Bayer is learns that in the process of selling the roundup lawsuit, up to 85,000 suits could be resolved. We are just under one hour away from the start of your cash trading day in europe. A much ameliorated session in terms of liquidity. European stocks futures little bit higher by. 8 . The narrative is clear. It is the easing of the locked down from australia to japan. Japan is expected to lift the state of emergency. That along with the north of italy having almost zero infection rate, the lowest since early march, really changes the narrative. What is the pathway to reopening europe . The dax is up. A oneoff emergency fund. The narrative has changed. Stop futures are higher around europe. To the german data. Let me bring it to you. The gdp for germany quarter on quarter, this is the final reading, by the way, collapses by 2. 2 in the quarter on quarter. The year on year down 2. 3 . What is interesting in regards to germany, there is the dax over 1 , bloomberg expects the economy to
A San Francisco company is helping hundreds of thousands of families across california, including the bay area with a tool to protect themselves on the Coronavirus Fight kron fours Jonathan Mccall has details. It was back to school tuesday for students in pittsburgh. For the first time in months they return to campus but only to pick up the items left behind in their classrooms. But they do drive away with more than just pens and paper 2000 families also took home digital thermometers. District Officials Say the small devices will provide a big boost for families in the Coronavirus Fight these are really amazing thermometers they provide helpful tips. For our families and theres an app can next to the phone. To provide tons of information back to the families of these 2000 thermometers are just a fraction of the 400,000 being donated to School Districts across the golden state. For free. All courtesy of San Francisco based can to help the thermometer is especially in these very challen
Towards reopening, but the bay area still a long ways away from getting back to normal thanks for being with us tonight at 8 oclock everybody im grant lotus and im Vicki Liviakis said today state leaders made changes to the stay at home order by expanding phase 2 so that more businesses can begin reopening. And while 6 bay area counties remain in phase. One there are some parts of the state that are allowed to move forward kron fours Capitol Bureau reporter Ashley Zavala explains. State leaders announced indoor and outdoor malls can reopen for Curbside Pickup and office work can resume under new guidelines released tuesday washes and pet grooming facilities can also reopen the governor says a Healthy Workforce is key is california gradually restart its economy. I think theres a deep desire for people to come back to work not everybody is going to come back right away, but some counties are prepared to come back at a faster pace than the state Health Officials announced tuesday view and
60 billion kiwi dollars. It is projecting a contraction of its gdp in the Second Quarter to 21. 8 . New zealand maintaining its benchmark Interest Rate at 0. 25 , all pretty much as expected. The rbnz has been at the forefront of supporting the 0. 5 already. Ates under a lot of pressure for this fiscal stimulus, as weve been saying, to double to 60 billion kiwi dollars. Facing a lot of scrutiny on whether to take rates to negative. We will see if it does that later on. For now, keeping rates steady. Kathleen bring in hays. It does seem like rbnz did exactly what the markets expected. Absolutely. There was no changing sentiment in the key rate. 75 basis points move in midmarch, that emergency front, the rbnz saying they are prepared to cut the cash rate further, taking it lower, then that door gets opened even wider. They are saying that the balance of economic risk remains to the downside. Forhey are looking contraction in secondquarter big that would be quite a hole to fill. They are
A look straight ahead with a packed show today so lets dive right in. And u. S. Markets surged today on hopes of global economys reopening and more specifically news regarding a Coronavirus Vaccine and vaccine is what we want to focus on here at the top of the program u. S. Based pharmaceutical giant merck announced tuesday it will buy austrian vaccine producer themis bio science and would work with research nonprofit. To develop 2 separate vaccines now merck and also announced a new partnership with ridgeback biopharma bio therapeutics to work on an experimental oral antiviral drug to combat co but 19 as far as timelines for these vaccines mercks says the themis vaccine will be ready to start vaccinating volunteers within weeks while the. Vaccine will be ready for human trials at some point this year now meanwhile maryland based biotech firm novaks says it is ready to start Clinical Trials of its vaccine this week a. Australia citing optimism on the developments. With your knowledge y