You. Protest as a defying around the clock curfew in Lagos Nigeria after reports demonstrators were shot on tuesday. Protestors out wherever sudans struggling economy hit with tear gas by police. Coronavirus cutbacks at Cathay Pacific hong kongs flag carrier announced a 6000. 00 redundancies and the end of its regional subsidiary. Will start this hour with a crisis thats overcome many communities in the United States not coronavirus this is in fact the fight against opioid addiction in the past hour the u. S. Justice Department Says the drug manufacturer pharma has pleaded guilty over its role in the countrys Opioid Epidemic in a deal with the u. S. Governments the company pled guilty to 3 federal criminal charges and will pay a fine of 8300000000. 00 more details now with she had britannicas following the story in washington she had. Were just taking you know all of the details but as you say pleading guilty to 3 charges effectively that they the father misled the Drug Enforcement adm
Victim of the Global Pandemic. And no red carpet but we will tell you how the largest Film Festival in asia is getting around the coronavirus. Family how much now have all the fault. Is the defense with. The German International has tested positive for coronavirus. We are starting in nigeria where protesters against Police Brutality are defying a 24 hour curfew and a call for calm from president mohamed to behati. Security forces in lagos the commercial capital of the country opened fire on wednesday morning after several demonstrators were reportedly shot dead on tuesday in another part of lagos a large fire burned at a bus station as well. Videos are also emerging of men in uniform opening fire killing people in lagos on tuesday Security Forces though deny any involvement so were starting with a correspondent in the capital of buju what more you hearing 1st of all ahmed about continuing violence. Well its been its been very very bad in the morning that things may have stabilized in s
Unions saying they too have a right to a family. And drumming home an Anti Government message Indigenous People join the thousands of protesters in the colombian capitol. Nigerian protesters have defined a curfew and faced off against Security Forces in the countrys biggest city as demonstrations against Police Brutality threaten to paralyze the nation a 24 hour curfew has been imposed in lagos the financial heart of africas largest economy thats where Security Forces fired at protests as late on tuesday drawing International Condemnation the Rights Group Amnesty International says at least 12 people were killed that night but i mean the violence on the military the government has not confirmed that but the Nigerian Parliament speaker says its clear that there were casualties its been more than 2 weeks since young people began demonstrating against Police Brutality after a video of a man being beaten by offices allegedly from the special anti robbery squad known as saws went viral repo
U. S. One report says the case has already been pulled. Jack ma seeking more than 17 billion in hong kong as a dual listing. It says it does not need cornerstone investors. We have the latest on this blockbuster sale. Shery he was futures coming online flat after u. S. Stocks fell to an eight week low in the regular session. Warnings from various fed officials of the need for more fiscal stimulus. We saw the selloff continuing. Volume below the average over the past 30 days. 11 sectors on the s p 500, all of them lower by more than 1 . Energy the worst performer as we continue to see Dollar Strength rising against every g10 peer to a seven week high. Oil is extending its losses. We saw some gains earlier in the new york session stop bullish york session. Gains limited by fed speak over the economic recovery. Haidi lets look at how the Asian Session is shaping up. Taking a look at new zealand stocks, we continue to process the rbnz rate decision. A steady beat of the drum roll toward po
That is a quarter of global infections with california seeing its biggest daily jump yet. When we look at chinas new security law for hong kong and protesters are already changing strategies to steer clear of arrest. First, lets get you a quick check up on how markets are starting this morning. Here is Sophie Kamaruddin in hong kong. Sophie asian stocks are gearing up for modest gains. We are seeing s p eminis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another Energy Company leading the climbs on rio tinto deciding to Halt Operations in new zealand. The hong kong dollar staying resilient within one standard deviation as they continue to defend the currency and markets shrug off a threat to the peg. Switching off the board to the terminal chart. We are watching to see if the the best sinceng september 2019. We are keeping an eye to see of chinas market value can top 10 million after pushing beyond nine for the First Time