A warm welcome to the Programme Briefing you on all you need to know in global news, business and sport. Also in the programme, the latest Research Says an extra 100ml of sugary drinks a day about two cans a week would increase the risk of cancer by 18 . So wed like to know to what extent do you chose foods or drinks based on health . Get in touch just use the hashtag bbcthebriefing. Armed iranian boats are reported to have tried to intercept a British Oil Tanker near the strait of hormuz before being driven off by a british warship. Media reports quoting us officials said the iranian vessel asked the tanker to stop in iranian waters close by, but withdrew after a warning from a royal navy frigate. Its a strategically very important stretch of water between the persian gulf and the gulf of oman, bordered by iran and the united arab emirates. Peter bowes reports. This tanker, the British Heritage tanker was passing through the area. It was about to cross the strait of hormuz when there
Kudlow, im larry kudlow. Two major stories breaking just hours ago. First congressman mike johnson becomes the new House Speakerelect with 220 votes amid republican jubilation. Mike johnson gets the comeback player of the year award, and israeli Prime Minister Benjamin Netanyahu announcing that a ground incursion is indeed coming. The u. S. Objections notwithstanding. Our own Grady Trimble and Lucas Tomlinson are standing by to take us through both stories. Gentlemen, thank you ever so much. First up, lets to straight to fox business, Grady Trimble live from capitol hill. Grady we have a new speaker and a gop comeback. Tell us about it. Reporter yes, larry. It took three weeks and four options for House Republicans to find a new speaker but once they did they wasted no time swearing him in, passing off the gavel and putting now House Speaker Mike Johnsons name up above the House Speakers office in the Capital Building . Every single republican voted for johnson today and that is someth
City this morning, good morning. For our audience worldwide, this is bloomberg surveillance coming in to wednesday with the nasdaq at alltime highs. Equity futures just about positive. Your lineup looks a Little Something like this. Cpi data in america alongside u. S. Retail sales Neel Kashkari, nikki bowman with a lot to say about this inflation backdrop. If they really want to give some sort of hawkish message this market is not listening. They want to rally on the disinflationary pivot regardless of the data it gets. Fed chair powell yesterday coming out saying hes less confident in the disinflation narrative we are seeing near alltime highs in a massive rally in bonds. The consensus is overwhelming. I was going through the estimates. 68 estimates into the survey. 63 of them have put down 0. 3 percent for core cpi. Annmarie we also have retail sales which a lot of people are saying might be more important because we get three point whatever it is on cpi. The fed needs to see consist
Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Im Contessa Brewer in for sara eisen welcome back from texas thank you had a great team with me a lot of stories to cover. Hope you had a relaxing weekend off of what was a busy week lets look in on the Global Market picture comes off a pretty decent end to august when you consider the amount of negative news markets werent under pressure as much as perhaps the headlines for the month may have suggested a slightly positive day towards the end of last week markets in the u. S. Were closed yesterday for labor day. Theyre starting just in negative territory we were not negative around the world today, but we were negative a bit yesterday the dow down 42 points or so in the premarket. Tenyear treasury note for you which has been stuck below the 2. 2 level, had a belief flirtation below 2. 1 , but at the moment back in the middle ground between the two handles, 2. 15 . Lets look at asian equities now. Acraoss the board a mix
From the Retail Sector today. Nordstrom after pressure after it reported its numbers. Jc penny reports its results and sales from the governmentment we will tell you what to expect. Lauren show me the money, offering incentives to bruise up stores, whether he take a look at that story. Nicole San Antonio Spurs to close out their series and in baseball the Houston Astros nail the yankees with final out at home base. We will give you all the sports highlights. Lauren 5 01 in new york, tgif, happy mothers day for sunday, welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Nicole breaking news overnight, bilateral trade agreement by china under the agreement that china will open borders to the United States and ending a ban it imposed in 2003 after a case of mad cow disease in exchange the u. S. Would allow cooked chinese poultry and would allow to ship liquefy natural gas and trying to return to natural gas as a way to reduce itself from c