The tunnel but this is going to be a very painful two weeks. Uk Bank Stocks Fall after lenders ditch their dividends. Joining the european counterparts on calling lenders to hold on to cash sinking deeper into contraction while the italian pmi drops to the lowest in a decade i expect to see some very bad numbers coming out of the economy in the First Quarter, Second Quarter and what it looks like coming out will depend how the virus proceeds lets do a little bingo calling here this is your eurozone pmi bingo numbers. Final manufacturing pmi for march 44. 5 that is the lowest since july 2012 the final manufacturing output number, pmi at 38. 5. The lowest since april 2009. Worst than the flash estimate. Rounding it out with a look at the final new orders the constituent 38. 5 the lowest since march 2009. Clear indication of significant decline in eurozone factory activity u. S. Futures turned sharply lower after President Trump warned that the next two weeks will be painful as many as 24
President of the United States is the president of the United States. He can do whatever he wish and he is not accountable to me or anybody in this room. Renault shares fall to the bottom of the 600 as reports emerge that nissan is gearing up for a potential divorce. The pound falls below 1. 30 against the dollar after the bank of Monetary Policy Committee Says he would vote for a rates cut if there is no improvement in the uk Economic Data welcome to the show, everyone the most Senior Commander of irans revolutionary guard was called to a closed session of parliament after tehran admitted it mistakenly shot down a Ukraine International Airlines Passenger plane. There were no immediate details asked of the official but iran blamed its air Defense System for the crash, which killed 176 people the announcement has sparked protests across iran and protesters have called for the resignation of iran saying they tried to cover up involvement in the crash. Dan is in abu dhabi. What a differen
More on our website, bbc. Co. Uk news, and the news app. Now on bbc news, live to singapore for Asia Business report. Trump signsa trump signs a key hong kong legislation. The move backing pro democracy demonstrators comes in the face of angry objections from china. Protests and investments. A trade minister in chile tells me why his country is open for business despite wave of violent demonstrations. Good morning, asia, hello, world. Yes, it is a thursday. Glad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets start off with the hong kong protests, because us President Donald Trump has signed into law congressional legislation backing the pro democracy protesters. The move comes despite angry objections from beijing, the us and china had been close to reaching a phase i deal to end their bitter trade war. Michael mccarthy joins end their bitter trade war. Michael mccarthyjoins me now end their bitter trade war. Michael mccarthy joins me now f
Theres more news on our website bbc. Co. Uk news and via the bbc news app. Now, we can go live to singapore for Asia Business report. Froms highway reprieve, the Technology Giant is giving another three months before a us bank takes effect trumpa huawei. And why tata steel is cutting 3000 jobs gcioss tata steel is cutting 3000 jobs across its european business. Hello. Welcome to Asia Business report, i am sharanjit welcome to Asia Business report, i am shara njit leyl. Welcome to Asia Business report, i am sharanjit leyl. Washington has granted an extension for businesses to deal with blacklisted telecoms giant huawei. It comes as regular does continue to work and rules that the Front Administration says pose National Security risks. The bbcs mira hussein has the latest from new york. Huawei has been one of the most volatile flashpoints between the us and china. The tax giant has long been viewed with suspicion in america. Its status as a supplier of leading Network Technology as well
Google is launching its streaming Gaming Platform called Google Stadia today. The platform offers games on a subscription basis that plays from googles servers. This means there are no discs, physical media or devices involved and the games will play on computers, tablets or mobile phones. Stadia will launch with 22 games, which some critics say is not enough, but its still almost twice the amount initially promised. As it relies on the internet to work. Many areas where connections arent up to speed will not be able to use it. It will be available in m countries from today, with more coming in the next few months. Some have balked at the price, the 129. 99 premiere edition will include a stadia controller, a chromecast dongle, and three months of stadia streaming. A free to play version of stadia, with a lower resolution, will be offered at a future time. Googles Vice President , Phil Harrison is confident his firms new venture will work. Google stadia is a new generation Gaming Platf