Of sweden. Sweden is not a member of nato. Neither is russia. Good morning, everyone. From a meeting of the World Economic forum, i am tom keene. Francine lacqua will join me in a moment. It is called today. It is adapting to the new world order. We will catch you up on the news in london, with sebastian salek. Europes biggest bank, hsbc, says Trading Operations that generate about 20 of revenue for the Investment Bank in london may move to paris. Speaking exclusively to bloomberg, Stuart Gulliver and was confident about londons future as a financial capital. Stuart this is a decision british people made, so we need to execute it. But london will return london will remain a global mental center. Ofelieve the revenue impact brexit on Financial Services will be made good in two or three years time. I do not see the Foreign Exchange market moving, the equity market moving, the highyield bond market moving. Specific we will happen is those activities covered specific by european legislatio
Laura we begin in nigeria, where dozens of people have been killed after the air force mistakenly bombed a refugee camp. The airstrike took place in the northeast of the country close to the border with cameroon. A number of aid workers were among the victims. The Nigerian Army frequently carries out bombing raids in its fight against the infamous group ko haram. Wrong boo this is a horrible tragedy we are getting news up this morning. Doctors without borders, which has been crucial in helping to curb some of the tragedies as some of the emergencies in nigeria are saying that at least 52, but an earlier quote coming from the actual state is saying more like about 100. That will be finalized in due course. We see more bodies coming out from the area, but we know that the Nigerian Air Force was actually trying to bring refugees out of a camp and somehow a bomb went out instead, and aid workers were also killed as well. Laura its not the first time that civilians have been accidentally ki
Laura we begin in nigeria, where dozens of people have been killed after the air force mistakenly bombed a refugee camp. The airstrike took place in the northeast of the country close to the border with cameroon. A number of aid workers were among the victims. The Nigerian Army frequently carries out bombing raids in its fight against the infamous group ko haram. Wrong boo this is a horrible tragedy we are getting news up this morning. Doctors without borders, which has been crucial in helping to curb some of the tragedies as some of the emergencies in nigeria are saying that at least 52, but an earlier quote coming from the actual state is saying more like about 100. That will be finalized in due course. We see more bodies coming out from the area, but we know that the Nigerian Air Force was actually trying to bring refugees out of a camp and somehow a bomb went out instead, and aid workers were also killed as well. Laura its not the first time that civilians have been accidentally ki
Samsung says batteries were to blame for its overheating note 7 fiasco. The company has apologized and promised to tighten battery safety. Sam suns biggest business crisis killed off its flagship device with a cost projected to be 6 billion. Global news 24 hours a day powered by over 2600 journalists and analysts in over 120 countries. Youre watching bloomberg. Thats the check of the markets. We are seeing upward pressure for the regional benchmark, gaining. 3 . Japan is moving around and be composite is up. The shanghai composite up. 3 . This is bloomberg. Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all the top interviews from this week in tech. Coming up, netflixs crown jewels. The company out with a huge beat this week as new customers flock to their original content grade plus, the chipmaker in the crosshairs. We will break down the case against qualcomm as the fight over licensing heads to court. And why a judge decided not to arrest s
On what crossing this milestone might finally mean. We sat here a few weeks ago. Right. We got within a third of a point. Ill tell you the difference is the way you cross it. I mean, when we got there last time, i think a lot of people felt, wow, all these stocks are so stretched. Its really the banks that are doing it and thats not sustainable because banks have gotten way ahead. You look at the charts. And most of the of the good numbers that were in are more animal spirit driven. This is the biggest week of earnings, big week of earnings last week and were putting together a proctor, an american express, we look at ibm, 3m, which i know some didnt think was that great. It was fine. We look at United Technologies and boeing and say, geez, these are companies doing pretty well. So maybe its not all smoke and mirrors. Maybe its not all animal spirits. Maybe its not all trump inauguration. There was also a tremendous short base put in because people felt like no matter what happened its