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Death a big day in myanmar this wednesday after more than 50 years of military rule the reins of power have been passed to the civilian government. Htin kyaw was sworn in as president. Aung san suu kyi has been sworn in as minister of foreign affairs. Our correspondent is there. It is a landmark event. The moment itself in parliament was quite short, but a huge amount in the countrys history. Reporter definitely an historical day in myanmar, the first civilian elected president ial in half a century and that president tin has just made his first formal speech. It was very promising. There were big nouments in that speech. He said he will try to announcements in that speech. He said he will make an establishment of a Democratic Federal union which means there will be a federation here in myanmar in the future to work on peace and national reconciliation. He said that was very important. What he is trying to do in the beginning ....
Help. Y former cuba leader fidel castro wasnt happy with president obamas visit to cuba. The highjacking having an egypt airplane to cypress in over. The flight was on its way from alexandria to cairo carrying 56 passengers. It was diverted after a man threatened crew onboard. The plane remained at the airport for several hours until all the hostages were released or managed to escape. The highjacker motives remain unclear. Gerald tan reports. Hours after the crisis began, the final few hostages are seen exiting the highjacked plane. One dramatically escaped through the cockpit window. Everybody else used the mobile stairs. They were escorted off the tarmac by police. The highjacker he is believed to be among them. The peaceful resolution was announced. All the passengers along with the crew were released. They are now safe and sound. This is what we worked on at any cost from the very beginning. The highjacking cannot be branded as an act of terrorism. All facts are being analyzed by ....
Big day in myanmar today after more than 50 years of military rule, the reigns of power are being pass today a civilian government. Sworn in as president and the leader of the ruling party will be sworn in as the minister of Foreign Affairs live to myanmar. Reporting. Whats the feeling today . Reporter well, definitely its a big day in myanmar has a new president. Just a few minutes ago, the new president was sworn in here at parliament in a very short and subdued ceremony. I have to say it only lasted a couple of minutes. Now parliament was awe journed for a little bit. Now they will come back together again to swear in the rest of the cabinet. 21 ministers, 18 ministers elected. Three appointed, assigned to the military and thats where there will be a major role because children have foreign passports but she will be some kind of super minister. She will have four ministers posts, crucial ministers posts. Thats why many here wi ....
Lets bring in michael ye and another health care analyst. Michael, first you to. Given the deals that we have seen, not just today but in the past, why do you believe a biomarine or vertex may be takeout targets down the line . Two reasons. One is if you looked at biotech valuations, theyre down 35 off the top in the last 6 to 8 months on political rhetoric that we talked about. So asset prices have come down and become a lot more attractive. The second point is that theres no change to the fact that Big Companies need commercial products and they need pipeline. Thats exactly what youre seeing. And what will those companies have that make them attractive you to or to potentially bottom . Les, we can hear you. Well get to you in a second. What makes them potential buyout candidates . Both vertex and biomerine have real revenue. Theyre out there right now plus pipelines. You get both of those with that. And so both of these companies ....