Hong kong Police Arrest a media tycoon and prominent activist jimmy lai after the u. S. Penalizes the citys chief executive carrie lam. 15 ,s in next digital get dip 50 only to reverse losses. The inflation debate. Investors look ahead to u. S. Ppi and cpi as global debt with subzero yields top 16 trillion. A ton of negative that out there. Bob prince tells bloomberg a pickup in inflation would be mind blowing. Frome under an hour away the start of cash equity trading in europe. Lets take a look at futures this morning. Looking at gains across European Equity indexes,. 8 of the gains you seen on the widely traded euro stoxx 50 futures, also on ftse futures. In london. Dax in frankfurt. Looking at games on the u. S. Futures picture. Tradings p minis stronger than nasdaq futures, but you still see green arrows, so it could be a risk on monday to kickoff the week. Lets get the first word news with laura wright in london. Gates billionaire bill says it is mind blowing the u. S. Has not imp
From the bloomberg terminal. A 2 trillion dollar wipeout. U. S. Equities see their worst rout in 12 weeks. Is there more to come . The precipice of disaster. Americas fourthlargest city but it may reimpose Steven Mnuchin says the country cannot close again. Plus, european banks close to Capital Requirements. Just under an hour away from the start of trading. Futureske a look at after the big drop we saw. Saw drops in asian stocks overnight. If you look at yesterdays cash a drop in the dax. 559 points. 559 point drop. In terms of u. S. Futures, we see a little bit of green on the screen. 1. 5 gains in s p and the dow. Can news on the u. K. Economy, lets get straight to that. The u. K. Economy shrank by 20. 4 . That is versus the previous month. Dropstimate had been for a of 18. 7 percent. 19 or so. It does show a stunning drop in output for the u. K. Economy during specifically the month of april. The u. K. Went into lockdown around the month of march. We are getting some other numbers
Garden apartment complex. Police say it was a coordinated attack by the owner. Investigators say he was targeting tenants he wanted to force high of rent to force out of rentcontrolled apartments. To do that to other human beings, there is empathy missing from there. Thats just greed. Reporter the plan backfired after he was captured on the complexs security cameras cameras. Take a look at this video. You can see the back window of this suv shattered after investigators say the owner shot him with a bb gun. Some people dont have any heart toward the people, the low income and this is really a shame. Reporter he has been charged with felony destruction of property and his son is facing a misdemeanor for allegedly attempting to sway a potential witness from operating with police. We need the citizens to call the police. Reporter is palo alto vice mayor larry moody has vowed to protect residents against what they describe as a campaign of fear and intimidation designed to drive them from
Is meeting held during a proclaimed state of emergency and officials recommended measures to promote social distancing. As noted on the agenda, members of the public may observe this teleconchs meeting via sfgovtv and offer comment by calling the Public Comment phone number. I like to welcome the members of the public and staff for watching live on sfgovtv and i like to thank the sfgovtv staff for their support and their services. Madam secretary. Call the roll. Thank you. Chair gee. I note we have morgan sitting in as lipkins ash sense. With that director galley . Present. Drushth john baptiste. Present. Director shaw. Present. Tumlin. Present. Vice chair mandelman is expected im guessing he is delayed and chair gee. Present. Directors you have a quorum. Call your next item thank you. Directors item 3 is communications we like to remiemdz the public as the Public Comment froesz is on the agenda and streaming on the screen. Also we will resume in person meeting at city hall in hearing
It shifts its focus to wealthy welcome to countdown, im mark clients in the u. K. Rbs is cutting back investment barton joined by manus cranny banking operations and focusing on domestic consumers. And caroline hyde. A russian convoy is on the way to ukraine tonight. After the Company Received the worlds biggest night bailout. The vehicle is part of are you humanitarian effort, not a military operation. Ryan chilcote joins us with more. The global rights to the worlds only available in hailed this is a curious strategy. Insulin. That comes less than seven weeks after the drug one regulatory the way to the approval in the u. S. Southeast of ukraine. s second deal in that at thissay point humanitarian aid cant months. Wait. Situation in the southeast of the country is so tragic. They should get there this the drug loses its patent protection next year. Evening. Is concern that the the question is, what happens next echoed international bull market is headed for a committee for the red cr