Shirley ballas has been named as the new head judge on strictly come dancing, replacing len goodman. Good morning, its tuesday the 9th of may. Im rachel schofield, welcome to bbc Newsroom Live. The conservatives have vowed to cap Energy Prices if they win the General Election. Under the plans theresa may would give powers to the industry regulator, ofgem, to set a limit for people on standard variable rates. Under the new plans, new powers would be given to ofgem to set a limit for people on standard variable rates. Elsewhere labour leader Jeremy Corbyn is due to formally launch his partys general Election Campaign, where hes expected to say that the issue of Whether Brexit happens has been settled. The uks highest electorate campaigning on the nhs, and the green party is on the Isle Of Wight the uks highest electorate campaigning on the nhs, promising to end what it calls the privatisation experiment. Well be live In Manchester ahead of labours Campaign Launch shortly but first more o
As you know, Emmanuel Macron will be the next president of france. Francois hollande represents the Socialist Party. But if you want a measure how things are getting for the socialists have a listen to the former french Prime Minister manuel valls on french radio. Translation this Socialist Party is dead. It is behind us, not its history and values, but it has to move on. At times others, one has to be capable of moving on. Forget the bitterness and personal issues. Something interests me above all others, it is france, the republic and the success of the presidency. I am not forgetting the fight against the far right will continue and eve iyo ne the far right will continue and Everyone Needs to be vigilant in the parliamentary elections. Often political defections are carefully choreographed. Not in this case. Officials from Emmanuel Macrons party say mr valls hasnt even formally put his name forward yet. Heres one saying, he should have applied like everyone else because the rules ar
As you know, Emmanuel Macron will be the next president of france. Francois hollande represents the Socialist Party. But if you want a measure how things are getting for the socialists have a listen to the former french Prime Minister manuel valls on french radio. Translation this Socialist Party is dead. It is behind us, not its history and values, but it has to move on. At times others, one has to be capable of moving on. Forget the bitterness and personal issues. Something interests me above all others, it is france, the republic and the success of the presidency. I am not forgetting the fight against the far right will continue and eve iyo ne the far right will continue and Everyone Needs to be vigilant in the parliamentary elections. Often political defections are carefully choreographed. Not in this case. Officials from Emmanuel Macrons party say mr valls hasnt even formally put his name forward yet. Heres one saying, he should have applied like everyone else because the rules ar
Renewed megacaps. Weakness in technology butt a dumper on the rally if financial shares which were hire following the results of the stress test we told you about last night. Today, the dow jones indus average fell 167 points to 21,287. It had been down more than 250 points midday. Nasdaq drod dropped 90 and s p 500 was off 21. Although the pullback may look concerning, it may want be as bad as it appears. Bob pisani explains. It was anything but a breezy summer day for the stock market. The dow plumets as much as 257 points before ending down 167 points. Largely weighed down by apple. But for the moment, this sunt look so much like the start of a broad eer sell off as a healthy rotation. Investors are moving over big tech names like microsoft and apple and google. Theres some reason for that. Bank stocks for example bounced the cap a tall plans of all 34 banks under review in the second round of the bank stress hasnt happen td since 2008. Theyre raising all of the dif depds. Chevron t
Launched an icbm for the first time. President trump tweeted that perhaps china would end this nonsense once and for all. And china willia be meeting. Chinas official news agency, trade between 33 inand china raised the first five months of the year. Further questions about Donald Trumps travel ban. The state of hawaii is challenging the enforcement of the order. They asked a federal judge to deny. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am emma chandra. This is bloomberg. Thank you very much. Those are the headlines. Lets look at the markets to show you where we are on the European Equity session. The fourth of july is celebrating in the u. S. This is the picture right now. 0. 2 at the moment. We have seen north korea digesting the carried out that icbm launch. Some strengthening. We have the dollaryen strengthening. Yields are weaker. Is a little weaker now. Stories, north korea claimed they successfully launched an