For the first time after hundreds of women made allegations of Sexual Abuse against former owner mohamed Al Fayed. Michael ward said in a statement the company failed our colleagues and that he wanted to make it clear that he was not aware of criminality and abuse. Our correspondent, helena wilkinson, is in knightsbridge. Helena. This is the first time we have heard from Michael Ward since the Bbc Documentary last week. Let me read you a bit more of the statement we have had in the last hour. He says he wanted to convey his personal horror at the revelations that have emerged over the past week. He says that we have all seen the survivors bravely speak about the terrible abuse they suffered at the hands of former owner mohamed Al Fayed. We failed our colleagues and for that we are deeply sorry. The statement also goes on to say, i feel it is important to make it clear that i was not aware of his criminality and abuse. While it is true rumours of his behaviour circulated in the public d
E we will we will be watchins weekend. That will do it for us, have a great day, everybody, Varney Company begins right now. Stu, on your one day back, im giving you tossing it over so late. Im so sorry, stu. Stuart maria, for fox sports you can do anything you like, its as simple as that. Good morning, maria. Good morning, everyone. President trump held 18 conversations with journalists, bob woodward, included discussions of the virus threat and how the president handled it. The recordings are now public and they are at the center of latest political storm. The allegation is that he publicly down played the severity of the virus while privately acknowledging its danger. Joe biden went into attack mode instant i will saying it was a life and death betrayal of the American People. Speaking with sean hannity last night, the president said he didnt want to scare people and he didnt want to panic, he wanted calm. Yet again the media thinks theyve got the president on the run. Its worth poi
Latest on the scuffles between the u. S. And china over that phase one trade deal thursday china announced a new list of import tariff exemptions for 6 chemical oil products from the United States these exemptions will last for one year kicking off december 26th though Chinas Finance Ministry as not provided a value for the imports excluded from those tariffs what we do know is that the waivers will apply to 4 Chemical Products including Refined Oil Products that include white oreo and food grade petroleum well meanwhile there has been a lot of talk about how this phase one agreement will be such a big win for workers that is the narrative that we on this show have been challenging in fact on the day that the u. S. Seems see a agreement was announced every other business show was praising this as a huge win for the u. S. But heres what we told you. So what is significant about the labor part of the deal wall mung other things this agreement requires that 75 percent of automobile compon
But this is a boom box broadcasting around the globe uncovering the world of business and finance and the impact on us all ive been flung and im kristie im watching 10 parents what we have in store for us today for us and see it moving forward but the head of the biggest auto union in the nation is asking questions that this show raised a week ago well tell you what you say and why it matters so much less than the bank of england act that might provide traders with an unfair advantage thanks to an open audio feed and News Conference that one thing done to fix that problem weve got a live interview straight ahead and then later another huge hit for hoover as the company has now been banned in germany why this is the right here in company is just another example of how theyre coming under so much fire across europe this is the one show you cant afford to miss so lets get started. And we begin with the latest on the scuffles between the u. S. And china over that phase one trade deal thurs
States these exemptions will last for one year kicking off december 26th though Chinas Finance Ministry as not provided a value for the imports excluded from those tariffs what we do know is that the waivers will apply to 4 Chemical Products including Refined Oil Products that include white oreo and food grade petroleum well meanwhile there has been a lot of talk about how this phase one agreement will be such a big win for workers that is the narrative that we on this show have been challenging in fact on the day that the u. S. In ca agreement was announced every other business show was praising this as a huge win for the u. S. But heres what we told you. So what is significant about the labor part of the deal wall mung other things this agreement requires that 75 percent of automobile components be manufactured in the United States canada and mexico in order to avoid tariffs that number though was an. Under nafta it was only 62. 5 percent so its really not much of a change the us in