A warning about the spread from children. Safety fears over the worlds top selling passenger plane theres concern about engine failure on boeing 737 to grounded by the coronavirus fallout. And score Major League Baseball is back in north america after a 4 month delay caused by coronavirus the leak has started with no fans in attendance. Welcome to the news our good t. V. Company time is nearly up for china to shut its Consular Office in the u. S. City of houston over spying claims but the crisis between the 2 countries is only intensifying a Chinese Research or taken refuge in the San Francisco Consular Office is expected in court soon accused of hiding her military connection when she applied for her. U. S. Visa in houston chinese consular staff have been busy clearing out less than 3 hours now remain to the closure deadline the u. S. Ordered the move to protect American Intellectual property well Chinas Foreign Ministry call vatanen justifiable act and then retaliate has ordered the
Chairman resigned cnbc sources say an internal replacement has been considered. Warren buffets Berkshire Hathaway makes a 10 billion bet on dominion in the first major deal since the on set of the outbreak markets in europe have been open for one hour. Now markets friday here in europe are a little bit soggy. Without the u. S. Direction but futures state side this morning marching higher. You can see the groan een on the board here todayment thats just over 1. 5 . We saw about 1. 75 on the overall bempnchmark but very sml gains for some of the markets. Look at that in the stock market and then geography and this morning the ftse is one of the better performers. Just over 2. 1 and so this has been real versus gains a lot for the French Market and german stocks in particular so its slightly outpacing the other markets. Youre saying almost 1. 9 on the French Market. Sprain has been strong from the outset 2. 6 higher. This has been one market that gained a lot of attention since the start
Getting some headlines for the International Energy agency. The focus on what they see oil demand like in the coming years. Oil demand will not fully recover until at least 2022. That may have an impact on the price of oil. New york crude wti pretty much flat. Markets focused on this extra stimulus. We are also expecting to have more data points with damage the economy. Plans with sentiment in the wave of it would also be great to look at treasuries and things like that. Lets get a Bloomberg News here in london. President trump is weighing an infrastructure proposal worth nearly 1 trillion to spur the u. S. Economy according to bloomberg sources. The plan would reserve most of the cash for traditional work such as roads and bridges but they would also go to wireless and broadband pretty broadband. Ae eu and u. K. Seem closer to brexit deal. Russells is confident Boris Johnson is willing to compromise and the Prime Minister said chances of agreement are very good. Injected new momentum
Potential. Using channels available to us from people to take action and more determined to get something here for the next generation gloomily as the environment series of global 3000 on d w and online. Cuts. Pay off or get out thats the message for stranded thomas cook travelers around the world well have the latest on the travel giants demise and its ripple effects. And well look at how the u. S. Shale oil boom has changed Energy Policy in the u. S. This is a Business Report from steven beers and lead thanks for joining us one day after the thomas cook bankruptcy the outlook of one of the travel Operators Airlines contador as improved the governments of germany as well as the. Of heza provide a bridge loan of 380000000 euros to keep the carrier flying injecting desperately needed liquidity to the otherwise Profitable Company car door was founded in 1955 and has been a full of affiliate of thomas cook for a decade. Meanwhile things remain difficult for thomas travelers they just want
Nearing show you how e. U. Border agents are getting ready. This is your Business Report im Stephen Beard simply lent thanks for joining us u. S. President donald trump has delivered a stinging rebuke to chinas trade practices speaking at the u. N. General Assembly Trump accused beijing of breaking promises made since joining the World Trade Organization as of the ongoing trade war trump said he would not accept a quote unquote bad deal suggesting a prolonged impasse between the worlds 2 largest economies china. And lets bring in youngs quote our market correspondent in new york yes im guessing that investors may have reacted to this speech. And there clearly has been a reaction and the u. S. President actually had a long list with him there was the talk of a mess of trade barriers there was the accusation of currency menu predation of force transfer the Technology Transfer and then also the theft of intellectual property in a heavy scale so on top of it he also criticized some of the