he killed himself. 27—year—old hernandez was convicted for murdering another football player, odin lloyd, in 2013. now to greece — there are around 60,000 refugees and migrants currently trapped in the country. and many have been there for months on end. instead of quickly passing through the country as they did some years ago, many of them bound for serbia and the eu beyond, they have been stranded in the camps. and among those most severely impacted are the children. some have been attending their first day of school in greece — it's supposed to be an exciting time for a child — but for some the day was ruined by greek demonstrators who were chanting nationalist slogans. and what is this? s it is a hard thing when you don't know the language. at first we had someone to translate. but now is the time passes by, things are better, and the children learn more words in greek, so it is easierfor us. it means a lot for the children to come here to greek school. they are very happy and they finally have routine in their lives. very, very good. the greek children are very happy with the

the 27-year-old is serving a life sentence in the killing of oden lloyd. the verdict has been reached and we're awaiting to see what the jury decided we'll bring that to you as soon as it's announced. all right. you have a few extra days to file your tax returns. the deadline is finally 15th, but that falls on a saturday. but monday a legal holiday in emancipation day when over 3,000 slaves in washington were freed. so by law, the filing deadline is extended to thursday. so far, the irs has processed 100 million individual returns add $22 billion in refound. i'm dana perino. here's jon scott for shep. >> if american forces get reckless, kim jong-un's military is ready to strike first and they're ready for full scale war. satellite images show they're preparing for another test on the eve of a major holiday. we'll take you the streets of the capitol. welcome to the pyongyang metro or subway. like most things in this country, it's duel use. not only transportation for the masses, but so deeply, so strongly, officials say it could act as a bomb shoulder in th

the drive-by shooting of two men in 2012 and appealing his 2015 murder conviction for the killing of lloyd, the murder conviction that had placed him in prison when he was serving the life sentence. >> shannon: thank you very much, molly. >> bill: what do you make of this? >> shannon: you had brought up the fact he had seen his daughter and a lot of people say he was sort of hopeful about seeing her. but maybe there was despair over the fact he wouldn't be with her growing up. >> bill: it is a tragedy all the way around when you think about the opportunity he had in the nfl and so many opportunities in life and to throw it away like that. that's tough to watch. >> shannon: no good end. >> bill: the search on for a traitor inside the cia. the feds hunting a manhunt for a mole. latest on that. rex tillerson slamming the nuclear deal with iran comparing it to years of talks with pyongyang that only produced a nuclear north korea. we're live at the state department on that next. >> shannon: this is a fox news alert. the c.i.a. and f.b.i. launching a manhunt for a traitor inside the spy agency.

. >> reporter: hernandez was found guilty and sentenced to life for lloyd's death. just last week, he was cleared in the 2012 double murder of the men outside the boston nightclub. his little girl looked on in court. hernandez wasn't going home. instead, aaron hernandez was returned to his eight by ten cell at state prison where he was expected to live for many years to come. randi kaye, cnn, new york. >>> the end of the bill o'reilly era at fox news. it's ending with multiple sexual harassment accusations. the latest on all of it. a new look at the new cnn series premiering tomorrow night. >>> music is an explosive expression. >> every movement has to have a song. >> i can hear you. the rest of the world hears you. >> the music will always remind us it's possible. >> one small step for man. >> that is what anthems are made of. >> it's about standing up for your rights. we were killing our own children. >> what the hell are we going to do that for? >> it was a cultural political statement. >> music is a vehicle for revolution. >> that courage changed how i viewed hu

he was serving a life sentence for the 2013 shooting death of odin lloyd. jean casares is here and has been following the case from the very, very beginning. jean, what more are we learning. >> we are getting a statement in from jose baez who was one of the defense attorneys on the case that he was just acquitted of double murder of last friday and the statement is saying that the family has hired jose bahhes to look at the circumstances surrounding his death and the statement goes on to say that the family and legal team is shocked by the death of aaron hernandez. there was no conversation or correspondence from aaron or his family and they spoke to him in the last few days that would have indicated anything like this was possible. aaron was looking forward to an opportunity for a second chance for his innocence and that, of course, is in the conviction and the murder of odin lloyd. we request that a thorough investigation can be done, but it was at 3:05 this morning when prison officials found aaron hernandez unresponsive in the cell according to what we

but angus lloyd replied straightaway for munster. 10—10 at half—time. both sides then scored one try each before dave o'callaghan gave munster a narrow lead, it finished 22—22 confirmed their play—off place, although ulster will also feature. judgment day for the welsh sides in the pro 12 today, all four teams in action in back—to—back matches in cardiff. first cardiff blues beat the ospreys for the first time in seven yea rs, the ospreys for the first time in seven years, gareth anscombe scored their fifth and final try and kicked ten points with the boot as they won 35-17. ten points with the boot as they won 35—17. blues move up to seventh in the table, ospreys are hanging on in the table, ospreys are hanging on in the top four. that's all for now, much more in sports day at 6:30pm. keep up—to—date on the bbc website which has details of the world snooker championships. ronnie o'sullivan is in action at the moment. see you later. thank you. more now on our top story. north korea has unveiled what appear to be new missiles at its annual

the bbc understands lloyds banking group has decided to set up a european base in germany after the uk leaves the eu. lloyds has decided to convert its berlin branch into a european hub, in orderto maintain a presence inside the eu, sources told the bbc. lloyds is the only major british lender that does not currently have a subsidiary in another eu nation. the bank already has a branch in berlin and employs 300 people in the city. the tombs of five former archbishops of canterbury have been unearthed by builders undertaking refurbishment work near lambeth palace in london. undiscovered for centuries, the coffins were found in a hidden crypt. lambeth palace has been the london residence of archbishops of canterbury since the 13th century. but a chance discovery during recent renovation work next door yielded a startling discovery. some of them are still there. a very interesting day. we were exposing the ground as part of the job, and we were lifting the slabs in this area, and we uncovered an entry to what looked like a tomb, and we got a camera on the end of a stick and discovered num

the bbc understands lloyds banking group has decided to set up a european base in germany after the uk leaves the eu. lloyds has decided to convert its berlin branch into a european hub in orderto maintain a presence inside the eu, sources told the bbc. lloyds is the only major british lender that does not currently have a subsidiary in another eu nation. the bank already has a branch in berlin and employs 300 people in the city. police in west yorkshire are issuing a warning to drug users following two deaths in the area on saturday. it follows the deaths of three men and a woman at separate addresses in barnsley on good friday which are believed to be linked to heroin. south yorkshire police said it was not officially linking them at present, but warned drug users to be careful. dave edwards reports from leeds district police headquarters at elland road. police were called to compton view in leeds yesterday morning, where they found the body of a 36—year—old man. four people have been arrested in connection with his death. then yesterday afternoon, paramedics were called to park

lloyds is the only major british lender that does not currently have a subsidiary in another eu nation. the bank already has a branch in berlin and employs 300 people in the city. testing children in primary schools has been on the agenda at the national union of teachers' annual conference in cardiff today. there was a heated debate among delegates, in which teachers criticised the way younger pupils are tested. delegates at the nut conference will vote tomorrow on whether to boycott the tests. the government has announced it is doubling its funding to fight neglected tropical diseases. £360 million will be given over the next four years to combat illnesses including river blindness, trachoma and guinea—worm. the department for international development said the money would protect more than £200 million. the convoy of coaches in a prearranged exchange between the syrian government and a number of rebel groups was targeted with a car bomb. it happened on the outskirts of aleppo. they were heading for what they thought was safety, thousands of civilians from government—held villa

this is breakfast, with rogerjohnson and sian lloyd. prince harry reveals he turned to therapy to help him deal with the death of his mother, princess diana. in a newspaper interview, he describes how he went for counselling after coming close to a complete breakdown. there is actually a lot of stuff here that i need to deal with. it was 20 years of not thinking about it and then two years ofjust total chaos. good morning. it's monday the 17th of april. also this morning: the turkish president narrowly wins a controversial referendum on plans allowing him to greatly increase his powers. police in the us search for a man who shot dead his victim at random

lloyds says the move reflects our changing banking habits with many more of us moving online. let's return to one of our top stories. shares in imagination technologies are back on track for the biggest one—day loss on record. the dramatic fall comes after its biggest customer, apple, said they would stop using the graphic chips technology from the company in a couple of years. the country says apple. couple of years. the country says apple, which accounts for half its revenue, has been developing its own chip design. it says abbott might have violated their intellectual property rights to achieve this adequate evidence to the contrary has been requested but not provided. so, shares plunging by around 70% at one point. i'll have apple investors been reacting to this. apple is coming offa been reacting to this. apple is coming off a strong quarter which ended on friday. if you look at the last three months of the year, apple is up 24%. this comes right after the election of president donald trump. technology shares have taken a hit them, but we are seeing that has gone and pe

lloyds says the move reflects our changing banking habits with many more of us moving online. british company finance chiefs are their most optimistic in 18 months with spirits raised due to the better than expected performance of the economy in the second half of last year. some 31% of cfos surveyed last month said they were more optimistic about the prospects for their company than three months earlier, up from 27% in december and just 3% immediately after the brexit vote in june. but the survey also shows that their appetite for risk still hasn't recovered to the levels seen before the run up to the referendum. margaret doyle is from deloitte's financial services insight team. so you carried out the research and although it does show that cfos and financial chiefs are upbeat, only a third are more optimistic, do you think this all hinges on the brexit negotiations and the outcome? well, clearly, brexit is very, very important. it still tops our list of eight key risks that we polled cfos about. brexit is a risk. it has lessened as a risk since the aftermath of the referendu

lloyds bank has named 100 branches which are due to close as part of their restructuring plan. they include 22 branches of halifax and 24 branches bank of scotland. 200 jobs will go according to the union unite. well, let's go back to our top story — those record new car sales. more new cars were registered in march than injanuary and february combined. and sales of diesel vehicles continued to rise, despite controversy over the pollution they produce. joining me from our central london studio is tamzin isaacson from the smmt, who compiled those figures. so, tamsin, thank you forjoining us. so, tamsin, thank you forjoining us. talk us through those tax changes that inspired to many people to go and buy a new car? you are right, there is a new tax rate that came in from april this year. it has changed the rates that many people pay for road tax. really what we have seen is many new car buyers bringing forward their purchases in 2017 and taking advantage of lower rates in march, that is why we have got a bumper month in march, the best on record ever, helping to achieve the bes

lloyds bank has named 100 branches which are due to close as part of their restructuring plan. they include 22 branches of halifax and 2a branches of bank of scotland. 200 jobs will go according to the union unite. well, he promised to shake things up, and donald trump is continuing to do just that. this time he‘s turned his attention to the banking sector. he‘s promising big reforms to regulations that were introduced after the financial crisis. let‘s speak to samira hussain whojoins us from the new york stock exchange. how important are these regulations? it depends who you ask. if you look at the people who are within the sector these will say that these begging regulations are too onerous and prevents the banks from being able to conduct a lot of business. if you ask those people who want to protect the banking industry they will say this is really important. remember these banking regulations we re remember these banking regulations were put in place by the barack obama administration after the banking crisis to try to protect banks from becoming too big to fail. why

lloyds bank has named 100 branches which are due to close as part of their restructuring plan. they include 22 branches of halifax and 2a branches of bank of scotland. 200 jobs will go according to the union unite. we are being encouraged to make our lives as green as possible and business leaders are calling on the government to do more to make our industrial strategy greener as well. the green alliance pressure group has just released, what's essentially a rallying cry from corporate britain, demanding a real drive to turn the country into a low carbon economy. let's speak to angela francis, who is a senior economist with the green alliance, a charity and think tank focused on getting us, and government, to think about environmental issues. what practical steps are you calling for? it is more than warm words. we are trying to say to government business leaders, unions, people involved in industrial policy recognise that green growth is a pa rt recognise that green growth is a part of delivering productivity. we are seeing you cannot do that unless you embrace the opportunitie

we can speak now to steve lloyd. keith palmer's name is being added to the roll of honour, along with that of another police officer. talk us that of another police officer. talk us through the significant. the significance of the name of the officers being added to the national police roll of honour and book of remembrance is that we know that this will give some small comfort to the families in the future, knowing that their names are going to be remembered in perpetuity here at the national police memorial. those games were added a few moments ago. what ceremony took place? we had a contingent of uniformed police officers who were here at the memorial, they formed a guard of honour. members of the public came and watched. we are in the centre of london, at horse guards. the chairman of the police roll of honour trust, himself the father of a murdered police officer, was fear. he put the two new pages into the book, and the book now is on public display, and will be forever more. the focus today is very much on kei

lloyds says the move reflect our changing banking habits with many more of us moving online. millions of people across the uk are stuck in a cycle of debt, and credit cards firms must now do more to help. that's what the financial conduct authority — or the fca — has said this morning. it's published proposals that say firms need to work more closely with customers in debt, drawing up faster repayment plans. and it could, in the most extreme of cases, see credit card companies having to cancel any interest or charges altogether. joining me now is peter tutton, head of policy at step change debt charity. what does this actually mean, to be an persistent debt? that is when the credit card borrowing goes on for yea rs credit card borrowing goes on for years and years, credit cards are supposed to be short—term products, that you could use for some months, but what the fca has found, it can be ten years, even more. this is the essence of that, people stop in long—term oral and, on products not meant for that. it becomes expensive. i mentioned the most extreme proposal, ra

roger close another 100 branches with the loss of more than 200 jobs. —— lloyds will close. north korea has fired a medium—range ballistic missile, which landed in the sea ofjapan. the launch, close to the port of sinpo, comes on the eve of a visit by china's president, xijinping, to the united states to meet president trump. the two will discuss, among other things, how to curb north korea's nuclear weapons programme. mr trump said recently that if beijing didn't help, the us would do it alone. our correspondent steve evans is in the south korean capital seoul. he gave us the latest. this launch was a relatively unspectacular. the distance were shot, only about 60 kilometres or a0 miles. last month for instance, north korea let loose for missiles simultaneously. what is significant about the launch was the timing. president trump and the president of china and about to meet in florida with north korea right at the top of the agenda. president trump wants china to rein in north korea. if it doesn't, america will do it alone, thatis doesn't, america will do it alone, that i

lloyds has already set aside at least £250 million to cover other costs arising from the case. the governor of the bank of england has warned the global financial system is at a "fork in the road" going into the brexit talks. mark carney was giving a major speech on the impact of brexit on the city of london. he said the negotiations would influence how banks are regulated — adding that the uk and european union were "ideally positioned" to strike a trade deal on financial regulation. he warned that continuing to cooperate was vital and turning inwards could mean fewerjobs, lower growth and higher domestic risks. average house prices were 3.8% higher in march than they were 12 months earlier, according to halifax. the country's biggest lender says that rate of growth is a significant slowdown — the slowest rate of increase for almost four years. house prices are rising at less than half the rate seen a year ago. last week, the nationwide said that house prices had actually fallen in the last month. activity in the uk's industry and construction sectors fell in february, acc

we will hear from rob lloyd. and a reminder that all episodes of bloomberg technology are live streaming on twitter. check us out at @bloombergtechtv. this is bloomberg. ♪ caroline: welcome back to the "best of bloomberg technology." hyperloop one was in washington hoping to win support from policymakers. this is one of two companies trying to create the future trends of system. the company revealed routes across 35 cities, joining 24 proposals around the world. the ceo spoke to us about his company's plans in the u.s. >> this is american-made technology. our reputation innovating has been world leading, but inground transportation and high-speed rail, there is no real american technology. it is an la-based company that has grown from a garage to 260 employees in less than 27 months. we are demonstrating we can build something new, something different, by bringing the greatest minds together. we can do this in the united states if we collaborate and get support from regulators so we can dovetail with existing t

caroline: hyperloop one ceo rob lloyd. we had a chance to catch up with the company's executive chairman and ask about how this project is being funded. >> we've raised $160 million in funding in our 2.5 year history of founding, so as we talk about this ability to do loa moon shots, it is pretty spectacular. investors, present and future, who will be part of what we are building, so it is flowing quite well. we will have more to say in the near future. caroline: such exciting projects like these are not often without controversy. one has been between you and the original ctl. how hao. o. are 250 people, incredible talent, building this, everything is looking really great. any slowdownbeen in our progress to make the hyperloop a reality. caroline: coming up, future restrictions could drive tech talent to india. we will look at how it could benefit from u.s. visa reform. the return of mcafee, reemerging as a standalone company after being scooped up by intel. we will speak about the private equity landscape. that is next. t

caroline: hyperloop one ceo rob lloyd. we also had a chance to catch up with the company's executive chairman and asked about how this project is being funded. shervin: we've raised $160 million in funding in our 2.5-year history of founding, so it has been, we talk about this ability to do moon shots, build something from an idea to now in the deserts of nevada of reality is pretty spectacular. and we have got great investors, present and future, who will be part of what we are building, so it is going quite well. we will have more to say in the near future. caroline: such exciting projects as these sometimes are not without controversy. and one of those controversies has been the lawsuit between you and the original cofounder, you and the original cto. how does that affect money? shervin: we are going from strength to strength. we are 250 people, incredible talent. we are building this. we are -- everything is looking really great. there hasn't, there hasn't been any slowdown in our progress to make the hyperloop a reali

he rapidly concluded the right solution for lloyd's was to form a subsidiary of the lloyds market onshore eu. london will remain the financial center for lloyds. but obviously, if you look at other parts of the financial services sector they have , slightly different criteria at work. i think you will see some transfer. but i still think that london will remain a very powerful financial center. jon: theresa may will have a year to work on the sweeping trade deal she wants. >> the e.u. came out, playing hardball with the u.k., saying we will not negotiate a free trade agreement with you want to you come to an agreement on some of these issues. having said that, there were glimmers of an overture. if you look at the language that donald trump used it talks about , we will talk to you about your free-trade agreement if we see submission progress on these key issues like the bill. he did not actually say everything needs to be wrapped up, signed, sealed and delivered before free trade. >> we heard that will be any -- there will not be any bilateral talks, which is not much of a surprise. but

it will certainly remain the major financial sector for lloyd 's. obviously if you look at other parts of the financial sector, they have slightly different criteria at work. you will see some transfer. london will remain a powerful financial center. >> the eu signaled theresa may will have just one year to work on the trade deal. expected came out as playing hardball with the u.k., saying they would not renegotiate a free trade agreement until you come to an agreement on these issues. that thet is this bill u.k. owes the eu. having said that, there were glimmers of an overture. if you look at the language that donald tusk used, he basically said, we will talk to you about your free-trade agreement if we can see sufficient progress on these key issues like the bill. everything does not have to be signed sealed and delivered before moving to free trade. >> there won't be bilateral talks with specific nations. there can't be talks with specific sectors. they came back to the issue of no cherry picking if you are not in the single market. >> these are

the famous impact in 1994 when lloyd bentsen said, "i want a weaker yen" and bill clinton said our biggest problem was they supported the young couple of years later because the dollar got so strong. and then they just called a strong dollar and stayed out of that. it is unusual he would do that. david: it is unusual. is it unexpected in this sense? he is a real estate developer. they tend to like low interest rates and the low dollar that comes with it. is this a big shock? >> it is not a big shock. he campaigned the opposite way throughout 2016 and now he is becoming more realistic. the gary cohn wing in the white house is its planning some of the facts of life to him. david: but is it a coincidence that in the same interview he said, i would really like a weaker dollar and i would be willing to keep janet yellen around. is this sending a message over the fed? once you go in that direction -- >> you can't possibly into it what donald trump is thinking but he can't really do better for his policies than janet yellen. most of the people that the house republicans and republicans in general

david: we now bring in lloyd stewart would. is a politics and government helow at the university -- is a politics and government fellow at the university of oxford. is this a dark day for your labour party? she would not be calling for the election if the labour party was in bad shape. >> i think she thinks that all opposition parties are having problems. she faces a string -- strange position where she faces a lead polling, yet she cannot really get legislation through apollo -- through parliament as she needs to alongside the brexit challenge she faces. she is in a strange position of all the political signals think she could -- she should call the election, so it is no surprise that she has done this. alix: we are all in agreement in terms of what this ends up meeting. the market reaction is that the sterling is up 126 over the moving average. how much is priced into sterling now? where do you stand? >> even if she gets a larger majority, the issue is that the whole process of brexit will be very long and torturous. we do no

>> look, obviously i have a new book called, why wall street people like jamie dimon and lloyd blankfein are explainng the time to to people what wall street does right and wrong. i would wish it jamie dimon would take the time to remind people what wall street does right, and show some leadership and try to begin to fix the things that wall street is wrong. because interesting, his last letter, he mentioned the risk of grexit. we learned also last week that they are in talks of looking for a dublin office, 1000 employees. should brexit's to be a concern for j.p. morgan now? >> it is something to think about. i don't see it as a big concern. finances of global business. do businessant to with j.p. morgan chase will be able to do business whether they are based in london and dublin, or somewhere else on the continent, asia, new york. the world of finance is global. companies come to wall street it is such an incredibly successful business. they will find wall street and jamie dimon wherever he is coming so brexit or no brexit, yes, something to think about. i'm sure they have a lot of peo

to lloyds and we have a lot of that is toxperts and invest in lloyds. >> that was the lloyds ceo. there is more. china has planned for an economic zone and we will assess the implications. daybreak.s quick check of the headlines here. the financial fallout is worsening at fox news. five automakers and three drug companies have pulled advertisements from the o'reilly factor. months and months of negative headlines against -- r ailes and possible test of the trump tehran.owards boeing says that this job would sustain 18,000 jobs and some lawmakers have voiced concerns. boeing has a deal that is being finalized. >> securing rights to thursday night games. more than last year. the games will be broadcasted by , but theorks short-term is leading up to 2021, when the deals begin to expire. you cannot the in a better seat days -- roger goodell these days. everybody wants live sports. >> everybody is watching it on their phones and computers. >> absolutely. in china, a different type of football is played. china set up a new economic zone boost economic growth toward services and developi

next up we have lloyd's, astrazeneca, we will break down those numbers for you. deutsche bank has delivered bbva.nordea and what can total deliver, what is the breakeven for the energy producer? we will break down the numbers, right here on daybreak. ♪ >> the u.s. president will not terminate nafta, but pledges to renegotiate the deal with mexico and canada. this is the white house delivers its tax plan. inflation day -- forecast, now investors look to the ecb which is expected to maintain rates later today. >> after a strong earnings season, we bring you european results come as deutsche bank's return to growth stall, we get the numbers. ♪ >> welcome to bloomberg daybreak: europe. right here in the city of london . >> it is a 7:00 here, 8:00 in france. here foret of numbers back with him to tell his first quarter adjusted net -- net come -- income, $2.56 billion. 56% on large. -- market $.62 a share. upper and cause more costly. mercymething we heard the of this morning, deutsche bank, more jobs to go. operating costs will be cut by $3.5 billion. versus 2014

we have a little on lloyd's. rights are a continuing story and the u.k. government is getting out. and wecovering assets speaking to trump and there is a great deal of indexwith the u.s. dollar heard was the we president talking about not having a huge risk to raise rates. reason was the voice of versus the comments from earlier in the week. raise thegers positions to the highest level in almost a decade. momentum and you managers andt reducing the choice. and the doing nicely japanese market gets a bit of a boost. employment is at a 23 year low. will that be passed on to workers in japan? that is a big question. we have been following this do you have a quick word on the brexit bank? options ong all the the table and they say that this defending and all of the options are on the table. >> there has been some press speculation and they had to review.o a strategic they announced a strategic review of our food business. markets andan japanese markets. >> they are closed. >> they both closed positively they are up by just a fraction. >> you have the bond market in stoxx are a the litt

the ceo of lloyd's of london has -- weloomberg how global were told about the growing area of the market. >> we've seen an increase in demand for all types of political risk insurance, particularly if businesses are doing trade with businesses and other countries. they want to protect the fact that they might not get paid if the government puts on a ban of transferring money out of the country and things like that. we are seeing a great demand for that. and with the uncertainty around the world, we're seeing a demand for that. >> that is your bloomberg business flash. much,thank you very deborah. let's turn back to the french elections and head out to paris where caroline joins us. she's joined by the chairman of gravitation. , ithese debates last night was a historical debate. 11 candidates. franÇois fillon managed to come back. i'm joined by an entrepreneur and security advisor. what is your take on his performance last night? that he is ashowed statement -- statesman with strong experience. he said francis seeing difficulties that need profound change and that he is the only one able

. -- lloyds boosting its target for lending margins does -- this year despite record lows after the country voted to leave the european union. that is the latest bloomberg business flash. vonnie: time for a bloomberg quick take. the u.s. federal debt limit was first conceived almost a century ago to make it easier for the government to borrow money. it has morphed into an explosive political tool with the potential to roil financial markets. competitors thought to use the debt limit against barack obama. now they are debating whether to .aise the debt ceiling the treasury department will still be able to keep paying the nation's bills for a while. first by shifting funds around and then by what's called extraordinary measures like deferring payments to retirees. the congressional budget office estimates those efforts could keep the government running through the fall but failure to raise the debt ceiling could eventually result in a first ever default on some of the u.s. government's obligations. the federal debt limit was to make it1917 easier to finance world war i by grouping bonds into

ahead, what does the ceo of lloyd's of london told bloomberg about brexit? this is bloomberg. ♪ inga: preparations for brexit -- nejra: frexit -- preparations or brexit --inga beale talks in fact. inga: we have $40 billion of revenue, a major part of the financial center in london because a lot of that business comes directly into london. for us, brexit is impacting not only 5% of that. that is why we are setting up the -- that is only for 5% of our business. the rest will remain the same. she says the uncertainty in politics have benefited lloyd's of london with more people looking for insurance. look at where european markets are trading as we head to the close, raising earlier gains, pretty flat. this is bloomberg. ♪ ♪ live from london and new york, this is the european close and i am nejra cehic with money close -- vonnie quinn. let's take you through all of the market action today. not a lot of action in the equities. the stoxx 600 gained a little bit for some part of the session, up to 3/10 of a percent but we have erased those gains into the clo

the ceo of lloyd's of london has told bloomberg how global uncertainties are driving demand for insurance against political and terrorism risk. he told us about his growing areas for the market. >> we have seen an increase in demand for all kinds of football risk insurers particularly businesses are doing trade with other countries. they want to protect the fact that they might not get paid if suddenly a government puts on a ban of structuring money outside the country. there is great demand for that and things like terrorism insurance, there is uncertainty around the world and we are seeing a demand for that. ofiette: the former chairman sinopec has told bloomberg how rex tillerson had a knack for dealing -- doing deals in china. he said tillerson's negotiating style could help diffuse frictions between china and the -- on north korea's nuclear program. korea has conducted yet another ballistic missile test. it comes days after president trump vowed to act unilaterally to address the threat if china will not. it comes a day before president trump and his chinese counterpart meet for the

the ceo of lloyd's of london has told bloomberg how global uncertainties are driving demand for insurance. ita beall told us about growing area for the market. >> we have seen an increase in demand for all types of political risk insurance, particularly if businesses are doing trade with other countries. they want to protect the fact that they might not get paid if a government puts on a band of transferring money out of the country. we are seeing a great demand for that. also things like terrorism insurance. we are seeing a demand for that. sebastian: that is the bloomberg business flash. nejra: thanks. north korea has conducted another ballistic missile test. it comes days after president trump vowed to act unilaterally to address a threat from kim's regime if china won't and a day before trump comes face-to-face with xi jinping. is in finland today. his stop there reflects a fundamental shift in commercial and limiting ties and signals that the u.s. is not the only diplomatic focus for china. juckes,th us are kit fixed income strategist at societe generale, and michael grady, senior ec

this is breakfast, with rogerjohnson and sian lloyd. prince harry reveals he turned to therapy to help him deal with the death of his mother, princess diana. in a newspaper interview, he describes how he went for counselling after coming close to a complete breakdown. there is actually a lot of stuff here that i need to deal with. it was 20 years of not thinking about it and then two years ofjust total chaos. good morning. it's monday the 17th of april. also this morning: the turkish president narrowly wins a controversial referendum on plans allowing him to greatly increase his powers. police in the us search for a man who shot dead his victim at random while broadcasting on facebook live. police and prison officers join forces to tackle the drones flying drugs and phones into jails. good morning. in sport, the premier league title race is hotting up. the league leaders chelsea beaten two nil by manchester united. goals from marcus rashford and ander herrera trimming the gap at the top to four points from second—place tottenham. it w

when you are part of lloyds banking group, you guys must have known about that we were a part of lloyds and spun out of them a few yea rs of lloyds and spun out of them a few years ago. part of being a separate bank is to bring more competition to the uk market. there is no need for me to be penalised every time i asked or ray price. if i go to the high street and ask for a fridge or a freezer, i don't expect the price to go up every ——a price. we would love all loa n to go up every ——a price. we would love all loan providers to sign up and say they will not do this. we would like to end underhanded tactics. you are obviously owned by a spanish bank now. what does brexit mean for you? it hasn't affected us. we look at our 5 million customers. we look at our 5 million customers. we have taken brexit in our stride. customers use current accounts and change banking behave is with us. we can see that. we have not seen much change. it is yet to be seen what happens in the next two years. but so happens in the next two years. but so far, so good. the uk economy is actually doing quite

lloyds says it is because more of us are doing our banking on our phones and online. dan, i worry that we will not fit into the smaller branches because i don‘t know about head height! it will absqueeze. so they will be smaller, but maybe not in the head debt, the height department. we'll have to go in and check! thank you for your comments about grammarthis thank you for your comments about grammar this morning. it really does get under people‘s skin. if you‘re the kind of person whose blood begins to boil when you spot a spelling or grammatical mistake on a sign, here‘s a story for you. in bristol it has been rumoured for years that there‘s somebody who goes out under the cover of darkness, correcting mistakes on street signs and shop fronts. breakfast‘sjon kay has tracked down this mysterious individual who describes himself as a "grammar vigilante". jon, loads of people contacting us this morning saying this has got to be an april fools‘ dayjoke which is a few days too late? yeah, i know. i thought it was a joke when i heard about it as well. surely,

he will not replace lloyd blankfein. he wanted, maybe a few times he thought he would leave goldman sachs over the lags five years. connell: it's a good tax move and all rest of it? >> it's a good tax move. goldman sachs, we did a little digging, did banking with jared kushner and kushner family. he developed a relationship with jared kushner. when this came up, jared helped bring him in. they are now the most formidable duo, advising duo in the trump administration. connell: are they going to push bannon out? >> it is such a weird place. usually the chief of staff reigns with these things or vice president. connell: you don't hear much about the vice president. >> or valerie jarrett key person to the president. this is very horizontal management structure. you have got bannon, you have priebus, you have these guys. right now the cohn, kushner, they're ascendant. bannon is not. bannon loyalists are going out there, listen, going on the offensive, if you get riof steve, they really think he might go or might be fired, if

he was arrested in 2013 for the shooting death of childhood friend odin lloyd. two years later he was sentenced to life in prison without parole. >> that's it. it's over. guy's gone. >> reporter: on boston's radio show, the apparent suicide was a hot topic. host scott zolak. >> it's one of the strangest sports stories for a guy who had everything and has absolutely nothing right now. >> reporter: the news of hernandez's death came on the same day his former team, the patriots, visited the white house to celebrate their super bowl victory. just last week in a separate trial, hernandez was found not guilty in a 2012 drive-by shooting case, and, scott, under an old and obscure state law, his murder conviction could be wiped clean, as well, because he died before exhausting his appeals. that would make him, in the eyes of the court anyhow, an innocent man. >> pelley: tony dokoupil for us. thank you, tony. questions are being raised tonight about president trump's america first mantra. his businesses don't always practice what he preaches, and major garrett has been

. >> reporter: it stands as a symbol of glamour and sell llu d lloyd dreams. the problem, gps made it easy for tourists by the tens of thousands to get closer to the landmark, creating mayhem in what was a quiet neighbor. >> people have knocked on the door to use the bathroom. >> reporter: it was built in 1923 to attract the public and promote a real estate development. since then, it's become a cultural icon, the main attraction for movie lovers who come from around the world for a selfie with the sign. tracy thomas and her family are visiting from london. >> watched many movies where the sign has appeared. i remember a movie where actors were sitting on it. >> reporter: this is a stable offering horseback riding tours, but it's also the easiest access point where you can get your best closeup with the sign. two years ago, the city sent out a press release that encouraged people to use the gate, saying it will safely allow pedestrians into beach wood canyon, but last year the ranch filed a lawsuit, saying all those people in the street creates a hazard and in

. >>> here's some of the nominees, carli lloyd, wayne simmons and dario saric. you can pick up a ballot or log on to cbsphilly.com and vote. here are your top three on 3. morgan williams, mississippi state ended the streak. >> we hope you enjoyed your time for producers i'm lesley van arsdale thanks for watching and have a great night. >> this is about damage control. >> reporter: a lot of people are already trying to control the damage. at a currency trading company, they're planning to move part of their operation to ireland to stay in the eu trade zone that brexit will almost certainly take britain out of. and ceo michael kent says not just the little guys are hedging their bets. >> there's not a single tech or financial services company that isn't considering these options right now. every single entrepreneur that i talk to, every single board member, every single banker that i talk to is thinking about this. >> reporter: those who campaigned for britain to leave the eu promised an economic wind fall. boris johnson is now foreign secretary. >> we have a whol

he was arrested for the shooting death of childhood friend odin lloyd. two years later, he was sentenced to life in prison without parole. on a talk show, the apparent suicide was a hot topic. >> it's one of the strangest sports stories for a guy that pretty much had everything and has absolutely nothing right now. >> reporter: the news of hernandez's death came on the same day his former team, the patriots, visited the white house to celebrate their super bowl victory. last week in a separate trial, hernandez was found not guilty in a 2012 drive-by shooting case. under an old and obscure state law, his murder convection could be wiped clean as well, because he died before exhausting his appeals. that would make hin man. >> thank you, tony. >>> questions are being raised tonight about president trump's america first mantra. his businesses don't always practice what he preaches. and major garrett's been looking into this. >> buy american, and hire american. >> reporter: in wisconsin yesterday, president trump burnished his populist image by signing an exe

he was serving a life sentence for the 2013 murder of odin lloyd. his death comes just five days after he was acquitted for the murders of two men in boston in 2012. >> prison officials say that hernandez hanged himself with a bed sheet attached to the cell window. he tried to block the door from the inside by jamming wit various items making it difficult for officials to get in. hernandez played for the patriots from 2010 to 2012. he was cut from the team shortly after being cut from the team. the patriots are going to the white house today to celebrate the super bowl victory with president trump. >>> president trump is claiming victory in a special election seen as an early referendum on his presidency. jon ossoff got the most votes at 48%, but he needed 50% to win the primary so now he's fail karen handel in a runoff on june 20th. the president asked the supporters to vote against the democrat. handel said on twitter that mr. trump called her this morning. the congressional seat opened up when tom price became president trump's health and human s