Shares in Germanys Thyssenkrupp surge after theyre set to buy them. They go wild for hasboros purchase of pep pa pig at a huge premium. And g7 leaders prepare to meet in france with the summit unlikely to end with a formal communique for the first time in its 44 year history fed chair Jerome Powell is set to address the group at jackson hole later on today. The fomc minutes released this week showed members remained divided over a decision to lower rates by a quarter percentage point but policy makers agreed that the move should not be seen as a signal that rates are on a preset course. Now this morning in europe were seeing stocks move higher as investors await this key speech from the Federal Reserve chairman at jackson hole we have the ftse 100 up 0. 6 the dax up a third of a percentage point and the cac and the italian index also moving higher and in italy were all watching Political Developments there. The president has given the Political Parties until tuesday to try to get toget
Departure. Soft bank looks to create some hollywood movie magic. The Japanese Firm is in talks to buy Dreamworks Animation for more than 3 billion. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. This is a live shot from the streets of hong kong. The hang seng market closed 2 lower after a week of protests on the streets of hong kong. Demonstrators are demanding full democracy from beijing. The Hong Kong Government says it has withdrawn riot police as protests calm down. Eunice is in beijing for us, what has been the reaction there to the protests so far . Reporter well, so far in beijing, mainly what people are seeing is a very controlled presentation by the government of what is happening on the ground in hong kong. Theres been heavy sensorship on the internet where we are seeing instagram blocked, also some of the social media apps, particularly like the messaging and wechat. We are seeing a lot of terms deleted that have any reference at all to
Industry group rather advocacy cause to try to mobilize public support. There is Something Interesting and unusual because we usually think of grassroots mobilization as the purview of citizens organizations, social Movement Groups and what weve seen over the last few generations that turns grassroots participation into a commercial service. Corporations are increasingly concerned about the reputations and Industry Groups often have pieces of unwelcome regulation that they need to respond to they dont want to just rely on inside blogging anymore. Sending specialized lobbyists to washington or sacramento to plead their case. Doing things like providing testimony, doing things like talking directly with policymakers. What these consultants do is within your times columnist has called with my pms is what many people think of it im obvious. They are not your conventional lobbyists that whole feed your lobbyists that whole feed your case in the state capital in washington. They are lobbyist