thee u. k. would havee too participate in evil elections in may a appoint germany e emphasid britain would be forced to de. when was this is vishh dish from our point of view it is impoportant that the prime minister not only applies for an extension?? it alslso recognizeses that it's such an extension. until june thirtieth she has in mind. clinton's must for pat to take part in the european elections. will provide christian was. meanwhilee francis said d that cannot be anoth extensision without a clear direction the abc has grown increasingly frustrated with you u k. politicians is an ability. to agree on a deal. the european council took a clear decision on the twenty first of march. another extension requires the u. k. to put forward a plan with clear and credible political backing. in the absence of such a plan we would need to acknowledge that the u. . k. chose t to leave th. u. in a disorderly mama. the netherlrlands also said the onus is on london. that from a lotot in the netherlands ou

of the u. k. crashes out without seeing deal it made it very clear that there will be no room many deals scenario -- put behind that it's a new deal there will be a new deal and that would have i think on almost every persons reckoning apart from the the hard pricks this. a catastrophic economic effects so -- i the the the notion you can mandate to crashing out without any tea and i think he's really just five by much wishful thinking on the part of the heart breaks this and this is people who are elected. into the the mother of all parliaments to represent people they call into. people's backing responsible the situation in the coming up with some kind of a nonsensical statements like that you say it is a complete contradiction in terms of managed no breaks. complete yeah i'm at it is i i think what you want is a code here raise the arm. though uses a way -- to to to brick citadel costs. now see the that is potentially the only way that they can achieve that goal. i think w what is very surprisi

in the u. k k. since the rereferendum what does leave lok like doess it look like somethig that poses a door. as a big disistance from the european union and if so how do we solve this issue with the irish border -- do we really want to have a brexit the says that sketch out of the pololitil project the european union w we leave the political institution. but we really want to stay in a very close economic relationship with the e. u.. that sort of what we could hear soft brexit so -- staying in perhaps the single market and a customs union with the eu. i'm still haven't resolved that debate and that's one of the at one of the issues the parliament found. very difficult to result because oppose those very same mps. he was saying to the prime minister on tuesday note you content yeah we don't really want any sort of extension. with the mps you've been refusing to endorse so with georgia greenman which is why she's got such problems indeed indeed i'm the one of the issues as well me giving you that

an estimated eleven thousand vehicles enter and leave the u.. k. daily and e. u. countries believe paperwork would rise by 4250% in the case of a no deal. with complex calculations of v. a. t. reimbursements also expected. indidividual travelers arrivinin the e. u. from person wld be limited to no more than four hundred and thirty euros worth of kids. would not be able to bring in british animal products such as cheese or sausages. producucers would stitill be abo exportrt them if britain passed laws to comply with the u. suntory rules bought they would pay import duties. still no clear answer however on the sensitive issue of the irish borderer. both sons and then the you want to avoid elaborate border infrastructure on the islands fearing it could undermrmine pe. muscovy see saidd the you cououd hand island extra funds and chchallenge.ancnce to meeeet the the ticket o on the day's tradig action now the major european markets closed higher attacks up sharply about one point 7% as media stocks rose in germany. the basic reason has an auto industries also rising

well if the u. k. leaves the e. u. with no deal it would have to trade with europe on the wto world t trade organizer rules. and not means new t tariffs and non tariff barriers such as customs checks so health regulations the uk government has said that it would immediately adopt most issues standards -- would slash incoming tariffs to zero on 87% of imports from around the world to try and keep trade flolowing. and british authorities say they prioritize s security safety. on the flow of people and goods includuding fresh fruit so i basicallyy they wouldldn't be chchecking every laurie that co. ree but the fact is. that as of right now the u. k. simply hasn't got the logisticss and it systems up and running the border to process.. all t the new rates i'm potentil paperwork s so eveven occccasiol delays could cause backlogs and u. k. goods coming into europe. could in theory be subject to inspections from day one i'm not too could hate brititish indnduy in manufacturingng halt. they sell 44% o of t the exportn the eu

thisis year the u.. k. hahas alo made it to the top three brexit uncertainty pusushing invnvestms across the channel. i think t there is witith no questionss of brexitt defecect x it's combined with the different reforms o of the government's as repeatedly cutting on momore. often t the investorsrs and typically one u. k. you wanna head you bet. you willlle the keyey look at hw yoyou intoo continue to business and accecess to this amazing your in twentnty eighteen and yu came dressed as launched a hundred nineteen projects in france.. that 33% more than the previous year. some t three thousand british fs employ a hundred and seventy thousand people in front of a number of michael's government. is o on the rise. auauralian lawmakers have approved legislation that t coud see s social media executives thrown in prison if theirir platforms allow violent content. in particular the bill isis aimd at preventnting real lifife vioe from being l live s streamed. as was the case duringg the new zealand mosque shootin

found and thirdly and i think this is perhaps the most important the u. k. must continue to be a member of the e. u. with quote since see a corporation. in the process and will remain a full member of the block within the voting rights period so sector what they're saying is. if you're not going to be out by twenty second of may you will need to continue t to play balle would need to have european elections and you will n need. to act in accordance to our structures processes and system. there are reports of the british government has now shall lift -- contingency planning for another deal exit does not mean that it is 1100% not happening. they're all huge reports around that today incncluding ininfrastructure -- thihings beg rolled back i think with almost certrtainty we note that a a nol brexit is not going to be happppening i remember andnd pie of a already voted on that a and ththey voted against that so. they sought to legislate against that happening i thinknk the mot likely outcome we would expect now trees may we'll try and fail to getet her deal t

now the u. k. couould be l leavg the e. yoyou at thehe end of ths week withoutut a deal in hand unleless the british primeme mininister s secures extensisios off.. to theresa may evenn says the country is prepared toto hold europepean elections in mamay bt would ideally like t to have a leftft the block. beforere the vote she is still trtrying to hammmmer o out a sty fothe opposisition labor party. tomorrrrow she w will visit the german chancellor in very late.. and then the french president powers to o justify asking for e lay ahead off you sumummit scheduled foror wednesday. which means we donon't have. europe plan on joining forces in off to eveva parliliamentary elections are held in may this monday it italy's deputyy prime minister matteo salvini gathered representatives from the alternative for germany. defends pararty and thehe date f the paparty over in n the lawn e grgroup say t they want to refom the e. u. without destroying it. your available under thehe slogn tools of common sense euro

the case could pave the way for more legal action against multinational companies with offices in the u k. japanese carmaker nissan will spend more than two hundred million dollars equipping its south african factory to build a new pick up truck capacity at the plant outside pretoria will increase by thirty thousand cars each year four hundred new jobs will be added production is aimed at the local and continental markets and opened the plant in one nine hundred sixty three its only production operation in sub-saharan africa although many global carmakers only have plants in south africa and many rivals now the plan to open factories and nigeria gonna and kenya. strict new emissions rules are changing the streets of europe for the better as the small clears and electric vehicles start to replace diesels but also for the worse as some of the arguably most beautiful cars fall out of favor do we really want to give up on vintage cars a british startup has found a way to keep them on the road. out for a drive on the streets of london matthew quitter enjoys riding his nine hundred fifty three

british investigation into the poisoning that killed his love you met with russia's ambassador to the u k. you keep your war charlie and his brother to contact us is precisely the fact that they haven't been able to receive anything from the british authorities more pics or sleep just gone ukraine ready for a second round of presidential elections for a comedian with no political experience with the first round getting almost twice as many votes as his nearest rival the color of ukraine usually. a space struggles with an influx of illegal migrants coming up in the program a people smuggler reveal.

police now that was that was the thing that was the formal reason as to why the u. k. want to decide still the u.k. from the get go they were saying we want to arrest a son because he failed to appear you failed to surrender to the police to the u.k. police when when the police wanted him and so they've just found him guilty of that so it looks like so basically they're playing out the they're playing out you know following the notes of this of this play and addressing the point that you made that it is a watershed moment for journalists and i'd say it's not just for journalists it's also for activists and for. anything that some people in power do not want to come to the public light and we've had quite a bit of reaction i should say we've had glen greenwald a. an investigative journalist himself a court saying that the u.s. the american charge basically what the americans are saying he's saying that the department of justice is criminalizing journalism why he's saying that he's saying that because the us accused. a son of encouraging manning to provide as many docume

bragg's it and as she's in dublin for talks today how is merkel's visit to ireland being perceived in the u k. well certainly with interest being the country that has most to lose if it does come to unload your brags it has a lens border with the united kingdom is the country that needs to protect the integrity of the single market if there is no directed so there will be interesting to see what comes out of these talks and it's seen as american also showing solidarity with lend both countries want to prevent and no deal bragg's it but also anglo-american has made clear that the so the dirty of germany and with the of the e.u. is with all of this in this negotiation process and a lot of drags it is would maybe not be that happy with that they had hoped for more solidarity with the u.k. when it came to gregg's it. be a good month reporting from london and max huffman in brussels thank you to both of you. well for some more details on the german chancellor visit to ireland our political correspondent kate brady joins me in the studio hello to you kate so what exactly is uncle americal hoping to

that nissho over to you know and london what's been the international reaction to a detention in the u k. well we've seen a flood of global solidarity standing with the sun for all of its past revelations many saying asylum just where can courage those to ask what the most prominent political figures could be hiding the human rights watch which they say are a voice that justice has been speaking about investigation investigative journalism worldwide they say that in this now might think twice about publishing news of public importance or government scrutiny now they've also criticized the trumpet ministrations open hostility to mainstream media which the group say creates a dangerous environment now this was all say were echoed if you remember by a songes legal team they said that depending on how this all develops no chin this in the world will be safe from doing that job it sets a dangerous precedent now for fellow journalists and fellow whistle blower as they say that this is documents. images of recorders and buses invoicing the case secret police into the embassy to drug a publisher

in the u. k. we saw shares of barclays bank dropping nearly 4% on week earnings -- switzerland's u. b. s. fared a little bit better it shares were up one and a half percentt. london city one hundred was t te drag down in p part by sainsburs shares in the grocer losing four and a half percent after its proposed merger with has stuff was blocked. we're seeing some gains on wall street the tech sector in particular is outperforming. the dow jones those being weighed down by three an announced weak earnings and forecasts and two thousand jobs cuts. manufacturing giant has seen its shareses dropped nearly 13% this thursday. and microsoft is having a much better days its market value officially past the one trillion dollar mark on thursday. before dropping back slightly it's only the third company ever to pass that milestone along with amazon and apple. software giant reporting strong profits f for the first quartert says it was boosted by its cloud business laura. one trillion dollars school it's not about figures it it's not how you get your head around really is it really is i thank yo

on caple i suppose all of you are deringhe se level of on is that we saw an old an island in the u. k. mainland. in you know from the nineteen seventies to the nineteen nineties. no not a told they thehey really don't have that same sense of what abilities that the provisional ira would have had in the nineteen seventies to the nineteen nineties when. there was very serious structured violence across northern ireland but also a very severe bombing campaign in thee desertrt domain on the buttons n london especially. the dissident groups behind the capacity but they do have thet capacity to do thehe all out. attack like last night they are capable of taking out the old prison office -- which i've done reasononing kind of these thinga substantial gong which they last and not an outsider jerry courthouse. at t the end of januaryy some of the most enduring. vice and we're b behind the suspect packages which was centered dresses in london girl scouts but no i would i would stress very much if they don't count stops ability. to carry out that sorry seems to be a level of violence that we saw

what happened charlie rowley put all these unanswered questions than to the russian ambassador to the u k. alexander your convent co mr rowley in this part of dawn sturges fell ill in the city of ames brain june last year and this surely police suspected drug overdose but then claimed the couple have been poisoned by novacek so just passed away a week later charlie rowley met with mr vanko in the russian embassy in london artie's misha sethi reports feeling so many of his questions were left unanswered by the u.k. government charlie rarely has met with and reached out to the russian ambassador to london and now he's lost his partner to suffering from the terry writing health and he's also been confused by u.k. media speculation regarding the poisoning of his partner and say nearly a script last shared by what was said to be even if they didn't know we talk. literally eighty percent of what i told him was quite a revelation to charlie and his brother is perfectly understandable and they're ordinary people reading british newspapers what could they know and what they're offered by the press

claims the move followed the poisoning of former russian double agent surrogate and his daughter in the u. k. twelve quarter is across the story for us hi there don and what more does the new york times claim about all this that well you know in that article was actually about donald trump the new cia director and part of it describes a meeting that allegedly happened between trump and hospital where they spoke about how to punish russia for the alleged poisoning of sergei nearly a script all that happened last year now the times claims that trump wasn't exactly gung ho about punishing russia he said that the script all situation fits within the boundaries of. spies will be spies if you will but it was apparently only after hospitals showed trump pictures from the british government of sick children and dead ducks that he decided he was going to start expelling russian diplomats mrs haskell was not the first to use emotional images to peel to the president but appearing in with her hard nosed realism proved effective. mr trump fixated on the pictures of the sick and children and the dead duc

u k could be said for a lengthy bragg's a delay diplomats have been locked in talks ahead of wednesday's emergency summit in brussels and have signaled that they do not believe a short extension to the withdrawal period will help break the current to deadlock earlier on tuesday the british prime minister met with german chancellor angela merkel in berlin to try and secure support for a short delay until the thirtieth of june theresa may then jetted off to paris where she met the french president the diplomatic dash comes after m.p.'s in westminster passed a bill requiring that the pm to seek yet another extension to the deadline to leave the european union. it's been almost three years since the briggs and referendum and many in the u.k. have changed their mind on whether they should leave the union after all the town of boston which is about one hundred kilometers north of london is home to thousands of migrants from eastern european countries back then it voted overwhelmingly to leave the e.u. we went to see where the pendulum is now. the people. we have to vote we do so much stick to

s time, the call will be entirely in the u. k.'s hands. time, the call will be entirely in the u.k.' it can still ratify the argument in which case the extension will be terminated. it can also reconsider the whole brexit strategy. that might lead to changes in the political declaration but not in the political declaration but not in the withdrawal agreement. until the end of this period, the uk will also have the possibility to revoke article 50 and cancel brexit altogether. the uk will continue its cooperation as a full member state with all its rights and is a close friend and trusted a lie in the future. let me finish with a message to our british friends. this extension is as flexible as i expected and a little bit shorter than i expected. but it's still enough. to find the best possible solution, please do not waste this time. we'll be back in just a moment. jean claude juncker — the president of the european commission — explained how he thought the extension would applied and what responsibilities the uk would have. we have recalled by colleagues that there should be the prin

just really trump and his character characters around him that have sowed so much down ok cloutier v u k guardian newspaper carried a piece saying that the secrets of nato's long life i'm quoting here is that it is not just a military alliance a point we heard earlier if you go along with that yes i think that the particular strength of nato of twenty nine and soon thirty member states if all those countries agree if they stick together if they really show solidarity that's a really strong signal so that means that the political cohesion the political credibility actually makes a military slings if you talk one country or you have the whole nato that's going to respond and that's an enormous sign of strains that we're sending that also means if there are internal problems. the military weakness and the political weakness is getting bigger and that's a problem which we have in the moment we have on the one hand problems inside europe with germany was turkey would see ok so there are struggles potent and then in addition we have the transatlantic problems so one of the big kind of a half h

considerably less on 30 years in the u k. paltry amounts in fixed income.arnings yield is quite attractive and all of these european companies, as they are globally. the yield curve is positively sloped, which says to me it is the right place to be. getting 5% or 6% earnings yield on equities. i think that is the bigger question in my mind. where do you put your money? i think equities takes it by a long shot, i am afraid. vonnie: patrick, do stay with us. i want to bring you news. the second largest of the ipo of the year is trade web priced at $27. it is now trading at $34. 40 million shares priced at $27 per share. it opened at $34.26. tw, and for more of that let me get to emma chandra. emma: just starting trading for trade web. opening far above the ipo price of $27. it opened at $34.26. still at $34. up around 25% from the ipo price. cap $6 given a market billion. tradeweb is a financial services company. it is trading on the nasdaq, opening 25% higher in ipo market cap, $6 million. they sold 40 million shares at $27 apiece and that was much higher th

waste of money, but he says it's a hard brexit does happen, that would cause a bad recession in the u k a hard brexit does happen, that would cause a bad recession in the u.k. you can follow the latest on the bloomberg terminal. this is bloomberg. ♪ you are watching "daybreak australia." on finance ministers and central bankers have been meeting in thailand and speaking to bloomberg -- asean finance ministers and central bankers. >> hopefully we will be able to medela soon. if that happens, we could see a picking up of activities. >> with trade tensions, we are seeing a bit of a slowdown. definitelysists, there will be ill effects all around the region. we hope these negotiations come to a quick halt. >> we are all seeing and anticipating the global economy will be weakening. the problem we are going to if each policy maker in those regions has a policy space to respond. >> we are becoming more preemptive, more forward-looking in relaxing hour expectations. joining us now, a hoover institution research fellow. always great to have you with us. we have heard from president trump we could

if -- i findind it it interesting as a geographical point in the u k, most of my conversation is conductedsapp. they own whatsapp as most of their platform. what about the integration of whatsapp with messenger, with instagram for example? this is a key area of encryption. i am speaking to a key bp and messaging earlier -- a key vp in messaging earlier and he said this is going to take years. >> mark zuckerberg said this will take a long time. this is not happening overnight. he has just started to make steps in this direction. he wants people to be able to use messenger to communicate privately with people on instagram or whatsapp or vice versa. he is trying to make it interoperable and encrypt it so people can communicate easily across these platforms. that is the important message that he got across today. caroline: is that good for the broader community, for the investor base? i can understand that it will make people want to use the platform more if there is privacy, but how in smaller groups will they be able to advertise to you without putting you off? >> absolutely. i apologize, it

they're playing it right to the edge, and it's very difficult to say whether -- it looks like the u. ks going to ask for a short extension. if they crash out on friday, the way i view it as kind of like a natural disaster in the sense that there's a lot of short-term disruption whether or not that actually takes the u.k. economy off track, i mean, the u.k. has been -- the u.k. economy has been pretty resilient despite all the uncertainty that brexit has created. >> let me ask you this way i'm not going to ask you to recommend individual stocks. i'm throwing apple out as an example. does apple care about brexit >> i think everybody zsh. >> does exxonmobil care about brexit >> i'm just saying i wonder if people are going to stop buying these huge cap u.s. companies because of brexit. what do you think? >> i don't think they're going to -- i don't think they're going to stop buying them because of a headline about brexit i think what could potentially cause headwinds to this market is that you have a slowdown in europe anything that rattles that cage, any additional shock is unwelcome. wh

you have the lowest level of u k sincent in the 1975. more people employed than ever before.hat is happening with minors hitting a record on friday. and we saw minutes from the last meeting at the central bank there. they talked about rate cuts. tom: good to see iron ore there as well. let's go to bloomberg -- to the bloomberg. the x average here over the here -- the vix average over the years, do we stay in this rain? -- in this range? or do we go back to 2017? the jury is out on that call. guy: great minds, tom. i have the european equivalent. tom: do it. it is more recent. guy: this is the last five years. i can extended out further, but we are basically looking at european volatility trading near record lows. the market has basically gone to sleep in some respects. hadrgan's asset management of equity strategy, what do you make of that low vol? what does that tell you? >> you talked about the market going to sleep but i don't think that i would characterize the markets as having gone to sleep exactly. i think the opportunities are if equity growth and earnings growth hold

in part because of the government shutdown but also major have subdued boardroom activity in the u kss europe. despite that, we did quite well in our markets business for the sixth consecutive quarter. we gained market share over our peers. how would you characterize your performance versus your u.s. peers? are you satisfied with that? you did make reference to their performance in the first quarter, as well? particularly in the macro space where we trade fixed-income, securities, currencies, and credit. first recorder carried on a dollar basis, we were only down 3%. that was outperformance versus u.s. peers, good for six quarters in a row. more importantly, we like the 9.6% return on tangible equity in the first quarter as we make our way to 9% or better to our shareholders. one billion pounds of profitability clean. this time last year, we were writing that $2 billion check to the department of justice. we no longer have those issues. we had a profitable first quarter and are delivering for our shareholders. nejra: the investment bank had an eventful first quarter, including the de

and d so, when you look at my age andnd u look k at other young peoplple n thee city council, you realizet we're acactually verery representative of the city as a whohole. all riright. see u guys later. essentialally, what t the oil ad gas ordinance that we e adopted isis, it createtes setbtback, ad what that means i is no new oill develolopment can occur within 0 feet of sensitive uses--homes, schools, , parks, hosospitals. my position was not to stick it to oil workers or because i'm against the oil induststry. it's because e i want to protect the h health and safety of my community. that's s why i supported t the ordininance, bee i believe that it's imperative that we take this action for the sake of our economy, for the sake of o our future. man: arvin is one step closer to imposing new regulations on oil and gas production in the city limits. this all comes after mayor jose gurrola visited the state capitol to tatalk about an ideaea of eliminatining oil anad gas altogether. noerr: it hururts me to think tt ssomehow, someway, we hahave drn a linine in the s sand that says we'rere eith

the british company said earlier this year that some buyers in the u k and europe are dealing amid uncertaintyd brexit. one man who can tell us how the business is doing his part of the president. good to see you. things are a bit tough in the u.k. the new model is shiny and sparkling. how is demand? >> we launched three new sports cars. -- it has been a great reestablishment of the sports car range. a service for, aggressive sports car. and the flagship super gt. to do averyone wants deal. where are you on the capacity? [indiscernible] >> we're making good margins. market -- new products, we had three new launches in the last three years. hallmark is the add-on. -- it is the bespoke nature of the product, is that what you see more of? >> the individual customization of our cars [indiscernible] in special growth is vehicles. the limited editions, coming out toward the end of this year and next year. these are high-end collectible cars. that acquire value over time and it has done very well. there is growing demand in this part of the world. manus: people want individualized. you have launched

crimes against humanity right oben who haven't offended me thank you very much for speaking to us in the u k. there's been fighting in the afghan city of condos after the taliban launched an assault against the afghan police and military ten people were killed and nearly forty injured while the main highway was closed and shops abandoned fighting began on friday as part of the taliban so-called spring offensive charlet bellus as more. bullet casings lissa the ground is gunfire rings out across. the army and police are still in control of the city despite a heavy taliban assault part of the group's spring offensive launched on friday this momentum known as the taliban once again want to disrupt the peace and security and couldn't do so but security forces have inflicted a lot of casualties on their own and we are assuring the great people of could induce that the taliban are kind of a thing here on the ministry of defense said special forces killed several taliban and destroyed weapons in one of the group's headquarters but the taliban full back through the night forcing a major highway to cl

early as 2009 and says the issues were resolved the bloomberg has learned equipment was present in the u kd portugal. ofwork is joining a wave tech startups moving to the u.s. market. the company confidential filed sec.n ipo the it has been valued at $47 billion. japan's emperor is stepping down, the first abdication of the throne in two centuries. this is due to health concerns after he helped modernize the monarchy. willrow, the crown prince assume the throne. global news 24 hours a day, on-air and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. thank you very much, olivia hows in london. president trump is suing to stop deutsche bank from revealing his financial records to democratic lawmakers. it is another twist for germany's biggest lender which saw talks with commerzbank fail through last week. david solomon spoke to bloomberg about deutsche's next steps. to seeill be interesting how the leadership there figures out how to lever the core strength of the institute -- institution and how they balance the businesses w

with the u k. to make sure that the agreement has been fully respected priest but it's unfair to backstop. and there we will not. renegotiating the agreement of course because if they've cracked skull and we hope very much that the island will realize that all their requests and needs are being properly addressed by the other members of the election european union. they are the european elections of course which they will have to participate. in but we have to may seem rather strange that but we have to respect the rules. and we will review all that you know just talk to blacks it. and we will not only be discussing brics it. read the european newspapers this morning breaks it breaks it breaks it is sort of. obtaining agreements. that nobody. expected them to national security but they agreement with china which way to obtain has not been reflected very much in the press. so. it's true. yes. because other beltran. does report things well it did talk about the trainer agreement. anyway apart from th

last month's disputed istanbul election president of typewriter ones a k p one nationwide last istanbul and ankara said the p p u i k p has launched an appeal to bring iran a vote authorities have not yet ruled not. full of peruvian president alan garcia has died after shooting himself in the head just before he was due to be detained by police in the capital lima the sixty nine year old undergone emergency surgery and a local hospital is being investigated for taking is being investigated for allegedly taking illegal payments from a major brazilian construction firm he claims he was innocent. teenage environmental activist aggressive to him but has met the pope washboards for a campaign to tackle climate change to the vatican the sixteen year olds who has inspired weekly student protest against global warming spoke briefly with programme francis to urge him to continue efforts. on environmental activists glued himself to a trade in london's canary wharf financial district to the amount more action on climate change and two other protests this condoms were trying roof for the third day of demonstrations in the c

he stole this u haul k trter deciding his car was too small and wanted trun over people outside the airport in washington but decided security was too tight so he ed tuis attention to national harbor and parked t truck and broke into a boater he hid waiting for a time with bigger crowds but by then court documents say police found k and waiting for whoever stole it to show up. the fbi says henry told then he wanted to emulate the attack in nice, france by a man that rented a truck to kill86 people. isis claimed responsibility. when henry went missing, family members saidhey were worried for his emotional stability. he faces a detention hearing tomorrow, lester? >> pete,hank you. >>> turning to the deadliest day this year for forces in afghanistan. a taliban bombing killing four americans, three members of the u.s. military. nbc's richard engel has details. >> reporter: the deadly attack happened outside an american air base. a suicide bomber drove a massive car bomb into a convoy of american troops killing three u.s. service members and an american contractor. the talin which tonight is cla

when you are in the u k or the u.s., we tend to think about the world through those lenses.eople in egypt. we are probably the most attractive employer in those countries. gave you earlier, a master in experimental physics from the university of cambridge. we are not having trouble attracting talent but it is important we continue to transform the business to get clarity on what this industry does and work from that agenda. alix: in the u.s.? bernard: in the u.s. we can attract people. but we do adapt and involve. that is one of the reason we put our headquarters in denver. we think we will have a better time attracting people in denver, colorado. lisa: that was alix steel speaking with bernard looney. for more jobs in the energy sector, michael mckee joining us . it is interesting to me, we are hearing this from a lot of different sectors that it is all about technology but the technology is not going to replace the people. michael: that is true. the petroleum industry is doing huge contributor to the u.s. economy. let's look at this graphic on the petroleum industry. 600,0

bloomberg learning walmart is considering an ipo for its grocery unit in the u k.ng a $9.4 billion deal. that is your bloomberg business flash. david: it is time for all of the lead. a deep dive into the stories making headlines and moving markets. today we are looking at m&a, starting with the failed merger talks between deutsche bank and commerzbank. joining us is tom miles, morgan stanley head of american m&a. you are here to talk about m&a generally. i'm not going to ask you exactly what is going on in deutsche bank, but this is the beginning we thought might go through and did not go through. you have had a lot of experience with deals that go through and do not go through. what makes a good deal and what makes it worth doing and when do people walk away? like a evaluating a deal big transformational merger like that in general, you want to have certainty with regard to execution, integration, and it has to make strategic sense. when companies talk about deals and they do not do deals, it is often a result of the fact that you have differing views of the futur

frank, going back to brexit, you have 50,000 staff in the u k.your plans for them -- the u.k. what are your plans for them? frank: we believe that we can keep all of them despite that a brexit will happen. even if a hard brexit will happen, we won't model through muddle through somehow. i have seen three times that the world will collapse pretty soon, but brexit will not be that bad. that does not mean it is a good idea. but we feel well-prepared if we serve our customers in the best way. we can keep all of our employees for sure. haidi: in terms of the asian business, you have the tie up with the biggest courier company in china. do you expect more tieups and m&a action on that front? is that your business model going forward for the asian international part of the business? that was agh -- no, particular situation for china. this is an exception from the rule. we will continue to develop our business organically. it is only our logistics business. our other businesses, we continue in the same way. grow faster in china. it is better to line up w

thousand base stations it hopes to sign up one million subscribers this year a consortium of the s k l g u plus in korea telecom launched a five g. service similar tenuously at eleven pm on april third two days ahead of schedule. when we prepared for a five g. we really wanted to make a difference for example with our service real three sixty with a necklace three hundred sixty camera you can see the world like you've not seen it before. for now however those services are nothing more than futuristic gimmicks the technology has only reached a fraction of its potential. it has potential to transform trees from autos to factory production to. health care. transfer to a potential. to. the biggest impacts will most likely be industrial autonomous driving for example requires massive amounts of data and five g. technology could help bring it into the mainstream south korea's early launch of five g. it's also a symbolic step for the country to maintain its lead as a high tech nation for the newest generation of mobile internet to reach its full capacity experts expected to take several more year

a big lesser takeover in the u k collapsing. -- thefter british combination would likely mean highers choice for consumers. global news 24 hours a day on-air and at tic toc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm viviana hurtado. this is bloomberg. huge news to the morning, but let's go through the data. futures are flat. who knows what that will mean? the euro is extraordinary. we have american oil, 66 a barrel. vix 1319, dollar large. where are we with the dollar? we see the weaker euro. i have put this on a little bit of a great here to show the trend as well. the big dollar surge of 2014. here is the regression. and we come up on one standard deviation dollar strength. it is a big deal and we are away from real tension. i would suggest, francine, that we have reached a point of tension where you wonder if we get a presidential tweet. francine: i'm sure we will expect it in the next hour or so. the president was also tweeting about oil prices not that long ago. we actually showed you the price action when it comes to banks. de

probable but we must remember it's still not the official numbers the indonesian election commission k b u v announce it in may and then we don't know for sure but it is unlikely that the number of the change you know because this is the first time a presidential election in tunisia and before the years the outcome of the preliminary vote guns will is similar to the official response so i would say it's not going to change again in me and what about the i guess the device of the these ideas of the politics that we saw during the campaign both candidates really tried to reach out to conservative islamic voters in their campaigns how much of an issue was is low in this election. there's no way out of saying it but islam is really quite a big issue at this election you know like indonesia has the most muslim people in the country and also like ninety seven percent of innocent people on muslim so both bodies is for sure tries to get the votes and most of this time for the conservative muslims i would say basically problems beyond all of through himself to that will to quantify this group to ge

simply because there is not an enshin enshrined bill of rights to suggest there isn't free speech in u kuchlt kcul. >> i'm not saying that but if this proposal went into law in uk, it would completely -- uk government would have an ability to block websites if there is any kept that they didn't agree with. vague laws like this, you can be held liable for it, that is russian laws that is laws that are in china >> well, i think it is a proposal at this stage and we'll see if it develops to a similar situation as you see in china. thanks very much for joining us. >> thank you >>> still ahead boeing drags down the dow, but witas a pretty good overall day for the market more details when we come back your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. . >>> we have another strong day on wall street with the s&p 500 eeking out 0.1% gain >> strong is a little generous but we've improved >> there was an improvement in theoff a oeverall tone. so reason for pause a

u us. crush petrol l prices will us further.. it raises the prices of milk,k, daily itemsms, all of the thinga cocommon man and his children u. >> inflatition has more than doubled year on year, rising in march up from 3.68% in 2018. on monday, the government hikedd fuel prices by almost 6.5%. it h has been getting ridd of fl susubsidies to reduce government spending.. ththat threatens to worsen inflation. will dependwow on, it onon to what extent the governmt -- if they are going to the full exextent, they neeeed to -- inflation will gogo into double digits. has paredtrtral bank back its gd growth percentages. compapany has turned tohe internrnational mononetary fund, hoping to secure its 13th ilout packagage since the l late 1980's. financen wall street, men may hahave to invest in n aw uniform. patagonia tells wall street to take a hike. >> they are known for environmental consciousness. their vests have becomeme populr among finance workers t they are pracactically part of a uniform. patagonia is trying to limimit s branding exposure when i it coms to that

k.: but at least one cabinet minister might still rather the prime minister goes back to basics. >> what would be fantastic is if angela merkel would try to urt a prop. brexit by agreeing to reopen the withdrawal agreement. laura k.: number 10'official allies in northern ireland would like that, too, but itt happening, and they seem to be moving further away. >> it is rather humiliating that we are having to go beg so we can leave. it is nearly three years since the nation voted to leave the european uon, and we are now pleading to stay in so we can deal with matters that should beforeen dealt wi that. laura k.: easy in hindsight, in any language. the j immob is here in paris, the prime minister to persuade the reluctant president that pressing pause on brexit will be worthwhile. but he is ju of 27 leaders who have to agree to a draft of an accord seen by the bbc tonight, which shows that the eu is poised to offer a delay to the u.k., but for how long? eight x's in the where the date should be. the crucial blank to be filled in tomorrow night. emmanuel macron has loeen theresa may's toughest eu customer. she is here to ask for help, let bre