Jobless claims. President trump scrapped his g. O. P convention as the coronavirus rages. Concerns that big tech is on a bubble. Welcome today break europe. The results came out a few minutes ago. 650 million. T was an estimated loss of 250. 1 million. Equinor posted an unexpected Second Quarter profit. They are on track to deliver on their plan for cutting costs of 700 million. It cease 2021 capex at 21 billion. It sees 20222023 at an average of 12 billion. A clear beat in terms of Second Quarter adjusted net and profit. Keeping the dividend and keeping the fullyear capex guidance on change and on track for cost cutting. Those are the main lines coming through. Well speak the the c. E. O. Coming up at 7 00 a. M. U. K. Time. Japan is closed. China is bearing the brunt of the losses. Red on the screen in hong kong and australia. A little bit of a weaker yuan. An increase in tensions between the u. S. And china given the news around the order of the chengdu consulate. Take a look at what
Bubble. The good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The markets are focused on data in the u. S. , stimulus in the u. S. , and for july manufacturing 51. 1, instead of the 50 that was expected. The other thing we are really ,atching out for is gold, 1897 within a whisper of 1900, which will be a big psychological impact. Now lets get to the bloomberg first word news in london with laura wright. Hi, laura. Hi francine. ,rising for the first time about of march to 1. 4 million, but dropping slightly. The data comes as hundreds of billions of federal aid is set to expire. The u. S. Economy could be at risk of a double recession. A Vaccination Program for the protect ait ceases to second wave of the coronavirus. Twice as manyple as last flu season. At shots available for the risk groups will be available to everyone over the age of 50. Disney is canceling the august release of malan and delaying avatar by more than a year. Date. Ime, no
Meantime none of the 700 people had symptoms and the number of them being monitored by local Health Officials is changing every day and Nassau County officials are monitoring 83 people who may have had potential exposure to the corona virus and test results for one resident is pending the infected residents have also been asked to undergo voluntary isolation removing themselves from people including their family members for at least 14 days from the last time they were in Mainland China or may have been exposed to the virus during this time they are required to report their temperature and any symptoms every day to Nassau County Health Officials since the outbreak of the corona virus 175 people in Nassau County have undergone voluntary isolation and in west chester more than 2 dozen people have been quarantined after possible exposure to the virus as well even though they did not display any symptoms now the c. D. C. Is warning americans at the corona virus is likely to spread througho
After returning from Mainland China this as the c. D. C. Is warning that the number of cases in the u. S. Is expected to grow. The vast majority of travelers deemed medium risk by new York State Health Department Officials because of recent travel to Mainland China meantime none of the 700 people had symptoms and the number of them being monitored by local Health Officials is changing every day and Nassau County officials are monitoring 83 people who may have had potential exposure to the corona virus and test results for one resident is pending the infected residents have also been asked to undergo voluntary isolation removing themselves from people including their family members for at least 14 days from the last time they were in Mainland China or may have been exposed to the virus during this time they are required to report their temperature and any symptoms every day to Nassau County Health Officials since the outbreak of the corona virus 175 people in Nassau County have undergon
A good watch. Even. If the new neither you. Or you need to hold. Down the markets down 3 days in a row this is the one business show you cant afford to miss im been sworn and im christiane washington coming up markets are reacting as more than 80 people in new york are being quarantined over fears of a coronavirus we have a live report with markets stumbling what the near future looks like former u. S. Congressman ron paul will weigh yes and president from things to get a phase one trade deal done with india before the end of the. Here so what would that look like Richard Wolffe to break it down a lot to get through on this very busy day so lets get started. And we begin with the very latest on the coronavirus as around 2 pm eastern one wins the markets well here in the u. S. Once again after what looked like was going to be a rally that fall seem to correlate to news that a group of people in Nassau County new york have been voluntarily quarantined with about 83 of them being looked a