bea taking a big step here, and it will be a costly step for unilever. more, and that may be passed on to the consumer with higher prices. they didn't say one way or the other. but he did point out that councils need to do more, certainly in the uk, when it comes to unifying how they recycle plastic. because different councils have different methods. yes, absolutely, i agree. have different methods. yes, absolutely, iagree. we have different methods. yes, absolutely, i agree. we do need consistent recycling across the united kingdom, and we also call on the government to implement targets to make sure it isn'tjust industry leaders, but all companies across the supply chain, introduced that plastic footprint. because part of the problem for us consumers, and for us as recyclers, is that we are not sure what we can recycle and what we can't. and the labelling isn't that clear either. it is very confusing and it should be much simplerfor people confusing and it should be much simpler for people to know exactly what they should be doing with the plastic wast

it is quite a big change for unilever.e and it will be expensive and it is not clear is that will be passed on to the consumer in terms of prices going up. do you think i'm unilever‘s perspective and other companies like them, they are weighing up the environment we are in right now, what millennial is supposedly one, and feel they have got to do it? they are weighing up a few things. consumer pressure has been huge on companies to take more action on plastic waste. it is one of the top things that people think about when choosing which brand to buy. they are also weighing up the threat of regulatory pressure in the uk, and the government is considering bringing in a tax on new packaging that contains a certain amount of plastic in it. and claude produces a packaging pay for the clean—up of it at the end of its life? -- clean—up of it at the end of its life? —— could the producers of packaging pay? so the winds of change are blowing. and good local authorities improve their refuse collection and recycling so they don't hav

what is the problem matt unilever? atwhat is the problem unilever?an they get back on track for the full year? alicia: i think it is a bit of a challenge, but the guidance implies there is no need for growth to accelerate in q4. it is worth pointing out that q3 had a very strong comp, a very tough comp. we had good weather in europe which boosted ice cream sales. there were better numbers from brazil that made it tough this quarter. this is a disappointing result this morning, and management needs to show the market that it has a plan for accelerating growth. what does the product portfolio look like to you? food, of course, and increasingly beauty. where should the business be focused under new management in developing the portfolio? have an unusual structure in this business. this is an historic reason for this. this combination worked well when they were first breaking in. now that unilever is entrenched in its emerging market, the rationale for keeping food and health care together has been reduced. it is possible that longer-term there may be a

i'm surprised to see nestle is trading down versus unilever is down yet the market is rewarding unilever >> i think there are a couple of things going on. if you try to strip out the q 3 for nestle consensus looking for something around 3.9%. you saw the 10-point miss by unilever i think there is a big wall of man in nestle that has done very well over the last 12 to 18 months situations are changing. this fantastic performance we've seen in consumer staples unilever and their stock price could come to an end a lot of good news in these stock prices are all chugging along nicely valuations are looking a bit topee versus the market. maybe you'll see more of a switch moving into 2020. >> just to pick up on unilever surprising to me that emerging markets used to be a strength. is this a warning sign for the company that they are slowing growth in those parts of the world? >> i think some is cyclical in the business cycle in both countries. in india, you have the transformation there having an impact in terms of cash for these guys in china, there is probably more structural play talking abo

we saw it on the television last week, there is ceo of unilever saying they wa nt there is ceo of unileverikea is changing their energy model to run their business on renewables. and the whole world since 2015 has looked at the sustainable to element goals and looked at, how can we align our business with those objectives? so, there is a transition going on but it must go much faster. —— sustainable develop in. other things, things like getting rid of quarterly reports, because they are too short—term? quarterly reports, because they are too short-term? some companies are looking at that. and last week, at the xynteo exchange in oslo when we had 500 leaders coming together, the ceo of ikea made that very good point, that actually, if you have a long—term ownership structure, like private ownership, it is easier to work long—term, rather than just running on quarterly earnings. so there is a conflict there. and you have recently put out a report listing some key things that businesses need to do to be more sustainable when they are trying to make more profits and grow the business, what wer

bottles, sachets, wrappers and lids — unilever makes 700,000 tonnes of new plastic each year.ecycled plastic, less packaging and more refillable bottles, prototypes here on the wirral now being rolled out globally. nice to meet you too. the boss says it'll make them industry leaders but councils need to help too. if there was a standardised approach to sorting, collection and processing, i think it would allow industry to standardise the labelling and make it easierfor people to segment that waste. it's more expensive to use recycled material, often the processes are more expensive — isn't this price going to be passed on to customers? there is an initial price premium, but very quickly, as the system builds to supply that, the costs go down, because ultimately you're consuming less resources. this pile only takes a couple of hours to form. it's the stuff that can't be recycled — even in a plant like this. and unilever aren't the only company trying to do something about it, because consumers are putting big manufacturers under pressure to make stuff that is easier to recycle.

unilever says it will cut the amount of virgin plastics it uses in half by 2025.s it will cut its use of plastic packaging and increase its use of recycled plastic. virgin plastics are produced using raw materials rather than recycled ones. unilever's brands include dove, ben & jerry's, and lipton. >>> and apple's latest software kills itunes. they're getting separate apps for music, video, and other media. apple says splitting itunes functions lets apple build features just for podcasts or videos. itunes has been around for 18 years. >> it kind of made sense. if you were searching for a song, you'd have to scroll through tv shows with a key word. >> if it's easier, it's better. why not, you know? >> exactly. marc liverman at the new york stock exchange. thank you so much, marc. >> thanks, anne-marie. >>> still to come, birthday surprise. a world war ii veteran makes a request on facebook, and the response is overwhelming. vote reteran makes a request on facebook, and the response is overwhelming. with less eczema, you can show more skin. so roll up those sleeves.

unilever in terms of pricing, 1.5% raise of pricing in the third quarter.pany estimate out there was for 1.7%. i broke the nestle numbers arlier on. consumer good at the heart of it are finding it tougher to deliver on price rises. netflix 20 billion dollars of returns on buybacks but the underlying sales, at unilever, .9%. it is a miss on the headline, underlying sales there. that is what is going to perhaps provoke the error of the market. let's continue the brexit conversation. in the case of tariffs, on scotch whiskey, one of those things on a whole host of products that could hit these companies, let's get back to anna edwards. breaking news headlines. the dup have faltered at the last moment. what is the contention? anna: good morning. the life in the dup this morning coming in the last minute really saying they have objections on three areas. customs. they have issues with the way proposals are made to check customs or not check customs between the island of ireland and great britain. they say these lack clarity. this has been a late entrance into th

plastic promise — unilever, the maker of persil, marmite and pg tips, says it will halve its use of news by 2025, but campaigners say business must go further. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and in the light of unilever‘s new plastic policy, we'd like to know — when you shop, are you aware of companies‘ environmental policies? does it influence where you shop and what you buy? get in touch. just use the #bbcthebriefing. a second whistleblower has come forward in the impeachment inquiry into president trump's conversations with the ukrainian president. a lawyer involved has told american television the second whistle—blower is another us intelligence official. donald trump has been accused of using military aid to ukraine as quid pro quo if ukranians agreed to dig up dirt on his rivaljoe biden. our washington correspondent chris buckler gave us more details. this second whistle—blower has been described as a us intelligence official and they apparently have first—hand knowledge of this controversial conversation t

bottles, sachets, wrappers and lids — unilever makes 700,000 tonnes of new plastic each year.es, prototypes here on the wirral now being rolled out globally. nice to meet you, too. the boss says it'll make them industry leaders but councils need to help too. if there was a standardised approach to sorting, collection and processing, i think it would allow industry to standardise the labelling and make it easierfor people to segment that waste. it's more expensive to use recycled material, often the processes are more expensive — isn't this price going to be passed on to customers? there is an initial price premium, but very quickly, as the system builds to supply that, the costs go down, because ultimately you're consuming less resources. this pile only takes a couple of hours to form. it's the stuff that can't be recycled — even in a plant like this. and unilever aren't the only company trying to do something about it, because consumers are putting big manufacturers under pressure to make stuff that is easier to recycle. we've had hundreds and hundreds of people come to our p

growing land near cary cho is largely owned by corporate giants such as unilever which sources tea from courage show for some of its best selling brands like lipton . just more than 100000 victims have signed the un complaint they want an apology and reparations for their homeland being taken and reallocated to white settlers they allege the british army used rape murder and arson to seize land and carry joe what. are you learning i'm so angry because we were a very rich people i want the british to apologize so that we can be friends and embrace one another. how much you're in there. for the victims of this force deportation the t. from there on several homelands is stained with blood. south africa's woes continue to mount the finance minister says the budget deficit is set to hit a 2 decade high shortfall cost for this year has been slashed from $1.00 and a half to just half a percent that we could call me means less money flowing into public coffers bailouts for state owned companies especially utility eskom a straining the government's finances. digital technologies are transforming

we have focused on names like nestle and unilever because they are bond proxies.ay it is because they had earnings out. nestle is underwhelming. it will be returning a lot of cash to shareholders, around 20 billion swiss francs from next year over a couple of years. the market underwhelmed by that. acquisitions.y underwhelmed by the sales numbers. the sector is down .8%. nestle is a huge heavyweight. unilever is under pressure. tough, cream sector was it did not quite make it's numbers. erickson was a standout performer. erickson is a company currently in the midst of rolling out a huge 5g network around the world. it is the company that provides a lot of the kit for the 5g rollout, up by 6.18%. urecia is a big tier one supplier into the auto sector in europe. if you want a red flag in the auto sector, this is what you should be looking at. the stop down 6%. is also caught up in the sales tariffs story that is going up on with the billing airbus. -- with the billing airbus. it is also -- with the boeing airbus. it is also a story of weakness in asia. that is look

unilever said today it produced some 700,000 tons of plastic packaging in 2018.rump signed a limited trade deal with japan today. it restores benefits that u.s. farmers lost when he withdrew from a broader agreement, negotiated by the obama administration. and, on wall street, the dow jones industrial average lost 95 points to close at 26,478. the nasdaq fell 26 points, and the s&p-500 slipped 13. still to come on the newshour: where the impeachment inquiry goes from here as a second gowhistleblower comes forward. amy walter and tamara keith on the fallout from the investigatn into president trump. and much more. >> nawaz: the impeachment inquiry rolls on with more subpoenas and another whistleblower. white house correspondent yamiche alcindor bins our coverage of the day's event. >> alcindor: a new day. a new round of subpoenas related to the impeachment inquiry targeting president trump. this time the democratic chairs of three house committees sent demands for documents to both the pentagon and the white house budget office. they want information on president

unilever plans to cut the use of new plastic packaging it uses in half by 2025.s it will sell more unwrapped products and use more recycled plastics. according to unilever, its products are used daily by 2.5 llion umers d more than 190 countries. >>> market researchers say they have found the term airlines should use for carbon tax. it ain't tax. the survey sponsored by the environmental defense fund examined how people respond to different carbon tax pricing strategies. studies showed consumers were willing to pay more for an airline ticket if it was described as having a carbon offset instead of a carbon tax. carbon tax focuses consumers on the cost while the phrase "carbon offset" draws attention to the environmental impact of the purchase. wow. >> that's interesting. who knew that. >> so we have the income offset. >> thanks, michael. >> feel better already. >>> the mcrib is back. the mcdonald's fan favorite, boneless pork, a tangy barbecue saw onions and pickles on a hoagie style bun is rolling out at 10,000 locations, but only for a limited time there could

unilever, down in sympathy with reckitt benckiser as it cuts its forecast.ts are opening mixed slightly to the downside. westminster is still getting all the headlines today. does boris johnson have the votes to push through his brexit from and will it emerge the house of commons looking anything like the agreement he brokered with the european union in the first space? -- place? with the latest, sebastian salek is standing by at westminster. run us through the timetable of votes this week. 7:00 without second reading, this is the first chance and he's have to vote on the implementation bill that would push through the brexit deal. if that goes through, and analysis suggests we might have those votes, the program motion sets out the timetable and this is when it gets controversial because the government really wants to push this through in three days. that is so quick for a government bill. there is opposition to this. the front page of the paper shows the fury kind to force through. they are annoyed by that. there is no guarantee this will pass. if it does

growing and tried the biggest deal that they had ever attempted which was a hostile takeover of unileveraid no and war buffet said i don't want to do this, i don't want to be part of deals where you have an unwilling party on the other of reallyhat kind stole their momentum and it meant it was impossible for them do big deals where you don't have a winning party. >> isn't gullibility a factor, ed?gh, because to all intents and purposes, investors are buy a story. sometimes, that story works out exactly the way it was intended and sometimes, it's just all air. >> yeah, more often than not it is all air. i think it's a really, really good point. verynk the market gets besotted with certain ideas for a certain period of time and these three companies i think empblematic of those ideas, valiant for a while, as i said, could do mow wrong. there were a lot of other specialty pharma companies, rose to extraordinary levels if you look at anything on a historic basis. when valiant went down, they went down. 3g, these roll-up companies that were dependent on going out, and costs, zero based budget

professor ian shanks developed the system while working for unilever in the 1980s.entitled to a share of the benefits. let's talk to clair curran who is an patent lawyer, and vikki tierney, whose seven—year—old daughterjessica is diabetic and has benefited from professor shanks' invention. tell us about this invention. i am hoping you have got it right there so we can see it. i don't. she is at school! oh, she had it with her at school? she has got to have it with her all the time. can you explain it to the audience then? it is basically a metre and i put a blood sugar strip basically a metre and i put a blood sugarstrip in, and i have basically a metre and i put a blood sugar strip in, and i have got to prick herfinger, put sugar strip in, and i have got to prick her finger, put the blood sugar strip in, and i have got to prick herfinger, put the blood on it, and that will monitor and tell me how much glucose is in her blood, and it gives me her blood sugar reading. and how important is it to your daughter and to you as her mother to have this? extremely important.

color ox, unilever and kimberly clark as well as smaller disrupters using social media as an effective tool to draw customers. meantime, the company continues to double downn on innovation ad techchlogy to launch new products. whether it's unveiling new makeup gear at millennials or dital diapers that trackaby sleep when with knew players flooding thehe marnlts analysts say opinion p and g's ability to maintain the market share will be challenging for the company in coming years. however unveilin new products at the right price that have wider appeal could keep the growing story going. for "nightly business report," seema modi. >>> also helping the market today was united technologies, the dow component off the topnef my head earnings estimates for the third quarter and raised guidance, good newsor the closely watched industrial sector. the ceo cited strength in aerospace business and improves profit margins. shares rear 2% in the session. >>> now to mcdonald's, which reported a rare miss. the world's largest fastt food giant posted disappointing profits for the firste in two years. sa

we were discussing that yesterday in relation to unilever. madelyn, thank you for talking to us.even for seaweed farmers in zanzibar. we'll have a special report. you're with worklife from bbc news. are you getting enough sleep? that is the big question. no. i think everyone watching said the same. according to new research, three in four employees in the uk suffer persistent sleep problems. experts are now calling for the government to appoint a sleep tsar to improve britain's sleep health. nick pahl is chief executive at the society of occupational medicine. iam assuming i am assuming you were not surprised to hear about this epidemic? not surprised, we know that lack of sleep means you are less productive, you might need six days to catch up, which is not good for productivity, this research from loughborough university funded by qatar dream says her feel unable to stay awake during the day, pretty shocking. what is the key problem? companies need to support workers, being good role models, doing things like stopping e—mails out of hours and shift workers having time to recove

that is what we were talking about on monday with unilever.will tweet it later if you want to look. it lists the 20 companies and they are mainly energy—related companies. still to come: jonny wilkinson on the link between mental health and what we eat. the former england rugby legend gives us the inside track on how on how changing his diet made him mentally stronger. you're with worklife from bbc news. ididn't i didn't write this line but i am going to say it out loud! you'll never talk alone if you're from liverpool. according to ofcom, people in liverpool spend more time chatting on the mobile than those in other major cities. ian macrae is director of market intelligence at ofcom. how do you measure something like this? we have a panel of 150,000 people with android phones and we measure they used with an app. we measure they used with an app. we measure they used with an app. we measure the performance is delivered to them and to an extent what they are doing on their mobile phones. why do you think liverpool came top? honestly i have no

in london, the winners are unilever and rentokil, and the house—builders are all down.they will go today in germany is up how they will go today in germany is upa bit how they will go today in germany is up a bit on the market is pretty flat but watching brussels closely. the pound is down. sally, thank you very much. now to the us, where hollywood star ashton kutcher has a created a new reality—tv show that takes a hard look at the country's student debt crisis. vivienne nunis is following the story from new york. what does hollywood star ashton kutcher know about student debt? not much, you might think, but the actor and producer has created a new reality tv show that launches today called going from broke. in it young, debt—laden americans will, amongst other things, be shown by experts are to restructure student loa n experts are to restructure student loan payments. graduates here are a staggering $1.6 trillion in debt, a figure that has skyrocketed since the financial crisis. the debt cost the financial crisis. the debt cost the average millennial between two and

plastic promise — unilever, the maker of persil, marmite and pg tips, says it will halve its use of new

>> most of it is factored in from hindustan unilever. have seen the stock move of the last two days so not a very big bang reaction to the numbers. but the volume's have come in at the higher end of what the street was expecting. volumes were 3% to 6% in volume growth of about 5%, the gross margins expanded by 250 basis points on the back of lower input point cost prices. all the parameters and very marginshe avid data and , all of these factors exceed excitations. from 2250 --ice 2250. another i.t. name from the index itself. lutz martin where look indoor the fashion -- morehead as we look at the world of fashion and 82 five $5 trillion industry. this is bloomberg. yvonne: a quick check on the headlines. saudi aramco production facilities damaged by missile strikes is back to normal a month after the attacks. the company is pumping 10 million barrels of oil per day, the same level as before the september 14 strike at the processing plant and oilfield. the aramco attacks inflamed tensions in the gulf with iran being blamed and charon den

like unilever. some of real value and the house builders.e have a structural shortage of housing we have extravagant pricing and i would suspect many entities believe we are going to have to build more houses. that feeds into the issue of what will any government do to try to revive the fortunes of the u.k. and i think we will see infrastructure spending and infrastructure spending will include roads and that will be helpful for the housing market. do get a deal done with the eu between the u.k. and the theare there areas within european space that look more attractive? export a lot of cars into the u.k.. i would say that is a small issue relative to china. banks now look extraordinarily cheap if you take a more optimistic view of the outlook for the euro zone economy. i do believe it is appropriate to look like -- look at companies because in terms of price-to-book value and cash flow, they discount so much bad news. next but they have done so for ages. >> i think metta lagarde will push on. it will lead to more direct of theg and a relaxat

we own unilever. we've got the health cares. novartis we like.ue coming from the united states on diabetes. we like companies that aren't completely cyclical. i mentioned we have schneider electric. they are more cyclical. we've got a diverse set of exposure in terms of revenues for those companies as well. guy: patrick is going to stick around. we'll get more from him in a moment. we want to take you back to capitol hill. we are waiting for the big vote in the house. it is expect it to happen reasonably shortly. there is the speaker. there you go. that is the timing you should be looking at. this is bloomberg. ♪ be looking at. this is bloomberg. ♪ vonnie: let's take you straight to capitol hill now. this is the house preparing to vote on that resolution affirming and impeachment in cory into president trump -- impeachment inquiry into president trump. nancy pelosi says that she does have the votes to ruled for the next phase of the inquiry and to make it so that we are in a public phase of the impeachment investigation. president trump has been

the west are cross about the sustainability it at the european union you have big companies like unilever and nestle. prices have gone down. your palm oil companies have withdrawn from some of the international certifications. what are you going to do about this? how can you support the industry the palm industry? >> this is not a light problem. 60.5 million farmers and workers are in the plantation area. we are responsible for higher cpl price. several times i have sent a team to the e.u. to explain this. our precious 46 million tons per year. but this is discriminatory, not supposed to be like this. trade must be open. but truth be told, we will fight this because this is about 60.5 million people. 16.5 million people. >> speaking exclusively with bloomberg editor-in-chief. guestning us as our next prashant singh managing director, senior portfolio manager, neuberger berman singapore anything that stood out to from the president? yes it is clear in our recent attraction with a donation authorities we get a similar view that the government's focus on reforms. >> they clearly are not look

unilever are also losers today. you do see two of the biggest newsmakers, louis vuitton making an offer for tiffany is the biggest gainer. asc earnings disappointed the biggest loser. the index that's not moving so much. it's only down half a percent right now. you take a look across european equity indexes, the biggest losers in terms of the index in cacon right now, but the and the dax are holding up. not a lot of change and european equity indexes. let's get the latest on what's going on in terms of brexit, french officials tell bloomberg france will delay the split until january 31. joining us from brussels is maria. his emmanuel macron backing a longer extension -- is emmanuel macron backing a longer extension? maria: that is a big departure from the tone french president has taken a few days ago. exit,s not going to fix time for time's sake is no longer good enough. of what is aerms goal, what is a purpose of it. the french government will also decide whether the rest of the eu to provide a three-month extensi

world's biggest producers, but in theknow, consumers west, the european union, big companies like unileverestle. prices have gone down. palm oil companies have withdrawn from some of the international specifications. what are you going to do about this? how can you support industry? >> this is not a light problem. 16.5 million farmers and workers are in the plantation area. we are responsible for higher cp a price. several times, i have sent a team to the eu to explain this. our production is 46 million tons per year, but this is discriminatory, not supposed to be like this. trade must be open, but truth be told, we will fight this because this is about 16.5 million people. the indonesian president speaking exclusively with bloomberg's editor-in-chief john micklethwait. later, we get reaction to his the low institute southeast asia project's president. this is bloomberg. shery: i'm shery ahn in new york. paul: and i'm paul allen in sydney. you are watching "daybreak australia." the reserve bank of australia remains in the headlines after cutting interest rates to a record low this week. ou

dhp, unilever, all of the kind of companies. a split within the ftse 100. the international revenue stream, you are trading lower. if you are domestically focused in the u.k., you are seeing a big pickup. the move to the downside not as big as the move to the upside. the ftse 100 completely split on brexit lines. brexit dominating the european. that was a look at the european close. vonnie: a dampener this morning after bloomberg reported that china was saying the u.s. would have to not impose december tariffs and start walking back other tariffs in order to buy the full amount of agricultural purchases that have been talked about. when wepener went away started getting earnings from banks, admittedly not all of them were good or beat but it was enough to get the party started. the brexit headlines helped as well. the s&p 500 not breaking through the 3000 barrier just yet, still up 1.1%. the dow up more than 1%. 1.75. year yield, a little bit of money coming out of bonds. safe haven yen, 1.0 879. a little bit of weakness, but as you said, we are seeing the

dave lewis — recruited from unilever — known there as "drastic dave".as announced nearly 1a,000 job losses. this is as they try to work out how to compete. he's also tried new formats. last year, tesco opened a new budget chain called jack's. that's their answer to the discounters. designed to compete with competition from aldi and lidl, there were plans to open 10—15 of these, but last week they announced that store was going to close, and be turned back into a tesco. right. so it will be interesting to see what they say in their results, whether that experiment is working. but there's one cost that is out of the control of tesco. with the brexit deadline fast approaching like many other companies it's been spending money on stockpiling. they've been spending lots of money on that. this is what dave lewis told steph in july. we did take some stock, depending on what the outcome was, we could at least help our customers do that turbulent time. it will be more difficult to do that in october because all of the network will be full of things getting ready

according to unilever products are used daily by 2.5 billion people in more than 190 countries. >>> ifou are feeling thirsty and maybe a little dehydrated, forget about grabbing a glass of water, according to this new research. researchers at st. and rupe's in scotland tested befr eed bevera found nonfat milk does a better job because of protein content. it is followed by pedialyte. orange juice fourth and then, check this out, coke came in fifth. the caveat here is that coke is only good for -- coca-cola is good for short term and water came in tenth. i'm not quite sure how i feel. >> i'll still be drinking my water, free water. >>> former first lady michelle obama is releasing a new book. >> a guided general for discovering your voice, a follow-up to her book published last year. your goals, dreams and the future available november 19th. >> take my money, take my money. don't you feel like you need that in your life? >> i feel like i could open up a journal. it's not the same. new at 6:00, a proposal to charge people for takeout containers in san francisco. were officials have delaye

unilever, the owner of pg tips and lipton, says a standard builder‘s brew is being pushed out by coffeegeneration, and they drink a lot of coffee instead. let‘s check in with the financial markets now. the pound is continuing to rise against the euro and the dollar as optimism washes through the markets that the brexit deal could be passed by mps. that‘s put pressure on the ftse — stuffed full of international companies which book profits in dollars investors have also been reacting that that loss of momentum in china‘s economy. it‘s already seen growth languishing at its slowest pace in around three decades — this latest slowdown adds to fears about a downturn in the global economy. shares in renault have sunk 11% after the french car—maker cut its revenue forecast for 2019. the company also cut its forecast for profitability, saying its operating margin would be 5%, down from a previous target of 6%. that‘s all the business news. extinction rebellion is back at oxford circus in central london again despite being banned from protesting in the centre of the city. yesterday eight protest

unilever, in terms of consumer staples. you could consider anheuser-busch and diageo consumer staples as well, depending on your proclivities. let's look at european markets, opening mixed this morning. anna, we see most stocks gaining, -- indexes gaining, but not by much. the cac unchanged right now. 0.3%.d ftse, up anna: sort of a flat to mixed picture, as investors await the next round of trade talks. they are set to restart in washington later this week. joining us with analysis, the head of asset allegation -- allocation. talks,ead to the trade if you could. we have seen confirmation that the talks will take place, but there are other tensions. the u.s. blacklisting chinese technology companies on human rights grounds. how optimistic are you for a deal? what kind of deal should we look to? a large, all-encompassing deal, or something narrow? >> we could expect a truce in the trade war. if anyone has an interest in preventing further deterioration in the situation, because it could create a further struggle in the econo

unilever up 0.5% after a purchase in japan. otherwise nestle up 0.5%.o not see gainers to the upside. in terms of the losers, more like 1% losses on the big names. bp, royal dutch shell all falling about 1%. a little less in terms of oil companies that are down and big heavyweights that is dragging down the stoxx 600. texaco down 1.4%. 1.4%.co down big management changes in standard life, aberdeen to tesco as well. you do not see big moves. 1.5% is the drop on u.k. supermarkets. european markets opening lower across the board. asian stocks retreated after a week. joining us now is paul markham. isn do you make of the numbers, u.s. manufacturing recession looks pretty solidly registered. will it spread? to haveere does seem been something of a trend developing in the data. it is starting to become softer. it will not be a linear process. oldfeeling is the cycle is but we are likely to see the economy starting to become softer. i think it has been mentioned the nonmanufacturing is important, and we will watch it closely. anna: good morning. looking ahead,

unilever or procter & gamble, this quarter, what do we do for them?ging, capacity to create new formulation of products, we have lori l as a customer. and capacity to produce quickly. it is a market where digitization will accelerate. nejra: bernard charles, ceo of dassault systemes. thank you so much. coming up, ecuador cost profit drops by half in the third quarter as oil and gas output tumbles to three-year low. we speak to the ceo. ♪ here, it all starts with a simple... hello! -hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! [ camera clicking ] wifi up there? -ahhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your xfinity store today. nejra: good morning, this is "bloomberg daybreak: europe." the script, asian stocks cling to gains after results from microsoft boost sentiment. daimler beat estimates. takes the stage for the final time as ecb president. we are live

if you want to play the british market, large caps, something you heard of british petroleum, unileverthey have all been down about 4% for three months as has the ftse 100 as has the s&p, now, these names -- i like bp because it pays a dividend but they are not going to give you the outperformance i think you need. i'm going to give you a secret weapon. this is flgp, franklin ftse u.k. etf, i'm long this one. it's fox trot lima golf bravo. it's been underperforming its own net asset value for the last year of brexit here and the expense ratio is only about 0.9%. this is a way -- it's only about $23.81 by the way the last i looked. it is a a way for the home gamers to get involved if they want to take a shot for it. don't go for the home run. i'm going 25 bucks, i'm probably out by tuesday win or lose. liz: if you look towards monday, they are calling this saturday situation super saturday because it is a highly unusual extraordinary parliament vote on a saturday, no less. >> yeah, no, it's very individualized, fascinating. the way i look at it right now is that the backup in ten-year t

the global consumer giant — unilever — which makes products like persil, dove and marmite — is pledgingastic than it sells. the company's chief executive has been laying out the plans. the challenge is to make sure that plastic stays in the economy and out of the environment, so we want to create this circular approach where plastic is retained in the economic cycle, the circular economy, and doesn't leach out into the environment and the oceans. we would welcome, and indeed are stimulating, the creation of an infrastructure of recycling companies that are able to take refuse and turn it into high quality material that can be used. we think this commitment we are making is creating an economic incentive for that chain to fall into line, and we work very closely with the recycling companies and with governments at municipal and national level. inafew in a few minutes, we will come back and talk about donald trump is my decision to pull american troops out of northern syria. that would allow turkey, in time, to moving and on kurdish fighters. if those kurdish fighters are pushed out of th

you see novartis, astrazeneca rising as well as consumer staple stocks like unilever and reckitt, and take a look at the losing side of the ledger. you see asml taking the most points off the stoxx 600 -- hsbc, trading places right now. even though asml had a robust earnings- report for in the third quarter and sales in the third quarter. we do see -- the stock was at a record high, basically, yesterday and some analysts, including those over at citi have said you can expect profit-taking today and indeed, that is what we are seeing now in terms of asml. you see hsbc falling as well as rio tinto, louis vuitton. anna: european equity markets, opening fairly flat this morning. we are waiting -- mindful of the violence taking place in hong kong in recent weeks and carrie lam is supposed to be speaking this morning in hong kong at the legislative building, after she delivered a pre-recorded annual policy address. it had to bp recorded because there were a couple of interruptions from protesters. it would appear -- she is appearing live in hong kong after delivering the prerecorded stateme

nestle, unilever. we see the luxury companies like louis vuitton. you see diageo.umern companies on the upside. although they are not big moves, just big companies. look at the downside. onc is the biggest drag the stoxx 600. crew andee lloyd's. deutsche bank is falling. ubs is falling this morning. you really have the banks on the downside, dragging and weighing on the index, although not able to keep it down. points. by 0.5 anna: with that is the opening backdrop, markets opening slightly higher as investors await the job data from the u.s. and comments from jerome powell. joining us, an fx strategist at mccoury, and the director of global equities at mng. great to have you both with us. on yourome to you first expectations for today, the jobs report, how that will add to the picture around the weakness in the data. what have you made of the weak data this week? guest: it has been surprisingly bad. they were backed up by the nonmanufacturing seen as a pattern that serves the sector globally above because it is backed up in the euro zone. today is a crucial jobs r

unilever as a gainer. the defensive stocks certainly are the big gains.ee pandora up than 7%. pandora, not the radio operator, but the jewelry maker, putting up a big surge in not only in price, but in volume already. pandora trading 122,000 shares this morning already. take a look at the losers. sap is the biggest point reduction in the stoxx 600. well after texas instruments disappointed with its fourth-quarter outlook. infineon in also a loser. you will see a lot of these tech in theas big weights index. you also see lloyd's, santa fe, i, and rochef weighing down. boris johnson looks to set try for an election after parliament blocked his plan to rush his brexit deal into law. joining us now is the head of global market strategy -- let me first ask you about the brexit situation. how much of any fact do you think this is have -- and effect do you think this is having on the markets or this is something the traders have learned to separate from the price action during the day in stocks? >> i think in terms of market action you see the short-term move in

looking at the other losers, danone down 1%, unilever down almost 1%.se are the defensive stocks we looked at, that are not doing terribly well, but that's not necessarily a bad sign. deutsche of own and -- wonen, one of the big property owners in germany, down as berlin decides owners are not allowed to raise rent for the next five years, stocks like that will suffer. now, boris johnson will make a renewed attempt to win parliament backing for his brexit deal. the prime minister was forced to write to the e.u. seeking a three-month delay that he clearly doesn't want, after losing a crucial vote on saturday. but confidence is growing he has the support, even without that negotiating tool, of 320 mp's, the number needed to make progress this week, either through a so-called meaningful vote today, which is just answering the question of whether they want to do it, or the more complicated legislation implementing the deal tomorrow. labour could back a new deal as well, but it will table an amendment to put all this to yet another referendum in the u.k. joi

unilever is responsible for producing 700,000 tonnes of new plastic a year, but says it plans to slash plastic and finding other alternative materials. the firm says it's trying to stay relevant to younger consumers. the challenge is to make sure that plastic stays in the economy and out of the environment, so we want to create this circular approach where plastic is retained in the economic cycle, the circular economy, and doesn't leach out into the environment and the oceans. we would welcome, and indeed are stimulating, the creation of an infrastructure of recycling companies that are able to take refuse and turn it into high quality material that can be used. we think this commitment we are making is creating an economic incentive for that chain to fall into line, and we work very closely with the recycling companies and with governments at municipal and national level. scientists think they have managed to date a massive flare that originated from the centre of the milky way. this is an artists impression of the so—called ‘sifter flare' which some scientists claim ripped through t

unilever not really holding up with estimates, and nestle had a big buyback, but no one was necessarilyressed. the dollar is a little weaker, pushing into emerging markets. morgan stanley earnings are out right now. taking a look, trying to break it down as we go, looks like on an adjusted earnings basis, coming in at $1.21 a share. looks like a beat versus estimates, about $1.17. give me a second. taking a look at investment 1.6ing revenue, blowout, billion dollars. the estimate was for $1.3 billion. net interest income also super solid, $1.2 billion. that estimate was for under $1 billion. wealth management coming in a tiny bit light, and equity sales also crushing it. they were able to deliver on all three prongs, investment fic, and equity sales. obviously, that stock popping in premarket. net interest income, we seen as a beat for most of the banks. the question becomes can they actually sustain that is rates continue to go lower with. the fed. joining me for more -- with the fed. joining me for more is alison williams. it all looks good. .iviana: --alison: yep[ fixed income traini

. >> same that unilever pledged this week to cut their plastics use. comes in a cardboard tube >> when i met with church and dwight recently, they were the original of the cardboard box. >> what happens to our recycling, they were a huge recipient of much of our recycling. it is not clear. new york city, they pick it all up, i'm not sure where it is all going. >> the new plastic is so much cheaper, we built so many plants, hard for the recycle plastic to compete with new plastic. >> how do you do that? figure that out too? >> i don't know. you can't do it by making ever lane shoes 40% plastic, right? there is ten rivers responsible for all that -- all the plastic in the oceans. they're starting with the ganges doing a great job. >> yeah. >> what? >> how does it all impact the stock of dow, this conversation about palace it tickplastics >> i don't know. yield 2.6% >> no, 6.62%. >> we have a couple of good notes today. >> i wasn't correcting you. >> you were. you were trying to make fun mef. >> i was trying to say how right you were >> target, strong buy

find ways to reinvigorate those brands >> i agree >> and that's what happens i told you to get the unilever moment to sort the stock if you had the guts to do that. today a better day for us. >> how about a couple losers etcy talking about free shipping costing them money i think this is short-term but it's been bad. how about my travel trust? let's go right to twilio, they had accounting issues. they were minor, they had slowdown i believe in twilio, but this was a terrible call and jeff has a lot of customers there i have to put it in suboptimal line >> wayfair as well the loss was not a expected, bu [ audio technical difficulty ] you don't have as many division divisions. >> they are relentless >> except for this one competitor strong and silent. satya nadella. >> microsoft ceo. >> tough as nails, black tee-shirt. >> so when you aggregate wayfair, etcy, twilio, grub, shop, beyond, i mean these first-half growth ideas, when do they come back sheesh, i don't know, they're all in the penalty box look, i thought he did a good job on beyond meat the ones you just talked about, i think that on

they will reduce plastic by 100,000 tons annually and will also step up to achieve these goals at unileverhopes for a solution for the three week strike at general motors are fading as they asked for more investment in american factories and commitment. labor bosses say talks will have taken a turn for the worse. gm says they will negotiate in good faith and are committed to finding a solution to the strike. and that is your bloomberg business flash. francine? francine: let's talk more about trade. negotiators from the u.s. and china are prepared to restart talks, but we have heard that china is going into the talks with reluctance about a broader trade deal. isry kudlow said the u.s. open-minded going into the trade talks. of the issues, the commodities, the tariffs, the ownership, the forced transfer t. theft,logy, the i. the cyber hacking, all of that will be on the table, and china has been buying some commodities as a goodwill gesture, so let's keep an open mind. i do not want to forecast. i will just say this is a good thing for going into the negotiations. is a chiefoining us strate

unilever's numbers were okay this is a strong quarter, much stronger, joe, than the bengals who i guessigh school, red card, hold up a red card. >> we forget so fast monday night we forget so -- >> i see ghosts. i see your team, i see -- you're like ghost busters i see ghosts >> do you have -- do you still own a glass house? >> i like the trash talk. >> i'm a stone thrower from way back >> jim, don't feel bad he brings up rutgers constantly. >> look, i mean, unless you're from boston, what can i say? wow. i hate them. i hate them. >> thank god i was in new york, unable to bet. i was thinking, ten points, jets looked good last time, i was thinking -- i looked at the first quarter, 17-0. >> i see ghosts. >> bengals, god almighty >> jim, we'll see you in a few minutes. >> okay. >> thank you when we come back, we'll talk wework with the reporter who just broke the new details "squawk box" after a quick break. we'll be right back. the world is built for you. so why isn't it all about you when it comes to your money? so. what's on your mind? we are a 97-year-old firm built for right now. edwa

tech, if we see what these two hippies from vermont managed to achieve and transform a company like unilevert also as a man on the street perspective and think about... white maggot if i could just break in, it so interesting hearing you talk about something else that springs to mind... something else you decided to do differently, you could be a billionaire right now, couldn't you? why have you decided to not go public? why have you decided as a company to not go down that ipo public route? is it fear of external shareholders, what is the thought process behind that? it's not that we've said no to going public but there is a lot of attention on the moment around some of these big unicorns that have gone public which i think of caused an awful lot of tension in the market. i think the ipo market around tech will be a very controversial one in the coming yea rs, very controversial one in the coming years, coming months, probably. we asa years, coming months, probably. we as a business, and i think as an organisation, have tried to focus on trust and on value and on creativity first. we have b