Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments
I am Francine Lacqua here. First to the markets because there is a lot going on. We are covering brexit. It is not only about brexit. There is a lot going on in the wider market. I am looking at oil. The implication of the Saudi Arabia Oil market, because the king will meet the minister for oil and petroleum. We will see what impact that has on their policy going forward. 6. 92 for oil. You can see the index unchanged. Chiefiller speaks to the executive at the herbert motor show. About brexiteaking with lord adonis soon. Said the Prime Minister plans to defy legislation requiring him to ask eu for brexit delay. That comes after the resignation why she couldnt stay on. I supported Boris Johnson and his approach and i was right to do that. The consequences now, one senior. Olleagues expelled this made my position untenable. Francine joining us now is andrew adonis. Roles in thes labor government. Lord adonis, thank you for coming on. We are back to two years ago where there is a multiple
Reporter damon wright says the district is now reviewing and lengthening its hiring process and other protocols. We will not shy away from embracing actions that will strength in our commitment to excellence across our operations and service to students. Parents say they are glad the district is taking action and they hope the kids impacted can get the support they need. I just hope the kids can get therapy. He pled not guilty to the charges. Jody hernandez, nbc bay area news. To get ready for rain. A live look across the bay area and we see sunlight on this first full day of daylight saving. Lets bring in our chief meteorologist jeff ranieri. That was a hard go this weekend. A little bit of rainfall as we roll through tonight and even tomorrow morning the storm system is just off to the north so this gives you a closer view. We have had a little bit move through here across the north they and right now nothing too heavy. Sku in here over towards s body showers right there on 29. Track
Jobs. Anna good morning everyone. This is bloomberg daybreak europe. Let us get straight over to the Market Action in the asiapacific. Energy story. Nd energy and mining stocks are feeling the brunt of the selling in the asian session. There are questions about the move over 4 or the 10 year chinese yields if that will influence the stock markets negatively there. Second day we are seeing drops away from the highs. Doubts lingering in the markets as to whether there were as to whether there is really a conviction. That looms large on the agenda for thursday. We are getting comments from the Saudi Oil Minister saying there are no differences in opec. Is there asndex well. Pretty flat right now. We did see a little rally in the yen earlier. That perhapsjapan the North Koreans are preparing a Missile Launch and that increased the appetites for the risk havens earlier. We have the Jerome Powell testimony. Looking at the markets in the u. S. Fridays terms of shopping, cyber monday. We talke
Let us quickly check on the markets. Quite a lot going on. I am looking at the stoxx 600 in europe which is gaining a touch on the backs of gains in Energy Companies and a bullish outlook from one of the sectors bellwether. Looking at the dollar. And the fed and what we will hear from powell. Therude oil including impact of the opec meeting. We need to wait a little more to see how long we will cut production. A lineup our lineup today is looking pretty good. We feature some of the top names in banking and economics including Tidjane Thiam. We speak strategy and outlook on the Global Economy. And jim oneill. He speaks u. K. And emerging markets. Later, we will also speak with John Studzinski from blackstone. Let us get straight to the bloomberg first word news. Nejra in the u. S. , the Senate Tax Bill is headed for a debate. Should it pass, Republican Leaders will have to hammer out a compromise. Two republican members of the senate what your say they may not agree to vote the measure