Have built up pretty steadily. There was a gain for wti. Its down a dollar. And heres whats on the agenda economically. Tomorrow, look for july new home sales, followed by existing home sales and thursday, thats why its called weekly jobless cams and on friday, its the second estimate on the Second Quarter gdp. Two for two. Second estimate on the second. First on the first. Third on the third. Symposium in kansas city. Oh, no, its jackson hole. And i guess luhoyia was taken. Hp, tole brothers. And now to the latest on the battle over control of viacom. It looks like this battle is over. And i believe dauman will be sticking around unsill september 16th. And redstone removed dauman from his trust and planned to sell paramount pictures. His daughter largely behind much of this. Hes going to receive about 72 million under the settlement agreement. This was probably the way you had to imagine it went with the redstones owning 80 of the vote. Check out shares of viacom. Theyre up. And final
A warship to russia as planned despite deep criticism from both sides of the atlantic. In corporate news, litigation talks talking its toll on Credit Suisse following a 8. 5 billion settlement with u. S. Authorities. Shares dropping to the bottom in market after a disappointing set of Second Quarter numbers. The failed deal with omnicom is partly to blame. We have been too much focused on the omnicon deal. These certainly generated questions over the daytoday issues. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hi, everybody. Welcome. You are watching Worldwide Exchange for the next two hours. I just want to update ow some flashes were just getting across our wires. Were seeing uk politicians talking, saying that they need to send a clear signal to russia, the world has changed since the recent eu meeting took place. He says expectations have changed and the eu needs to go further. A terrible incident that happened because of russias support for
The indian ocean intensifies. Investors are cheering the head of the Luxury Fashion Group Mulberry this morning. Its down after a major profit warning. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Hi, everybody. If youre just tuning in, thanks for joining us on the show. You can see how the u. S. Indications are for what were going to be seeing this afternoon when the u. S. Markets open. Remember that the yellen effect took hold of u. S. Markets yesterday. Were just seeing markets being called a couple of points lower, if anything, not by many much. Were really interested to see whether this will last or whether its a temporary bleep in the markets, as it were. Our european markets, though, this morning, we were called quite a bit lower. Were hanging on to these losses by a bit. The ftse 100, 6523, off by 0. 7 . Yesterday, you and i on the close were looking at markets that were slightly mixed and cautious trade, as well, ahead of the f