Hello, this is todays worldwide exchange. Alcoa kicks off the earnings season with better than expected numbers. The aluminum giant says it sees brighter days ahead. European stocks are boosted on the news, and banks and Telecom Stocks lead the way higher as report suggest europes biggest teleco groups are in talks to create a pan regional network. Analysting warn about slowing growth. The cfo told cnbc hes confident. Weve got a great track record, frankly, over the last five years of delivering, you know, over 100 Million Pounds cost savings year on year. We intend to do that going forward. And a report says the bank of japan will likely cave to heavy pressure and double its inflation target to 2 . All right. Youve got to make the most of us today. Last day today. Only two days until next week . Until next week. A lot of good things coming up. Particularly, we talked about the dollar, when it comes into play. Theres a tweet conversation going yesterday, they are coming on air. I like
Against the coronavirus, and has introduced further restrictions to try to curb its spread. Hes forbidden people from leaving home, except for essential reasons, from midday on tuesday, orface punishment. The us treasury secretary, steve mnuchin, is seeking a large stimulus package to prop up the American Economy after the dowjones suffered its biggest ever one day points drop. Economists now no longer doubt that the Global Economy is heading into recession. In britain, Prime Minister Boris Johnson called on people to stop travel and avoid what he called unnecessary social contact. He said if drastic action was not taken now, cases could double every five or six days. He said people showing any symptoms should self isolate for fourteen days. More on our web site bbc. Co. Uk news and the news app. Now on bbc news live to singapore for Asia Business report. Asian markets are mixed after wall street had its worst day in over three decades. All the major indices there dropped more than 12
Cobra Emergency Committee on the coronavirus outbreak. In the last few minutes, the government has said that britain will not yet move into the second phase and will try to contain the disease. But the government says theres no need to panic buy. There is absolutely no need for anybody to stockpile or anything like that. We are in Constant Contact with the major retailers. Italys Prime Minister says his country is facing its darkest hour with 16 Million People in quarantine as the death toll rises. The virus contributes to plunging global stock markets, with a fall in Oil Prices Also to blame. Well have the latest from that cobra meeting. The other headlines this lunchtime. The trial begins of alex salmond former first minister of scotland on charges of Sexual Assault and attempted rape. And bowing out the duke and duchess of sussex make their final public appearance as working members of the royal family. And coming up on bbc news as governing bodies and broadcasters meet with the gov
Despite the headwinds surrounding the Zacks Transportation - Airline industry, Latin American stocks like Azul (AZUL), Copa Holdings (CPA) and Gol Linhas (GOL) are poised to gain from the improvement.
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