President next month. Duterte has been criticized for a crackdown on drug dealers and he also threatened to cut ties with the u. S. And eu. Secretary of state Rex Tillerson made a surprise visit to afghanistan and iraq today, meeting with the leaders as he seeks to establish an alliance against iran and pursue the strategy to fight the taliban. The stops for the first as for tillerson has secretary of state. I am alisa parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is bloomberg technology. Cisco increasing its footprint in the cloud and a deal to buy broadsoft. 10 days before the election testimony. A california house representative put Silicon Valley on notice. The congressman joins us this hour. The tech earnings story continues this week in full. We preview what to expect from amazon, alphabet, and twitter. M a spree ciscos continues, snapping up broadsoft in a deal that expands the ciscos presence in software and the cloud, which has been
Women and fail to do that myself. The bank of england will announce its decision on Interest Rates in an hours time, with many predicting the first increase for ten years. President trump has called for the Death Penalty for the man accused of killing eight people in new york by driving at them with a truck. Also this hour, bonfire night should be fun for the whole family. But as the annual safety warning about fireworks is issued, we hearfrom one family directly affected by injury. Their five year old suffered severe burns after an accident. And the dictionary truth about about fake news, as collins reveal it is their word of the year. Good morning. Its thursday 2nd of november. Im annita mcveigh. Welcome to bbc newsroom live. In the last half hour the Prime Minister has named Gavin Williamson as her new defence secretary. Gavin williamson, who was the governments chief whip before this appointment, has never held ministerial office. The mp for south staffordshire has been serving as
Gazas ruler rebrand as the isisrael says the manifesto not worth the paper it is written on. It is 7 00 a. M. Here. 5 00 in london. This is Bloomberg Markets. Shery ahn in hong kong, it is midday. You have lost a good interviews coming up. Tell us about them. This is the heart of saudi arabia. A lot of excitement around the country in terms of it opening up to Foreign Investment, making some of the big changes. Vision 2030 has been part of that and tries to wean itself off its dependency on oil. Happeningt what is with foreign participation in the stock markets. That has not picked up as much as expected. Bond,ok at demand in the two very different stories but ultimately what we will be doing is continuing to talk to the movers and shakers on the ground on the sidelines to get a better sense of where the story goes and how investors can of further tap the opportunities. For now it looks like a pretty optimistic today for investors in the market. Take a look at the function on the bloom
Power lunch starts right now good afternoon, everybody welcome to power lunch. Im Tyler Mathisen the dow, s p and nasdaq trying to avoid a third day of declines look at the russell 2000 its not there there it is. It was blocked out by the shadow of the moon for a moment it is the russell 2000 fiat and chrysler and the Container Store. The Container Store getting slammed. Retailer cutting its full year earnings outlook brian . I love the shades im starting to feel like the Blues Brothers weve used every eclipse pun except this one. You wont be overshadowed by this majestic occurrence were going to be with you the entire step of the way this is for fun. This is for actual viewing we have our jane wells in madras, oregon its not quite dark there yet, jane what are you seeing . How is the actual viewing thing going . Reporter amazing brian, were about 17, 18 minutes away from the moment that everybody, the thousands and thousands and hundreds of thousands of people who have come to this ar
This is bloomberg surveillance. We are getting pmi figures out of the eurozone, and this is what they are showing. This is for the month of february. Services pmi rising more than expected, 55. 6. He spoke to economists who forecast a figure of 53. 7. Everything above 50 means it is expansionary. Manufacturing also rising a little better than expected. That is at 55. 5. The forecast was 55. I want to see the full breakdown, but we did have a earlier figures in manufacturing pmi from germany that were much better than expected. This is big for eurodollar. Lets get on to the rest of the markets. The one thing i want to show you is hsbc. That stock under pressure today. It did miss profit estimates as the revenue was dropping. It has had to say it will cut more costs. Still the biggest loser in europe in terms of the equity markets. Down 6 . Stocks are pretty unchanged overall. On a case basis, depending on the earnings. We once again talk about politics and risk in europe with those Fren