i.p.o. after thirty four years away from the stock exchange. shares in the blue jeans maker have been priced at seventeen dollars each just above the target range it's expected to be the biggest u.s. i.p.o. so far this year levi's we use the funds to invest in the brand made a comic by such stars as james dean and of course bruce springsteen. and let's go now to our financial correspondent frank for conrad we often talk about young tech firms i.p.o. ing this is a one hundred sixty six year old denim companies so what's going on here. yes of course the valuation of levi's it's much smaller than for some of those you know hyped tech companies but the comparison of levi's this very old company with the tech sector is less far fetched than one might think you know last year levis managed to increase its revenues fourteen percent which is quite impressive and levi's is also a very global company many of those blue jeans and other levi's branded products all american products made in china and you

now lift is also leading what many are calling a stampede of the unicorn i.p.o. there seems to be a lot of investor euphoria involved with that is over confidence going to be an issue. well i mean we have some catch up to do partly because of the shutdown earlier this year we did not have any i.p.o.'s in the past couple of months though investors are hungry for new companies and overall the market environment seems to be pretty good we just finished the first quarter and for the s. and p. five hundred index it was the best first quarter since nine hundred eighty nine so the mood overall seems to be pretty good but yes if the market sentiment might turn then we will see if the hype has been too much we are waiting for companies like air b.n. b. we were. pollen to year just to name a few and if you look at live for example a good half a year ago the company was worth about fifteen billion dollars now they have a price tag after the i.p.o. off about twenty five billion so has really fundamentally so much changed in six months sold to increase the market valuation by

firms including uber thought to be preparing to go public the i.p.o. boom is well on the way. joining me now where the action is yen's carter on wall street good to see ends so as we've seen the lift comes with more than a few image problems it's yet to turn a profit it's smaller than and yet the stock soared more than twenty percent in the first few minutes of trading why all that hype well i mean those right sharing companies they are very popular in the united states and if you look at the lift itself in the last quarter they had about one hundred million rights. to offer and they're more than double the good to one or two years ago so there is certainly growth and then if you look at the younger population a lot of those don't even have a drive first license not even to speak about a car czar there is some growth potential but if you talk about their costs certainly i mean the company almost had a loss of one billion dollars in the last year or so they are far away from profitable and we really have to wait and see if it's a good idea to buy shares of lift at this point no

in perspective to other i.p.o.'s sort of historically yes so this left i.p.o. so exciting they priced at seventy two dollars on thursday evening and raised two point three billion dollars and that's a huge number within the star community the last time we saw something like this was back in two thousand and seven school so what we're seeing right now is all of these startups they're waiting to go public and i actually staying a lot longer this is because they have way more access to capital and access to v.c. that previous companies and previous generations they haven't seen before and this allowed them to become more mature so that's why you have all these start you know cards that are coming out and two thousand one thousand is slated to be one of the biggest ones we're keeping our eye out for pinterest over of course and also air b.n. b. it's going to be another big one and so a lot of these are tech related. coming out. and you and i were talking just before we went to air that the price is right at almost four o'clock with like eight hundred fifty. yeah an

and now joining us from pensacola florida to discuss what could be a huge i.p.o. i.p.o. from levi strauss the famous maker of jeans is legal journalist and contributor for america's lawyer molly barrows molly welcome to the show. i'm always telling some more about this very storied american company they were sold some of the first riveted jeans dating back to california gold rush days a product sort of imbedded in american history right. absolutely i mean what could be more a conic than blue jeans and levi strauss is the one that kicked it all off he'd moved to san francisco daniel back in eight hundred fifty three as you said during the gold rush years to run the west coast branch of his family's new york based wholesale dry goods business and he eventually named that company levi strauss and company well according to the levi website it was twenty years later and eight hundred seventy three when strauss partnered with a devoted tailor who had this really cool idea of using rivets at points of strain to make a really sturdy pair of pants that wouldn't fall apart a lot o

and now joining us from pensacola florida to discuss what could be a huge i.p.o. i.p.o. from levi strauss the famous maker of jeans is legal journalist and contributor for america's lawyer molly barrows molly welcome to the show. molly to learn some more about this very storied american company they were sold some of the first riveted jeans dating back to california gold rush days a product sort of imbedded in american history right. absolutely i mean what could be more a comic than bluejeans and levi strauss is the one that kicked it all off he'd move to san francisco daniel back in eight hundred fifty three as you said during the gold rush years to run the west coast branch of his family's new york based wholesale dry goods business and he eventually named that company levi strauss and company well according to the levi website it was twenty years later and eight hundred seventy three when strauss partnered with a devoted tailor who had this really cool idea of using rivets at points of strain to make a really sturdy pair of pants that wouldn't fall apart a lot of folk

does this study leave frankfurt if you don't want to already know frankfurt is losing interesting i.p.o. candidates to other stock exchanges for example nasty which has to do with the fact that american investment banks have become very active here in germany while you know our investment banks spun have different programs to cope with as our stock exchange operator here has seen a number of mergers fail remember frankfurt tried to merge with new york and with london all this failed more mergers are not very likely especially not with asian stock exchanges as regular to let regulatory problems might become very complicated corporations that's a possibility frankfurt already has a corporation with the shanghai stock exchange and if i.p.o.'s on classical equities trading is not the way to go maybe alternative ways of finance a block chain derivatives also of course private equity all these are buzzwords right now and you can hear a lot in frankfurt ok and of course the study was about twenty thirty so both singapore and frankfurt still have time to prepare and to hang in singapore cannot

stories making the news right hailing company over has picked the new york stock exchange for its i.p.o. the listing is expected to go ahead in april and could value the company as high as one hundred twenty billion dollars making the i.p.o. one of the five biggest of all time also general motors says it will spend three hundred million dollars at its orion plant near detroit creating four hundred jobs the plan will make a new vehicle based on battery powered volt one point four billion dollars will go into other u.s. plans for three hundred new jobs earlier however g.m. had announced a string of plant closures and over forty thousand layoffs bag paid its management board members their first bonuses in four years and twenty eightieth's germany's because number handed out just over fifteen million euros for the entire top management and one point nine billion euros in total bonuses twenty posted its first profit in four years. the international monetary fund has sent a team to mozambique to support efforts to help the economy recover in the wake of devastating cyclone hundreds of thousan

that's -- i.p.o.'s, that's a problem. alix: also about how much to diversify where the tech hubs are especially. lisa: like austin. guys, thank you very much. stay with bloomberg for more on the i.p.o.'s. we're going to speak with logan green and john zimmer at 9:30 new york time. do not miss that. and a reminder. you can find all the charts we're going to use throughout the show. check it out. gtv go. and tim sloan steps down. we're going to talk to a analyst who predicted what happened this year. this is bloomberg. ♪ loomberg. ♪ >> deutsche bank's merger plans are reportedly facing mounting opposition. just two weeks ago, executives at the lender and crosstown rival commerce bank agreed to explore a deal but employees are against it. labor unions want to block it and some of deutsche's biggest shareholders are skeptical. bloomberg has learned the chances of a deal are dwindling as talks continue. morgan stanley president plans to depart at the end of june. he joined the company in 1989. two decades later, he helped guid

it's a promising start to a year that could see new records when it comes to i.p.o.'s overall some analysts on wall street estimate that with new companies coming to the stock exchange the wall street might raise about one hundred billion dollars that would be a new record and exceed the former record that still holds from the year two thousand we remember the time of the adopt a bubble in the next couple of weeks and months we get some other heavyweights coming here to the stock exchange and of next week we will get lift a little later we will get other companies like we work a pin to rest. here or be my follow and now for levi's they could probably use the money and also a try to attract more women than if we look at past year the overall five point six billion dollars in revenue for four billion got made with men so female business is still far behind when it comes to levi's as quarter according from new york there is triangle on one of africa's leading oil producers so you think the country would be awash with cheap fuel well that's not the case and no one seems t

right helling company has picked the new york stock exchange for its i.p.o. the listing is lined up for april and could value the company at one hundred twenty billion dollars one of the five biggest ever global ride sharing platform also operates in more than fifteen major african cities from cairo in the north to cape town in this house. a study by pricewaterhouse coopers says tried in india will dominate the i.p.o. scene by twenty thirty putting wall street into third place peter you see also says that liquidity and a stable currency dictate mostly what a company decides to float its shares head of the here rypien people's party in the e.u. parliament month is called for a marshall plan for africa mr bieber who hopes to replace you as president of the european commission said the e.u. must do its best to help stabilize what he called europe's neighbor continent falls . kenyan police have seized twenty million dollars of fake banknotes the counterfeit cash had been stored in a deposit box at a branch of barclays bank six people including two members of the

china the i.p.o. the competitor lived is in focus for investors were once this market so interesting. yeah exactly i mean this market has been growing throughout the last years i mean we have to you know put this into perspective i mean more and more people are mostly also in the united states they're living now in big cities and in big cities to have an old car is getting more and more expensive and that's why companies like grab and live are very successful while the i.p.o. is happening today the company has a valuation of twenty five billion u.s. dollars it's going to be a little bit of a risky invest for investors because the company at the moment is in the red and it's not clear how fast they will be able to get into the green zone. in frankfurt thank you. the chinese electronics maker who always says it had its net profits last year surged twenty five percent with sales rising above one hundred billion dollars revenues were driven by consumer and enterprise sales both of which saw double digit g

of course sticking with the i.p.o.'ioning one of them, pinterest, we haven't talked about them yet. moved its plans to initial public offering to next month, we understand. pinterest had previously been thinking about all the way in june. suddenly they're racing for it. they could be worth as much as $12 billion. >> of course the interesting thing about this is pinterest is a fairly old company. it was started in 2010. so it's among the longest-lived of the silicon valley unicorns. people were wondering when it was going to come to mark. there's plenty of money in private markets that it didn't have to go anything about it. >> they're thinking to raise $1.5 billion. clearly they want to be growing, want to see in what ways they want to take on the growth perspective. they managed to dodge a lot of negative concerns surrounding silicon valley and indeed social media to a certain extent. but we'll also have to see how much oxygen uber and the likes suck up. >> that's a good point. especially next week with lyft. this is b

lift as zoom past across the i.p.o. finish line starting crating aud nasdaq today kristie are the co-founder of counterpart x. hops behind the wheel to steer us through the huge stock of what happened today plus our reverse mortgages as controversial as they used to be boris rashard of f.b.i. consulting lends us a hand to break down the dicey practice and finally now was a mistake and i'm sorry. how many times have we heard that from a major tech c.e.o. and that begs the question when it comes to detect how big is too big and should the government or other government take action to br. make up their market shares steve laws for a container rain will log in and crunch the data on a big check to see if the us will follow in the digital footsteps of the european union all that in our sights but first we had right some headlines let's go. on the day when the united kingdom was supposed to leave remember today the twenty ninth european union british lawmakers rejected prime minister teresa mayes proposed brecht's agreement f

it's a promising start to a year that could see new records when it comes to i.p.o.'s overall some analysts on wall street estimate that with new companies coming to the stock exchange the wall street might raise about one hundred billion dollars that would be a new record and exceed the former record that still holds from the year two thousand we remember the time of the adopt a bubble in the next couple of weeks and months we get some other heavyweights coming here to the stock exchange and of next week we will get lift a little later we will get other companies like we were pin to rest. or be my follow and now for levi's they could probably use the money and also a try to attract more women than if we look at past year the overall five point six billion dollars in revenue for four billion got made with men so female business is still far behind when it comes to levi's and scored a reporting from new york there and strangle on one of africa's leading oil producers so you'd think the country would be awash with cheap fuel well that's not the case and no one seems to

tech savvy population the purchase of the dubai based karim comes shortly before the eagerly awaited i.p.o. it marks a win for san francisco's for the san francisco firms a global ambitions after was forced to sell its loss making operations in china russia and southeast asia to local rivals karim was established in twenty twelve and operates in fifteen countries across the middle east africa and asia. brags it is set to affect the republic of ireland more than any other e.u. country especially if a hard border is reestablished between it and the british province of northern ireland that would bring back memories on the island of a more violent iraq and could result in the resurgence of smuggling which an open border had long kept under control. the money got all three hundred fifty three. mike has plenty of tales of smuggling that arrow he lives in northern ireland right next to the border the former truck driver says lots of shady stuff went on in the area in the past much of it involving customs control or deterring the british province and the e.u. member state to the cells i seen you

backed by germany's rocket internet it hopes to raise one hundred million dollars with the i.p.o. it will be the first ever take this on wall street it's the confidence biggest and fastest growing startup and online retailer operates everywhere from the nations of south africa and it's funny to me as that is you can expect to reach a billion mobile internet subscribers in twenty twenty two. europe has banned boeing's new seven three seven max u.s. aviation regulators a standing behind the american company despite two deadly accidents the latest with ethiopian airlines korea's chief executive says boeing should ground all its max eights until we know they're safe to fly at least forty six countries have banned the aircraft from entering their airspace the entire european union is off limits for the other skies as well above egypt many airlines in other countries of voluntarily grounding them x. years that's the case in ethiopia south africa as well half the jets running since twenty seven thousand a not being used and dozens of deliveries a still on their way. analysts at boeing ar

bitcoins collapse the world's largest maker of credit cards the mining chips as pulled its blockbuster i.p.o. in hong kong originally filed the initial public offering half a year ago hoping to raise three billion dollars but then came the big crash for the profit county was formed by ten percent since its peak in twenty seventeen that's put many people out of business making mining operations unprofitable. china's manufacturers posted their worst slump and profits since late twentieth levon in the first three months of the year slowing demand both at home and abroad has taken a toll on businesses amid the u.s. china trade dispute with no end insights the chinese government is trying to do with it to ease the strain on industry ageing is coming value added tax raising infrastructure spending and lowering direct government into being in business. the world trade continues to wane and index shows the number of container ships cruising the oceans is down by over three percent it's why they regarded as a bellwether for the health of the global economy. in many chinese ports like here in hong kon

initial public offerings so we will see the i.p.o. of lift of probably in a couple of weeks and could get evaluation of about two any five billion dollars worth pretty much as much as the car manufacturer chrysler even if a lift also mentioned here on friday that they won't be profitable anytime soon if at all at some point in the future. car to there on wall street thank you very much and as a way lies economic crisis is now a humanitarian disaster food and other basic goods are in short supply and millions are fleeing the country now a prominent opposition leader alleges that president nicolas maduro people are shifting venezuela's gold reserves out of the central bank vaults the united states is backing an attempt by opposition leader want to force majeure zero to step down and calling you elections it well it has warned international bankers and traders not to deal in venezuelan gold. at least eight tons of gold are missing from the central bank's vaults in qatar has allegedly removed on president nicolas maduro his orders that's

bitcoin is collapse the world's largest maker of cryptocurrency mining chips has pulled its blockbuster i.p.o. in hong kong it filed the initial public offering half a year ago hoping to raise three billion dollars but bitcoin has fallen by eighty percent since its peak in twenty seventeen that's made mining unprofitable for many . concerns about chinese tech conglomerate while way could spy on international clients on behalf of beijing have prompted a long running u.s. led campaign against the company but the us so far ignored calls to ban its technology and the building of its networks just the same while way finds itself under heavy scrutiny from all sides. knowing you is the way we love you in the current context it sounds ominous huawei promises a super fast chip and artificial intelligence that can record and evaluate us and everything we do believe from the product we are bringing to the market is a product of the future and what does the future bring we believe artificial intelligence. thanks to our way the future has already begun for the state security in china as western province b

jeans brand levi strauss has been valued at around six point six billion dollars for its upcoming i.p.o. the biggest in the u.s. so far this year levi's will use the funds to invest in the brand made iconic bust such as james dean and bruce springsteen. and after three years of planning and building it's time to raise the and curve the new cruise ship spectrum off the seas has left the shipyard in patton book germany nearly thirty five meters long the luxury liner has eighteen decks and space for over four thousand passengers. poland has turned into one of the most attractive destinations the students from india the number of new arrivals has been growing rapidly in recent years one reason could be the fact that poland office a unique diploma from a well known university that is recognized in all e.u. countries another the cost of living. two wheeled food deliveries are a common sight in most big cities but in the polish capital warsaw many of the careers are indians and that's somewhat unusual because poland is known as a country with few immigrants why do so many indians do this kind

savvy population the purchase of the dubai based careen comes shortly before it was eagerly awaited i.p.o. cream was established in two thousand and twelve and operates in fifteen countries across the middle east africa and asia. nice to do business with. them and attend the japanese from time. to time. began to play to the brilliance of top of the campaign the top speed up from the thing in the second. film of the squad's top play of. sixty minutes d w. what's coming up for a book loosely you have plenty to talk about you want to go to. the going to sleep go every weekend. this is the news africa coming up in the next fifteen minutes the movement of people in africa a fresh survey tracking migration passions on the continent has just been published by at least that they had a summary of the key findings for you. it makes me proud to have a stoppage the first pizzeria in the refugee camps and that's not just alone as a woman using my resume she's. a refugee from wastin so hard making dreams come true with him.

and tech savvy population the purchase of the dubai based karim comes shortly before eagerly awaited i.p.o. was established in two thousand and twelve and operates in fifteen countries across the middle east africa and asia. nice to do business with it. move. comes to the new general max you tube channel. good mine of story. with exclusive. and a must see concerning. your own. place to be curious minds. do it yourself networkers. so subscribers and don't miss out. on not think of the them just sometimes but i said nothing when. you think sneaked into the german culture looking at the stereotypes aquatics in here think this leaves the country but i don't blame. you for taking this grandmother down. it's all about. the time rachel join me to meet the gentleman from d.w. . post. sarno just couldn't get this song out of his head. colleges began searching for the source of these captivating sounds. and. deep in the rain forest in central africa. the final couple. of any. thing else. and let's look was able. to play on your. money little. did by their culture the state logo. the jungle and retur

the passengers sold these me lately because he just brushed ne of nairobi in at us have a bait the i.p.o. as the afternoon wore on a sickening realize i should sit in for passengers loved ones those on board were never coming home the carrier if european airlines expressed its condolences today is a very sad tragic day for all of us. who are on board. at the crash site just outside the city the search for answers has already begun once the shock fades the loved ones of over one hundred fifty passengers and crew on board will want answers. how could this happen on such a clear sunny die. well let's bring in our correspondent melanie cord to baal she is in nairobi where the flight was headed she's been following the latest developments for us hi melanie we just heard there from kenya transport secretary on the nationalities onboard we understand that people have been gathering at nairobi airport the flights destination tell us more about that. yes people are outside kenyatta at port at this moment they have been gathering there this is where the flight was supposed to arrive at around ten