And were starting with the latest incident in the volatile Gulf Region Oil prices have surged after what is believed to have been a missile strike on and ukrainian tanker in the red sea benchmark brant crude oil rose over 2 percent in trading to reach 60. 40 a barrel after this beauty was hits off the saudi port city of jeddah the ship was headed towards iran or in the gulf it was the latest strike by an unknown attacker on Oil Facilities in the gulf region a bombing office saudi arabias largest Oil Processing facility this summer caused a 10 percent spike in the oil price but markets calmed quickly as output was restored. For more im joined now by joseph head of oil and gas and alice is at Fitch Solutions in london good to have you with us so you comparison to this attack on saudi Oil Processing facility in summer how serious is this latest incident for
the oil market. Thank you monica the latest its the to is relatively minor in comparison to last months attack on iran cos facilities
billions of dollars into we were going now as you mentioned the company is by far not as much worse as we know as soft bank was hoping for at the beginning of the year and if you know if we work in general the problem is they actually have the long term liabilities from their i.p.o. prospectus a couple of weeks ago in the amount of more than $45000000000.00 by the other side they have heavy losses for the 1st 6 months of the year we saw revenue and we were of about $1500000000.00 but on the other side we also had losses for the 1st 6 months of the year of $700000000.00 so well we will see if soft pink is doing this really because they see the success story or if it s
ground together india and china make up nearly one 5th of the global economy china wants to boost straight with india and as its conflict with the u.s. continues to bite india is hoping for chinese investment. situation powerhouses have a complicated relationship and india is putting on a smiling face to welcome xi jinping. the heartfelt hello can t mask the challenges though in the past few years india has been left behind as china s economic growth is shot ahead china s economy is now 5 times out of india s. the 2 leaders will try to break the lengthy deadlock over a free trade agreement china is india s largest trading partner to trade war with the us means china wants to boost trade with india. foreign direct investment into india has risen to about $45000000000.00 and china is keen to be a major player in the growing indian market. indians love chinese
economic ground together india and china make up nearly one 5th of the global economy china wants to boost straight with india and as its conflict with the u.s. continues to bite india is hoping for chinese investment. situation powerhouses have a complicated relationship and india is putting on a smiling face to welcome xi jinping. the heartfelt hello comp mosque the challenges though in the past few years india has been left behind as china s economic growth the shot ahead china s economy is now 5 times out of india s. the 2 leaders will try to break the lengthy deadlock over a free trade agreement china is india s largest trading partner to trade war with the us means china wants to boost trade with india. direct investment into india has risen to about $45000000000.00 and china is keen to be a major player in the growing indian market. indians love chinese