anna: henrik johnsson, thank you very much..hing to watch thank you very much for spending some time with us this morning. london.es past 7:00 in coming up, the pandemic pause ends. citigroup resumes its plan to cut jobs. we have the details in act. this is bloomberg. ♪ ♪ anna: welcome back to "the european market open." we could see a bit of upside at the start of trading. job cuts are part of the conversation this morning, coming to citigroup employees. the bank joined lender wells fargo. joining us to discuss is bloomberg dani burger. how steep can we expect the cuts to be? dani: at the moment, not significantly steep, it is less than 1% of their global workforce which is about 200,000 employees that they are going to let go. on in net basis, it will look like they have the same amount of employees. they have hired about 26,000 so far this year. so it about evens out. didourse, it is always mythic and when people lose their jobs in the middle of a pandemic, and as you mentioned, citi also promised they would and cut jobs dur

only 32000 people live in moldova 19th century playwright henrik ibsen used to vacation here apart from a folk and fishery museum there's not much to discover outside loads of salmon and sea trout. to these quiet surroundings help young footballers develop. it was in mulder that ending hole and became a star. he's off to his departure to souths going and then dortmund they still remember his biggest moments in a mall the jersey of the biggest memory as he ran he scored 4 goals away against brown. within 20 minutes small to run from 00240 up was amazing he turned up to defend somebody in there in a few minutes and he was unstoppable she's watched him here more than i have but it takes them enough or not much you know growing up with it all when starting out good. see we have had players. use for labor so we can do it so well. on july 1st 201820 days before his 18th birthday and scored 4 goals in just 17 minutes against the bag and always top flight but the superstar. the day before we had the session. he was missing. the goal i read time his right and he struggled. he was angry at him se

it was bought by henrik ulven, a norwegian investor and director of a network of companies. he didn't answer our requests for an intnterview. rebecca bÜchner has lived here for more than 30 years and has seen her neighborhood transformed. rebecca: of course hehe'll raise the res as much as he possibly can. they always raise it to the maximum,m, until it hurts. in a turbo-capitalistic fashion. for me, that means that sooner or later, i'll be gentrified out of here. leilani: the whole business model is based on the idea of taking square meters of living spacace -- and youou have to, s is h how they're tnking a and squeezing out ofof every squqe meter as much h prit as ththey caca so that i is the extractie inindustry of hihigh finance t has moveininto an area thahat happens toto be, in fact, a hun right. and that's the rub. >> t the residents o of the kreuzberg apartment building ready to put up a fight. they've named their activist group in memory of willi their former landlord. at housing demonstrations, they march with tenants from other buildings facing the same situation.

two years later, most of the business was sold to a chinese auto parts but the founder henrik firsterthe brand name and used it to launch a new business, fister, inc. he seems reminiscent of trever milton in 2013, fister was sued for allegedly misleading investors apparently never informing them when he lost access to federal funds that the company needed. the department of energy cut off access to a $529 million loan and he keep quit et for a year he did a private fundraising round and a day later the company announced they were recalling hundreds of cars due to battery fires, something management had allegedly known about for weeks before hand. suboptimal when it was founded, tesla sued them out of the gate for allegedly stealing their technology elon musk hired henrik fister to do body design forthe first four-seat sedan and using confidential information and a competing product. there is another similar lawsuit from ashton martin at least fister has good taste there is a lot of controversy. it one thing to fail and try again. it's another thing to fail, allegedly lie to investors

considered the largest in europe maybe even the world's for our series europe to the max we send report to henrik well going into that labyrinth i wonder if he ever made it out i haven't seen it for a while. i got lost no wonder because i'm in the biggest labyrinth in europe. with seemingly endless paths. lots of branches. and how hundreds of thousands plants and in the center of it a great art collection. i venture into the labyrinth and it's a total of 3 kilometers of passages on about $70000.00 square metres of ground area . of bamboo maze. it's the biggest labyrinth in the world. near the city of karma in northern italy it's designed to get its hapless visitors thoroughly confused. in what's the fulfillment of a dream by the late publisher franco maria ritchie he had some 200000 bamboo plants put in on his private land. they grow fast stay green and reach heights of up to 15 meters perfect for making a maze. this way. the letter and has an entrance and exit and many many passageways in between enough to get hopelessly lost. already. everything looks the same here you always think i know this

only 32000 people live in mulga 19th century playwright henrik ibsen used to vacation here apart from a folk and fishery museum there's not much to discover outside loads of salmon and sea trout. to these quiet surroundings help young footballers develop. it was in mulder that adding whole and became a star. he's off to his departure to south korea and then dortmund they still remember his biggest moment in a mall the jersey of the biggest memory as he ran he scored 4 goals away against them. within 20 minutes small to run from 00240 up was amazing he teared up to defend somebody in there in a few minutes and he was unstoppable she's watched him here more than i have but it takes them in the one of my you know what i was put on when starting out good to the. we have had players all through the school leaver so we can do it so well. on july 1st 201820 days before his 18th birthday and scored 4 goals in just 17 minutes against the bag and it's always top flight but the superstar. the day before we had a session. he was missing. the goal i read time he thought i had struggled. he was ang

only 32000 people live in mulder 19th century playwright henrik ibsen used to vacation here apart from a fog and fishery museum there's not much to discover outside loads of salmon and sea trout. to these quiet surroundings help young footballers develop. it was in mulder that ending hole and became a star. he's off to his departure to south korea and then dortmund they still remember his biggest moments in a mall the jersey of the biggest memory as he ran he scored 4 goals against them. within 20 minutes small to run from 00 to $40.00 was amazing he turned up to defend somebody in the in a few minutes and he was unstoppable she's watched him here more than i have but it's like them in the world of mine you know what i'm with it all when you go to go there good good. see we have had players. use for libor so we can do it so well. on july 1st 201820 days before he's 18 but they scored 4 goals in just 17 minutes against the bag and in norway stuff like that but the superstar. the day before we had a session. he was missing. the goal every time he thought i had. struggled. he was angry at

only 32000 people live in mold the 19th century playwright henrik ibsen used to vacation here apart from a vogue and fishery museum there's not much to discover outside loads of salmon and sea trout. to these quiet surroundings help young footballers develop. it was in mulder that ending hole that became a star. he's off to his departure to souths go again and then dortmund they still remember his biggest moments in a mall the jersey of the biggest memory as he ran he scored 4 goals away against brown. within 20 minutes small to run from 00 to $40.00 it was amazing he teared up to defend somebody in there in a few minutes and he was unstoppable she's watched him here more than i have but it's like them in the one of mine you know what i'm with that on when you go to go good to the. we have had players. use for labor so we can do it so well. on july 1st 201820 days before his 18th birthday and scored 4 goals in just 17 minutes against the bag and in the way stuff like that but the superstar. the day before we had the session. he was missing. the goal every time he had struggled. he was an

considered the largest in europe maybe even the world's for our series europe to the max we send report a henrik welling into that labyrinth i wonder if he ever made it out i haven't seen him for a while. i got lost no wonder because i'm in the biggest labyrinth in europe. with seemingly endless paths. lots of branches. and how hundreds of thousands plants and in the center of it a great art collection. i venture into the labyrinth and it's a total of 3 kilometers of passages on about $70000.00 square metres of ground area . of bamboo maze. it's the biggest labyrinth in the world. the love it into that i must go on or near the city of parma in northern italy is designed to get its hapless visitors thoroughly confused. what's the fulfillment of a dream by the late publisher franco mario ritchie yet some 200000 bamboo plants put in on his private land. they grow fast stay green and reach heights of up to 15 meters per 2nd for making a maze. this way. on this. letter and has an entrance and exit and many many passageways in between enough to get hopelessly lost. already. everything looks the same y

considered the largest in europe maybe even the world's for our series europe to the max we send report to henrik well going into that labyrinth i wonder if he ever made it out i haven't seen it for a while. i got lost no wonder because i'm in the big labyrinth and europe. with seemingly endless paths. lots of branches. and how hundreds of thousands of plants and in the center of it a great art collection. i venture into the labyrinth and it's a total of 3 kilometers of passages on about $70000.00 square metres of ground area . of bamboo maze. it's the biggest labyrinth in the world. they love it in. near the city of parma in northern italy designed to get its hapless visitors thoroughly confused. and what's the fulfillment of a dream by the late publisher franco mario ritchie yet some 200000 bamboo plants put in on his private land. they grow fast stay green and reach heights of up to 15 meters are perfect for making a maze. this way. the lever and has an entrance and exit and many many passageways in between enough to get hopelessly lost. already. everything looks the same yeah you always think

considered the largest in europe maybe even the world's for our series europe to the max we send report a henrik well going into that labyrinth i wonder if he ever made it out i haven't seen it for a while. i got lost no wonder because i'm in the big labyrinth and europe. with seemingly endless paths. lots of branches. and how hundreds of thousands of plants and in the center of it a great art collection. i venture into the labyrinth and it's a total of 3 kilometers of passages on about $70000.00 square metres of ground area . of bamboo maze. it's the biggest labyrinth in the world. the love it into that i must go on or near the city of parma in northern italy is designed to get its hapless visitors thoroughly confused. and what's the fulfillment of a dream by the late publisher franco mario ritchie yet some 200000 bamboo plants put in on his private land. they grow fast stay green and reach heights of up to 15 meters perfect for making a maze. this way. on this. letter and has an entrance and exit and many many passageways in between enough to get hopelessly lost. already. everything looks the

we have henrik johnsson, deutsche bank go ahead of capital markets.eat -- cohead of capital markets. there is a great story on bloomberg about billionaires who want to take their company's private, thinking that global markets are a little bit too much. rocket internet here in berlin is one smaller example we have been talking about the last couple of weeks. but the big story is softbank. can the arm sale allow masayoshi son to take softbank private? annmarie: matt, thank you so much for that preview. he is up next with anna edwards. we have european equity futures turning in red. the dax as well. we are trying to see if the dax can hold on to breaking and year.flat on the but we do have u.s. equity futures pointed to a higher start in new york. manus: yes, we will keep a night on paris, up by 0.3%. , we often talk about that today. today it is about vaccine availability in china, and the v-shaped recovery. does that carry through? that is a question. we handed over across to matt and anna as they take you through the "the european open." give you my

henrik: we are starting to see in remote learning that you can get the equivalent of a robot companionout it as a doll, one or two feet tall, that you can interact with. so we have seen companies like embodied in l.a. that are bringing in these companions. so we have kids sitting in front of the screen doing five hours of zoom calls and this is really boring. why do i have to do another five hours of zoom calls? what if i could give them a companion they would be complete -- they would be playing with and interacting with. say we are doing a math lesson -- i can have the robot look at me, read my facial expression, say is he happy, sad, frustrated, engaged? for some time i would be engaged and then thank -- then the robot will say i can see maybe we should do a dance or song instead. you are interacting with the people as you do this and through this, we are almost game ifying the- gam learning experience. at the same time, we can extract metrics. how much time was the people paying attention? how much where they happy? this is essential metrics you can give to the teacher but also met

considered the largest in europe maybe even the world's for our series europe to the max we send reporter henrik welling into that labyrinth i wonder if he ever made it out i haven't seen it for a while. i got lost no wonder because i'm in the big labyrinth and europe. with seemingly endless paths. lots of branches. and how hundreds of thousands of plants and in the center of it a great art collection. i venture into the labyrinth and it's a total of 3 kilometers of passages on about $70000.00 square metres of ground area colossal bamboo maze. it's the biggest labyrinth in the world. the love it in toward it i must go on or near the city of parma in northern italy is designed to get its hapless visitors thoroughly confused. what's the fulfillment of a dream by the late publisher franco maria ritchie he had some 200000 bamboo plants put in on his private land. they grow fast stay green and reach heights of up to 15 meters perfect for making a maze. this way or that way on this. letter and has an entrance and exit and many many passageways in between enough to get hopelessly lost. already. everyth

the result was close to narrow victory for the governing whites national party of henrik's reward with a referendum having now only passed the republic of south africa was constituted on the 31st of many 961 the majority black population reacted with horror as. a general strike was called which the man haroun supported by encouraging muslims to fast for 3 days of peaceful protest. action was remarkable at a time when few muslims in south africa opposed the government so overtly just wanted to make sure the well being are taken care of but this also opened his eyes and his mind into what was happening and i call the gov apartheid government was during the time of our power and work my father's involvement with the african people in in a young girl it to he. obviously made to work brothers that saw how he. communicated with them and i remember my mother always used to say that. when we were living in the semi area not in this particular ours but in a different house they used to come and visit my father many times at the house or many times or come when my father would take them away. th

only 32000 people live in mulder 19th century playwright henrik ibsen used to vacation here apart from a folk and fishery museum there's not much to discover outside loads of salmon and sea trout. to these quiet surroundings help young footballers develop. it was in mulder that adding whole and became a star. he's off to his departure to souths go again and then do it and they still remember his biggest moments in a mall the jersey girls the biggest memory as he ran he scored 4 goals away against them. within 20 minutes small to run from 00 to $40.00 was amazing he teared up to defend somebody in there in a few minutes and he was unstoppable she's watched him here more than i have but it's like them in one of mine you know split up with it all. starting out without a good to the. we have had the players. peacefully versal we can do it so well. on july 1st 2820 days before his 18th birthday and scored 4 goals in just 17 minutes against the bag and always top flight but the superstar. the day before we had the session. he was missing. the goal i read time he thought i had. struggled. he