World business report. Over a barrel. Can opec fire up the price of oil without fuelling its us shale rivals . Plus no rupee regrets. Indias Finance Minister defends his decision to scrap the countrys most popular banknotes. He tells us why the days of cash in hand are over. Welcome to World Business report. Im sally bundock. Also coming up a record close again on the s p500 how are markets trading in asia . Well be getting the latest from the region. We start with the price of oil. It affects us all and its future direction could be decided later today at a meeting of the worlds top producers. We are talking about opec, the organisation of the Petroleum Exporting countries. Thats the Gulf Countries led by saudi arabia, as well as others including iraq, iran and nigeria. They have been joined by non opec member russia and they are expected to announce a deal later today to try and push Prices Higher. Lets show you the details. In December Opec and non opec countries agreed to cut produ
In sport, Manchester United have won the Europa League for the first time. They beat ajax 2 0 to ensure their qualification for next seasons Champions League. And carol has the weather. Good morning. Yesterday was the warmest day of the year so far and todayit warmest day of the year so far and today it will be hotter. For many of us, a lot of sunshine after the cloud this morning but there will be a few exceptions will top we will tell you where in 15 minutes. First our main story. The investigation into the Manchester Bomb Attack continues. Police are searching for a network linked to the attacker. Lets bring you up today with the latest developments. The identities of two more victims have now been confirmed. They are 17 year old Chloe Rutherford and her 19 year old boyfriend liam curry. Late last night there was another arrest in nuneaton, while a woman arrested yesterday has now been released without charge. Overnight, police carried out a controlled explosion during a search of a
For the first time, bill cosby talks to reporters outside of the Montgomery County courthouse. His message to his supporters has the jury and his trial wrapped up another marathon day without a verdict. Im Natasha Brown and for Ukee Washington im jessica dean coming to you live from ambler for cbs3 summerfest, well get into all thats happening in ambler in just a moment. We got developments in the cosby case, we now deliberations will go into the weekend. After more than that 50 hours of deliberating. The jury wrapped up for the night and for the first time during this trial, bill cosby is speaking out. Greg argos is live outside of the courthouse in norristown with the latest developments. Greg . Reporter natasha, good evening, most nights as bill cosby leaves the Montgomery County courthouse he may acknowledge supporters with a shout or a wave. Tonight, he held an impromptu press conference. Over the past 12 days we have not directly heard from the defendant himself. Calm down. Calmi
Powerlines and lightning sparks fires. Tonight the cleanup is under way. Im ukee washington. And im jessica dean. Authorities in Chester County say five homes were struck by lightning. This one of the homes believed to be hit. Since there are no fire hydrants in that area, firefighters had to get water from ponds and water tankers were called in to help. The owners were away at the time. A house sitter escaped unharmed. Also in Chester County heavy winds knocked over trees and powerlines. This was the scene in devon. Lauren casey has a closer look at where the storms hit hardest. We had numerous storm reports. You can see all of these symbols indicating that tree kind of falling over the house, that is indicative of wind damage, whether that be downed powerlines, downed trees or structural damage. You can see how many we had when those severe storms came rolling through this afternoon or evening, we saw a few homes hit by lightning unfortunately in Chester County as well as ocean count
Story, the search for a teenager disappeared while swimming. Im ukee washington. Jessica has the night off. Police in hamilton to township Mercer County are calling the search and rescue a recovery operation and the search will resume in the morning. Two teenagers went missing swimming in a marshy area this afternoon. One of them was able to get out of the water and police tell us the missing boy is 17 years old. Tonight the cleanup is underway from a severe storm that rolled through the region. There is plenty of damage as a result. Eyewitness News Reporter alexandria hoff is in northeast philadelphia with the details. Reporter ukee, were here at roosevelt boulevard where we did notice all of trees blew over in the same direction. Not great news for the homes that are situated right here but many expressed gratitude they did not topple into traffic. Severe weather moved quickly that aint no joke in the citys logan section an enormous tree was up rooted pavement and all. It was like bo