francine: welcome to bloomberg: surveillance. these are your markets. a lot of focus is on the corporate news and a lot of the focus on the data we have from the u.s.. european stocks are pretty much unchanged. technology stocks are better than expected. but some of them are still disappointed. if you look at it, a lot of it is stock by stock. euro-dollar at 1.1134. and then you can see the pound at 1.2428 after jean-claude said no. coming up, right here, we hear from the renault chief executive. that interview in around 15 minutes from now, plus, we speak to the u.s. secretary of state, and later on, to the starbucks chief executive. all of that coming up and much more. let s get straight to first word news in london. governments need to pitch in with fiscal measures if conditions in europe keep deteriorating. that is according to mario draghi. he signals more monetary support in september but s comments suggest the central bank is getting close to the limits of its power.
story making front pages as well, it says governor bank of england is being accused of a reviving project theatre, with his warnings about a nokia brexit. natural cover is it that a mother has been found guilty of murdering her two young children 18 days apart. finally, that guardian leaving the claims in a firm run by borisjohnson allies had secretly built a facebook disinformation network. that was a quick taste at the front pages. they re going to start off with the huffington post. by election taking place right now, polls are closed and so, a big test for boris johnson. and so, a big test for boris johnson. obviously we ve seen stories covered by the paper is because of the website we try to throw it forward to look at what people talk about tomorrow and it s going to be really interesting to see the outcome of the election. it s a bit of a foregone conclusion we are almost sure live bands will ta ke we are almost sure live bands will take it. yeah, the jane doss. which
financial markets spooked by downing street s economic plan. us vice president kamala harris is set to travel to south korea as she continues her asian tour. she s expected to visit the demilitarised zone hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are the writer and broadcaster mihir bose and the sun s political and environment correspondent natasha clark. welcome back. same stories still dominating come of that for us us to look a0 minutes ago, different papers this time, though. squeaky fun time is the main headline mayor you can see and the sun, which reports that britain s pension funds nearly saved from having to sell many of their assets by the bank of england s intervention. xpress it was a day of turmoil on the markets again, quoting ministers who say the tax cut budget was still the right plan. the eft focuses on the bank of england £65 billion plan to buy government debt and has a chart showing how that move b
welcome to countdown. a very good morning. two deals have fallen through. what is going on? reneges ont murdoch a 25 billion dollar offer for time warner when everybody thought it was not going to go anywhere,, does it matter? this has me puzzled for little bit. of course it matters. not everyone recognized the capitulation. if you look at the share price, investors thought he would still go for it. secondly, he has thrown a bone back to foxx investors. it is something they have not they were not anticipating. it is a bit rushed. we have both time warner and fox reporting this morning. you can imagine trying to defend. i think it is fascinating they decide to pull out of this deal so quickly. maybe they misjudged the timing. the buyback, what does it mean for shareholders? here we go. share price reaction was dramatic. 6%.shares rose about i love market psychology. time warner shares were just above $85. that was the bid price. though shares fell 14%, down to $73. so mu
good morning. you are watching the pulse. i am guy johnson. bloomberg s european headquarters, the scene today. boris johnson s major speech. we will be taking it live. he will say the u.k. should leave the eu if david cameron fails to achieve significant reforms. then he is coming upstairs and we will have the opportunity to interview him. what do we know? we have been putting it all together. the best option, according to jared lyons, he used to be a london,n the city of the best option for britain is tuesday in a reformed eu. many people are saying this is boris johnson s grandstanding before he runs for election. i am probably the chap that can get you a reformation more so that my buddy david cameron. lyons ran this report. what would it mean for the united kingdom? millions of jobs created inside london. is this a london report or a u.k. report? released ahnson has number of strategic reports. this report goes on a broader context. if you get reform, you ll get mill