Show is fueling fears of a creeping clampdown as china has passed to impose its new law targeting dissent. Plus a heat wave hits siberia but the frolic is misleading the higher temperatures in the Arctic Circle are also causing forest fires. As welcome to the Program Authorities in germany have ordered a new lockdown in an area in the west of the country the decision was made after a surge in corona virus cases at a meat packing plant in the state of north rhinewestphalia authorities in and around the town of head of eden burke are hoping the measures now in effect will prevent the virus from spreading further. Many 400000 people are affected by the restrictions the new outbreak is the biggest since the Company Began listing the lockdown last month. The tiny district of good to slow is back under coronavirus restrictions until the end of june residents in the western german district can only have contact with their own household just weeks after restrictions were eased schools popes ca
Without support bankruptcy in the next few days the fate of germanys Largest Airline rests in the hands of its shareholders we breakdown new founds a bumpy ride apple is also looking to switch to self sustainability as it plans to ditch intel chips in favor of it so we dig into the details of the move and the latest innovations from the tech giant with a packed show today so lets go into it right in. And we begin with the big news from the Airline Industry as weve peers set to receive a 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder drop his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation. The airline lost 10300000000. 00 in the 1st quarter of this year at the companys Shareholder Meeting on thursday lou lou thousands of board ch
Business partners to speak of the future that they see in entertainment and education, which is front and center for mr. James. But also his future in basketball. This is a lengthy article. You will see a special tomorrow on Bloomberg Businessweek. We will have highlights for you all through the morning. Lebron james is something very different. For our International Audience, basketball is a shockingly simple game. Five players aside, there is a circle at the end 10 feet off the ground with netting, real simple, you put the ball in the basket and you go home. No one has done it like lebron james. I want to make clear, the shock of lebron james is that he is only 69. There are many other bigger, taller people in the sport, but no one has executed in the game like mr. James. He is called a power forward, and that is a big deal for a little guy at 69. Here is lebron james on his new entertainment venture, springhill. Lebron it stems from my upbringing, from akron. For us, when we talk ab
Americas grim reality, new virus cases hit daily records in florida, california, and texas. The imf sees a deeper global recession than it predicted two months ago. Lufthansa biggest shareholder says he will back a 9 billion euro government bailout, getting the rescue plan a shot of momentum ahead of a crunch about later today. A bid for closure, the chemical giant spent more than 12 billion to settle thousands of roundup cases and other u. S. Losses. A significant number of cancer cases claims remains unresolved. Just enter an hour from cash equity trading in europe, and we have a mixed picture. But the futures are trading 0. 2 . Down dax futures are trading higher in frankfurt. We are looking at Different Directions depending on the regional indexes. What you see on the gmm . Anna i will get to that in a moment. Picture around the spread of the virus in the United States, capturing the markets attention, and sending Risk Appetite lower. Getting numbers at of royal mail, this is inter
Coronavirus fears and head to the polls for a controversial vote on constitutional reform it could allow president Vladimir Putin to stay in power for another 16 years. Im going to Office Welcome to the program its crunch time full of tons of shareholders of germanys flag carrier will begin voting soon on whether to accept a 9000000000 euro rescue package that would make the German Government the allens biggest stakeholder should shareholders reject the deal or could face insolvency is how the head of lufthansa supervisory board. Sized up the choice at the beginning of the virtual gathering. You know we dont have any more money. Were going to be living off reserves that we set aside during the good years. Soon we will have used most of those up. Without support and we face insolvency in the coming days. For more than joined by our financial correspondent chose to delineate and fun for chelsea we owed of money those were very very clear words from the companies because we bought cheese