He weighs in on the trade war but says the group is extremely wellpositioned despite the risk. If we are not forced to do deals, we have a good strategy. Years, wehe latch you are wellpositioned to capture organic opportunities. Of course, if we have an opportunity to evaluate nonorganic options, we will, but it is not something we are forced to do. Nejra defense undercut. Gordon sondland says President Trump demanded a quid pro quo from ukraines new president as he implicates senior officials in the administration. Welcome to bloomberg daybreak europe. Breaking numbers coming through on the bloomberg. The event headlined is that is proposing suspending his 20182019 dividend. That is the main thing to look at. Fullyear adjusted ebitda comes in at 802 million euros. A little soft on the fullyear adjusted two number. 42 billionevenue at euros. Estimate, 41. 6. That comes in slightly better than expected. The strategy was key for investors as the industrial giant reports these numbers tod
And linking up. We get an exclusive check in with the linkedin ceo. Jeff weiner. His thoughts on the Company Three years after microsoft acquired the job listing site. But first, to our top story. A late developing shakeup at the top of oracle. The ceo is stepping down for health reasons. The company did not specify what issues he is facing. But executive chairman released a statement saying oracle has an extremely capable ceo and an extraordinarily deep team of executives, many with long year tenure. Joining me to discuss, Bloomberg Intelligence Senior Analyst in new york, and with us, Global Executive editor tom giles. Thank you for crashing on this. How surprising was this announcement . Tom as far as his leave, there have been signs over the last year that he may not be unwell. What was not expected was the announcement to come today. And because they had not announced until now, there was a question mark about whether they would and whether he was getting well or not. It took us a
We get an exclusive check in with the linkedin ceo. His thoughts on the Company Three years after microsoft acquired the job listing site. But first, to our top story. A late developing shakeup at the top of oracle. The ceo is stepping down for help reason health reasons. The company did not specify what issues he is facing. But executive chairman released a statement saying oracle has an extremely capable ceo and an x and an extra nearly deep team of executives, many with long year tenure. Joining me to discuss, Bloomberg Intelligence Senior Analyst in new york, and with us, Global Executive editor tom giles. Thank you for crashing on this. How surprising was this announcement. Announcement . Tom as far as his leave, there have been signs over the last year that he may not be unwell. The was not expected was announcement to come today. And because they had not announced until now, there was a question mark about whether they would and whether he was getting well or not. It took us a l
First half. Is ticking asck london and brussels plan new talks. They can still block a new deal divorce. Kathleen breaking news on south korea Industrial Production. I was talking about whether or not the bank of korea might cut their key rate and a couple of hours. The pricing jump, up 2. 6 . Up more than forecast at 0. 5 . That is what was expected. In terms of the monthly number, lets move on to the yearoveryear number. Up 0. 6 . A big improvement over 2. 9 . That has been revised a little bit higher, 2. 6. Very good news for south korean Industrial Production, closely linked to manufacturing, closely linked to the trade war. We will get more details on that and get more on that later. Beijing for ato look at the asian markets. There has been a lot of volatility this month but it looks like on the last day, we are seeing cautious optimism. More green across the board. For the nikkei. Positive numbers out of korea so that will help bolster when the markets open, up almost 1 . 5 thise
More solid, with the exception of what is happening in hong kong. Yvonne saw another violent weekend. Police firing tear gas at subway stations. Hong kong relatively stable when it comes to the hang seng. Cathay pacific, seeing one of the biggest worst sessions we have seen. Lets talk about what would watching in terms of currencies. Dollar china below that 710 handle. Comingseeing strength through in the earlier losses. The close on friday was not pretty. David we took one of the three levels we were tracking, which would not take you back to the referendum. Took out 121, 10 speak looking at 11986. Watching those levels very closely. Iron ore is continuing. 28 depending on what contract. Still holding up at the 1500s. Yvonne lets talk more about what is moving on these markets. We saw stronger fixing from the pboc, where the currency headed now . What the pboc is signaling is aat it is trying to oversee steady, controlled weakening of the currency. Thats what the fixes have shown over