Billion in valuation for the ipo according to sources. They could come as early as friday, as they look for luxury status. Welcome to countdown. I am anna edwards, live from london. It is friday morning. Let us start with the reaction with what the fed had to say in their minutes. We knew what the decision was for weeks. These are the minutes. These are the impacts on the world index, of Global Equities over three days. It shows we saw a rally and global stocks, 2. 46 trillion added to the first four days. Friday is adding into that, the momentum being picked up in asia. A seems patients is having positive impact. Look of the oil price, we are actually back still above 50. We popped above that with the First Time Since july. In yesterdays trading session, and back above now. We have seen the opec secretary general making comments about the oil market. Suggesting that demand will expand. That is the secretarygeneral talking about the demand picture. That takes us to our question of the
Look at oil prices. It has been one of the keys to working out what is happening in the markets at the moment. The oil route continues. I have a wti chart here. In the far righthand corner, we see 34. 59. Arab opeca meeting of members in cairo over the weekend. The Iraqi Oil Minister talking about how we do not need to be pessimistic about oil prices. A similar message coming from the qataris. Spain faces unchartered Political Uncertainty this morning after the Prime Minister lost his majority in an inconclusive election. Thety lost a third uncertainty may see spanish bonds open lower today. Brent crude fell to its lowest level since july 2000 or amid the speculation that supplies pricesacerbate a global are down 37 this year. Iraqs oil minister says oil well bounceback because the current price is hurting reducers. He did not say when that would happen but insisted that market fundamentals are strong. Toshiba slumped the most in seven months. The comments came after the nikkei said to
Sab miller does see solid growth in africa. Youre watching Worldwide Exchange, bringing you Business News from around the globe. All right. A warm welcome to todays edition of Worldwide Exchange. Well the markets had it right all along. Crisis has been averted on capitol hill. And now the senate and house voting to pass the deal nearly at the 11th hour to raise the debt ceiling and reopen the government for now. President obama signed the bill shortly after midnight. Steve handelsman wraps it all up from washington. Good evening, everybody. I want to thank the leadership for coming together and getting this done. Hopefully next time it wont be in the 11th hour. Hopefully next time it wont be be and raised the debt ceiling through february 7th but america came close to default. This was pain infliktd on a nation for no good reason. Reporter the plan easily passed the senate. The motion is adopted. Reporter and the house, where most republicans voted no and the tea party vowed to keep ta
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