Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to berlin, dubai, new york, and washington. Our bloomberg forces are on the ground bloomberg voices are on the ground with todays top stories. Boeing and airbus will go dubaiohead at the annual airshow. We will be talking about may be the first next year, possibly even a bit longer. But in the end, i will repeat the question, the only entities which will sanction the flying of these aircraft are the regulators. It is not boeing. Alix for more, our correspondent joins us on the phone. Walk us through some of the big take away from the dubai airshow and some of the surprises. Reporter thank you. A maxlly, boeing secured , the biggest order after a drop. Version ofse, the the max has been [indiscernible] 8 secured the 737 max from a supplies only character in the uae. [indiscernible] airline, ofsister emirates airline, which makes it the second largest customer for the 737
The power goes out and we still have wifi to do our homework. And thats a good thing . Great in my book who are you . No power . No problem. Introducing stormready wifi. Now you can stay reliably connected through Power Outages with unlimited cellular data and up to 4 hours of battery backup to keep you online. Only from xfinity. Home of the xfinity 10g network. Our Special Report tonight are including moments of the second debate of the republican primary in the space bearing his name, surrounded by pieces of his legacy, including the 707 that was Air Force One at the time, good evening from new york. And good evening from the Reagan Library and see me valley, just outside los angeles. This, as the name suggests, dedicated to preserving the history of the 40th president s term in office. But it was the 45th president and current republican frontrunner who took center stage by his absence. The former president was in michigan tonight and Florida Governor ron desantis pointed that out.
Other areas. I sat down with eric schmidt in new york at the new York Economic Club for a wideranging conversation. Here is that dialogue. Let me begin with a couple of questions. When you went to google, they said to you, we need an adult in the room. [laughter] because it was a good day for you. Eric it was a good day for me. It is an honor to be here. Thank you very much for inviting me, and charlie, thank you for doing this as well. Larry and sergey decided they needed someone to sort of run things, and they had spent 16 months interviewing people, and they make them do things. To become ceo, you have to go skiing with them, or you have to go to burning man with them. And very few people met the test, apparently. But i was fortunate enough. I told them i would not spend the weekend with them, but we made a list of things to do. Charlie 10 years as ceo. What was the most wonderful thing . For you, for the company as you see it . Eric my world is full of beautiful ideas that are not
In medicine, biology, and many other areas. We were at the new York Economic Club for a wideranging conversation. Let me begin with a couple of questions. , theyou went to google said to you, we need an adult in the room. [laughter] because it was a good day for you. Eric it was a good day for me. It is an honor to be here. Thank you for inviting me. They had decided that they anded someone to run things have spent 16 months interviewing people and made them do things. Ceo, you had to go skiing with them or go to burning man with them. And very few people met the test, apparently. To them i wasnt going charlie 10 years as ceo. What was the most wonderful thing . My world is full of Brilliant Ideas that are not monetize a bowl in the sense that people have amazing ideas. In order to build a company of that success my google or r,cebook or cooper, or ube you need to have a significant change in the way the revenue will come in. We invented targeted advertising which is really much better
China is stepping up support for its economy by wrapping up spending and considering new measures for back lending. Beijing will make more money available to local governments and minimal amounts banks must set aside to cover bad loans may be reduced. Lets take a look at the market. Hong kong and china are closed for lunch. But they fell in the morning session. After two days of gains, the japanese stocks as well as singapore are all down. I will be back in half an hour. Emily this is bloomberg west. Last years Growth Stocks are this years biggest losers. A dramatic revaluation. Groupon shares get a huge boost on news that alibaba has taken a big stake. Major investors weeding out largecap technology out of their portfolios. The major revaluation of Technology Stocks underway in 2016. We will focus on three companies in particular, netflix amazon and activision blizzard. There was a time when the only thing they had in common was the description as Growth Stocks. Today the businesses b