Being released a white supremacist who kills 51 muslim worship is in new zealand is sentenced. And installed n. B. A. Players looks at returns apply a function on friday on wednesday basketball at a boycott of games in 4 different leagues to protest against the Police Shooting of wisconsin resident jacob like. So the news from the mediterranean this thursday is that turkey has extended its controversial Gas Exploration mission and ordered new navy drills as its dispute with greece need to its turkey describes the planned drills as gunnery exercises but says they are related to its standoff with greece of a potential gas and oil reserves both countries have been holding military drills near an area of. Sea which they both claim and greece is just ratified a maritime agreement with egypt which turkey opposes that theres a lot going on and weve got our team to cover this dominant cane in berlin will update us on the discussions about the developments also weve got cynical c. R. U. Bull bu
Lisa lee. Lets begin with sonali. Wework, not surprisingly, continues. There is a question of who will finance this company and softbank takes control. Trying to get a loan deal done but there is something unique. Please explain. Sonali softbank said we work as the coborrower here. Softbank had become intertwined since they got into this deal. Softbank has been emerging as somebody that banks want to work with, despite the troubles that have happened, they are seeing portfolio companies, something to look out for next year is doordash. Also a Portfolio Company in the vision fund, working with j. P. Morgan for a Credit Facility here. Lisa softbank is listed as the main borrower. I found this fascinating. They are putting their own money and name on the block here. How much of a liability is this for softbank in a broad sense . And isolated case of them bringing it into their purview . Are they going to bring other portfolios in . Sonali we work is a oneoff given how far it has fallen fr
China. Facebook falling. A new report says the social media giant is no longer one of the best places to work. And a strike again. Yankees inking the largest contract again for a Major League Pitcher all of this as Worldwide Exchange begins right now good morning and welcome to the show im dominic chu in for Brian Sullivan trying to snap a twoday losing streak all remain negative so far the dow would open up just about four points, the s p about one point and the nasdaq about seven points pointing to the big fed decision later today. We are seeing some signs here, movement there to the down side 1. 86 . 10year note deals, twoyear note deals ahead there you can see the major board says hang seng up, shanghai compositity up and the kospi about flat for japan in european trade, german dax up 0. 10 . The cac off about a quarter a percent as ftse 100 around flat as well. So the faa is reportedly creating a new Safety Branch to address gaps in their oversight. The faa has come scrutiny for a
Focusing on the hottest commodities with the smartest voices in the business. First, we kick it off with spot on. It is our take on the big story. Its a tale of saudi aramco and chevron. Joining me is our managing editor of energy and of commodities, and rachel in houston. Lets kick it off with aramco. Testing a 2 trillion valuation on thursday, when will we get to know the real market value of the company . Tina weve had two full days of trading now. They went up to their daily limit of 10 and today they went up about 5 . For a few brief hours, they were trading at the magical 2 trillion level. That is the level that the Saudi Crown Prince was looking for. Where do we go from here . Investors have told us they think it will increase by another 10 to 18 in the next week. On the other hand, we got a note today saying get out, its time to sell. Opinions are all over the place. Alix considering the difficulties the crown prince had bringing this close to 2 trillion valuation, its impressi
The window in time for the opposition or dissidents or mr johnsons coalition to legislate a barrier to a no deal brags that mr johnson has given every indication of being dead set on taking the u. K. Out of the e. U. Want to 31st without a deal if the e. U. Does not submit to his demands regarding the socalled backstop on the border between ireland and Northern Ireland some experts on the u. K. s unwritten constitution say the move effectively makes parliamentary prevention of a no deal braggs at nearly impossible the pound sterling was erratic in currency markets on the news with action on the Options Market showing expectations of volatility reaching a new high since the beginning of this year. A us 30 year bond yield fell to a record low of 1. 907 percent early wednesday morning while the yield curve and verging continue to worsen we talk a lot about this to tell inversion as this is a notable and highly watch recession ended. That has correctly predicted the recession the last 7 ti