like viacom. energy mixed. softness on brent could push down some of those big oil companies. what are you seeing in individual movers this monday morning? matt: i'm seeing about 2:1 winners to losers. stocks areup, 185 down. in terms of who's winning or losing, take a look at the winners here. you've got some defensive stocks, british american tobacco is a winner this morning. you've got unilever as a winner. but also caring, some luxury stocks on the winning side. and then some banks. you was earnings season, bank earnings kicked off with j.p. morgan today. we get goldman sachs tomorrow. we get bank of america and, morgan stanley wednesday. lloyds is one of the gainers. ing is a gainer. unicredit, barclays adding to the stoxx 600. there's publicity's at the bottom. a lot of times after an acquisition, companies will fall. investors like this move to buy and focus on its online presence. look at the losers here. nestle one of the big losers, but that's not a defensive stock sold off out of market fears. that is ex dividend. that's the reason that stock is up there at the bott

cbs has cemented its bid to acquire viacom, the owner of mtv and comedy central. that is according to their purple -- a person with knowledge. cbs is offering a below market value provide comes shares. -- for viacom's shares. swiss recess something is likely to change at stake in 10% or less as it seeks to gain a foothold in the reinsurance industry. this are based company says negotiations are ongoing and remain at an early stage. masayoshi son is reshaping the japanese mobile phone carrier into a technology investor through its fund and sees areas of potential cooperation with swiss re. that is your bloomberg business flash. guy: the u.s. has stepped up its rhetoric with china with its tariffs on high-tech items. china has condemned the move and said it will respond on equal scale. where waiting for a press conference -- we are waiting for press conference. let's bring in kathleen hunter. the political risks are substantial, critically with the midterms approaching. kathleen: we poke into looking to hang on to the house and senate. what they are going to be look

cbs and viacom are keeping investors waiting on murders sure news. that the current recession would value viacom at the current level -- investors may not get the premium they would have liked. the u.s. judge has reinforced in order for american airlines mechanics to end alleged slowdown. the carrier says it has a devastating effect and americans a suit of the union in may, arguing the labor group was doing it to pressure the airlines into a contract agreement. it is time to consider shorting u.s. tech stocks according to socgen which cites increasing regulatory scrutiny. last month u.s. justice department sent its strongest signal yet it is prepared to take on facebook and google. and that's your bloomberg business flash. >> thanks very much. olivia hows in london. minutes away from the open. up next, the stocks to watch, including the maker of the personal laundry detergent, cutting its 2019 guidance as quarterly profits missed estimates. this is bloomberg. ♪ ♪ welcome back. this is the european open. we are just about eight minutes away from t

it will be called the viacom-cbs. the federal trade commission is looking into allegations of the e-commerce site punishing merchants with lower prices elsewhere. of atc stop short formal probe in amazon. says theyrican group will allow the better parts of the business to grow, and help bring down debt. we spoke to the companies chief executive. >> on a vertical integration restructuring and that model is not sustainable going forward. at the operational management should be underlying businesses and we must act as ap are shareholder. -- we must act as a peer shareholder. matt: president trump has delayed some of the new china tariffs he wanted to put on september. farm goods, clothes are on the list, but levies on big ticket items such as smart phones and children toys as well as bibles will not come until the end of the year in order to allow the christmas shopping season to remain under way. let's get to markets with jan-patrick barnert, equities reporter, bloomberg editorial -- with mark cranfield, mliv strategist

trading in viacom today --rently halted, in just currently halted and is down 47% in just today's session -- trading in wirecard currently halted and is down 47% in just today's session. ♪ matt: welcome back to "bloomberg markets." this is the european open. we are 12 minutes into the trading session looking at losses of about 1% across the continental indexes, almost .9% in london. top corporate's stories from the bloomberg terminal. wirecard says it is missing 1.9 billion euros. probably does not exist. the payments firm is withdrawing its result for fiscal 2019 and the first quarter of 2020. the company says it is in constructive discussions with lenders about renegotiating terms of its debt. the scandal has already seen wirecard shares collapse and its chief executive depart after running it for almost two decades. lufthansa's ceo says it's bailout deal may not pass. the carrier's biggest shareholder is threatening to block the plan, which would dilute its holdings. it adds to doubt over the 5 million euro plan to rescue the airline in the first place. the sides are holding emergenc

viacom down by 5%. it is a volatile stock. --entially, we have got this the auditors in singapore unable to conclude their audit. aviva holding an update for investors and the stock down by 3.4%. swat bank down by 2.9% -- edbank down by 2.9%. investigations are being held into wrongful behavior at the business in terms of breaking sanctions with russia. u.s. authorities running these investigations. the bank denies this. let's get an update on the bloomberg first word news. >> the u.s. senate has unanimously passed a bill in support of hong kong's protesters. it is warning beijing against violently suppressing the unrest. the legislation would require annual reviews of the city's favorable trade status. china has threatened to retaliate if the bill becomes law. westpac has been accused of breaching money laundering laws more than 23 million times. it is the biggest breach of the laws in australia history. it includes failing to detect payments that may have been used to facilitate child exploitation. the commonwealth bank of a