After the bell as originally expected. Andrew has more on that. Okay. Thank you, becky. Ibm sending out an advisory that plans to release the results of their Third Quarter at 7 00 a. M. Eastern time. Well have details on what the announcement could be because the wall street journal says they will play global foundings to take its money losing chip business off of its hands. So the deal of sorts where nobody is buying something from them but they are paying to get rid of it. Ibm is talking to potential buyers, but buyers is the wrong term. Neither company is reporting on this, but well hear more about that in just an hour. No one is going to pay them for it . Exactly. That is not a good way to get rid of assets, right . Usually you want them to buy it from you. But this one is pretty interesting. And mark andreesse in is stepping down from ebays board of directors. He was central to the battle with karl ikan. He says its the right time. He said andreessen made a lot of money he made a
Production of a half Million Barrels a day by the tomb of president penas end of term and then maybe a Million Dollars a day by 2025. So thats a conservative number in terms of the Resource Base and in terms of what might be possible. Just looking across the divide where technically recoverable resources on the mexican side exceed those on the u. S. Side and the eagleford would not take much if this were the United States to get on shore conventional nonconventional production up to a half Million Barrels a day let alone whatever might be happening on the conventional side. Canadian production is likely to continue. These quasiofficial numbers based on the cap. So current production in canada is roughly three and a half Million Barrels a day. And we can kind of readily project five Million Barrels a day adjusted for where the price of oil may be but theres going to be an uplift as canadian oil reaches water borne markets in terms of the net back price to the well head, even if global p
Progress of biomedical innovation and research. The mexican ambassador to the u. S. Jut lined the decision to allow private Sector Companies into the emergency market during a discussion today. He was among several speakers talking about mexicos efforts to increase gas and Oil Production, which in the last 75 years has only been controllinged by a staterun company. This is an hour and a half. Okay, everybody. Welcome to csis. Happy everybody could get here on such a hot day. This is washington. Its this time of the year, but hopefully the airconditioning will hold out. Delighted to have everyone here. And delighted to have an opportunity to explore this topic. Talking with the ambassador just a few minutes ago, he said you used to have a mexico program. We did. And that was back when she was with us. She did a terrific job of creating a mexico program. We have not really caught our balance since then. We are making up for it today by taking pieces of mexico. We need to get together to
Says the use of force may be needed in syria if a chemical weapon attack on civilians is confirmed. This as activists say that Government Forces continue to bombard damascus suburbs. Good morning, everyone. Youre watching a brandnew edition of Worldwide Exchange. I want to bring you eurozone august flash pmis. We see the eurozone private sector growth beating forecasts in july, for the august number we got the pmi of flash at 51. 3. This is versus a forecast of 51. 2. So that beats expectations. The july manufacturing pmi was 50. 3. The august services pmi flash was estimated at 51. And no, the estimates, sorry, 51. The forecast was for 50. 2. So, again, that looks to be better than expectations and this is, again, an uptick from the month of july. And this comes after we got those really strong numbers out of germany, slightly mixed numbers coming out of france. Joining us from singapore is richard jerron, chief economist at bank of singapore. Your initial response to those numbers .
Deutschland. A pair of u. S. Tech stocks could be in the spotlight today as netflix fails to wow analysts with latest results and investors get set for another quarterly decline in apples profits. Good morning, everyone. It is a brandnew edition of worldwide exchange. And on todays show, Turkeys Central Bank could take steps to ease investors fears in its latest Rate Decision today after a popular protest rocked markets last month. Morgan stanleys head of economics for the region joins us at 10 30 cet. And the bull run is on for u. S. Mna according to a new survey which says co confidence is on the rebound. We bring you the release first on cnbc. Thats coming up in the next hour. And telenora launches a share pieback after Second Quarter earns beat. We get the full story with the ceo live from norway in just under an hour. Netflix shares take a hit. Julia boorstin brings us an exclusive interview with the ceo straight from Silicon Valley at 11 30 cet. And there appear to be limits how