Will reopen the economy if it is safe. And the italy and italy and lowering in the number of cases. Manus we are getting some breaking news. We go to the heart of earning season. Single structure. Jennifer may will leave at the end of may. Numbers, First Quarter, nonir four f. They see a solid start to 2020 despite the eye of the coronavirus storm. And First Quarter results, they theyted some softness and had said there was a little bit of a dent with a significant new business having been derailed. They see a solid start to 2020 amid this covid19 crisis implying a strong rebound. In the structure at sap. We are waiting to see if any other news is coming through on their dividend. Good morning. It is all about the oil market. Nejra absolutely. 20 7 revenue increased for sap. The tech sector is going to be in focus this week. In the u. S. As well, we have the following revenue and the pulling away of the forecast for ibm. Tech has been resilient in the equity market. If that falls, we m
Guards 1st beat us then made us do hard work then they took us by minibus near the river and when we got there they threw us into the river some afghan migrants are said to have drowned in the river that flows between iran and afghanistan their distraught relatives and the Afghan Government want says. My brothers ventry iran 30 days ago yesterday we heard that the very ground the iranians do with included evil and threw them into the water Irans Foreign Ministry has denied the allegations and says the incident happened inside afghanistan it could trigger a diplomatic crisis between the 2 countries at a time when the coronavirus pandemic has seen an exodus of afghan migrants leaving iran and returning home at least 265000 afghans have crossed back from iran this year some blame them for bringing in the virus iran has the regions worst outbreak but despite this some afghans continue to look for a better life theyre trying to escape conflict and poverty decades of war have left afghanista
Euros for vaccines diagnostics and treatments and all of these money will help kick start unprecedented Global Cooperation and it will create a truly unique Global Public good in the u. S. The trumpet ministration is projecting coronavirus deaths will reach 3000. 00 a day by the end of the month thats according to an internal report seen by the New York Times the document also forecasts new cases increasing to 200000. 00 each day it comes as a number of states have started to reopen their economies despite warnings from Public Health experts our White House Correspondent kimberly hawkers has more. Yes the numbers are astonishing they have been upgraded from about 25000 infections a day 2200008 day by the end of june with the number of daily deaths by june rising to 3000 a day this is enormous in terms of the projections given the fact that these states are reopening now the white house has responded saying look at these are centers for Disease Control models these are federal Emergency
Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors like that. The stock is up nearly 6 . Okay. More on all th
Futures and negative territory for the first time on record. Air travel is floundering with carriers slashing services and grounding planes. Richard branson says the virgin operation may not survive. Today was big story the crash in oil prices. We have the wti futures settling at 37. 63 per barrel. You are taking a look at june futures at the moment. This of course still at a volatile level, but the real question being is will it suffer the same fate . Today, we saw the technical auditing exacerbating the price plunge away from the may futures contract ahead of the Energy Companies running out of place to store oil. U. S. Futures jumping 3 10 of 1 after they pulled back from a six week high. Quibi stocks under pressure. Jim. Ng us now is what was interesting in todays session was it a virgins we saw in the market. We had the price of oil collapse but at the same time, really not a lot of movement when it comes to the u. S. Stock market for the treasury market. Why are we seeing such di