The banking index very much under pressure. Names like bnp paribas dragging at lower. Rising case count likely to put pressure economically on europe. That is going to feed back into the Banking Sector. By 0. 4 . S up arodollar now trading with 1. 16 handle. We are down by 0. 4 . Alix as you were talking about travel restrictions and lockdown light, european leaders grappling with how to bring the virus under control. Hospitalizations are climbing following a surgeon cases. There are concerns about madrid being overwhelmed at a hospital level. Joining us is maria tadeo from brussels. Walk us through what we might see over the next 48 hours. Maria thats right. There isnt a single approach here from every european country from every european government. Every country is doing this differently. France had a record 16,000 cases. Of course, that is much higher than a neighboring country like italy or germany, which the french government keeps repeating that they dont want to go for a nation
Runs out and shares of Bed Bath Beyond are surging, the retailer reports comps of 6 , online sales soaring 89 , jim so earlier in the week, jim, and even last week you seem to be pessimistic about the prospect of a compromise coming together. Do you feel any different this morning . Look, i think the Airline Layoffs are looming large because with layoffs come a cut in roots, with a cut in roots is a pain point, but i think its the senate, we keep talking about mnuchin and we keep talking about speaker pelosi, but i think the senate is buying into the president s vshaped recovery and i think Mitch Mcconnell is buying into it which says why do we need more we have a v shape, its just Certain Industries that can be triaged. I know that the industries represent small and mediumsized business so im against that, but i would say in favor of the mcconnell position, at least if you are looking at the stock market, this set of earnings, now, that is not what they care about and i dont want to m
In tehran, over what it calls the illegal seizure of an Iranian Oil Tanker off gibraltar both contenders for the tory Party Leadership are told to raise the standard of Adult Social Care if they become britains next Prime Minister. This is the scene live now in stirling where the Prime Minister is about to make a speech calling on her successor to strengthen the union of the United Kingdom. And back at the bridge Frank Lampard one of chelseas grestest players is named as the clubs new manager. Its 5 oclock. Our top story. The betting group william hill is planning to close around 700 shops across the uk putting more than 4,500 jobs at risk. The Company Blames it on new government regulations, which reduce the maximum stake on fixed odds betting terminals from £100 to £2. William hill says its suffered a significant fall in revenues as a result. Campaigners, who warned that fixed odds machines were encouraging addiction have welcomed the news but employees say the scale of the losses
A half hour firework display. A half hourfirework display. It will be to show ill be lifetime said the president. His decision to speak ina said the president. His decision to speak in a few hours time from the Lincoln Memorial has drawn much criticism, 500 of the 15,000 tickets have gone to vips and the president big donors but its not so much the cost of descendents, thats bothering his opponent is a wider concern at the president will use what is a National Celebration to promote himself and attacked them. think the president needs to understand this is americas birthday, not his. This business of the money and military assets to use them asa the money and military assets to use them as a prop, to prop up a president ial ego is not reflecting well on our country. Every time the president has our country looking like the chest thumping loudmouth at the end of the bar it makes us all look smaller. 0ur the end of the bar it makes us all look smaller. Our country is bigger than that. Sp
Irans says its an act of piracy. In libya, reports that guards shot at refugees as they tried to flee an airstrike on a Detention Centre. This as fears that up to 80 migrants may have drowned as another boat sinks off tunis. Were live in washington as the tanks prepare to roll for President Trumps Independence Day parade. And this 3,000 year old tutankhamun bust has just fetched 6m at auction but egypt claims it was stolen. But first, it could the storyline to a highly charged action film british commandos board a supertanker in the dead of night and seize a shipment of iranian oil bound for syria. Thats exactly the situation thats playing out right now prompting iran to summon the British Ambassador to tehran it happened here, in the strait of gibraltar. Its believed the grace i vessel was carrying two Million Barrels of iranian oil and taking it to the bani yas refinery in syria. This of course is in violation of European Union sanctions. Heres more from our defence correspondent jon