This is real money, and you are the most important part of the show. Tell me whats on your mind by tweeting me at ali velshi or facebook. Com ali velshi. I have a lot to tell you about twitter right now because of its earnings, but thats for later. But its the toughest response yet from the west over russias meddling in ukraine. A new round of sweeping sanctions announced today by the United States and the European Union takes aim at the energy sectors. Anything evaporated with the recent downing of a malaysian airliner over eastern ukraine. Both the u. S. And the eu think they can force russia to back off its support of pro russian separatists by crippling russias economy. Im not so sure, but lets look at whats new here. On the financial front. New sanctions on russias largest state owned banks will deny them access to credit and prevent them from raising money in europes Capital Markets and they wont be able to issue stocks and bonds. And they will be denied banks in the u. S. As wel
Real money. This is real money, and you are the most important part of the show. Tell me whats on your mind by tweeting me at ali velshi or facebook. Com ali velshi. I have a lot to tell you about twitter right now because of its earnings, but thats for later. But its the toughest response yet from the west over russias meddling in ukraine. A new round of sweeping sanctions announced today by the United States and the European Union takes aim at the energy sectors. Anything evaporated with the recent downing of a malaysian airliner over eastern ukraine. Both the u. S. And the eu think they can force russia to back off its support of pro russian separatists by crippling russias economy. Im not so sure, but lets look at whats new here. On the financial front. New sanctions on russias largest state owned banks will deny them access to credit and prevent them from raising money in europes Capital Markets and they wont be able to issue stocks and bonds. And they will be denied banks in the
Real money. This is real money, and you are the most important part of the show. Tell me whats on your mind by tweeting me at ali velshi or facebook. Com ali velshi. I have a lot to tell you about twitter right now because of its earnings, but thats for later. But its the toughest response yet from the west over russias meddling in ukraine. A new round of sweeping sanctions announced today by the United States and the European Union takes aim at the energy sectors. Anything evaporated with the recent downing of a malaysian airliner over eastern ukraine. Both the u. S. And the eu think they can force russia to back off its support of pro russian separatists by crippling russias economy. Im not so sure, but lets look at whats new here. On the financial front. New sanctions on russias largest state owned banks will deny them access to credit and prevent them from raising money in europes Capital Markets and they wont be able to issue stocks and bonds. And they will be denied banks in the
This is the Business Briefing. Im samantha simmonds. Oil Companies Going green. Sounds like an impossibility, but thats the buzzword for the oil majors nowdays and today bp will outline its strategy. Samsung takes another stab at a foldable smartphone we get a closer look at the z flip. And on the markets, Asia Pacific Rose on wednesday following another positive lead from wall street the dowjones ending the day neutral, though. In an increasingly environmentally aware world, oil and Gas Companies have something of an image problem. In a few hours time the new chief executive of bp, bernard looney, is to make a speech where he is expected to set out new targets for making the Company Greener and more sensitive to climate change. Bp is already investing in solar power, wind and hydrogen. The Company Wants to reduce its carbon footprints at the same time as continuing to produce oil and gas. What about other oil firms . Shell has been buying up Battery Technology businesses and firms tha
because it has a huge transformation ahead of it, so what will we hear about that? amongst the big international oil companies, bp has been the most aggressive in terms of announcing a transition plans. last year they mentioned that they want to be net neutral in terms of emissions by 2050. so far, if you look at all the international oil companies that have been selling lots of assets over the past five years, disposing of old oil types of assets, the pace at which they have been buying new assets to transition into the new world of renewables has been quite slow. bp has made a few purchases over the past year, but the key time is now, how much will they buy assets going forward? if you look at what other oil companies have been doing, they have been announcing share buybacks and