Communicating well as the year ended. Faarecent surprise is the was not ready to review the boeing until mid february to finish the review. Dennis muilenburg could be back in fleets by year end. This disconnect surprised a lot of people. That was the beginning of the end for denniss career at boeing. Kevin in terms of the shareholder response and the washington response, how have people been reacting to the news . George we have seen shares up. Was about this act trying to keep any further slippage in the timeline, trying to keep the max in front of the faa and reviewed and cooperated and looking like youre cooperated with the faa. I do not think it accelerates anything. I want to follow up. What is interesting is this is a company that is known for its checklist. For pilots talking to engineers, we have a great story in Bloomberg Businessweek on this and how there was a breakdown. What needs to change. Is it a big change within the boeing culture going back to where it used to be . Ge
The next governor of the bank of england. He is no stranger, 30 years of experience in a range of positions. Francine lacqua joining me now to take over hosting bloomberg surveillance. About his experience of Monetary Policy, the economics of the u. K. , and on the regulatory side, and reflecting on the brexit experience, even if many people point out a lack of Monetary Policy setting experience. In terms of market reaction, we do not expect a lot of reaction. Our colleague was pointing out he was widely expected to be the next governor of the bank of england. Move on the ftse 100, equity markets not moving far. We do have confirmation on who the next governor of the bank of england will be, and mark carney has extended his term to the middle of march. Francine thank you so much. Welcome to bloomberg surveillance. Governor of the bank of england will stay until march 15. Andrew bailey is to succeed mark carney. Bailey spent three decades at the bank of england as Deputy Governor. Lets
Process. Carol and we hit the red carpet to celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. But first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At the peak. Carol a culmination of a fouryear effort from the kingdom. We are in wanted to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small there ine, 1. 5 is out the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. Back to 2016er when the initially announced plans for the ipo, the plan was to sell shares 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. Theevaluation did valuation did not get close to what they wanted but it is a
To celebrate the bloomberg 50. It is our annual list of those 2019st of those whose accomplishments stick out. Jason but first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At their peak. Carol a culmination of a fouryear effort from the kingdom. A lot of questions. 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 shares 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. The valuation did not get close to what they wanted but it is attracting Internati
Carol plus, we have more from the bloomberg 50. Our exclusive interview with beyond meat founder, ethan brown. Jason first up, the top political story, impeachment. Carol congress will ring in the new year with partisanship and bitter division. Sounds familiar. This time, it is in the form of the Senate Impeachment trial of President Trump. Lets get to a reporter josh green with more on that. The impeachment trial a big story this week. You have a fascinating story that talks about how, with everything going on in terms of impeachment, this could benefit joe biden. Josh yeah, it does. As we look ahead to january and the beginning of the 2020 election voting, one of the Big Questions everybody in washington has is what affect is impeachment going to have on the democratic field . The peace i write in businessweek this week takes a look at joe biden and his situation. One of the ironies of the impeachment trial is that it came about because President Trump thought that joe biden looked l