Thats something to behold. Its hadding the lowest level since march of 1999. Right now well take a quick look at my board, which is current. I can see it down 4. 13 i say that because ive been practicing waiting 12 seconds to get a quote on something that im trying to give you instantaneously. Now im back on the nasdaq and i can actually see it. The coronavirus pandemic has sapped demand for oil and global storage is rapidly proefing capacity the world is running out of room on ships anchored at sea the may futures contract for wti expires tomorrow looking out to june, the situation isnt quite as dire. Its back to more of what were used to, kind of, at least in the last couple of weeks as you can see there, june delivery under 23 a share meantime, an update now on the pandemic as we bring you the numbers as we do every single morning. Here are the latest numbers. Global cases topping 2. 4 million now with 165,000 deaths. Now, the u. S. Cases nearing 760,000 with more than 40,000 deaths
As they warn that trade in china is not recovering as quickly as hoped. Shares in vw rally to the top of the dax today after the car makers new ceo vows to wrap up a recall of vehicles effected by the emissions scandal next year. Midweek in the markets. So we get to talk about beers, dont we . Its a little bit early but theres a big takeover battle brewing right now. Sab miller and ab imbev. This is the third attempt to try to buy up sab miller. They have a 34 premium to sabs last close when they first made this announcement to the markets. We have gains today up 3 so far. And actually ab inbev seeing good gains as well. Its hoping to get lucky with with an improved public offer for rival sab. They have offered 42 pounds a share for the british beer and that represens 44 premium to sabs Closing Price on september 17th. They rejected the two offers by the way at 40 pounds and 38 pounds a piece but the major shareholder is urging the board to try to accept todays offer and it is going to
David, what do we have so far . From the ings shanghai fda did confirm the factory in shanghai did tamper with the production dates of some of the meat pies. E mean the pattys that go into the burghers. Chicken must have had a hand. Chicken was taken off the enu here in hong kong. We are seeing the postgame account, these are processing plants in china that have export license to export to other places. Now what they found as i mentioned is that they did tamper with the production dates. Almost 70 of the repackaged pies have been sold to the market. That s yet Parent Company runs this and nine other plants in china said full recall all products sold from this specific plant in china. We want to rebuild the trust of the customers and cooperate with the fortunatelies. We are compelled to withdraw all products manufactured from his specific facility. Give it back. Dont sell it. In hong kong they are in even more hot water. Yeah. It is a tricky p. R. Mess that they have gotten themselves i
Former Vice Chairman of the Navajo Nation Edward T. Begay has died at the age of 87. In the 1980’s, Begay presided over the legislative branch during some key moments in tribal government.