Mix. Yields job, rc phase ends are safe havens turning into Risky Business . They are starting to buy things may have not bought. It is all ahead on bloomberg best. Hello, welcome. I am angie lau. This is bloomberg best, the weekly review of the most important Business News and interviews from Bloomberg Television around the world. Angie looking at top headlines, the merger uniting two of the largest companies. Chinaig new deal in today, the Ridesharing Company uberss agreed to buy chinese subsidiary. Tell us about how this will work. Based on the announcement, our understanding is that didi will form a new entity valued at 35 million and both will become minority shareholders, and also the founders will become, they will sit on each others boards. This is a combination of a battle that has been lasting for more than a year. This outcome is something that is a winwin for both companies. Didi is worth more today because sharesdeal and also uber are worth more because of the deal. Solar
Importance. You would rule out the possibility of using Nuclear Weapons against isis . I am never going to rule anything out. Nejra it is all straight ahead on bloomberg best. Nejra hello and welcome. I am nejra cehic. This is bloomberg best. Its a weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. In retrospect, this week has been dominated by tuesdays tragic terror attacks in brussels. On monday, attention was focused on Silicon Valley and a major Product Announcement from apple. Unveiling a new iphone at an event in cupertino with a smaller screen and a smaller price tag, starting at 399 for the cheapest new iphone ever. What are your big takeaways . I think its just interesting. I was making an analogy with the golden state warriors. Rather than go big or go home, the old traditional basketball adage, they found that small ball works well for them and they won a world championship. You can see apple tried the same
The map but every elite in the world does. This tax haven story is really remarkable. Caroline absolutely sensational, so many months in the making and embroiling presciently as well as the islamist Prime Minister. 10. 3 is your number for the eurozone unemployment, the lowest since 2011. Clearly showing slow but steady improvement in the unemployment level of eurozone. 10. 3 still a high level but overall we are improving. Bpi is getting Producer Prices and they are getting coming in, still stagnating. Tom as we start the Second Quarter, but difficult economic. Unemployment in europe versus the United States is something. Here is vonnie quinn. Vonnie our flights are scheduled to leave the Brussels Airport a day after it reopened. Only three flights departed yesterday. The Brussels Airlines has flights scheduled to the u. S. And africa. He has of damage caused by the attack on march 22, they have 20 of their normal passenger load. Linked to2 members the paris and brussels attacks are s
Welcome. Lets get straight to some of the big market moves. First up, as we said to you in he headlines, jacob does a u turn and so does the rand. He appointed his second finance minister in four days. Bringing him back so what we saw was the rand jump almost 6. 5 . That is the biggest interday gain since october 2008 and his goes back to last week when fitch had downgraded the countrys debt, really having quite a dramatic impact in terms of the rand. Its about commodities and currency as we go into this fed week. This is west texas intermediate, sifpks to the lowest level in seven years, iran pledging more oil for the market. This is the performance over the past month. I can tell you 11 of this decline was implemented last week by the market. There is absolutely no chance that iran will decrease the plan in shipments. Traders, data, this is how we benchmark how negative the traders are there, the most bear issue ever. Ets get the bloomberg first trade. The latest data out of china ho
He was going to have to do something. Quite a uturn. A lot of internal politics going on within the asc. Lets did you uptodate with everything you need to know. Here is caroline hyde. Caroline the rbs achieve a of saying the restructuring of the bank is going well advanced. Returning to profit within four years. Hes coutu manus cranny and an exclusive interview. Quest the work in the work in the bank will be done by the end of this year. The restructuring of the front end will pretty much be done right end of this year. Which is a very, very good outcome. Caroline there has been a rant rebound after jacob zuma named his second finance minister in four days. The man who is the held the post between 2009 and 2014. Francis fars right frances far right failed to win any national assemblies. Hollande performed better than predicted. Back to you guys. Friday a guy shocker for global equities. What are we doing . A bit a little bit of a bounceback. A failed value calculation thats a fair valu