constance hunter of kpmg, you are sticking with me.ny charts we are using throughout the show, if you go to gtv on your terminal, you can browse the features and check them out. gtv . this is bloomberg. ♪ viviana: you are watching "bloomberg daybreak." shares of grubhub falling in premarket trading. the food delivery service pushing back against reports that the company may be for sale. a spokesman says grubhub is confident in its growth strategy. on the run proving expensive for carlos ghosn. the bloomberg billionaires index estimating that is $120 million fortune shrinking by 40%. is escape from tokyo to lebanon could have cost $15 million or more. plus, he forfeited the $14 million in bail he posted in japan. that is your bloomberg business flash. alix: thank you so much. cannot get enough of that story. another story the caught my eye was a company rushing to borrow over the last week while they still can. this is the backdrop of the tensions between the u.s. and iran, and the worry that that could roil the markets. invest

the books are part of a program run by the accounting firm kpmg, which makes a donation when a sponsorent. >> the kids may not know who pro golfer phil mickelson is, but it will spark their imaginations. >> the libraries are connecting with their favorite books and characters and things they're interested in. just having the help of making the space feel welcoming or new or with the books and the environment just makes a huge difference. >> and what we want is all around the world for kpmg to be making an impact on the communities where we live and work. >> well, all told, the school will receive more than 3500 new books. >> that's awesome. "world news tonight" with david muir is next. we appreciate your time. >>> tonight, the unsettling move. the u.s. now expelling more than 20 saudi military trainees right here in the u.s. the attorney general is now calling it a terrorist act. the deadly shooting at a u.s. naval air station in pensacola. what they've now learned. and the move tonight to expel those saudis who came here to the u.s. to train. >>> also tonight, the images coming in now

will hawkley is global head of leisure and hospitality at the consultants kpmg.eresting, all those people collett was talking to there. a wonder whether we are in danger as a result of the rise of these apps as a kind cook won't cook generation, are we deskilling as a generation? my are we deskilling as a generation? my children still do food technology at school, my son came home having cooked. what did they cook? needed croq monsieur. we did some research and 43% of people said it was still and 43% of people said it was still a treat to order a takeaway. so it is convenient but it is also a treat so is convenient but it is also a treat so that is what is driving people to order, friday, end of the working week, i will order a takeaway and relax. it's in that sweet spot, isn't it? it seems to work for consumers but hey wonder if anyone is able to make any big money in this industry? at the moment it seems to be working really well, because he would have seen the retail figures yesterday about the high street and how hard it is for everyone, the restaurant indust

the books are part of a program run by the accounting firm kpmg which makes a donation when a sponsored golfer wins a tournament. the kids may not know who pro golfer phil mickelson is but their principal says the books will spark their imaginations, nonetheless. >> the library is a place where kids are connecting with their favorite characters and their books and things they're interested in, so just kind of having the help of making the space feel welcoming or new with the books and the environment just makes a huge difference. >> and what we want is all around the world for kpmg to make an impact on the communities where we live and work. >> in total the school will receive more than 3,500 new books. >>> after a great win over the weekend, the 49ers will host the green bay packers in the nfc championship game this sunday. fans today stopped by the 49ers store at levi's stadium to stock up on merchandise before the game. the niners' winning postseason is having a ripple effect certainly well beyond the stadium. it's bridnging tourists to town >> it's very exciting. i was out last week

walid from kpmg instead of lisa avis. >> i'm pleased to introduce chi walid. she is a senior manager over our audit. we worked with her for several years. it's always been a pleasure to work with her and she will be presenting the required information to you as the board. >> if you could just make this high end, just the important points. >> great, thank you. thank you, everyone. as you probably have in your audit package, it's a copy of the presentation. i will go through, assuming you had the opportunity to read through them, i will go through high level some of the key points. on page 2 and 3 -- 2 to 4, this is kind of like a summary of the required communications. i do want to highlight that the scope of the audit was the financial statement for the year ended june 30, 2019. kpmg did issue an opinion on the financial statements as well as a report on the internal controls in accordance with government auditing standards. both were, i would say, unqualified opinion, which also means a clean opinion. so there were no audit or corrected misstatements or inter

future for business when it has failed financially, they have just put out a statement, they are called kpmgplaint of beales and disappointing trading over christmas which they've all been hit by. and if you think debenhams is in the throes of closing 19 stores. house of fraser had to be taken over, even john lewis which is quite a big internet presence, has warned its staff that they might not get their traditional bonus this year because times are so tough. and what they will do it now, the administrators, is trying to find a buyer perhaps, during that time they are keeping the business running, all the shops and the thousand plus jobs, they will carry on but they are talking about weeks so it's a real worry, for customers, vouchers will still be valid for that time. they will still be able to return things according to the traditional policies. simon, many thanks. england's cricketers have won the third test against south africa by an innings and 53 runs in port elizabeth. olly pope, who scored his first century for england, and took six catches was man of the match. joe wilson reports. u

we are joined by kpmg partner. we have already seen l start to 2020. let's look at last quarter.l estate -- listings in the region in up to a decade. citigroup, morgan stanley among those predicting more offerings for the first half of this year as investors and issuers start looking past trade tensions and avoid uncertainty around the u.s. elections. they are later in the year. the outlook will depend in large part what happens in hong kong where months of protests have hit investor sentiment. you can see the city exchange is still the busiest listing venue. that is nearly topping new york. and some warn the appetite for ipo's will be waiting in 2020 after eye-popping returns last quarter. haidi: that is right. let's get more on the outlook. the macro picture certainly weighing in on things. -- is the head of great to have you. give me a sense of what you are feeling going into 2020 as for the level of activity and positivity in the mainland and hong kong. i think 2019 and did very well in terms of the amount of funds raised. also number of companies that went public. looking at

the administrator kpmg has said beales will stay open for the time being, but if the administrators can't well, they didn't have a great christmas, and they have been struggling with high rents and business rates. it lost £3.1 million in the year to march 2019. they did actually try and find an investor last year but they were u nsuccessful. investor last year but they were unsuccessful. but these businesses are of course something of an institution. bournemouth hq. beales has stood here for nearly 140 years. stores like these have been cornerstones of written's high streets for generations. 300 miles north, at another seaside town, shoppers in southport are digesting the news that another big store is under threat. i remember a time when it was buzzing, you know, and there wasn't so much internet shopping. it wasn't so much internet shopping. it was more so you need is something you had to go out and get it. every time we drive down the street on the park and ride bus, it is like another shop has gone. 0r lord street, it is really sad, because there's so many different shops that have go