Commodity prices downs a well as concern over fall out from china continues. 11 million cars may be effected and the stock, its down another 20 this morning, volkswagen. And bank of America Votes on the roll of its chief executive. And that share holder meeting begins within the hour. Jim. What explains this turn round, because japans closed, asias been moderate overnight. I think most of the markets in a bear market. This kind of behavior should have happened yesterday. And somehow the market rallied. Its almost like it got the wake up a call that it shouldnt have rallied yesterday. I got to tell you the Justice Department and a Justice Department motivated to go after individuals. And last night, the ceo for u. S. In brooklyn, this is the test of the Justice Department. Listen, i agree, were going to talk volkswagen. This is one of the Largest Company of the world. And the largest market cap and that quasidwas during another that may have been illegal. And its not just china, althoug
Deal that could see it move its offices overseas to cut the Corporate Tax bill. Shares in london, meanwhile, sink as that firm has been lined up as a potential target instead. Announcer youre watching Worldwide Exchange. Bringing you Business News from around the globe. And a warm welcome to Worldwide Exchange. And a warmer welcome to sri. Thank you, julia. Great to be here. Well, england is still in the running, arent they . We wish them all the best in the world cup, but there are bigger fish to fry, arent there . Of course. Well talk about the tail risks. And russia and ukraine are still proving to be an elusive deal yet on the gas pricing issue. And can the markets really climb this is the big question as they have done in the past with syria and the ukraine crisis. Or is it going to be the catalyst . We have a guest coming up who believes this could be the ultimate catalyst for a 10 correction in the equity markets. So well be talking about that later on today. But for now well ge
Hello, welcome to the programme. The brexit trade talks are continuing beyond sundays deadline, after the uk and the eu agreed their negotiators should keep talking. Major issues are still unresolved, but after a telephone call, borisjohnson and ursula von der leyen they said they would go the extra mile. The british Prime Minister has repeated that a no deal scenario was most likely, but that the two sides would be as creative as possible. Our political correspondent, iain watson, reports. Are there still barriers in the way of a trade deal with brussels . Today the latest deadline was discarded. But the Prime Minister says some distance still remains between the two sides. As things stand, im afraid were still very far apart on some key things. But where theres life, theres hope. We are going to keep talking to see what we can do. The uk certainly wont be walking away from the talks. And the Eu Commission president said both sides will make a last gasp effort to reach agreement. Desp
Down its sky high rate of infection. Also in the programme. A row erupts in the us after an opinion writer suggests the next first Ladyjill Biden should stop referring to herself as doctor. And how the humble garden pea may hold the secret to controlling blood sugar levels, and avoiding type two diabetes. Hello and welcome if youre watching in the uk or around the world and stay with us for the latest news and analysis from here and across the globe. The eus chief negotiator, Michel Barnier, will brief e u Michel Barnier, will brief eu ambassadors on monday after britain and the European Union agreed to extend talks on a post brexit trade deal. Sunday was to have been the final deadline for the talks but as before, both sides have agreed an extension. The british Prime Minister and the head of the European Commission spoke on the phone on sunday, saying they would go the extra mile to try to find a solution. Our Political Correspondent iain watson has this report. Are there still barri
The pioneering Black Country music star Charley Pride has died from coronavirus complications at the age of 86. Hello and welcome to bbc news. Talks to agree a post brexit trade deal have entered whats supposed to be their final day with little to change the mood of pessimism on both sides. Prime minister Boris Johnson will again speak to the European Commission president ursula von der leyen ahead of the deadline. Both sides still appear to be deadlocked on the issues of fishing rights and how closely the uk should be tied to eu standards in the future. In the last few minutes, the foreign secretary dominic raab has said there is a long way to go and movement and flexibility is needed from the eu. Our Political Correspondent iain watson has the latest. A brief glimpse of the uks chief negotiator in brussels. Hes been locked in discussions behind closed doors with the eu. And negotiating teams continue to talk overnight, but without much progress. A government source told the bbc that,