Hold a Shareholder Meeting later this week. The British Government considering a contribute the hardest hit part of the economy. This as Boris Johnson prepares to unveil the next phase of easing it may include the social distancing rule. Good morning and welcome to the program. This is the latest as we have shares plunging. They were down more into the start of the session 1. 9 billion euros missing from its accounts may not have existed in the first place the company says that there is a likelihood that the cash that amounts to around a quarter of the Group Balance sheet was never there after the hunt for the missing amount hit a dead end in the philippines over the weekend. It is the preliminary year 2019 and First Quarter 2020 results and forecasts due to the schedule the german finance minister said the supervising institutions have been hard on the card he stepped down on friday. Reaching the philippines and the central bank there says that effectively they are denying that there
Happy monday. This is bloomberg surveillance. Khan Francine Lacqua in london. Lets get to your markets. Investors, trying to win a number of infections rising with all of the extra stimulus being put out. If you look at what the market is focusing on, stocks are falling, gold is nearing highs on concerns about the virus, treasuries on the dollar hovering below 40 a barrel in new york. Market checks through the day. Lets get to the first word news in london. Here is dani burger. Disappointing crowds for Donald Trumps First Campaign rally since the virus outbreak. The event in downtown tulsa attracted far fewer supporters in the white house had touted. It was overshadowed by continuing criticism of the president s response to the pandemic and his reaction to protests against police brutality. You are warriors. Thank you. We had some very bad people outside. [cheers] we had some very bad people outside. They were doing bad things. I stand before you today to declare the silent majority is
Results, saying the missing 2. 1 billion euros on its Balance Sheet probably doesnt exist. Shift, the bank of england governor saying he gave officials more firepower in future cases. And no holds barred. Slam hongrass set to kongs National Security law when they hold talks today. We are live in brussels. Just over an hour away from cash trading. Arrows inking at red europe, more than one person , ftse futurescks a little down and dax futures off about 1. 5 . U. S. Futures are pointing higher. We see some slight gains, little gain, really unchanged. S p futures up to tens of 1 and nasdaq almost 3 10 of 1 . Gmm . Have you got on the its interesting we see the divergence in u. S. Futures and european futures, a little bit of catchup and European Equity markets. On a fairly flat session for asian markets, at least overall. Some weakness coming through in hong kong as a result of the security law, some more detail on that from china. A bit of weakness in the hong kong market. Broadly, flat
Able to tell the should go to trial by media its a new series on netflix and it raises a lot of relevant issues for this show well speak with one of the featured Defense Attorneys and the media uses a stroll down a ramp and a drink of water to quote unquote prove that donald trump is ill while his opponents multiple missteps and misspeaks the good go unreported im Steve Malzberg lets see the press. Oh you know. Easily push. By. Lets face it folks at least in my opinion right now not only does the media have no use for donald trump they dont have much use for the police either and that was never more evident than tuesday night on the network newscasts when they covered the story of don. Trumps executive order on Police Reform watch but the president spent most of his remarks defending the Law Enforcement with pressure mounting to address Excessive Force by Police Departments President Trump took the unusual step of surrounding himself with Police Officers today and the president used hi
That is really interesting, if they are allowing them to take on risk, you would presume that would help the economy and funnel more money out there. Later on, speaking with a buyer ceo. There has been a 10 million settlement after the acquisition of monsanto. So lets get into the bigger story of the day, what is happening with infections. We want to bring in a doctor to help us understand everything. We have with this a senior scholar from the Johns Hopkins school of Public Health. This after records have been anden in florida, texas california with hospitalizations. , whatmarket participant are the figures and numbers we have to Pay Attention to to understand the feedthrough of infections into the economy . Amesh it is the percent positivity, meaning how hard has a become to find cases. We are seeing places like arizona, florida and texas where it is about 5 , now going into the 20 range. That tells you the outbreak is not under control in those states. The other thing to look at is