11. 6 billion deal on the top of the spanish 600. Part of the solution. Saying europes banks have come a long way since the last crisis and the sector is key to the recovery translator it is only with strong banks and Strong Capital market, europe can afford the means to fight the consequences of the europe pandemic for the first time President Trump publicly admits joe biden won the election but refuses to concede. Meeting with top vaccine makers as coronavirus cases across the u. S. Top 11 million. Good morning, everybody. Welcome to the start of a new trading week lets get you right into the market action. The hand over from asia was pretty positive. The nikkei and the highest level ever positive data coming out of china. Industrial production beating expectations retail sales a miss but the strongest level it has been. Weve had news of the latest trade agreement signed in the asia pacific alongside china abolishing tariffs for 92 of the region another positive boost for stocks over
Gears today the future. Dot com. Click turn. Theyre still counting all the election votes in the United States markets from wall street to hong kong seem able to smell of victory they like. Also coming up the Worlds Largest i. P. O. Was a jew today but beijing brought it to a grinding halt at very short notice we take a look at what happened to the 37000000000. 00 and group listing. And kenya seeks a friendlier repayment terms for a. Annis loan used to finance a Railway Construction project. Welcome to d. W. Business im joined on in berlin thanks for joining us now markets may despise uncertainty but theyve been taking election variability on the chin quite well even the Dow Jones Industrial average climbed 1. 27 percent right at the opening on thursday asian shares a scaled near 3 year peak after a Democrat Joe Biden picked up wins in some closely fought states and great publicans looks set to hold on to their majority in the Senate Analysts are calling it the goldilocks gridlock or t
Declared a state of emergency for 6 months well that has led to outrage in some places like madrid where people rioted against the measures these include a nighttime curfew and in some areas the closure of restaurants bars and shopping malls well their anger is mixed with fear for those struggling to get by the future looks bleak residents in cities like barcelona were already struggling with unemployment and high rents since the economic crisis a decade ago and the pandemic has only exacerbated their worries grasso martinez is a bailiff who carries out evictions its a job that can be both emotionally taxing and dangerous. Really hes a bearer of bad news. We have a Court Warrant that will you open up. Some martinez works in barcelonas last detail at area his job is to people the coronavirus pandemic is a busy time for him more and more people slip into poverty and can no longer pay their rent we have a court ruling you have to leave today. Why were we told. Leaf im here now you must ha
Conservation. How to make see the screen. How can we protect our tests. We can make a difference to. The ideas the environmental series of little 3000. 00 on t. W. Gone. Were being told to keep things clean. d d d through direct contact or through the air traces of corona virus can be transferred to the objects we touch and in turn transfer to us. To keep that from happening weve come up with innovative ways to avoid having to touch things. And to keep surfaces clean. Living our lives means its impossible to avoid all types of contact so we need to understand the real. Risks in our environments. How long does the virus remain viable on surfaces and is it ever there in dangerous amounts do surfaces pose the threat we once thought they did. And this is the covert 900 special hello and welcome to the show im Stephen Beardsley in berlin good to have you with us money shopping cards door handles just about everything we touch is getting a 2nd look these days or even a clever work around lik
On the day could be the reemerging trade war between the u. S. And china, china saying it will slaps sanctions on defense contractors. On this we have greens and other commodities lower, along with stocks. The chip index is a poster boy for the u. S. China trade war that is underperforming, down 2. 5 . That is another nuance developing, as if we needed more. Guy talk to us about david talk to us about the bonds. Last week we were talking about the reflation trade. We saw the 10 year goa above 85 basis points. Now i see it below 80. What happened to that trade . Abigail that is the bid for bonds. That tells you some traders are nervous. They are hedging around not just today but last week. That is why we had bond selloff last week. The yield curve steepen spirit we had stocks down. The nasdaq 100 down for the first time in five weeks. Todays trading action is a continuation of what we did have last week, and it is interesting. Another piece you and i were talking about last friday was t