The extra mile. We have accordingly mandated our negotiators to continue the talks and to see whether no reach an agreement can be reached even at this late stage we always happy to talk make progress where we can i do think as i say there is a deal to be done if partners want to do it but we remain very far apart on these key issues and you know they are u. K. Copy looks into the e. U. s regulatory a bit weve obviously got to take back control of the fisheries fallout is up to people for. The 1st doses of pfizers corona virus vaccine are being loaded onto trucks in the u. S. They will then be sent to facilities near the 145. 00 sites that will receive them the elderly and Health Care Workers will be the 1st to get the vaccine germany is imposing stricter coronavirus locked on measures that will last until the middle of january chancellor Angela Merkel says theyre necessary to reduce the surge in cases most stores and schools will be closed and social contacts are limits its supporters
Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
We dont know exactly what happened in the meeting, but the statement afterwards from the 2 Senior Republicans from michigan certainly indicate that they heard nothing from donald trump. That would change the result of the election in michigan. And that they are going to press ahead. The United Nations is warning of a humanitarian crisis in northern ethiopia. Says more than 2000000. 00 children are at risk from the fighting in t. Great aid agency in neighboring sudan are planning for as many as 200000 refugees. If european government forces, meanwhile, say theyve taken to major towns, mohammed and in the capital, addis ababa says the battle for mccain will prove decisive in the conflict. If they cant hold the cup at all, it means they are defeated. And mackellar is considered the ultimate prize by the if European National defense forces, who are now said to be roughly about 100 kilometers from the cup at all. And they are saying they will launch attacks on mackinnon from a place for dif
Los angeles orders residents to stayathome. The clock ticks. France warns it could veto a trade deal between the u. K. And the eu if it doesnt like the terms. It comes as officials on both sides of the deal could be done in the next few days. Increased scrutiny. The house of representatives clears a china delisting bill, sending it to president trump. The measure could lead to companies being kicked off of the american exchanges. 6 00 in london. 7 00 in paris. 10 00 in downtime see iop. We have the lifeline of stimulus. Stimulus against the risk, the u. S. Deadliest day of hospitalizations so far. The reality of covid is trumped by stimulus. Good morning. Annmarie if i would have told you a few years ago that we would have the s p 500 hitting a fresh record high at the same u. S. Had its deadliest day with 2700 people dying due to covid. You would not believe me. This divergence between the market and the reality of covid is yet again playing out. Manus indeed. I take you back 24 hours
We are watching the hang seng index. Australias market is only higher by 0. 3 . But we had this news that china will allow australias cargo to come ashore. Lets have a look at stocks. Clearing exchanges in focus. The u. S. Approved legislation that could lead to chinese firms getting kicked off american exchanges. Also getting a call from sidney. Tak is down 1. 4 . ,his big surging iron or holding at a record. In recent weeks, weve seen pickup of state owned enterprise default in china that have jolted the credit markets and rattled investors. One company in the spotlight is ever grand, which has accumulated the biggest debt in global real estate. We are joined by Stephen Engle in hong kong. In ournt to bring distinguished guest, the ceo and cofounder of sc lowy in hong kong. A bank and manager that specializes in distressed and highyield debt. Good to see you. You spoke to bloomberg about a month ago and you did talk about ever grand. We know that they have taken steps to increase or