it has appointed a new ceo, andrea orcel from ubs.s has already kick started chatter about what the new plan for santander might be. the new ceo has an investment bank background. we are hearing speculation about potential acquisitions. we might hear more information today. they will be holding a press conference. anna: a really interesting story. santander picks a dealmaker ceo to do what? to a read across from the united states. >> we got mixed results from the u.s. overnight. that could be bad news for the european rivals adidas and puma. nike's results were not entirely bad. they saw sales exceed estimates in north america. in greater china and latin america, also margins were somewhat below estimates. that is why we saw shares fall. this could potentially indicate the market is not as strong as expected, which is why a good way on shares of adidas and, -- and puma. closingt's stick with and boo-hoo. you have the details. >> the manchester-based online retailer could see a property open. they beat estimates for their first-half ea

. >> thank you very much >>> santander unveiled dealmaker andrea orcel as the new ceo starting next year he will replace jose antonio alvarez who will become vice chairman orcel was a key dealmaker in the tie-up of ambro and rbs a decade ago. >>> the ceo of deutsche bank says trade tensions, brexit and trouble in turkey could all prove to be a crisis cocktail. speaking separately the cfo told an investor conference in london that the current macro economic backdrop is good for banks. >>> investors should prepare for a global slowdown next year as trade uncertainty and excessive rate hikes remain key risks, that's according to the latest report by pimco. the global economic adviser of pimco is with us i was catching up with the former colleague and a friend of minute yesterday, he asked what do you think the world will look like in 2019 i'll pose that exact same question for you hopefully he's watching and can get a good answer. >> i think 2019 will be a bit closer to the end of this cycle. we're in the late hicycle environment. next year growth will be slowing. we're still growing but sl

andrea orcel leaves ubs. a done deal at the fed. seeomists and investors beyond. welcome to surveillance. let's check in on the markets for a mixed session in asia. a bit of a pause in the rally for japanese equities. we see the stoxx 600 pretty much unchanged on the headline level. the 10-year yield pulling back. we are not too far from the 2018 high in may that we heard of three to -- 313. crude steady earlier. pulling back a little. up .2%.- let's take a look at daimler. the chief executive announced he will step down in 2019. we have a replacement already. down 1.6%. we have a huge lineup of heads of state. theresa may gives they keynote at the bloomberg business for him -- forum. taylor: the u.k. prime minister. address in new york, she will say that britain will have "the lowest rate of corporation tax" making it one of the most business from economies in the world. the comments will also be aimed at her own party. theresa may gives that speech at 1:30 p.m. london time. andreaer has appointed orcel as their new ceo. robert kraft ski will are -- at ubs.lace o