we had mark quinn, the artist, put up an image of the protester there and you can seejen read below her impact and a powerful statement for bristol. because it has been authorised by the council, brister dome at bristol may have had their own plans. —— bristol may have had their own plans. paul lead, just briefly. bristol said it was up to the public. this comes with its own story, and i think it's beautiful. i think it should stay. this is the kind of history we should be proud of. asa, would you be happy for this to stay? it is very, very striking. you can see jen to stay? it is very, very striking. you can seejen reid, a black lives matter actavis, in front of the statue. -- actavis. we sell that, -- we saul the community behind the removal, very much for that by all means of. that will be interesting to see what happens next. that was put up overnight as asa was saying, without permission. we will see what eve ryo ne without permission. we will see what everyone else will make of it. thank you so much, i know you will be back to me and an hour's time for the next tap through some of

sculpture was installed without the local councils approval and intervention dreamed up by our says mark quinn you know we had to keep it secret because this is a debate to really really clear this is a temporary installation it's not saying this is what should be on the plate forever it's a this conversation is in the public realm and i want this count 3 part of the conversation. they hope to start she will inspire more action to tackle racism it's definitely coast news no more and it's time for change it's time to move on it's time to people to keep educating themselves and i just think it's you know really important. christos mare has not come firmed if and when to stop she will be removed but she says the future of the plant must be decided in a process that includes everyone in the city even those who would have preferred that were colston to remain. disciplined have to date with other stories making news around the world u.s. secretary of state michael preparing new sanctions against a russian gas pipeline projects that see any firms that help construct an old stream to face penalties th

sculpture was in stills without the local councils approval and intervention dreamed up by artists mark quinn you know we had to keep it secret because this is a debate to be really clear this is a temporary installation it's not saying this is what should be on the plate forever is say this conversation is in the public realm and i want this country part of the conversation. they helped to stop she will inspire more action to tackle racism it's definitely culson it's no more and it's time for change it's time to move on it's time you know people to keep talking and educating themselves and i just think that's really important. bristow's mayor has now confirmed if and when the statue will be removed but she says the future of the plant must be decided in a process that includes everyone in the city even those who would have preferred that were colston to remain. before the 1st time since the coronavirus pandemic began spectators will attend a major sporting event here in germany the exhibition tennis tournament in berlin features some of the world's best players the main tennis tours where th

the temporary installation was put up by artist mark quinn.ys he was inspired by the antiracism demonstrator photographed standing on the empty plinth in june. protesters toppled the statue of edward colston and dropped it in the harbor during. . rallies on racial inequality the match -- the match schedule has been released for the world cup. organizers hope it will act as a global celebration of overcoming the coronavirus pandemic. >> this is where the qatar world cup will kick off on november 21, 2022. the stadium, which in arabic translates as the house, will be home to 60,000 fans for the start of the world's biggest sports event. the tournament schedule is different this time. there will be four games every day during the stage. a first in world cup history. >> scheduling four matches a day is going to be unique. it's going to get people the opportunity to attend more than one match per day. people get to watch the world cup it very convenient times just by the fact of qatar's location. about 3.5 billion people will get to watch the world

early june and was later polled out of the water by the authorities the plinth study mt artist mark quinn put off his new work on wednesday it depicts a british woman called jen reed making a block power salute for the creation of a statue read posed for the artist in his london studio here so she reacted to the piece came but obviously on the last night of protest i stood and my husband had taken a picture of me. i sit down on social media. went viral i think it's a great day to restore i think it's a great day to watch out of the mirror of bristol has just issued a statement saying the city council did not want to approve the new statue he added a history commission has been established to decide what will happen to the plane it remains unclear how long the statue of jan reid will remain in place but some think it should stay. but i just know that people if they still have the highest need to stay strong they and to say i'm faced with this label in just kind of state this is all for the. good symbol to show. what you guys much is really going to do and that it should still be in good co

protest in early june unless later pulled out of the water by the authorities on whedon's the artist mark quinn his new work on the empty plinth it depicts a british woman called jan read making a black power salute for the creation of the statue read pose for the artist in his london studio she say she feels enthusiastic about the piece came but obviously. it's not a protest. on my husband taking a picture of me. i sit down on a social media. viral i think it's a great great. great great. lemaire all still has issued a statement saying that the city council did not approve the new statue he history commission has been established decide what will happen to the plinth it remains unclear how long not jan reid will remain in place some think it should stay. but i just love that people if they still have behind me it's a strong way and the same place with this label in i just kind of state this is all for the. good student to show. what you have got so much is really going on that you should still be in the function it continues that feeling and presto that we are still chased to meet the stat you

figure titled a surge of power was pushed up before dawn and without approval from officials artist mark quinn says he was inspired by gen reed to protest a photograph standing on top of the print last month demonstrators pulled down a statue of slave trade edward colston and dumped it in the harbor during global protests against racism. and i think it's something that supro to the food movement is you know it just shows what come out of. the protest and how you know it's moving forward it's talk to the press people are tricked so as to war you have got some of them so you know i think it's a great great restored think it's a great great but it's not a. hello there this is al jazeera and these are the headlines china says it will retaliate after the u.s. president announced new sanctions over the national security or beijing's imposed on hong kong donald trump also signed an executive order ending hong kong's preferential treatment china's also lashing out of the u.k. after it announced its banning tech giant while way from its 5 g. network from beijing our correspondent between you has more o

was pulled down by members of the public last month a temporary installation was put up by artist mark quinn he says he was inspired by gen reed an anti-racism demonstrator but a graft standing on top of the empty plinths during a march in june just as toppled the previous statues slave trade to edward colson and dumped it in the harbor during global rallies against racial inequality. the match showed us being released for the 2022 world cup in qatar it's been designed to reduce impact on the european football season and organizers hope it will act as a global celebration of overcoming the coronavirus pandemic they've extracts reports. we now know that this is where the cats are world cup will kick off at 1 pm on nov 21st 2022 the al bates stadium which in arabic translates as the house will be home to $60000.00 friends for the start of the world's biggest sports event the tournament showed you will is different this time as there will be 4 games every day during the group stage the 1st in world cup history being a compact country scheduling for much of the day is going to be quite unique it

slave trader statue removed from the plant overnight to my new statue has appeared by the artist mark quinnhad after that statue had going out there and this was the what we see now is the inspiration. this was done and put up without permission. what do you make of it?” done and put up without permission. what do you make of it? i mean, as i said earlier, now it seems that the councils are in a real bind because it will have it candidate for moving say this was... the politics in the backlash would be horrific. so i think it comes down to the idea that when we saw the other statue being taken when we saw the other statue being ta ken out when we saw the other statue being taken out the community feelings and intentions the statute evoked meant that few authorities, no one among the authorities saying actually maybe in time we were returning to his place. some of them were secretly relieved that community had taken action. sol secretly relieved that community had taken action. so i think if the community really do want the statue down, fine. i'll have slight concerns that about having a sta

well-known artist mark quinn created the work he said it is not intended to be permanent.ou're up-to-date. jon, back to you >> sue, thank you. >>> european markets set to close in just a moment seema mody, nice rally going on there. >> yeah, jon, we'll start with technologies because a big win for apple over the european commission and their four-year dispute over 13 billion euros and alleged unpaid taxes the court decided today that the mission did not approve the landmark advantage and the question now this ruling will impact how the european commission deals with other u.s. firms over taxation. lawmakers do have two months to decide if they want to appeal. the eu said in a statement that her team, quote, will carefully study the judgment and reflect on the stocks. stocks are higher. the analysts there citing the correlation between the gaps in the nearly daily infections and the relative outperformance of stocks in europe secondly, keep an eye on spotify, it's expanding its presence in russia and a dozen other markets in europe as it looks to rival other music players.

we are hoping to talk to jen reid and also potentially the artist, mark quinn. it has gone 9:30am.honest with you, victoria. something bright and warm on the way. east anglia and the south—east is clouding over this afternoon with some patchy rain and drizzle. that has been moving southwards. perhaps some sunshine in the afternoon for devon and cornwall and east of scotland. 0verall, the afternoon for devon and cornwall and east of scotland. overall, a cloudy picture this afternoon. winds are light but even with that it will bea are light but even with that it will be a cool day under the conditions, cloudy especially where we have that rain and drizzle falling, temperatures between 14 and 19 degrees for most parts of the country. nowhere near what we would expect for the middle ofjuly. the evening and overnight the odd bit of light rain and drizzle to come particularly over the north—west of scotland. there could be heavy bass later for scotland. plenty of cloud in place and temperatures will not drop much. while the date is cool, the nights are mild, 12 or 15 celsius. for the nex

public last month a temporary installation titled a surge of power was put up before dawn by artist mark quinn without official approval he says he was inspired by gen read an anti-racism demonstrator photographed standing on top of the empty prints during the march in june just as toppled the previous statue of state's slave trader edward colton and dumped it in the harbor during global rallies against racial inequality. i think it's something that's incredible for the movie is you know it just shows what kind of come out of out all the protest and how. it's moving forward it's it's talking about spiffy educate ourselves as to why we have got some other moves so you know i think it's a great day to restore think it's a great day that was not a. soul to come when i was there this news hour we now know which stadium will open the 2022 world cup in qatar and he will have all the details of new shadow that's just been released coming up next. time for sports has me long funk you very much while very much shadow has been released for the 2022 world cup in qatar it's been designed to reduce impact

you said mark quinn was the sculpture. what was the process involved.e. that went into a 3d pick. and yes, here went into a 3d pick. and yes, here we are. i do want to ask you, but i think it's kind of irrelevant in some ways as to whether or not you think it's a good depiction of you because it's about what it represents that's important, isn't it? you are totally right in saying that. had it not been myself, it's about what it represents rather than being about me. it's about educating people. people learning, keeping the conversation going. that's what it stands for. it's about moving 01:59:08,574 --> 4294966103:13:29,430 forward and making history. good morning, and welcome to breakfast with dan walker and naga munchetty. 0ur headlines today... the health secretary tells breakfast that face masks will need to be worn in shops and on public transport for the forseeable future but says they will not become mandatory in offices. vat is cut for meals, visitor attractions and accommodation from today — it's to encourage us to head out and to try to help

mark crumpton. this is bloomberg. ♪ vonnie: i am vonnie quinn. hat story mark mentioned a moment ago. you can see the markets. the new china and legislation governing security went into effect today. this is the u.s. prepares to rollout sanctions to punish senior chinese officials over human rights abuses toward muslims. joined by shery. hong kong was just another communist city, but what does it mean for the people of hong kong in terms of how it risk they are for arrestss? shery: are trying to figure that out. time toave not had much go through the full draft, but for now, the protests we are seeing have led to nine arrests of hong kong people. 300 people have been taken into custody, nine under that law. the understanding right now is that this could lead to life sentences including crimes for subversion of state power, collusion with foreign forces. advocates andracy student leaders joined the protest last night. they already severed ties with their political groups in order not to implicate each other, but the key question is how will this ex

mark crumpton. this is bloomberg. ♪ vonnie: i'm vonnie quinn. i'm david westin.ccording to people familiar with the matter, commerzbank is leaning toward a retired leadtive who used to another bank as its next chairman. the nominating committee meeting is tomorrow, friday. they could agree on suggesting him as the lead candidate, after which point, it would have to go to a full board meeting on monday to be approved. could be the new chairman of commerzbank. been a power vacuum at the top of the german lender for some time. shares felltta this week. joining us now is chairman and ceo ward nye. what is your primary concern for ward: we justa finished the most profitable and safest chapter in th for the company. we put in record numbers even went down volume. but if we are looking forward, part of what we anticipate, it anticipate theo seismic shifts that we have gone through covid and not expect some degree of economic softening. we don't take it will be protracted or deep, but we anticipate the next few quarters might see some choppy headwinds, just as we saw in

mark crumpton. this is bloomberg. vonnie: this is bloomberg markets. i'm vonnie quinn. fors go to the emily chang a conversation with the postmates ceo. week.iously big news this postmates agreeing to sell to for $2.65 billion. joining me now is the cofounder and ceo bastion lehman. so curious to hear your thoughts process. as recently as last week, you were still considering taking postmates public. take us through your decision-making progress, how did you decide to sell to uber, and why now? >> thank you for having me, always great to talk to you. you are right, we were very close to -- we were very excited about that pat. what happened in quick order, i got a phone call from dara. we spoke on the phone and we talked about a framework that we think makes sense to bring the companies together, and we took it from there. 90 you are still working on the integration, but what can you tell us? how many of your employees will have a job in this new world? will you be with uber? bastian: we have been focused on the -- for now. there will be time to do work on the antitrust

mark crumpton. this is bloomberg. ♪ vonnie: this is bloomberg markets. i'm vonnie quinn.axim being acquired for analog devices to create a $600 billion chip behemoth. scarlet fu has more details. >> this is a deal to add skill. it brings together the number two and number three players in the chip space to create a star competitor to texas instruments. considered onee of the more boring corners of the semiconductor market. real-world signals like temperature and sound into digital data. sectors tend to be a source of a lot of the man, but they are under pressure given the slow down in the global economy. when that happens, orders slow down over all. that is a contrast to a company like nvidia, which makes chips for gaming and the cloud. analog chips are fairly cheap to make. as a result, they have some pretty fat profit margins come around 65%. they are cheap to make, and they have a long shelf life as well. they don't need to be updated on an annual basis. fascinating deal and they are two of the largest players already. what is the likelihood for any kind of a bidding m

mark crumpton. this is bloomberg. ♪ vonnie: this is bloomberg markets. i'm vonnie quinn.hina boosting its estimated foreign soybean imports, citing increasing demand, this after bloomberg learned the country plan to accelerate purchases of american farm goods to comply with the phase one part of the trade deal. about $4.65rchased billion of the pledged 36.5 billion dollars worth of american agricultural products under the deal. anding us to discuss this talk about the plight of farmers is the president of the national black farmers association, john boyd junior. how are your association members doing? about 100,000 members, nearly half are black farmers. a tough time with the coronavirus. i'm curious what your numbers are telling you? john: our members are struggling. the administration was slow to act to make sure that moneys were in place for farm operating dollars, so that we could plant and harvest in time. there was a short opportunity to get something done there. many farmers are not sure of their future. there is a double-edged sword. on time, borrow funds and ther

mark crumpton. this is bloomberg. ♪ vonnie: this is bloomberg markets. i'm vonnie quinn. some headlines from capitol hill.teven mnuchin says he is still in discussions on the payroll tax and that the country most than what we need on relief, no more than that. he says the group is making progress and wants to finish by the end of july. that is when most of the benefits run out. also when congress leaves. time for our stock of the hour. coca-cola adding some fizz to a flat quarter. ke did come up above expectations but they were jumping over a low bar. earnings per share of $.42, came in two cents higher than the analyst estimate. still down 32% year on year. the top line did come up a bit short, revenue has been hit hard by the fact that movie theaters, stadiums, amusement parks are closed. restaurants are open and limited capacity. that weighs on those critical away from home sales. the good news is that revenue shortfall was made up for in cost-cutting efforts, spending less on marketing, for example. that improved margins. the company signaling that they think the bottom has been put in. fell 25%se uni

mark crumpton. this is bloomberg. ♪ vonnie: this is bloomberg markets. i'm vonnie quinn.rogramheck protection reopened monday morning, the same day the small business administration disclosed data, companies thatr got bailout loans, sparking scrutiny. neil borofsky was the special .p. in 2008.r t.a.r he is currently a partner at jenner & block. first off, what grade would you ppp, as it has been handled by banks so far? neil: that is a tough one. the reason it is hard to give a letter grade, in some ways, it's been successful, saved a lot of businesses that would have otherwise failed. impact, --f that from a front perspective, from the perspective of taxpayer money only being used in the way the framers of the law originally intended, it is probably closer to a d. ofnie: you have the likes food cart vendors, carnegie hall, the guggenheim, the rotarian groups, the church of scientology all applying to the same program. should they be given equal status? neil: it is tricky. there were certain industries that were not supposed to receive funds. hedge funds, lobbyists. it lo

mark crumpton. this is bloomberg. ♪ vonnie: i'm vonnie quinn in new york. welcome to bloomberg markets.joined by our bloomberg and bnn bloomberg audiences. here are the top stories we are following from around the world. escalating u.s. and china tensions. chinese authorities take over consulate in chengdu. the marlins and the yankees can sell games days into its shortened season. major league baseball faces a setback as coaches and players test positive for the coronavirus. it calls into question the safety of sports. ofwill speak with the ceo marx realty on the state of commercial properties. let's get a look at the markets, amanda. we are seeing some positive action, an interesting combination of factors helping markets higher. materials are the real source of strength. gold topping 2004 the first time in a long while. thematerial some group is first one showing the most leadership, but tech is not far behind. it speaks to momentum in the markets. we are seeing some love again for big tech. we will hear from some of the largest as they report today. health care is right along for the

mark crumpton. ♪ vonnie: it is 1:00 p.m. in new york, 6:00 p.m. in london, and 1:00 a.m. in hong kong. i'm vonnie quinn.elcome to bloomberg markets. here are the top stories we are following from around the world. schools across the united states prepare for students to return in some form in the fall. i'll be speaking with authority else goes in garcia, the president of the national education association, representing 3 million public education professionals. we will also be speaking with 2u inc.'s chip pot check. position be taking a on how to stop the administration from enforcing those visa rules that would bar international students. also discussing the ramifications of colleges going online. shares of ncino surging today, $71. the ipo was priced at $31. i will speak with the company's ceo about its phenomenal trading debut. that is all coming up in the next 30 minutes. let's have a look at the markets. banks stealing the show today and it's has been a mixed performance. 1.6%bw bank index is down effectively on wells fargo's performance, which saw some concern. jpmorgan said we are not doing so bad

mark crumpton. this is bloomberg. ♪ vonnie: this is bloomberg markets. i'm vonnie quinn.een crucial have in supporting the global economy during the pandemic. says another outcome is that capital markets are no longer free. let's have a listen. >> today, the economy and the markets are driven by the and thebanks coordination would central governments. the i mean by that is purchases right now of financial assets by the federal reserve, or the purchases by the federal reserve of government securities , are the drivers of that market. ,o the production of the money if you look at who is in the market -- so the federal reserve, for example, will set an interest rate that will, for different types of creditors, based on different objectives. in the old days with the financial crisis, we needed to protect banks because they were moneyically important, market, commercial paper and the like. now it is much broader than that. the whole economy is systemically important. if they didn't make lending to companies, including what we call fallen angels, those that were just above inve

mark crumpton. this is bloomberg. ♪ amanda: i am amanda lange. vonnie: i am vonnie quinn.e the top stories we are following. china vows retaliation. with fromans to close countermeasures after the u.s. forces the closure of a consulate. start your engines. tesla earnings are due after the bell. will the valuation hold is the company reports financial results? fighting the pandemic. the u.s. agrees to pay almost $2 billion to secure 100 million doses of a vaccine made by pfizer. amanda: we get a quick check on the markets. there is an increase in tensions between china and the u.s. and that could be weighing on sentiment. we are seeing enough in their earnings story to create a bit of cross information for these markets. good news on the vaccine front, but we have also got continued bad news on the covid-19 front. we continue to get economic data points that show we did get a rebound in may. we expect one in june. pretty flat markets and the rate sensitives are leading higher. real estate is the real strength. the nasdaq is weak. pfizer is one to watch. $2 billion in the pr

mark crumpton. this is bloomberg. ♪ amanda: i'm amanda lang in toronto. welcome to bloomberg markets. vonnie: i'm vonnie quinnw york. we are joined by our bloomberg and bnn bloomberg audiences. here are the top stories we are following from around the world. reopening schools in a pandemic. we will discuss the troubles schools, teachers, and parents face with randi weingarten, the mannequin federation of teachers president. shares of netflix and drop after delivering a technet subscriber forecast. we will break down the company's earnings. asices face record vacancies employees shift to remote work. we will discuss the commercial real estate market with scott crowe of centersquare investment. eyes on theing our markets, we are managing to see gains but certainly some sentiment weighing across stocks helping outx not the rotation out of tech we have seen in the last few sessions. dow now in negative territory. the s&p just six points higher. we are led by utilities, health care, real estate. weakness for consumer facing groups and energy today. this as we continue to watch the pace of the pandemic. it is not j

mark crumpton. this is bloomberg. amanda: i'm amanda lang in toronto. welcome to bloomberg markets. vonnie: i'm vonnie quinnw york. we are joined by our bloomberg and bnn bloomberg audiences. here are the top stories we are following from around the world. retail sales exceeding forecasts as economies begin to reopen. americans are returning to spending, but can it last? russian hackers target vaccine data. the u.s., u.k., and canada confirming russian intelligence is trying to coach research for a covid-19 vaccine. mounting alexion risk. we will speak to solita marcelli from ubs global wealth management. let's have a look at the markets. amanda: positive retail sales data acting positively on stocks. the markets are a little lackluster, seeing a repeat of recent sessions, even when we have had gains. tech,e a rotation out of leading the declines once again across the s&p 500. that is the group moving most significantly to the downside. no help from financials as we hear from the banks, basically flat on the day. utilities and materials is where the market is rotating into today. similar situation in toront

mark crumpton. this is bloomberg. ♪ amanda: live from toronto, bloomberg markets. i'm amanda lang in toronto. vonnie: i'm vonnie quinnyork. we are joined by our bloomberg and bnn bloomberg audiences. here are the top stories we are following from around the world. chicago schools prepare to reopen. we will speak with the vice president of the chicago teachers union on the hybrid learning model said to be in place for reopening this fall. investors gaining access to the clo market. tempos $250 million valuation. the at-home fitness company raised new capital. we will talk with the ceo about their plans for the future. president donald trump planning to sign an order to direct bytedance to divest its ownership of tiktok, of course, popular in some circles. been reviewing potential national security risks due to the company's control of the app, and the order could be announced today. this is something that had been china'sr the head of bytedance. president trump no ordering bytedance to get rid of tiktok over potential national security concerns. amanda: we will watch to see some reaction in the markets. watching react

mark crumpton. this is bloomberg. ♪ vonnie: it is 1:00 p.m. in new york, 6:00 p.m. in london, and 1:00 a.m. in hong kong. welcome to bloomberg markets. i'm vonnie quinn.ere are the top stories we are following from around the world. u.s. jobless claims rise for the first time since march. the data putting a halt to the rally in the s&p 500, putting more pressure on washington. have a headline crossing the bloomberg that we will discuss later on. raise $44talks to billion in funding. spacex in talks to raise funds billion,ation of $44 according to people with knowledge of the matter. tesla's stopped taking a u-turn along with the market on the news. quarter is not pleasing investors as much as it did earlier. how investors are positioned in one of the most traded stocks. as states and town start to lay out their back-to-school plans, we speak to larry delaney, president of the washington education association. reopening plans become a key part of business. we have done a u-turn in the markets. the s&p 500 and the dow down .3%. is down 1%, taking a nosedive in the last few minutes. is rapidly approaching the $1900 mark. that is a risk off kind of sentim