joins me now, head of autos and infrastructure at fitch solutions. good morning to you. so, this has literallyjust come out, hasn t it? what do you make of this plan? it hasn t it? what do you make of this plan? this plan? it really appears to be future this plan? it really appears to be future proofing this plan? it really appears to be future proofing the - this plan? it really appears to | be future proofing the industry for this shift to evs which is already the fastest growing segment in the market, and that brings with it big changes to the manufacturing side of the industry. we have been looking at something similar ourselves and what will be the megatrends in the industry to 2050 and one of those is automation because evs are particularly well suited by manner of having fewer parts to more automated manufacturing and it has an impact on the skill sets that are required for manufacturing. but notjust are required for manufacturing. but not just the are required fo
we begin in france, where unions have called for a new strike day today, the 10th such mobilisation since protests started in mid january against a controversial law, which includes raising the retirement age to 64 from 62. people in france are angry at president macron, after he pushed through the pension reforms in parliament using a special provision sidestepping any vote.the ministry of energy transition has warned that kerosene supply to the capital and its airports was becoming critical. joining me now is christopher dembik, head of macro analysis at saxo bank. the 10th strike in a matter of weeks. what impact having on the economy? 50 weeks. what impact having on the economy? the economy? so far, the economy the economy? so far, the economy has the economy? so far, the economy has been - the economy? so far, the economy has been muchl the economy? so far, the - economy has been much more resilient. with the yellow vest movement, a lot of strikes and a lot of dis
And were starting with the latest incident in the volatile Gulf Region Oil prices have surged after what is believed to have been a missile strike on and ukrainian tanker in the red sea benchmark brant crude oil rose over 2 percent in trading to reach 60. 40 a barrel after this beauty was hits off the saudi port city of jeddah the ship was headed towards iran or in the gulf it was the latest strike by an unknown attacker on Oil Facilities in the gulf region a bombing office saudi arabias largest Oil Processing facility this summer caused a 10 percent spike in the oil price but markets calmed quickly as output was restored. For more im joined now by joseph head of oil and gas and alice is at Fitch Solutions in london good to have you with us so you comparison to this attack on saudi Oil Processing facility in summer how serious is this latest incident for
the oil market. Thank you monica the latest its the to is relatively minor in comparison to last months attack on iran cos facilities
Makes financial sense. This is the business briefing. Im ben bland. More turbulence for boeing, as the plane maker announces it troubled 737 max planes wont return to the skies until the summer of 2020. And a mixed set of results from netflix, as the streaming service continues to expand globally but struggles in the us. And on the markets asian stocks, its a bit of a bounce ina asian stocks, its a bit of a bounce in a response to the coronavirus outbreak. Lets start with the latest developments from troubled plane maker boeing, which has announced it doesnt expect its 737 max planes to return to the skies until the summer of 2020. The plane has been grounded since march after two fatal crashes, which together killed 346 people. Boeing said it doesnt think its troubled 737 max jets will return to service untiljuly at the earliest, which is months later than expected. The markets had been anticpating the news late on tuesday, with boeing shares falling more than 5 as word of the delay s
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