calling i know the truth by the end of june is pretty limited right now all laws all those trade negotiations was a louis saha joining us from new york and here s some other business stories making news. while prices also fell sharply on thursday due to fears of prolonged trade tension between the u.s. and china festers fear that if you could weigh heavily on growth on global growth rather u.s. light crude fell nearly 6 percent below $58.00 per barrel. u.s. president donald trump is providing an additional $16000000000.00 in aid to farmers hurt by his trade policies to washington introduced tariffs on foreign products china and other countries responded with retaliatory tariffs focusing on u.s. exports. popstar rianna has unveiled her luxury fashion brand with new owner l v m h and paris is the latest brianna s business ventures which include
justice department is opposing a multi-billion merger of t. mobile usa with rival companies sprint that s according to bloomberg news agency the d.o.j. fears that the deal in its current form would harm competition the question is whether there is anything the companies can propose like selling airwaves or another business unit that could sway the department the justice department stance differs from that s of the federal communications commission the f.c.c. said yesterday that it would recommend the $26000000000.00. and that is d. w. business at this hour from me and the team and the insides were keeping us company and you can always find out more online or follow us on twitter and on facebook.
thank you jose and staying in the u.s. automaker ford is cutting some $7000.00 white collar jobs roughly 10 percent of its global workforce the move is part of a major restructuring that the company says will save $600000000.00 annually and streamline its operations about of a 3rd of the layoffs will will be in the u.s. forces also cutting jobs across europe as part of a separate plan to turn around its business there including $5000.00 positions in germany. and let s look at some of the other business stories making news. the chairman of the us federal communications commission said bill backed the $26000000000.00 merger of sprint and germany s t. mobile sending shares of both firms upward pi s said the merger would approve build out of 5 g. wireless networks across the country the f.c.c. will give its formal verdict to the merger next month the us justice department also has to approve the deal. ryanair has posted
global workforce the move is part of a major restructuring that the company says will save $600000000.00 annually and streamline its operations about of a 3rd of the layoffs will will be in the u.s. forces also cutting jobs across europe as part of a separate plan to turn around its business there including $5000.00 positions in germany. and let s look at some of the other business stories making news. the chairman of the us federal communications commission said bill backed the $26000000000.00 merger of sprint and germany s t. mobile sending shares of both firms upward pi s said the merger would approve build out of 5 g. wireless networks across the country the f.c.c. will give its formal verdict to the merger next month the us justice department also has to approve the deal. ryanair has posted a 29 percent drop in annual profit budget airline blames higher fuel costs cabin crew strikes and fears competition is says it s also affected by the grounding of
germany. or some other stories making news the us federal communications commission has approved the $26000000000.00 merger of sprint and germany s t.-mo bought the regulator believes it would be a good deal for consumers the companies have pledged to make 5 g. services available nationwide within 6 years the u.s. justice department still has to approve the deal. pig farmers in china are grappling with a swine flu epidemic of $100.00 outbreaks have been reported since august last year massive culling sent transportation restrictions a driving up global pool prices. seem bubblies central bank is injecting $500000000.00 into its foreign exchange market the move aims to ease a dollar shortage in the country as a bubble ins have more confidence in foreign currencies than the local. dollar last week it tumbled 30 percent against the us dollar on the black market. ryanair has