this is good news for rbs.t means it is on the way to owned publiclyy listed bank without state ownership and also it will pave edinburghasedhe dividend payments. matt: one of the interesting things and we were talking about this morning, why is the government selling now? usually want to so when the price is high. buy low, sell high. thehen you think it hits top or sometimes when you just need the money. let me move to you and talk about budget airlines. airlines have been all of the news, why ryanair, why easyjet? >> they are both in the news this morning. ryanair announced its traffic stats, they look in line with what analysts were expecting for the quarter. passenger traffic growth of 6% to about 12.5 million passengers. they say m than 200,000 passengers had their flights canceled last month due to shortages and strikes at air traffic control and due to some -- thunderstorms. toyou add the numbers back the monthly numbers, the growth will be somewhat stronger. the share price is not going to be adversely

the government is selling a bit of its stake in rbs but making a bit of its stake in rbs but making a hargreaves la nsdown. what do you make of this? the government and others as taxpayers pretty significantly out of pocket? the reality is that is what the shares are worth on the market. the taxpayer is holding an acid above value which is selling for cash. i guess the thought in doing that is that the government does not think it isa that the government does not think it is a natural shareholder of bank shares, i think probably most governments would probably take the same view. also there is a cost to rolling that cash over in terms of government borrowing being racked up and on government borrowing you are paying interest. now that money which has been redeemed from the royal bank of scotland is able to go down and pay the national debt. i guess the question is what is the right time to sell rbs? unless you have a crystal ball you cannot save the sure that the price will be any higher in the immediate future than what the government has overnight? also, as our other guests richard

february marked a significant profit breakthrough for rbs. it does look a lot leaner, a lot more streamlined, but no doubt, you know, as we were discussing on "squawk box" yesterday, m&a in the banking sector is still very much the word of the moment, and it does feel as though more consolidation needs to take place, not only in continental europe, but here in the uk, too. >> that's right. >> so maybe that's where we're going ultimately. >> and how clean the asset is that you might be buying with still a lot of legacy issues jeff, thank you for that i think you're done for the day. >> are you bactomorrow you bright early. >> see you at 6:00. >>> barclays ceo says there is case for consolidation in european banks in an exclusive interview with wilfred frost, jeff staley said it could help regional lenders build scale like u.s. peers but wrote down any potential deal with standard charter. >> there is no deal going on with standard charter. we spent a lot of time restructuring this bank. we're done we had a terfic first quarter, so we're off to

some of the retail under pressure and the rbs story to factor in. ofould argue that is a ck direction from the euro rather than risk on vibe. l' you wt the picture is. 77.4129 with the ftse. -- 7741.29. -- i am interested to see what the breakdown is on the ftse 100. other markets will drift, i think. you won't see much coming out of europe in terms of direction. think below the surface, there could be interesting stories but we will see what they look like

stevenson came across after four years at rbs.g fines, getting involved in scandals, basically not behaving as they should towards their customers. he came out of this with a good reputation. as the cfo, the bank started to return to public ownership. the government owns a 70% stake until a couple of weeks ago. the person he is replacing also had a good reputation. he had been there for 11 years and was considered for a job that had gone to one of his colleagues and not him. perhaps decorative contribute it -- perhaps that could have contribute it to his decision to move on. hsbc is going to do the same thing it has been before. the people i've spoken to think it is a good move. vonnie: it speaks to a level of uncomfortableness, right? investors want europe index to get it together. what happens next when it comes to hsbc, which is not a wholly european banks, but has a lot of presence in europe? stephen: that's right, they released a new strategy when they announced they are going to invest $7 billion in technology and growth in

tay, the government divestment and the stake in rbs.is one less obstacle for the bank to issue its first dividends since the financial crisis, but how will that dividend compared with its u.k. peers? i am looking at the dividend yields versus the hs yields. lloyds is offering about 350 basis points on top of the 10 year base -- 10 year yield. this is the competition that rbs faces. you can see, pretty stiff competition. if you want to check out this chart, go to the bloomberg. mark: fine, what have you got? vonnie: you were just talking about emerging markets. i thought i would show you one dilemma that one emerging market is having, that is india. is aan see, maybe it little bit not to scale in the sense that this line is actually 6%. this is the central bank's target rate. this is where the 10 year bond in india, close to 8%. it is almost a 200 basis point spread. this is where the corporate rate is and that is at a three-year high. reserveral bank and the bank of india are between a hard place and a rock, because they want to keep th

had a few problems and people put that down to not investing its technology —— when rsp. —— when rbsthey all seem to be slightly different insta nces seem to be slightly different instances —— we don't know what has happened with visa, of course. these banking systems need to be better. how is easy to get compensation if you are a customer or a company, small business? for customers, it might be people buying petrol, people buying drinks, having problems, but there will be people who are out of pocket. let's say you could not get a train because the ticket machine was not working and people had to stay in a hotel. people have had to switch to more alternative cards, as well. there is no president for this but if you are a customer, contact your bank when the dust has settled, keep your receipts and ask for compensation. it is not the fault of the bank but they may sort something out behind they may sort something out behind the scenes with visa. what paying options do people have? i no longer have a cheque book. two companies still accept cheques? ash do. i do have a mastercard. peop

a newhough they promised financial director, the cfo is coming from rbs. we saw that surprise recognition coming from stevenson. he will go to the main competitor. thes 90 minutes into trading day in the u.s.. abigail: the bears are out in the u.s., similar to what you were talking about. they are all sharply lower. the s&p and the nasdaq are on pace for their worst days of the month. we will be taking a look at that. it's worth noting we have another weekly decline it. the major averages declined. the dow is on pace for its third down week in a row. it's the biggest losing streak since 2016. as for the nasdaq, let's look at the bloomberg. this is the daily performance of the nasdaq 100, big attack. desktop 10% onon the year. they are on pace for the worst day since the end of april. it's similar to the kind of declines we saw in the earlier part of the year where we had volatility for the tech stock. we are going to see amazon, netflix, and facebook lower. netflix is down. point, it's the worst day since 2016. the fears of a possible trade war is starting

government sold a 7.7% stake in rbs.p hammond giving a statement from the treasury saying that the proceeds will go to reducing debt. they have 2.5 billion pounds for the u.k. taxpayer. the government should not be in the business of owning banks, they said. and was never the intention to hold onto to that stake. coming up, we will bring you special coverage from the bloomberg investment summit in new york. lots ahead in that conversation. perhaps trade will be a big talking point there as well. this is bloomberg. ♪ anna: tuesday morning, 7:18 a.m. juliette saly has the bloomberg business flash. juliette: the u.k. government said it sold a 7% stake in royal bank of scotland reducing its holding a decade after the financial crisis. 2.5sale raised about billion pounds which will be used to pay down national debt. crisis,he financial britain injected more than 45 billion pounds into rbs within the biggest banking bailout in the world. dips on news that the ceo is stepping down. he took the country does company to over 200,0

the moral the story from rbs selling at 7.7% or a government selling at 7.7%? ruth: remember 2007.ed to do this, it could not, the government bailed it out in 2008 and now it seems like we have come full circle. the government is trying to sell its stake in look for new ceos. the question is what is next and who is bold enough to take on this with the memories of the crisis so close behind us. mark: and who would want to be cfo or ceo? you are a shareholder in your sitting at losses on 7%, at air france you are sitting on gains of 7%. the point everybody is making in terms of an idea of them combining -- air france is looking at some of its low cost or even high end options and combining them with fidelity. why do they need to take a stake in this company that itself is dealing with management issues and labor unions and shareholders have made the stock of this company go down 25% this year. you are wondering why do they need this monetary investment, why can't they just do a partnership, apart from the fact that it is a good solution. mark: we have so much more to talk about. time

mark: let's talk about rbs. big story today, the cfo has resigned, yes.ephenson, a respected, four-year veteran, who piloted the bank through restructuring, has left the company. why has he gone? >> it is an odd time to announce it. i mean, rbs seems to be coming out of the woods after a decade restructuring from the crisis. it looks like the government will be able to sell its stake in the company, and he's off. he's gone somewhere else. you can only imagine he has had a good offer from somewhere. mark: somewhere. eric: maybe in australia. he is from new zealand. maybe he had a good offer from a bank somewhere in that region and he has decided to take it up. it will be interesting to see what happens and how quickly. jonathan: the u.s. subsidiary of deutsche bank getting added to the federal list of troubled banks. deutsche bank's ceo says he is committed to the united states, saying his firm might pull back from a couple of business areas, but fundamentally the united states has been the most important market for us. >> the day's news, they remind ambas

that will be capping the overall price point for rbs going forward. that is good news if want t be getti dividends if you hold rbs going forward. sky, not a massive moves, but we get the thumbs up that they are 20owed they are to see century fox buy sky if they offload the news part of the business. vying for that particular asset. it is the day to be looking at italy. check out what is happening in terms of italian that yield. we are seeing the premium taking a higher. we are not near the selloff we saw last week. that yield spread over the german bund is more than two percentage points. the concern about giuseppe conti, the newme minister behind the populist vote. you will see money go to the poor, cisco expansion to the tune of 120 billion eurosaccordi that will start to increase the pressure between the eu and those budget commitments. let's check out what is happening in terms of fx. i want to take a look at the great british pound. up 0.2%. we havee fuel of the u.k. economy doing better than expected, three-month high or services. see the britis

mark let's talk about rbs. : the cfo has resigned, yes., four-year veteran -- four-year veteran, who piloted the bank restructuring has left. why has he gone? >> it is an odd time to announce it. i mean, rbs seems to be coming decadethe woods after a after the crisis. it looks like the government will be able to sell its stake in the company, and he's off. he's gone somewhere else. you can only imagine he has had a good offer from somewhere. maybe in australia or new zealand. maybe he had a good offer from the bank somewhere in that region and has decided to take it up. it will be interesting to see what happens and how quickly. jonathan the u.s. subsidiary of : deutsche bank added to the federal list of troubled banks. says he isnk's ceo committed to the united states, and you might call back on a couple business areas, but the u.s. is the most important market. , they remindnews ambassadors is the difficulty they are facing in the u.s., clearly it means a special attention from the u.s. regulators, which doesn't make your business dealin

rbs is a smaller, simpler and safer organisation than the one the government was forced to recapitalizee price reflects that reality. why sell now? crystallising a loss that rises to in excess of three billion when financing costs are included? when there is no pressure and when the government claims to be positive about both rbs and the community? the bank which has been in the process... which we sold shares in yesterday, it's a very different organisation. its balance sheet is £1.75 trillion less. instead of operating in 38 countries, it's operating in nine. he must recognise surely that in fact the bank is being sold at a massive level below that which it had when it was bailed out in 2008. so, of course it's the taxpayer who's bearing the cost of this situation and will he not recognise that in fact it will not do for the government to say we now have a bank which can pay a dividend. we now have a bank which has made progress and we therefore are delighted to sell it to private ownership while the public who bailed it out in fact lose on the deal significantly. it's beginning to lo

rbs was hit a few years ago, for example.der don't they have back—up systems? who knows? i'm sure this will come out in the wash in the next few days and weeks. both tsb and visa. it's so important technology works in this day and age. we rely on it. many people don't take cash out with them any more, it's easy to pay on your phone, contactless cards, chip and pin. it's so important that technology works. we're not in a crisis situation, but we do need these big organisations to do better. on the inside, is there an issue with banking technology or companies that install the technology, got up and running, and now it's just held together with sticking plasters? it's difficult to know exactly. i think you probably need a software expert. i remember a few years ago when rbs had major problems. a lot of people put that down to not investing in its technology. tsb's problems were due to moving customers from one computer system to another. in that, a lot went wrong. we don't know what's happened yet with visa. they all seem to be

rbs is a smaller, simpler and safer organisation than the one the government was forced to recapitalisewhy sell now, crystallising a loss that rises to in excess of £3 billion when financing costs are included, when there is no pressure and when the government claims to be positive about both rbs and the community? mps debated how best to respond to a controversial decision by donald trump to impose import tariffs of 25% on steel and aluminium from the european union, canada and mexico. one mp wanted to hit the president where it hurt. he likes golf. let's have golf tariffs on golf owners in scotland. let's bring them in immediately and stand up for our steel community instead of this rubbish that we can do nothing about it. fight him. i've said this before, but it's been a bumpy week on the brexit front. david davis was apparently on the point of resignation over theresa may's proposed plan b or backstop if the negotiations don't produce a deal. then there were the comments made by borisjohnson that the brexit talks strategy lacked guts. and looming very large on the parliamentary hori

shares in rbs fell after the government sold a 7.7% stake for £2.5 billion. for the exporters on the ftse100 because they make their money abroad in dollars, and when converted a strong pound means they get less for their money. i said we would check in on the price of oil. there are days, brent crude down at $74 a barrel. that is all your business for now. thanks, ben. time for the weather with ben roach. hello, jane. thank you. things moving relatively slowly and sedately with our weather at the moment. nothing changing to dramatically but there are areas of cloud floating around so yesterday the isle of wight looked like that, and today it has clouded over. much greyer conditions in southern and south—western areas to take us through the rest of the afternoon. the satellite shows where we have had a lot of cloud but it has been breaking up from the north, so a good part of scotland, northern england, already seeing spells of sunshine, and sunnier skies will edge further south going through what is left of the afternoon. for northern ireland, small chance o

the latest sale of shares is expected to raise $3.abn, and will reduce its holding in rbs to 62.a%.he government since it was bailed out for $60bn at the height of the financial crisis in november 2008. the man who built starbucks into the world's biggest coffee chain, howard schulz, is stepping down after nearly four decades at the company. let's go to our asia business hub where rico hizon has been following the story. this is a big loss for starbucks. what is mr schulz going to do next? starbucks is everywhere and is prevalent in asia. howard schultz is a loss for the company. he is exploring a number of options, writing a book, spending some of the family this summer. the most interesting option is running for public office. we could see howard schultz 2020. speculation has been swirling for some time now that he has presidential ambitions, frequently mentioned as a possible candidate for the democratic party. in an interview with the new york times he said he was concerned about the growing division in america and its standing in the world. if he i’u ns its standing in the worl

bryant young (2000) and rb garrison hearst (2002). bro-mance) a fun litle sidebar emerging from 49ers mini- camp... the budding "bro-mance" between 1st round pick and rookie offensive tacke mike mcglinchey... and veteran all-pro offensive tackle joe staley... there has been a lot of talk in camop and via social media of how well the two have hit it off... not only the mentor- student thing... but a real friendship that started up quickly and has gone from there here is mcglinchey when asked abour the "bro-mance" with staley...(sot: mcglinchey) 'joe's the best, and we've hit it off great. joking with everyone that he's my new best friend, and i'm his. and it's ben a lot of fun. i great to have somebody to be close with and also have the experience he dies, and the knowledge that he does, and be able to bounce things off him that's i'm working though, and that i'm trying to do. he's been there for me every step of the way. not only from football, but also in getting acclimated and having fun here in the bay area. so, he'

. >> hsbc, europe's biggest bank announced its hiring former rbs director to succeed in mccain.? >> i think it is a good hire. stevenson came across after four years at rbs, four years of losses, paying fines, getting involved in scandals. but came out of this with a good reputation. as the cfo the bank has started to return to public ownership. the government still owned about a 70% stake until a couple weeks ago. the person is replacing at hsbc also had a good reputation but he had been there for 11 years. general, this is not going to change the direction of hsbc. it's going to keep doing the same thing has done before, but the people i spoke to think it is a good move. >> show me has raised $4.7 billion in its hong knong ipo. the smartphone maker priced shares at $17 hong kong dollars each. separate sources say billionaire george soros and china's hillhouse r money investors. how does this match to expectations we had four xiaomi? >> they were targeting a valuation of $100 billion. they ended up getting about half, only $54 billion. the reasons are complex, but one, the mark

rbs shares to be part nationalised in the financial times.ed to the groenefeld —— the list of safety failures which led to the grenfell tower disaster in the guardian. details have been published. and a picture of the kitchen of flat i6 published. and a picture of the kitchen of flat 16 where the fire started. an mi5 undercover operation to capture britain's youngest female jihadis he was found guilty of terrorist charges at the old bailey today. thousands caught in a debt trap as social care costs go up. and the smash and grab robbery carried out on michael mcintyre. we will start with the grenfell tower enquiry. why were they not told to get out? front page of the telegraph. the fire brigade's responds to this. while the place was on fire and burning, people were told to stay in their flats. the most worrying part of the article is quite far in. it says that the head of this report is still unclear about the basis of delaying the strategy. saying there was this significant period where people were trusting the fire service who were telling

came across after four years at rbs, four years of losses, fines, getting involved in scandals.g as they should towards their customers but he came out with a good reputation. as cfo, they have returned to public ownership, the government still owns a 70% stake until a couple of weeks ago. the person he is replacing have a good reputation. he had been there for 11 years and was considered for the coo job. this will not change the direction of the back, hsbc will keep doing what it has done but the people i have spoken to think it is a good move. a 4.7w me has raised billion dollars and the hong the beijing-based smartphone maker priced shares at 17 hong kong dollars each, the lower end of the market range. separate sources say george soros and a chinese company are among investors that place the orders. how does this match expectations we had? >> they said they were targeting a valuation of $100 billion in the ended up getting about half of that violation, $54 billion, the reasons complex. the markets are certainly rocky, the trade tensions have been challenging. they wanted to

the british government still owns 62% of rbs. david: thank you. minister guiseppe contact gave his first speech to parliament today and promised an awful lot to a lot of people. we welcome our colleague in rome, kevin castillo. the speech ended. what did we learn, is he making any tough decisions yet? we learned he will really follow the populist agenda, a populist and costly agenda. some estimates put it as high as 126 billion euros. the question is if it will come back to when the previous government had, where is the money going e fro david: does he have any problem between his two populist parties? we have more of a right party, and a more left one. is he going to be able to pull those two together? the question might be are the part is going to be able to put him together because he has a lot of competing interests. the league is insistent on a flat tax. the five-star once the active support for the poor. the middle. how he will handle it, only time will tell. david: thank you, kevin. alix: so what is the trade over in europe? still with us i

rbs shares are down three and a half percent. it is a mixed picture on the european market. investors getting some what of a boost on strong economic data on china that suggested growth would remain strong despite tensions on trade. washington state has begun legal action against google and facebook for failing to keep track of who was placing political ads. -- tote law requires a al report who is reading -- is behind spending. they fail to meet these obligations since 2013. both companies say they are committed to transparency. >> apple meanwhile is saying its latest operating system will stop apps secretly tracking online activity. >> it will block sites from tracking users. the company says the upgrade will make it dramatically more difficult for data companies to identify the device that is being used and to track the user. the new operating system willll haveve tools that will allow parents to limit children's screen time. one company not having a good day on the market is the firm shark. it said -- firm sharp. it also announced plans to issue new stock and plans to exp

tomorrow tar tifs by the europe rb union are set to go into effect o a number of us goods. the eu ma florida, orange juice, tennessee whiz time critic and harley davidson mosquitoes plus corn and pork both of which are big exportsfoe the president actually held hisl you he has a lot of fans in minnesota. at least 15,000 people couldn't get into the i held 9,000 peoe, but sadly 15,0 people couldn't get into th arena. but it was a very special evening and people had a good time but they als heard a lot. q. the president brought up the rally during today's cab meeting but one of the big topics of the meeting was a plan to massivelyve ohaul the federal t government. he uh-uh introduced the budget dalector to tabout the plan but didn't s exactlyet expectations tooig h nick muscle vein i isg going to be g a little media media. would the like to hearick muscle vaip i report orould you find it extraordinarily boring and therefore not fit for camera? don't know. despite low expectations as to how interesting mul vaip i would be he actually impressed his boss by demonstrating using f

remember, the uk government rescued rbs during the 2008 financial crisis today the british government7.7% of its shares of the bank for about $3.5 billion and is expected to sell the rest of its stake in rbs over the next couple of years. >>> and finally, one of the hottest software stocks in the world posting some solid results. coupa software is a cloud play that share up about 1.4% right now, adding to its 80% gaiin the past year. all right, cool, new look there. all right, we are just getting started here on "worldwide exchange." >>> on deck, a big warning for you and your money from the world's biggest bond fund. why pimco says we could be in for a rude awakening and we are talksing tech, the record high.ng to yet another and your morning rbi brings you one stock that really takes the crown in a big way a lot more to do 'rba a watching "worldwide exan."wee ckfter this. ♪ here. we perform over 50,000 operations a year in places like this. for the past 15 years, our safety measures. and today, our hospitals have some of the best patient safety records in the country. now, we're con

but that has just been announced this morning on rbs, and as you rightly point out, i am infull on rbsthe way this job roles. me in hive is. obviously this is the way thisjob roles. —— high—vis. me in hive is. obviously this is the way this job roles. -- high-vis. and i think it is a new colour combination for the high—vis. i think it is a new colour combination for the high-vis. back where she belongs, in the high—vis! here is carol with a look at this morning's weather. nobody rocks high—vis like our steph. the cloud is thick enough this morning to produce some drizzle. patchy mist and fog around as well. it will brighten up many parts of the uk from the north. not everywhere. the other thing to bear in mind if you have an allergy to pollen is these are our levels today. high across england and wales, away from the far north of england, where the levels are low. high pressure still very much in charge of our weather, an easterly breeze coming around it. the strongest breeze around the northern isles in the english channel and a weather front bringing showers in across the north of fr

rb was brought and as our premier product and that's where we deliver the places we serve. >> host: so, when you talk about attractive areas such as suburbs, are you talking about profitability? >> the market area where we can make a difference. tds is the second largest wireline provider in the united states vary between some of our corporate partners like at&t and verizon is quite large. we've used an opportunity for us to make significant investments to bring urban services to suburban and rural areas in price, value-based price and good customer care. that's the only strategic advantage we bring in move really had a very successful time running our business in that direction. postcode given that you serve rural areas, what are some of the issues you face when it comes to economy of scale? >> certainly in the video side of the business, let me back let me back up and say the most extensive portion of our business is building fiber-optic network whether in the cable business or wireline business. the second suspect to broadcast channels we put on our cable system or program access an

rb had a dramatic in the both games and agreed with. the match between spain and morocco it was so dramatic i stink i think i'm still shaking it actually happened as people thought these were going to be easy games for spain and portugal to take the lead and go into the knockout stages but it ended up being a lot more close because as you can see here spain from seed a very early goal from morocco that gave them the lead and suddenly everything seemed open again because of spain were to lose or might be consolation for that one go through but it didn't take long they equalised before half time which made it one all and saw the spanish go through again and then morocco scored another shocking one put them on the brink of elimination again. and spain scored another one which made it to all in the end and it was just narrow enough that they made it through put them on five points which still could have cost them the next stages if things would have gone differently in the other game you know that's true they are but about portugal and iran

well i think there was a concern among the japanese and we know that shinzo rb is much more hardline on his position with north korea than the president of south korea and he was concerned that donald trump would be so focused on doing a deal for the united states and for donald trump space and to make donald trump look good that key issues would be forgotten not least the medium and long ballistic missile program that north korea has and also the alleged abductor japanese citizens who japan says were taken by north korea and have been held in some cases for more than thirty forty years and so he wanted some face time with the president to make sure that that was on the agenda and certainly from what we had in the last twenty minutes or so shinzo abbey has convinced donald trump that this is an issue that needs to be raised very evilly on in the process now from donald trump what we got was a bit of mixed messaging if you're a political operative if you worked in a press office you would be very concerned about what he's seeing because he's saying look this is a problem that should h

the government own 62% of rbs.s to limit facebook's ability to collect , and updating iphone, ipad macintosh software so the default browser will ask users permission before loading buttons from social networks. those make it easy to share web content but allow facebook and others to collect user data. ceo is cautious when it comes to bank mergers. he says consolidation could reshape the european banking industry, but there is a downside, he spoke with bloomberg's manus cranny. >> consolidation done in terms ,f creating size without focus and added value to clients and shareholders, they create even more problems than solutions. what we need to see in the industry is focused consolidation where you get scale and diversification. taylor: that is bloomberg business flash. francine: be italian prime minister giuseppe conte gets his maiden speech in parliament this afternoon, the first public test balance thety to competing demands of the parties who put them into office, followed by confidence vote in the senate and l

the sale will reduce the taxpayer's stake in rbs from 70% to just over 62%. height of the financial crisis a decade ago. god's own country — that's how many refer to the yorkshire countryside. lancashire is known as the red rose county, kent is the garden of england. but which county in england has the strongest identity? and what about england's towns and cities — and the rivalries that go with them? for the first time, bbc news has attempted to map the local and regional loyalties in england. our home editor mark easton has been investigating why people love the places they do. beneath the veneer of national identity, england is a rich tapestry of ancient allegiances and rivalries. support your county! show your colours! in yorkshire, the medieval emblem of the white rose is still glorified as a symbol of county pride. as the tour de yorkshire cycle race speeds across the east riding, local schoolchildren are taught what it means to hail from yorkshire. there are lessons in welly wanging, pudding races and tug—of—war. the amount of children that have said "

i remember a few years ago when rbs had major problems.down to not investing in its technology. tsb's problems were due to moving customers from one computer system to another. we don't know what's happened yet with visa. they all seem to be slightly different instances but whatever the reason we need them to work for basic functions, and banks and payment systems need to be better. if you were affected by this, how easyis if you were affected by this, how easy is it to get compensation if you're a customer or small business? i think the customers is predominantly in the moment issue. yesterday evening people buying petrol, going to the pub buying drinks, they were having problems. there will be people out of pocket. let's say you couldn't get a train and you had to stay in a hotel. we've had examples of people use these cards and have to switch to a more expensive card. i would suggest if you're a customer, contact your bank when the dust has settled. keep your receipt and ask for compensation. it is not the bank's fold but they may hopef

there rb more than 51,000, in by sea. let's bring in thomas in berlin.is also the chair of the department of french studies at the university of california los angeles. some closing their borders. we have heard from the british singer and actor sting criticizing europe's mixed response to this. let's take a listen. you have shown how to treat refugees. you are act with compassion and common sense does europe continue to grow apart? >> yes. it does what they are trying to do is to iron out some of the major differences so they can make some progress and constructive progress on this question that has been shaping european union politics for at least the last three years. most notably poland and hungry. people find it problematic. france putting pressure on countries that refuse to take in migrants by pushing for financial sanctions. what do you think the impact will be in that? there are inconsistencies. we are seeing those countries that have external borders that were impacted by the global refugee crisis they are looking to the european union to get as

well the japanese prime minister shinzo rb he's arrived in washington to make sure that tokyo's concerns are not left out at this u.s. north korea summit able have two hours to put his point to president trump before they both leave for the g. seven summit u.s. ally japan has been absent from recent dealings with north korea abyei is concerned that mr trump could make concessions like agreeing to reduce america's military presence in the region. now the u.s. has sent two more employees home from its consulate in the chinese city of thought that they have fallen victim to say called sonic attacks similar to last year's cases in cuba florence louis has more from beijing. this case cretonne out to be more serious than previously thought a u.s. medical team is currently in the southern city of toronto to conduct screenings on american government workers and those workers who've been sent home from china had complained of the same symptoms suffered by their colleagues in cuba including hearing loss headaches and nausea and those diplomats in the families in cuba were later diagnosed with show

plus 14 rb's and 7 assists.. and thank the basketball gods for that..g one of the worst games of his career.. klay did come alive later.. iggy, back from the bum knee made stops.. and javale mcgee delivered off the bench.. but just like last year, it was durant who made the difference and the warriors win game three 110-102. ( darya ) he was amazing alright.. even lebron was in awe.. lebron had an alleyoop to himself.. and it means nothing.. lebron had a triple double and it means nothing.. lebron passed michael jordan for the most 30-point games in the playoffs and it means nothing.. because lebron is a great player, but the warriors are the greatest team..<"the marginal error was very low tonight. you can't... its almost like playing the patriots, you just can't have mistakes. they aren't going to beat themselves.">(

taking trump oos anti-immigration rhetoric seriously, refugees rb fleeing for canada.ome legally and some illegally. while president trump hasn't fulfilled any of the promises to bring back jobs, coal and pride he has brought back the under ground rail road all aboard. >> we were able to share stories with the run away slaves themselves, they risked all. the most touching thing you have museum are these shaq ls. we take this when we speak to school groups and let the children put them on and they are so small they will only fit the ankles of children. these are children shackles? >> yes. >> oh my god. wow. some people want to think that happened a long time ago and it doesn't involve me, to think these were once around the ankles of children, little kids. >> yeah. >> this is a heavy burden to carry investigating this history and your family personal history. sometimes it might be overwhelming or gets hard. what keeps you going? >> it does get hard at times. i'm going to cry. sorry. >> they are just people whose stories are so dramatic they need to be known and it's add

differential between the fed and rbs in a more germanic way.k a little more broadly at the yen, trading potentially, some headwinds going into the tokyo open. sterling again falling to the weakest since november, the u.k. boat as ther the anti-brexit lawmakers push for having more of a say in the process. u.s.a reminder, we thought stocks closing lower but well off the session lows, that s&p dropping the most in three weeks, the dow the sixth session lower their in a row. adam haigh is here with us. what is the resilience we are seeing in u.s. stocks to all that is going on? remarkable in some ways. every time we see some big shock to the global thematic risk event like we had yesterday, u.s. stocks show continuing resilience to be able to go through these. futures were down 1.5% during the asia session, then they paired a little bit into the new york session and the s&p ended up down only about .4 percent by the end of the session. it's the bulls coming back to the argument that held for many must this year but for many years of the bull marke

port, cheese,rb, cried apples. >> the white house releasing more details between president trump and kim jong un. treating the venue for t singapore summit between protest . we thank our hosts for the hospitality. president trump talked with the north ahead of the summit have been positive. >> a lot of relationships coming along. very important couple of days. tracee: nba star dennis rodman reportedly pns tvisit ornext week. he made at least three trips between 2013 and 2014 and met with kim jong un. cheryl: fed by a esident than just donald trump. president trump now praising mitch mcconnell for keeping the senate in washington this summer after he canceled most of their august recess. the president trading overnight mitch mcconnell announced he will cancel the august recess. maybe they'll get something done other than acceptance of high crime and high taxes. we need orders security. the senate majority leader would keep democrats on the campaign trail community says there's too much work to be done but taxing the spending bill among other issues on the inter facebook under fire for

the pfwa, joining db jimmy johnson (1972), qb joe montana (1988, 1994), dt bryant young (2000) and rbon hearst (2002). the 49ers and raiders in mini-camps this week... let's go to santa clara and the niners.... richard sherman... apears healed from that achilles tear and participating in workouts jimmy garoppolo... of course all eyes will be on him as the 49ers quarterback going well into the future but maybe even more eyes on reuben foster... back with the team after domestic violance changes against him were dropped when his former girlfirend testifies he made the story up... head coach kyle shanahan... asked about foster's return to the field... says he lis impressed with the entire linebacking group... inclduing foster... (sot: shanahan) we've got a good group. every guy, i think there's seven of them, inside linebackers, we've got right now. all seven of them are nfl players. they all work, they all challenge each other. but, they all know there is some real competition there, too. reuben, i always tell him that he's like 'the waterboy' out there. he's just flying a