Two or three hours ago. The vix comes in from 44 to 41. There is a whole idea of an expanding pandemic all the throughout multiple geographies. There is optimism with Research Houses reaffirming some form of vshaped recovery. It is the oddest monday i can remember. Francine it is a pretty odd monday, although i have to say i have had other odd mondays. Thats get to first word news with ritika gupta. Economyin china the keeps inching its way out of the coronavirus, less industrial output rose 4. 4 percent in may from a year earlier. At missed estimates, and consumer demand is sluggish. Retail sales declined more than expected. So did fixed asset investments. The white house top economic advisers rejecting a more cautious outlook for the economy. Larry kudlow says the chancellor will be the chance will be for a vshaped recovery. He told cnn the Unemployment Rate will fall and 2021 will be another solid year. Kudlow also said the 600 a week on his payments made some americans will end jul
It is not clear when the vessel will leave. The ships crew has not turned on its satellite tracking equipment in newly two months, but there has not been any signs it has left its position off of the iranian coast. The World Antidoping Agency is giving russia three weeks to explain possible signs of tampering with data from its doping laboratory. It is an accusation which russian officials fear could lead to a ban from next ares olympics. Over the data was a key requirement for reinstatement of russias antidoping agency. The computer files were critical in prosecuting cases alleged of cheating at major events. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg we are follow
From the global markets, this is the picture in europe as the markets open. And well be getting the inside track on the bumpy ride uber have been on this week, as well as bitcoins rollercoaster ride, with our tech guru Rory Cellan Jones. December is finally upon us, and this weekend is set to the busiest for Christmas Tree sales here in the uk, but amid warnings that glittery decorations are bad for the environment we want to know if you use the same ones every year or buy them new . Let us know just use the hashtag bbcbizlive. Hello, and welcome to business live. The United States is on course for its largest tax reforms in more than 30 years but hasnt quite got there yet. If last minute disagreements can be overcome, President Trumps big hope is that the refrorms will boost growth for the worlds biggest economy. And that could eventually make the rest of the world richer, too. Firstly, it will be very expensive costing the government 1. 5 trillion over the next decade. Some of that i
Asia for the latest. Here, the markets lower slightly, we talk you through the winners and the losers. And well be getting festive with fortnums. The boss of Iconic Food Drink retailer fortnum and mason will be here to give us The Inside Track on the busiest time of the year. And new Research Says using facebook and twitter at christmas will make you more miserable than merry. So we want to know are you taking a break from social media this holiday period . If so, dont do it yet let us know. Just use the hashtag bbcbizlive. Welcome to the programme. Dont panic, it is december 20 seconds today, i said 23rd and i got worried because i have got so much to do worried because i have got so much to do we start on wall street, where it seems this chap has made an appearance because the grinch has, temporarily at least, stolen christmas. They have been calling it a santa rally and after a week of record closes, investors were expecting to celebrate the Dowjones Industrial Average hitting 20,00
Hello, welcome to countdown. Im mark barton. Edwards. Nna stay with bloomberg all morning because we have big interviews coming your way. The first door opening in dubai, the First International store. We will be speaking with the ceo , taking us through the decision, later on countdown. Exclusive interviews, u. S. Relations with the u. K. , and ,ollowing the latest earnings an exclusive conversation. States and the European Union have or although the list of russians targeted for further sanctions over crimea. Eu leaders met for the second day of a twoday summit in brussels. The possibility of more sanctions top the agenda. Ryan chilcote is in brussels with the latest. Good morning. Late last night, the eu expanded its blacklist of russian officials that will be subjected to asset freezes and travel bans based on short of economic sanctions. I followed her next mention of the United States blacklist. They expanded the number of officials they will expose to asset freezes, broadening i