Turmoil in Hong Kong Hits the swiss watchmakers first half sales. Chipmakers gain ground as Dialog Semiconductor raises its guidance and asml forecasts solid growth for the rest of the year good morning top of the hour on street signs. Lets go over some price action weve had over the last 24 hours ending with the wall street moves yesterday. What we saw on wall street is u. S. Equities slipped for the first session in four days the dow ending about 23 points lower. A tenth of a percentage point. A fraction weaker as we get into the heart of the earnings season the drops were bigger for the s p and nasdaq, but still about a third and a fourth of a percentage point the focus has been on earnings season with some of the key banks reporting yesterday. Goldman sachs, jpmorgan, wells fargo looking head we also get bank of america one of the ones you want to watch out for. As we were talking about, the focus is back on trade more commentary out of the u. S. President suggesting that they coul
Gainers as they see no need for a rights issue, despite worse than expected Third Quarter losses good morning glad youre with us once again on this friday morning roughly one hour into the trading session. Lets look at how were faring on the stoxx 600, modestly higher to the tune of 0. 25 , recovering from yesterdayed losses which took us to the lowest level in october so far it was all about the catalonia fears, and the worse than expected Third Quarter results most results turned out to be better th better than expected this is the picture of european indices. The cac 40, up 0. 25 the ftse 100 up by 0. 26 , and the xetra dax up 0. 42. When it comes to the sectors, financials have been doing well. Banks up by 0. 6 this is on the back of the senate vote yesterday, which will pave the way for tax cuts basic resources also doing well, up by 0. 9 on the back of higher copper prices overnight. All right. We are just getting some news from spain let me bring you that in just a second seeing
Negative after accounting changes. We speak first to stephan engles. Digital dismay. Publicis is the biggest faller in europe as the ad firm books a 1. 4 billion euro writedown on its Digital Business with underlying sales falling 2. 5 in the Fourth Quarter. A holiday nightmare for thomas cook. Shares sink as the Tour Operator reports a big quarterly loss and issues a cautious outlook for the year ahead. Welcome. Lets look at some of the Market Action across europe. Its fair to say some of the early confidence has started to cool on the markets. Only just holding on to the green for the ftse mib in italy. The French Market moving as big name caps are reporting there in the French Market, were ahead 0. 4 . The german stock market up about a third. And about 0. 10 added to the ftse 100. Lets look at the banks. Among those reporting today, socgen has been out with numbers today. Still trading positive. Up 2. 5 . Commerzbank initially positive, now trading weaker. It is a split picture for
Of the seasons first race. Today were looking at a mixture of cool conditions, breezy as well and sunshine and showers. Most of them will be on the north and east. All the details that 27 minutes past. Its mondayjuly 6. Our top story. The uks struggling arts venues are to receive a support package worth more than £1. 5 billion. It comes after many theatres, museums and other cultural organisations had warned that they were on the verge of going bankrupt. Our arts editor Will Gompertz has more. Theatres, music venues, cinemas and museums across the country have been brought to their knees by the covid 19 pandemic, with many saying they will be bankrupt within weeks without emergency Government Support. That arrived today with the culture secretary announcing a £1. 57 billion rescue package for the culture and heritage sector. We are extremely happy, but all i will say is that until we know what the future looks like for the performing arts, it will still always be a bandage on a wound
Or email victoria bbc. Co. Uk. And can you answer the big question why we can get on planes and trains and sit next to each other wearing a mask but cant do it in a theatre . Lockdown restrictions continue to be eased around the uk beer gardens reopen in scotland, in wales the five mile travel restriction is lifted, and in Northern Ireland nail bars and tattoo parlours can reopen. As people worry about getting and keeping a job, the government promises 30,000 traineeships to get young people in england into work. Delays in cancer diagnosis or treatment because of the coronavirus pandemic could lead to tens of thousands deaths in the uk, according to research seen by bbc panorama. Coming up in the next hour campaigners call for all Sexual Violence cases dropped because of the so called rough sex defence to be reviewed. And ennio morricone, one of hollywoods most iconic film score composers, had died at the age of 91. A £1. 5 billion government rescue package has been announced for the