The new company will be the second biggest in the global oil and gas industry. The sale price represents a 50 premium above bgs Closing Price. The way we would look at that is if you look at the carbonation of the companies what we could do with the assets that bg has, we saw a lot more value in that combination. Matt it is the industrys egg is to deal in at least a decade biggest deal in at least a decade. Some Traffic Controllers are not showing up for work. About 40 of french flights are being canceled. Air france says most of its longhaul flights will take off as scheduled. Saddam chicago voters are giving their mayor another four years. At rahm emanuel one a second term. He says the battle will make you more effective. Will make him more effective. To all the voters i want to thank you for putting me through my paces. I will be a better mayor because of that. Matt the challenge from a fellow democrat was a rarity in chicago politics. Rahm emanuel must tackle crime in education pro
But i dont know if it was coincidence or not. Ever since the apple watch was introduced, they brought out everything else. As soon as the watch came out, the stock started to fall. Last i saw it was down about 1 probably off the lows right now. Everybody was waiting for the watch. They got a bunch of other things. They got this research kit which is very interesting. On health. An accumulation of information that crowd sourcing of medical information that people can share. This one app that is going to be on the Apple Technology the operating system. And then the new mac which got your attention. Because it was gold. You know how i feel about gold devices. People noticed who were watching this tick by tick moves of the stock that thats when it hit the high for the day and then came back lower. Once they actually started to talking about what the event was about to begin with the apple watch, we got pricing, the 18hour battery life. A lot of details from apple and well keep you apprised
Indepth interview with intesa sanpaolos ceo, the head of italys secondlargest bank. He is on the hunt for acquisitions. Now i asked him about his potential partner. Carlo if you want to top the asian margin tap the asian market, you need a good brand. That is the reason why i am looking a possible acquisition of an International Brand. I am growing in such a way that i tonight not need to, an extra engine for my growth, but the strategic target could be to have an International Brand in order to tap International Diversification. Francine basically a brand name more than operations. How big does it have to be . Is it something everyone recognizes . Carlo there is a point on the total amount of Market Capital for the possible target, because the reality, you can have a wellrecognized brand that has a market cap that could be higher than all of my prior breaking Division Banking division. I want to have the control of this entity so the target should be in the range, my Banking Division
Deal that could see it move its offices overseas to cut the Corporate Tax bill. Shares in london, meanwhile, sink as that firm has been lined up as a potential target instead. Announcer youre watching Worldwide Exchange. Bringing you Business News from around the globe. And a warm welcome to Worldwide Exchange. And a warmer welcome to sri. Thank you, julia. Great to be here. Well, england is still in the running, arent they . We wish them all the best in the world cup, but there are bigger fish to fry, arent there . Of course. Well talk about the tail risks. And russia and ukraine are still proving to be an elusive deal yet on the gas pricing issue. And can the markets really climb this is the big question as they have done in the past with syria and the ukraine crisis. Or is it going to be the catalyst . We have a guest coming up who believes this could be the ultimate catalyst for a 10 correction in the equity markets. So well be talking about that later on today. But for now well ge
This is real money, and you are the most important part of the show. So tell us what is on your mind by tweeting us at ali velshi. Tonight we can report that when it comes to oil and Gas Production the United States is now number one. According to a new anal his issued by bank of america, total ou output exude exceeded , and beating out russia and saudi arabia. The bank of america report comes on a similar analysis from the energy agency. This is all great news for the economy. Huge advances going into shale, and using fracking changing the economics of oil and Gas Production. Natural gas prices in the United States have fallen by twothirds since 2006, and that has helped the u. S. Energy Lower Energy Costs and boost activity across the sector by tw two or three percent. Texas has been extracting more oil out of the ground since the boom of the 1970s, and for the first time the oil fields in north dakota are producing over 1 Million Barrels a day. But americas oil boom appears to be do