Donald trump orders in and to hong kongs special status well signing legislation to sanction chinese officials. Beijing vows to take strong countermeasures. Earnings season continues. In the united states, Goldman Sachs reports after jp morgan, citigroup, and wells fargo set aside almost 28 billion for bad loans in the Second Quarter. Welcome to the program. Just under an hour away from the start of the cash equity trading day, lets have a look at futures. We do have a lot to talk about when it comes to the Banking Sector and the bad debt story in the u. S. All of that was quite dominant in yesterdays session, but we do have some catch up to play in the europe in europe. Plus, we work in the latest trial data from moderna over in the u. S. That particular vaccine getting some headlines. As a result of that, we see that lifting stocks in asia and futures in europe and the united states. Lets get to some breaking news. Some numbers coming through from burberry. Lets get to those in the f
Come friday, thats mayday, with spring weather, getting out of the house and back to work will surely take another step forward. Look at this. Investors love it. We know we are in the middle of a seriously shrinking economy but back to work means a way out of the mess. Top officials including the president and the treasury secretary expect a vigorous recovery later this year. And soon, we will see the Financial Statements from the allimportant big tech companies. Investors are expecting solid results and that, too, is helping the overall market. Heres the big negative of the day. The tumbling price of oil. We dropped to 10 a barrel. Now we are at 11. 87. At the moment, its not hurting the stock market, but the possibility of going back to a zero price or a negative price as we did two weeks ago, that is still on the table. Gas, yep, keeps on falling. Not quite quickly enough, maybe. 1. 76 is your National Average. Wisconsin still the cheapest. The average price today actually went up i
Also tonight. There are 42 flood warnings still in place in the north of england, ministers will hold an emergency meeting tomorrow, as locals underline the scale of the crisis. Weve never experienced this in our lifetime. Weve lived here for nearly 55 years. I was born here. And we just think the system has completely let us down. One of the uks biggest steel makers has been rescued by a chinese company, potentially safeguarding thousands of jobs. In hong kong, two people are in a Critical Condition after another day of demonstrations by democracy campaigners in hong kong. And a two minute silence across the uk, as people gather to pay tribute to those lost in two world wars. And coming up on sportsday on bbc news a fourth consecutive gold in a championship record in the javelin. Hollie arnold starts for Great Britain at the world para athletics. Good evening. Theres been a potentially significant shift in the dynamics of the upcoming election, caused by the brexit partys decision not
Positive. Its good. There are 42 flood warnings still in place in the north of england. Ministers will hold an emergency meeting tomorrow as locals underline the scale of the crisis. A state of emergency has been declared in New South Wales and queensland as bushfires continue to burn, posing what authorities say, is a catastrophic threat. Families in england will benefit from two cannabis based medicines approved for the nhs but others say they still wont get what they need. And at half past 11 well be taking an in depth look at the papers with our reviewers asa bennett, the brexit commissioning editor at the telegraph and sienna rodgers, the editor of labourlist. Theres been a potentially significant shift in the dynamics of the upcoming election caused by the brexit partys decision not to contest those seats won by the conservatives last time. The Brexit Party Leader, nigel farage, who once promised to stand in the vast majority of seats across the uk said hed made the decision beca
Now on bbc news, live to singapore for Asia Business report the mouse versus the dragon. Disney launches its streaming service as it ta kes launches its streaming service as it takes on its chinese rivals. And chinas port crisis. How african swine fever is impacting supplies of the countrys favourite meat. Welcome to Asia Business report. We start with the streaming war because entertainment giant disney launches its disney plus Service Later today. It faces fierce competition around the world, not least in china. We have more on the highly competitive business. It may be coming late to the party but it is coming in style. Disneys streaming platform will be a Formidable Force in what is becoming an increasingly crowded marketplace to their mission, quality, not quantity. You cannot only a lwa ys always make great stuff. But we want to make sure we have the best chance to make sure we have the best chance to create something spectacular. Ahead of the launch, disney removed its co nte nt