There is a lot of uncertainty. Uncertainty is the enemy. Shery does big pharma have a prescription for brexit side effects . It is all straight ahead on bloomberg best. Shery hello, and welcome. I am shery ahn. This is bloomberg best, your weekly review of the most important business reviews, analysis, and interviews from Bloomberg Television around the world. This week has been all about digesting last thursdays u. K. Vote to leave the European Union. On monday, the market moved in uncertainty, and nowhere else were things more uncertain than in britain, with the leadership was thrown into chaos. Nejra it is interesting what the next step will be, because logically the next step would be for the u. K. To trigger article 50 and actually start those negotiations on leaving the eu. Actually, other governments in europe are not expecting David Cameron to do that when he needs other eu leaders on a meeting on tuesday. What they will want is some kind of plan for what happens next. John the
Corporate tax rate. It is an effort to keep businesses investing. Osborne said he expects the results of the Eu Referendum and want to mitigate the Economic Impact of brexit. C and China Investment securities are in talks of a possible merger. The firms have around 20 billion of assets. Has declined to comment. There is no response from cis. Global news 24 hours a day, lets take a check in on the markets, starting with european stocks. We can see how they are performing. Of steam. St a bit i want to get the ftse 100 up. It is close to entering able market. It is up 19 from a february low. Commodity producers are the best performers on the stoxx 600. Heading lower. Italian banks in particular being driven down to record lows amid concerns they will be under pressure to raise capital. Take a look at what is happening in commodity markets. Forer topped 21 an ounce the first time in two years. Gold is rising. Seeing Brent Holding above 50 a barrel. Anding an eye on sterling dollar yen. See
Lacqua in london with tom keene in new york. Theave to talk about sadness of International Terrorism and then we look at the referendum and the fallout. Tom we will go to is been bill istanbul later and speak to an expert. If you did not know it was about brexit and the eu, you would think it is about someone arguing about the summerhouse. Francine we talked about metaphors with the divorce but there has been quite a bit of anger especially in london where 70 of the people voted to stay in. Emotions are changing and we saw an emotional David Cameron yesterday. Lets get to the bloomberg first word news. Blaming Islamic State for the suicide bombing at the airport and istanbul. Three bombers opened fire and blew themselves up after police started saw them. 40 people wounded killed, 200 wounded. Recent months, islamic and kurdish militants carried out bomb attacks in turkey. David cameron used his final European Union summit to express regret over the brexit vote, telling final desk telli
Absolute uncertainty. There is a lot of uncertainty. Uncertainty is the enemy. Shery does big pharma have prescription for brexit side effects . It is all straight ahead on bloomberg best. Shery hello, and welcome. I am shery ahn. This is bloomberg best, your weekly review of the most reviews, business analysis, and interviews from Bloomberg Television around the world. This week has been all about adjusting last thursdays u. K. Vote to leave the European Union. On monday, the market moved in uncertainty, and nowhere else were things more uncertain than in britain, with the leadership was thrown into chaos. Nejra it is interesting what the next step will be, because logically the next step would be for the u. K. To trigger article 50 and actually start those negotiations on leaving the eu. Actually, other governments in europe are not expecting David Cameron to do that when he needs other eu leaders on a meeting and tuesday. What they will want is some kind of plan for what happens nex
My words. Scarlet fu in london. We are thrilled to have scarlet fu. Reunited. To the music. A wonderful day to have the with us. So much to talk about about the United Kingdom. First word news, here is nejra cehic. Theresa may has promised to build a more just United Kingdom. That for brighton to feel their life has made insecure by globalization. Not by the interest of the privileged few, but by yours. We will do everything we can to give you more control over your lives. Ejra in one of her first actions, the architect of David Camerons austerity policy, she replaced him with Philip Hammond. She named her new break since our, david davis. Locked ter may mocked Boris Johnsons negotiating skills he has been named the foreign minister. He accused president obama of disliking the British Legacy because of his kenyan ancestry. The number of japanese living in japan phil are the most on record last year. At the same time, the number of foreigners rose. Unless japans birth rate increases, th