For their worst day in 2011 as net profit fizzles out in the First Six Months the brewer can turn it around in the second half. The impact cost has been much higher than last year in the first half of course we took some pricing in a number of geographies, but that will roll over in the second half. And beijing reacts to the social unrest in hong kong as chinas Affairs Office backs chief executive kerry lam and says the one country two Systems Practice will not change right, big news in the uk this morning the London Stock Exchange has confirmed its in talks to buy refinitiv in a deal worth 27 billion. It comes less than a year after a private equity bought a majority stake in the firm from Thompson Reuters at the time, it was valued at 20 billion. The lse will pay for the transaction by issuing new shares with refinitiv shares getting 37 of the combined group. And more in deal space today. Takeaway. Com and just eat struck an agreement in principle to merge. The all share deal is wort
Year increases after reports that budweiser will delay sending it lower. And shares plummet to their lowest level on record after it reveals its in talks with china over a 750 Million Pound rescue plan it comes by so quickly every single month the decision, they say their output agreement does not change the output of an oversupplies market that is according to the International Energy agency. So in its latest report the iea says supply exceeded demand in the first half of 2019 and that rebalancing in the oil market has begun to slow. As ever, lets bring in nei neil atkinson. And just reading the major take away from the report is that essentially oil supply the first half of the year has exceeded demand you say that that number is 900,000 barrels. So despite opecs best efforts we still have the supplydemand mismatch we do thats a mismatch thats actually grown as new data has come in. And through the rest of 2019 well see how the demand issue plays out but as we move into 2020 the outl
Galapagos after u. S. Drug maker gilead doubles its stake with a 5. 1 billion investment. And rallies after being awarded 5. 8 billion in damages relating to a joint venture in pakistan and as the race heats up for the next managing director of the imf, the fund hosts an event on central and Eastern Europe. Ill be speaking shortly to the the deputy managing director of the fund well good morning, and happy monday i want to take you to some of the price Market Action that weve had over the last couple of hours or so on friday we had wall street close at record highs, but the news of the last 24 hours has been dominated by the gdp number that came out of china 6. 2 is the figure while some people are pointing to the fact that the gdp trend is the weakest in seven years, one its in line with expectations and fixed Asset Investment stronger than expectations, even retail sales for the month of june in china came in at 9. 8 versus 8. 3 expectations some of the details were a little stronger
This is cnn tonight. Im don lemon. The House Judiciary Committee releasing the transcript of its closed door interview with President Trumps former communications director, hope hicks. An interview where democrats say Trump Administration lawyers blocked hicks from answering 155 different questions. Hicks was accompanied by two private lawyers, three lawyers from the white house, and one from the Justice Department. She did not answer any questions about her time in the white house but did talk about her time with the Trump Campaign and also talk the about those hush money payments to Karen Mcdougal and Stormy Daniels as well as wikileaks and trumps comments about russia and Hillary Clintons emails. So lets discussion now. Sara murray is here, john dean, Patrick Healy as well. Good evening to all of you. Sara, you first. Give me some big takeaways from this testimony. Well, i mean, don, as you pointed out, whats notable is all the stuff she didnt answer, and the white houses claim of a
Look at this American Flag the ocean. We have Live Team Coverage from janice dean tracking the storms path. Griff is live in port st. Lucie. Is there a change . Reporter the outer bands of dorian parked over there bashing the bahamas. We are on the seawall of the indian river and some large waves, the highest wind gusts with 62 miles an hour but that is producing with the king tied coming over breaking the seawall, on the outside hutchison island, mandatory evacuation but this is why officials are worried about a storm surge, 150 miles away is Tropical Storm windss, 45 miles out of hurricane winds. Should dorian move a little west it is going to make things even worse but flooding, this is the storm surge people are worried about, lowlying areas, a slowmoving storm is going to make it worse. In st. Lucie county, the Spokesman Says he is worried people will get complacent because they keep worrying about a storm. We are seeing crews to the state level making sure we have whatever suppli