Stoxx 600 after a selloff in Technology Stocks. Meeting, we understand that russia and opec will extend their production cuts. Eurodollar, im looking at that, also pound. Maybe finding an agreement. With some of her possible coalition partners. Later on, we talk italian banks and risk with claudio costamagna. Interview yousive dont want to miss as well. Minouche shafik joins us in her first tv appearance since leaving the boe. I, we will talk with the socgen chairman. Lets get to the bloomberg first word news. Nejra u. S. President donald trump has nominated Marvin Goodfriend to be a governor of the Federal Reserve. A professor at Carnegie Mellon university and a former director of research at the richmond said goodfriend has served on an independent panel of economists known as the shadow open market committee. Opec and russia are ready to extend their Oil Production cuts until the end of next year to ensure global stockpiles keep falling. Viennang to delegates in , all opec members a
Recognize me if my tie was fixed, but ok. Just leave it this way . Alright. David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. In how do you define leadership . What is it that makes somebody tick . David you actually started out, you wanted to be an actor, and after a number of years you abandoned that. Have you ever thought that, you know, the country and the world has now missed having another de niro or pacino by your not being in the acting world . Leslie no, i think it was a great benefit to america that i decided to give that up and go to the other side. I think fairly early on and i was smart enough to realize that probably three or four or five years into my acting career, that i was sort of a mediocre actor. I was also tending bar more than i was acting during those years. And i looked around, and i said, you know what, th
Container that is cutting down on waste and making money by helping the environment. Well find out more. And austria is banning the smoking ban. So would you avoid places where smoking is allowed or are you not that bothered . Just use the hashtag bbcbizlive. Hello and welcome to business live. South africas beleaguered president jacob zuma has resigned with immediate effect avoiding a no confidence vote planned for today. He faced persistent allegations of corruption and will now be formally succeeded by Cyril Ramaphosa, the new leader of the anc. Markets have reacted positively to the prospect of a new president. Since the start of december, the South African rand has been the best performing currency out of all of the emerging economies here you can see the dollar declining against the strengthening rand. It rallied a further 2 on the news of mr zumas resignation. Many suggest mr zuma was not committed to serious economic reforms. Gdp growth has slowed over the course of his tenure.
You have had to follow bill gates and steve ballmer. Did you feel you were ready for the job following those legends . The best advice i got helped me a lot. It was dont try to be like us. To say i am succeeding these people. I remember even during the interview process, the board was conducting and they asked me do you want to be the ceo. I said only if you want me to be. In peopleck i got was wanted to see you like, i want to be ceo. I said thats not me. Up 120 . Ock is to annualo shareholder meetings, you get a standing ovation . Have people asking me to come home and fix my computer. You are a native of india. What part . I was born in hydra andbad. Your parents told you you were going to be Prime Minister or something important . What did they want you to be . They wanted me to stop playing creek it and take my studies more seriously. And when did you realize you would not be a professional cricketer player . Pretty soon. Realized i might play firstclass ticket in india, but i was
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . You have now had to follow bill gates and steve ballmer, two legendary figures. Did you feel at that time you were really ready for the job following those legends . Or were you saying i could do a better job than they did . Satya the best advice i got from both bill and steve i think helped me a lot. Because theyre clear message was, dont try to be like us. Dont even bother to sort of say, oh, i am seceeding these people. Just be your own. In fact, i remember very distinctly, even during the interview process the board was conducting they asked me, do you want to be the ceo . And i said, only if you want me to be the ceo. The feedback i got was that people who want to be ceos are like, i want to be ceo. I said,