Pulse. I am manus cranny. A deal on Irans Nuclear program is done. I wrote middle east editor Elliott Gotkine is standing by. 18 days, 100 pages. What is your feeling . Elliott lets not forget as they have been negotiating in other places as well such as switzerland for almost two years and a standoff on Nuclear Programs for a dozen years. A major breakthrough. A deal has been done. We are expecting an announcement in to ours two hours time and we will get more details about what is in it. It will have wide ranging ramifications diplomatically economically especially for iran. And also regionally here in the middle east where there will be unhappy faces to say the least at the prospect of an agreement with iran over its Nuclear Program. Manus a myriad of Global Voices coming through in terms of reaction when we get the details. Our viewers can see elliott while pictures are coming through. We are seeing vienna where the talks have been discussed where negotiations have been taking plac
An historic and agreement on Irans Nuclear program. The u. S. And other global powers will ease sanctions that have crippled irans economy. That is likely to lead to iran selling more oil, sending the price of oil down by the most in a week. It will have a 60 day review by congress. Israel says it will lobby american lawmakers to reject it. We will hear from president obama in about an hour. You can watch it on bloomberg tv at 7 00 eastern time. Greeces Prime Minister will not be able to count on his own coalition to support pension costs and tax hikes. Tsipras admits the austerity measures to Parliament Today will be set for tomorrow. Lawmakers must approve the legislation before talks on a new bailout. Paul krugman told Bloomberg Europe wanted to less screen to let greece no who is in charge. Paul krugman this is not about how much greece is going to repay, it will be about greece suffering. There is no escape. You do not get away from anything. And greece has made it clear that they
Watch out, everyone Varney Company is about to begin. Right this very minute i know, i know we need a Little Christmas we went there, Christmas Music in july. Amazon walmart and a whole lot of others offering a big day long big deal sale day today. Weve got the bargains for you and well show them to you throughout the show. Yes it is basically christmas in july is it not . The big retailers are out there trying to drum up a whole new selling day. This could be sort of a retailing revolution christmas in july. Lets see how big this thing really is it could be a ginormous online event and weve got it for you. And donald trump, can you imagine this . Donald trump leading the latest poll, ahead of jeb bush 14 , and scott walker 8 and the rest trail way behind. Mary kissel is with us the editorial board. Like him or not, i think not. Hes shaking things up. He is. Hes the greatest gift of the democrats since todd aikens, stuart. Hes wrong on his facts. The way he has characterized oh youre g
Welcome to countdown, i am anna edwards. It is 6 00 here in london this thursday morning. We have Many Companies reporting here in europe today. Lets get to the first of those major names, and that is the german industrial giant reporting numbers. Caroline has a breakdown for us. Caroline we are starting on a high note it would seem. The morning to you. It seems that the industrial profit is 1. 8 billion euros a month that is more than expected. They are reiterating the fouryear forecast to drive that profit up to 11 in terms of margin. They want to attain a target of 11 profit margin in the industrial business. They are seeing that being reiterated. Also confirming the forecast for at least 15 next earningspershare growth. They have a backlog of some 110 billion euros. When you look at overall sales they are coming in line. 18. 8 billion euros, that is in line for thirdQuarter Sales. An net income is a big beat. We are seeing profits being sales. They are grossing an overall industria
Interviews coming up over the next couple hours. Have ago. Francine we have a lot of earnings. Descalzi,o, claudio about 10 minutes from now. Accors ceo will talk to us at about 10 30. Stay tuned for all of this. Manus shell is cutting 6. 5 thousand jobs, reducing investment by 7 billion. This comes as the slump in crude oil prices continues to take its toll. Francine the company is planning for a prolonged downturn despite an earnings beat, reporting a secondquarter profit of 3. 8 billion. What the oilws price is going to be. It will depend on how demand will grow for oil, how supply will shrink. Run, weve in the long will see Oil Prices Back into the 70 and 90 range. Manus lets speak to bloombergs chief energy correspondent, javier blas. Protecting the dividend, cuts, what did you make . Have you main take away is a change of language. Three months ago, it was about going back to 90 in three years. Now they say, todays oil price will last for several years. It is a significant change