Yingluvck. It is not clear what happens next. It is unclear what charges yingluck faces but they have been into tension for several days. Ck turnay, yinglu herself in after she was summoned by the junta. In just about 30 minutes time, take a look, the commanding general, Prayuth Chanocha will report to the royal command in bangkok to present his pick for interim Prime Minister. Out, heorrectly pointed will then receive the kings endorsement. These are fastmoving developments in the thai capital this morning. A constitution expected to be drafted and a new Legislative Council according to the military will be appointed tomorrow. Of them e release the next step for the military, what could that involve . It has to be setting up a constitution. Political reform. Setting up a Legislative Council, some sort of legislative body. Remember, that legislative body and the constitution will reflect the militarys will. That just reading according to sources in bangkok and the military, the thai ju
Is 6 00. Bloomberg reporter standing by, ready to deliver the stories that will drive your day. Live with details of the tugofwar for alstrom. Alibaba could be the largest ever u. S. Ipo, but it fired a warning shot. Story fromhas the hong kong. For twoh bloomberg exclusive interviews. The ceo will break down firsthalf results. Menswear collection for the First Time Ever in london. Several weeks after ge made a , a countertrom offer. We have got the details. Give us the details and tell us more about it. Siemens iswhat really interested in. Its pretty much focused on the turbine business. Offeringment they are 3. 9 billion euros for the gas turbine. The japanese partners are offering an additional pre. 1 billion euros 3. 1 billion , and for the joint venture finally, mitsubishi is offering 900 Million Euros for a 10 stake. For now vehemence is bying their offer trumps ge about one billion euros because it includes more assets. They needed to add a little bit to seduce the french govern
To countdown. I am mark barton. It is 6 00 on this friday morning in london. Bloomberg reporters are standing by across the world, ready to deliver the stories. Hans nichols is in brussels at the eu summit. Manus cranny is covering barclays. Caroline hyde is looking at nike. And in hong kong, zeb eckert is focused on what could be the biggest ipo ever from the u. S. As alibaba chooses an exchange. U. K. Prime minister David Camerons fight against Jeanclaude Juncker is only the beginning of a battle with brussels. It looks increasingly isolated from traditional allies. Hans nichols joins us from the eu summit in brussels. Good morning. Tot is Angela Merkels plan deescalate the situation . That is a very good way to put it. Merkel wants to lower the temperature. She plans on engaging on policy and acknowledging the need for reform. Listen to how she made sure there was space for cameron to climb down. Ifi think it is not drama the vote is not concordant. We have to find as much Common Gr
The event. Fresh industrial profits feeling of the event. Better. G marginally let us quickly check on the hang seng movers. Banks of communications up 4 . Clearing where all of the stocks trade. You would expect that given we have entered a bull market. 10 cents has been granted a license. Its increasing push of by alibaba and others to enter the financial space. Some of the Property Developers we want to keep an eye on. We had news chinas will be allowing debt sales for the first time in five years. Food related stocks. Widened recalls. The provider and suppliers to mcdonalds. Check out china. It is representative of how the food sector is the doing. If it dropped 0. 8 . These are the movers. Nice performance today. Energy leading the way. The energy shares. The 8 share into able market. The fast food scandal. The worse is seemingly gets. Releasedes in shanghai an initial findings. David has been watching since the get go. Paraphrase, a total recall. Yeah. That is what they are annou
David, what do we have so far . From the ings shanghai fda did confirm the factory in shanghai did tamper with the production dates of some of the meat pies. E mean the pattys that go into the burghers. Chicken must have had a hand. Chicken was taken off the enu here in hong kong. We are seeing the postgame account, these are processing plants in china that have export license to export to other places. Now what they found as i mentioned is that they did tamper with the production dates. Almost 70 of the repackaged pies have been sold to the market. That s yet Parent Company runs this and nine other plants in china said full recall all products sold from this specific plant in china. We want to rebuild the trust of the customers and cooperate with the fortunatelies. We are compelled to withdraw all products manufactured from his specific facility. Give it back. Dont sell it. In hong kong they are in even more hot water. Yeah. It is a tricky p. R. Mess that they have gotten themselves i