Consolidation coming uber reportedly talking about buying an industry rival more here on cnbc. Good morning, good afternoon, good evening where wherever in the world you may be watching. Thank you for joining us on this last trading day of the quarter frmt looking at the very early trade. They are down slightly 120 points to the dow. The nasdaq with a higher inflied over weaning we could see a reversal. Blue chips look to erase the selloff surging nearly 600 points that surge to put s p and the dow in a win column for june major averages on track to extend the track for three on the run of the quarter, what a run it has been. On track to performances since the First Quarter since 1998 on track to cap its gain since 1991 dont leave out the small caps the russell 2000 since paula abduls rush rush was on top of the charts. In the quarter, oil is up 21 . This morning, shell saying it will writedown more than 22 billion in assets. Finally, dont forget about gold you love gold. Back at its h
Welcome to todays hearing on support for healthy air travel. Air travel plays a Critical Role in business, commerce, education, travel, and tourism. We take for granted that we can travel great distances by air. That weredestinations once reserved for imagination. Air travel moved from our imagination to a real audi reality that has changed the way we with each other. Our dependence will only continue to grow. Global air travel will nearly double. As with many other industries, the pandemic has dramatically impacted commercial air travel. In the u. S. Alone, Passenger Air travel was down 96 . Worldwide, the air travel industry is projected to use more than lose more than three hunter billion dollars in operating revenues this year. Shiftpple effect of this goes well beyond the airline. Full recovery requires ensuring safety and reestablishing the confidence as we continue to face the risk of covid19. These are positive steps, but are they enough to ensure safety and reestablish trust .
A town in britain where work speak im increasingly scarce as Boris Johnson lays out his plan to rescue the economy is not to say its not safe to go home we need some of tens of thousands of of people who fled killings and kidnappings by an armed group in northern mozambique. And a call for a 1000000 mark man march in sudan as protesters rally against the Transitional Government. Thank you for joining us china is about to impose a new security law on hong kong 23 years after a Tobacco Control and promise a one country 2 systems policy the controversial law was passed unanimously in beijing just 40 days after it was proposed anything it defines as acts of secession subversion terrorism a conclusion with Foreign Forces could lead to life in. Prison critics say the law will be used to stamp whole forms of dissent and theyve already been spontaneous protests in hong kong and some opposition parties have announced theyre disbanding the u. K. The e. U. Japan and taiwan have criticised the law
Mainland so officially its all said its signed and sealed but when it will exactly be delivered in Hong Kong Well we expect that will happen july the 1st tomorrow on wednesday which is the anniversary of the handover of hong kong from britain back to Mainland China 23 years ago now we know or this afternoon all hong kong delegates to Chinas National Peoples Congress that is chinas palm and took part in meetings that were held forth in hong kong and in beijing and they were given a summary of the law nor details but they were basically told that this law will act as a deterrent for anybody trying to destabilize hong kong and earlier today at 9 am local time on tuesday chinas Standing Committee has voted to pass this law unanimously and we know so far that this is a hefty law it has 6 chapters and 6 articles in it and really this was tremendously fast tracked by beijing only about 40 days after it was 1st announced during Chinas National Peoples Congress which really does demonstrate bei
Im told me a lot of welcome to the Program Thousands of people are in quarantine in the district of goods a slow in northern North Western germany with schools and Daycare Centers closed because of a new corona Virus Outbreak this latest hot spot centers on a Meat Processing plant run by the German Company tiniest more than 1500 workers have tested positive for the virus a local Officials Say they called a wide a lockdown. Activity has ceased at the term use meat packing plant in low. Road in town a frantic effort is underway mobile teams are testing factory workers 19 over 1500. 00 have tested positive so far. 6500 workers and family members have been sent into corinth teen fenced in their reliant on food deliveries to their living quarters many are eastern europeans who work long shifts and live in cramped conditions the turn his factory has turned the city of snow into a coronavirus hotspot. Local officials are ruling out a much wider lockdown. Coming. For i could see this happening