nejra: helen driver, head of global equities at aviva investors. thank you so much.the bloomberg in case you are following president trump and his tax cuts, a story saying that trump will get his tax cuts , according to the vast majority of economists in bloomberg's monthly poll of economists. vonnie: still ahead, the campaign to unseat german chancellor angela merkel underway. but a number of her own party tells bloomberg why the quiet leader deserves a fourth term. this is bloomberg. ♪ vonnie: live from bloomberg world of quarters in new york, i'm vonnie quinn. nejra: live from london, i'm nejra cehic with the european close just minutes away, six weeks to go before federal elections that will determine if german chancellor angela merkel will win a fourth term. earlier today, guy johnson and matt miller spoke to a member of askedrty, elmar brok, and why she will win. situationthe german is very good. we have the highest numbers of employed people in the history of our country. a relatively quiet situation our country, the refugee question is under control, and ther

the ceo at aviva.urope's second-largest insurer has reported first-half profit up 2% helped by higher earnings and -- in its life and health insurance unit. they are preparing an ipo. joining us now for an exclusive interview, thomas bubel. numbers for the first half beating estimates. what went right for you in the first half of this year? thomas: we saw a very strong performance, 5% underlying earnings-per-share growth and this is distributed across all segments, you see a strong andating movement on life dnc and asset management. on top of this we have managed to grow in the second -- a sectors where we want to grow which is the health business and the commercialized pmp business and all this based on a very strong balance sheet with a of 200%.ratio good results, we are fully on track with our ambition 2020 and confident looking forward. ceo indeed.ou are you set some pretty tough targets. you're saying you cannot hit that return on equity of 12% 14% along with the targets for your asian expansion.

aviva is in exclusive talks to lineup investments.to people with the matter, funding would come from softbank and others. the deal is said to hang on the outcome of a courtroom brawl between two of the company's most influential funders. that is your bloomberg business/in a minute. >> opec and russia, the strategy to clear the global oil glut. now it looks like that battle could last for years. anna: tracy l weight joins us with more from abu dhabi. hasn't the agreement had the desired effect? very long-term forecasts now. of the day, and i have to say the reasons tend to come in and out of fashion. it is about compliance and participation and the ability to offset rising production from the u.s. -- thepliant to compliance is a job drifted down to 80%. that is the lowest since january. we know it is on opec's radar because they did hold that extraordinary technical meeting here in abu dhabi last week. and a like libya and nigeria exempt from the deal. you also have opec members who were part of the agreement losing a little bit of the

aviva and china resources building's are among companies considering bids in a wind farm.people familiar with the matter, copenhagen infrastructure partners are weighing offers. it were presented of declined to comment. that is your bloomberg business flash. guy. guy: thank you. air berlin has filed for insolvency. the filing put german jobs at risk just weeks before angela merkel tries for reelection. seeill be interesting to how the german wings story fits in with that. let us get the details with tracy alloway. she joins us out of abu dhabi. the question says what went wrong. did jim hogan make this garage? pinpointed it there. hot on theome heels of air italian filing after it pulled it financial -- its financial support. been in ar berlin has relatively weak financial state for many years now. it wrapped up something like 2.7 billion euros worth of losses over the past six years. how much does this actually transform the landscape of european aviation? you pinpointed it. we have a loan coming from the german government that will keep air berlin flying for the next thr

insurance market is dysfunctional and does not reward loyal customers, so says the chief executive of aviva low, which put prices up for existing customers. car insurance premiums have gone up by 11% in the last year, according to the association of british insurers. it also said that the typical bill for an annual policy is now £484. a fresh new shirt delivered at the push of a button is now on offerfor travellers in the us. japanese fashion brand uniqlo has installed a vending machine dispensing clothing at oakland airport in california. nine other machines will pop up at airports and malls at sites including los angeles, houston and new york in the coming months. they will stock men and women's shirts and lightweight jackets. green and black's is launching its first uk chocolate bar that is neither organic nor fairtrade—certified. the move by the organic chocolate maker, owned by us food giant mondelez international, parent of cadbury, is likely to further undermine the fairtrade movement. founded in 1991 as a pioneering organic brand, the new velvet edition dark chocolate bars, which go