live pictures from vienna. ♪ . francine: we are back in live in vienna. let's get to our reporter on the ground. foreign language] >> do we have a deal? >> i hope we have a deal but we will not know until the end. the sticking point has been is that each country has to agree to the principles that production constraint agreement bringing us close or at the 32.5 that was adopted in algiers would have to be distributed , andparently, equitably that there will be a mechanism to monitor and ensure full compliance. and then to ensure that opec will join in a substantial amount of cut that will add to offering and the 32.5 will be about 1.2 million, 1.4 based on the latest production volumes, we are hoping for 600,000 from non-opec, substantial volume that would bring health into the market. >> the problems with iran and iraq. clear that wee it will cut percentagewise equal to everybody else, the exceptions have been three countries, two countries that will be allowed to increase back to the normal production level, libya and nigeria and one country that has su

meet in vienna on november 30. manus cranny is there. is this meeting going to be more about who is not there? it could well be. when we say they are not trading we have to be careful. iran and iraq are not sending their ministers. there is a phrase floating about , pre-diplomacy is that full throttle. there potentially meeting at the a swing producer of old in a non-opec producer. it comes down to this. in vienna no deal was actually done. iran has an exemption, but they keep going. the questionnaire asking themselves, they want to get to 4 billion -- 4 million barrels a day.

that's life updates from vienna. live updates from vienna. ane emma: trump has chosen goldman banker steve mnuecen to lead the treasury. donald tusk is rejecting calls by british lawmakers to protect x patriot rights after brexit. members of u.k. parliament asked deal sobroker a members -- global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm emma chandra. this is bloomberg. alix: the move in the markets today really belongs to brent. up for dollars as opec potentially inches closer to a deal. goldman saw a six dollar move today. -- four dollars as opec potentially inches closer to a deal. day oil has had since february. the highest price since the end of october. in a totally different realm, we did want to focus on world bank of scotland. it did fail the bank of england's stress test. they will need to divest more assets and cut costs, even deeper. carter also had some capital and inadequacies. but they did not feel like rbs that's fail like rbs. -- but they did not fail like rbs. ros

they had to -- we had to vienna for an update -- head to vienna with an update. six il hear from

they had to -- we had to vienna for an update -- head to vienna with an update. six incomer from strategist on if there's any end in sight. wherehave a look at european equities are trading right now. just under 30 minutes to the close. what was the longest-running weekly gain since july, three weeks for the stoxx 600 has come to an end. we are seeing losses pretty much across the board. greece down more than 3%. down one point 8%. we are seeing the euro stoxx 50 down, germany's dax down as well. sterling has dipped below 124 today. down 5/10 of a percent on the pound. in fixed income markets it was a good 10 year yields the german 10 year yield down five basis points. we see yields move down in the core in france and germany if we look at the bond market. a lot of movement in commodities as well. i will get to oil in just a moment. we are seeing that rally in metals, too. look at italian banks. this one of the recent we are seeing the stoxx 600 fall over all because of the weight of what is happening with italian banks. the index is heading for its lowest level

anchor: deadlock in vienna. and opec deal appears in jeopardy. iran and saudi hardin their deal -- harden their deal. not all of the biggest banks will clear every bar. the president-elect is said to cked pit stephen -- pi stephen from treasury secretary. a very warm welcome to "bloomberg daybreak: europe," our flagship morning show. i am anna edwards. that's a strong dollar. the bloomberg dollar index has sinceeen in existence 2004. no surprise when you look at the relative yields you are getting in u.s. treasuries. to find a reason to explain the trends in the dollar, treasuries looking their most alluring. wayef: you have spent too much time with their bonds. the kind of movement we have seen is remarkable. that is your dollar spot index and you have the yield spread compared to the rest of the world and that is the highest level since 2007 and credit sweeps putting out a note saying the yield could go up to 2.8% around mid-2017. we are going to go, anna, are we taking a breather? plenty ofill have analysis. it let us all about oil as well and

a live report from vienna coming up. >>> the trump transtransition. the president-elect adding to his cabinet picks. >>> and the post-election rally. stocks ready to close out the month with big gains. we'll round up the biggest winners and losers. it's wednesday, november 30, 2016. "worldwide exchange" begins right now. ♪ >>> good morning. welcome to "worldwide exchange." i'm sara eisen. >> i'm wilfred frost. good morning to you from me as well. >> let's check in on the global markets on this final trading day of the month. what a month it's been. a strong one for stocks. the dow jones outperforming the s&p, up more than 5% for the month. futures indicating a higher open. dow futures up 22. oil has a lot to do with that, i would say. s&p futures up 2. nasdaq up 1 1/2. yesterday the close was stronger, but just barely. a mini rally, not a full recovery from what we saw the day before. the russell ended yesterday lower. it has been the outperformer so far for the month. as for the price of oil, just mentioned some strength. we'll get to vienna in a m

we'll have more coverage out of vienna. in the meantime, let's check in on our european equity markets. we open to slightly lower just hanging on to small gains. up 0.4%. just coming back up from that slightly red start. when it comes to the main european equity markets, similar story there with the markets up a half percent just shy of 1%. the ftse mib up by just shy of a percent. all european forces trading in the green. when it comes to the sectors, you will also note the vast majority of sectors are trading positively. oil and gas trading higher due to this 3% to 4% spike in the oil price itself on the back of these comments by the secretary-general that a deal could be reached today. >>> rbs failed the bank of england stress test missing key hurdles. the central bank called on the british lender to boost its capital buffer. rbs announced plans to cut costs and sell off bad loans in order to make up the $2 billion pound capital short fall. rbu down 2.9%. barclays and standard charter fell short. hsbc, lloyds and santand

>> oil gives a big as opec members had for vienna. signs of cartels being divided, not striking a deal. criticsresponse to through a u.s. listing, and raising the dividend by 36%. japanese stocks snap their run, with the topix falling for the first time in 18 days. and the yen has a tendency to slump, but this november is to be its worst since 1978. it's 8:00 a.m. across the emirates, i'm jc humphrey into by. angie: i'm angie lau into by. welcome to bloomberg markets: middle east. there used to be a show in the u.s., let's make a deal, deal or no deal. what is behind door number one when it comes to opec? jc: great question. all will be revealed tomorrow but it is all about oil this the major opec and non-opec players set to meet tomorrow. i want to revisit the current state of play for the oil markets. purple and blue is where the current price of oil is at, and take a look at that white line are allalks in vienna .round lowering that output we will talk more opec in just a moment. angie: for now, let's do a quick check of the state

reporter: the main focus on the market is oil producers in vienna. a short time ago on the european stock market shares were up. almost 1% in london. as a they have dramatically so far in trading today and that helped shares of energy companies of boosting in a london for now if the opec producers fail, we see oil prices fall again and we can see the opposite effect on the stock market. there is some optimism in trading today on the stock markets, at least, as we wait for oil producers to decide whether or not they will limit the main focus of the meeting in vienna. thes take a look at where price of oil is in trading. we are brent crude w tight i wti index over 7%. just brushing at close to $50 a barrel mark. optimismpressive as has risen of a meeting to limit oil supply has been reached in vienna using underway in good now. that's a level of $50 a barrel is less than half in what we're seeing in june of 2014. let's talk about a further where we go to london and to spencer wells. thank you for joining us from london. to missn mystic -- have it shoul

we are live in vienna. losing sleep. theresa may meeting her polish counterpart. ♪ is 6:19 in london. the nang seng currently trading higher at 0.8%. m&a spree, and they said they would generally bar overseas deals of $10 million and above. that is to prepare the guidelines for those flat curves. anna: sweeping curves on overseas dealmaking by the companies with -- by people with familiarity with the matter. it is putting pressure on its currency to weekend. there might be some in the west to have raised some eyebrows about chinese corporate's coming in and buying assets in western countries. the curve is to last until the end of september, 2017 apparently. thea lot of reasons about reasons behind these curves. billion-plus foreign property deals. big moves there by the chinese authorities. let's go to the bloomberg business flash with juliette saly. lufttte: live times a -- hansa pilots have announced new strikes for tuesday and wednesday. the strikes affected 345,000 passengers. the ceo says the airline cannot surviv

are you seeing any delegates from russia there in vienna? i am sure one of the delegates of russia has come. it is not an official meeting, but they should be attending before they go to the opec secretary. we are still trying to find out if any russian delegates are here. they are trying to figure out what is going on internally, before they confirm any news on production cuts. >> we are watching the latest on opec in vienna there. the clock is ticking in washington. gore are just 50 days to until donald trump moves into the white house. today we are hearing about three major cabinet picks, including a former foe. ramy inocencio made his ok. let's talk about the new team members. and very interesting names here, indeed. >> definitely loyalty across the board, except when it comes to romney -- mitt romney. the commerceto secretary, the most recent name to have dropped in the past few hours. that would be wilbur ross . win since donald trump did the election, but more about mr. ross. he is a 78-year-old billionaire and a former banker. he mad

we are live in vienna with a special guest. take it away. we are seeing goldman sachs saying 30% chance of a deal at the moment. a lot of momentum ahead of tomorrow, especially when the ministers will meet tonight. i am joined by someone coming to opec since 1986. michael rossman, thank you for joining us. bloomberg learned that the saudi's are taking a hard-line, that they will not cut it iran and iraq do not join. what is your take, is this hardball or real? >> it is real, i think, they to make abody wanting gesture and leaving countries out of the agreement is not acceptable. an all ored it as nothing, either all our participating or we are not here >. on oilre all dependent for the primary sources of revenue, there economies are centered on petroleum. the saudi's have a social contract and have been bleeding out the reserves for two years. the fact that they have been pushing opec towards a deal since february is what the issue seems to be. iran is trying to gain them and see what they can get from the saudi position before they agree or

and we've got the news conference just beginning in vienna. across that for you and you can watch it on the bloomberg on live go. brent both vti and up about 8%. president-elect donald trump is starting to form his economic team. --has nominated mnuchin nominated steve mnuchin and wilbur ross. the dollar is strengthening and keeps getting stronger. it looks like we have a team beginning to form that will want a stronger dollar and an opec agreement. will keep the dollar from continuing to strengthen? maybe the idea that these wonderful ideas are difficult to implement. there are two forces here -- one is the spending trump. he wants to build the wall and some people say it's good, but it is inflationary and not about the discipline. i happen to think yields go up because of high inflation expectations. what is good is investment in the u.s. is made easier. the plan to eliminate taxes on appreciation so you can depreciate assets the first year, restructuring the u.s. tax system to cost investment rather than consumption. those things are positi

is open tos minister reach a deal in vienna. the pilot strike has been extended for a fourth day through tomorrow. their act -- they're asking for more pay. cancelsa says they will -- disrupting travel for an -- mated vonnie: a quick programming note. successful leaderships in business. rubenstein travels the country talking to leaders to uncover their stories. on this weeks episode he spoke to texico ceo. >> not long ago and activists showed up and said maybe you should spinoff your stack business. what was your response and how did you keep the activist happy? to make sure is the company is managed for the next generations, performing well. i am an internal activist. my entire net worth is this company. vonnie: you can catch the latest episode at 4 p.m. eastern and 9 p.m. london time. investorsd, white etf are buying oil. this is bloomberg. vonnie: this is bloomberg markets. time for our weekly etf friday segment. let's head over to abigail doolittle. abigail: gold and crew to is a november theme in direct competition with com

she's in vienna ahead of the meeting tomorrow. what is behind russiaees decision here, this turnover. >> well, russia basically is thinking they're not going to do anything. say what they're going to do and we've heard from them. until o pepc are you going to watch. there's so much insiding. that without them having a deal it's rush -- it seems like point lard. what the cartel is going to be doinching. we do know that he is meeting with. in moscow. opec. we want you to. russia knows. they want to freeze. we've heard this from vladimir poe tefpblet >> they will not be attending nasmly not be doing anything until o peck makes their decision. >> does that mean opec is out of time for the deal here at least by tomorrow? >> well, i mean, anything can happen. and we've seen that over the past few months. but it's coming down to the wire. until the saudi, any iranians decide who's going to cut and much and bridge a gap, then there won't be a deal. >> the iranian patrol industry betweening that we will not have a quote avement >> they thi

ahead the latest from opec oil ministers in vienna. a suit regarding participation from saudi arabia. falling on this news. this is bloomberg. ♪ vonnie: i am vonnie quinn. this is "bloomberg markets". nejra: from london, i am nejra cehic. members failed to break differences on production cuts. let's get to vienna for the latest. what have we learned today? we learned that saudi arabia is ready and willing to walk out q failed to ira compromise on a deal. saudi arabia really playing hardball. the arabian minister has arrived. the iranian oil minister has arrived. they are saying they will not cut. oil prices really taking a div e e down. early this morning in europe, the iranian petroleum industry tweeted they will not cut production. we heard from the minister's mouth himself. both taking a hard-line. before they bridge a gap, it will be hard to break a deal. one analyst called it a greek tragedy. saudi arabia still saying libya and nigeria are excluded from everyone having to agree? >> yes. this was agreed in algiers. of this inso p

fox5's lauren demarco was live in vienna with the latest. what happened. >>reporter: we spoke with that man. he was really shaken up. he described a traumatic 0 or 15 a minutes where he says the other driver was trying to run him off of the road. it all started on the inner loop of the belt kay near national braddock road exit where the passenger side of the hyundai was shattered. he exited the beltway, headed into a gas station parking lot to call 911. he says that car, the other driver, followed him briefly, but then sped away. now he told us in half spanish, half english that is daughter, a five-month old baby was in the backseat screaming and crying. he says while the other driver was weaving around him he tried that he had a child in the backseat trying to get him to stop. you told him you had a baby. >> yes. > and he he kept. >> yes. > the man didn't want to be identified, he had some minor injuries, small cuts from the glass, but the baby was not hurt. he says when the window of his car exploded he never saw the cause. he didn't know what it could h

for "nightly business report," this is steve sedgewick, in vienna. >>> still ahead, stop the presses. why demand for real news is increasing as fake news spreads. ♪ >>> senator elizabeth warren is criticizing wells fargo's decision to seek arbitration for customers affected by its fake accounts scandal, rather than allowing them to sue. in a facebook post, the senator said wells fargo's promised to treat customers better in light of the scandal is meaningless, as long as it insists on arbitration. as we reported last week, the bank asked a court to uphold contract clauses that mandate orb arbitration something commonly used by financial firms to protect against litigation. >>> the nation's commercial banks recorded record profits in the third quarter. revenue and net income increased from a year ago. loan balances increased, and quality improved and the number of unprofitable and problem banks fell. >>> after years of falling numbers, the "new york times" is seeing a surge in subscribers, both print and digital, since the presidential election. for years, print media has suffered fr

crude oil pulling back in this exact leading to the opec meeting in vienna. the preliminary talks have stalled out and now in deferral of a decision of production agreement until tuesday. the sticking points are iran and iraq. copper pulling back a little bit and gold is down 2%. the vix's rise and a little bit as we get stocks going down. big corporate story have to do with eli lilly. the stories experimental alzheimer's drug. regression is setback in trial. it could have been a blockbuster drug. eli lilly said it will not only try to develop this but others to treat alzheimer's. it will take a nine cents charge as a result of this. the stock down about 13%. biogen is also developing alzheimer's drug is also down and juno therapeutics is plunging down and it was doing a cancer drug trial and two patients died, specifically for leukemia. definitely watching those drugmakers today. to a guestll speak about the eli lilly story. the gains we have seen. the stoxx 600 is down about 0.5%. the risk between the european and u.s. market keys on widening when it comes

in oil prices during its ministers meet in vienna, austria to strike a deal and production cuts. ministers from algeria say there will be until today. good morning to you. i'm lauren simonetti. nicole: good morning. i am nicole petallides. this moment outside are sent. the grill getting $2.27. lauren: stockmarkets watching the opening of his outcome. nasdaq futures up almost one point. nicole: in a shed the nikkei ended slightly higher in china shanghai composite index dropped 1%. lauren: the art of the deal. president-elect donald trump reaching an agreement with the carrier to keep 1000 american jobs in indiana. nicole: fox business headlines partner goldman sachs chairman steve minich and will be the next secretary. they will both be on the maria bartiromo letter this morning. lauren: facebook friends the mobile gaming on this messenger platform. nicole: in sports, the mets beat los angeles clippers but it took two overtimes in every dark rivers in what is being called the weirdest ending so far this year. lauren: i can't wait to see the ending. 5:01 a.m. in new york. the last

let us turn to what is happening in vienna right now. opec output production is in question as iran and saudi arabia reject offers. the nigerian it petroleum minister told bloomberg there is a lot at stake. >> i want to be optimistic. everyone relies on one central thing. if we don't do this, the price of oil will go up. -- the price of oil will -- that, i mean, everybody sort of sticking to their guns and playing hardball, but at the end of the day, the unity will converge. if we need to have -- we will. be leader theo somethat there will not be level of agreement. i think we will find our way around it. guy: interesting interview. recorded conduct -- annmarie hordern conducted that interview and joins us on the phone. >> they are far apart in terms of what we are hearing. the nigerian oil minister said it is not as bad as it seems. the the iranian left to hotel, he said his expectation for the opec meeting was that they would not cut or freeze and the saudi's essay they will walk out of the vienna without a deal. guy: what happens if t

talks are being held before the meeting in vienna. so far, they have failed to bridge their differences. talk to you.ood to hours of talks. 10 hours of technical talks. are they in the -- are they any closer to an agreement? >> not closer to an agreement. 10 hours that yielded nothing concrete. game is thes poker best way to describe it with everyone keeping their cards close to their chest. it comes down to we are seeing iraq and iran increasingly not wanting to budge. putting them in opposition to the saudi's. over everyghting single barrel. it comes down to 7%. theians do not want to cut 7% that the saudi's are asking them to cut. until we can get them on the same page, it is looking likely that they will not be able to bridge a gap. -- they will need to agree on who will cut. is not just about barrels of oil. how does the complex political backdrop play into the discussions? baggage atpolitical its finest between these two countries. especially the iranians. yesterday in the state newspaper the iranian oil minister said this is th

we will be live in vienna. and new comments from saudi arabia, suggesting low expectations of a production cut agreement. later, we will look at how the bond market is pricing in those political problems in europe. and it is cyber monday. did retailers get the bounce they were hoping for? this is bloomberg. ♪ matt: welcome back to the european market open. european markets are open and trading with a sea of red, really, after mixed indications on futures. the ftse is down .6% and the cac is down 2/3 of 1%. european markets are not moving up in the way we saw overnights with asian markets and global markets then. we do see u.s. futures down as well. it could be a red monday, guy. guy: something to watch out for. aberdeen is doing well. aberdeen, up 4.2% this morning. the market is liking what it is hearing from that business. european banking sector is off this morning. commerzbank, softer. unicredit, also softer. so, some fairly big names and numbers coming through. i think italy will increasingly dominate to

he is cooperating at restaurant in vienna right now. thankfully, no serious injuries as a result of the situation but the police continue to investiga led up to and what happened in the likely road rage incident. we will bring you more information as we get it. alison: thank you, jeff. be the first to get updates on the breaking stories like this. log on the wjla.com/text and enter your phone number. we'll send you updates to your phone. in other news, melania trump husband republican presidential nominee donald trump. today giving her first big speech to supporters solo. lindsey mastis has the highly anticipated speech. lindsey: this is the first time that melania trump gave a speech since attending the republican national convention. she was accused of plagiarizing a speech made by michelle obama the last time around. today the melania trump said the u.s. got too mean and too rough and she focused on motivating the >> this is not an ordinary campaign. it's a movement. a movement for people to feel included, inspired and involved. i ha

bloomberg's and reporter reporting from vienna. we are waiting the news conference with bated breath. we are keeping a close check on oil. friend has gone above $50 a barrel -- brent has gone above $50 barrel for the first time since october. still ahead, we will look at some of the biggest market movers in the early u.s. session, including energy stocks , what else can getting a boost from the opec deal. this is bloomberg. ♪ nejra: live from london and new york, i am nejra cehic. vonnie: and i am vonnie quinn. this is "bloomberg markets." time for the biggest business stories in the news right now. china has added restrictions to pulling yuan out of the country. china will not approve investors to bring overseas for foreign currency unless there is a valid business reason. the government is trying to prevent capital outflows from destabilizing the financial system. the concept has made a concession to restart contract talks with the striking pilots. agreed to give back some benefits paid a series of walkouts have led lufthansa t

we had meetings in the anna. -- vienna. how optimistic are you? >> when you mean to strike a deal, the terms of the deal are important. what is more important is enfo rcement and how you actually make sure whatever is agreed to will stick. now, this has been quite difficult historically. ,f you bring a new actor in russia, which is a powerful force, a large producer, things become even more difficult. now, russia is increasingly willing to strike a deal because they have oil fields with very high costs. they are probably producing at a loss. there is a need for them to make this oil market tighter. and the seniorin decision-makers in moscow have tried to reach out to opec. whatwe need to see exactly opec wants, how opec wants to play this. if they want to reach a deal, trust putin, or stick with their strategy. i am not sure they have made a decision. we have a month to see the result of all this talk, as you say. in the meantime, the market will have $50 per barrel. go on, the news will definitely influence the market. we will see volatility. >>

hours to go and tell the formal meeting in vienna, 10 hours of technical talks did not reach any sort of conclusion. what are the sticking points? irane two big points are and iraq. say has been trying to during these talks that they should be exempt from production cuts because they are still building up production from pre-sanction levels. they are 3.7 million barrels a day and want to get closer to 4 million barrels before they freeze production. saudi arabia wants them to freeze production now. they are still a couple hundred thousand barrels apart. saudi arabia said and maybe we don't need the cuts after all. some people are saying that has a poker game between the two of them, who will call the bluff first. there is a pretty big divide there. highernts to produce at levels than other members want it to. those are places where they need to bridge divides within opec before they can reach an agreement today. the thing is, does there seem to be any chance of the deal right now? >> our friends at goldman sachs looked at the oil market yesterday and did some analysis. the market is b

an opec nations will reach agreement at this week's meeting in vienna. to taketalks are due place, but were canceled after saudi arabia pulled out. they called an internal meeting to resolve their own differences, including whether iran and iraq will cut production. discuss the task ahead with our guest from arabia monitor, the chief economist. florence, great to see again. >> hello to you. desley: this is the crystal ball gazing we are all doing at the moment. does it all matter? we have saudi's saying they are not going to talk tomorrow. we have iran, iraq on the sideline. >> it matters more in terms of the downside rather than the ,pside. if this doesn't happen we could see a slide in the price of oil. it could be miserable looking. if it does happen, i think the upside is actually limited. said that, the saudi's would like to see this happen. ,owever, it is clear differently from the enthusiasm they had demonstrated a couple months ago, they are now saying we are going to -- we are not going to shoulder the bulk of the burden. that is clear. ball, ot

in vienna no deal was actually done. iran has an exemption, but they keep going. the questionnaire asking themselves, they want to get to 4 billion -- 4 million barrels a day. he is on a whirlwind tour in venezuela and ecuador and iran. he also had a meeting in london. let's put it together. have big oil and big diplomacy of opec, which leads oil producers exempt from cuts. tracy: peek diplomacy indeed. we have seen oil holding stable. what is the markets view of a likelihood of a deal at this moment in time? manus: we have done a bloomberg survey and analyzed, 14 out of 20 analysts believe there will be a deal on november 30. only seven of the 20 say you will have targets because former deals, real deal to make real when you have proper and specific cuts allocated to individual countries. that potentially will not happen. the market is short. the deal is not the deal that the market has. i leave you with a bat, 14 out of 20 say there will be a deal, seven say you will get a property. that was manus cranny for us. ipo, is supportive of the he expects to bring tran

that's why the result reached in vien vienna, so far should not be estimated. we're welcoming the subset of 12 guidelines agreed to, but there is a little work to be done in order to satisfactorily achieve by 2018 the task of drafting the entire set of the guidelines that would provide for the aggrega aggregate. we consider this entire integrated state of the guidelines extremely important. we surely do not want to make optimistic assumptions, but we have to say that there isn't meeting in the working group in vien vienna. finally, attempting to agree substantive space security issues may be achieved. the russian side was diligent in going to its share for work as regards to pragmatic updating of russia proposed gradraft guidelines. to compromise existing differences, and in position of various delegations adhered to. recent discussions in vienna and the fact that the delegates under the guidance of chairman working group, mr. peter martinez, succeeded in achieving a balance served to prove that a consensus of pertinent safety and security issues not to be so d

analysts do say traders are taking a wait and see attitude ahead of the opec meeting in vienna. caution remains as a meeting scheduled for opec and non-opec producers was called off after saudi arabia declined to attend. and turning to markets elsewhere, we're seeing other markets modestly higher. seoul's kospi trading up by 0.06%. and australian shares up b by .10%. >>> japan's seniors spend nearly $40 billion a year on this children and grandchildren, they use the money not just for gifts but services that bring their families closer together. we tell you more about the business that caters to grandma and grandpa. >> reporter: my grandchildren live far away. i only see them twice a year. >> translator: i'd hilike to se them as much as possible, but they're very busy. >> reporter: you hear statements like that a lot in japan these days. older people are seeking more contact with their family members, and a new kind of industry is trying to help. this couple see their grandson in new york avenue daevery day though they live in japan. >> translator: he sounds excited. >> reporter

i fixed you vienna franks and tomato sauce. you wanna smell? uh, no, thanks. i have a cold. oh, i'm sorry to hear that. uh, judy? uh, before you go into the kitchen, uh, i wanna talk at you for a minute. just--just give me the pot. come over here for a minute. sit down. make yourself comfortable. i'll just put this over here. uh, judy... there's something i think you should know. me? now, you tell her. no, i think you should tell her. somebody tell me. oh, well, ok. i'll tell her. uh, here--judy... did you ever see a movie called lawrence of arabia? [shouting] would you stop with the movies and tell her? ok. all righty. ok. i--i'll tell her. it's--j-j-j-judy, first, the good news. lamont is willin' to step aside so that i can marry you. and now the bad news. i can't marry you. i don't believe this. w-w-w-w--yeah. ye-ye-yeah, it's true. you see, his father, when he left, he put me in charge and he told me to look out after his only son. now--now, if i would leave and go off to get married now, so, this is really a bad time for me to get married. yeah. uh, and--and it's a bad

up next, though, oil on the move this morning as opec meets in e vienna. live report coming up next. generosity is its own form of power. you can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues. don't start a war you know you're going to lose. finally you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. >>> here's what's making headlines at this hour. royal bank of scotland cutting costs and boosting capital levels. that comes because the bank of england -- the bank failed this year's bank of england stress test. rbs has a capital shortfall of about 2 billion pounds. the equivalent of about $2.5 billion. >>> consolidation continues in the supermarket business. albertsons is buying privately held price chopper for about $1 billion. regional g

only coming every 20 minutes mis even during rush hour.ou and like we said all the way w from that vienna to newvina to carrolton on the orange linerann and then between wiehle-restonet east to largo on the silver s ne.e. >>> metro even warning that right in those later stationstin very, very crowded trains, possibly so crowded that youtou might not even be able to on the train that you wants.hats now, imagine.magine. that you're going to miss yourtu train and then have to wait wt another 20 minutes. really they're telling riders rr it really in some cases may m not be worth it. i even shuttle service is going gi to be very limited only from ballston to either rosslyn orosn to the pentagon orange and silver riders this will be their fourth safe track surgeths they've been through, 91 days totaafen tl they've hhrad more n to be over. ove >> being as that's our only commute back and forth, theyorth should give us some type of alternatives to get back and bad forth to work on time 'causeimec that's going to make a lot of people late. >> there's something thatet tha needs to be done, yeah, in

that's why the result reached in vienna, so far should not be under estimated. we're welcoming the subset of 12 guidelines agreed to, but there is a little work to be done in order to satisfactorily achieve by 2018 the task of drafting the entire set of the guidelines that would provide for the aggregate. regulation of space -- we consider this entire integrated state of the guidelines extremely important. we surely do not want to make optimistic assumptions, but we have to say that there isn't meeting in the working group in vienna. finally, attempting to agree substantive space security issues may be achieved. the russian side was diligent in going to its share for work as regards to pragmatic updating of russia proposed draft guidelines. to compromise existing differences, and in position of various delegations adhered to. recent discussions in vienna and the fact that the delegates under the guidance of chairman working group, mr. peter martinez, succeeded in achieving a balance served to prove that a consensus of pertinent safety and security issues not to

david: covering stories from havana and washington and vienna. oil falling below $46 a barrel as opaque members have failed to bridge -- there views on production cuts. donald trump takes an obamacare opponent as secretary of the department of health and human services, what this means for health care in general. we speak to the ceo of 11 james, they think it is time consumers share timepieces willingly as they share rides and rooms. watching whattors is going on in vienna. >> earlier we had stock , perhaps even in anticipation of the uncertainty around the opec situation. unchanged- that market perspective. 1%, ondaq is up 6/10 of record closing high. an intraday record high at this moment. for one market -- oil below $46 per barrel, down sharply on the day, down more than 3.5% as investors are nervous around -- about whether opec can't hammer a supply good deal as i ran saying they will not cuts of life with saudi arabia saying in order for saudi arabia to agree to a production cut, iran has to join. lots of uncertainty around the price yesterd

is going to mean continuousontis single tracking along both trains only every 20 minutesin between vienna to newtwee can rrolton on the orangvie line and between wiehle-reston eastos to largo on the silver line. >>> metro is warning customersts that there will be veryer crowded trains and platforms,, the possibility that riders may not be able to make itake i onto the train that they want. imagine that. tt. then you have to wait anothere o 20 minutes to try to crowd ontoo another train. there's also going to be very limited shuttle service here her only from the ballston station taking riders either to te pentagon or to rosslyn.. the orange and silver line lin rider have had their share of pain. pain. >>> safe track started onfe tra these two lines back in june. j. riders tell us they're justy'res ready for it to be over. >> being as though that's ourugo only commute back and forth, foh they should give us some type t of alternatives to get backack and forth to work an time because that's going toto wor mk lot of people late.at there's something that needs better metro system. >> reporter

they're like vienna sausages. sounds like you have company. they're not going anywhere. so, you're coming home from work. that's great. how was work? well, you know, it's a cheesecake factory. people order cheesecake and i bring it to them.

they tracked him here.ed h they spotted him at this vienna strip mall. that's why we're out here. they found him here, questioned him. he is a 25 year old man but he was not charged. so far no charges filed. we're told that officers did nod find any weapons on him when they questioned him here thishis afternoon. now, as for the father and the baby, police say that they areey they say that h this is a reminder not to engage ine another driver in road rage. this guy did, he tooktook appropriate action. i quantity speak to his actions during the alleged ongoing incident, but my advice would be especially with a child in the vehicle, pull over and disengage as quickly as you can. speed is not going to help it. you're not going to speed and get away. get to the closest shoulder while you're doing that ifat i you've got your 911 and just take speed out of the whole equation and try to just minimize your he emotions. > now, this whole incidentiden remains under investigation and if youin witnessed it today on e beltway between national harborr and braddic road, police want to hear from y

opec meets wednesday in vienna. shares and asset management is rising most of the firm is maintaining its dividend. fled.ors have aberdeen's ceo spoke with francine. >> i tell you it is looking better in the fourth quarter. we saw inflows into our emerging markets. president-elect trump might be good news for the u.s. market but it certainly hasn't been good news for emerging markets. people think he might be a protectionist. so, it could be a buying opportunity. aberdeen's management increased 10% on this year. that is the bloomberg business flash. the french republican party's candidate for the presidential election, the former prime minister defeated his rival in a second-round runoff. taxes. is to slash >> the victory is mine and it a victory based on beliefs. withn to the french people a project and my values. i felt this wave with only foreseen scenarios. francine: we're joined from paris now. first of all, how much of a surprise or the polls? to its ago there are completely wrong. can we even trust the polls

the go live to vienna for an update. we go live to vienna for an update. starting a new initiative. to the bank of canada for an interview. halfway into the trading day in u.s. abigail doolittle is here with a synopsis. abigail: looking at modest declines in the u.s. have all indexes lower. the focus has been the idea that the string of record highs for the dow and s&p 500 has been snapped. the focus should be we are still on record watch. the dow was down 26 points a a 10th of 1%. as for the russell 2000, this small cap index is being hit the worst. up 15friday, it had been days in a row, the longest winning streak since 1996. pretty amazing, but looks like it is coming to an end. interestingly, we are not looking at a strong risk on or risk off seen. oil, the growth year, risk on commodity is up nicely. we do have the bloomberg dollar index down slightly. sense ofnot a huge modest declines. risk we do have distinct is retail, this after the black friday holiday. amazon, macy's, and jcpenney all trading lower. online sales rose 18% over last year. amazon is lower. jcpenney is reall

steve out in the cold there in vienna covering opec for us. >>> let's move on and look at what european equity markets are doing. pretty mixed on the open. we saw european equity markets sliding a bit. down by a tenth of a percent or something like that. looking now at ftse 100, xetra dax off a tad. the cac 40 and ftse mib just a bit higher. the sectors, retail, construction, banks trading up. maybe the retail sector is a little bit of a fourth quarter play heading into the holiday seasons. i actually bought christmas presents online yesterday, can you believe it? first time ever. autos, oil and gas and basic row sources off bay percent and a half. >>> actelion is considering a highly complex deal to combine with johnson & johnson's pharma division to create a biotech giant. that's according to a report from the financial times. this after johnson & johnson confirmed last week it was in preliminary talks with the swiss drug company. if agreed, j&j would become a major shareholder in the combined energy, while actelion would retain independence from the u.s. term. >>> maersk and dong ene

. >> i'm from austria -- it's like vienna or frankfurt or wherever you go -- all these nice little towards a nice little presence you can buy and christmas cookies, and smoked salmon of course. a lot of good stuff. >> if you did a good chance to check out the christkindl market market, this weekend -- continues through december 23. get ready to nerd out. tickets for "rogue one: a star wars story" go on sale tomorrow. the ticket sales announced on twitter with this tweet -- darth vader of course making a brief appearance in the rogue one trailer. fans have been eagerly waiting for this movie to come out. both a spinoff of star wars and >> i figured you had your star wars costume lined up. [ inaudible ] serving food with no strings attached. >> most people are fair and honest and want to contribute. >> how one restaurant hopes to inspire others to pay it forward with this unique business model. >> and an eight -month-old is >> here is a live look at mile high stadium were bronco fans are counting down to the game. thank you for staying with us at i'm ready. tonight the broncos will face the

police found the suspect in vienna, but didn't find a weapon. it's unclear what was used to break the window. right now- there are no charges. thousands are evacuated from a las vegas hotel after a massive power outage. a contractor apparently cut into the paris las vegas hotel's main power line just before 10 thursday morning. evacuations began shortly after. no injuries were reported but fire crews did rescue 11 people trapped in restored later this morning. coming up at 5 am, we will hear more from guests- who are now looking for another place to stay. happening today. walmart is rolling out it's new holiday offers. this season the retalier will have holiday helpers, ready with candy canes and smiles! it's meant to add holiday cheer while speeding shoppers through checkout lines. store's will be set up as winter wonderlands and will stock up with more exclusive merchandise than ever before. another cool new feature this year, in sotre holiday selfie booths! you may not be ready to start singing christmas carols, since november just started. b

train malfunction at cheverly.hl orange line residual delays to vienna. >>>vi blue line earlier mapp malfunction ate line king streer blue line residual delays tosidy largo town center. green and yellow line becausee of a medical emergency at l'enfant plaza residual delayss in both direction.tion residual delays to branchal avenue. del that's in addition to safeto sae track surge 10 slowing downrg the red line out bye 10 noma-gallaudet.udet e by 123. >>> the left lane is closed. cle we are stacked all the wayhe w back to 234 prince william wli parkway with about a 45 minuteut delay right now. now give yourself extra time.ime. if you are trying to get tg to t around that and you're takingin say 29, there's some heaviereavi traffic building there. there new york avenue northeaste nort there's a crash at bladensburg road.. delays all the way become to t south dakota. 295 kenilworth southbound jamsja because of congestion. 410 to the 11th street bridgetri and then inbound four out inn at dower house road with wit delays past ritchie marlboro. northbound 301 t