Stake. And, one more reason to leave the bay area. Devastating wildfires burning through californias wine country again. We will take stock of the damage. Those stories and more. Vmware shares up today on the back of vm world. Overall, the rebound faded today. Lets get a complete picture with Sarah Ponczek in new york. We just got some breaking news out of disney. Offcompany now laying 28,000 workers in its parks business. They had been struggling in the midst of the pandemic. Many of these workers had been furloughed with benefits but now they will be officially losing their jobs. More devastating news. Weit is just a reminder that could see more layoffs as the labor market improves. On,fact that, as time goes if we do not resume normalcy, Companies May have to make amends. And that could mean further layoffs. When you look at the Broader Market today, it was really a wait and see day. Volumes across the major stock exchanges, the lowest Trading Volume in over a month. Onlly waiting a
U. S. For tallys from the coronavirus top 75,000. The u. K. And france prepare for some easing measures from next week. Playing ball. China and the u. S. Agreed to cooperate on implementing their trade deal, despite a blame game over the coronavirus. Welcome to bloomberg surveillance. Im nejra cehic in london. We are seeing a clear risk on tone ahead of the payrolls report. , one of theg adjectives being described what we could see, the job losses to gains. T a decade of job what we heard on the u. S. China trade talks perhaps giving assets a lift. You are seeing green on the screen in terms of u. S. Futures and european equities. The nasdaq has also wiped out its losses for 2020. Yesterday, the two year yield hit a record low, along with the five year yield. Oil catching a bid, heading for a second weekly gain. Lets get the bloomberg first renews now. China and the u. S. Have agreed to cooperate and work toward implementing their phase i trade deal. Chinese vice premier talked with th
Damage assessment economists expected payroll reports to show 22 million job losses, taking unemployment levels to their highest since the 1940s. Neel kashkari says the impact will be devastating. And customer orders slump. We speak to the ceo. Lots still ahead in the trading day. We will talk about siemens numbers and the lack of visibility. We also get plenty of analysis for the jobs report which we expect to see later today. With that in mind, lets take a look at futures. It seems we have found plenty of reason to be cheerful this friday. We will not have any trading in london because it is a Public Holiday, but we have plenty of positive trading coming in from the Asian Session and indeed, in the futures, we see that reflected. Futures point higher by around 1. 3 while european futures, where we see moves to the upside. Euro stocks futures up by a similar amount. Of focus on reopening, which seems to be taking place or being planned for in various parts of europe and in some cases
The Chinese Military. There is a workaround to the blacklisting. Malaysias president is not satisfied with goldmans offer to settle the 1mdb case. Goldman sells me a killing on this. The fed stays in the spotlight. Top officials talk to us about rate cuts and policy plans. 50 basis points would be overdone. Its too early to know whether we should use the tool at all. And what magnitude we should apply. Its all straight ahead on bloomberg best. Taylor hello and welcome. I am taylor riggs. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. President trump made it clear he was ready to impose additional economic sanctions on iran. On monday, he followed through on that pledge. President trump today imposing sanctions on the Supreme Leader of iran. Telling reporters at the white house, the action would deny the ayatollah access to financi
Warning. Huawei is the focus of deepening geopolitical controversy. It has distanced itself from the Chinese Military. There is a workaround to the blacklisting. Malaysias president is not satisfied with goldmans offer to settle the 1mdb case. Goldman sells me a killing on this. The fed stays in the spotlight. Top officials talk to us about rate cuts and policy plans. 50 basis points would be overdone. Its too early to know whether we should use the tool at all. And what magnitude we should apply. Its all straight ahead on bloomberg best. Taylor hello and welcome. I am taylor riggs. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. President trump made it clear he was ready to impose additional economic sanctions on iran. On monday, he followed through on that pledge. President trump today imposing sanctions on the Supreme Leader of