And it does look like snow. It is good afternoon. Coming up on afternoon not quite what it seems because i play is under way at the all england club, was not actually a metre of hail before we go to sport, i want to should be a terrific fortnight, accumulating in any one location, plenty to cheer for the british live, all the sport. Ta ke before we go to sport, i want to take you back to hong kong because the thinking is that because it is a tennis fans already, this is the scene live there right lets get the very latest warm climate, a lot of that hale from wimbledon. Melted when it reached the ground now. We understand that protesters afternoon, wimbledon is under way and then youve got a lot of flash have smashed their way into the and Novak Djokovic has just started john watson is there. The defence of his title. You will flooding, and then the additional Legislative Council. You can see the be back there later in the hour. I hail that was falling was almost pictures there. Protest
Were increasing our Sales Guidance in innovative medicines and santos and our bottom line guidance for the full year. Easyjet shares take off after backing the fullyear outlook and lands a new chief operating officer. And shares in asos sink after issuing their third profit warning in the last eight months all right. Very warm welcome to you all we are right in the middle of european earnings season things are beginning to ramp up. Annette and julianna will have the latest on s. A. P. And novartis first two stocks here in the uk. Asos is one weve been following closely. They have issued the third profit warning in eight months citing operational issues in europe and the u. S at one point asos you can see the stock is down 12. 7 , at one point they were down 20 another stock were looking at is easyjet First Half Results did meet expectations the budget airliner reiterated their fullyear guidance easyjet is up there at 3. 6 . One of the few green spots on the heat map today s. A. P. Says
Site of the g20 summit this week. Thatshere President Trump and xi will be meeting to discuss trade. An important moment in the trade dispute between the two economies in the world and today, secretary mnuchin said the two countries are close to a ulal. Im hop we see a deal, but there needs to be the right efforts in place and this isnt you know a deal for having the sake of a deal. We were about 90 of the way there. I think theres a path to complete this. But wellwe see whae got. Market watchers know weve heard comments like that before which may be why after initial excitement this morpg, reaction ended up being new. The dow was down 11 points, were at 26,536. Nasdaq up 25. Actually the real action today was in the energy market. Gasoline fut es mooued higher when it was announced that refinery outside philadelphia hadxploded lastfriday. Its going to be permanently shut down. It was the largest and oldest refinery on the east coast. Account ed for nearly 30 of tht regions refining ca
The us open. He is hardly a household name but he has had and is interesting journey. And matt taylor . If you are fed up of rain, more downpours to come, particularly for Eastern England tomorrow night. Where is the summer . I will tell you more in the next half an hour. Also coming up can you have a naughty corner in the oval office . It isa it is a fantastic financial statement. Lets do that over, he is coughing in the middle of my answer, i dont like that. If you get a cough, please leave the room. His views on germs are well known. Well tell you how the president reacted to that cough, during a television interview. Hello, everyone, this is afternoon live, im simon mccoy. Boris johnsons campaign to become conservative leader and Prime Minister received a boost this morning with the endorsement of the Health Secretary, matt hancock, who said mrjohnson was best placed to re unite the fractured party. Matt hancock dropped out of the race last week. He made his announcement after the
A georgia grand jury indicts former President Trump charging him with felony and racketeering the defendants engage in a criminal racketeering enterprise on the record, ron desantis talks to cnbc exclusively that bob iger should drop his lawsuit and talks tough on china i view them as an adversary you have to deal with a lot of people that is not the direction we need to go now, good morning. There is a lot going on in markets this morning ill highlight the top stories we have been talking about in the last hour or so. First, lets start with china. China Central Bank Cut the onemonth loan rate by 10 percentage points. Earlier, the Chinese Central Bank did cut the key rate in the oneyear rate to another set of weak Economic Data coming in and Russia Central Bank hike to 12 during the emergency meeting after a plunge in the ruble. The central bank warned pressure is building in the economy and that is the reason they did go for the aggressive rate hike 350 basis points from russia throug