World business report. Reaching for the sky. Will Rupert Murdochs Takeover Plans for the pay tv giant be cleared for lift off, or grounded . Plus ringgit rebellion. They saw off the speculators and the imf, but 20 years on from the Asian Financial crisis, did malaysias risky strategy really pay off . Welcome to World Business report. Im jamie robertson. In a minute we will have more on the markets, and how they are reacting to rumours of higher interest rates. But first we start with a big day for this man, media tycoon rupert murdoch. He may be 86 years old, but his Empire Building Ambition seems to be undiminished. Today he finds out whether the uk government will let him take over pay tv giant sky, or whether to order a full investigation. So what is at stake . Mr murdochs 21st Century Fox already owns 39 of sky. The price tag for full control 15 billion. Sky is one of europes biggest broadcasters, with 22 million customers. The deal has already been cleared by countries across the
Currently in positive territory. And its been dubbed the uber of data science. Well be talking to a new start up which makes it easierforfirms to hire freelance data analysts. Today as a Cornish Village use their connection with horseracing to convince a dubai sheikh to help save their church hall, let us know whats your best Fundraising Success . Just use the hashtag bbcbizlive. Hello and welcome to Business Live. We start with a big day for this man media tycoon Rupert Murdoch. He may be 86 years old, but his Empire Building Ambition seems to be undiminished. Today he finds out whether the uk government will let him take over pay tv giant sky or whether to order a full investigation. So whats at stake . Mr murdochs 21st Century Fox already owns 39 per cent of sky. The price tag for full control . 15 billion. Sky is one of europes biggest broadcasters, with 22 million customers. The deal has already been cleared by countries across the region. But some claim it would give mr murdoch t
For theresa mays Minority Government, mps will vote on the queens speech later. In half an hours time the culture and Media Secretary will announce whether 21st Century Fox will be allowed to takeover sky. The deal would give Rupert Murdoch total control of the broadcaster. And Dame Katherine grainger, the incoming chair of uk sport, says she has huge concerns about Athlete Welfare. I think there is huge concerns, without a doubt, no one is pretending there isnt. Good morning. Its thursday 29th july. Im annita mcveigh. Welcome to bbc newsroom live. A retired Court Of Appealjudge, sir Martin Moore Bick, will be appointed to lead the Public Inquiry into the Grenfell Tower disaster. The news comes as police say at least 80 people are believed to have died in the fire, but they dont expect to be able to confirm the final number for at least another six months. This morning the Prime Minister theresa may released a statement on the appointment of sir Martin Moore Bick to lead the inquiry. T
Things. Stuart with me, hes not going to get away with it. He says kim jong un should be very, very nervous, china state media says this, if north korea shoots first, china stays out, if america starts it and tries regime change, china steps in. Face to face standoff and thats what investors have to live with as the weekend approaches. The possibility of Armed Conflict with the markets are closed. Each new headline will have new impact. Follow it all minute by minute on Varney Company, the friday edition is about to begin. Stuart so where we are in 28 and a half minutes when the market opens . Slightly higher across the board. Heavy selling from yesterday has not continued so far this morning. But, remember, the duh has dropped just 1. 25 since monday. Here comes a tense weekend, would you buy ahead of that . We shall see. How about the price of gold . Thats another twomonth high at 12. 91. Flight to safety. Oh, will you look at this. Its can you believe this. Jc penny resulted the res
Wait until you hear what jack ma sells on his site to make in the usa. Mark fields of ford. Did trump beat up on true red, white blue, ford a week afford abandoned plans to open as Assembly Line in mexico. We would ask mark fields what would henry ford think of trumps twitter shaming the Auto Industry. You have to hear what he said. It is important. Were still on dow 20,000 watch. Nasdaq is grabbing headlines in the final hour. Tech and health care driving nasdaq to another record high. Will we see three in a row with the nasdaq. Less than an hour until the closing bell. Start the countdown. Liz how long am i destined to drag this dow 20,000 hat everywhere i go, waiting for the moment the bluechips reach the peak. I cant show it raising the hot, that is very bad juju. Theyre superstitious at the nyse. After friday coming tantalizing close to dow 20,000. Were now flirting at session lows. The dow down 5points. Despite a handful of companies boeing on the shopping spree down 57 points. Y