comparemela.com

Card image cap

We saw a poll coming out of the weekend on sunday, a couple polls, actually, saying a majority of americans that were surveyed had very strong feelings about the fact that the president himself managed to contract this virus. Emily to a certain extent, it has served as a little bit of a wakeup call, if you will, that the president , with all of his security, testing, and the people that have been around him, even the most powerful man in the world can contract this virus. Can contract the virus. You see republicans. They have been sort of pushing forward and saying we are going to go ahead, continue with the debate, continue from what they can do with campaigning. Look over in the senate, where there is a huge debate going on right now about filling the Supreme Court vacancy. We have not seen any changes to that schedule despite the fact that we have three republicans who currently have the coronavirus and a couple of them sit on the committee that is going to be responsible for having the hearing and voting on Amy Coney Barrett. Shery there seems to have been no change when it comes to the u. S. Stimulus talks. When could we see the next round of fiscal measures . We heard from president hollande from the hospital asking for negotiators to get it done. President from the from the hospital asking for negotiators to get it done. Emily this is something we have seen over the past week, just going back and forth. There are definitely negotiations going on, talks being had, language being shared among them. Its just a matter of being able to come together on the funding. To a certain extent, and this is what nancy pelosi has said, that trump testing positive for coronavirus does change the dynamics of bit here. It makes it more likely that a deal could be done. At this point, we are still in a holding pattern, waiting for something to be announced. Haidi what are the implications of this october surprise for the Supreme Court nomination . At this point, it almost seems like republicans are very trying very hard to make sure they answer questions. Theres plenty to hold the hearings. We just saw a memo go out today saying, yes, they will start on october 12. That was the day they were planning before. Senators cannot be there. They can always call in remotely and do it virtually. The senate has cleared any votes for the next two weeks but they have every intention of going ahead and getting Amy Coney Barrett onto the Supreme Court. Shery Emily Wilkins with the latest on President Trumps status after he was released from Walter Reed Hospital and he is now back in the white house. We have breaking news out of south korea. We have gotten the september Consumer Price numbers, and they have risen 0. 7 month on month, which is beating estimates. Also, for the year on your number, rising 1 . Really a much faster acceleration than was expected. We were already expecting these Consumer Price numbers to get a boost given we have seen food prices in south korea rally because of this very stormy monsoon season, not to mention that perhaps we have them base effects as well. We are now seeing core Consumer Prices rising 0. 9 year on year for the month of september, which is also beating estimates. That year on your number coming in at 1 . Acceleration for consumer inflation, the estimate was only for. 5 gain. Haidi. Aidi of course, on what is very busy day in australia, marking it as super tuesday with not just an rba decision but also the delivery of monstrously expansionary budget later on this evening. We are seeing aussie stocks hitting off on the plants foot, up. 2 . We are watching in particular in terms of the stock beneficiaries, that expansionary is it expected to benefit the likes of infrastructure equities, energy, financials, as well as Retail Stocks where the companies in australia have struggled through their worst profit season in about a decade. The aussie dollar a little bit higher. Star riskoff when it comes to the greenback overnight and that is lending as we heard from bill evans from westpac earlier, due to prolonged strength in the aussie as well. The aussie 10 year yield falling just a little bit ahead of those twin risk events. Kiwi stocks higher by. 5 . Shery heres how u. S. Futures are looking at the moment. We are seeing a little bit of pressure, down. 1 , reversing some earlier gains we saw at the open. We are also seeing nikkei futures unchanged at the moment. The japanese yen Holding Steady but at the weakest level in three weeks. We have seen some of that riskon sentiment return to the arket given optimism over potential stimulus package here in the u. S. , but as we just saw, President Trump being released from Walter Reed Hospital, starting to recuperate from his covid19 infection. We are seeing wti continuing to gain. 2 , adding to the largest jump we saw since may, rallying in tandem with equity markets here and around the world. Lets turn to Karina Mitchell for the first word headlines. Karina the u. S. Aims to keep up the pressure on china when secretary of state mike pompeo meets his counterparts from japan, australia, and india later. The socalled quad nations are to meet in tokyo to demonstrate solidarity in the face of chinas widening influence and ambitions. Beijing expressed concerns that the quad is an attempt to form a new cold war. New data show covid19 cases spreading again across the u. S. , especially in rural areas and smaller cities but also raising concern in new york. And 34 states, the seven day average of new cases is higher than a month ago. Although they have fallen in california and florida. The centers for Disease Control is altering guidance, saying the virus can spread through the air at more than six feet or two meters. The Prime Minister of malaysia is in home quarantine after coming into contact with a minister who was positive for covid19. He will spend two weeks in isolation although he says recent tests have been negative. On monday, malaysia logged its highest daily surge in new infections since the infection began. The government is imposing lockdowns and specific parts of the country. The Australian Government will lay out a massive Spending Program later to revive the economy and generate jobs for the thousands laid off in the coronavirus pandemic. Isasurer josh ryden berg expected to announce a deficit worth about 160 billion u. S. Dollars when he delivers the delayed budget in canberra. Economists say the shortfall would be equivalent to more than 11 of gdp. Global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I am Karina Mitchell. This is bloomberg. Shery, over to you. Shery we are watching President Trump earlier today as he headed into the white house after leaving Walter Reed Hospital. He was treated there for covid19 for four days. The president at the white house, after he arrived, he is headed towards isolation. We have heard that they are now adding a room for the president to work in residence. He is of course still contagious. He is not wearing a mask at the moment, but he is not surrounded by people. We know that the infections inside the white house have risen. The press secretary and two other officials tested positive. The president right now waving at personnel at marine one after arriving at the white house. Still ahead, our exclusive interview with the chicago fed president , charles evans, says he would welcome inflation at 2. 5 in the u. S. , plus another exclusive with the ceo june. Ntt is planning to buy out docomo, the largest ever corporate offer. This is bloomberg. Shery Japanese Telecom company ntt is planning to turn its wireless carrier unit ntt docomo into a whollyowned subsidiary, a move that might help suga push for lower tariffs. The deal is worth around 40 billion. If successful, it will set a record for the biggest ever Telecom Transaction for the asiapacific region. Joining us exclusively from tokyo is ntt president and ceo june. Thank you so much for your time today. Its great to have you on. Let me just ask you a simple, straightforward question. Why are you doing this now . Yes. Tonk you very much, shery, have an opportunity to talk to you. Out in that carry we want to strengthen dell,. Sat down in a circumstancend the it is coming to, changing, changing. Come to us by coronavirus, coronavirus. To everything is going defined, mobile and much more. To purchase in order to much more good collaboration. Sir, how do you plan to fund that to carry out this deal which will cost ¥4. 3 trillion . We know your net debt has actually increased in the past two years. Jun yes, thats right. Its at the end of march. 4. 7 3 trillion yen. ¥4. 73 trillion. The assets, for leasing businesses, has already been off balance. We can more than ¥1 trillion. Now even we have a ¥3. 6 trillion debt, and in this case, the itsional ¥4. 3 trillion, on there very focused limitation of our target. 6 are going to reduce trillion. Only for ¥1. 9 trillion are we going to we have some other plan. To assets are very easy achieve those type of payback. Confident to have the paybackback debt plan. The loan. Ng to buy the shareholders. And the dividend. Haidi lets go back to sherys question. Take your time. Can you tell me how much there is political pressure on you to make this move . That is awering policy platform for the new Prime Minister. Plan we started from april. Perfectly dueed to the pressure, the requirement from the new government charging these sanctions. Our purpose is to strengthen docomo. However, its not dialectically related directly related. Haidi how do you plan to conduct fundraising for this . Weknow syndicated loans have heard syndicated loans would be extended. How is the fundraising going to be structured . Driving several finance but companies. With the longterm fund, an of course including the fund, we will use securitization, especially in docomo. Those type of return in the several keep the that iss longterm debt under control over our financial situation. Shery well your focus here the make your capital will your focus here limit your capital for overseas expansion . Margin was at 7 for four years. Jun exactly. That is our target. The fiscal year, 2023. 7. 0 profit ratio. That has not changed. We will extend. That is underway in the moment. Even though the pandemic will come to us. Shery tell us a little bit about perhaps partnerships you are thinking of. We know in december, you tied up with microsoft to develop a new Digital Enterprise solutions. What did you have in the pipeline . Yes, Microsoft Solutions is a very tremendously good solution, wonderful collaboration with us. Microsofts, its solution for every time we recommend for our customer to use Microsoft Solutions. The number is very difficult to stay in here, not disclosing the number. However, i want to say thats a very good situation, i want to say. Do you see a recovery taking place in the european and u. S. Markets . How do you see your strategy when it comes to increasing growth and potentially more costcutting Going Forward . Yes, costcutting, especially for growing businesses, is to use Digital Transformation for us. Control type of solution, we will introduce for our sales, not only in the United States market, but all over the world. Japans case is the other one. We have a lot of infrastructure here. Lots more will do here. What ishould haidi your top priority when it comes to Global Expansion and as i take a backseat to the restructuring we are looking at and does that take a backseat to the restructuring we are looking at . Jun could you repeat that last one . Haidi i wanted to know what your top global priority is in terms of overseas expansion . , we arebal expansion very focused on the enterprise business. Icially for our very thinking about values. We want to provide values with our partner. Model toess everything. Supportoing to microsoft. Extend in to the world in order to make it a much more good society. Ntt president and ceo, thank you so much for joining us there. Jun sawada. Shery we have some lines coming from exxon mobil now. Responding to a Bloomberg News report that was titled revealed in leaked documents. Bloomberg reported exxon had been planning to increase annual carbon backside emissions by as much as the output of the entire nation of greece. According to documents reviewed by a bloomberg, exxon mobil now responding to this new story, saying the emissions projections on this story ignores facts the Company Provided on the record statement after numerous discussions with the authors. We are bringing you the reaction from exxon mobil to a bloomberg story. Issays that exxon mobil saying the emissions projections described as planned annual submissions growth was a preliminary internal assessment of estimated cumulative omission growth through 2025 emissions growth to 2025 pair the u. S. Aims to keep up the pressure on china as mike pompeo meets counterparts from australia, india, and japan. We will look at the socalled quad. This is bloomberg. Haidi mike pompeo meets with his counterparts from japan, australia, and india today in tokyo, in what has been billed as a Security Initiative to counter chinas rise in the region. Stephen engle is following events and joins us now out of hong kong. White house ise battling its own coronavirus cluster outbreak, and this final dash to the election, a month away, is pompeo in asia . Stephen first of all, because of the white house crisis with the coronavirus outbreak, he has cut short his trip. Hes counting out of south korea and mongolia. Hes going to just stick with japan with this quad meeting, in person meeting, not virtually, which is significant. He will be meeting with his counterparts in australia, japan, and india, all day today, for talks on security issues, and really reinforcing this initiative. The quad. It has really grown over the last three years or so since it really was picked up and encouraged by the United States. This was an initiative proposed a decade ago by shinzo abe to get likeminded democracies in the region together to kind of counter the rise of china. Some strengthng because they are trying to really, if they can get anything out of today, the United States, that is, that is to get india further into the fold. India has really kind of resisted getting into such alliances. Alliances might be too much of an official word, but india has relished its fairly independent nature. But india has its issues with china right now with the border clash in the himalayan regions, the bloodiest battles in decades. Issues,a also has its of course, trying to launch an official investigation into the origins of covid with china in the crosshairs. For japan, this is really the first major diplomatic meeting that the new Prime Minister, uga, will have. He has to strike a balance with the loan military ally and china, the number one trading. Shery china must not be too happy with this sort of meeting. Stephen absolutely not. Ever since shinzo abe first announced it more than a decade ago, the Quad Initiative quadrilateral initiative, they have been against it. They said this is an attempt to form an exclusive clique and could stoke a new cold war. Shery Stephen Engle with the latest on that quad meeting. We will have more perspectives on that gathering, ahead. We hear from the Simpson Center in the next hour. The senior fellow says the Trump Administration wants the nation version of nato. Later. Ur guest joins up next, we will take a look at the Global Market impact of the upcoming u. S. Elections. This is bloomberg. Haidi this is daybreak asia. I am Karina Mitchell what the first word headlines. President trump has returned to the white house after being treated for covid19. In a tweet, he told americans not to fear the coronavirus and said i know better than i did 20 years ago. The white house physician says he met or exceeded all hospital discharge criteria and he will be monitored at the white house by medical staff in full protective gear. He says he is keen to return to the campaign trail. The worlds secondbiggest cinema chain is closing all its u. S. And u. K. Movie theaters a made a resurgent virus and winter blockbusters have been pushed. Theaters will close temporarily, affecting as many as 45,000 jobs. Shares dropped by as much as 60 in london. No timeline has been given for their reopening. Amped up demand is overflowing in china with almost. 5 billion people traveling domestically in the first four days of golden week. Thats almost 80 of last years total. Prices prices were up. Monthsspent nine housebound. The travel industry in the rest of the world is expected to lose more than 1 trillion this year. The former korean trade minister looks to be a step closer to leading the wto after European Union governments offered support. The race to succeed him is in its final months and the e. U. Says it backs both yoo and the former nigerian finance minister. The wto intends to announce two finalists later tuesday and a winner by november 7. Global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I am Karina Mitchell. This is bloomberg. Haidi shery lets get you a quick check on how markets are trading at the moment. We are seeing the asx 200 losing. 2 . We are seeing utilities leading the declines. This after a weekly loss already and as we are awaiting the federal budget update not to mention the rba rate decision. We are getting australia trade numbers out today. Kiwi stocks gaining ground for a sixth consecutive session. We are seeing futures mixed at the moment. Nikkei futures gaining ground. We have the japanese yen at the weakest level in weeks but they have given up some of those earlier gains. Haidi. Some mores get Market Analysis from jp asset management. Carrie craig is with us. Lets start off with the news of the day. He would have seen live pictures of President Trump walking unassisted out of walter reed medical center, embarking on marine one, and now is back at the white house to selfisolate for an unspecified period of time area we have seen suggestions that joe biden has come out further in on. Are the markets potentially pricing info a clearcut biden victory, which would send the stocks . D positive for the markets have priced out some of the fears around a contested election. They might be turning towards the likelihood of a joe biden when given how the polls are going. I would push that down a little bit given a lot can happen in the next few weeks area there is still no clarity around other the second president ial debate will take race and what the campaigning will look like so its more likely markets will reassess exactly what those mean. And if we hear more narratives around the white house about what the Campaign Schedule will look like, that will be a volatile period in the next couple of weeks for equities. How riskaverse do you get given we are a month out from a contested election result . Even though we had the mother of all october surprises with the covid19 diagnosis, the u. S. President being hospitalized on friday, we saw minimal reaction on the markets. This seems to be investors still being driven by what the fed is doing instead. The positive reaction came through an asian markets and was more to do with announcements about potentially a stimulus package coming before the u. S. Election. Likely it wills eventuate. I think thats what the market is reacting to and the near term. That, after the election, you will have global clarity around what the policy direction will be and while it may take maybe not immediately on november 4, we will have a clear outright winner, pretty quickly, you will see which party is in charge and what the direction for policy will be. Until that happens, theres too much risk to take a clear large balancedand remaining and relatively nimble is the best place to be right now. Shery we are seeing volatility continue to remain elevated. This chart on the bloomberg showing volatility pretty high but also stock volatility remaining high even today despite the rally we saw in the u. S. , and we continue to see new waves of covid19 not only in asia but also in europe and a staggered recovery. What does that mean in terms of the market for that rotation . It has come up a lot. From growth and value, or if it is from the cocos, it is a sustained approach. All that you are seeing at the moment should be viewed in the context of the broader recovery happening around the world. Obviously, that recovery is waning and momentum over the last quarter of this year but as we look into 2021, that will start to pick up again. We will have some measures imposed in countries in europe and parts of america that sort of restrict the movement of people and impact services. Next year, they will be close to having that vaccine. Measures will start to ease off and we will continue to see that rotation into those areas which have not done so well so far, so we would favor a cyclical tilt in a portfolio as an industrial cycle mixed up. You are seeing improvement in the Manufacturing Base while services are lagging. That should see through to an improved outlook for equities into next year. Its much easier to make a case that the positive equities over the medium term or near term, given the uncertainty we have over the next few weeks. That rotation will be staying in our view to push right into the value sectors or the industries that are very much lagging around travel and tourism. It will take more concrete evidence around that vaccine and the distribution of any vaccine before those things start to really recover. It is a phased approach, thinking about cyclicality and portfolios. Shery what does that mean for how supportive the environment is for credit markets, especially at a time where we really have seen some volatility in the strength of the u. S. Dollar . Acrossit is a balance both equities and credits, especially with what is happening with bond yields at the moment. Over the last part of september, you saw equity markets selloff but you did not see u. S. Treasuries move a great deal. That question mark that has come up all year about the safe haven status of government bonds under these unprecedented measures really has come to the fore. Markets,about credit they are getting by the reserve bank and that stops the market as a new form of duration and protection in portfolios. We see that well supported. Wave ofseeing the same defaults, that disappearance and forbearance consider which is making a more muted default cycle this time around so income from high yields looks relatively more attractive even though those spreads have come in. As investors continue to look for income and diversification, they are looking at the credit spectrum into the credit market and emergingmarket. That is the right approach, in our view. Haidi of course, it is super tuesday here in australia. Not just the rba this month but also the delivery of the budget. A lot of the surprises have been taken out of the budget. A lot of what is in the number are preexisting packages and measures that we know are already underway. Who are the major beneficiaries, whether you take a look at equities or in cross across the investment spectrum . Kerry if we think about what has been done to support income and to make sure may continue to will stay true for stocks, particularly ones that have done well. They have not changed in their nature. We should see that around keeping income high. Problem ine australia that needs to be deferred while we keep the economy going again and the ability to create jobs. What theaks around exchanges might look like once the budget is announced. We should see the big focus on jobs and employment growth. The household remains the key sector for me. Announcedeady been for infrastructure and investment. That will be the positive for this budget and that should help well. E market as hopefully very quickly. Shery kerry craig, always great having his thoughts. Global markets strategist. The chicago fed president says more fiscal stimulus is needed to support jobs and the economy, even as the white house and democrats continue to haggle over a package. Still, he painted a positive picture for the economic recovery, telling bloomberg it exceeded his expectations. The economic recovery has been, you know, pretty good. In fact, it has been a little quicker than i was expecting back in june when i sit it a forecast. I had been quite nervous about well, there is a normal recovery where we get back to the level of where we were going into this. You know, sometime in 2020 two may be, and then we seem to have been doing better than that. Even though covid caseloads have been very high in the u. S. , and been 200000 and more, we continue to be able to grow through this. The last employment report was probably a little more modest than many were expecting so i think there are real questions as to how much more quickly we recovered after this, but i think we are trying to figure out where the labor market is going to settle out, how much improvement we are going to get in terms of bouncing back from when we were closed down, and how much recessionary dynamics we are still going to be faced with time in the spring of next year and that environment, i do think inflation will be week. We could get relative price changes, which lead to higher measure inflation for a time but i dont think that is likely to be persistent, but we will have to see. You said in your speech this morning that you anticipate in your forecast more fiscal stimulus. Have you modeled what happens if we do not get it . Can you get as a fixture of what you would see if we dont get it in the monster from . Months to come . Charles im hopeful we will get more stimulus spirit ive got like one trillion, which is not as large as some proposals, but you know, that does have that effect on the forecast. I think if you take that away completely, that reduces aggregate demand by quite a lot and that means the road back in terms of employment is going to be a lot harder. I cannot begin to guess how it will work its way out. If we do not get stimulus, if the economy is slowing, is there anything more the fed can do to stimulate the economy, or with Interest Rates at zero, you have pretty much done what you can . Charles we are going to use all of our tools available and we will be paying attention to how the economy is growing, where inflation is. At the moment, i think we are still trying to figure out where the recovery is going to sort of stabilized in terms of what normal recessionary dynamics might look like so if we were to get additional stimulus, if we were to see continued recovery, if we got the Unemployment Rate down to 5. 5 by the end of next year, those are circumstances where the fed, we are in the ballpark of what we can deal you, inflation could be, know, moving towards our 2 objective, and things could be improving, but you know, i think we are going to have lower for longer Interest Rates for quite some time. It will probably be uncomfortable for many people. We just need to get inflation up to 2 and beyond so that we can average 2 . We need to ensure the labor market continues to improve. Fiscal support with the extraordinarily welcome. Continued business investment, businesses deciding they have figured out how to grow in this new environment and bringing on more workers. That would be very welcome. It will have to play out antivirus spread is going to continue to be important for quite some time. Evanst was charlie speaking exclusively to bloombergs mike mckee. Coming up next, President Trump makes his return to the white house after days of conflicting reports about his prognosis. We get the very latest, next. This is bloomberg. Haidi President Trump returned to the white house after leaving Walter Reed Hospital less than half an hour ago, even removing his mask for a photoshop upon arrival photo op upon arrival. It comes after a weekend of confusing, often contradictory reports on his condition. Doctors saying he has met the criteria for discharge. Earlier, the dean for Public Health told bloomberg that the measures taken by trumps physicians are concerning. Unfortunate are concerning. Unfortunately, when you have a physician that is not really telling the whole story or really misleading people, which is what he was doing this weekend, its really hard to say if in fact he got steroids and the antibody treatment and remdesivir. The physicians were quite worried about him and through a lot of stuff at him. Particularly, steroids are for pretty severely affected individuals. There is reason to be concerned until we really know that he is out of the woods and its probably going to be a few more days to know that for sure. I dont know if you can rely on what is being said about him, unfortunately. There have been a number of people infected. We understand come at the same event in the white house. What has that experience taught us about how the virus moves . Joshua it looks like the white house was the center of the outbreak, the white house it south, at a reception for the judge for the Supreme Court. And there was a huge reception inside, and people were exposed, and we know if you are close to people without masks in an indoor environment, that is the favorite environment for the virus to spread and it looks like that is what happened, and theres so many people infected. Everyone there should be quarantined still because they could still get infected. Know,is likely to be, you waves of infection, unless people really, you know, cool it and quarantined themselves. From Joshua Sharfstein johns hopkins, Bloomberg School of Public Health, speaking to francine lacqua. That school is supported by michael bloomberg, founder of bloomberg lp and bloomberg philanthropys. More questions loom with President Trumps return. Aides are hoping to keep him confined at the white house but are uncertain about how long that will last. Receive said to remdesivir at his residency it on the line is max neeson, who covers health care, ill text, and pharma. Biotech, andned pharma. I mentioned antibody cocktail from regeneron. He received doses of supplemental oxygen. What do all of these treatments tell us about President Trumps condition . Caveat that i am not a physician and i am working from the same somewhat limited and sometimes contradictory information as everyone else, from the president physicians, its quite a confusing story and potentially a concerning one. Is quitexplanation possibly that they have just been very aggressive with the types of treatment they are trying, hoping to catch the virus early, hoping to get as good of an outcome as possible for what is obviously a very important case of the virus. The question is whether that could have been over treatment, and the thing i would point to especially is the use of dexamethasone. There is some evidence that using that early or in the severe cases may actually be detrimental, and then another avenue of concern is that we do not know a lot about the use of these therapies in concert or in sequence. There is just not much data on that, so another sort of big unknown that may prove relevant or concerning in the days ahead because it is not uncommon for people that have severe cases of the disease to look all right for some time and then later, as late as seven days or beyond, suddenly take another turn for the worse. We still have to wait and see both in terms of the impact of these medicines which of worse will be impossible to parse out from one another so would not draw too many conclusions about any one of them and the course of the president disease. Lets talk a little bit about the course of them axiom progress. We are hearing from the New York Times that Top White House officials are blocking the strict new federal guidelines for the emergency relief of release of a coronavirus vaccine. They are objecting to some of the provisions that would make a vaccine possible to be released before the election. What does that tell us about the need for some Safety Measures . How important are these federal guidelines and what could this do to people here in the u. S. Who are already saying they dont want to get vaccinated with those first vaccines because they dont trust that it will be safe . It is a very concerning situation, bringing politics bringing anything but the kind of coolheaded sciencebased evaluation of these vaccines you want from fda career staff so i am very hopeful that those guidelines will be released. The encouraging thing is i think that even if they have not been publicly released, the agency seems to have communicated its expectations to the drugmakers, so we are more likely to get, at the end of the day, applications that adhere to those guidelines, even if the public release has been held up. I think the crucial issue that the white house seems to be objecting to is the fdas request for at least two months of safety data from a majority of the participants in these clinical trials. That is some that would delay the release for an emergency use authorization but i think it is really important in order to establish safety of some vaccines, which are made with Novel Technology and build confidence. At the end of the day, what we have is a potential worstcase scenario where we dont actually get the vaccine any sooner because the fda is holding the standards but the American Public is still concerned because they have not been communicated publicly. Haidi this comes at a time where we are starting to see infections pickup pace across the u. S. Is this the going into winter wave of infections we have been bracing for . Max it really does seem that way, and areas where the biggest rise in infections seems to be concentrated in the midwest, the upper midwest areas that, you know, do get quite cold, and where you have that concern, of all the things that have made epidemiologists and the cdc concerned about this winter period from the start, cold weather forcing people indoors coupled with schools, it is a risky situation. Max neeson they are with all things virus and health care related. We have plenty more to come. This is bloomberg. Haidi a quick check of the latest business flash headlines this hour. Companies have agreed to get together in a deal worth 16 billion aussie. Unanimously the backed board. The new company will become one of the worlds top 10 gold miners. Exxon says it is committed to mitigating omissions after a bloomberg reports of the energy giant was planning to increase annual Carbon Dioxide emissions by 17 by 2025. The figure was revealed in internal documents seen by Bloomberg News. In a statement, the company says the bloomberg report is false and misleading. Struggling commodities Trader Noble Group is facing yet more upheaval with the ceo stepping down. His resignation adds longrunning turmoil that has seen a string of executives continue to accrue losses. He was named coceo in 2016 as noble face questions about his accounting practices. He became the sole chief executive a year later as the commodities world imploded. Coming up on the next hour of daybreak asia, we will be discussing the state of u. S. China relations as mike pompeo meets with a quad in tokyo. Fellow joined us later. We will be speaking with the Principal Global Investors representative for his outlook on the markets with the opens in seoul and tokyo coming up next. This is bloomberg. So youre a small business, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. I am thrilled to honor innovators from all across the federal government, veteran affairs and more. Roughly 2 million Civil Servants work in the federal

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.