. >> reporter: this video obtained by bloomberg news shows uber ceo travis kalanick swaying to the music in the back seat of an uber black car, but at the end of the ride, he also gets an earful from the driver, identified as fawzi kamel. >> reporter: kamel tells kalanick drastic cuts in uber rates hurt him financially. >> reporter: in a memo to uber employees last night, kalanick apologized, writing --

starting this friday at noon eastern, bloomberg will be launching a new program on fixed income called "bloomberg real yield," right after the european close. mark: coming up, u.k. prime faces theheresa may first potential brexit builder feet in the house of lords. this is the live picture of the debate in westminster. this is bloomberg. ♪ vonnie: from bloomberg world headquarters in new york, i am vonnie quinn. mark: live from london, i am mark barton. european close 14 minutes away. prime minister theresa may facing a potential setback in the house of lords. lawmakers debating an amendment right now that would protect the rights of eu citizens living in the u k after brexit. a vote expected at the end of this hour. joining us is our government reporter for bloomberg news. what is going to happen? >> we are going to get a vote around 5:00. you got to remember that theresa may's majority in the comments does not hold in the lowest because it is the liberal democrats and labor there. commonstest is does the then rejected this? if it doesn't, they have to cave in decimate has to cave in

anna: stewart wallace, bloomberg news executive editor.anus: we will have jamie dimon speaking with francine lacqua in paris. the first 100 days of president trump, brexit, and global banking. anna: and bloomberg customers can watch that interview live via top . we will bring you special coverage of the ecb policy decision at 12:45, followed by draghi's news conference. customers can find all of that on tliv . manus: we will have the exclusive interview with the president jean-louis chaussade. equity futures are set for lower. exxon mobil will be in play. shell will be in play. "daybreak europe: the bloomberg market open" is up next. ♪ manus: good morning welcome. you are watching bloomberg markets and this is the european open. i am guy johnson in london. matt miller is in frank for, outside the ecb, which is what we are watching today. let's talk about what you need to know. price pressure. the ecb meeting is likely to be all talk and no action. how close is mario draghi to taking the first step to the journey of normalization? s

this is bloomberg. ♪ ♪ live from london and from new york, i'm vonnie quinn. ton. ons is "bloomberg markets" bloomberg television. uncertainty rising as elections in europe. despite all this, investors do to bee -- do not appear worried. etfing us is head of investment strategy, blackrock exchangee -- blackrock is the largest globally. morningstar have this report said european etf's will reach $1 trillion asset fund to management by 2020. do you agree with that forecast? >> the etf market has gone through phenomenal growth centered in the u.s. initially, but now to europe. if we were to extrapolate this in thetrajectory we saw u.s., and more recently in europe, the number is not too ambitious. mark: some of the more interesting developments is the race to the bottom between blackrock and vanguard. the cutting of fees under core goducts -- how low do fees when you look at the average, which is nine basis points or less? are we going lower or lower here? fees,n people look at they go beyond the headline management fee. fee from more at the the cost of ownership,

we are live from bloomberg world in new york for the next hour plus covering stories out of washingtonand beijing. the top stories on the bloomberg and from around the world. in markets, we got one hour to in the trading day, stocks are in the red. financials and materials leading but we have some lay-day turnarounds recently. another? see it's been said that the market is back, but returns indicate why active look at managers performed so poor in february and whether the trend is likely to continue. in politics, president trump issues a revised travel ban, how is it being received? reaction from the heritage foundation's james carafano. the president's original order calling it balanced for security and compassion. close one hour from the of trading. let's get a check on markets with abigail. to say there was no bounce?a late-day abigail: a pullback on the week. day of the trading the modest gains interesting or worth noting is that it follows last week's bit of volatility. ended the week with gains for the major averages, but it came on the year's best rally the worst pullback in a m

scarlet: from new york, this is bloomberg. >> it's 3:00 p.m. in new york, 12:00 p.m. in san francisco. i'm all of her in it. scarlet: and i'm scarlet fu. welcome to "bloomberg markets." all of her: we're live in bloomberg headquarters in new york. over the next hours, we'll cover stories out of chicago, washington, edinburgh, and beijing. here are the top stories from around the world. an hour to go in the trading day, the s&p is on track for its first two-day slide since january 1. fred chair yellen says it will likely be appropriate to raise interest rates and a couple weeks. as it was not a very merry holiday for retailers. isse speaker paul ryan talking about a corporate tax overhaul. we will tell you what it could mean for the struggling sector. and we will talk about is the president will support debt relief. let's get a check on markets. what's going on? julie: not much. we're off the lows of the day for sure. we started a little more deeply in the red. we are nearly back to the unchanged level, but we should mention it is the sixth straight week higher for the

markets. ♪ where live and bloomberg world headquarters in new york overcovering stories that of toronto, washington, and madrid. there are the top stories from the bloomberg and around the world. andhour ago, trading day stocks paring losses with investors. a witty the next move from the trump administration after the health care defeat. there are two to three rate increases that are appropriate this year. and in the ceo talks business with us. we will get an update on the dupont spin off. defying gravity in the last year. his one hour away from the close of trading in a good check on those markets. in your thetocks highs of the session here. you and i have talked about this a lot. from tax form given the failure of health care reform and the repeal of the aca. it looks like at least today, investors are taking a sort of wait-and-see approach. there is not the sort of end of the world feeling in the markets here. the dow is down for the eighth straight session. here is the intraday chart over the past eight days. it hasn't been that big slump considering

a white house official telling bloomberg news that president trump has signed a new travel ban.see the podium. we will bring you anything that happens at that podium live is and is it does. president trump has called on congress to find $1 trillion in public and private funds to invest in america's roads, bridges, airports, and other projects. we are focusing on the president's infrastructure plan. we are joined by mike burke, om.irman and ceo of aec do you anticipate $1 trillion will be put aside to spend on infrastructure at some point in 2017? mike: i think a plan will be put in place before the end of 2017 for the $1 trillion plan and then it will be implemented over the course of 18 and 19 and forward. vonnie: how will this happen? . bipartisan effort presumably will it involve tax credits and public-private partnerships? mike: we don't know just yet what it will look like that we do know that it will be a bipartisan support initiative. we have seen broad bipartisan support across washington for an infrastructure initiative and i think it will be comprised of a host of diff

new york. i'm joined by bloomberg's paul allen with a look at the markets. good morning to you. t's start off in new zealand. showing signs of positivity off -- about it, .1% right now. nikkei pointing down at the moment. aussie model, down after a bit day on thursday. future sporting down just a touch at eight points lower. keeping and i on the core group at the open. macquarrie as just a by -- agreed to buy the petroleum trading business. no terms have been given so far but the deal is expected to close this year and it strengthens their hand in commodities as other lenders have been retreating from that sector. quite a bit of earnings out today to shanghai electric, csc, keep and i on when the stocks start trading in asia. i am paul allen in sydney. more from "bloomberg technology" next. caroline: this is "bloomberg technology." i am caroline hyde. back to a story we've been following, president donald trump's second travel ban was blocked by two u.s. judges hours before it was set to go into effect. tech companies continue to challenge his immigration reforms. the tech in his

bloomberg's new york bureau chief.a major upset which knocked a lot of people out of contention. >> and unbelievable night in college basketball. duke loses and duke was a 2 seed. , 38in our humble bracket competitors, 16 of them had duke going all the way. that knocked out a fair number of people. that followed the overall number one seed villanova going out on saturday. was telling someone earlier, i got an enough from one of them late that are day night saying hattaway look at the who else has who winning? he was trying to game out where he was going to stand. and sunday happened in duke went out. it rattled some people. oliver: let's answer his question and jump into the terminal. bracket go brings up your bracket. go to celebrities. it you can see through each round, we are basically getting the most recent sport. you see the los angeles lakers president and part owner who has bob steele. there is definitely some leaders taking the board here but plenty to get caught up. >> and jeannie and bob had duke winning it

this is bloomberg. ♪ mark: it is 11:00 in new york. rk barton along with vonnie quinn. welcome to bloomberg markets. ♪ we are going to take you from new york to london, and covering stories out of washington and germany today. here are the top stories we're following on the bloomberg and from around the world. chiefs have gathered in germany to speak about the most pressing issues in the financial committee -- community. we will look at what may come out of the gathering. , germaned states chancellor angela merkel is about to kick off her meeting with president trump. have expressed opposite views on immigration and trade. and i find common ground? mohammed el-erian joins bloomberg's real yield. he says the fed is trying to lead markets instead of reacting to them. is that a good thing for investors? 90 minutes into the trading day in the u.s., most stocks are sustained but julie, you have the latest movers. julie: largely in action on the macro level, kind of this drift we have seen. 106 sessions without at least a 1% pullback in the s

later this week, this should be positive the banks and we're seeing a ittle more of sell the news action. he bloomberg dollar index, history suggests it's more buy the rumor, sell the news. a hugelar index is up in way, more than 10% into the december 2015 rate hike, then a bit of a pullback and rate hike, e 2016 it's been a bit bearish for the index. it may suggest we could see yields reverse back down, joe, is erhaps that's what weighing on the financials day. concerning some interesting market action here. thanks, abigail. winning nobel prize economist questioned whether anyone can identify market bubbles that end up causing crashes. definition is an irrational strong price increase that has a predictable strong incline. esearchers say you can predict crashes in the equity market because they share common traits. authorsus is one of the of that study, a harvard business school professor of finance.and great to speak with you. eugene also said -- with you, be scarlet. scarlet: he wants a systemic way of identifying bubbles. to you, first off, is how hard is it to call a bubble? >> it's hard to call

have you caught bloomberg's new show, bloomberg new yield?ferro focusing on issues that directly affect debt markets. this is bloomberg. ♪ ♪ mark: it is time for first word news. women all across america stayed home from work today, wearing red and rallies across the country to show the economic strength and impact on society. it is all part of international women's day. the main event being called a date without a woman was organized in washington with smaller rallies being held in cities across the globe. it is the first major action by organizers of the women's march since the day after president trump's inauguration when millions of women poured into the streets in protest of misogyny, inequality and oppression. san francisco is seeking a glimmer new you judge and that president'sthe executive order on sanctuary cities. the order calls for cutting funding to many saudi's and other jurisdictions that protect undocumented immigrants. officials say the order dollars ino billion funding, although no federal funds had been withheld yet. the si

bloomberg. julie: breaking news from the trump administration.uspending and obama administration to have transparency in airline fares. the action has been stopped by the airlines and the washington trade group. they issued these notices on the government website. the department of transportation to spending and obama proposal to require transparency in airline fares. i don't know the details, but we are seeing a reaction. this is a ual. airlines, the other this is delta, which is just up half a percent. not as much. 1.5%.an, that is up we will get more details when we have them on what this proposal entailed. we are seeing these chairs go higher. a quick look at the major averages in the u.s., declines across the board. that the s&p 500 is set for its first 2-day slump since the end of january. saw smallh we movements through february, we did not see 2 back to back drops in a row. snap on its second day of trading. the stock up 71% in its first 2 days of trading. even though a lot of the analyst commentary so far has incautious if not outright n

new year. this is bloomberg. ♪ vonnie: from new york, i am vonnie quinn. this is bloomberg markets, i am mark artan. let's head to china with the latest reports show the economy holding momentum in 2017. more from beijing. >> industrial profits climbed from a year earlier while fixed asset investment ramped up a .9%, beating forecasts. retail sales came in below expectations, rising nine and a half percent. that was the first expansion since 2003 with the number driving lower by auto sales. overall, today's report shows investment property and industrial drivers underpinning growth across the economy. it adds weight to the pboc's decision to shift policy towards a tightening bias. they have a target of about 6.5% this year. chinese premier is expected to be point about the economic out look at a press conference tomorrow, ramping up the actual people's congress. vonnie: now it is time for our latest bloomberg business flash. some of the biggest stories in the news right now. bank of america is likely to choose billman for its european union base. that is a

bloomberg technology". next week, we speak week the ceo of oneweb discusses their merger. tune in each day at 5:00 p.m. in new in san francisco. remember, all episodes of bloomberg technology are live streaming on twitter. check us out at @bloombergtechtv weekdays. that is all for now. this is bloomberg. ♪ carol: welcome to "bloomberg businessweek," i am carol massar. oliver: i am oliver renick. carol: trumpforce one ready for takeoff. domino's does some soul-searching and comes up with a new recipe for success. oliver: all that ahead on "bloomberg businessweek." ♪ carol: we are with the editor- in-chief of bloomberg businessweek, megan murphy. you guys look at korea. there is a lot going on in south and north korea. megan: we ha sn

if you like bloomberg news, check us out on the radio. en to us on the bloomberg radio app, bloomberg.com, and in the u.s. on sirius xm. this is bloomberg. ♪ ♪ caroline: welcome back to the "best of bloomberg technology". i'm caroline hyde. now back to the stop story -- top story of the week. snap shares closing up 44% from its listing price, yet the company still has some things to prove. when big concern for investors is slowing user growth. on the roadshow, the company told investors it was due to an issue with its android product, but some were skeptical. we dove into it all with cory johnson and bloomberg intelligence. cory: fundamentally, for this company to grow in the valuation it is at right now, it will have to be a better business. it is priced as if a lot of things will work. when i looked through the filings, statements, one of the biggest issues was this rapid decline in user growth. we discussed it a little bit. they have acquired a lot of users, rabid users. they like to talk about engagement -- how much time users spend on

if you like bloomberg news, check us out on the radio cover you can listen to us on the bloomberg radiobloomberg.com, and in the u.s. on sirius xm. this is bloomberg. ♪ caroline: welcome back to the "best of bloomberg technology". i'm caroline hyde. now back into the top story, 44% fromes closing up its listing price, yet the company still has some things to prove. one big concern is slowing user growth. companyoadshow, the told investors it was due to an issue with its android product, but some were skeptical. we dove into it all with cory johnson and bloomberg intelligence. cory: fundamentally for this company come of this process, to grow, it will have to be a better business. it is priced as if a lot of things will work. when i looked through the filings, statements, one of the rapidt issues was this decline in user growth. we discussed it a little bit. they have acquired a lot of users, rabid users. base isn't the user actually huge yet. it is half of twitter, fraction of facebook, but may be more importantly, the growth has slowed down dramatically. they had only 5 million users i

bloomberg markets. ♪ vonnie: we will take you from new york to london this hour to cover stories. re are the top stories we're following on bloomberg and around the world. we have got perspective on what projections the fed may make, apparently a cornerstone macro and -- of jpmorgan. in markets, on oil, due at the bottom of the hour. weekly inventory numbers reported. will falln stockpiles and that has oils rebounding today. u.s. politics, president trump hits the road today to meet with executives and union representatives. what is the goal of his auto agenda? it is the fed day in the u.s. trading day little quiet. julie hyman is here to tell us more. julie: i was glancing at volume on the bloomberg, 18% below the 20 day average for the s&p 500. it looks like some investors are sitting on their hands awaiting the is from the fed, both decision and of course the commentary from the fed. let's look elsewhere for some movement today. in the airlines, we continue to see them drop. they are not all dropping. they are mixed today and have been dropping because of weather-related issues

bloomberg technology". next week, we speak with the ceo of oneweb to discusses the merger. tune in each day at 5:00 p.m. in newfrancisco. remember all episodes of bloomberg technology are live streaming on twitter. check us out at @bloombergtechtv weekdays.+++ ♪ erik: coming up, the stories that shaped the weekend business around the world. decisions, decisions. the world was on watch for surprises as central banks made interest rate decisions. a we learned janet yellen is perpetual dove. erik: britain takes another stride towards brexit. populism on pause while the u.s. comes down hard on hackers. bruising battles rage on capitol hill. >> this to me is a very shortsighted budget. >> our president said from day one on the campaign, and i'm not ri

this is bloomberg. ♪ . ♪ live from the world headquarters in new york and london. nie quinn. mark: i am mark barton and this is bloomberg martins on bloomberg television. that get the first word news. >> in asia, the impeachment of the south korean president opens the door for a reset and the relationship with north korea and china. it set the stage for elections in 60 days with the leading candidate to replace has a softer touch with the north korean leader and they may rethink the deployment of an antimissile system that china opposes. malaysian police have identified kim jung-nam as the they come in and attack. two women smeared a nerve agent on his face and many speculate north korea orchestrated the killing. the british economy may be losing momentum as manufacturing and building shrank in january, factory outlets down almost 1%, building companies cut output ordinance of 1%. it'll evidence of a dramatic slowdown. -- little evidence of a dramatic slowdown. native americans in the u.s. and others opposed to the dakota access pipeline demonstrating in washington

bloomberg real yields." jonathan ferro anchors. every friday, noon new york time. ave jamie dimon on tomorrow with francine lacqua 7:30 a.m. eastern. check it out. this is bloomberg. ♪ ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed internet up to 10 gigabits per second. you wouldn't pick a slow race car. then why settle for slow internet? comcast business. built for speed. built for business. vonnie: a sunny day out there in midtown manhattan. i'm vonnie quinn. this is "bloomberg markets." let's get the headlines on the first word news. mark: president trump met today with steve jobs. president was expected to discuss immigration and education with jobs. his fortune is valued at $18 billion. he has created a foundation that supports immigration from education and incremental reform. -- and by mental reform. thes comey said cybersecurity fight could be compared to the fight agai

bloomberg technology". next week, we speak week the ceo of oneweb discusses their merger. tune in each day at 5:00 p.m. in newp.m. in san francisco. remember, all episodes of bloomberg technology are live streaming on twitter. check us out at @bloombergtechtv weekdays. that is all for now. this is bloomberg. ♪ ♪ david: your last name is krzyzewski. it took me a while to learn how to pronounce it. after three years, you had a losing record. mike: a lot of people were calling for my firing. david: you won the national championship. mike: i said we were going to win. i don't know if i really believe that. we ended up winning one of the greatest games in the history of college basketball. david: last year, you won your third gold medal. mike: to have the national anthem being played, there is nothing better than that. david: what are the most important lessons of leadership? mike: at west point, i learned that failure is not a destination. >> would you fix your tie, please? david: well, people wouldn't

this is bloomberg. ♪ york.11:00 a.m. in new midnight in hong kong. i am mark. onnie quinn. this is the european close on "bloomberg markets." mark: we are going to take you from new york to london in the next hour. we are covering a story out of washington and paris. here are the top stories today from around the world. philip hammond delivers the government's budget. with.k. growth forecast . vonnie: u.s. treasuries are sliding for an eighth consecutive day. will the federal a trigger on a rate hike next week? we look at how far they could tumble. bracing for the french elections. a ceo calls 2017 the year of transition. mark: we wi

bloomberg markets." ♪ we are going to london in the next hour covering stories out of kuwait, frank for, and new orleanshere are the top stories we are following on the bloomberg and around the world. about president trump's .bility to enact his agenda that where you kidding investors across all markets. in politics, the fallout of president trump and house republicans over failure to pass the health care bill. nexte tax reform bill doomed to the same fate? colombia is on track for its worst month since july. the rising giant has faced opec production cuts that continue to hold. mark: let's have a look at where european equities are trading with just 30 minutes until the end of the session close. iceland is up and greece is up. portugal is up along with -- portugal is up. much of the major markets are lower. frank, sterling, euro are all up today against the dollar which is about to give up all of it gains posed trump election. declined ong yields the ten-year path of the curve in the core european bond market. commodities are lower today. you some shows here. biggest insurer is lower today. it could le

vonnie: in new york, i am a vonnie quinn. you are watching "bloombergk: we will take you from new york to london in the next hour plus covering stories at washington, sir, and amsterdam. here other top stories we are following on the bloomberg today and around the world. policy is dominating much of the market. a new push to start its independence may start the triggering of article 50. the dollar is headed for a slowdown. we will discuss whether a warning sign from the 16th century may indicate tough times ahead for the greenback. if united states, the congressional budget office is expected to start marking up the gop plan to replace the affordable care act. we would hear from former cbo director. let's have a check on trading now in the u.s. we want to get over to julie hyman who has the latest. e: looking at what is going on with u.s. stocks, we have sideways movement here given that we haven't central-bank meetings this week. -- we have central-bank meetings this week. the bias is a little bit to the downside as we have the dow off 38/ . if you loo

barcelona and bring you our interview with the federal communications commission's new chairman ajit pai. this is bloombergcaroline: now to barcelona, where we reported live this week from the annual mobile world congress. it was not just tech leaders. regulators were there, too. including the federal communications commission's new chairman ajit pai. we caught up with him and asked for an update on the at&t-time warner deal. >> it is limited to these particular affects, and, as i understand it, the parties have structured the transaction so it will not come before us. that is the reason why i said what i said yesterday. >> give us what the market life actually, therefore, is. the market is already expecting it. the index is up. are we going to see more m&a in 2017? will you allow that to go through? >> this is a decision for the private sector to make. my job is rather humble and frankly a boring one which is to review the papers put before me, and take a look at the facts, and make a decision based on the law and precedents long-established. can't talk in the abstract about transactions. >> we spoke with

global news, 24 hours a day, powered by over 2600 journalists and analysts in more than 120 countries. is bloombergcheck now on how markets across the asia-pacific have been trading today. here's juliette saly. >> deborah, we have japan on holiday today. you are seeing weakness in the new zealand session, it closed down 1.4%. singapore underwater. there has been a pickup coming through on the hang seng, with coal stocks very much lifted by that big gain through in chinois. australia closing lower. you're seeing a lot of buying coming through into the emerging-market assets, the malaysian ringgit up, won also rising against the dollar. bonds back in favor, yields on the singapore and new zealand following after we saw quite some significant gains. on friday copper is coming off, halting its six-day rally. then if you look at the regional index, it's pretty flat at the moment. health care stocks are bid, healt, rebound coming through. you are seeing weakness coming that,h from the back of with copper leading industrial metals. certainly a mixed picture to start the new trading week. we will be live f

. >> reporter: this video obtained by bloomberg news shows uber ceo travis kalanick swaying to the music in the back seat of an uber black car, but at the end of the ride, he also gets an earful from the driver, identified as fawzi kamel. >> reporter: kamel tells kalanick drastic cuts in uber rates hurt him financially. >> reporter: in a memo to uber employees last night, kalanick apologized, writing -- "it's clear this video is a reflection of me. i must fundamentally change as a leader and grow up. this is the first time i've been willing to admit that i need leadership help and i intend to get it." lately, the company that made it possible to catch a cab using an app can't seem to catch a break. last week a lawsuit was filed alleging uber stole trade secrets for the development of its self-driving cars, which uber denies. and uber recently launched an internal investigation after an ex-employee leveled allegations of sexual harassment. we asked uber for an interview and they declined. i did take three uber rides in san francisco today, all three drivers well aware of the company's pro

this is bloomberg. ♪ mark: live from london and new york, i'm mark barton. quinn and this is bloomberg markets. a postelection cybercrime wave is hitting the u.s.. -- hitting the u.s. russian hackers are allegedly targeting progressive groups, searching through emails and asking for hush money. the reporter who broke this story joins us now. it's like something out of a trashy airport crime novel -- russian hackers trying to extract hush money out of progressive groups that we are not actually sure these are official russian hackers. what's the latest about what we do actually know? mike: this is like something out of a crime novel, though what happened after the 2016 election, i don't think anything should be surprising. ofknow they are likely russian origin because of the tools they are using and the methods. or some indication there might be some crossover with the state sponsored groups that did the hacking during the 2016 election, that there is no hard evidence the russian government is behind this. it could be if you are russian hackers, you are takin

this is bloomberg. ♪ ♪ julie: from new york, i am julie hyman. mark: i am mark barton. an close on "bloomberg markets." julie: progress credit suisse has made has given the company enough breathing room to consider alternative capital requirements. that is according to their ceo tidjane thiam. he sat down in hong kong with us. we started by asking about what the brexit trigger means for the financial industry. >> it is a very large issue. we have time to think about it. release, our presence in london is quite large. we are engaged in significant restructuring. we also have quite a few centers in europe. we are investing in a new center in dublin. we also have a firm in luxembourg. howave options depending on brexit plays out. banks have seen the other -- they have started contingency plans. they are moving jobs to other european cities. when you think credit suisse well? peoplear ago we had 9200 in london. we have taken it down to about 6000. we have done a massive restructuring in 2016. we seek to get below 5000. we are affected by brexit. >> is there something else yo

this is bloomberg. global news4 hours a day powered by more than 2600 journalists and analysts in more than 120 countries -- ♪ matt: come back to a little bit of rain. overcast but it is early. let's get look at some of the stocks. h&m.ing of picking up, coming up with first-quarter earnings that beat analyst estimates. the retailer's getting ready to open a new brand in london. soon you will be able to go to our cat -- h&m is a big hit with the kids. down 13%. the stock coming from a low point and maybe this earnings beat and new brand will help boost it. talk a little bit about what is happening in terms of the way the market goes. a lot of stocks out of london. can put a lot of names up on the screen for you. there are 17 stocks on the stoxx 600. that is a fact you needed to pay attention to. stocks may be on the downside. it could be a confusing picture when it comes to the individual names is morning. the next group i want to talk about is what is going on. a little earlier on, up by .1-.3%. one the market exp

this is bloomberg. ♪ . in new york,m. ng kong, 30 minutes left in the trading day in europe. i am mark barton. andie: i am vonnie quinn this is the european close on bloomberg markets. ♪ mark: taking you from new york to london and a couple of stories out of toronto, washington, and amsterdam. big top stories on the bloomberg and from around the world. , falling to aing seven-week low against the dollar, this is the house of lords takes up the final debate on the brexit bill. will they try and type theresa ties and that tie -- theresa may's hand. vonnie: republicans to replace the affordable care act but already some republicans speaking out, we will hear from rand paul who insist the plan will not pass. with president trump diamondback

news saga the fake continues. it is now google snippets under fire. we will explain. this is bloomberg: the fake news saga continues. featuredder fire as snippets appear to be flawed. it comes when it continues to attempt to expand. does the tech giant need to do a crackdown on the problem? joining us from california, danny sullivan. thank you for joining us. we saw this in gulf facebook. they were scrutinized for fake news around the election. google? this compare to >> it is different in that you do not get the viral component to it, something that will quickly spread across google in the way it will facebook. it still has important repercussions because you have people who will turn to google to understand if something is true. if they search and get an answer that tells them yes republicans are nazis, so might come away with preconceptions reinforced. caroline: they really are quite shocking some of the false answers they shine a light on. to all ofing element this is barack obama being claimed to be the king of the united states. that is not as worrying but it elementslve extreme

the view coming from bloomberg news.overage throughout the day including an interview with the lead investor. p.m.is coming up at 7:30 u.k. time. let us get to our stock movers with nejra cehic. nejra: one of the biggest movers at the moment is melrose, up 14% right now. the stock has risen the most since august last year. numbers, analysts calling them a blowout. it started the process of looking for its next acquisition. and then, lafargeholcim, a beat. it struck an optimistic tone and said demand is expected to grow this year and it is expecting double-digit like for like growth and a key measure of profit this year. also on track for 2018 targets and pay plans to pay a dividend a share.ancs the ceo told this program earlier he expects in the structure to be a driver for u.s. growth. the u.s. market is on the upswing for the next four or five years. residential, commercial, and infrastructure, as you mentioned. we would expect to see sustained, good growth in the u.s. for the next four or five years, in part driven by

from new york, this is bloomberg. ♪ mark: i'm mark crumpton, it's time for first word news.t trump said the republican health care bill is a good bill, and he supports its passage. the president said the affordable care law has to be repealed. president trump: i'm proud to support the replacement clan released by the house of representatives and encouraged by members of both parties. i think really that we are going to ask something that's going to be much more understood and much more popular than people can even imagine. mark: the president also said he has seen support from "everybody" for the plan. airports estimate they need almost $100 billion for capital improvements the next five years and they can only find half of that on their own. that's according to a group representing commercial airport owners. british prime minister theresa may suffered a fresh blow to her plan to trigger the start of brexit talks after of brass lawmakers today demanded the power to reject the final deal she reaches with the european union. 268 house of lords voted 366- in favor of changing t

new york. jon: bloomberg matt miller. ou are watching bloomberg. ♪ jon: the trumpet ministration lays out a skinny budget with some fat cuts to the state department and new resources to fund defense. the fed delivers a much anticipated rate hike. chair yellen's trigger finger might be getting itchy and tech support. the nasdaq posts record highs. why they might not mean lower returns in tech stocks. good morning to our viewers worldwide. i am jonathan ferro alongside david westin and alix steel. the markets on wall street, a rate hike. the hawkish expectations were not delivered yesterday by chair yellen. up one third of in europe, all-time highs on the ftse 100. the dax is high, as well. morning,e higher this by four basis points, 2.50%. dissent at the bank of england pushes sterling higher. check tohe cross asset let's get to movers now. alix: oracle up 7% in the premarket. earnings were better by seven cents. it raised its dividend by 27%. it is getting upgrades this morning, jpmorgan the latest. 2018arnings guidance fo

our thanks to erik schatzker of bloomberg news. right now the u.k. rs are debating the right of eu nationals to stay in the u.k., a result that would complicate 'theresa may's brexit timetable. mark: 11:00 a.m. in new york, 4:00 p.m. in london, midnight in hong kong. 30 minutes left in the trading day in europe. i am mark. vonnie: in new york, i'm vonnie quinn. this is the european close on "bloomberg markets." ♪ mark: we are going to take you from new york to london in the next hour. plus, we are covering stories from washington and paris. here are the top stories we are following on bloomberg and around the world. risk-on in europe today, stoxx 600 having its best in more than a month with u.s. stocks hitting record highs. the dow smashing through 21,000. .onnie: the united states, president trump gives his vision to congress and the nation. one key question, when will he start translating words into results? as the president noted in his speech last night, billions and wealth have been added to markets since his election. we will tell you which bil

global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i mark crumpton, this is bloomberg breaking news crossing the bloomberg. we are following what's going on with deutsche bank. deutsche bank and chinese investors are set to back a stock sale proposed a few days ago. qutar and china are set to back a sale for shares, the u.s. listed shares. of 7/10 of 1% on the day. looking ahead to the rest of the day, in washington here is what we are watching out for. the white house press briefing scheduled to begin any minute. you can see the white house briefing room. we will update you on any updates that come out of the daily briefing. presidentm. eastern, trump is meeting with commerce and elijah cummings. 5:00 he is meeting with conservative leaders about the health care plan that gop laers on capitol hill put forward. after president trump sciences first travel ban, washington state spoke out against the executive order. governor jay inslee is calling the revised travel ban a "substantial retreat." he went on to say "this new order maintains the president's mean-spirited appr

from new york, this is bloomberg. ♪ mark: time for first word news this afternoon.y general jeff sessions asked 46 u.s. attorneys to resign. they were the last remaining attorneys appointed by president obama. in an emailed statement by the justice department, attorney general sessions said he was eking a "uniform transition inside the doj." mexico is performing a faster track for revising nafta than the u.s. has suggested. he hopes formal talks will begin midyear and wrap up by this ember. sanse u.s. insists imposing -- insists on imposing tariffs. the dakota access pipeline protesters are demonstrating in washington. a federal judge refused to halt construction. oil may start flowing through it next week. ae pipeline would pass under reservoir that provides water to native american reservations. of the, the impeachment

from new york, this is bloomberg. ♪ julie: house speaker paul ryan. eing mccarthy and other gop leaders speaking at a news conference in washington. ryan said republicans are or thatd to tax reform they are united around their agenda. we will bring you any pertinent headlines. mark: let's go to events in south africa with the rand tumbling against the dollar after president zuma told senior leaders of the south african communist party that he plans to fire the finance minister. joining us from johannesburg, thank you for joining us. gordon'sn up -- are days numbered as south africa's finance minister? >> that is the question of the day. ist we know after meeting that he confirmed that he is still the finance minister. had resigned he following reports on social media stating he may had resigned, he said he had not resigned and remains the finance minister. how long that will be for, remains to be seen. mark: what about the clash from the president and his finance minister. there has been animosity for months? >> there has been animosity for years. espe

check like bloomberg news us out on the radio. n hear is on the radio plus app, light stations in .d.c., new york and boston and the bay area and xm siruius 119. this is bloomberg. ♪ >> i have the latest first word news. has risen toity its highest level since 2012. 50 1.8, slightly above the consensus estimate, which was itself an improvement over february's mark. they're gathering momentum in the chinese economy. higherpmi also rising, than expected at 25.1. former south korean president has been arrested on suspicion of corruption. prosecutors argued there was concerns park might destroy evidence. investigators claimed that she pressured big business to pay millions of dollars to a friend in exchange for government favors. park was taken to a detention center where her friend, choi soon-sil, and jay y. lee are being shared. malaysia has released the body of kim jong-nam back to north korea in return for nine of its citizens being held in pyongyang. kim jong-nam was murdered more than one month ago at an airport. two women are ex

we'll talk about t this is bloomberg. in new york, 12:00 p.m. co, i'm oliver renick. 7 and i'm's -- scarlet: and i'm scarlet fu. welcome to "bloomberg markets ♪." ♪ >> we are live from bloomberg world headquarters in new york for the next hour. we will be covering stories from san francisco, washington, and london. euro the top stories we're following. u.s. stocks and the dollar trading and tight ranges as investors anticipate crucial central bank meetings this week. there's a mixed picture just one hour from the close, volumes also low ahead of this so-called blizzard. president trump us $1 billion infrastructure plan is still in its early stages, but some firms stand to benefit greatly if it comes to fruition. we will be talking to some of the biggest players. intel purchasing an israeli company for $15 billion. will it help it in success? and a burgeoning market for self driving cars? we would hear from the intel ceo. just one hour away from the close of trading, let's get a check on the markets. oliver: are you -- julie: are you a blizzard sk

bloomberg news markets reporr. ng up, corporate email traffic is moving to chat, and microsoft once in.-- wants in. this is bloomberg. ♪ caroline: microsoft is officially joining the chat world. on tuesday, the company rolled out the work pause collaboration -- workplace collaboration software. it is now widely available in 181 markets, and already has 50,000 office 365 customers trying it. microsoft is counting on integration to challenge the likes of slack and google hangouts for big, corporate customers. joining us from washington's brian good, the general manager of microsoft office 365. you are senior develop -- director of modern collaboration. talk to me about the collaboration i can do that using team. wewe are excited about what introduced. it is a test phase workspace in office 365, and it brings together the people, content, conversations teams need to get work done. we are excited about it. organizations already using it, can you give us numbers? where internationally is it being rolled out? >> great que

"bloomberg markets" is up next. from new ♪ vonnie: it is 10:00 a.m. in new york and 3:00 p.m. in london. from new york, i am vonnie quinn. mark: i am mark barton. welcome to "bloomberg markets." ♪ vonnie: we will take you from new york to london in the next hour. stories out of washington, d.c. and paris. here are the top stories we are following on the bloomberg. dow, start out of the 21,000, as in u.s. stocks surged to new highs. optimism about the trump agenda helping to lift financials and industrials. how can president trump start to implement his agenda following last night address? is there suddenly any reason for the fed not to hike this month? , awill ask austan goolsbee professor of the chicago booth school. europe, francois hollande plans to stay in the race. after facing charges for

this is bloomberg. ♪ vonnie: in new york, i vonnie quinn . i mark barton and this is "bloomberg markets." i want to focus on data showing inflation more than forecast in february, breaking through the ceiling, the bank of england's target. joining me now is u.k. economist dan hansen. headline inflation, core above 2%.both at how high does ago go and how eob be?should that you'll be dan: pretty worried. we don't see inflation going until mid-2019. at the moment, this appears to be driven all by the drop in the pound. there is externally driven inflation and over the medium-term that should wash out with a year-over-year figures. domestically generated inflation appears to be muted still. that gives the bank space to keep their current policy discretion. mark: there is one member from last week who stands out. we talked about it last week. does this give ammunition to those others who seemed to be just a pace behind kristin forbes and voting for hike? dan: mccafferty for example might look at this. in this print, there was a bit for the hawks a

interviews, finding breaking news and functionality discussed on the program. this is bloomberg>> it's 2:00 p.m. in new york. 11:00 a.m. in san francisco. and 6:00 p.m. in london. >> welcome to bloomberg markets. [captioning made possible by bloomberg television] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> live in bloomberg headquarters in new york over the next hour. plus covering stories out of san francisco, beijing, and paris. here are the top stories. we start with commodities. the northeast is bracing for a serious storm. we'll discuss what it will mean for natural gas. focusing in on what could be the next big short. the american mall. it's been struggling for years. we'll explain why some think the industry could soon face huge default. it's the start after very big week for central banks. key decisions from the fed. the bank of england and japan. will any pull off a surprise? u.s. markets clessing two hours' time. a check on where stocks are trading with julie highman. a litt