Hello, Im samantha sImmonds. Youre watchIng the context on Bbc News. The uk sets out plans for an ambItIous reset wIth europe as the PrIme MInIster vIsIts germany. SIr KeIr Starmer has made hIs fIrst bIlateral trIp as uk PrIme MInIster on a two Day VIsIt to some of europes bIggest powers. In the last few hours, weve seen hIm arrIve In parIs where he met wIth french presIdent Emmanuel Macron at the elysee, ahead of the paralympIcs OpenIng Ceremony. EarlIer, the pm met wIth german Chancellor Olaf Scholz In berlIn. The paIr announced theyre workIng a new bIlateral treaty to deepen cooperatIon on areas such as securIty, and the economy. KeIr starmer saId It was part of a wIder reset wIth europe. A new uk Anew Uk a new Uk Germany treaty, and once In a GeneratIon Chance to delIverfrom once In a GeneratIon Chance to delIver from workIng people once In a GeneratIon Chance to DelIverfrom WorkIng People In BrItaIn and In germany. A new agreement, a testament to the depth of potentIal of our re
Agents about talking to the russian ambassador. The Trump Administration is considering a move that could boost travel. Several agencies are urging the injuryouse to lift an ban on nonu. S. Citizens that was put in place to slow the spread of coronavirus. The band has caused big losses for airlines and the transatlantic markets. In germany, a partial lockdown has been extended for three weeks to just before christmas. Chancellor merkel is trying to gain control of the latest coronavirus resurgent. There are tighter limits on private gatherings, but german schools in most businesses will remain open. Franceng the u. K. Is accusing the u. K. Of dragging its feet over brexit. The French Foreign minister says the outcome on a new trade deal is highly uncertain. Negotiations are to resume in london. The u. K. Is set to leave the European Union at the end of the year. Whether there is a trade agreement or not. Global news 24 hours a day, on air and at bloomberg quicktake, powered by more tha
The formal application caps a period of speculation that this would be occurring. We are seeing pfizer in premarket rise nearly 2 , biontech down. 3 . Interesting to see how this is confirming what a lot of people have expected, but adding to the risk on feel that we are seeing in markets today. The sense we are going to move past this period that has been incredibly painful economically, as well as socially. Francine lets get the details from fan from sam fazeli from bloomberg intelligence. The news is out. How quickly can some of these clearances be given . Sam good morning, francine. Fdahe u. S. We have the meeting coming up on december 10. It is possible they move on that pretty quickly the next day or the day after. And then in europe, this is the combination of a process that started off sometime in early october where the companies have been filing their manufacturing , and there is no new data in the press release. So it is possible that we should get a European Response by bef
Away. Knife edge. Brexit talks near a compromise on fishing, leaving the level Playing Field the biggest obstacle. Can the side to get a deal through today . Sanctions hit sentiment. Stocks and futures flip as the u. S. Is said to add more chinese officials to a blacklist and the rollout begins. Coronavirus vaccines start in the u. K. Tomorrow. The u. S. May follow suit by the end of the week if the fda gives emergency and approval emergency approval. I have been away for six weeks on paternity leave. It has been fantastic. Not much seems to have changed in terms of markets. We are still in crunch time. We are still looking at covid infections rising to alltime highs. We are still looking at u. S. Stocks rising as well. I guess the vaccines is the hopeful sign. Maybe this week, the good change we have all been waiting for in 2020. On return, everything has changed and yet nothing has changed. Certainly new information. That has been a real game changer. But we are still as you say at c
Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover