hosted by siemens energy this event comes less than a month after the company's spin-off from siemensghted to welcome to the show christian bruch. christian, always a pleasure speaking with you, sir is is there a sense that a virtual conference on sustainability and sustainable energy has to encompass the realism about the limitations that sustainable energy can give us as a developed economy in the short term as well, i don't think we get a sensible conversation about what's really achievable on sustainable energy, sir. >> thank you very much for having me. yeah, it was interesting, i think it came with a lot of really good questions, lot of good details, exactly around what you were just indicating in terms of what is all the differences that we need, i think the discussion shows that people understand that we'll have a diversity of solutions, not only renewable, it's interim solutions and it's also driving efficiency and this is something that i was pleased to say when we kicked off the conference this was discussed in th eed an driving the different solutions that we'll require ov

carlyle is reporting nearing an agreement with siemens to buy binder for around 2 billion euros. carlyle had reportedly outbid other private equity firms after sie si siemens requested final offers last week. we did see a fairly significant drop in the spot price this morning and this is how it's playing out across the oil companies. also just extending losses from last week. you can see 1.1% of bp selling for 1.6% of shell, but that's the weakest performers of the majors, down close to 2% let's get to brian nick, thank you for joining us i think we're all counting down to the u.s. election now, just over a week to go and certainly very exciting as we watch the early votes that have been cast at the ballot box but also some of the polling at this stage give us a sense what the markets are likely to do over the next few days >> thanks for having me. one thing we've pointed out this entire year is that the 2020 election seems to be impaired by investors learning maybe the wrong lessons of 2016. so the market reaction has been relatively muted we haven't seen big election related sw

siemens health in is has launched a rapid coronavirus antigen test kit in europe rising infection numbers have boosted demand the test is able to deliver a result in just 15 minutes like a pop it's not only conquering the music charts it's also proving a financial market it shares in the management company of korean boy band b.t.s. performed strongly on the stock market debut thursday the huge interest in the i.p.o. is a reflection of the massive global success story that is south korean pop and its current kingpins. even though she could only watch the show online wearing a mask in the presence of a few friends b.t.s. fan angie one was deeply touched. she was one of more than 100000000 people worldwide who logged on to watch a b.t.s. concert last weekend. this 7 piece group of korean 20 somethings clearly means a great deal to her and many others around the world play. a lot of almost their songs are really good their sons gave comfort in these tough times and made me a fan. such devotion is lucrative for korean pop purveyors it's easy to understand why big hit entertainment the manageme

good as their european counterparts much of the technology was copied from european trains made by siemens and ice storm which are also built in china those companies shared their know how with their chinese partners now the copies are challenging the originals on the european market on the one side is the gigantic state company subsidized with millions of euros and on the other private companies from europe. since 2013 the e.u. and china have held over 30 meetings to negotiate an investment protection agreement so far without results. in a 3 way relationship between china the us and the european you. there's only one way germany can play a role and that's if the e.u. is firm and united in representing its interests china and the united states. with offered that germany is china's most important trading partner in europe. do you have anything from china you know what i have in my hand my cell phone air pods i think my computer is from china to no no i think it is from china you know they are safe yes definitely half my stuff comes from china you know coronavirus it's where corolla started

. ♪ >> i am with the ceo of siemens. i am with dr. will roper.come. >> thank you so much for having me. i am excited about this. >> earlier this summer i had a howce to share about digital trends could be used to enhance preparedness, and for a national disaster or a pandemic future national security issues. i know you have been working towards digital technology for quite some time, and you, the air force, and the 's have -- and the space force have made this a foundation for the future. tell us what that you interested in digital trends. process right now is exceptionally slow and born out of the cold war during a time when technology was slowed so when we had a breakthrough, we tended to go into mass production and buy things for a long period of time. andnology is ubiquitous everywhere and we need to change with the times. especiallyhnology, trend technology, allows us to do things for the virtual world that we don't have to do in the physical one. that speeds everything up and helps us to learn. engineersck to those who originally designed t

company siemens get all of those people be honest i mean nobody goes from didn't you know just to see this put to you if you are. someone. you see live in the little you kind of these people. in the kit is. always they in this in that clip that i don't look to your list. so to. so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. spanning dramatic developments only really going to exist i don't see how that strategy will be successful very creative time to sit down and talk. we're going to be conducting this investigation that both tell. cornelius the riser is going to be sergeant munoz we're going to have to interview the bench of it and once we determine that they are victims of human trafficking being or pandering then we're going to attempt to locate and identify their their pimps. one of the vice squad officers has selected the on line profiles of the prostitutes that appear under. as of 2017 they are now considered as victims under california law to help them get out of the game these undercover officers are going to trap them by posin

good as their european counterparts much of the technology was copied from european trains made by siemens and storm which are also built in china those companies share their know how with that chinese partners now the copies are challenging the originals on the european market on the one side is the gigantic state company subsidized with millions of euros and on the other private companies from europe. since 2013 the e.u. and china have held over 30 meetings to negotiate an investment protection agreement so far without results. in a 3 way relationship between china the us and the european union there's only one way germany can play a role that's if the e.u. is firm and united in representing its interests china and the united states. with africa that germany is china's most important trading partner in europe. do you have anything from china that offers you know what i have in my hand my cell phone air pods i think my computer is from china to. i think it is from china you know they are safe yes definitely half my stuff comes from china. coronavirus it's where corolla started no one thin

good as their european counterparts much of the technology was copied from european trains made by siemens and us tom which also built in china those companies shared their know how with that chinese partners now the copies are challenging the originals on the european market on the one side is the gigantic state company subsidized with millions of euros and all the other private companies from europe. since 2013 the e.u. and china have held over 30 meetings to negotiate an investment protection agreement so far without results. in a 3 way relationship between china the us and the european union there's only one way germany can play a role that's if the e.u. is firm and united in representing its interests china and the united states. with africa that germany is china's most important trading partner in europe. do you have anything from china you know what i have in my hand my cell phone air pods i think my computer is from china to no no i think it is from china you know they are safe yes definitely half my stuff comes from china. coronavirus it's where corolla started no one thinks about

recommendso like to siemens usa.ur other corporate punters -- sponsors are now on your screen and i would like to thank them for their support. we have a few upcoming events. on november the 18th at 10 a.m., we will have an event with alex gorsky. of the & johnson is one companies that is working on a virus. he is a very impressive person. i think people were really enjoyed that conversation. i will also have a conversation with another impressive person on december 9 the chief executive officer of accenture. she has been a member of the economic club board for sometime and we are looking forward to talking with her about her role as ceo of accenture. we are working on additional schedule items as well. we have had 16 member lead forms recently. are interested in that, please let us know. after this interview is over, we will have our website economic club.org. a full presentation. would like to remind onryone that we are working a number of events but if there is something you would like us to present to you, please

well we know how they behave they are 2 faced they completely lack honor you can't even call them siemens. they are barbarians they are not human if you have a war it's with soldiers but we are civilians we were sleeping at night just hours after the truce took effect on saturday air raid sirens went off and the locals ran for cover our correspondent to go to some of it is in the local capital and heard several explosions the city has borne the brunt of the shell fire over the past 2 weeks there are multiple civilian casualties although the numbers are unclear at this stage you go order brought us this report from the area that the fragile truce initially came into effect. the city of step on the kurds is a sorry sight i can't see it has been razed to the ground but it has been battered by so many bombs of so many calibers sizes and types this street got the full wrath of a cluster munition all the hallmarks i hear burn down because shattered glass and if you look closely at the walls and windows here along this whole street they have pierced with tiny tiny holes this is the deadly power

mercedes to mention just the 2 and of course siemens and other great manufacturers that sell their white goods into the u.k. when she says it has to be in that. the to the benefit and the interest of both parties she's talking about those german manufacturers that definitely want to do trade with the u.k. they don't want barriers they don't want lines and they don't want to hold ups so she's actually a thin line between german electorate and the corporations these of the brussels bureaucrats what i would say is that neither side can back down but it is very disconcerting from a u.k. standpoint to hear the e.u. a body has say while the u.k. must compromise see the u.k. must compromise well why won't the e.u. compromise and to ben's point they have been slow treading this why because they what they're trying to run out the clock until the end of the year why for the end of the year because this was supposed to be the yearly that the year of the trial period which ends on december 31st and they're really dragging it out because they want to make it hard for any other nation to leave and as

carlyle group is in talks to buy siemens mechanical business for 2.4 billion dollars. sale of the german engineering firm unit could be announced this week. they make gears and transmissions used in everything from cement production to beer making. that is the latest bloomberg business flash. tom: let's do a data check. -31 on spx. three basis points on the 10 year bond, putting it at .80 1%. still a higher yield regime. the pullback is very much centered tendency off the trading range of all of september, and all of october as well. we leap into november here in a bit, and we do so flat, flat, flat. dollar a little bit of strength here. gets my point 87 attention. as i mentioned earlier, a very difficult day for a weaker turkish lira. francine? francine: on to november, and on to november 3, tom. only one game in town and that is the election. we look at the polls at the impact on the sectors. european stocks are dropping, a number of infections and coronavirus continue to climb. there are a number of restrictions that came in over the weekend, and then s.a.p., the ge

larry, thank you very and are sponsors terry women senior partner and also it's like to recognize siemens usa ceo. thank you for your leader sponsorship. sponsors onrporate the screen and the like to thank them as well for their support we have a few upcoming events as some of you know about already but let me just remind you on november the 18th at 10:00 a.m. we will have that bandwidth alex of course he who is the chairman and ceo of johnson & johnson. as you probably know johnson & johnson is one of the companies working with the virus vaccine and they think he'll have interesting things to say about that. the very impressive person and i believe people will enjoy that conversation. i also level conversation with another impressive person on december the ninth at 12:00 p.m. julie sweep the chief executive officer of accenture and member of the economic club for some time and we are very much looking forward to talking with her about her role as the ceo of accenture. w will have additional scheduled items as well. we have had 16 member forms recently and we have another 18 days schedule

good as their european counterparts much of the technology was copied from european trains made by siemens and storm which also built in china those companies shared their know how with that chinese partners now the copies are challenging the originals on the european market on the one side is the gigantic state company subsidized with millions of euros and all the other private companies from europe. since 2013 the e.u. and china have held over 30 meetings to negotiate an investment protection agreement so far without results. in a 3 way relationship between china the us and the european union there's only one way germany can play a role that's if the e.u. is firm and united in representing its interests china and the united states. with africa that germany is china's most important trading partner in europe. do you have anything from china you know what i have in my hand my cell phone air pods i think my computer is from china too low i think it is from china you know they are safe yes definitely half my stuff comes from china. coronavirus it's where corolla started no one thinks about w

good as their european counterparts much of the technology was copied from european trains made by siemens and storm which are also built in china those companies shared their know how with that chinese partners now the copies are challenging the originals on the european market on the one side is the gigantic state company subsidized with millions of euros and on the other private companies from europe. since 2013 the e.u. and china have held over 30 meetings to negotiate an investment protection agreement so far without results. in a 3 way relationship between china the us and the european you. yes there's only one way germany can play a role and that's if the e.u. is firm and united in representing its interests feasibly china and the united states. with offical. germany is china's most important trading partner in europe. do you have anything from china you know what i have in my hand my cell phone air pods i think my computer is from china to the knowhow i think it is from china you know they are safe yes definitely half my stuff comes from china you know coronavirus it's where coroll

. -- siemens usa, thank you for your emerging leadership -- events a few upcoming that some of you probably know about already. let me remind you, on november 18, at 10:00 a.m., we will have an event with determent and ceo of johnson and johnson, as you all probably know, johnson and one of the companies is working on a vaccine. i think that he will have interesting things to say about that. he is a very impressive person. i believe that people will really enjoy that carbonation. i will also have a conversation with another impressive person on december 9 at 12:00 p.m. i will speak with a member of the economic club board for some time. we are very much looking forward to talking with her about her role as the ceo. we will have additional schedule items that we are working on. we have had 16 member lead forums recently. we have another 18 being scheduled. if any of your interested in that, let us know. to remind everybody, after this interview is over, we will have our website, economicclub.org with the full material and presentation. today, i would like to remind everybody that we are all

to be as the white house is making us believe or those doctors teams was making his belief stiffen siemens in washington d.c. many thanks or at least 15 people have been killed in eastern afghanistan after attackers detonated a truck bomb in our province local official thing many more were wounded and casualties could rise no group has yet claimed responsibility violence continues in the war torn nation despite ongoing peace talks taking place in qatar. german foreign minister michel mas has called on the e.u. to impose sanctions against russia following the poisoning of kremlin critic i'll explain as well me with his band's nerve agent moscow that a grave violation of the international chemical weapons convention that could not be left unanswered. a rocket carrying provisions for the international space station has blasted off from a space port in the u.s. state of virginia the rocket is carrying a new $23000000.00 toilet which is better suited for female astronauts stashed aboard the spacecraft are also fancy meats then cheeses and scientific equipment for the crew. germany is marking 30

siemens health care is has launched a rapid coronavirus antigen test kit in europe rising infection numbers have boosted demand the test is able to deliver a result in just 15 minutes like a pop it's not only conquering the music charts it's also proving a financial market it shares in the management company of korean boy band b.t.s. performed strongly on the stock market debut thursday the huge interest in the i.p.o. is a reflection of the massive global success story that is south korean pop and its current kingpins. even though she could only watch the show online wearing a mask in the presence of a few friends b.t.s. fan angie one was deeply touched. she was one of more than 100000000 people worldwide who logged on to watch a b.t.s. concert last week and. this 7 piece group of korean 20 somethings clearly means a great deal to her and many others around the world. player of all their songs are really good their songs gave comfort in these tough times and made me a fan. such devotion is lucrative for korean pop purveyors it's easy to understand why big hit entertainment the management co

good as their european counterparts much of the technology was copied from european trains made by siemens and ice storm which are also built in china those companies shared their know how with that chinese partners now the copies are challenging the originals on the european market on the one side is the gigantic state company subsidized with millions of euros and all the other private companies from europe. since 2013 the e.u. and china have held over 30 meetings to negotiate an investment protection agreement so far without results. in a 3 way relationship between china the us and the european you. there's only one way germany can play a role and that's if the e.u. is firm and united in representing its interests feasibly china and the united states. with offical. germany is china's most important trading partner in europe. do you have anything from china you know what i have in my hand my cell phone air pods i think my computer is from china to no no i think it is from china you know they are safe yes definitely i have my stuff comes from china. coronavirus it's where corona started no

i also am paying close attention to siemens after a story that the company is going to stop its strategyng itself up and selling units off after joe kaser is gone. watching another company as well after the economy minister said in the op-ed on saturday that the government does not want to stake rulingtake a out or rejecting a previous media speculation there. as also watch volkswagen another company says it is ready to purchase the rest of navistar. that is a deal that could move the stock today. anna: let us talk about one london company in particular. the chief executive setting out a new plan for london office space. he sees a future in london. we will watch that. we will bring you the market open, next. this is bloomberg. ♪ anna: a minute to go until the trading forh equity monday and this week. welcome. shifting the deadline. nancy pelosi has set a tuesday deadline for more progress on u.s. stimulus. backing down. a bloomberg exclusive says the u.k. could rewrite its lawbreaking brexit deal which may revive talks with the eu. and restrictions tighten as virus cases surge across eur

in the market drop off 600 points, you realize that is not what the market takes, they do want the siemensis typical in their style of trying to get the but it is believed something is happening behind the scenes and each night is holding out to get closer. it's not a marketing we can wait wait for stimulus until next year even if it's february or whatever, it's a market that wants the stimulus this year. neil: sometimes we assign a lot of methods to the madness as part of the president scrubbing, but sometimes it could just be madness. i'm curious what you make of the market going forward for the rest of the year and where it is headed. this has been a remarkable here and with stocks coming back from since the market lows, it's sunny but what you see happening now? >> markets are always a snapshot of the future, they never price in the present and that's why they can rally during all times, lockdowns that are not good for the economy were probably so i think there is broad optimism about what is ahead. whoever wins this election, donald trump can't get a lot done, he's a polarizing figure