revenue from pickup in chinese demand and stronger than expected leather good sales >> it's a beat for santander, and also shrugging off questions about the filled appointment of an dres saying the board took the right decision >> we make, again, the right decision a very difficult decision, but the right decision not to proceed. >> novartis shares miss expectations busht the swiss pharma giant ae eyes growth as it sharpens its focus on high-tech drugs. >> that really shows how this transformation is enabling us to grow into the future >> and siemens industrial problems persist as first quarter profits miss expectations while ceo reiterates his call for europe to green light its rail merger >> novartis has narrowly missed. it posted a 64% rise in net profit while sales increased 5%. the company also announced a share buyback of up to 10 billion swiss fraungs francs of 2022 he told cnbc that he is confident about the company's refocus on new medicines >> we're very pleased with, first, the results in 2018, but i think importantly for the 2019 guidance, there's really two parts to the story there'

santander has 144 million customers. focus is going to be on building these horizontal platforms, on different areas like trade and operational platforms. this is going to be very transformational. francine: how much we focus on cost cuts? ana: it is more about revenues, but also building things together. this morning, we were saying building operational platforms, we can say between 15%-20 5%. -- 25%. it is all about the customers. 2.5 customers this year and we have doubled digital. with his appointment, there was a lot of talk about the change in direction. you?do investors ask ana: investors are happy with our performance. over the three-year plan, we have organically generated $25 billion in capital. we are above our target of $11.3 billion. santander comes out as the best bank in europe in terms of destroying capital in a stress test. are investors want us to continue on this one and continue generating all these advantages of our scale. we have one of the best cost 47%.e among banks at that is super important in t

santander has 144 million customers., the whole focus will on building these horizontal platforms on different areas like trade and operational platforms. this will be very transformational. >> how much will you focus on cost cuts? >> it's more about revenues and building things together. weour results this morning, are saying by building operational platforms, we can save 15-25%. it's all about the customers. we have grown 2.5 loyal customers this year, 6 million digital. we doubled the digital customers. >> with his appointment initially, there was a lot of talk about change in direction. what do investors ask you? >> investors are relaxed, very happy with our performance. the three year plan, we originated, organically generated $25 billion in capital. we are above our target of 11.3 billion. santander comes out as the best bank in europe in terms of not destroying capital in the stress test. our model delivers growing results unpredictable results through the cycle -- and predictable results through the cycle. we wil

and in the guardian's financial pages spanish bank santander plans to close nearly one in five of its bank branches in the uk, putting thousands ofjobs at risk. as reported on our own bbc website, prince william told the davos world economic forum that celebrities shunned his mental health charity three years ago because they didn't want to be associated with mental illness. and finally, staying with the bbc website, should women lick ice cream? the "how to be a lady" course in istabul shares tips on women's etiquette, including the correct way to dress, walk, speak, and even eat ice cream. i would say say no more but we will speak about that. we will talk about ice creams in a minute. with me is rebecca harding, ceo and founder of coriolis tech. there is a fine line forjeremy corbyn between not wanting to be seen as wanting to stop brexit but also giving enough time for a no deal brexit. there is a dilemma for the labour leader. he has got himself caught in a place where he can't make a definite decision. he has found it very difficult to come up has found it very difficult to come u

santander there.be the new boss over at santander, but ubs wouldn't let him break the noncompete clause. santander andid his lawyers not see this one coming? the russian that market observers have been grappling with today. clearly, when the agreement was thatk, it was clear compensation could be an issue. the numbers are indeed very large. tens of millions of dollars in compensation. it's hard to understand what exactly changed between september and now other than ubs not being willing to make him whole. santander there finding itself at the upper end of the spectrum of what it was willing to pay. santander there needing to fall , it does raise the questions over the longer term of how that decision to hire him had come about and whether the board was fully committed to it in the first place. whatmakes you wonder andrea's is going to be doing with his time for the next little while. vonnie: the next round of u.s. banks in england are giving a .oost, goldman sachs of 8.5% bank of america is the best p

bankerths ago this star said he was joining think of sending their -- bank oh santander -- santander.o a hard-line saying they are not going to pay you for joining a competitor. it is not something which i've seen recently in any case. francine: i know that we have sources and if spoken to insiders. what has changed in the last four months? it was always going to be that amount of money. was a calculated incorrectly? was the sentiment in spain changed? patrick: i think that one of the key questions is why wasn't this dealt with sooner? surely santander and ubs would have known about this all along. why didn't they say andre isn't joining two months ago? santander thought that ubs would relax saying we would pay half of these bonuses and perhaps he cut. also agreed to a pay they're saying they aren't willing to pay up to $50 million for new guide to join the bank in this day and age. mr. orcel's, how is remit change that ubs? can he continue his normal process of business in zurich as before? patrick: in terms of ubs and santander and their relationship with each other, surely it can't

coming up, more on that breaking news, santander has dropped andrea orcel.omberg. ♪ amazon prime video is now on xfinity x1. so when you say words like... show me best of prime video into this... you'll see awesome stuff like this. discover prime originals like the emmy-winning the marvelous mrs. maisel... tom clancy's jack ryan... and the man in the high castle. all in the same place as your live tv. its all included with your amazon prime membership. that's how xfinity makes tv... simple. easy. awesome. mark: president trump's choice for the u.s. attorney general's trying to convince lawmakers that he won't interfere with robert mueller's investigation. the senate began to ring days of confirmation hearings on william barr today. his opening statement he said he promised he would let mr. mueller complete his work and said that he wouldn't allow anyone to bully him into doing something that he believes is wrong. the white house has named the members of the scaled-back allegation that will represent the trump administration next week at an annual economic co

santander, keep in mind they are ex-dividends today. reported earnings that beat estimates. francine lacqua speaking to anna putin in spain. spain.butin in luxury is feeling a lift after lvmh reported strong growth in china. spoke to me exclusively yesterday, saying there is no slowdown in china. it looks like consumers are buying more handbags, less iphones. i am going to pick it up and we will go straight to that exclusive interview that you did. let's listen to this head -- the head of lvmh with annamarie. , we are havingrs a very, very strong economic trend. rates andlow interest availability everywhere. and also to the prices of many asset stocks intangible assets. this cannot continue forever. we are not so much worried for 2019, but within the next 2-3 years, there will be low interest rates. strong,e quite especially when that will happen, interest rates in europe really start going up. veryu are going to be cautious about the future, how do you prepare for that, what you think is maybe less spending from consumers globally? >>

this comes on the day that spanish—owned bank santander said its closing 140 branches, putting 1,270losures on "changes in how customers are choosing to carry out their banking". the link today said it is increasing the fee pays operators to keep remote free to use machines available. members are the 35 firms who issue cards used in the machines. so, your members are all in agreement then that something needs to be done. yes, what is happening is the way in which we pay for things is changing. we are using co nta ctless things is changing. we are using contactless cards more and online shopping more. what we do know is that there are still large numbers of people who either need to or want to use atms and that is white is important we protect the geographic spread that we have today. that is why we are introducing these premiums. they would increase the number of financial support available to make sure that as usage falls, they continue to be commercially viable and they are not at risk of closure or changing. why don't your members just close their own atms instead? santander today

peter, good to talk to you, thank you very much, on the latest figures from santander, reporting a 4% behind the terrible disaster in brazil, vale, spending more in order to decommission a number of dams after its most recent mining disaster. it says it will take ten dams off—line and temporarily halt production while it does so. it is a harrowing story unfolding in brazil as this company, vale, is trying to look ahead to what other disasters could ta ke ahead to what other disasters could take place in the future. more details on the website. your‘re watching business live. our top story — apple says revenue growth in music, movies, apps and other services offset a slump in iphone sales, in the latest quarter. it is an apple crumble. apple turnover. you have been waiting all morning for that. we have been doing it for years. now, you might think travel is all about seeing new places, taking in the sights and the sounds. it's something we take for granted when we go on holiday. but what's it like to travel as a blind person? does that limit what you can do and where you can go? well,

santander has reversed course on installing andrea orcel has been a ceo. investment bank unit until recently with the bank holding a hard-line that he wouldn't receive bonuses from previous years. the refusal to pick up the bill of some 40 to $50 billion means alvarez will continue as ceo. lost --bas said to have linked to the s&p 500 last year as turmoil gripped global markets. according to bloomberg sources, b.n.p. paribas's head of u.s. index trading has yet to return to the bank since going on his christmas vacation. this after the french bank's position on the u.s. stock market went awry when the index posted several sharp declines. this is bloomberg. desley humphrey in dubai, thank you. theresa may's brexit deal was defeated by a landslide last night. you could call it calamitous. 432-200 22 with -- reject her withdrawal deal, the biggest defeat in british government in modest -- modern history. she faces a confidence vote. juncker warned time is almost up. we went as far as we could with the agreement and in trying to resolve a problem of internal b

banco santander canceled plans for appointing a new ceo. >> banko santander has reversed course on thef executive after standoff over tens of millions of dollars. the move comes just four months after his appointment was announced. how unusual is it that there is a fight like this? >> i have to say that it is a bit of a shocker, and it's also a huge surprise. at the heart of it seems to be a dispute over $50 million of deferred bonuses. ubs is sticking to a hard-line, look, we will not pay you for joining a competitor, and santander -- it's not something i've seen recently. >> netflix announced it is raising its prices for the first time since 2013. the streaming giant the shares hit the highest in nearly three months, this bodes well and many people like the fact that they can pay even more for the costlier content. >> netflix is flexing its pricing muscles. it goes to show that netflix is really confident in its subscriber trends and content slate for 2019. at the end of the day, it's a compelling price value proposition. that is what netflix believes and that is what most consumers

you were looking at santander at the top of the hour, manus. manus: we have indeed.tander beats on that income, beats on profits. what is going on in the emerging market? how is there u.k. business looking? i think this woman has the answer. she did not take andrea are tell on board. she has a conversation with francine lacqua later on. stay tuned for that. she made a strategic decision. he was due to join her as a ceo and that did not happen. -- a button -- and a vote in ana botin probably made one of the biggest banking decisions and years. nejra: joining us in merrill lynch -- is mirage shop, and here in london is dani burger. are we starting to buy some support? >> we are finding some support. there are commonalities because out here, 19 companies are delivering numbers which are better than estimates. firstly, a quick roundup of what markets are doing at this point in time, line. flat for the sensex. -- lying very flat for the sensex. that indexes up about half a percent. my numbers coming out of giving crucial support to the equity markets. that markets have co

meanwhile in europe, santander is reducing as much as 1400.nkh competitor is set to be in touch with unions and japanese giant nomura is early downsizing, focusing instead on more profitable operations. in the midst of the transatlantic job cuts, the wages for those remaining could still be on the rise. they're said to be raising annual bonuses for staff with the after -- average increase in the single digits. we're the same about morgan stanley. after armstrong is still with us. what do you think is going on in the financial industry? is this healthy consolidation or are they battering down the hatches? it is relatively healthy if you look at blackrock and state street, their revenues are driven by market performance. last year was a down market, so it is a will be down big volume gain, both of those companies have huge volume and margins decreasing. automation makes things more efficient, you need fewer people. some of the companies cutting jobs are under threat of if that is the right phrase to use, or being strategically driven by increasi

and spain santander bank as opposed to some impressive q four earnings with a net profit of just over two billion euros nearly two point four billion dollars up thirty four percent year over year and hotspots were santander profits last year were in the u.s. mexico and brazil and speaking of brazil authorities there now say eighty four people are confirmed dead after that deadly dam collapse in brazil earlier this week meanwhile brazilian authorities may be taking a closer look at the role of a mining company that operated the dam brazilian mining giant ballet with regard to a previous dam collapse in the same area of l.a. has now said it will dismantle ten other dams and five people including three valley employees have been arrested in relation to the disaster ballet says the adjustments and operations will reduce annual production by ten percent. and the federal reserve finished two days of meetings today and chair jay powell spoke to reporters moments ago saying he believes the fed is on the correct course take a listen. the u.s. economy is in a good place and we will continue to

telegraph, and the prospect of a delayed brexit and in the 6uardian's financial pages spanish bank santandereported on our own bbc website, prince william told the davos world economic forum that celebrities shunned his mental health charity three years ago because they didn't want to be associated with mental illness. and finally, staying with the bbc website, should women lick ice cream? the "how to be a lady" course in istabul shares tips on women's etiquette, including the correct way to dress, walk, speak, and even eat ice cream.

santander wouldn't be able to make up the cost of compensating orcel on lost day in the figure we areearing is written $40 million and $60 million. it has been a rough start for hedge funds this year, market volatility has threatened the gains of hedge funds, as we see. the chief investment officer here, clear book, kelly primer is also with us -- tim, welcome, great to have you. a realike macro made come back towards the end of last year. is that the strategy with should be looking for? >> we believe so. the underlying differences in terms of underlying growth between developed and emerging markets is going to widen this year, without question. you also have this disparate central-bank policy between developed countries and emerging countries as well. i think there's a lot of volatility we have seen recently, for example, the move between the u.s. dollar and the renminbi and other currencies. you will see the price moving particularly in fixed income. at, for example, just a 10 year treasury in early november, a 10 year treasury would have popped out at 3.25 and suddenly in january?

santander is a long-time client of ubs, and they thought that ubs would make up most of this money forhinks he has a deal this has been going on for three months he was a beg deal at ubs he leaves. ubs says talk to the hand. we're not giving you the money if you do this bank of santander says, well, now we didn't really think we were going to have to actually pay the full $57 million >> whoops. >> because it's a material amount of money, with he actually have to bring it as a shareholder vote 50% of santander's shareholders are retail in spain where, by the way, they require you to do a compensation ratio he would be showing he was going to get paid $60 million. their average employee is getting paid $30,000 talk about sort of what's going in on europe right now they basically said we can't do this anyway, he will get the money probably from ubs now because he is not going a competitor. he is just leaving >> deferred compensation >> but, i mean, talk about you change your whole life to go take this big job, and then the whole thing gets upended by both the social pressures and probably

se adjudicó la autorÍa del ataque con carro bomba contra las instalaciones de la escuela general santandernto de la guerrilla durante la navidad. dice asÍ: " su respuesta fue realizar ataques militares en contra nuestra. pese a ello cumplimos rigurosantlina: este fin de sem durante una reuniÓn el presidente de ese paÍs, ivÁn duque, dice que le pide a cuba que no olvide el compromiso que tiene de entregar a los miembros a colombia para que sean extraditados. borja: precisamente por eso, porque hay miembros del eln que estaban en cuba en donde se llevaban a cabo los procesos de paz con el gobierno colombiano. por eso ivan duque ha pedido la extradiciÓn de esos miembros de eln para que enfrenten la ley. carolina: esto pasa en estados unidos y es viral y agita las redes sociales. recuerdas la agresiÓn de un grupo de adolescentes con gorras con el lema de campaÑa del presidente trump en contra de este veterano de vietnam esto oc pueblos indÍgenas y ha generado miles de reacciones. hoy el chico que ves en pantalla, uno de los estudiantes que se volviÓ comprometido y lo negó y dijo que neythan lo

de colombia, bogotÁ, se reporta un atentado con un carro bomba en la escuela de policÍa general santandeared, el conductor que estÁ entre las vÍctimas mortales. yesid vaquero tiene mÁs desde colombia. yesid: hola, quÉ tal? buenas tardes, los saludo desde bogotÁ, colombia estamos en la escuela de cadetes de la policÍa. muchos de ellos son menores de edad que aspiran a ser oficiales. acÁ hace hora y media como ustedes bien lo indica ingresÓ un carro, un truck, una camioneta con latÓn cargado de explosivos que detecto uno de los perros y cuando el conductor se vio sorprendido decidiÓ acelerar la camioneta y chocÓ contra uno de los alojamientos dentro del establecimiento generando una explosiÓn que las autoridades de colombia encabezadas por el presidente iban duke se encuentran aquÍ adentro en un consejo de seguridad para saber las acciones que a tomar. la informaciÓn que tenemos no se la atribuye a nadie el atentado, cualquier informaciÓn adicional la estaremos informando. regresamos con ustedes. borja: sin duda un dÍa trÁgico para todos los colombianos y por supuesto para todos los hispan

revelation of the secret pentagon documents for street protests santander's spread across the country decorated war heroes and civilians marched together protesting the constitutional undeclared war. the united states has been at war under every president since nine hundred forty. ever since the end of world war two. u.s. presidents have authorized the illegal and unconstitutional wars of aggression. according to the us constitution only congress can declare. the presidents have consistently found ways to wage war without congressional approval. between one nine hundred fifty and two thousand the us government has overthrown sixteen democratically elected governments dropped bombs on over thirty nations and attempted assassinations of over sixty four in the driver's. millions died in these undeclared wars. i was just a kid years old and i was looking at. pictures in a book about the earth. i said to myself what a crazy way to try to solve it. and as the years have gone by i. became even more can vent that that seven year old. was right the fear of communism remained at fever pitch in

un coche bomba detonado esta maÑana en la escuela de policÍa general santander en bogotÁ la explosiÓnmento nos encontramos en el lugar de la explosiÓn. la principal escuela de formaciÓn de policÍa de colombia. segÚn la versiÓn que entregan las autoridades el hecho ocurrÓo a las 9:30 de la maÑana por un carro que irrumpiÓ violentamente en las instalaciones. >>> segÚn los testigos los guardias de seguridad trataron de detener el vehÍculo cuando el conductor acelerÓ se produjo la explosiÓn. las autoridades estÁn investigando si esta se dio cuando el carro chocÓ contra una pared o si fue accionada a control remoto. producto de esta explosiÓn, hasta el momento se reportan 8 personas muertas y 38 personas heridas. pero la cifra podrÍa aumentar con el paso de las horas. de ser ciertas las versiones que el conductor se inmolÓ seria primera vez que algo asÍ sucede en colombia. las autoridades atribuyen al acto terrorista todo continÚa en investigaciÓn. regreso contigo a los estudios. >>> que pena que suceda esto de verdad. muchas gracias. las personas que van en la nueva caravana migrante que

so metro bank, with its opening stores, but also santander which is closing stores.okesperson, for the travel association — abta. we know that holidays are a real spending priority for a lot of people across the uk. we have seen a 596 people across the uk. we have seen a 5% increase in bookings for this summer, and as 5% increase in bookings for this summer, and as you were 5% increase in bookings for this summer, and as you were saying, a lot of people have told us, 27% of people have said they are actually going to spend more mayor holidays this year. why do you think that is, because we are seeing pay increases, perhaps? it is not filtering through that much to the high street yet, is it? why do you think they will spend more on their holidays instead? even though there are some uncertain economic times, people are really prioritising their holiday, and for many people they are classing it as an essential spending item. 38% of people said they would spend about the same is the majority of us, and like yourself, will be spending the same on holidays this year. some

european commission competition commissioner is also there, the dutch minister, the chief executive of santanderatching on screens around here in davos. a big conversation has been trade, global trade, the spat between the us and china, brexit come of what those that mean for trade for the uk and europe, a lot of people talking about that and that's what i spoke to the head of the wto about. i put it the criticism coming from the united states, in particular president john, that global trade is broken, the wto is broken sublets listen to what he said. we have a mandate from the 620 leaders to reform the system intruding the united states, who was very vocal in promoting and proposing this reform. this is an opportunity to take care of many of those shortcomings. you say the us is very focal, president trump has threatened to withdraw the us from the wto saying it treats the us unfairly. that's the reform, that's exactly what the us dry to achieve this reform, to achieve more balance in disciplines, the rules of the wto. that's a conversation that has to be acceptable to everyone, all the members

of those jobs will be eliminated though they will consult with labor leaders to minimize the pain santander officials said the location closings were due to moving away from traditional banking and towards online money management. and we now take a look at commodities and how they have been impacted by a few factors to do so we are pleased to be joined by andy hack a top contributor at seeking alpha and he does a weekly commodity to report it seeking alpha's marketplace channel i know andy from is a former radio show where i was pleased to join him a few years ago and i'm so thankful i could be more excited to have with us today from las vegas hey andy how are you. hey bart thank you so much for having me how are you i'm great and all the boom busters are going to be big beneficiaries of your insight and intelligence on this so you know commodities have had a really tough row to hoe in the last year and let's take a look at a couple of the factors that have been impacting them and importantly their price for instance among them of course is the tit for tread trade war with china and how the

past fifty two years with the government of colombia interesting car hey the target at the general santander police academy supposed to be one of bogota most protected installation what does the fact that they were able to target this military academy say about their strength and also what does it say about the government the authorities level of preparedness. well one has to say that it is very difficult to have complete protection against a terrorist attack i mean it's very difficult to. say so complete in vulnerability to these type of attacks second this was a center of studies it was actually not a military but a civilian place in the sense that the police is a civilian institution in colombia of course there were armed guards and there was protection but this is not a place where police operation that we're dealing carry out there is not a storage of goans or explosives it is not as well guarded us all there are police installations these off to roll is a university center where there are hundreds if not thousands of students preparing for their careers their careers in terms of police

santander is one of the most predictable earning banks in the world.t is about the capital buffer against the minimum. we believe above the level we said is the right level for us given the predictability and the fact we are growing profit. >> in the u.s., our next focus will be on developing our ultrahigh net worth offering and enlarging and bringing our expertise that we have globally on that area together with the capabilities we already have into the u.s. and tapping a market that is very promising to appedd that is under t for ubs. on growth, we did not touch u.s. persons outside the u.s. in the last 10 years, and i think this is a nice opportunity. we do expect around 70 billion of inflows in the next years to come from that segment of clients. >> interesting, talking about ex-pats. all regions did book inflows except the americas. in the u.s., what can you offer clients in global wealth management and other areas that your u.s. competitors cannot? >> first of all, i would say that our inflows and outflows in line,s. are broadly in actually are i

this morning i received a letter from santander saying they're closing the branch in middleton and suggesting that my constituents should avail themselves of banking services at middleton post office, which, in its turn, is being franchised into the back. so can the prime minister say what her policy is, other than just manage/decline? >> i can say to the -- obviously, individual banks take commercial decisions. it sounds as if there will be post office services available in the high street that the honorable lady has referred to. but we are concerned about the -- helping to manage our high streets and ensuring that we do have those good high streets for the future. that's why in the budget the chancellor announced funding, available to local authorities to work on them for plans for their high streets. >> gray. >> thank you, mr. speaker. will the prime minister join me in reassuring the people and the nation that despite the announcement yesterday they are to move their corporate headquarters, and two senior executives to singapore, the commitment of dyson to britain remains undiminished, as

in reference specifically to the santander, looking at the environment, a slowing global growth environment, the current ceo is a safe pair of hands and if we were to enter slower growth, having a top class retail commercial banker at the helm is comforting. guy: good to talk to you. thank you for spending time with us. thank you. vonnie: let's check in on first word news. courtney donohoe is here. >> vice president mike pence is urging venezuela to rally around and opposition leader. the neweo, he called head of the national assembly courageous and denounced the president. they video was released a day before national protests intent on overthrowing the regime. thesupreme court will allow trump administration to start barring transitioned people from serving in the military. to put on hold lower court decisions to block the bam. the court hinted that the court will ultimately uphold the decisions. china,ent -- in president xi jinping is signaling communist party leaders are concerned about the social implications of the slowing economy. he was xi stressing the need to maintain political st

there onw your banner santander and poland doing layoffs.htsizing going on in this january. francine: yeah, and we will look through on who is cutting and why. first, let's get straight to the bloomberg first word news in new york city. na: u.s. troops have begun pulling out of syria. a spokesman for the u.s. led coalition says the u.s. has started what he called the process of our deliberate withdrawal. the u.s. has about 2000 troops in syria. president trump said he was bringing them home because islamic state had been defeated. president trump would potentially use the money after declaring a national emergency. he has won congress he will do that unless they reach a deal of paying for the wall. bloomberg has learned that lou will meet with steve mnuchin and robert lighthizer. tokyo, the former nissan chairman has been indicted a second time over allegations of financial crimes. he is accused of allegedly transferring personal investments to nissan and underreporting his compensation. his lawyers say they will apply for bail. global news,

before christmas eve, there was a secession plan for sergio ermotti, including the ceo of bengal santander. now christian meissner, he will be in a position to eventually take over for sergio ermotti. david: as i recall, christian meissner had been talked about with other prominent roles. as the bank. at the bank. sonali: absolutely. he was also in talk with deutsche bank. he definitely is an interesting candidate, especially for ubs. david: tell me about christian a bit. i know him some, actually, personally, but i think he was an investment banker. i do not think investment banking has been the number one investment for ubs. i think of private wealth management. is that a change at ubs or what he has traditionally done? sonali: that is a great question. the top talent at ubs and the potential successive plan came within the west management division. came from1/3 investment banking, but ubs wants to have both of the house together. david: thank you so much, that is sonali basak. former trump advisor on how the markets and the economy are doing. and who deserves the credit or the blame? li

santander's down third hsbc, prove, ing, lloyd's.n see daimler, i mentioned the auto's and parts makers are down your also down. let's go over to first word news. reports from washington say that federal prosecutors are pursuing a criminal investigation against china's quality. -- huawei. involves alleged theft of american secrets and technology t-mobile used. as saying theoted inquiry is advanced and could see an indictment soon. quality has previously denied wrongdoings. theresa may is said to be prepared to blur a red line to find a compromise that could get through parliament. after surviving a no-confidence vote, the prime minister held discussions with other party leaders about a way forward. however, the leader of the main labour party jeremy corbyn refused to take part, demanding she rule out a note yield brexit. the leader must return to parliament with a plan b by next monday. >> i am disappointed that the leader of the labour party has not, so far, chosen to take part . but our door remains open. it will not be an easy tas

for the past fifty two years we've begun or mental interesting part hey the target at the general santander police academy supposed to be one of but what ties most protected installations what does the fact that they were able to target this military academy say about their strength and also what does it say about the government the authorities level of preparedness. well one has to say that it is very difficult to have complete protection against a terrorist attack i mean it's very difficult to. say so complete in vulnerability to these type of attacks second this was a center of studies it was actually not a military but a civilian placing the signs that the police is a civilian institution in colombia of course there were armed guards and there was protection but this is not a place where police operation as we're dealing carry out there is not a storage of goans or explosives it is not as well guarded us all there are police installations these off to roll is a university center where there are hundreds if not thousands of students preparing for their careers their careers in terms of p

the spanish—owned bank, santander, is slashing its branch network by almost a fifth, putting more thanns had almost doubled. the first criminal trial of senior uk banking executives, in the wake of the financial crisis, began today in south london. the case against four former barclays executives has been brought by the serious fraud office over barclays‘ £11.8 billion rescue. the bank avoided a uk bailout in 2008 by raising funds from middle eastern investors. all four have pleaded not guilty. consumer campaigner martin lewis has dropped his threat to sue facebook over fake adverts on the site that were using his image. mr lewis — who founded the money saving expert website — agreed to drop the case after facebook promised to introduce a "scam ads" reporting tool. the company also agreed to donate £3 million to a new citizens advice project. the victims‘ commissioner has warned that survivors of violent and sexual crime who apply for government compensation are being needlessly forced to relive details of the crimes against them. baroness newlove said people who claimed financial supp

the bank, santander, is to close 140 branches across the uk putting more than 1,200 jobs at risk.ane carrying footballer emiliano sala resumes in the channel. he reportedly sent a message to his family expressing concerns about the aircraft. and we meet the 15—year—old boy with a rare brain cancer, who will become one of the first patients to have proton beam therapy, at a new dedicated treatment centre in manchester.

the spanish—owned bank, santander, is slashing its branch network by almost a fifth, putting more thane digital transactions had almost doubled. four former barclays executives have gone on trial accused of conspiracy to commit fraud. southwark crown court heard that the former chief executivejohn varley —— and his colleagues thomas karalis, rogerjenkins, and richard boath sought to raise capital by paying qatari investors 300 million pounds in undeclared fees, in return for their investment. the men all deny the charges. a former tesco director has been cleared of fraud and false accounting at the supermarket chain. carl rogberg is the last of three former directors to be acquitted — in a blow to the serious fraud office. an investigation was sparked by an announcement by tesco in september 2014 that its profits were overstated by £250 million. john lewis is to close its first store since 2006. the retailer said the knight & lee outlet in southsea in hampshire was its smallest full—range department store and could not easily be modernised. john lewis has previously acknowledged the "c

up there yet wall street earnings are disappointing on the trading front, but you also have the santander. that should be very interesting especially for andre orcel. in terms of individual stocks, they are just starting trade this morning and you can see some of the defensive stocks falling. ,e do see unilever down anheuser-busch also falling, as well as interestingly ,bp. it goes one direction while to tell and roil shell go the other direction -- royal -- it goes one direction, while total and roil shell go the other direction. you can definitely see that today. astrazeneca is also down. in general, european markets are opening higher today as theresa may faces a vote of no-confidence later on following her crushing defeat in parliament, a historic defeat in parliament last night. joining us on set is freddie lait, ceo and founder of management.estment what you make of what we have seen happen in westminster company what happened last night, and what we are expecting to happen tonight? freddie: it looks like the chaos we have had the last couple of years is not getting better. one of t

>>> donde hay que estar muy atentos especialmente para la zona de santander.te para los latinos en estados unidos yo quiero de todo corazÓn desear que no nos dejemos contagiar del odio, de la divisiÓn es contagioso debemos concentrarnos en el amor >>> de acuerdo >>> claro, claro >>> lo que deseo para que toda la gente que nos estÁ viendo en este momento este momento que estÁ lo mas profundo en el corazÓn se les cumpla este aÑo que puedan estar con mÁs amor con mÁs salud, con mas plenitud eso se les cumpla este aÑo >>> janice >>> deseo honestamente continuar mis estudios y bueno viajar un poquito, ser feliz quÉ bueno >>> muy bien. (risas) >>> yo deseo que nuestra familia siga unida nuestra familia en casa no en sus casas y en mi casa tambiÉn muchÍsimo amor eso es lo que deseo realmente >>> yo lo que les puedo decir es un aÑo para ver, y ser positivo y querer y deber y poder ser prÓsperos y abundante le deseo esto a mi familia y a quienes nos estÁn viendo el deseo de todos amÉn >>> este aÑo deberÍamos vivir nuestras vidas no juzgar a la gente vivir la igualdad l

we saw something from santander and we saw jpmorgan move the deck chairs.eo succession. him.is not about francine: this is through our bloomberg reporting. we have tried to reach ubs for comment and they have declined. i suggest everyone read it. this is our reporting thing that planning top management hires as part of the chief executive succession. what would be logical is bring new managers in and get them at a level for when he leaves in two months, two years. we do not know that. tom: what is the distinction you see in your work in zurich, between ubs and credit suisse? francine: if they were two economies, they would be in different cycles. the ubs shift toward wealth management started earlier than credit suisse so they are a couple of years behind. her strategies are quite different. -- their strategies are quite different. tom: we will be in davos on monday. who should we speak to? someone who knows every canal of venice. anthony gardner will be with us. this is bloomberg. ♪ tom: good morning, everyone. bloomberg surveillance from queen victoria st

visitar en los estados unidos, en miami luego de grabar mi primer disco aquÍ con el seÑor quique santander: siempre te dije vamos a pararnos y yo te dije " donde estÁn los pies" y tu miraste y yo te dije " en la tierra y el dÍa que esos pies suban ya no hay mÁs david bisbal". estamos hablando de 18 aÑos atrÁs. david: madre mÍa! me ha dado muchos consejos. si por ejemplo no le gustaba la camisa me decÍa " así nos sales al show". karla: vamos a ver una foto del recuerdo y con esto nos vamos a una pausa. " recordar es volver a vivir". nuestro reto 18. [aplausos] >> amigas, hoy les traigo algunos consejos para lograr nuestras resoluciones y asegurarnos el Éxito en este nuevo aÑo. es importante mantenerte saludable y lo puedes hacer con las herramientas que tienes en casa como una olla de cocciÓn lenta porque hacen todo el trabajo por ti. tambiÉn puedes crear un mini salÓn de uÑas en tu casa e invitar a tus amigas. mientras trabajamos en ser mejores versiones de nosotras mismas, asegÚrate de que tu hogar siempre sea tu prioridad. cuando se trata de cuidar a mi familia que me apoyo en mis produc

santander says branches to do the day—to—day banking.day banking. santander says you can use post office branches. you can still access post office branches. you can still a ccess your post office branches. you can still access your banking services by the post office if you are a customer santander, it might take up some of the slack. the banker says we need to cut costs, it is a tough market, we are not making much money from current account so we need to look at where we can save money. 0ne current account so we need to look at where we can save money. one of the ways they have said to do this is to close 140 branches. quite worrying that 1270 staff are now at risk. thank you. a wake—up call, they are trying to its best to take control, to mainstream many of its messages around brexit. i think that is concerning. is this something specifically linked to brexit or an issue that has actually been around for a long time? that is an important point, i think there are two things there, the radical right is always opportunistic in trying to