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BLOOMBERG Bloomberg Surveillance July 13, 2024

In demand for oil. Francine it is amazing. F you look at the price he was gloomy and said this was serious. Interesting is that all of his modeling shows there will not be enough Storage Capacity because demand will fall so much. It is based on every country not cheating. If a country needs to balance its books you might open the taps a little bit even if the price of oil is low because you need the export revenue, but that may make things worse. I think thats what he was trying to convey to us. Tom no question about that with oil. Jonathan ferro was talking yesterday about the global contraction in oil. In new york city here is viviana. Report on the impact of coronavirus on the oil market. This year oil demand will plunge by a record of 9 . The executive Director Director on surveillance moments ago. This will for efforts by the opecplus coalition to contain the rush o ....

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CNBC Closing Bell July 13, 2024

Though still awaits aprooul from the house of rep sentives. That vote expected tomorrow. Jobless claims surging above 3 million americans, far outpacing the record of 700,000 and also well above what economists were looking for around 1. 5 million unemployment claims and the virus itself remains front and center for wall street as italy reports more than 6,000 new cases, the most in five days, the worldwide total now shy of half a Million People wilfred. All of the sectors of the s p higher up 4. 7 . All higher, but one to keep an eye on is energy it has been the best performing. Its now towards the bottom. Still up by 4 oil prices slipped a lot this afternoon. Theyre down 7 , so well hope that doesnt drag the rest of the market lower weve got a huge lineup of gu guesting coming your way, ceo of General Mills, plus peter orszag whether he thinks the stimulus bill is enough to ....

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CNBC Closing Bell July 13, 2024

Market meltdown. Hang on, everyone, this is the final hour of trade. Good afternoon. Lets have a look at whats driving the action the lack of a Production Cut deal from opec coupled with a saudi price cut sending prices tumbling down 17 on the day alone. Coronavirus fears remain front and center as global cases top 111,000 and italy locks down a quarter of its population. And the bull market chaos rages on as yields on the tenyear at a low of 0. 31 and remain at the moment below 0. 5 . Joining us for the full first hour of the show, lindsey bell from ally invest they have 7. 85 billion in total customer assets. Shes here along with our team of reporters to break down this massive market sell off. Bob pisani is on the floor of the change Brian Sullivan covering the Oil Price Collapse mike is here to look in the the ma ....

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ALJAZ NEWS LIVE - 30 July 14, 2024

Converged on every floor shops linked to the mainland with a time at this time some were stopped on chinas National Flag before ripping up. The who was the hours they sang and yelled abuse at story writers suspected of being pro beijing pro Hong Kong Government and then she stores and restaurants were forced to clients. Outside the mall protesters used umbrellas to hide their faces before smashing security cameras and burning barricades. Specialists riot police then moved in issued a warning and fired several rounds of tear gas to disperse the crowd. Was at another boiling kalou around 200 protesters marched through the Shopping Center chanting slogans such as fight for freedom and revive hong kong the gatherings like this in shopping malls are a new tactic being used by protesters its a peaceful means of getting a ....

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ALJAZ Losing Louisiana July 14, 2024

1000000000. 00 rescue dale executives from britains thomas cook have been holding talks with the president has in london in a last ditch effort to keep the company a life without some agreement hundreds of thousands of people could be left stranded on holiday and 20000 jobs could be lost as catherine stansell reports. Its britains oldest travel Company Operating in more than a dozen countries with 19000000. 00 customers a year but thomas cook struggled to be profitable. Despite a 1000000000. 00 injection of cash earlier this year the company said on friday it needed an additional 250000000. 00 to stave off collapse before but now they contain a very bad news for the 600000 people around the world on thomas cook holidays when word spread about the dire financial situation this hotel in tunis briefly refused to let holiday makers leave demanding money afraid that they wouldnt get paid if the company went bankrupt. I paid more tha ....

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