news. the headlines at 10. european union leaders meet in brussels to agree joint guidelines for for brexit negotiations. before discussing the future, we have two sort out... north korea test—fires another ballistic missile. donald trump says it shows "disrespect" to china. theresa may will campaign in scotland today for the first time since calling the general election. solicitors representing patients of breast surgeon ian paterson say many more women will seek compensation. also in the next hour, the heavyweights head for wembley. around 90,000 people will pack into the stadium tonight as anthonyjoshua faces wladimir klitschko in the richest bout in british boxing history. keeping cool at gunpoint. the cashier who didn't bat an eyelid when confronted by an armed robber. and at 10:30, the travel show is in ghana as it celebrates 60 years of independence from britain. good morning, and welcome to bbc news. european union leaders are meeting in brussels to formally agree their negotiating stance for brexit. the preside

with me are bonnie greer, playwright and writer for the new european and former newspaper editor eve

news. european union leaders have demonstrated a united front as they arrived for a meeting in brussels tomally agree their negotiating stance for brexit. italy's prime minister said it was an opportunity to re—launch the eu, while the french president francois hollande, said britain should not be punished for leaving the eu but it was inevitable it would be worse off outside. my colleague ben brown is in brussels. thank you very much. all the leaders of the 27 remaining eu states are now here for the summit, a very brief summer, just over three and a half hours, just to finalise the eu's negotiating position with britain over brexit. we have heard already from the european council president, donald tusk, who was saying that there could not be parallel talks, which is what britain had wanted, and a future trade agreement and the terms of the divorce settlement. he said britain has to pay its divorce settlement or at least agree, make substantial progress on agreeing what the divorce settlement should be before moving on to discuss the future, as he put it, in terms of a future trade agreem

news. european union leaders meeting in brussels have unanimously adopted

are anne ashworth, associate editor at the times and bonnie greer, playwright and writer for the new europeanmorrow's front pages. the mail on sunday continues its campaign against videos on google and youtube which show violent or terror related content. tomorrow's story highlights a video showing how to penetrate a stab vest. britain's airports and nuclear power stations need to tighten their defences against terrorist attacks in the face of increased threats to electronic security systems, that's according to a story on the sunday telegraph's front page. british passports could soon be changing colour to dark blue, as part of a £500 million post—brexit redesign, that story on the front page of the sunday express. the sunday times has a story about how multi—millionaire peers are claiming tens of thousands pounds a year in expenses for attending the house of lords while making little or no contribution to debates or committees. and the observer reports pressures being put on the government by some cross—party mps who want to guarantee that eu nationals would still be able to work in the nhs

with me are bonnie greer, playwright and writer for the new european and former newspaper editor eve. i'm really looking forward to tonight, ladies. tomorrow's front pages: the mail on sunday claims the conservatives‘ opinion poll lead has been slashed in half because of theresa may's plans over tax and pensions. theresa may parks her battle tanks on labour's lawn, according to the sunday times, as it reports on tory manifesto plan to offer £100 off energy bills for workers. the sunday express claims "one—in—seven labour voters turns "tory" in a forthcoming political earthquake as the paper "tory" in the election as the paper reports that labour voters are deserting jeremy corbyn. jeremy corbyn "puts uk at terror risk" is the paper reports that tory campaign strategists claim the labour leader would not take the right decisions to keep the country safe. the observer reports a pledge from lib dem leader, tim farron, that he won't do any coalition deals, saying he wants the liberal democrats be the main opposition. so let's begin. you think no one will pay attention to polls after the

ashworth, who's the associate editor at the times, and bonnie greer, playwright and writer for the new europeanry glad you have hung around for the next review. i would be no good on my own. tomorrow's front pages. the mail on sunday continues its campaign against videos on google and youtube which show violent or terror related content. tomorrow's story highlights a video showing how to penetrate a stab vest. britain's airports and nuclear power stations need to tighten their defences against terrorist attacks, according to a story on the sunday telegraph's front page. british passports could soon be returning to theirformer dark blue livery following brexit, according to the sunday express. the sunday times headlines the news that some peers are claiming thousands of pounds worth of expenses for attending the house of lords, despite making little contribution to debates or committees. and the observer highlights pressures being put on the government by some cross—party mps who want to guarantee that eu nationals would still be able to work in the nhs after brexit. several brexit — related sto

and ellie downie becomes a history maker at 17, she's the new european queen of gymnastics. again. england manager gareth southgate sez the death of his friend and former teammate ugo ehiogu is difficult to come to terms with. the two played together at both aston villa and middlesbrough, and paying tribute today southgate says he's stunned and deeply saddened at his passing. former wales international striker dean saunders spent three years alongside a young ugo ehiogu at villa. asa as a person he was like, you know, i've describe him as he could have been a doctor or policeman, he was one of them type characters who was methodical in everything he done, really dedicated. but on the training pitch hejust... you wanted him in yourteam, training pitch hejust... you wanted him in your team, you training pitch hejust... you wanted him in yourteam, you didn't want to play against him. a bit like playing against martin keown, quick, strong, aggressive, and he had the knack of hurting you in training every day. but he was a great character, i can't believe we're even talking like

the headlines on bbc news: european council president donald tusk calls on britain to come up with apen to eu citizens living here after brexit. the prime minister tells voters in scotland that every vote for the conservatives will strengthen the union and strengthen her hand in brexit talks. labour leaderjeremy corbyn has defended his style of leadership, saying other party leaders had given in to vested interests and manipulated the public. sport now and a full round up, from the bbc sport centre. after ten successive seasons in the premier league, sunderland have been relegated to the championship. their fate was sealed by a one nil defeat at home to bournemouth. josh king scored the only goal with just two minutes left. that condemned sunderland to a 23rd league defeat this season. that, coupled with hull city's draw at southampton means david moyes' side are down. sadly, we are all obviously disappointed, feeling more for the supporters that support the club. they come and watch regularly, they are the ones you feel most about. we take collective responsibility, from the top to

she will return the country to the national currency and she will try to negotiate a new european treatyferent european visions there between emmanuel macron and marine le pen. there is of course, much more about the election on our website including live updates, right now of all the latest reaction. just go to to bbc.com/news. still to come, forget about faster, higher, stronger, how about older, cover and healthy? we will meet an ageless athletes. the stars and stripes at half—mast outside columbine high. the school sealed off, the bodies of the dead still inside. i never thought they would actually go through with it. some places have already had nearly as much rain as they would normally expect in an entire year. for millions of americans, the death of richard nixon in a new york hospital has meant conflicting emotions. a national day of mourning next wednesday sitting somehow uneasily with the abiding memories of the shame of watergate. and lift—off of the space shuttle discovery with the hubble space telescope, our window on the universe. this is bbc news. i'm tom donkin. the late

she would try to negotiate a new european treaty that she would then put to a referendum. marine le pen. thank you forjoining us that thomas. but let's look at the economic reaction to the result. the bbc‘s rico hizon is in singapore for us. on the start of a new trading week, how have the markets reacted to this result? if we look at the currency numbers in the morning trade, there isa numbers in the morning trade, there is a lot of volatility between the euro against the us dollar, and against the japanese yen. in early trade, the euro trade rose sharply, jumping toa trade, the euro trade rose sharply, jumping to a five—month high against the us dollar. investors are generally breeding a sigh of relief that pro—european emmanuel macron has taken a lead over far—right candidate marine le pen in the french presidential race. and the european single currency trading as high asi.o 937 european single currency trading as high as 1.0 937 and that was up by about 2%. but there is a lot of volatility in mid—morning trade with the euro now trading just below 1.08 to the us dollar.

are anne ashworth, associate editor at the times and bonnie greer, playwright and writer for the new europeanon bbc one will join us for a round—up of the news with kate silverton. the help—to—buy scheme was meant to support lower wage earners in england buy theirfirst home. but it's emerged thousands of families on high incomes have also benefited. i spoke to a property expert who began by speaking about what the scheme was initially set up to achieve. the scheme was introduced in april 2013 and at that time, the mortgage market was still very difficult. house—building was still at a low level. the scheme was designed to do two things: to encourage more house—building and to help people who could only get a small deposit, particularly first—time buyers. 81% of people who have used the scheme are first—time buyers. with a lot of the developments, 40% of sales have been with this scheme. bearing in mind that there was very little access to 95% mortgages at that time, it has made a big difference firstly to the number of houses built and secondly to the people who can afford to buy them. so it

news. european union leaders meeting in brussels have unanimously adopted guidelines for negotiating britain's withdrawal from the eu. labour leaderjeremy corbyn urges young people to "claim theirfuture" by voting labour in the general election. theresa may will campaign in scotland today for the first time in the campaign, she's expected to ask scots to vote for her to "strengthen the union". the uk believe it paul nuttall is to stand in boston and skegness, i area which voted 75% to leave the eu. north korea test—fires another ballistic missile — donald trump says it shows disrespect to china, and the japanese premier says it is a serious challenge to the international community. now on bbc news, talking movies, from the tribeca film festival hello, welcome to special tribeca film festival edition of talking movies. i'm tom brook. in today's programme, with sections on gaming, television and virtual reality, is tribeca moving away from being just a film festival? we will always be about film. that's without question. that's in our dna. but this was a festival in which the wonders of virtual

evening in the papers. 0ur guestsjoining me tonight are bonnie greer, playwright and writer for the new europeannd former tabloid editor eve pollard. more than 50,000 service personnel and police officers are being deployed across france in preparation for voting in the country's presidential election after the killing of a police officer in paris. terrorism dominated the final day of campaigning after the shooting, and security has been increased before polls in mainland france open tomorrow. ican i can tell you a little bit about the final poll that was finished and posted last night before the campaign finished. it has been growing every day, 1500 people polled and it put macon in front. behind that, the former prime minister. they are all pretty close. it's possible that a few thousand votes will separate them by the end of the evening. it will be taped and plenty to look forward to tomorrow. i was thinking how quickly things get back to normal here in france. they have proven resilient before. looking at the chanson bizet tonight, there are thousands of people walking down the shops and sit

our guestsjoining me tonight are bonnie greer, playwright and writer for the new european newspaper andtabloid editor eve pollard. the people of france go to the polls tomorrow in the first round of one of the most important and unpredictable presidential elections of recent times. combating terrorism is a key issue after the killing of a police officer in the capital on thursday and additional security forces will back up 50,000 police officers nationwide for tomorrow's poll. lucy williamson is in paris for us tonight. in the lull before france's presidential vote, those out campaigning today weren't supporting politicians. this rally was for the police. black balloons for those killed in the line of duty. pink for the family they leave behind. their message, the police need protecting too. iama i am a wife of policeman and i am very, very angry because i love him andi very, very angry because i love him and i don't want that someone come here and kill him like that. one of the baloons was for xavierjugele, attacked on the champs elysees this week. xavier was on duty near the bataclan

in the papers — our guests joining me tonight are bonnie greer, playwright and writer for the new europeanlard. the french government has mobilised additional security forces, including elite units, to back up 50,000 police officers for tomorrow's presidential election. terrorism dominated the final day of campaigning, after the killing of a police officer in the capital on thursday. less tha n less than 2a hours now? less than 24 hours now? yes i do think there will be quite a bit of anticipation. i can tell you about the final poll published last night at 6:30pm, before the campaign finished, it has been ruling every day, 1500 people were appalled and put macron out in front by two points from le pen with the former feminist and just behind and the far left candidate. they are all pretty close, it is possible thatjust a few thousand votes will separate them by the end of the evening so it is good to be very tight and plenty to look forward to tomorrow. but i was thinking how quickly things get back to normal here in france, they have proven themselves to be resilient before but is lookin

ashworth, who's the associate editor at the times, and bonnie greer playwright and writer for the new europeanhas been critically injured in a gang attack in south london. it's understood the boy was set upon at a bus stop in croydon after the group discovered he was an asylum seeker. police are treating it as a hate crime. chief superintendentjeff boothe is the borough commander for croydon. he's described the attack. it was i would say if frenzied attack. a large number of people. a young person on the floor, kicking this individual repeatedly, and by all accounts member of the public asking them to stop. they continued. and it was only when the sound of police sirens and this frenzied, horrendous attack actually stopped. for me that is completely unacceptable. there is no place for this type of crime to take place. we believe it is a hate crime. prior to the attack taking place the young person was asked whether from and when they said they were an asylum seeker, that is when that frenzied attack took place. the help to buy scheme was meant to support lower wage earners in england buy their

ashworth, who's the associate editor at the times, and bonnie greer, playwright and writer for the new european

she is the new european queen of gymnastics.aker are one is difficult to come to terms with. the two played together at both aston villa at middlesborough, and paying tribute today southgate says here stunned and saddened that at his passing. former wales international striker dean saunders spent years alongside ugo ehiogu at villa.|j described him as being like a doctor ora described him as being like a doctor or a policeman. use one of those characters who was... methodical in everything he did. dedicated. on the training pitch, he used you wanted him in yourteam, training pitch, he used you wanted him in your team, you training pitch, he used you wanted him in yourteam, you didn't want to play against them. it was like... quick, strong, aggressive. he had a knack of hurting you in training every day. he was a great character, i can't believe we are even talking about this. there was a tribute to the former england international star before the start of tonight's championship match between norwich and brighton, where fans and

end of the two years when the united kingdom will leave the european union to the moment when it has been possible to negotiate a comprehensive new agreement to govern relations between the u.k. and the european union. host: we can show this on the screen. the different steps involved, but why article 50? what does it all mean? guest: it is called the lisbon treaty because it was signed in the city of lisbon. name of oure the treaties to the city was trying. i mentioned the rome treaty going back to 1957. this was a last change to the treaties of the european union, which we successfully updated after the treaty of rome. we had a treaty called the single act coul. then we had the amsterdam treaty. the lisbon treaty is the latest installment in that. included in that was a provision that allowed a member state to leave, something that had never been exquisitely laid out in our treaties before. theay need to foresee possibility that some point somebody might decide they wish to leave. the sets out the procedures by which a country having decided in conformity with their own domestic constitutional arrangements that they wish to wit

win if: if macron does he can become the leadership of a new european union? hat is what many in france help here that he can rejuvenate the european union. the picture of the european union was always a french jockey on a german horse. the jockey has been mud-bound for a long time. how quickly amnesia about what the european union accomplished coming out of 70-years of the ever fought, wars certainly in the west. the european union has given europe, with all of its faults and bureaucratic nonsense, 60 years of prosperity and peace. charlie: it was overwhelmed by the notion that brussels was controlling local affairs. >> brussels made it easy. they went too far. now, people are resisting. charlie: emmanuel macron appeared on this program a number of years ago while he was the economics minister in the .ollande government here's one question i asked about the future population in -- of populism in europe. emmanuel macron: populism in europe is an economic crisis and unemployment. absence of by the vision. i am not concerned about that. i just want to solve the s

. >>> in other news, european car sales surged to a record high last month as car sales took advantagea surging economy. european sales rose and sales in the uk rose more than 8%. the big winners, fiat chrysler and renault as volkswagen lagged. in china, auto sales have been in overdrive the last few years, but is that massive run about to hit the skids. let's go to phil lebeau live for us at the shanghai auto show. >> let me show you a chart that gives you perspective on the growth in auto sales in china. in particular when you compare it with the growth in auto sales in the u.s. we talked for years really last three years about how the u.s. auto sales have been at a record level. look at where they are in china. more than 24 million vehicles sold last year in china. this year it's a slightly different story. it's been a rocky start to the year in china for auto sales. up 2% year to date. part of the problem is that the government raised the new vehicle tax from 5% up to 7.5%. had a number of people saying wait a second, i'm not sure if i should buy now or perhaps wait for them to low

news. the headlines at 10. europeanmissile. donald trump says it shows "disrespect" to china. theresa may will campaign in scotland today for the first time since calling the general election. solicitors representing patients of breast surgeon ian paterson say many more women will seek compensation. also in the next hour, the heavyweights head for wembley. around 90,000 people will pack into the stadium tonight as anthonyjoshua faces wladimir klitschko in the richest bout in british boxing history. keeping cool at gunpoint. the cashier who didn't bat an eyelid when confronted by an armed robber.

ever since the time europeans came to north america, there was the idea that it was a special land that could be molded interest an ideal society and that was true for the so-called new world, that other europeans discovered. the founding fathers in many cases felt that providence was on their sound as they founded the american democracy we have today, and still in 19th 19th century there was another period with manifest destiny where the country started expanding westward but that was really a repetition of these long-standing ideas about mesh american greatness and uuniqueness and fought in american exceptionalism is part of that. it was redefined from a concept meaning that america is an exception objectively to mean a faith in american superiority and this redefinition occurred around the time of barack obama's presidency because the references to american exceptionalism skyrocket about the time that obama was elected and many republican leader accused own on of not believing in american exceptionalism and trying to transform america in europe and canada that a sociality agenda and at the same time others some politicians were accusing barack obama of not having

news. >>> european markets closed higa yemmanuel macron -- after macron secured the votes. the german closed at a high. u.s. stocks joined this worldwide rally since the election in french. the nasdaq in the green up 76 points and the s&p having a positive monday up 26 points. >>> and you may want to think twice before reaching into that bag of potato chips. frito lay are recalling their jalapeno po potato chips and it's because of concern of salmonella. >>> we're hearing that apple ceo cook threatened to pull uber. they're reporting that uber would track iphones even after the app was deleted. uber says this helped and protected drivers from fraudulent drivers would hail a ride with a stolen credit card. uber attempted to hide the tracking system from apple engineers. today, uber-apple relationship seems to be okay. and the uber app is available in the apple store. >>> the cost -- the county for a 6-figure -- >>> the controversy continues over a planned speech by commen a tore anne coulter and the lawsuit in the works over her scheduled appearance. tator anne coulter and t

news. the headlines at six. european union leaders unanimously agree guidelines for negotiating the brexit, saying the future of eu citizens is a top priority. theresa may says she will work to ensure that scotland and the uk "flourish together" in herfirst trip there since calling the general election. in glasgow, snp leader nicola sturgeon tells supporters the party "will not let the tories drag scotland backwards". labour's jeremy corbyn defends his leadership style — saying other leaders give in to powerful vested interests. this programme contains scenes of repetitive flashing images. one of the men arrested in a counter terrorism operation in north london had been suspected of attempting to travel to syria to join so—called islamic state. also this hour — the heavyweights head to wembley in british boxing's richest ever bout. around 90,000 people will pack into the stadium asjoshua and klitschko go head to head — join sports day in half an hour with all of today's action. good evening and welcome to bbc news. the 2

european flags waved by many, many people. when marine le pen wins in two weeks from now, it will be very bad news for the european union. and if jean-luc amacron and a tr up, jean-luc melechon. he would love to lead the euro, as well. it would mean bad news for european union on sunday night. >> journalist, thank you for the context. of course, all eyes on the french election and, of course, we'll be following it here on cnn. thank you. >>> we turn now to cnn's exclusive report, the fbi had gathered intelligence that suggests russian operatives were trying to use advisors to donald trump, including carter page to infiltrate mr. trump's campaign. >> cnn's anderson cooper interviewed page earlier this year when reports of possible links between the trump campaign and russia first came to light. anderson asked page about his work in moscow and what connections he had exactly with the trump campaign. listen closely. >> did you ever -- you were, apparently, they said early on that you were an adviser to the campaign of foreign policy adviser. did you ever brief donald trump as a candidate or as a president-elect. >> president

stephen sackur, bbc news, caracas. the european against the hungarian government's crackdown on higher education and asylum—seekers. thousands of hungarians have been protesting on the streets of the capital, budapest, against laws which could close a prestigious university. sarah corker reports. for the fourth time in ten days, thousands of hungarians took part in anti—government protests in budapest. there were minor scuffles with police as demonstrators gathered in hero square. they're angry about what they see as a crackdown on free thought and education. translation: every day, something happens that somehow damages democracy. this sometimes accelerates, sometimes slows down. recently it has accelerated again. i don't know how far things can go. in the centre of this political storm is the central european university. a new law signed earlier this week could force the prestigious institution to close. its founder is hungarian—born billionaire george soros, a sworn enemy of the right—wing government. but the education minister

european integration at loughborough university. she's in paris. i asked her if the latest polls were good news for european integration.hing we learned from last night is that the polls were quite accurate. marine le pen was supposed to win the first round and she came ina quick to win the first round and she came in a quick second so the polls which are putting macron ahead of le pen in the next round, i suppose we can trust them. macron has expressed a lot of support for the european union, and he has some practical and positive messages for how to strengthen the eu. i suppose that is true. you are supporting iam —— you are assuming that i am a supporter of european integration. for those who support european integration then macron is a babel bet. isn't that a fair assumption? it is a fair assumption that macron is polled to win and it is also true that in his programme he is explicitly pro—what the french might call more europe rather than less europe. the head of north korea's armed forces has warned that the threat of nuclear war is real. he blamed what he calls "the frantic war drills of the us imperialists". on

interesting question is if macron does win, whether he can become part of the leadership of the new european union. >> i think that is what many people in france hope and can rejuvenate the your mean union and make it it, you know, the picture of the european union was always a french jockey on a german horse. and the jockey has been mud bound for quite some time. and i think that that is part of it. i do think, you know, that one of the things that is alarming to any of us that left france is how quickly we have amnesia about what the european union accomplished, right. coming out of 70 years of the most horrific wars ever fought, certainly in the west, and then the european union has give eneurope with all of its faults and bureaucratic nonsense and so on, has given 60 years of peace and prosperity. >> that was overwhelled by the notion that show brussels was controlling local affairs. >> a legitimate complaint, real questions about dem october-- dem october advertising the union. >> brussel made it easy for people to run against brussels, went too far. and now people are reexisting that.

european close on bloomberg markets. ♪ nejra: we are going to take you from new york to london in the next hour, plus covering stories outf cape town, beijing and madrid. and markets, european stocks are starting the quarter on a mixed note. investors are still watching politics. the french election looms and -- it negotiations preparesresident trump to meet the chinese president at the end of the week. will he play hardball with his -- with the chinese leader? the pressure is growing on south the president to resign following his firing of the finance minister without consulting party leaders. nejra: i've got the imap on the stoxx 600. you can see the stoxx 600 has taken a bit of a turn to the downside. fallingustry groups than gaining, and intel's providing the biggest lag, down 1.2% allah by consumer discretionary. on the upside, materials were gaining earlier, but they are pretty much unchanged now. we are seeing quite a lot of red across the wheel, even energy stocks are down .4%. this comes after three quarters of gains for the stoxx 600 but it looks like we are heading into negative territory on the first trading

new york, i am vonnie quinn. mark: i mark barton. this is the european close on "bloomberg markets." the bloomberg business flash, a look at the biggest business stories in the news right now. goldman sachs is getting ready for brexit. startear the firm will moving london-based staff and operations to new or expanded offices inside the eu. goldman says it will relocate client facing staff to cities including madrid, milan, and paris. no word yet on how many people will go where. u.k. fellices in the in april by the biggest amount since 2012. according to the nationwide housing society, prices dropped for 10th of a percent. it was the second straight monthly decline. that may be a sign of deeper consumer weakness in the u.k. sony forecasting its highest operating annual operating profits since 1998. the japanese company continues to dominate gaming. it is showing strong growth in phone camera chips. that validates the strategy of the chief executive who has put less emphasis on consumer electronics since taking over sony in 2012. that is the latest bloomberg business flash. botc next.

european close. on bloomberg markets. mark: we are going to take you from new york to london in the next hour, covering stories out of paris and utah. here are the top stories following on the bloomberg and around the world. european markets holding on to ,heir appetites for risk campaigning around two of the french elections. the stoxx 600 edging higher. marine le pen goes on the offensive again against rival emmanuel macron. vonnie: where are the biggest value opportunities in europe? cveyill speak to henry m on why he thinks european economies have a lot more room. as president trump approaches tax reform, we will talk to utah governor guy herbert to talk about how his they has fostered an environment of economic growth. and we will talk about silicon valley. mark: we will have a look at european equities 30 minutes to minutes to the end of the trading session. stocks are rising. the risk rally continues. the european benchmark, the stoxx 600 gaining for third day. highest since august 2015. expectations that macron will be the ultimate victor in the french

news. european union leaders are meeting in brussels today to formally agree their negotiating stance for brexitident of the european council, donald tusk, has said the eu won't discuss its future relationship with the uk until it's happy that enough progress has been made on settling past issues. those include a so—called divorce settlement. that's the monique the eu believes it will be owed by the uk. —— money. and we'll be live with all the latest reaction from brussels in around 10 minutes. theresa may will campaign in scotland today for the first time since calling the general election. the conservatives currently hold one scottish seat at westminster but opinion polls suggest support for the party in scotland is growing. meanwhile, jeremy corbyn will urge young people to claim their future by voting labour in the election when he speaks in east london later. he will highlight figures that show 2.4 million young voters are missing from the electoral register. north korea has test fired a ballistic missile. according to south korean and american officials it exploded shortly after take—off.

news. the european investment firm jab holdings has a great to buy panera bread at $7.5 billion. at a great food empire that includes krispy kreme and a coffee roasters. the white house estimates $10 million over 20 years by listening 11 obama era regulations, they plan to use an obscure law that lets congress fast-track review legislation with a simple majority, under the rule, congress and the white house can only resent regulations approved in the last 60 days in the previous administration. the window to invoke this review act is april 28. says it is actively talking with u.s. regulators and trying to close the deal to buy competing pharmacy chain rite aid, the deadline is july 31. extended earlier this year so the company can get antitrust approval. walgreens and rite aid has said they may have to divest as many as 1200 stores to complete the merger. ♪ that is your bloomberg business flash update. we turn to donald trump, meeting with the jordanian king in the oval office. a joint news conference in the rose garden expected anyone :00 our our -- in the 1:00 p.m. -- hour. we

news. the european parliament has agreed its priorities for the forthcoming brexit negotiations.s departure. nigel farage, the former ukip leader, accused meps of behaving like the mafia, setting a ransom demand. 0ur correspondent, damian grammaticas, watched the exchanges. it began cordial enough — smiles, genuine or not, between the architect of brexit and the man who says britain must pay billions, he‘s michel barnier, the eu‘s chief negotiator. today, the european parliament backed his demand. the leader of the socialist group said the uk must pay its bills, "it‘s like moving house", he said. "the gas bill, the electricity, it all has to be settled", said gianni patella. nigel farage laughed that off. but he had a riposte of his own. as soon as he was on his feet, his tone changed. he said the eu was being vindictive and nasty, making impossible demands. you‘re behaving like the mafia, you think we‘re a hostage, we‘re not. we‘re free to go. and 85... no. groans at the mafia comparison stopped him mid—flow. then this, from the parliament‘s italian president. translation: i'm s

this is good news for france and the global economy. because france is set to {europeants every new the european agenda. >> do you think this could reform the european union? could this mean a more integrated eurozone? >> more europe is needed, not just for monetary union. also to reassure european and jobs,bout results something which europe has not been delivering very well recently on. >> you think the problem is pushing that integration together, that will be easier with macron than it would have been with hollande? >> europe needs a stronger structure for agenda. it needs to employ the single market, and i am convinced macron will use political leadership to deliver on those areas in an integrated fashion. >> what do you think the prospects on brexit are? you have negotiations with micron. how do you imagine he is different? >> i imagine it will be clear terms, and that europe will more easily reach a common position vis-a-vis brexit. >> that will be a hard brexit? >> maybe a clearer brexit without ambiguities. >> that sounds hard to me. maybe i can ask you question

this is bloomberg. ♪ mark: live from london in new york, this is the european close.finishing up the day in the week in european trading. they are finishing lower for the day and for the week after two weeks of gains, a shortened trading week. below the 1000% day average at this time of day because of the upcoming easter holiday. theonth high, yesterday or stoxx 600 -- for the 6 -- for the stoxx 600. across the big mover european equity markets. shares jumping the most in almost eight months. the swedish newspaper reporting the companies hygiene product business -- company's hygiene product business has attracted business from a local eye out firm. it plans to spin off as part of a plan to split the group into two separately listed companies. shares up by 7.8% as a result of that. if marine le pen wins the election, the upcoming french election, what does it mean for sterling? we will talk more about this with paul dobson from and live -- from enlive. -- whitening about 2.7 percentage points, today. that is the biggest premium based on end of day prices since records

this is the european close on bloomberg markets. ♪ mark: we will take you from new york to once in theext hour. covering stories out of harris, and tokyo. here are the top stories we following on bloomberg and around the world. political risk cues up on either side of the english channel. france sprints to the finish with four major presidential candidates in a dead heat. in the meanwhile, the u.k. braces for a snap election in early june. vonnie: then, how will this political risk -- larry fink gives bloomberg his take positioning in france and the u.k. and, a $13 trillion elephant in the room. we will explore how the eventual unwinding of central bank balance sheets may affect your portfolio. mark: look at how european equities are trading to the end of the wednesday session. novembert drop since yesterday for the stoxx 600. european car sales rise 11% in march. sterling down by one quarter of 1% against the dollar today. it rose yesterday after theresa may called for the snap election year parliamentarians voted in and of the election on june 8. yesterday's increase was the biggest

european close, just over 10 minutes away. vonnie: i'm vonnie quinn. live from bloomberg headquarters in new york. u.s. d european stocks little changed, investors awaiting data including u.k. pmi come ecb minutes thursday, and friday, the u.s. jobs report for march. the stoxx 600 saw the biggest to client into it yesterday dragged lower by industry group. our next guest says european companies remain attractive. joining me now is the head of the sci managing group. i have to start on the president's comments, the ceo meeting happening today. the president clearly business friendly, we are seeing it in optimism levels for sme's, seeing it in the stock market even until now. does this continue, at some point do we need to see this put into practice? right, theyou are group will be in the pudding, the hard data. we have seen a lot of improvement on soft sentiment, consumer sentiment, these are at all-time highs. we will need to see that translate through. a lot of what was going on today, the last segment we talked about the border adjustment tax. the president not coming down on one side for or against.