Legislation. Matt and mickey under the microscope. Disneys 52 billion from fox. The president of the United States has already called to congratulate Rupert Murdoch. The fcc rolls back net moving themoves, power to broadband companies. Good morning and welcome to bloomberg daybreak europe from the city of london. We have breaking news from airbus. Airbus sees no further mandate beyond april of 2019 and the coo is going to step down in february of next year. In just three months time, big changes at the top of airbus. We will continue to cover this story for you throughout the day. Once again, tom enders is going to step down after his mandate ends in april of 2019 and Fabrice Bregier will leave at the beginning of next year. A lot going on on this friday and you are going to want to watch treasuries as the tax reform debate continues. Manus told you, once a larger child tax credit. Donald trump says he is sure rubio will vote for the legislation. Treasury yields up by one basis point.
Welcome to what will be a pretty intense show as we gear up toward that inauguration in about nine days from now. We have a new report from the World Economic forum on global risk. They talk about unemployment as one of the big risks. Inequality and increasing polarization. What they mean is the polarization of politics within various countries. Weve seen it with brexit, with trump, but also polarization in terms of various countries around the world. They talk about environmental risk. Not also talk about Society Keeping pace with technological change. We will speak to the chief author of the report a little as wen in surveillance also geared towards davos, which starts next tuesday. First things first. We will check in on the markets. This is european equities. I would suggest that most of the moves and the most important moves are going on elsewhere. It is currencies, but also the emerging markets. This is a picture we are seeing for the turkish lira, hitting a dataow ahead of the l
Francine welcome to the pulse. Live from bloombergs european headquarters. I am francine lacqua. We need to look at the markets. Equities in europe are rising. Theresa mays appointment seems to be reducing Political Uncertainty could we have encouraging news from japan, as shinzo abe promises policy changes to revise the economy. Read into that, more stimulus. Yen, 103. Lets get to the bloomberg first word news with nejra cehic. Nejra. The International Monetary urging china to deal with its corporate debt. The issue is manageable is if the country moves quickly. Executiveank of japan director says the boj will need to reduce the pace of its as it approaches the limit of the bond market. The sequel the central bank is aware of it. Still governor harry Vito Corleone says he will expand stimulus if needed to reach his target. Tion the ubs workforce is the right size after thousands of job thousands of job cuts in recent years so says the division president. He spoke exclusively to bloomb
Understand possible terror threat. We are looking at the investigation. Tom there are a lot of uncertainty headlines. We are seeing some movement. The backdrop is oil. Francine lets get to the first word news. Vonnie thanks and good morning. Saying, a deadly explosion rocked an area popular with tourists. And are killed and 15 were wounded. Turkish television says it was likely caused by a suicide bomber. Turkey has been cracking down on groups like Islamic State and kurds seeking independence. Protectionromising to expel refugees who commit crimes. Two thirds of those arrested in the attacks are described as asylum seekers. German skin one million refugees last year. China stepping up its defense. The central bank repeatedly intervened in the offshore markets. To count on ag rapid depreciation of currency. Donald trumps lead is growing in new hampshire. Winsding to a new poll, he 32 of likely voters in the book and primary. Ted cruz and john kasich are tied with second. Is engaged to
Francine lacqua is off today. She will be back in the new year. Lithuaniahave we got, preparing to join the euro. We are going to speak to the lithuanian finance minister. Is his country ready for the move . We are going to find out. Over theing to talk next few minutes about the a350. What is the a350 . Compositee new have aluminum aircraft from airbus. With designed to compete the 787. It is super efficient compared with its predecessors. Qatar airways is the launch customer. I was talking to Fabrice Bregier about this airplane. He has high hopes for it. This aircraft is sold out. Despite the fact that oil prices are lower, airlines still very much want this airplane. It makes a big difference. Oil prices are down but if you can still fly the most efficient airplane, you can offer the cheapest tickets. In a few minutes, we are going to speak to the boss of Qatar Airways. Looking forward to that conversation. Let me update you on the markets. It is monday morning in the week before ch