The cash trade here in europe is less than an hour away. Lets get your top headlines. Softbank plummets on reports it made big bets on derivatives linked to u. S. Tech. A selloff looks set to continue, although u. S. Stocks are shut today for the labor day holiday. Johnson plays hardball. U. K. Officials say britain is not scared of walking away from brexit negotiations emptyhanded. Talks restart on that note in london this week. And cracks in the pipeline. Germanys board member former minister links nord stream 2 to the poisoning of alexey navalny. We are less than an hour away from the start of european trading. There will be no u. S. Equities trade today. You can see european futures are gaining. We are getting more german data out now, economic data. Up 1. 2 . Strial output the estimate was for a gain of 4. 5 percent, so a mess in terms of Industrial Production so a miss in terms of Industrial Production. Yearoveryear, there was a drop. The actual drop was 10 . The estimate had bee
U. S. Stocks are closed today. On whene things going it comes to european stocks and when we look at the u. K. Assets on the back of what we heard about brexit. European stocks are climbing. Analysts are speculating the market could be rosie and resilient. On concernsakened the u. K. Is inching closer to a no deal brexit. We are looking at dollareuro 1. 1837. Lets get to the first word news. Indias overtaken brazil as the country with the second most cases of coronavirus. Confirmed more than four point 2 million infections. It is also the third worst country in terms of deaths. More than 71,000 have died in india. Protests have flared up on the streets of hong kong, leading to hundreds of arrests. Thevists marched through area and blocked the streets with barricades. The aim was to protest hong kongs delayed election, which was scheduled to take place on sunday but has been pushed back a year due to the coronavirus pandemic. A periodstrations and of relative calm since the implementati
Poisoning. Lets get to the first word news with leighann gerrans. Shows joe a new poll biden has a doubledigit lead over President Trump. Ae democratic nominee has 5242 advantage. Meanwhile, the survey also says in theden has a 6 lead battleground state wisconsin. In germany, chancellor Angela Merkel is now ready to link the nord stream 2 gas pipeline the poisoning of a russian dissident. Merkel, whoift for said that the russian backed pipeline should be completed and remains a separate issue. The kremlin has said it sees no issue that germany will block nordstrom. Moscow has denied any involvement in the poisoning. Now in hong kong, protests have resumed after weeks of calm. Police arrested hundreds of people. Among other things, demonstrators were protesting the decision to delay Legislative Council relaxants for a year Council Elections for a year because of coronavirus. India has surpassed brazil as the second worst hit country. India reported more than 19,000 cases more than 90,00
The world in president cheese image is the middle kingdom looking inwards as the chill of a new cold war threatens the factory of the world. Global debt source as government spend spend spend on the world cope with even more debt. Well no nation has been spared from the coronavirus pandemic with 22000000 cases and almost 800000 deaths the Health Crisis is far from over secondary spikes flare up we may have seen some of the worst economic costs but most pain could be lurking as we head into the final few months of the year well most of the industrialized world has delivered on its 2nd quarter g. D. P. Numbers and the worst performer was Boris Johnsons britain its economy contracted more than a 5th after failing to lock down early enough the country also has the most deaths in europe. While the Unemployment Rate has yet to reflect the severity of the economic crisis its only a matter of time when furlough schemes across europe come to an end in the United States more than 20000000. 00 pe
This is counting the cost on aljazeera you look at the world of business and economics this week in the Global Economy stocks so whats a record highs despite the coronavirus pandemic billionaires become richer but the poor get poorer is it time to finally confront capitalism. Remaking china and the world in president cheese image is the middle kingdom looking inwards as the chill of a new cold war threatens the factory of the world. Global debt source as government spend spend spend on the world cope with even more debt. Well no nation has been spared from the coronavirus pandemic with 22000000 cases and almost 800000 deaths the Health Crisis is far from over a secondary spikes flare up we may have seen some of the worst economic costs but most pain could be lurking as we head into the final few months of the year well most of the industrialized world has delivered on its 2nd quarter g. D. P. Numbers and the worst performer was Boris Johnsons britain its economy contracted more than a