Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
And working on social welfare issues close to 30 years and those of you who have read my writings know that if you most traditional Welfare Programs have been selfdefeating and have done a great deal of harm that is intended to help i found it fascinating pp on people are happy to criticize but to do welfare for the wealthy and then to have less criticism and less disapproval than those that try to help those that most need the help. Then the freeways people that are millionaires or billionaires. One is wellintentioned although not very effective so with that said we have an interesting form today talking about a new book that is available on amazon called welfare for the rich. And that is on sale right now and amazon. And then beyond that i will turn it over to our guest and show harvey is the founder former ceo and a Charitable Group with familyplanning issues around the world and the head of d kt Liberty Project which is a prominent defender of free speech as an entrepreneur and phi
Welcome to arts 21 we are in cannes where a mini version of the citys famous Film Festival is giving hope to a struggling movie industry because the corona pandemic has hit the film business hard now if this were spring and it were a normal year the streets in cannes will be packed with filmmakers journalists and film fans but this is the fall and the process is nearly empty as empty as most theaters these days as empty as the most film sets where even the movies that are being made have to be done under very strict and costly new 1000. 00 safety protocols in fact the only place that film fans seem to be congregating these days is on streaming platforms at least at cannes many festival there are some new movies to be seen thats not the case in most cinemas these days the Hollywood Studios have held back their big blocked. No one can say even if say the new batman or the new james theater but. If. They can Film Festival usually takes place but it all looks much the same as usual and as
Along the border with sudan is worsening, and u. S. President elect joe biden is set to announce his 1st cabinet appointments and tony blinken, a former Obama Administration official, is expected to be named secretary of state. An unschooled, the head of african football has been handed a 5 year ban a by the sports world governing body fifa. Ahmed ahmed was found guilty of financial misconduct following an investigation. Thank you very much for joining us. We begin this news hour with a promising breakthrough in the global race to find a vaccine for corona virus. Raising hopes of an end to the pandemic could be within reach the u. K. Pharmaceutical company, astra zeneca and the university of oxford have said they have caught a vaccine for the world. They say that on average have seen is 70 percent effective, but that may increase to 90 percent depending on the dosage at 2. 50 is the cheapest potential vaccine so far with no serious side effects. This is the 3rd Major Company to report
Lashing today over how their companies handled 2020 election. Heck out few hours indicating a decline as we await october retail Sales Numbers out this morning at 8 30 a. M. Dow industrials down 88, nasdaq is up 14 and s p 500 lower by 14. Record day in wall street to start the week yesterday, dow finishing at its first alltime high in 9 months boosted by the positive news on modernas phase 3 vaccine trials. At the close up 471 points, nasdaq up 95, almost 1 and s p higher by 41, better than 1 . Big day for retail earnings, walmart and kohls and home depot all reporting this morning, we will have the numbers as soon as they give hit the tape. Holidays in digital world. Zoom is helping you and your family out if youre planning on a virtual turkey day, its making a buzz, mornings with maria is live right now. Maria home depot earnings hitting the tape right now and european markets are lower, cac quarante down 9, dax index lower by 25, take a look at home depot numbers, revenue above exp