The shares trade lower. Full steam ahead for alstom shares after the french trainmaker says its in talks. Airbus shares hit a onemonth low as they say they deeply regret a u. S. Decision to hike tariffs on europeanmade aircraft. Good morning, everybody. Happy monday the story weve been following the last couple of weeks that has gripped markets and the world, lets talk about coronavirus. Chinese authorities have reported almost 2,000 new cases of coronavirus and 100 new deaths it takes the toll total death toll to almost 1,800 the rise in new cases reverses two days of relative declines over the weekend the 380 american nationals quarantined on the diamond princess cruise ship off the coast of japan disembarked after two weeks. They were put on charter flights returning to the u. S around 40 americans tested positive for the virus and will remain in japan. And europe has seen its first coronavirus fatality after an 08yearold chinese tourist died in france. Egypt also confirmed a case o
Why are rising prices worrying the Iranian Oil Minister . Newseek began with the that 11 princes had been arrested in saudi arabia for staging staging a sit in. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Reaction y gut got reaction and more on the story. We dont know a lot of details about this. What we know from reports, as you said, they are protesting utility bills. What it clearly shows, it shows there is rising discontent within the ruling family after that crackdown. After obvious a, there is grumbling. What happened is that according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. They were there was hard sure treatment. Main, because thats the thing it shows is that there is more discontent within the royal family. Are we going to see more of this . That is a question to follow. There is another story taking place in saudi arabia rig
The week began with the news that 11 princes had been arrested in saudi arabia for staging a sit in. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Tracy alloway got reaction and more on the story. We dont know a lot of details about this. What we know from reports, as you said, they are protesting payment of utility bills. What clearly shows, it shows there is rising discontent within the ruling family after that crackdown. Obviously, there is grumbling. What happened is that, according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. There was harsher treatment. The lack of details, the main thing it shows is that there is more discontent within the royal family. Are we going to see more of this . That is a question to follow. Tracy there is another story taking place in saudi arabia right now. The authorities saying they will spend billions to
More than a threeyear high as u. S. Stockpiles plunge. Why are rising prices worrying the Iranian Oil Minister . The week began with the news that 11 princes had been arrested in saudi arabia for staging a sit in outside a palace in riyadh. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Tracy alloway got reaction and more on the story from bloomberg managing editor for the middle east. We dont know a lot of details about this. What we know from reports, as you said, they are protesting payment of utility bills. What clearly shows it shows that there is rising discontent within the ruling family after that crackdown. Obviously, there is grumbling. What happened is that, according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. So there was even harsher treatment. But again, because of lack of details, the main thing it shows is that there is more
Sentence. This is Bloomberg Markets middle east. Im yousef gamal eldin in dubai. A lot of the reaction we are seeing in the Asian Session is still a little bit in response to what we saw on friday. Jump into the bloomberg with me and lets take a look at the Global Market map. Some of the japanese stocks coming under german this pressure. The nikkei down 2. 5 . Electronics makers the biggest drag. The asiapacific index is on course for its biggest drop in almost 14 months. That is some context for you there. The Foreign Exchange space downg you got the chinese , also the brazilian r the brazilian riyal. Also some readjustments on the trade wti down over 1 . I want to show you what is happening with the bloomberg dollar index that is key to this conversation. A little bit of a downside as we speak. Dollaryen wanes. We see some of the capital flowing into that down 2 5 of 1 . Two blips. R up by u. S. Equity futures, where are we at . Down almost 2 5 of 1 . Lets check in on some of the big