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CNBC Worldwide Exchange August 4, 2014

Conducts more air strikes putting pressure on donetsk. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. A warm welcome to Worldwide Exchange. Heres whats coming up on todays show, a gold rush to cut costs. This is australias second biggest gold mine in the country. Also, could a political crisis in bulgaria be putting the trouble of ktb in doubt . And as investors await michael kors earnings, we learn what could be killing the handbag brand . Portugal unveiled a rescue plan protecting taxpayers to leave junior bondholders carrying the can. The countrys biggest lender will be split into a good bank and a bad box holding the toxic assets linked to the business empire. The bs shares are currently suspended after a record 3. 6 billion euro loss was posted last week. The
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