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Theresa may has suffered a narrow defeat on a key vote on the brexit bill. It means terms for a final deal need to be approved by a new law passed by parliament. Now on bbc news all the latest Business News live from singapore. A third rate hike in 2017. The Us Central Bank raises Interest Rates at its final policy meeting for the year. And the head of a key vote over the internet, we tell you why the new Net Neutrality rules matters to american businesses. Good morning, asia. Hello, world. It is a thursday. Glad you could join us. We saw the worlds most powerful central bank is continuing to tighten monetary policy, the Federal Reserve raising short term borrowing costs or the third time this year, this time ....
First time since the oil price collapse. President trump labels russia to china as rival powers the u. S. , but says he will try to work with them. Arabia. 00 a. M. In saudi this is Bloomberg Markets middle east. Inm yousef gamal eldin riyadh. A lot to get to. We start off with the broader asian equity session. The handoff from the u. S. At record highs. Boards, trades on the the thailand currency the big peso. And the chilean some other Asset Classes we are dollarg, a stronger u. S. , ever so slightly stronger on the back of optimism that this u. S. Administration is inching closer to achieving its first major legislative victory. Brent crude, take a look at that, currently higher for brent and wti. Fell. Stockpiles 10 year yields for paper at the upper end of the range. Resilient in light of a testy brexit conversation. Of the bigd one stories, the strongest since march. ....
Bingo fuel meaning hes almost dry. Youve got allgaunt pilot saying hes funning out of fuel. There will be a window of opening in about 20 minutes for landing. Yeah i dont have 20 minutes. This is 426, roger, and thats unless it is an emergency, there is grand Forks Airport which is 70 miles to the north. Yeah, listen. Were bingo fuel here in about probably three, three to four minutes and i got to come in and land. This is 426, roger. All right. Youll have to like i said declare an emergency for that with the Minneapolis Center and then we would coordinate to get you in. Okay, im going to give them about an another three minutes to see if we can set 3358894. Then ill see if we can get this coordinated prior to i get down to having to do that, ill do that. Thank you for that. This is 426 roger. Your company dispatch should have been aware of this for a number of months. Oka ....
Is less human input. Also speaking in riyadh, the head of saudi arabias Sovereign Wealth Fund pouring cold water on speculation that the listing of saudi aramco could be delayed saying the ipo is on track. And novartis beats expectations in the Third Quarter as they say they are making significant progress on plans for a possible ipo of its alcon unit the ceo tells cnbc what management is thinking if we do bring this to market in a spinoff, lets say, its going to be important that we do it from a position of strength, so that in the nearterm we have to focus alcon on delivering consistent sales growth and core operating Income Growth. As chinas Party Congress draws to a close, xi jinping is importalized in the constitution as he is named in the amended draft. J ....
When your Central Bank RaisesInterest Rates 6. 5 overnight to 17 , and your currency still continues to tumble. It would be tough for any country, but the russian industry is anemic, and at the same time the amount of money theyre making from something the world does want to buyoilis collapsing. Russians imported goods will zoom in price as the christmas and holidays approach, russians are flocking to buy consumer goods before the prices jump. Meanwhile the government is pushing down reserved trying to support the ruble. Now its look line the bad ol days in russian, the 1990s. Reporter the russian ruble is in trouble. Russias central bank suffered a massive Interest Rate hike. The central bank said in a statement, the ruble plummeted a quarter of its value. And in the past year the ruble has depreciated 50 against t ....