Demand outlet. We begin with a bshb inbev agre to a deal. Johnson johnson has a mixed quarter. And twitter raising their guidance for the Third Quarter but making job cuts official as well. First up, anheuser busch, inbev and miller agreeing in personal on a deal in which ab would inquire sab for 104 million. That would have about onethird of the global beer market. Its the biggest deal ever in consumer staples. The fifth biggest mma transaction in history. Well see if if happt happens. It probably is going to happen at this point. A couple weeks we will have a definitive agreement what they call in the uk a rule 2. 7 filing. Simply giving us more details on the deal. For most peoples purposes, this deal is done. Lets consider is a done deal in terms of papering. Well see from here some of the more specifics. This then starts a process by which both companies certainly will need to go about divesting assets around the globe. One of the keys, as our viewers know, jim and i talked about
the shanghai market, on the other hand, under pressure today because that growth strong growth in china seems to suggest monetary policy might be under way. that market is under pressure today. the hang seng is up 0.2%. china play is in focus. kospi is up 0.5%. but the strong one weighing on the exporters there, the bombay sensex pretty flat at the moment and the aussie market up 0.2%. as for the cnbc ftse global 300 index, this is how the picture is looking for the index, up slightly 1.6, 4,750. steve. hi, christine. it s really good to see the markets rallying, i suppose. the news on a corporate and economic basis yesterday was very strong. today, once again, good numbers this time from the pharmaceutical sector. not banks or technology, but roche this time beating numbers. as such, you can see the smi and switzerland up 1.4%, doubling the gains we ve seen elsewhere. year-to-date now, the ftse is up 7%. the dax 5.4% and the cac, off around about 3%. nicole, very good to see