I feel like we are playing this exactly as we should. Ritika the Global Travel slow down sends shock waves around the aviation industry. I think the airlines will definitely fail. This is a huge amount of money the airlines are going to lose for 2020. Ritika in the u. S. Politics, super tuesday shakes up the race for the democratic president ial nomination. This was a big night for former Vice President joe biden who beat expectations. Ritika the u. S. Jobs report tops off a week brimming with data. The economic base is strong, the fundamentals of the economy is strong. Ritika plus an exclusive conversation with nissans ceo. He said job one is to listen and learn. Its important for me to know reallyrency, what is going on down to our employees. Ritika it is all straight ahead on bloomberg best. Ritika hello and welcome. Rupta. Tika give to, this is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world.
I was a hostage. He is very keen to clear his name. Party on, elon. Tesla celebrates a milestone of its push into china. Huawei braces for another challenging year under u. S. Sanctions. We hope restrictions do not get worse, but if they do we have a plan b. Sebastian Alan Greenspan says the only way to curb deficits is to pull back benefits. We are trying to spend more than we have. Sebastian thats all straight ahead on bloomberg best. Sebastian hello and welcome. Im Sebastian Salek and this is bloomberg best, your weekly review of the most important Business News analysis and interviews. Lets start with a day by day look at the top headlines. The week began with markets reeling from a geopolitical shock, an attack that killed one of irans top military officials. The fallout of a top Iranian Military commander is widening. Lawmakers in iraq have voted to expel american troops. Iran says it will no longer abide by the Nuclear Deal Reached with major powers in 2015. President trump thre
These annual letters are going to be Agenda Setting for wall street. Earnings season kicks off with the biggest banks in the spotlight. Numbers we saw this morning in fixed income are staggering. Top executives from health care and Drug Companies spot key issues facing their industry. Biosimilars are an important part of the health care system. Technology is an enabler of innovation, accelerator of innovation. We are trying to bring down outofpocket costs for consumers. Even as equities climb to alltime highs, howard marks thinks it is not a great moment to be in the market. The odds are not, in my opinion, in the investors favor. It is all straight ahead on bloomberg best. Hello and welcome. I am juliette saly. This is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. As the week began, tensions remained high in the middle east with irans government f
Micron, qualcomm, verizon. Tesla ceo elon musk cuts a rug after delivering the first customer cars from the shanghai factory. Shares touch a record high. This week brought increased tensions between the u. S. And iran. A military strike in baghdad and in baghdad took out one of irans top generals. They responded by launching missiles at u. S. Interests in iraq, roiling the markets and creating new fears of cyber warfare. Cybersecurity firms like cloudflare were up this week as a result. I was joined by the director of strategic threat at an ai security firm. There is a significant distinction between irans battlefield capabilities and where they are on the cyber front. They are never going to go toe to toe with the United States in this realm in a conventional battle. In the cyber realm, they have a greater chance of pushing back more dramatically and having a greater impact in the United States, so even though they have not gone that route in terms of immediate reprisal, it is not out
Carol and we hit the red carpet to celebrate the bloomberg 50. It is our annual list of those whose 2019 accomplishments stick out. Jason but first, the biggest ipo, saudi aramco. Shares surged to a market value of at their peak. 2 trillion carol a culmination of a fouryear effort from the kingdom. Talking about this, with a lot of questions. One thing to point out. Now it is publicly traded and it it is an ipo, a publicly held company, but only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell as much as 5 of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Valuat