mark: simon kennedy leads are brexit coverage in london. a busy day for him tomorrow. and michael mckee in new york. i had on bloomberg, the chairman of terra firma capital projects. why he has said brexit will be bad for most people in the u.k. that's next. this is bloomberg. ♪ mark: live from london, i mark barton, counting down to the european close. i just had the biggest news of the day. forget trump, forget brexit, forget the screen court. wars," film is called the last jedi. it comes after "the force awakens." vonnie: they can be finished. -- they can't be finished. there can't be a last jedi, they are eternal. mark: we know who that is. vonnie: thanks for that important news. time for the business flash the other business stories in the news. mcdonald's had fourth-quarter earnings that beat estimates. they were helped by technology upgrades and new food. in-store sales were up 2.7% globally, almost twice as much as estimates. , they say fell breakfast is no longer fueling growth. halliburton reported thath-quarter profits beat. oil producers kicked off year-end

francine: simon kennedy, thank you so much. brexit editor covering everything brexit, which is about 60% of our coverage in dallas. don't miss her interview with the u.k. prime minister. this is bloomberg. plenty more coming up from the world economic forum. back to thelcome world economic forum 2017. i'm francine lacqua in davos. let's bring you some news that dropped this hour. saudi arabia's central bank has said there is no need for more liquidity boosting measures for the country's banks after plunging oil prices put pressure on the economy. in davos, the money agency governor spoke exclusively to bloomberg. liquidity,alk about liquidity last year was squeezed a bit. like february to september, there was a negative growth rate in the stock of money. there was a drop, a significant drop, in the window. we had to intervene. june and september, as we speak, the cyber dropped to 200 basis points, and the reverse increased substantially from the within 40 billion to more than 100 billion as we speak. the liquidity situation, we

i want to bring in bloomberg brexit editor simon kennedy. happy new year. t show she is control of the situation? simon: i think so. there were suggestions she had to do it quickly but it shows a weakness that you us to close-out talks with a vacuum at the heart of brexit planning. by appointing tim barrow, see avoid haste as well as speed. on the flipside, she is a career politician, diplomat. than is a bit more calm there has been for the last 40 hours. mark: to have more of an opportunity later this month to outline her vision probably for the first time when she gives a major speech. simon: that is another thing the resignation of ivan rogers 1000 word plus letter. still a lot of holes in the brexit planning. brexit means brexit and other soundbites have held together for a little while, but she needs to start firming up what she means by brexit. there is talk now there will be a speech soon where she will start to lay out what she means by brexit. vonnie: from one of the direct does itrom the letter, matter who she appoints if she does not have a plan f

oliver: we talked to simon kennedy. ,> this takes place in davos switzerland, europe's highest for andrs snow and skiing. the global elite gather, bankers, academics, policy makers, all head to this alpine retreat and discuss economic and financial affairs and the challenges facing the world. that this seems like year they will obviously be discussing some of the major elections around the world. >> one of the things about davos is that it has become the grounds for globalization, the place where free movement of people, money is encouraged and celebrated. obviously that worldview has taken a bit of a shock in the last year with elections of figures such as donald trump and protection is to topics such as brexit forcing their way into the headlines, so it is a bit of a reality check this year for , thatlegates of davos worldview is perhaps under attack. carol: in some ways, what has been promulgated, has that caused the backlash against the establishment that we have seen around the globe? >> certainly, this is an elite meeting, and it has been a thisng that has promoted worldview over

joining us now from london is simon kennedy. he is bloomberg's own brexit editor. will be honest -- i spoke to so many people about this. so many people have not even heard of ivan rogers, and not everyone is talking about him and the significance of this resignation. can you walk me through it? >> if you are going to go, go with a bank. he is a well respected, long-term british diplomat. beenast few years, he has the u.k. ambassador to the european union. you that he would've been a key figure in the upcoming talks as brexit got underway. but no, he resigned yesterday on his holiday home in dorchester in south england. doing so in a 1400 word letter that listed many criticisms of the government and calling for those he left behind in brussels to stand up to power and suggesting that the brexit plans are not good. jonathan: the expertise on where they come from -- who replaces this guy? how do you build up a team in europe? >> it is still a rather appealing job if you have worked in the european civil service for a few years. beot of civil servants will climbing fo

tom cole and simon kennedy, i hope you are with us every day this week.c, alan's perspective. -- wen in the telegraph will talk about what we are seeing from the prime minister and with johnson visiting the trump in new york. this is bloomberg. ♪ francine: we're looking at the market moves. my card.ught i brought my oyster card to save money. francine: you can't use it today. so a lot of viewers and people living in london, it is a nightmare getting around. erik nielsen took two hours to get from west london to hear. this too strike will cost 50 million pounds of revenue. we will get more on the strike later but let's get first to the bloomberg business flash. taylor: mcdonald's has agreed to sell control of its china business to a consortium that .ncludes a chinese conglomerate this is the biggest yield aledo at more than $2 billion. they are revamping the ownership structure in asia in an attempt to streamline operations. and a strong finish to the year. itput was bolstered construction and manufacturing. meanwhile, german energy production fell. and th

go on a website and read bps by simon kennedy on davos. they realize they are part of the problem., what was great about it, they pulled me in paragraph by paragraph, this new idea of populism which is front and center. -- it comesirs right over to these meetings. francine: i am doing a debate on is being skewed -- if you look at who donald trump is using in his administration, is it populism? let's get straight to the bloomberg first word news. starting with china's exports, they remained lukewarm last month, overseas shipments fell more than 6% from one year ago, global demand hurt sales and china is bracing for a potential trade friction with the u.s. under a donald trump administration. new questions about whether fbi director james comey can keep his job. the justice department has opened an investigation into his handling of hillary clinton's use of a private email server. it will focus on whether the fbi failed to fall appropriate -- follow appropriate procedures and in appropriate released information about the clinton case. janet yellen says the u.s. economy faces no short

let's get more with simon kennedy, roger bootle, and janet henry. don't know if there's a crossover. does it put the u.k. in a stronger negotiating position? now there's a link, which i don't know if it is a direct link or indirect link, with the united states of america. janet: there is a link. last year, president obama suggesting that in any bilateral negotiations, the u.k. would be toward the back of the queue. one thing we know from donald trump is he's not in favor of mega trade deals. we've seen tpp, etc., being kicked into touch. the fact that he's indicated he's in favor of bilateral trade deals and theresa may will be seeking some kind of bilateral trade deals, there should be grounds for some kind of agreement. francine: what kind of special relationship with the u.k. have with the u.s., roger? roger: i hit those words. --on't know what it wants to i don't know what it amounts to. we never know what the chemistry is going to be like. if the chemistry works, a lot of things can follow. at this point, i find it difficult to see how it is go

that is simon kennedy who oversees our brexit coverage. we will hear from the new ceo of eli lilly. what he has to say about research in alzheimer's, cancer, and diabetes, and immunology. this is bloomberg. ♪ planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. hey, drop a beat.flix? ♪ show me orange is the new black ♪ ♪ wait, no, bloodline ♪ how about bojack, luke cage ♪ oh, dj tanner maybe show me lilyhammer ♪ ♪ stranger things, marseille, the fall ♪ ♪ in the same place as my basketball? ♪ ♪ narcos, fearless, cooked ♪ the crown, marco polo, lost and found ♪ ♪ grace and frankie, hemlock grove, season one of...! ♪ show me house of cards. finally,

simon kennedy, he is our brexit editor in london.avid: breaking is about toyota -- motor company will invest $6 million and at 400 jobs at an assembly plant in indiana, part of a component part of a $10 billion spending plan they announced early in the month that over the next five years will expand and modernize u.s. factories. responseeing seen as a from reddit we have heard from the new president. toyota announcing it will invest $6 million at a factory in indiana. a new rough reality for roughnecks as robots take over -- how automation is changing the face of labor in the oil industry. this is bloomberg. ♪ bloombergis is markets. i am vonnie quinn. david: i am david gura. robots are taking over oil rigs -- it is reducing the need for human workers. here to talk about this phenomenon and the outlook is david with the, who covers it for us. using a great -- a great piece using the words roughnecks and roustabout. you cannot go wrong. what are humans -- what are robots doing that humans used to do? : there is something called the ir

senator sessions were some of the big names of the democratic party back then-- ted kennedy, joe biden, senator paul simonm illinois. and folks back home in alabama saw that and looked upon the whole situation as, well, it's us versus them. >> stewart: jim sessions, one of the first senators, if not the first senator to support candidate trump. it's such an interesting mix, you have this down to the roots son of the south. where do they meet? >> you're right. he was actually the first senator in february to endorse donald trump. they met several years ago. donald trump came to testify on capitol hill, and they really hit it off. they're both-- they both have deeply conservative views. they see the world the same way. they see the world as sort of divided between working class and the elites. senator sessions refers to the elites as "masters of the universe." i think both donald trump and senator sessions see themselves-- they position themselves as champions of the working class. >> stewart: sari, almost two years ago, jeff sessions was on the hill, and he was addressing attorney general candidate loretta

kennedy, that those that ride on the back of a tiger end up inside it? well said, burnsey! sir simonndemnation of donald trump's actions continued into the evening after the speaker granted an emergency debate. it was requested by the former labour leader ed miliband, who said the travel ban brought to mind the actions of "tin pot dictatorships". also sponsoring the debate was the conservative nadhim zahawi, who was born in iraq and who was personally affected by the restrictions. the only way of understanding this ban when you look at it, mr speaker, is that it does represent the suspension of reason and rationality. indeed, it has perversity, discrimination and divisiveness at its heart. i'm always grateful to my right honourable friend, but one of the key aspects is the dramatic affect it has on those who had boarded aircraft ready to go to the united states with valid visas, only to arrive and being told that they have to go back. it is that physical, that emotional effect that is the most damning part of what is being proposed. my right honourable friend speaks with great eloque

kennedy. cynically twisted and simply irresistible. robert palmer, marco says i'm a fan of two things, hashtag kennedynation and hashtag bourbon and mash tag you. that's three. still a prime number. simone work and i accept it. i appreciate your feedback. you can follow me on twitter @kennedynation and facebook. and email me at kennedyfbn@foxbusiness.com. you will have to wait for mondays because that's when we are back in action. i hope your thursday night and ♪ >> lou: the obama administration's efforts to avert the trumpet administration before begins in evidence on capitol hill today. obama's highly politicized intelligence agencies all agree russia intervened in the presidential election, but there is a problem. there was apparently no actual cyber attack at any point or level of our elections. agenciea single vote was altered to be had have no evidence any tally is altered or manipulative in any way. >> that's correct. >> lou: we will have the full report for you and

kennedy. cynically twisted and simply irresistible. robert palmer, marco says i'm a fan of two things, hashtag kennedynation and hashtag bourbon and mash tag you. that's three. still a prime number. simoneu are all right. i know how you treat the ladies and that's a compliment in your work and i accept it. i appreciate your feedback. you can follow me on twitter @kennedynation and facebook. and email me at kennedyfbn@foxbusiness.com. you will have to wait for mondays because that's when we are back in action. i hope your thursday night and friday and every day thereafter is as glorious as the next they say if you look an animal right in the face and talk to 'em, they say, then they know you're not scared. gah! (laughter) (lively music) (narrator) no one made america laugh harder. ♪ (laughter) ♪ i didn't even know you were jewish. (laughter) (narrator) no one made america laugh longer. 30 years, nightly entertainment, dominating television, and becoming a significant fixture in american culture. here's johnny!

kennedy. cynically twisted and simply irresistible. robert palmer, marco says i'm a fan of two things, hashtag kennedynation and hashtag bourbon and mash tag you. that's three. still a prime number. simone says you are all right. i know how you treat the ladies and that's a compliment in your work and i accept it. i appreciate your feedback. you can follow me on twitter @kennedynation and facebook. and email me at kennedyfbn@foxbusiness.com. you will have to wait for mondays because that's when we are back in action. i hope your thursday night and friday and every day thereafter is as glorious as the next good-bye. >> would you say it was a hobby? or was he obsessed? >> i think that he was obsessed. >> soldiers of fortune -- and a fortune in soldiers. >> do you have any idea what it's worth? >> yes, we know what it's worth. >> can i know what it's worth? >> the man who raised this army was on a mission... >> he was a true historian. he wanted to bring these battles to life. >> but is it a bridge too far for his heirs? >> he left you with a huge responsibility, didn't he? >> it's just too difficult. >> it's kind of interesting that toy soldiers would get their own trust. >> i don't have

kennedy. cynically twisted and simply irresistible. robert palmer, marco says i'm a fan of two things, hashtag kennedynation and hashtag bourbon and mash tag you. that's three. still a prime number. simone says you are all right. i know how you treat the ladies and that's a compliment in your work and i accept it. i appreciate your feedback. you can follow me on twitter @kennedynation and facebook. and email me at kennedyfbn@foxbusiness.com. you will have to wait for mondays because that's when we are back in action. i hope your thursday night and friday and every day thereafter is as glorious as the next >> from "fox business" headquarters in new york city the new "wall street week." charles: welcome to "wall street week" the show with long's -- wall street investing. spanish the last chapter in the present of him as the big story on wall street this week. economy adding 156,000 jobs while the unemployment rate ticked up to 4.7%. >> when president obama took office the unemployment rate was 7.8% of course i was at the height of the great recession but in less than two weeks donald trump will be sworn in as the 45th president united states and