Yearoveryear, and that is demonstrating that both on the revenue side and on the expense side, the impact of the restructuring is making itself felt. Iose would be the things would focus on. The overall performance, obviously, is weighed on by the cru and the losses in the cru, but even there, we are progressing basically in line with our plans both for deleveraging and cost reduction. We also had earnings news out from daimler as well as volkswagen, and youve got some earnings lines coming in from barclays. Anna absolutely. We continue with the banking theme. We have Net Operating Income coming in at 4. 70 one billion pounds, a touch below the 4. 60 one billion that had been penciled in by analysts. Theres been a lot changing, of course, since the month of march, especially the volatility, as we know. Interesting to look at what has happened in the Investment Banking part of the business as well. 3. 62 billion dollars, well ahead of the estimates for that particular part of the busine
World Health Organization warns the worst of the krona virus pandemic is still ahead will global infections down at more than 2500000. 00 with the death toll more than 175000. 00 w h o spokeswoman for delicate said all of a little evidence suggests the virus has an animal origin and is not a manipulated or constructed virus in the lab or somewhere else this comes after President Trumps recent comments on determining whether the virus originated from a lab in one china well meanwhile singapore announced its plan to extend the walk down by another 4 weeks the move comes after a sharp surge in coronavirus cases in just the latest days. We will implement these type of measures until the force of me. But we will not be able to completely lift the restrictions off of that and go back to business as usual. We will therefore extend this. For 4 more weeks beyond that for me in other words until the 1st of june. Then provided we have brought the community numbers down we can make further just an
A walk around the globe plus as the Companies Remain under lockdown around the world what constitutes Central Business and where does crypto currency fall in that designation we bring in a boom bust handle for insight into the packed show today so lets dive right in. And u. S. President donald trump on thursday escalated tensions with china over the handling of the coronavirus pandemic saying the trade war between the worlds 2 largest economy is now of secondary importance and then we signed a trade deal with is supposed to buy and theyve been buying a lot actually but that now becomes secondary to what took place with the virus the virus situation is just not acceptable you know the situation stems from the u. S. President s assertion that china could have done more at the onset of the pandemic. This is something could have been contained at the original location and i think he could have been. Taint relatively easily china is a very sophisticated country and they could have contained
This is boom bust the one business show you cant afford to miss in washington coming up. You can do the same thing but even for more money just by putting on tariffs its a profit its approximately a trillion dollars a little bit more as i understand it and u. S. President donald trump is contemplating new tariffs on china in the wake of the corona Virus Outbreak well go over the new threats and how the virus may throw a wrench in the trade talks plus following renewed optimism on the easing of coronavirus lockdowns International Markets had one of the best months in history we take a walk around the globe plus as the Companies Remain under lockdown around the world what constitutes. Where does cryptocurrency fall in that designation we bring in a boom bust for insight into the packed show today so lets dive right in. And u. S. President donald trump on thursday escalated tensions with china over the handling of the coronavirus pandemic saying the trade war between the worlds 2 largest
Within the dow. Take them out of the picture, things wouldnt be as bad as they are now. Were well off the earlier lows, down 400 points, down about 165 points but also fueling this, offsetting this if you will is talk of progress on that stimulus front. You remember where they were looking for republicans, another 250 billion for the Paycheck Protection Program . Well they ran into a buzzsaw of criticism from democrats that argued it was too tilted to business so they wanted to make assurances for health care workers, hospitals, that sort of thing. I stress that they have reached a broad parameters of a deal. It is not a deal until they both mutually agree. Were seeing progress on the front. That mitigated losses in the dow and offset the oil impact. Edward lawrence joins us now from washington with how this is all progressing. Hey, edward. Reporter neil, close, very close. That is how it is being described. As you said no deal, no ink to paper as it were for this deal. Republicans ini