Donating to the campaign and haring messages. Bloomberg today. Im mark crumpton. This is blemplingt bloomberg west is next. This is bloomberg. Bloombergwest is next. Emily im emily chang and this is bloomberg west. Coming up, twitters longawaited antiharassment tool. Does it do enough . Us spot iffy and its longstanding feud with apple. Can consumers get caught in the crossfire . First to our lead. A 4. 3 billion conclusion to the yearslong question, who wants o buy the Cloud Company lack space . The company apollo. Paying a premium over before takeover talks heated up this month. All the details from North Carolina new york. The talk did, m a talk around rackspace has been going on for years. What did 2 take to get this to this point . Youre right, this has been floating around for quite a long time. They were in highflying, rapidly growing company. En a. W. S. Steps in in 2013 and they cut their prices seven times that year and it became clear that rackspace just wasnt able to keep u
Death the interior minister. It is a protest over mining laws. And next month Vice President biden will hit the road to campaign for hiring clinton. The president will also be in philadelphia september 13. Both are critical battleground states. And Donald Trumps campaign now has its own mobile app. Users can earn point by donating to the campaign and sharing messages. Global news 24 hours a day powered by over 2600 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, twitters longawaited antiharassment tool. Does it do enough . Plus spotify and its longstanding feud with apple. We had to new zealand to hear why he wants the next chapter of his legal fight livestream. A 4. 3 billion conclusion to the yearslong question, who wants to buy the Cloud Company rackspace . The company apollo. Paying a 30 premium over before takeover talks heated up this month. All the detail
Im anna edwards. Im rishaad salo. Anna fascinating markets this factor we increasingly in less chance of a fed Interest Rate hike in september, that seems to be many of the equity markets are basing their move on. On throughnvestors where we have been. The asian stock market picture. We have the hang seng up by 3 10 of 1 . The asiapacific up by 3 10 of 1 . We have the aussie dollar up by half of a percent. The Australian Dollar increasing even before we got the Interest Rate decision, increasing for a sixth day. No change from the rba. We will discuss that a little later. 1. 9 as markets weigh up this commentary and agreement of sorts between russia and saudi arabia. We heard about it in the middle of the european trading day, but markets talking about those efforts to stabilize oil prices. 1326. Ice is stable at lets get the first news. The Australia Central Bank has kept Interest Rates at hold as they await the u. S. Federal reserves next move. The board left the cash rate at 1. 5 .
The hang seng was up about half percent. And the shanghai up about. 6 . The European Equity markets. This is the early trade. Relatively flat. The dax is flat. Cac is down less than. 2 . The ftsi up about a. 25 . And the italy index about 1. 5 . And spain just over 1 . And up about 0 30 cents. Brent up about 33 cents. Couple of big stories this morning. Bp reporting overnight. Quarterly profits dropping 80 . That topped expectations, oddly enough. The company says it now could cut Capital Spending further as a result. Ceo expecting prices to recover towards the end of the year as pruszers stop work on fields and demand strong returns. Also dupont is raising its full year guidance. The chemicals and seed producer planning to merge with dow chemical but last year regulators needed more time to review materials related to the deal. And today were expecting results from dow components 3m, numbers from Pharma Company eli lilly and hear from its chairman and ceo at 7 30 eastern time. And fac
Countdown a warm welcome to a warm welcome to countdown. Most of us think we know stories that could be made into a movie but what are the secrets of successful finance for film. The producer of a new film will be joining us for an interview and our playbook conversation. Intoll give up his insight the realities of getting a great idea onto the big screen. Lets get to our top story, a new era for oil. Opec refused to yield its production and it is having a Ripple Effect across global markets. Asian airlines gained as our prices helped reduce yield cost and most emerging yield costs fell. Some opec states are using the price war to challenge nonmembers especially shale drillers. He caught up with him just after the decision to make output targets. Can you give us your view of the decision and a little bit of a deliberations. Every buddy has responsibilities but it was felt that maintaining the level would apact and would produce reduced decline. And what about venice where the argument