let's bring in the chairman for aviva asia, the second-largest insurer.is wei to our studio. a lot going on here in china. let's talk about aviva, they are shaking up the roles as we asked them to clean up the industry. i want to talk more about the regulators at this point. they have been increasingly scrutinizing the product with higher yields. they are not limiting what you can buy at this point. what impact does that have on of business?-aviva's chris: i think it is good news they have a more disciplined approach to the industry. we have had a range of products come out. we take a traditional sovereignty management approach, more aggressive. is a 300-year-old company, more focused on. we are making sure investments are sound and secure the back the promises companies are making to consumers. in hong kongapital it will have impact on the domestic industry here. depending on the company they have varying shares of sales to mainland chinese visitors. truly that will have a short-term impact. we will see how that hands out. standpoint,kong independent rul

its aviva investment unit. >> we'll have a 50% payout ratio. we moved halfway through that range. we had that eps growth on top of that. the other thing for shareholders, we have built a good balance sheet. we'll do something there. give it back and maybe in the form of a buyback, this sort of yield as you say, a buyback looking attractive as well for us. >> merck's net profit more than doubled in the fourth quarter bolstered by growth in the healthcare division. the drugmaker expects stable core earnings this year due to increased competition for prescription drugs. >>> carrefour's operating profits fell by 4% in 2016 coming in shy of estimates. weakness in the french market where operating profits fell by more than 13% dragged down the results. they're off by 3.5% this morning. they said that sales would grow by 3% to 5% in 2017 while at the same time kept its dividend unchanged at 70 cents per share. >>> bt has appointed rio tinto chair jan duplessis as chairman. duplessis has served as rio's chairman since 2009 leading the company through a

manus: we are waiting for aviva to give us their numbers, the insurer company.hese are the numbers. operative profit, 3.0 one billion pounds with a dividend of 23.3 pence. in terms of the operating level, billion pounds with a dividend of 23.3 pence. we have a little bit of breaking news as well from bt, anna. just looking at that. anna: there are a few corporate. we have got shell divesting the oil interest in canada for a net of $7.25 billion. this is coming through from the anglo dutch oil business. they will sell the oil interest in canada to cut their share from 60% to 10%. this is a substantial move, producing a net of $7.25 billion, selling at stake to the canadian natural resources limited. this business has done many deals of late. we are getting an update from bt. manus: we have a new chairman taking to the helm of bt. succeed.lessis will the changeover will take place on the first of november. so, that is a new chairman coming into the seat over at bt group. anna: we are now joined on the program in the coming weeks. let's look at morrison and get an

ireland are playing iceland in a friendly this evening iceland have taken an early 1—0 lead at the avivaelder robbie brady captaining ireland in dublin in the absence of seamus coleman who's broken his leg. england women's head coach mark sampson will announce his 23—strong squad for euro 2017 more than three months before the tournament begins injuly. sampson came in to see us today, he says naming the squad next monday will "bring huge benefits". they were knocked out at the group stage four years ago. we wa nt we want to win, that's for sure. we will go into this tournament with the mindset, do our best. we need to win six games, that is what football tournaments are about. some big highs and lows in canada. that experience will be important in the summer. the culture, media and sport select committee investigating doping in sport have heard from the doctor, who received the mystery package for sir bradley wiggins in 2011. richard freeman has provided written evidence, maintaining that the parcel contained a legal decongestant. all parties deny any wrongdoing and the allegations that

there's been plenty of rugby union action this evening in the aviva premiership.ter moved within one point of the leaders wasps with a big win over leicester. leicester had taken the lead in the opening minutes, but in very wet conditions at welford road, they had no answer to the in form exeter — mitch lees ensuring the chiefs came away with the bonus point with 20 minutes still to play. 34—15 the final score. in the night's other game northampton beat sale. 0spreys have moved to the top of the pro 12 table with a narrow victory at edinburgh. josh matavesi touched down for the only try of the game in the first half as his side ran out 13—9 winners. edinburgh have now lost five games in a row. there were also wins this evening for connacht and ulster. there were two games in rugby league's super league. wakefield trinity won for the first time in 12 matches, but they needed a late controversial penalty try to do it. eventually beating st helens because of that late decision but not in doubt, was the finish from mason caton—brown in the first half as he was able to

in rugby union's aviva premiership, worcester warriors moved seven points clear of relegation rivalsr went over for their first try in the opening minute of the match and went on to score five more securing the bonus point before the break. bristol mustered three tries of their own but their chances of survival are slowly slipping away as they remain bottom of the table. elsewehre england number eight billy vunipola returned from injury as saracens secured a 35—27 bonus—point win at newcastle. vunipola could now feature in the rest of england's six nations campaign after playing 72 minutes at kingston park. after last night's emphatic victory over david haye in london, tony bellew has revealed he broke during the bout. tony bellew has revealed he broke his hand during the bout. the much—hyped british heavyweight showdown at the 02 ended with both fighters injured and considering their futures in boxing. our correspondent andy swiss reports. for the man who was once in a rocky movie, it really was a hollywood ending. few had tipped tony bellew and soon it was the heavier david haye pa

in the home side's 15 match unbeaten run at the aviva stadium, russia came from 3—1 down in sochi toan club association says europe's top clubs are unhappy with the expansion of the world cup. fifa voted injanuary to increase the size of the tournament from 32 teams to 48 from 2026, but it's a decision which hasn't pleased everyone. the eca chairman karl—heinz rummenigge says he fears player burnout with the amount of players that would feature in an extended season. i believe it is quite clear that fifa knows that we are unhappy with the fact that they increased the number of participants in the world cup by 50% and that is quite clear, that this is a fact, and we believe the way of the position, making and transparency, was not acceptable from our point of view. i believe that regarding our players, they publicly played too many games. —— probably play. we have to reduce their stress and i believe it's a point now that arrived where these organisations have to think a bit more about foot all and not just about finance and politics. to tennis and number one seed stan wawrinka is out

anna: head of rates at aviva, investors.t suisse could ditch its swiss ipo in favor of a $3 billion share sale, a scoop from bloomberg news. we will bring you that exclusive story. this is bloomberg. ♪ ♪ welcome to "bloomberg daybreak: europe go -- europe." gorgeous berlin. the heart of the city, the brandenburg gate and it looks like a wonderful day. right now it is 8:15 on the cotton it 7:15 in london. anna: let's bring you an exclusive story. consideringe is selling 3 billion swiss francs of stock as nest turn it into raising capital through part of its with unit. let's speaking and hendrix foster care great have you on the program. this could the end of the credit suisse ipo. can you hear us? >> yes, high. this could be the end of the ipo story for quite a three's -- credit suisse? >> we have been understanding that the bank is considering a capital increase and that would come instead of planned ipo of the swiss unit that will be a partial ipo. the bank has announced plans , there seems now to be a slight chance of the

by 6%.er today, up earnings in its life insurance the executive of aviva. asset sales and acquisitions. he certainly changed of eva and his purchase of life crude. shares of by 20%. beating estimates by one measure as his guest supply raise his dividends after the first attempt of the accommodation failed in september. question guarantees for workers and benefits. roughly a fifth of 1%. julie: a little bit of a bounceback, but it is a modest one with all three averages up about a 10th of 1%. economic data continues to come in strong. the latest index rising to his -- it ties in a decade. tomorrow's big job support we continue to see the route in the one market as well. draghi nots by margo hurting matters. a signal thathing could mean a more sustained market. his caveat is that it would have to a be sustained for a week. 2.6% is what we are talking about. here's a three-year chart for the 10 year yield. level weproaching the .ill hear from grossman self be sure to tune in that -- to tune into that. meanwhile, the rising yields has a ripple effect across mar

there's one game in rugby union's aviva premiership tonight.behind worcester in second from bottom. they've only won three times all season — and it doesn't look like they'll be getting win number four tonight. gloucester winger charlie sharples scoring the only try of the match so far. meanwhile in the pro 12 llanelli scarlets looked to get their top four hopes back on track at home to edinburgh. they could finish the night in the top four if ulster lose at newport gwent dragons. ulster ‘s leading 20-17. and gwent dragons. ulster ‘s leading 20—17. and in super league, warrington wolves are looking for their first warrington wolves are looking for theirfirst win of warrington wolves are looking for their first win of the season at st helens. 18—0 down at half—time. saints have scored three tries. this is the pick of them, finished off by adam swift. warrington pulled one tribe back a few minutes ago. the other scores so far, huddersfield giants 12—20... that's all the sport for now. an employment tribunal has ruled that a self—employed cycle co

two games in the aviva premiership today.he table — they‘ re currently leading worcester 26—19 with 20 minutes to play there. -- 33-19. saracens are third but a bonus point win over bath today will reduce the gap on second placed exeter to a single point. they've ran in three first half tries — scotland winger sean maitland with the third just before half time. 20-10 20—10 lead with half an hour left to play. tennis and world number 11 johanna konta is just starting her third round match at the miami open. konta was taken to three sets in the previous round but is playing pauline parmentier of france who is ranked 46 places lower. the match is under way. it is one game all in the first set. that is all for now. keep up—to—date on the bbc website and the gymnastics. more in the next hour and i will get my maths right! thousands of russians are on the streets of moscow and other cities to protest against corruption. the protesters want the prime minister — dmitry medvedev — to resign over corruption allegations. several people

thomas kane looks ahead to the key tie from the aviva stadium.utstanding home record and martin o'neill and they have not lost a qualifying match since took charge —— under. is a draw a good result? yes, i would say that, and i don't wa nt to yes, i would say that, and i don't want to be too cautious by saying that we will play for draw, because roy keane spoke about that, but in essence a draw is a good result because it keeps the run going that we have been on anichebe is the distance between ourselves and wales. —— and it keeps the distance. but that could turn into negativity of —— if you have a tendency to drop, but they can fall back on the luxury of a draw. it is important to not focus just on gareth bale? luxury of a draw. it is important to not focusjust on gareth bale? yes, knifing one of the most impressive midfielders in the premier league this season has beenjoe allen, and as much as we say, stop arab way, we know thatjoe allen, aaron ramsey, they have got quality —— stop gareth bale. their team is littered with real star quality pla

for their england internationals, it'll also mean a return to the aviva stadium, where they lost in thell again be facing many of the ireland players who ended that record—equalling run. they will take a lot of confidence out of that and we will take a lot of determination out of that. it's more than about those players coming back and putting in a performance wasps, it's about them getting one step further into the semifinals, hopefully, and who knows where we go from there. obviously that's over the shoulder now. i'm sure they'll carry a little bit in their belly from the game against ireland, but i think their overriding emotions will be to get the job done for wasps. so apart from those two, in the other quarter finals munster host toulouse on saturday, and also on sunday an all french affair between clermont auvergne and toulon. now each year when the crews of oxford and cambridge meet on the thames the focus is very much on university students... but on sunday, one london school will have a very big say in who wins both the men's and women's boat race, as three of the four coxes a

to continue that conversation, charles deibel from aviva investors, charles, good to see you. how do i play this french uncertainty heading into the elections? >> well, you have already seen a fair amount of movement in the bond market spreads. i think that perhaps if you really all that worried about the tail risks, simply buying some sovereign cds is a simple way to protect against the tail outcome, because they don't have a lot priced in. overall, to be honest, the markets are largely discounting a negative outcome in terms of a le pen victory because the probability seems low. >> so i shouldn't be positioning for a frexit? >> certainly not based on our estimation of events. not only because of the opinion polls, but likewise the number of hurdles, even if she were to win the presidency, given you have the general assembly elections and then put it to a referendum, we think there are too many hurdles for that to be a realistic probability. >> in that vain, why aren't more investors buying on that at this point? shouldn't you buy on the dip? >> the easiest way to deal with i

aviva premiership leaders wasps beat fourth place bath.cester. harlequins narrowly won at gloucester. glasgow warrirors ran in seven tries in a convincing 47—17 victory over the dragons in the pro12. glasgow had trailed by 10—0 until midway through the first half. but they recovered and steamrolled their opponents. their captain and scotland centre mark bennett scoring the pick of tries in their bonus point win. here is a quick update on the day's other matches. salford beat bottom side warrington 24-14. salford beat bottom side warrington 24—14. catalan versus widnes kicked off at five o'clock. catalan are leading 12—0 at the moment. definitly red won the grimthorpe handicap chase at doncaster today, one of the key trials ahead of next month's grand national. ridden by danny cook, he beat last year's winner and favourite the last samurai into second place. it's the 10th career win for definitly red who is trained by brian ellison. he is now 14—1 for the national. over on bbc2 right now there's coverage of the european indoor championships

iceland have taken an early lead at the aviva stadium, robbie brady is going to captain ireland in dublineland in dublin in the absence of seamus coleman. one of the biggest fixtures tonight is between france and spain in paris, they are playing a friendly and france had the best chance of the game with arsenal defender laurent koscielny shooting which was cleared off the line. greg laidlaw will delete mac hopes to be back to play before the summer tour of australia. he missed most of the six nations campaign after injuring his ankle in the defeat of france. warren gatland will name his squad for the new zealand tour and greg little believes a number of scots have a great chance the pillow the scottish players have as much of a shout as other players. i felt throughout the championship we were consistently good and individually we had strong performances. competition for places right throughout the squad and he has other good players right through other nations as well to pick from so they will need a strong squad to go to new zealand, it is the best place in the world to play rugby and a

burnley‘s robbie brady will captain the side at the aviva tomorrow night.e. as i mentioned earlier, keys down as he would be. as the realisation that he's going to be out of action for quite some considerable time has dawned on him. those sort of things don't take five minutes to get over. it has been disappointing, for the captain and the lad. it is always disappointing, i saw the new straightaway when it happened. the lads are obviously disappointed for him. we will be there to help him, along the way. we have reached the halfway point in world cup qualifying, scotland are up to fourth in theirgroup ahead of their next match which is against leaders england in june. that should be a sell—out in glasgow. it wasn't last night though as scotland beat slovenia 1—0 at a half—empty hampden park. everybody who is involved with us will go away, anybody here tonight will go away, anybody here tonight will go away feeling good about themselves. i hope they enjoyed it. we are available for people to come along and support us next time. and i know you will give us th

euan munro, ceo of aviva investors. that will do it for manus and i.n on the ground telling us the story from the netherlands. he will continue to do so. the european open is next. matt miller will be speaking to the president of the institute of international finance. conversation takes place at 7:45 u.k. time right here on bloomberg television. these are live pictures from the hague as the dutch go to the polls. this is bloomberg. ♪ guy: good morning. it is fed day. welcome to "bloomberg markets: european open." i am guy johnson alongside matt miller. how hawkish investors see a fed hike as a done deal. what clues will yellen give us about the right path? going dutch. amsterdam. in

says thee ceo of aviva firm will use excess capital to pay shareholders and refinance costly debt.wilson spoke to bloomberg after the insurer posted a rising full-year operating profit. >> our balance sheet is transformed. we have this high quality problem of having too much capital. where going to invest in our business. we're going to give some of that back to our shareholders. we're going to pay down some pretty expensive debt as well. we will see what investors say. nejra: royal dutch shell is to sell all of its undeveloped oil sand interest in canada. the company plans to reduce its share in the oil sands project to 10% from 60%. that will net the anglo dutch producer $7.25 billion. akzo nobel says it may separate its specialty chemicals business after rejecting a bid for the whole company from u.s. rival ppg industries. akso said the 83 euros a share proposal substantially undervalued the company and was not in the interest of its stakeholders. mark? mark: still with us, stephen isaacs. week on since the snap ipo, the price $17, thursday closed $4.48.to $27.09 on friday was t

se aviva la controversia por el video clip del rapero snoop dogg y que era un mal presidente, dijo quedades porque te viene muy bien. tauro sigue en esta rumba de buena fortuna, te acompaÑa todo el tiempo. gÉminis habrÁ un momento de cambio de opiniÓn pero cuidado. cÁncer tienes noticia de dinero en la casa, hay un ascenso a un lugar superior o un nuevo trabajo para ustedes mis amados cÁncer. leo viene un momento donde los sueÑos se hacen realidad, un sueÑo de dinero y trabajo se convierte en realidad ahÍ. virgo cuidado con llantos por algÚn dinero que la familia podrÍa gastar mÁs de la cuenta, cuidado un tiempo difÍcil. >>> libra, tu voz interior te dice donde agarra la decisiÓn del dinero. escorpiÓn, mucha gente a tu alrededor, muchas cosas que pagar en este tiempo, cuidado saturno dando mala situaciÓn en la casa 2 del dinero. sagitario parcipa en algo nuevo. mis capricornio tiene un momento increÍble de este dinero esta semana y estarÁs feliz. acuario estas culpable con la pareja por dinero no se sientan culpable de nada. piscis el trabajo te tiene agotado, sin aliento, ten cuidado

. >>> un nuevo hecho aviva el debate nacional sobre inmigraciÓn y der importantecion de personas es la de 31 aÑos que fue deportado cuatro veces agrediÓ con un cuchillo a una mujer en el estacionamiento de un bar en una discusiÓn por una transacciÓn de ma er guan luego regresÓ al departamento donde estaba la menor mientras su madre estaba trabajando, cuando su novia regresÓ vio lesiones en el cuerpo de la hija y le reclamÓ al hombre que la apuÑalÓ, ella pudo huir y llamar a la policÍa. >>> surgen denuncias de que los agente de ice ejecutan redadas vestidos de civiles y que se van en autos sin identificaciÓn oficial de ahÍ el temor de la comunidad inmigrante de que los acechen en cualquier calle y hasta los arresten seno orden judicial como el ca de una madre cuyo esposo y padre de siete hijos fue deportado a mÉxico. >>> mi esposo iba al trabajo cuando dos patrullas de civil lo agarraron. >>> la gente estÁ un poco espantada debido a que este aÑo pues el gobierno federal estÁ deportando las leyes de inmigraciÓn hasta cierto punto no salen. >>> autoridades no dicen nada de las denuncias.

un comentario del secretario de vivienda y desarrollo urbano, ben carson, aviva la polÉmica.on a estados unidos como "inmigrantes con sueÑos de prosperidad", palabras que resultan incongruentes, puesto que esas personas fueron traÍdas al país a la fuerza. cientos de manifestantes se reunieron frente a la casa blanca para protestar por la nueva orden ejecutiva sobre inmigraciÓn firmada por el presidente donald trump. entre los protestantes se encontraba el presidente del comitÉ nacional demÓcrata, tom pÉrez. la orden suspende el programa de refugiados e impone restricciones contra viajeros de seis naciones de mayorÍa musulmana. tras meses de incertidumbre sobre el futuro de la ley de salud asequible, representantes republicanos ya tienen una versiÓn inicial del anuncio de reemplazo, y se prevÉ que sea votado a partir de maÑana. claudia uceda tienen las primeras reacciones que ha generado. claudia: durante la campaÑa electoral, el presidente donald trump prometiÓ derogar y reemplazar obamacare, y oÍ esa promesa estarÍa cerca de convertirse en realidad. el lunes a Última hora, r