questions about carlos ghosn, legacy and changes in management and changes to the macroenvironment >> you make a good point i would say almost 100% of the problems we are seeing at both renault and nissan are homemade and come from the lack of focus and leadership in probably the most important time for the industry we see other companies, if you take peugeut operating and others companies that have their eye on the ball, that operate and focus do really well others that don't, face huge risks. that's what it is all about. it is leadership and focus and that needs to be fixed at both nissan and renault >> we are seeing that in the earnings i'll leave it there. thank you for taking the time to meet with us >> moving to other company earnings uniper now expecting full year e bit up to 950 million euros and could also increase its dividend proposal let's get to sascha for more looking at a different outlook than the second quarter. can you give us context as to why your out look is positive? >> i think we need to differentiate a little bit when we look at the actual numbers at nine month

especially in the united states and next week it will be exactly a year since that shocker rest of carlos ghosnd chairman of nissan when he landed at canada airport. since he has been charged, appeared in court and he is still waiting trial on allegations of financial misconduct. all the charges he has repeatedly denied. the following his first arrest, nissan shells —— shares fell off the cliff and they have now fallen even further because the company's earnings have lunch and it has announced a cut of tens of thousands ofjobs. ghosn was replaced by this man who has recently announced his resignation and the new boss starts on december one. many challenges for the new boss. and you will be watching those results when they come out later today. thank you. before we go, a quick look at the markets. asian markets are flat. the hong kong market hasjust markets. asian markets are flat. the hong kong market has just opened higher after the falls yesterday. it fell after the unrest and increased violence in hong kong. and that is it for this edition. thank you for watching. this is bbc news. the top s

it is hard to believe that next week it will mark exactly one year since that shock arrest of carlos ghosnred in court and is awaiting trial on charges of financial misconduct. he has repeatedly denied all of these charges. if you take a look at this graphic, shortly after carlos ghosn‘s arrest, nissan shares fell offa ghosn‘s arrest, nissan shares fell off a cliff, and that is where they are now. if you take a look at this, you will see they plummeted even further. that is down 30% because of the company‘s earnings. they have just tumbled. it has announced possibly tens of thousands of job cuts. mr ghosn was replaced, but his successof cuts. mr ghosn was replaced, but his successor has announced his resignation over misconduct, so the new guy in charge is due to start december. there are a lot of challenges facing the new boss. it is more than a year since a devastating outbreak of swine fever first struck in china, home to half of the world‘s pigs. the world organisation for animal health has warned that 50% of the herd there could be wiped out. 0ur china correspondent went to meet with

the head of a software company, the ceo of a luxury group, and a whoer ceo, carlos ghosn, was arrestedast november on charges of financial m miscondu. not linkedckages are to anything. they live in a bubble. they are disconnected from reality. >> disconnected because the gap between what they earn and whaht their employees earn has widened. earnsns 99% times more than the average of his employees salaries. paid bosseshe best have seen pay increase although the companies they manage have not been doing well. the fourth biggest earner, the president and director general of technique fmc has received a thepay hike in 2018 while company has lost 1.7 billion euros. the leaders of france's top 80 companies not listed have seen their earningss fall l by 4% in 2018. group german airline lufthansa is cutting up to 800 jobs from their airlines. hundreds of flights have been canceled today and tomorrow because of a strike by cabin crew over pay and conditions. commerzbank would earn less profit this year than 2018 posting an increase in the third quarter. they sayay the business has been hurt by

>> lawyers for collared scone are charging for legal charges against him to be -- lawyers for carlos ghosnre charred -- are calling for legal charges against him to be dismissed. has allegations of financial misconduct while leading neeson. contactingdden from his wife or using the internet unsupervised. his lawyers called for t the charges to be dropped as they accused prosecutors and exexecutives of illegagal misconduct. >> we believe our call for the dismisissal is fair and it shoud be granted. illegalors carrrried out investigations in n this c cased th havave persecuted our client. has released the latest detaiails. the plan forlilished itits ipo. they did acknoededge aost t of ririsks facing the most profitae country. considered the ground hold. the most profitable company. the state will sell a piece of it away. company's value ranges from 1.2 to 1.5 trillion dollars, this could be the largest ipo in history. financial to get investors from all over the world. one of the reasons we want to do this is to be in n line with the vision 2030 from years ago. is mohammad bin salman's attem

and le figaro is marking one year since the arrest of former nissan and renault boss carlos ghosn.arges of financial misconduct and his fight with the japanese judicial system. that brings you up—to—date with some of the papers. now, what stories are sparking discussions online? there is actually a tweet from will.i.am. the musician has accused a qantas flight attendant of being racist towards him during a flight from brisbane to sydney. the frontman for the band, the black eyed peas, tweeted that he was singled out when he missed an announcement on the plane to put his laptop away. qantas has denied the allegation that the incident had anything to do with race. a lot of interest in that on social media. back to our top story, and as the ongoing protests in hong kong. we are joined ongoing protests in hong kong. we arejoined from our ongoing protests in hong kong. we are joined from our bureau ongoing protests in hong kong. we arejoined from our bureau by our reporter, andrew. we were talking to you earlier on the asia business report programme about the extent of these protests, a

and le figaro is marking one year since the arrest of former nissan and renaut boss carlos ghosn.ooking ahead to his trial on charges of financial misconduct and his fight with the japanese judicial system. that brings you up—to—date with some of the papers. thank you. the burning of coal is a huge driver of climate change, producing around 40% of global carbon dioxide emissions. but it's also estimated that coal mining employs six million people worldwide. so it stands to reason that helping miners find alternative livelihoods will also help protect our climate. it's called a just transition, and one woman has been leading efforts to have it adopted worldwide. for our series climate defenders, ahead of a major un conference on global warming, maryam moshiri went to meet her in northern spain. the sun is setting on spain's coal mining industry. foryears, the sun is setting on spain's coal mining industry. for years, the industry has been economically unviable, and now the demands of climate change are finishing it off altogether. but, as one door closes, could more open? sharon bo

their relationship has been under strain since the arrest of the former boss carlos ghosn.ancial moisconduct but denies any wrongdoing. us investment bank morgan stanley has fired or placed on leave at least four traders for allegedly hiding losses of between 100 and $140 million — according to bloomberg. the bank has refused to comment on the report, which says the investigation relates to trading of emerging market currencies in london and new york the chinese telecoms giant huawei is set to take on the us once again over the latest restrictions to be imposed on its business in the country. washington has been cracking down on the company over concerns it might help the chinese government to spy — something which huawei has always denied. 0ur asia business correspondent karishma vaswani is in singapore this is all according to a report in the wall streetjournal, this is all according to a report in the wall street journal, while this is all according to a report in the wall streetjournal, while by according to the journal is getting ready for another big fight with united

still struggling to get struggling to get back on track a year after the arrest of former chairman carlos ghosnpanese automaker missed its sales forecast for the full year and withdrew its dividend outlook, a blow to top shareholder renault. that is your latest bloomberg business flash. guy. guy: we are nearly done with the european session. this is what it looks like. spot the eyed one out -- the odd one out. the ibex down in madrid as we between the democrats and the socialists. the european close is next. this is bloomberg. ♪ guy: let's take a look at where european markets are. it you can see italy is outperforming the spain, which is underperforming it. with start off recently volume low today. it was quite low yesterday. we have climbed the wall of worry a little bit as we await the president's speech. that will be 6:00 on the continent. let's take a look at what is going on. there is an obvious market today, which is spanning out. it is the madrid market trading down by 0.7%. is -- it isnt tracking lower as they put a socialist coalition forming. there is no desire for another election.

latest period and lowered the out look as they continued to struggle following the oust of chairman carlos ghosn one thing is clear we are keeping a close eye on president trump's comments later today from new york on what may come next >> this is not a soybean market but much more. on deck, steve sedgwick at the oil conference in abu dhabi. steve is ahead today's big number $96.7 billion. the total value of venture capital deals through the first three quarters this year volume near all-time high. we're back right after this. whether your beauty routine is 3 steps... or 57, make nature's bounty hair skin and nails step one. it's the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. nature's bounty, because you're better off healthy. it nice?ce. this is the most-awarded minivan three years in a row. the van just talked. sales guy, give 'em the employee price, then gimme your foot. hands-free sliding doors, stow 'n go seats, man, y'all getting a hook up and y'all don't even work here. pacificaaaaa! introducing a razor that works differently. the gillette skingua

the cut -- chairman carlos ghosn. the owner of jaguar land rover is looking for strategic partners.berg has learned tata group has approached carmakers. india's largest conglomerate wants to save on costs and talks are still in the early stages. that is your bloomberg businessflash. i'm also looking at tesla. bloomberg asked 5000 tesla owners, what is it like to drive elon musk's electric car? here are some of the cool things we found. a car reallyee is for millennials and gen x, so most of the owners were between 30 and 50 with above average incomes, and almost 95% were male. what car did the buyers give up for a tesla? this i found super interesting. toyota prius was number one, followed closely by bmw series three, and the beemer was only er was and the beam the only one within the model three price range. when you measure luxury cars traded in for model threes, bmw proved to be a lot more vulnerable. part of that is ev's are really for a certain type of income in dividual. some bought it for elon musk, some didn't. invescop, rob waldner, fixed income chief fixed income strategis

nissan is struggling to get back therack almost a year after arrest of carlos ghosn.ales forecast for the current fiscal year and withdrew its dividend outlook. the company is undecided on a payout. is looking forer strategic partners. they have approached carmakers india'sg bmw and china, largest conglomerate wants to share the burden of investing in electric vehicles. talks are still at an early stage. that is the bloomberg business flash. tom: janet henry of hsbc is with us. let's open the discussion on the uncertainty. this is this green that i use on the fed show every fed meeting. go on bloomberg go. 2, three, very british-like over here. what does the dissent signal if the united -- dissent signal of the united states? janet: every central bank has a divergence of opinion in the fed has been no exception. you have had some not wanting to cut rates at all, some wanting to cut rates more aggressively. in the last meeting you had no one wanting to cut rates more aggressively, but still had not wanting to cut rates at all. broadly there seems to be a general consen

results — as the japanese automaker tries to recover from a scandal surrounding ousted chairman carlos ghosnconsider renting a tree that‘s then re—planted, not send cards, re—use decorations.