The expenses are by 18 in the quarter. We are very much investing in r rand d. Nestle posts a sales miss in the First Quarter with prices weighing on the consumer. And meta shares sink in the trade despite the beat on earnings as Mark Zuckerberg rekindles fears of a. I. Spending. We have shown we can build leading models and be a leading a. I. Company in the world. Welcome to street signs. We start todays show with the acquisition news bhp confirmed it made an offer to buy london listed Anglo American with the Share Capital of 31 billion pounds Anglo America is looking to review the offer a significant potential deal here we have karen tso joining us karen, outline the potential deal we had this discussion a few years ago. We were all puzzled. We were staring out into the abyss looking for the acquisition. Something changed last year. The san pcompany is preparing fe future copper is no longer discussed as dr. Copper it is now dr. Green in the Energy Transition and future tre trends co
Continues over rum. We went to cuba to try to understand more about the rum war, and found out its complicated, and you need to pull up a seat and make yourself comfortable to try and figure it out. Thousands of people line up every day at shake shack, the burger chain danny meyer created. When we were at one of them, the wait was almost an hour. Is it worth it . Its very good. Really . Yes. Its burgers, its fries and its shakes; you havent reinvented the wheel here. We are as, sometimes as mystified as anybody as to what the magic of shake shack is. Mostly, danny meyer is an innovator. Welcome here. And the newest changes hes pushing may radically alter the way restaurants do business. Get your win on with the cricket unlimited 2 plan. Get 4 lines of unlimited data for 100 a month. Plus, switch now and get up to four free lg fortune phones. All on a network that covers over 99 of americans. Cricket wireless. Something to smile about. Do you like freshly steamed lobster . Do you like t
We went to cuba to try to understand more about the rum war, and found out its complicated, and you need to pull up a seat and make yourself comfortable to try and figure it out. Thousands of people line up every day at shake shack, the burger chain danny meyer created. When we were at one of them, the wait was almost an hour. Is it worth it . Its very good. Really . Yes. Its burgers, its fries and its shakes; you havent reinvented the wheel here. We are as, sometimes as mystified as anybody as to what the magic of shake shack is. Mostly, danny meyer is an innovator. Welcome here. And the newest changes hes pushing may radically alter the way restaurants do business. Get your win on with the cricket unlimited 2 plan. Get 4 lines of unlimited data for 100 a month. Plus, switch now and get up to four free lg fortune phones. All on a network that covers over 99 of americans. Cricket wireless. Something to smile about. Do you like freshly steamed lobster . Do you like the word and . Then y
Unicredit reports its highest Fourth Quarter profit in a decade and rolls out its first Cash Dividend in half a decade. Shares in swiss re spike nearly 6 at the open addres ja softbank looks to invest in the insurer. Insurance is finally a very interesting industry its in a transformation its in a radical revolution the parameters that run the industry and constrained the industry for years no longer exist. And chinese imports surge in january and contributes to the yu yuans worst day in 2 1 2 years. One of the big stories, softbank in talks with swiss re about taking a stake in the company, that sent shares close to the top of the stoxx 600. The deal could be worth around 10 billion and would give the Japanese Firm a onethird stake in the reinsurer swiss re said the talks were at an early stage and theres no certainty any transaction will be agreed. Doesnt seem like investors are seeing it that way Zurich Insurance reported fullyear net profit ahead of expectations the figure came in
See its the ace of hearts s that embedded on the cards when something is coming in the future, its in the cards. Im sara eisen im wilfred frost were continuing our iciness from power lunch. Its warm and loving i missed you in the early mornings lets check in on the Global Market picture futures, coming off a decent day yesterday. Small gains led up by the nasdaq tech sector, the best performer in the s p positivity despite negative headlines in the course of the week the dow 45 points higher the s p 5. Nasdaq 15. The real take away, the dow and nasdaq in positive territory for the month of august. The month thats been framed by commentators as being negative, showing signs this market is due a pull back, yet we are positive for those two indices for the month. 8 out of 11 sectors are negative for the month of august, utilities is the best performer, the boring safe haven sector which points to the fact that its not been a gang buster month. Not to pick on you too much, the dow is up 0.