you see lufthansa on strike and ryanair picking up the pieces.they going to continue to do that? >> they are trying to be taken more seriously. they cleaned up their website, they partnered with amex, they created a bundled fair for the business passenger so you don't have to think about where your seat is. they are absolutely trying to be taken more seriously. they are seeing improvement on certain city pairs where they are in competition. even easyjet. toy are definitely angling be taken more seriously. >> easyjet part of the same story, the stock up almost 4% this morning. another potential tailwind for these airlines is jet fuel. that is not a story i heard this morning. is that something we are going to hear about soon? >> they are 90% hedged. they are very comfortable in this position. i was talking to the ceo of norwegian yesterday. he was saying it boosts the economy. that is beneficial for the airlines. with ryanair, it was important that they noted they still have the fourth quarter coming up. they have very little insight into what tha

. >> more bad news for lufthansa.y started a strike that will affect passengers. >> the airlines has canceled 1000 flights and long-distance routes will be disrupted on tuesday. pilots are fighting to keep the minimum age of retirement at 50 five and lufthansa wants to raise it to 60. let's take a look at the market numbers with the dax. it was down, giving up a little bit of territory. the stoxx 50 was down. the dow is off by 0.25%. the euro is up against the greenback, trading at $1.24. aids campaigners say this is not a time to forget the continental struggle to contain hiv. >> antiviral drugs remain out of reach for most of the 24 million sufferers who want to see more done to make it more affordable for all. >> evelyn has been living with hiv for 16 years. she started taking anti-retro viral drugs. >> it changed my body physically and emotionally. i began to heal. i had this closed. it was the breaking point. >> with health and energy restored, she educates others about the importance of the therapy and hold regu

not believe that is enough to >> left onto is -- lufthansa is demanding massive congestions from us. they are saying, either accept we are presenting or we will look for ways to handle it. we do not agree with this kind of partnership. >> a situation -- a solution must be found in the package. a solution must be found for the salary and for the transition supply. we believe we are close, but the talks must be resumed and completed. >> speaking of strikes, an unusual one going on today here in france. >> yes, small businesses are starting a week of demonstrations against what they say is the unsustainable burden of taxes and regulations here. constraints facing companies are something regularly highlighted by international bodies by -- like the european commission and the imf. >> they may not be used to taking to the streets, placards in hand, but these french business owners are doing just that. one explain to his employees why he is protesting. he has been making state glass windows in this workshops and's 1973, but keeping the business afloat has become more and more difficult. >>

but hans, how is lufthansa going on strike again? be a massive strike, 36 hours, it starts at noon, francine. it starts with short and medium haul. then tomorrow it goes into long haul. some 150,000 passengers could be affected. more than 2,000 flights may be affected. it wouldn't affect either you or me because we always fly german wing. that's the-cost subsidiary, save the company some money. i know you either fly low cost for the company or private on your own. francine? >> yeah, right. yeah, i do the office stuff. all right, hans, thank you so much. hans nichols with the very latest. that's it for "the pulse." keep it right here. ♪ >> oil and gold continue to collapse. will united states stocks the next? for the entire hour, our guest from citigroup. black friday sizzled. cyber monday and bowtied tuesday will not bailout american retail. , and protests in hong kong turned violent. police restraint is not weakness. good morning, this is "bloomberg surveillance." we are live from our world headquarters in new york. december 1. i'm

pilots for lufthansa have begun their second strike this week around -- this week. around half of their flights have been canceled through midnight. the dispute is over changes to their early retirement provisions. one more story in business, this is apple's latest invention that could have you -- prevent smashing your phone when you drop it. some of the ideas seem far-fetched, it has to be said. perhaps the most far-fetched is the mechanism that would apply compressed gas around your phone when it is dropped. if they manage to do it, i will be impressed. this is a tactic that companies often take. they patent the idea but never makes itccccccccccccccccccccccccccccccccccccccc

. >> grounded again -- half of lufthansa's long-haul flights are canceled in the second >> germany's leading consumer product review magazine celebrates a round birth they -- birthday. >> welcome to the show. the ukraine crisis has taken center stage in a meeting of top diplomats from osce nations after u.s. president barack obama said moscow was unlikely to shift its dance until sanctions began inflicting more pain on the country. >> moscow shot back immediately with president vladimir putin saying the united dates was leading the world into a new arms race. >> at the conference, the german foreign minister urged restraint and called for new lines of communication to be opened up. >> for now, a handshake on arrival is likely to be the closest the u.s. secretary of state will come to agreeing with his russian counterpart. the countries' positions on the ukraine conflict appear in irreconcilable. >> thank you very much. >> russia continues to supply new weapons and increase support for armed separatists. in doing so, it fails to meet its international and osce obligations, and to live

. >> left anza passengers -- lufthansa passengers are in for more disruptions. pilots just finished 18 of-day strike last night. now they plan to walk off the job again on thursday. >> this time around, the strike will target long-haul frights -- flights and freight planes. the flight union is in an increasingly acrimonious standoff over an early retirement scheme. the strike on monday and tuesday led to the cancellation of well over 1000 flights, affecting some 150,000 passengers. >> all right. we're going to take a break. after that, the 30th anniversary of the worlds and -- worst industrial disaster in india. also, germany tightening residency laws making it easier to eject lawbreakers. stay with us. >> welcome back, everyone. 30 years ago today, a pesticide in an indian city leaked a deadly gas into the air, killing 20,000 people. it became the world's worst ever industrial disaster. today, protesters took to the streets to demand compensation for the victims of the tragedy. >> as we hear in our next report, their suffering is still continuing today. >> this

another strike hits lufthansa.e began today and will run through tomorrow at midnight. it extends a dispute over money and benefits that has crippled the airlines for months. lufthansa says it will affect 150,000 passengers and 1300 flights. the white police officer who fatally shot a black teenager during an august confrontation in ferguson, missouri has resigned. darren wilson's resignation is effective immediately. the mayor says it comes in response to threats. he will not receive severance payment or continued benefits. a grand jury decided not to indict him in the death of michael brown. with the aftermath of the ferguson shooting, several st. louis rams players get mistreated solidarity with protesters before yesterday's game with the oakland raiders. they walked onto the field in posehands up, don't shoot" popularized by protesters. those are your top headlines this morning. >> this matters to our guest host, the chairman of the national feet all right -- national retail federation. will 2015 bring a bonanz

. >> lufthansa is going long.cutive will press ahead with a new low-cost long-haul carrier in the face of opposition from pilots who announced another strike yesterday. hans nichols is with us from berlin. we caught up with him. what did he have to say? >> they are going to base this new low-cost long-haul carrier in cologne. it is going to fly to southern africa, the indian ocean, and florida. he is quite optimistic about their ability to compete. >> this is about offering the customer an additional choice. brand, additional business model, additional product. this will be successful. but this strike continues. it is either the 10th or 11th strike that lufthansa has had this year. there is a report out that they cause the adjournment economy -- the german economy 25 million euros per day. what you have here is a standoff between the pilots that see a very profitable company and the company itself that wants to make its flight unit more profitable. take a look at all the different divisions. see, their airline div

left on the has canceled thousand -- left on the -- lufthansa has canceled thousands of flights alreadybowlff says up hotels might be open around the world, including bali. >> it would be between five and seven years. they are shipping. it is about 20 because it responds. [indiscernible] the u.k.talk about economy. we have george osborne delivering his statement. nhs funding, roadbuilding, those seemed to be well trailed in the press this weekend. what do you think he needs to do? what is his strategy going to be? >> he has been steady as she does. yes, there was extra borrowing we were not planning for, but the strategy is intact. >> he is not getting as many tax receipts. -- tax receipts as he hoped. >> that strategy has reached the end of the road. the decline in the government's deficit has been accommodated i the decline in the star plus -- surplus inine in the the private sector. it has been declining. it is partly what has driven our economy -- our recovery. the private sector financial balance is zero. basically what is happening is the government deficit is in effect the a and

pilot will out on the job -- at deutsche lufthansa. pilot will walk out on the job.ine's german wings will not be affected. glaxosmithkline is set for the planning for reorganization that would include hundreds of job cuts in the u.s. and london. they are still struggling to sell machines in the u.s., which is the biggest market. this comes after the drugmaker pledged to cut costs by one million pounds over the next three years. have sufferedto more than $100 billion in redemption from its top funds. the financial times reports that pimco has accounted for half of the funds after being hit with the biggest outflows this year. the company's poor performance predates bill gross' departure. to one of our top stories, vodafone is considering a link with liberty global to create a phone, internet and tv company worth more than $130 billion. this according to people with knowledge of the matter. joining us with more is matt campbell. of work toent, a lot come, how close? >> while this is very real and something vodafone is exploring, it is important not to get too excited

have been screwing people for years -- adam: don't give you free liquor delta, united, american, lufthansaill give you a free scotch in coach. just got one about a month ago. >> absolutely agree. it is ridiculous. they have been doing this for years. making you take layovers when you can fly direct lift make it more expensive to fly direct as opposed connecting in their hub. it is stupid. and suing a 22-year-old kid making money. adam: we'll have the 22-year-old kid on five. watch the gerri willis program. got to let you go. did you use the "s" word on this broadcast what the airlines are doing to us. >> absolutely not. adam: thank you very much. chik-fil-a is probing a potential credit card data breach. the fast-food chain received reports of unusual activity involving payment cards used at a few of its restaurants. we'll bring you more about this this is popular restaurant chain in the united states. a lot of people have used cards there. time to wrap up 2014 with some of the most memorable money headlines. what had poor joe biden looking so sad? we'll bring you back. some of the most po

lufthansa is flat, but up to 150,000 passengers are likely to be affected by the ninth strike at lufthansa. almost half of the airlines flights for monday and tuesday have been canceled. flat so far today. e.on up 4.2%. the company says it wants to spin off fossil fuel and nuclear generation company into another company and focus on renewables. and balfour beatty is up. the construction company is likely to be split. john lang says the deal will be funded with a share issuance. altice up around 5%. it agreed to buy portuguese assets of telecoms group oy in a 7.4 euro billion dollar deal. here is more on the deal. >> this is not listed in paris but it's controlled by an israeli billionaire. the company was not known in france, even though it was owned by a cable company, but it's now well known since it bought the former telecommunity. over the weekend altice confirmed its ambitions to become one of the largest telecom players in europe with this acquisition in portugal. they will pay 7.4 euros to buy pt portugal from a brazilian company it will finance this acquisition mostly via an increa

lufthansa and another airline already do this. now, this airplane will land at sfo just pass 12:00 this afternoon and take off again at 3:30 this afternoon. for final for emirates. >> thank you, scott. >> 6:36. a pilot able to walk away after crash landing his plane in the middle of the freeway. and this isn't his first brush with death. we'll explain next. >>> a group calling itself ferguson action wants people all across the country to walk out of school and out of their jobs this morning to showcase solidarity with the missouri community. yesterday before kickoff against the raiders, several players walked out of the tunnel with their hands raised. the gesture has become a symbol amongst protesters. the st. louis police officers association is condemning the players' actions. no word whether anyone from the raiders front off knew about that plan. >> the mayor says darren wilson won't see a severance package or any further pay or benefits from the police department. they say he has been getting death threats and decided to leave

. >>> lufthansa is planning to compete in the market with other european low cost carriers and mightyrrier. the service could operate on its own or part as a joint venture with turkish airlines. flights could happen winter 2015. let me tell you this. pilots are doing it again. they're going to strike tomorrow, thursday. it will be the pilots flying routes and cargo flights. that's after the stoppage monday and tuesday that affected 150,000 passengers. >>> the british finance minister will deliver his budget statement on the uk economy before parliament in hour's time. he's expected to lay ground work of financial plans. he's expected to address the measures of insufficient tax payments from big guys, big corporations like starbucks, amazon and google. we're going to keep a cross on that as well. lots going on. tweet me. i'll tweet you back. get me @bbc aaron. business news coming up on "gmt." >> we'll see you then. >>> israel will hold a nap election march 17 next year. netanyahu took office last year. there's been a number of issues including the budget. he sacked the finance and jus

the airline says 150,000 passengers will be affected by the walkout and lufthansa has canceled flightan francisco and san francisco for the and sfo and >> dubai will begin biggest flight avenue between san francisco and the emirates today. three other carriers fly the double decker to san francisco. the emirates 380 has a special feature exclusive to the airline: onboard shower reserved for first-class passengers. >>> it is nice to have you, lisa. >> exciting weather, too. we have needed this. more is to come. this is the biggest system we have seen in at least a year or two. it is on the way. anticipated to hit the bay area tone. live doppler hd has a few showers from half moon bay through woodside and boulder creek so we have showers and pockets of fog in the north and east bay. give yourself extra time because the pavement is wet. temperatures are in the 50's. 59 at half moon bay. 52 in redwood city. in the city, 57, emeryville is quiet. we are looking at mid-50's across the board and santa rosa and petaluma and fairfield. in the east bay valley we have dense fog dense fog. we have

the airline lufthansa is prep e preparing to battle the low cost carriers and mighty gulf state airlinese question we're asking is can the germans make it work? >>> the world's worst industrial disaster in central india happened 30 years ago today. victims of the strategy say the effects are still felt. protestors have been on the streets to mark the anniversary. nearly 3,000 died after a gas leak from the chemical plant this the state of pradesh. thousands more are thought to have died from after effects. let's take you to delhi. we have a few problems there. she has been to talk to some of the victims. many people say that even though it's been 30 years, they are still feeling the after effects. they want the owners to be punished and want compensation. >> reporter: bushra is 3 years old. she has down syndrome. this boy is six and has cerebral palsy. this 12-year-old can't walk. all of these children were born to parents who were exposed to the gas that leaked from union factory. this home is less than a kilometer from the plant. her father was in this room at the time of the disaster.

the lufthansa strike ends tonight in the meantime. >> two campaigns setting out to change the way consumerst. you get to decide which project you would fund. jolla is the first crowd sourced smart tablet. allows the community of users to create and share new apps and functions, allowing the tabl et to continually evolve. the goal, $380,000. so far raised close to 1.4 million. lantern taps into the global satellites to the get data. it stores the information around the world gives users free internet data from any location. the campaign goal, $200,000. currently nearly 300,000 in funding. who should be this week's tech crowd leader. >>> welcome back. cyber security firm fire eye has released a report identifying a the cyber ring carrying out attacks against public companies in attempt to gain the stock market. how safe are our stocks? kevin mandia is the ceo of fire eye. kevin, this appears to be an attack trying to get information out of corporate systems, inside information. and then trade on it. is this unusual? the first time you have seen this? and how did you discover it? >> it is not

carriers and lufthansa and other ss have is a fine in-house meteor ologyology departments and they tryo keep the pilots out of that weather. >> you think most of the time it is pilot era and not outside forces so to speak? >> well, akccording to the national transportation safety board and i have crunched the numbers, 3/4ths of the time the chief causal eraror is pilot error. and you could have speed indicator warning on the plane that directive was issued in december and a number of things that could go wrong, but usually what the nshgstsb finds, and there won't be a ntsb investigation this this case but the pilots should be trained to handle these emergencies and thing to go wrong and that is why 3/4. >> and isn't part of the problem, as we talk about here, the pilots don't always follow the protocol here? >> exactly. they don't always follow the protocol, and sometimes they don't understand the situation they are in. and for xamexample, if something is going wrong on the plane and they have not encountered it or trained for it then they have not had the training to deal with the pro

lufthansa has cancelled half of its flights tomorrow and tuesday.for yet another strike. 150,000 passengers, mostly on short hall flights within germany and europe, face that current or this current disruption. europe's biggest airline wants to phase out an early retirement scheme that pays pilots up to 60% of their final salary from the age of 55. not bad if you can get it. the price of oil -- boy, it continues to plummet. u.s. crude has fallen below 65 bucks a barrel for the first time since july 2009. the news, though, as boosted airline stocks. they're loving it. shares in australia's national carrier quantus, and the highest level since june of last year. investors say oil prices are set to fall further. >>> and today, it's monday. yes. but it's cyber monday. if you thought you'd seen the back of retail mayhem after last friday, black friday, think again. because today is expected to be one of the busiest days for online shopping before christmas. a survey for royal mail suggests ten million britons will start their shopping on what's become, a

and lufthansa is set to begin a two-day strike on short and medium-haul flights monday and tuesday.ws. by 1914 the dodge brothers and set out on their own.pany they believed in more, than the assembly line. they believed driving was a holy endeavor. a hundred years later the dodge brothers spirit lives on. i'm d-a-v-e and i have copd. i'm k-a-t-e and i have copd, but i don't want my breathing problems to get in the way my volunteering. that's why i asked my doctor about b-r-e-o. once-daily breo ellipta helps increase airflow from the lungs for a full 24 hours. and breo helps reduce symptom flare-ups that last several days and require oral steroids, antibiotics, or hospital stay. breo is not for asthma. breo contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. breo won't replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems. tell your doctor if you have a heart condition or high bloo

mexico fund the pilots are set to strike tomorrow -- pilots -- lufthansa pilots are sent to strike tomorrow the $20 million victoria's secret fashion show came to london last night. victoria's secret turned over $6.6 billion last year. it operates over 1000 stores. bloomberg caught up with its ceo. >> it is very exciting for us. , weg an international brand opened our store over three years ago, it is such a wonderful feeling to be here. it is one of the fashion capitals too, london. last night, they had the london fashion awards. we were there. $75,000them raise about to bring new kids into the fashion world. very exciting to be in london. >> with christmas just around the corner, it is the most important time of the year for retailers across the world. after an underwhelming black friday, we asked the victoria's secret ceo if she is still optimistic for the holiday season? >> we are cautiously optimistic. we are excited about what is going on. we are very well-prepared. all in all, i think we are going to stay optimistic for this holiday season. >> up next, paying it forward. yesterday wa

and weeks before that another cloud deal with lufthansa.'t think ibm is dead yet and far from dead. i mean, ibm, first of all, here's an interesting statistic. i think the share buybacks negative kind of perception way overstated. the fact is over the past three years, ibm used 84% of their available net income to buy back shares and that number over ten years was 93%. so they have scaled down the share buybacks. now, yes, they are in a huge period of transition as they get into more cloud business but the ceo is intent on putting the money where her mouth is and made significant investments in the cloud and will come back strong next year. >> i'll agree. they're not dead yet and do this for a while longer. they're using the right buzzwords. transition to the cloud. analytics. in the end, bill, ceos understand investment in r&d cap-x has a long-term pay back and may not be around to reap the benefits of the reward and what they do is goose the earnings right now, goose eps buying back stock and get a bigger piece of the stock compensation p

people both airbus and boeing say they do not design these planes for the likes of british airways, lufthansa training for pilots. they design them. in many case, developing countries, where the pilots and the level of training may not be to the same high standard. that's the truth. no one will say that that's the issue. >> i understand these will be conversations we will be having in the coming days and weeks. i want to pull back to this exact scenario here sean why is it we don't know of a mayday call issued? we know it was four minutes after the plane was operated after they had increased altitude four minutes, there was nothing. why was there no mayday called? >> so considerations here. first of all, this is not uncommon. this is something we have seen over the last 40-plus years with air carrier accidents. but there are two things to think about here. one would be where they were unable calm for some reason a fire some problem where they were disabled or more likely it's a task saturation. as a cognitive engineer we look at cognitive band width and the ability to all the things that have