And success on the cloud, unicorns, and more. The word quality. It is all straight ahead on bloomberg best. Hello, i am a bondman, welcome to bloomberg best. We begin with a significant decline in the price of oil, which is where we start our review in the weeks line. We start with oil, the big story, down the most in seven years. Oversupply will Carry Forward after opec abandoned to limit prices. David covers oil from our bureau in houston. Lets go back to that decision. It was a decision by consensus. It is every member of opec for himself. What is saudi arabia trying to do . Think that people they are going after shale. They are going after the competition in the market with the shale producers here in the u. S. The crazy thing about that is the shale can respond very quickly to price movement. What might be the affect is it what have an effect on areas around the world who are more where it is more expensive to drill oil. Offshore, everywhere around the world. Sequestern attempt to
It is time the corporations had to their core value system the word quality. It is all straight ahead on bloomberg best. Yvonne hello, i am a vyonne man, welcome to bloomberg best. The weekly look at the most important news, analysis, and interviews from Bloomberg Television around the world. We begin with a significant decline in the price of oil, which is where we start our review in the weeks headline. We start with oil, the big story, down the most in seven years. Investors are worried that oversupply will Carry Forward after opec abandoned to limit prices. David covers oil from our bureau in houston. Lets go back to that decision. So much as it was a decision by consensus. It is every member of opec for himself. Give us some sense of what saudi arabia is trying to do . A lot of people think that they are going after shale. They are going after the competition in the market with the shale producers here in the u. S. The crazy thing about that is the shale can respond very quickly t
Power play, edf boosting its power target this year thanks to stronger new output in france sending shares sharply higher. Lets get straight to the market action. Glencore shares trading higher after debt retux plans. The company outlined an ambitious net target between 18 and 19 billion next year. Along side this the mining and Trading Company plans to cut capex as it grapples with a continued commodity route. Share prices up 10 in london trade. Thats also helped boost the Mining Sector more generally and one has to say, susan, that glencore has handled this latest head wind its faced pretty well. If we rewind just a couple of months, wouldnt think it would have managed to reduce debt targets so significantly. Yeah, credit default swaps were pricing in a 50 chance of default from glencore. The stock is still down 70 , you know, at one point we were down 75 on the year but is this really good news . Because from what i understand yes were looking at 2 billion in Free Cash Flow but then
More on that. Good morning, brian. Good morning. Reporter part of the president s plan includes closing the socalled gun show lop high school loophole. And the topic is becoming a major focus to candidates vying for the white house. Democratic frontrunner Hillary Clinton is praising president obama for executive actions he intends to unveil this week that would strengthen background checks on gun purchases. If Congress Wont act, we have to do something about the fact 33,000 people a year die from guns. Reporter bernie sanders, who is trailing clinton in the polls, also backed the president s moves. On sunday, the vermont senator criticized republicans for failing to work with democrats on the issue. I would prefer that we could have bipartisan support but the truth is republicans are not interested in doing anything about gun safety. Reporter republican president ial contenders are already threatening to undo any of the president s actions. Donald trump led the charge during an appeara
President s plan includes closing the socalled gun show lop high school loophole. And the topic is becoming a major focus to candidates vying for the white house. Democratic frontrunner Hillary Clinton is praising president obama for executive actions he intends to unveil this week that would strengthen background checks on gun purchases. If Congress Wont act, we have to do something about the fact 33,000 people a year die from guns. Reporter bernie sanders, who is trailing clinton in the polls, also backed the president s moves. On sunday, the vermont senator criticized republicans for failing to work with democrats on the issue. I would prefer that we could have bipartisan support but the truth is republicans are not interested in doing anything about gun safety. Reporter republican president ial contenders are already threatening to undo any of the president s actions. Donald trump led the charge during an appearance on cbs face the nation. I dont like anything having amendment. We