parade, cheered on by a grateful city. global news 24 hours a day powered by our journalists in more than 150 news bureaus around the world. from the bloomberg news room, i am shery ahn. bloomberg west is next. emily: i am emily chang, and this is bloomberg west. coming up, the oracle logs on. warren buffett comes out swinging with two big bets on tech. we will break down the berkshire-apple connection. apple turned heads when it jumped into the passenger seat with didi. we will have details on a potential ipo. reportedly working on its own private labels for things like baby products, snacks, and household items. there is a launch planned for next month. our lead, warren buffett, the oracle of omaha, has disclosed a $1 billion stake in apple, announcing it bought 9.8 one billion shares sometime in the first quarter. buffett has historically stayed away from tech, saying he doesn t understand it. in late 2011, buffett acquired a 5% stake in ibm. shares are down some 20%
hillary clinton visited a union training center in louisville. sanders won last week s primary in west virginia, a neighbor of kentucky. after beating 5000 to one odds on their march the premier league championship, leicester city celebrated what is being called one of the greatest achievements in professional sports history with a victory parade, cheered on by a grateful city. global news 24 hours a day powered by our journalists in more than 150 news bureaus around the world. from the bloomberg news room, i am shery ahn. bloomberg west is next. emily: i am emily chang, and this is bloomberg west. coming up, the oracle logs on. warren buffett comes out swinging with two big bets on tech. we will break down the berkshire-apple connection. apple turned heads when it jumped into the passenger seat with didi. we will have details on a potential ipo. amazon is reportedly working on its own private labels for things like baby products, snacks, and household items. there is a
for the week. vonnie: 1.5 million dollars worth of savings will help contribute because this is an all-cash deal. an exciting day for the industry, specifically when you consider that they have been trying to consolidate and there are so many unsolicited bids between companies, monsanto included, and now monsanto is on the receiving end. jon: and the potential of that deal is being reflected let s get you up to speed on markets. futures where are we? i m not sure we are that saw on the dow. we will update you on that in a moment. s&p futures down. that is one year and not intraday. moves, theyraday are your one-year moved spirit let s switch up the board very quickly. hopefully they are intraday moves through they are one year moves once again with euro down. that is the reality today, down by 10% over the last year. around the s go world and check in with our bloomberg team for in-depth coverage of our top stories. matt miller is in berlin on buyers push for monsanto. enda
global equity markets looking pretty decent, firming up in europe with the ftse up about 48 points. futures positive in the united states. yields on the 10 year, pretty much unchanged at 124% 1.84%. look out for that. table at the moment, 146, it s a stronger pound. we will get to that. then imac of about .4%. the brand down for the sixth straight day. the lira strengthening down to 297, the turkish central bank cutting its rates to 945%. let s go to in-depth coverage of our top stories. guy johnson in london, where mark carney talks brexit. matt miller in frankfurt. in brussels, where finance managers meet on greek simin demokan. jonathan: the bank of england governor mark carney is testifying this morning. guy, the momentum seemingly behind the remain campaign. what is mark carney have to say? guy: he has the responsibility to stand up and make clear the risks that are associated with the referendum. he s not backing down on that. everything you said today felt very cavea
kongcurran is in hong wanting to know when the fed will raise interest rates. matt miller is in berlin. let s begin in greece. finance ministers have reached an agreement that will allow aid to be released to ease the debt burden around the country. marcus joins us live from athens. aid disbursement means greece will not face a massive payment crunch to the ecb in the summer. there s also some extra money that allows it to stopping down taxes are about to rise. it s not going to cause jubilation on the streets. they can expect a little bit of stability over the summer. jonathan: thank you. david: are you wondering when the fed will next raise interest rates? chinese officials will ask their u.s. counterparts about the timing of the next increase. curran in honga kong. when are they going to ask this question and where? good morning. it shows how nervous china s leadership is of the looming fed rate hike. issuelan to raise this when diplomats meet as part of a strategic
she had a little bad news today, as you know. some reports came down that were not too good. not so good. the inspector general general s report, not good. charlie: the fbi s investigation continues. clinton said she would be willing to sit for an interview. the news also comes as bernie sanders closes in on hillary clinton s lead in california. joining us, a political reporter who focuses on clinton, and from washington, david lee myers of steven lee myers of the times. let me begin with amy, where are we in day two of this story? amy: the clinton campaign faces a central challenge, her trust numbers. the latest new york times poll, 64% of registered voters said they do not trust hillary clinton, the same amount as donald trump. they are wondering, how do we overcome that? that challenge has collided with this new report that is in some ways very damning, and the most damning because it plays right into the narrative that donald trump is trying to craft of her, as not be
interest rate increase is likely in the coming months. japanese shares rose. treasury bills are closed worldwide today. the yen is back to a one-month low against the dollar. the sales tax increase scheduled for next year will probably be delayed. japan s retail sales growth stalled in april. economy grew slightly faster than originally estimated. growth accelerated. it beat the estimate. france s gdp report showed that investment jumped 2.4%. billionaire is offering $4.4 billion to buy out and privatize. that is a higher valuation. relocate.ate will they have been out of the spotlight since they voiced concern that such transactions could flood the market. markets are closed in the u.s. and u.k.. let s check in on the markets that are open. the stoxx 600 is pretty much unchanged. we have seen gains in the dax this is after european stocks of their best weekly gain since february. the story is about dollar strength. you see a stronger euro against the dollar. just a quick str
devaluation was confusing. repeatingeading his claim to china south china sea. let us know what you think of our top stories. follow me on twitter @rishaadtv, include #trendingbusiness. shanghai, shenzhen, and hong kong reacting to that u.s. jobs report. here is juliet. what a disastrous number for that payrolls number. we are seeing weakness come through from a laser on the open. singapore opening higher. from malaysia on the open. singapore opening higher. most of the weakness coming through from the nikkei 225 as the yen holding near one-month highs. this is a story of dollar weakness. the likelihood of a june rate hike in response to that jobs number now only 4%, down from 30%. the likelihood of a july hike down from 50% to 27%. down 1.4% with the yen holding on to those highs. australia, up by a third of 1%. gains from gold players. that shows you how much there is in terms of risk off sentiment. investors flocked to that safe haven gold price. zealand closed today, al
result. a bank may move its headquarters from london if britain decides to walk away. follow me on twitter @rishaadtv, include #trendingbusiness. straight to the markets, jitters out there. a few hours from the historic vote in the u.k. people start voting and about four hours. is there an overriding sense of fear? david: caution is a better way to describe it. there is some level of restraint. there is only one game in town. inflation out of philippines, singapore, but none of that matters if you re looking to arbitrage these exchanges at the moment. it is about the u.k. referendum. volumes belowxed, recent averages. some of these that s have piled up a little bit in favor of the u.k. remaining in the eu. generally speaking, the past few days have seen funds go overweight in terms of cash. have a look at what is happening dollar-yen, va doing this. we are closer to the high end of the range. how do you trade this? if the u.k. votes to remain, how do you trade that? so the ye
i i m in edwards. manus: and i m manus cranny. anna: this looks to be a touch above estimates at the ebit level. the second quarter netted 312 million euros. this is a company we have to talk to about brexit. this is a business that operates in the u.k. what will they have to sell? they have said they will continue to invest in the u.k. in the immediate aftermath of the brexit vote. two of their competitors merged in the u.s. recently. we will be speaking with the asset manager at 7:15 u.k. time. manus: the swiss-based drugmaker netted $5 billion, just ahead of the estimate of $12.2 billion. sales will be broadly in line with the prior years. they are driving unchanged for the rest of the year. the core earnings came in at $23 billion. they have a huge amount of generic competition coming through. you can see second quarter sales beat on the headline earnings. the guidance is broadly in line with last year. they delivered a solid second quarter, despite the risk on aspect.