Demand outlet. We begin with a bshb inbev agre to a deal. Johnson johnson has a mixed quarter. And twitter raising their guidance for the Third Quarter but making job cuts official as well. First up, anheuser busch, inbev and miller agreeing in personal on a deal in which ab would inquire sab for 104 million. That would have about onethird of the global beer market. Its the biggest deal ever in consumer staples. The fifth biggest mma transaction in history. Well see if if happt happens. It probably is going to happen at this point. A couple weeks we will have a definitive agreement what they call in the uk a rule 2. 7 filing. Simply giving us more details on the deal. For most peoples purposes, this deal is done. Lets consider is a done deal in terms of papering. Well see from here some of the more specifics. This then starts a process by which both companies certainly will need to go about divesting assets around the globe. One of the keys, as our viewers know, jim and i talked about
Measures he said he supports. After previewing steel and aluminum tariffs causing the stock market to plummet and fears of a trade war to rise, the white house is trying to clear up whether the president will announce the tariffs he said he will announce. His chief economic adviser is threatening to quit or not. His National Security adviser is reportedly leaving, or not. And he misspelled alec baldwin in his first statement of the day which was about saturday night live. In fairness to the president , his opposition to alec baldwin, or alex, seems to be clearing and unwavering which is fine except, remember, Vladimir Putin says he has a missile that can invade nato defenses, 17 people were murdered inside a school two weeks ago, and the stock market tanked yesterday and is down big in pre market trading. So lets start there. Cnns abby phillip for us at the white house. The president all over the issue of trade this morning, abby. Reporter thats right. Hes defending vociferously a prop
On Seoul’s streets today, seeing someone clad in a CNN hoodie, Kodak pants, Yale socks, a Discovery jacket, a National Geographic backpack and a BBC Earth baseball cap may not seem out of the ordinary. The presence of logos from global non-fashion brands, spanning academia, media and sports, in Korean everyday wear seems to be only growing, now including unexpected entrants like arms manufacturer Lockheed Marti.
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.