A lot of the countrys fortunes we bring you the stories and developments that are rapidly changing the world we live in get a break sit down that was a slogan that whatever the problem is the Boris Johnson counting the cost on aljazeera. Winning from the pandemic big tech firms are making gains as the coronavirus is taking its toll worldwide many are hiring while millions of people are being laid off so whats driving this boom in this time of crisis this is inside story. Hello and welcome to the program today with me Peter Doherty we are no longer physically shopping or eating in restaurants and a flight to one of the worlds favorite destinations is now just a dream the measures were taking to save our lives during the coronavirus pandemic disrupting businesses around the world but staying at home with their only windows to the outside world being a wife i connection and a device is changing our Consumption Habits and benefiting the big Major Tech Companies we are buying groceries medi
Winning from the pandemic big tech firms are making gains is the coronavirus is taking its toll worldwide many are hiring while millions of people are being laid off so whats driving this boom in this time of crisis this is inside story. Hello and welcome to the program today with me peter we are no longer physically shopping or eating in restaurants and a flight to one of the worlds favorite destinations is now just a dream the measures were taking to save our lives during the coronavirus pandemic disrupting businesses around the world but staying at home with our only windows to the outside world being a wife i connection and a device is changing our Consumption Habits and benefiting the big Major Tech Companies we are buying groceries medicines and pet food online were working and learning online were replacing traveling by surfing online you get where were going with this Tech Companies are thriving amazon alone hiring 100000 new staff zune video web site youve heard of is now beli
States, and even some states already taking measures, minnesota and texas, to ease restrictions. What thisget a lay of meanings for the tech economy. Joining us now, our own tom giles, our editor in san francisco. The president is planning a phasing reopening of the economy but this depends on what governors want to do. For states like california and washington, what does that mean . The thing that you have to remember about the Big Tech Companies in those two states is that in terms of keeping operations going, in terms of employees showing up to work, getting, working on their projects, delivering software weve seen companies in these states have been performing fairly well. Engineer working at google, if you are in the main office at amazon, those people are able to do their jobs by and large from home. There hasnt been the same kind of disruption. As you get into the physical space with the people who are in amazon warehouses, doing the deliveries, the people who are working apple
The pound is trading up i about 0. 2 . Ultimately what the extra supply is going to do to the shape of the curve, but certainly, this is what many people have been anticipating would be delivered. Italy also announcing it is going to increase its fiscal stimulus to help the economy out , an economy that continues to remain largely in lockdown, along with the population. Lets get more on how Insurance Companies are dealing with what we are seeing at the moment. The u. K. s prudential is a Health Insurer and asset manager as well. Joining us now is mike wells, ceo of prudential plc. Good afternoon. How is the company being affected by what is happening . Todaywe Just Announced 2019 results, were you had a number of convergences occur. Earnings were up 20 . The majority of our markets in x hong kong come very strong and resilient. It is an indication of what youre seeing now, which is market by market, we still see doubledigit growth in Southeast Asian markets, and as we are sitting here
From beijing to new york, jersey and south carolina. We have the top stories. We begin in asia, where the spread of the coronavirus is feeling concerns it is widening the pandemic. The cdc issuing a stark warning for the u. S. It is not so much a question of if this will happen anymore, but rather a russian of exactly when this will happen but rather a question of exactly when this will happen . Me is selena. Walk me through the latest. In china, the rate of infections continue to stabilize. Fewer cases than the day before. The rest of china reported five new cases, and all of the additional fatalities were in smaller areas as well. City is not requiring people arriving from japan or south korea to go through a 14 day quarantine. The momentum is shifting outside of china. You have seen south korea becoming a new hotspot with infections raging up. Testinginitially positive for coronavirus, which would be the first infection in latin america. Italy has had more than 300 cases and 11 deat