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Plan. We see russia as a large, promising market. We wont change our mind. Theres more to be done in this market. And more warning signs out of china, investment, retail and factory data all disappointing in april with data hitting multiyear lows. Youre watching worldwide exchange, bringing you Business News from around the globe. And a warm welcome to tuesdays edition of worldwide exchange. Plenty to come through on the show today. Are you looking forward to it . Happy tuesday. Happy tuesday, everyone. Well get opecs latest report. Retail sales coming out of the u. S. As well. But before all of that we continue to look at m a on the astrazeneca pfizer story. Pfizer making its last push reiterating to uk jobs and r d if the proposed deal goes ahead. The ceos of pfizer and astrazeneca are due to appear before uk lawmakers in london very shortly. The unions make their way starting in 30 minutes time. Then pfizer ceo ian reed is in an ....
And a victory parade fills up moscows red square as russia shows off its military prowess ahead of a weekend referendum in ukraine. Well be joined by the former uk ambassador to russia. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello. Warm welcome to the final Worldwide Exchange of the week here on cnbc. Equities weighted to the downside in europe. Around about 73 decliners currently outpacing advancers on the dow jones 600. By the close of play yesterday the ftse was up around 43 points, the dax up nearly a percent. This morning, the ftse is down a quarter percent, cac current dune nearly 0. 5 and the ftse mib currently off 0. 6 . The nikkei up 0. 25 , fairly flat in the hang seng, the kospi up a third. China cpi up at an annual rate of 1. 8 . The smallest rise in 18 mon ....
It is part of the brand and the revenue stream and it has fallen behind both in the hardware space and the streaming space. Brings applenics the headphones that everyone wears. On the music streaming site you have beats music that has garnered a lot of attention. I do not know how successful it has been on the business side because they have not released numbers. Right, so is it worth 3 billion . Complex many analysts would agree that it is not worth any analysts would agree that it is not worth that much. What is concerning is that youve never had apple acquire a brand, ever do big deals. Billion dollar deal for what essentially boils. Own to a brand that is cool it is not a new technology. It will not move the needle on the technology front. Apple has a lot of money. Overseas but the money is not accessible. Debt tos had to issue give shareholders value back. Yes, it is a blip on their overall cash balance, but if you look at their operations, it is not a small number, he even even f ....