When you have to do a big costreduction program it is because you have not kept pace. Nejra it has been a year of transition for europes central bank. We are not that yet there. We are not yet there. Nejra it is all ahead on this special edition of bloomberg best. Nejra hello, and welcome. I am nejra cehic. On this special edition of bloomberg best, we will look back. Revisiting the years most interesting interviews with newsmakers, policymakers and leading figures in business and is brexit. Re it the dominant story of 2017 in politics and business. Negotiations over the uks divorce from the European Union not starting until spring. Leaders in britain and europe were staking out positions and anticipating the economic impact. In january, theresa may came to the World Economic forum in davos. To lay out her vision which he discussed which bloomberg which she discussed with bloomberg. The message i brought here to davos is that britain outside of the European Union, we want to build a tr
England to raise rates today but is carney as committed to the height . Hike . Squeeze,s for credit the ceo tells bloomberg he is cautious on global markets. We are less than half an hour from the start of european cash trading. There will be some interesting stocks stories. This is what the story is on the fair value calculations. Slightly negative start. A lot coming out today. The fed chair announcement, the bank of england, payroll, a whole load of other things happening. A little caution is justified. Lets turn your attention to the gmm and get a sense of what is happening around the world. Germany had a solid today yesterday. By 1. 78 . S up on the mliv blog this morning, mark cudmore is talking about commodities touring, not drawing the line between nickel and the philippines. The philippines market of 51. 8 . Up. Philippine peso trading the aussie dollar moving up, the south african rand moving up, as well. Lets show you what is going on in the commodities space and the bond ma
Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted
Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted
Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share price has more than halved. More than 50 wiped off its valuation. Therefore, he is bowing out. He leaves 60 million stock awards. He does remain on the board. Some of the things, he decided that he wanted to move away from twitter and find someone to take his place. They now have an interim ceo who comes riding to the rescue. Jack dorsey himself, the cofounder. 2008, he was ousted. He has moonlighted