Percent. Shanghai stocks down by close to 1 a decline of more than nine tenths in europe there have been some green arrows the dax is up by. 2 the cac is up by a quarter percentage points. Stocks up in italy, spain and london crude oil prices which ended last week just shy of 59 a barrel, check this out right now, down by about 44 cents. Still, wti trading above 58 at 58. 51 a barrel. Now this morning the big news of the day. Publisher meredith buying time, inc. , for2. 8 billion thats the price meredith will pay 18. 50 for time, inc. It publishes wellknown magazines such as time, peopl people. Meredith received 650 million a lot of people raising questions about what this means. Raising 650 million in backing from the billionaire Koch Brothers, charles and david koch are widely known for supporting conservative causes. They say the magazine business is a good investment in the press release koch industry says it will not have any seat on merediths board and will have no influence or e
The e. U. Says the catalonia crisis is a domestic spanish issue and that it will not intervene spain gets ready to impose direct rule on the region. And the syrian mother managed to flee the war in her homeland now all she wants is to be reunited with her three children explain why some germans want to prevent this from happening. Plus hes been dubbed the czech donald trump populist billionaire andre bobbish is set to win the Czech Republics general election what will that mean for the European Union. And theyre back cartoon characters asterix in public so setting off on another adventure in ancient rome writers say the new book contains some important lessons for contemporary european. Hello im terry martin good to have you with us. British Prime Minister theresa may has urged e. U. Leaders to agree to a brags that deal that she can defend to people in the u. K. At an e. U. Summit last night she also asked them to approach the issue with more urgency may wants to move talks on to the
Nothing to do with us the e. U. Says its a domestic spanish issue and that it will not intervene as spain gets ready reposed direct rule in the region. And the syrian mother managed to flee the war in her homeland now all she wants to do is to be reunited with her three children we explain why some germans want to prevent this from happening. Hello im terry martin good to have you with us. British Prime Minister theresa may has urged e. U. Leaders to agree to a break that deal that she can defend to people in the u. K. At an e. U. Summit last night she also asked them to approach the issue with more urgency she wants to move talks on to the u. K. s future trading relationship with europe but either leaders want to negotiate divorce terms first despite the deadlock uncle merkel said she is confident a deal will be reached. I whispered exchange and stony expressions chancellor merkel president and Prime Minister may were already deep in conversation at the outset of a summit where brags
Covering starbucks. Jess getting under way and hes got his left hand on the other red phone or right hand. Ready for that microsoft call which will start off in just about a half hours time. Out of washington, lets get to eamon javers. Reporter focused on those comments by sean spicer, Board Air Force one today talking about a border tax. Let me tell you whatson spicer said this afternoon. If you tax the 50 billion at 20 which is, by the way, a practiced that 160 other countries do by doing that we can do 10 billion a year in tax revenue and easily pay for the border wall just through that mechanism that is a 20 tax on imports. That comment got a lot of attention this afternoon just a few moments ago. Sean spicer invited a few of us in to his office to clarify those comments. He wanted to emphasize that his comments were not prescriptive. This is not saying what our plan is. Hes saying this is just one of a number of options. And, in fact, the white house chief of staff Reince Priebus
Im sara eisen. And im wilfred frost. Its Throwback Thursday. Were throwing it back with some onehit wonders. Mambo number five playing there. I forget who sang that. Lou vega ive just been told in my ear. Im pretty sure in the u. K. They had more songs out. That would still be a onehit wonder if it didnt make it over here. No offense. There we go again. America is better than britain. I agree, sara. Happy Throwback Thursday and last day of the First Quarter. Indeed. And some great onehit wonders coming up. I know we cant talk about that the whole way through. But i am excited. Well switch to markets and have a look at u. S. Futures. Are we going to end the quarter higher or lower . Well, today at least were expected to take some of the positivity weve seen in recent weeks off the quarters performance. The dow is expected to open down by about 26 points. The s p by about 5 and the nasdaq by 10. Lets have a look at european trade today. Very much in the red as you can see. Germany down 0