continues with bps bob dudley stepping down.of the moves we have seen this week aired that's next. this is bloomberg. ♪ anna: welcome back to the european open. 53 minutes into the trading day and european equity markets are up by about a quarter of 1%. u.s. futures dewpoint downwards. ofs week has seen something a reshuffle in top european companies this morning, bp announced that bob dudley will be retiring in march. he will be succeeded by the upstream ceo. a spy scandal rocked the swiss banking world and saw the coo resigned on tuesday. in the retail world, we learned that they've lewis is stepping down and the imperial brand the ceo is also leaving after nine years. -- bank is saying goodbye to its founder sooner than expected. and finally met the founder and vice chair at standard life aberdeen is retiring in after decades with the asset management business he helped to found. so a busy week. matt: a busy week for the labor market. at the very top. let's talk about the broader market in the u.s.. joining us is our mliv fx

i'll dudley will leave in february. by the head of the upstream division, bernard looney. dudley has been with b.p. for 40 years. he took over as ceo in 2010 after the deepwater horizon catastrophe in the gulf of mexico. that cost the company billions in penalties and composition following fatalities. is offering new financial perks and faster career advancement. the airline figures almost half of its pilots will retire over the next decade. it needs to recruit about 10,000 to make up for that. sale for aual fire beverly hills property that is bigger than disneyland. the site that was owned by the late soft cofounder paul allen is back on the market. slashed froms been $150 billion -- from 150 million dollars to just one under $10 million. just on hundred $10 million. coming up, we are speaking with unicredit group's chief economist erik nielsen as we count down to the european close. markets wise, we are just zero point what -- we are up just 0.5% on the indices. in terms of stocks on the move, we have some of the ener

did you bring dudley? >> i did not. >> okay. shannon has been collecting trash for about five years. at about three days per week and four to five bags each way, we estimated she has collected something on the order of 7,800 bags of trash. after years of contributing and what seems like a small -- in a small way, her work has contributed to something much greater for our city. originally from fort worth, texas, she moved to san francisco with her husband eight years ago. after visiting a number of times , they finally moved because they realized they had fallen in love with the city. for work, she leads a customer service team. outside of work, she practices yoga, i need to do more of that, mental note here. she runs marathons and spends time with her husband and friends. she also volunteers with her dog dudley as an animal assisted therapy team member through the spca. together she and dudley visit retirement homes and hospitals to offer patients an opportunity to get some puppy love. more than ever, shannon is proud to call sa

annmarie hordern joining us with bill dudley for -- with bob dudley from bp. with jonathan ferro. a relief rally in markets. relief markets holding onto the highs of the session after yesterday's brutal selloff. the potential when is if we wind up seeing china by more agricultural products. they say they will do that if the u.s. winds up taking off the tariffs in october 15 and december they have threatened to put on. that is the dynamic playing out as we headed to talks for u.s.-china over the next 24 hours. in other asset classes, not a lot of movement selling in the u.k. and the bond market, that has eased off. the dollar turning weaker in the g10 space and you see crews bouncing along with risk on feel as bob dudley winds up stepping down after just a few months as ceo of bp. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, market whiplash. headlines caught between increasing u.s. china trade tension. chinese officials still hope they can p

louise dudley, twos, tens --sarah hewin thank you for joining us.couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. call, click, or visit a store today. matt: let's get your top headlines at the bloomberg terminal. boris johnson's budget deal will be tested by u.k. lawmakers. the prime minister proposes a three-day schedule for the vote you leaders say they are still consulting on an extension. as well as management assets reach a record high with rich clients adding $16 billion in the quarter. ermotti strikes an upbeat tone after the results. >> it is still challenging market conditions, but i am glad we were able to bring a solid performance in this difficult context.

bob dudley steps down., good afternoon if you are watching from asia, this is bloomberg surveillance, i am francine lacqua. >> good morning. i want to start with the chipmakers. apple. they are said to have told her chipmakers they are increasing production by as much as 10% for the new iphone. cook talking to a local french newspaper about a growth in the smartphone. a lot of positive news for the tech giant. bp up more than .5%. bob dudley will resign. there is a new ceo in place. the market seems to like the new choice. thant line insurance more -- down more than 2.5%. authority is saying competition is not working for consumers in motor and home insurance. trump onceresident again called on ukraine's president to reopen an investigation into joe biden and called for china to do the same. >> china should start an investigation into the bidens. what happened to china is just about as bad as what happened with ukraine. francine: this after the house of representatives began an inquiry into impeaching trump

this just in, bp's chief executive bob dudley is retiring.e replaced by the oil giant chief bernard rooney. he is capping a 40 year career with bp. than nine of those as ceo. he will retire on march 31. and in the u.s., president trump says xi jinping should investigate the bidens, the remarks coming after he reiterated his call for -- trump says the bidens'conduct in china was just as bad as in ukraine but offered no evidence. biden's campaign dismissed the remarks. kong, the government is set to ban facemasks for protesters. it is a bid to quell months of violent unrest but the move is part controversial because it invokes emergency rules for the first time since the city was under british rule. local media say the ruling will come into force after a special meeting of executive council later today. 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. matt: thank you very much. rate cuts.another india's central bank is set to reduce rate

to round off some blasts from the past as we take you through the 94 much history of the riviera dudley thanks for watching can enjoy. i. mean. i. was. thanks thanks this is the regular topic. i want to got what happens in the brain. and why are the germans taking up this cause. for a long time there was a newer version to firearms in germany but not gun sales those legal and illegal are rising. why this new increase gun. where the. gun laws. just. keep doubling. in the. she gives you a chronically ill you shouldn't work out but he showed her gums one disease heart problems back pain joint pain this one treatment a good set of and any medication insecticides. that was congress is the right to take. an in and we'll tell you. good change in 90 minutes on the w. . i mean nothing at the well i guess sometimes i am but most end up in with the 10 a day but i don't think i think into jamma culture. to pick this ground up day on the east coast it's all that they know i'm right oh joy make me think of an event eat up the post take a trip on aussie go christmas market hopping with d.w. in cologne

outgoing bp ceo bob dudley speaking to us. let's go to chicago with futures in focus.de deal, does wti crude go sub 50? >> probably. that is most likely. we are scraping off the bottom recently so when you look at the current trend, if there is more disappointment, i would expect we are going to challenge that 50 level and break 50 is there it -- if there is more disappointment to come. guy: let's talk about the fed. powell is going to be speaking and we are going to get minutes. the market is locked in. do you think that is marked in -- locked in or do you think divisions in the fed may cast a few seeds of doubt? >> there are still a few seeds of doubt. a 75% chance of a cut at the end of the month. ,ptimally, the narrative particularly the fed chair narrative is they are going to move at the end of october as well. guy: which is the most important narrative, the most important focus right now? is it the fed or trade? >> i think it is trade because trade is dictating the fed policy. hopefully we will get some positive news coming out of this meeting later this week. g

it's the last set of numbers for current boss bob dudley, who revived the company after the deep waterorizon disaster left it on its knees. —— deep water horizon. however, big challenges await his successor, with growing climate concerns leading many to question big oil's long term viability? public opinion is arguably turning against the sector. the royal shakespeare company is ending its partnership with bp at the end of the year, saying it could not ignore the "strength of feeling against the deal. meanwhile, in the us, exxonmobil is in court fighting a claim that it misleading investors about the potential costs of climate regulation to its business. and climate change is arguably already having a measurable impact on the industry. the number of big institutional investors, like pension funds, promising to get rid of their fossil fuel stocks has risen sharply in the past five years to over 1,100. joining me now to discuss this is jeanne martin, senior campaigns officer at shareaction, who lobby for what they call responsible investment. good morning. thank you for being with us on

shows the site dudley's compound in a province apparently this video purportedly shows the site where he'd been hiding out according to donald trump the terror chief led down a tunnel where he'd been hiding out according to donald trump the terror chief led down a tunnel with 3 of his children when u.s. special forces stormed the compound baghdad evil with 3 of his children when u.s. special forces stormed the compound baghdadi then reportedly detonated his suicide vest killing all 4 then reportedly detonated his suicide vest killing all 4 truck thanks for multiple phone trees into putting rollkur for them to assist in concluding right for them there are assistance in the operation rosco those car some doubts on what exactly happened. you know those car some doubts on what exactly happened. united states brought the world's number one terrorist leader to justice so did states brought the world's number one terrorist leader to justice i want to thank the nations of russia turkey syria i want to thank the nations of russia turkey. syria and iraq russia treated us great they opened up we

the british energy company saying bob dudley will leave in february. for 40 years. 2010ok over in ceo after in the deepwater -- after the deepwater catastrophe in the gulf of mexico. jolt for wework. the company telling employees job cuts will take place later this month. the company saying about 2000 jobs could be a limited. some of those cuts may be jobs and business units that may be spun off. united airlines is ramping up efforts to fill a gap in the number of pilots. united is offering new financial perks. the airline figures half its pilots will retire over the next decade. it needs to recruit 10,000 flyers to make up for that. i am viviana hurtado and that is your bloomberg business flash. the: we wanted to focus on finance industry and how women are faring. michael mckee looking at those numbers. michael: let's start by looking at the finance industry itself. in the past month we saw security dealers losing jobs. they have been the big winners. security dealers have been adding jobs when banks are cutting back. this time it was the opposite. ba

that's the view of former new york fed president bill dudley. he had penned a piece for bloomberg opinion. it's out this morning on the bloomberg. he joins us now on the phone. if i may, can i start off broad brush here and just get your assessment of what is happening here. your sense is the fed has got this. my question is, why aren't they communicating that properly? bill: i think they've got to, because they've added sufficient bank reserves to get repo rates back down. that said, there's a lot of issues that have been raised about this pressure that we saw in repo rates. people are saying we should roll back regulation on liquidity. other people are claiming this means we shouldn't move from line yor to the secure overnight lending rate some. people even called into question whether the frame work is good from the fed, where they pay interest on reserves. i think the fed could some things to clarify, no, we shouldn't roll back regulation. two, we can make it even more secure by putting in place a standing repo facility to prevent this kind

gregory barrack and terrance dudley. i'm not sure where they fit into all of this.y randomly contact me and decide they want to take me out to drinks shortly after mifsud tells me he has this information. then the australian comes a few days later. the situation i found myself in march to the beginning much, mucd -- thebeginning of may 201. for people hike clapper, brennan and comey and high-level officials at the obama white house, it looks like all these individuals were connected to the west and no russians. i guess that's what william barr went to rome to find out what was going on. trish: did the maltese professor, joseph mifsud, did he have an accent in did he speak with a russian or british accent? >> he had no russian accent. my understanding is he's italian. he's ethnically italian but was raised in malta. a very murky, shadowy player showing up in many strange places. apparently according to michael flynn's lawyer, sidney powell who just filed a very interesting motion last week, joseph mifsud was targeting michael flynn as well as we three months before h

that lesson with dudley inhalers. will hellish in ca he. can well tell you not to leave the name of the am but not actual tool to be had the bonded well had they are solidly helped with little. but can it say a one. has really been the haiti and. that's how it is will be done via the island and some this is not equal to what an hour listening. to consent from home so to say was sent. a bad effort. judd's. shattuck me can find this. on the anaconda to mine and latinos o.b.o. who it can and do and i'm i know much data feed me as he said. can it be diatom and i'm. stuck so we put together a system and took it to india and we were successful in gaining data from that 1st eclipse and we have gone to something like 14 eclipses there after i have continued to help her over this period of time she decides what she wants to study what. her science is and together we you know a collaborative effort put together and the instruments that we take to the eclipse . syrian physicists shot you have to become a truly respected dust on the mark with a global

there is our irish historian, dudley edwards, " i had discovered i had become scottish long before i arrived here." to become scottish was to enter the world of scottish imagination, to be scott is to be told that you are welcome and to make yourself at home. what is that idea of being "home"? a feeling of being safe, secure, and loved, a place where everyone's ideas and talents can thrive, a place of comfort, a home for laughter and joy, for everyone who comes here, no matter where you are from. that is the scotland we are seeking to build. friends, these are turbulent times. none of us have known anything like it, but we do have guiding lights to chart our way, our spirit, our values, our vision, our commitment to democracy, and our unshakable belief in the abilities and the wisdom of the scottish people. it is time to play scotland's future in scotland's hands. to place scotland's future in scotland's hands. (applause) to take our own decisions and chart our own course. it is time to play our part in building a biddle better world. friends, in the immortal worlds of robert burns w

dudley, her body was never found.ting junior doctors. and then once i've done that enough, i just feel such a sense of peace being here. it's a peaceful place. woolacombe bay in devon, the last place junior dr lauren phillips was ever seen. lauren was a talented musician. her car was found abandoned on the coast. i think she felt it was a privilege to be a doctor and she really wanted to do a job that could make a difference and that she could help people. for former nhs manager andrea graham, the pain of losing her daughter is ever—present. and nowhere more so than here, where she was last seen. of losing her daughter is ever—present. and nowhere more so than here, where she was last seen. but andrea is not alone in her grief. 0ne doctor every three weeks takes their own life in this country. in 2016, the year before lauren phillips disappeared, junior doctors went on strike in protest at government changes to their working hours and pay. lauren joined the picket lines and posted about her fears for the nhs. she felt

bp investors not too fussed by the resignation of its long serving chief executive bob dudley. buy it, is considering raising its offer price. and not much movement on the currency markets today. that's all the business news. the winner of the royal institute of british architect's most prestigious award, the riba stirling prize, will be announced on tuesday. there are six nominations for britain's best new building of 2019, which include a sculpture park, new council housing and a property made entirely of cork. all this week we have been taking a closer look at each of the nominated buildings. today we are looking at london bridge station — the enormous project in the heart of the capital connecting travellers all over the country and beyond. london bridge station was probably the most muddled and difficult station to get around in london. it was very overcrowded and wasn't a particularly nice environment. the brief from our client was to create a new station in the middle of the existing station by cutting through all the victorian arches to create this large concourse. the

bob dudley there. still to come, we will be joined by j.p.n's global head of corporate banking from shanghai and we will discuss the impact of trade war is having on business. this is bloomberg. ♪ shery: this is "daybreak asia." i am shery ahn in new york. paul: i am paul allen in sydney. each year, the jp morgan cfo highlights the challenges and opportunities for corporate's across the region. bloomberg television again has exclusive access to the events and stephen engle is there. ?o how is the mood stephen: we have so much to talk about. let's get right to it with our first guest this morning from the jp morgan cfo -- asia-pacific cfo treasurers forum. we have the global head of corporate banking. thank you so much for your time today. what should be foremost on investors minds as we approach 2020? lots of volatility are in the world. >> it will be -- volatility out in the world. >> low unemployment. not being able to pass on these extra costs. the margins are squeezing. high corporate debts. altogether, some weakness is there. then, you g

mr dudley has been chief executive for nine years.d ftse 100 chief this week to step down. when did you last switch to a different provider for your home or car insurance? if it's been a while, you might want to double checkjust how much your paying for your cover. that's because the city regulator found that loyal customers are often taken advantage of. and you may well be paying a lot more than you should if, for example, you just let your policy renew automatically. in fact, it's such a problem the watchdog is suggesting solutions including a ban on automatic price rises and forcing firms to move customers on to cheaper, better deals. katie martin is from citizens advice. katie, what do you think of those proposals? or would they work? we think they are ripped really bold. we welcome them. this affects millions of people every year, many of whom can least afford to be paying over the odds. we are really pleased to see these proposals. they are incredibly strong and bold but they are just proposals and it is really important to the

a jump on a report to ramp up demand for the new iphone 11 ceo of bp dudley to retire >> hong kong's leader evokes emergency matters as she battles to contain ongoing unrest. >> this morning, i call a meeting. the chief council decided to evoke the emergency ordnance to the prohibition of face covering this will come into effect tomorrow >>> a warm welcome to "street signs. let's look where things stand on the final day of trade it has been a volatile day of trading. up a third a percent and follows a choppy day yesterday for markets worldwide. global markets being supported by mounting expectations by another fed rate cut at their meeting later this month to put this move into context. yesterday, the nonmanufacturing ism number initially dropped lower and price in another fed rate cut that is continuing today in europe we are seeing gains widespread ftse 100 higher at 0.4%. the dax reopens today. factoring in the impact of the wto ruling and u.s. tariffs to come into effect lagging the broader market overall green across the board diving into the sector where the majority are in the

one of the world's most influential oil executives bob dudley recently announced he will step down from post next year. this week he spoke with annmarie hordern in london about leaving the company at a pivotal moment for the industry. environmenthis new will create a lot of opportunities for companies that adjust to it. people want an instant solution on everything. our investors want us to do a lot of different things. like other companies as well, we will be leaders in this space. we do wind and solar and biofuels. we have thousands of people working on that as part of the transition. bp has a lot of opportunities. >> what is your advice for the incoming ceo? >> he will do a great job. he will focus on the fundamentals. bring your team together which he willdo and then, and do it great, just be really dedicated to the job. bp has a great foundation around the world. balance sheets are in good shape. i am happy to pass along the baton. no drama. edition ofhe latest bloomberg television come at ceo spotlight, caroline hyde sat down with james dribbling. he leads the company that spun of

troops carried out their rings on the compound where bob dudley was heightened. the u.s. house of representatives is set to vote this week on whether to formalize the impeachment investigation into president donald trump that would lay the groundwork for public hearings and outline how to handle evidence the move is in response to complaints from trump and some republicans that the process is illegitimate thousands of people in los angeles are being forced to leave their homes to flee a fast moving brush fire burning in the west of the city a series of wildfires are burning around the state with almost 200000 people under evacuation orders and protesters have blocked roads and shops remain close in british capital after the opposition leader carlos mesa called the strike basis says the government's rig the results to prevent a runoff president ever moralists who won last week's presidential election has accused his rival of mounting a coup well those are the headlines the news on continues even al-jazeera after return of the president to stay with us. this is the presiden

gregory barrack and terrance dudley. i'm not sure where they fit into all of this.randomly contact me and decide they want to take me out to drinks shortly after mifsud tells me he has this information. then the australian comes a few days later. the situation i found myself in march to the beginning much, mucd -- thebeginning of may 201. for people hike clapper, brennan and comey and high-level officials at the obama white house, it looks like all these individuals were connected to the west and no russians. i guess that's what william barr went to rome to find out what was going on. trish: did the maltese professor, joseph mifsud, did he have an accent in did he speak with a russian or british accent? >> he had no russian accent. my understanding is he's italian. he's ethnically italian but was raised in malta. a very murky, shadowy player showing up in many strange places. apparently according to michael flynn's lawyer, sidney powell who just filed a very interesting motion last week, joseph mifsud was targeting michael flynn as well as we three months before he

that's what bill dudley thinks.x: it's a nice idea, but this is this goes unmentioned in the steve mnuchin piece as well, and people are starting to make noise about it on the street, is that debt is an issue. i know there was a piece in the "new york times" that said the debt does not matter, and people are starting to realize that deficits don't matter. but matters. i think the repo market has shown that it matters. because if you have waning interest in, you know, treasury debt abroad, and the dealers have to keep warehousing that on the balance sheet, that has to get finance in the repo market. so that's where a lot of the pressures are stemming from. you have a whole lot of collateral coming in, not enough cash on the other side to finance it, and so you're getting these distortions, and i don't think that goes away, and i think we really -- it's time to have those conversations about our massive deficit problem. vonnie: are there different regulations for european banks to the ones there for u.s. banks? alex:

he replaces bob dudley who is stepping down next year. years ago. the number of illnesses linked to vaping keeps growing. more than 1,000 people have fallen ill with a mysterious lung disease linked to e-cigarette use. the cdc hasn't been able to pinpoint a root of this. the agency report the number of vaping related deaths in the u.s. has climbed to 18. a high powered new york lawyer is going to prison for his role in the college admissions scandal. gordon kaplan receiving a one month sentence for paying $75,000 for a test proctor to fix his daughter's act score. he is the fourth parent in the scandal to be sentenced. clothing retailer barny's may have found a lifeline. the wall street journal reports a group of fashion executives is preparing a $220 million bid to take control of the bankrupt company. barney's filed for bankruptcy protection in august after the landlord of its madison avenue store nearly doubled the rent to $28 million. and mark your calendars, starting monday mcdonald's' popular mcrib sandwich make its highly anticipat

bob dudley. british petroleum. i am still not used to bp. dudley, bp, 8:30.s bloomberg "surveillance." a lot of the focus is on china. we got up this morning, came into work, and there was so much copy and news about the fact that we are further apart from a deal because it does not feel like a trade war, it feels like the trade -- u.s. war on china. we heard from the chinese side they are willing to do a deal on agriculture, may be something the u.s. do not want because they want something bigger. the markets, a little bit of lift because of that encouragement news from china. s&p futures are gaining and 7.1321. at ,om: as kevin cirilli mentioned we need to see what the president of the united states will say about partial. viviana: the trump administration is pressuring china over human rights, proposing bands on chinese officials. this move is mostly symbolic because those officials rarely travel abroad. china is planning tighter restrictions for u.s. nationals, targeting those sponsored by u.s. intelligence and human rights groups. china turning up the pr

felt that lesson with dudley and hey let's see if. we had a listen see he. can will tell you not to lean the name of the in but not actual tool to be had the bongo had they are solidly helping. the kind it's a. group in the haiti and i know that's how it is will be on the island some this. who just now were listening. to consent from home so to say was sent. that a fertile. jug. shaddock me. my foot on them any kind it's a minor latinos o.b.o. who can and under my know must be added as he said. can it be diatom and i'm. stuck so we put together a system and took it to india and we were successful in gaining data from that 1st eclipse and we have gone to something like 14 eclipses there after i have continued to help her over this period of time she decides what she wants to study what. her science is and together we you know a collaborative effort put together the instruments that we take to you a quote. syrian physicist shot you have become a respected just on the mark with a global reputation. had. to be this is just how wise institute for us trying to mee

dudley with a deal, what does that mean for the bank of england? i understand you don't see rate hikes even in that scenario. why is that? >> if you listen to the way their narrative has developed, if you go back six months, they withsaid if this proceeds an orderly transition, we would expect rising rates. they have dialed down on that. we have a weaker backdrop and evidence growing in the u.k. that the momentum in the labour party is starting to fade. you will get a period of relief. brexit is headed, you see sterling rally, you see rates move up. ,fter short-term relief companies, investors, consumers, will have to focus on the fact we are in a transition period and uncertainty remains in place. against this week global backdrop, we see using, and the bank of england, deal or no deal, is going to be cutting rates within the coming months. matt: will your colleagues continue to choose london as their number one hub to live from which to trade it to work? does the city remain supreme? >> that is one of the sorts of questions, and that is exactly w

. >> dudley says i get you but just as an insurance policy why don't we make sure. >> this will be three cuts in four months. a total pivot from where we were last year -- 10 months ago talking about four cuts -- four hikes into 2019. >> does that surprise you, mike, hear everybody on the panel say they are cool with that, a cut and a pause. >> i don't think so. >> the broader market is or not. >> no, i don't think it's surprising i think that essentially the market is kind of giving you those indications. i mean, look, i think the fed is going to try to convey flexibility as it always would it's going to talk about the risk and talk about tariffs in december i've been of the opinion the details of trade matter almost not at all as long as a de-escalation, an excuse to get more aggressive. the market likes when that issue is set aside it doesn't have to be a cause for getting much more excited. so i do think it makes sense that people would be okay with that you know, like i said, credit markets have been very, very firm they are not suggesting that we have a lot of macro stress getting

center of a deadly scandal leads our global report today as boeing chief executive dennis mulan brad dudley scandal leads our global report today as boeing chief executive dennis mulan bird goes before members of congress to face his 1st public interrogation regarding $2737.00 max crashes that killed a total of $346.00 people are goes before members of congress to face his 1st public interrogation regarding $2737.00 max crashes that killed a total of $346.00 people mulan bloomberg spoke about the efforts at the company and invested in improving living there are technologies in their planes going forward. we've brought the best of boeing to this effort we spent over one more word. we've brought the best of boeing to this effort we spent over 100000 engineering and test hours we've flown more than 800 test flights 100000 engineering and test hours we've flown more than 800 test flights we conducted simulator sessions with 545 participants from 99 customer we conducted simulator sessions with 545 participants from 99 customers and for 41 global regulators i flew alone. on a couple of flights m

center of a deadly scandal leads our global report today as boeing chief executive dennis mulan brad dudley scandal leads our global report today as boeing chief executive dennis mulan bird goes before members of congress to face his 1st public interrogation regarding $2737.00 max crashes that killed a total of $346.00 people are goes before members of congress to face his 1st public interrogation regarding $2737.00 max crashes that killed a total of $346.00 people mulan bloomberg spoke about the efforts at the company and invested in improving living there are technologies in their point planes going forward. we've brought the best of boeing to this effort we spent over one more word. we've brought the best of boeing to this effort we spent over 100000 engineering and test hours we've flown more than 800 test flights 100000 engineering and test hours we've flown more than 800 test flights we conducted simulator sessions with 545 participants from 99 customer we conducted simulator sessions with 545 participants from 99 customers and 411 global level regulators i flew alone. on a couple of

outside the figures, sticking on may get personal because a longtime ceo, bill dudley, will be passingaton to the upstream director. that is said to attract a lot of interest within the industry. nejra: thank you so much. comment. i was speaking to someone yesterday that told me they are noticing a lot of volatility in stocks on earnings day. it is that something that you are seeing? what do you think is behind it? marija: definitely. it is quite common for stocks to see volatility on earnings date. it is exactly what we talked about, uncertainty. we do not know what to look for. we do not know where the guidance is going to be. longer terms, stronger earnings tend to generate positive returns. we still see that. my final comment on earnings is that earnings are slowing, but they are at still fairly high levels. they are coming off all-time highs. margins are high, sales are growing. upseto,o --be t too upset or concerned about this collapse in earnings. nejra: still have faith in the corporate profit cycle. thank you for joining us, marija veitmane. great to have you with us. eu delay

bernard loonie will replace bob dudley in february.ugh one of the most turbulent timeses in the company's history. a japanese newspaper reported apple has been asked to boost production for the iphone 11 model by 10%, stock up one and a quarter percent right now. sources are saying the biggest demand is for the least expensive iphone 11 and iphone pro. apple not commenting but i've got to point out there was a price drop for the basic model, it's $699, it was $749 for last year's iphone xr. you cut the price a little bit, people start buying. maria: i guess so. that works. coming up, health care in america, president trump rolling out his medicare plan yesterday. aflac's chairman is weighing in on that. sesamestreet making big moves, heading to the streaming universe where you and your family will be able to watch on streaming. back in a minute. ♪ get along down the road. ♪ we've got a long way to go. ♪ scared to live, scared to die. ♪ we ain't perfect but we try. ♪ get along. ♪ while we can. ♪ imagine a world where nothing gets in the

so this is an image drawnfrom the work of my friend stephen dudley at inside prime , and it details the connection between a man in the bunch of la who was one of the lead traffickers until this capture five or six years ago in the western part of guatemala. and the details the level of his interaction and involvement and infiltration of the various levels of government , civil society, evangelical churches as well as the local politics and the local businesses as well another example , this is the potatoes, one of the major drug trafficking organizations in honduras and it's also been captured and leaders extradited although the campaign strategy doesn't work and we can talk more about that if we want to it only leads to more violence and competition between the surviving groups that are there. it's a multibillion-dollar industry so picking up the leaders only makes the underlings more ambitious area but this also details the circulation of power and influence between drug trafficking organizations and the powers that be in those particular countries. particularly salient example, this

so this is an image drawn from a work of my friend steven dudley inside crime at latin american university. it details the connection between the lead narco traffickers until his capture five or six years ago in the western part of the guatemala. it details his level of interaction and involvement and infiltration of the various levels of government, civil society, evangelical churches as well as local politics and local businesses as well. it's another example. this is the cachiros, a major drug trafficing in honduras has been captured and leader extra indicted. although the kingpin strategy doesn't work. it only leads to sort of more violence and competition between the surviving groups that are still there. this is a multi--billion dhar industry, so taking out the leaders only makes the underlings more ambitious. but this also details a circulation of power and influence between drug trafficking organizations and the powers that be in those particular countries. particularly a salient example of this is one orlando hernandez, president of honduras. he's a u.s. partner in signing a ridic

dudley referenced the third-party research vendors and there are many of them.not correlate with each other. what you need to do when looking at the metrics is drill down into what those ratings mean. we can be misleading looking at topline ratings, especially in these passive indices because they are going off a number of different metrics, some of which might not be material. i would recommend investors need to roll up their sleeves and think about what matters in terms of the credit worthiness of the issuer. esg bondoking at investing rather than taking the third-party ratings as they are. in terms -- alix: in terms of returns, what if you noticed in returns for esg focused investment? you get the same? do you have to sacrifice? bonnie: thinking on this has evolved. in the past, people equated esg with exclusionary investing. now we have a lot more data and more tools to work with. we are getting strategies where you are able to achieve the objectives without having to exclude. with those strategies, what we are seeing is you are not giving up performance. du

bob dudley came in at an exceptionally difficult point in the company's exceptionally difficult points after the deepwater horizon tragedy, and had to undertake a fairly massive restructuring in order to foster or meet the costs of compensation and cleaning up that spell. as a result of that, refocusing the company strategy, stroking it significantly. i think strategy, stroking it significantly. ithinka strategy, stroking it significantly. i think a lot of analysts believe that ten years on, bp is a smaller, nimbler company. in many respects, he has left it in a relatively good place. but it has challenges ahead. it has become a lot leaner in terms of the oil price level at which it can make profits compared to the financial crisis and before deepwater horizon. so a lot of progress has been made, and investors will increasingly towards the part bp plays in the energy transition and looking beyond fossil fuel. david hunter, thanks very much indeed. these are bad for the environment, soa these are bad for the environment, so a sustainable version has been invented. our symbolic item is

>> because the president so dan dudley is still popular in their districts and they believe that speakingn look at justin amash, the day he came out for the impeachment inquiry the next day his numbers were under water in a republican primary in his own district. >> i loved you summed it up in one sentence. there's also a second sentence. i loved when you said in your tweets this impeachment inquiry is about our national protection. if democrats could keenly say we're protecting our constitution, protecting our national security, it's not even about him, it's what we're doing for us. >> that's a great point. this is about making sure that no president of the united states can look at our military aid or our apparatus of government as something in their own personal benefit. the essence of american democracy is you serve to protect the united states constitution and our country. here you're conditioning military aid to get dirt on a political opponent and i think we've got to keep it simple and as you put it, make it about protecting the constitution, standing up for our national security.