Mission reports of the deal late last week since those report to the stock has shot up 16 percent with a 5 percent bump on monday alone schwab witnessed an 8 percent spike on the news as well. Now were going to transition from the finance world to the world of high fashion levittown Moet Hennessy has announced a deal to buy tiffany and company for a 16200000000. 00 confirming the purchase that has been in the works for a few weeks l b m h will make the acquisition via an all cash deal pricing tiffany at 135. 00 per share all the major lot of the purchase say the acquisition of tiffany will strengthen the mh is position in jewelry and further increase their presence in the United States on the news stock and tiffany is up more than 6 percent while the m h is up a mere 1. 5 percent and were going to move into big pharma now swiss drug maker novartis will take over the Medicines Company in an effort to secure a cholesterol lowering injection called include the deal puts them in a position
Shell just from the. End of this trial unfortunately you. Will still not know all children. This is blue bus broadcasting around the world and covering all aspects of our Global Economy in the 21st century and im fair man to say ok here in washington heres what coming up today a phase one trade deal between the u. S. And china could be on the horizon but we have heard before havent we well jeff. Tucker the editorial director at the American Institute for Economic Research joins us to discuss the possibility and what this is doing to the level of market londons transportation regulator has stressed over them to operate in the j. V. Legal journalist molly barrows hopped in the drivers seat to tell us what this means for the writing sharing giant and more chinese law change companies are issuing their own cryptocurrency rather than focusing on general block applications crypto currency analyst joins us to break down why this might be an issue with a packed show today so lets dive right in
A hostile takeover. According to guidelines issued by the government china said it will raise penalties on intellectual property theft this is an attempt to address a major Sticking Point in the ongoing us china trade war the worlds 2nd largest economy is also looking to lower the threshold for criminal punishments for those who steal i p the u. S. Wants china to crack down on ip theft and to stop forcing American Companies to hand over their commercial secrets as a condition of doing business there the 2 countries are working toward a phase one trade deal theyre very close to signing that agreement a global times also treated china in the u. S. Are close to that one trade deal and China Remains committed to continuing talks for a phase 2 or even a phase 3 deal with the u. S. Earlier today when asked about that trade deal Chinese Ministry of Foreign Affairs spokesperson reiterated china stands on a quality and neutral stance. To moment or. Guarding the china u. S. Trade issue our stanc
multi generational holidays. If you had rain yesterday it is likely it will stick around today as well. The top and tail of the country will see the best and brightest, but they could be some showers around as well. Join me for the details. Its sundayjuly the 28th. Our top story the government is now working on the assumption of a no deal brexit, according to minister michael gove. Mr gove, whos now responsible for planning for such a scenario, said his team still aimed to come to an agreement with brussels, but, writing in the sunday times, he added no deal is now a very real prospect. Our Political Correspondent tom bartonjoins us now. Tom, what does this tell us about the new governments approach to brexit . This is a change of tone, no doubt about that. Michael gove, the man responsible for both planning for no deal, but making sure that the whole of government is getting ready for a no deal brexit, in charge of the Cabinet Office as the duchy of lancaster chancellor. He is sitting