company that runs the london stock exchange fell nearly four percent on news that pan-european exchange operator euronext is in talks to acquire all the wars the norwegian stock exchange for six hundred twenty five million euros the company is currently seeking the support of the board of directors it has already secured support for its offer from also board shareholders representing almost half of outstanding shares euro next operate several european exchanges it said is found also forces position in seafood derivatives and oil services and shipping a truck to. the royal bank of scotland r.b.s. has applied for a german banking license ahead of bragg's it that would help the bank retain its clients in the e.u. if britain crashes out of the block without a deal the move would affect its subsidiary not west and expand its branches in germany's financial capital frankfurt r.b.s. already has a license to operate in the netherlands more than thirty u.k. financial firms have applied for a banking licenses ahead of britain's scheduled exit from the european union in march. germany luxury carmaker b.m.w. has been fined ten million dollars by south korean author

pan-european exchange operator your next is in talks to acquire also boris the norwegian stock exchange for six hundred twenty five million euros the company's currently seeking the support of the board of directors its already secured support for its offer from a hole this representing almost half of the outstanding shares your annex which operates forces in paris i'm so down brussels london this dublin said it found also bars position in c. for its derivatives and all services and shipping attractive. german luxury car maker b.m.w. has been fined ten million dollars by south korean authorities they say that the comic it was too slow to recall vehicles affected by a faulty engine but b.m.w. may have bigger worries than just the find it now also faces a criminal investigation. south korea's transport ministry wants prosecutors to investigate german car maker b.m.w. it says it has evidence feel to john took its time to form authorities of a forty car engine b.m.w. known b.m.w. said it recognise a correlation between the defect in the exhaust and the fire on its vehicles only on july twen

. >> euro has approached the board of company which operates the norwegian stock exchange.upport for a 625 million euro cash option. this for all the outstanding shares of the board. they have already secured support for the offer from the vps shareholders. u.k. telecom company bt is to remove -- equivalent for the core communications network of police force and other emergency services. from itseady pulled -- own core structure. bt is equipment made by the chinese company after the 2015 acquisition of mobile carrier ee. bmw is facing a criminal probe in south korea after investigators concluded the company concealed fire hazard and delayed recall's. the german carmaker is being fined almost $10 million for an allegedly botched engine buyers in south korea. the south korean ministry says they tried to cover up technical issues. they also accuse the german carmaker of moving too slowly earlier this year after about 40 fires. apologized.anch has it about it will cooperate with ongoing investigations. jd has avoided to the biggest crisis in its history. u.s. prosecutors decide

the company that runs the london stock exchange fell nearly four percent on news the pan-european exchange operator euro next is in talks to acquire also bores the norwegian stock exchange for six hundred twenty five million euros the company is currently seeking the support of the board of directors and has already secured support for its offer from oslo for shareholders representing almost half of outstanding shares operate several european exchanges it said it found also forces position in seafood derivatives and oil services and shipping attractive. and more hiccups for. europe's largest carmaker says it's alerted german authorities over irregularities and its emission software for diesel cars half a million vehicles fogs recalled for a fix may still be equipped with illegal software designed to cheat during emissions tests affected are diesel cars with one point two liter engines so far has spent more than twenty eight a billion euros on fines and car buybacks in the u.s. in the aftermath of the twenty fifteen emissions cheating scandal dubbed it this latest issue could add to the two billion euros that the carmaker is expected to spend on cleanup ne

company that runs the london stock exchange fell nearly four percent on news that pan-european exchange operator euro next is in talks to acquire also boards the norwegian stock exchange for six hundred twenty five million euros the company is currently seeking the support of the board of directors it has already secured support for its offer from also bore shareholders representing almost half of outstanding shares your own next which operates forces in paris and brussels london lisbon and dublin that its own also forces position to see through derivatives and oil services and shipping attractive . german luxury car maker b.m.w. has been fined ten billion dollars by south korean authorities they say the car maker was too slow to recall vehicles affected by a faulty engine but b.m.w. may have bigger worries than just the fine it now also faces a criminal investigation. south korea's transport ministry wants prosecutors to investigate german car maker b.m.w. it says it has evidence the will to john took its time to form authorities of a forty car engine b.m.w. known b.m.w. said it recognise a correlation between the defect in the exhaust and the fire on

euro next want to take over the company that runs the norwegian stock exchange. amsterdam-based operator has an offer in excess of $76 million. almost half of shareholders are already behind the deal. euro next is offering a premium of 32% to the company lost closing price from last monday. oil prices are seeing little relief as worries deepened over rising u.s. supplies and volatility in the global economy. this is overshadowing signals from opec that it may extend or even deepen outflow cuts. last week's 11% fall was the biggest vince january, 2016. members of the cartel agreed to reduce production for six months. that's your bloomberg business flash. back to you. >> thank you. treasury secretary steven mnuchin tweeted on saturday, "i president, with the and he says he disagrees with fed policy in the increasing of interest rates in the shrieking of the fed portfolio is a terrible thing to do at this time, especially in light of trade negotiations which are ongoing, but i never suggested firing jay powell, nor do i have the right to do so." joining us now is ou