Coronavirus. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. This is a picture of the markets. We are seeing a bit of a bid for the commodities markets. There is definitely a little bit of an upside when it comes to the price of oil. That is the one big one we are watching out for. We are also looking at the oil, first of all, at 31. 14. Europeanot gold up 1 , stocks gaining almost 2 . We will have more at your Market Action throughout the day. Lets get to bloomberg first word news in new york city with ritika gupta. Ritika the u. K. Warning of a long battle with the coronavirus. People returning to work and school as the economy gets back on its feet. On sundaythe sun says johnson was returned to near normal in july. Astrazeneca will make 30 million doses of a Coronavirus Vaccine have 100ber and will million doses this year. The u. K. Will be the first to have access to the medication if it is successful. It is being developed by oxford uni
the missile also damage nearby apartment buildings and shops. among the dead were two 14 year old twins yulia and anna aksenchenko. president zelensky said the attack showed russia deserved defeat. arnaud de decker is a journalist who was at the restaurant just before it was hit. he described what he saw. i was in the lounge eating a pizza and drinking a nonalcoholic beer. i paid and left and ten minutes later, i heard a very loud explosion, first one and then moments later a second one, and i immediately understood it was the lounge that was hit. i went to the place and it was an absolute disaster. the restaurant was totally gone, people wounded in the street and rescue workers were trying to help the people from underneath the rubble. it was absolutely a disaster. that was a journalist describing what he saw at the restaurant. our correspondent andrew harding has the latest from the scene in kramatorsk. i m in the centre of kramatorsk where the missiles hit and the bl
and wished rishi sunak success. our country continues to battle through a storm. but i believe in britain. i believe in the british people. and i know that brighter days lie ahead. the cost of living crisis continues as many food prices soar some like pasta, tea and cooking oil up by 65% in a year. in our area, there is a lot of people that rely on pensions, rely on benefits, and if they are not supported, businesses won t continue to thrive because there will be nobody to use us. we will bring you more from throughout another momentous day in british politics as mr sunak sax tiago cabinet members he did not want those cabinet and appoints those in the place. already on the way out is business secretary and liz truss supporter jacob rees mogg. also on the way out, you work and pensions secretary, chloe smith. welcome to audiences around the world. rishi sunak has given a speech to the nation before making his way into number ten as prime minister for the first time. h
Good afternoon. The government is facing anger from the car industry about the plans being considered by the Prime Minister to delay a ban on the sale of new petrol and diesel cars. Rishi sunak spoke to the cabinet this morning, and is to make a speech in Downing Street later this afternoon. The Carmaker Ford Has said the proposal would undermine the governments ambition, commitment and consistency. one option seen by bbc news is for the 2030 ban on the sale of new petrol and diesel cars to be moved to 2035 in line with the eus timetable. Another measure being considered is weakening a commitment to phase out all gas boilers within 12 years. Heres our Political Correspondent helen catt. Commitment to the movement of emissions to zero by 2050 is set in law, and by then the country will only be able to put as many pollutants into the atmosphere as it can take out but rishi sunak is about to make a significant gear shift in how the government plans to get there. Ministers insist it is j