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Curbs. The amount of storage is 300 higher than a year ago. And global virus cases top 7 million in less than a week after topping 6 million. The u. S. And u. K. Show signs of a slowdown. India and brazil are the new hotspots. Taylor lets get a quick check of those u. S. Markets and a reminder of how they ended. Erased all the losses that we have for 2020. The nasdaq 100 continues to post more record highs. You see futures taking that in stride, mostly unchanged after what has been an astounding past few days coming up the big fridays jobs report. The optimism continues here in the monday trading. I do want to see how things are shaping up for some of the asian markets. For that, we have Sophie Kamaruddin here. Are asian markets extending some of the optimism we got in the u. S. . So, even afterestly we got warnings from slowing growth from the world bank. Kiwi stocks adding about one third of 1 at the start. Clawing back year ....
The stories on our website. Or download the bbc news app. Now on bbc news live to singapore for Asia Business report. Euus eu us trade dispute. Washington slaps tariffs on european goods. Shares in oil slides as well trade tensions fuel fears of a global recession. Good morning, asia, hello, world. The trade dispute is not all about the us and china but between america and the European Union is washington says it will impose tariffs on the eu from october 18. 25 levies will be put on french wives, single malt scotch whiskey, italian wine, olive oil and pastor have been spared. The could be retaliation on 7. 5 million with a bus. After 15 years of wrangling, the largest arbitration award was handed down allowing the us to apply terrorists 7. 5 billion of european experts in retaliation for illegal eu subsidies paid to abbas. President trump landed as a big win. Airbus. 25 tarif ....
Some sunshine, i will have your full forecast coming up. Its friday the 17th of may. Our main story. Thousands of residents in south devon have been warned they face having to boil tap water for another week while its unsafe to use directly from the source. South west water says a faulty pipe valve in a field could have allowed a parasite to make its way into the network, Infecting Hundreds of people. Aru na iyengar reports. The queue for bottled water stretched all the way down this road, 130,000 were handed out by South West Water by 5 00 yesterday. We have got two children that have been ill last week because were in the actual affected area, sort of high brixham. Just keep being keeping informed will be good just about where its going, how long its not very good, really, is it . I mean, the fact that keeping water out to start and i suppose people here are angry abo ....
Baseball caps tdow passed the threshold riding high from encouraging inflation reports that sent indexes to record closes. Are the good vibes making their way to main street . In a way, yes. Many people are exposed to the stock market through their retirement funds. Stock market gains like the ones we have seen this week, get real money for real people. Consumers are not feeling row a survey out showed that they are forried about the Economic Outlook than last month. Those feels are a boon for retailers like walmart that Beat Estimates in quarterly revenue. Shoppers are flocking as inflation takes a bite out of budgets. Shares hit a record close thursday. Now much of their gains are coming from high income shoppers, making up a greater portion of the companys business. Theyre still spending on big tickets like electronics, but low income shoppers are feeling more of the str ....