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Bob iger is about to join us as disney buys a big chunk of 21st century fox. Retail sales up 0. 8. But we know what the lead is today. Yep, we finally got the deal weve been talking about now for more than a month, of course disney buying those fox assets that weve detailed time and again over this last, lets call it, five weeks or so since we first brought the story to you of the talks between the two it is a large deal, to say the least. Depends on how you want to value the equity right now, at current prices, and if you take into the considerations that minority interests, its about 55 bill...

We are seeing quite a lot of stocks rise on the back of hope that the tax plan will move through. We do need to break it down and look at sectors. The stoxx 600 gaining 3. 3 . The eurodollar, we are looking at that because the tax plan c ould affect the dollar. We are expecting a vote. We heard from the president earlier on, saying he has people he could call on two major the tax plan goes through. Could call on to make sure the tax plan goes through. We talk brexit and the outlook for 2018 with Vincent Chaigneau. In the next hour, we break down withs. S. Tax overhaul the Global Economic strat...

As we speak. First, we start off with breaking news on alphabet. The Parent Company of google lets get to josh lipton for all the details. Reporter melissa, big breaking news here on alphabet which is just now announcing that as of its next regular board meeting, eric schmidt will be transitioning hell be stepping down from his position as alphabets executive chairman, instead becoming what is described here as a technical adviser to the company importantly, he will continue to serve on the board schmidt saying here in a statement, melissa, in recent years ive been spending a lot of time my ti...

Landrys, first owner of the houston rockets. One of the most exciting teams in thes in nba coanchoring along with melissa and me power lunch starts right now meantime, get a check on the markets at this hour stocks are mixed after a positive start with only the dow holding steadily in positive territory. The s p and nasdaq, really hovering near the break even as we sort of are saunter towards the ent of this trading year and visa, winners. Lagging ge hitting its lowest level in six years hotels and booze getting a bid hilton, marriott, wyndham, brown foreman, Constellation Brands hitting allti...

Rishaad just about 30 minutes to go until we get going again for the hong kong session. Let us take a look at what has been happening. Has been a winning last day of trading for 2017. The highlights. Looking at 14 months, straight months of a global stock that is gaining. This is unprecedented. Let us go back to the dark days of 2008 when we had steep falls. In one month, 10 of the stocks declined. Since then, recovery taking place. 2009. D bag since the last 14 months has framed what has been going on. The hang seng up about 34 so far this year. Notwithstanding the gains we may be seeing in a...