they did thank david knox for his leadership. the chairman will be executive director and david knox will be staying on while the search for a new ceo gets underway. he has presided over a pretty awful half. profit down 82%. this time last year, $206 million. this half, $37 million. a huge fall. this halfer barrel compared with $115 a year ago. they are really getting pounded by the oil price. which of course they cannot control. is to focus santos on the things they can control. they are going to be looking at assets ales and cost-cutting. david knox says they are keeping to their plan to cut costs. the markets obviously liking all this talk of renewal. santos shares counterintuitively are up. $.15 interim a dividend as well. rishaad: thank you, paul. my apologies, i said the share price was down. it is up 3.2%. later in the program, asia's positive outlook for the rest of the year. tony fernandes explains why he is smiling. australia's largest drive it goyderemployer, richard is live with us on "trending business." ♪ biggest au

david knox has been at the helm since 2008 and is resigning today.p, investors rushing to gold amid a selloff --, but ourcome next guest for predicts a dull finish. . ♪ shery: checking stories making thaiines around the world, police have cleared two men of involvement in the bombing. the main suspect remains at large. authorities say he may be part of a network of 10 people. do want to talk to the drivers of a motorcycle taxi who may have taken him to and from the scene of the attack. china has released pictures of its military drone taking part in a live exercise. the test was carried out in inner mongolia last month. intended tot was widen its abilities to assess target and destroy them. it has been delivered to military clients since late last year. shows july was the warmest month ever in records going back to 1880. land and sea temperatures were .8 above the record set in 1998. in addition to setting a record, the first seven months of the year were the warmest ever, and 2015 is on course to break the marks from last year. a decline in world te