Aat better way to launch with 4 billion deal in the generic drugs industry. John is here with the details. We are talking about ranbaxy. Thats right. Clearly, shares were rising in that region, but sun pharma agreed to by ranbaxy at 4. 1 billion. Here,sting, the movement the Japanese Company owning a large part of ranbaxy. It is a done deal essentially . Yes. In 2008, the Company Bought ranbaxy for for for 1 billion. With u. S. Ssues authorities. It has been a problem child. Ranbaxy, for plans that didnt pass muster with the u. S. Authorities. The fda, the food and Drug Administration in the states, ranbaxy had to recall some batches of its generic cholesterollowering drugs. That is a concern clearly. It is not good for the image. , and indian company, is agreeing to by ranbaxy. Ranbaxy shares soared last week 26 . Encouraging for earnings. It will become the fifth biggest speciality generic drug company in the world. They must deal with this u. S. Issue. That is a concern. Japans thir
Coalition. His firm trading higher on the Deutsche Bank upgrade. Zblrj we kick off with the second reading of the eu services. Private sector returning to modest gross in july. Pmi suggesting the economy starting to stabilize. Business expanding for the first time in 18 months. The market using composite purchase managing index up to 58. 5 from 48. 7 in june. Breaks the 50 threshold for the First Time Since january 2002. Headline figure revised up a tick from the permanent reading of 50. 4. Slightly better. Thats just taken the euro dollar to the best levels of the session at 132. 89. Below 133. Trading tight ranges on euro dollar. Joining us is jonathan tapper. Nice to see you today. The pmi is now almost just about in expansion territory for europe. Are you confident that we finally got after two years we finally got some Sustainable Growth coming back . I think that this is a cyclical upturn. We are seeing some improvement. Varying perceptions. The Research Firm i run, work with, we
Jon meacham, thank you both for joining us over the past several hours and stay tund for continuing coverage of the life and legacy of george h. W. Bush. Good morning, everyone. It is 7 00 here in the east. 4 00 a. M. Out west. Americas 41st president , George Herbert walker bush has died. Over this next hour, his defining moments in the oval office, chaperoning the fall of the berlin wall and soviet union. Swift victory in the gulf war and one big promise that he could not keep. To his post presidency a further life of Public Service through his foundation plus the heroism in his early years. The pub luck servant, the statesman, the family man, this morning president george h. W. Bush remembered. Prudence, humility and a lifetime devoted to Public Service, the country is mourning george h. W. Bush. He passed away last night at age 94. His values and ideals now being honored across the political spectrum. The 41st president helped end four decades of cold war. His popularity soured aft
Amazon wants to make sure you never run out of toilet paper again and that you never have to schlep to the store to get more. A new device you slap on your coffee maker, press it and wait for the supplies to show up on your doorstep. This is not an april fool. Good afternoon. Im jake tapper. Welcome to the lead. We will begin with our world lead. Why would isis the vile terrorist group that has vowed to attack here in the United States seemingly be floating the idea of a truce with the west . News outlets have noticed an unexpected thread woven through their latest propaganda paying particular attention to a piece in the new issue of the isis english language magazine saying all the nations aligned against them will have to consider a truce. Now, this article purportedly written by british hostage john cantli almost certainly under duress of course could certainly be further misdirection or could it be an indication isis is finally feeling the impact of months of air strikes, losses in
All right. Lets bring in will ripley who is following developments from tokyo. Hill this is a critical negotiation. We know that the japanese envoy is there in jordan talking with representative of the jordanian government. The clock is ticking. Theres only hours left. What is the situation . What are we learning . What is the latest on this . Reporter eight hours until the apparent isis deadline. Weve heard strong words from the Prime Minister shinzo abe himself calling the actions of isis despicable but stressing the japanese government is doing Everything Possible to work with the jordanian government to secure the release of kenji goto. Of course gotos life threatened in this video along with the jordanian pilot captured last month. Of course hes a key a key interest to the jordanian government. By isis threatening his life theyre upping the stakes. On the streets in tokyo, we are hearing mixed opinions from people about how exactly both governments should proceed here. Translator