Thats what we talk about today hello welcome to eco india im song coming to you from mumbai commercial agriculture it is one of the biggest reasons for before the station accounting for 14 percent of all the tropical trees fell between the u. S. To positive and 2010 according to u. N. Figures in regions like the west on cots in india local farmers are having to cut down trees to make ends meet to support their agricultural practices but a Community Project is turning pings are bound for the reach of. The forests around the bridge none bludgeon the western india to its people especially because of his baby doc agrees. They dont only go where they are also the home of the great horn with that the red fruits from the crease. Dug 2 and 69 year old. Romani are the heads of 32. 00 well it is around the area they know of the importance of the crees we are tired of this trio hornbill is here from ages and is being respected by our forefathers from generations the age of this tree is not less t
Bloomberg surveillance. Im Francine Lacqua in london. A lot a focus is on the bank results yesterday. Many more banks reporting today with Technology Stocks and apple news. We expect a lot of earnings, and pound weakening, something to keep an eye on. Stocks,ook at european travel shares declining on concern of more lockdowns, but financial shares are climbing. Theyd are today, our active etf, new surveys say active equity funds underperformed in the first half of the year. Lets get straight to the bloomberg first word news. Good morning. Here in the u. K. , Prime Minister Boris Johnson is facing growing pressure to order a National Circuit breaker lockdown. The Opposition Labour Party is calling for increased nationwide restrictions for up to three weeks, after documents revealed the scientific advisors called for that action three weeks ago. The sprint to find a medical breakthrough to contain coronavirus stumbled this week. Eli lilly is the latest company to pause a trial as a safet
Other question is where what has apple become . Tom instead of the markets and the nasdaq war that we have seen , ties into apple, this was actually, francine, a huge deal yesterday. Arguably the biggest meeting they have had in three years. We are not going to go apple fan boy on it and explain all the stupid is that and the other thing. But i also want to go in with alex webb, sort of the racket that theyve got where everybody has to upgrade because this is old technology. This phone is a failure. I have to get rid of it. Francine the question i have been asked the most is, do we have 5g here, and people just dont know yet. Lets get to the bloomberg first word news with leighann gerrans. Leighann prospect of another stim list package before election day look bleak. President donald trump and Senate Republicans are at odds. The president is urging them to go big or go home. Senate majority leader mitch admitting to aly vote on small businesses. Nancy pelosi says the latest offer is no
Reportedly uncovering Quality Control concerns at eli lilly plant set to manufacture its covid antibody treatment and apple debuts the new 5g phone line speedier devices, also coming with an even heftier price tag carl, back over to you. All right jim, on the banks this morning, conversation once again about loss provisions. Also about bond trading at goldman. I dont think it is just bond trading. I think goldman did a remarkable job taking some share, which i say remarkable because imagine youre at home, zooming and taking sharefrom others. I do believe that goldmans back to its old ways which is that it is a dry cleaner it doesnt have any risk remember, dry cleaner, what do we do with the dry cleaner give them our clothes and pick them up and they make money. That has been the goldman way until a couple of years where i think it got wayward where it became much more about, hey, lets invest in this, invest in that, no, to me, what theyre investing in, that i really like, theyre invest
0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety