Neede consensus shows no for a rate move next year, either. Erand the Christine Lagarde gets ready at the ecb. The worlds biggest ipo opens with a bang. Is or isnt saudi aramco worth 2 trillion7 some major banks announced changes and cutbacks. They have to meet their efficiency targets they set. Rosalind the eu unveils a plan to go green that has some businesses seeing red. You see there is pushback. Taxation does nothing for the environment. Rosalind its all straight ahead on bloomberg best. Rosalind hello and welcome. Im Rosalind Chin and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. Another week began without a trade deal between the u. S. And china, and fresh data released on the weekend showed the trade balance shifting between the two superpowers. Chinas exports unexpectedly fell last month as Global Demand continues to w
Washington. The fed signals it plans to rosalind the fed signals it plans to remain on pause. The consensus is no need for a rate move next year either. She said theres still risks to the downside, but they have lessened. Rosalind the worlds biggest ipo opens with a bang. Some major banks announced changes and cutbacks. They have to meet the ir efficiency targets they set. Rosalind the eu unveils a plan to go green that has some businesses seeing red. You see there is. Pushback. Taxation does nothing for the environment. Rosalind its all straight ahead on bloomberg best. Rosalind hello and welcome. Im Rosalind Chin and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. Another week began without a trade deal between the u. S. And china, and fresh data releases d on the weekend showed the trade balance shifting between the two superp
To us a little bit about the open. We expect the shares to be treated any minute now . Yousef absolutely. We are waiting for the numbers, scenariowas the base and exactly whats coming through third theyre climbing to the daily limits of 10 as expected. The ipo was at 32 realities. Implied valuation was 1. 7 trillion. We are already up to 1. 8 8 trillion. The biggest conversation has been around the 2 trillion mark for the government has done is offer a smaller percentage of the company to investors. Of the market cap is a tiny fraction of what is loaded from Companies Like facebook and microsoft word we know there are support mechanisms for the stock , including goldman sachs. Retail investors have been given a hand as well with some incentives. The fast track to index inclusion is important as well. Where the story goes from here is what happens with foreign investors. This is mostly a domestic or regional play. His saudi aramco going to consider a secondary listing . Anna an importan
President trump is in the uk meeting allies at a nato summit in london this week. The labour leader, jeremy corbyn, has welcomed the us president with a letter, demanding that he will not push medicine prices up through a post brexit trade deal. Dominating trumps agenda, though, are threats posed by china, including its dominance of 56 telecoms networks. America has warned its allies against using equipment made by chinas huawei, saying the kit could be used by beijing for spying. These concerns stem from a chinese law that requires Domestic Companies to co operate with the government on security matters. Critics saying that this law could compel huawei to be a vehicle for spying. The Company Denies the allegations made by washington. Meanwhile, germanys chancellor Angela Merkel has also sounded a warning, saying europe a key part of nato needs to have a unified policy on the rollout of the next generation sg networks to address espionage concerns. Mike weston is director at advisory s
More on our website, bbc. Co. Uk news, and the news app. Now on bbc news, live to singapore for Asia Business report. The us threatens tariffs on brazil, france and argentina, pressuring asian stock markets as investors worry about yet more trade spats. Will the longest commercial passenger flight become a reality . We speak to the boss of qantas. Good morning, asia. Hello, world. It isa good morning, asia. Hello, world. It is a tuesday. Glad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets begin with trade spats, because over the last few hours, the us has proposed tariffs of up to 100 on certain french goods in retaliation for frances Digital Services tax. Items which could be affected include sparkling wine, cheeses, handbags and make up product. And just yesterday, President Trump said he is restoring steel and aluminium trout two ta riffs steel and aluminium trout two tariffs on imports from brazil and argentina. He says their currencies