Epicenter of the outbreak in the united states. Jobless and hungry the Pandemic Forces thousands in bangladesh to leave the capital and head back to their villages. And sport the house and the 2023 womens world cup will be announced later on thursday colombia goes against a joint Australia New Zealand bed as they all lied to stage the competition the 1st time. We begin with new developments in the global Aviation Industrys efforts to survive curing the coronavirus pandemic more than 40 Major Airlines have been forced to ground their entire fleets many have suspended more than 90 percent of their flights australias biggest carrier quantas today announcing 6000. We cut in a bid to lower costs as it fights to stay in operation germanys lufthansa the 2nd largest in europe has signed a deal to secure a 10000000000. 00 government rescue package but in the u. S. Where air travel demand has picked up a little since april the number of people passing through airports is still down by more than
U. S. Break. Also this hour no longer fair just lovely a popular skin lightning cream is renamed after a backlash in the wake of the black lives matter protests. And in sports the house of the 2023 womens world cup will be announced later on thursday and joint Australia New Zealand bed goes up against colombia as they all drive to stage the competition for the 1st time. We begin with new developments in the global Aviation Industrys efforts to survive during the coronavirus pandemic more than 40 Major Airlines have been forced to ground their entire fleets many have suspended over 90 percent of their flights australias Largest Airline quantas today announced 6000. 00 jobs are to be cut in the pit to lower costs as it fights to stay in operation across in the u. S. Air travel is still down more than 92 percent as compared to last year even though some flights have resumed since april in germany tons of the 2nd Largest Airline in europe has signed a deal to secure a 10000000000. 00 gover
There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this week. Lets see how things are shaping up for asian markets. Monday, fragility well. On view as asian stock futures looking mixed after the regional benchmark cap to the first weekly drop in three. Patch,hitting a rough sinking more than 5 in three days. Signaling concerns around a potential recovery across the globe. Value performing decently in a for the month of we are going to find out if Central Banks will add support with rate decisions do including taiwan and indonesia. In japan, after pa
And head back to their villages. We begin with new developments in the global Aviation Industrys efforts to survive curing the pandemic more than 40 Major Airlines have been forced to ground their entire fleet many have suspended over 90 percent of their flights australias Largest Airline quantas has today announced 6000. 00 jobs are to be cut in a bid to lower costs as it fights to stay in operation across in the us air travel is still down more than 92 percent as compared to this time last year even though some flights have resumed since april germanys love turn sir the 2nd biggest in europe has signed a deal to secure a 10000000000. 00 government rescue package dominic cain has more now from berlin. Remember that this deal needs still to be approved by the shareholders of loved ones and the devils in the detail that because in order for the shareholders to approve this deal they have in effect to accept the dilution of the power of the shares that they own and that has proved to be
We will look at chinas been on north korea and coal. We breakdown chinas trade data as soon as it comes in. And singapore looking ahead with budget announcement to do later on. From sydney we break down the latest attorneys from the minors in australia. In new york world we will be discussing krafts surprise withdraw from a merger with unilever. And a deal for bank of americas boss. 20 million for Brian Moynihan. Coming daybreak asia from the u. S. And asian headquarters, im betty liu in new york where it is just after 6 p. M. It is just after 7 a. M. In hong kong. A pretty mixed day for markets it seems on this monday. Japan trades will be the one to watch at this hour. And they will be focusing on global trade in the next two hours today. With two former trade negotiators joining us. Betty it is interesting we are talking about all of this at a time when trumps lieutenants call them are out and about in europe and asia trying to appease everyones concerns about what exactly the u. S.