Questions were raised over astrazeneca trial results. The ceo telling bloomberg within the last few minutes that it will now likely as a result run a new global trial, saying, now that we have found what looks like a better efficacy, we are going to have to validate this, and we need to do an additional study. It looks like it is going to be half of those full dose that could produce a higher efficacy then maybe a full dose. Europe and the United States continued to struggle with containing the virus resurgence. Germany is seeing a record increase in new cases, while new york cases are approaching 7000, hospitalizations hit their highest since june. Here was more is bloombergs, china here with more is bluebirds emma chandra here with more is bloombergs emma chandra. Emma astrazeneca are going to look to have a no other global trial to test the efficacy of the half dose, which they think will be better, and getting some more troubling figures out of large economies. The likes of new yor
Shutdown. So we are keeping a close eye on everything that is happening there. Lets take a look now at what House Speaker Kevin Mccarthy had to sayjust after the bill was passed. Just moments ago on the house floor, we passed by overwhelming numbers the ability to keep government open for the next six weeks. Youve got to understand why we are here. The senate has produced not one Appropriation Bill through the floor. The house . More than 70 . Discretionary spending has now passed. I do not believe our troops need to be punished for us not getting the work done. So i ask congress will stay in session the next two weeks, continue to work to get this done. The bill keeps the governments funding at 2023 levels, but only for now, it also freezes the us s aid to ukraine. Democrats had originally tried to plug this gap with a 6 Billion Dollar aid package, but that measure was removed from the resolution in order to secure the votes needed to pass it all of this only lasts for 45 days, so the
Chile today. To donald trump cuts a 125 million aid package meant for the palestinians in half. Has the bitcoin bubble burst . We will tell you why the crypto currencies price has slumped crypto currencys price has slumped in recent days. First our top story live from paris. The parliament in catalonia is meeting for the first time in three months. Central government dissolved parliament in october after the region made a push for independence. The largest proindependence parties there say they are set to nominate former regional leader Carles Puigdemont for president again despite his selfimposed exile in belgium. Lets go to our madrid correspondent sarah morris. What hasas come out of the sessn so far today . The 135 mps have voted to choose the speaker. They are now voting to choose the rest of the Parliamentary Committee that runs parliamentary business. They have chosen a member of the left wing Independence Party by 65 votes for. The unionist camp has lost the possibility of havi
German Software Giant delivering a mixed bag. Two french luxury stocks today. Shares fall in part to japanese consumer demand and shares in the drinks maker lower. And to our top story in the last couple of hours toshiba announced the resignation of his ceo over the accounting scandal. Hell be replaced by the japanese firms chairman with 8 of the 16 Board Members expected to step down. The changing management is due to this scandal. The president and chief executive will be replaced by the chairman. His predecessor who is vice chairman will also quit. Now we are awaiting for the Leadership Team to announce and tell us about it being made. Its helping the tokyo index approach an 18 year high. The japanese index already trading at a three week high. Investors are cheering the management change. Its going to take time. 8 out of 16 Board Members will be standing down. Thats a lot. Its a big management shake up. More Board Changes to follow they say. Incidentally also now you need to look a
Volatility. And a big deal coming in oil as crude prices fall to new fiveyear lows. They are said to have revised talks with talisman. Repsol are set to have a revised talks with talisman. Welcome to countdown. A bloomberg exclusive for you. It is the chief executive at ubs. I joined him for an exclusive interview. I wanted to know more. I started by asking, three years into your tenure as the head of how he would score himself. I am going to be generous with myself. I give myself lucky number eight. Lucky number eight. I cant remember i can remember our first interview, and i said, do you think people bitthought you were a strange, downsizing, focusing on Wealth Management. You were very cautious, and you said it was too early. We are three years in. Yes or no . Success or not . Eight. Thats fine. The market has been fair to you as well. I want to go back. I remember reporting on the headline, 10,000 jobs to go. I know thats not the number we arrived at. Those are hard decisions to ar