A par with a global. Love song the only reason all eyes are on frankfurt today our correspondent charles to delay. The financial toll at the crown affair intending to now but investors are hoping the e. C. V. Will throw a lifeline to the economy to soccer and. So its all retailers except food and pharmacy businesses so we take a look at the countrys fashion industry and the corona current time. This is the business of. Around the world stocks a fall sharply in another day of trading the u. S. Ban on travel from europe has jolted Financial Markets that were already struggling to stay afloat under a wave of bad data on coronavirus faces the declaration of a pandemic served as a final stroll that 1st sent wall street reeling so and wednesday. Many investors and asia began selling selling almost immediately to begin their thursday sessions the shanghai composite hung saying in hong kong and the nikkei in tokyo all seeing broad losses by close yesterday as hopes for government stimulus clea
Could move the eurodollar. We also focused on the oil markets. Saudi arabia faces a daunting oil market surplus. Up, they hear from the former lng executive. He proposed a takeover offer by the Hong Kong Exchange and we will have plenty more on the corporate story. It broke about 24 hours ago. They will have a look at the exact response of the london Stock Exchange. Lets get straight to bloomberg first word news. Bloomberg has learned in a show of goodwill that china may resume u. S. Farm inputs. This comes as donald trump says he is postponing a 5 tariff increase by two weeks. The delay causes u. S. Levies on chinese imports at 25 . Sweeping cats from a no deal brexit. Chaos from a no deal brexit. The warnings outlined in a u. K. Government paper. The internal document is called operation yellow hammer. Ministers were forced to release it to comply with the deadline. Law intendeding a to prevent Boris Johnson from forcing through a no deal brexit but he says he is ready to do it anywa
Morning, congressman and Ranking Member doug collins here to talk about all things mueller after yesterday. Ohio congressman house intelligence and weighs Means Committee member joining us and house energy and commerce manager debbie plus tennessee congressman and Committee Member is here on israel boycott bill, and c op of Raymond James paul riley on company fernings but ceo of ups will weigh in on earns and brotdzer economy. Dont miss a moment of it and top story this hour more than six hours on the hot seat yesterday former special counsel answering to lawmakers for first time leading dmets with little hope for impeachment mueller taking heated questions concerning the wording of his report and the conclusions. Watch. The president claimed your report found no obstruction and that exonerated him but that is not what your report said is it . Correct that is not what the reported said. Report did not include that he did not commit obstruction of justice is . Is that correct . Thats co
Things have changed, we have different numbers. New highs for 2024. The two youre getting closer to 5 two year. The quote of the last 24 hours around this desk, jp morgans david kelley, the sound of their slingshot on a june cut. Lisa stephen of standard charting, rbc, we are changing our fed call from 45 basis points to one of a duty five basis point move. Yesterday we saw the biggest self, the biggest yields since 2022 and it seems there might be more. Annmarie everyone is trying to revise. Starting to revise. This really seals the fate for the june fomc to push this further back. If we came into this year expecting when will the fed cut, and that is a matter of some people asking if the fed will have a cut in 2022 in 2024. Jonathan two big headlines crossing bloomberg earlier, triggers parenting rate cutlets to less than 25 basis points. Look at for exchange, the euro, 1. 07. The dollar having its biggest oneday since the banking stress of last spring. Dollar, 152. Never mind, it is
U. N. Team investigates the deportation from dominican republic. Be a spending spree in the city of manchester. 80 million of sterling from liverpool. After 17 hours of marathon talks in brussels a multibillion be euro be bailout deal. Athens would receive over 86 billion euros in return, greece has to make tough reforms which include tax hikes privatization and austerity. Be tsipras has until wednesday to overcome be opposition in parliament. Without that the package dies. First Al Jazeera Jacky Rowland reports from brussels. Reporter a deal at last. After talks that lasted all night, eurozone leaders emerged atthat they i avoided the worst scenario a greek exit from the euro. Today we had only one objective to reach an agreement. After 17 hours of negotiations we have finally reached it. Someone can say that we have an agreekment. No laughing matter for the greeks. They need to agree to a large package and agree to sell off 50 billion of state assets. An exhausted Alexis Tsipras trie