Over two days, as the biggest oil etf dumps short dated contracts once again. We will speak about this and earnings with the bpce l, Bernard Looney, coming up shortly bp ceo, Bernard Looney, coming up shortly. Aboutl speak to the ceo the impact of coronavirus and the business shortly. Get to some numbers coming through this morning. We have got numbers coming through from bp this morning. They are talking about how the industry has been hit by supply and demand shock. They remain committed to delivering their net zero ambition. We heard about that back in february or so from the company, from Bernard Looney, the relatively new ceo at the helm of dp. First quarter dividends bp. Dividends, so maintenance of that dividend at least at the same number. Bp saying it had around 32 billion of liquidity available at the end of the quarter. The bp ceo, we are taking Decisive Action to strengthen finances. We have heard about how they will not be taking government money, they want to get through
The u. S. Senate and on this tuesday scheduled to hold a brief pro forma session. No votes are typically scheduled during these sessions. Lawmakers meeting every three Business Days during their district work period and legislative work expected to resume on monday, september 9. This is live coverage here on cspan2. The floor of the u. S. Senate empty on this tuesday morning. The senate remained on their summer break, but during the break they hav had been holdingt are known as pro forma sessions, typically brief gavel in cavil at sessions. No votes are typically scheduled during the sessions, and as we await the start of this pro forma session which was expected to begin at 10 00, we are now 10 12. Live live coverage of the senate here on cspan2. We are Still Standing by with this live picture of the use senate chamber. The Senate Schedule told a brief pro forma session that was set for 10 a. M. Eastern. Obviously running a little bit behind. The Senate State Work Period continue. Law
Ive often thought, was private equity. [laughter] and then i started interviewing. While i watch your interview, i know how to do some interviews. [laughter] ive learned from doing my interviews how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said, fine. I didnt negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate now because being only the second wealthiest man in the world, is that right . [laughter] vasant narashimhan is the ceo of novartis, a major swissbased pharmaceutical company. Born in the United States to indian immigrant parents, he was educated at Harvard Medical School but chose not to Practice Medicine. Instead he chose to go into the pharmaceutical industry and is leading the transformation of novartis to one of the most important pharmaceutical companies in the world. I had a chance to sit down with vas in new york recently to talk about t
In the meantime, lets talk about the price of bitcoin. It has been volatile. Shot up yesterday in a big way and pulled back after blackrock denied the report, becky. Coin telegraph saying u. S. Regulators approved the application for the spot etf. Everybody cheered and went crazy. Coin telegraph later retracted the story and conducting an internal investigation into the inaccurate report. Blackrock reported the application is still under review. Crypto markets have been waiting news for spot coin etfs which are expected to drive investment in the sector if approved. If because we still dont know. Just because blackrock and fidelity are asking for it, doesnt mean the s. E. C. Has to give it. Do i think there is momentum . Sure. It doesnt lead to the situation. The company that put out the story is now conducting an internal investigation which makes you wonder if they suspect somebody was doing this and making trades based on the story. It wasnt how it happened. Was somebody feeding the
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