Now, is that right . David over the past 15 years, one of the most successful ceos in the world has been bob iger. He led disney to its greatest heights, increasing the market value by 400 . He did that through acquisitions of 21st century fox, lucasfilm, pixar, and Marvel Entertainment. What is he going to do next . During the time that you were the ceo, the stock market value of the company went up about 450 and the market my big regret is that i didnt back you and buy stock, but you must be very pleased with what you accomplished. Proud would probably be the right word to use. I inherited a company that was renowned and had been quite successful, but had also gone through a period of difficulty. There was a lot of work to do. To not only improve the company, but to ultimately leave the company in great hands for my successor. David you werent as successful in leaving the company. You wanted to leave a few years earlier and the board said you had to stay longer. Why were you so good
Worn surging numbers may undermine a Global Recovery. Plus, we discussed prospects for the u. S. And the wider picture with the atlanta fed president , who joins us this hour. Haidi lets look at the sydney staggered open, the friday session muted compared to the street we have had in asian stocks, asiapacific stocks seeing 13 consecutive days of gains broken by the thursday session, the longest winning streak since 1988 coming to an end. A flat stock a flat start in sydney, kiwi stocks up, muted start in japan spite heavy inflows of foreign buying. We are seeing a further downside when it comes to trading in the futures session. Getting secretary mnuchin speaking at the moment. He is speaking in an interview with Bloomberg News, saying financial conditions are quite strong, that companies that are need grants,covid not that. We heard secretary mnuchin earlier asking the fed to return unused coronavirus money. We will get you more as we get those comments. This is coming at a time when
Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
By middecember. G20 discusses the virus and remedies. President trump. The worlds first travel bubble burst. Kongsingapore ehrlich is being postponed by at least two weeks. Host calling and a question the fragility of the travel bubbles. And how fragile this travel revival could be. Stocks extending the weekly decline towards the end of the week. We are looking at more optimism going into the start of trading in asia. Kiwi stocks up by 0. 4 . Goingle bit of advance into the start of trading. And we are seeing dollaryet continue to decline. Dollar weakness continues to play out. Vaccinations when it comes to the vaccine progress we have seen against covid19 could be administered in three weeks if they are given the green light from the fda. There are still questions about how poor countries will be given access. We are in washington. How close are we to get some rgency off to raise the emergency authorization in the next few weeks . Duringeems a could calm an emergency meeting. When you
Says the first rollout could happen by mid december. The g20 discusses the virus and the potential remedies. Shotspledges to make available to all and President Trump wont say if the u. S. Will join a global effort. Haidi we are setting up for a cautious start to trading. The aussie dollar holding pretty steady. Kiwi stocks are up by half a percent. We are seeing the kiwi dollar trading just flat. U. S. Officials say the first vaccinations could be administered in just three weeks if given the green light for emergency use by the fda. Aboutare still concerns how poorer countries will be given access to any vaccine. The vaccineke Development Team has an aggressive timeline. Be do we expected to achieved and a lot of people are concerned about equitable access. Of movingre a lot parts here. A lot of movement around the world. Drug administration has an advisory meeting that day about the vaccine. Health officials really seem to think that approval could be forthcoming at that meeting or