it rightmove. what's so attractive about the company?— rightmove. seems as though rea _ about the company? it seems as though rea group _ about the company? it seems as though rea group has _ about the company? it seems as though rea group has joined - about the company? it seems as though rea group has joined a l though rea group hasjoined a surge of enthusiasm with house—builders for interest rates cuts but also its the operating model of rightmove, it is the premier browsing portalfor property here it is the premier browsing portal for property here in the uk. even though there had been some concerns about costar arriving on the market as a rival which could challenge the dominant position, it's still getting a lot of eyes on screens and searches, and the amount of minutes spent online is up 25% plus since before the pandemic. that's why we are seeing rea group really interested in rightmove, it says it sees similarities between the two companies. rea group already owns property sites in australia, across europe and asia, so you can see why it mi

rightmove says the offer of £5.6bn — that's 7.3bn dollars — fundamentally undervalued rightmove and itsority owned by rupert murdoch's newscorp, which is reportedly keen to diversify its revenue streams as the newspaper industry continues to decline. the italian banking giant unicredit says it's bought a 9% stake in germany's commerzbank and it's seeking approval to buy more. it bought some of the shares in a planned sale by the german government and bought the rest on the open market, raising the prospect that it's interested in a full takeover. commerzbank�*s shares havejumped by as much as 17% in early trading. amazon web services has announced a planned 10 billion dollar investment to build and operate new data centres in the uk over the next 5 years. the cloud computing division of the internet giant claims it will says it will contibute 18 billion dollars to the uk economy by the end of 2028 and support 111,000 jobs. its soup cans were made famous in artworks by andy warhol but the campbell's soup company is dropping soup from its name after more than 100 years. campbells says it'

. >>> australian property listing site rea is considering a bid for the rightmove. company said it has not approached rightmove, but it would be a transformational opportunity. interesting story with the amount of growth anticipated out of the uk property market. we will see how that story fares out. rightmove up 21% so far this morning. >>> and sanofi's multiple sclerosis drug missed its primary goal in two late stage trials. the drug was found to be no better than current ms drug in reducing relapse rates. however, the pharma giant did say it showed positive signs in the treatment of progressive ms which currently cannot be treated. >>> a very quick look at the asian market picture so far this morning. this has been a mixed trade for the asian markets. nikkei up .10%. for the most part, things had declined with the chinese business activity. the pmi number falling to a six-month low at 61.9. on the other hand, non-manufacturing pmi hit 51.3. expansion territory on that one. again, only just. very interesting as well to keep in touch with the property space. proper

the average asking price has now gone up to £370,759, up 1% on the previous month according to rightmovest. around the world and across the uk, this is bbc news. of 2.7% injuly. the data follows premier li qiang's comments last month, where he said the country will focus on stimulating consumption. thousands of boeing workers went on strike on friday after union members at the firm's west coast factories overwhelmingly rejected a contract offer from the firm, which included a 25% pay rise over four years. asking prices for uk property has risen in september, thanks to political stability after the recent election and falling mortgage rates. the average asking price has now gone up to £370,759, up 1% on the previous month according to rightmove. the rise comes after a 15% fall in august. around the world and across the uk, this is bbc news. you are with business today. i'm sally bundock. if you are watching me before that short break, i mentioned there was a fall in average asking prices for uk houses in august of 15%. 0f for uk houses in august of 15%. of course, that is not the case. th

the uk property listings website rightmove has rebuffed a takeover approach by australia's rea — sayingd its future propsects. rea is majority owned by rupert murdoch's newscorp, which is looking for new revenue as the newspaper industry continues to decline. and — its soup cans were made famous by andy warhol — but the campbell's soup company is dropping �*soup�* from its name after more than 100 years. campbells says it's part of a shift in focus to other snack foods and jarred sauces. it's chief executive mark clouse said "we will always love soup" but "today we're so much more than soup". that's all we have time. stay with us here on bbc news. thanks for watching. hello from the bbc sport centre. i'm pippa horn. now great britain are beginning their davis cup campaign without three time grand slam champion, andy murray, for the first time since his retirement. and an injury for us open semi—finalistjack draper means that they're also without their top ranked player. draper has been unable to recover from a niggle he picked up in new york which has ruled him out of day i of the tie.

the uk property listings website rightmove has rebuffed a takeover approach by australia�*s rea — sayinge propsects. rea is majority owned by rupert murdoch�*s newscorp, which is looking for new revenue as the newspaper industry continues to decline. amazon web services says it will invest 10 billion dollars to build and operate new data centres in the uk over the next 5 years. the cloud computing division of the internet giant claims it will contibute 18 billion dollars to the uk economy by the end of 2028 and support ia,000 jobs. and its soup cans were made famous by andy warhol — but the campbell�*s soup company is dropping �*soup�* from its name after more than 100 years. campbell�*s says it�*s part of a shift in focus to other snack foods and jarred sauces. its chief executive mark clouse said "we will always love soup" but "today we�*re so much more than soup". lets take a look at the markets. investors are finding it a little bit hard to make sense of what that inflation data in the united states means about the united states means about the prospect for a recession and the cost o

why is rightmove so attractive to a bidder?ractive is because it's undervalued if you looks at earnings per share. murdoch's r.e.a. is one of the most valuable in that space rated companies in australia. so they probably see an opportune time to get rightmove at a relatively cheap amount, plus some turnaround impact of possible real estate rebound in the u.k. so that's probably why they're striking now. lizzy: how long have they got to put an offer on? aaron: they've got a put up or shut up deadline until the end of this month. now everyone is aanxious al waitly to see what the next move is. it rio de janeiro relatively early. i think you can tell that by the statement which said we've not made an approach or offer. now in a way you can ask yourselves, how did the market react for r.e.a.? what's the right share doing? that might also influence whether murdoch moves ahead or not. lizzy: how good of a value is it? aaron: if you look at the p/e ratio, it's good, because r.e.o. is looking to do a cash and share offer. their shares

in terms of sectors, we spoken about the rightmove deal having been announced yesterday.argreaves as well. are other sectors seeing a lot more movement? >> i don't think you can really generalize that much from a relatively short span of data observations. in terms of longer-term trends, look, i think people will be familiar with the attractiveness of small pharma companies and tech companies and fintech. i guess what is interesting is a few instances of interest in medium-sized listed companies rather than just small ones. like i said, whether that impacts the aggregate numbers will depend if the trends continue. >> it is fascinating, grant and one we are interested in with the movement. thank you so much for the time this morning. grant fitzner at ons. >>> a quick look at the market and how things are faring. the cac 40 managing to find some gains. that's it for today. thank you so much for joining us here on "street signs." "worldwide exchange" is coming up next. my namee is arabile gumede. you didn't start a business just to keep the lights on. you're here to sell mor

that's according to rightmove . that's according to rightmove.s say the increase, which is double the long term average, is double the long term average, is down to a rebound in the market and easing mortgage rates. despite the boost, there's uncertainty about a potential bank of england rate changes and upcoming budget announcements. now, in other news, the titanic shipyard is going into administration. shipbuilding company harland and wolff has confirmed the business is set to be placed into administration for the second time in five years. its main yard in belfast is best known for building the titanic, with other operations at appledore in england and metal and arnish in scotland , and tito jackson, an scotland, and tito jackson, an original member of the legendary jackson five, has died at the age of 70. a key part of jackson five's success, tito helped drive hits like abc and i want you back, contributing to over 150 million records sold worldwide. fans and families say his legacy will live on, as it will forever be tito time. those are you

, according to rightmove.ong term average is down to a rebound in the market and easing mortgage rates. those are the latest headlines for now. i'll be back with you for a full roundup at 11:00 for the very latest gb news direct to your smartphone, sign up to news alerts by scanning the qr code, or go to gbnews.com forward slash alerts . slash alerts. >> up next, find out how labour are planning to back away from a total ban on the sale of new petrol powered cars by 2030. don't know about you. i think this is a good news at last. >> the first one out this government, actually. >> this is britain's newsroom welcome back. 1038. this is britain's newsroom. >> so we've got a u—turn from the government, actually, one that bev and i might support because ministers are planning to back away from a total ban on the sale of new petrol powered cars by allowing hybrid cars to remain on the market until 2035. >> it might not go far enough, of course, but in labour's manifesto, labour planned to scrap the sale of petrol ca

. >>> shares of rightmove are lower after soaring 20% yesterday. >>> coming up on the show, the one words to know today, plus call it a controversial buying spree. the unlikely buyers on the dozen of all bank deals this year and why it may be cause for concern. our leslie picker is coming up with the details after this break. have you ever thought of getting a walk-in tub for you or someone you love? now is a great time to take a look at getting a safe step walk-in tub. with safe step's standard heated seat and new fast fill faucet, you can enjoy a nice warm bath up to 20% faster! and the convenient touch pad control is right at your fingertips. each tub comes standard with a dual hydrotherapy system. the ten water jets can help increase mobility, relieve pain, boost energy, and improve sleep. while the microsoothe advanced air therapy system oxygenates and softens skin. safe step walk-in tubs are built to maximize safety. so you can stay in your home and enjoy the comforts of bathing again. so call now for more information and a free no obligation consultation. did you ever worry we wou

. >>> rupert murdock urging the rightmove board to engage now. >>> and commerzbank and unicredit comeo the negotiating table. the shares in the german lender continuing the uptick after hitting their highest level in over a decade. >>> so many parts to unpack today across the markets. let's get into the weeds. the european market picture has been moving on the china stimulus story this week. of course, we have been pointing to the csi 300 from china moving to the highest mark in 25 years. what does it mean for the european bourses? moving on the back of that even today with the form of industrial data and economic data and seeing japan putting forward their new leader in shigeru ishiba as the new prime minister. we will focus in on the dax as the ftse mib in italy and the commerzbank and unicredit. those banking stocks are key as they come to the negotiating table and they are the ones the market will focus on. if we are talking about a sector basis, autos have moved up and so, to have the household goods. autos at 1.83% higher. that's very interesting because we have seen the gains u

the british company rightmove has rejected a third rea offer rupert murdoch is the latest, valuing the company at $8.1 billion. >>> i want to take you to some more flashes we're getting this morning. in terms of negotiations with the union volkswagen, the eun workers, they say what management has presented in the past few days is beyond relief for decades, basis for success was no mass closures and mass redundancies, and that must remain so. workers still very much disappointed with the outlook, the plans for vw the negotiator also said all plans must stay open today is just a start if management does not change course now, it's clear vw faces challenges mistakes are the responsibility of top management and we need job security beyond 2030 so the negotiator for vw workers, clearly disappointed with conversations, with the management team, blaming them, really, for the challenges that the company is facing and therefore asking for job security for all of the workers. this, of course, as we're monitoring pressures not just within vw, but the overall auto sector as they scale back their e

. >>> now rupert murdock is now offering rea group offer for rightmove.t will consider it carefully. >>> apollo has moved to make a $5 billion offer for intel according to bloomberg. this comes days after qualcomm offered a deal. >>> coming up on the show, the k fallout from the fed's rate cut continues with christopher waller saying it is not behind the curve. we'll have more after this. stay tuned. your own custom store. scale faster with tools that let you manage every sale from every channel. and sell more with the best converting checkout on the planet. a lot more. take your business to the next stage when you switch to shopify. (man) these men of means with their silver spoons. what will become of them when they discover robinhood gold allows others to earn their very liberal rates on idle cash. they would descend into chaos. what is cirkul? cirkul is what you hope for when life tosses lemons your way. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the effortless energy that gets you in the zone. cirkul, available at walmart

that's according to rightmove.e, is down to a rebound in the market and easing mortgage rates. despite the boost, though, there's uncertainty about a potential bank of england rate changes and upcoming budget announcements. those are the latest gb news headunes those are the latest gb news headlines for now. now it's back to martin for the very latest gb news direct to your smartphone, sign up to news alerts by scanning the qr code or go to gbnews.com forward slash alerts . gbnews.com forward slash alerts. >> thank you sophia. now, the former bbc news presenter huw edwards has been given a suspended six month sentence for child abuse. image offences, meaning that he's avoided jail today. he is also required to complete a sex offender programme and will be on the sex offenders register for seven years. and to discuss this, we are now joined by gb news home and security editor , mark white. and security editor, mark white. mark, welcome to the show. been many, many conversations in these past few weeks and months abo

that is according to rightmove.to tom and emily for more details on the sentencing heanng details on the sentencing hearing taking place at westminster magistrates court for the very latest gb news direct to your smartphone, sign up to news alerts by scanning the qr code , or go to gbnews.com the qr code, or go to gbnews.com >> forward slash alerts . >> forward slash alerts. >> forward slash alerts. >> good afternoon britain. it is 12:41. we can take you straight to westminster magistrates court, where the sentencing is being carried out. for huw edwards, the former bbc presenter and now a man who has admitted he is guilty of possessing 41 images, indecent images of children. we're heanng images of children. we're hearing his sentencing at westminster magistrates court as we speak . cameras, of course, we speak. cameras, of course, are not allowed in the courtroom, but we are learning the details of what has been a no less than extraordinary case. the prosecution has heard how huw edwards received images , one huw e

i've actually looked at some on rightmove in recent years. just, you know, just out of curiosity. of amsterdam or something. >> i mean, you'd really have to like the three people, the two people that share it with you. >> wouldn't you? >> wouldn't you? >> well, yes. >> well, yes. >> i've always said if there was a nuclear war, the best thing to do is run towards the epicentre. >> you don't want to be in a bunker being left behind. the only human to survive. >> well, you would have velvet curtains . >> well, you would have velvet curtains. let's >> well, you would have velvet curtains . let's look >> well, you would have velvet curtains. let's look on >> well, you would have velvet curtains . let's look on the curtains. let's look on the bright side. >> oh, gosh. norman, let's link it on to this story, which i actually cannot believe that actually, peaches are being sold from fukushima, which we all know to be the centre of the nuclear disaster in japan. >> where? where? well, at harrods on these. >> harrods, of course. where else? the extra big. where else would you know? >> they'