For a good and to phase one talks between the us and china on trade. Its the worlds most Profitable Company and now the oil producer aramco is set to go public. Regulators in saudi arabia have given the go ahead for part of the state owned company to be listed on the Riyadh Stock Exchange in what could be the worlds biggest initial public offering. Our Business Correspondent Katie Prescott reports. Saudi arabia produces one tenth of the worlds oil. Managing that makes this very Unusual Company the most profitable in the world. This flotation has been years in the pipeline. We are the leading company when it comes to energy. We have the highest numbers of reserves, well managed reserves. We are, when it comes to conventional production, we are a major player when it comes to gas and in terms of sharing it with the west of the world, i am sure it will be a positive outcome for the company and we are looking forward to that. The aim is to diversify the saudi economy away from a dependence
Another u turn there. Another u turn there. Another u turn there. Bev and would you welcome another brexit referendum within the next decade. 7 well, according to a new poll, almost half of voters would like to see a return to the 2016 vote. I for one, would not. What do you think. Think. Let us know your your thoughts on all of our talking points this morning thing that brexit referendum is a brilliant one. Its interesting isnt it. Well weve got mock france walls in here, so lets put it to him. Staunch brexiteer and we have we have him head to head with corbyn adviser. With the former corbyn adviser. Hes get spicy. Hes going to get spicy. Thats right. First of all, though, here is paul hawkins with your latest. News with your very latest. News thanks , bev. Thanks, bev. Good morning. It is 931. Im paul hawkins in the gb news room. Our top story this morning. Then the number of uk Job Vacancies has fallen by 66,000. Thats according to the office for National Statistics uk unemployment
Now on bbc news all the latest Business News live from singapore. It is official. Us President Donald Trump tears up the Trans Pacific Partnership Deal and looks to renegotiate nafta next. We just officially terminated the Trans Pacific partnership. Applause. Samsung, a scandal applause. Samsung, a scandaland a corruption row. Good morning, asia. Hello, world. Thank you for investing your time in Asia Business report. Im rico hizon. Its a tuesday. We start off with us President Donald Trump. He has formally pulled the us out of the tra ns Pacific Partnership, has formally pulled the us out of the Trans Pacific partnership, a major Trade Negotiation between 12 countries. It is part of his Campaign Pledge of america first, safeguarding emre can jobs and manufacturing. That is a message he told world leaders. We have more on what he called the captains of industry. Thank you very much, everybody. Donald trump assembled a whos who of the corporate world around the table were the bosses of
Freddie gray died in april after being transported in a police van during his arrest. Investigator determined gray was handcuffed and shackled in the van, but was not wearing a seat belt. Nero was one of the 6 officers charged in connection with the case. Well continue to follow the story all day on action news and online at 6abc. Com. Back here now, the search is on for the person who gunned down a 14yearold boy and wounded two others in chester. Family members identified the teenager killed and action news reporter, Annie Mccormick spoke with his mother this morning and has this report. Police do not think the teenagers were the intended targets. Detectives are expected back out here today in the neighborhood to see if there are any witnesses that would come forward with information. They will be out here to see if there were any surveillance video. Stephanie powell has a message for her sons killer, zenas powell was caught in the cross shooting in chester. Reporter its hard to see m
Numbers. Profits miss estimates by a penny. The massive data breach hang over the stock. Macys downgrade with disappointing results, dicks and urban outfitters. All moved lower. A vote coming for obonomics in japan. And well have an exclusive interview with the ceo of halliburton to buy baker hughes. Revenue above consensus rose better than expected 5. 2 . Retail noting at 28 million and expenses for that recent data breach adding it cannot estimate the total cost of the breach which for the year, about 34 million. Not bad in a tough retail environment. Traffic up. I think what happened is last week macys reported a quarter where they cut the forecast, yet the stock rallied too after being down one. That caused a lot of people to say it doesnt matter what retailers do. Its going to be a good holiday. Gasoline down, employment up means you can suspend what people think. Lots of stocks ran. When you run into a quarter, suddenly we take it into account the way we didnt when macys was stal