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The s p 500 is on pace for its best year since 2013 so investors seem to be on the sidelines. Where we have a bigger move is the bloomberg commodity index. The longest such winning streak since 2005. Natural gas up nearly 7 on the day. Of 2016,since october the frigid weather here in the northeast one of the drivers plus tight inventories for natural gas. Copper also higher for a 16th day in a row. Behind that, Strong Demand out of china, this helping some of the related stocks. Some real strength here for the bloomberg commodity index. Where we are seeing less strength, bitcoin. A very volati...

Fighting the Islamic State has left most of northern and western iraq in ruins and notetakers ready to pay for the rebuilding efforts. Baghdad says at least 100 nationwide,eeded but local leaders and muscle say that is needed to repair their city alone. Iraq hopes saudi arabia, iran, and other gulf countries will step up. The u. S. Has told the rocket will not pay for a massive reconstruction drive. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am nabila ahmed. This is bloomberg. Julie live from bloombergs World Headquarters in new...

Im kayle Bloomberg Technologys next. Cory im cory johnson, in for emily chang. This is Bloomberg Technology. Softbanks ceo is about to add to his tech portfolio. Buer uber investors agreed to sell him a 20 stake in the right ailing giant ridehailing giant. We will look back at the year uber likely wants to forget, but we wont. Plus, more highlights of our interviews with leaders who helped Shape Technology over the past year. Son of softbank close on a deal to buy a large stake in uber. The sale implies a 48 billion valuation for uber, way down from the 69 billion valuation it achieved not lon...

Ride hailer to a group led by softbank. Implies a the deal valuation of 48 billion for uber and more than a billion will be invested. It makes softbank one of ubers largest shareholders and counts seats on the board. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Lets take a look now at the markets. Hong kong and china, currently closed for lunch but heres how the morningading in session. This is the picture in and mumbai. Okyo back in half an hour. Time now for the best of bloomberg markets, middle east. [music] im cory johnson in fo...

Lowered iphone x shipment projections for the next quarter. Sales have declined. The iphones high price and a lack of groundbreaking innovations. We talked to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. There was a fear if they got too close to samsungs highend smartphone. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products that have very similar features. Nobody quite yet has the Face Identification or the sensor that the iphone has. Some of these analyst...