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
Existing us home sales falling. We are all in the green. 4 . P 500 up oil is also moving higher for the second day in a row. Lets go into my bloomberg terminal. Energy is the biggest gainer up by 1. 75 . And part of the trend has to do with energy. But are not 100 correlated they do move in tandem lately. Ramy they have been moving quite closely. The fall in oil has had a knock on effect. Nymex crude is pretty much at session highs. It looks like traders are looking ahead to tomorrow when the eia releases its latest inventory report. Inventoriesting likely rose one Million Barrels last week. Morgan stanley said, not so fast, a rebalancing might not happen until 2017. As oil rises, oil stocks are getting a boost. By 1. 3 breaking a threeday fall. And apple is falling today. 13 . Now down bylowered its price target five dollars because of production cuts in apples supply chain. For itsstock is headed worst annual fall since the financial crisis. And caterpillar is up the most since octob
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