let's talk about abn amro.he bank has announced that its ceo will step down next year after he says he does not wish to complete his term which was set to run until may of 2018. the board has begun the process of succession. the nfl comes a day after the bank says it plans to cut as jobs.s 1375 ford intends to sell it driverless cars by 2025. the ceo says the goal is to bring costs down to make sure autonomous vehicles affordable. he says the plan is to start rightobot taxes for healing services. investors have not reacted. amazon boss is going head-to-head with elon musk's spacex. announcing an ambitious space plan. his a blue origin is building a more powerful and usable rocket to launch satellites and people deeper into space. rocket is expected to make its first launch by the end of this decade. that is your bloomberg business flash. caroline? caroline: thank you very much. let's stick in hong kong and in --na because of the economy with retail sales, factory output exceeding economists estimates. the surge

nejra: abn amro has announced its ceo with stuffed down -- will step down next year. dutch bank supervisory board has begun a succession process. the announcement comes a day after the bank said it plans to cut as many as 1375 jobs as it begins to implement 200 million euros of cost cuts. ford intends to sell driverless cars by 2025. the ceo says the goal now is to bring costs down enough to make autonomy cars affordable. the plan is to start with robot taxis are right hailing services by 2021 and then move to the wider public are the middle of the decade. investors have not reacted favorably to forge new drive. -- two ford's new drive it amazon is going face-to-face musk's spacex. they are building a more powerful rocket called after john glenn, the first american to orbit the earth. it is expected to make its first launch by the end of the decade. surplus in global markets will last longer than previously thought. nandini ramakrishnan on his with -- ramakrishnan is still with us. let's talk to ryan chilcote who has been sifting through the report. what have you unco