g20 summit to include bilateral trade talks between the united states and japan. canadian prime minister justin trudeau is set to give the green light to a major oil pipeline. companies want to expand the transmountain pipeline from alberta to vancouver. that would mean a 15% increase in western canada s daily shipping capacity. the pipeline faces legal challenges and push back from environmentalists. in hong kong, the chief executive carrie lam has apologized for the extradition bill that led to mass protests. there is not a timetable for restarting the legislative process with the measure. she is ignoring calls for her to quit, saying she intends to finish her term. china has said that it still supports her. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i m mark crumpton. this is bloomberg. it is 1:00 p.m. in new york, 6:00 in london, 1:00 a.m. in hong kong. i m vonnie quinn. welcome to
a no deal breaks it. and earlier i spoke to john hermann he s a lawyer at c.m.s. law firm and he s a team advisor advising german companies on breaks it related questions so i began by asking him what the prospects of a no deal breaks it would mean for companies in europe. it s been clear from the night of the vote back in two thousand and sixteen that if we got to a point in time where there is no regulated transition period in a regulated exit of the u.k. from the european union this is would suffer a considerable disruption uncertainty has only grown over the time that that has come since then and as we enter this last phase the uncertainty just increases a business a very concerned about disruption destruction to their supply chains disruption to their staff destruction to their markets both suppliers and product markets and the implications that they will have could be very severe so what are they doing about it what are you advising them to do about that to prepare for
the e.u. without a deal. at least six people were killed and more than 120 injured when a fire broke out at a hospital in india. officials say the flames at the government-run facility in mumbai were likely caused by an electrical short circuit. crews were searching all floors to see if anyone was still trapped in that building. global news 24 hours a day, on air and on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. vonnie: it is 1:00 p.m. in new york. i am vonnie quinn. welcome to bloomberg markets. from bloomberg world headquarters in new york, here are the top stories we are following. trump takes aim at powell, the president criticizing the federal reserve on the eve of a policy meeting. apple versus qualcomm. the lead attorney for apple device makers looking for almost $9 billion in damages. am the worst year for hedge coming to a2011 is close. what will 2019 bring? that is all in the next 30 mi
surveillence. is a look at european stocks. they re getting the most in two weeks. it s a little bit better than our preliminary estimate. we see the german economy powering through overall. we also saw some unemployment figures that beat estimates. commodities extending a little bit of a record run. euro-dollar, a lot of focus on the currency today. yield is atyear 1.95. this is a we have coming up on surveillance. we will hearing from john chen. 10:00, we will be joined by stephen michael smith. cklow-smith.a they will be seeking to joshua green. will be speaking to joshua green. onto nejra cehic. officials debated the risk to american outlook last month with some concerns about inflation and robust growth. the minutes of the meeting show most participants reiterated support for, quote, continuing a gradual approach for raising the target rate. in three moreiled hikes for 2018. in the united states, the worst storm of the winter season has knocked out power to thousands
this is the stoxx 600. we see a little bit of pressure, down from 0.6%. we saw a mixed session in asia trading. and we have this pressure on bond yields. around the world. this served the boj into action to keep rates from getting out of whack. we have a good interview from our tim ross yesterday. 223.e, 1.4 coming up on bloomberg surveillance, the speakers to the chief financial officer as the danish lender unveils a $1.7 billion buyback plan. a little later, it s the brexit show. we areb ack on we re back on track and we discussed trade. we also discuss jobs and growth with roubini. the bank of japan has announced the first unlimited fixed-rate bond purchase operation since july, seeking to assert control over the nation s yield. the central bank offered to purchase 10 year notes over a fixed rate of 0.1% and expanded purchases at the regular operation for the second time this week. the boj target for the 10 year yield is around 0%. lester they offered to purchase an un