Forecast. We will bring you that interview with the ecb president. And the ax falls again at goldman. The bank prepares to cut jobs for the second time in three months as the focus returned cost cutting. Very good morning, everybody. Welcome to the program. Lots of breaking news to get to. Lets have a look at some of these numbers coming through. Have the numbers coming through from the shipping business which transports 1 5 of the worlds containers so really interesting insight into the way the Global Economy is spinning and the shipping industry in particular. We are getting the numbers through. We already heard from them last night about how they were upgrading their guidance, raising their fullyear guidance so that already sets a positive tone. They said they will initiate a new Share Buyback around 10 billion danish krone. That program will run for 15 months. E will be speaking to the ceo that is the conversation at 7 30 u. K. Time, so in around 25 minutes time. Let me get to some
Irelands Prime Minister told bloomberg that the outline of the u. K. E. U. Trade agreement is clear on both sides, but it is not clear that Boris Johnson wants a deal. Has let is set to join the s p 500 next month as its biggest ever new member. Just one hour to go until the start of the european trading day. We have the numbers from easy just. The Lowcost Airline is he easy jet. 4. 5 . Down this is a fullyear set of numbers bearing in mind when the end of the easyjet fullyear is, in november. The revenue is attached below the estimate of 3. 08 Million Pounds. Get to something that loss, 835e, pretax million. That is one of the things we need to understand. It will not the recommending payments of a dividend. A big question for is a jet when we get to see the ceo is, is november the worst of it . Hsbc saying that november may be as bad as it gets for the european airlines. Doesnt feel that way from the aviation flight deck, for could things become more difficult as we get through the w
The meeting will come to the order. Im joined by Committee Members supervisor walton and mandelman. Id like to thank sfgovtv for broadcasting this meeting. Any announcements today . Yes, madame chair, due to the health emergency, phone number of the board of supervisors and the Committee Room are closed, however, members will be participated in the call remotely. You can make public ct by calling 14156550001. 146 580 2686. Again, i. D. Number, 146 580 2686. Then press pound twice. When your item of interest comes up, dial star 3 to be added to the speaker line. Best practices are to call from a quiet location, speak clearly and slowly and turn down your television or radio. Alternatively, you can submit Public Comment in the following way. Email to myself. It will be forwarded to the supervisors. Finally items acted upon today are to appear on the board of supervisors agenda on october 27 unless otherwise stated flmplt fluf resolution authorizing the department of homelessness and Supp
Smallerriers Like Hawaiian Airlines at s. F. O. And has unsustainable increases for our carrier. In addition to that i want to point out some specific burdens that exist with respect to the h. W. O. Very rarely in any job marketplace can you find plans that are available to employees at no cost, let alone to entire families at no cost. The h. W. O. Mandate coverage is so far beyond what even the most generous employers offer their employees, including the city of San Francisco, with their own employees. Specifically Hawaiian Airlines and our workforce is highly unionized and we negotiate collective bargaining agreements which are voted upon and approved by employees that include generous wage and benefit packages. We do not believe that this legislation should supersede our collective bargaining agreements or interfere with our relationships with our labor partners. Thank you again for another opportunity to weigh in on such a monumental decision. I strongly urge you to oppose the ordi
On united. Lower after reported earnings. United losing 1. 8 billion in the third quarter. Thats not a surprise. Everyone knows what has been happening. The numbers were a wider loss than estimated revenue fell 78 , coming in shy of expectations at 2. 48 billion. The metric everybody is focused on is the daily cash burn. They were losing 50 million a day at the end of march. They brought it down to 40 million for a daily cash loss. Bring it down to 25 million in q three. Their core cash burn comes down to we heard delta say we think we will break even in the spring united is not addressing that. We know that will come up tomorrow i suspect that united will give guidance liquidity. The company is stressing it believes it has the cash on hand to get through the pandemic. No one knows how long this will last, how long the airlines will be down, a year and a half or two years. But united feels it is positioned welcoming out of the third quarter. We have an exclusive tomorrow morning on squ