there ready to spring and i annabelle. we know that jeremy, he annabelle.says he is still available to offer help and when they contributed. interestingly stepped away. he contributed. interestingly stepped awa . , contributed. interestingly stepped awa . . contributed. interestingly stepped awa. ., .,, contributed. interestingly stepped awa. ., contributed. interestingly stepped awa. . away. he says that the crisis is a lona wa away. he says that the crisis is a long way from — away. he says that the crisis is a long way from over _ away. he says that the crisis is a long way from over and - away. he says that the crisis is a long way from over and he - away. he says that the crisis is a long way from over and he is - away. he says that the crisis is a l long way from over and he is right in saying that you're in the uk soil, we feel as though the war on covid—i9 has been one even though it's still raging. look on what's on the cover of the ft and russia's death toll, and it's an excess deaths with head over 700,000 over the course of the coronavirus pande

dani: annabell, thank you so much. annabell droulers in hong kong. let's turn to the u.k.nd we're moments away from getting the latest c.p.i. data. analysts do believe that inflation will far outstrip the bank of england's 2% target. with more mark and i are joined by bloomberg u.k.'s economy reporter liz burden -- lizzi burdennen. what could it mean for policy? >> economists expect the third straight month of inflation would have the -- above the bank of evenedland 2% target and coming back to the energy crisis and supply bottlenecks. the governor of the bank of england andrew bailey is very uneasy about the inflation picture in the u.k. and he explains to law markers that the reason he didn't vote for a november rate hike was because he wanted to see how the jobs market had been faring post furlough. we got those labor market yesterday and if anything they strengthened the case for a december rate hike which economists as well as markets are now expecting. so a strong c.p.i. print today around 3.9%, economists are expecting. could be the straw that breaks the bank of eng

i am annabelle droulers. this is bloomberg. dani: thanks so much. that is annabelle droulers in hong kong. we get back to the conversation. the u.k. chancellor of the exchequer, rishi sunak, says the world needs to turn paper pledges into climate action. we are going to bring you that conversation, next. later, we will be speaking with rich a post about their third quarter earnings on the company it's green transport ambitions. this is bloomberg. ♪ >> i think it is really important we take a moment to step back and see what has been achieved today. it is not the name of a korean pop band but it has been assembled for 450 different firms, representing 100 $30 trillion of o that can be achieved. that is an enormous achievement because we know public funding is not a position on its own. that wall of capital can be deployed towards zero and helping developing countries but it will be a developing process. we have to make sure the work is high-quality and what fits on a piece of paper will turn into tangible, actionable projects on the ground that will

i'm annabelle droulers. this is bloomberg.exclusive chat later this hour, and we will talk about this bloomberg scoop, didi delisting, talk about that possibility. we will look at the potential fallout, just ahead. this is bloomberg. ♪ david: welcome back to the show. let's talk about this bloomberg scoop. you have chinese regulators asking, talking, guiding, suggesting, maybe. didi to devise a plan to deal list, the nature of the request likely to revive some concerns about tensions with the giant tech industry. our text editor is here with the story. for our viewers just joining us in learning about this for the first time, take us through the basics? . what do we know? >> this is something that has been percolating for a while, ever since didi went public against the wishes of beijing's regulators. they are asking is management to come up with their own plan on how to delist from the u.s. again, we don't really have a lot of details and there are still many options on the table. but it could come in the form of strata priva

annabelle?abelle: china's economy performed better than expected in october as retail sales climbed and energy shortages eased, partly offsetting a slump and property. industrial output rose 3.5% in october from a year earlier, while retail sales accelerated to 4.9%. it beat economist forecast. japan's economy shrank by an annualized 3% in the last quarter, much faster than forecast by most economists, ramping up expectations for more stimulus. gdp has now contracted in five of the past eight quarters. austria has ordered unvaccinated people not to leave their houses from today. this is the most drastic move by a western european country in the latest wave of the coronavirus. speaking at a press conference in vienna, the chancellor said he did not impose the lockdown lightly. he said austria needs to expanded vaccination rate. and beijing's first ever stock exchange, rallying in the first day of training. a standout performer jumped 511% on the beijing stock exchange. this is intended for small

let's get over to the first word news with annabelle droulers in hong kong. >> hi.i jinping says china is open to discussing key points of his trade tensions with the u.s., including subsidies to industrial firms and state owned companies. he says china will take an active and open attitude to talks on issues such as the digital economy, trade, and the environment. xi spoke at the opening of the china international import expo in shanghai, where he also mention policies aimed at boosting imports. portuguese prime minister is to face an early election on january 30. this after parliament rejected his budget last week. costa, whose minority socialist government is halfway through a four-year term, is heading for the but with a lead in opinion polls. peloton shares plunged after the fitness company cut its annual revenue forecast by as much as $1 billion and lowered its projections for subscribers and profit margins. on an earnings call, pellets on said it the impact of economic reopening. uber has reported its first ever adjusted profit, boosted by a recovery in ride-

let's get you first will news, annabelle droulers is in hong kong. annabelle: the u.s. and eu have reached a truce on steel and aluminum removing tariffs on exports each year. the suspension will last for two years, during which the parties will work toward a broader global deal that will penalize companies not meeting low carbon targets for production of the metals. the white house press secretary says she is tested positive for covid-19. president biden's top spokesperson to rebuild her diagnosis while the president was in europe to attend g20 talks. she says she last saw biden on tuesday sitting outside and while wear a mask. biden most recently tested negative for cocaine on saturday. elon musk says he is willing to sell some of his stock holdings to fight world hunger if the yuan can approve $6 billion -- $6 million would solve the problem. he put in a response -- musk's network is about $311 billion. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. manus:

with me are james moore who is the chief business commentator at the independent and annabel denham,ho is the director of communications at the iea. tomorrow's front pages, starting with, the climate change summit, cop 26, dominates most of the morning's front pages. pledges to halt the deforestation of the planet and slash methane emissions is the lead in the metro. the ft�*s take on the story is summed up in its headline: "banks underfire for diluting green pledges since paris climate accord". the independent warns that unless action is taken europe faces heatwaves of 50 degrees celsius every year. the guardian reports that the devastating fires of 2021 have been shown to be the direct result of global heating. the yorkshire post, featuring a picture of borisjohnson at the podium in glasgow, says he is now �*cautiously optimistic�* about the outcome of the summit, in contrast to his downbeat mood at the weekend. and that brighter tone is captured in the headline in the times: "pm hails deal to cut methane emissions". the daily telegraph says that every british company, listed on th

. >> we will shift gears and get straight to annabelle. she is in hong kong with the first word news. >> many european governments adding new restrictions on the unvaccinated as they battle a wave of covid infections. germany reports 50,000 cases in a day. they are limiting workplace access to people who are vaccinated, recovered, or provide a negative test. belgium is reinstating work from home four days a week, despite opposition from some business groups. the ecb's vice president says inflation should slow next year, but -- a few months ago. he told bloomberg even price pressures would prove the current bout of inflation is transitory. he doesn't expect the ecb to raise rates for at least a year. >> we will see what happens over the next months with the economy, the inflation. but my personal view is going to be quite -- >> boris johnson is said to have held a private gathering of lawmakers that he driven a car into a ditch. this after two weeks of negative news stories for his party. after the meeting, the house of commons voted to ado

. >> would it surprise you to learn the governor frequently kissed annabel walsh >> no. i'm sorry, i'm so tired. >> she called it a day transcripts released of cuomo's brother cnn anchor chris cuomo he admitted being looped in on e-mails when the allegations surfaced in march of this year, delo sa asked him to check his sources chris cuomo respond he was on it, later answering that no one heard anything yet >> your thanks to jonathan for that report. >>> the trial of jesse smollett begins in ernest this morning. he is accused of lying to police in 2019, that he was assaulted in a hate crime. nbc news' megan fitzgerald has more. >> reporter: actor jesse smollett on trial that he staged a racist and homophobic attack three years ago. a jury of 12 in a packed courtroom. he said he was attacked by two men who threw a noose around his neck and yelling homophobia slurs and support for president trump. they allege he paid two brothers to carry out the attack. chicago police calling it a pub lissity stunt in 2019. >> "empire" actor jesse smollett took advantage of the pain and a

with me are james moore who is the chief business commentator at the independent and annabel denham,s the director of communications at the iea. tomorrow's front pages, starting with, we will kick off with the climate change summit and if we can begin with you. the independent which is predicting heatwaves of up to 50 celsius every year, europe's reality without climate progress. for so many people, the extreme weather changes that we have seen, the extreme climate changes are in a way that we really felt the immediate impact of climate change. it really brings it to the western world as well because we are looking at these temperatures soar across europe where we can often view major issues like wildfires as being quite far away, issues like wildfires as being quite faraway, quite issues like wildfires as being quite far away, quite distance perhaps in australia and california but not quite so close to home. but i think it's data like this that is really going to bring it home for people just how important it is that we tackle this very urgent and important issue and you've got this

rishaad: let us get over to annabelle. what's -- let's have a look at japanese markets. about that will -- election result. reporter: what had been forecasted in some opinion polling. as you were discussing with steve, there taking election victory and the ldp and securing a majority in parliament. a bit of a relief rally coming through. just a few minutes away from the lunchtime break ending. what this exactly means for markets is that we have seen some commentary coming through. the overarching theme here is stability and what we can expect is a continuity, the same sort of policies to come through and smooths the way for a fist goal -- fiscal stimulus package and something north of $260 billion. jp morgan security sing a bulk of that will go to households and also to revive a domestic travel campaign. haslinda: call to by china's bank shares. what are the details there? anchor: taking a look at this chart here. you can see the bank index was trading at levels we have not seen since 2008 around midyear. since then, it has declined 10%. this is with that stress we have

usually i think he must be a necker annabelle. well, it is just doing the just doing their machine se we shifts him that home sunday. ah, the 1st car, the road healthy assembly line was a luck re sedan the orest in the future. this factory will also produce as you these, you see cdm a suit to solve with solution. nobody's also. oh, do you mean to see a motion with suspicion on him of someone at the museum the questioning of some of you. so if there's any 4th of these items i fish colonaze, unless you're out of sucrose player at the finance revealing the storm, then we'll move from so the what do i put a door to door will go get the money that good for because like open they can potentially relevant but most but anyway with freeman was saying it was me with the mozilla video with no show of lee. oh, really started off. isn't exclusively presidential vehicle for the head of states use, but now it's being used more and more for private trips. with duckworth shameful shells sheets were supposed to be able to video and doesn't look lik

let's get back to annabelle droulers. >> india is to scrap three controversial farm loss to have seenry street protests by farmers groups over the last year. in a televised address, narendra modi apologized for failing to convince some farmers and said parliament will appeal the legislation -- repeal the legislation by the end of the month. the announcement comes ahead of provincial polls where farmers are a key voting block. australia's biggest bank has taken us block -- stock in a group currency exchange. the ceo of commonwealth banks as one of the biggest risks the industry faces when it comes to crypto is being left out of the market altogether. >> we don't have a view on the asset price itself. we see it as a very volatile and speculative asset. we also don't think the sector and the technologies going away anytime soon. we want to understand it. we see risks in participating, but bigger risks in not participating. >> global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg.

names that annabel brought to our attention earlier in the day. of course our last guest norman saying perhaps the worst is not over yet when it comes to china. from china to the u.s., pfizer says it's covid-19 pillow reduces hospitalization and death and high-risk patients by 89%. it is looking for approval for the new way of treating coronavirus. we spoke with the firm ceo. >> we are negotiating with all governments and when we have orders, we are expected to manufacture so that everybody will get it in a fair way. dani: joining us with more details is our health care reporter, michelle cortez. how many pills can they make and how many do we need given this is perhaps a way out of the covid-19 pandemic? michelle: we are seeing record numbers of covid cases, especially across eastern europe but really across the world. between one third and half a million people per day are infected with coronavirus. we need millions and millions of these pills. the company is a saying they can do 50 million by the end of the year, quite a large number, but if yo

. >> would it surprise you to learn that the governor kissed a annabell on the mouth. >> i'm sorry i'm> reporter: she called it a day and questioning resumed the next day. transcripts released of cuomo's brother. he admitted being looped in on conversations and e-mails when the allegations surfaced in march of this year, he was texted about rumors of more people coming out and asked him to check his sources chris responded he was on it later answering that no one herd anything yet under oath, chris denied taking part in any opposition research on his brothers accusers i'm not in that business that's not what i'm about. in albany, the district attorney is still deciding whether to proceed with a misdemeanor groping charge amid ongoing debate if the sheriff properly filed charges without first con consulting with the da. >> tonight, in a statement, cnn said it will review the attorney general's documents regarding chris cuomo and have additional conversations about how they relate to cnn. >>> a stunning new refrlation out of the fraud frtrial of elizabeth holmes she said she was a rape v

so annabel beesley, team mcmichael. suvie lawrence, who is she? team mcmichael. even after this, they're going out in the boat with lee and greg mcmichael, still hanging out with them. team mcmichael. mark perez, team mcmichael. up until february 11th and then she tells you that her husband diego perez had had it with this. had had it with larry english not calling the police, with helping out larry english. he wasn't going to do it anymore, because this was not cool. why was it not cool? because diego perez went inside that house with his flashlight and greg mcmichael came up and went in the house. what was brook doing? my husband's in there, my husband's in there! all right. well, greg mcmichael had his gun, travis mcmichael told you that. he had his gun, brooke had her gun. everybody had a gun. everybody in this case had a gun except ahmaud arbery. so what almost happened? come on, let's get real. it's a miracle diego perez and greg mcmichael didn't kill each other inside that house, pulling guns out. and that was it. what did brooke tell you? no more. i'm not

annabel beasley, dean mcmichael. sue lawrence. who is she? boy, team mcmichael. even after the shooting, they're going out on the boat with greg and lee mcmichael. they're still hanging out with them. okay. team mcmichael. mark perez. team mcmichael. up until february 11th. then what did she it will you? her husband had had it with larry english not calling the police, had had it with helping out larry english, he wasn't going to do it anymore because this was not cool. why was it not cool? because diego perez went inside that house with his flashlight, and greg mcmichael came up and went in the house. what was brooke doing? my husband's in there. all right? well, greg mcmichael had his gun. travis mcmichael told you that. he had his gun. diego had his gun. brooked a her gun. everybody had a gun. everybody in the case had a gun except ahmaud arbery. what almost happened? let's get real. it's a miracle diego perez and greg mcmichael didn't kill each other inside that house pulling guns out. that was it. what did brooke tell you? no more. not doing this anymore. yo

guestsjoining me tonight are james moore who is the chief business commentator at the independent and annabeln bbc news... world leaders have agreed a plan to drastically cut methane gas emissions, at the un climate summit in glasgow. but china, russia and india are not part of the deal. separately, leaders strike a deal to halt and reverse deforestation by the end of the decade. in other news: convicted of taking and sharing pictures of two murdered sisters. two met police officers, are told to expectjail terms. sport and for a full round up, from the bbc sport centre. good evening. we start with football and the champions league — defending champions chelsea have beaten swedish side malmo1—0. after being frustrated in the first half, the blues went ahead when callum hudson—0doi picked out hakim ziyech to finish. malmo didn't manage a single shot on target. chelsea now have nine points from four matches in group h. manchester united are also in action. they face a tough test against serie a side atalanta. around 15 minutes gone in italy, and united have gone a goal down. the and united have