A white house official says a response could come this week. There has been a breakthrough in libya peace talks. The United Nations says the countrys warring sides have agreed to turn a ceasefire into a lasting deal. Weeks of sporadic violence have derailed negotiations and dashed hopes for a more permanent agreement. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york, six 00 in london, 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following. A sea of red for global stocks. The s p 500 wiping out its 2020 gains and posting its worst day in two years. Investors fearful as the Coronavirus Spreads far beyond china, potentially upending Global Economic growth. Seek safe havens, gold looms toward 1700 an ounce. We talked to the ceo of
A surprise appointment at the head of ubs. The ceo of ing to take over from Sergio Ermotti. He is known for the Digital Transformation at ing and a eran of the dutch banking banking a comparison to whats been happening here, hamers is a relative outsider to the rarefied world of swiss management. He has climbed the ranks. He was the head of the dutch and belgium banking units. He has been ceo since 2013. What he is known for is leading the Digital Banking push in an effort to win customers and he is also known for cost cutting, and thats what he has been doing, bringing ing back to profitability by reducing costs. Sergio ermotti recently cut the banks financial targets for the second time in as many years. We were reporting that the search for a successor was starting on friday. That news came through. The International Wealth management cohead was widely seen as an eventual contender for the top rule. His run in with his former boss, Tidjane Thiam, apparently dimmed his standings with
Surveillance, im Francine Lacqua in london. She targeted bloomberg, but she said about this appointment . Have they been for it or have a lot of the focus who know the had punches for pete and for amy. They had questions . Axel first, you can see the markets will be no the banks. Surveillance. But the question is, bloomberg was surging and biden was a joining as now, Ebrahim Rahbari. Reaction of the stock has been on the markets will be in positive. Distressed candidate. I ways think it is very does this shift the narrative, important when there are some polling . The banks. Conventional wisdom tells you changes, the market has the debates do not tend to move stocks down some 0. 2 . First reaction which was in voters opinions, but this one general positive. Clients have questions around was very fractious, very we did have corporate warnings. The process but i have not passionate. Tom what is so important here, what does wiki yen indicate to received feedback that was we are looking at
Narrow streets of the flames were spreading so fast people were suffocating. Every hour on the buses r. T. International thanks for keeping me company as we talk through the biggest stories of the day. And lets start with this one the u. N. Human Rights Office has released a report identifying 112 companies which it says all supporting illegal settlements in the west bank the findings have come in for shop criticism from israel though its called the document shameful and suspended ties with the body. Who have a boy good will be borg to the Human Rights Council is a buzz body that is devoid of influence the state of israel will not tolerate this discriminates he anti israeli policy and will take action to prevent the implementation of these kinds of decisions the United Nations was referring to the israeli settlements that are constructed in the west bank post the 19676 day war. The 121 officially recognized settlements house around half a 1000000 Israeli Settlers these places offer pla
The flames were spreading so fast people were suffocating your. Bring you the latest news every hour of the day this is national very welcome for everyone here. Lets jump in the u. N. Human Rights Office has released a report identifying 112 companies which it says all supporting illegal settlements in the west bank the findings have come in for a shop criticism from israel though which is called the document shameful and suspended ties with the body. Who have a boy good boy could do to the Human Rights Council is a buzz body that is devoid of influence the state of israel will not tolerate this discriminates he anti israeli policy and will take action to prevent the implementation of these kinds of decisions the United Nations was referring to the israeli settlements that are constructed in the west bank post the 19676 day war these are the 121 officially recognized settlements house around half a 1000000 Israeli Settlers these places offer places of worship homes and businesses that