Im on Francine Lacqua. Weve had quite interesting and big political news in the u. S. That started late last night, overnight and first we know that transition is more on its way than was 24 hours ago. Global stocks advancing on the back of that. If you look at what stock markets are taking a positive, the general source of administration acknowledged joe biden was the apparent winner of the election and the move reduced Political Uncertainty in the u. S. , giving biden access to Current Agency officials, briefing books, 6 million in funding and the market. Energy stocks leading the stoxx 600. Travel companies. Banks also notching gains. Haven assets weaker. We are getting some eco figures. Looking forward to speaking to the president of the Ifo Institute shortly. The estimater than of 87. 5. Ifo coming up in 15 minutes. Here is leighann gerrans. Englands National Lockdown ends next week but Prime Minister Boris Johnson says it will be replaced by a tougher threetier system of regional
Stores with reduced capacity could mean a 40minute wait. The National Retail federation on its website predicts online sales will be capturing 20 to 30 of the holiday market, up from last year. There are no corporate parties and reduced inventory and fewer employees are in many stores according to consumer expert and San Francisco State University marketing professor. The projections are that because the consumer demand has been suppressed so far, starting with today, which is black friday and the start of the Holiday Shopping season, there is some kind of penalty up demand that people, you know, they want to give gifts to family and friends to uplift their spirits in a very challenging year. Reporter walnut creek downtown there is a 20 vacancy rate right now but Property Owners say they are getting inquiries about renting the vacant sites according to the walnut creek Downtown Business association. Whats missing is probably, you know, the ice rink. Were unable to host the ice rink thi
With that light wind overnight, look at the temperatures, dropping into the low 30s in the north bay, 31 in santa rosa, 32 in novato, 33 in livermore with freezing conditions in the san ramon valley. 39 in oakland, cold for oakland, anywhere from two to seven degrees colder this morning, along the shoreline and your forecast calls for plenty of sunshine, upper 50s by noontime. By the afternoon weve got low 60s around the bay and looking at another clear and cold night tonight. Temperatures are going to stay on the mild side. Well tell you how mild and talk about the rest of the weekend, the week ahead, coming up. Liz . Lisa, thank you. Today is Small Business saturday as we mentioned, but no matter the turnout, some berkeley shops are getting some extra help. The city of berkeley raised millions of dollars for a relief fund. Abc 7 News Reporter luz pena spoke to the mayor of berkeley who says there are still more ways for the community to now chip in. Reporter may 2020 marked ten years
Milestone, u. S. Deaths topped a new milestone as new york city closes schools again. Germanys finance minister tells bloomberg taming the virus is critical. E. U. Leaders will attend make a veto that threatens from hungary and poland. France says nations could be cut out of the rescue plan all together. Chinasy pledge, president xi jinping says the nation wont engage in decoupling, saying its policy of opening up wont waver. It comes after the u. S. And the u. K. Called for beijing to honor its commitments on hong kong, citing serious concern. Its just gone 6 00 a. M. In london, 7 00 a. M. In germany. Bad news coming, 11,000 jobs to be cut from the business. Of justlow the estimate over 30 billion. No room for a dividend this year. The banks dividend has been restrained. You think about it, this is a disastrous year for steel. The future is unclear. We are grappling with rolling lockdowns and interruptions around the world. Recovering, but the reality of europe and the United States i
Of the most closure of the National Topics in this election on to host stopped into a heated debate on the issue. Theres a long history in this country of suppressing the black vote and i dont think the facts can be created by anything theres no unity and you know you think youre having me on your own small number in pennsylvania working with the doctors we all do battle with all the were tracking up that were talking of boating right back and laying out a long history in america of suppressing the black vote. Thank you for joining us here on r. T. International i knew karyn and well be bringing you all the latest throughout the day and what is so far proving to be a nail biting election as america decides on its future. Well all eyes are on america as ballot counting is in full swing the 2020 race for the white house printed preliminary results indicate a tight race though Democrat Joe Biden spoke just minutes ago insisting he thinks hell win. Our nurture united we believe run track t