and bbva impressed me with earnings coming out today. their cet 1 ratio is also in line with their capital strategy >> excellent we'll leave it there thank you very much for joining us >> thank you very much >>> bp announced it will buy most of bhp billy ton u.iton u. and shale operations for 10$10. billion. >>> education publisher pearson says it is on track to meet its 2018 outlook after adjusted operating profit hit 107 million pounds that was ahead of expectations the firm delivered cost savings of 40 million pounds in the first half and announced 5.5 pence per share increase >> the second half is a bigger half, more significant in terms of sales and more significant in terms of profit. we're pleased with the momentum we got it's good to have this half year under our belts. there's a lot still to do. the key selling season is ahead of us. that's why we're reiterating guidance on a solid set of earnings >>> reckitt benckiser has had growing sales with the mead johnson purchase they upped its dividend to 70.5 pence mper share. >>> else

bbva is down 1% this morning.the reasons behind that could be the move that we see in turkey. they have had significant exposure in turkey. it is one of those banks in europe that does have exposure in turkey. bbva being marked to the downside, as you can see. the european equities opening in the green. asia rallying late in the day. is a member of the investment committee at carmignac gestion and joins us now. very good to see you. think there is still fairly positive environment for stocks because of the lower interest rates and because of a generally good level of global growth. however, there are a lot of caveats there. with are in a situation where liquidity from central banks is now reducing. with no longer see that very strong synchronous growth -- we no longer see that very strong synchronous growth. we have some political issues in europe and of course with the trade war, so there are some clouds on the horizon. really areason we wanting to protect capital over these next few months before we can get some

. >> he is also shorting unicredit and bbva. that is your business flash update.even heard from elon musk that production issues are production hell. he is building cars and a tent. he is managing to pump out the vehicles that he said he would at this point. >> we are heading towards the earnings results in the most anticipated conference call, will elon musk remain? if you miss out on any of our charts, gtv is the function. this is bloomberg. ♪ scarlet: it's 2:00 p.m. in new york, 11:00 in san fransisco, and 7:00 p.m. in london. i'm scarlet fu. and i'm lisa abramowicz. welcome to bloomberg markets. ♪ scarlet: we are live and bloomberg world headquarters in new york over the next hour. here are the top stories we are covering on the bloomberg and from around the world. push and pull. u.s. stocks struggling as a surge in u.s. economic growth coincides with disappointing earnings. and eisner polices is that. he talks is potential for a big home run and his reason for shorting tesla. and ep picks up top u.s. shale assets, making its largest acquisition in almost