For luxury goods from britain is being turned into an upmarket hotel in the middle east. In the wake of the story that two girls have been grounded by United Airlines for wearing leggings we want to know has the airline gone too far . Or is it reasonable for an employer to dictate the dress code for the family of employees . What do you think . Let us know using the hashtag bbcbizlive. Welcome to the programme. Lower oil prices might be good for consumers it keeps Energy Prices down as well as transport and distribution costs for businesses. But its not good for Oil Producing nations. And this weekend, many of them met to discuss what they can do to boost prices. One option is to cut output again. When supply falls, prices tend to rise. Oil prices rose sharply when producers agreed to cut production in november and whilst prices held up for a while theres been a drop of around 10 in the last few weeks. And that can have a huge impact of the economies of Oil Producing countries. Many re
It on the line for a bid for nationsf the finances. Well have more later on in the show. Im in dubai. David im in hong kong. Midweek session across equity markets. Very upside momentum. Recap what happened on wall street. Impressive rebound there. Is back from the 50 day moving average. Have a look at this, 1 gains in new zealand. Australia is close behind. 7 , a new record for that market as well. The ruby is on the way up. Across the commodity space in china, have a look at this third column, copper is on the way up. Steel is up. 26ve a look at this chart 72 hundred terminal. We are trading above 12. It has been the best three months for this index and chinese stocks in general going back to 2000 days. 2006. It is just two hours away from the opening of the emirates markets are 10 00 a. M. Local time. This is the state of play. Volumes quite light across the board. It is up up. 3 . Bear in mind we did see some notable weaknesses in property stocks. After losingped the bidding war wit
The 100 billion beer deal has been brewing for months is closer now to being a done deal, sabmillers board will recommend that Shareholders Approve a take overby anheuserbusch inbev, boosted initial offer to the postbrexit drop in the british pound. Facebook could you up to an extra billion dollars, a transfer of assets to ireland in 2010 and new york fed is asking the Philippine Central Bank to help recover 81 million stolen by hackers back in february. That 81 million belonged to the bank of bangladesh. Roeuters reports the money was mostly laundered through the casino industry. All right. Tyler, im brian sullivan. Check on your friday, the s p 500 despite that disappointing gdp print briefly hitting yet another new intraday high, it has since pulled back. The magic number to watch for a closing high 2175. In the meantime the nasdaq is trading at a 52week high itself up by big gains in google, amazon, and much more on those names ahead. We are also all over this oil slide. Crude oil
The lower house of Brazils Congress has voted in favor of impeaching the president. Parliament as the opposition achieved a two thirds majority it needs to move the process onto the senate. A simple majority will see her suspended while she faces and a peach mike trout. While she faces an impeachment trial. Ceo stuarttimes says gulliver plans to quit in two years and the bank will first appoint a new chairman to help pick the next chief executive. He took over in 2011 and has scaled back hsbc operations, cut nearly 90,000 jobs under pressure from unhappy shareholders. Stocks have fallen about 16 this year. Regulators are said to be unconvinced. They want the companies to sell part of their network infrastructure. Hutchison will challenge any block in court. You can get more and the rest of the days news on bloomberg. Com. Talks in doha dragged longer than planned, Still Producing no common ground. Alex, why no deal . Alex it was the country that decided not to turn up to this meeting t
The bank. Welcome to countdown. 6 00 here in london. Lets go straight to the asian market story. Biggest weekly advance in six weeks. It was looking like it some of thoseg games early in the session but we have seen a pickup again. The shanghai composite up by around half of 1 . Shanghai headed for a weekly advance. We have had career closing pretty flat. The nikkei closing higher by about 1 10 of 1 . Some good gains australia. Up about one third of 1 . In hong kong, things looking a little bit flat at the moment. , the mood has been a little bit weaker in the afternoon session. Some of the main stocks we have been watching. The league performer in terms of Percentage Points of the msci regional pacific index. That is out in north and south agreed to talks. Sharpton japan having its best to date again in four months after an expected return to profitability. Reports that is going to launch a new budget. Elsewhere, prime primary health care in australia lowered its profit forecast. Look