it's going to the south of london. these companies are saying, look, i may not be right in the heart and central of london, they are finding other places around the city where rents is more reasonable. we have to keep on top of it. we have to make sure that property is accessible. emily: i want to take a look at uber. boris johnson has been fighting uber from the very beginning. the look cabs aren't happy. what is your position on uber? >> i think we need to take a balanced approach. i think what we saw from london, we think theyover reacted. uber was out there with a petition. they managed to get 100,000 signatures in a short amount time that sent strong message back to the leaders in city hall and to transport for london to say, hey, wait a minute, many londoners value uber. it's an important part of the economy. it's growing. the traffic patterns are moving out and you can see many people saying, i want to use uber. we need to have a balanced approach. black cabs are an important part of the city's history. emily: n

picking up in london.you about the bank of england and mark carney? he says the property market place is one of the biggest threats to the economy. he says it has the potential -- if everyone decides to go for the exit at the same time, there are significant risks there. would you echo some of those risks? has been very clear that it does not see a problem at this point, but it is considering what tools it might need should the needs arise. i think that is the correct approach to take. you look at the market overall, household balance sheets in the u.k. are in a much editor shape that they were precrisis. -- in a much better shape than they were precrisis. underpinning. we should be less concerned on that front. if you look at mortgage lending, there has been a real strengthening of the lending criteria. affordability criteria apply to it. more people are overstretching themselves, leaving vulnerability down the tracks. we are in a much better position. lect,it comes to buy se the bank of england is being

frenzy lapine is in london. -- francine lacqua is in london.ssels was rocked by two explosions this morning. the third explosion, we understand, was at a downtown subway station. let's get to jones hayden in brussels. this feels like an operation that is ongoing. how much do we know about the casualties and the dead? jones: at this point it seems like 10 people were killed in the two explosions at the airport this morning. we do not have the exact number on those injured there. eek, there are reports that 10 people or killed at the metro station, which is near the e.u. headquarters in brussels. francine: friday is the day that in belgium because it is the day salaam was arrested. are they linked? any firm do not have evidence, but the prosecutors in brussels say that is their main thing that they are investigating now, is what the connection is between the two attacks and if there is any some, and theh withrk -- any connection sol the slum. they have shut down the metro and the main train stations here, so we are headed back toward the lockdown

gloomy in london as march approaches, april, may, june. london, only shiny when i show up. in london. there it is. we will get to brexit in a moment. a countdown to mario draghi comment two hours we will see the press conference. >> china's president is promising to remove the barriers that private companies face in the country. they reminded entrepreneurs they of their success to the communist party. in the u.s., another mass shooting, this time outside of pittsburgh, pennsylvania. whenpeople were killed gunmen barged into a backyard party and opened fire. three others wounded and no one has been arrested. police do not know the motive. barack obama meets with the canadian prime minister today at the white house. they are expected to announce steps to curtail methane emissions. the industry will probably fight the plan. will not alter its revolutionary ideas after president obama visit this month, the commonest parties newspaper says just because cuba is improving relations with the u.s., no one should expect the country to renounce its principles. the white house says pre

finishing fourth at the london 2012 paralympics.se athletes are living and training far from home. the continuing conflict has meant they lost funding and access to their craft. but, they have not lost their winning spirit. >> tim is one of the team's greatest hoax. a group of young, disabled athletes from northern ukraine are highly motivated. many of the young athletes were orphans, or placed in children's homes by their parents when they were babies. now, the coach is like a mother to them. >> she helps make sure we get vocational training. at the same time, we prepare for competitions. first at the national level then for the european championships. >> she is hoping she will be able to take her youngsters to italy this summer. just taking part would be an achievement for tim. it was a major achievement that the group could train here at all. the town lies in eastern ukraine. this used to be the kid's summer camp. now it is their refuge. their hometown is nearby, but on the other side of the front lines. it is occupied by rushing

they will continue to find them in london. i think if you look at the story of the city since the decision not to go into the general, a story of unbelievable growth and dynamism which all poppers failed to spot. they were wrong then and they are wrong now. i do understand, one thing i've been wrestling with is this problem you raised, why is it there's a certain type of person very often and the big corporations or big banks who take this line, and i think that is an enormous european cup an enormous industry lobbyists, people involved in negotiations of conferences, all this kind of thing who are basically one way or the other turning left on the plane as a result of our membership of the european union. that is the reality, and i think the people that i think would benefit massively from this change would be i think those companies would not be remotely disappointed but i think the people who would benefit massively on the 95% of uk businesses that do not actually export to the eu's but how to comply with 100% of eu regulat

on today's program -- is london the new promise land for france's jews?n ukraine, a new iron curtain as defense from russia, and austrians rediscover the ancient belief of shamanism. the reverberations from last year's terror attacks in france are being felt right across europe. here in germany, i've definitely sensed more nervousness about a possible similar attack here. recently in berlin, for example, i was on an underground train, and there was a news flash on the tv screens there about a suspected terror attack on berlin's alexanderplatz. in the end, it was a false alarm. but i have to say that at the time, everyone looked distinctly nervous. not surprising since we'd actually stopped at alexanderplatz station when the headline flashed up. in london, meanwhile, one very different consequence of the french attacks, some of which were anti-semitic, is that increasing numbers of jewish people are leaving france, and moving to britain. we've been to meet a few of them to find out why. >> there are momnts when sabine zeitouni gets homesick for france. for

we've been measuring air pollution in central london along my daily commute using this machine.it told us that the amount of nitrogen dioxide in air here next to london bridge is almost five time the safe level according to e.u. regulations. obviously, this is not entirely scientific. ideally we would look at an average over many weeks or months, but it does suggest that the air i'm breathing in central london is not safe. the government wouldn't speak to us, but in a statement said it has plans to improve air quality throughout the u.k. and says it is committed to further action to reduce pollution. in the meantime, environmentalists are gathering more data ahowever they can. on a hill over looking london pitjantjatjara i don't knows are being-- pigeons are being fiduciary with pollution monitors. they will fly low over the city and you can read their measurements on twitter >> we have trained these birds to deliver messages from the battle field. what about delivering the message of the pollution. >> reporter: off into london's smoggy skies which just about everyone agrees nee

starting next week in london, we will install up to 1084 inch screen and the london terminal.s the biggest digital platform ever built. designing a new data-led audience-targeting platform, where advertisers will be able to change content, depending on whether information, location, and therefore basically displaying the right message at the right location to the right people. jean-francois, what about plans around mergers and acquisitions. doing deals? the strength of your balance sheet was a key competitive advantage. it will allow you to pursue external growth opportunities. very tantalizing. what kind of opportunities are you looking for? jean: we are looking at a lot of company's around the world. mostly, bulk acquisitions like the one we announced a few weeks ago. with the ex-cbs outdoor assets in latin america, which would comment what we purchased from last year. and we also acquired a business in peru. and in france, we are looking at buying metro bus, which is owned by two businesses. both, and many acquisitions are subject to regulations and antitrust approvals, for

mark: are these london specific desserts? are they global desserts? are they unique to london?e are mostly global. i guess i cannot say -- mark: it is not cheap. are you paying for the privilege of where you are sitting when you eat it? richard: the ritz is not quite as expensive as you would think. just assembling it is about 20 minutes, and they make it to order. slow gin isis a generally. jen g --in fizz jelly. richard: at wimbledon we have sham they -- champagne and strawberries. mark: i like the sound of that. when i particularly like about that is there is a choice of five kinds of roma. -- rom r --um. pistachio souffle. in the: when i was a kid south of france, i used to love pistachios and the color. when he decided to do a menu for his restaurant in london, he decided to put that on. mark: is that the most revered desert? richard: i would say that an tipsy cake. mark: when i read your piece, which is wonderful, you said was one of your favorites. why? richard: it comes with fruit, which feels healthy. is very buttery, quite sinful. betty: i would still put in new york

this is a worried london mother. >> the government's own statistics show that in london, pollution levelst come down to acceptable levels until 2025. so that's ten years away. my eldest son will be 18, middle son will be 16, and my youngest will be 12. so they will have done most of their growing, the damage to their lungs will be done. >> i cycle across london every day on my way to work on very busy streets. i wanted to know how much damage this journey might be doing to my lungs. we have been measuring air pollution in central london along my daily commute, using this machine. and it has just told us that the amount of nitrogen dioxide here is almost five times the safe level according to e.u. regulations. now obviously this is not entirely scientific. ideally we would look at an average over weeks or months, but it does suggest that the air i'm breathing in central london is not safe. the government wouldn't speak to us, but in a statement said: in the meantime, environmentalists are gathering more data however they can. on a hill overlooking london, pigeons are being fitted with poll

in london in the next two to three years and how many job losses of londoners would take, whether people losing jobs on the trading floor or clean the trading floor. >> let's talk about that -- >> and how many -- >> thank you, mr. street. i believe that the london economy along with the rest of the uk economy would benefit if the removal of a huge amount of regulation and red tape. it would also i think benefit many, many londoners on low incomes who have very poor access to the services such as the nhs or education or whatever it happens to be simply because of the pressure on those services from uncontrolled immigration. and i must be very honest about this. i'm pro-immigration. i believe it's a good thing but it's absolutely wrong of politicians to be unable to control those flows and we've seen i think the last year of which we have figures we had 330,000 net immigration into this country. that is unquestionably exercised. it's something i believe you should care about very strongly. unquestionably exercised a downward pressure on the wages of all of our constituents. it has gravely

the chinese have been invested in london. they bought property in london. the government here is wanting to increase that relationship between the u.k. and china. there are overseas bonds issued in london. there are relations that i think will continue to grow. the u.k. has, behind other countries. germany was way ahead of the u.k.. the u.k. is playing a bit of catch up. francine: thank you so much for now. the consulate is next to regents park. there may be a bank around here. that's a good question. coming up, leaders are gathering in brussels over the migrant crisis. we will discuss the economic impact. ♪ tom: good monday morning. we welcome all of you. francine is ensconced back in london. reacquaintng to herself her family after a dreadful week in new york. we have our bloomberg business flash. here is caroline hyde. : there will be a new executive at germany's second-largest bank. will succeed in april. he restructured the bank after the government bailout. the bank has cut cost. in china, regulators are financing risk in the housing market. will impo

the worst terror attack was in 2005 in london as a result of similar attacks on our .nderground and londonuses the idea that you are protected from terrorism more effectively by not being in the european union is absurd. if anything, it is the other way around. is everyave not seen year, closer cooperation between intelligence agencies in the united kingdom and continental countries. that can be done if you are not in the european union, but it is easier to do it as part of a similar organization which we have had interpol meaning terror suspects in one european union country can be extradited to the country they are due to stand trial in. we've had people extradited from eu countries to london to stand trial who would not have been able to be extradited except for our relationship with the european union. eitheruments can be used way, but i think it ought to be remotely irrelevant to the brexit referendum. mark: the former u.k. defense secretary under margaret thatcher joining us from london on the phone. more on the situation in brussels. how the markets are reacting on this addition of

anna: 6:51 in london.eferendum on membership in the eu, they are speaking out in support of remaining in the block. last year, russ shaw launched a group c. saying brexit would have a negative impact on companies trying to enter the u.k. market. manus: russ joins us now in the studio, to put a face to the voice. right. where are we in this great debate? aroundogy typically here, as we think of technology and innovation, smaller companies. mean?ould leaving the eu what is the biggest risk for the technology group that you represent, if we vote brexit. the numberi think one issue we hear from our technical advocates is shortage of talent. and the eu provides a great talent pipeline for many of the startups we see across london. and frankly, that we see across the rest of the country. that is the number one issue. i think secondly, we're looking at investment levels. over $2 billion went into london startups and scale of in 2015. anytime you put a degree of uncertainty around some in like a referendum like th

kpix 5's julie watts was at london's heathrow airport this morning. shot this video a short time ago while waiting to take off. >> reporter: hi, guys. this is julie watts reporting video, um, from the plane on the tarmac at london heathrow. um, in light of the brussels attack i have been asked to talk about the mood what's going on. what i can tell you is of course, the brussels attack are the top story on the bbc and london news organizations top of mind for everyone throughout europe, i am sure. in terms of the impacts, however, to air travel outside of brussels, i have not seen a significant impact. folks on the plane don't seem to be affected. there didn't seem to be too much increase at least visible security at heathrow. however, we are told that there is definitely increased security here. of course it's very sophisticated and may not be something that's obvious to the naked eye. what we're hearing from british news sources is that the number of injured, um, and, um, fatal injuries is growing in the brussels attacks. there were several bombings

much for your reporting in london. i so appreciate to date on what is going on. with this explosion, coming out of brussels. alstair jamison from london with the updated -- updates of what's going on in brussels. >>> i'm dara brown with nbc mousse. we have continuing coverage of the explosions that have up had in brussels at the brussels airport. we have confirmation, media is saying that there were two explosion at the airport in brussels and unconfirmed reports there's explosions in the subway stations in brussels. the thousands of people have been evacuated from the airport. this happened roughly a little after 8:00 a.m. local time on a tuesday morning in brussels as people were checking in to the international departure area, departure hall 1 of the brussels airport. we did have eyewitness accounts of what had happened. apparently the explosions went off, glass was flying in the front area. it was a lot of panic as the people did not know what was going on. obviously with two explosions emergency crews are on the scene. fire department are on the scene. and t

london? why u.s. banks want to come to london? every one of them talk about the cluster effect, the support that goes with it and they also talk about the fact that it gives you access to 550 million people in a single market. that's something that's incredibly important to them. all of them are saying, we would be off our trolley to come to europe. >> the access to 550 million people is going to remain, in my view. >> but how can you be sure? just because they would be -- those countries, those -- countries don't trade with countries. people trade with each other. businesses trade with each other. businesses need a -- businesses need a place to find capital. they need support. they need services of all kinds perform they're going to continue to find them in london. i think if you look at the story of this city, since the decision not to go into the euro, it's a story of unbelievable growth and dine mic dynamism which they have completely failed to spot. they were wrong then and they're wrong now. i do understand -- one thing i've

are you hearing any more reports in london? >> reporter: yeah, that's right. we are hearing the other reports, the death toll has increased somewhat. and that's hardly a surprise images that we saw on social media in the immediate aftermath of the attack. we're not showing those, obviously. but clearly there were some people with some fairly horrific injuries in that terminal area following the explosion, just under two hours ago. we're also seeing on social media images from these reported explosions in the subway. including people on -- who have been taken out of a subway train near to the schuman station and have had to walk around the track and be evacuated. clearly, is this a suspension of all train services people have been evacuated in the emergency and we are seeing people being treated by emergency services outside of those subway stations in the streets. so, no confirmation of what's happened on the brussels subway system itself in town. the scene showing that something very serious is under way and that people have been injured. just to emphasize ho

from czechoslovakia to spain to algeria to london. that was 25 years ago the same time andrew was writing about completing a single market. accurately predicting what would happen in a porter for europe and to your first about wall would happen post-britain and what we do, there is no reason at all why you should not be able to have free trade as it exists as i say to the borders with russia without having to free movement in the way that we currently have it. didn't exist before wall street anyway. why is it necessary? there's no reason why we should have it. >> when you spoke in the house of commons in 2003 i had the strong impression from that meeting that you strongly supported enlargement of immigration and what came with it. have you changed your view? >> i would support of the enlargement because it was in the view of the government and i thought rightly the british view that if we widened the e.u. would somehow become a more tenuous relationship and would be a looser arrangement. what happened instead is the widening of the e.

london is now under alert, as well. their airports at paris as well, so an unsettling situation across europe. if you're just tuning in, five explosions this morning around 8:00 a.m. two at the brussels airport, international airport. three at the metro stations. belgian news reporting 23 are dead. more than 30 injured. as heather was saying, this comes four days after the terrorists behind the paris attac attacks, salah abdeslam, was captured. one day after a terrorist suspect was identified. this is still a fluid situation. reports are just coming in. we're giving you all the information as we are getting it. heather, the big question still remains, who is behind these attacks? we're hearing reports of a possible suicide bomber, suicide vest. that is the big question here, that we don't have the answer to at the moment. >> the associated press and reuters reporting that at least one of the explosions there was caused by a suicide bomber, wallid ferris reporting that his sources are saying there were at least three sui

i am with mark barton in london.'s go to abigail doolittle in the nasdaq. >> as we all know, it has been a rough start for markets in the u.s. this is certainly taking a toll on the ipo activity. there have only been five ipo's so far. four health care companies and one financial company. the nasdaq is very optimistic, looking forward. they have a strong pipeline and applications this year that are double those of last year as apparently many of these companies and their advisors are waiting for singles to go public. ofnie: is there some kind market gauge that companies use as a determination of whether to go public or hold off? >> i spoke to a spokesman from the nasdaq and he says what these companies and advisers watch is the fear index. about 20, they hold off but below that level. , they become a little more comfortable another signal the nasdaq looks for is the return of these companies to the road, and the nasdaq remains confident and optimistic about the second quarter and second half on ipo market -- activity

steves: london is growing, and its underground is growing with it. historically, most london attractions have been contained within its downtown circle line, but there's a new tube network emerging, and it's clear -- london is shifting east. each morning, a thunderous high-tech workforce surges into a district called the docklands. once a gritty industrial harbor, then a neglected no-man's-land, today the docklands has been transformed. it fills a peninsula created by a bend in the thames with gleaming skyscrapers springing out of a futuristic people zone. canary wharf tower is one of the mightiest skyscrapers in all of europe. workers enjoy good public transit and plenty of green spaces for relaxing. the entire ensemble sits upon a vast underground shopping mall. in the 1700s, the thames riverfront was jammed up with shipping in downtown london while this end of town was an industrial zone with the stinky industries -- glue making, chemical works, and so on -- conveniently located just downwind from the rest of the city. in order to relieve all the

visit london are numbers are up and more we can do to attract people to london and other regions of our country. what can the government to do support more tourism and more visitors to come to como. >> my right honourable friend, nothing finer and getting out of london and to como and no better place that the paul's beach and sun is setting and waves are big and my phone is working. he is absolutely right. and "the daily mail" photographer has gone home too. that helps. but what we do need to do is get people who come to our country to visit the wonders of london to spend some time outside of london and that is what some of the new schemes we announced like for instance, the 40 million-pounds discover england fund are all about. i would urge the authorities in como to make the most of it. >> angela schmidt. >> mr. speaker, in 2014 we exported 14 billion pounds of food products with 73% of that total going to other european states. no wonder that 71% of food and drink federation members want us to avoid -- [inaudible]. will the prime minister state at prospect of improving further the ex

mere you explain to mortals what london has to fear? i don't see a replacement for london. i don't see luke johnson moving to europe. explain to me why i should be worried that london will be diminished if the u.k. exits. i think it will be improved. i think there are regulations and restrictions around us as part of the eu. i think pain in greater control of our destiny and a more democratic nation, less beholden to on elected bureaucrats in russell's will be healthy for london. i think we will thrive. kingdomng up the united of gdp chart. this is real gdp. luke has this tattooed on his left arm. the u.k. is one of the great successes of the global economy. there is that little bit of a recent rollover. do you link this into your analysis of greg's it? -- exit? global think it's a factor like the commodities decline in the slowdown in china and brazil and other countries. i don't believe the exit is inhibiting growth. francine: you need to find a chart that talks about sovereignty. it's very clear that luke is on the brexit side. this will harm the recovery. the risk of br

from london, from new york. francine lacqua holding court in london.lking with mike amey and tyler brule, who has changed a lot of media. i look at this 30-year experiment, the independent, and they go dark. they will do a digital experience. you know the challenges. where are we going to end up? up with ang to end elitist traditional media and everybody else going to a nonprofitable digital space? >> it is looking that way. you reference to "the independent." the paper will go completely dark. i'm surprised when we talk about the opportunity that was there. i thought they would say let's close monday to saturday, but they have up with an a real opp- they could have done something amazing with their sunday edition. people love "the independent" on sunday. i thought it was too much. i think the left a lot of money on the table. that paper was getting close to being somewhere near breakeven. if you could put out a compelling package in london, you could have bought it first thing in the morning or later in the afternoon, i think they could've had an inte

in london.alk inflation and dot plots. ♪ tom: good morning. this afternoon, our fed coverage with scarlet fu and michael mckee -- the right now, francine lacqua and myself drive the conversation forward with jeff currie. right now, news and political news. here is our louvered business flash. vonnie: emissions testing scandal keeps hurting the company. the last market share dropped. overall, the car industry reported that sales rose 14% of february. vw losing sales. the british serious fall off dropped a two year-long investigation into currency rating. prosecutors say there is insufficient evidence, leading lawyers to question whether they were hampering prosecutors for high-profile cases. it was the worst day in valeant history. shares fell 51% after they cut forecasts and said they would be able to file earnings reports on times. concern about their process practices have turned them into one of the markets worst-performing stocks. valeant is down 87% since august. you.e: thanfrancine: thank

and, today, i'm in the back seat of one of those fabulous london taxis. crossing the pond, i figured i'll leave the driving to somebody else. i'm here to meet an heir whose father played a big part in world history through his connection to great britain's indispensable leader in world war ii, the one-and-only winston churchill. and i have to warn you folks, they don't call this show "strange inheritance" for nothing. >> my name is nigel cudlipp. my father, derek, was a master dental technician here in london for over 50 years. he died in 2007 and left his most important work to me. >> hello. i'm jamie. >> nice to meet you, jamie. i'm nigel. welcome to london and welcome to limehouse. >> thank you. it's a beautiful spot. is this where you live? >> we do. we live on a yacht out there. please come this way. >> thank you. nigel's career is in finance, originally for posh resorts and hotels and now for a museum here in london. but i didn't climb aboardto talt that. when i was told that i was coming to london to see teeth, i thought it was crazy. do you think

it's a bright and sunny london open for you.s indicate a 6175. ♪ v guy: welcome to "on the move." 7:30 in london, 8:30 in frankfurt. we are counting you open to the european open. i'm guy johnson, alongside hans nichols in the german capital. here is what we are watching. risk on. equity rally gaining momentum in asia. the u.s. stocks have their best day in seven weeks. europe called higher, but it has a lot of catching up to do. trump and clinton win big. hillary and donald dominated super tuesday, strengthening their grip on their party's nomination.

we are flying into london and have an operating in london for a long time.e want to see a thriving u.k. economy and tourism business there. entirewhy you have the aviation industry coming out with support for staying in the european union. usually these people are competitive and it's hard to get them all to agree, so that should be an indication that we are worried about a british exit. why can't this stock get a bit of a tailwind? over the last 22 months, the stock has quadrupled. stock a top performing and top airline stock, so when you go to that kind of movement, sometimes it takes a while for the stock to get to new levels. the job of management is to focus on continuous improvement and we are implementing a major transformation and we've seen better customer service ratings than we ever have. we think the market is structurally sound and record profitability there. we've seen the national business dramatically turnaround and we are participating in growth in asia. we are communicating that story and as we keep on delivering there will be a response to

"bloomberg surveillance." ♪ francine: live pictures coming in from london. ,oris johnson, the londonbout why he has decided to vote for brexit. on the back of what we heard from draghi, we have to look at the brexit debate. let's get straight to the bloomberg business flash with caroline hyde. carolina: deutsche bank says the revenue will fall this year in the investment banking sector. deutsche bank said clients will refrain from doing deals and meanwhile, deutsche bank has cut bonuses by 11%. the iphone will have a smaller screen and come with updated components. there will also be an upgraded version of the ipad. ipad sales are in decline. therade is now targeting health club crowd. it has gone digital. according to "the wall street journal," the sports drink owned by pepsi is coming out with a smart bottle that has a microchip and a sweat patch. update customers on how much they should be drinking. tom: how about the first sentence of larry lindsey's -- "thel effort american public is angry." this is percolating for republicans and democrats. it is about inequality but much, much

this is the news hour live from london. coming up, two brothers are named as the bruce he wills bombers and another suspect is on the run after his explosives failed. >>> saving many lives at brussels airport. >>> yemen's warring parties agreed to a cease-fire ahead of peace talks next month. ted cruz back in to his push for the presidency from former rival jeb bush. >> an international friendly. >> beginning in brussels where the police are searching for a suspect behind tuesday's bomb attack that killed 31 people and injured hundreds of others. security teams uncovering 15-kilogram of explosives along with nails and bomb-making equipment. one of the bombers was identified who blew themselves up at brussels airport. his brother detonated a suicide-bomb on a train at malebeek metro station. and the man on the left is a man wh is a bomb maker who blue himself up while the one on the right escaped. >> one of the brussels attackers was caught in turkey and deported. we informed the authorities. despite our warnings that this p

bloomberg's european headquarters here in london. get to the let -- news. >> german industrial production jumped in. that is the first increase in three months. european union leaders of edge toward a agreement with turkey. it they are doubling financially to the country. plans for turkey to take back migrants are a real game changer. they welcome progress made in the talks. operation without turkey being ready to take back migrants who have been apprehended. today, we were sure this will be possible. above is a message that the days of irregular migration and to europe are over. >> china's export plunged in february. an extended their streak of declines to 16 months. it fell almost 14 months. yearcludes the chinese new holiday. there is a challenging environment. the chinese data added to evidence the world's second-biggest economy is slowing. revised data for japan's fourth quarter gdp shows the economy did contract, but at a slower pace. it was revised up from the initial estimate. news 24 hours a day powered by our 2400 journalis

in london, and 11:00 p.m. in japan. i am caroline hyde.on and you're watching bloomberg markets on bloomberg television. we are going to take you from new york to london to zero in the next hour. here is what we are watching. gloom, doom, and boom report. caroline: apple is going back to the future to prepare to unveil a smaller iphone next week. will it make a difference in the iphone sales? mark: oil prices are moving higher with stocks today. how crude prices are affecting global markets. 90 minutes into the trading day in the united states. let's go over to julie hyman for the latest. julie: we are

francine lacqua is in london. the story unfolds in belgium.tting to the point where it is a story we have heard before. security just cannot get its act together. francine: it is a story we have heard before. it is a story we have heard before, but intelligence are trying to get their act together. time thatt take more we do not have, as european countries face new attacks. tom: we need to get an update on this right now with vonnie quinn. vonnie: thanks, tom. authorities believe there was a second suspect involved in the attack on the brussels subway. that suspect reportedly accompanied the suicide bomber to the subway station carrying a large bag and may still be alive. european union interior ministers meet today in brussels and will try to overcome their divisions on how to fight terrorism. there is a report that islamic state has trained 400 people and sent them to europe for attacks. there are camps built specifically to train for tax -- attacks against the west. north korea claims it has made more progress in developing ballistic missil

restaurantshut the in london because of regulations ? >> in 2007, there were issues in regard to thai ingredients. on thailand embargo for one year in that devastated us. we lost 70% of our ingredients. irksome. we were scurrying around london to find ingredients. we created something succulent and wonderful. you are scavenging the streets. it was just difficult. i thought it was not fun. providenot able to the best food to the customers. the wherewithal wasn't there. extremes. those ♪ in 2014, your restaurant was ined the best restaurant asia. >> many voters must have been drunk. [laughter] >> you said other restaurants deserve it more? >> i am critical about what we do. i see the faults, not the results. only way to the improve is to see the errors. i was taken aback. we did not win this year. i thought, there are so many other good restaurants out there. it was the luck of the draw. take the theis claiming toreigner cook thai? >> they are incredulous. i was no better than other westerners at the beginning. i remember one of the nicest

. >> seth: "london spy." >> fred: "london spy." [ laughter ] wow, "london spy." great. it's my favorite right now. >> seth: oh, it's your favorite show currently on tv. >> fred: "london spy." >> seth: yes. >> fred: it's incredible. it's an incredible show. have you seen it? >> seth: no. >> fred: nothing. >> seth: no. >> fred: not the latest episode? >> seth: no. >> fred: oh, seth, it's so good. >> seth: great, tell me about it. >> fred: okay, s so it's this stereo store, right? and the store -- the guys are from london, ontario, in canada. [ cheers and applause ] they know the show, this is such a huge deal. >> seth: that's so great because i will admit, "london spy," i assumed london, england. >> fred: no. it is london. the gentleman who runs the james spy. [ light laughter ] and, so customer comes in and is like, "i have speakers, i've got a stereo, i got zero cables." and he's like, "i'm sorry about that." and so the customer is like, "well i'm coming here to buy-- why do you think i'd be coming here to buy, you know, anything? and he's like, "yeah, you don't have to

they have been checking in with their bureaus in london and bureaus. we heard one maybe two, and then

this is countdown to live from london. it is just after 6:00 here in london.e knew that today was good to be all about central banks. we thought we would focus more on the ecb. turns out, we have surprise out of new zealand. the surprise rate cuts from the new zealand bank, what did to the government bond two-year yields, currency falling as a result of the surprising move. thethe central bank cites global economy for doing this, further easing may be needed to meet weakness in the economy. it is ecb day, and we have people focused even more so on that scene. let us check in on the radar. one central banker decided not to give further stimulus to markets, it was the south korean central bank. the south korean currency is increasing after the bank of korea gave no change to its interest rates, against all 31 major peers this morning. at this in on oil prices, at 38.21 on nymex. but that was after some real strength yesterday, the wdi up by 4.9% in yesterday's session in new york. and because of the ecb data, let us check out what is happening with the euro as w

max, london surely is paying attention. the number of attacks directed at london and other cities across the u.k. are very real. what are authorities saying about the situation there? we know the eurostar trains have been canceled into brussels. >> reporter: they have. i know all the senior counterterrorism officers have been working closely together. what you see is another nightmare scenario. another paris. this does play into the theory what we would see is an attack on a symbolic target. brussels is that. attacking the general public and lifestyle situations and focus right now is will there be more attacks after this? what will be ringing clearly in everybody's minds is salah abdeslam, the paris attacker on the run, caught on friday, there was a suggestion he was planning more attacks. was this linked to that? so many strands to pull together. hopefully they are more organized after paris. they learned lessons from it. >> max, vrt, as miguel said, 13 people killed and 35 severely injured. the positive of multiple attac

london. ♪ vonnie: it is 11:00 in new york and 4:00 in london. i am vonnie quinn in for betty liu.is the european close. ♪ vonnie: will take you from new york to london to the salt lake city. calling out donald trump, former republican presidential candidate mitt romney's second speech -- set to speech in just a half hour and why the front runner should not be the nomination. mark: than the so-called breakfast debate, germany's -- finance minister with hide -- high-level executives in london. his stance on britain's place in the eu. vonnie: an exclusive interview with rick elio, what the leader of the world's largest hedge fund has to say on monetary policy and the markets.

rivals was's biggest to become the largest black cap service and london -- in london.dio taxi for an undisclosed price. the company would half of london's licensed taxis. basic level revenues will hit 500 alien dollars this year -- $500 million this year. -- is passing on his responsibilities and overseeing the emerging markets group. the chief investment officer will be stephen dover. he will now focus on attracting investors back to emerging markets. the largest blue diamond ever will go up for auction on may 18 at christie's in geneva. it is almost 15 carats. is likely to bring as much as $45 million. that is the latest business flash. david: cannot get enough of the blue diamond. when it comes to ecb policy, stoking inflation is the name of the game. investors often look to the eastern german state of saxony. he reports inflation first and it often sparks movement in the euro. -- smilek.a smiley very granular data. strategists have come to really look to it. gina: it is really interesting. we were talking to the saxony inflation office. they are sending 60 people o

jennifer london, al jazeera. >>> texas is bracing for more severe weather.e lightning flashes and a tornado near fort worth at least one person was killed and several others were hurt across the state. >>> aen dub a potential settlement in the home depot bah ta breach case. more than 50 million home depot card holders were affected by that breach. >>> still to come, the man behind the music. we'll look at the life and legacy of beatels producer george martin. ♪ and i do appreciate you being round ♪ >>> beatles fans are mourning the death of george martin. he died at the age of 90. he was the producer, the man behind the music, martin's impact on the beatles and the music world was profound. >> reporter: george martin became known as the fifth beatle. he was the producer to signed the fab four in 1962. he was behind nearly a dozen singles in the u.s. and 20 in the u.k. it was martin who suggested they use ringo star. many took to social media to commemorate martin. he was born in london and after serving in the royal navy during world war ii, he chose the ind