comes to that overall restructuring plan i want to talk to you about another company shares of thyssenkrupp are lower after talk of dismissing the ceo the chairwoman is set to be installed as interim ceo it was a rocky ride for the ceo. two profit warnings, four failed restructurings what next for the company? >> absolutely. the ceo was set to be asked for a new strategy as soon as november this year this now is obsolete it's an usual step to oust the ceo and replace him with the head of the supervisory board. this is contradicting the normal efforts. they are saying as well that the new ceo will take over for 12 months so they are looking for a new ceo. the question was with the future of the elevator business with twists and turns about the future of that business. he went from a clear plan to ipo. they scrapped the ipo plan and then a new plan to sell to investors. it seems that this is the dominant plan right now. of course, what is expected now from investors is to have a clear vision of how to embrace the future clearly, thyssenkrupp fell out from the dax in germany. that did not help

the german industrial giant thyssenkrupp says it is starting talks to end the contract of its current took over last year the firm has issued two profit warnings, shares have fallen 40% and the company has gone through two failed restructuring efforts. shares in nike have risen in after hours trading after its latest results beat market expectations. the firm's strategy of selling trainers and apparel directly to consumers seems to be paying off, with margins climbing dramatically to over 45%, well above analysts' expectations. the value of bitcoin has slumped by around 15% against the us dollar, hitting a 3.5—month low. the world's largest cryptocurrency has now lost more than a third of its value since early august. president trump and japan's shinzo abe were expected to unveil a new trade pact at the un today, but it seems like not everything is going to plan and it all comes down to worries about the possibility of tariffs on car exports. mariko oi is in our asia business hub in singapore. it's nice to see you. so the deal is not done? well, as you said, sally, there was a lot of

thyssenkrupp down, one of the biggest losers on the stoxx 600.he elevator unit, the ceo floated the ipo. this is what markets were expecting. instead, the ceo signaling equity firms should take a minority stake to raise cash and maintain control. that's on the ipo, so shares moving lower. i ag suspending 100% of flights over the next two days. this is a big it. analysts say this could take 8 million pounds of this hit to the carrier, as it strikes are ongoing, shares down 1.7%. matt, anna? matt: thanks for that. let's get back to bill dinning. think of the possibility of a trade war truce? prolonged time, there was an assumption the president would do that sometime before the 2020 election to goose the economy and help chances of getting back in office. does it look less likely we get a comprehensive agreement before than or at all? bill: if we think about comprehensive in the sense of not just talking about manufactured trading environment, but also intellectual property and some of the other things that were originally behind the imposition of

thyssenkrupp loses another ceo.ecutive has been under pressure from the supervisory board for moving too slowly on the company turnaround plan. he has been on the job for about a year. i'm kailey leinz. that is your bloomberg business flash. david. david: thanks so much. yesterday was a big day in washington. speaker of the house nancy pelosi announced house democrats would launch an official impeachment inquiry into president trump. this is what speaker pelosi said, and what her counterpart on a relator -- her counterpart minority leader kevin mccarthy had to say. rep. pelosi: details revealed president's betrayal of our national security and the betrayal of the integrity of our elections. therefore, today i am announcing the house of representatives is moving forward with an official impeachment inquiry. rep. mccarthy: speaker policy happens to be the speaker of this house, but she does not speak for america on this issue. she cannot decide unilaterally what happens here. david: joining me now here at the global b

she will be taking as ceo of thyssenkrupp. two ceos in just the last couple of years.ea of western refining is up in today's bottom line. interact with the charts shown using gtv . check it out, save the charts, gtv . ♪ todaya: coming up later on "bloomberg markets," steven wieting, citigroup chief investment strategist. now dear bloomberg business flash. another big name has fallen in the retail apocalypse. fashion chain forever 21 filing for bankruptcy protection. liabilities of up to $10 billion. the la-based chain has more than 800 stores globally. the plan is to close most of the stores in europe and asia. gold is set for its best run in eight years. this july it is up almost 6%. that marks goals straight straightarly quarter early increase. -- quarterly increase. concern about the china trade dispute also has investors looking into gold. i am viviana hurtado and that is your bloomberg business flash. alix: thanks. it is time for bottom line. we take a look at three companies worth watching. sonali basak and brooke sutherland joined me now. first up is loo