Now on bbc news all the latest Business News live from singapore. Oil takes oiltakesa oil takes a backseat to security as donald trump makes his first overseas trip to saudi arabia. What happens when a reporter tried to buy a supercarfrom happens when a reporter tried to buy a supercar from this luxury car Vending Machine . It is a monday. Glad you could join us for this edition of Asia Business report. Donald trump has just wrapped edition of Asia Business report. Donald trump hasjust wrapped up edition of Asia Business report. Donald trump has just wrapped up a weekend in saudi arabia. The relationship has been in oilfor the last 70 years. Trumps protectionist policies to support drilling may not sit well with the saudis but it did not top the agenda on this meeting. Earlier, i asked not top the agenda on this meeting. Earlier, iasked if not top the agenda on this meeting. Earlier, i asked if this will have any impact on oil prices. Earlier, i asked if this will have any impact on oi
The greatest show on earth. And cher turns back time at the Billboard Music awards. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im anna marie green. President trump arrives in israel this morning, the second stop in his first trip overseas since taking office. His first stop was saudi arabia where he changed his tone concerning islam while urging Muslim Leaders to lead the fight against radicalism and making no mention of human rights or democracy. Teri okita is in london. Good morning. Good morning, annemarie. In his third day of foreign travel, President Trump now turns his attention to the palestinian contract and whether it brokers a peace deal. He sounded a call for ending extremism. This is a battle between good and evil. President trump used his much anticipated speech on islam sunday, pressing leaders to join Global Coalition against terrorism. A Better Future is only possible if your nations drive out the terrorists
If you check out crude oil, which is probably the biggest market story weve been watching for a week or so crude Oil Yesterday was up slightly to 42. 74. This morning up to 42. 84 youre still talking about wti below 43 a barrel. Americas 34 largest banks did well in the stress test. The results show even during a large recession large banks would be well capitalized and could support homes and businesses when times are tough. The second part of the stress test will be released next wednesday. There are talks about whether things might have loosened up a bit with the fed. Doug parker says he is not happy with Qatar Airlines plan to buy a 10 stake in the company. Parker telling phil lebeau he found out about it yesterday parker telling cnbcs phil lebeau he found yesterdays offer confusing, adding why an airline were aggressively fighting would want to take a stake makes no sense he wonders if the motivations were misguided and ill conceived. They have been fighting over policy in washing
Cheryl the question this morning amazon about to disrupt the world of football. Company putting a price tag for ads appearing on nfl streaming for thursday night. The question is are you going to watch . Lea uber employees are standing for ousted ceo travis to bring him back. Cheryl a big night in basketball as the socalled one and done freshman rule. We will tell you who got the top picks and all the biggest deals that went down. Lea 5 01 a. M. On june 23rd, im Lea Gabrielle for lauren simonetti. Cheryl im cheryl casone, welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Lea weve got a lot for you. At least four republican senators come out against Gop Health Care, rand paul, mike lee and ron son jon said they will not vote for the bill in current form. We are open to negotiation but we want to bill to look more like a repeal. We are afraid that when we read the bill that it actually looks like a reiteration or keeping of obamacare. I
Stocks are rising today as jackson hole gets underway, gaining for the second day. All the gray currencies, or little moving currencies against the dollar today. Sovereign bonds, third column. Wanted to talk about crh. Shares of as much as 4. 7 . Biggest gain since november. It announced the sale of its u. S. Building interior interior building productivity called allied building products. Beacon roofing supply price, 2. 6 billion. It is a chance to cash in on a business that has been more than 20 years expanding by requisitions coming can generate funds. One of the largest u. S. Distributors of construction materials. Separatenced a aggregate for 600 million euros. Shares are up by 4. 4 today. Gdp data out of the u. K. , level of. 3 was the expansion, back in line with previous estimates. Slightly up on the previous quarter. The first quarter. We will talk more about this with our guest in a second. I thought we would look at the ftse. Given the array of plunging share prices we have