samsonite international says the trade war between the u.s.d -- saying they play into slower sales group and its second-biggest market in another sign of the fallout from the tit-for-tat care of. seconda move into the half, think we will be in the high single-digit range for china. i do see consumers feeling some of the impacts. tonk it has some impact consumer confidence and sentiment. and that is your bloomberg business flash. manus: juliette, thank you very much. when it comes to brexit, the u.k. government has told the e.u. it has to compromise or risk ending up with a no deal. the pound rallied to the highest level in three weeks yesterday despite minimal evidence of any progress on the divorce negotiations. -- saying a no deal brexit is one part of the e.u.'s plan that we must be prepared for any and all options on brexit. peter chadwell has been listening to these comments. anderday was about possibly a president for the u.k.. we saw the pound rally. saying it could prompt the bank of england to get a little bit more aggressive. if they

if more tariffs are enacted, that will at 10% to the price of samsonite products.rapped atm maker may avoid a liquidity crisis. we have learned that the lenders have approved a $650 million loan. the company will use the money the remaining shares of the german rival it took over in 2016. also refinance existing debt. alix: we turn now to wall street the. from, blackrock's rise financial ashes. after the financial crisis, blackrock transformed into the world's largest money manager. then mcn dividend disaster, the company plunging. gets laid off. lack of information is the reason cited. jason is joining us. start with blackrock you at we know it is awfully big, but when you see this bar chart, it is amazing. jason: it is incredible. almost exactly 10 years on from the crisis, september 15, the day they filed for bankruptcy. there became a lot of have-nots on wall street, but the haves really went to blackrock and firms like it. blackrock, in particular, made some unbelievably crucial moves. .arry fink comes to the floor a remarkable rise. david: houses they do it?

up next, we hear from the ceo of samsonite.his is bloomberg. ♪ nejra: you are looking at live pictures of theresa may. this has been a three country tour for her on the continent of africa, which started in south africa, moving on to nigeria. we are seeing pictures of her visit to kenya. you are watching "bloomberg surveillance" the trade war between u.s. and china is dampening consumers, and the top luggage maker says it will continue to slower growth, another sign of the fault. the seconde into half, we will probably be into the high single-digit range. i see consumers feeling some of the impact of trade wars. i do think that has some impact to consumer confidence. nejra: still with us is our guest. the traders discussion, putting up some sort of fault line in terms of earnings. valentin: it adds volatility to we are seeing that aussie and qe should underperform. constructive of the outcome of the eu-u.s. trade negotiation. it is relatively bullish. you have to winners, losers. the dollar is stuck in between. but certainly, t

samsonite international says the trade were between the u.s.nd china is damping sentiment among chinese consumers. the world's top luggage maker said that will play into slower sales growth in its second-biggest market. in another sign of the fallout for that tit-for-tat tariffs. quickly move into the second half, we will be into the high single-digit range for china. i see consumers feeling some of the impact to trade wars which is hot in the news today. i think it has some impact to consumer confidence in sentiment. hutchison australia said it will merge with tpg telecom in an attempt to better challenge market leader telstra him. strom. $3 billion is being resent from the deal and bill -- will be there and t by the two offshore giants. that is your bloomberg business flash. businessralia investment dropped, despite the economy showing stronger growth. the kiwi dollar is also taking something of a beating. confidence in new zealand extended its decline with sentiment about the general economy sinking to its lowest level in a decade. froms fin

when it comes to earnings, samsonite and citic among those reporting.ait for reaction to china's banking giant later. when it comes to trade optimism, we are keeping an eye on the mexican peso, flirting with the 19 handle after reaching that overnight. the headlines have come and gone on that front. e.m. space, concerns argentina might slide into a second recession in three years, and moody's downgrading several turkish banks. yuan flirting with 6.80 as u.s. officials suggest more tariffs might be imposed on chinese exports. when it comes to stocks to watch out the gate, keeping an eye on korean stocks, under pressure on a media report the north korean regime rejected the u.s.'s demands for removing its nuclear arsenal. rotemator and t losing ground. ramy: very volatile, those korean stocks. thank you. let's get the first word news with jessica summers. jessica: a new report says the number of deaths in last year's hurricane in puerto rico is vastly higher than thought. george washington university says about 3000 died, far more total than the 64 in the