May help the investigation. A suspected pot grow up in flames. New details on the moment neighbors could sense trouble. Also, shutdown showdown, as President Biden wakes up here in the bay area. The race to pass a funding bill and where things stand in washington at this hour. This is today in the bay. Good morning to you on this wednesday. Im marcus washington. Im laura garcia. 5 00 right now. Well check in with mike in just a bit. First, lets look at the forecast. Meteorologist kari hall is tracking what we can expect. Its going to be really nice out there as our temperatures warm up just slightly for the inland areas. As we take a live look outside in dublin, its a clear start to our morning in martinez. Now at 58 degrees. Its a little cool as youre heading out the door. As we go through skrout the day, temperatures will slowly warm up and well see much more sunshine as our temperatures head for the mid to upper 70s for parts of the peninsula, san mateo reaching 75 degrees, 77 in oa
Time Mitsubishi Materials is in the limelight for the wrong reasons. And for the markets today it will be quieter with it being the thanksgiving holiday break in the usa. Yet europe is open and training and as you can see the markets are all headed south. And we meet the man who revived an iconic brand, the Royal Enfield motorbike, as it returns to the uk for the First Time Since the 19505. We will find out what has driven that decision. And as Holiday Shopping 5eason driven that decision. And as Holiday Shopping season begins i5 driven that decision. And as Holiday Shopping season begins is your budget squeezed, are you planning on spending more or less orjust cutting back on christmas. Let us no, using our hashtag, bizlive. A very warm welcome to the programme. We live, this is business live. I think we have our technical problems 5orted now so lets begin in switzerland. European Commission President Jean Claude Juncker will be holding talks very soon with the government. About tryin
The european markets were down a couple minutes ago. They are pretty much back up. It seems the feel good factor in u. S. Stocks have now petered out somewhat. Im looking at u. S. 10 year treasury yields, pretty much a picture of stability. The dollar off the trade bound. The dollar, gaining a touch. Coming up on bloomberg surveillance, we sit down with luca paolini, the chief strategist at Pictet Asset Management. Thewe will also break down saudi budget with the director of Economic Research at the Gulf Research center. First, lets get straight to the bloomberg first word news. Sebastian uber has lost the battle as it differs from traditional taxes. The car hailing app should be regulated. The eu court of justice ruling, think of the president sentting. British officials fear spain will threaten to veto, if negotiatey fails to with madrid. It has been in british hands since, 1713 but spain could make a claim over the land. To the u. N. Assador nikki haley is pressing other countries n
Welcome to the pulse live from bloombergs European Headquarters in london. Im manus cranny. The shanghai composite index posted the biggest oneday move since 2009 after chinese authorities introduced more measures within an attempt to restore confidence in a stock market that has taken a battering in recent reeks. Regulators announced that banks can roll over loans backed by shares after officials banned major stockholders from selling in affected companies. Having marked 10 days of actions by the central bank by regulators, by the government, does it look as if this is a shortterm at the moment . That is the question isnt it manus . It worked for at least one day. Another day of wild swings manus. The index dropped to 3. 8 at one stage. It rose as much as 6. 9 . The most since 2008. The government battling to restore Investor Confidence in this market. They have unveiled marketboosting measures almost every day the last couple of weeks. Late wednesday regulators banning stockholders f
Firm has no intention of tlashing outtlash thrashing out a takeover deal. Theres nothing to negotiation. Unilever too sales rebound despite emerging markets. The ceo is planning on another year of growth. Overall results 2. 9 underlying growth. This is the 7th year in a row that we have top and bottom line growth. Strong internals as well. And welcome everyone to the show. A number of earnings out of switzerland to cover. First, Credit Suisse beat expectations in the Second Quarter with profit of over 1 billion swiss francs. Earnings continue to suggest weakness in the Investment Bank. Lets get more with carolyn froms urich. As you said numbers were better than expected but the credit doesnt go out to him. Hes only been on the job for a couple of weeks. Yes he might have been very well prepared for that job but were talking about the Second Quarter here and that credit obviously still goes out to the outgoing ceo and im a little surprised to see that the Second Quarter shaped up better