Stay updated with breaking news from John chen. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
its power for good. we are not perfect. with so many people posting to facebook, we make mistakes. france s finance minister sees banks flocking to paris after brexit. we will win the race, of attractiveness. james bullard explains why he wants right to stay on hold. i think we have a ways to go on inflation. and we sort through earnings reports. the results are underpinned by strong strategy. we would like to move away from talking about just pricing, it is about volume. we obviously have the great brands to be able to reach consumers directly. it is a combination of brands, technology, and consumer trends. it is all straight ahead on bloomberg best . rishaad: hello, welcome. i am rishaad salamat, and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews on bloomberg television around the world. geopolitical tensions dominated the news this week, starting with a pointed exchange of diplomatic s ....
sees banks flocking to paris after brexit. we will win the race, of attractiveness. james bullard explains why he wants right to stay on hold. rates to stay on hold. i think we have a ways to go on inflation. and we sort through earnings reports. the results are underpinned by strong strategy. we would like to move away from talking about just pricing, it is about volume. we obviously have the great brands to be able to reach consumers directly. it is a combination of brands, technology, and consumer trends. it is all straight ahead on bloomberg best . rishaad: hello, welcome. i am rishaad salamat, and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews on bloomberg television around the world. geopolitical tensions dominated the news this week, starting with a pointed exchange of diplomatic signals on monday. china says that it is confident that the new u.n. sanctions on north korea will bring ....
that is ahead on bloomberg west. first to our lead, we are talking about alibaba. alibaba folding its company, 11 main into another company called open sky. this is their initial foray into u.s. e-commerce. so far it looks like it has not worked out. joining us right now is the ceo and cofounder as well as jeff richards, i know that you guys work closely with alibaba. jeff, i like to shop i have never used 11 maine. it was only around for one year did it just have zero traction? i don t think it has zero traction, but it never really took off and had no marketing muscle behind it. it was mostly set up as an experiment for them to learn and put together a team that could work with vendors inside the u.s. and overtime did not get a lot of attention. hence the fact that you never shopped on the site. emily: brian, how would you evaluate this? a failure? ryan: at the end of the day it is not a failure and obviously it is not a success. i would say that it is a learning ....
that is ahead on bloomberg west. first to our lead, we are talking about alibaba. alibaba folding its company, 11 main, into another company called open sky. this is their initial foray into u.s. e-commerce. so far it looks like it has not worked out. joining us right now is the ceo and cofounder as well as jeff richards, long time investors in china. i know that you guys work closely with alibaba. jeff, i like to shop, i have never used 11 maine. it was only around for one year, did it just have zero traction? i don t think it has zero traction, but it never really took off and had no marketing muscle behind it. it was mostly set up as an experiment for them to learn and put together a team that could work with vendors inside the u.s. and over time probably didn t get a lot of attention. hence the fact that you never shopped on the site. emily: brian, how would you evaluate this? a failure? an evolution in strategy? ryan: at the end of the day it is not a failure a ....
next hour on surveillance. let s get to our top headlines. vonnie: the prime minister of greece has until tomorrow to make it a done deal. eurozone leaders agreed that greece was finally getting serious about reforming its economy, and they want to see a breakthrough. tsipras offered a plan that addressed pensions and fiscal targets. german chancellor angela merkel cause the proposal a step forward. angela merkel: all participants of the discussions, including myself, said we would like greece to stay in the eurozone. what greece put forward his progress, but within our discussions we also notice that there is a lot of work that needs to be done, and we are running out of time and, therefore, we have to concentrate on this work. vonnie: if he convinces european leaders, tsipras faces a battle in athens. he will have to convince his government to support a deal that would breachhi his party s pledge. a republican government has done what was thought to be onuthi nkable ....