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Time. How much more can this market take before there is longterm effects on the economy . Thank you. Market does short run corrections. About 10 or 11 or something. Weve been through this many times before. I dont think, even though it is a frontpage story and no one likes to see their asset values go down, i just dont think, at this point, it will have much of an impact. , how longlify that this lasts,. How long this lasts, it depends on how deep it goes. I will remember i remember i was a reagan cub scout and i remember the 1987 market crash and president reagan saying the economy is fundamentally sound and the economy grew by 3 or 4 after the crash. I think President Trump said it in this room two nights ago, we just think the economy is sound. Therefore, i dont think this shortterm stock market plunge will have any longterm effect. [indiscernible] not at the moment. If you had a friend that was thinking about going to china, ....
We start the week with a sell off lets begin with the news that the huge strike planned by Heathrow Airport workers for today has been called off. Further talks between airport officials and the unite union which is representing the workers will continue throughout the day, to prevent industrial action now planned for tuesday. The airport which is britains busiest was facing some 2,500 workers striking over a pay dispute. This comes after unite said its members had rejected the offer of an extra £3. 75 per day offered by the airport. As a result, the airport cancelled 177 flights roughly one in seven departures. However one of the affected airlines, British Airways, now says it will now reinstate flights from heathrow on monday. Other airlines including air canada, aer lingus and Etihad Airways say they will also be ....
They are indeed. Steady progress for england on the second day so far of that first ashes test at edgbaston. They have had a bit of luck along the way but rory burns has just passed 50, england 88 1. Thanks, hugh. And louise has all the weather a bit quieter out there. It certainly is. Im pleased to say that we have got sunny skies, and the showers are few and far between today, a much better picture in parts of derbyshire. Ill have the Bigger Picture coming up in half an hour. Thanks, louise. Also coming up is this your aircraft, sir . The plane that landed on a busy street and had the police to answer to. Hello, everyone this is afternoon live im martine croxall. Raf helicopter crews are trying to save a dam in derbyshire amid fears it could burst and engulf much of the town of Whaley Bridge. The chinooks are dropping bags of sand, gravel and stone to shore up the dam wall. ....
David in 2018, qantas reported a profit of 1. 2 u. S. , its largest ever. Shareholders were awarded with buybacks and dividends of 360 million, while employees were showered with 50 million of bonuses. That was a far cry from the 2. 7 billion loss announced in 2014. There is no doubt. Todays numbers represent the year that has passed that we have now come through the worst. Alan how do you do . Nice to meet you. Welcome to qantas. David tell me about the turnaround. How did the plan evolve . Alan we had probably the perfect storm there around 2013. The conditions are important because we had high oil prices. They reached over 4 billion, the highest we have seen. We have simultaneously tried to take massive market share and being funded by a number of foreign airlines, extensively funded. We also had, because of a very high aussie dollar, a lot of International Carriers flying into australia. It was a perfect storm in all o ....