the china national chemical is in talks to buy the pesticide maker syngenta. syngenta batted away the original offer. that is your price check on one of your biggest stock movers of the day. the asset management cio up of jpmorgan is here with us. a martian landed on this planet, they would end up in a terrible state of affairs. struck by how lousy the economy looks when somebody like 3/10 ofts giddy about 1%. where in this environment growth will be slow. inflation will be very low the path of normalization by the fed will be gradual. it could be a policy error. it will be offset by policy stimulus coming out of other central banks. manus: you were in the green roo m. fascinating that he said, growth is so fragile at the moment. the real growth in the world is 3%-three .5%. are gettinghinks we back to 5%-6%, is deluded. deflation, slowdown in china, and the poultry recovery and europe. >> people like him, i listen to. they are involved in a lot of businesses in a lot of parts of the world. they are selling their advertising space and their media presence. lot

the first update. >> china's national chemical corporation is in talks to buy the world's biggest pesticide maker.e offering $49 per share. it is about $42 billion. they have rejected that offer but some agreement could be reached in the next few weeks. indian prime minister has begun his visit to the u.k. a partnership to develop nuclear power plants in three indian cities. he is the first indian leader to visit britain in almost a decade. the australian government is considering rationing baby formula. hong kong restricted the amount of formula that can be taken out of the territory. and a busy day for a hong kong billionaire and set two world records in 24 hours. blew-cut n for a rare daughter and buying it for his daughter. that was double the previous record for a commercial sale. $50 a bit of a step up of million blue diamond. cory: that was not his seven-year-old daughter, right? the video we ran looked like an older person than seven. you would look good in blue diamonds. >> this seven-year-old daughter ot a pink diamond earlier. his 13-year-old daughter got a diamond and ruby and looking

china stock exchanges are as there is ang rebound in the equity gauge. they will be raised from 50% to 100% beginning november 23. the shanghai composite climbed 22%. china's national chemicalng to buy syngenta. they would mark the largest acquisition by a chinese company of the european target. they value syngenta at about $42 billion, but syngenta is saying no for now, citing regulatory risk. that is our bloomberg business flash. e, you have more on syngenta. francine: this is a great story. let's look at the share price moves -- this is two and a half months after it fended off a monsanto bid. where does that leave monsanto? if you are a player and you are still negotiating, do you want to go with china? quoted, so it is probably an all-cash offer. if you have been negotiating for a couple of years and you ask someone with a huge wad of cash -- you hope to hear more from monsanto. 10: the history for us is years ago -- the bush administration called it quiet, is not supportive, of a chinese interest in the california oil company, and the congress went appropriately mental and it never happened. who will go mental in europe over syngenta? francine: they were citing regula

the merits of making a new offer. this new attemptptomes about a weekekfter 'china national chemical corporation' made a bid for the world's largest pesticide maker. . in august monsanto pulled its 46-billion dollar offer off the negotiating table. syngenta's leadership said during the summer that monsanto's bid "under-valued" syngenta. the spread b bween diary qualitithay and lower quality hay is reaching a weide gap. and price seems to match it according to university of wisconsin research, that "spread" between the top and bottom of the market will probably 'stay' wide until 2016. dan undersander -who is a forages professor at the university of wisconsin -says

syngenta rejected an offer valued at 47 billion dollars and is in talks to the acquired by china national chemicalprinting? francine: thank you. the aftermath of europe's worst bloodshed in a decade, rebuilding and relationship with russia has been a part of the west's response to the widening reach of islamic state. what could be the new bond between russia and france and what could that mean for the approach to the war in syria? let's bring in bloomberg's executive editor for international government. also with us is jane foley of rabobank. we are trying to figure out if this is a real rapprochement or if it is more style over substance. characterize it as a marriage of convenience. russia and the west are never going to be 100 percent allies, especially with everything in ukraine. you are seeing a realignment of interests similar to what we saw in the aftermath of 9/11. russia and the west realized that they do have their differences but when it comes to terrorism and islamic extremism and when it comes to having a stable middle east, their interests are very much aligned. it is a marriage of c

the matter which way you look at it. >> thank you for that. headlinesies making china's national chemicalporation looking for help. the operative was rejected by it. it is to be serving as the basis for the negotiation. berkshire hathaway reduced its stakes in goldman sachs. they wanted to liberate cash complete the acquisition of something else. expected to be completed next year. urban outfitters tumbling after buying a restaurant. the deal comes amid concern about a retail. starwood tumbled by the most in two months after receiving an off her marriott the create the world's biggest hotel company area su keenan reports of new york. >> a multibillion-dollar merger deal between married on her with it all appears to be sending the message that bigger is better. it also signals further deals ahead. the $12.2 billion deal to create the world's largest lodging company. 1.1 million rooms worldwide. brands marriott ritz-carlton courtyard darwin w weston and saint regis. at least three chinese companies and rest interest in buying starwood. >> evan contacted by several chinese and their slow. i

the american people. monsanto says they are considering whether to make another attempt to acquire syngenta after china national chemical did for the world pulse's largest pesticide maker. the chief operating officer told reporters the merits of making another offer. what happens to uber drivers when cars drive themselves? the company''s chief says huber would help them learn other jobs. it said huber will provide educational and vocational training and huber would work well out of the transition to autonomous cars. always get more business news at bloomberg.com. the stocks lose ground and commodities continue their slump. metals falling to multiyear lows today. julie hyman has a look at that and more in today's report. julie: yes. metal in particular, you suggest what is going on in the metal market. also seeing and excellent today when you look pretty much across the board. gold is trading lower all of this partially tied to the strengthening dollar we have seen. commodities tend to trade in the opposite direction. around itsding lowest in five years and copper is seeing a similar judge or -- trajectory. down a little

the sixth alix:. alix:monsanto is making another attempt to acquire a company after china national chemical corporationfor the world's largest pesticide maker. withdrew a $46.6 billion proposal after their approach was rebuffed. janet yellenchair is encouraging leadership to oversight of the bank. she called the legislation a grave mistake and said it would undermine fed policies and contends it would be detrimental to the u.s. economy. you can get more on that story and more at bloomberg.com. to theet's head over markets desk where julie hyman has a check on some of the company movers. how thee talked about department of justice is going to act on some companies and herbal life is out with a statement saying it is not aware of being named in this department of justice civil action. shares have bounced to some degree off their lows of the day a potentialitem, bid for air graph -- for airgas. scherzer halted, so we will let you know what that news is when it does come out. some other movers we are watching today -- cf industries, the fertilizer company raised to positive from neutral. the company is in