The expenses are by 18 in the quarter. We are very much investing in r rand d. Nestle posts a sales miss in the First Quarter with prices weighing on the consumer. And meta shares sink in the trade despite the beat on earnings as Mark Zuckerberg rekindles fears of a. I. Spending. We have shown we can build leading models and be a leading a. I. Company in the world. Welcome to street signs. We start todays show with the acquisition news bhp confirmed it made an offer to buy london listed Anglo American with the Share Capital of 31 billion pounds Anglo America is looking to review the offer a significant potential deal here we have karen tso joining us karen, outline the potential deal we had this discussion a few years ago. We were all puzzled. We were staring out into the abyss looking for the acquisition. Something changed last year. The san pcompany is preparing fe future copper is no longer discussed as dr. Copper it is now dr. Green in the Energy Transition and future tre trends co
We actually hit we set for ourselves in terms of cash flow and process from sales at this point in time. So thats helped us continue to maintain the dividends. Investors fear more cost cutting at Air France Klm. Shares take off after europes second largest carriers despite slipping deeper into the red. Amazon delivering for investors. The online retailer surprises wall street with ads 92 million profit in the Second Quarter as its bet on the cloud pays off. Shares skyrocket after hours. Welcome, everyone, to the show. Some Economic Data could bring to you right now, eurozone july pmi manufacturing coming in at a 2. 2 versus the reuters estimate of 52. 5. The flash composite pmi at 53. 7. Interestingly enough, the weaker euro, price cutting not helping foreign demand at this point. This after the german pmi number disappointed. We were looking at the euro in session lows and right now its remaining in a similar position. Euro trading at 109. 47 against the u. S. Dollar. Eurozone busines
Vodafone has ended talks with liberty mobile for an asset swap. Cheers to s. A. B. Miller. The shares jump when 106 million could be paid for the brewer. Lets kick things off with our top story. Two reports other the weekend say volkswagen already knew about the i will legalities. In 2011 a vw technician pointed out unlawful practices. The question is though what they knew, when they knew. We also, by the way, have a new volkswagen ceomathias mueller taking over volkswagen. The former chief executive of porsche says he vows to get to the bottom of the scandal. This is interesting, susan. The ecb is no longer including loans as part of its Bond Buying Program according to reports. Also want to show you what shares in vw are doing this morning. First time i checked this morning they are down and theyre accelerating their declines up by 3. 78 over the course of the last week off by 22 . What a drop by shares in that company. Lets get back out to nancy. Its a really tough road ahead for th
The fight against dengue fever, the first vaccine approved for use in mexico. Robin adams with the sport live for you from doha. In the mix with other big man of Champions League arsenal in greece. They are playing for a spot in the last 16, an update on the final round in europe is coming up. Hello, we begin with the latest efforts to end the conflict in syria. These are the main developments so far. Hundreds of fighters leaving the devastate city of homs with their families as part of a ceasefire between the opposition and the government. In saudi arabia, Member States of the Gulf Cooperation Council are meeting with syrian option groups trying to negotiate an end to the fighting. In the United States, the secretary of state for defense urged those same sunni states to do more to combat the armed Group Calling itself isil. Turkey must do more to control its pour rouse border. Saudi arabia apartment gulf states joined the air portion of the campaign in the early days, only the air par
A palestinian teenager is killed in clashes with the israeli army in the occupied west bank. Hitting rock bottom, the Mining Company announces it will cut 85,000 jobs from its global workforce. Im robin adams with sport li for you from doha. Manchester united are fighting for last 16th place right now. But theyre not making it easy on them. We have a full round up of tuesdays matches coming up. A warm welcome to this hour of news. The United States has announced plans for an International Summit on the war in syria. That comes with Syrian Opposition groups meet in saudi arabias capital trying to unify syrias fractured opposition. Many groups are coming together for the summit. Well, new report shows the number of foreign fighters traveling to syria has more than doubled. An estimated 12,000, that was in june of last year, and as many as 31,000 today. The talks are expected to take place next week. Theyre announced by u. S. Secretary of state john kerry along with u. N. Secretary genera