. >> von der leyen's pack will present a new plan on migration, and she will be judged on its outcome. brent: dw's brussels euro chief called up ursulaon der leyen and asked her about europe's priorities. >> this corona world of fragility,y, we do not want to stay in. we want to move on. we have a plan. we have a concept and we have the investment. next generatioion yououth, 750 billion. now it is europe that has to lead the way, show direction. we want to move on to a society that is more resilient, an economy that is more sustainable, therefore the european green deal, and that is more modern, therefore the digital decade for the european union. still, there are many issues member states don't agree on, like migration, for example. have you received any signals that after what happened that moria, member states are more willing toto change the couour > >> the good news is that next week, the commimission is g goio puput forward a migration pact. this is a holistic concept to manage migration, and i expect the member states will engage in the discucussion so o we can moe forward and have a common plan to deal with that topic. >> you

we just heard trump ursula von der leyen -- we just heard from ursula von der leyen. said the endeavor to reach the tax deal is close, and on brexit a timely brexit agreement is starting to fade. i do not know if it is having an impact on stocks, but markets are still up. we also heard that the eu wants a massive economic overhaul. we will have plenty more on that. as traders rush to buy the dip, we talked to etf. this is bloomberg. ♪ - [announcer] imagine having fuller, thicker, more voluminous hair instantly. all it takes is just one session at hairclub. introducing xtrands. xtrands adds hundreds or even thousands of hair strands to your existing hair at the root. they're personalized to match your own natural hair color and texture, so they'll blend right in for a natural, effortless look. call in the next five minutes and when you buy 500 strands, you get 500 strands free. call right now. (upbeat music) francine: welcome to bloomberg etf iq europe. over the next 30 minutes, we will bring your guide's thriving market and everything you need to know about the funds

that was r-star love von der leyen -- that was ursula von der leyen.o bring in peter vanacker, neste ceo. it is great to chat with you on this. when you hear targets like this, when there is the possibility the combustion engine will go bust and not be able to be sustained and we will all go renewable, what does that mean for your business at a concrete level? peter: first of all, it is very positive news. we are standing behind the settinghe commission is of a minimum 55 percent co2 emission reductions in europe. that is positive news. in order to achieve that target, what is still needed is a pathway. how would we get to that -55% until 2030? we help the commission wherever we can in establishing the pathway. it is achievable. a lot of people be concerned she is setting targets europe cannot meet? peter: there have been a lot of studies that have been done for the commission that actually says yes it is a stretched target, but it is achievable. we also believe it is achievable. under the condition that we are not just focusing on one particular techn

interesting to see ursula von der leyen giving us these new targets.r to anybody who lives in the eu, but also suggesting europe can go other than other countries, acknowledging that this puts the european union out of tilt with the rest of the world. maria: yes, and she confirmed what we knew, 55% reduction by 2030, an increase from the current target. she is also sending a clear warning to the european industry, there are no maybes here, we have to tackle this climate crisis. what is good for the environment has to be good for business. aimed atexplicit line european companies and industry sectors that may worry that these targets may be detrimental to their business activity, detrimental to their operations. she is sending a clear message that the two need to be together going forward. we will also hear repeatedly from ursula von der leyen is the idea of implementation. it is great to come up with big targets and an ambitious agenda, but it needs to be put in practice quickly. officials praising us yesterday tell us this is not just politics, a gree

european commission president ursula von der leyen made the case for the new system.n has already proven in other areas that it can ta ke proven in other areas that it can take extraordinary steps to reconcile diverging perspectives. we have created a complex internal market, a common currency and an unprecedented recovery plan to rebuild our economy is. it is now time to rise to the challenge, to manage migrationjointly, time to rise to the challenge, to manage migration jointly, with time to rise to the challenge, to manage migrationjointly, with the right balance between solidarity and responsibility. the background to this is that the eu's member states have been bitterly divided over what to do about migrants — divisions that become pronounced in 2015 when over a million people arrived, mainly via italy and greece. and already those divisions are being seen again. the austrian chancellor, sebastian kurz, has cast doubt on the idea of distributing asylum seekers across europe. for its part, hungary has always rejected the compulsory relocations of migrants. this i

what happened this morning, so this was ursula von der leyen, the commission president, meeting withandrej babis, the czech prime minister, said that i have a big problem with this, he said at first it seems like the commission still hasn't understood the basic principle, he said, to stop illegal migration you have to stop migrants illegally entering europe and he said this is a no for us. then we heard from viktor orban, the hungarian prime minister, bear in mind viktor orban took on a third term on an anti—immigration platform, that's largely his base of supporters he said that, and some of the tone was better, but for him he said hungary's plan is there will be hotspots, there will be reception centres outside of europe, that's the only way, he said, they could agree to it. he said you cannot have migrants coming on to european soil. all we heard from ursula von der leyen in the last half an hour on twitter was to say that the talks went well. i'll see you in a couple minutes. well, you can really feel the autumn in the air now. first thing this morning in northern scotland, it wa

janka: i think ursula von der leyen was clear the comprehensive agreement on investment is only one partlution, only one brick and this understanding that has to be found, and multiple other steps need to be taken as well, and also she was clear a lot has to be done. momentum after the last eu china summit in june has been built up in the issue is now dealt with at the highest political level. i am personally doubtful we will find any agreement before the outcome of the u.s. election, because that is a determining factor for the future of the chinese approach. certainlyifference apparent before -- between the way the u.s. and the eu treating china is the emphasis the eu is placing on climate. how difficult is it for china and the eu to find common ground here? there is talk going forward, and i hear increasingly, a climate tax being applied to goods entering from china because of the coc footprint that exists there. janka: this is an important topic for the eu and domestic politics in europe. on thens will be decided topic. it really matters. it also matters in terms of the global impact

we also heard ursula von der leyen invoking the words of former conservative prime minister margarette, "britain does not break treaties. it would be bad for britain, bad for relations with the rest of the world and bad for any future treaty on trade." this was true then and this is true today. she also says the hopes for a trade deal between the uk and the eu may be fading. but they hope it will happen. we'll see. from brussels to washington — uk's foreign secretary, dominic raab, is there and will have known a number of members of congress are unhappy with this new bill from the uk government. four released a statement, saying the government's move... and they urged the uk... there was quite a different tone from us secretary of state mike pompeo. yes, we trust the united kingdom. i am confident they will get it right. we've made clear our view of the importance of the good friday agreement, we know the complexity of the situation, we have done what we can to provide assistance for me can. in the end, this will be a set of decisions with respect to this that the united kingdom make

just the last few minutes we had a tweet from ursula von der leyen the eu commission president and shencements from the british government on its intentions to bridge the withdrawal agreement which would break international law and undermine trust. see used the latin phrase, signing agreements must be kept. top officials here are calling for an emergency meeting with the senior british government minister michael gove to try to explain the british position and the big question is where this leaves these talks. the trade talks in the future relationship that have gone under way again in london today. i'm told the mood within the camp of michel barnier the chief negotiator is said to be bleak. we will see what happens in the next couple of days. and chris page is in belfast and equal unhappiness about this in dublin? yes, this is where the rhetoric will meet reality. unionists basically do not want any checks on goods arriving here from the rest of the uk and at the moment as things stand under with all agreement some products coming here from england, scotland and wales to the likes of

the european commission president ursula von der leyen has said she's "very concerned" about the proposalbelarus continues to escalate, with another prominent opposition leader being detained. maxim znak is a key figure in what the opposition calls its co—ordination council. his disappearance comes after maria kolyes—neekova was snatched by masked men on monday. the authorities are targetting the opposition after weeks of anti—government protests over last month's disputed election. the organisation behind the oscars film awards is changing its rules to try to encourage diversity and inclusivity. from 2024, any film competing for the best picture award will have to meet specific targets on and off—screen, for people of colour, women, people with disabilities or members of the lgbtq community. the academy awards had previously been criticised for being ‘too white'. thousands of migrants on the greek island of lesbos have been left without shelter, after fire swept through europe's largest refugee camp. the moree—a refugee camp, which housed more than 12,000 people, has been largely destroy

the president of the european commission, ursula von der leyen, has made quite a wide speech on the prioritiesnd one of those was about reforming the dublin regulation, which essentially regulates european asylum or refugee legislation. we have known and we have been witnessing for years the shame of europe in the way that it has managed the refugee crisis and the wave of refugees and asylum seekers coming from the middle east, and i hope she is faithful to that work and that europe builds up a humane and law—abiding asylum system for the future. still highly controversial of course. it captures headlines daily, the asylum question and migrant question. clive, how about you? what have you seen? that breaking story overnight that the supreme justice ruth bader ginsburg has died. she was suffering from pancreatic cancer for a while, but this is going to add another frisson to a us presidential election if another frisson was needed. donald trump is now going to be able to go to his base and those republicans who were potentially leaning away from him towardsjoe biden saying look there is a vacan

meanwhile, ursula von der leyen, president of european commission, turned to brexit in her state of thently agreed ensuring it was the best way to ensure peace in ireland. and we will never backtrack on that. in this agreement has been ratified. by this agreement has been ratified. by this house and by the house of commons. it can not be unilaterally changed, disregarded or dis— applied. this is eight matter of law and trust in good faith. she also says the hopes for a trade deal between the uk and the eu are fading — maybe but the darkest hour is just before dawn as they say. we'll see. from brussels to washington — uk's foreign secretary, dominic raab, is there — and will have known a number of members of congress are unhappy with this new bill from the uk government. four released a statement saying the government's move "could have there was quite a different tone from us secretary of state mike pompeo. yes, we trust the united kingdom. i am confident they will get it right. we've made clear our view of the importance of the good friday agreement, we know the complexity of the situa

the european commission president, ursula von der leyen, has told the financial times she is convincedt is possible. the u.k. said the latest round of informal talks were useful and some limited progress was made. the aim be ratified by the end of the year. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am leigh-ann gerrans. this is bloomberg. francine? francine: thank you so much. how do you reshape the world's biggest food company? when my next guest joined nestle , he already had a reputation as a dealmaker. the company has bought and sold more than 50 businesses since he took over. as part of its ambition to become a global leader in food allergy treatments, it also on atly spent $2.6 billion company that tackles peanut allergies. joining us is mark schneider, chief executive of nestle. thank you for joining us. if you look at what we have been through, the pandemic and covid-19, how does it change the relationship we have with our food? does it make us want to buy healthier food? wh

the european commission's ursula von der leyen said...nt fears the uk single market will cut across areas that are usually devolved. at prime minister's questions in the commons — borisjohnson nick beek is in brussels for us. nick, the president of the european commission making no bones about unhappiness about this. you are absolutely right. this set the alarm bells ringing here in brussels and the other capital cities of the remaining 27 remaining states of european yesterday when they first heard about this proposal. today they have looked in detail and the dismay really has grown. as you say, it was the president of the european commissioner who tweeted about her deep concerns. it is interesting, she used a phrase in latin, a language we know that borisjohnson likes to drop into conversation sometimes. she tweeted... agreements must be kept. she said if the british government pursues this policy, if it goes back in anyway on the divorce deal was signed and sealed last year, not only with the government to be breaking international law

what ursula von der leyen has said as the old system does not want, this has to be a new one.lidarity so hungary or poland can save you not take migrants but failed asylum seekers we will help greece to make sure they are returned to that country of origin if that means contacting the president and making sure they are actively involved. they believe it isa actively involved. they believe it is a compromise. nobody at the highest level of the eu commission is saying this is the best for me, they are saying they hoped doesn‘t cross red lines but we have just had overnight the austrian chancellor saying we‘re not going to follow the german example, he says it will not work like this. the difficulty is not over. what have the other commissioners saying this would put an end to overcrowded refugee camps and be heard ursula von der leyen reference the camp in lesbos, that isa reference the camp in lesbos, that is a big claim. do others think it can actually sort the problem of these overcrowded camps? this is not just apropos of nothing, they have gone through country to country, d

the meeting included german chancellor angela merkel, european commission chief ursula von der leyen,nd chinese president xi jinping. the blah blah bloc is stepping up its demands that china open up its economy even more. reuters is reporting that -- remains on hold in the u.s. after regulators examine the side effects suffered by a patient. it is seen as likely one of the earliest vaccines to reach the market. in the u.k., prime minister johnson's plan to renege on parts of the brexit divorce deal passed its first hurdle despite being denounced icing and members of his own party. the prime minister said it is essential to the uk's economic and political integrity. but the government admits it makes international law and will likely face an even bigger battle in the house of lords. global news, 24 hours a day, on air and @quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am laura wright. this is bloomberg. anna, matt. matt: thanks very much, laura wright with your first word news. i want to quickly bring you some gets on h&m right

ursula von der leyen= -- global news 24 hours a day on tv and @quicktake on twitter, powered by morernalists and analysts in more than 120 countries. ticks down tock president trump's tiktok deadline as we await a court decision, to ban is set to go into effect in a few hours time. plus the international auto show is underway beijing as carmakers push for a bigger share of china's market. jail warren capital tells us the best place to win -- who is best placed -- jl warren tells us who is best placed to win that raised. this is bloomberg. ♪ shery: breaking news. the much awaited decision by a federal judge on tiktok. the band has been temporarily blocked by the federal judge. president trump's band would have removed tiktok from app store is run by apple and google android. tiktok is used by 19 million americans and right now we are hearing the federal judge put a temporary block on president trump;'s down, as the deadline -- ban, is the deadline was the night teacher time, midday in hong kong. midnightadline was eastern time and midday and hong kong. stephen engle is following devel

the european commissioner president, ursula von der leyen, responded to threats. sets a deadline. trade talks resume this week. the pound fell as much as 1% against the dollar. taiwan's exports surged to a record. shipments from taiwan rose by 8% last month from a record high of $31 billion. that was more than the most bullish of estimates and it saw a gain of less than 1%. fears are growing over human and economic crisis in india which now has the world's second highest number of coronavirus cases with over 4 million infections. it has already suffered the biggest growth contraction among major economies with gdp falling by 23% in the second quarter. globally, cases of covid-19 are at more than 27 million with 890,000 deaths. the reserve bank of india is setting new rules for lenders looking to restructure loans that have turned bad because of the coronavirus. they now need to consider financial parameters such as liquidity and debt servicing ratios. the central bank identified 26 sectors at risk with carmakers, aviation, and tourism at the top of that list. still ahead, we are c

we heard from the european commission president, ursula von der leyen, about plans for the climate fronthe world for the european union. and then commerce bank retail set another red headline on the bloomberg. 8:42 in london. let's gay bloomberg business flash. >> the latest version of sony's gaming console, the playstation 5, will go on sale november 12 in the u.s. for $500. that matches the price of microsoft's upcoming series acts as the two companies battle for market share. historically, the less expensive systems sell more, driving an increase in revenue from games. a citigroup employee has been placed on paid leave pending an investigation after revelations he operated a prominent qanon conspiracy theory website. a fact checking service identified him as running the site, which has since been shut down. no specific comments from the employee or citigroup. citigroup says the employee needs approval for any outside business activities. rolls-royce is continuing to think of ways to bolster its coffers after the pandemic slump in aviation revenue. the u.k. maker may issue more debt or

the president of the european commission, ursula von der leyen, has warned the uk cannot disregard thegreement struck with the eu. in her annual state of the union address to the european parliament, she said both sides had agreed it was the only way to safeguard the peace process in northern ireland. this withdrawal agreement took three yea rs this withdrawal agreement took three years to negotiate and we worked relentlessly on it, line by line, word by word, and together we succeeded, and the result guarantees our citizens' rights, financial interests, the integrity of the single market and crucially the good friday agreement, and the european union and the ukjointly friday agreement, and the european union and the uk jointly agreed friday agreement, and the european union and the ukjointly agreed it was the best and only way for ensuring peace on the island of ireland, and we will never backtrack on that, and this agreement has been ratified by this house and by the house of commons. it cannot be unilaterally changed, disregarded or do supplied. this is a matter of law and trust and

the european commission's ursula von der leyen said, "this would break international law and undermines this was done, so what does this change? what is going on? it is really saying that if there are no free trade agreement merges we reserve the right to act unilaterally to apply the provisions ofa, unilaterally to apply the provisions of a, what is now an international treaty, the northern ireland protocol as part of the withdrawal agreement, within which there are, there are measures which say these are matters for a joint committee of the two sides, so, where the government says we are seeking to clarify, what the northern ireland protocol could mean in practise, the eu are saying you are changing it and in doing so you are breaking international law, some are specific issues, you mentioned some of them there, the application of eu state rules in northern ireland, the fact that for goods moving from northern ireland to great britain within the uk, you are supposed to fill out an export declaration form online, small things but they are contained ina small things but they are contain

ursula von der leyen said the same thing applies today and she called on the current conservative leaderthe brexit divorce deal that was agreed last year. the european union and the uk jointly agreed it was the best and only way for ensuring peace on the island of ireland, and we will never backtrack on that, and this agreement has been ratified by this house and by the house of commons. it cannot be unilaterally changed, disregarded or do supplied. applause this is a matter of law and trust and good faith. we know of course that borisjohnson in contrast as he is only acting in the best interests of the whole country, and he is looking to secure the peace accord in northern ireland, and also interestingly we have heard senior conservatives say that it is actually the european union's side that has been acting in bad faith in particular in these negotiations that happening are not very well but they have been going on nonetheless. serious and violent criminals in england and wales will face tougher jail terms under government proposals to overhaul sentencing laws. the new measures also in

in response, the head of the european commission, ursula von der leyen has tweeted saying that she trustsscussion around this and how to avoid a hard border with northern ireland, and now this. just explain exactly what this potentially does mean. the agreement on avoiding that hard land border in ireland was a necessary pa rt border in ireland was a necessary part of the withdrawal agreement that got the uk out of the eu. what we are 20 negotiat now is what the future relationship looks like, —— trying to negotiate... we have two stress we have not seen what this new legislation and uk internal market bill will look like but government sources have told us it will override parts of that withdrawal agreement, notably the protocol or parts of the protocol on ireland and northern ireland. what that means in practice is that there are elements within the withdrawal agreement that say to enable there to be no border at a between the republic of ireland and northern ireland, there would have to be some kind of bureaucracy between northern ireland and the rest of the united kingdom. you don‘t h