Opportunity in the market. The doj is stepping up its probe of Credit Suisse and ubs. We will get you the latest. From new york, dani burger is with me. Welcome to bloomberg markets. It feels like a rally off of a low. Its been a brutal couple of days but we are seeing a little bit higher. Dani it doesnt even feel like a rally, it feels like up pause and a time for reflecting after all those central bank decisions. We certainly see things shifting in the most positive term premium. It something we havent seen for the past seven years. Alix s p futures bounced off the 200 Day Moving Average so it doesnt seem to be a surprise. Its an energy story and we are below the 100 Day Moving Average of the tactical signals leave a question. We talk about term premium but we broaden that out and its about broader risk . Dani it is in a brings us to our question of the day. After what weve seen of the past two weeks, are you getting paid enough to jump in . Joining us to discuss this is michael and
to the skies for a summer getaway. record numbers of passengers they re predicted to fly this year, with airlines raking in healthy profits and airports fit to bursting. but against a backdrop of war, economic uncertainty, and the year for global elections, can it continue? and, with our climate in crisis, can any of it be done sustainably? i m going to be discussing all of that and more here they are with a host of experts for our bumper aviation special. also, i m catching up with one of the longest serving airline leaders, the industry heavyweight yep, the big boss of emirates airline, sir tim clark. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. now, for many of us, it s that time of the year where we re checking our passports, getting our bags out of the cupboards, and dusting off our shades as we prepare for a summer getaway, jumping on a plane in search of the summer heat or trying to escape it. the ai
foreign affairs chief, josep borrell, called for an independent investigation into israeli shelling that damaged the gaza office of the international committee of the red cross on friday. jordan condemned what it called israel s systematic targeting of civilians and aid agencies. in tel aviv, tens of thousands of people attended what organisers said was the biggest anti government protest since the war began. prime minister benjamin netanyahu is under continued public pressure, as the families of 116 hostages held by hamas in gaza plead for a ceasefire. our middle east correspondent, yolande knell has more on saturday s strikes. there have been more deadly strikes on different neighbourhoods of gaza city. in al sharti camp, large strikes there. you can see these dark plumes of smoke in social media videos, several homes flattened, shocked people rushing to help the casualties who are at the scene. and there has been speculation in isreali media that a senior hamas command
once again, a big hello and a warm welcome to the show. now, for many of us, it s that time of the year where we re checking our passports, getting our bags out of the cupboards, and dusting off our shades as we prepare for a summer getaway, jumping on a plane in search of the summer heat or trying to escape it. the airline industry is now officially back on track, after the dark days of the pandemic. and i tell you what, their outlook is very bullish. a record high of nearly five billion travellers are predicted to take to the skies this year, with the world s airlines expected to post over $30 billion in profits on the back of it. and that increase in demand, it s projected to continue with passenger numbers heading in one direction and that s up with around eight billion expected to take to the skies by 2043. good news for the airlines, but it is raising concerns over its potential environmental impact. aviation is currently responsible for around 2 3% of total glo
Oil giant, 10 of the subsidiary could be sold off. Plans to pay shareholders 400 million in 2018 and 2019. Tracy alloway spoke exclusively to the ceo and asked for more details about the plan. The announcement said at least 10 . We might go a little higher, that will depend on how the market is over the next few weeks. Tracy is there particular valuation you are targeting . Not really. A firstto demonstrate of its kind ipo in the region. What we are trying to achieve is a way to ensure an unprecedented [indiscernible] market and domestic and local investors to work alongside. Tracy there are of course rumors you might look to float other businesses. What else might be in the pipeline . Were looking for ways to maximize value to shareholders while keeping it wholly owned. Having said that, we are looking at exploring the whole value chain with the main focus being on service systems. Tracy you keep rolling out a listing at the Holding Company level, you did it earlier today during your