A lot of people very angry. Top u. K. Government adviser Dominic Cummings denies breaking lockdown rules and the curious is the media of whipping up the political storm around him. Indias domestic flights take off again but infections are still on the rise with the biggest day be increase yes. And israels Prime Minister says he wont miss an opportunity to annex more of the occupied west bank calling it one of his governments top tasks. We are going straight now to a press conference which is being held in London Boris Johnson there the british Prime Minister about to speak its the daily Coronavirus Briefing we also expect now to talk about Dominic Cummings lets listen in 2634 tests for Creative Arts have not been carried out in the u. K. Including simply 3726 tests carried out yesterday. 261184 people have tested positive and thats an increase of 1625 cases since yesterday 8834 people are in hospital with coded 19 in the u. K. Thats down to 0 percent from 10092 this time last week and
Day of november on the backs of home depot and kohls, both tumbling after cutting outlooks and comps forecast. The record rally for stocks, it rolls on. Futures as you saw pointing to renewed all time highs at the open and vaping crackdown. California suing juul for marketing to teens new york set to make a socalled major announcement of their own later today. Well start with retail, though, home depot shares down on the premarket, earnings did beat but sales missed and company cuts the full year outlook saying integration is not delivering as quickly as they thought. Kohls tumbling on weaker guidance i was curious to hear you say a moment ago that lowes is getting to be the better buy because well see that print tomorrow. Yes i have to tell you, i think Marvin Ellison energized the place. One thing that happened was that lowes fell behind home depot technologically. They didnt have the systems that is no longer the case as Marvin Ellison rolls out technology at every single lowes, and
Lets take a look at what is happening in asia too. Those markets were closed. Hang seng off by. 1 and the shanghai up about a quarter percent. Youll see at this hour, slight gains across the board italy up three major averages up. 1 to. 2 . The tenyear is yielding 1. 772 . The 30year at 1. 28. We were just talking about all of this. All of those moves made. Pretty confusing to figure out what was happening and why i think there are a lot of people looking at a lot of these small events and does it have bigger implications. In this environment where everyone is feeling uncertain. I think these fractures make more people nervous. Whether this is a bigger issue, i will know this weighs on investors sieky i had a 2007, summer of 2007 bnp scare. There was maybe 2 billion that was frozen, sub prime and there was a freak out. At the time, it didnt feel meaningful this is the first time the fed stepped in the only time they did this was in the middle of a crisis. Thats right. This is a warning
Hq this afternoon before going on to address influential backbenchers, promising to deliver brexit by october 31st. The president of the Eu Commission and the eus chief negotiator both say they look forward to working with him. And President Trump has congratulated mrjohnson saying, he will be great. One other news story a heatwave is spreading across the uk, with temperatures expected to climb to well over 30 degrees celsius this week. Its five oclock our top story borisjohnson has promised to energise the country, after winning victory in the tory leadership contest. He secured two thirds of members votes, comfortably defeating the foreign secretaryjeremy hunt. Mrjohnson will officially become Prime Minister tomorrow after a meeting with the queen at Buckingham Palace. In his victory speech, mrjohnson promised to unite the country and deliver brexit by the deadline of 31st october. But hes already seen some ministerial resignations and there could be more as several cabinet members h
British ships in one of the busiest oil shipping lanes in the world have been put on the highest state of alert. It comes as a Royal Navy Warship had to warn off three iranian gunboats that were trying to intercept a british tanker in the strait of hormuz. The ministry of defence says hms montrose moved between the tanker owned by bp and the iranian vessels and issued several radio warnings before the iranian boats turned away. Iran has denied that any confrontation took place. But it had already threatened to retaliate after British Royal marines seized an iranian tanker last week on suspicion of breaking eu sanctions. Our defence correspondent Jonathan Beale reports. The warship hms montrose was on patrol when the british tanker was approached by three armed iranian fast boats. Montrose was reported to have quickly arrived at the scene, training her guns on the iranians who turned away after several warnings were issued over the radio. The tanker, british heritage, was about to trans