Biontech delivering millions of doses of a potential vaccine for covid19. Well kick it off with Edward Lawrence in washington. Reporter melissa, very big news for pfizer and the vaccine. We could have three vaccines in circulation by end of the year. First one by astrazeneca, they hope by october. Moderna and pfizer follow by the end of the year. The governor of connecticut toured a pfizer plant in his state. Senior Vice President for drug safety and development for that facility says pfizer focused on doing the next studies and getting that data to the fda for a safe and effective vaccine. Governor ned lamont says it will be widely distributed. Listen. We continue to hit the metrics we need. We continue to get the fda approvals. We continue to do this safely. We have a real opportunity by end of this year to be able to go to cvs or the local pharmacy to get a Covid Vaccine just like you get a flu vaccine. Reporter a clue how governors think the vaccine could be widely distributed, wit
Donald trump orders in and to hong kongs special status well signing legislation to sanction chinese officials. Beijing vows to take strong countermeasures. Earnings season continues. In the united states, Goldman Sachs reports after jp morgan, citigroup, and wells fargo set aside almost 28 billion for bad loans in the Second Quarter. Welcome to the program. Just under an hour away from the start of the cash equity trading day, lets have a look at futures. We do have a lot to talk about when it comes to the Banking Sector and the bad debt story in the u. S. All of that was quite dominant in yesterdays session, but we do have some catch up to play in the europe in europe. Plus, we work in the latest trial data from moderna over in the u. S. That particular vaccine getting some headlines. As a result of that, we see that lifting stocks in asia and futures in europe and the united states. Lets get to some breaking news. Some numbers coming through from burberry. Lets get to those in the f
It is still on. President trump insists a phase one trade agreement with china is fully intact. Peter navarro claims his earlier comments were taken out of context after suggesting the deal was over. The European Commission is more confrontational. E. U. Lash out at beijing over hong kongs autonomy, disinformation, and foreign investor meant foreign investment. We are in brussels. Hard times for softbank. The Company Sells part of its tmobile stake, creating 21 billion dollars to help offset record losses in its investment business. We will have the details for you briefly. Just under one hour away from the start of cash equity trading in europe. Lets take a look at futures this morning after we closed down yesterday in the u. S. And the u. S. Managed to eek out some gains. They are trading solidly higher. Dax futures are up. 6 percent. Ftse futures up about. 25 . What do you see on the gmm . Anna we have certainly been whipsawed by those comments by Peter Navarro on trade and the abil
Cases continue to surge at home and abroad. The World Health Organization reports a oneday high for global infection. Japan plans to pitch for ancial workers under g workers uneasy about their future. Lets take a look about a look at how markets are setting up. Asian risk assets likely to see a selfstarter this monday as a sections are weighed up against improving Economic Data. We have a calendar today with hong kong pmi and indonesian Consumer Confidence on cap. Kiwi stocks, little change. Fluctuating. P moving to a 10th of 1 . Haidi to our top global stories, one that is going to preoccupy markets in the second half. Local coronavirus cases topping 11. 3 million. The World Health Organization reports a single day record in new infections globally. Cases any the u. K. , south africa, japan and the philippines continue to rise. The u. S. All the daily infection rates low. Calling for more restrictions to curb the outbreak. In australia, nine Public Housing tower blocks with 3000 peopl
New york city, blake burman with the latest from the president and Lauren Simonetti is watching the markets. Lets kick it off with kristina. Reporter ive been all across the city. Now we stopped in the diamond district. Iconic, on west 47th. What we can see pretty much sound looks like a construction site as many businesses with the exception of this one here are clearing out all of their goods, boarding it up with wood. This comes at a time when new york city has enact ad curfew, a much, much earlier curfew 8 00 p. M. Tonight. Many shops, trader joes are closing much earlier. Signs are closing at five to 6 00 p. M. So store clerks get home as safely as well. You have almost 2,000 arrests just over the past five days in new york, primarily a lot of these looters, just over the past 48 hours, targeting stores all across the city. 700 arrests just within the last 24 hours alone. One store, rolex, talking about the diamond district, got to mention rolex, they lost roughly almost 2 1 2 Mil