We have a lot of time left before the meeting. Parliament saying clearly we will not take kindly if you try to buy. One of the biggest tech deals ever. We will extend their reach into 175 countries. Recession may be coming, but investors should not fear the worst. It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best. The most important Business News from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. Deutsche bank a dramatic overhaul of its operations at a turnaround. A banking bombshell. Deutsche Bank Planning to cut 20 of its workforce. 18,000 people. Shutting down its equity sales and trading business. The losses are already starting. I suspect many of them will come in london and many will come in the United States as well. The focus is about refocusing this business back on the german side of what is happening to become a corporate bank, less of an investment bank. Is that enough . What is the reactio
A job new scientist has been given the green light to start experiments creating human animal embryos the goal is to grow more human organs for people who need transplants but what are the ethical ramifications and the former saudi chief Rupert Stadler is formally charged by german prosecutors for his alleged role in the diesel kate scandal. A lark thank you so much for your Company Everyone in a controversial move germany is tightening its laws on migration and asylum one aim is to make it easier to deport Asylum Seekers whose applications have not been successful well last year journey deported nearly 25000. 00 failed Asylum Seekers but more than 31. 00. 1000 additional plan d. For tissues didnt take place well the main reason often being that documents are missing or the people due to be deported have gone into hiding now with this new bill Asylum Seekers will be penalized if they refuse to cooperate and it will become easier to detain failed Asylum Seekers ahead of their deportatio
Need transplants but what are the ethical ramifications and a former audi chief Rupert Stadler is formally charged by german prosecutors for his alleged role in the diesel gate scandal. On mylar thank you so much for your Company Everyone germanys foreign minister has said his country will not join a proposed u. S. Led mission to protect shipping in the persian gulf well the u. S. Has asked allies to help protect vessels as they pass through the street over bruce because of heightened tensions with iran germany had already expressed skepticism about the proposal saying that priority should be given to diplomatic efforts to deescalate tensions foreign minister heikal mas had this to say while on a visit to. And. For. The German Government will not participate in the sea mission proposed and planned by the United States we are in close agreement with our French Partners in this regard we think the strategy of maximum pressure is wrong we do not want to military escalation we will continu
Exactly what President Trump wanted. And former audi chief Rupert Stadler is formally charged for his alleged role in the dieselgate scandal. And a scscientific breakthrough, or the stu o of nightmamares . A japanenese scientist has been given the greenen light to start experiments creating human animal embryos. Brent im brent goff. To our viewers on pbs in the United States and all around the world, welcome. Tonight germany is saying no. No to joining a proposed u. S. Led Naval Mission to protect shipping in the gulf. The u. S. Has asked allies to help protect vessels as they pass through that very important strait of hormuz because of tightened tensions with iran. Germany already expressed skepticism about the proposal, saying priorities should be given to diplomatic efforts to deescalate tensions. This is what the countrys foreign minister heiko maas said earlier today. The German Government will not participate in this sea mission proposed and planned i the United States. We are in
Lacqua in london. Lift to the stoxx 600, data from around whattivity jay powell is doing. Dollar weakening for third day. Crude oil 60. 60. Makesort saying surplus return despite opec cuts, whether that means they will come further is something we will watch for. As operators in the gulf of mexico are bracing for Tropical Storm barry, giving pressure on crude oil prices. U. S. 10 year yield at 2. 12. Coming up on bloomberg surveillance, the allstar lineup today. We will talk about deals in the banking outlook. We will speak with Philip Hammond. This afternoon, we sit down with the ford chief executive. Breaking news. Arkey says it has received Missile Defense system from russia. U. S. Threatened to punish turkey over the purchase. Washington says the system is designed to shoot down nato aircraft. Goldman sachs warning of u. S. Intervention in the fx market. It says president trumps about otherplaints currencies is highlighting u. S. Policy. Now the u. S. Could forcibly weaken the doll