. -- john hourican. and coming up, from new york city, you are watching bloomberg. ♪ >> this is bloomberg daybreak. i am emma chandra with your bloomberg business flash. rejecting a takeover bid from ppg industries. europe's largest coatings company turned down. ppg's offer was too low and not in the interest of shareholders. it also said that the takeover would lead to job losses. airbnb is changing its name in china and doubling its investment. the home sharing company cost new chinese name -- translates to "welcome each other with love." it is offering customers in shanghai a new service of restaurant reservations and concert tickets. ubs has become the latest bank to pass on the euro region's negative interest rates. it has introduced the change at a chart of 6/10 of 1%. clients who don't agree have to close their account by the end of april. that is your bloomberg business flash. this is bloomberg. population eurozone, -- populism has been sweeping. first with brexit and other elections at stake. we