up at the top, financial services up 1.8% no doubt lse is driving that basket higher.ell come is up here deutsche telecom is a big mover after the approval from the department of justice for the tieup between t mobile and sprint so that's giving that sector a bit of a boost this morning. but on to travel, as ryanair reported first quarter profit that beats expectations. the budget airline backed its full-year guidance but warns it expects average fares to fall 6% in the first half due to overcapacity and brexit concerns >>> extreme weather, technical faults and strike action led to severe disruptions across the british transport network. travelers were delayed and stranded at heathrow airport and gatwick. flooding and strikes caused chaos on the rail network over the weekend alongside partial closures on key london underground lines. >>> and luft han sa is considering a shift towards a holding structure. the airline executives are actively discussing the issuiss. a company spokesperson said only that they regularly review group stock shares and lufthansa reports earnin

joining us on the lse deal.rtainty is having an impact on the aviation sector .nd an impact the cfo told bloomberg the airline had been forced to cut contributed to a 21% drop in earnings. has been -- in the last quarter. there is a lot of capacity in the german and austrian market. due to the uncertainty around what may happen with brexit. we are continuing to grow strongly, a very good cost base for the rest of the markets. the structural cost advantage of everybody else which is enabling , but i think longer-term and the strength of our balance sheet means we are in a very strong position to participate, particularly as we look into the winter with this low environment i think there will be a number of consolidations. in the opportunity they will reside -- rise as the result of that. >> in terms of that consolidation i guess that's how , that us bankruptcy takes out the over consolidation. what role will ryanair play? >> we will continue to offer the lowest fares and costs and our objective is to grow to 200

the lse share price has steadily go up over the past 12 months to give it the currency to afford thisou what, people sbrn trying to break down that bloomberg wall for 25 years. i worked there for a long time good luck. it could be a massive deal, $27 billion bucks. great job breaking the story to you and your team. thank you very much. >> thank you. >>> now let's turn to trade because the u.s. trade delegation set to fly to china today to resume high level talks. joining us now is john rutledge. good morning, john. >> good morning, brian. >> it feels like a lot of light dating does anything ever happen or is this polite hellos and a couple finger sandwiches. what's going to actually happen here >> unfortunately it's that it's like when you have dinner with an ex-spouse because shouldn't we talk, you know? and so, this is the first get together since -- >> it's like why are we doing this >> that's right. it has to start somewhere. it blew up in may. it's coming back together. that's good. if this week works okay then they'll come back to washington the following week or week after that

y con esta esperanzadora historia cerramos lse joven que seguro serÁ muy exitoso, de un hermoso gestoiernes y estas son las noticias la administraciÓn obtiene la aprobaciÓn de la corte suprema en un muro fronterizo el mismo dÍa que guatemala hacen aquí migrantes centroamericanos pidan asilo en su territorio mÉxico y honduras firmarÁn un acuerdo que busca impulsar el desarrollo de la producciÓn agrÍcola hola irregulares federales aprueban por 26.500.000.000 $ comienza la ediciÓn nocturna muy buenas noches, la ofensiva del precio evidente donald trump se anotÓ hoy una doble bic doria por un lado la corte suprema determinÓ que su gobierno fue de disponer de fondos del pentÁgono este el mismo dÍa en que guatemala cediÓ a las presiones y se convierte a travÉs de un acuerdo el llamado tercer paÍs seguro vamos con informaciÓn de esta jornada. >>donald trump tuvo dos victorias en temas migratorios, uno respecto al muro con mÉxico y otra respecto a guatemala la corte suprema autorizÓ que el pentÁgono gaste 2.500.000.000 $ para construir parte del muro. mientras el tema aÚn estÁ mitigÁndose en

lse is surging this morning up 15%. they are in talks to acquire refinitiv.stest-growing business. sports direct down nearly 10%. when it opened up at the start of trading, it had its biggest drop in 12 years. is the reportar was 10 hours delayed. they wanted to get more of their books in order and the cfo will be stepping down. under pressure this morning, sports direct. nearly 5%.m up it is looking to bring in just eats. we are seeing a rival in the space of food delivery. the company's valued at $11 billion. anna: annmarie hordern with a couple of the movers. coming up on the program, bloombergs editor in chief sits down with mexico's president. we will bring you that interview throughout the day here on bloomberg. you can see that interview a little later on in the programming. this is bloomberg. ♪ welcome back to bloomberg markets, this is a european open and a big week for the world economy. a bank of japan rate decision kicks off a busy few days for the world's central banks. meets withlighthizer his chinese counterpart in shanghai. and jay powell and

. >>> still ahead this morning, lse time of year when nearly everyone trave. >> we are showing you how to keep your personal information safe from hackers while on the road. >>> we are taking a look the new law in effect in our area and coming up how two of those laws will make schools safer. news4 wilbe right back. >> today at 5:00, summer means one thing for kid. >> fun times, swimming in the pool. >> before your little ones head for the pool on a hot day we will brush up on swim nowledge we all need to be aware of at all times. >> we will held you dispe >>> welcome back. at 4:40,ew a n survey suggested grandparents should do more to c keep presription away from their grandkids. the surv asked more than 2,000 adults whether they change their habits when grandren visit. more than 80% say theyo not. barely anyone said they lock the drugs up. t cdc say kid younger than 5 go to e. every year for taking medicati medication. r>> most people who take pot pain say it is working. 80% found it extremely helpful. most say they reduced or stopped taking other pain medications, including opioid.

and secondly lse, the london stock exchange in talks to ta ke london stock exchange in talks to taketo take over a non—household name, essentially a data analytics company most known in the industry and finance for running a competitor to bloomberg. big deals and i think what it shows is there's a lot of money on the private equity, you saw cobham uk defence company and private equity talks last week, a lot of deals, a lot of money sat on the sidelines waiting to do deals and we are starting to see that come through. even in that climate, there isa through. even in that climate, there is a pent—up demand for things like that, the central bank still nervous about what might happen next and will hear, we will hear from the fed as michelle touched on, we heard from the ecb last week of the bank of england and bank ofjapan this week, what are they thinking?‘ of england and bank ofjapan this week, what are they thinking? a big week, what are they thinking? a big week for central banks, the revenues will be around the fed on wednesday, what we expect the bank of england on thursday is very

up, our interview with the lse and ceo. this is bloomberg. ♪ executives have converged at an annual conference. i am here with the co-ceo of atlantia. what are your impressions so far? >> it is amazing. like walking around inside of business books. it is a starstruck atmosphere. we have a real place here and we are to do some real work. >> who is the most interesting person you spoke to? >> i have been tempted to ask for my first or second selfie ever. how did that go down with your bankers? >> fine. nobody disagreed with our statement about the m&a process. they may have disagreed with our way to attempt to improve it or solvent but it has been pretty well, the legals like it less than the bankers. >> is free to use. everyone can use it. has the been any uptick that you know so far? asked not so far. we have done 20 plus deals and we are experienced at doing this. have put down a set of terms that we think are very reasonable and fair on both sides. bitif anything a little buyer unfriendly. you end up hating each other by

plus, tell lse tesla soaring asd e-mails has people running to stocks it was powell-palooza as the chairmanave wall street what it wanted, the dow soaring 300 points the s&p 500 doing the same, breaking through 3,000 five years after hitting 2,000. the nasdaq closing at a record high for more on what powell said and what we learned from today's fed minutes, senior economics report steve liesman is here. >> in the house. >> onset in the house >> how am i supposed to cover the federal reserve when you put up a graphic like powell-palo oo, za >> what is wrong with that it captures the sentiment ♪ celebrate good times >> i was doing that. if you goad them in the control room, they will take the bait every time >> yes. >> so i think it was powell-palooza is not a bad way to characterize it it had every opportunity to push back on the market being darn sure there was a rate cut. instead of pushing them back he said, come on, we are going more in terms of -- i don't mean more in terms of more rate cuts, but you can be more sure he emphasized the negatives and down played the positives. >> what i t

. >> i'll tell lses on you. >> it's hard to believe we accomplished that. >> reporter: armstrong and up left them covered in mystique. armstrong died in 2012, but his name never will. >> it's a brilliant surface in that sunlight. predominantly gray. an interesting place to be. i'd recommend it. >> reporter: what's old is enough again for nasa. the new mission is to put more men and the first women on the mo moon. the goal is to do that. it proves how difficult and significant that first moon landing really was. >> that's right, mark.you kn, t. walter cronkite was rooting for them back in 196. >> i'm nervous all over again. >> the speech writers were prepared to speak if they didn't make it back. those who landed in peace will rest in life it. was never used. walter cronkite takes his glasses off and says, wow. nice commentary. i'll take that. on "ctm" tomorrow i'll be at th eastern. 9:32 is when the lift-off was. >> safe traveling to you, tony dokoupil. >>> coming back, pulitzer prize-winning author is here. there he schl he's here to discuss this new novel. called the nickel boys. >

we at lse have a very extensive relationship with the v.a. they v.a. has in most cases with us so we have a lot of communication with them, starts at the head but also my team meets with, with monthly meetings with them. we also have five monthly meetings on the 714 process which involves discipline. but in addition to leadership you also have threat education you have to people know what the whistleblower laws are. obviously once you the commitment then abide by the laws and then finally you also need accountability. you have to discipline, accountability. this is what osc policy concers will to try to assist this culture change at the v.a. >> it takes time to change culture. i think that culture was in place for a number of years. a a little more than a year agoe were doing with the office of accountability and whistleblower protection by fighting with them about access to documents. certainly we've come a long way from that time. i think with dr. bonzanto,, their head in the right direction page going to take time and with whistleblowers they have t

plus, tell lse tesla soaring asd e-mails has people running to stocks it was powell-palooza as the chairmanll street what it wanted, the dow soaring 300 points the s&p 500 doing the same, breaking through 3,000 five years after hitt