aesop has sales of $500 million. double digit growth from last year and opened the first store in china last year l'oreal shares up .50% this morning. >>> airbus is in talks with china for plane orders at emmanuel macron prepares for a visit to the country the deal remains in flux macron heads to china tomorrow and will hold talks with chinese president xi jinping. >>> virgin orbit in the headlines. richard branson's venture filed for bankruptcy protection after failing to secure funding for the rocket failure launch in january. shares are opening down 17%. one fact with the ownership structure. bra branson's virgin group owns 75% of the company abu dhabi sovereign wealth fund is also an owner >>> coming up on the program, the australian central bank decides to pause, but could more hikes be coming? 'ldiusnext ying an and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running. i was printing out labels and saving money. shipstation saves us so much time. it makes it

coming up, lori l -- loreal has agreed to acquire aesop.his is bloomberg. ♪ ingredients and blend up a delicious smoothie anytime, anywhere. blendjet 2 even cleans itself. just add water, a drop of soap, recharge quickly with any usb port. ready to fall in love? order yours now on blendjet.com dani: loreal has agreed to buy aesop for $2.5 billion. anyone that is a fan of skincare products probably knows of aesop, but why is the parent company looking to sell it? >> it is an interesting deal. for loreal it gives away into a global brand of luxury, a skincare brand so they can tap into that globally and use their network to grow the brand in places like china. there is a lot of room for growth. it will be very helpful to tap into that wider network. it will help the company reduce their debt and focus on strengthening the balance sheets , so investors applauded the deal is a way for the company to streamline their portfolio. dani: what does that mean to be more streamlined and reduce their portfolio? >> i think the company had been struggling

we will have -- has acquired aesop.bloomberg. ♪ francine: welcome back to the open. 30 minutes into the european trading day. you can see gains across the board with the european stocks gaining percent. now back with us is sharon bell, she is the senior strategist at goldman sachs. you have a great note looking at commercial real estate, the thing everyone is worried about after the banks fell. how big of a problem with this be in europe? sharon: it will be a little bit of a problem. you cannot have interest rate rises without seeing some hit to certain sectors and the real estate sector tends to be that. real estate stocks in the equity market are close to half and last year. i would argue a lot of that is valued in the price of real estate companies. i also think the concern will be greater for the u.s. and europe. francine: because people have not gone back to work after covid? sharon: also occupancy rates in the u.s. in big cities and office buildings are around half of what they would have been pre-pandemic. that c

l'oreal has signed a deal to acquire australian high and cosmetics brand aesop.em a value of $2.5 billion. they had posted sales of $537 million last year. earlier reports say chinese investment firm also sought to acquire a state. bloomberg has learned hbo is close to a deal for a harry potter tv series based on the seven books by j.k. rowling. let's hope the series can bring the matter to a new streaming strategy to be announced next week by parent company warner bros. discovery. the eight films generated worldwide ticket sales of more than $7.7 billion. plenty more to come on "bloomberg daybreak asia." this is bloomberg. ♪ >> st. louis fed president james bullard says the strategy in dealing with the banking breakdown and inflation is working. he also told us that higher oil prices might make their job harder. >> i do think the reaction to the banking problems was swift and was appropriate and both here and in the united states and overseas, and the idea that there are macro prudential tools that you can use in this situation to calm things down seems to have

l'oreal buying aesop. skincare is very important. this is bloomberg. countdown starts right now. >> the countdown is on in europe. this is bloomberg markets european close. guy: equities lo

i know that you love to sing aesop viashvili's song, let's pray for parents. everything is in charge or it was not in the palm of your hand. that's what i like about her. let's her. i would know, yes , not only with only the heart is true. no, be gentle with yourself. where are you going? sorry, but you are older than me, it was just as simple in this description. if only drowning can destroy everything? so it is necessary to love, if we are in the eye. never go for love, everything is decided by heaven polina never palm, style disk words, did not guess. information use gagarin thanks for watching. they just run away. let's just go. this. just my friends. here we had such an interesting hit in the studio today was vanya dmitrienko polina gagarina we are fine with the leading karina cross group gypsy band. anton lavrentiev listen to good music. see not the format , these tylers seem to be small, but you really want the two of us to sing along with the guitar. forgive me if the guy i saw you and acted on my instructions collected grains of drapery to the heart.

it has been recently, but those temperatures will aesop as we go through sat tie, the showers, continuing across that western side of the amazon to seeing the showers now starting to push further north, which to into southern areas of venezuela. not see many shouts across the caribbean . on the other hand, lottie, try and find some gorgeous sunshine, blue sky for the most part. one or 2 showers there. as per usual, scattering a shout out was costa rica and into panama. now asked the wet weather, well we have seen some extremely wet weather, of course across the southeast of the u. s. fort lauderdale, in particular, say some of that really heavy rain that's now clearing through showers just pushing a little farther north is up towards the carolina's litter these temperatures. though, to the north of that new york, 31 celsius. as a 2018 minneapolis not hot minneapolis because we go from those some light temperatures cooling off to around 12 degrees that full sat sty. and would you believe the snow sat said for some day ah ah ah.

elsewhere in terms of m&a l'oreal agreed to buy the brand aesop fror $2.5 billion.n in a decade >>> finally, in terms of monetary policy, reserve bank of australia decided to keep policy rate at 3.6% taking a pause to assess the impact of the previous ten straight rate hikes. rba warned further tightening may be needed as the labor market is tight. it says it believes inflation has peaked the australian stock market ended .20% higher. frank. >> julianna, thank you julianna tatelbaum live in london. >>> now to the cnbc survey of chief financial officers and results for q1 57% of cfos forecasting a recession. expecting it to come in the first half of 2024 1 of 6 have the faith in the fed. they expect a soft landing despite the concerns, financial decisionmakers are voicing approval for the rate hiking campaign to control inflation. 47% say the fed is doing a good job. we get the next read on april 12th recession is not the only concern. the top answers are related to the possibility. we asked the top risk to the business 30% said inflation 25% said consumer demand 13%

australian high-end cosmetics brand aesop as received an offer for acquisition.s been given a value of two and a half billion dollars, and it operates around 400 points of sale, and posts 530 $7 million in sales as a last year. primavera capital, a chinese investment firm also acquired -- soft to acquire estate. -- sox to acquire a stake. >> looking ahead at aussie banks before the rba decision, economists -- economists split if they will pause after the 10th street hike. 80% chance of that in the forecast, the aussie 6777 now, chances are according to markets that the aussie will remain strong going forward and we are tracking those energy stocks on the back of that cut by opec, with woodside energy getting a lift, look at impacts in japan also getting a lift by 8/10 of 1%. stay with us, this is bloomberg. i screwed up. -mhm. i got us t-mobile home internet. ah! now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you

i believe he has watched it because he has echoed what i said earlier with daniel or aesop landing, february. -- arlie with january, soft landing, february mild landing, march, hard landing. tom: -- lisa talked about the new of 5%. that is where we are. cds and money markets are up by 5%. and with the market opened the dow is at 32,000 7 -- 32,000. will we get a 4% yield before you and i go out. jon: can i just jump in tom is joking and the market is not trading today. tom: why are we here? jon: that is a different question entirely. tom: it is not open? i put in a buy order at hershey's. jon: you are buying chocolate? tom: yeah. i ordered hershey's. the american tradition what is great with the kids is they get the jellybeans when they are two or three and they look like chipmunks. or a hamster and then they got out like a gun across the living room carpet and then they are sick for the rest of the day. is it like that in england? jon: yeah. you get candy and all that stuff. we hide easter eggs in the backyard and why are we doing this? tom: because it is a tradition we are talking about it

it sort of feels like the fox and the grapes that aesop's fable where, you if i can't have it, you knowofession unless the nhs has the staff it needs,— profession unless the nhs has the staff it needs, it's going to the staff it needs, it's going te etteggte— the staff it needs, it's going te etteggte te— the staff it needs, it's going to struggle to treat patients on the— to struggle to treat patients on the the— to struggle to treat patients on time and we're— to struggle to treat patients on time and we're going to end up in time and we're going to end up th the— time and we're going to end up in this bizarre— time and we're going to end up in this bizarre situation where on _we're turning. in this bizarre situation where on we're turning away on one hand we're turning away ettetght— on one hand we're turning away ettetghtletete— on one hand we're turning away straight grade from straight a grade students from etutyhg— straight a grade students from studying medicine at university whttet— studying medicine at university whilst recruiting _ studying medicine at university whilst recru