Stay updated with breaking news from Snp 500. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
quite good value for money and people think i am insane for saying that but what other eventin saying that but what other event in the world have you got where everybody is watching the same thing at the same time and everybody is talking about the adverts? good to have you with us. let s talk business with me, sally bundock. we start with walt disney because the century old entertainment giant is battling to turn itself around in a fast changing world. disney s shares have lost over half their value since 2021, wiping out around $200 billion, on concerns it s not adapting fast enough to our changing media habits. some shareholders are pushing for disney to be broken up. on wednesday, disney came out swinging, with better than expected numbers and handouts to investors in the form of share buybacks and bigger dividends. it has also announced a big move into the gaming world, buying part of fortnight publisher epic. erin delmore has more. disney says it s on pace to brin ....
they were looking to salvage a terrible financial performance that it has been seen, but also for sony, which is also really facing stiff competition right now in the indian market from the likes of amazon, netflix as well as a potential merger between disney and reliance industries. these two giants were looking to come together and consolidate their presence against this competition, but of course it has now fallen through because there was no consensus it has been said between the two companies and who would lead the merged entity. zee of course wanted its current loss to be leading it. sorry of course had reservations about that because of a number of corporate governance cases that have been pending against him. so despite nearly two years of negotiations and a 30 day grace period, the deal has now fallen through. it doesn t look like this is the end because sony is now seeking a $90 million termination fee and zee has said it will go to the courts as well. we will ....
there were sharp losses in early trading, although banking stocks have since rebounded slightly. ubs is currently up 3.5% let s take a look now at how the markets are performing more broadly. trading began in the us an hour ago. we can see the dow is up, the snp 500 also on 5.2%. in asia and in europe, there was some initial fright taken by investors, particularly because certain bondholders in credit suisse have lost all the value of their investment, but by the middle of the trading day most european indices were trading positively again. now, one aspect of the deal was that any investor holding additional tieri bonds, or ati bonds, in credit suisse will get nothing. that s more than 15 billion euros written off. it spooked the whole ati bond market which is worth more than 200 billion euros. let s discuss this in more details with dan kemp, global chief investment officer at morningstar investment management. why is the burning of these bondholders so controversial ....
let us get down to business. we start with a fresh look at the banking sector and credit suisse in particular. early marketjitters in response to the ubs takeover of the swiss bank have eased. in asia today, most of the main stock markets are higher with japan closed for a public holiday. the major indices in europe and the united states also closed slightly up on monday. credit suisse is one of 30 crucially important banks in the global financial system and many fear its problems are an indicator of wider risks in the banking sector. so far this month, us and european banking stocks have fallen by 22% and 17% respectively, marking the biggest monthly falls since march 2020 when the covid pandemic hit the markets. here s michelle fleury with a look at how investors in new york responded. yes, there was guarded optimism on wall street following the shotgun marriage between ubs and credit grace that was hastily arranged by swiss authorities over the weekend. the dowjones ....
Welcome to the program. At seven in the morning here in singapore and one in slovakia where primary server and critical after being shot multiple times in an assassination attempt he was attacked as he spoke to a crowd to the street after attending a meeting. In the last few hours his deputy is told the bbc that he believes he will survive. A suspect has been arrested. He has been a controversial leader seen by some of his fellow eu leaders as being close to leaders. This was a Moment A European Leader was shot. As he greeted members of the public in front of the local community center. He was shot in the stomach and the arm. His Security Team half dragged have carried him to his car for that a few metres away Security Officials push a man to the ground. The suspect is believed to be in his 70s. Witnesses sa ....