Yields have continued to fall in italy. Stocks in europe. We will provide the details in a moment. The s p is up around. 5 . A stable day. We are seeing a rotation back towards the tech stocks. The top the stoxx 600 benefiting from the ecb largess, which were now expecting more of. The stoxx 600 up 1. 12 . Aboutyou are talking Christine Lagarde saying the ecb will be there for the second wave of the virus. The Central Banks primary tools will likely stay the same. Lagarde while all options are on the program, the have provenros their effectiveness in the current environment and can be dynamically adjusted to react to how the pandemic evolves. They are therefore likely to remain the main tools for adjusting our monetary policy. Alix joining us from frankfurt is paul gordon, who leads bloombergs western european Central Banks coverage. Bdp is getting the most out of that statement from Christine Lagarde. Yields down. What was your biggest take away about how she said she would support th
A place at the negotiating table. When more and more migrants are risking a dangerous new atlantic route from africa to europe via the Canary Islands. And a planet transformed into an uninhabitable hell a un report says World Leaders are failing in their duty to stop climate disaster. We start in the United States where a divided senate is pressing ahead with the confirmation hearings for Supreme Court nominee Amy Kearney Barrett just 3 weeks before the president ial election she was nominated by President Trump and her confirmation would increase the conservative majority in the Supreme Court alan fisher has been following events on capitol hill in washington d. C. The goal to have amy quiney bennett on the u. S. Supreme court before the president ial election the 1st step the Senate Judiciary Committee Hearing 16 days after her formal nomination from the Committee Chair a lament that politics plays such a big part in nominations now the bottom line is Justice Ginsberg when asked abou
Many germany was their preferred destination and initially they were welcomed with open arms with chancellor Angela Merkel famously proclaiming her mantra this isnt us its happened we can manage it so 1st there was euphoria but then came harsh reality. Now the Largest Group of refugees making their perilous journey to germany and other European Countries were syrians desperate to get away from the murderous civil war in their country they included the superman family who we met up with 5 years ago as they headed for burlington and the question is now how are they fared since then. Well its just after 6 am but the still a mans day has already begun we brush your teeth and. You know yet. Most of us will a man and his wife of beer are getting their 4 children ready for school and daycare a good thoughts on where. Ok 5. This is a month into germany 5 years ago after fleeing the war in syria the parents came with their sons jude and a rom and daughter a llama their youngest child sam was bo
After officials celebrate positive results from a gilead trial. The data shows that remdesivir has a clear cut positive affect in diminishing the time of recovering this is important for a lot of reasons. Socgen gals. It triples provisions and suffers poor performance at Investment Banking business. Nokia takes a 200 million euro hit saying 5g will be an ongoing boost to demand. Elsewhere to facebook focusing on the positives shares jump in after hours trade as the social media giant said ad revenues made a come back and monthly users neared the 3 billion mark we are not immune from this crisis we did see a steep decline in advertising revenue starting about the first week in march. That has continued weve seen some more recent stabilization. A warm welcome to street signs, everybody. The French Economy has suffered the deepest contraction since world war ii meanwhile spanish gdp data also showed that economy slumped 5. 2 , quarter on quarter as the virus brought the countrys economy t
Made quickly and there was a disruption maersk warns the virus has public announcement toese that signature wantly warned and make it not look too abrupt. Visibility in 2020 after missing fullyear forecast and higher as they allow for a strong Fourth Quarter. Schweiss re sees red after a it wasnt really that bad. Full year falls short amid it was decent. Rising claims of man made and you are right, it was overtaken by ubs natural disasters. Posting a 1 billion share buy what youve seen has been the emphasis of getting the back air france warns coronavirus Investment Banking side working will wipe 200 million from its more efficiently what we are seeing here is the earnings and flight suspensions could cause a heavier impact board of directors perhaps sending shares lower turning their back or deemphasizing and saying we should look more at the bread and butter retail, banking business to pick up on that, big welcome to street signs. Investment announcements were made you have restructu