The startling offer from President Trump to the family of a british teenager killed in a crash with an american diplomats wife. Its been an intense day of negotiations in brussels and the situation is still unclear. Here is the bbcs Political Editor telling us a little while like. The negotiations, though, looks set to carry on this evening and potentially into tomorrow, when the latest european summit begins. Bruno waterfield from the times says. He goes on to say. Despite all the twos and froze and the fact there is no deal coming this evening, there remains a lot of optimism about the situation. For example, listen to emmanuel macron. Translation we also worked on preparations for the European Council summit tomorrow and friday. We talked about the budget, european enlargement and of course brexit, on which i believe an agreement is about to be finalised which we can sign off on tomorrow. It looks like were heading into another layton brussels. Late night. The bbcs gavin lee is righ
Cautious, they will move out of less liquid risk assets such as oil first. We are seeing it here for the official correction in seven days for oil. As for that ism print and why investors may be so concerned that could be bearish for stocks and they selling stocks are rapidly, take a look at this chart in the bloomberg going back five years. In blue, the s p 500, the eisai manufacturing. We are seeing it as the weakest since 2016. Stocks levitating toward those alltime highs. Not able to move past. Take a look at manufacturing. The lowest level in 10 years. Investors may think there is going to be a meeting between these lines, which could be bearish for stocks. Some investors betting on the idea of 2700. All sectors and most stocks are joining in. Lets take a look at some of the biggest laggards on the day. We will see apple, alphabetic, highquality names being sold off. Also the materials and industrial space. Confirming all of this, and is for haven bonds. For haven bonds. The yenyi
The duke and duchess of sussex end their tour of Southern Africa as the couple sue a sunday newspaper for publishing a private letter. Tributes are paid to the former itn and bbc news presenter Peter Sissons who has died at the age of 77. In a moment, the National Bulletin with a full round up, but first, borisjohnson has laid out his new proposals for a brexit withdrawal deal and used his First Party Conference speech as leader to urge compromise from the eu. The Prime Minister has suggested an alternative to the controversial irish backstop, that would mean Northern Ireland staying in the Single Market but leaving the Customs Union with the rest of the uk. It gives the Northern Ireland assembly a say, and proposes no hard border checks on the movement of goods. This is what mrjohnson told Party Members today. Yes, this is a compromise by the uk and help very much that our friends understand that and compromise in their tone. Because of the field to getan their tone. Because of the fi
Thats a 25 percent increase on the year before so Human Rights Watch for example is asking why bodies like this remain in a section of the report where they are saying they are doing something but the figures quoted by the u. N. Itself shows exactly the opposite so this is where the debate is going to center once again this year peter about which countries which parties should or should not be on that list of shame him up for some kind of u. N. Action in time to come by thank you. Plenty more still to come for you here on the news including a vote for any democrat in 2020 years a vote for the rise of radical socialism. Why immigration is again once again topping the agenda as the u. S. President returns to the campaign trail. Also ahead mozambiques last revels lay down their own. Oms as a landmark piece steals. The sports news an emotional win for this teenage jockey in the u. K. And d. C. With that story in about 30 minutes. The United States is pulling out of a landmark arms control
Incredibly tight range for european equities. The pound is down. We are expecting Boris Johnson to become Prime Minister tomorrow. The pound was down a little bit more earlier, bouncing off its earlier lows. We continue to watch the situation in the gulf escalate, and we continue to watch the situation between the u. K. And iran escalate as well. Oil trading higher. Vonnie time for a bloomberg spook now bloomberg scoop now. Carl icahn is ebbing up his Occidental Petroleum in letters to shareholders. Occidental petroleum has just responded. We are joined by our deals reporter scott deveau, who broke the story. Occidental says we dont think we need one. What carlentially icahn is trying to do is get four directors on the board of occidental, and in order to do so he has to go through this very convoluted process. He has to get a record date, and get shareholders to support his move to replace four directors. Occi shares are barely moving. Do they think you will have much success here . S