the white house declined to comment to cnbc but renault has driven the sector lower. shares are driven the sector lower after six years after cutting the top and bottom line out look the giant has lowered sales for all key markets for japan and europe and slashed the market broadcast. this after the second posted job and hit by lower demands on uncertainty following the outing of carlos ghosn. meanwhile, feeling the weakness cautioning that it does not expect the sector anytime soon the chip maker does not enjoy the guidance adding that it is fraught with uncertainty in line with expectations that helps the stocks sparply higher in trade continental gave a gloomy out look the german car parts maker warns that third quarter earnings would be slowed down by the sector and adjusted operating profit plenty of news for the morning the head of the global automotive research. arndt, it is great to have you with us. i want to start with the macronews. you and i discussed this in the past you've been very negative about its potential impact it is not completely out of the wood

renault to the downside.r a lot in the car has of the headlines overnight that suggests president trump will delay any decision to impose tariffs on the car sector out of europe. up 0.2% on the european market. protests in hong kong are firmly on the radar. joining me is thushka jeannequin , executive diretor global strategy team, jp morgan chase , cio and mark ivor phelps concertrated global growth, alliance bernstein. thank you for joining us. let me ask about your risk appetites. buying stocks at records, it does not work anymore. records,ghts on these how comfortable do you feel loading up on equities? thushka: i think we are warming up to a positive risk. i would not say loading up is the terminology i would use, but the characterization of the global environment is supportive of a positive view. it is where you allocate that positive view, is it in cyclical markets relative to your defensive markets? strongly.as rallied i would say having balance. you have your core defensive portion of the u.s. equity

i know if i got there, macro —— renault to be afoot alone europe.orrow. how long has it been since you went to school? two years since i went to school. and you miss it? yes. renault admits he is scared to cross the mediterranean but he is still clinging to his mother's dream. orla guerin, bbc news, tripoli. the israeli leader, benjamin netanyahu has warned there could be a protracted flare—up of tension with militants in gaza following israel's killing of a senior islamichhad commander. sirens sounded in ashkelon in the last few hours, as palestinians militants launched another rocket attack into the israeli city. at least 150 rockets have been fired. and dozens of israelis have been treated for injuries as an indirect result of rocket—fire. israel says air and ground forces hit sites inside gaza throughout the day. the hamas—run health ministry says three palestinians have been killed and about 30 wounded in the attacks. tom bateman has the latest from the israeli—gaza border. well, the firefighters have spent really all of today trying well, the

originally there was renault and the prospect of renault/nissan also entered talks with fca, but that seemed to be nipped in the bud by resistance from the french government. >> certainly executives from both firms saying to cnbc over the summer that the french government was the obstacle toll that deal going through, whereas when we first started hearing details about this, again, cnbc reporters hearing from executives at both these companies, they didn't expect those kinds of obstacles and of course, the french government, we've seen this again and again the last few years, has got involved in the cross-border m&a deals that have involved big, national champions. it's going to be interesting to see whether the regulators, whether the french government at some point get involved and more publicly talk about their views on this. >> world reminding viewers as well that the french government's also has a stake in puget, a 12% stake in psa, a 15% stake in renault, but perhaps the key difference is that renault had the added complication of the existing alliance with nissan that has also

renault stands to suffer the most. we will get a check on consumer confidence in australia . bloomberg. ♪ beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. >> turn into the australian economy, breaking news crossing the bloomberg, the consumer confidence index for the month of november coming in at 97. uptake of 4.5% from the prior number of 92.8. isth on month, that reading 4.5 percent higher, following contraction in the month of october. let's get some context and reaction on those numbers. i am joined by the westpac senior economist matthew. great to have you. it is a rebound, but still in contraction, really. matthew: we are seeing an initial shock. a record low cash rate last month. some of the global backdrop has improved in the l

one of the reasons why we see chrysler looking to tie up with renault. looking for ways to maximize their efficiencies their bottom line being hit while they are spending a lot of time on r&d. will it leave them much stronger to talk about their need to increase in strength what does that mean xactly i believe companies learned a lot with what happened to gm and the crisis and they came back into much better positions and challenges i think companies have taken that more proactive stance rather than a point where they are better they've narrowly avoided a session. this has been helped by consumer spending presumably buying cars has not been that much of an uplift up until now, the doe mass tick markets have been keeping people going they hang in the balance today. investors closely watching an internal deadline for the trump administration based on national security grounds overnight, president trump said he'd been briefed on this matter and make a decision, quote, fairly soon. here to tell us more about the deadline and what we can expect from the europ

joining me now on the line over here and banditry one of the other cool renault's of this year's nobel prize for economics professor about a day firstly from one bandaging to another congratulations to you and your colleagues are here jointly and thank you. now you said at mit after you feel when i quote i don't expect my life to change dramatically is that proven true . i still holding onto hope. i don't want it to change dramatically and. i am trying to see if i can get there right now it has changed rather drastically it would say in terms of just the number of hours i have to kind of sit and meditate or or do research rather than. speak on t.v. or travel somewhere. that so far is a little bit of a shock to the system do i sense a bit of regret that you won the nobel prize for economics. no not in the least it's just i. i would much delighted to have this prize i wish i could somehow put the genie back in exactly the right size box and then keep my delight but not necessarily the time commitment that it's currently implying but let's just talk about there's a war now that it's out o

after folks toyota and the renault nissan alliance fee out chrysler together with peugeot citroen would be the 4th largest car maker in the world. workers reaction to the deal were mixed. up with well there's already been one merger with opel and now this will bring jobs so it will be a very big company lots of jobs are going to be outsourced and that worries us that management hopes the merger will generate savings of more than 3 and a half 1000000000 euros but for employees hearing about cost saving sets off alarms many plants for example that fee at in italy are under utilized and peugeot's german subsidiary opel and british folk soul have been losing money for years even so the 2 sides say their merger should be completed without factory closures. chinese officials have doubts about reaching a comprehensive long term trade deal with the united states that's according to a bloomberg report earlier u.s. president said the 2 sides would soon choose a new place to sign a phase one trade agreement in november he originally hoped to finalize the deal at the apec summit in chile but that w

he likes the french rental -- renault tank. he likes anything french. his wife was educated in french. he picked it because it was a little more reliable. patton will write a 50-page tank paper. in it, it is good engineering work. it goes into everything from how to drive the tank to how to look outside the tank. patton is the one that realized that she was about six foot, six foot one -- that the european-made tanks were too short for americans. he basically increases the height and inch and a half, two inches on every renault tank. he has his hands in all of this. also, what i got into is patton is very famous for his world war ii speeches. a lot of profanity. one of the underlying themes of my book is to kind of discuss how patton became george see scott in front of a flag. what happen here is he creates that image in 1917, 1918. , because he is really playing a part. a lot of it was inspired by john pershing, who he was an aid for and fought very hard to get on his staff and will fight very hard to get out of his staff. one thing consistent about pa

of renault's e-sports division because you can have a guy that was used to training in the video game come to the real track and is really interesting and special for ya know up near the transition from the track to the simulator has already brought him closer to a title he's currently 3rd in the east coast drivers' championship. you're watching the news up next is the documentary columbia the long road to peace remember you can go all the latest news and information around the clock on our website dot com i'm told me a lot of all of that's all for me thanks for watching. the adventures of the famous naturalist and explorer. truce in the racial conflicts on the front of the world's 250th birthday we remember going on 0 for you to discovery. expedition voyage on t.w. .

morning it was dark partially because of this blackout the this power outage in the streets of the renaults those street lights maybe that was connected there up with police and said specifically on that the robbers went to a side window cut through the bars of the window went through the bulletproof glass went straight to a display case smashed it grabbed the jewels that were there took off the alarm went off the they were caught on video were caught on video they think there might be other accomplices they got away in a getaway car which they think might have burned out 15 minutes later they found a car which doors all open smelling of gasoline had been burnt out they soon it might be the getaway car but there's a lot of i mean it's sounds like a like a movie but there are a lot of questions to loke we still don't know a lot of the details so and how much did they actually get this is the big question what's the value of the value is very difficult to calculate in this in this case because the the pieces there are something like 4000 some pieces in the museum and and that's really of inca

and the renault nissan alliance chrysler together with peugeot citroen would be the 4th largest car maker in the world. management hopes the merger will generate savings of more than 3 and a half 1000000000 euros but for employees hearing about cost savings sets off alarms many plants for example at fi at in italy are underutilized and peugeot's german subsidiary opel and british folk soul have been losing money for years even so the 2 sides say their merger should be completed without factory closures. well in the u.k. campaigning is underway for december snap general election and we already know at least one lawmaker will not be contesting his seat the speaker of the house of commons john bercow it announced his retirement for over 30 first's to coincide with what was supposed to be the end of the price of process urco has risen to international prominence for his role during those debates so much so that $1.00 word in particular is almost synonymous with his name. 6 6 love him all loathe him john bercow has become a british household name. very interesting you very rare and spare a stu

i spoke to former renault driver and gp2 championjolyon palmer and got him to put hamilton's win intoes now. he's pulled clear of the great 50s. he is clear of other great f1 names. 0nly michael hsu extends in this way. he's taking a load of records on route as well. —— michael shoemaker. the only thing left surely is to get the most successful of all time categorically. it seems now more than any other season he seemed to be more of a complete package in more of a direct comparison to somebody like michael. he's always had an absolute raw talent. when he came in at the come he showed exactly that. 22 is your old come almost won the title at mclaren, then he did win the title of the next year. six was years before he would win another title and switching to mercedes. then, he has become that full package. he has grown up become that full package. he has grown up and then a lot of maturing from his other states when he showed the talent but was a bit impetuous and a bit too aggressive. didn't a lwa ys and a bit too aggressive. didn't always show caution in the right area. now he has th

the renault advert that has just about now? the renault advert that hasjust come out, about now?ou think of a renault clio? it is almost a whole film. a wonderful happy ending, trauma in the middle. i think it does work. if you say to me renault clio, the first thing i think about is papa. clio, the first thing i think about is pa pa. there clio, the first thing i think about is papa. there is a pepper that gets annoyed. they reconcile because it is always a happy ending in advertising. again, a very competitive market. what you need to make an emotional connection to the consumer. i think a bit more warming about renault clio having seen this advert. we talk about an emotional connection and there was one and the sit out recently, the advert that featured the first world war, and that was sainsbury‘s. featured the first world war, and that was sainsbury's. some people that was sainsbury's. some people that this is very distasteful. this was essentially using the war to end all wars to shift a bar of chocolate. sainsbury‘s managed to defuse row by saying all of the profits from t

the 19-year-old gamer, once a junior academy driver at renault, now competes for them in the formula one east sports championship. physical fitness is taken seriously even for virtual drivers. they might not have to contend with extreme temperatures or geforce, but their discipline presents its own challenges. >> sitting in a simulator for big part of the days going to make you stiff. >> jack it can reese's real-life cars but has an appreciation of the difficulties of virtutual competition. >> they do get pretty hot and sweatyty,, but we obviously havo deal with dehydration during the races, but it is very much a mental game for them. the strain of having to concentrate for quite long races -- that takes a mental toll so they havee to be fit for that as well. >> otherwise use the training in the videogame coming to the real track, and it makes it interesting and special. collect the transition from the track to the simulator has already brought him closer to a title. he is currently third in the east sports drivers championship. -- the east sports -- the e-sports drivers championship

renault was referring to, would have known about it. that doesn't mean however many hundred cases are all known at any given time by a regional director or the head of field operations or myself at any given time. and usually only a small portion of them are ever learned about. >> so should -- >> the gentleman's time has expired. and i'm going to recognize mr. cloud now for five minutes. he's arrived. >> thank you, chairman. i apologize for my tardiness. i've been in the skiff. i would like to yield time to mr. roy. >> i think my friend from texas. i would have been in the skiff, but we've had competing circumstances here. so i would just ask a couple quick questions. mr. cuccinelli, we heard -- i heard a few of my colleagues on the other side of the aisle, particularly my colleague from new york, talk about benefits. can you clarify for the record here whether or not there is or is not a benefit being conferred or are we talking about, in essence, a discretion, a prosecutorial discretion choice, as to how we handle these cases. >> well

out east thomas renault says there's a big design system that creates the whole thing 1st and the finished product is always a team effort there's a big team that puts in a lot of time and love and passion to produce a vehicle like that. thinking about it car sized boxes it wouldn't be a bad thing could be a gap in the market back to the one city car for the car is only available with gasoline engines a fully digital instrument cluster comes a standard and is packed full of technical systems to make driving more pleasant and safer the optional and them i navigate plus infotainment system guides much as reliably to his next stop a startup called kaiser an agency that organizes big events and shows the right lighting is always key. counts course so many kaiser says safety is obviously a big factor they have on stage concepts were artist perform breathtaking and dangerous tricks and so it's important that it's safe just like in the car industry . you know how these 2 men armbruster grease that white is mainly a safety feature it's about seeing and being seen and audi has a dynamic indicator a

of renault's e sports division because you can have a guy that was used to training in the videogame come to the real track and is really interesting and special for ya know up near the transition from the track to the simulator has already brought him closer to a title he's currently 3rd in the east coast drivers' championship. millions of people in the united states are celebrating the thanksgiving holiday and a new york perhaps the best way to get into the holiday spirit is simply to look up tens of thousands lined the streets to watch floating fun favorites snoopy the grinch under this take to the skies above manhattan to some to close made on here to help kick off the holiday season floats and festivities are part of the macy's thanksgiving day parade which is the largest country. in the city w. i'll be back in just a 2nd with day. news of the top of the hour i'll go for. you know that 77 percent. are younger than 6 of fox. that's me and me and. you. think you know what external voice is. the 77 percent of the talk about the issues. this is where. the 77 percent this weekend on

hiroto saikawa says there some who wanted to unwind nissan's 20 year alliance with french car maker renaultures this balloon created by the 90—year—old japanese contemporary artist yayoi kusama for macy's thanksgiving parade in new york. the three—storey high inflatable is called love flies up to the sky. the philippines is hosting the southeast asian games sporting event, but has been widely criticised for a messy build—up to saturday's opening ceremony. reports have surfaced of unfinished construction, transport delays, complaints about food and poor media facilities. so, what is the truth in reality and what might it mean for the philippines‘ image? with me for more on this is our philippines correspondent howard johnson, who's outside the main stadium in new clark city. that stadium looks nice and ready behind you, howard, but the criticisms suggest that the organisation around this has been awful and some athletes have been complaining as well. so give us a sense of just how complaining as well. so give us a sense ofjust how much damage this is doing to the philippines‘ image? yeah, it

and le figaro is marking one year since the arrest of former nissan and renault boss carlos ghosn.arges of financial misconduct and his fight with the japanese judicial system. that brings you up—to—date with some of the papers. now, what stories are sparking discussions online? there is actually a tweet from will.i.am. the musician has accused a qantas flight attendant of being racist towards him during a flight from brisbane to sydney. the frontman for the band, the black eyed peas, tweeted that he was singled out when he missed an announcement on the plane to put his laptop away. qantas has denied the allegation that the incident had anything to do with race. a lot of interest in that on social media. back to our top story, and as the ongoing protests in hong kong. we are joined ongoing protests in hong kong. we arejoined from our ongoing protests in hong kong. we are joined from our bureau ongoing protests in hong kong. we arejoined from our bureau by our reporter, andrew. we were talking to you earlier on the asia business report programme about the extent of these protests, a

hiroto saikawa says there some who wanted to unwind nissan's 20—year alliance with french carmaker renaultlloon created by the 90—year—old japanese contemporary artist yayoi kusama for macy's thanksgiving parade in new york. the three—storey—high inflatable is called love flies up to the sky. the philippines is hosting the southeast asian games sporting event, but has been widely criticised for a messy build—up to saturday's opening ceremony. reports have surfaced of unfinished construction, transport delays, complaints about food, and poor media facilities. so what is the truth, in reality, and what might it mean for the philippines' image? with me for more on this is our philippines correspondent howard johnson, who is outside the main stadium in clark city. now, obviously that stadium looks pretty new and it looks ready behind you, howard, but lots and lots of criticism about how they are simply not ready for these games. how is this impacting the philippines and its reputation? yes, it has been a war of words this week about whether the games are ready to go. we have been looking aroun

renault also reported significant growth there was strong demand from buyers in france in the uk, registration fell 7%. volkswagen leading the charge, porsche up almost 2% others up as well. solid start to the day for trading particularly for the auto space >> let's switch back to hong kong witnessing several anti-government protests exit the university the chinese territories leader ask that the demonstrators leave peace fully. they have arrest update figures. how many arrests are we talking about now? >> reporter: so this is from a police press conference. good morning to you. it was held earlier this afternoon. the numbers are quite specific it is a little hard to do the attrition math at 3:00 p.m. today, they've arrested 1,100 people at hong kong polyand surrounding areas 1,100. among 400 were adults suggesting the rest of them were not adults 200 were minors, so you have 600 people who voluntarily left the university which has been under siege now for three days the police believe the majority of people who left voluntarily were not students from the actual university. in terms of how man

the carmakers renault nissan and mitsubishi are planning to strengthen their alliance with a raft ofrofits despite the financial demands of investing in new technology such as electric and driverless cars. their relationship has been under strain since the arrest of the former boss carlos ghosn. he's awaiting trial injapan on charges of financial moisconduct but denies any wrongdoing. us investment bank morgan stanley has fired or placed on leave at least four traders for allegedly hiding losses of between 100 and $140 million — according to bloomberg. the bank has refused to comment on the report, which says the investigation relates to trading of emerging market currencies in london and new york the chinese telecoms giant huawei is set to take on the us once again over the latest restrictions to be imposed on its business in the country. washington has been cracking down on the company over concerns it might help the chinese government to spy — something which huawei has always denied. 0ur asia business correspondent karishma vaswani is in singapore this is all according to a repor

--renault stands to lose the most because of less dividend of cash flow and flexibility.ter, this is tourist spending collapse. the drop is bigger than -- other luxury brands. the gucci owner said they have sales decline of 35%. salesamo of setting with of 15% in the first nine months of the year. local media in hong kong says alibaba has won approval in the city. our china correspondent selina wang joyce's -- joins us with the details. what is the latest? our sources say that alibaba is seeking to raise as much as $15 billion in the share sale, and at least $10 billion. this is after months of delay. now local media is saying shares could start trading in hong kong the week of november 25. the timing has somewhat improved for alibaba, despite most protests, but still rage on in hong kong. we are market sentiment improve deal.near this trade alibaba also reported better-than-expected earnings, as well as blowout record sales on single day. it stocks in u.s. is up more than a third since the start of this year. the environment is better for them to continue with the share

at renault strikes today began in lebanon in the coming hours as protesters step up the pressure on the government or testers at a mass rally in the capital beirut have called for a complete overhaul of the ruling elite and the political system. iraq's prime minister is calling for an end to bloodshed on both sides of the country continues to face anti-government protests speaking for the 1st time since announcing his resignation adel mahdi says demonstrators have achieved their goals and now they're damaging the economy. he may no further mention of stepping down he's also met a delegation from the u.s. congress who say they are backing the iraqi government's efforts protestors are not giving up hundreds tried to storm the iranian consulate in karbala south of baghdad raise the iraqi flag on the gate of the building and set fires nearby security forces fired shots in the air in an attempt to clear the crowds administrators have been calling for an end to what they see as iranian influence and iraq's politics and in baghdad demonstrators have blocked major roads schools were closed in t

its sales forecast for the full year and withdrew its dividend outlook, a blow to top shareholder renaults your latest bloomberg business flash. guy. guy: we are nearly done with the european session. this is what it looks like. spot the eyed one out -- the odd one out. the ibex down in madrid as we between the democrats and the socialists. the european close is next. this is bloomberg. ♪ guy: let's take a look at where european markets are. it you can see italy is outperforming the spain, which is underperforming it. with start off recently volume low today. it was quite low yesterday. we have climbed the wall of worry a little bit as we await the president's speech. that will be 6:00 on the continent. let's take a look at what is going on. there is an obvious market today, which is spanning out. it is the madrid market trading down by 0.7%. is -- it isnt tracking lower as they put a socialist coalition forming. there is no desire for another election. we will see how long that lasts. trading.eing stocks will further pushed on the idea that there will be tariffs put on to europe. the fts

expect car production to not recover in the short term another set of shares i want to point to is renault, down 1.2% nissan, the alliance partner reported a 7% fall in the latest period and lowered the out look as they continued to struggle following the oust of chairman carlos ghosn one thing is clear we are keeping a close eye on president trump's comments later today from new york on what may come next >> this is not a soybean market but much more. on deck, steve sedgwick at the oil conference in abu dhabi. steve is ahead today's big number $96.7 billion. the total value of venture capital deals through the first three quarters this year volume near all-time high. we're back right after this. whether your beauty routine is 3 steps... or 57, make nature's bounty hair skin and nails step one. it's the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. nature's bounty, because you're better off healthy. it nice?ce. this is the most-awarded minivan three years in a row. the van just talked. sales guy, give 'em the employee price, then gimme your foot. hand

they have said, channeling captain renault from casa blancha, tells intel and police, round up everyonehow be round -- who should be rounded sneuup. kennedy: uses umbrella extremist, thank you so much, jimmy, mike, cabuy capri, a gret start. >> president trump now suffered back-to-back g.o.p. losses in louisiana and kentucky. is this a fluke or does this smell trouble for next year's from the president thal race --t year's presidential race, i ask corey lewandowski, he is here next. i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424. beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. (shaq) (chime) magenta? i hate cartridges! not magenta! not ma

>> renault has three seats on the board, including its top leadership. can imagine it will play out as a concrete battle on the board over the dividend. they are relying on this. it comes to of millions of hundreds dollars. they rely on it as a key component of their own earnings. that is going to be a boardroom battle that will help define how these two carmakers work together going ahead, what kind of dividend that shakes out to be. >> they are selling what could be $30 billion worth of bonds to help finance the acquisition of alergen. be the largest bond sale in it could 2019. bloomberg reporting this is a deal that has attracted more than $70 billion in orders. >> that's right. we just found out the deal has launched at a size of $30 billion. a little bigger than the $28 billion we were expected showing , what a great environment this is for funding. really leading the calendar with the biggest deal this year. the fourth-largest of all time. it is not just in investment-grade, it is high-yield. we are seeing 10 new deals sitting. most of those look l

looking back at their summary as i renault, i don't recall the exact words but they said that there were issues to be pursued to improve relations between the two countries. >> it seems ordinary. >> you heard from president zelensky the next day? >> we had a meeting with him the next day. >> did president zelensky raise any concerns of his view of the call? >> he said, volker, ambassador sondland were in his office and we asked him on the policy. he said the call was fine. i was happy with the call. >> did you get any additional read-out subsequently? >> when did you learn that the call contain things that concerned you? >> was it not until the 25th? >> mr. morrison briefed me several days later before the end of july. and as where i said in my testimony that he said could have gone better. he said the call mentioned mr. rudy giuliani and also mentioned the call mentioned former ambassador. both of those were concerning. >> i don't recall. >> it could been. >> i have it here if you would like it. >> yeah, it is on page 3. the first mention of rudy giuliani was president zelensky was on p

they have said, channeling captain renault from casa blancha, tells intel and police, round up everyoneho show be round -- who should be rounded sneuup. kennedy: uses umbrella extremist, thank you so much, jimmy, mike, cabuy capri, a gret start. >> president trump now suffered back-to-back g.o.p. losses in louisiana and kentucky. is this a fluke or does this smell trouble for next year's from the president thal race --t year's presidential race, i ask ♪ may your holidays glow bright and all your dreams take flight. lease the c 300 sedan for just $399 a month at the mercedes-benz winter event. hurry in today. the doctor's office might mejust for a shot.o but why go back there when you can stay home with neulasta® onpro? strong chemo can put you at risk of serious infection. in a key study neulasta® reduced the risk of infection from 17% to 1% a 94% decrease. neulasta® onpro is designed to deliver neulasta® the day after chemo and is used by most patients today. neulasta® is for certain cancer patients receiving strong chemotherapy. do not take neulasta® if you're allergic to it or neupog

sales for the current year and nissan withdrew its dividends outlook, a blow to the top shareholder renault. giant american milk producer dean foods filed for chapter 11 bankruptcy reorganization. the company also in advance talks with dairy farmers of america about a potential sale. dean foods has been losing money since they lost the biggest customer, wal-mart. for the year americans have been drinking less cow milk and competition has frozen margins. jetblue is vowing to rising competitive pressure now offering a no frills option that can't be changed or canceled. you board the plane last. jetblue feeling the heat from spirit and frontier. the larger carries such as delta and american adopted the bear bones basic fares several years ago. vonnie: that's your latest bloomberg business flash. guy? guy: vonnie, still ahead we'll talk about the streaming world as a whole new world. disney streaming service goes live and how does it stack up against the competition and can they keep the price point which is incredibly low, it seems, and still make money? we'll talk more about this. we'll also

renault did not go through, and there were objections by the french state specifically about --thatrn old -- triggered a decision to walk away. think about have to a strategy, but most important its own operations are struggling. they had a profit warning a couple weeks ago. distrust. lot of nejra: great to have you with us. stephen reitman, european automotive analyst, societe generale. larry kudlow will join bloomberg live following the release of the latest jobs report. keenean ferro and tom will be joined by richard clarida for an exclusive conversation. up next, we will talk more about the markets. this is bloomberg. ♪ nejra: good morning from bloomberg's london headquarters. i am nejra cehic. this is "bloomberg daybreak: europe." job growth and a five-month low after week u.s. factory data saw yields fall across the board. asian stocks crawl back after better-than-expected chinese manufacturing data, the concerns over trade negotiations. speaking of trade talks, the u.s. president says the brexit deal will make any trade with the united states harder. welcome to "bloomberg dayb

research fellow of the global policy institute he joins us on skype from some alone in france jacques renaultwelcome to the news hour what does emanuel macro get out of this the openness to get out a trade agreement in order to make it more even more live in a live or playing field between hopes to get an agreement on investment and a movement to. european investment in china where protected and access to public procurement markets is not respected european companies can't beat for public markets why chinese companies are bidding for that big markets in europe so is going to hope to push this negotiation on a on a train on these lines which is meant to be completed next year at opa to make some advances on that faded as well as at the same time is going to try to promote the interests of french companies but the most important thing for mccall is to show that france is already a european country and that's why he's bringing with him. hogan who is european commission it was european commission of a good show and we'd be doing european commission of folks range to show that european countries m

suspension systems and chassis and so forth i think it makes a lot of sense for companies like fca and renault to merge over time when you see the retail strategies, fca has certainly struggled absent jeep and ram which have done very, very well. other brands have had a tougher time trying to get a foot hold in the u.s. by example i do think over time and when you think about chinese competition potentially coming in, it's going to help the bigger incumbent players to think more about consolidating or at least, you know, doing joint ventures around new projects like electrification. >> meantime you got companies like daimler saying they are doing more layoffs anything in the auto sector you find attractive or you're an investor in? >> not the oems but parts company. i own activ and they make stuff inside the cars, the electronics you were talking about which is a big secular theme within auto. i also own xpi sway semiconductor company, 60% of their revenues are autos i'm playing it differently >> jamie, thank you for joining us >>> still ahead, leon cooperman fighting against a new ad by eliza

and i said renault, i'm not playing great and you three seem so close.ought it was you through. so i said, i'm out. >> when we cameny walked pa in, past the gallery with your photographs. there's this really cool shot of a carful of fans. >> oh, yeah. >> that's an awesome picture. do you remember where that was? >> yeah, it was when we landed at the -- in new york the first time. and i had my camera with me, and these kids had heard we were coming and they drove to the airport and then they just sort of followed our car. but anyway, they came right in line with us. and they were, you can see by the picture they're looking at us. and i thought, i'm just -- i had the camera. i used to have the camera all the time then. i'm like that is so great, new york and the kids, you know. so they actually made it happen because they just came right alongside us, not just following, you know. >> but, being a photographer, you've got to see the moment, find the moment, and take the picture. >> well, you've got to -- yeah, you've just got to take it. >> i actually grow

. >> renault has three seats on the board including its top leadership. can imagine it will pay out in a concrete way. relying on this. it comes to hundreds of millions of dollars. that is going to be a boardroom battle that will help define how these car room -- carmakers work together. are selling what could be ready billion dollars. could be the largest bond sale in 2019. bloomberg reporting this is a deal that has attracted more than $70 billion in orders. >> we just found out the deal has launched to the tune of $30 billion. again, showing what a great environment this is for funding. really leaving the calendar, with the biggest deal this year. the fourth-largest of all time. 10 new deals announced. most of those, like opportunistic refinancing. >> kkr is said to have approached walgreens with a deal to bring the country private. how did this come together? ceo hasow the walgreens been talking to private equity groups about epee private of the company. they were one of the groups and discussion. we have learned they have put in a formal approach. wh