It has taken off around the world to become busiest time of the year for the Global Retail business. Lets just show you how big. In the us alone, 164 million shoppers are expected to shop this weekend. Thats over half the countrys population. Its a make or break time for retailers. 30 to 40 of their annual sales come between black friday and christmas. Today, shoppers here in the uk are expected to spend the equivalent of 2. 1; million per minute. An increasing share of that is being done not in stores, but on phones and tablets. On line spending today is predicted to be up 15 on last year, hitting 1. 5 billion. Its a trend thats also being seen in the us, as Samira Hussain reports from new york. It is 7am, and workers have already been here a while. Sorting box after box after box. This is the beginning of the busiest time of year for shipping Companies Like fedex as the Holiday Shopping season kicks off. You see more people in the stores on black friday, but every day after, heavy on
The centralbank prepares for its last super thursday ahead of the referendum. We will bring you full coverage, live on bloomberg. So we are 28 minutes away from the start of the european trading. It looks likely will see a mildly negative start to the day. Let me show you whats happening. This is the picture at the moment; you need to focus on his missed price column. London looks like it will be down around 3 10 of 1 . Continental markets looking firmer. I would say probably that points to a flat story at the getgo. Caroline yeah. Lets have a look at the asset checks we have on. I want to draw into what has been happening on the oil side, and what has been happening largely on the japanese trading front. Keep an eye on oil. There was a surprise reduction in inventories in the united states; we saw it down to its lowest in september, 2014. Clearly a bounce in oil has been driving it, some japanese bonds to keep a close eye on. Im interested by the fact that 30 year japanese debt sales
Most landslides and officials warn there could be more. Rescue crews are continuing the search for a College Student at the site of one of the landslides. The student has been missing since the area was devastated by a series of earthquakes. Water has been restored to some households in the disaster area. Translator im glad. Water is so important i realized how important it is. Authorities say 49 people died in the quakes and 14 others passed away in the days that followed, possibly due to stress or illness. More than 40,000 people are being forced to stay in evacuation shelters across Kumamoto Prefecture while caretakers are doing the best they can, many are finding it difficult to help people who require special assistance. Udi ito has the story. Reporter she manages this evacuation shelter. Normally she is an elementary schoolteacher, but here she is much more than that. She says she often doesnt know what to do since she is not an expert on nursing care but many evacuates staying a
Police in china are investigating a series of explosions near a communist party building. Staterun news reports homemade bombs killed one person and injured eight others. Xinhua News Agency Says the explosions took place 400 kilometers from the capital. It says some eyewitnesses heard as many as eight explosions in three locations. Xinhua News Agency Says small iron balls were found scattered around which suggests handmade bombs were used. In photos posted online show damage to nearby cars, but many have already been removed from the internet. Family members of a prominent chinese human rights activist have left china. Officials allowed the mother and brother to visit him in the United States. Chen got in trouble for exposing forced abortions by chinese authorities. He escaped house arrest in april last year. He was allowed to leave for the United States after seeking asylum at the u. S. Embassy in beijing. The blind activist has appealed for International Pressure on china to improve
Trying to take over the worlds elite traveling with an entourage of cabinet secretaries at the expense of the swiss ski resort. After Climate Change and making an entrance, hes trying to make nice to his critics. Some of us have had a really great relationship. Although some people dont necessarily believe that, but i can tell you that i have a tremendous respect for the Prime Minister and the job shes doing. And i think the feeling is mutual from the standpoint of liking each other a lot. Joining me now is Msnbcs Ali Velshi with a busy day already in davos. Ali, this meeting with theresa may with disagreements, she still has an interest in trade deals with the u. S. Because of brexit. She needs us, but there have been so many tensions between the u. S. And its partner in the socalled special relationship. Im so sorry, we are going right back to ali. Obviously a big switchover there bringing in our panel. The former u. S. Ambassador to nato and victoria newlan and nick burns, former am