Its the last attempt to get a lifeline and keep greece in the euro. German chancellor Angela Merkel says time is running out. Angela weve shown much solidarity with greece. Our last offer was very generous. In these time of challenges be it refugees or terrorism, europe can only keep strong and stand together if every country asumets responsibilities. Vonny they have to decide whether they can cooperate with cyprus and walked out of talks and called the referendum. Theyre trying to prop up the falling stock markets. Foreign investors are selling shares at shanghai listed stocks at a record pace. Vonnie obama warns it will take time and went for a briefing with the top military commander and called the fight against the Islamic State a generational struggle. President obama this will not be quick as a longterm campaign. Isil is opportunistic and it is nimble and many places in syria and iraq including urban areas, its dug in among innocent civilian populations. It will take time to root
Al qaeda leaders as they plotted the 9 11 attacks. An afghan official says omar died two to three years ago across the border in pakistan. The taliban says the group will release a statement shortly. Congress will question pentagon officials today about that iran nuclear deal. A Senate Committee want to know how the agreement could affect the military balance in the middle east. Yesterday, secretary of state john kerry test of ride before a house committee. All makers from both parties sounded skeptical about irans promise not to build atomic weapons. Matt microsofts new operating system windows 10 was released at midnight. It sparked a surge of computer buying but that is unlikely this time. Still, microsoft Vice President told bloomberg that this launch is very important. This is a pretty significant launch for anybody who uses pcs and wants to get things done with technology. We have had big window launches that have brought in things like enabling the internet to happen. I think wi
Journal there close to raising rates next month. Chinas push to join the elite as a currency takes a hit. More work is needed on the yuan. Welcome to countdown. This is Bloomberg Live from london. 6 00 a. M. Numbers are coming through from moments ago. Lets get to carolyn conan. She is in paris. Yes. It is the highest quarterly earning in eight years since the financial crisis. Societe generale benefited from three things. They had a good performance and equity ending. It jumped 61 . They also had a gain of 312 Million Euros. Recovery of the economy in europe, especially in france. They had 45 Million Euros in russia. This is smaller than it was in the First Quarter you also told me in the Second Quarter. We spoke exclusively on second order earning. We have a strong set of results. Good performances across the board. Also good monitoring of costs. A really strong performance. And very happy. Couldnt talk generally about the economy, france and europe. Would you say the economy is stil
Recognizable names in the Tech Industry. For decades. We will bring you an exclusive interview with michael dell. First to our lead, the worlds most valuable startup may be going public sooner than we think. The new boss at uber met his new employees and he outlined some of his Top Priorities at the job including coming up with a new set of Core Principles and bringing in a new chairman to help implement the agenda. The of the calm some of com team and tweeted out remarks. In his own words, the company has to change. What got us here is not going to take us to the next level. In the meantime, Travis Kalanick has already expressed interest in returning to a more active role in the company which could create a potentially awkward dynamic that the new boss will have to manage. In the meantime, it was all smiles at the new board meeting. As Arianna Huffington shared this. We spoke with our bloomberg tech reporter, eric newcomer, and our global head of technology to find out what else happe
We will bring you an exclusive interview with michael dell. First to our lead, the worlds most valuable startup may be going public sooner than we think. The new boss at uber met his new employees and he outlined some of his Top Priorities at the job including coming up with a new set of Core Principles and bringing in a new chairman to help implement the agenda. Some of the com team and tweeted out remarks. In his own words, the company has to change. What got us here is not going to take us to the next level. In the meantime, Travis Kalanick has already expressed interest in returning to a more active role in the company which could create a potentially awkward dynamic that the new boss will have to manage. In the meantime, it was all smiles at the new board meeting. As Arianna Huffington shared this. We spoke with our bloomberg tech reporter, eric newcomer, and our global head of technology to find out what else happened at that meeting. There were jokes celebrating travis role at t