Shy of expectations. They also snap up a u. S. Cloud company for 2 2. 4 billions. And shares in some of russias Largest Companies fall after the u. S. Treasury Department Issues an oligarchs list that names and shames but does not sanction hundreds of the countrys politicians and businessmen. Happy tuesday morning, willem it hasnt been so rosy when it comes to markets reaction. We saw the first down day in four months in u. S. Trading yesterday with all the major indices coming off a bit dow and s p seeing their worst day since september pulled down by some blue chip names including apple. The picture in europe is not positive this morning. Stoxx 600 is trading down. The ratio of red to green is 8 to 2, i would say. More red than green. Lets get into individual bourses. Again, you can see that european bourses across the board are actually struggling. Ftse 100 down almost a half percentage point similar theme for germany and cac currant as well. Ftse mib is one of the more riskon risko
Ahead of another summit in brussels. The Commission President putting it on greece to come up with a new proposal but no deal is expected today. Samsungs new normal. The south korean phone maker delivers another quarter of week earnings and challenges from elliott adding to the groups problems. Heres whats coming up on tuesdays show. This 42 Million Pound mansion is decked out with a gym, movie theater, and Swimming Pool but how easy is it to find a buyer . We found out later. Plus is a july rate hike back on the table . Find out why starbucks latest move is brewing some rumors and another bump in the road from ubers expansion plans. We have the details on the latest city fighting the taxi app. Lets have a look at oil prices. Brent and wti steadying after trading at the highest levels for quite sometime. Lets discuss that straight at the top. Interesting couple of factors. Yesterday was a generally risk off today. But stats out of opec as well as iran developments. What was the biggest
Governments. Computer says no. A Technical Glitch holds trading for more than three hours. Raising tensions on wall street as details on the outage remain unknown. Air france lands a deal with dutch pilots over pay and benefits clearing the way for its restructuring plan. Hi everyone. Im seema mody. Coming up on todays show movers and shakers as some of the biggest names in business gather in idaho. Well discover what black bustockbuster bids are in the work. Plus would you turn down 30 murder in the Second Degree for a business idea . Well show you what happened with the creators of a dating app appeared on primetime. Chinese security regulator stopped large shareholders from cutting their stake. The ban will last six months with those not adhering to the rule facing punishment. Its up 5. 8 . Martin has the latest for us in singapore. Thanks a lot. Wilfred good morning. Thats the big story here. Limiting big shareholders. 5 or more from selling out for at least six months. Thats the m
Closer to taking over the irish carrier. No signs of a nuclear deal in vienna. Iran maintains its red lines must be respected as iran is prepared to lift sanctions cannot be found. So welcome to the show. Breaking reports from iea. The International Energy agency. Crude Oil Prices Fell to the lowest in nearly three months. We know they say the oil price pressured by rising supply and financial turmoil in greece and china. They say demand growth appears to have peaked in the First Quarter of 2015. They cite factors like greece. Not only with a greek grexit curve oil demand but it could dampen deliveries if turmoil were to spread to other countries but the big headline is iea saying it may fall more around the world. On the demand side two curveballs in terms of greece and iran. Greece to the downside iran potentially to the upside. On supply they say that all supplies surged by 550,000 barrels in june and opec in particular increased because of record high output from iraq saudi arabia
The bailout vote looms. Meanwhile opposition from European Finance ministers. The wall street journal reports the unit group is readying a 23 billion bid for what could be the biggest chinese takeover of a us. Firm. Youre looking at live pictures of brussels where European Finance ministers are aiving ahead of a meeting to discuss the latest bridge financing agreement for greece. U. K. Chancellor George Osborne has just arrived and gone straight in. Its a follow up meeting made by eu leaders. Lets get back to our top story. The price of oil is moving lower against expectations that the six world powers and iran are due to announce they finally reached a nuclear deal. In around 30 minutes time that will be followed by a press conference and well bring you that live when it happens, of course. Brent crude off by 1. 7 . 56. 86. Wti up by almost 2 . Lets have a look at the rouble. That sold off this morning as well. The Dollar Strengthening by. 8 against the ruble off the back of the news.