Package. The merger between psa and fiat in a move that could force more concessions from the auto giants a new designated driver. Replacing the head of vw brands as the automaker battles with unions over cost cutting plans saudi arabia will no longer cut Additional Oil they say demand is thriving. With we have no whatsoever for lack all of us in the whole World Oil Market have no stomach whatsoever for any type of laxityies. A warm welcome to street signs. European markets have been open about an hour now. It has already been a choppy session. We open in positive territory. Now the main benchmark is down 0. 4 yesterday, the main benchmark dropped 0. 3 what was remarkable was the fact we saw the final recession word enter the mix. Declaring the United States has officially entered a recession just as the nasdaq hit a new record high and raised all losses for 2020. Major difference for what we are seeing in Financial Markets and what we are seeing in the real economy. Begging the questi
Worst. Yep. Talking about the coronavirus. Which the needs now tells us cannot be contained. And thats really why the dow plunged another 879 points today. S p 3. 3 , and the nasdaq 2. 7 on top of yesterdays hideous losses the dow has now lost 1,911 points in a row. Thats a decline of 6. two days now, you dont need me to tell you that this is serious stuff, especially if the director of the National Center for immunization and respiratory diseases told us this afternoon to now expectist significant disruption in our lives. Instantly that became conventional wisdom, thats the reason we told off so hard of course it is more complicated than that, right the stock market is following the much larger fixed income market where buying yields are currently hitting record lows. All sorts of maturities. The ten year is at 135 . The stocks got crushed the market is screaming that this pandemic will cause dramatic decline in Economic Activity both here and around the world. When the bond market sp
we start in ukraine, where the capital kyiv has been targeted by a fresh barrage of russian missiles, described by officials as exceptional in its density . but ukraine says all 18 missiles of various types were shot down, this footage showing air defences intercepting targets over the city. loud explosions were heard. at least three people were injured by debris. kyiv says the rockets shot down included six advances hypersonic missiles. like this one, said to be the first such hypersonic kinzhal missile intercepted by the patriot defence system earlier this month. kinzhal means dagger in russian. the latest barrage came just hours after president zelensky finished a european tour, in which he was promised billions of dollars worth of military aid by western allies earlier i spoke to our correspondent, hugo bachega, in kyiv about these latest attacks. lemerre here has said the falling debris was reported in four districts of the city and that three people were injured but
with these two: the university of sussex. and we will assess the impact on business with wayne griffiths, the big boss of the car maker seat, which has just announced an electric car battery plant in spain. he lljoin me for an exclusive interview. and later in the programme, the man behind the cinema magic. i will speak to the boss of visual effects giant framestore, sir william sargent. i will ask him about working on the world s biggest movies and what the future holds forfilm, tv and gaming. wherever you arejoining me from around the world, once again, a big hello and warm welcome to the show. just days before the un issued its latest wake up call to the world about global warming, the european union laid out its ambitions to boost the green economy. it has announced plans for massive subsidies for green tech to match the near $400 billion already committed by us presidentjoe biden in his signature information reduction act. in washington, dc the issue topped the agenda at
after it failed to follow instructions to head to sicily. the craft was helping three migrant boats. now on bbc news talking business. welcome to talking business. let s have a look at what is on the show. a crisis forcing governments to invest billions to avert a catastrophe. it is not the banking crisis, though. it is the climate crisis. as europe goes head to head with the united states on subsidies for green investment we will ask what it means for business, international trade, and the future of the planet. i will discuss that with these two: and we will assess the impact on business with wayne griffiths, the big boss of the car maker seat, which hasjust announced an electric car battery plant in spain. and later in the programme, the man behind the cinema magic. i will speak to the boss of visual effects giant framestore, sir william sargent. i will ask him about working on the world s biggest movies and what the future holds forfilm, tv and gaming. wherever you arejo