A lot of the focus is on oil, a lot of the focus on what we heard from bp. Lets get a data check. European stocks really fluctuating, failing to Carry Forward the momentum that we saw. Yesterday, we had a technology fueled rally, which got support from positive Economic Data and potential further stimulus. Today, things seem to be going a bit sideways. Treasuries maintaining some of the losses. You can see european stocks down some 0. 5 . Lets get straight to the bloomberg first word news. Tiktok has to sell its u. S. Arm by september 15 or close. That is according to president donald trump. He says he does not care who buys it, microsoft or another firm, as long as it is a big, secure american company. The president also says any sale would have to include a substantial payment to the u. S. Government. Victoria imposing a fine for anyone who violates isolation rules. Fines could be around 3. 5 thousand u. S. Dollars. Repeat offenders may see a penalty of around four times as much. Vic
Companies listed in new york. Tiktok remains a major stumbling block. Uber delivers, but not where we might have expected. Food shipments top ridehailing for the first time as the decade of unchecked growth hits the brakes. Haidi lets kick it off with a check of the markets. U. S. Stocks are surging, pushing higher as hopes of a stimulus to deal in congress will be imminent as President Trump says if nodeal is forthcoming, he could take action himself. The are seeing s p futures looking flat at the moment after the s p 500 pushed its fifth straight positive session overnight. Chicago nikkei futures also pretty flat at the moment ahead of the holidays kicking off next week so as you expect, we are seeing traders shifting their holdings and also assessing a flood of earnings. The aussie dollar holding that threeday again before the rba Quarterly Monetary Policy forecast. That report due out this hour. 72. 33. We heard from phil evans in the previous hour saying he sees putting clear road
Vaccine. And we speak to one of the Worlds Biggest Oil Storage Companies about what is going on with crude it is july 29. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening wherever in the world you may be watching. Here is how your money are setting up their trade futures well call them mildly higher right now. With so much going on today, it is no surprise if wall street and traders are in a wait and see mode at least what weve seen over the last couple of months of 100 to 150 you may have guessed, today, it is all about washington, d. C. And a jam packed schedule. Youve got the Federal Reserve and no clues completing the triple play, Congress Still in intense talks and debate about the trillion dollar plus relief bill as the clock ticks and expanded Unemployment Benefits expire this friday, well get more on that going around the world in a developing story in hong kong, a jump of new cases overnight and new fears of community spread. Well go to Julian
Concentrate on fighting. With global news makers the stories the soldiers their own. Are at. It. What about the gentleman who died not fundable this who is with us she sent us the practice is that because when we do not be able to know these so you listen when you stretch we bury him 2 more for right. Now with both of them still working here is a 24 hour a day 7 days a week job to do but the amount of stress that we experience sometimes is immense i can still hope to maybe go on these balls. And. Thank you for the kind of. Im glad im a muslim funeral director here in london. Ive now part time and im letting the young people take over. So what will happen now is we have to take and miss frontin in front of the month to place this sentence in his coffin and we have another funeral happening today so after the prayers finish move will take the deceased down to the money im sometimes kind of scented that told not full building it back to the most open and she wants the genesis of foam will
In villages and sudan central darfor are demanding the government do more to protect them from troops. Plus thousands of International Students in the us risk of deportation if they university switch to online only courses due to the coronavirus. People simply go to school to news came to city to quarterback Patrick Mahoney signs a deal to give him the hardest valued contract in the history of professional sport. Now the Worlds Largest social Media Companies are reviewing their operations in hong kong after beijing imposed its new National Security law that now chinese short video up to talk has announced it will stop its operations altogether and the territory while zoom and linked in have joined a growing list of social media platforms including google and facebook who say they will now deny government requests. For user data now more details of that no have now been revealed police can conduct searches without a warrant stop suspects from leaving the city and intercept Online Commun