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Is a huge search and rescue operation off of some of the greek islands where we have lost atck of the egypt airplane 2 30 local time last night. Is very fluid. We are watching for the aggregation of headlines. We will have a map soon. I know we are going to cairo soon. It is a nation that has seen too many of these accidents. Francine lets get to the bloomberg first word news. Here is nejra cehic with more on egypt. Jetliner fromtian paris to cairo has disappeared over the mediterranean. Egypts Prime Minister says he cannot rule out the possibility of a terror attack. Flight eight 04 was lost on radar at 170 miles from the egyptian coast. It was an airbus 823. Andtian military aircraft ships are searching for debris. We will have more in a moment. Iran has launched a Charm Offensive for europes elite. Their meeting with their european counterparts. Theyre trying to break a d ....
Exactly to where we should be defaced the environment that we have, to face the regulations and forces that we have. Francine this is bloomberg surveillance. Francine lacqua at london, tom keene in new york. We have to look at banks and of course the political system in the u. K. Tom i agree, United Kingdom politics is front and center. We will have a little bit in the 6 00 new york our as mr. Sanders i believe is going to endorse secretary clinton today. Feel and youbetter really wonder if brexit is moving on to a new stage. Lets now get to the bloomberg first word news. Nejra theresa may now has just two days to build a team to rescue the u. K. From its worst political crisis in a generation. She is going to replace David Cameron by tomorrow night and will need to decide fast who will be in charge of negotiations to leave the eu and will lead to elect someone to steer the ec ....
Today we bring you our weekly show, brexit whats next, bringing all the news and conversations around the u. K. s vote to leave the eu. Today we speak to [indiscernible] we are live also at the first eu summit in four decades without the u. K. Francine, im here in bratislava. The meeting is commencing behind me. Tokel said they are critical show unity. We have tsipras saying we must stop sleepwalking in the wrong direction. We will bring you all the signs of whether they are singing on the same sheet. Is it more integration or less integration in a postbrexit world . Francine thank you so much. We will have prompting more from caroline throughout the program. Deutsche bank, this is the share price at the moment, down significantly. Opened 7 lower. First lets get to the bloomberg first word news with nejra cehic. Nejra donald trump has dropped a major taxcut for business organizers from his tax overhaul proposals. The change will make the nominees plan much less favorable for private eq ....
Unchanged. If we see deflation narrow pressures it puts more ressure on drogey. Tom sterling really shows what a remarkable august it was when you and i witnessed what happened on the morning of august 24th. Francine yes. And we stabilized. Tom oh the month of august francine yes. Even the Prime Minister takes whole month of august off. Heres francine rigs. A person entered a secure area of the airport before security checks were completed and that ordered some passengers in terminal one be rechecked. The airport called ate precautionary measure. Its expected te to result that over allegations are you receive used accounting tricks to hide he size of the definite. And typhoons triggered floods and killed at least nine people in a nursing home. Donald trump puts the spotlight on immigration today. The republican president ial candidate travels. He will also give a speech in oenix and he has described mexicanamericans as remainests ....
Job cuts at ing. The dutch lender plans to slash jobs, 13 of its workforce. Our low rates to blame . Pulling the brexit trigger. The pouncings as theresa may says she will invoke article 50 by the end of march next year. Caroline the pound trades lower on that news. U. K. Futures are in the green. Caution affecting european traders. Germany is closed. Everyone else is enjoying their holiday. Overall, the dax will be shot. Shut. Still some nervousness, some risk aversion out there, as we build up whether a deal will be struck by Deutsche Bank this week. Guy lots of pmi data out of europe this morning. 820 ofayed 20 attention. The british pound firmly in focus, dropping on the back of news we will get a trigger on article 50 before next month. We will hear from Philip Hammond hammond later on, chancellor of the exchequer. The bond market will probably respond to what happens wit ....