We have two huge interviews this hour first stephen ross of related company is a Real Estate Firm of 60 billion in properties. Hell tell us why he thinks Corporate America is entering into a cost cutting spiral thats what hes doing and hes seeing it elsewhere. Power lunch starts right now welcome opini lets take a quick check on the markets. The dough is up. The s p 500 is within striking distance of an all time high amazon and netflix all flat before the session financials and Energy Stocks both up more than 2 right now as that reopening rally seems to be broadening out. Tyler. Thaunk you very much the other group out performing today is boeing and the airlines boeing, united airlines, american, jet blue, southwest all jumping higher as the reopening rally gains steam. Phil has more on the moves in those sectors. High, phil its all about optimism its not looking at the near term which is ugly and how ugly is it. Take a look at the july order and delivery numbers from boeing this is no
We have had six weeks of gains free u. S. And european equities. The longest run of gains like that in two years. The s p 500 hit another record on friday and we look to be on the front foot albeit in a muted fashion today. The seven that cut to day reverse repo rate in china which made the list in particular chinese equities. The 10 year yield dropping last week. We slid down from ed handel we had on november 7 and now back up basis point. What it will take to take us back up to 2 . A crucial few weeks ahead as weve had some positive news on andu. S. China trade talks Boris Johnson said all conservative candidates will back his brexit deal if he wins the december 12 election. Of course his party leading in the polls the moment. Coming up we will speak to u. K. Labour party leader Jeremy Corbyn. Dont miss out at 1 00 p. M. U. K. Time. We begin with evaluation target for aramco with saudi arabia to add as low as 1. 6 trillion per thats well below the much touted 2 trillion. It would all
A teenager is charged with attempted murder after a 6 year old boy was allegedly thrown from viewing platform of the tate modern art gallery. Eu Officials Say they currently have no reason to hold any further brexit talks with the uk. Englands batsmen crumble. Australia rip through englands batting line up to take a 1 0 lead in the ashes. s an icy swim, a 100 mile cycle uphill, and a marathon. How louise took on one of the toughest triathlon events in the world. Today we are looking at a mixture of sunshine and showers once again. The heaviest showers in the north and west that theyll be slow moving and thundery. West. Theyll be slow moving and thundery. More in 15 minutes. Its tuesday, august 6th. Our top story holidaymakers on a flight from heathrow to spain, had to be evacuated after smoke filled the cabin shortly before landing. The 175 passengers on board were told to use emergency exits to leave the plane and slide down the chutes. British airways has blamed a technical issue. Ou
Down to accommodate all of these stranded airplanes. They finally got them empty late last night, people coming in from moscow, argentina, people brought into the terminal and there was no help because a number of these airlines do not actually have service at the less, so they had no dulles, so they had no staff to handle it. The Metropolitan Airport authority did a wonderful job. Many people were sleeping on boxes, but the airport staff got them food and blankets to get them through the night. Some people chose to go hotels. A number of them were put on buses up to jfk without their luggage and it could be days before their passengers see their luggage. We just did a tour of the tarmac and we will have another report coming up at 4 00. Reporting live, sam sweeney. Adrianna lets get to some live pictures of new york city a lot of passengers are trying to get to. The streets are not doing too bad at this hour. It is another story for boston. These images are breathtaking. Streets turne
Why do Airlines Overbook in the ist place . We will try and find out. Good morning, welcome to the programme. We are alive until 11 am, we will bring you the breaking news and developing stories and we are keen to hear from you. We will talk to former executioner who will save why he is opposed to the Death Penalty, that as new figures show the number of times its used around the number of times its used around the world is actually falling. And you may be surprised that the country for the most executions are still carried out, we will bring you the news after 10 am. If you are getting in touch, you can do so on the usual ways. Just trying to tell you our programme has been nominated for a Ba Fta For Programme has been nominated for a bafta for our coverage of the foot dollars abuse story back in november. The competition is very tough footballers. More than 900 Adult Social Care workers a day left theirjob in england last year. Around 60 of those who quit left the Adult Social Care p