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The latest vote suggests the no count has taken the lead. Shares in ricardo trade higher despite a fall in profits. Chinese stocks hit a high as weak numbers suggest beijing will step up with fresh stimulus measures. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Good morning. Welcome to the show. Were just getting the report through that we had expected from the International Energy agency reporting that oil prices, quote, fell sharply in august. ...

Coming up in moments. Sprint shares lower in premarket trading this morning. Wider than expected loss, lowering of guidance and loss of subscribers, plus job cuts. Shares of michael kors down premarket after Holiday Quarter guidance comes in below street expectations. Alibaba reporting quarterly profit 45 cents a share in line with estimates. Shares of alibaba have risen 50 since the september ipo. As we said, we are moments away from a live interview with alibabas executive vice chairman joe ts...

Have the same expertise. I think its regrettable and a what youre saying but i think there are tools for pushback and they need to be used. Its hard to go to the public and say to the people are buying houses and pretending to flip them, we will take away your credit because we dont think buying a home is a good idea. I think it would have been a lot of political support. Now there is but not back i mean, the public is basically saying, as we all know, people who speculate in the middle of it an...

Look ahead to a year from now. But will iraq look like quick theres a real possibility will have three de facto states. The official state dominated by the shia arabs in the south. The Islamic State or the isil state in syria and iraq and the very top of his kurdish entity in the north. How that function . It will function well. They will be at odds with each other. However another alternative will work to find a way to unify the countrys and then how golf course is to write to retake in the ter...

And we be the calculations show that this can be funded especially in the federal gears with no addition at all to the deficit. Finally preschool for all promotes access to all day kindergarten and encourages the expansion of highquality programs to include kids only in low income populations but middleclass as well. We also have a 250 milliondollar Grant Program for preschool development which will help save local agencies and governments build a fundamental component of that highquality presch...

General verrilli, i want to switch gears a little. Justice kagan talked about your integrity, and as you know i know that from personal experience, but my question for you as lawyers, given the gridlock and the hatred thats in washington, how do we inspire young people in our profession and outside our profession to follow in the best tradition of Public Service and bring those people, the best and the brightest, on both sides of the aisle, to really do what we do as lawyers which is uphold the ...

Be doing to put them on the table to argue vigorously but that respect the deliberations that led to his decision. Host you offered a memo that you cannot go into details but what advice would you give this president when dealing with Foreign Policy . Guest i believe america is the indispensable nation we cannot go around solving all the problems in the world is no big problems can be solved without us. Our leadership is essential for the country we want and the world we hope to see. You go into...

Also to probabilities were going to factor in so many things that the risk keeps getting smaller and smaller. So computer modeling aside here youve got a real like accident unfolding and the computer models to my knowledge arent really providing that much reliable information, good information and i gather there was a fair level of disagreement of decisionmakers as to what the best course of action is. Fortunately it doesnt appear that the west coast could have been affected and if that was the ...

Now i would finish by saying a couple of words about banking unions. This is for the 18 countries in the euro zone. Weve made the European Central bank as the supervisor. It will directly supervise the largest 130 banks and then it can call up any of the other 6,000 or so if it suspects there is a problem. The whole of the eu that is all 28 Member States have the same regulations and rules for the Bank Supervision from the european supervisory agencies but the euro zone will make a further detai...

Country. But it would be wrong to suggest that this is also just like its been in yemen and somalia were you going with quick light footprint attacks and leave. Here it is going to have to be a very constant form up operations at the scene already announced over the past month about 150 separate attacks they have done in 30 days. You can do the math there. It is five today. On over 200 targets that is just doing the basel and a few other locations in iraq. Obviously at some point and i dont thin...