martin gilbert will not seek reelection.ndard life's martin gilbert is going to retire in september of some timber 2020. -- in september 2020. standard life aberdeen losing martin gilbert in basically one year's time. also has a ceo stepping down. ken murphy is going to succeed dave lewis. dave lewis will step down as ceo of the u.k. crozier. ken murphy will step up as the top boss at the food shop. the company also came out with earnings, of course. big numbers that beat expectations. the first half adjusted operating profit was 1.4 one billion pounds. the estimate was for 1.3 billion pounds. tesco doing better than the street expected, also in terms of sales. tesco had first half revenue of 31.9 billion pounds compared to 31.8 -- .79 in the estimate. willig news is dave lewis leave. ken murphy is succeeding him. ultimatum from boris johnson. the u.k. pm is set to tell brussels to negotiate brexit on his terms were facing no deal divorce. he will set out more details when he speaks to the conference in manchester later toda

that is martin gilbert. but get a preview of what is coming up next. at ameren joins us to discuss the theater chain'd pushing to saudi arabia. manus: the election by line has been drawn and boris johnson squared off against jeremy corbyn in the first parliamentary clash of the campaigns. this is bloomberg. ♪ yousef: more lines coming through in averted berdych -- busy earning season. dubai investments hold everything from dairy farms to publishers to real estate. a revenue on the third quarter of 691.3 million. stock has been range bound since june. other market action in this part of the world, let's the guitar center -- qatar center. >> for on the earnings action in a second but broadly in the gulf, indices higher, led by abu dhabi. that main index up 1.9%. the saudi will rise 1.3% and in qatar and dubai, the main indices rising about .6%. let's flip the board because i promised some earnings news and the big mover we have seen in days, shares up 14% in the past two days after positive earnings earlier this week. the emirates, missing estimates and

standard life aberdeen's martin gilbert is retiring. veteran was previously the chief executive of aberdeen asset management, a company he cofounded. it merged with standard life and 2017, making him co-ceo of the uk's largest asset manager. earlier this year, he became vice-chairman of the business. he will step down in 2020. a big block of cheese to protest tariffs. that's what mike pompeo was greeted by in rome. during his handshake, a journalist from a satirical show handed him a wedge of parmesan. this is a protest of the plan to tariffs eu goods over the airbus dispute. contet smiling as complaint. the reporter -- complained. the reporter was taken away. global news, 24 hours a day on air, on tictoc, and on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. anna, matt? matt: thank you so much for joining us with that fantastic story on the cheese wedge. the global economy is, no joke, sounding alarm bells as a wave of data shows manufacturing in a slump, exports falling, and

martin gilbert is leaving. ♪ ♪ matt: good morning from berlin. i am matt miller.bloomberg daybreak: europe," and these are today's top stories. payroll pessimism. data points to a bleaker picture ahead for today's key jobs report and comments from jay powell. giveso the wire, the e.u. boris johnson one week to revise his brexit deal or risk a humiliating postponement of the u.k.'s departure. is drawn into donald trump's impeachment drama. beijing tolaus on investigate joe biden and his son. good morning. well "bloomberg daybreak: europe ." i am matt miller in berlin. look at futures. even after the disappointing u.s. services data we got out nonmanufacturing gauge disappointed. we still see futures rising here , ftse futures doing quite well at .6%. in london, we have breaking news on bp. shuffle of the c-suite we have seen, bob dudley is reportedly going to retire. he will be succeeded by bernard looney. bp ceo bob dudley is going to replaced and will be by bernard looney. it is interesting. we have seen so many moves in the c-suite's across europe yesterday, or

martin gilbert is retiring from standard life aberdeen.e lost his grip on power in march when the asset manager scrapped its structure. he founded aberdeen asset management in the 1980's and merged with standard life in 2017, making him a cohead of the uk's largest active asset manager. he will step down in september of 2020. in an internal memo about tidjane thiam praised the investigation into the spine debacle, saying quote full accountability has been taken. he described recent events as deeply regrettable. butboard exonerated thiam the chief operating officer was ousted. that is your bloomberg business flash. francine: thank you. an ultimatum from boris johnson. the prime minister has told brussels to negotiate on his terms or face a no deal divorce. he will set up more details when he speaks in manchester data today with his office saying that later today with his office -- later today with his office saying he will present a reasonable compromise. i understand the uncertainty around brexit can be challenging. but our step change in