we are going to take you from new york to washington and london in the next half hour. kick it off for us. mark: it is all about turkey today. shooting down this russian warplanes. nook, putin's angry calling it a step in the back. we have the worries of serious consequences. 18 out of 19 industry groups falling on the european day. the worst performers were travel and tourism shares. bycking the price of crude turning down. moving into the safety of european government bonds. erik: disappointing economic data, personal consumption for the third quarter lower than economics had expected. what do they show? >> the data was good out of germany. economy ist the weathering the emerging markets. also

al jazeera, london. >> with me now is an associate professor at the london school of economics. he joins me at the stewed notice now. the cameron/sisi meeting taking place, we see pictures of protests and general opposition to sisi's visit to the country but also, of course, the russian plane crash in egypt. what is your assessment of how it all went? >> well, the russian plane crash is a significant complicating factor for this visit, because president sisi wants to pose as a strong man to deliver security. this bomb on a plane indicates quite the opposite. so it's a major bump in the road for this attempt to rehabilitate the u.k./egypt relationship in the wake of the coup of the 3rd of july, 2013. >> has anything materially, fundamentally changed in the u.k./egypt relationship given the strength of their sort of economic ties and arms deals? >> well, the fact that a coup was carried out by the egyptian armed forces, which president sisi was the head, against an elected president did create diplomatic embarrassment for the united kingdom, for france, for the united states. >> t

london time. will's u.s. payroll data be watched around the world for its influence on the fed's decision in december. america's job engine sputtered in august and september amid financial market turmoil and concerns about a heartland in china. economists surveyed by bloomberg project u.s. employers added 185,000 jobs in october. brazilian iron or project owned by two of the world's biggest miners have burst, burying dozens of homes. 15 people have been reportedly killed. and many more are said to be missing. gota little bit of breaking news in the u.k. industrial production came in lower than the market anticipated. the year in your figure -- year on year figure also missing estimates and we saw the manufacturing side do better. industrial production down. manufacturing better. let's talk about banks. standard chartered slumped in hong kong. downgraded the bank. stephan morse joins me now. talk me through the rationale for this downgrade. the brady's cup he has looked at a new strategic plan presented by bil

the news continues next live from london. >> hello, i'm barbara sarah, and this is news live from london. coming up in 60 minutes, iraqi captures a town from isil. killed in a drive-by shooting in the occupied west bank as two palestinians are shot dead. >>> a rock star appears at a rally in london's wembley stadium. after a hard fought battle in south korea, the first champion. >> i'm in dohar, the top story, meeting right now to decide whether or not to suspend russia's athletes following another doping scandal. >> for more than a year, it has been the site of massacres and enslave. and now kurdish fighters have captured sinjar from the islamic state. they have walked in, supported by u.s.-led airstrikes. isil killed or enslaved thousands of people from the yazidi religious minority when the fighters took over last year, and they began hitting isil from the air, starting a coalition campaign against the group. they start on highway 47, and isil has been using it to move supplies and fighters. they have moved two of isil's strongholds, and elsewhere, a coalition of arab and christian re

you are watching a special program from our london headquarters. it is half past 5:00 in london. let's go to paris now where guy johnson is standing by. guy: thank you very much indeed. let me bring you up to speed with the latest developments surrounding the paris attacks. french warplanes have been active in northern syria, bombing raids taking place overnight in the northern city of raqqa

ex: 19 in london. let us get the bloomberg news. 12 of the biggest players and interest rates have been sued for allegedly conspiring to block fund managers from entering the exchange market. filed in new york by public pension funds names most of the biggest european and u.s. banks among the defendants. two or three years more of pain, however in a bloomberg interview, the company ceo for copper and called said the market will recover faster than other commodities. troubles in the spanish renewable community, facing trouble this morning. that is as it teeters on the edge of spain's biggest corporate story. for more on the stories and others, had to bloomberg.com. speculation is mounting that the ecb will expand stimulus next week, driving the euro down to a near seven-month low against the dollar. hans nichols sat down with vitor constancio for an inclusive interview. let's get to hans now. hek us to the concerns that has come of the concerns about a slowdown in emerging markets. are they worried abou

stay with us from new york and cloudy london. bloomberg "surveillance" ♪ in moments, the bank of england will announce whether they will raise rates for the first time in 8 years. stimulus efforts are paying off. it stock market enters a bull market. jobs as iting focuses on a turnaround. we will speak with the company's ceo. welcome to bloomberg i'm stephanie ruhle. david: i'm david westin. a big morning for the central bank of england. stephanie: and moments we will get the news -- we got it right now. we are going to send you, hold on, to the birthday boy. 42 today. matt million. -- miller. matt: the bank of england is leaving the rate unchanged, 0.5% it is cutting its forecast of first half cpi. it says the pound is going to continue in its impact on

futures in london higher. 36 points.tures up nejra cehic has your market open. nejra: that potential december rate hike from the fed looking just as likely after those minutes. still pricing in that 66% probability of that happening. the key things were the statements that it would be a gradual pace of increases. you called it a dovish hike. it seems that's the way markets are interpreting it as well. let's take a look at equity markets. asia open higher. starting to look at what europe is going to do too. ftse 100 up almost 0.5%. still waiting for the dax to open. prettyequities close flat earlier. dax up 0.9%. let me show you the dollar. highw it hit a seven-month earlier in the week. this is the dollar index down almost 0.3%. we've got to take a look at the way commodities have reacted to this. this has been a big story this week. starting with crude oil. wti, becausenymex, yesterday, we saw a drop below $40 a barrel for the first time since august. looking unchanged at the moment. it is above that $40 a barrel mark. gold rebounding. we did see it trades stro

francine lacqua in london. i am tom keene in new york. this is "bloomberg surveillance ." ♪ tom: what am i watching this morning? how about commodities? -- a big deal. 2.0120 right now. decidedly -- here is vonnie quinn with the business flash. vonnie: the blockbuster takeover of allergan by pfizer is reportedly a done deal. the company said finalized in agreement worth more than $150 billion. pfizer would shift its headquarters to ireland's allergan base. partnersay tvc capital will buy the pet supply jane's petco for $4.7 billion. petco was taken private in 2006. walmart is doubling down on cyber, offering 2000 items on the monday after thanksgiving. cybert will begin its monday deals at 8:00 p.m. the night before. walmart investing heavily in the moment in on the channel. where we will be in january. i have no idea where we will be in retail in january. vonnie: sachs and lauren and taylor and stash and -- wed and taylor have a big surprise in some ways. the end of the kershner era. with us is an economist for bloomberg intelligence,

i'm lauren taylor live from london. romania's prime minister and government has stepped down in protests of a nightclub fire that killed 30 people. >>> rescuers continue to look for survivors of a collapse of a factory in pakistan. >>> justin trudeau is sworn in as canada's 23rd prime minister. hello the british government has suggested that the plane crash was caused by a bomb. it suspended all flights between u.k. and sharm el sheikh until further investigations can be completed. 224 passengers and crew died. neave barker reports. >> since saturday seven teams have been scouring the site where flight 9268 came down. and where 224 people were killed. it's a difficult task, with the wreckage strewn across the wide area of desert. russian investigators are using drones to try to identify anything that could answer questions about why the airbus 8321 crashed. there are constant reminders that this was a plane packed with tourists returning from their holiday. the flight is thought to have been broken up in midair. >> try

we may potentially have a london-paris axis. britain has a huge amount of sympathy and friendship with countries that feel threatened by the paris-berlin axis. if they win the vote to stay in, people have to think, what does this mean? that she stay in office, do you think? sarkozy willnks win it. if the money is on anybody, it pen, who will be bolstered by these awful terror events. is almost they old socialist model. it is the new politics of europe. people who have been failed by globalization. guy: guys, fascinating conversation. phillip blond, david owen. in the next hour, the latest from brussels. the city remains on lockdown. we will see david cameron arrived in paris to talk with francois hollande over the security situation. lots to talk about. ♪ >> brussels on lockdown and the week begins in europe in the capital stays shut. authorities warn of an imminent terrorist attack. higher and ithes is going to be fresh. and, a farmer megamerger with a deal worth more than $150 billion. good morning and welcome to countdown.

let's speak to lee wellings joining us from london. a strong sense of denial coming out of russia despite the laboratory closing down. >> yeah, they had to close. there was no point in it being opened, because it was designed to link up with all of the other laboratories around the world, and the world anti-doping agency runs all of them. and they suggested that it has to be closed down. it is of course, completely discredited that laboratory. there isn't anything to test at the moment. no surprise as well about the level of denial. some of which you have already mentioned from the sports minister. he saying doping is a world problem, that's a general theme coming down from the top that there might be a level of political motivation, a level of conspiracy against russia. what they don't want to do is to accept the accusations being made against them and they dwoont to compromise their position where they are going to try to get their athletes competing again. but there's no way the russians are accepting this. >> when can we expect a d

welcome to "the pulse," live from london. i'm francine lacqua. let's get straight our top story of the day, to paris. we know that at least two people are dead as french police have raided an apartment in the anurb of saint-denis, in operation linked to last week's terrorist attacks -- five have been arrested. first, keep us up to date with what is going on -- the manhunt is ongoing for accomplices. ongoing.the manhunt is we have got the operation was over but we are told that one person is still hold up. we are outside a police cordon. said, five people were taken into custody, two killed, one a woman who blew herself up. andalked to residents, they'll reported the civic spirits -- they will up to the sound of an explosionand were told to stay inside. behind me, what should be a busy pedestrian zone, all shuttered. schools are closed. one resident said they saw things as early as last night though we don't have that confirmed. one butcher who was already up at 3:00 heard the explosion and at a left -- he went inside and turn on the television. t

london is a bustling. we hope you are worldwide. we are in london today. we will be in paris on friday, looking forward to that. the mayors will discuss how they can affect climate change. world leaders are in paris this morning. here is vonnie quinn. vonnie: regulators have handed out a number of record fines. ernst & young says regulators have find corporate wrongdoers $3.7 billion. adele has set a record for album cells in the u.s.. three to 4ought million copies of her album 25 in the first week of release. the imf is expected to approve china's request that the yuan the considered a reserve currency. it has been recommended it be added to the drawing rights basket. our bloomberg business class. francine: we have to look at the imf in china. let's turn to our guests. the you onhow you chart it tom made a great term. it is rebounding. just when the imf will vote on included in the basket, we hear of intervention. this is something we have seen before. right before central-bank action. we saw this before the fed meeting and the fed did not do anything. i

he was a well-to-do traveling athlete and he stopped to take a studio portrait in london. so the dress and the finery shows that there were many people of color moving about in the world in a global fashion who were well-to-do. we didn' t get to see those images in the united states so that is the significance of bringing them out here from london. karen: let' s take a look at the next image. tell me about this one? >> this is one of the images , there are two sets of vintage photographs and they are pulled from private collections, they are things we are learning something about and some of them are anonymous. we know right now is that the project will continue, people came from london to have their photograph taken. they may have been involved in the missionary efforts. servants would have been there, soldiers would have been there and other people who have a reason to be in the hall in the city. karen: we have one more photo that we will show in this segment. i want to see this one. this is beautiful. >> this is fantastic. this is one of the members of saw the fifth cho

i flew to london, the first flight out of new york after 9/11. that was a terrific buying opportunity. what is a company do, how do they position themselves, the cash flows, and what am i paying? if the market goes down more than it should, you say i want to own it. the european market continue to outperform the u.s. market? generally, will it continue to outperform by double digits like this year? mario: you may want to make me a general, but i am a private. i look at the private market value. i am looking at stock specific spirit someone else will answer that question. go,y: before we let you mario -- we don't want to let you go, but before we do -- mario: i will see you on december 4. betty: getting back to media. jo malone and charlie, what will they do with their wireless aspects? what you think? mario: it opens up a very terrific spectrum. you have a reverse. that is where our interest is. what charlie ergen will do is up to charlie. betty: will you bid in the next auction? mario: i have bid in every auction since 1993. betty: will you bid

this is countdown live from bloomberg headquarters here in london. it is 6:00 here in london. let us bring you up to speed. we have data out of china, just to tell you that it has not moved the market all that much. we saw a bit of a bounce in the shenzhen composite, the shanghai not moving that far. estimates,line with industrials up. that is the macro picture. keep an eye on a micro level, if you like. it is not very micro, but what could be the biggest brewing deal in history. i have a chart here on the sab miller share price, what a wild ride it has been on during the summer. we saw talk of the potential deal them. inbev has a -- deadline to move the number of times. the latest is today, and we have had news over the last 24 hours suggesting that they might get closer to that -- perhaps removing the regulatory hurdles on the u.s. business. we will have more from ryan chilcote through the program. we are getting numbers from carlsberg. >> we are of course looking here at the world's fourth biggest brewer. looking at russia, a challenge to carlsberg -- struggling offset the

and aviation and transport first london carry out joins us from london. thank you for joining us. the impact is being clear. can they withstand another terrorists attack question mark carey: -- attack? -- carrie: -- kari: paris is an important destination. it is one of many destinations for these airlines. the airline's most impacted are the likes of air france, easyjet, about 11% of their total capacity. is definitely something to keep in mind tomorrow when they report their results. what are that point, the airlines saying about beefing up security. are they doing anything special in the wake of the attacks? kari: they are very much taking their point from the government. board,seeing across the they're telling people they have to come in an hour earlier to the airport. i understand people are flowing through the airport more smoothly than before. the prime minister david cameron this morning actually announced a doubling of funding for airport security and interestingly enough, he is actually saying some of those people will be going to airports in the middle east, in the gulf,

branding london's 2012 olympics sabotaged... london's mayor... stunned... 'it was a very successful games, one of the greatest if not the greatest games ever. there've been some very serious allegations made against the russian team' "now the russians have been told they have until thursday to respond, otherwise further action may be taken by the end of the week. but get this - interpol says it is investigating some of those people in this report, so this could yet lead to a criminal investigation. back to you." the u-s soccer federation is following in the footsteps of youth football groups in trying to prevent head injuries. the organization announced player age ten or young from "heading" the ball in games or practice. players age 11 to 13 will only be allowed to head the ball in games. the rules change is part of a lawsuit brought by parents and players who say leagues aren't doing enough to prevent concussions. the iowa hawkeyes could move closer to a spot in college football's "final four" this evening. last week the hawkeyes were ranked ninth in the

london time. anna:, selling the seeds for a deal. will is in talks for -- we have those details and will be keeping an eye on the shares. view if you are waking up in this city. ♪ anna: welcome back. quarter past 7:00 in london. here are the stories you need to do. bloomberg commodities index is at its lowest level since 1999. chinese stocks are way down by oil companies. $40 a barrel for oil, copper trading near six-year low. anna: brazilian authorities ask for compensation from bhp after deadly mudslides when and dam burst at their joint venture. at least nine people were killed in the venture. guy: there are more woes for volkswage volkswagen. porsche has announced the recall of nearly 9000 cars in china, checking for a potential fuel leak. nikkei questions how the company put losses on its nuclear power operations over the last two fiscal years. they are still struggling to from the biggest japanese accounting scandal since olympus. guy: bloomberg sources say china is in talks to buy a pesticide maker in what could be the large

osborne's day today here in london. erik: there was arrested for european travel and leisure in the form of thomas cook, u.k. tour operator. what did it announce? mark: what a day it was good look at the share price move, up 10%. hopefully it will show in a second. it was the biggest performing stock in europe today. interesting comments. have been hit hard since the paris terror attacks 10 days ago. it announced a profit for the first time in 10 years and this is important. demand is holding up despite recent terror attacks. it said that the new fiscal year has got off to a good start with encouraging bookings for winter and summer. not only does it have to contend with of the paris terror attacks. you have the tunisia terror attacks. the metro jet flight, which came down over egypt as well. they decided tough year, along with the economic turbulence in greece as well. travel demand is holding up. that is something that travel and leisure industry is going to be very happy to hear about today. erik: i can imagine. mark

down 1% in london. we heard today on standard & poor's that this company may face a one notch downgrade to its credit rating in the next 12 months. volkswagen, could be a bit of good news. they signed a program because they have had approval to repair most of their rate european edges. they also made a deal with u.s. regulators to resubmit some questionable software. rolls-royce down seven to the 1%. we know that after the profit were this company gave earlier this month, the stock took a battering. update, the an company is saying they will change or restructure to cut 2017 on words.m changes could be painful in the near term but the long-term outlook is positive. the stock is up by two dozen 1%. jonathon: a couple of minutes into the session. the ftse 100 off by 4/10 of 1% and the dax down by a third. a choppy session in asia. yvonne: next picture in the asian market today. following the call on wall street. not too much action as the u.s. has into the thanks during holiday. volume is light. mining st

ashok shah, from london capital. up next, a glimmer of hope for the uk's biggest supermarket industry. we get all of the details from bloomberg intelligence. ♪ manus: welcome back. this is "on the move." i am a manus cranny in london. our big rigging new story. ab inbev, this is the big line. they made an offer to buy sabmiller. before pounds a share in cash. -- 44 pounds a share in cash. $1.4 billion as we dig into that story, a little bit more, we will bring that to you. putting those two companies together. savings to deliver cost over the next three years. that is came this morning as -- it be estimate. let's bring in charles allen. when look at these numbers, what does it say to you? when we were chatting, you said this is sainsbury's doing business. charles: consumers want prices. they want a simple low price. it retailers, that means makes it easier to do business in a simple way. you put products on the shelf. yes slightly fewer products. you have a focus range. manus: are we segregating how we shop? is the

let's bring in charlie angelo in central london. what is the latest there, there were on the comments by britain's foreign minister who said the aircraft may well have been brought down by device planted by an i.s.i.l. affiliate? >> it's a strong statement by any official so far on the downing of the plane. they seem to back up from the sinai branch of i.s.i.l., that they were responsible. and it's obviously significant because it means that i.s.i.l. could be adopting new tactics. in the light of this the government called an emergency security meeting, the cobra meeting. we hold one last night and another in the next few hours. they'll be discussing new intelligence they have, how to beef up security and how to bring the 20,000 british holiday makers home safely. the u.k. aviation experts are on the ground and they are putting in short-term measures making sure they are properly screened. there's lots of concern about the lack of security there. the ministry of defense said a small military team was on the ground and they are advis