3000 jobs will be cut under bains new ownership. Bain capital ownership, which in addition to these details relating to jobs, we are also expecting to hear about aircraft fleet and the future as well, this after bain bought Virgin Australia in what is a pretty bold that on an industry that has been shattered by the travel restrictions and the coronavirus pandemic. Virgin australia committed to regional and charter flying. Of targetsindication and priorities when they are restructured in addition to 3000 jobs being cut. Also getting data out of australia. Manufacturing pmi, services as well as composite index coming through. Dropping from that preliminary number for july. The composite number of 67. 8 also a little bit weaker. The performance of Construction Index coming in at 42. 7, higher than 39. 5. Lets take a look at the aussie dollar. Largely to do with the situation in victoria. We have that renewed lockdown, stricter stage four restrictions. At this time, later on today and tomo
About an hour and 45 minutes. I want to thank everyone for joining us for the official remote hearing. I want to make sure to note specific requirements. Let me begin by saying Committee Rules and practice continue to apply during the hearings. Members are reminded they are expected to adhere to decorum. With that said, the period designated by the speaker, 965, from the rules committee in a manner that respects the rights of all members to participate. House regulations require members to be visible during the proceedings so keep your camera on. Also if you participate in other proceedings please exit this one and log back in later. Of the member encounters technical issues that prevent them from being recognized for their questioning i will go to the next available measure member of the same party and recognize that member of the next appropriate time slot provided they have returned to the proceedings. Should the members time be interrupted by technical issues i will recognize the n
Soon. Talk to aljazeera. Is the government not attacking the necessary action to really address some of the structural issues we listen i still think that air travel is the safest mode of travel and to spend that we meet with global news makers and talk about the stories that matter on aljazeera. I ever be ok if you are watching the stream today were going to take you to 1988 was a turbulent time for us around relations shot iran was living in the United States hed fled iran in iran american hostages have been grabbed from the u. S. Embassy in tehran and has to take a 2nd we are not giving back these americans and to you give us the shah because we want him to stand trial for human rights abuses diplomacy wasnt working so in the midst of this back and forth president carter was president at a time for the United States he essentially and a rescue mission for the hostages into iran that operation was known as operation eagle claw theres now a new documentary about that time lets take a
Companies listed in new york. Tiktok remains a major stumbling block. Uber delivers, but not where we might have expected. Food shipments top ridehailing for the first time as the decade of unchecked growth hits the brakes. Haidi lets kick it off with a check of the markets. U. S. Stocks are surging, pushing higher as hopes of a stimulus to deal in congress will be imminent as President Trump says if nodeal is forthcoming, he could take action himself. The are seeing s p futures looking flat at the moment after the s p 500 pushed its fifth straight positive session overnight. Chicago nikkei futures also pretty flat at the moment ahead of the holidays kicking off next week so as you expect, we are seeing traders shifting their holdings and also assessing a flood of earnings. The aussie dollar holding that threeday again before the rba Quarterly Monetary Policy forecast. That report due out this hour. 72. 33. We heard from phil evans in the previous hour saying he sees putting clear road
Apply during the hearing but all members are reminded that they are expected to adhere to the standing rules including the quorum. With that said im designated by the speaker the committee will operate in accordance with 965 under strict it guidance from the rules committee to respect the rights of all members who participate. House regulations require members to be visible throughout a video connection during the proceedings so please keep your cameras on. Also if you park dissipate in the meeting please exit this one and log back in later. If a member encounters a technical issue that prevents them from being rack ignites for their questioning i would move to the next available member of the same party and i will recognize that senator in the next appropriate timeslot provided they have returned. To do to members time being interrupted by technical issues i will recognize that senator at after meeting time with her issues have been resolved. During questioning her testimony while res