As the stock plummets 11 and is now at just 10. 35, american is also offering voluntary buyouts to employees. That leads to this question. Are we looking at a Global Travel depression . The ceos of hilton, United Airlines and Royal Caribbean cruise lines all sit on the board of one Organization Called the world travel and Tourism Council. The ceo of that council is live in a fox business exclusive from london, where the famed tube, londons underground subway, is now closing down stations. Will london lock down and what does the future hold for travel . Despite americas troubles, the markets are bouncing back from yesterdays selloff. Weve got another volatile session. At one point, down 721 points at the low, the dow has now swung more than 1200 points, currently we see gains of 237 points. The s p climbing higher by 30. The nasdaq is up 254. Plus we are going to speak to the nations largest Medical Transport company about how it is preparing to move coronavirus patients from one place
You know of course there will be. A good basis for good cooperation and relationship and Economic Prosperity down the road the government has been backed by for some hand so its also keen on maintaining this relationship in a sense saudi arabias role is providing insurance is for both parties and perhaps without it this deal wouldnt happen brokered. Still ahead on aljazeera a key witness in the dollar trump impeachment inquiry defies congressional investigators and says he will not testify the committees next step coming up plus the 2 parties have agreed to expeditiously on continuously. Key players in syrias war set to hold talks of the evolving story of meeting. Set fire across china at the moment largely clear skies lots of sunshine around a little bit of fat with a cloud just drifting through those central parts but it will be essentially dry and sunny the west the weather is further south of us and very heavy rain just pushing into the philippines into central and southern parts o
Affect a lot of solution Climate Change the return. Pollution shut down. Blackout off the blackout sought out because you too that the conch give its act together will the fresh fall of 1000000000. 00 in taxpayer cash put it into our lives just a bunch of coal fired plants. And the feet end of an era as mario draghi hence the helm of the European Central bank supposed to love god is failed as the savior of the euro buzz saw but many are saying is hes leaving behind a weak. Currencies are born survive the next crisis this is business africa on the health as well. South africas government is forking out the equivalent of another 4000000000. 00 u. S. Dollars to save the countrys oldest and Largest Power Company has come from financial disaster funds are intended to help pay off its enormous debt burden currently valued it well over 30000000000. 00 some so large that Goldman Sachs now describes the state own entity as the single biggest risk to the countrys economy so whats gone wrong its
Sometimes when ive heard some bad news or bad things that had happened outside, ijust, here and do some mechanical things. Live from our studios in singapore and london, this is bbc world news its newsday. Glad you could join us. Its 7 00am in singapore, midnight in london, and 7 00pm in washington, where the white house has published a letter to senior democrats, confirming that it will not co operate with impeachment proceedings against donald trump. The letter calls the process constitutionally illegitimate and claims democrats are seeking to deprive the American People of their president. Earlier, the Trump Administration blocked a key figure from testifying at an impeachment hearing. Gordon sondland, the Us Ambassador to the eu, was going to be asked whether he urged ukraine to investigate the former Vice President joe biden and his son. He released a statement saying hed been directed to stay away. Laura trevelyan has more from washington. Hes the manor House Democrats wa nted he
Time performance the testing starts for one mobile network is promising as it fits the stadium out with 5 technology. Welcome to do that your business im out of office and berlin the sudden bankruptcy of British Travel for thomas cook has shaken the travel industry Smaller Hotels app orders and whole destinations are now facing a sudden ebb of travel as in many cases unpaid bills thats leading some to reconsider then tie a Business Model turkey is one of the countrys most heavily affected. Thomas cook sony logo will soon disappear from the sun connect resort in fact cio its been a thomas cook Branded Hotel for 6 years but its closing its doors this season a month earlier than usual and getting ready for a major changes unfortunately. Its got. Less customers. Back to the safety on their haul. Take out. Our heart is broken the hotel is now looking for new Business Partners and many of its repeat guests from the United Kingdom are concerned. I think this that worries that the price is rig