Blackstone and we speak to a ceo first. It is 6 00 here and we have breaking numbers from phillips and we will fill in these details with them delivering revenue and the markets have and theyin sales expect the market to grow by with a on the basis flatter this and there is a lot of upset with the reorganization and that presents an opportunity for phillips. There is a man who has the himers and we will speak to in 15 minutes on the numbers and thehina was as giving in third quarter. Andets get to the numbers the flagship moment. Revenues andotal the principles with the latest butmates, if you like, looking backwards over the past is a touch below and the same could be said for with 6. 81 andmber we have had a lot of changes in Accounting Practices and businesses announced and they thosehey have purchased in this is a conversation you will not want to miss later with the ceo with the bloomberg team. Selloff in asia and we have strong levels in the the lofty levels and will anything dis
There is a little bit of a downside on the stoxx 600. Eurodollar, little bit of an improvement there. Coming up on bloomberg surveillance, we talk european growth. To our man from jpmorgan. Then we talked to teri haynes. Of the get a preview state of the Union Address. A lets get to the bloomberg first world news. Nejra the house of representatives has committee has voted to get clearance to release a republican memo. It alleges bias. Say thetive republicans investigation to come in ties to the white house are under false pretenses. For the first time the 10 years or so i have been on the committee, there is a vote to politicize the declassification process of intelligence. That would could potentially copper my sources and methods. The u. S. Secretary has announced a list of oligarchs in russia with ties to vladimir putin. It includes 96 oligarchs. Willmed will not all not automatically face in the sanctions of inclusion may cause banks not to do business with them. There is fragility
Appall appalled . Reporter i talked to a couple customers who saw our report earlier this evening. They say they are shocked at those photos. Shopping carts full of raw meat being carted into the ran ch 99 market. Its crazy to see. Its placed on a cart, distributed straight to their door like that. Theres no way that has any equivalence to freshness here. They were shot by loretta last week as she was on her way to go shopping. She later posted them on social media. Slabs of pork, they were on the handlebars. Reporter they apologized to the public and said people the pushing the meat are not their employe employees. They told us the store has immediately discarded their inventory, we are working with our supplier to ensure such an incident will not occur again. People i talked with were shocked but seemed loyal to the market. Ive been here for a good 15 years now. Its pretty good. Reporter the ranch 99 market told us they only found out about this today, nearly two weeks after those pi
Since september. Bigdr pepper is todays winner surging on the news of a 18 billion approach from coffee keurig. Yo betty that is a lot of caffeine to start your morning with. We saw ageold in the treasury market. They, it was really about bond market, and that is spooking investors. I want to pull up this chart. The yieldlking about curve flattening, there was a miss read of that, and we know primarily a big reason for that is the shorter end of the yield curve was rising faster than the long curve. Now it seems the 10 and the 30, which were lacquered, is finally playing catchup. Given the movement we saw today, that catch up might move up pretty quickly. We talked about what a wild week it was for traders. Announcing how much issuance theyre going to be having for this year, and also the report is a recipe for higher yields, and also the dollar catching up with this rising yield. You heard analysts with reports saying it is not going to last they arebecause saying, you cant exactly re
Under threat. The Saudi International Petrochemical Company this is Bloomberg Markets middle east. Quite a few adjustments happening in these markets and around the world. The s p 500 dropped by the most in september. Let me show you a increasingly red picture. Msci a asiapacific down 1 and the selloff has accelerated over the last hour. Lf being led by the asx 200. Nikkei coming in weaker. Done 1. 2 . Dollaryen trade holding steady. Overall this is against the backdrop of a slightly stronger u. S. Dollar that is weighing in on some of these key foreignexchange basis. Kiwi the only one able to buck that. Australian sovereign bonds outperforming their u. S. Peers. Investors put in those bullish f bets. It is a story affecting alumina. Aluminium. We did have brent crude under pressure. Down. 06 percent. We are looking ahead to u. S. Inventory. It is not only a story of stronger dollar but u. S. Inventory expanding. Ending a record run of declines. Will this mean for the broader opec mode