let's get your first word news with annabelle droulers. annabelle: thanks, manus.bandoning a key profitability target. return on tangible equity of more than 11% in 2020. results missed expectations. and lenders flagging significant restructuring charges as it contends with a worsening global outlook. the eu is proposing a brexit extension until january 31, according to draft documents seen by bloomberg. it will be discussed today. under the proposal, the u.k. would be able to leave earlier. this coming as prime minister boris johnson was set to lose his bid for a general election on december 12. hdadiic state leader al-bag saidad, as president trump they carried out a raid in syria. he detonated an explosive device. his new york times" reports successors were killed in an airstrike the following day. toefighters are working contain a blaze in california. the fire has forced the evacuation of nearly 200,000 people. they have declared a state of emergency. meanwhile, pg&e is restoring power to millions after the states largest ever deliberate blackout. evere state's

annabelle droulers. annabelle: thanks, manus. beaten hisnandez has opponent to take the presidency in argentina. investors will be watching his first steps after an election that came in the backdrop of an economic and currency crisis. rebuff to seen as a austerity and signals a return to power for anti-league politics that favors owners over business -- workers over business owners. isis' leader is dead. he becomes the highest ranking terrorist leader killed or captured since osama bin laden was killed in 2011 during the obama administration. trump said the u.s. is targeting his likely successors. demand, and now he is gone. baghdadi was a vicious and violent, and he died in a vicious and violent way, as a coward, running and crying. annabelle: the brexit talks continue after the main opposition labour party made clear it will not back the bid for an early election. their refusal to support the motion means johnson is almost certain to fall short of a majority in the house of commons vote on monday. meanwhile, the eu is proposin

let's get first word news with annabelle droulers, in sydney.ookphabet a hit from heavy spending on the cloud business, trying to keep up with rivals microsoft and amazon. fromncome $7 billion, down $9 billion a year earlier and below expectations. expenses jumped faster than revenue, rising 25% on the year. a u.s. army officer says he raise red flags about president trump's ukraine call. the lieutenant colonel works for the white house national security council, and says he flagged to the july call and other events to the nsa's lawyer. speaker nancy pelosi says the house will make its first vote on the impeachment inquiry later this week. boeing's chief executive is set to tell the planet -- senate the plane maker made mistakes in relation to crashes of the 737 max 8. a fresh allegation emerges the company withheld key safety information. boeing's visit to capitol hill coincides with the one-year anniversary of the first crash. hong kong chief executive carrie lam is dismissing the suggestion she will be replaced, saying the financial times rep

let's get the first word news with annabelle droulers in hong kong. boris johnson will finance -- will find out if he has any chance of getting his brexit deal through parliament. the second vote is scheduled to take place at 7:00 p.m. u.k. time. he probably has just enough support to win but he will immediately face a more difficult vote on his rapid timetable of pushing the vote through parliament. won a secondu has term as prime minister but with a reduced mandate that will force him to rely on other parties to govern. in liberal party was leading 155 districts, short of the 170 needed for a majority. in the last election, they achieved a majority to govern alone. president trump raising trade expectations that an agreement with china will be signed at the aipac meeting next month. he indicated negotiations are going well and they have already started buying more agricultural products. softbank is looking to take a wework.ing stake in we are told they will value the company at about $8 billion, giving softbank a 60% to 80% stake. earlier this year,

manus: let's get your first word news with annabelle droulers in hong kong.elle: president trump defending his decision to pull u.s. forces from northern syria and he also says he is fine with letting russia fill the void. the u.s. house of representatives took a different view. secretary of state mike pompeo blaming turkey's president for the crisis. u.s. senators are pressing ahead for a bill in support of hong kong's pro-democracy movement. the legislation would subject the city's special trading status to annual review. it would punish china for any crackdowns. ecb policy makers are calling for a change in strategy after years of monetary stimulus. it has left the euro zone stock with inflation. president week before mario draghi holds the final policy meeting of his eight year term. bank of england governor mark carney says negative rates are not a policy option for the u.k. but he doesn't think the move has hurt the euro zone banks. he has added to the chorus of calls for more fiscal policy. carney says it is now time for governments to expand their bud

i'm annabelle droulers. this is bloomberg. yousef: the fed has cut again, reducing interest rates by .25% for the third time this year but jerome powell signaled a pause in further cuts unless the economic outlook changes, saying he believes monetary policy is in a good place. >> we see the current stance of monetary policy as likely to asain appropriate as long incoming information about the economy remains broadly consistent with our outlook of moderate economic growth, a strong labor market, and inflation near our symmetric 2% objective. manus: the bank of japan has maintained its policy rate and its jgb yield as expected. the timeframe was dropped from for the guidance while cutting growth and inflation forecast. we got a great guest who joins us from riyadh. martin gilbert, vice chairman of standard life aberdeen. great to have you with us. thank you for getting up early for school. let's talk about the fed. a shift in the language, they've removed act as appropriate to maintain the expansion. is this the fed trying to re

nejra: annabelle droulers in much., thank you so with third-quarter earnings in full swing, we have aof bank interviews on bloomberg. we speak to the credit suisse ceo, tidjane thiam, on wednesday. we also have interviews with the deutsche bank cfo and the cfo of standard chartered. don't miss our exclusive with the santander ceo. with cfoswe sit down of bnp paribas and ing bank. the calm before the storm, as u.s. equities hit new highs. one trader is making a huge bet that volatility will erupt like it is 2008. that is next. this is bloomberg. ♪ ♪ nejra: this is "bloomberg daybreak: europe." let's get a check in on the markets in asia. great to see you. on another day of green on the screen. >> we have a bit of a mixed bag. a lot of optimism earlier in the day, which we got from a good sense of earnings out of the u.s. the fed rate cut prospect as well helped to propel markets at the start of the day. ultimately, that sort of ran out of steam. 0.5%.kkei up by nomura has gotten into profitability. business,retail domestic market for nomura hurting them. hang seng up by about 0.4%. we

bloomberg first word news with annabelle droulers in hong kong. swiss environmental parties have made history in the country's election. the greens overtook the christian democrats to become the fourth biggest party. ofy also increased a share the vote meaning the two control a quarter of the house that came at the expense of the anti-immigrant party which saw its lead narrow. president trump's allies are making a list of potential replacements to mick mulvaney. ,t includes matthew whitaker former new jersey governor chris christie, and veteran political operative wayne berman. some white house aides were not happy with his performance at a press conference on thursday. homes prices for london rebound in october. it climbed 2.4% amid a scarcity of new properties. we are down 30% on the year, showing how much brexit has made perspective and sellers reluctant to take the plunge. global news, 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. manus. manus: a