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to tackling climate change, despite his decision to miss next month s cop27 climate summit. a coin fit for a king. the first 50ps carrying the image of charles iii are struck, and will enter circulation in december. it s redemption for ronaldo. after being dropped for discplinary reasons, he returns with a goal as manchester united progress to the knock out stages of the europa league. good morning. it is a blustery day ahead with a band of rain pushing north and east but most of us seeing some sunshine by this afternoon and still very mild for the time of year. all of the details coming up. it s friday the 28th of october. our main story. the world s richest man, elon musk, has completed his long running £38 billion takeover of the social media company, twitter. there are reports that a number of senior executives have been sacked and escorted out of the company s san francisco headquarters by security. our north america technology reporter james clayton has the latest. whe ....
Tom keene is in new york. We get to talk more theory. Centralbank action. The yen. And oil. Tom it is one of those fridays in august when you look at the big nature and try to stagger into september and 2007. I noticed people really beginning to frame what the hell is going to go on in 2017. No one has a clue. I love the chart john wraith sent in this morning. Well get to that in a bit. Francine lets get to bloombergs first word news first. Here is taylor riggs. Taylor the u. S. State department is admitting that a cash payment to iran was held as leverage to make sure that they would release american prisoners as promised. This is fueling criticism that this was effectively a ransom. Merkelchancellor angela says that conditions to raise sanctions against russia have not been met and sees no reason to lift them. That russias actions in the ukraine thate g20, china says leaders should ignore territorial rising protectionist sentiment in the u. S. And europe. The gathering will take plac ....
Is out, but john, mike, and me, post nine for the hour as the dows trying to repair early damage down about 30 points right now. The big story though, some of the redstone coming out on the battle for viacom. Sources tell us the deal is in place bringing to an end nine months of legal battles. Sumer in and his daughter are coming out on top. The settlement posted three lawsuits under way without putting to test the mental competency which has been called into question. The sources tell us viacoms ceo will step down immediately and coo tom dually will become interim through the end of september. He is not exactly losing. Hell receive a 72 million severance package, and thats on top of 491 million hes brought home in compensation from his past decade at viacom. Now he is among the most highly paid ceos despite the fact that viacom vastly underperformed the s p 500 and sumer in red media giant cbs. He has until he steps down as executive chairman on september 13th to prevent his proposal ....
Morgan stanley calling opec comments the spot behind price gains to put it back in a bull market. About 19 minutes until we close trading in europe. We saw a movement in the pound this morning. Probably off of the brexit news. Nejra yes. We were seeing a weaker sterling anyway, but it has moved even though were about after the news of a potential triggering of article 50. Sterling down 9 10 of 1 at the moment. Also seeing the ftse 100 down 3 10 of a percent. A number of the equity indices moving lower in europe. I want to switch this too sure mosttalys ftse down a 2. 7 , leading the losses in western european markets. Spain and france down lower all is well. The stoxx 600 intraday, down more than 1 . These losses have accelerated a bit since the brexit news. Whether it is down to that or not is the question. But we still see the losses. The stoxx 600 leading for a weekly loss. The rally yesterday, the first in five days, shortlived. Most United States , San Francisco , Jackson Hole , New York , North Carolina , New Zealand , City Of , United Kingdom , Saudi Arabia , East Germany , Theresa May , Angela Merkel , Teresa May , Tom Dooley , Estee Lauder , Megan Murphy , Janet Yellen , Ryan Lochte , Alan Greenspan , Colin Powell , Steve Wood , John Williams , Matteo Renzi , Javier Blas , Steve Bannon , Indian Ocean ,