Curbs. The amount of storage is 300 higher than a year ago. And global virus cases top 7 million in less than a week after topping 6 million. The u. S. And u. K. Show signs of a slowdown. India and brazil are the new hotspots. Taylor lets get a quick check of those u. S. Markets and a reminder of how they ended. Erased all the losses that we have for 2020. The nasdaq 100 continues to post more record highs. You see futures taking that in stride, mostly unchanged after what has been an astounding past few days coming up the big fridays jobs report. The optimism continues here in the monday trading. I do want to see how things are shaping up for some of the asian markets. For that, we have Sophie Kamaruddin here. Are asian markets extending some of the optimism we got in the u. S. . So, even afterestly we got warnings from slowing growth from the world bank. Kiwi stocks adding about one third of 1 at the start. Clawing back year losses as the country with social distancing rules. Austral
The stories on our website. Or download the bbc news app. Now on bbc news live to singapore for Asia Business report. Euus eu us trade dispute. Washington slaps tariffs on european goods. Shares in oil slides as well trade tensions fuel fears of a global recession. Good morning, asia, hello, world. The trade dispute is not all about the us and china but between america and the European Union is washington says it will impose tariffs on the eu from october 18. 25 levies will be put on french wives, single malt scotch whiskey, italian wine, olive oil and pastor have been spared. The could be retaliation on 7. 5 million with a bus. After 15 years of wrangling, the largest arbitration award was handed down allowing the us to apply terrorists 7. 5 billion of european experts in retaliation for illegal eu subsidies paid to abbas. President trump landed as a big win. Airbus. 25 tariffs on goods ranging from wine, olives and cheese to whiskey and knitted sweaters. Also tariffs on european airc
And coming up on bbc news, liverpool Managerjuergen Klopp says he will not forget a day as he prepares for his final match after nine years in charge. Hello. The boss of South West Water says shes truly sorry for the outbreak of a Diarrhoea Type Illness in south devon. 22 cases of cryptosporidiosis have been confirmed in the brixham area, with more than 100 others reporting symptoms to their gp. The Water Company says its found the source where the parasite could have made its way into the network, but 16,000 homes and businesses have been told to boil all tap water. Esme stallard is in paignton in south devon for us. Lam here i am here in the beautiful seaside town in devon right near to one of the three Water Distribution Points South West Water has set up. All morning residents, businesses and Holiday Makers have been collecting water here, but now hearing they could face another week of the situation as South West Water tries to clean up up the Contamination. Another day, another B
Baseball caps tdow passed the threshold riding high from encouraging inflation reports that sent indexes to record closes. Are the good vibes making their way to main street . In a way, yes. Many people are exposed to the stock market through their retirement funds. Stock market gains like the ones we have seen this week, get real money for real people. Consumers are not feeling row a survey out showed that they are forried about the Economic Outlook than last month. Those feels are a boon for retailers like walmart that Beat Estimates in quarterly revenue. Shoppers are flocking as inflation takes a bite out of budgets. Shares hit a record close thursday. Now much of their gains are coming from high income shoppers, making up a greater portion of the companys business. Theyre still spending on big tickets like electronics, but low income shoppers are feeling more of the strain. Thats especially amid elevated housing and gas costs. How they feel about the economy is sure to be a central