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Ive told me a lot of well its good to have you with us covered 19 on the road to recovery thats the focus of a special session of the u. N. General assembly almost 100. 00 World Leaders are taking part in the 2 day summit coincides with the release of a u. N. Study that shows that more than 1000000000 people could be living in extreme poverty by 2030 due to the long term effects of the corona virus now the german chancellor Angela Merkel addressed the assembly via video link and she stressed the need for Global Cooperation to ensure equal access to vaccines around the world through 200. 00 need we must never forget the pandemic can only be truly beaten in the long 10 when everyone in the world has fat access to effective vaccines. Oh the coming the pandemic in the long term also means doing everything we can to a much ....
Country out of its worst economic slump in decades. The deadline draws near for tiktok to divest it u. S. Assets, reports a shutdown of its priced app for sale. We have breaking news. Oftbank will be selling this as bloomberg learned softbank was trying to strike this deal that could be valuing it at 40 billion. Arm, weis deal to sell could have seen softbank reviving those stocks about taking the group privates. We are hearing that softbank divisionelling its arm to nvidia. This would be a 40 billion deal, the biggest chip deal to date. The transaction value is up to 40 billion. Nvidia could be paying more than 21 billion in stock and 12 billion in cash. This would be a 2 billion payment as signing. This coming at a time as we continue to see softbank divest its assets. Softbank could be receiving an additional 5 billion of cache if the performance meets certain targets. This also depends on what regulatory scrutiny they go through. This could be the largest ever in the semiconductor ....
Oracles deal for tiktok hurdles as President Trump is not ready to sign off on the plan. And Hurricane Sally our conversation with the u. S. Energy secretary coming up this is Worldwide Exchange here on cnbc good morning, good afternoon, good morning and welcome wherever you are watching. Thank you for joining us on Worldwide Exchange. Now your money are setding it up for the day in the red stock futures at the bottom right of your screen we call it a bug, down 225 points on the nasdaq, the dow rather, the nasdaq down 118. It looks like Big Technology may be happening it is early and futures are turning around right now, we are down across the board. The dow got a minor gain it was a different story f ....