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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Dan Schwartzman. In Canada, Delta Airlines plane flipped upside down

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Speaker 1: upon landing in windy and freezing conditions in Toronto on Monday.

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Speaker 1: The plane, which was flying from Minneapolis Saint Paul to

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Speaker 1: Toronto Pearson International Airport, had seventy six passengers and four

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Speaker 1: crew on board, with no fatalities reported. That is according

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Speaker 1: to a statement from Delta Airlines. The incident led to

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Speaker 1: seventeen people being hospitalized, but all injuries are non life threatening.

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Speaker 1: Deborah Flint is a president and CEO of Toronto Pearson

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Speaker 1: International Airport.

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Speaker 2: We immediately halted further arrivals and departures on our remaining

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Speaker 2: three runways. Those runways were reopened at approximately five pm.

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Speaker 2: The other runways are remaining to serve the investigation, which

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Speaker 2: will be carrying forward for the rest of tonight and

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Speaker 2: into the next several days. These two runways will remain

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Speaker 2: closed while our investigation or while the investigation takes place.

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Speaker 1: That was Deborah Flint, the President and CEO of Toronto

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Speaker 1: Pearson International Airport. She went on to say that the

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Speaker 1: airport has put in place a quote emergency Operations Center.

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Speaker 1: It consists of personnel from Delta Airlines, fire and police departments, paramedics,

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Speaker 1: security and federal agency partners. The Reserve Bank of Australia

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Speaker 1: has cut its cash rate target by twenty five basis points,

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Speaker 1: which was exactly what Bloomberg Economics have predicted. President Trump,

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Speaker 1: on truth Social says that US forces conducted a precision

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Speaker 1: airstrike against a member of al Qaeda in Syria over

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Speaker 1: the weekend. Trump also added that quote the terrorist leader

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Speaker 1: was working with al Qaeda across the region. UK Prime

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Speaker 1: Minister Keir Starmer urged President Donald Trump to offer Ukraine

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Speaker 1: security guarantees. Here's Starmer speaking to reporters following a meeting

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Speaker 1: of European leaders in Paris.

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Speaker 3: This isn't just about the front line in Ukraine. It's

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Speaker 3: the front line of Europe and of the United Kingdom.

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Speaker 3: It's about our national security and I think that we

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Speaker 3: need to do more. We need to step up in

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Speaker 3: terms of our collective response in Europe and by that

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Speaker 3: our main capability.

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Speaker 1: Was UK Prime Minister Keir Starmer speaking. The British Prime

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Speaker 1: Minister pledged to send peacekeeping troops to Ukraine if needed,

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Speaker 1: alongside other nations. Meanwhile, US and Russian diplomats begin peace

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Speaker 1: negotiations in Saudi Arabia tomorrow without involvement from Kiev. Russia's

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Speaker 1: Foreign Minister Sarah gay Lavrov explains why they haven't been

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Speaker 1: invited goods.

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Speaker 4: The European philosophy hasn't gone anywhere. If they're going to

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Speaker 4: wheezl out some cunning ideas about freezing the conflict while

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Speaker 4: actually intending, as is their custom, nature and habit, to

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Speaker 4: continue the war, then why should we invite them at all?

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Speaker 1: That's Russia's Foreign Minister sarahay Lavrov. Ukraine, however, says it

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Speaker 1: won't recognize any agreement reach without them. The acting commissioner

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Speaker 1: of the Social Security Administration has reportedly left her job

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Speaker 1: this weekend after clash with billionaire Elon Musk Stage. The

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Speaker 1: Washington Post reports that Michelle King, the agency's acting commissioner,

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Speaker 1: has left her position following a disagreement over doge's attempts

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Speaker 1: to access sensitive government records. Sources say that President Trump

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Speaker 1: appointed Leland Dudik, a manager in charges Socials Securities Anti

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Speaker 1: Fraud Office, as acting commissioner, while Frank Pisigano, the President's

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Speaker 1: nominee for permanent commissioner is vetted by the Senate. A

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Speaker 1: public announcement is expected this week. The Financial Times reports

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Speaker 1: that Honda is willing to re enter takeover talks with

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Speaker 1: Nissan if Nissan CEO Makoto Uchida steps down. Sources to

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Speaker 1: say that Honda would be prepared to revive negotiations under

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Speaker 1: a new boss who can better manage internal opposition. Negotiations

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Speaker 1: to combine the two carmakers had formally ended last week,

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Speaker 1: but no agreement reached. Federal Reserve Governor Christopher Waller says

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Speaker 1: recent economic data supports keeping interest rates on hold. Waller

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Speaker 1: believes that if inflation behaves as it did last year,

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Speaker 1: policymakers can get back to cutting quote at some point

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Speaker 1: this year. Willer calls a recent CPI figures mildly disappointing,

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Speaker 1: but has emphasized that forecasts for the Fed's favorite gage

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Speaker 1: of inflation are less alarming. The governor, though characterized the

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Speaker 1: economy as being solid. Four New York City deputy mayors

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Speaker 1: resigned from their posts after the Department of Justice moved

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Speaker 1: to dismissed a corruption charge against Mayor Eric Adams, concerned

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Speaker 1: over Adams's relationship with President Trump. And a possible quid

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Speaker 1: pro quo has led to increased calls for his removal.

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Speaker 1: The deputies are reportedly concerned about Adams's apparent decision to

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Speaker 1: help Trump deport undocumented migrants. New York City Council Speaker

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Speaker 1: Adrian Adams became the latest high profile politician to call

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Speaker 1: on the mayor to resign. We go to earnings news next,

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Speaker 1: where BHP Group's first half profit fell twenty three percent

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Speaker 1: due to China's faltering economy, which damp and demand for

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Speaker 1: iron ore. This prompted the miner to cut its interim

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Speaker 1: dividend an eight year low. Despite the earnings miss, BHP

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Speaker 1: CEO Mike Henry struck a positive tone.

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Speaker 5: You look at our iron ore business with record shipments

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Speaker 5: for the first half, notwithstanding some of the pressures in

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Speaker 5: the iron ore mark. Production in our steelmaking coal business

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Speaker 5: in Queensland up by fourteen percent, and the real exciting

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Speaker 5: story here is copper production up by ten percent and

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Speaker 5: that keeps us on track for twenty four percent growth

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Speaker 5: in this very important critical mineral over a three year

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Speaker 5: period to the end of this financial year.

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Speaker 1: That was Mike Henry, BHPCO speaking. Meantime, BHPCS. Copper is

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Speaker 1: a key growth area, with plans to spend at least

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Speaker 1: ten billion dollars to maintain and grow copper production across

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Speaker 1: its Chilean portfolio over the next decade and a half.

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Speaker 1: And that's news when you want it. With Bloomberg News Now,

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Speaker 1: I'm Dan Schwartzman, and this is Bloomberg