Saudi aramco with a crash as the bite in crude faces its bottom line. Defining a trend in the Energy Sector Boris Johnson facing criticism over his return to work guidance. The country looks to gradual reopening. Well talk about the lockdowns effects on the economy thank you for joining us weve been watching on the market today they have fallen 10 after the steel giant saw its net loss widen to nearly 1 billion euros in the second quarter. The coronavirus hit all of the business lines from steel to car parts. Lets get out to annette for more typically, some companies will try to sell assets, which was exactly the strategy in the last few months yet selling assets in this environment is not an easy one that has been the case. They have been able to sell their crown jewel. The elevator business is going to a private equity consort yum. They are apparently looking for coinvestors it seems with the crisis, the price is quite a burden with them as well but now thyssenkrupp is going ahead sa
Traders are concerned about the swelling global glut and the lack of storage. The skies are darkening over japan as the coronavirus bomb the dimmest view on the economy for a decade. We have that this hour. Shery breaking news at the moment. We are hearing from treasury secretary mnuchin saying the u. S. Has no current plans to create a Federal Reserve facility to inject funding into nonbank or gauge servicers. This of course as we have seen recent government moves to help the firms get through the risk of borrowers missing their mortgage payments. Again, treasury secretary mnuchin saying he has no plans for lifeline. Lets now bring in our congressional government reporter, emily wilkins, on the line for more on what we heard from President Trump as well as Vice President pence on the latest efforts when it comes to handling the impact of the coronavirus pandemic. Emily, so secretary mnuchin saying that he has no plans for mortgage servicer lifeline. He says the steps are taken by agen
Exploitation. And the opposition hits out of the government for breaking their promise to protect renters from eviction ensuring the crisis ill be discussing this with a housing lawyer. Welcome to r. T. U. K. The government has implemented lockdown measures across the United Kingdom in response to the ongoing Coronavirus Crisis but was no clarity on essential work and no help so far for the self employed many continue to travel flouting rules on social distancing while r. T. U. Case it was dashed joyce for now with the latest hi there shot here so can you bring us up to speed well of course none of us have ever heard the message quite like here and that is because the Coronavirus Crisis is a situation that the United Kingdom has never faced in modern british history and that is why Boris Johnson the Prime Minister announced a National State of emergency just last night he initiated a knock down scenario he really felt he had no other choice but to do so and today weve heard from the ho
Please welcome drew horn, office of the Vice President of the United States. Thank you so much for joining us here today. Im really excited to speak to this for a few brief moments. So first off i would like to say that space is a top priority of this administration and through the leadership of the president and the Vice President we see a remarkable progress in this critical area. The United States was founded by brave pioneers and their spirit continues today as america leads humanity into a new chapter of space expiration and scientific discovery. By combining efforts of the United States government with the leaders of private industry we will reach new heights that until recently we couldve only dreamt of. As the chair of the National Space council, the Vice President is leading an executive Branch Policy of to sustain u. S. Leadership in space and also open doors to u. S. Private sector growth. Before president president ial space policy directives generated by the council are sp
Please welcome drew horn, office of the Vice President of the United States. Thank you so much for joining us here today. Im really excited to speak to this for a few brief moments. So first off i would like to say that space is a top priority of this administration and through the leadership of the president and the Vice President we see a remarkable progress in this critical area. The United States was founded by brave pioneers and their spirit continues today as america leads humanity into a new chapter of space expiration and scientific discovery. By combining efforts of the United States government with the leaders of private industry we will reach new heights that until recently we couldve only dreamt of. As the chair of the National Space council, the Vice President is leading an executive Branch Policy of to sustain u. S. Leadership in space and also open doors to u. S. Private sector growth. Before president president ial space policy directives generated by the council are sp