More than 2 on the stoxx 600 great s p futures point to another day of decline in the u. S. On track for six days of declines and heading for lowest close since october and global stocks for the 10 year yield hitting a fresh record low. Yields are dropping across the u. S. Curve. The two year yield sitting around 112. To the euro missed the risk off memo . Three out of the past four days. 10947. It could be down to the broad dollar weakness. The yen has been big today along with gold. Saying we could get 1800 on gold. Wti extending its slide beyond a 13 month low. Lets get the bloomberg first word news. We begin with italian Opposition Leader Matteo Salvini who accuses the government of underestimating the threat of coronavirus. He is urging them to earmark at least 10 billion euros for emergency measures. I think it will be the composed of factions the dont like each other. Its already the weakest in terms of growth. After the virus, which will evidently slide us into a recession, a g
Violence and unrest as protesters in hong kong begin the new year with another massive march demanding greater political freedom. Supporters and members of an iran backed group of withdrawing from the u. S. Embassy compound in the iraqi capital baghdad after 2 days see each of americas biggest Diplomatic Mission leaders of the Popular Mobilization forces ordered them to leave but theres a condition they want to Iraqs Parliament to vote on our timeline for the withdrawal of Foreign Forces the protesters are angry about sundays airstrikes by the u. S. On the hezbollah brigades camps that killed at least 27 people now earlier on weapons day the crowds threw rocks and looked fires outside the comp. Irans Supreme Leader Ayatollah Ali Khamenei has also condemned the u. S. Strikes and warned tehran will defend itself if threatened the u. S. Dispatched an extra 750. 00 troops to the region following the protests President Donald Trump threatened to retaliate against iran said later he didnt wa
Seeks immunity from prosecution in three corruption cases. Violence and arrest as protesters in hong kong begin the new year with another massive arrest. Another massive protest. Supporters and members of anaren back group have withdrawn from the u. S. Embassy compound compound in baghdad after two days after a two day siege. Leaders of the Popular Mobilization forces ordered them to leave, but as a condition, they want a parliament to vote on a timeline of withdrawal of foreign forces. Protesters angry about airstrikes that killed at least 27 people. Earlier on wednesday the crowd threw rocks and lit fires outside the compound. Iran Supreme Leader has condemned the u. S. Condemned the airstrikes and says tehran will defend itself if threatened. The u. S. Dispatched an extra 750 troops to the region following the protest. President donald trump threatened to retaliate against iran but said he did not want a war. We begin our coverage with this report from baghdad. They left just as the
Are close to sealing a merger agreement, telling employees a final pact is coming within weeks. And shares in the lse group trade higher as shareholders prepare to vote on the 27 billion takeover well, a very good morning and welcome to street signs. One of our top stories today, alibaba has closed almost 7 higher after its hong kong debut, the Largest Global listing so far this year the ecommerce giant listed at a price of 176 hong kong dollars to raise 11. 2 billion in fresh capital. And as part of the ipo, the Chinese Company issued 500 million new ordinary shares. Emily tan is joining us live from hong kong emily, the largest ipo of 2019, quite a stellar postmarket performance with the stock up almost 7 in trading how has the reception been overall . Reporter you know what, juwana, the newcomer to the market today was the most heavily traded in hong kong with 1. 8 billion worth of shares changing hands as you mentioned, the stock closed up more than 6. 5 , off the days highs, but u
India, a country of more than a billion people is expected today to begin an initiative to clamp down on single use plastic including bags, cups, straws and disposable cutlery by 2022 but at a time when the government is concerned aboutjobs its rumoured the Modi Administration will hold off from introducing an outright ban. India creates almost 26,000 tons of Plastic Waste a day, thats roughly 115 times the same weight as the statue of liberty. And they arent alone. According to the un the world throws away 300 million tons of Plastic Waste each year thats enough to fill 65 million shipping containers. A lot of that ends up in the ocean, with Marine Plastic pollution estimated to costs the world between 500 billion and 2. 5 trillion a year in lost earnings. But even the thought of a proposal to limit plastics in india has already spooked businesses and manufacturers. Suranjana tewari travelled to gorakhpur in northern Uttar Pradesh to speak to some of them. India has one of the Fastest