Thank you for joining us in the debate. First of all, just to start off, im going to give you each 20 to 30 seconds, state your case. Maurice i feel compelled to give an opinion, i dont consider that making such a decision is only a u. K. Decision. It has a lot of implication regarding the eu. Ive been quite irritated that David Cameron has decided to play with this fantastic, great european dream just for internal purposes and career path. I believe that this is far too serious an issue to just put his career as the key elements of the decision. I think the u. K. Should stay, and the damage will be much bigger for u. K. Than eu. I believe that the u. K. Has always been an open country. You could go 1000 years ago, its always been open to the world. Entrenching the u. K. Is an island is a big mistake. My reason for wanting to leave it is because of what the president said right here. Situatione president eu was not satisfactory, and it needed radical change. Im sorry to say i dont thin
To put our content everywhere as long as we are paid for it yvonne we are all over the global conference with expert insights on the state of investment. Companies are not avoiding paying u. S. Taxes at all. Its off the table . Yvonne its all straight ahead on bloomberg best. Yvonne welcome. This is bloomberg best, your weekly review of Business Analysis from around the world. Lets start with the daytoday look at the top headlines. The week began with a bang as a huge merger imploded. Halliburton will have to pay 3. 5 billion after they call that their proposed merger. In the face of fierce resistance of u. S. Regulators and the justice department. For baker hughes they are going back to the drawing board and how they are going to go ahead. They are doing a 1. 5 billion stock buyback. I think the question now about them cutting costs, they say they can illuminate 500 million throughout the end of this year. I think the plan that management needs to prove to investors is how they will e
It seems the ecb is cornered because they have to remain credible. They have promised more. They can do three things to deliver. What will they do . Tom some early stage ands about what the ecb can do. Guests as youreat know, mind up. Lets get to the first world news. Reporter thank you. The European Central bank has a challenge today. It has to be shown he is ready to use stimulus. He has said it is too early to decide whether to expand. Meanwhile, the Economist Survey by bloomberg critics predicts the ecb will keep rates of the same. China says they will invest more than 9 billion in the First Nuclear power project in the u. K. Chinese Nuclear Company is designing a future u. K. Reactor. John boehner is being replaced by paul ryan. Rayan says he wants to hear from the two other groups by the end of the week. Hillary clinton will appear before the benghazi committee. This is regarding the attack in libya. Republicans suggested the s motivation is political. Last month, is the hardest
Welcome to the pulse, live from london. Nikkei hasns recorded its biggest oneday gain since 2008. That came as asian stocks rose across the board amid optimism that chinese policymakers will succeed in stabilizing the mainland equity markets. Francine the chinese premier will address an evening session of the World Economic forum and discuss the state of chinas economy later this morning. To round up all the market moves, lets get to mark barton. Mark what is going on today , then . The asia pacific index rose the most since 2009 in the last two days. The shanghai composite Index Benchmark has risen by 5. 3 , all on this belief that china will stabilize its Financial Markets. It comes after all three u. S. Indices went down, their secondbiggest gain of 2015. Index hadsiapacific its biggest gains in 2009 not the most astonishing move today in asia. This is the most astonishing move yesterday, 24 hours ago, we were talking about the nikkei erasing all of this years gains. What a differen
Welcome to the pulse. We are live in london. Im guy johnson. I am francine lacqua. Lets get to our top stories. 3. 3 billion. Regular dinners regulators banks 3. 3 five billion dollars to settle a probe into Exchange Rate rigging. Great to have you on the program. Give us a sense of how much this was actually expected. We published of 2013 that outlined problems with the benchmark, the focus of the fines today, and suggested that traders were regularly communicating ahead of these fixes. They were aligning their positions and attempting to manipulate the fixes. Here is more detail if anything is more egregious than anticipated, interested banks to work would Work Together to rig benchmarks to maximize their profits. It is the same old story in that respect. One name that really stuck , that was being there barclays. What is going on with barclays . It is a bit of a moving feast. We were under the impression that barclays was going to settle. Something changed recently. An interesting p