berlin is taking form the bankrupt airline stated after a board meeting on monday negotiations with lufthansa and easy jet are being held until october twelfth if you miss one interview in comedy. considering the difficult situation i'm relieved to say that after our negotiations we're on the way to achieving good job prospects for around eighty percent of our colleagues are terrible and then with our betters in. so fins and technical details will be thrashed out in the coming weeks and any final deal will need to be approved by european regulators at stake of the carriers one hundred forty least aircraft coveted landing and takeoff slots at german airports some prime berlin real estate and the livelihoods of thousands of employees easy jet is only interested in parts of the passenger airline while the town's a spade includes austrian airline nikki as well for sale she generates some three hundred fifty million euros two hundred million of which will come from love tons of that's good news for the german taxpayer because the one hundred fifty million euros in bridging loans provided by the ge

she generates some three hundred fifty million euros two hundred million of which will come from lufthansa that's good news for the german taxpayer because the one hundred fifty million euros in bridging modes provided by the german government can be paid back in full . it was say oh says the firm is willing to change in order to regain its operating license in london the authorities that welcoming talks with the right hand in for. the new c.e.o. of goober dare a closer shot he apologized for hoover's past mistakes on monday in a public attempt to show london authorities that the company is willing to change to retain its right to operate in the city because rasha acknowledged that the company got things wrong during its global expansion london's mayor said he con appreciate it khosrowshahi is apology. i welcome the humility shown by the c.e.o. of global who but today he's apologized to london as for the white uber have behaved i wish the u.k. would have the same humility and but hooper officials in london insist that they've complied with all of london's laws it just to be very clear to t

correspondent: the bank of berlin stated that negotiations with lufthansa and easyjet are being heldntil october 12. >> considering the difficult situation, i'm relieved to say that after our negotiations, we are on the way to achieving good job prospects with our bidders. correspondent: technical details will be thought out in the coming weeks and any deal will need approval from lawmakers. easykejet is only interested in parts of the passenger airline. the sales and should generate some 315 million euros. that is good news for the german taxpayer because the bridging loans provided fo --provided by the german government can be paid back. brent: u.s. president donald trump said north korea's leader would not be around much longer. north korea saying it has the right to take countermeasures and stating the u.s. has in directly declared war on the country. she is on wall street. comments from north korea have made some investors cautious. correspondent: even if trump say s he did not declare war on nort h korea, if north korea heard war they are going to act accordingly. that is what

lufthansa is already leasing 38 planes from air berlin.ther bidders include a british low-cost carrier, easyjet, and several german entrepreneurs, some of which don't have a connection or little connection to the aviation industry. we will see on friday two of these has the most credible offers. gerhard: bidders are lining up everyone is criticizing the pilots. don't they have a point? christoph: the situation is the following -- passengers are aggravated because of these strikes because planes are not taking off. this will likely have a financial impact because every airline needs bookings, which means they need the cash spigot from people for service these people only use in the future. not knowing if your plane is going to take off, if you are in limbo, that undermines the trust in the company and you think twice about booking. so, these diminishing -- the diminishing trust in the company will have an effect. and these wild strikes have become a nuisance. in the last couple years we have seen them. in this case, with air berlin, the pil

how you got to get us welcome to the show and please fasten your seat belts germany's flag carrier lufthansa is reportedly in talks to buy a large chunk of air berlin it's considering a takeover of the insolvent airline subsidiary nikky a spart of a bit to split up the bankrupt company air berlin's remaining assets could go to easyjet and contour another big german airline the company's board of directors is due to discuss the offers and make an announcement later on now the decision to air berlin future affects thousands of employees who far or fear rather each working day that the could be the last for the company. or layoffs just around the corner air berlin ground crews could soon be out of jobs what routes will remain how many flight attendants will still be needed in a few weeks or months press reports now say the bankrupt airline is dropping all of its long haul flights beginning october fifteenth. the situation for air berlin staff has grown precarious we don't know which jobs are really secure in the long term and we've been aware for a while that in ministration in technical staff

getting the same contracts and also not getting same salaries as personnel for example working for lufthansa airline my right and their corp in frankfurt thank you so much for the update on this. on standard and poor's slashed hong kong's top notch credit rating just a day after lowering china the ratings agency said the semi autonomous city has very strong institutional and political links with china as m.p. want hong kong could face a spillover risk because of the mainland ballooning debt load that is why many analysts consider lowering hong kong's rating by a notch as a natural step the ratings agency added that hong kong itself is very strong financially but it has to tackle various problems such as sky high property prices . apple's latest i phone hits the shelves today the i phone eight boasts a new display and while it's charging among other features excitement is high as usual but some apple fans are having qualms about the new release it's become a familiar scene a new i phone and long lines outside of apple stores worldwide to greet it today it's the i phone eight buyers in austral

everyone has been sold to lufthansa quicker than a three bed semi in london.rket in london is slowing down. alitalia?ing to get inthe next is the first week october. we have made a nonbinding offer. we're not interested in all the layers of management. in contrast to the air berlin process it has been run at a very open and transparent way. the next will be the start of october. it is an port and we are involved -- important we are involved in the process. anna: is that going to mean that you do not win this asset because you have that already exposure to the italian market and therefore there are regulatory concerns perhaps. >> it will not be one alitalia asset sold to one airline. we have -- we will be interested in certain routes they are flying. anna: are you interested in their long-haul stuff? >> we would be interested in cooperating with whoever takes over. we are doing connected flights at two airports in rome. we're open to working with long-haul airlines in terms of feeding their operations. that is the way we think the european market will evolve. f

analysts say the big winner in aberdeen lynn's demise will be germany's number one ally and lufthansa and that for several reasons. with the acquisition of air berlin they're able to strengthen their budget airline euro wings and there's one competitor less meaning they can raise prices we have a big national champion which is what the german government wanted. but the air berlin disaster has its fair share of loses to not just the company's employees but also its passengers after all less competition in the skies will almost certainly hike ticket prices. asleep at the will that's what many accuse the germans of when it comes to. the chinese on the other hand said to be streets ahead but are motorists there electrified about beijing's plans. the sites may look rather humble but don't let that deceive you b.y.d. is the world's biggest producer of cars known as new energy vehicles or any viz in china. have any of these as as an important part of its strategy for city for sustainability so you see of all counties trying are playing a very important role in promoting any. china is the wor

lufthansa is in talks to buy a large chunk of the airline, considering a takeover of the subsidiary to split of the bankrupt company. their assets could go to other german airlines. the board of directors is due to discuss the offers and make an announcement. staying in the airline business, ryanair has angered customers with flight cancellations that came out of nowhere. officials said was due to an error in planning pilot vacations, but there are far deeper problems with the airline. >> the bad news. ryan air be canceling even more flights. the budget airline announced it will cancel 40-50 flights a day for the next six weeks. the ceo said it was due to errors made in the planning of pilot holidays. at a shareholder meeting in dublin, he said he couldn't guarantee there would be no more cancellations. hundreds of thousands of travelers are affected. the erlang is preparing for 20 million euros in compensation claims. -- the airline is preparing for 20 million euros in compensation claims. >> meeting him halfway. not. >> the cancellations are very disappointing. >> the ceo denied that

lufthansa is widely expected to take over in the 70 of the 140 planes available as well as absorb around0 staff. there is also a motley crew of investors interested in air berlin, among them come -- them, a startup financer in berlin. he would restore them to their holiday carrier origins. helena: our financial correspondent in frankfurt. in u.k., staging their first ever strike over pay and conditions. workers in southeast london gathered at a restaurant as well as outside parliament. they said they are not paid enough and have urged other branches to join the action. some have described a new -- the move as the stork. -- as historic. back now to brent. brent: now for a look at how germany's most famous living artist confronts the country's darkest chapter from the past. his paintings are known the world over. his work confronting the holocaust is about to get a new audience. the series is called -- named after auschwitz. the new home we did german parliament. -- the new home for it will be the german parliament. reporter: paintings named after auschwitz. everyone who visits will pass t

the deal is likely to leave lufthansa the elephant in the room.thers who registered interest included a former racing driver and travel giant thomas cook. louda is interested in buying back in airline that he had founded, which was absorbed by air berlin in 2011. the ceo of air berlin says he has spoken with 10 investors, but ryan air is no longer interested as the boss has repeatedly stated. meanwhile, air berlin continues flying for now. a pilot sick out is over. the check-in counters are running smoothly. >> the flights have been continuing normally in the last two days. earlier in the week we had a big problem due to an elevated number of employees calling in sick. that has improved substantially and at the moment we are able to offer smooth and a stable service. correspondent: but the destiny of air berlin is as before, up in the air. >> well, bankrupt air berlin trying to keep those airplanes in the air. ryan air is canceling up to 2100 flights in the coming weeks. the carrier claims it wants to let cabin crew and pilots go on annual leave s

some civilian airlines includes lufthansa avoiding to an accidental strike.he pentagon continues to warn against provocations. the u.s. navy has beefed up its presence near korea. the detection of mysterious seismic activity is refueling concerns over north korea's nuclear ambitions. >>> happening today all senate republicans will decide the fate of the gop maelt care bill. a top member of the party says he doubts whether the graham cassidily healthcare bill will even come up for a vote this week. main senator susan collins essentially delivered the final blow to the bill after giving it a thumbs down. >> it would have a negative impact on millions of americans who are now insured. so it was that final piece of the puzzle that i had been waiting to -- to confirm. >> the main lawmaker joins senators rand paul and john mccain as opponents of the bill. >>> u.s. capitol police arrested 81 protesters who disrupted the hearing on the bill. >>> at least six of president trump's closest advisers occasionally use private e-mail addresses to discuss white house matters

the airline declared bankruptcy last month and is seeking new investors with airlines like lufthansa submitting bids this week. management said pilots were playing with fire and could undermine fans for its sale. turned passengers had mixed reactions to their delays take listen. yeah whatever it is harlots. pregnancies. so we made a lovely leave. all. mongoose you. and as hell we are being treated like a. idiots. we are waiting in line here and the fact that the pilots have called in sick is outrageous as a whistle. we should do their job and after all they're being paid accordingly solid. fury on one side and a bit of humor on the other of it certainly wouldn't want six pilot flying your plane unnao. the spade food poisoning or something. gastro hard to establish motives are yeah how to find out some does is gonna be busy summer they are that's our cities. kate adie that with business was unusual by december this amount is at odds with you including at i. disease coming off out of barcelona. adventist cigarette up a media church has been evacuated as part of an anti 09/12/17 09/12/1

berlin is taking form the bankrupt airline stated after a board meeting on monday negotiations with lufthansa and easyjet are being held until october twelfth. comedy. considering the difficult situation i'm relieved to say that after our negotiations we are on the way to achieving good job prospects for around eighty percent of our colleagues are terrible in with our bidders in the name and. so finn's and technical details will be thrashed out in the coming weeks and any final deal will need to be approved by european regulators at stake are the carriers one hundred forty least aircraft coveted landing and takeoff slots at german airports some prime berlin real estate and the livelihoods of thousands of employees easy jet is only interested in parts of the passenger airline while the town's a spade includes austrian airline nikky as well for sale she generates some three hundred fifty million euros two hundred million of which will come from love tons of that's good news for the german taxpayer because the one hundred fifty million euros in bridging modes provided by the german government ca

ryanair to people like norwegian people like jet two and the legacy carriers you know be france lufthansa they must be loving this surely well they are as are the. rival airlines such as easy jet which is the second biggest low cost carrier in europe as well as courses with air based in eastern europe they are having a fantastic time because ryanair while it may meets many of the criteria that many of us would set for a an airline basically is it safe yes is it on time usually is it a low cost well yes generally it is pretty much the lowest in the market we get a perfectly good service out of ryanair i've been flying them for over twenty years and of course like most people i said i'll never fly in those again until the next deal comes around and so yes in terms of a perfect storm it has been it has been one which if you are working in crew planning you should be able to spot a problem coming down the road and certainly to blame and administrative mess up as ryanair did kind of i think doesn't give us the full picture yes pilots are leaving yes ryanair has said we're going to take on one

berlin's ryan air has conif firmed its interest in the carriers, but says it won't line up a bid until lufthansa ends its talks. ryan air says it will continue operating as a separate airline. novartis has been accepted for review by the u.s. food and drug administration the drug has already been approved is in europe. >>> coming up on the show ahead of the bank of england's next meeting, we'll have the uk's latest inflation read after the break. join us throughout the day for our coverage of tax reform, markets and north korea with many special guests. your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. and i'm the founder of ugmonk. before shipstation it was crazy. it's great when you see a hundred orders come in, a hundred orders come in, but then

other airlines are expected to stake their claim include lufthansa and easyjet. >> can doubt sound effect for the plane. >> there's formula one in singapore as well. >> you are going to be back in time >> i hope so >>> stock picking seems to be outperforming any other strategy this year, according to the financial times, sectors in the u.s. market are no longer moving together favoring stock pickers over passive investors let's get an overview of the hedge fund industry. equities has done well stock picking is back in vogue what has not done well >> the hedge funds are recovering, we find it more difficult in global macro systematic strategies, more difficult period this year it's dispersed. that goes along in line with what you said, compression, historically low levels of volatility when we do have an event, the market spikes up, and that makes it fairly difficult to trade >> just to your point of rising dispersion, does that mean that equity long short strategy will continue to be the go-to favored strategy amongst the hedge funds? >> equity long short benefits massively for any direct

>> she worked for lufthansa for about ten years.at must have been a ty eeat tn airplane. >> yeah. they were drinking and she would let the rolling stonesn board. >> jimmy: really! >> yeah. like keith richards was sucking her fingers once. oh, let me get my bags off the bird. she's like, i'll married. but she would send bags, if someone was rude to her. she would send their bag to a different country. this is a type you could get aw witsthuff. >> jimmy: i think you still can, based on my experiences of the did you ask your mother if she would have gone hope with keith richards had she not been married? >> no. she waslike, his face looke d line leather to me. i think that's what she said to me. >> jimmy: is it possible he was sucking her fingers because they wouldn't allow cigarettes on the plane? [ laughter ] we're going to take a break and talk about this movie. a very interesting movie. kirsten dunst is here. oh, you yeah!ht butch. (butch growls at man) he's looking at me right now, isn't he? yup. (butch barks at man) butch is like

swiss airlines, lufthansa and scandinavian airlines are rerouting their planes around the sea of japan to not come in contact with anything that rocketman might do. >> the congressional black caucus legislative conference is in town. this year the big stars are the members of the congressional black caucus. kamala harris and cory booker, all the chatter about them and whether they're going to run for president. >> trump is on his way to assembly the most male dominated government in decades. we saw ensuring 80% of nominations for top jobs in the trump amount have gone to men. men will outnumber women four to one in this administration. >> there needs to be a form of punishment. just kidding. still ahead, the war of words between president trump and the north korean dictator. plus nbc's katy tur on her new book "unbelievable" about covering the trump campaign. you're watching "hardball." it's not just a donation. it's a warm blanket. it's a bottle of clean water. it's a roof and a bed. it's knowing someone cares. it's feeling safe. it's a today that's better than yesterday. every dollar

not clear how much of the insolvent carrier iag is interested in a number of companies including lufthansa and easyjet have confirmed their interest in air berlin ♪ let's get back to the german elections, just a few days away, german chancellor ank gela merk remains silent over the future of her finance minister. speaking at schauble's birthday celebration yesterday, merkel praised him for his service and said they're fighting together to win the elections annette is in berlin the key question in berlin is will he stay or will he go what's the talk on the ground? >> well, actually it's increasingly unlikely that he will stay. that's the talk on the ground given that traditionally the smaller coalition partner can pick a ministry of his likes traditionally that was always the foreign ministry now there is a clear conviction among all the martiy parties, was wrong to leave the cdu to angela merkel's party. it could still be amerimerkel's negotiation power in the end will yield another year for w f wolfgang schauble, but what is clear is that his job is in danger there are many other themes a

tallwood venture capital for $65 million in a move which will help the deal avoid unturn at this lufthansa is reportedly set to pay $200 billion for air berlin assets they're looking to buy the insolvent carrier's assets >>> as reported before, abb is buying general electric's industrial solutions unit for $2.6 billion the swiss engineering company hopes to expand its presence into north america potential costs could be $200 billion a year they are expected to use the proceeds to refund the restructuring effort they're looking to cut costs >>> and unilever has struck a deal to buy a majority steak in cosmetics firm car very korea. it's looking to bolster its position in north asian markets. they bought the steak in carver just last year joompt and disney has threatened to pull its channels from the optimum cable packages if the two countries cannot agree on fees disney has asked for hundreds of millions of dollars of new fees during contract negotiations for optimum to carries channels like espn and disney. they remain committed to a deal. >>> still coming up on the show, as another round

. >>> lufthansa is set to acquire the bulk of the bankrupt airline air berlin easyjet and condor are to take over the remaining assets. negotiations between air berlin's creditors and the bidders are expected to continue until october 12th, push back the original september 25th deadline ahead of the election at the weekend, chancellor angela merkel had this to say on the situation. >> many people here are considering what will happen to my job to be clear, there are pilots from air berlin that we've wished all the best to, like all people who would like a job and would like to keep it, we've shown ourselves accountable in relation to this, i believe. >>> once again, worrying news out of north korea the country may test a hydrogen bomb of an unprecedented scale on the park ocean. the comments come from the regime's foreign minister. north korean leader jim jong-un has promised to make a mentally deran deranged donald trump pay for his own threats. both comments come after the u.s. president said he would totally destroy north korea if the regime threatened the u.s. and its allies the

, if that were true, for instance, why would people care whether or not people absoluted this a lufthansaeds have symbolic action. while i don't think any witch is thinking this is the only action that is necessary to prevent trump from enacting his mean policies, i think that they're hoping that by doing these symbolic actions that we will galvanize people who resist with our hearts. with our full hearts. >> tucker: since you are the only witch -- i have interviewed a lot of people i have never interviewed a witch. sincere question is eye of newt an actual ingredient? >> i think the real problem is not whether o eye of newt isn actual ingredient. the real problem is we are about to have some kind of big nuclear extravaganza with north korea. the real problem is that we are punishing immigrant children. the real problem is that we're causing students to go into deep debt. i don't think the real problem is whether or not we use eye of newt in our spells. >> tucker: i'm not suggesting -- i'm with you on the student debt. is eye of newt an actual thing or not? >> eye of newt, isn't that from s

and right now major carriers ctfeafre aedti b airways, lufthansa, and others that fly through sfo.a live look at sfo. we just got off the phone with officials and they tell us right now there are only 17 delays and they are all less than 30 minutes. so that is good news for us locally. of course that problem could worsen throughout the day and we are awaiting word from oakland and san jose mineta. as soon as we get that, i will let you know. >> that sounds like a real mess. thank you. >>> police are still questioning 40 drivers who saw a deadly officer-involved shooting in the east bay yesterday. >> take a look at the side-b side-by-side. on the left this is westbound 80 after lanes were shut down. they were closed for eight hours yesterday. on the right what it looks like right now. this is the typical commute and crews are working to clear a crash. abc 7 news reporter amy hollyfield live in emeryville with more on the shooting this morning. amy? >> reporter: good morning, natasha. several agencies were involved in this, but emeryville police is going to be the lead investigating

some civilians airlines including lufthansa have changed their flight route to avoid an accidental strikesmissed north korea's statement as absurd and the pentagon continues to warn against provocations. the u.s. navy has beefed up its presentation against north korea. seismic activity is refueling concerns over north korea's nuclear ambitions. >>> all senate republicans will decide the fate of the gop healthcare bill. a top member of the party doubts whether the bill will even come up for vote this week. republicans had hoped to push the bill through but it appeared to have fizzled out before making it not senate floor. maine senator susan collins delivered the final blow to the bill after giving it a thumbs down. >> it would have a negative impact on millions of americans who are now insured. so it was that final piece of the puzzle that i had been waiting to -- to confirm. >> the main lawmaker joined senators rand paul and john mccain as opponents of the bill. meantime u.s. capitol police arrested 181 protesters who disrupted yesterday's hearing on the bill, some in wheelchairs. >>> at

the program is a non-profit that depends on contributions from companies including bmw, lufthansa, basf, goldman sachs and other, as well as individuals. there is a card on your chair, if any of you feel so inclined to make a contribution, we would be grateful for it. the program is named for the austrian born economist who served presidents starting with dwight eisenhower in the 1970s. he trained economists and shaped post-whe pos post-war economic policy, fought inflation and cemented close ties between what was the u.s. and germany. he died 31 years ago when the program was established in his name. its goal, to strengthen the understanding between two powerful western allies has seldom been more relevant than it is today. the importance of the relationship was front and center in berlin 30 years ago this summer. it was there that president ronald reagan delivered one of his most memorable speeches. it was a call to tear down the wall that had divided a post world war ii world. an appeal to our common humanity and of the shared imperatives of freedom and dignity. it is a call, i will

lufthansa and easyjet have been picked as the main bidders for air berlin that will give both carriersic is close to selling it industrial solutions unit to the company agb. people familiar with the matter the deal would , be valued at as much as $3 billion. an agreement is likely to be announced next week. ge put the electrical unit up for sale in december. from our world headquarters in new york that is your bloomberg bs flash. francine? francine? tom? thank you. opec and allies say they will wait to see if further action is needed. earlier, bloomberg's yousef gamal el-din spoke with the oil finance minister. >> the members will try to get as close to $50 per barrel. we are not too far away from that. much, and it needs to do more, i think we will. francine: let's now get straight to vienna where we are joined by yousef. yousef: this speaks to the probably more favorable conditions, taking place on the sidelines. but ultimately sets the stage of a bigger composition about the future of the opec, non-opec accord. the in mind it is not on table. the indication here is they will be look

merkel clinching a fourth term in germany's election joining us is robert kimmet who's there for the lufthansa meeting. at this point, is there a metaphor how you would characterize her standing and power? as far as outcomes go, this is the weakest she's been in the four times she's been elected chancellor, right? >> yeah. good morning, joe. what i would say about this election, it was predictable, concerning and complex predictable in that she is going to start her fourth term, but as you say, from a weaker position. concerning because a far right party has come into the german parliament for the first time since the nazi era and complex because there will be six parties in the parliament and we will likely see for the first time at the federal level a coalition involving three parties. >> and that starts in earnest today. will anything change in terms of the way germany approaches eu integration or the refugee policies will anything -- is there pressure being brought to bear on merkel's policies at this point from this? >> i believe the approach to europe will remain largely the same she has