Earnings coming down overall and Chinese Industrial Companies Profits down in june feeding into one thing. The secondbiggest World Economy is getting a little bit nervous do you sell commodities . One the biggest demand is of copper. There goes copper. Clearly, this is feeding in and feeling the commodities and concern about china equally we will keep a close eye on oil as well. Oil being sold off. We are worried about supply. More rigs in the United States for the Third Straight week. They are still drilling when it comes to shell despite the concerns maybe iran will be adding to supplies and the middle east and saudi arabia and a supply glut to continue. Demand may be easing when youre the likes of china concerned about the consumer. I spoke to a philips ceo and he is worried about china and volatility in that market area 48 a barrel. Clearly the oil concerns continues. I want to check in on the euro. Walked through the asset classes. Clearly trading up by 0. 4 . Watch of the dollar
Hiltons ipo, the second biggest offering this year. And facebook is joining the big boys club. The s p taps the newest member of the s p 500. Display youre watching Worldwide Exchange, bringing you Business News from around the globe. Its thursday, the 12th of december. Youre watching Worldwide Exchange and its good to talk. Well, not always. Coming up on the show a little bit later, 10 40, youve got to tune in as we talk to a car pooling company who puts commuters together based on how much they want to chat. How that works out, i have no idea, but well find out. Stocks in the u. S. Have had their worst day in more than a month ahead of next weeks fed meeting. Are we at a Tipping Point . Has santa disappeared . Well be over in boston for a view on what happens next at 11 30 cet. Ten minutes later, we take you for an interview with michelin, north americas ceo, pete sellick. Hilton worldwide is making its debut during 2013. But first, russian president Vladimir Putin is currently deliv
There are peoplewere obviously not observing the curfew as it has kicked in. Weve seen the secret service take a number of steps to force these folksback from the white house perimeter. Kevin court is here to catch us up to what we are seeing. This is the time the curfew kicks in but a lot of folks are not complying a lot of people still out shannon, not surprised by that but what might surprise you is even as we move farther and farther away from the white house complex we are still hearing the flash grenades go off. You can almost still feel that theyre trying to push the crowd away from the perimeter. Im going to step out of the camera for just a moment. You can see down the street what looks like fire , personnel fire truck there and i think i see one, two, three or four vehicles that probably belong to the use tree station, thats just a guess but they are obviously staging hoping to get over to st. Johns church. We show you those pictures earlier. TheParish Office, at least a port