You are watching live from bloombergs european headquarters. I am caroline hyde. Missing masterpieces. We check out the big business of art theft. Ford is treading lightly. It looks pretty heavy. Lets start with president obama. He is with the president elect in warsaw. This is ahead of the summit in brussels. That is where we find hans nichols. The details. We have the public details and the private details. Is talk ofhere additional sanctions if russia moves the troops back to the border and has another incursion. Publicly, we have William Hague and we will listen to what he has to say. The sanctions are on the table. The have an addendum. They say it is unlikely and the same line is coming out of berlin. The german official is saying. He sanctions are unlikely listen to what William Hague had. O say this is an election with clear results and he has been elected with clear results. Bilateral discussions. This reduces tensions. These are all things we want to press against Vladimir Pu
They could become a sovereign issue. We are a few minutes away from the adp employment report. Investor,e deal for but economics editor Michael Mckee says the real deal could be the report has been overshadowed by what . It is normally a big thing for the markets, but news yesterday and tomorrow could overshadow this. Boy, did americans by a lot of metal in the month of may, a nineyear high. Was it the consumer getting better, or a catch up from a lousy winter . Analysts say it is a little of both and it will not be sustainable at that level, but if we seek sales like that they will ramp up production and that will add to growth on top of an economy that is already rebounding, running at a three. 9 gdp rate so far this quarter. In the position of confirming some strength rather than changing any direction about the way people think about the economy. The forecast is for 210,000 jobs to have been created in the private sector, roughly within the range we have seen the last couple of mon
The pharmaceutical giant roche has delivered sales of 34 . 8 billion swiss francs. The estimates were 35. 5 billion swiss francs. That is a nine month number. We are also getting news coming , the american medical board approval, for one big drawing. This was the driver for one big drug. Had approval at the fda, thats the block rest are drug in the making by 2019. Lets give you some of the other numbers in terms of pharmaceuticals. Me, theion it gives market was looking for 27. 2 billion dollars. Diagnostics, the other side of the forecast is confirmed for 2014. Next, this is a company thats reduced its debt to equity. A swag bag, where will they go next potentially . Discussionhave a ceo, joining us later in bloomberg programming to run through the numbers. On to one of our other big stories, stocks selling off across the globe. Asian inequities have fallen to a sixmonth low following falls in europe and the United States. Compellingas the statistics. Lets see who has the compelling s
We have emergency officials from the Fire Department telling people to leave. It is in evacuation zone after all. Obviously, it is closed today. Sandbags outside. Lots of tourist there incidentally taking pictures. Getting a little more than they bargained for with their trip to new york. There are a few shops open. Down here in battery park, you cannot even find a starbucks or mcdonalds that is open much less one of the local dailies. They are all closed up. It will be a large impact. I heard from the president of bliss at the spot, i am sure you know it well, melissa, it is really unfortunate that they had to close. This things always seem to happen at the end of the month. What would they rather do than go to the spa, but unfortunately, he could not get his workers in. So many of these places are closing down, including the restaurant we are standing in the backyard of, really. We did have water coming almost all the way up earlier at high tide around 9 00 a. M. This morning. Rain i
Youre watching bbc newsroom live its11am and these are the main stories this morning. A major blow for plans for a third runway at heathrow the court of appeal rules it unlawful as a result of the uks climate commitments. Two more people in the uk test positive for coronavirus bringing the total number of cases here to 15. With more than a0 countries now infected with coronavirus, saudi arabia stops pilgrims from entering the country over fears about the spread of the virus President Trump tries to calm fears in the us, telling his country the risk remains very low. Hes put Vice President mike pence in charge of the american response. Theres a dramatic surge in the number of cases in italy more than 400 people
are now infected. And 1,000 tourists remain quarantined at a hotel in tenerife 160 of them british. The government sets out its demands for the post brexit trade deal with the eu threatening to walk away in months unless it gets what it wants. Warnings of another ten days of floo