Stephanie i am stephanie ruhle. We misseed y we missed you. Erik a vacation. I will not go so far to say i deserved it, but i enjoyed it. Stephanie getting the top business stories of the morning. Greece. Talks over the greek bailout have broken down. Germanys commerzbank says theres a 50 greece will leave the euro. Greece is refusing to meet european demands that it requests an extension of the current Bailout Program. Here is greeces finance minister. Yanis varoufakis in the history of the European Union, nothing good has come out of ultimatum. We proceed from crisis to crisis and this is how we improve. In the next few days, any notion of an ultimatum is going to be withdrawn. Stephanie the greek government says terms are too tough and it wants be deal rewritten. Time is running out, the agreement expires at the end of the month. A shakeup at Starwood Hotels which owns sheraton and w. The ceo has stepped down. Starwoods board says it is time they speed up company growth. The Parent
Mark welcome to countdown. Caroline im caroline hyde. Manus one system is testing to eliminate all traffic accidents. We take a sneak peek at the driverless cars. Stick around for that. Caroline breaking news it is a deal. Express will be offered by fedex. It is offering a third premium at 3. 3 in terms of the premium of the sharepoint which is six euros. They are offering eight euros per ordinary share. It is a really interesting deal because it is over two years ago we saw that are for that offer trying to snap up tnt express. That deal unraveled because regulators got involved. They felt they would not be enough competition in next day delivery because it would be owned by ups and dhl. Seemingly, maybe fedex will be able to increase its prevalence in europe. It is a key area of growth for them. They say profitability, they want to boosted by 1. 7 billion. It is part of fred smiths plan to boost profits. Expansion in europe. By buying up tnt express, table be able to do they will be
African oil, while selling the continent to reduce its carbon emissions. The industry says its the region to decide the pace of its transition that says Africa Oil Week is in full swing. It is not just good enough to to blender world what would find out. So we have to push what is enough for a century to focus on our energy use on energy. Ruth, very warm, well can see from the russian capital this thursday morning on pizza. Scott, welcome to the program wherever youre joining us from opec plus members, including russia and saudi arabia have approved a major coach around 2000000. 00 Barrels Per Day in crude outputs. Now is the biggest reduction in over 2 years and is designed to proper prices on the world markets. Saudi arabias Energy Minister explain the reasoning behind the decision. We are not in the gambling business. We have to be careful. I have had 35 years of experience in this field. I would like to challenge anybody who could come and say, weve been through a situation assimil
Fighting. Archie speaks to People Living on the very edge of the don bass frontline. Theyve got to move you down with you when you break issue and with europe scrambling for african oil while telling the constant edge were doing its carbon. The industry says its up to the read it to decide the pace of transition as Africa Oil Week is in full swing. It is not just good enough to blend to world what we find out. So we have to push what is enough for a century focused on our energy is on and a good group, a mosque out to the world. This is our t international. Im rachel blevins, and these are the top. Is this our opec plus members, including russia and saudi arabia have approved and major caught up around 2000000. 00 Barrels Per Day in their crude output. Its the biggest reduction in over 2 years designed to prop up prices on world markets. Saudi arabias Energy Minister explained the reasoning behind the decision. We are not in the gambling business, we have to be careful. I have had 35 y
The a very well welcome to you with pm here in the russian capital. This is the international with the latest world news update. Thanks for joining us. Now we start with sanctions d. E. U as officially adopt today to aid package of sanctions against moscow, including the 4 former ukrainian regions that recently joined russia off the referendums. And the restrictions include a price cap on oil imports from russia by c. Although pipeline supplies are not affected. Some import rushing goods like steel paper, plastic on now, also excluded. Plus, there are measures prohibiting e u, exposed to russia, such as coal ation equipment and certain chemicals. Well, lets get more details. Were more contributes a rachel monster now rate. So many things we do and it goes, so how are these new sanctions expected to affect the escalating Energy Clients in europe . So on one hand, the European Union says that it still considers these regions part of ukraine, but on the other hand is treating them like th