and renault is a major stakeholders of nissan.he french government wants to increase its voting rights in renault to 28% next spring to gain more influence in management. nissan officials are worried the move cou strengthen the government's influence in their company. renault holds about 43% of the voting rights in nissan. the japanese company's proposal call on french officials to promise in writing they will steer clear of nissan's management. they also include a review on a tie-up agreement, the the two carmakers have which bans nissan from raising its stake in renault without prior approval. renault is scheduled to hold a board meeting on friday to discuss the matter. nissan officials say they would consider scraping the tie-up agreement if renault rejects their proposals. >>> checking the markets, japanese stocks rebounded as yen appreciation took a breather. the nikkei average snapped is its three-day losing streak. we go to our market reporter, mayu yoshida for more. >>> the pull back in the end strengthened overnight gains

influence in renault's management.san is worried the move could strengthen the government's influence in their company. renault holds about 43% of the voting rights in nissan. >>> the japanese company's proposal to call on french officials to promise in writing they will steer clear of nissan's management. they'll also include a review on the tie-up agreement which bans nissan from raising its stake in renault without prior approval. renault is scheduled to hold a board meeting on friday to discuss the matter. nissan officials say they would consider scrapping the tie-up agreement if renault rejects their proposals. now let's check in on the markets. tokyo share prices are trading higher this morning following a rebound on wall street. the nikkei average now trading at 19,228. a gain of more than .9%. analysts say bargain hunters are picking up some shares after the recent decline, but the upward momentum is capped ahead of the u.s. federal reserve policy meeting next week. let's move on to currency. the dollar is gain

renault holds 30% of the japanese voting rights. it's considering raising its stake in renault to more than 45%. japanese corporate law allows them to do it if they hold a quarter stake or more in the french auto maker. >>> japanese officials say they have more tax revenues than expected. they say the revenue will exceed a projection they made in january this year by more than 1.5 trillion yen. that's more than $12 billion. total revenue will be at the highest level in more than two decades. the amount for fiscal 2015 which ends march is now estimated to come in at more than $455 billion. they attribute the increase to a rise in corporate tax revenues on the back of corporate earnings. they say another factor is higher income tax revenues due to increases in wages and stock dividends. the officials plan to put the extra money to work to use it in a draft supplementary budget to be worked on. it includes about $2.4 billion for low income pensioners with each getting about $240. another $2.4 billion will fund measures to strengthen th

could nissan be set to up it's stake in it's french partner renault?t story coming your way next. no matter how fast the markets change, at t. rowe price, our disciplined investment approach remains. we ask questions here. look for risks there. and search for opportunity everywhere. global markets may be uncertain. but you can feel confident in our investment experience... ... around the world. call a t. rowe price investment specialist, or your advisor... ...and see how we can help you find global opportunity. t. rowe price. invest with confidence. >>> the u.s. closes november in the green lead by small caps. >> the euro holding around the 106 level against the dollar as french and german manufacturing data meet expectation while the german jobless rate falls to a record low for the month of november. >> the bank of england eases capital pressure on lenders and governor mark carney says they're more resilient. >> the ceo of zurich insurance stepping down after set backs in recent months. >> right, sterling has slipped a little bit in the last minute a

renault nissan has been in an alliance since 1999. alston has secured two contracts to build trains in india with 3.7 billion euros. the firm will invest 200 million in billing electric trains. theill electrify part of rail line between new delhi and calcutta. the most of any of the major banks operating in america, it applies to mothers and fathers to be taken during the baby's stretch year. struggle to retain top employees. is theone toymaker helped to bring home the bacon. stephen: the british company , characterthe toys 72%p, there profits rose by in the last year. they suffered somewhat from the value of the -- they say a new range of teletubbies will help drive growth next year. genie: given the choice between teletubbies and peppa paik, i any day.se peppa it is now time for the press review. florence them and no is with us today. lots of focus today on the paris climate congress kicked off yesterday. photond impressive family of that meeting that took place yesterday. the front a look at page of the right-wing daily here in fra

. >>> renault is drafting a proposal to reduce its power over nissan in the future in a move that could it on a collision course with the french government. so the two car makers and the french states have been in a power struggle since economy minister used public cash to increase its stake. this would end the tieup if the french government holds too much sway and influence. the standoff is set to come to a head this friday when renault's board is supposed to decide on a response to the french government. checking in on renault's shares, we are up close to 2%. >> the french shipping company cma cgm has $1.61 billion. the privately held firm is an investment company 67% stake. the deal values it at $2.4 billion. nol shares have risen by more than 45% this year. they're up 1.6% to date. >>> there is an uneasy calm in financial markets according to the bank of international settlements or bis for short. the agency is saying that investors are very sensitive to the actions of the world's major central banks and warns that a tightening cycle by the federal reserve could hurt the current cyc

nissan is saying its board has taken up a number of issues, including a deal with renault.nd sandwich chain jimmie johnson up the going public. the ceo says he spent two years speaking to bankers and they are not ready. you can always get more business news at bloomberg.com. mark, i know that you have big across the u.k., and that is stress test results. big: a big day for banks, a day for lenders. check out the chart. interestingly, standard dip right at the close. shares were up 8%, finished down. these twopanies -- companies were most at risk. they are off the hook on raising additional cash from investors. stephen morris joins us now. what does that tell us, the fact ast standard was up as much 2.8% and finished slightly lower? the others did rise on the day? guest: obviously it is a big relief rally as they realize the capital rate was sufficient, they will not have to come back again. digest the news and go through the day, you realize all of the same problems still there for standard chartered. they still have investigations around the world and they still have to de

the renault has a 60% market share. sales have doubled and we need to double production, too. than 21,000more electric cars were sold in france in 2015, twice as many as four years ago but still only half of those sold in the u.k. 81,000united states, cars were sold in the first nine months. they are growing but they still represent a tiny fraction of the car market and are not likely to catch up with standard cars for some decades. record fuel prices may hurt the sales of electric cars. other latest trends such as self driving costs are set to continue into 2016. automakers are turning more attention to improving safety, focusing on technology not just to help drivers survive a crash but prevent collisions altogether. also in the spotlight, and android auto. the smart phone-based systems could punish companies that shun them, like toyota. aurore: wouldn't it be great if we all had self driving cars? thank you very much, william hilderbrandt, for business news. now it is time for the press review. let's take a look. let's take a look at what is grabbing the headlines around th

renault nissan, something like that. maybe with the dealers. vonnie: with the dealers? thank you.analyst at s&p iq in our studio. this is the "bloomberg advantage " on bloomberg television and radio. cory johnson joins me. he is in san francisco. ♪ betty: good morning. welcome back to "bloomberg markets." time to look at the bloomberg business flash. sac capital will pay $10 million to investors who say they lost money. hsbc warned that oversees inflation will limit the federal ability to raise interest rates last year, but goldman is saying otherwise, predicting that janet yellen and her colleagues will lift the benchmark rate four times. cavalierseveland visit the golden state warriors on christmas day. it is their first meeting since cleveland lost at home and it is a hot ticket item. it will be a meeting of the and lebronrs, currie james. the mba is trying to make christmas as much about basketball as it is about santa. try to makes christmas as much about basketball as it is about santa. all right, our own alix steel is charts every investor should be looking at as we head in

ellen clark were looking at more rain come through and that continues through a lunch hour to burn as renault low fifties of san francisco 44 oakland of the 30's and pleasanton and livermore. >>anny hong: 06 is for the lease city and san francisco you will to carry a change gonna talk >>robin winston: if you're about to hit the road right now you're pretty good shape if you have achieved the bay bridge in san francisco the last ride their summit this work on the upper deck of the bay bridge but so far it is not a factor traffic is a great writer 92 both directions come from the east of the 80 percent leandro hayward and union city very quiet making the east when the peninsula if you have to get from the east bay to the north of lake it is wide open of the toll plaza the drive time clocking in a very easy eight minutes from the toll plaza to the 101 connector nothing woodgrain 680 de guadalupe parkway 178528101 it is all a great ship and were doing just fine and behaving so far and the south bend. >>james: the team coverage of the breaking news out of san bernardino county continues this morni

nissan was to increase its stake in the french automaker renault.e french government's influence over the automaker's allies. board metsaying its the issue. apple plans to drop the headphone jacks. be replaced with a type that plug into the lighting jack you will be able to use over headphones but using an adapter. all the more for you to buy, tom. tom: yeah. duringhere on set breaks doing this with my apple, my things. vonnie: you would still be able to hear the music. presumably, and improvement. tom: they are going to fix something so we need to buy another one. that is what i know for certain. single best chart right now. we might as well do brazil. it is a confirmation of all that we have known. the commodity boom over. resilient gdp, jon ferro, what a success to the 1990's. it ended, we came back with a vengeance. jonathan: an example of a country that is everything china does not want to be. chasing growth for growth's sake without reforms. look at the credit boom in brazil over the last decade. looki go to my guest, you at that chart -- braz

francisca: el carro de santa es el renault ... de reno. ¿no te gustÓ? poquito de sal y pimienta. francisca: te ayudo con algo? johnny: espera, deja ver. chef: lo que me gusta de la receta es que no necesita aceite o hacer un sofrito. francisca: ¿cÓmo evitas que se pegue? chef: con la cuchara, vamos a poner ajo molido en el fondo de la olla. francisca: me llama la atenciÓn que no tenga que estar en la estufa. johnny: quÉ cosa rica. chef: el ajÍ lo puedes cambiar por el mexicano. tengo pimienta, cilantro. francisca: deberÍa ponerse arriba. mis deseos son Órdenes! chef: se llama sudado porque los ingredientes empiezan a sudar y a mezclarse. no pica, tiene mucho sabor. no pica porque le quitÉ las venas y las semillas. tenemos caldo de pescado. se saca hirviendo las cabezas del pescado o comprando un cubo en el supermercado. esto es maÍz fermentado, y le da el sabor. esta es chicha con vino blanca, y un poquito de cerveza si gusta. ya avanzado el proceso... estÁ riquÍsimo. hay que dejar cocinar por 10 minutos, 15 minutos mÁximo. francisca: ¿con quÉ lo vamos

francisca: el carro de santa es el renault ... de reno. ¿no te gustÓ?la vida, te sorprenda. porque es más que cuidado médico, es cuidado para la vida. para disfrutar al máximo una cerveza, es necesario conocer cómo se produce, y de dónde viene. montejo es uno de los secretos mejor guardados de méxico. es una cerveza de color ligeramente dorado, con una espuma blanca y compacta, utiliza materias primas de la más alta calidad, y se elabora bajo un proceso único. si pudiéramos envasar lo mejor de méxico, seguramente sería en una montejo. ♪ ♪ ♪ ♪ francisca:estamos preparando todo para ponerles sabor en su mesa, de nada, chicos. pero el sabor en su mesa no se lo voy a poner yo. lo va a poner el chef carlos del restaurante el doctor limÓn, bienvenido, chef, ¿cÓmo estÁs?, si quieres te doy un beso y te doy la bienvenida. bienvenido, tenemos ingredientes de grandes ligas. chef: primero quiero felicitarlos por la casa que estÁ grande y preciosa, me encanta. francisca: vas a inaugurar la cocina, haz lo que quieras, es tu casa. chef: vamos a preparar el pescado, p

time the supervisor would like to pass this your the only one present in the board of supervisors renault would like to let the commission no we are considering looking at 317 could it be a very big and massive project is currently in our program for the upcoming year. i think would be honestly very difficult to deal with >> i wasn't expecting it to be -i would be joined >> i do not hear you say it had to be done with this legislation did >> know. >> great. >> it's encouraging >> perth ( >> assented out be a finding of the motion to encourage staff to review demolition reform and lot mergers >> demolition reform and not lot merges. >> yes >> very good. >> commissioner >> one final objection to this. i wasn't crazy about the old existing legislation. but at least it was nuanced. those projects involving three or more units for burger converter or demolition were see use and rightly so because they were the kinds of projects where developers would come in and destroy housing, some not destroy but take away housing and it was appealable to the board of supervisors. whereas, the two units for