that though it's a bank is in christiane saving and his colleagues of the management board were paid eighty seven percent more than in the previous year of course this has to do with the fact that deutsche bank managed to return to a net profit but of course given you know the situation of the bank the merger talks with co matts bank those high payments are matter of very intensive discussion here in frankfurt germany financial center magic what are you hearing about that those merger talks are they going. well yesterday at a meeting of the supervisory board saving is reported to have argued in favor of such a merger what's also reported is that the jew diligence has already started which is you know the process when both banks evaluate each other and what i can also tell you. is that investors are still very skeptical share price eight percent lower than last monday. george investors as usual disappointed thank you very much for now when you hear the word whiskey you might think of the stock as highlights but as an increasing number of connoisseurs across europe have been developing

had announced a string of plant closures and over forty thousand layoffs bag paid its management board members their first bonuses in four years and twenty eightieth's germany's because number handed out just over fifteen million euros for the entire top management and one point nine billion euros in total bonuses twenty posted its first profit in four years. the international monetary fund has sent a team to mozambique to support efforts to help the economy recover in the wake of devastating cyclone hundreds of thousands of people have been affected by the disaster which left a trail of destruction across southeast africa hitting some of the poorest countries in the world. is like low need i made landfall near mozambique's fourth largest city bear on march fourteenth green devastating winds and one hundred fifty millimeters of rain in a single day rescuers and i was struggling to bring aid to survivors many stranded on car gauger and roofs are still contrary to flood zone covers a vast area three thousand square kilometers. the i.m.f. has promised to help mozambique as well as other c

conversely, when i hear the silicon valley thing of we have more women on management, on boards, it is a pipeline issue. i always say if you open your eyes, your pipeline is sitting in front of you. emily: absolutely. diversee are very, very organizations out here and what

we also know the management board received their bonus, even though the bonus pool was cut. stuff on deutsche. it is also interesting how it ties into the credit suisse story. people getting paid more who lost investors a lot of money. what have you got on the shoemaker? shares are expected to be under pressure after results missed estimates. but it is not all negative, because in north america, it looks like they are making up some ground because nike is weaker in that region. that said, nike seems to be gaining more market share in europe, a key market for adidas, so they can be under pressure this morning. also, keeping an eye on jb sports, a big partner for nike. at last report, there shares rallied, but their stocks to go a different way this morning. matt: it is fascinating news in the. -- indeed. i will point out it is pronounced nik-e, just about we are all on the same page. we rely on you for far more important intelligence and that -- band that -- than that. >> luckily, there's only one way to pronounce this. ing securing a 3.1 billion yuan joint venture with the b

deutche's management board has approved it. may faces another difficult week with another brexit vote and reports she has lost her cabinet. this is bloomberg. ♪ w?w?uhi?só'ñó kathleen: this is daybreak asia. china's credit growth slowed after a seasonal surge in january with the first two months showing signaling recovery. the pboc said financing topped $105 billion compared to forecasts of twice as much. money supply gained 2.8%, matching the slowest ever expansion. the head of the pboc said beijing and washington have reached consensus on many crucial issues per he said they are very meaningful. -- issues. he said they are very meaningful. use the exchange rate for competitive purposes in china. discussednd the u.s. how to respect the other .onetary authority's authority they also discussed market exchange rate mechanisms. and the two sides should observe earlier commitments made at previous g20 summit's. kathleen: hong kong likely to raise borrowing costs after the central bank intervened for the first time since august. the

and whether the management boards are doing everything they can to have the company operationally efficient and at the same time growing their earnings. caroline: we thank you both. we have more earnings coming from adobe. this company was expected to post a 4% increase in earnings per share. it did beat that in some. more than the 23% increase in revenue that was expected. lisa: the market is being driven lower with respect to facebook. companyx is leaving the . shares are down about 1.5% in after-hours trading. we will see if this comes after turmoil at the top or whether it said, it's time to leave. that does it for me with the closing bell. is stepping up next. this is bloomberg. ♪ caroline: live from new york, i'm caroline hyde. u.s.s a snapshot of how stocks had a muted day overall. another chapter in the seemingly never-ending bread to saga -- never ending brexit soccer. adding another dimension damage to the british economy. foraps there are reasons hope. by some economists say the worst may be over for the global economy. and the unveiling of tesla's new crossover put the ceo back

the management board has approved negotiations with commerzbank.xt the latest out of ethiopia, a second boeing 737 crash in the past five months is raising fresh concerns about the safety of that best selling jet. this is bloomberg. ♪ loomberg. ♪ 9:30 a.m. in sydney. futures looking like a downside, down a quarter of 1% when trading gets underway, asian equity futures lower, lower aussie dollar. wall street had the worst year of -- week of u.s. stocks all year. i am haidi stroud-watts. inocencio.ramy you are watching daybreak australia. let's get to first word news. sayseen: the pboc governor beijing and washington have reached consensus on many crucial issues. the talks asd meaningful. he said the pboc is exiting daily intervention of foreign exchange market and will never use the exchange rate for competitive purposes. u.s. discussede how to respect to the other monetary authority' autonomys. we discussed how both should observe market oriented exchange mechanisms. and besides it should observe earlier commitments made at previous g20 summit's. -

does that help you make and how do you connect with your consumer >> i mean, you have to have management and boardsreflect the diversity of your customer base. right? if there's 50% women in the world, one would think there's 50% working, 50% management, 50% on boards. it's just the easy math. and i think when you reflect what's happening out there you will get more knowledge about what people want and what the consumer trends are. >> laura, we wanted to switch and talk big picture about williams-sonoma and you've always had a bit of a price premium to your brand and a sort of quality premium in consumers' eyes is maintaining that today harder than ever before because of the threats of online but also from big brands like whether it's online amazon or offline walmart bringing in their own types of products to rival those of your own? >> the most important thing is to have differentiation. and i really believe that increasingly customers care about sustainability and it's not just about being premium but sustainable luxury, premium that is sustainable and what does that mean? it does mean that you h

billion euros. >> you are also aware subsequently deutsche bank did put out a statement saying the management boardt currently engaged in any kind of conversations about capital rate. if all of the analyst they have spoken to, they do see there might be a need for some sort of the capital raise. however, that is not a done deal. everyone has to remember their assets sale that deutsche bank could do. there are asset sales that commerzbank could do. them, the asset management unit of deutsche bank is one such unit that has the interest among investors. there are many paths and it is early and deutsche bank has said it is early. -- theth it is early truth is it is early in determining the exact price. there are so many complexities. to put a price on that at this point is difficult. my guess is the banks are engaged in this exercise as we speak and that will be the stickiest part of the negotiations. vonnie: every time there's a story like this, management has come out and said actually not. we are not involved in this. you have to wonder where the providence of the story is. stocks down 3.5% today. a

. >> elliott management and star board. ment owns 4%, star board about 1%, and ebay has been in talks with them for months and finally they are reaching a deal. in addition to the $7 billion worth of buybacks they announced, as well as dividends, they are now appointing two new directors to their board, one of them is jesse cohen, the other is matt murphy, the ceo of marvell technology group. ebay says it will begin a review of its portfolio's assets, including a stub hub and ebay classified, setting listings for a sale of the businesses, which elliott recommended as part of their plan to transform the business. elliott management said at the time that the ebay shares, if they follow through with that, they could be valid -- fired a rocket five dollars to $63 -- they could be valued at $55 to $63 a share. the ceo has come out against a possible sale of this assets in the past and said today just because they are launching a review that is not insurance a sale will happen. so that could have poured cold water on the rally tod

now, the bangladeshi cricket management, the bangladesh cricket board president, he is due to hold ae re nce board president, he is due to hold a press conference within an hour or two where he will actually inform the media whether or not this cricket team should stay in new zealand or not, because the bangladesh cricket team, they have been to new zealand for the last several weeks. they have already played two test matches new zealand and the one—day internationals, so the third cricket match, which was due to be held within a day or two, the bangladesh cricket team will pull out of the tour because they are so pull out of the tour because they are so scared and one of the bangladeshi cricketers, he said that the situation that we have been passing through, it is not possible for them to continue that tour but even the bangladesh cricket board management took the final decision. yeah, it is an obvious point and you anticipated there but i can see new zealand cricket now confirming that the third test has been cancelled. we should stress that the whole team all right, they were unh

but even the bangladesh cricket board management will take the final decision.icipated there, but i can see new zealand cricket anticipating now — confirming now that the third test has now been cancelled. we should stress that the whole team unhurt. yes, the whole tea m whole team unhurt. yes, the whole team is on her, that is good news for bangladesh and bangladeshis because they were just a few hundred metres away from the mosque, so they immediately came back to the stadium premises, as i mentioned. that is why they are saying they are unhurt, the people are expressing their gratitude on the social media bangladesh. that the bangladesh cricket team is unhurt. this kind of attack that took place in new zealand, the years ago, the australian cricket board cancelled their tour to bangladesh, apprehending a terrorist attack in bangladesh and later on, i'm talking about two years ago, but this kind of attack happened inside a mosque. this is very unprecedented for bangladeshi players and for bangladeshi players and for bangladeshi muslims, they cannot really acce

mitsubishi has moved up a gear the comic is announcing a new board three companies had to separate boards of management until now we're no chairman. says that he will head the new joint board and the three say they hope a tighter structure will strengthen their collaboration following the downfall of former boss carlos ghosn he remains board member until april of tokyo did refuse his request to attend. let's bring in our very own. tell us a bit about the power battle going on between those kids if they. make up. well times have become a lot harder for carmakers and they cannot afford to bicker like this at least not in public so what this does is it takes the fight off the center stage both the break of the alliance is off the table as well as the potential threat of a takeover of one over the other dominic's in our he calls himself a diplomat and that is really what he has done here is a piece at least for now the japanese side by not installing another corals going which is a very powerful figure. but yeah sort of giving them a little a little of their way however the shareholding structure of silver

now, deutsche bank shares dipped to yesterday after the lender said its management board had not discussedng capital, and bloomberg's opinion columnist has taken a look at the story this morning. she says that the merger will not spare asia. in a new article, she says "sometimes being good enough is just not good enough." that is the situation deutsche bank employees might find themselves in if the commerce bank merger goes ahead. joseph now from hong kong. great to have you with us. why are the best the columnist joins us now -- the columnist joins us now. why are jump targets targeted in this merger? >> because they are a tiny part of the merger. there is talk of up to 30,000 job cuts in germany. so the optics of having a business overseas especially in asia, which is largely investment banking but also corporate banking, and thanks consider paying higher than they are back home, that will be hard to keep. there will be pressure to cut jobs. . having said that, they have around 20,000 people in asia and about half of them are back office, service jobs come in india, so we are talking 10,

we are told which is management board has approved negotiating with commerzbank.tnam's bamboo airways is heading overseas, starting international flights with routes to singapore and south korea. it will launch direct services to the u.s. next year. a are buying new planes from boeing. they have domestic operations from 20 to 40 by the end of the year. they are hoping to have 5 million passengers. yvonne: just want to recap our minds coming out of china. we have learned that regulators there are going to be grounding -- domestic 01737 max planes 737stic going 7 -- boeing max planes. is also talking a little bit more about the 737 eight jet that they grounded to check safety. ac will resume flying those jets after confirm safety. more lines coming through from china -- from thailand. they say there are no plans to ground boeing 737 max games of the- max planes out ethiopia crash. we will have more coming up. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this i

nature to run its course the data we gather will help us judge whether our management measures were successful or not the board of management was not for cars. the project is a long term one renae to ration in the ones where the national park will take years and its benefits will only become apparent in decades to come. oh and i hope you had many they could be assumed to be a chauffeur we bring you many more stories of innovation and the people driving them goodbye and have a wonderful eco a. little. bit. of the. blue. which suits me. when britain for needs to meet the new we take a look back at the history of the relationship between the u.k. and the continental on top. down goes. up mike writes i'm. fifty two total. sex make. raring to marry. if there is any erotic benefits remember you have to find it between the wives. literature hundred german must rates. what's the connection between bread flour and the european union dinos guild contests t.w. correspondent at abbot baker can stretch this second line with the rules set by the team. cuts no smoking recipes for success the strategies that make a difference

nature to run its course the data we gather will help us judge whether our management measures were successful or not the board time management. the project is a long term one renae to ration in the hunt for coal fired to national park will take years and its benefits will only become apparent in decades to come. i hope you had many takers some to be a show we bring you many more stories of innovation and the people driving them goodbye and have a wonderful week. before markets. the momentum of the working world. your business magazine made in germany in thirty minutes on d w. eco africa. namibia is on course to wants a sustainable future. of business paddles he bikes the drama on the solar energy it's a promising concept the bikes are affordable and fun to ride and even use five rangers patrol. in ninety minutes d w. sarno just couldn't get this song out of his head. ecologist began searching for the source of these captivating sounds. deep in the rain forest in central africa. the body aka people. i hang. up my living. he was so fascinated by their culture that he stayed. only a promise to. the jungle and re

nature to run its course the data we gather will help us judge whether our management measures were successful or not the board of management. the project is a long term one rené to ration in the. national park will take years and its benefits will only become apparent in decades to come. i hope you had many takers reasserted today's show we bring you many more stories of innovation and the people driving them goodbye and have a wonderful meet. the . blue. slip. carefully. don't seem. to be a good. measure. discover the world. subscribe to the documentary on to. stop an extravagant vision. to. really know their stuff. make groups with big eyes boring stephanie stole. the candy and chat with musicians from around the world. make groups every week on w. . this is a fifteen year old girl. being gang raped. his teacher is beating a boy for talking back and class. for the rest of the class once as. i'm sure a toddler is being fed by his mother breaking up lots. of child sleeps in the streets because her family through her. fear. online bullying. pushes a teenager over their heads. just because you can see violence

nature to run its course the data we gather will help us judge whether our management measures were successful or not the board of management. the project is a long term one rené to ration in the ones where the national park will take years and its benefits will only become apparent in decades to come. i hope you had many takers be assumed to be a show we bring you many more stories of innovation and the people driving them goodbye and have a wonderful week oh a. little. odd . and good shape. it's the silence of two tennis courts and home to ten billion microorganisms intestate is an extraordinary organ with a huge impact on our well being as dr koster necco time finds option did you ever hear about gut feeling that small intimate. good shit next. block when forster slusher. some cash flow. like construction or the columbia destroyed swathes of rain forced. to compensate the new forests are planted elsewhere. but the cost. bernie foots the bill. will the deal pay off in the end. three thousand in sixty minutes g.w. . or. i think is everything challenging the first one hundred make a muslim. school much differe

conversely, when i hear the silicon valley thing of we have more women on management, on boards, it isine issue. i always say if you open your eyes, your pipeline is sitting in front of you. emily: absolutely. diversee are very, very organizations out here and what we don't do is provide the same opportunity and exposure to everybody. that is the thing we have not gotten right and need to start paying a lot more attention to, just so we have enough great people to do the great things we have to do. emily: if you could rewrite that netflix culture code, what would you keep and what would you get rid of? patty: the culture code, that document was rewritten and amended over a 10 year period and it is constantly being done now. what you don't see when you look at it is how many things were discarded and how many new things were added. we rewrote it last year. one of the beautiful things added to it was the idea of global diversity and cultural diversity and making room for everybody to do great work. emily: former netflix chief talent officer patty mccord, always great to have you on the s

. >> item 29 is a motion to appoint supervisor gordon marjie the bay area air quality management district board of directors term and in february 1 st, 2021. >> colleagues, can we get a motion to ask you a supervisor mar from this hygienically. >> moved by supervisor fewer and seconded by supervisor brown. without objection, supervisor mar is excused. madame clark, please call the roll on this item. >> item 2029... [roll call] >> there are ten imacs. >> this motion is approved by a 10-0 vote. madame clark, please call the next item. >> item 30 is a motion to appoint supervisor simone walton to the peninsula court -- corridor powers board for an indefinite term. >> and we have a motion to excuse supervisor melton -- walton from this item? without objection, supervisor walton is excused. madame clark, please call the roll on this item. >> on item 30... [roll call] >> there are ten imacs. >> thank you. this motion is approved by 10-0 vote. let's see. madame clark, let's go to the next item. >> item 31 was considered by the rules committee at a regular meeting on monday march 18th, and was recommen

next item, please. >> item 18, authorize the general manager to request approval by the board of supervisors to accept and resources control board in the amount of $3,759,822. i'd like to move the item. >> again. >> any public discussion on this? any further discussion by the commission? all those if favor. >> aye. >> opposed. the motion carries. item 19. >> clerk: authorization the general manager to negotiate and execute a so the cost share agreement for funding cost plan for the potential expansion of the reservoir for an amount not to exceed 300,000 with a duration of 16 months. >> i'll move it. >> second. >> any public comment on this item? all those if favor. aye. >> opposed. the motion carries. >> chairwoman: item 20. >> clerk: approval the selection of american water resources and authorization the general manager to execute agreement number pro0086 authorization a.w.r. to market a voluntary water service and water sewer lateral insurance program to sfpuc residential customers in san francisco and exchange for payment of 3.61% per month to the sfpuc for each enrolled customer with a

italy was hijacked and set on fire by its driver on wednesday all of the fifty one children on board managed to escape or were rescued there's good news there the incident happened in the suburbs of milan the driver in a tie and citizen of senegalese origin doused the vehicle in gasoline and set it alight a teacher who was on the bus the suspect was angry about italy's migrant policy. he reportedly shouted stop the deaths in the mediterranean and nobody gets off here alive he has been charged with kidnapping and arson. a forty year war crime sentence given to a former bosnian serb leader has been extended by a un court radovan has now been sentenced to life behind bars for his role in the civil wars that gripped the former republic of yugoslavia in the one nine hundred ninety s. five judges upheld the verdict given back in two thousand and sixteen for the mass killing of civilians argued that there was no evidence of him committing those crimes now seventy three years old has been on the run for twelve years before he was finally arrested in two thousand and eight he was found guilty on ten

going to be the face of it, the oprah with weight watchers thing not just the involvement on the management boardl to set this chain apart for something else than what we are talking about. and it's a very crowded market all advertising driven. >> for papa john's, same store sales decloining a lot if not double digits. they haven't -- i asked the ceo when does that turn around they don't have visibility into that now trying to make changes and a way to -- besides financial assistance to the franchises and rebranding themselves and clearly need to do, they're also totally refreshing the board four women on the board now and shaq becomes the first african-american. >> and, mike, up 20% or so year to date s. there low-hanging fruit to seize given the declines - >> if you can tilt the comp sales a little bit, i don't think there's much baked into the company. it's urn $2 billion market cap and not like they have to take over the pizza industry to really do okay in terms in the market. >> shaqeroni as well. >> extra large and with extra everything. >>> yesterday's levi's ipo was a boost to companies p

so they matter company management and boards know they matter and they want to hear from you. >> andt do you forgo if you don't do it? >> what you forgo is the same thing that happens in the rest of our lives you have a voice you're here standing up for them companies will be more influenced the more retail investors that vote. and activists will take note of retail investors the more they vote >> bristol-myers has come on several times. i've talked to giovanni and i think he has done a remarkable job. he's got to merge. he needs it. his pipe is not as strong as he would like so he is buying celge celgene. there is even what we call a black box, an s&p fund that is voting against this deal how important is this? how individual votes -- who will determine this, in your mind >> if it's going to be a tight election, which many of these issues that you just described where people can look at it pretty evenly one way or the other, it will come down to the retail investors, because remember, one-third of all shares in north america are owned by retail. retail is only voting at a one-third

italy was hijacked and set on fire by its driver on wednesday all of the fifty one children on board managed to escape or were rescued incident happened in the suburbs of milan the driver and italian citizen of senegalese origin doused the vehicle in gasoline and set it alight it was all. says the suspect was angry about italy's migrant policy he reportedly shouted stop the death in the mediterranean and nobody gets off here alive he has been charged with kidnapping and arson. president of brazil jaya was in washington this week on his first official foreign visit and donald trump was keen to get their relationship off to a solid start i also know that we're going to have a fantastic working relationship. we have many views that are similar and we certainly feel very very true to each other on trade i think brazil's relationship with the united states because of our friendship is probably better than it's ever been by far the most. respect would have of the ballots tell us on twenty twenty but i do believe donald trump is going to be reelected foully. all the meeting began on a cheery note w

appointing supervisor gordon mar, term ending february 1, 2021, to the bay area air quality management district board of directors. >> chairwoman: thank you. and do you want to make a motion to excuse -- >> i would like to make a motion to excuse supervisor mar. >> chairwoman: without objection, that motion passes. >> i would like to open up this item to public comment. if any member of the public would like to speak on this item, now is your chance. seeing none, public comment is closed. as a former member of the bay area air quality management district, i am very excited that supervisor gordon mar is going to be representing san francisco on that body. it's a very important body, and we currently have two vacant seats. wink, wink, supervisor walton, i'm trying to get him to apply. so if anyone wants to grab him after the meeting and say, we need your fierceness on the commission, please do so. mr. walton -- supervisor, any comments? >> my comments, of course, i echo your sense being excited about supervisor mar serving. [laughter] >> i would like to move his name forward for a positive recommendati

amsterdam are similar to what you have in the genesis stock exchange so they can keep their board and their management for example and also not to mention that's best does have some kind of a presence in amsterdam definit for about three decades and remain the biggest public company in south africa they will play station he will which is important to south africa because band. the volume just if you look at the stock market on the day trading volume bright not specify about fifty percent so people really also question what's going to have to this truck exchange in south africa but i think if you're looking at from from a wall sort of broad economic basis i think south african public official be interested to know the commitments that they've made to investing in for example south african tech start ups will they keep to that and they were very they went at pains to state that those commitments will stay in place that they will still be looking at to make those billion rand investments when it comes to take start ups in the country but just tell me how does the. tech giant already take a company operat

mosul‘s civil defence agency reportedly said most on board could not swim. rescuers managed say it seemed there were too many people on board. ramzan karmali has more. they were on their way to celebrate nowruz, the persian new year, but disaster struck when the ferry, thought to be carrying around 2000 passengers, overturned. at least 90 women and several children were among the 200 people said to have died, however, 30 people were rescued. the ferry capsized and i was underwater. every time i tried to surface, the boat was above me and by almighty god, i paid. i thought that was it, the end of my life. the vessel was on its way to a tourist area, and witnesses say it was carrying too many people. authorities had reportedly warned people about rising water levels as the gates of the most of had been opened. many accused the ship's operator of ignoring this advice. —— mosul dam. the governor visited the area and promised action would be taken. the health minister and i came immediately and ordered all those institutions to investigate into the incident and punish all those w

producer brant your board managed to catch up with her at the hong kong blog chain conference and ask her about her plans for the future. i'm traveling over the next twelve week period to thirteen cities although that number keeps growing as i meet people that's over six countries and i've decided to live soley on protect currency for that period. and so you said that you prefer just your plane tickets already so plane tickets for a purchase and the majority of my commission is prepared to list world's pre-purchased all before i started i filled my car up with petrol gas as you guys call it. hard being that gets cancer it's very much because i'm not going to harm that much otherwise i've got to find a petrol station that except scripter or rely on someone else to drive me around maybe. and i lived on the way to hand on the food i already had in my house because it turns out where i'm from which is gulf coast trail yeah it's not very critter friendly yes i've got to change that and so are have you read it like have you been doing research to try to figure out. how you know. so i've jus

so we will be having an april 9, i think, board meeting-presentation from the board manager. i lock forward to having her here and briefing you all. we did have a happy moment for the ground breaking on the geary project. i want to thank commissioner yee and commissioner brown and thank all the departments for the ground breaking. this will improve safety and reliability for those that ride the geary rapid. we're looking forward to the whole improvement coming together in the next couple of years. on march 13, we hosted 50 companies and agencies, our annual event to improve coordination and present opportunities for contracting, brought together firms with primes and contractors to learn about the upcoming projects. we continue to track our d.b.e. performance throughout the year, as well. thank you. >> chair peskin: thank you. is there anyone that would like to address the director's report? are there any commissioner comments or questions? seeing none, comment is closed. mr. quintanilla, could you please read the next item. [agenda item read]. >> chair peskin: is there any p

the shark pulled the board with nathan still on it about two feet under the water. when he surfaced, he says he managedhis board between him and the shark, possibly hitting it. >> i just was like this thing's going to hit me. so i just grabbed the board. luckily it was like one arm length away, two arm length i don't know if i would have got it. but did that and just tomahawked the water with it to put it between us to block it. >> nathan asked we not show his face. he quickly paddled back to shore and avoided any injury. a nearby surfer claims the shark was about ten feet long. >> yikes. >> that's a bit scary. up next, the warriors' new player. it's an old guy coming back to the team. >> don't call him that. >> old for basketball. the ross spring dress event is here-finally! so you can say yes to the biggest selection of the season. yes! seriously, 20 to 60 percent off department store prices! more new dresses means more reasons to say yes. at the ross spring dress event. on now! alright,yeah!excited? waaahoo... well... that was fun, right? it's time to get more. lower fares. better service. sweeter r

jean-paul: two thirds of the employees at l'orÉal are women. , 50% of% of the board all management.everything. david: some of your major competitors, very good companies like estee lauder. jean-paul: i heard about them. [laughter] david: the ceos are often men. the people in charge of duty products are men. does that strike you as unusual? jean-paul: it will change. it was in the beginning more men. yearstely in the next few women will take over. be, certainly a woman will become ceo. [applause] david: sustainability is another major push. what are you trying to do? jean-paul: the carbon disclosure authorityhe cdp,, the in the environment. the aaa recognition for the third year in a row, force, water -- we are on this matter recognized as the number one company in terms of sustainability. david: another push has been strong ethics. why is it so important? i understood have fixed be something very important for the future. decided with the team that l'orÉal should be, could be number one in ethics. if i may say two words. , it isthink of l'orÉal not that difficult for us to be a grea

only on the retirement board or with our city staff, but reflected in the companies where we're making investment, where there are women and people of color represented on management and the boards of those companies. that is something that is really important to me. i think there is a movement nationally for that. i'm just wondering your thoughts on that and what type of work or ideas that you would have in terms of meeting the "g" part of the e.s.g. goals? >> we did talk about that. i guess once again, i'll fall back on actions speak louder than words. for the 18 years in rwanda, and from the top to the bottom of the government in rwanda, which is a democratic model for central africa, if not all of su sub-sahara africa. last year sweden used to be the largest country in the world that had the most female representatio representation. no longer. rwanda is. rwanda has more females in their government worldwide than any other. i've started three businesses, going back to 1968, that have had two "c"s, and i was the other "c" in the "c" suite. and we're committed to gender-equallitgender-equality e like. i think personally having been involved deep in that, on the "