Monday cutting the companys expected revenue by nearly 20000000000. 00 saying quote we estimate will reduce production by 30000000000 dollars this year and the next our revenues will be around 100000000000. 00 while way had previously planned for revenue of 120000000000. 00 in 2019 up from 104200000000. 00 in 28. 00. And signs of weakness in the jet in chinese economy that many or it should be doing in part to the lingering trade fight with the United States seem to be driving the slip and Oil Prices Oil prices fell by about one percent on monday on reports of the growth rate of chinas industrial output falling to a 17 year low growing just 5 percent year over year in may concerns about chinese growth appeared to have exerted enough downward pressure on prices to roughly cancel out the upward push late last week in the wake of the apparent attack on 2 oil tankers in the gulf of oman west texas intermediate futures rose by about one percent on friday while brant futures were up by about
This is boom bust broadcasting around the globe and covering the world of business and finance the impact and the impact upon us all im daniel brito in washington heres a look at whats on deck today while prices are in choppy waters with invent some forces pulling prices in either direction in recent days they must lamo think markets is on hand in london to drill through the market prospects for black gold last swine fever continues to spread this time reaching another nation in africa while it continues to roil markets around the world fred kaufman author of bet the farm joins us to sort through the swine situation and later big pharma is back in the headlines of major drug giant pfizer has carried out yet another takeover barrows contributor to americas lawyer is standing by to dig into the details of the drug making deal with the pack show to this lets go and dive right in. The continuing and increasingly consequential effects of a trade war between the u. S. And china on chinese te
Analysts fans want to standing by to help us dig into the point of prosody show today lets go and dive right in. China and russia continue to strengthen their ties at the same Petersburg International Economic Forum and are committed to fostering a deeper cooperation in the face of an increased political and economic hostility from the u. S. This also reflected by the russian president Vladimir Putins comments on huawei who has now agreed to be the leading force for russias development. The situation around wildly for example which is not only being sidelined. Out of the Global Market in some circles it is even more over the 1st technological war to get their own. The u. S. Is blacklist for several Companies Including google and qualcomm from doing business with huawei furthermore the u. S. Is pressuring other countries to pick a side and decide whether or not they will allow holway to help build out their 5 g. Networks warning that their decision will have consequences. And while it a
And signs of weakness in the jet in chinese economy that many are attributing in part to the lingering trade fight with the United States seem to be driving the slip and Oil Prices Oil prices fell by about one percent on monday on reports of the growth rate of chinas industrial output falling to a 17 year low growing just 5 percent year over year in may concerns about chinese growth appeared to have exerted enough downward pressure on prices to roughly cancel out the upward push late last week in the wake of the apparent attack on 2 oil tankers in the gulf of oman what west texas intermediate futures rose by about one percent on friday while brant futures were up by about 4. 4 percent. On. And on hand now to break help us break down all the goings on in the Global Markets and oil trade and perhaps some surprising topics is name shes a market analyst at think markets. Name 1st 1st on oil prices what is your take on the slide in prices thats happening despite the tensions in the gulf lar
Are run across the world this is your r. T. International from the team and myself you know neal hello and welcome our top story the u. S. Has ordered an additional 1000 troops to the middle east as tensions continue to escalate with around washington say the forces are for defensive purposes to address threats in the region. I have authorized approximately 1000 additional troops for defensive purposes to address air naval and ground based threats in the middle east we have received credible intelligence on hostile behavior by Iranian Forces and their proxy groups that threaten the United States personnel and interests across the region what our Senior Correspondent joined me a little bit earlier in the trying to explain the significance of all of this latest deployment. The step itself isnt entirely significant but there have been so many steps leading up to this less than a month a good 1500. 00 more troops was sent to the middle east they had strategic bombers stationed in the middl