Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business Correspondent sameer hashmi. Sameer, nice to see you. 160 billion is so much money made in a year. What are they expected to say in the next half hour . Expected to say in the next half hour . Sally, ithink it is matching half hour . Sally, ithink it is matching up half hour . Sally, ithink it is matching up to half hour . Sally, ithink it is ma
Flag is due to go up at nato headquarters. This is live as the countryjoined the alliance. A former conservative Party Chairman has defected to the Populist Party Reform Uk to become their first uk mp. And oppenheimer wins big at the oscars, taking several awards including best picture, Best Director and best actor. Hello im the Princess Of Wales has personally apologised for the confusion over the photograph issued by Kensington Palace on mothers day. Like many Amateur Photographers, i do occasionally experiment with editing. She added i wanted to express my apologies for any confusion the Family Photograph we shared yesterday, caused. Her post on social media signed Cfor Catherine came after several International News agencies i do occasionally experiment with editing. She added i wanted to express my apologies for any confusion the Family Photograph we shared yesterday, caused. Her post on social media signed Cfor Catherine came after several International News agencies including Th
Business headlines. Us Investment Firm Elliott Advisors has walked away from making a takeover bid for currys after being rejected by the retailers board in its own words multiple times. It had initially proposed an offer that valued the electricals chain at £700 million, and later raised it to 757 million. But currys rebuffed the approaches, saying they significantly undervalued the business. Currys could still receive a bid from chinasjd. Com, which said last month it was mulling an offerfor the firm. Earlier i spoke with russ mould, Investment Director at the stockbrokers aj bell. There is but it it will focus on what the two main shareholders in currys have got to say, redwheel and frasers. Any bid will have to get their approval and one can only assume that wasnt forthcoming this time. They said it undervalued the business. It is rare we are in a position where we are talking about a high street retailer at the centre of a possible bidding war. We thought that bricks and mortar w
Away. Joe biden should not be shouting angrily at america. Americans should be shouting angrily at joe biden. President biden and donald trump escalating their attacks in georgia over the weekend. What each candidate warned would happen if the other returned to the white house. Plus, the president caught on a hot mic after the state of the Union Address showing his growing frustration with israeli Prime Minister benjamin netanyahu. What biden told msnbc in a sitdown in an exclusive interview on what he actually meant to say. And also. And the oscar goes to kelly murphy. Oppenheimer wins big at the oscars, taking home awards. Well show you the biggest moments and oscar snubs. Good morning and welcome to Way Too Early on this monday, march 11th. Im jonathan lemire. Thanks for starting your day and week with us. Well start this morning with a race to the white house. President biden and former President Donald Trump each made Campaign Stops in the balleground State Of Georgia on saturday
To be housed on board a barge in dorset are expected to arrive later today. The use of the bibby stockholm to house up to 500 people had been delayed by safety concerns. Ministers insist the vessel will help reduce the cost of placing migrants in hotels. Jonathan blake reports. Floating accommodation for migrants seeking asylum in the uk. The Bibby Stockholm Barge has been moored at portland in dorset for nearly three weeks, but stands empty. Safety concerns have delayed getting people on board but its now expected the first 50 or so men to be housed on the barge will move in very soon. We expect it to be in the coming days, so you wont have long to wait. And this is an important step forwards. Up to 500 people could be accommodated here. The barge has medical facilities and a recreation area. Its one way the government hopes to cut the cost of hotels for those attempting to claim asylum, the bill currently running at about £6 million per day. But its prompted protests from local resi