Encompasses more than 2 billion people and has been more than 10 years in the making. Afterent trump backtracks appearing to admit defeat in the election come he still insists the election was rigged. Lets take a quick look at the record move in u. S. Markets. Economically Sensitive Industries gained momentum even as coronavirus surges across the nation that could lead to more restrictions. The s p 500 rallied to an alltime high. The Dow Jones Industrial rise rose to close at prepandemic level. Home winner, zoom Video Communications tumbled. We will speak to a bullish investor on stocks coming up and he thinks we are going to find out in the third order the u. S. Pandemic caused recession is ending and we are setting the stage for a market. The record close on wall giving some we are seeingthat coronavirus surging. Higher trading when it comes to kiwi stocks. In sydney, rebounding from friday. We are also looking ahead to thirdquarter gdp numbers out of number ofell as a japanese numbe
Questions were raised over astrazeneca trial results. The ceo telling bloomberg within the last few minutes that it will now likely as a result run a new global trial, saying, now that we have found what looks like a better efficacy, we are going to have to validate this, and we need to do an additional study. It looks like it is going to be half of those full dose that could produce a higher efficacy then maybe a full dose. Europe and the United States continued to struggle with containing the virus resurgence. Germany is seeing a record increase in new cases, while new york cases are approaching 7000, hospitalizations hit their highest since june. Here was more is bloombergs, china here with more is bluebirds emma chandra here with more is bloombergs emma chandra. Emma astrazeneca are going to look to have a no other global trial to test the efficacy of the half dose, which they think will be better, and getting some more troubling figures out of large economies. The likes of new yor
Future signals against are set to continue. Commerce bank swings to a loss in the Third Quarter as the pandemic and restructuring charge hits revenues. We speak with the cfo shortly. Good morning. Plenty to talk about on the u. S. Election front. Breaking news on the bank of england. Maintaining its benchmark Interest Rate at 0. 1 , entirely expected. The bank of england saying that was the news amount around maintaining its Interest Rate. They are raising the total bond target. Unanimousf englands on this Interest Rate and bond purchasing story. We will speak to the governor of the bank of england at 11 00 this morning london time. Stay tuned for that interview. Pound toor a in the this announcement. A pairing of losses coming through. Get some analysis. Dani burger is outside the bank of them went for us. There had been an expectation that as lockdown measures are extended, implemented in england, even if it is less strict than march, we would see more coming through from the bank of
Gears today the future. Dot com. Click turn. Theyre still counting all the election votes in the United States markets from wall street to hong kong seem able to smell of victory they like. Also coming up the Worlds Largest i. P. O. Was a jew today but beijing brought it to a grinding halt at very short notice we take a look at what happened to the 37000000000. 00 and group listing. And kenya seeks a friendlier repayment terms for a. Annis loan used to finance a Railway Construction project. Welcome to d. W. Business im joined on in berlin thanks for joining us now markets may despise uncertainty but theyve been taking election variability on the chin quite well even the Dow Jones Industrial average climbed 1. 27 percent right at the opening on thursday asian shares a scaled near 3 year peak after a Democrat Joe Biden picked up wins in some closely fought states and great publicans looks set to hold on to their majority in the Senate Analysts are calling it the goldilocks gridlock or t
Declared a state of emergency for 6 months well that has led to outrage in some places like madrid where people rioted against the measures these include a nighttime curfew and in some areas the closure of restaurants bars and shopping malls well their anger is mixed with fear for those struggling to get by the future looks bleak residents in cities like barcelona were already struggling with unemployment and high rents since the economic crisis a decade ago and the pandemic has only exacerbated their worries grasso martinez is a bailiff who carries out evictions its a job that can be both emotionally taxing and dangerous. Really hes a bearer of bad news. We have a Court Warrant that will you open up. Some martinez works in barcelonas last detail at area his job is to people the coronavirus pandemic is a busy time for him more and more people slip into poverty and can no longer pay their rent we have a court ruling you have to leave today. Why were we told. Leaf im here now you must ha