That remdesivir showing the risk of death in severely sick patients is very very promising and now the ceo had to couch that with, you know, that fine print, but these latest findings require some confirmation, so again thats just in keeping with the requirements that all of these biotech giants face in coming up with potential cures and or vaccines for this virus, but a lot of fastmoving developments are keeping track of the president , and hell be in florida very soon and speaking there raising money there, and hes got a busy weekend coming up with both duties of the job, duties for the campaign, raising money, also the back and forth whose better for wall street, the president says he is, joe biden says that hes not vowing to investors or Shareholder Capitalism, and im not quite sure what other capitalism there is, but anyway, were going to explore that back and forth with the likes of Bernie Marcus who of course came to fame and built a billion dollar empire with home depot when no
Huawei. The s p 500 down 0. 9 . Dire Economic Data followed by confidencey good data, according to the Michigan Consumer sentiment data. But we are checking the innards of those data to see what is going on there. The 10 year yield at 63 basis 28. 53, up crude at a good 3. 5 today. Lets get to europe. Germany plunging into recession, gdp falling 2. 2 in the first quarter. Bloomberg has been speaking with executives of German Companies about the pressures caused by the pandemic. Have a listen. The times are turbulent and they are complicated. The real question everyone is asking, how quick will be recovery come . The uncertainty remains. There is still very much uncertainty, so from that point of view, we remain kind of cautious. I think it is too early to call an end to the globalized world. We assume a ushaped in area into year end. We are presuming recovery on the one side, which is important. We dont know exactly how the restart and the unraveling of the current lockdowns across the
Well get into that as well. Deirdre bolton has all the fast moving developments from the big board. Neil what a week, what a week indeed. This is the worst week for the dow weve seen since 2018. Just the volatility alone today. As we can see down 470 points. We were down more than 900 points earlier. I want to highlight quickly some of the stocks that are limiting the losses on the dow. You have two pharmaceuticals, not a huge surprise in the backdrop of these fears about the coronavirus spreading and one staple which also does sell face masks. Merck and pfizer, we know merck has had a long history of developing vaccines. So you do have the stock moving higher limiting some of the losses. Pfizer as well, and 3m which does make the face masks. If you look at some drags on the average, part. Reason today, why were seeing so much weight you have apple, microsoft, two Huge Tech Companies that both have exposure to china. Apple in 2019 got 17 of revenue from china, microsoft about 10 . Both
And with the Lunar New Year fast approaching incense makers are scrambling to stay ahead of the demand. Its good to have you with us tensions between india and pakistan have been high since last year when a series of events pushed both countries to the brink of wall these included airstrikes on the bedroll of special status of the indian controlled portion of the disputed kashmir region now in an exclusive interview to did up to pakistans Prime Minister imran khan says this is down to an extremist ideology and extremists. In india imran khan was speaking to did a new editor in chief. In. We were nearly facing a war last year and ever since Prime Minister modi script this special status for indian administrators kushner last august its getting even more tense what is your government doing all planning to diffuse this tensions with new delhi look i was the 1st. Political leader to warn the world about what has happened india. India has been taken over by an extremist a racially extremist
Im british manager welcome to news asia its good to have you with us tensions between india and pakistan have been high since last year when a series of events pushed both countries to the brink of war these included airstrikes in the bedroll of special status of the indian controlled portion of the disputed kashmir region now in an exclusive interview to did up to pakistans Prime Minister in bonn conses this is down to an extremist ideology and extremists that are in power in india imran khan was speaking to did editor in chief in a school in islamabad we were nearly facing a war last year and. Special status. Last august its getting even more tense what is your government doing all planning to defuse tensions in this new delhi look i was the 1st. Political leader to warn the world about what has happened india. India has been taken over by an extremist a racially extremist exclusive ideology which is called hindu. Ideology stems from r. S. S. R. S. S. Was born in 1025 model that its