hermes a volkswagen joined forces to develop electric and sell driving cars. that's coming up next in business with my colleague chanel to bill our way along rock and roll and have a great weekend. to know that 77 percent. are younger than 60 pot. cuts me and me and you. and you know what it's time no voice is part. of the 77 percent he told. you this is where because of. the 77 percent this weekend on d w. every journey begins with the 1st step and every language with the 1st word emerged from the. coaches in germany to learn german and why not come with a simple online on your mobile and free shop d w z e learning course nico speak german made easy. ford and fox backing take their alliance into overdrive 13 up on electric vehicles and self driving cars in a bid to overtake the competition. also in the show a regional power struggle plays out in the tiny south pacific island of tonga. and what to do with 28000000 tons of unused food one young japanese entrepreneur has come up with a tasty and served. this is the the way of business i'm john l. them a lot on i

. >> el pegajoso ritmo de regata acaparÓ la 16 entrega de hermes juventud donde se demostrÓ que es elde sus premios esta noche. >> Éstos los comparto con todos ustedes. maluma recibiÓ en el reconocimiento mÁs importante de la noche. el agente de cambio tras montar la vejaciÓn "el arte de los sueÑos". >> nosotros somos el cambio. utilicemos la mÚsica para salvar el mundo. >> otro que estÁ comprometida con inspirar de manera positiva a la juventud es cristiano daly que en una presentaciÓn dejaron el nombre de mÉxico muy en alto. tambiÉn se llevÓ a casa el premio. >> como nueva generaciÓn, siempre, es que no quiero que esta mÚsica muera. por lo tanto todos tenemos que renovarnos, sacar contenido rico para la gente. no voy ahora en la casa. tengo una promesa con mi mamÁ. mientras viva en guadalajara los trenes se quedan con ella. uno de los momentos mÁsemotivo de noche es cuando cantaron y alzaron su voz. >> nosotros tenemos que exigir que nos rijan de una manera humanitaria. isa nuestro micrÓfono parece tipo de cosas es lo mÍnimo que podemos hacer. >> no sÓlo la mÚsica fue protagonista s

respecto a la pregunta que me haces la res puesta de hoy no es tan multitudinaria pero serba la misma hermesdirÍa que su renuncia serÍa inminente algo que univisiÓn no pero a pesar de que las protestas han pedido la renuncia del gobernadorse ha estado representando por miles de ciclistas que vinieron con un mensaje muy claro. los antesla calle del cristo del gobernador tura de que no va a dejar el cargo y cada dÍa que pasa hay mÁs bajas en su gabinete uno de los funcionarios pero no fue el Único. hoy renuncio en washington y desde hace una pieza clave para la representaciÓn del gobierno rosellÓ sigue en su postura de que no renunciarÁ y reconociÓ que con estas manifestaciones a Él le toca escuchar y réflex cenar y mientras ocurren estas protestas el departamento de justicia para que entreguen sus telÉfonos celulares aunque lavaron mayorÍa de las estaciones han sido pacÍficas y con represa ventas tambiÉn ha habido algunas que han degenerado violÍn imÁgenes estos generan inestabilidad. >>para ver si se puede mezclar jurÍdicamente al gobernador aquÍ en la casa de gobierno continÚa la protesta p

still with us is the head of investment at hermes.n you focus on the trade tensions, this issue is getting quite a lot of attention this week between south korea and japan. are we underestimated how much this could escalate and add to global trade tensions and spillover into markets? >> there is a possibility. this is another trade flashpoint so it adds to the ongoing worries with european autos, japanese autos, and nafta. will it ever happened? this is reaffirming. when i look at gold, gold a stronger this morning. i want to pull back to my chart. have a look at this. this goes back to the data we have just seen. is -- it is the dollar-yen positioning. never hasnse that asked you, there is still a place of merit for protection gold, dollar-yen like like swiss, to what extent are you protecting if at all any of your positions through the fx route? >> we are not protective by the fx route, that is by virtue of investment processes that are long-term. we would tend to protect through the underlying assets themselves which would be in hi

did to me while my husband isn't here where my 2 kids are and about my 9 relatives still in iceland herm's. isis fighters invaded the city of sin jar in 2014 and killed thousands of you see these u.n. investigators describe the attack as genocide saying there you see these were systematically targeted for their religious beliefs it took 15 months for kurdish peshmerga fighters to force eisel from sin jar around $3000.00 you see these are still missing half of them women. earlier this year u.n. teams began examining bodies for mass graves to identify the dead and gather evidence of isolate trustees for eventual trials. but for forensic specialists matching samples with easy the survivors isn't easy because they're scattered both in iraq and abroad. but in the years edi community was dispersed across many countries after being heavily persecuted by ice so for example there are 2280 families in germany that i aspire to reach to get d.n.a. samples and match though there are 800 families in australia 800 in canada and nearly 100 or 150 in france some families are losing hope of learning the fat

around the middle east and particularly gulf countries, those directly in influenced by the strait of hermesreat to shipping. what has been said in the course of the last few hours about this incident? well, so few hours about this incident? well, so far, there hasn't been any official reaction from the region or from government in the region, but of course, everyone is watching in anticipation of what the next move is going to be, especially by the iranian government. as we just heard from my colleague, iran is responding to what happened earlier in the month by the british maritime, but also this is a moment for the iranian government to use for the iranian government to use for a leveraged of negotiations. they are under immense economic pressure because of the sanctions imposed by the us. they are feeling the burden of these economic sanctions, both locally but also regionally because of their involvement in other regional countries like syria, so this is a moment of using such an incident politically to leveraged their position in negotiations and ask for some relief over the sanctions

with us is louise dudley, portfolio manager, hermes global equities let's start with sterling, we findster is. not a huge difference between borisjohnson is. not a huge difference between boris johnson and jeremy hunt. is. not a huge difference between borisjohnson and jeremy hunt. let's talk about what markets will expect to happen today. as you mentioned to a certain extent a lot of it has been priced in, the expectation is that boris will come in and so therefore people have priced in almost a 70% hard brexit at the moment. so we have almost a 70% hard brexit at the moment. so we have seen almost a 70% hard brexit at the moment. so we have seen a almost a 70% hard brexit at the moment. so we have seen a very weak poundin moment. so we have seen a very weak pound in the last couple of weeks. louise, explain to our reviewers why a weak pound is good news for the ftse 100 a weak pound is good news for the ftse100 with so many of those companies listed on the main market, trading in dollars? explain that relationship. certainly, they can't sell their products to customers outside the uk

it is fair that hermes could be found at the property. translation: we don't know anything for now.hild. ikenye say? this is a great child. ikenye say? this is outrageous. —— what can i say? translation: —— the interior minister said he would not tolerate police workers did not do theirjob properly and has fired the chief of police, who was made to appear alongside him in a police conference. ,, aye a police conference. " aye except my dismissal, ioan buda said," since we had some inadequate interventions that i hold myself responsible for. the investigation, meanwhile is rapidly developing. the searches of a lake near the suspect‘s property found a suitcase filled with close and remains a partly burnt human body. the failure to rescue a teenage girl has joined a spotlight on romania's police and prosecutors, were under increasing pressure to get a grip on this case. jon ironmonger, bbc news. rescue efforts are under way in the northern philippines where a series of earthquakes has killed at least eight people. the us geological survey said the largest quake registered was a magnitu

. >> very strong sales numbers .rom them as -- hermes as they do with the protests is with, they sufferedthis but still looks like we are seeing the demands, the iconic birkin bags are still out there. matt: thank you for joining us. you can get the latest stocks stories from our team, on your bloomberg terminal or get it by the mobile app. the open in four minutes time. this is bloomberg. ♪ anna: hey minutes until the start of the cash equities trading for this morning in europe. let's look at the markets. annmarie hordern is standing by in london. in asia, we saw asian stocks rallied this morning, msci asia-pacific up more than .2% amid low volumes. the euro dollar dipped below 1.12 overnight. a lot of fx traders saying this is macro positioning ahead of the meeting this week and the pound is softer against the dollar. the u.k. will have a new prime minister. boris johnson is the front-runner. a multitude of challenges will be ahead for whoever steps in. oil, holding gains as we have seen heightened tensions in the gulf. this is futures, ftse 100 up up nearly .4%. we have the market ope

filippo maria alloatti there, senior credit analyst at hermes fund managers joining us today. talk more about apple shares surging in late trading at the tech giant projects revenue that will top expectation. can the company truly move beyond the iphone? we will discuss that next. this is bloomberg. ♪ ♪ francine: this is "bloomberg surveillance." i'm francine lacqua in zurich. let's talk about tech. let's talk about the figures from apple. that was yesterday and there is a sign that apple is entering life beyond iphone. for the first time since 2012, the company generated less than half of its quarterly revenue from sales of its flagship product. devices such as the apple watch had strong performances. are usedhe services mostly with the iphone. for more on apple and in general tech earnings, let's get straight to alex webb. alex, great to have you on the program. what are investors liking about in these numbers? >> they had forecast, i think, earnings in the third quarter, sales in the third quarter of 61 billion. apple set a range of 61-63,000,000,000. clearly, higher than t

personal shop story london to dubai and paris to buy all these expensive goods like a gucci watch and hermesacket and bring them back into china but the government didn't like that model so they've been cracking down on that market they're trying to incentivize the chinese shopper to buy those products inside the country. they don't want them buying it outside and bringing it back in. >> this is not going to be a tiffany hit job. i'll take the other side and talked about the negative aspects of it. the one thing citi analysts did point out from a brand perspective maybe not in china per se but overall they have positioned themselves from a brand perspective to capitalize longer term so management situated the company where tiffany will be a longer term success story, not just the risk/reward metric it is right now in that axiom. that will be the big key here so from a brand perspective it may not have that luster as lbmh or caring brands or any of the fancy ones. >> cartier >> it's still good >> let's move on san francisco introducing a new tax aimed right at ceo's's wallets a year after the

rose above the danger levels and burst their banks streets have been flooded the water flowing into herm's since thursday it's been raining steadily across the path triggering flash floods and landslides hundreds of people have been evacuated from their homes and rescuers have been searching for those reported missing emergency services have also recovered some bodies in my opinion the outskirts of the capital katmandu the heavy rains brought one wall crashing down crushing a section of a heart the son of a very badly of the one the wall suddenly crumble we thought it was an earthquake by the time we came out the house was broken 20 members of one family were asleep at the time 3 of them died 2 women one of them pregnant and a child were sleeping in this little cottage over here when this wall came crumbling down crushing the entire carters most of the people over who have been living here are construction workers and the structures that they're living in it's very unsafe. every monsoon season faces floods and landslides but in the cities people have been allowed to build houses and busine

did to me while my husband isn't here where my 2 kids are and about my 9 relatives still in iceland herm's. isis fighters invaded the city of sin jar in 2014 and killed thousands of you see these u.n. investigators describe the attack as genocide saying there you see these were systematically targeted for their religious beliefs it took 15 months for kurdish peshmerga fighters to force eisel from sin jar around $3000.00 you see these are still missing half of them women. earlier this year u.n. teams began examining bodies from mosque raised to identify the dead and gather evidence of ice of the trustees for eventual trials. but for forensic specialists matching samples with easy the survivors isn't easy because they're scattered both in iraq and abroad. but in the years really community was dispersed across many countries after being heavily persecuted by ice so for example there are 2280 families in germany that i aspire to reach to get d.n.a. samples and match though there are 800 families in australia 800 in canada and nearly 100 or 150 in france some families are losing hope of learnin

major effect on california kron 4 grant lodes joins us now it's more on what this deal means grant hermes ally, especially when you're talking about competition in any sort of marketplace. ca gov rise in an atnt that the powerhouses but. >>then if you look next these are the companies that you're talking about if this deal goes through if these to merge that new company would become the 3rd largest wireless provider behind verizon in a tnt with about 92 million subscribers but before it does go through a legal dispute on the deal involving several states s to be settled. here's what's in the agreement both companies will spin off sprint's prepaid wireless business to ditch the satellite company dish would pay one billion for those subscribers which includes boost mobile and virgin mobile customers. this will also pay 3.6 billion for some of sprints wireless airwaves california's attorney general javier becerra said today that his team is ready to go to trial to stop this california is one of 14 states opposing the deal. the sarah says this merger would reduce competition and drive up pric

will see concerted diplomatic action and if there is not freedom of navigation through the strait of hermesl be, at the very minimum, a sort of tanker war which could lead to conflict. it does not have to be that way. you know, they are trying to find, as the americans say, off ramps, ways, as the british say, off ramps, ways, as the british say, finding a ladder to climb down and we must find those letters because if we do not find them, we have seen where the trajectory goes. what is the potential? it feels very doom and gloom, doesn't it, at the moment? sorry. no, no, you are seeing it as it is. but what is the potential to find that climb down? when you see an off ramp, when you are thinking it through, you look a bit closer and you see a barrier on the off ramp. 0ne bit closer and you see a barrier on the off ramp. one of those is the idea of a tanker swap because people will be furious. they would say, hang ona will be furious. they would say, hang on a minute, will seized an iranian tanker allegedly in british waters. it was in the spanish see, not british waters, but that is because

louise dudley is portfolio manager of global equities at hermes investment management.almost 60% lower. this refinancing deal is not finalised but does this figure reflects just how much shareholders expect their value to be wiped out? yes, and certainly that rapid sell off something that happens when greater issues on the shares and diversion is happening. however, for those investors that are long—term in nature, those that put capital going forward, they are going to benefit in the long term. the shares have struggled early in the year from the same brexit uncertainty and the slowing in the industry. is there any optimism out there that thomas cook can be turned around and it can find a niche for itself at a time when so many of us are assembling our own package holidays? yes, it has a strong brand name and some of the relationships they have, if they can do that they will have some market value. the bondholders are seeing that value today. ok, thank you very much forjoining us. that is it from me. that was interesting, thank you. passengers have been describing thei