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Point is down by almost 2. 5 . The ftse is down by 1. 5 . If you look at the price of oil, which was under quite a bit of pressure yesterday, you can see this morning its down another 22 cents, sitting below 36. Lets tell you about some of the big stories were watching today. Perhaps the biggest right now is this one. Shares of allergan are plunging after the treasury and irs announced new rules to curb tax inversion. The two companies releasing a statement saying, quote, we are conducting a review of the actions. Prior to completing the review, we wont speculate on any potential impact. We sh...

Nations ban kimoon has created a trust fund to combat the zika virus. Since 61 countries and january 2015, territories have reported local transmission of the virus, and some have seen an unprecedented rise in cases. The body of the u. S. Navy seal killed during combat in iraq is returning to the United States. The remains of Navy Petty Officer first class Charles Keating iv will be transferred to the san diego area. He is the third u. S. Service member to be killed in combat in iraq since forces returned there in 2014. Global news powered by our 2400 journalists. From the Bloomberg News room,...

Area. He is the third u. S. Servicemen were to be killed in iraq since forces returned there in 2014. Global news around the world from the Bloomberg News room, i am ramy inocencio. Bloomberg west is next. Emily ramy this is bloomberg west. Coming up, we tell you why the latest funding for the chinese Ride Hailing Service could mean bad news for uber. And, it is official, fireeye promotes a familiar face from within. The new with his ceo on a day when shares plunge 19 . And, does donald trump have any friends in Silicon Valley . We find out whether the gop frontrunner has built a wall between ...

Iraq requires a National General consensus devoid of outside inteinterferences. We hope the Iraqi Government will be able to meet the requisites of concord and reconciliation among the various iraqi people factions. Experience in iraq and yemen has proven that the existence of militias outside the framework of legitimacy poses a threat to the state by virtue of the definition of the state and its exclusive right in establishing armed forces. Ant is tantamount to a dormant civil war that would turn into a full blown civil war sooner or later. Any political solution in iraq syria or libya must e...

Consumers new to 10 billion creators our platform. The debate heats up as chinas growth cools down. How much of the worry about a hard landing . We have a colossal credit bubble in china you can look at topline gdp and conclude where china is going hard or soft. A sunny forecast and Bernie Sanders blast bankers. All straight ahead on bloomberg best. David hello, im david bureau. Welcome to bloomberg best. 2015 with the year of significant volatility in Global Markets and the 2016 trading year has begun the same. Our top story kicks off with a manic monday. A new year and a new roller coaster. ...